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
Kirincic, Anthony J.
c/o Kirlin Holding Corp.
6901 Jericho Turnpike
Syosset, NY 11791
USA
2. Issuer Name and Ticker or Trading Symbol
Kirlin Holding Corp.
KILN
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
January 15, 1999
5. If Amendment, Date of Original (Month/Year)
January 27, 1999
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President and Chief Financial Officer
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 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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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 Option (Right to|3.875 |1/11/|A |V|66,000 |A |(1) |1/10/|Common Stock|66,000 |$3.875 |66,000 |D |-- |
Buy) | |99 | | | | | |09 | | | | | | |
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Explanation of Responses:
(1) Stock options granted by Issuer become exercisable as to 22,000 shares on
1/1/00, as to 22,000 shares on 1/1/01 and as to 22,000 shares on
1/1/02.
See confirming statement authorizing Barry Shapiro to file reports under
Section 16(a)
SIGNATURE OF REPORTING PERSON
/s/ Barry Shapiro on behalf of Anthony J. Kirincic
DATE
March 9, 1999