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FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 OMB Number 3235-0287
____Check this box if no longer Expires:February 1, 1994
subject to Section 16. Form 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
or Form 5 obligations may hours per response.. 0.5
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
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issue
(Check all applicable)
Silberstein Ronald N. Ajay Sports, Inc. "AJAY"
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for _______ Director _______ 10% Owner
Number of Reporting Month/Year 12/99 ___X___ Officer (give _______ Other
7001 Orchard Lake Road, Suite 424 Person (Voluntary) title (specify
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(Street) 5. If Amendment,
Date of Original CAO and CFO
(Month/Year) -------------------------------------
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West Bloomfield , MI 48322
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(City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4, and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct Bene-
(Month/ End of (D) or ficial
Day/ (A) or Month Indirect Owner-
Year) Code V Amount (D) Price (Instr. 3 and 4) (I) ship
(Instr. 4) (Instr. 4
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COMMON STOCK 12/03/99 P 1,000 (A) $0.6875 D
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COMMON STOCK 12/07/99 P 750 (A) $0.6563 D
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COMMON STOCK 12/20/99 P 500 (A) $0.6250 3,350 D(1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over
(Print or Type Responses) SEC 1474 (3/91
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FORM 4 (continued) TABLE II - Derivative Securities Acquired, Disposed of, Or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- 7. Title & Amount of
sion or action tion Code ative Securities Ac- cisable and Ex- Underlying
(Instr. 3) Exercise Date quired (A) or Dis- piration Date Securities of In-
Price of (Month/ (Instr. 8) posed of (D) (Month/Day/ (Instr. 3 and 4)
Deriv- Day/ Year
ative Year) (Instr. 3, 4, and 5)
Security
Date Expira- Amount o
Exer- tion Title Number o
Code V (A) (D) cisable Date Share
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FORM 4 (continued) TABLE II - Derivative Securities Acquired, Disposed of, Or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
8. Price 9. Number 10. Owner- 11. Na-
of of Deriv- ship ture
Deriv- ative Form of In-
ative Secur- of De- direct
Secur- ities rivative Bene-
ity Bene- Secu- ficial
ficially rity: Own-
(Instr. Owned Direct ership
5) at End (D) or
of Indi- (Instr. 4)
Month rect (I)
(Instr. 4) (Instr. 4)
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Explanation of Responses:
1. Held in the name of Ronald N. Silberstein IRA account.
This filing shall not be deemed as an admission that the Reporting Person is, for purposes of Section 16 of the Act or otherwise,
the beneficial owner of any equity securities covered by this report.
**Intentional misstatements or omissions of facts constitute Federal Criminial Violations.
/s/Ronald N. Silberstein January 10, 2000
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See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ** Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (3/91)
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