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OMB APPROVAL
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OMB Number 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ........0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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*
Funsten Kenneth B.
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(Last) (First) (Middle)
121 Outrigger Mall
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(Street)
Marina del Rey California 90292
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
12/09/2000
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Metretek Technologies, Inc. - MTEK
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
________________________________________________________________________________
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 I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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<S> <C> <C> <C>
Common stock 152,308 D
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Common stock 207,430 I through partnership (1)
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Common stock 67,932 I through corporation (1)
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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
5(b)(v).
(Over)
SEC 1473 (3/91)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
Warrants 3/9/2000 12/09/2004 Common stock 18,100 $3.474 D
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Warrants 3/9/2000 12/09/2004 Common stock 27,000 $3.474 I through
partnership(1)
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Warrants 3/9/2000 12/09/2004 Common stock 4,900 $3.474 I through
corporation(1)
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Series B Convertible
Preferred Stock 6/9/2000 12/09/2004 Common stock 59,206 $3.0571 D
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Series B Convertible through
Preferred Stock 6/9/2000 12/09/2004 Common stock 88,318 $3.0571 I partnership(1)
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Series B Convertible through
Preferred Stock 6/9/2000 12/09/2004 Common stock 16,028 $3.0571 I corporation(1)
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</TABLE>
Explanation of Responses: (1) Mr. Funsten disclaims beneficial ownership of any
shares and warrants of Metretek Technologies, Inc. as to which he has no direct
or indirect pecuniary interest.
/s/ Kenneth B. Funsten 12/29/2000
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**Signature of Reporting Person Date
** 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 provided 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 respoind unless the form displays a currently
valid OMB Number.
Page 2
SEC 1473 (7-97)
