Form 4
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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
------- Washington, D.C. 20549 --------------------------
[ ]Check this box if no longer subject to OMB Number: 3235-0287
Section 16. Form 4 or Form 5 Expires: January 31, 2005
obligations may continue. See STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
Instruction 1(b). hours per response.... 0.5
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
(Print or Type Responses)
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person
Y.M. Noy Investments Ltd. Ampal-American Israel Corporation (AMPL) to Issuer (Check Applicable Line)
__________________________________________ _____________________________________________ ___ Director _X_ 10% Owner
___ Officer (give ___ Other (Specify
(Last) (First) (Middle) 3. IRS Identification 4. Statement for title below) below)
Number of Reporting Month/Day/Year
33 Havazelet Hasharon Street Person, if an entity 10/21/02 and 10/22/02
__________________________________________ (Voluntary) ______________________________________________________________
(Street)
5. If Amendment, Date of 7. Individual or Joint/Group Filing
Herzliya Israel Original (Month/Year) (Check applicable line)
__________________________________________ ___ Form Filed by one Reporting Person
(City) (State) (Zip) _X_ Form Filed by more than one
Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
5. Amount of
2A. Securities
Deemed 3. Trans- 4. Securities Acquired (A) Beneficially
2. Trans- Exe- action or Disposed of (D) Owned 6. Ownership
action cution Code (Instr. 3, 4 and 5) Following Form: 7. Nature of
Date Date (Instr. ------------------------ Reporting Direct(D) Indirect
(Month/ if any 8) (A) Period or Beneficial
1. Title of Security Day/ (Month/ ---------- Amount or Price (Instr. Indirect(I) Ownership
(Instr.3) Year) Day/Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4)
----------------------------- --------- --------- ---------- -------- --- -------- ------------ ----------- ----------
Class A Stock 10/21/02 P(1)(2) 3,000 A $2.45 D
Class A Stock 10/21/02 P(1) 1,700 A $2.47 D
Class A Stock 10/22/02 P(1) 2,000 A $2.45 D
Class A Stock 10/22/02 P(1) 2,000 A $2.46 D
Class A Stock 10/22/02 P(1) 700 A $2.44 11,469,762 D
(1) The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the
Reporting Person on October 14, 2002.
(2) Yosef A. Maiman, the Chairman of the Board of the Issuer, owns 100% of the economic shares and one-third of
the voting shares of the Reporting Person. In addition, Mr. Maiman holds an option to acquire the remaining
two-thirds of the voting shares of the Reporting Person, which are currently owned by Ohad Maiman and Noa Maiman,
the son and daughter, respectively, of Mr. Maiman.
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If this form is filed by more than one reporting person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained
in this form are not required to respond unless the form displays
a currently valid OMB Number
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
6. Date
Exercisable
and
2. Conver- 3A. Deemed 5. Number of Deriv- Expiration
sion or 3. Trans- Execution 4. Trans- ative Securities Date (Month/
Exercise action Date, if action Acquired (A) or Day/Year)
Price of Date any Code Disposed of (D) ---------------
Deriv- (Month/ (Month/ (Instr. 8) (Instr. 3, 4, and 5) Date Expir-
1. Title of Derivative Security ative Day/ Day/ ----- ---- ----------------------- Exercis- ation
(Instr. 3) Security Year) Year) Code V A D able Date
-------------------------------- ----------- ---------- ------------- ------------ ----------- ----------- -------- ------
9. Number of
Derivative 10. Ownership
Securities of Deriv-
Beneficially ative
7. Title and Amount of Underlying Owned Security:
Securities (Instr. 3 and 4) Following Direct 11. Nature of
--------------------------------- 8. Price of Reported (D) or Indirect
Amount or Derivative Trans- Indirect Beneficial
1. Title of Derivative Title Number of Security action(s) (I) Ownership
Security (Instr. 3) Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4)
---------------------- -------------------- --------- ------------- ------------- -------------- --------------
Explanation of Responses
/s/ Yosef A. Maiman October 23, 2002
**Intentional misstatements or omissions of facts constitute ------------------------------- ------------------
Federal Criminal Violations. See 18 U.S.C. 1001 and **Signature of Reporting Person Date
15 U.S.C. 78ff(a). Yosef A. Maiman
Chairman of Board of Directors
Note: File three copies of this Form, one of which must be manually signed. (on behalf of Y.M. Noy Investments Ltd.)
If space provided 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
Joint Filer Information
1. Name: Yosef A. Maiman
2. Address: 33 Havazelet Hasharon Street
Herzliya, Israel
3. Designated Filer: Y. M. Noy Investments Ltd.
4. Issuer & Ticker Symbol: Ampal-American Israel Corporation
(AMPL)
5. Date of Event Requiring Statement: October 21, 2002 and October 22, 2002
/s/ Yosef A. Maiman 10/23/02
-------------------------------- -------------
Yosef A. Maiman Date
Joint Filer Information
1. Name: Ohad Maiman
2. Address: 33 Havazelet Hasharon Street
Herzliya, Israel
3. Designated Filer: Y.M. Noy Investments Ltd.
4. Issuer & Ticker Symbol: Ampal-American Israel Corporation
(AMPL)
5. Date of Event Requiring Statement: October 21, 2002 and October 22, 2002
/s/ Ohad Maiman 10/23/02
------------------------ ------------
Ohad Maiman Date
Joint Filer Information
1. Name: Noa Maiman
2. Address: 33 Havazelet Hasharon Street
Herzliya, Israel
3. Designated Filer: Y.M. Noy Investments Ltd.
4. Issuer & Ticker Symbol: Ampal-American Israel Corporation
(AMPL)
5. Date of Event Requiring Statement: October 21, 2002 and October 22, 2002
/s/ Noa Maiman 10/23/02
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Noa Maiman Date