FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
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
1. Name and Address of Reporting Person*
Butler Robert
(Last) (First) (Middle)
c/o Versus Technology, Inc.
2600 Miller Creek Road
(Street)
Traverse City MI 49684
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Versus Technology, Inc. - VSTI.OB
3. IRS or Social Security Number of Reporting Person (Voluntary)
Not furnished
4. Statement for Month/Year
September 2000
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (Specify below)
Controller
____________________________________________
7. Individual or Joint/Group Filing
(Check applicable line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
* If the Form is filed by more than one Reporting Person, see instruction
4(b)(v)
<TABLE>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
5. Amount
3. Trans- 4. Securities of Securi-
action Acquired (A) or ties Bene- 6. Owner-
Code Disposed of (D) ficially ship Form: 7. Nature of
(Instr. 8) (Instr. 3, 4 & 5) Owned at Direct(D) Indirect
2. Trans- _________ ___________________ End of or Indirect Beneficial
1. Title of Transaction (A) or Month (I) Ownership
Security Date Code V Amount (D) Price (Inst. 3&4) (Instr. 4) (Instr. 4)
(Instr. 3) (Mo./Day/Yr.)
_________________ ___________ ____ ___ ______ _____ _____ ________ ___________ _________
<S> <C> <S> <C> <S> <C> <C> <S>
Common Stock 9/8/00 J(1) 200 A .01 39,650 D(1)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
</TABLE>
<TABLE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
9.
Number
5. Number 7. Title of
of Deriv- 6. Date and Amount Deriv- 10. Own-
ative Sec- Exercisable of Under- ative ership
urities & Expiration lying Sec- Secur- Form of 11.
Acquired Date urities (In- ities Deriva- Nature
4. Trans- (A) or (Mo./Day/Yr.)str. 3 & 4) 8. Benefi- tive Sec- of In-
2. Conver- action Disposed _____________ _____________ Price cially urity: direct
sion or 3. Trans- Code of (D) Amount of Owned Direct(D) Bene-
1. Title of Exercise action (Instr. 8) (Instr. 3, or Deriv- at End or In- ficial
Derivative Price of Date) 4 and 5) Date Expir- Number ative of direct(I) Owner-
Security Derivative (Month/ ____________________ Exer- ation of Security Month (Instr. ) ship
(Instr. 3) Security Day/Yr.) Code V (A) (D) cisable Date Title Shares (Instr. (Instr. 4) (Instr.
5) 4) 4)
____________ _________ ________ ____ _ ______ ____ _______ _____ _____ ______ ________ _______ _________ _______
<S> <C> <S> <C> <S> <S> <S> <C> <C> <S>
Options $0.629 (2) 4/24/08 Common 101,955 101,955 D(2)
Options $0.21 (2) 10/22/08 Common 8,375 8,375 D(2)
Options $0.401 (3) 12/04/08 Common 150,000 150,000 D(3)
Options $0.17 (3) 4/23/09 Common 2,875 2,875 D(3)
Options $0.117 (4) 11/15/09 Common 35,000 35,000 D(4)
Options $0.325 9/08/00 A 65,000(A) (5) 9/08/00 Common 65,000 N/A 65,000 D(5)
Explanation of Responses:
(1) Shares issued to reporting person pursuant to 1996 Incentive Restricted Stock Bonus Plan.
(2) Options issued to reporting person pursuant to 1996 Employee Incentive Stock Option Plan; fully vested.
(3) Options issued to reporting person pursuant to 1996 Employee Incentive Stock Option Plan.
20% of options became exercisable on 12/04/99 and 4 /23/00 and an additional 20% on each of the four succeeding
anniversaries.
(4) Options issued to reporting person pursuant to 1999 Employee Incentive Stock Option Plan.
20% of options became exercisable on 11/15/00 and an additional 20% on each of the four succeeding
anniversaries.
(5) Options issued to reporting person pursuant to 1999 Employee Incentive Stock Option Plan.
20% of options become exercisable on 9/08/01 and 20% on each of four succeeding anniversaries.
</TABLE>
ROBERT BUTLER October 10, 2000
__________________________ _____________________
Robert Butler
**Signature of Reporting Date
Person
**Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).