4 1 wstraub01034.txt FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) STRAUB WALTER W 50 TECHNOLOGY DRIVE IRVINE, CA 92618 2. Issuer Name and Ticker or Trading Symbol RAINBOW TECHNOLOGIES, INC. (RNBO) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Year 01/03 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) CHAIRMAN, PRESIDENT, C.E.O. 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 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 01/09/03 C 5,728 A $5.667000 D Direct Common Stock 01/09/03 C 13,592 A $5.667000 D Direct Common Stock 01/09/03 C 13,476 A $5.667000 918,392 D Direct Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Incentive Stock Option (right $5.667000 01/09/03 C 13,592 02/10/94 02/10/03 to buy) Non-Qualified Stock Option $5.667000 01/09/03 C 13,476 02/10/94 02/10/93 (right to buy) Non-Qualified Stock Option $5.667000 01/09/03 C 5,728 02/10/94 02/10/03 (right to buy) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month ------------------------------------------------------------------------------------------------------------------------------------ Incentive Stock Option (right 01/09/03 Common Stock 13,592 0 D Direct to buy) Non-Qualified Stock Option 01/09/03 Common Stock 13,476 0 D Direct (right to buy) Non-Qualified Stock Option 01/09/03 Common Stock 5,728 0 D Direct (right to buy) Explanation of Responses:
SIGNATURE OF REPORTING PERSON /S/ STRAUB WALTER W DATE 01/13/03