U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person
SAKER STEPHEN A.
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(Last) (First) (Middle)
250 PARK AVENUE SOUTH/ SUITE 200
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(Street)
WINTER PARK FL 32789
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL ASSETS HOLDING CORPORATION
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
FEBRUARY, 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ X ] Officer (give title below) [ ] Other (specify below)
SECRETARY
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X ] Form filed by One Reporting Person
[ ] Form filed by More Than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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STOCK OPTION $1.500 2/16/99 J 20,000 11/2/99 11/2/08 COMMON 20,000 20,000 D*
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STOCK OPTION 1/23/95 1/23/03 COMMON 30,000 50,000 D**
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STOCK OPTION 12/28/96 12/28/05 COMMON 35,000 85,000 D***
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Explanation of Responses: *Options were granted 11/2/98 pursuant to shareholder
approval which was given on 2/16/99. 4,000 become exercisable on 11/2/99; 4,000
become exercisable on 11/2/00; 4,000 become exercisable on 11/2/01; 4,000
become exercisable on 11/2/02; and 4,000 become exercisable on 11/2/03.
**40,000 options were exercisable as of 1/23/98.
***7,000 options became exercisable on 12/28/96; 7,000 became exercisable on
12/28/97; 7,000 became exerciable on 12/28/98; 7,000 become exercisable as of
12/28/99; and 7,000 become exercisable as of 12/18/00.
/S/ STEPHEN A. SAKER 3/10/99
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**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 procedures.
