3 1 pilotte.txt INITIAL STATEMENT OF BENEFICIAL OWNERSHIP BY DAVID N. PILOTTE OMB APPROVAL ----------------------------- OMB Number 3235-0104 Expires: December 31, 2001 Estimated average burden hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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 ====================================================================== 1. Name and Address of Reporting Person Pilotte David N. ---------------------------------------------------------------------- (Last) (First) (Middle) 6611 Hillcrest Avenue, #223 ---------------------------------------------------------------------- (Street) Dallas Texas 75205 ---------------------------------------------------------------------- (City) (State) (Zip) ====================================================================== 2. Date of Event Requiring Statement (Month/Day/Year) 08/06/2001 ====================================================================== 3. IRS Identification Number of Reporting Person, if an entity (voluntary) ====================================================================== 4. Issuer Name and Ticker or Trading Symbol Edge Technology Group, Inc. (EDGE.OB) ====================================================================== 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [ X ] Officer (give title below) [ ] Other (specify below) Chief Financial Officer ---------------------------------------------- ===================================================================== 6. If Amendment, Date of Original (Month/Day/Year) ===================================================================== 7. 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 Beneficially Owned ================================================================================================================================= 2. 3. 1. Amount of Securities Ownership Form Title of Security Beneficially Owned Direct (D) or 4. (Instr. 4) (Instr. 4) Indirect (I) Nature of Indirect Beneficial Ownership --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================= 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 5(b)(v).
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ==================================================================================================================================== 3. Title and Amount 2. of Securities Date Exercisable and Underlying 5. Expiration Date Derivative Security 4. Ownership (Month/Day/Year) (Instr. 4) Conversion Form of 6. 1. -------------------- ------------------- or Exercise Derivative Nature Title of Date Expira- Amount or Price of Security: of Indirect Derivative Security Exer- tion Number of Derivative Direct (D) Beneficial (Instr. 4) cisable Date Title Shares Security or Indirect (I) Ownership --------------------------------------------------------------------------------------------------------------------------------- Stock Options (right Common to purchase) (1) 07/23/2010 Stock 300,000 $1.50 D --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- =================================================================================================================================
Explanation of Responses: (1) The options vest 25% on September 1, 2001, then 9.375% on the first day of each quarter thereafter until fully vested. /s/ DAVID N. PILOTTE 08/07/2001 ----------------------------------------- ------------------ **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 procedures.