FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
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(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*/ 2. Issuer Name and Ticker or Trading / 6. Relationship of Reporting Person(s) to Issuer
/ Symbol / (Check all applicable)
/ /
/ / X Director X 10% Owner
/ Alternative Technology Resourcs, Inc. / X Officer ___ Other
/ ("ATEK") / (give title below) (specify below)
/ /
Cameron, Jr. James W. / / Chief Financial Officer
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(Last) (First) (Middle) / 3. IRS Identification/ 4. Statement for / 7. Individual or Joint/Group Filing
/ Number of / (Month/Day/Year) / (Check Applicable Line)
/ Reporting Person, / /
629 J Street / if an entity / 12/12/02 / X Form filed by One Reporting Person
----------------------------------------/ (Voluntary) /------------------/
(Street) / / 5. If Amendment, / ___ Form filed by More than One Reporting
/ / Date of Original / Person
/ / (Month/Day/Year) /
Sacramento, CA 95814 / / /
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(City) (State) (Zip) / / /
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TABLE I - NONDERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title /2.Trans- /2A. Deemed /3.Transaction/4. Securities Acquired (A) or /5. Amount of /6. Ownership / 7. Nature of
of / action / Execution/ Code / Disposed of (D) (Instr. 3, / Securities / Form: / Indirect
Security / Date / Date, if / Instr. 8) / 4 and 5) / Beneficially/ Direct (D)/ Beneficial
(Inst.3) /(Mo/Day/Yr)/ any / / / Owned / or / Ownership
/ / (Mo/Day/Yr) /------------------------------------------------/ Following / Indirect /
/ / / Code / V / Amount /(A) or (D)/ Price / Reported / (I) / (Instr. 4)
/ / / / / / / / Trans- / /
/ / / / / / / / action(s) / (Instr.4) /
/ / / / / / / /(Inst. 3 & 4)/ /
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2
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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1. / 2. /3. /3A. Deemed/4.Trans-/5. Number of/6. Date /7. Title and /8. /9. /10. /11.
Title of / Con- / Trans-/ Execution/ action / Derivative / Exercisable / Amount of / Price / Number / Owner- /Nature
Derivative / version / action / Date, if / Code / Securities / and Expiration / Underlying / of / of / ship /of
Security / or / Date / any / / Acquired / Date / Securities / Deriv- / Deriv- / Form of/In-
(Instr. 3) / Exercise/ (Month// (Month/ /(Inst.8)/ (A) or / / / ative / ative / Deriv- /direct
/ Price of/ Day/ / Day/ / / Disposed of/(Month/Day/Year)/(Instr. 3 & 4) / Secu- / Secu- / ative /Bene-
/ of / Year) / Year) / / (D) / / / rity / rities / Secu- /ficial
/ Deriv- / / / / / / / / Benefi-/ rities /Owner-
/ ative / / / /(Inst.3,4,5)/ / /(Inst.4)/ cially / Benefi-/ship
/ Secu- / / /--------/------------/----------------/---------------/ / Owned / cially /
/ rity / / /Code/ V / (A) / (D) / Date / Expir-/ Title /Amount / /Follow- / Owned /(Inst.
/ / / / / / / / Exer- / ation / / or / /ing / / 4)
/ / / / / / / / cisable/ Date / /No. of / /Reported/(Inst.4)/
/ / / / / / / / / / /Shares / /Trans- / /
/ / / / / / / / / / / /actions / /
/ / / / / / / / / / / /(Inst.4)/ /
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Warrant(1) $1.00 12/12/02 A 150,000 Immediatley 7/25/09 Common 150,000 $1.00 225,000 D
Stock
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Explanation of Responses:
(1) In January 2002, Alternative Technology Resources, Inc. (the "Company") conducted a private placement of its common stock that
was completed on March 31, 2002. The Company sold 1,232,585 shares at $2.25 per share. Mr. Cameron participated in the
January 2002 private placement and purchased 222,222 shares of common stock. Under the terms of the January 2002 private
placement, in the event the Company sold additional shares of common stock at less than $2.25 per share within a twelve (12)
month period beginning March 31, 2002, the investors in the January 2002 private placement would receive additional shares of
common stock in amount such that the overall purchase price would be equal to the subsequent lower price. In connection with a
bridge financing of $1 million convertible into common stock at $1.00 per share completed in July 2002, the Company granted
warrants to the holder of the loan in an amount equal to 30% of the loan amount at an exercise price equal to $1.00 per
share. A dispute between the January 2002 investors and the Company was raised as to whether or not the investors in the
January 2002 private placement and investors in the October 2002 private placement should have received warrants similar to the
warrants isued in the bridge financing. In order to resolve any dispute, the Company is granting to the investors in both the
January and October 2002 private placement, warrants in an amount equal to 30% of their investment at an exercise price of
$1.00 per share. This amount represents Mr. Cameron's warrants based on his investment in the January 2002 private placement.
/S/ JAMES W. CAMERON, JR. 12/13/02
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James W. Cameron, Jr. 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 provided is insufficient, see Instruction 6 for procedure.