<PAGE> OMB Number 3235-0287
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FORM 4
/XX/ Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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
(Print or Type Responses)
1. Name and Address of Reporting Person
Illingworth, David J., 10315 102nd Terrace, Sebastian, FL 32958
(Last) (First) (Middle), (Street), (City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol: VidaMed, Inc. (VIDA)
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year: March 2000
5. If Amendment, Date of Original (Month/Year): ___________
6. Relationship of reporting person to issuer
(Check all applicable)
_XX_ Director ____ 10% Owner
____ Officer (give ____ Other (specify
title below) below)
Resigned on Director on March 16, 2000
7. Individual or Joint/Group Filing (Check Applicable line)
_XX_ Form filed by one Reporting Person
____ Form filed by More than One Reporting Person
<PAGE>
FORM 4 (continued) Page 2 of 9 Pages
Table I - Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
1. Title of Security (Instr. 3): Common Stock
2. Transaction Date (Month/Day/Year): 02/10/00
3. Transaction Code (Instr. 8)
Code: ___M___
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount: 171,875 (A) or (D) ___A___ Price: $3.688
5. Amount of Securities Beneficially Owned at End of Month
(Inst. 3 and 4) _________________
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4): _________
7. Nature of Indirect Beneficial Ownership (Inst. 4): _____________
1. Title of Security (Instr. 3): Common Stock
2. Transaction Date (Month/Day/Year): 02/10/00
3. Transaction Code (Instr. 8)
Code: ___M___
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount: 83,333 (A) or (D) ___A___ Price: $0.781
5. Amount of Securities Beneficially Owned at End of Month
(Inst. 3 and 4) _________________
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4): _________
7. Nature of Indirect Beneficial Ownership (Inst. 4): _____________
<PAGE>
FORM 4 (continued) Page 3 of 9 Pages
1. Title of Security (Instr. 3): Common Stock
2. Transaction Date (Month/Day/Year): 02/10/00
3. Transaction Code (Instr. 8)
Code: ___M___
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount: 2,500 (A) or (D) ___A___ Price: $2.00
5. Amount of Securities Beneficially Owned at End of Month
(Inst. 3 and 4) _________________
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4): _________
7. Nature of Indirect Beneficial Ownership (Inst. 4): _____________
1. Title of Security (Instr. 3): Common Stock
2. Transaction Date (Month/Day/Year): 02/10/00
3. Transaction Code (Instr. 8)
Code: ___S___
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount: 171,875 (A) or (D) ___A___ Price: $4.154
5. Amount of Securities Beneficially Owned at End of Month
(Inst. 3 and 4) _________________
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4): _________
7. Nature of Indirect Beneficial Ownership (Inst. 4): _____________
<PAGE>
FORM 4 (continued) Page 4 of 9 Pages
1. Title of Security (Instr. 3): Common Stock
2. Transaction Date (Month/Day/Year): 02/10/00
3. Transaction Code (Instr. 8)
Code: ___S___
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount: 83,333 (A) or (D) ___A___ Price: $4.156
5. Amount of Securities Beneficially Owned at End of Month
(Inst. 3 and 4) _________________
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4): _________
7. Nature of Indirect Beneficial Ownership (Inst. 4): _____________
1. Title of Security (Instr. 3): Common Stock
2. Transaction Date (Month/Day/Year): 02/10/00
3. Transaction Code (Instr. 8)
Code: ___S___
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount: 2,500 (A) or (D) ___A___ Price: $4.156
5. Amount of Securities Beneficially Owned at End of Month
(Inst. 3 and 4) 20,000
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4): ___D__
7. Nature of Indirect Beneficial Ownership (Inst. 4): _____________
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). SEC 1474 (7-96)
<PAGE>
FORM 4 (continued) Page 5 of 9 Pages
Table II - Derivative Securities Acquired, Disposed of,
or Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
1. Title of Derivative Security (Instr. 3): Employee Stock Option
(right to buy)
2. Conversion or Exercise Price of Derivative Security: $3.688
3. Transaction Date (Month/Day/Year): 2/10/00
4. Transaction Code (Instr. 8)
Code __M__
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) (A) _____________ (D) 171,875
6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
__(1)___________ 02/03/08
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
Title: Common Stock Amount or Number of Shares: 171,875
8. Price of Derivative Security (Instr. 5) _______________
9. Number of derivative Securities Beneficially Owned at End of Month
(Instr. 4) 0
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) D
11. Nature of Indirect Beneficial Ownership (Inst. 4)
_____________________________________________________________________
<PAGE>
FORM 4 (continued) Page 6 of 9 Pages
1. Title of Derivative Security (Instr. 3): Employee Stock Option
(right to buy)
2. Conversion or Exercise Price of Derivative Security: $0.781
3. Transaction Date (Month/Day/Year): 2/10/00
4. Transaction Code (Instr. 8)
Code __M__
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) (A) _____________ (D) 83,333
6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
__(1)___________ 10/08/08
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
Title: Common Stock Amount or Number of Shares: 83,333
8. Price of Derivative Security (Instr. 5) _______________
9. Number of derivative Securities Beneficially Owned at End of Month
(Instr. 4) 0
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) D
11. Nature of Indirect Beneficial Ownership (Inst. 4)
_____________________________________________________________________
<PAGE>
FORM 4 (continued) Page 7 of 9 Pages
1. Title of Derivative Security (Instr. 3): Director Stock Option
(right to buy)
2. Conversion or Exercise Price of Derivative Security: $2.00
3. Transaction Date (Month/Day/Year): 2/10/00
4. Transaction Code (Instr. 8)
Code __M__
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) (A) _____________ (D) 2,500
6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
01/03/00 01/02/10
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
Title: Common Stock Amount or Number of Shares: 2,500
8. Price of Derivative Security (Instr. 5) _______________
9. Number of derivative Securities Beneficially Owned at End of Month
(Instr. 4) 0
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) D
11. Nature of Indirect Beneficial Ownership (Inst. 4)
_____________________________________________________________________
<PAGE>
FORM 4 (continued) Page 8 of 9 Pages
1. Title of Derivative Security (Instr. 3): Director Stock Option
(right to buy)
2. Conversion or Exercise Price of Derivative Security: $2.00
3. Transaction Date (Month/Day/Year): 01/03/00
4. Transaction Code (Instr. 8)
Code __A__ V
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) (A) 5,000 (D)
6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
01/03/00 01/02/10
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
Title: Common Stock Amount or Number of Shares: 5,000
8. Price of Derivative Security (Instr. 5) _______________
9. Number of derivative Securities Beneficially Owned at End of Month
(Instr. 4) 2,500
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) D
11. Nature of Indirect Beneficial Ownership (Inst. 4)
_____________________________________________________________________
Explanation of Responses:
(1) One-fourth of the total number of shares shall be exercisable at the
end of one year following the grant date indicated in Column 3, and
an additional 1/48th shall be exercisable at the end of each month
thereafter, so that all of the shares will be exercisable at the end
of four years from the grant date.
<PAGE>
FORM 4 (continued) Page 9 of 9 Pages
/s/ Illingworth, David J. 4/26/00
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C.
78ff(a).
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. SEC 1474 (7-96)
CRK\5402\002\1097489.01 4/27/2000 1:57
