4 1 frm4rls1.txt FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP-MARCH 4, 2003 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 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 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* Saxe Robert L. -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Research Frontiers Incorporated, 240 Crossways Park Drive -------------------------------------------------------------------------------- (Street) Woodbury NY 11797-2033 -------------------------------------------------------------------------------- (City) (State) (Zip) ______________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Research Frontiers Incorporated (REFR) ______________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ______________________________________________________________________________ 4. Statement for Month/Year March 4, 2003 ______________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ______________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) ______________________________________________________________________________ 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 =============================================================================== Nature Trans- Securities Amount of Owner- of Trans- action Acquired(A) or Securities ship Bene- Title of action Code Disposed of (D) Beneficially Form ficial Security Date ------ ------ --------- Owned at Direct(D)or owner- ------------ -------- Code V Amount AorD Price End of Month Indirect(I) ship --- -- ------ ---- ----- ------------ ---------- ------- Common Stock 3/04/03 P 500 A $6.16 328,753 D -------------------------------------------------------------------------------- Common Stock 69,838 I As trustee u/w L.Saxe -------------------------------------------------------------------------------- Common Stock 2,687 I By wife -------------------------------------------------------------------------------- Common Stock 11,250 I As trustee -------------------------------------------------------------------------------- ================================================================================ * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Response) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================ [NO TABLE II INFORMATION TO REPORT] Explanation of Responses: /s/ Robert L. Saxe March 4, 2003 ---------------------------------------------- ----------------------- Robert L. Saxe Date **Signature of Reporting Person ** 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 procedure. Page 2