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*
Mendelson Victor H.
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(Last) (First) (Middle)
825 Brickell Bay Drive, 16th Floor
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(Street)
Miami Florida 33131
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Heico Corporation "HEI" and "HEI.A"
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
###-##-####
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4. Statement for Month/Year
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5. If Amendment, Date of Original (Month/Year)
12/16/2002
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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)
Executive Vice President
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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 15,038(1)(5) I 401(k) Plan
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Class A Common Stock 11,916(1) I 401(k) Plan
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Class A Common Stock 12/16/02 M 292 A $2.20 2,507 D
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Common Stock 695 D
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Common Stock 157,282 I By Mendelson
Int'l Corp.
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Class A Common Stock 119,713 I By Mendelson
Int'l Corp.
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Class A Common Stock 546 I (2)
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Common Stock 800 I (2)
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Class A Common Stock 12/16/02 M 36,180 A $2.20 36,180 I By VHM
Mgt. L.P.
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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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Employee Stock $2.20 12/16/02 M 292 12/17/92 12/17/02 Class A 292 --- --- D
Option (Right Common
to Buy) Stock
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Employee Stock $2.20 12/16/02 S 36,180 12/17/92 12/17/02 Common 36,180 (4) --- D
Option (Right Stock
to Buy)
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Employee Stock $2.20 12/16/02 P 36,180 12/17/92 12/17/02 Common 36,180 (4) --- I By VHM
Option (Right Stock Mgt.
to Buy) L.P.
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Employee Stock $2.20 12/16/02 M 36,180 12/17/92 12/17/02 Common 36,180 --- --- I By VHM
Option (Right Stock Mgt.
to Buy) L.P.
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Explanation of Responses:
(1) Information reported herein is based on a HEICO Corporation 401(k) Plan
quarterly statement as of 9/30/02 (latest provided to the Reporting Person).
(2) Amount of Securities beneficially owned represents shares held by the the
Reporting Person as custodian for minor children.
(3) In addition to these options, the Reporting Person owns directly options
entitling the Reporting Person to purchase an aggregate of 425,115 shares
of Common Stock and 200,729 shares of Class A Commmon Stock. These options
become exercisable on various dates and have various expiration dates.
(4) VHM Management Limited Partnership incurred an obligation to pay to the
Reporting Person an annuity valued at $349,137 in exchange for the options.
(5) Amounts reported for the Securities have been corrected from those reported
by the original Form 4 filing indicated.
/s/ Victor H. Mendelson 12/27/02
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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.
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