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OMB APPROVAL
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OMB Number 3235-0287
Expires: December 31,2001
Estimated average burden
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print or Type Response)
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1. Name and Address of Reporting Person(*)
CYL Development Holdings, LLC
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(Last) (First) (Middle)
330 South Street, P.O. Box 1975
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(Street)
Morristown NJ 07962-1975
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
dreamlife, inc. (formerly GHS, Inc.) and DLIF
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
5/00
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing
(Check Applicable Line)
[ ] Form filed by One Reporting Person
[ X ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Call Option $4.75 5/11/00 S 300,000 5/11/00 5/10/05 Common 300,000 0 0
Stock
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</TABLE>
Explanation of Responses:
Other Reporting Persons:
Kurt T. Borowsky
330 South Street
P.O. Box 1975
Morristown, New Jersey 07962-1975
David J. Roy
1334 Parkview Avenue
Suite 330
Manhattan Beach, California 90266
Mr. Borowsky and Mr. Roy, as managers of CYL Development Holdings,
LLC, may be deemed indirect beneficial owners of all of the shares of
Common Stock of dreamlife, inc. reported as beneficially owned by CYL
Development Holdings, LLC. The pecuniary interest of each of Mr. Borowsky
and Mr. Roy in the shares of Common Stock of dreamlife, inc. is less than
10%.
/s/ Kurt T. Borowsky 6/7/00
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(**)Signature of Reporting Person Date
/s/ David J. Roy 6/7/00
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(**)Signature of Reporting Person Date
By: CYL Development Holdings, LLC,
/s/ David J. Roy 6/7/00
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(**)Signature of Reporting Person Date
Name: David J. Roy
Title: Manager
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.