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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 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*
Knight Lyle R.
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(Last) (First) (Middle)
1520 E. Pima Street
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(Street)
Phoenix AZ 85034
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(City (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
SkyMall, Inc.; SKYM
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3. I.R.S. Identification
Number of Reporting
Person, if an entity
(Voluntary)
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4. Statement for Month/Year
June 2000
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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)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
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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 of
(Instr. 3) action action or Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
(Instr. 8) Owned at Direct Owner-
(Month/ ---------- ------------------------------- End of Month (D) or ship
Day/ (A) or Indirect
Year) Code V Amount (D) Price (Instr. 3 and 4) (I)
(Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 6/30/2000 P 25,000 A $2.00 39,571 D(1)
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81,086 I (2)
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Total 120,657
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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).
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.
<PAGE>
Form 4 (continued)
<TABLE>
<CAPTION>
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Table II--DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv-
(Instr. 3) sion or action tion ative Securities Ac-
Exercise Date Code quired (A) or Dis-
Price of (Instr. 8) posed of (D)
Deri- (Month/ (Instr. 3,4, and 5)
vative Day/ ----------- -------------------------
Security Year) Code V (A) (D)
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<S> <C> <C> <C> <C> <C> <C>
Options to Purchase
Common Stock(3) (3) N/A N/A N/A N/A
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Warrants to Purchase
Common Stock(4) $7.00 N/A N/A N/A N/A
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Warrants to Purchase
Common Stock(4) $7.00 N/A N/A N/A N/A
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<CAPTION>
6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Nature
cisable and Underlying Securities of of Deriv- ship of
Expiration (Instr. 3 and 4) Deriv- ative Form of Indirect
Date ative Secur- Deriv- Benefi-
(Month/Day/ Secur- ities ative cial
Year) ity Bene- Security: Owner-
---------------- ----------------------- (Instr. ficially Direct ship
Date Expira- Amount or 5) Owned (D) or (Instr. 4)
Exer- tion Title Number of at End Indirect
cisable Date Shares of (I)
Month (Instr. 4)
(Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C>
(3) (3) Common Stock 46,000 N/A 46,000 D N/A
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(4) (4) Common Stock 7,286 (4) 7,286 D(1) N/A
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(4) (4) Common Stock 7,143 (4) 7,143 I (2)
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</TABLE>
Explanation of Responses:
(1) Securities jointly owned with spouse.
(2) Securities held by an IRA account of which Mr. Knight is a beneficiary.
(3) Options to purchase shares of Common Stock granted from time to time
pursuant to the Company's Non-Employee Director Stock Option Plan in
connection with Mr. Knight's service on the Company's Board of Directors.
The Options are exercisable at prices ranging from $4.69 to $11.8125 per
share and expire ten years from the date of grant of each option.
(4) Securities were issued as part of units, at a purchase price of $7.00 per
unit, pursuant to a Stock and Warrant Purchase Agreement dated as of
December 20, 1999 (the "December 20, 1999 Private Placement"), each unit
consisting of shares of Series A Junior Convertible Preferred Stock (the
"Series A Preferred") and Warrants to purchase shares of Common Stock. The
shares of Series A Preferred were converted to Common Stock on March 10,
2000. The Warrants expire five years after the date of issuance and may be
exercised at any time after issuance. The exercise price of each warrant is
$8.00 per share of common stock represented by the warrant and is subject
to customary anti-dilution adjustments in certain circumstances.
/s/ Lyle R. Knight July 10, 2000
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**Signature of Reporting Person Date
Lyle R. Knight
**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.
Page 2
SEC 1474 (7/97)
