U.S. 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(f) of the Investment Company Act of 1940
[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Caen Herve
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(Last) (First) (Middle)
c/o Titus Software Corporation, 20432 Corisco Street
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(Street)
Chatsworth California 91311
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Interplay Entertainment Corp. (IPLY)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
March/2002
June/2002
July/2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Chief Executive Officer and President
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Common Stock 3/15/02 C 47,492,162 A (1) I (2)
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Common Stock 6/10/02 S(3) 42,000 D $0.26 I (2)
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Common Stock 6/13/02 S(3) 98,700 D $0.26 I (2)
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Common Stock 6/14/02 S(3) 64,000 D $0.26 I (2)
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Common Stock 6/17/02 S(3) 34,000 D $0.26 I (2)
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Common Stock 7/09/02 S(4) 565,020 D $0.26 66,645,301(2) I (2)
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* 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 Response) (Over)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Series A Preferred Common 47,492,162
Stock (1) 3/15/02 C 383,354 Immed. Stock (1) -0- I (2)
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Explanation of Responses:
Explanation of Responses:
(1) Titus Interactive SA converted 383,354 shares of Series A Preferred Stock
on March 15, 2002. The shares of the Series A Preferred Stock were
convertible into a number of shares of Interplay's Common Stock determined
by dividing $27.80 by the Series A Conversion Price in effect on the date
of conversion. The original Series A Conversion Price was $2.78 but was
subject to adjustment pursuant to the terms of Interplay's Certificate of
Designation of Rights, Preferences, Privileges and Restrictions of Series A
Preferred Stock. The adjusted Series A Conversion Price on March 15, 2002
was $0.2244.
(2) By Titus Interactive SA ("Titus"). The reporting person is an officer,
director and principal shareholder of Titus. In such capacity, the
reporting person may be deemed to beneficially own shares of common stock
beneficially held by Titus, but disclaims such beneficial ownership, except
to the extent of his economic interest in these shares. This report shall
not be deemed an admission that the reporting person is the beneficial
owner of such securities for purposes of Section 16 or for any other
purpose.
(3) Titus sold these shares to its financial advisor to satisfy certain
contractual payment obligations.
(4) Titus sold these shares to its former legal counsel to satisfy certain
contractual payment obligations.
/s/ Herve Cain 8/09/02
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**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 provided is insufficient, see Instruction 6 for procedure.
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