|
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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(h) of the Investment Company Act of 1940 |
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response. . . . . 0.5 |
|
1. Name and Address of Reporting Person* Branch, Scott J.
(Last) (First) (Middle) 220 E. Central Parkway
Suite 2060
(Street)
Altamonte Springs, FL 32701
(City) (State) (Zip)
|
2. Date of Event Requiring Statement Month/Day/Year 12/06/2002
3. I.R.S. Identification
Number of Reporting Person, if an entity (voluntary) |
4. Issuer Name andTicker or Trading Symbol International Assets Holding Corporation
IAAC 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable) X Director
10% Owner
X Officer (give title below)
Other (specify below) Description
President
|
6. If Amendment, Date of Original (Month/Day/Year) 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 Beneficially Owned
|
|
1. Title of Security (Instr. 4) |
2. Amount of Securities Beneficially Owned
(Instr.4) |
3. Ownership Form:
Direct (D) or Indirect (I) (Instr. 5) |
4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|
1. Title of Derivative Security
(Instr. 4) |
2. Date Exercisable(DE) and
Expiration Date(ED) (Month/Day/Year) DE / ED
|
3. Title and Amount of
Underlying Securities (Instr. 4) Title / Amount or Number of Shares
|
4. Conver-
sion or Exercise Price of Deri- vative Security |
5. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr.5) |
6. Nature of Indirect Beneficial Ownership (Instr.5) |
| Series A Preferred |
02/24/2003 /
|
Common / 367,647
|
$1.70 |
D
|
|
| Series A Preferred |
02/24/2003 /
|
Common / 367,647
|
$1.70 |
I
|
By Spouse |
| Common Stock Option |
12/06/2003 / 12/06/2012
|
Common / 142,500
|
$2.50 |
D
|
| |
|
Series A Preferred is non-voting and non-convertible. Shareholders will be asked to approve a provision to convert the preferred shares into common shares at the annual meeting in February, 2003. This information is voluntarily reported earlier than required.
Options are granted to employee by issuer. 76,923 options become exercisable on 12/06/2003; the remaining 65,577 options become exercisable on 12/06/2004. |
|
By: /s/ Scott J. Branch 12/11/2002 ** Signature of Reporting Person Date SEC 1473 (07/02) |
|
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 5(b)(v). ** 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. |