4 1 f4kyu.txt K. HWANG FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 1. Name and Address of Reporting Person: Kyu Hong Hwang, 2691 Richter Avenue, #124, Irvine, CA 92606 2. Issuer Name and Ticker or Trading Symbol: Lexon Technologies, Inc. "LEXO" 3. IRS or Social Security Number of Reporting Person (Voluntary): 4. Statement for (Month/Day/Year): 1/06/03 5. If Amendment, Date of Original (Month/Day/Year): 6. Relationship of Reporting Person(s) to Issuer (Check all Applicable) (X) Director ( ) Officer, give title below (X) 10% Owner ( ) Other Title: 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 1. Title of Security: Common Stock 2. Transaction Date (Month/Day/Year): 1/06/03 3. Transaction Code: P 4. Securities Acquired (A) or Disposed of (D): 280,000 shares (A) at $0.25 per share 5. Amount of Securities Beneficially Owned Following Reported Transaction(s): 2,560,000 shares 6. Ownership Form: Direct(D)or Indirect(I): (D) 7. Nature of Indirect Beneficial Ownership: n/a TABLE II DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED 1. Title of Derivative Security: n/a 2. Conversion or Exercise Price of Derivative Security: n/a 3. Transaction Date (Month/Day/Year): n/a 4. Transaction Code: n/a 5. Number of Derivative Securities Acquired (A) or Disposed of (D): n/a 6. Date Exercisable and Expiration Date (Month/Day/Year): n/a 7. Title and Amount of Underlying Securities: n/a 8. Price of Derivative Security: n/a 9. Number of Derivative Securities Beneficially Owned at End of Month: n/a 10. Ownership Form of Derivative Security, Direct (D) or Indirect (I): n/a 11. Nature of Indirect Beneficial Ownership: n/a Explanation of Responses: Mr. Hwang purchased shares in a private placement directly from the company. Signature of Reporting Person: /S/ Kyu Hong Hwang Date: 1/06/03