SEC Info - Wiens Thomas J/New - ‘4’ for 4/7/98 re: Recycling Industries Inc.

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Wiens Thomas J/New – ‘4’ for 4/7/98 re: Recycling Industries Inc.

As of: Friday, 5/1/98 · For: 4/7/98 · Accession #: 1047469-98-17697 · File #: 0-20179

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/01/98  Weins Thomas J                    4          Director    1:13K  Recycling Industries Inc.         Toppan Merrill-FA

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of        4±    23K 
                Securities by an Insider                                         

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--------                                  UNITED STATES SECURITIES AND EXCHANGE COMMISSION             -----------------------------
 FORM 4                                                WASHINGTON, D.C. 20549                                   OMB APPROVAL        
--------                                                                                               -----------------------------
/ / CHECK THIS BOX IF NO                    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP                OMB NUMBER:       3235-0287 
    LONGER SUBJECT TO                                                                                   EXPIRES: SEPTEMBER 30, 1998 
    SECTION 16.  FORM 4 OR    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,   ESTIMATED AVERAGE BURDEN    
    FORM 5 OBLIGATIONS MAY       Section 17(a) of the Public Utility Holding Company Act of 1935 or     HOURS PER RESPONSE .... 0.5 
    CONTINUE.  SEE                       Section 30(f) of the Investment Company Act of 1940           -----------------------------
    INSTRUCTION 1(b).                                                                                                               
(Print or Type Responses)                                                                                                           
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1. Name and Address of Reporting Person*     2. Issuer Name AND Ticker or Trading Symbol     6. Relationship of Reporting Person(s) 
                                             Recycling Industries, Inc.                          to Issuer (Check all applicable)   
Wiens, Thomas J.                             ("RECY")                                           X   Director         X   10% Owner  
                                                                                               ----                 ----            
---------------------------------------------------------------------------------------------   X   Officer (give        Other      
    (Last)        (First)        (Middle)    3. IRS or Social Security  4. Statement for       ----          title  ---- (specify   
                                                Number of Reporting        Month/Year                        below)       below     
9780 South Meridian Blvd.                       Person (Voluntary)                                     Chief Executive Officer      
Suite 180                                                                April 1998                   ---------------------------   
--------------------------------------------                            --------------------- 7. Individual or Joint/Group Filing   
                  (Street)                                              5. If Amendment,          (Check Applicable Line)           
                                                                           Date of Original    x Form filed by One Reportng Person  
Englewood         CO             80112               505-64-7145          (Month/Year)       ---                                    
                                                                                              ---Form filed by More than One        
                                                                                                 Reporting Person                   
------------------------------------------------------------------------------------------------------------------------------------
    (City)       (State)            (Zip)        TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED   
------------------------------------------------------------------------------------------------------------------------------------
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   
                                                  (Instr. 8)                                  Owned at         Direct      Bene-    
                                     (Month/                                                  End of           (D) or      ficial   
                                      Day/     -------------------------------------------    Month            Indirect    Owner-   
                                      Year)                               (A) or                               (I)         ship     
                                                Code    V       Amount    (D)     Price       (Instr. 3        (Instr. 4) (Instr. 4)
                                                                                              and 4)                                
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.001 par value         4/07/98    M              300,000        A   $2.87                                            
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Common Stock, $.001 par value         4/07/98    M            1,206,667        A   $1.25                                            
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Common Stock, $.001 par value         4/07/98    M              603,333        A   $1.25       4,165,025           D                
------------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.001 par value                                                                    227,414           I          (1)   
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Common Stock, $.001 par value                                                                      1,664           I          (2)   
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over)
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).                                   SEC 1474 (7-97)

                              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 CONTROL NUMBER.                                                        


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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)                                   

------------------------------------------------------------------------------------------------------------------------            
1. Title of Derivative Security     2. Conver-   3. Trans-   4. Transac-   5. Number of Deriv-      6. Date Exer-                   
   (Instr. 3)                          sion or      action      tion Code     ative Securities Ac-     cisable and Ex-              
                                       Exercise     Date        (Instr. 8)    quired (A) or Dis-       piration Date                
                                       Price of    (Month/                    posed of (D)             (Month/Day/                  
                                       Deriv-       Day/                      (Instr. 3, 4, and 5)     Year)                        
                                       ative        Year)                                                                           
                                       Security                                                                                     

