5 1 0001.txt FORM 5
--------------------------------------- FORM 5 --------------------------------------- -------------------------------- OMB APPROVAL -------------------------------- [ ] CHECK THIS BOX IF NO LONGER OMB Number: 3235-0362 SUBJECT TO SECTION 16. FORM 4 OR FORM Expires: October 31, 2001 5 OBLIGATIONS MAY CONTINUE. SEE Estimated average burden INSTRUCTION 1(b). hours per response ........ 1.0 [ ] FORM 3 HOLDINGS REPORTED [X] FORM 4 TRANSACTIONS REPORTED U.S. SECURITIES AND EXCHANGE COMMISSION (Print or Type Responses) WASHINGTON, D.C. 20549 ANNUAL 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 ------------------------------------------------------------------------------------------------------------------------------------ 1.Name and Address of Reporting Person*(1) 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer Garcia, Angel Latin American Casinos, Inc., "LACI" (Check all applicable) -------------------------------------------------------------------------------------------- (Last) (First) (Middle) 3. IRS or Social 4. Statement for Month/Year [ ] Director [ ] 10% Owner Security Number [ ] Officer [X] Other of Reporting 2000 (give title (specify 2000 NE 164th Street Person below) below) --------------------------------------- (Voluntary) (Street) President, Latin American Casino Del Peru, S.A. ------------------------------------------------------------------------------------------------------------------------------------ North Miami Beach, Florida 33162 5. If Amendment, 7. Individual or Joint/Group Filing --------------------------------------- Date of Original (Check Applicable Line) (City) (State) (Zip) (Month/Year) [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. Ownership Form: 7. Nature of (Instr.3) action action Code or Disposed of (D) Securities Direct (D) or Indirect Date (Instr. 8) (Instr. 3,4 and 5) Beneficially Indirect (I) Beneficial Owned at End of (Instr. 4) Ownership (Month/ Issuer's (Instr. 4) Day/Year)------------------------------------------------- Fiscal Year Code V Amount (A) or (D) Price (Instr. 3 and 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ (OVER) *If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 2270(3/99) POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. Page 1 of 2
FORM 5 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (E.G., puts, calls, warrants, options, convertible securities) --------------------------------------------------------------------------------- 1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of Derivative or Exercise Date Code Derivative Security Price of (Month/Day/Year) (Instr. 8) Securities (Instr. 3) Derivative Acquired (A) Security or Disposed of (D) (Instr. 3, 4 and 5) ---------------- (A) (D) --------------------------------------------------------------------------------- Option $1.75 10/3/2000 A4 10,000 --------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- 6. Date 7. Title and Amount 8. Price of 9. Number of 10. Ownership 11. Nature of Exercisable of Underlying Derivative Derivative Form of Indirect and Expiration Securities Security Securities Derivative Beneficial Date (Instr. 3 and 4) (Instr. 5) Beneficially Security: Ownership (Month/Day/Year) Owned at Direct (D) or (Instr. 4) End of Indirect (I) Year (Instr. 4) (Instr. 4) ------------------------------------------ Amount Date Expir- or Exer- ation Number cisable Date Title of Shares ----------------------------------------------------------------------------------------------------------- Common (See explana- 10/3/2000 10/2/2010 Stock 10,000 tion below) 75,000 D -----------------------------------------------------------------------------------------------------------
Explanation of Responses: Options issued by Latin American Casinos, Inc. to the Reporting Person in connection with employment. ** 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. By: Angel Garcia /s/ ANGEL GARCIA February 14, 2001 -------------------------------- ----------------- **Signature of Reporting Person Date Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Page 2 of 2 SEC 2270 (7-97)