UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Dawson, Charles 13 Ashford Court Spring Lake, NJ 07762 2. Issuer Name and Ticker or Trading Symbol Five Star Products, Inc. FSPX 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year November 28, 2001 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) President 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person

Explanation of Responses: *Exercisable, cumulatively at the rate of 20% per annum, commencing on the date of grant. SIGNATURE OF REPORTING PERSON Lydia M. DeSantis for Charles Dawson DATE May 30, 2002

DAWSON CHARLES 4