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------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, DC 20549 OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number:................
[X] Check box if no Expires:...................
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response.........
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
(Print or Type Responses)
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<S> <C> <C>
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
London Pacific Assurance Limited VINA Technologies, Inc. (VINA) Issuer (Check all applicable)
--------------------------------------------- ---------------------------------------------- Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
Minden House, 6 Minden Place Number of Reporting Month/Year Officer (give Other (Specify
--------------------------------------------- Person (Voluntary) August 2000 ---- title --- below)
(Street) ------------------ below)
St. Helier, Jersey, UK JE2 4WQ 5. If Amendment,
--------------------------------------------- -------------------------- Date of Original --------------------------------
(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group filing
------------------ (Check Applicable Box)
X Form filed by One
---- Reporting Person
Form filed by More than
---- One Reporting Person
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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. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ -------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Common Stock 8/15/00 C 2,230,116(1) A 1-for-1 2,230,116 D
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Common Stock 8/15/00 C 714,286(2) A 1-for-1 714,286 I By London
Pacific Life
& Annuity
Co.
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Common Stock 8/15/00 P 100,000(3) A 100,000 I By London
Pacific Life
& Annuity
Co.
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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). (Over)
SEC 1474 (7-96)
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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> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Security
ative Year) of (D) (Instr. Year) (Instr. 5)
Security 3, 4, and 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Convertible Common 2,230,116
Preferred Stock 1-for-1 8/15/00 C 2,230,116 Immediate Stock (1)
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Series E Convertible Common
Preferred Stock 1-for-1 8/15/00 C 614,286 Immediate Stock 614,286(2)
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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0 D
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By London Pacific Life
0 I & Annuity Co.
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Explanation of Responses:
(1) Automatic conversion of the following shares upon initial public offering: 146,782 Series B Preferred Stock,
1,750,000 Series C Preferred Stock, and 333,334 Series D Preferred Stock.
(2) Automatic conversion of Series E Preferred Stock upon initial public offering.
(3) Purchased upon initial public offering.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Ron Greene 9-11-00
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.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained Page 2
in this form are not required to respond unless the form displays a currently SEC 1474 (7-96)
valid OMB Number.
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