                                                                                                    --------------------            

                                                                                                     Date      Expira-              
                                                             --------------------------------------  Exer-     tion                 
                                                                                                     cisable   Date                 
                                                              Code    V        (A)        (D)                                       
                                                                                                                                    
------------------------------------------------------------------------------------------------------------------------            
Stock Option (right to buy)              $2.87      11/17/97   A               300,000               11/17/97  12/26/00             
------------------------------------------------------------------------------------------------------------------------            
Stock Option (right to buy)              $1.25       4/07/98   A             1,206,667                4/7/98(3) 4/30/07             
------------------------------------------------------------------------------------------------------------------------            
Stock Option (right to buy)              $1.25       4/07/98   A               603,333                4/7/98(4) 4/30/07             
------------------------------------------------------------------------------------------------------------------------            
Stock Option (right to buy)              $2.87       4/07/98   M                          300,000    11/17/97  12/26/00             
------------------------------------------------------------------------------------------------------------------------            
Stock Option (right to buy)              $1.25       4/07/98   M                        1,206,667     4/7/98   4/30/07              
------------------------------------------------------------------------------------------------------------------------            
Stock Option (right to buy)              $1.25       4/07/98   M                          603,333     4/7/98   4/30/07              
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------------------------------------------------------------------------------------------                                          
7. Title and Amount of Under-       8. Price   9. Number     10. Owner-     11. Nature                                              
   lying Securities                    of         of Deriv-      ship           of In-                                              
   (Instr. 3 and 4)                    Deriv-     ative          Form           direct                                              
                                       ative      Securi-        of De-         Bene-                                               
                                       Secur-     ties           rivative       ficial                                              
                                       ity        Bene-          Secu-          Own-                                                
                                       (Instr.    ficially       rity:          ership                                              
                                       5)         Owned          Direct         (Instr. 4)                                          
                                                  at End         (D) or                                                             
                     Amount or                    of             Indi-                                                              
       Title         Number of                    Month          rect (I)                                                           
                     Shares                       (Instr. 4)     (Instr. 4)                                                         
                                                                                                                                    
------------------------------------------------------------------------------------------                                          
Common Stock           300,000                                      D                                                               
------------------------------------------------------------------------------------------                                          
Common Stock         1,206,667                                      D                                                               
------------------------------------------------------------------------------------------                                          
Common Stock           603,333                                      D                                                               
------------------------------------------------------------------------------------------                                          
Common Stock           300,000                       0              D                                                               
------------------------------------------------------------------------------------------                                          
Common Stock         1,206,667                       0              D                                                               
------------------------------------------------------------------------------------------                                          
Common Stock           603,333                       0              D                                                               
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Explanation of Responses:                                                                                                           

(1) Shares owned by First Dominion Holdings, Inc., a company owned and controlled by the                                            
    Reporting Person.                                                                                                               

(2) Shares owned by Real Heroes, Inc., a not-for-profit company controlled by the Reporting                                         
    Person                                                                                                                          

(3) On April 30, 1997, the Reporting Person was granted an option to purchase                                                       
    1,206,667 shares of common stock. The option vests upon the satisfaction of                                                     
    certain performance criteria which were met effective April 7, 1998.                                                            

(4) On April 30, 1997, the Reporting Person was granted an option to purchase                                                       
    603,333 shares of common stock. The option vests upon the satisfaction of                                                       
    certain performance criteria which were met effective April 7, 1998.                                                            

                                                                                  /s/ Thomas J. Weins                April 30, 1998 
                                                                                -----------------------------------  -------------- 
**Intentional misstatements or omissions of facts constitute                      **Signature of Reporting Person       Date        
  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.                                                                                                                   
                                                                                                                              Page 2
                                                                                                                     SEC 1474 (7-97)

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘4’ Filing	Date	First	Last	Other Filings

	9/30/98	1		10-K, NT 10-K
Filed on:	5/1/98			4
	4/30/98	2		8-K
For Period end:	4/7/98	2		4
	4/30/97	2		424B3
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Filing Submission 0001047469-98-017697 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Wiens Thomas J/New – ‘4’ for 4/7/98 re: Recycling Industries Inc.

As of: Friday, 5/1/98 · For: 4/7/98 · Accession #: 1047469-98-17697 · File #: 0-20179

Previous ‘4’: ‘4’ on 5/1/98 for 4/7/98 · Latest ‘4’: This Filing

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents