U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Check this box if no longer subject
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
to Section 16. Form 4 or 5 obligations
may continue. See Instruction 1(b).
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
1. Name and Address of Reporting Person * YELVERTON WILLIAM F | 2. Issuer Name and Ticker or Trading Symbol BAIRNCO CORPORATION BZ | 6. Relationship of Reporting Person to Issuer (Check all applicable) X Director
10% Owner Officer
Other (specify below) CHAIRMAN / CEO 7. Individual or Joint/Group Filing _X_ Form filed by one Reporting Person __ Form filed by more than one Reporting Person | ||||||||
(Last) (First) (Middle) 4439 NORTH 33RD STREET | 3. IRS or Social Security Number of Reporting Person (Voluntary) 224-54-4408 | 4. Statement for Month/Year | ||||||||
(Street) ARLINGTON, VA 22207 __________________________________________________ (City) (State) (Zip) | 5. If Amendment, Date of Original (Month/Year) | |||||||||
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
1. Title of Security (Instr. 3) | 2. Trans-action Date (Month/ Day/ Year) | 2A. Deemed Execution Date, if any (Month/ Day/ Year) | 3. Transac-tion Code (Instr. 8) | 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) | 5. Amount of Securities Beneficially Owned following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 24,900 | D | ||||||||
* If the Form if filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses) (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)
1. Title of Derivative Security (In str. 3) | 2. Conver-sion or Exercise Price of Deriva-tive Security | 3. Trans-action Date (Month/Day /Year) | 3A. Deemed Execu-tion Date, if any (Month/Day/ Year) | 4. Trans-action Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) | 6. Date Exercisable and Expiration Date (Month/ Day/Year) | 7. Title and Amount of Underlying Securities (Instr. 3 and 4) | 8. Price of Deriv- ative Security (Instr. 5) | 9. Number of Deriv-ative Secur-ities Bene-ficially Owned Follow-ing Reported Trans-action(s) (Instr. 4) | 10. Ownership Form of Derivative security: Direct (D) or Indirect (l) (Instr.4) | 11. Nature of Indirect Beneficial Owner ship (Instr. 4) | ||||
Date Exer-cisable | Expira-tion Date | Title | Amount or Number of Shares | ||||||||||||
Code | V | (A) | (D) | ||||||||||||
| |||||||||||||||
Purchase Option | $5.10 | 4-24-03 | A | 333 | 04-24-04 | 04-24-14 | C/S | 333 | $5.10 | ||||||
Purchase Option | $5.10 | 4-24-03 | A | 333 | 04-24-05 | 04-24-15 | C/S | 333 | $5.10 | ||||||
Purchase Option | $5.10 | 4-24-03 | A | 334 | 04-24-06 | 04-24-16 | C/S | 334 | $5.10 | ||||||
Total | 15,333 | D | |||||||||||||
Explanation of Responses:
/s/ William F. Yelverton 4/25/2003
**
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
**Signature of Reporting Person
Date
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.
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.
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