U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Commonwealth Associates L.P.
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(Last) (First) (Middle)
830 Third Avenue
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(Street)
New York, New York 10022
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
The Rattlesnake Holding Company, Inc. (RTTL)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
13-3467952
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4. Statement for Month/Year
September 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 |X| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
|_| Form filed by one Reporting Person
|X| Form filed by more than one Reporting Person
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
<PAGE>
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ---------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 9/14/99 S 33,000 D $.23
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Common Stock 9/15/99 S 6,000 D $.21
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Common Stock 9/20/99 S 22,333 D $.163
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Common Stock 9/21/99 S 19,999 D $.15
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Common Stock 9/30/99 S 12,001 D $.16 773,334 I (1)
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333,333 I (2)
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3,718,658 D (3)
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 5
<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>
9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of 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) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) All of the shares of Common Stock reported as being sold on this Form 4 were
sales of shares owned directly by Basil Asciutto ("Asciutto"), a shareholder and
director of Commonwealth Associates Management Corp. ("CAMC"), the general
partner of Commonwealth Associates L.P. ("Commonwealth"). The remaining 813,334
shares of Common Stock are owned directly by one or more of the following
individuals, all of whom are directors and shareholders of CAMC: Asciutto,
Robert Priddy ("Priddy") and Keith Rosenbloom ("Rosenbloom").
(2) These shares are owned directly by Michael S. Falk ("Falk"), the Chairman,
CEO and principal shareholder of CAMC.
(3) Each of Asciutto, Priddy, Rosenbloom, Robert Beuret (a director and
shareholder of CAMC) and Falk disclaim beneficial ownership of the shares held
by Commonwealth other than that portion which corresponds with each of their
equity ownership in CAMC.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
By: Commonwealth Associates Management Corp.
/s/ Joseph Wynne 6/15/00
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** Signature of Reporting Person Date
By: Joseph Wynne, Chief Financial Officer
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
Page 2 of 5
<PAGE>
JOINT FILER INFORMATION
Name: Commonwealth Associates L.P.
830 Third Avenue
New York, New York 10022
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement Month/Year: September 1999
Signature: By: Commonwealth Associates Management Corp.,
its General Partner
By: /s/ Joseph Wynne
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Joseph Wynne, Chief Financial Officer
Name: Commonwealth Associates Management Corp.
830 Third Avenue
New York, New York 10022
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement Month/Year: September 1999
Signature: By: /s/ Joseph Wynne
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Joseph Wynne, Chief Financial Officer
Name: Michael S. Falk
830 Third Avenue
New York, New York 10022
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement Month/Year: September 1999
Signature: /s/ Michael S. Falk
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Michael S. Falk
Page 3 of 5
<PAGE>
Name: Keith Rosenbloom
830 Third Avenue
New York, New York 10022
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement for Month/Year: September 1999
Signature: /s/ Keith Rosenbloom
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Keith Rosenbloom
Name: Basil Asciutto
830 Third Avenue
New York, New York 10022
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement for Month/Year: September 1999
Signature: /s/ Basil Asciutto
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Basil Asciutto
Name: Robert Beuret
830 Third Avenue
New York, New York 10022
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement for Month/Year: September 1999
Signature:
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Robert Beuret
Page 4 of 5
<PAGE>
Name: Robert Priddy
RMC Capital
1640 Powers Ferry, Suite 125
Marietta, Georgia 30067
Designated Filer: Commonwealth Associates L.P.
Issuer & Ticker Symbol: The Rattlesnake Holding Company, Inc. (RTTL)
Statement Month/Year: September 1999
Signature: /s/ Robert Priddy
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Robert Priddy
Page 5 of 5
