UNITED STATES SECURITIES AND EXCHANGE COMMISSION -------------------------
FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL
-------------------------
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number: 3235-0104
Expires: January 31, 2005
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Estimated average
Section 17(a) of the Public Utility Holding Company Act of 1935 burden hours per
or Section 30(f) of the Investment Company Act of 1940 response ........... 0.5
-------------------------
(Print or Type Response)
------------------------------------ ----------------------- ---------------------------------------------------------------------
1. Name and Address of Reporting 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Person* Requiring Statement
(Month/Day/Year)
Raytech Corporation Asbestos Raytech Corporation (RAY)
Personal Injury Settlement Trust April 18, 2001 ---------------------------------------------------------------------
------------------------------------ ------------------------ 5. Relationship of Reporting Person(s) 6. If Amendment, Date of
(Last) (First) (Middle) 3. IRS or Identification to Issuer Original (Month/Day/Year)
Number of Reporting (Check all applicable)
Person, if an entity Director X 10% Owner
c/o Meltzer, Lippe, Goldstein & (Voluntary) --- ---
Schlissel, LLP Officer (give Other (specify
190 Willis Ave. --- title below) --- below) ----------------------------
------------------------------------ 7. Individual or Joint/Group
(Street) ----------------------------- Filing (Check Applicable
Line)
X Form filed by One
--- Reporting Person
Form filed by More
--- than One Reporting
Mineola NY 11501 Person
------------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct (Instr. 5)
(Instr. 4) (D)or Indirect
(I) (Instr. 5)
------------------------------------ ------------------------- ------------------- --------------------------------------------
------------------------------------ ------------------------- ------------------- --------------------------------------------
Common Stock 34,758,032 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 5(b)(v).
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 CONTROL NUMBER.
(Over)
SEC 1473 (3-00)
FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
-----------------------------------------------------------------------------------------------------------------------------------
1.Title of Derivative 2.Date Exercisable 3.Title and Amount of 4.Conversion 5.Ownership 6.Nature of
Security and Expiration Securities Underlying or Exercise Form of Indirect
(Instr. 4) Date Derivative Security Price of Derivative Beneficial
(Month/Day/Year) (Instr. 4) Derivative Security: Ownership
------------------- ---------------------------- Security Direct (D) (Instr. 5)
Amount or Indirect
Date Expira- Title or (I)
Exer- tion Number (Instr. 5)
cisable Date of
Shares
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
----------------------------- -------- --------- -------------------- ------- ------------- ------------- ---------------------
Explanation of Responses:
Raytech Corporation Asbestos Personal Injury
Settlement Trust
BY: /S/ ARCHIE R. DYKES AUGUST 9, 2002
------------------------------- --------------
** Intentional misstatements or omissions of facts constitute Federal **Signature of Reporting Person Date
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Archie R. Dykes, Trustee
Note: File three copies of this Form, one of which must be manually signed.
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