This Form 4 Amendment replaces the Form 4 timely filed on May 10, 2000, which inadvertently was filed using William Lansing's CIK number (a Director of BigStar Entertainment, Inc.). This amendment also includes additional data under Item 9 of Table II (No. of Derivative Securities Beneficially Owned at End of Month).
---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL ---------------------------- - - -------- Washington, D.C. 20549 OMB Number 3235-0287 FORM 4 Expires: December 31, 2001 - - -------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden hours per response. . . .0.5 ---------------------------- [ ] Check this box if no Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the longer subject to Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). - - ---------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address of Reporting | 2. Issuer Name and Ticker or | 6. Relationship of Reporting Person(s) to Issuer Person* | Trading Symbol | (Check all applicable) | | | | [X] Director [ ] 10% Owner Stuart Goldfarb | BigStar Entertainment, Inc./BGST | [ ] Officer (give [ ] Other (specify - - --------------------------------------------------------------------------------| title below) below) (Last) (First) (Middle) | 3. IRS or Social Security| 4. Statement for | | Number of Reporting | Month/Year | | Person (Voluntary) | | | | 04/00 | 19 Fulton Street, 5th Floor | |----------------------------------------------------------------------- - - -------------------------------| | 5.If Amendment, | 7. Individual or Joint/Group Filing (Street) | | Date of Original| (Check Applicable Line) | | (Month/Year) | [X] Form filed by One Reporting Person New York, NY 10038 | | 04/00 [ ] Filed by More than One Reporting Person - - ---------------------------------------------------------------------------------------------------------------------------------- (City) (State) Zip) | Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - - ---------------------------------------------------------------------------------------------------------------------------------- 1. Title of Security | 2. Trans-| 3. Trans- | 4. Securities Acquired | 5. Amount of | 6. Owner- |7. Nature (Instr. 3) | action| action | (A) or Disposed of (D)| Securities | ship | of In- | Date | Code | (Instr.3, 4 and 5) | Beneficially| Form: | direct | (Month/| (Instr. 8)| | Owned at | Direct | Beneficial | Day/ |-----------------------------------------| End of Month| (D) or | Owner- | Year) | | | | (A) or | | | Indirect | ship | | Code | V | Amount | (D) | Price| (Instr.3 | (I) | | | | | | | | and 4) | (Instr.4)| (Instr.4) - - ---------------------------------------------------------------------------------------------------------------------------------- Common Stock | | | | | | | 1,428,571 (1) | (I) | (I) | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- See Attached 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). 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 control number. (Over) FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) - - ---------------------------------------------------------------------------------------------------------------------------------- 1.Title of |2.Conver- |3.Transac-|4.Transac-|5.Number |6. Date Exer-|7.Title and |8.Price |9.Number |10.Owner- |11.Nature Derivative | sion or | tion | tion | of Der- | cisable | Amount of | of | of Deriv-| ship | of Security | Exercise| Date | Code | ivative | and Exp- | Underlying | Deriv-| ative | Form of | Indirect (Instr. 3) | Price of| | (Instr.8)| Securi- | iration | Securities | ative | Secur- | Deriv- | Benefi- | Deriv- | (Month/ | | ities | Date | (Instr.3 | Secur-| ities | ative | cial | ative | Day/ | | Acquired | (Month/ | and 4) | ity | Bene- | Security:| Owner- | Security| Year) | | (A) or | Day/Year) | | (Instr.| ficially | Direct | ship | | | | Disposed | | | 5) | Owned | (D) or | (Instr.4) | | | | of(D) |-----------------------------| | at End | Indirect | | | | | (Instr.3,|Date |Expir|Title|Amount or| | of | (I) | | | | | 4 and 5):|Exer- |ation| |Number of| | Month | (Instr.4)| | | |----------------------|cisable|Date | |Shares | | (Instr.4) | | | | | Code | V | (A) |(D) | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- Options to |$2.75 |4/12/00 | A | |35,000| |05/12/ |04/12|Common|35,000 | |35,000 | D | purchase | | | | | | |00-4/12|05 |Stock | | | | | common stock /01 (2) - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- | | | | | | | | | | | | | | | | | | | | | | | | | | | | - - ---------------------------------------------------------------------------------------------------------------------------------- /s/ Stuart Goldfarb May 25, 2000 ---------------------------------- ----------------- **Signature of Reporting Person Date Explanation of Responses: (1) Mr. Goldfarb serves on the board of directors of ValueVision International, Inc., which currently owns 1,428,571 shares of common stock of BigStar Entertainment, Inc. Mr. Goldfarb disclaims beneficial ownership of these shares of common stock. (2) These options vest monthly from May 12, 2000 through March 12, 2001 at the rate of 2,917 per month with the remainning 2,913 vesting on April 12, 2001. **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. 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. Page 2