| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 02/23/2004 |
3. Issuer Name and Ticker or Trading Symbol
SONEX RESEARCH INC [ SONX ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock(1) | 200,000 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Option (Right to Buy) | 02/23/2004 | 02/22/2014 | Common Stock | 100,000 | 0.25 | D | |
| Stock Option (Right to Buy) | 08/23/2004 | 02/22/2014 | Common Stock | 100,000 | 0.5 | D | |
| Stock Option (Right to Buy) | 02/23/2005 | 02/22/2014 | Common Stock | 100,000 | 1 | D | |
| Stock Option (Right to Buy) | 08/23/2005 | 02/22/2014 | Common Stock | 100,000 | 1.5 | D | |
| Stock Option (Right to Buy) | 02/23/2006 | 02/22/2014 | Common Stock | 100,000 | 2 | D | |
| Explanation of Responses: |
| 1. Represents shares acquired by Mr. Posey pursuant to his employment agreement for $.01 per share upon his hiring. Does not include the following shares issued or issuable to Mr. Posey under his employment agrement: 600,000 shares issued for $.01 per share which are held in escrow until they vest 200,000 shares at a time on May 31, 2004, August 31, 2004, and November 30, 2004, respectively, with continued employment; and 200,000 shares issuable on February 22, 2005 for $.01 per share. |
| Roger D. Posey | 07/13/2004 | |
| ** Signature of Reporting Person | Date | |
| 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 5 (b)(v). | ||
| ** 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. | ||
| 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 Number. | ||