SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES 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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Coriaty David

(Last)

(First)

(Middle)

2385 NW EXECUTIVE CENTER DRIVE

SUITE 100

(Street)

BOCA RATON

33431

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Hawk Systems, Inc. [ HWSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2009

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/08/2010		C		5,787,334	A	⁽²⁾	5,787,334	D
Common Stock	04/08/2010		C		200,000	A	⁽²⁾	200,000	I	By Wife
Common Stock	05/25/2010		G	V	10,000	D	$0	5,777,334	D
Common Stock	05/25/2010		G	V	30,000	D	$0	5,747,334	D
Common Stock	05/25/2010		G	V	25,000	D	$0	5,722,334	D
Common Stock	05/25/2010		G	V	214,285	D	$0	5,508,049	D
Common Stock	05/25/2010		G	V	2,000,000	D	$0	3,508,049	D
Common Stock	05/25/2010		G	V	120,000	D	$0	3,388,049	D
Common Stock	06/15/2010		S		2,750,000	D	$0.135	638,049	D
Common Stock	07/08/2010		A		8,843,427	A	⁽⁴⁾	9,481,476	D

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)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series B Preferred Stock	⁽¹⁾	03/16/2009		S			220	⁽¹⁾	⁽¹⁾	Common Stock	22,000	$50	66,670	D
Series B Preferred Stock	⁽¹⁾	09/08/2009		S			1,500	⁽¹⁾	⁽¹⁾	Common Stock	150,000	$100	65,170	D
Series B Preferred Stock	⁽¹⁾	09/08/2009		S			500	⁽¹⁾	⁽¹⁾	Common Stock	50,000	$100	64,670	D
Series B Preferred Stock	⁽¹⁾	09/08/2009		S			400	⁽¹⁾	⁽¹⁾	Common Stock	40,000	$100	64,270	D
Series B Preferred Stock	⁽¹⁾	09/08/2009		S			500	⁽¹⁾	⁽¹⁾	Common Stock	50,000	$100	63,770	D
Series B Preferred Stock	⁽¹⁾	09/08/2009		S			750	⁽¹⁾	⁽¹⁾	Common Stock	75,000	$100	63,020	D
Series B Preferred Stock	⁽¹⁾	09/08/2009		S			200	⁽¹⁾	⁽¹⁾	Common Stock	20,000	$100	62,820	D
Series B Preferred Stock	⁽¹⁾	11/14/2009		S			240	⁽¹⁾	⁽¹⁾	Common Stock	24,000	$50	62,580	D
Series B Preferred Stock	⁽¹⁾	12/17/2009		S			1,666.66	⁽¹⁾	⁽¹⁾	Common Stock	166,666	$30	60,913.34	D
Series B Preferred Stock	⁽¹⁾	03/10/2010		S			800	⁽¹⁾	⁽¹⁾	Common Stock	80,000	$50	60,113.34	D
Series B Preferred Stock	⁽¹⁾	04/06/2010		S⁽³⁾			2,240	⁽¹⁾	⁽¹⁾	Common Stock	224,000	⁽³⁾	57,873.34	D
Series B Preferred Stock	⁽¹⁾	04/08/2010		C			57,873.34	⁽¹⁾	⁽¹⁾	Common Stock	5,787,334	$0	0	D
Series B Preferred Stock	⁽¹⁾	04/08/2010		C			2,000	⁽¹⁾	⁽¹⁾	Common Stock	200,000	$0	0	I	By Wife

Explanation of Responses:

1. Each share of Series B Preferred Stock is convertible at any time into 100 shares of the Issuer's common stock, par value $.01 per share ("Common Stock") and has no expiration date.

2. The Series B Preferred Stock automatically converted into the Issuer?s Common Stock on a 100-for-1 basis on the date immediately after the Issuer effected a 1-for-6 reverse split of its Common Stock.

3. The Shares of the Issuer's Series B Preferred Stock were transferred to the Issuer for cancellation by the Reporting Person for no consideration.

4. The shares of Common Stock were issued to the Reporting Person in lieu of compensation in the aggregate amount of approximately $439,900 owed to him under his employment agreement through May 31, 2010, as well as for the conversion of outstanding promissory notes and other debt obligations owed to him by the Issuer in the aggregate amount of $446,176, including accrued interest.

	/s/ David Coriaty	07/09/2010
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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