U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
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
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue
1. Name and Address of Reporting Person: Kimberlin, Kevin B.
535 Madison Avenue, 18th Floor
New York, NY 10022
2. Issuer Name and Ticker or Trading Symbol: SmartServ Online, Inc. SSOL
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year: February 2000
5. If Amendment, Date of Original: March 30, 2000
6. Relationship of Reporting Person to Issuer:
[ ] Director [ x ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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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>
<CAPTION>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Transaction 3)Transaction 4) Securities Acquired(A) 5) Amount of 6) Ownership 7) Nature of
Date Code or Disposed of (D) Securities Form:Direct Indirect
--------------- -------------------------- Beneficially (D) or Beneficial
(Month/Day/ Owned at End Indirect(I) Ownership
Year) Code V Amount (A) or (D) Price of Month
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<S> <C>
N/A
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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)Conversion or 3)Transaction 4)Transaction 5) Number of Derivative 6) Date Exercisable
Security or Exercise Price Date Code Securities Acquired(A) and Expiration
Price of or Disposed of (D) Date
Derivative (Month/Day/
Security Year)
Date Expiration
Code V (A) (D) Exercisable Date
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<S> <C> <C> <C> <C> <C> <C>
Warrants to Purchase $0.60 2/17/00 S D 1/25/00 11/24/03
Common Stock
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<CAPTION>
Table Cont'd
1)Title of Derivative 2)Conversion or 3)Transaction 7)Title & Amount 8) Price of 9) Number 10) Ownership 11) Nature of
Security Exercise Price Date of Underlying Derivative of derivative form of Indirect
of Derivative Securities Security securities Derivative Beneficial
Security (Month/Day/ Beneficially Security Ownership
Year) Owned at Direct (D)
End of or Indirect(I)
Month
Title Amount or
Number of
Shares
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Warrants to Purchase $0.60 2/17/00 Common 50,000 $119.625 489,500 I See Note (2)
Common Stock Stock See Note
(1)
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Explanation of Responses:
1. The sales price is subject to adjustment
2. Spencer Trask Holdings, Inc. ("STHI"), a Delaware corporation, of which the
reporting person is the controlling shareholder, sold to an unrelated third
party, 50,000 of its warrants to purchase common stock of the Issuer, the
exercise price of which was made by delivery of a promissory note.
Following such transaction, the reporting person may be deemed to be a
beneficial owner of warrants to purchase 489,500 shares of the Issuer's
common stock, which includes warrants to purchase 62,000 shares held by
STHI and warrants to purchase 427,500 shares of the Issuer's common stock
held by Kevin Kimberlin Partners, LP, a Delaware limited partnership, of
which the reporting person is the general partner.
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</TABLE>
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
/s/ Kevin B. Kimberlin August 9, 2000
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**Signature of Reporting Person Date
