FORM 4 [ ] CHECK BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(B). U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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* 2. Issuer Name and Ticker or Trading Symbol Elcom International, Inc. - ELCO Crowell, Robert J. ----------------------------------------------------------------------------------------------------------------------- (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for 10 Oceana Way Number of Reporting Month/Year ------------------------------------------------------------ Person (Voluntary) 5/2002 (Street) -------------------------- Norwood, MA 02062 5. If Amendment, Date of ----------------------------------------------------------- Original (Month/Year) (City) (State) (Zip) 6. Relationship of Reporting Person to Issuer (Check all applicable) X Director X 10% Owner ----- ---- X Officer Other (specify ------ ----- below) Chairman & Chief Executive Officer --------------------------------------------------------- 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 1 - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) (Instr. 3) Date Code or Disposed of (D) (Instr. 8) (Instr. 3, 4 and 5) (Month/Day/ Amount (A) or Price Year) Code V (D) Common Stock 5/10/02 P 1,500 A $.69 Common Stock 5/10/02 P 1,000 A $.71 Common Stock 5/10/02 P 7,800 A $.78 Common Stock 5/10/02 P 6,000 A $.79 Common Stock 5/10/02 P 3,700 A $.82 Common Stock 5/13/02 P 600 A $.75 Common Stock 5/13/02 P 1,100 A $.78 Common Stock 5/13/02 P 3,300 A $.79 Common Stock 5/15/02 P 5,000 A $.68 Common Stock 5/17/02 P 4,100 A $.69 Common Stock 5/17/02 P 5,900 A $.70 Common Stock 5/22/02 P 1,400 A $.61 Common Stock 5/22/02 P 2,500 A $.70 5. Amount of 6. Ownership 7. Nature of Securities Form: Indirect Beneficially Direct (D) or Beneficial Owned at End Indirect (I) Ownership of Month Instr. 3 and 4 (Instr. 4) (Instr. 3 and 4) * 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 Responses) PAGE 1 OF 3 (OVER) FORM 4 [ ] CHECK BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(b). U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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* 2. Issuer Name and Ticker or Trading Symbol Elcom International, Inc. - ELCO ----------------------------------------------------------------------------------------------------------------------- Crowell, Robert J. (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ----------------------------------------------------------- Number of Reporting Month/Year 10 Oceana Way Person (Voluntary) 5/2002 (Street) 5. If Amendment, Date of ----------------------------------------------------------- Original (Month/Year) Norwood, MA 02062 ----------------------------------------------------------- (City) (State) (Zip) 6. Relationship of Reporting Person to Issuer (Check all applicable) X Director X 10% Owner ----- ---- X Officer Other (specify ------ ----- below) Chairman & Chief Executive Officer 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 1 - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) (Instr. 3) Date Code or Disposed of (D) (Instr. 8) (Instr. 3, 4 and 5) (Month/Day/ Amount (A) or Price Year) Code V (D) Common Stock 5/23/02 P 5,000 A $.72 Common Stock 5/24/02 P 3,000 A $.64 Common Stock 5/24/02 P 2,000 A $.65 Common Stock 5/29/02 P 2,000 A $.62 Common Stock 5/29/02 P 1,100 A $.66 5. Amount of 6. Ownership 7. Nature of Securities Form: Indirect Beneficially Direct (D) or Beneficial Owned at End Indirect (I) Ownership of Month Instr. 3 and 4 (Instr. 4) (Instr. 3 and 4) 3,261,442 D 188,401 I By Trust 121,616 I (1) Explanation of Responses: (1) 121,616 shares are held by the Crowell Educational Foundation with respect to which Mr. Crowell shares voting and dispositive power. * 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 Responses) PAGE 2 OF 3 (OVER) FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)

