4 1 0001.txt FORM 4 FORM 4 U. S. 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(f) of the Investment Company Act of 1940. |x| Check this box if no longer OMB APPROVAL subject to Section 16. Form 4 OMB Number 3235-0287 or Form 5 obligations may Expires: February 1, 1994 continue. See Instruction 1(b). Estimated average burden hours per response.....0.5
------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Young J. William Advanced Machine Vision Corporation (AMVC) Issuer (Check all applicable) ------------------------------------ ---------------------------------------- (Last) (Middle) (First) 3. IRS or Social Security Number of |x| Director |_| 10% Owner 3709 Citation Way #102 Reporting Person (Voluntary) |x| Officer |_| Other ------------------------------------ (give title (specify (Street) 4. Statement for Month/Year below) below) Medford Oregon 97504 July 2000 ------------------------------------ ---------------------------------------- President and Chief Exec. Officer (City) (State) (Zip) 5. If Amendment, Date of Original (Month/Year) ------------------------------------------------------------------------------------------------------------------------------------ Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security | 2. Transaction Date | 3. Transaction | 4. Securities Acquired |5. Amount of |6. Ownership |7. Nature (Instr. 3) | (Month/Day/Year) | Code | (A) or Disposed of(D)| Securities | Form: Direct | Indirect | | (Instr. 8) | (Instr. 3, 4 and 5) | Beneficially| (D) or | Beneficial | | | | Owned at | Indirect (I) | Ownership | | | | End of Month| (Instr. 4) | (Instr. 4) | | | | (Instr. 3&4)| | | |----------------|-------------------------| | | | | Code | V | Amount | (A) or | Price | | | | | | | | or | | | | | | | | | (D) | | | | ---------------------|---------------------|--------|-------|--------|--------|-------|--------------|----------------|------------- Class A Common Stock | 07/12/00 | J (1) | |408,600 | D | $2.10 | 0 | | ---------------------|---------------------|--------|-------|--------|--------|-------|--------------|----------------|------------- Class A Common Stock | 07/12/00 | J (1,2)| |261,804 | D | $2.10 | 0 | | ---------------------|---------------------|--------|-------|--------|--------|-------|--------------|----------------|------------- | | | | | | | | | ---------------------|---------------------|--------|-------|--------|--------|-------|--------------|----------------|------------- | | | | | | | | | ---------------------|---------------------|--------|-------|--------|--------|-------|--------------|----------------|------------- | | | | | | | | | ---------------------|---------------------|--------|-------|--------|--------|-------|--------------|----------------|------------- Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or type responses) (OVER) SEC 1474 (8/92)
FORM 4 (continued)
------------------------------------------------------------------------------------------------------------------------------------ Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of |2. Conver- |3. Trans- |4. Trans- |5. Number |6. Date |7. Title |8. Price |9. Number |10. Owner- |11. Nature Derivative| sion or | action | action | of | Exercis- | and | of | of | ship | of Security | Exercise | Date | Code | Deriva- | able and | Amount | Deriva-| Deriva-| Form | Indirect | Price of | (Month/ | | tive | Expira- | of | tive | tive | of | Beneficial | Deriva- | Day/ | | Securi- | tion | Under- | Securi-| Securi-| Deriva-| Ownership | tive | Year) | | ties | Date | lying | ty | ties | tive | | Security | | | Acquired| (Month/ | Securi-| | Benefi-| Secur- | | | | | (A) or | Day/ | ties | | cially | ity | | | | | Disposed| Year) | | | Owned | Direct | | | | | (D) of | | | | at End | (D) or | | | | | | | | | of | In- | | | | | | | | | Month | direct | | | | | | | | | | (I) | | | | | | | | | | | | | | (Instr. | (Instr. 3,| | (Instr. | (Instr. | (Instr. | (Instr. | (Instr. (Instr. 3) | | | 8) | 4 and 5) | | 3 & 4) | 5) | 4) | 4) | 4) -------------|------------|-----------|-----------|-----------|------------|----------|----------|----------|-----------|----------- | | |Code | V |(A) | (D)|Date|Expira-|Title|Amount| | | | | | | | | | |Exer| tion | |or | | | | | | | | | | |cis-| Date | |Number| | | | | | | | | | | | | |Shares| | | | -------------|------------|-----------|-----|-----|-----|-----|----|-------|-----|------|--------|----------|-----------|----------- Options (2) | $1.00 | 07/12/00 | J | | | 500,|2/5/| 2/5/ |Class| 500, | $1.00 | | | | | | | | | 000 |1995| 2005 |A | 000 | | | | | | | | | | | | |Common | | | | | | | | | | | | |Stock| | | | | -------------|------------|-----------|-----|-----|-----|-----|----|-------|-----|------|--------|----------|-----------|----------- | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | -------------|------------|-----------|-----|-----|-----|-----|----|-------|-----|------|--------|----------|-----------|----------- | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | -------------|------------|-----------|-----|-----|-----|-----|----|-------|-----|------|--------|----------|-----------|----------- Explanation of Responses: (1) On July 12, 2000, AMVC was merged with Key Technology, Inc. (KTEC). As a result, Reporting Person's Class A Common Stock and stock options were exchanged into a combination of cash and KTEC securities. The Reporting Person ceased to be a Reporting Person upon the merger. (2) In the merger transaction, Reporting Person's options were exercised into 130,952 net AMVC shares, which were then exchanged for the KTEC consideration described in (1) above. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U. S. C. 1001 and 15 U.S.C. 78ff (a). /s/ William J. Young 07/12/00 ________________________________ _____________ ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially (Page 2) owned directly or indirectly. (Print or type responses) SEC 1474 (8/92)