4 1 bh.txt 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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287, Expires: January 31, 2005 1. Name and Address of Reporting Person* HOSTETLER, ROBERT D. 17215 COLONIAL PARK DRIVE MONUMENT, CO 80132 2. Issuer Name and Ticker or Trading Symbol EMCEE Broadcast Products, Inc. "ECIN" 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for Month/Day/Year 12/16/02 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 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 Acquired, Disposed of, or Beneficially Owned 1. Title of Security Common stock 2. Transaction Date (Month/Day/Year) 12/16/02 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code J 4. Securities Acquired (A) or Disposed of (D) Amount: 21,875 (A) or (D): A Price: $0.08 5. Amount of Securities Beneficially Owned Following Reported Transactions(s) 46,118 6. Ownership Form: Direct (D) or Indirect (I) D 7. Nature of Indirect Beneficial Ownership Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security 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 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exerciseable and Expiration Date 7. Title and Amount of Underlying Securities 8. Price of Derivative Security 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Securities: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership Explanation of Responses: Shares acquired during the month represent stock issued in lieu of cash compensation for Director's fees for attendance at a regular Board of Directors meeting held during the month. Price-per-share calculation is based on Nasdaq's Over-the-Counter Bulletin Board's close price for the company's stock on the meeting date. /s/ ROBERT D. HOSTETLER Robert D. Hostetler Signature of Reporting Person Date: December 17, 2002