3 1 0001.txt FORM 3 - AUGUST 3, 2000 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 1. Name and Address of Reporting Person Ryan, Christopher J. c/o Worlds.com, Inc. 15 Union Wharf Boston, MA 02109 USA 2. Date of Event Requiring Statement (Month/Day/Year) August 3, 2000 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Issuer Name and Ticker or Trading Symbol Worlds.com, Inc. WDDD 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 and Principal Accounting 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 | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect | | Securities | Form: | Beneficial Ownership | | Beneficially | Direct(D) or | | | Owned | Indirect(I) | | ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect | Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership | | Expiration | Securities | |exercise |Form of | | | Date(Month/ |-----------------------|---------|price of |Deriv- | | | Day/Year) | |Amount |deri- |ative | | | Date | Expira- | |or |vative |Security: | | | Exer- | tion | Title |Number of|Security |Direct(D) or | | | cisable | Date | |Shares | |Indirect(I) | | ___________________________________________________________________________________________________________________________________| Option (Right to Buy) |(1) |1/1/2005 |Common Stock |65,000 |$4.00 |D | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |(1) |1/1/2005 |Common Stock |25,000 |$6.00 |D | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |(1) |1/1/2005 |Common Stock |10,000 |$9.00 |D | | -----------------------------------------------------------------------------------------------------------------------------------| Option (Right to Buy) |(2) |7/19/2005|Common Stock |50,000 |$2.00 |D | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) One-third of the total option grant vests on each of January 1, 2001, 2002 and 2003. (2) One-third of the total option grant vests on each of July 19, 2001, 2002 and 2003. (*) Mr. Ryan was made Chief Financial Officer and Principal Accounting Officer in August 2000 thus necessitating this filing. SIGNATURE OF REPORTING PERSON /s/ Christopher J. Ryan DATE August 8, 2000