UNITED STATES SECURITIES AND EXCHANGE COMMISSION --------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
|_| CHECK THIS BOX IF NO --------------------------
LONGER SUBJECT TO SECTION STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
16. FORM 4 OR FORM 5 Expires: January 31, 2005
OBLIGATIONS MAY Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Estimated average burden
CONTINUE. Section 17(a) of the Public Utility Holding Company Act of 1935 hours of response..... 0.5
SEE INSTRUCTION 1(b). or Section 30(f) of the Investment Company Act of 1940 --------------------------
(Print or Type Responses)
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1. Name and Address of Reporting 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting Person to
Person* Symbol Issuer
(Check all applicable)
Raytech Corporation Asbestos Raytech Corporation (RAY)
Personal Injury Settlement Trust Director X 10% Owner
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(Last) (First) (Middle) 3. IRS or Social 4. Statement for Officer (give Other (specify
Security Number Month/Year ----- title below) ----- below)
c/o Meltzer, Lippe, Goldstein & of Reporting Person,
Schlissel, LLP if an entity July 2002 --------------------------
190 Willis Ave. (Voluntary)
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(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
(Month/Year) X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
Mineola NY 11501 ---
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(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2.Trans- 3.Trans- 4.Securities Acquired 5.Amount of 6.Ownership 7. Nature of
(Instr. 3) action action (A)or Disposed of Securities Form: Indirect
Date Code (D)(Instr.3,4 and 5) Beneficially Direct (D) Beneficial
(Instr. 8) Owned at or Indirect Ownership
End of Month (I)
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(A)
(Month/ or (Instr. 3
Day/Year) Code V Amount (D) Price and 4) (Instr. 4) (Inst. 4)
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Common Stock 7-3-02 S 87,300 D $9.02 D
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Common Stock 7-5-02 S 56,600 D $8.72 D
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Common Stock 7-8-02 S 29,700 D $7.938 34,584,432 D
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POTENTIAL PERSONS WHO ARE TO RESPOND TO THE
COLLECTION OF INFORMATION CONTAINED IN THIS
Reminder: Report on a separate line for each class of securities beneficially FORM ARE NOT REQUIRED TO RESPOND UNLESS THE
owned directly or indirectly. FORM DISPLAYS A CURRENTLY VALID OMB CONTROL
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). NUMBER.
(Over)
SEC 1474 (3/99)
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.Title of Derivative 2.Conver- 3.Trans- 4.Transac- 5.Number of 6.Date 7.Title and 8.Price 9.Number 10.Owner- 11.Nature
Security (Instr. 3) sion action tion Deriv- Exercisable Amount of of of ship of
or Date Code ative and Under- Deriv- Deriv- Form of Indirect
Exercise (Month/ (Instr. Securities Expiration lying ative ative Deriv- Benefi-
Price Day/ 8) Acquired (A) Date Secur- Secur- Secur- ative cial
of Year) or Disposed (Month/Day/ ities ity ities Secur- Owner-
Deriv- of (D) Year) (Instr. (Instr. Bene- ity: ship
ative (Instr. 3, 3 and 4) 5) ficially Direct (Instr.
Security 4 and 5) Owned at (D)or 4)
End of Indirect
Month (I)
(Instr. (Instr.
4) 4)
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Amount
Date Expira- or
Exer- tion Title Number
cisable Date of
------------------------ Shares
Code V (A) (D)
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Explanation of Responses:
Raytech Corporation Asbestos Personal Injury
Settlement Trust
BY: /S/ ARCHIE R. DYKES AUGUST 9, 2002
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** 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.
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