4 1 d53139_form-4.txt FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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 |_| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* JOLLY HARIT -------------------------------------------------------------------------------- (Last) (First) (Middle) 100 PARK AVENUE -------------------------------------------------------------------------------- (Street) NEW YORK NY 10017 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol LAIDLAW GLOBAL CORPORATION ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ________________________________________________________________________________ 4. Statement for Month/Day/Year Jan. 2, 2003 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/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 ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================

5. Amount of 6. 4. 5.Securities Owner- Securities Acquired (A) or ~~Amount~~Beneficially of ship 2A. 3. Disposed of (D) ~~Securities~~Owned Form: 7. 2. Deemed Transaction (Instr. 3, 4 and 5) ~~Beneficially~~Following Direct Nature of 2.Trans- Execution Code ------------------------------- ~~Owned~~Reported ~~at End~~ (D) or Indirect 1. ~~Transaction~~action Date, if (Instr. 8) (A) ofTransaction(s) ~~Month~~ Indirect Beneficial Title of Security Date any ------------ ~~Amount~~ or ~~Price~~ (Instr. 3 & (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) ~~and~~Price Instr.4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ~~D ------------------------------------------------------------------------------------------------------------------------------------~~ Common Stock, ~~P.V. $0.00001 10~~12/2926/0102 ~~(1) P 4~~10,~~900~~000 AD $0.2507 1840,~~460,~~000 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, ~~P.V. $0.00001 09~~12/0427/0102 ~~(1) P 10~~50,000 AD $0.2406 1790,~~460,~~000 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, ~~P.V. $0.00001 09~~12/0530/0102 ~~(1) P 10~~15,000 AD $0.190633 1775,~~460,~~000 D ------------------------------------------------------------------------------------------------------------------------------------ ~~Common Stock, P.V. $0.00001 09/05/01 (1) P 100 A $0.19 1,460,000 D~~ ------------------------------------------------------------------------------------------------------------------------------------ ~~Common Stock, P.V. $0.00001 09/07/01 (1) P 15,000 A $0.16 1,460,000 D~~ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

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). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

109. 9Number 10. of Owner- ~~Number~~deriv- ship ofative Form 2. ~~Deriv~~Secur- of Conver- 5. 7. ~~ative~~ities Deriv- 11. sion Number of Title and Amount ~~Secur~~Bene- ative Nature or Derivative 6. of Underlying 8. ~~ities~~ficially Secur- of Exer- 3A. 4. Securities Date Securities Price ~~Bene-~~Owned ity: In- cise 3.Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ~~ficially~~Follow- Direct direct Price ~~Trans~~3. Execut- action or Disposed Expiration Date ---------------- Deriv- ~~Owned~~ing (D) or Bene- 1. of ~~action~~Trans- ion Code of (D) (Month/Day/Year) Amount ative atReported ~~End~~ In- ficial Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- ofTrans- direct Owner- Derivative ative ~~(Month/~~Date any 8) 4 and 5) Date Expira- Number ity ~~Month~~action(s) (I) ship Security Secur- ~~Day~~(mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity ~~Year~~yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ ~~Common~~ Stock ~~Option~~option $0.8325 0D 007/15/98 * 17/15/03 ~~Stock~~Common ~~375~~9000 159,000 ~~$0.00 537,700~~ D ------------------------------------------------------------------------------------------------------------------------------------ ~~Common~~ Stock ~~Option~~option $20.3325 0D 08/22/00 * 58/2822/0405 ~~Stock~~Common 62100,~~700~~000 ~~$0.00 537~~159,~~700~~000 D ------------------------------------------------------------------------------------------------------------------------------------ ~~Common~~ Stock ~~Option~~option $10.25 0D 01/2/01 * 81/222/0506 ~~Stock~~Common ~~100~~50,000 ~~$0.00 537~~159,~~700~~000 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

Explanation of Responses: /S/ HARIT JOLLY Jan. 2, 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.

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