4 1 b314537_form4-hankinson.txt STATEMENT OF CHANGES OF BENEFICIAL OWNERSHIP U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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). 1. Name and Address of Reporting Person* Hankinson Kelly (Last) (First) (Middle) c/o Thinkpath Inc. 55 University Avenue, Suite 505 (Street) Toronto, Ontario Canada M5J 2H7 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Thinkpath Inc. (NASDAQ SCM: THTH) 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for Month/Year October, 2001 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) /X/ Director / / 10% Owner /X/ Officer (give title below) / / Other (specify below) CFO, Treasurer and Secretary 7. Individual or Joint/Group Reporting (Check Applicable Line) /X/ Form filed by One Reporting Person / / Form filed by More than One Reporting Person * If the form is filed by more than one reporting person, see instruction 4(b)(v).
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 5. Amount of Secu- rities 4. Securities Acquired (A) Bene- 6. Ownership 2. Trans- 3. Trans- or Disposed of (D) ficially Form: action action (Instr. 3, 4 and 5) Owned Direct 7. Nature of Date Code ----------------------------- at End (D) or Indirect (Month/ (Instr. 8) (A) of Month Indirect Beneficial 1. Title of Security Day/ ------------- Amount or Price (Instr. (I) Ownership (Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) --------------------------- ---------- ------ ----- ------------ --- ---------- ----------- ------------- --------------- Common Stock 02-07-01 J 50,000 A NA D See Explanation of Response
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 2. Conver- 5. Number of Deriv- 6. Date Exercisable sion or 3. Trans- ative Securities and Expiration Date Exercise action 4. Transac- Acquired (A) or (Month/Day/Year) Price of Date tion Code Disposed of (D) ---------------------- Deriv- (Month/ (Instr. 8) (Instr. 3, 4, and 5) Date 1. Title of Derivative Security ative Day/ ------------- -------------------------- Exercis- Expiration (Instr. 3) Security Year) Code V (A) (D) able Date ---------------------------------------- ----------- ---------- ------ ----- ------------ ------------ ---------- ---------- Options to purchase $3.19 08-19-99 J 08-19-99 08-19-04 Common Stock Options to purchase $3.19 03-22-00 J See 03-22-05 Common Stock Explanation of Response Options to purchase $0.70 12-26-00 J 12-26-00 12-26-05 Common Stock 9. Number of 10. Ownership Derivative Form of Securities Derivative 7. Title and Amount of Underlying Benefi- Security: Securities (Instr. 3 and 4) cially Direct 11. Nature of ---------------------------------------- 8. Price of Owned at (D) or Indirect Amount or Derivative End of Indirect Beneficial 1. Title of Derivative Title Number of Security Month (I) Ownership Security (Instr. 3) Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4) --------------------------- --------------------------- ----------- ------------- ------------- -------------- --------------- Options to purchase Option 25,000 - - - 25,000 D Common Stock Options to purchase Option 3,500 - - - 28,500 D Common Stock Options to purchase Option 100,000 - - - 128,500 D Common Stock
Explanation of Responses: Table I: Ms. Hankinson was issued the 50,000 shares of common stock as a bonus pursuant to her employment agreement with Thinkpath Inc. Table II: The options received on March 22, 2005 become exercisable at the rate of 1,167 per year, commencing one year from the date of issuance. 1,167 are currently exercisable. /s/ Kelly Hankinson 10-16-01 --------------------------------------- -------------------------- Kelly Hankinson Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).