U.S. 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(f) of the Investment Company Act of 1940
[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Leenhouts Norman P.
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(Last) (First) (Middle)
1230 Fairway 18
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(Street)
Macedon New York 14502
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Home Properties of New York, Inc. (HME)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
August 29, 2002 - See footnotes 5 and 7
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[x] Director [_] 10% Owner
[x] Officer (give title below) [_] Other (specify below)
Chairman, Co-Chief Executive Officer
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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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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Common Stock, Par value $.01 02/15/02 G V 1,000 D
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Common Stock, Par value $.01 06/02/02 G V 1,000 D 139,340 (8)
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Common Stock, Par value $.01 08/26/02 S 200 D $34.15
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Common Stock, Par value $.01 08/26/02 S 200 D $34.16
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Common Stock, Par value $.01 08/28/02 S 200 D $34.06
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Common Stock, Par value $.01 08/28/02 S 200 D $34.05 8,102 I shares in
custodial account
for minor grand-
children (1)
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Response) (Over)
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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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Units of Limited (2) * * * * * * * * * * 467 D
Partnership
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Units of Limited (2) * * * * * * * * * * 4,005 I Leenhouts
Partnership Ventures(3)
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Units of Limited (2) * * * * * * * * * * 214,688 I Home
Partnership Leasing(4)
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Units of Limited (2) * * * * * * * * * * 50,000 I spouse
Partnership (1)
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Option to Purchase $26.50 * * * * * * * * * * 15,000 D
Common Stock
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Option to Purchase $25.1250 * * * * * * * * * * 3,000 D
Common Stock
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Option to Purchase $27.1250 * * * * * * * * 47,278 D
Common Stock
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Option to Purchase $31.3750 * * * * * * * * * 50,000 D
Common Stock
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Option to Purchase $30.15 * * * * * * * * * 50,000 D
Common Stock
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Option to Purchase $34.65 * * * * * * * * * 50,000 D
Common Stock
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Phantom Stock Unit 1-for-1 (5) A(5) V 2,133(5) (6) (6) Common 2,133(5) 9,158 D
Stock
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Explanation of Responses:
* Previously reported
(1) The Reporting Person disclaims beneficial ownership of these securities
and this report shall not be deemed an admission that the Reporting Person
is the beneficial owner of such securities for purposes of Section 16 or
for any other purpose.
(2) Units of Limited Partnership interests in Home Properties of New York, L.P.
a New York limited partnership of which the Issuer is the general partner.
The Reporting Person has the right to redeem the units. The Issuer may elect
to acquire the Units to be redeemed for shares of Common Stock at the
rate of one Unit for one share of Common Stock or cash, at the option of
the Issuer.
(3) Norman Leenhouts is a general partner of Leenhouts Ventures. Represents
his proportionate interest in that entity.
(4) Norman Leenhouts is a director, shareholder and Chairman of Home Leasing
Corporation. Represents his proportionate interest in that entity.
(5) Represents phantom stock units accrued to the Reporting Person's account
pursuant to the Issuer's Deferred Bonus Plan from January 1, 2002 through
August 29, 2002 at prices ranging from $31.6197 to $33.6346 per unit, including
hypothetical shares accrued pursuant to the dividend reinvestment feature
of the plan.
(6) The Reporting Person's account will be paid in the form of the Issuer's
common stock on or about the 3rd, 5th or 10th anniversary of the deferral
depending on the election of the Reporting Person.
(7) Please note that certain of the disclosed items were not previously
required to be disclosed on a current basis.
(8) The deviation between the share total from the Form 4 filed on
August 13, 2002 and this indicated total results from certain mathematical and
other errors corrected in amended Form 4s filed this date with respect to the
months of March 2002 and May 2002.
/s/ Norman P. Leenhouts by Ann M. McCormick attorney-in-fact August 30, 2002
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**Signature of Reporting Person Date
** 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.
Alternatively, this form is permitted to be submitted to the Commission in
electronic format at the option of the Reporting Person pursuant to Rule 101(b)
(4) of Regulation S-T.
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