5 1 form5.txt FORM 5 -------- FORM 5 -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 [ ] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b) ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Form 3 Holdings Reported Filed pursuant to Section 16(a) of the Securities [ ] Form 4 Transactions Exchange Act of 1934, Section 17(a) of the Public Reported Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Scharf Michael J. -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Maxcor Financial Group Inc. One New York Plaza, 16th Floor -------------------------------------------------------------------------------- (Street) New York NY 10292 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol Maxcor Financial Group Inc. (Common Stock: "MAXF") -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Year 12/01 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] 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 -------------------------------------------------------------------------------- * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). (Print or Type Responses) Page 1
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ---------------------------------------------------------------------------------------------------------------------- 1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or (Instr. 3) (Month/Day/Year) (Instr. 8) Disposed of (D) (Instr. 3, 4 and 5) --------------------------------------- Amount (A) or (D) Price ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- a. ---------------------------------------------------------------------------------------------------------------------- b. ---------------------------------------------------------------------------------------------------------------------- c. ---------------------------------------------------------------------------------------------------------------------- d. ---------------------------------------------------------------------------------------------------------------------- e. ---------------------------------------------------------------------------------------------------------------------- f. ----------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------- 5. Amount of Securities Beneficially 6. Ownership Form: 7. Nature of Indirect Owned at End of Issuer's Fiscal Year Direct (D) or Indirect (I) Beneficial Ownership (Instr. 3 and 4) (Instr. 4) (Instr. 4) ---------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- a. ---------------------------------------------------------------------------------------------------------------------- b. ---------------------------------------------------------------------------------------------------------------------- c. ---------------------------------------------------------------------------------------------------------------------- d. ---------------------------------------------------------------------------------------------------------------------- e. ---------------------------------------------------------------------------------------------------------------------- f. ----------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) Page 2
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 3. Transaction Date 4. Transaction 5. Number of Derivative Securities (Instr. 3) Exercise Price (Month/Day/Year) Code Acquired (A) or Disposed of (D) of Derivative (Instr. 8) (Instr. 3, 4 and 5) Security ---------------------------------- (A) (D) ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- a. Options -- Right to Buy $3.00 7/3/01 A 10,000 ------------------------------------------------------------------------------------------------------------------------------- b. ------------------------------------------------------------------------------------------------------------------------------- c. -------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ 6. Date Exercisable 7. Title and Amount of Underlying 8. Price of 9. Number of 10. Ownership 11. Nature of and Expiration Securities Derivative Derivative Form of Indirect Date (Instr. 3 and 4) Security Securities Derivative Beneficial (Month/Day/Year) (Instr. 5) Beneficially Security: Ownership ---------------------------------------------------------- Owned at Direct (D) (Instr. 4) Date Expiration Title Amount or End of Year or Indirect (I) Exercisable Date Number of (Instr. 4) Shares ------------------------------------------------------------------------------------------------------------------------------------ a. (1) 7/2/11 Common Stock 10,000 10,000 D ------------------------------------------------------------------------------------------------------------------------------------ b. ------------------------------------------------------------------------------------------------------------------------------------ c. ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) The reported transaction involved the grant of a non-qualified stock option on July 3, 2001, providing for vesting in equal 50% increments on each of the six-month and twelve-month anniversaries of the date of grant. /s/ MICHAEL J. SCHARF February 12, 2002 ---------------------------------- ------------------------------- **Signature of Reporting Person Date ** 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. (Print or Type Responses) Page 3