4 1 file001.txt FORM 4 FORM 4 ------------------------------ OMB APPROVAL [ ] Check this box if no longer subject ------------------------------ to Section 16. Form 4 or Form 5 OMB Number: 3235-0287 obligations may continue. See Expires: January 31, 2005 Instruction 1(b). Estimated average burden hours per response.........0.5 ------------------------------ UNITED STATES 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 (Print of Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* Kaplan Thomas S. -------------------------------------------------------------------------------- (Last) (First) (Middle) 154 West 18th Street -------------------------------------------------------------------------------- (Street) New York NY 10011 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol CADENCE RESOURCES CORPORATION (OTC BB: "CDNR") -------------------------------------------------------------------------------- 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Day/Year 10/23/02 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [X] 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 ________________________________________________________________________________
==================================================================================================================================== TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ==================================================================================================================================== 5. Amount of 6. 4. Securities Owner- Securities Acquired (A) or Beneficially ship 2. 2A. 3. Disposed of (D) Owned Form: 7. Trans- Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of action Execution Code ------------------------------- Reported (D) or Indirect 1. Date Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial Title of Security (Month any (Month ------------ or (Instr. 3 & (I) Ownership (Instr. 3) Day/Year) Day/Year) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $0.01 per share 10/23/02 X 723,334 A $0.30 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $0.01 per share 10/23/02 X 180,000 A $0.30 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $0.01 per share 10/23/02 S 117,298 D $1.85 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, par value $0.01 per share 10/23/02 S 29,189 D $1.85 1,810,181 I (1) ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). 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 (Over) SEC 1474 (9-02) FORM 4 (continued)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 9. Number 10. of Owner- deriv- ship ative Form 2. Secur- of Conver- 5. 7. ities Deriv- 11. sion Number of Title and Amount Bene- ative Nature or Derivative 6. of Underlying 8. ficially Secur- of Exer- 3A. 4. Securities Date Securities Price Owned ity: In- cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene- 1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner- Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship Security Secur- (Month (Month ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Day/Year Day/Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Warrants to purchase Common Common Stock $0.30 10/23/02 X 723,334 4/15/02 4/15/07 Stock 723,334 0 I ------------------------------------------------------------------------------------------------------------------------------------ Warrants to purchase Common Common Stock $0.30 10/23/02 X 180,000 4/15/02 4/15/07 Stock 180,000 0 I ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) Pursuant to voting trust agreements, the Reporting Person has voting and dispositive control with respect to 1,329,370 shares of common stock owned by Electrum Capital LLC ("Electrum") and 480,811 shares of common stock owned by Electrum Resources LLC ("Resources"). The Reporting Person disclaims beneficial ownership of the issuer's common stock held by Electrum and Resources, except to the extent of his pecuniary interest therein /s/ Thomas S. Kaplan November 13, 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 is insufficient, see Instruction 6 for procedure. 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