~~FORM 4 U~~1.S. ~~SECURITIES~~Title ~~AND~~of ~~EXCHANGE~~Derivative ~~COMMISSION [ ] Check box if no longer WASHINGTON, D~~2.C. ~~20549~~Conver- ~~subject to Section 16~~3. ~~Form~~Trans- 4. orTrans- ~~Form~~ 5 ~~obligations may STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP continue~~. ~~See~~Number ~~Instruction~~of ~~1(b)~~6. ~~Filed~~Date ~~pursuant to Section 16(a) of the Securities and 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~~ Exer-~~-----------------------------------------------------------------------------------------------------------------------------------~~ 17. ~~Name~~Title and ~~Address~~Amount ofSecurity ~~Reporting | 2~~(Instr. ~~Issuer~~3) ~~Name~~sion ~~and Ticker~~ or ~~Trading~~action ~~Symbol~~action |Derivative 6.cisable ~~Relationship~~and of ~~Reporting~~Underlying ~~Person~~Exercise Person*Date |Code |Securities ~~to Issuer (Check all applicable) Crowell, Robert J. | Elcom International, Inc.~~ Ac- ~~ELCO~~Expiration |Securities ~~__X__~~Price ~~Director~~of ~~__X__ 10% Owner -------------------------------------------------------------------------------------------| __X__ Officer~~ (~~give~~Month/ ~~title~~quired ~~below)~~ (~~Last~~A) ~~(First)~~or Date (~~Middle)~~Instr. | 3. ~~IRS~~and ~~or Social |~~ 4.) ~~Statement~~Deriv- ~~for~~Day/ ~~| _____ Other~~ (~~specify~~Instr. ~~below~~8) |Disposed ~~Security~~of ~~Number |~~ (Month/~~Year | Chairman and Chief Executive Officer 10 Ocean Way | of Reporting | 12~~Day/~~2001~~ ~~|----------------------------------------~~ative ~~---------------------------------------|~~Year) ~~Person~~ (~~Voluntary~~D) ~~|-------------------------| 7. Individual or Joint/Group Filing (Street~~Year) ~~| | 5~~(Instr. ~~If Amendment~~3, |4 ~~(Check~~and ~~Applicable Line~~5) ~~| |~~ Date ofExpira- ~~Original~~Amount |or ~~_X_~~Exer- ~~Form~~tion ~~filed~~Title byNumber ~~One~~of ~~Reporting~~cisable ~~Person~~Date |Shares |Code ~~(Month/Year)~~V | ___ Form filed by More Than One Norwood, MA 02062 | | | Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ (~~City~~A) (~~State~~D) ~~(Zip)~~8. ~~TABLE~~Price I9. Num- ~~NON~~10. ~~DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED~~ Owner-~~-----------------------------------------------------------------------------------------------------------------------------------~~ 111. ~~Title~~Na- of ~~Security~~ber |of ~~2.Transaction~~ship |ture ~~3.Transaction~~Deriv- |Deriv- ~~4.Securities~~Form ~~Acquired(A) | 5.Amount~~ of ~~| 6.Owner~~In-| ~~7.Nature~~ative ~~(Instr.~~ative ~~3) | Date | Code | or Disposed~~ of ~~(D)~~De- |direct ~~Securities~~Secur- |Secur- ~~ship~~rivative |Bene- ofity |ities ~~(Month/Day/~~Secur- |ficial (Instr. 8)Bene- |ity; ~~(Instr.~~Own- ~~3, 4, and~~ 5) |Ficially ~~Beneficially|~~Direct ~~Form:~~ership |Owned ~~Indirect | Year~~(D) |or ~~| | Owned~~ at End| ~~Direct | Bene~~Indi- ~~| | --------------|--------------------------|~~ of Month |rect (DI) ~~or | ficial | | | | Amount |~~ (~~A) | Price | (~~Instr. ~~3 | Indirect| Owner- | | Code | V | | or | | and~~ 4) | (~~I) | ship | | | | | (D) | | |(~~Instr. 4)| (Instr. 4) ~~---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------~~Explanation ~~Common~~of ~~Stock~~Responses: |**Intentional ~~12/13/2001~~misstatements |or Pomissions |of |fact ~~25,000~~constitute |Federal ACriminal ~~| $1~~Violations.40 ~~| | | ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|--------- Common Stock | 12~~/14s/~~2001~~ |Robert ~~P | | 20,000 | A | $1~~J.53 |Crowell ~~| | ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|--------- Common Stock | 12~~6/193/~~2001~~02 |See P18 ~~| | 5,000 | A | $1~~U.~~63 | | | ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|--------- Common Stock | 12/28/2001 | P | | 13,300 | A | $1~~S.~~33 | | | ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|--------- Common Stock | 12/28/2001 | P | | 1,700 | A | $1~~C.35 |1001 |and |15 ~~---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|--------- Common Stock | 12/31/2001 | P | | 2,000 | A | $1~~U.36S.C. ~~| | | ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|--------- Common Stock | 12/31/2001 | P | | 8,000 | A | $1~~78ff(a).38 ~~| | |~~ ---------------------------------~~------|---------------|-------|-------|--------|------|----------|-------------|---------|---------~~ ~~| | | | | | | 3,326,442 | D |~~ ------~~---------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------~~ |**Signature |of |Reporting |Person |Date |Note: |File ~~188,401~~three |copies Iof ~~|By~~this ~~Trust ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | 121~~Form,~~616~~ |one Iof |which ~~(1)~~must ~~------------------------------------------------------------------------------------------------------------------------------------~~be *manually signed. If ~~the~~space ~~form~~provided is ~~filed by more than one Reporting Person~~insufficient, see Instruction ~~5(b)(v)~~6 ~~(Over) Reminder: Report on a separate line~~ for ~~each class of securities beneficially owned, directly or indirectly~~procedure. ~~(Print or Type Responses)~~

PAGE 3 OF 3

FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 1.Title of Derivative Security | 2.Conversion | 3.Transaction | 4.Transaction | 5.Number of | 6.Date Exer- | 7.Title and Amount (Instr. 3) | or Exercise | Date | Code | Derivative | cisable and | of Underlying | Price of | | (Instr. 8) | Securities | Expiration Date | Securities | Derivative | (Month/Day/ | | Acquired (A) | (Month/Day/Year) | (Instr. 3 and 4) | Security | Year) | | or Disposed | | | | | | of (D) |-------------------------------------- | | | | (Instr. 3, | Date | Expir- | | Amount or | | | | 4, and 5) | Exer- | ation | Title | Number of | | |---------------|--------------| cisable | Date | | Shares | | | Code | V | (A) | (D) | | | | ------------------------------------------------------------------------------------------------------------------------------------ | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | -------------------------------|--------------|---------------|-------|-------|------|-------|---------|--------|--------|---------- | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------ 8.Price of | 9.Number of | 10.Ownership | 11.Nature of | Derivative | Derivative | Form of | Indirect | Security | Securities | Derivative | Beneficial | (Instr. 5) | Beneficially | Security; | Ownership | | Owned at End | Direct (D) or | (Instr. 4) | | of Month | Indirect (I) | | | (Instr. 4) | (Instr. 4) | | -------------------------------------------------------------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | --------------|----------------|-------------------|---------------| | | | | ------------------------------------------------------------------- Explanation of Responses: (1) 121,616 shares are held by the Crowell Educational Foundation with respect to which Mr. Crowell shares voting and dispositive power. **Intentional misstatements or omissions of fact constitute Federal Criminal Violations. /s/ Robert J. Crowell 1/3/02 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------- **Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2

Filing Compare · CROWELL ROBERT J