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FORM 4 OMB APPROVAL
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[ ] Check this box if no longer subject to Section OMB Number: 3235-0287
16. Form 4 or Form 5 obligations may Expires: September 30, 1998
continue. See Instruction 1(b). Estimated average burden
hours per response 0.5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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
<S> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to
Issuer (Check all applicable)
Landau George W. The Brazilian Equity Fund, Inc (BZL)
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(Last) (First) (Middle) 3. IRS or Social 4. Statement for [X] Director [ ] 10% Owner
Security Number Month/Year [ ] Officer (give [ ] Other (specify
of Reporting title below) below)
Person September 1999
2601 South Bayshore Drive, Suite 1109 (Voluntary)
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(Street) 5. If Amendment, Date of 7. Individual or Joint/Group Filing
Original (Month/Year) (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting
Coconut Grove Florida 33133 Person
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(City) (State) (Zip)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<S> <C> <C> <C> <C> <C> <C>
1. Title of Security (Instr. 3) 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
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/ Month Indirect Owner-
Year) (Instr. 3 (I) ship
and 4) (Instr. 4) (Instr. 4)
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Code V Amount (A) or (D) Price
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Common Stock 9/24/99 S 666 D 4 1000 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
SEC 1474 (7-96)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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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)
<S> <C> <C> <C> <C> <C> <C>
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1. Title of 2. Conver- 3.Trans- 4. Transac- 5. Number of 6. Date Exer- 7. Title and Amount of
Derivative sion or action tion Code Derivative cisable and Underlying Securities
Security Exercise Date (Instr. 8) Securities Expiration (Instr. 3 and 4)
(Instr. 3) Price of (Month/ Acquired (A) Date (Month/
Derivative Day/ or Disposed Day/Year)
Security Year) of (D)
(Instr.3, 4,
and 5)
Code V (A) (D) Date Expira- Amount or
Exer- tion Title Number of
cisable Date Shares
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[CONTINUATION OF THE ABOVE CHART]
<S> <C> <C> <C>
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8. Title of 9. Number 10. Owner- 11. Nature
Derivative of Deriv- ship of In-
Security ative Form direct
(Instr. 3) Secur- of De- Bene-
ities rivative ficial
Bene- Secu- Owner-
ficially rity: ship
Owned Direct (Instr. 4)
at (D) or
End Indi-
of rect (I)
Month (Instr. 4)
(Instr. 4)
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Explanation of Responses:
/s/ George W. Landau 10/08/1999
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** Intentional misstatements or omissions of facts constitute Federal Criminal **Signature of Reporting Person Date
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. Page 2
If space is insufficient, see Instruction 6 for procedure. SEC 1474 (7-96)
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.
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