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FORM 4
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549 OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
/ / CHECK BOX IF NO Expires: September 30, 1998
LONGER SUBJECT TO Filed pursuant to Section 16(a) of the Securities Estimated average burden hours
SECTION 16. FORM 4 Exchange Act of 1934, Section 17(a) of the per response ............. 0.5
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
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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
Yaniv Zvi SI Diamond Technology, Inc. (SIDT) Issuer (Check all applicable)
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
3006 Longhorn Blvd., Suite 107 Number of Reporting Month/Year X Officer (give Other (Specify
- - --------------------------------------------- Person (Voluntary) 5/98 ---- title --- below)
(Street) ------------------ below)
Austin Texas 78758 5. If Amendment, President and Chief Operating Officer
- - --------------------------------------------- Date of Original --------------------------------------
(City) (State) (Zip) (Month/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 1 -- 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
(Month/ (Instr. 8) End of Month Direct Benefi-
Day/ (Instr. 3 and 4) (D) or cial
Year) --------------------------------------- Indirect Owner-
Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Common Stock 11,000 D
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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)
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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/ Secur-
ative Year) of (D) Year) ity
Security (Instr. 3, (Instr. 5)
4, and 5) --------------------------------------
Date Expira- Amount or
---------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Stock Option - Rt. to Buy $ 4.00 5/11/98 D 750,000 (1) Common Stock 750,000
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Stock Option - Rt. to Buy $0.375 5/11/98 A 750,000 (1) 6/1/06 Common Stock 750,000
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Stock Option - Rt. to Buy $ 2.00 5/11/98 D 250,000 (1) Common Stock 250,000
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Stock Option - Rt. to Buy $0.375 5/11/98 A 250,000 (1) 6/1/06 Common Stock 250,000
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Stock Option - Rt. to Buy $1.125 5/11/98 D 20,000 (2) Common Stock 20,000
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Stock Option - Rt. to Buy $0.375 5/11/98 A 20,000 (2) 7/28/07 Common Stock 20,000
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1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) 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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Stock Option - Rt. to Buy -0-
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Stock Option - Rt. to Buy 750,000 D
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Stock Option - Rt. to Buy -0-
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Stock Option - Rt. to Buy 250,000 D
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Stock Option - Rt. to Buy -0-
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Stock Option - Rt. to Buy 20,000 D
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Explanation of Responses:
(1) These options vest as follows: 1/10 on the date of grant and 1/10 on the last day of the grant year with 1/5 of the options
thereafter vesting on the last day of the year for the next succeeding 4 years.
(2) These options are fully vested as of the grant date.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Zvi Yaniv 6/17/98
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------ -----------
Dr. Zvi Yaniv Date
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.
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