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OMB APPROVAL
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OMB Number 3235-0362
Expires: April 6, 1997
Estimated average burden
per response 1.0
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
ANNUAL 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
[X] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person
Ritchey John R.
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(Last) (First) (Middle)
11807 Middlebury Drive
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(Street)
Tampa FL 33626
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Shells Seafood Restaurants, Inc. "SHLL"
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3. IRS or Social Security Number of Reporting Person, (Voluntary)
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4. Statement for Month/Year
November, 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
FORMER VICE PRESIDENT OF DEVELOPMENT
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
4.Securities Acquired (A) or 5. Amount of 6. Ownership
Disposed of (D) Securities Form:
3. Transaction (Instr. 3, 4 and 5) Beneficially Direct 7. Nature of
Code ---------------------------- Owned at End (D) or Indirect
2. Transaction (Instr. 8) (A) of Issuer's Indirect Beneficial
1. Title of Security Date ----------- Amount or Price Fiscal Year (I) Ownership
(Instr. 3 (Instr.4) (Instr. 4)
(Instr. 3) (mm/dd/yy) (D) and 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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COMMON STOCK, $0.01
PAR VALUE 26,000 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
(SEC 2270)
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (MM/DD/YY) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (MM/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- DD/YY) ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Code V (A) (D) cisable Date Title Shares 3) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
OPTIONS TO
PURCHASE COMMON STOCK
COMMON STOCK, $.01 PAR VALUE
$.01 PAR VALUE $ 5.00 (1) 12/31/01 4,000 (D)
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OPTIONS TO
PURCHASE COMMON STOCK
COMMON STOCK, $.01 PAR VALUE
$.01 PAR VALUE $ 5.00 4/29/96 A V 31,992 (1) 4/29/06 31,992 (D)
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OPTIONS TO
PURCHASE COMMON STOCK
COMMON STOCK, $.01 PAR VALUE
$.01 PAR VALUE $ 5.13 1/11/99 A V 5,000 (2) 1/11/09 5,000 (D)
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</TABLE>
Explanation of Responses:
(1) - THESE OPTIONS ARE PRESENTLY EXERCISABLE.
(2) - THESE OPTIONS ARE EXERCISABLE AS TO 1,667 ON EACH OF JANUARY 11, 2000
AND WERE TO BE EXERCISABLE AS TO 1,667 ON JANUARY 11, 2001 AND 1,666 ON
JANUARY 11, 2002
/s/ JOHN R. RITCHEY 12/8/99
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**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 provided is insufficient, see Instruction 6 for procedure.
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