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FORM 5
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/X/ CHECK BOX IF NO U.S. SECURITIES AND EXCHANGE COMMISSION
LONGER SUBJECT TO WASHINGTON, DC 20549
SECTION 16. FORM
4 OR FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
OBLIGATIONS MAY
CONTINUE. SEE Filed pursuant to Section 16(a) of the Securities
INSTRUCTION 1(b) Exchange Act of 1934,
/ / FORM 3 HOLDINGS Section 17(a) of the Public Utility
REPORTED Holding Company Act of 1935 or Section 30(f) of
/ / FORM 4 the Investment Company Act
TRANSACTIONS of 1940
REPORTED
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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
Fecteau, III Edward Thomas SI Diamond Technologies, Inc. (SIDT) Issuer (Check all applicable)
- ------------------------------------------- ---------------------------------------------- Director 10% Owner
(Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- ---
12100 Technology Blvd Number of Reporting Month/Year X Officer (give Other (specify
- ------------------------------------------- Person 12/97 ---- title --- below)
(Street) (Voluntary) ------------------- below)
Austin Texas 78727 5. If Amendment, Senior Vice President
- ------------------------------------------- Date of Original -------------------------------
(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group Reporting
------------------ (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-DERITIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 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. End of Issuer's Direct Benefi-
(Month/ 8) Fiscal Year (D) or cial
Day/ ---------------------------- (Instr. 3 and 4) Indirect Owner-
Year) Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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*If the form is filed by more than one reporting person, see instruction 4(b)(v).
(Over)
SEC 2270 (7-96)
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FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)(1)
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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
(A) (D) cisable Date Shares
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Stock Option - Rt. to Buy $4.00 11/1/96 (2) 11/1/06 Common Stock 26,750
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Stock Option - Rt. to Buy $4.00 7/28/97 D 8,250 (2) Common Stock 8,250
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Stock Option - Rt. to Buy $2.00 7/28/97 A 8,250 (2) 11/1/06 Common Stock 8,250
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Stock Option - Rt. to Buy $4.00 1/31/96 (3) 1/31/06 Common Stock 13,375
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Stock Option - Rt. to Buy $4.00 7/28/97 D 4,125 (3) Common Stock 4,125
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Stock Option - Rt. to Buy $2.00 7/28/97 A 4,125 (3) 1/31/06 Common Stock 4,125
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Stock Option - Rt. to Buy $3.00 11/1/96 (4) 11/1/06 Common Stock 27,625
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Stock Option - Rt. to Buy $3.00 7/28/97 D 9,375 (4) Common Stock 9,375
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Stock Option - Rt. to Buy $2.00 7/28/97 A 9,375 (4) 11/1/06 Common Stock 9,375
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Stock Option - Rt. to Buy $1.125 7/28/97 A 20,000 (5) 7/28/07 Common Stock 20,000
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<C> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative of Derivative Indirect
(Instr. 3) Securities Security: Beneficial
Beneficially Direct (D) Ownership
Owned at End or Indirect (I) (Instr. 4)
of Year (Instr. 4)
(Instr. 4)
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Stock Option - Rt. to Buy 26,750 D
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Stock Option - Rt. to Buy -0-
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Stock Option - Rt. to Buy 8,250 D
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Stock Option - Rt. to Buy 13,375 D
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Stock Option - Rt. to Buy -0-
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Stock Option - Rt. to Buy 4,125 D
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Stock Option - Rt. to Buy 27,625 D
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Stock Option - Rt. to Buy -0-
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Stock Option - Rt. to Buy 9,375 D
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Stock Option - Rt. to Buy 20,000 D
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EXPLANATION OF RESPONSES:
(1) Mr. Fecteau left the Company effective January 16, 1998, thereby canceling all outstanding options except for the 20,000
options granted and fully vested on 7/28/97 which will expire as of January 16, 2000.
(2) These options vest in the following proportions: .05% every 3 months for the first 9 months following the date of original
grant and .25% on the first anniversary of the original grant date with .20% on the anniversary date for the next succeeding
3 years.
(3) These options are fully vested from the date of grant.
(4) These options were granted under the Company's Amended and Restated 1992 Stock Option Plan and vest as follows: 1/4 on the
seventh month following the grant date and 1/4 of the options remaining on the anniversary of the first vesting period for the
next succeeding 3 years.
(5) These options are fully vested as of the grant date.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Donald T. Locke, Esq. 2/13/98
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Attorney-in-Fact 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 in this form are not required to respond unless the
form displays a currently valid OMB number.
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SEC 2270 (7-96)
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