FORM 5

 

      Check box if no longer
subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instruction 1(b).

      Form 3 Holdings Reported

      Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


ANNUAL 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(h) of the Investment Company Act of 1940

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 1. Name and Address of Reporting Person

Wright,         Glenn                      

(Last)            (First)              (Middle)



405 SW Columbia St

(Street)



Bend,        OR           97702

(City)       (State)          (Zip)

 2. Issuer Name and Ticker
    or Trading Symbol


Advanced Power Technology, Inc.
APTI


 3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)




 4. Statement for Month/Year



December/2002



 5. If Amendment, Date of
    Original (Month/Year)




 6. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)

     Director

  X  Officer
(give title below)

     10% Owner

     Other
(specify below)




 7. Individual or Joint/Group Reporting
    (check applicable line)

 

  X  Form Filed by One Reporting Person

      Form Filed by More than One Reporting Person

 

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

 

1. Title of
    Security
    (Instr. 3)

2. Transaction     Date
    (Month/Day/
    Year)

2A. Deemed
      Execution Date,
      if any
      (Month/Day/Year)

3. Transaction
    Code
    (Instr. 8)

4. Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4, and 5)

5. Amount of
    Securities
    Beneficially
    Owned at the
    end of Issuer's     Fiscal Year
    (Instr. 3 and 4)

6. Owner-
    ship
    Form:
    Direct(D)
    or
    Indirect (I)
    (Instr. 4)

7.  Nature of
     Indirect
     Beneficial
     Ownership
     (Instr. 4)

Amount

(A) or (D)

Price

Common Stock

 

 

 

 

 

 

1,000

D

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* If the form is filed by more than one reporting person, see instruction 4(b)(v).


 

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

 

1. Title of Derivative Security
(Instr. 3)

2. Conver sion or Exercise Price of Derivative Security

3. Transaction Date
(Month/
Day/Year)

3A. Deemed Execution Date, if any (Month/
Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Year
(Instr. 4)

10.Ownership of Derivative Security:
Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or Number of Shares

3-Option right to buy (#247)

$1.40

 

 

 

 

 

1/1/99

1/1/08

Common Stock

1,500

 

1,500

D(a)

 

4-Option right to buy (#441)

$1.48

 

 

 

 

 

1/1/00

1/1/09

Common Stock

2,200

 

2,200

D(a)

 

5-Option right to buy (#398)

$1.48

 

 

 

 

 

1/1/00

1/1/09

Common Stock

498

 

498

D(a)

 

6-Option right to buy (#478)

$1.48

 

 

 

 

 

10/3/00

10/3/09

Common Stock

150

 

150

D(a)

 

7-Option right to buy (#512)

$1.48

 

 

 

 

 

1/1/01

1/1/10

Common Stock

5,280

 

5,280

D(a)

 

8-Option right to buy (#652)

$15.23

 

 

 

 

 

4/30/02

4/30/11

Common Stock

10,000

 

10,000

D(a)

 

9-Option right to buy (#940)

$12.02

 

 

 

 

 

9/11/02

9/11/11

Common Stock

606

 

606

D(a)

 

10-Option right to buy (#1105)

$7.25

 

 

 

 

 

10/1/02

10/1/11

Common Stock

909

 

909

D(a)

 

11-Option right to buy (#1349)

$11.55

1/1/02

 

A

 

 

1/1/03

1/1/12

Common Stock

909

 

909

D

 

12-Option right to buy (#1439)

$11.48

3/28/02

 

A

 

 

3/28/03

3/28/12

Common Stock

12,500

 

12,500

D

 

13-Option right to buy (#1486)

$12.41

4/1/02

 

A

 

 

4/1/03

4/1/12

Common Stock

606

 

606

D

 

 

Explanation of Responses:

(a) Includes options for 5,952 shares of common stock that have been assigned to Mr. Wright’s ex-wife, over which Mr. Wright disclaims beneficial ownership.

 

 

 

 

 

 

/s/ GLENN WRIGHT

** Signature of Reporting Person

 

1/28/03

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.

 

http://www.sec.gov/divisions/corpfin/forms/form5.htm

Last update: 09/03/2002