---------------------------- OMB APPROVAL ---------------------------- OMB Number: 3235-0362 Expires: January 31, 2005 Estimated average burden hours per response......1.0 ---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 5 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 [_] Check this 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 ________________________________________________________________________________ 1. Name and Address of Reporting Person* Schmidt Ronald D. -------------------------------------------------------------------------------- (Last) (First) (Middle) 10407 Fawns Way -------------------------------------------------------------------------------- (Street) Eden Prairie MN 55347 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Artesyn Technologies, Inc. (ATSN) ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person, if an entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year December 31, 2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [_] 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 ================================================================================

~~Table~~5. I6. ~~Non~~4. Amount of Owner-~~Derivative~~ Securities Acquired, (A) or Securities ship Disposed of, or(D) Beneficially Form: 7. 2A. (Instr. 3, 4 and 5) Owned at End Direct Nature of 1. 2. Deemed 3. -------------------------------~~-----------------------------------------------------------------------------------------------------~~ ~~1)Title~~ of ~~Security~~Issuer's ~~2)Trans- 3.Trans- 4.Securities Acquired~~(AD) ~~5)Amount~~or ofIndirect 6)Title ~~7)Nature~~ of ~~action~~Transaction ~~action~~Execution orTransaction ~~Disposed of~~ (DA) ~~Securities~~Fiscal Year Indirect ~~Date~~Beneficial ~~Code~~Security ADate ~~Beneficially~~Date, Dif ~~Beneficial~~any ~~(Month/~~Code Amount or ~~Owned~~Price at(Instr. or3 (I) Ownership ~~Day~~(Instr. 3) (mm/~~Year~~dd/yy) ~~Code~~(mm/dd/yy) ~~Amount~~(Instr. 8) (D) ~~Price~~and ~~End~~4) of(Instr.4) ~~Year~~(Instr. I4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 02/09/01 G 5,150 D D Direct Common Stock 07/30/01 G 3,628 D 386,997 D Direct Common Stock 267,000 I by Partnership Common Stock 17,926 I by Spouse Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ ~~1)Title~~Common ofStock ~~Derivative~~386,997 ~~2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (~~D) ~~Derivative Security Code A D Exercisable Expiration~~ ------------------------------------------------------------------------------------------------------------------------------------ ~~Non-Qualified~~Common Stock ~~Option $15.7900 05/01/01 A 10~~267,000 ~~05/01/11~~I ~~(right~~By ~~to buy) Non~~Part-~~Qualified~~ ~~Stock~~nership ~~Option $18.2500 05/06/09 (right to buy) Non~~-~~Qualified Stock Option $21.2500 05/06/99 05/06/08 (right to buy) Non~~-~~Qualified Stock Option $23.8125 05/04/10 (right to buy) Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)~~ ------------------------------------------------------------------------------------------------------------------------------------ ~~1)Title~~Common ofStock ~~Derivative~~12/14/02 G 3~~)Trans-~~,628 ~~7)Title~~A ~~and~~21,554 Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I -By ~~Title~~Spouse ~~Shares End of Year~~ ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option 05/01/01 Common Stock 10,000 10,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 10,000 10,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 10,000 10,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 10,000 10,000 D Direct (right to buy) Explanation of Responses:====================================================================================================================================

(Over) * If the Form is filed by more than one reporting person, see Instruction 4(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 Number. FORM 5 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

Explanation of Responses: /s/ Giselle Hurwitz January 15, 2003 --------------------------------------------- ----------------------- **Signature of Reporting Person Date By: GISELLE HURWITZ For: RONALD D. SCHMIDT ** 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. 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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