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*
Peierls Brian E

(Last) (First) (Middle)
C/P A4S SECURITY, INC
489 N DENVER AVE

(Street)
LOVELAND CO 80537

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
A4S SECURITY, INC. [ APNB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/02/2005
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)
Code V Amount (A) or (D) Price
Common Stock 12/02/2005 J(1) 28,875 A (2) 175,940 D
Common Stock 12/02/2005 J(1) 61,657 A (2) 733,318(3) I By The Peierls Foundation, Inc.
Common Stock 122,461(4) I By U.D. Ethel F. Peierls Chartiable Lead Unitrust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (right to buy) $1.66 (5) 09/30/2007 Common Stock 1,087 1,087 D
Warrant (right to buy) $1.66 (5) 09/30/2007 Common Stock 5,435 5,435(3) I By The Peierls Foundation, Inc.
Warrant (right to Buy) $5.15 (5) 06/23/2007 Common Stock 8,152 8,152(3) I By The Peierls Foundation, Inc.
Warrant (right to buy) $1.66 (5) 09/30/2007 Common Stock 4,076 4,076(4) I By U.D. Ethel F. Peierls Charitable Lead Unitrust
Explanation of Responses:
1. These shares were acquired as part of a distribution of substantially all of the assets of Cambridge Holdings, Ltd. to its shareholders in connection with the plan of liquidation approved by Cambridge's shareholders.
2. The shares were acquired on a pro rata basis at the rate of 0.13185 shares of A4S Security, Inc. per Cambridge common share.
3. Mr. Peierls is Vice President and a Director of The Peierls Foundation, Inc. ("Foundation") and maybe deemed to indirectly own the securities owned by the Foundation, however, he has no pecuniary interest in the securities owned by the Foundation.
4. Me. Peierls is a Co-trustee of the U.D. Ethel F. Peierls Charitable Lead Unitrust (the "Trust") and may be deemed to indirectly own the securities owned by the Trust.
5. The warrants are currently exercisable.
Remarks:
There are no other changes in securities owned by the reporting person.
/s/ Brian E. Peierls 12/05/2005
** 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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