FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION FORM 4 Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |_| Check this box if no longer subject to Section 16. Form 4 or Form 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 (Print or Type Responses) ----------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address of Reporting Person*/ 2. Issuer Name and / 6. Relationship of Reporting / Ticker or Trading Symbol / Person(s) to Issuer / / (Check all applicable) / / -X- Director -X- 10% Owner CAMERON, JR. JAMES W. / ALTERNATIVE TECHNOLOGY RESOURCES, INC. / -X- Officer --- Other / / (give title below) (specify below) (Last) (First) (Middle) / ("ATEK") / CHIEF FINANCIAL OFFICER ----------------------------------------/-----------------------------------------/------------------------------------------------- / / / C/O ALTERNATIVE TECHNOLOGY RESOURCES / 3. I.R.S. / 4. Statement for / 7. Individual or Joint/Group Filing 629 J STREET / Identification / Month/Year / (Check Applicable Line) / Number of / / X Form filed by one Reporting Person (Street) / Reporting Person,/ 01/2002 / Form filed by More than One / if an entity / / Reporting Person ----------------------------------------/ (Voluntary) /----------------- / / / / SACRAMENTO, CA 95814 / / 5. If Amendment, / / / Date of Original / / / Month/Year) / (City) (State) (Zip) / / ----------------------------------------------------------------------------------------------------------------------------------- TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 4. Securities 5. Amount of Acquired (A) or Securities 6. Ownership 7. Nature of Disposed of (D) Beneficially Form: Direct Indirect 3. Transaction (Instr. 3, 4 and 5) Owned at End (D) or Beneficial 1. Title of Security 2. Transaction Date Code(Instr.8.) ----------------------- of Month Indirect (I Ownership (Instr. 3) (Mo./Day/Yr.) Code V Amount (A)or(D) Price (Instr.3,4,5) (Instr. 4) (Instr. 4) -------------------- ------------------- -------- ------- ------- -------- ------ -------------- ------------ ------------- Common Stock 1/10/02 A 35,000 A $2.25 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/24/02 A 187,222 A $2.25 39,614,006 D ------------------------------------------------------------------------------------------------------------------------------------ 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). 2 FORM 4 (continued) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities) ----------------------------------------------------------------------------- 6.Date 9.Number 10.Owner- 5.Number Exercisable 7.Title and of Deriv- ship Form of Derivitive and Expira- Amount of itive of Deriv- Securities tion Date Underlying Securities itive 11.Nature 4.Trans- Aquired (A) (Mo./Day/Yr.) Securities 8.Price Benefi- Security of 1.Title 2.Conversion 3.Trans- action or Disposed -------------- (Instr.3 and 4) of Deri- cially Direct indirect of or Exercise action Code of (D) Date ---------------- vitive owned at (D) or Bene- Derivitive Price of Date (Instr. 8) (Instr. 3,4,5) Exer- Expira- Amount or Security End of Indirect ficial Security Derivitive (Mo./Day/ ---------- -------------- cis- tion Number of (Instr. Month (I) Ownership (Instr.3) Security Yr.) Code V A D able Date Title Shares 5) (Instr.4) (Instr. 4)(Instr.4) ---------- ------------ --------- ----- ---- ----- ------- ------ -------- ----- --------- -------- --------- ---------- -------- OPTION $2.90 1/2/02 A 25,000 1/2/02 1/2/12 Common 25,000 75,000 D N/A TO Stock PURCHASE STOCK ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ JAMES CAMERON 2-6-02 -------------------------------- ------------------ James W. Cameron, Jr. Date **Signature of Reporting Person Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.