UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Kossner, Wolfgang M.
Freyenthurn 1
9020
Klagenfurt,
AUSTRIA
2. Issuer Name and Ticker or Trading Symbol
Eastbrokers International Incorporated
("EAST")
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
01/31/1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
Vice Chairman of the Board
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock, $0.05 par val|01/01/|P | |526,884 |A |$15.00 |1,736,523 |I |(1) |
ue per share |99 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock Options (Right t|$10.00 |01/01|P | |33,000 |A |02/01|08/01|Common Stock|33,000 |$2.00 |133,000 |I |(2) |
o Buy) | |/99 | | | | |/97 |/01 |, $0.05 par | | | | | |
| | | | | | | | |value per sh| | | | | |
| | | | | | | | |are | | | | | |
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Stock Options (Right t|$10.00 | | | | | |02/01|08/01|Common Stock|67,000 | |67,000 |D | |
o Buy) | | | | | | |/97 |/01 |, $0.05 par | | | | | |
| | | | | | | | |value per sh| | | | | |
| | | | | | | | |are | | | | | |
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Class C Common Stock P|$7.00 | | | | | |02/20|02/19|Common Stock|400,000| |400,000 |I |(3) |
urchase Warrants (Righ| | | | | | |/99 |/02 |, $0.05 par | | | | | |
t to Buy) | | | | | | | | |value per sh| | | | | |
| | | | | | | | |are | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) 1,504,023 shares are owned indirectly through General Partners Beteiligungs
AG ("GP"), of which Mr.
Kossner is a principal stockholder. 200,000 shares are owned by Karntner
Landes und Hypothekenbank AG (the
"Bank") as nominee for GP. Mr. Kossner may be deemed to have shared voting and
investment power with
respect to these shares. Also includes 32,500 shares held by the Bank as
nominee for Central and Eastern
European Fund (the "Fund"), of which Mr. Kossner is a director. The inclusion
of such Fund shares shall not be
construed as an admission that Mr. Kossner is the beneficial owner of such
shares.
(2) The Options were acquired, and are owned, by
GP.
(3) The Class C Warrants are owned by GP.
SIGNATURE OF REPORTING PERSON
/s/ Wolfgang M. Kossner
DATE
February 10, 1999