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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(h) of the Investment Company Act of 1940
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print of Type Responses)
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1. Name and Address of Reporting Person*
Pearson Robert C.
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(Last) (First) (Middle)
8080 N. Central Expressway
Suite 210, LB-59
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(Street)
Dallas TX 75206
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Simtek Corporation (SRAM)
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
________________________________________________________________________________
4. Statement for Month/Day/Year
April 16, 2003
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|X| Director |_| 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
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5.
Amount of 6.
4. Securities Owner-
Securities Acquired (A) or Beneficially ship
2A. 3. Disposed of (D) Owned Form: 7.
2. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of
Trans- Execution Code ------------------------------- Reported (D) or Indirect
1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date any ------------ or (Instr. 3 & (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4)
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Common stock 1,000,000 I (1)(5)
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Common stock 1,000,000 I (2)(5)
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Explanation of Responses:
(1) Represents securities owned by Renaissance Capital Growth & Income Fund
III, Inc. ("RENN III").
(2) Represents securities owned by Renaissance US Growth Investment Trust PLC
("RUSGIT").
(3) Represents securities owned by BFS US Special Opportunities Trust PLC
("BFSUS").
(4) Represents securities owned by Renaissance Capital Group, Inc. ("RENN
Group").
(5) Reporting person is an executive officer of RENN Group which serves as
Investment Adviser to RENN III and BFSUS and Investment Manager to RUSGIT
and may therefore be considered beneficial owner of such shares. Reporting
person disclaims such beneficial ownership.
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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.
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- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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$1,000,000
Convertible
7.5% Debenture $0.312 3,205,128 I (1)(5)
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$1,000,000
Convertible
7.5% Debenture $0.312 3,205,128 I (2)(5)
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$1,000,000
Convertible
7.5% Debenture $0.312 3,205,128 I (3)(5)
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Options $0.165 04/15/03 A 5,288 10/15/03 04/15/10 Common 5,288 $0.165 5,288 I (1)(5)
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Options $0.165 04/15/03 A 9,712 10/15/03 04/15/10 Common 9,712 $0.165 9,712 I (1)(4)
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Explanation of Responses:
(1) Represents securities owned by Renaissance Capital Growth & Income Fund
III, Inc. ("RENN III").
(2) Represents securities owned by Renaissance US Growth Investment Trust PLC
("RUSGIT").
(3) Represents securities owned by BFS US Special Opportunities Trust PLC
("BFSUS").
(4) Represents securities owned by Renaissance Capital Group, Inc. ("RENN
Group").
(5) Reporting person is an executive officer of RENN Group which serves as
Investment Adviser to RENN III and BFSUS and Investment Manager to RUSGIT
and may therefore be considered beneficial owner of such shares. Reporting
person disclaims such beneficial ownership.
/S/ Robert C. Pearson 04/21/2003
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**Signature of Reporting Person Date
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).
** 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.
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