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+--------+ UNITED STATES
| FORM 5 | SECURITIES AND EXCHANGE COMMISSION
+--------+ Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[_] Check box if
no longer subject
to Section 16.
Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
obligations may Exchange Act of 1934, Section 17(a) of the
continue. See Public Utility Holding Company Act of 1935 or
Instruction 1(b). Section 30(f) of the Investment Company Act of 1940
[_] Form 3 Holdings Reported
[_] Form 4 Transactions Reported
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1. Name and Address of Reporting Person*
Palaschuk Derek M.
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(Last) (First) (Middle)
15/F, Bright China Chang An Building, 7 jianguomennei Ave.,
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(Street)
Beijing, China
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol SOHU.COM INC. (SOHU)
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3. I.R.S. Identification Number of Reporting Person, if an entity
(Voluntary)
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4. Statement for Month/Year December 31, 2001
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[_] Director [X] Officer [_] 10% Owner [_] Other
(give title below) (specify below)
7. Individual or Joint/Group Reporting (check applicable line)
X Form Filed by One Reporting Person
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___ 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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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Month/ (Instr. 8) Owned at the Direct Bene-
Day/ end of (D) or ficial
Year) Issuer's Indirect Owner-
(A) or Fiscal Year (I) ship
Amount (D) Price (Instr. 3 and 4) (Instr. 4) (Instr. 4)
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* If the form is filed by more than one reporting person, see instruction
4(b)(v).
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(Continued)
Table II B - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv-
Security (Instr. 3) sion or action tion Code ative Securities
Exercise Date (Instr. 8) Acquired (A) or
Price of (Month/ Disposed of (D)
Deriv- Day/ (Instr. 3, 4, and 5)
ative Year)
Security
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(A) (D)
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Stock option $0.86 3/22/01 A 153,000
(right to buy)
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6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na-
cisable and Underlying Securities of of Deriv- ship Form ture
Expiration (Instr. 3 and 4) Deriv- ative of De- of In-
(Month/Day/ ative Secur- rivative direct
Year) Secur- ities Secu- Bene-
ity Bene- rity: ficially
(Instr. 4) ficially Direct Owner-
-------------------------------------------- Owned (D) or ship
Date Expira- Amount or At End Indi- (Instr. 4)
Exer- tion Title Number of of Year rect (I)
cisable Date Shares
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See note 1 3/21/11 Common 153,000 153,000 D
stock
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Explanation of Responses:
1. Options granted vest over a four-year period. 25% of the options vest on
March 21, 2002. The remaining options vest ratably on a quarterly basis
over the remaining term of the options, beginning one calendar quarter
after March 22, 2002.
/s/ Derek Palaschuk 2/8/02
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Derek Palaschuk Date
**Signature of Reporting Person
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. Sec. 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.
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