6.OMB ~~Ownership~~APPROVAL 7.OMB ~~Nature~~Number: of3235-0287 ~~5. Amount of Securities Form~~Expires: ~~Indirect~~January 1. Title of 2. Transaction 3. Transaction 4. Securities Acquired (A) Beneficially Owned Direct (D) or Beneficial security Date Code or Disposed of (D) at End of Month Indirect (I) Ownership (Instr. 3) (Month/Day/Year) (Instr. 8) (Instr. 331, 4,2005 ~~and~~Estimated 5)average ~~(Instr.~~burdenhours 3per ~~and 4) (Instr~~response. ~~4) (Instr~~. 4) ------------------------------------------------------------------------------------------------------------------------------------ Code V Amount (A) or (D) Price ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, no par value per share 09/22/00 P 15,300 A $2.~~5000 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, no par value per share 09/22/00 P 700 A $2~~0.4375 D ------------------------------------------------------------------------------------------------------------------------------------ 76,173* D ------------------------------------------------------------------------------------------------------------------------------------ 1,745 D By 401(K) Plan ------------------------------------------------------------------------------------------------------------------------------------5

5.UNITED ~~Number~~STATES SECURITIES ofAND ~~Derivative~~EXCHANGE Securities Acquired 1. Title of Derivative 2. Conversion or Exercise 3. Transaction Date 4. Transaction (A) or Disposed of (D) Security (Instr. 3) Price of Derivative Security (Month/ Day/ Year) Code (Instr. 8) (Instr. 3COMMISSION Washington, 4,DC and 5) ------------------------------------------------------------------------------------------------------------------------------------ Code V (A) (D) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 10. Ownership Form of 7. Title and Derivative 11. Nature of Amount of 8. Price of 9. Number of Security: Indirect 6. Date Exercisable Underlying Derivative Derivative Securities Direct (D) or Beneficial and Expiration Date Securities Security Beneficially Owned at Indirect (I) Ownership (Month/Day/Year) (Instr. 3 and 4) (Instr. 5) End of Month (Instr. 4) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Amount Date Expiration or Number Exercisable Date Title of Shares ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------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(h) of the Investment Company Act of 1940

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

Name and Address of Reporting
Person* (Last, First, Middle)

Issuer Name and Ticker or
Trading Symbol

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

Fernandez, Fernando L.

Whitman Education Group, Inc. (WIX)

4400 Biscayne Boulevard

Statement for (Month/Day/Year)

If Amendment, Date of Original (Month/Day/Year)

02-19-2003

(Street)

Relationship of Reporting Person(s) to Issuer (Check All Applicable)

Individual or Joint/Group Filing
(Check Applicable Line)

Miami, FL 33137

(City) (State) (Zip)

Director

10% Owner

Form filed by One Reporting Person

Officer (give title below)

Form filed by More than One Reporting Person

Other (specify below)

Chief Financial Officer, VP - Finance, Secretary and Treasurer

Reminder:		Report on a separate line for each class of securities beneficially owned directly or indirectly.

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

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

Title of Security
(Instr. 3)

Transaction Date
(Month/Day/Year)

2a.

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

Transaction Code
(Instr. 8)

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

Amount of Securities
Beneficially Owned
Following Reported
Transactions(s)
(Instr. 3 and 4)

Ownership
Form:
Direct (D) or
Indirect (I)
(Instr. 4)

Nature of
Indirect
Beneficial
Ownership
(Instr. 4)

Code

Amount

(A)
or
(D)

Price

Common Stock, no par value

02-19-2003

10,000

$4.00

21,000

4,904

By 401 (k) Plan

Page 2

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

Title of Derivative
Security
(Instr. 3)

Conversion or Exercise
Price of Derivative
Security

Transaction
Date
(Month/Day/Year)

3a.

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

Transaction
Code
(Instr. 8)

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

Code

(A)

(D)

Stock Option (Right to Buy)

$4.0000

02-19-2003

10,000

Page 3

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

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

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

Price of Derivative
Security
(Instr. 5)

Number of Derivative
Securities Beneficially Owned
Following Reported Transaction(s)
(Instr. 4)

10.

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

11.

Nature of
Indirect
Beneficial
Ownership
(Instr. 4)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

02-22-1994

02-22-2003

Common Stock

10,000

N/A

Explanation of Responses:

/s/: Fernando L. Fernandez		February 20, 2003
**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 is insufficient, see Instruction 6 for procedure.

Page 4

Filing Compare · WHITMAN EDUCATION GROUP INC