4 1 w63581be4.txt FORM 4 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 ________________________________________________________________________________ 1. Name and Address of Reporting Person ARCH HILL CAPITAL N.V. -------------------------------------------------------------------------------- PARKWEG 2 -------------------------------------------------------------------------------- (Street) 2585 JJ'S --GRAVENHAGE -------------------------------------------------------------------------------- ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol LITHIUM TECHNOLOGY CORPORATION (LITH) ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year October 4, 2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (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 ================================================================================

========================================================== =================================== Acquired, Disposed of, Table I -- Non-Derivative Securities or Beneficially Owned ========================================================== =================================== 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) (Month/Day/Year) Code V (D) and 4) (Instr.4) (Instr. 4) ----------------------------------------------------------------------------------------------------------------------------------- -~~----------------------------------------------------------------------------------------------------------------------------------~~ COMMON STOCK 10/4/02 C 23,932,087 (A) $.08 29,932,087 (D) ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

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

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) ----------------------------------------------------------------------------------------------- ------------------------------------- Convertible COMMON 29,932,087 Note $.08 510/154/02 AC V (1) 56/1521/02 ~~(3)~~10/4/02 STOCK ~~3,156,775~~ $0 0 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ ~~Convertible~~Series A Preferred COMMON ~~Note~~66,804,314 66,804,314 Stock $~~.08~~0 510/314/02 AP V60,000 (2) ~~5/31/02~~ (3) STOCK (4~~,250,000~~) $0I (5) ------------------------------------------------------------------------------------------------------------------------------------ 5939,~~922~~490,~~087~~000 (6) D ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

EXPLANATION OF RESPONSES: (1) $1,914,567 OF CONVERTIBLE NOTES WERE CONVERTED INTO 23,932,087 SHARES OF ISSUER COMMON STOCK. (2) EACH SHARE OF THE SERIES A PREFERRED STOCK IS CONVERTIBLE AT THE OPTION OF THE HOLDER THEREOF INTO 1,113.40524 SHARES OF COMMON STOCK, AT ANY TIME FOLLOWING THE AUTHORIZATION AND RESERVATION OF A SUFFICIENT NUMBER OF SHARES OF ISSUER COMMON STOCK TO PROVIDE FOR THE CONVERSION OF ALL OUTSTANDING SHARES OF SERIES A PREFERRED STOCK STOCK INTO FULLY PAID AND NON-ASSESSABLE SHARES OF ISSUER COMMON STOCK. (3) EACH SHARE OF THE SERIES A PREFERRED STOCK WILL AUTOMATICALLY BE CONVERTED INTO 1,113.40524 SHARES OF ISSUER COMMON STOCK, ONE YEAR FOLLOWING THE AUTHORIZATION AND RESERVATION OF A SUFFICIENT NUMBER OF SHARES OF ISSUER COMMON STOCK TO PROVIDE FOR THE CONVERSION OF ALL OUTSTANDING SHARES OF SERIES A PREFERRED STOCK INTO SHARES OF ISSUER COMMON STOCK. (4) ISSUED IN EXCHANGE FOR THE ISSUANCE TO THE ISSUER OF 60% OF THE OUTSTANDING SHARES OF GAIA HOLDING B.V. WHICH WERE OWNED BY ARCH HILL VENTURES, N.V. WHICH IS CONTROLLED BY THE REPORTING PERSON. (5) OWNED BY ARCH HILL VENTURES, N.V. WHICH IS CONTROLLED BY THE REPORTING PERSON. (6) $3.94 MILLION PRINCIPAL OF ISSUER CONVERTIBLE NOTES OWNED BY THE REPORTING PERSON CONVERTIBLE INTO 39,490,000 ISSUER COMMON STOCK. /s/ H. H. Van Andel October 4, 2002 --------------------------------------------- ---------------------- Signature of Reporting Person Date 2

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