Form 4
 

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

OMB APPROVAL

 / /

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Washington, DC 20549

STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP

OMB NUMBER: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response...0.5

       
 

(Print or Type Responses)

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 *

2.  Issuer Name and Ticker or Trading Symbol

6.  Relationship of Reporting Person(s) to Issuer
                (Check all applicable)

 

Brass Eagle Inc. (XTRM)

 

Wold                      H.                       Gregory

 

   X  Director                                       10% Owner

(Last)                    (First)                   (Middle)

3.  I. R. S. Identification Number of Reporting

4.  Statement for Month/Day/Year

        Officer (give title below)             Other (specify below)

 

Person, if an entity (Voluntary)

January 24, 2003

                                                                                                              

12355 Beacon Hill Drive

     

(Street)

346-26-6271

5.  If Amendment, Date of

7.  Individual or Joint/Group Reporting

Plymouth               MI                          48170

 

Original (Month/Day/Year)

             (check applicable line)

(City)                   (State)                       (Zip)

   

  X Form Filed by one Reporting Person

     

      Form Filed by More than One Reporting Person




Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned



1.  Title of Security

2.  Transaction Date

2A.  Deemed

3.  Transaction Code

4.  Securities Acquired (A) or Disposed

5.  Amount of Securities

6.  Ownership

7.  Nature of

(Instr. 3)

(Month/Day/Year)

Execution Date,

(Instr.8)

of (D) (Instr. 3, 4 and 5)

Beneficially Owned Following

Form: Direct

Indirect

   

If any

   

Reported Transactions(s)

(D) or Indirect

Beneficial

   

(Month/Day/Year)

     

(A) or

 

(Instr. 3 and 4)

(Instr. 4)

Ownership

                                        

                                 

                                 

 Code

      V      

   Amount   

 (D)  

      Price     

                                                  

                      

(Instr.4)        

Brass Eagle Inc.

1/23/03

 

A

 

284

A

*

26,690

D

 

Common Stock

             

21,335

I

 
                     
                     
                     


*    Given to reporting person as compensation for serving on Board of Directors.



Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts calls warrants options, convertible securities)



1.  Title of

2.  Conversion

3.  Transaction Date

3A. Deemed

4. Transaction

 

5.  Number of

6.  Date Exercisable and

7.  Title and Amount of

8.  Price of

9.  Number of

10.  Ownership

11.  Nature

Derivative

or Exercise

(Month/Day/Year)

Execution

Code

 

Derivative

Expiration Date

Underlying Securities

Derivative

Derivative

Form of

of Indirect

Security

Price of

 

Date, if any

(Instr. 8)

 

Securities

(Month/Day/Year)

(Instr. 3 and 4)

Security

Securities

Derivative

Beneficial

(Instr. 3)

Derivative

 

(Month/Day/

   

Acquired (A) or

   

(Instr.5)

Beneficially

Securities:

Ownership

 

Security

 

Year)

   

Disposed of (D)

     

Owned

Direct (D) or

(Instr.4)

           

(Instr. 3, 4 and 5)

     

Following

Indirect (I)

 
                     

Amount

 

Reported

(Instr. 4)

 
                     

or

 

Transaction(s)

   
               

Date

Expiration

 

Number

 

(Instr. 4)

   

                 

                        

                                

                    

     Code     

 V  

   (A)   

 (D) 

 Exercisable 

   Date   

 Title 

of Shares

                  

                     

                       

                   

                               
                               
                               
                               


Explanation of Responses:



/s/    H. Gregory Wold

January 24, 2003

** 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.



Last update:  09/05/2002