| 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, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Pappas, Philo
(Last) (First) (Middle)
40 Pequot Way
(Street)
Canton, MA 02021
(City) (State) (Zip)
United States
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2. Date of Event
Requiring Statement
(Month/Day/Year)
April 21, 2003
3. I.R.S. Identification
Number of Reporting
Person, if an entity
(voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Tweeter Home Entertainment Group, Inc. TWTR
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable) Director
10% Owner
X Officer
Other
Officer/Other
Description
Sr. Vice President/Chief Merchandising Officer
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6. If Amendment, Date of
Original (Month/Day/Year)
7. Individual or Joint/Group
Filing (Check Applicable Line) X Individual Filing
Joint/Group Filing
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Table I - Non-Derivative Securities Beneficially Owned
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1. Title of Security
(Instr. 4)
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2. Amount of Securities Beneficially Owned
(Instr. 4)
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3. Ownership Form :
(D) Direct
(I) Indirect (Instr. 5) |
4. Nature of Beneficial Ownership
(Instr. 5)
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| Common Stock | 270,000.00 (1) | D |
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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).
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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. |
(over)
SEC 1473 (7-02) |
| Pappas, Philo - April 21, 2003 |
| Form 3 (continued) |
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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)
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2. Date Exercisable(DE) and Expiration Date(ED)
(DE) | (ED)
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3. Title and Amount of of Underlying Security
(Instr. 4)
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4. Conversion or
Exercise Price
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5. Ownership
Form
(D) Direct
or
(I) Indirect
(Instr. 5)
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6. Nature of Indirect
Beneficial Ownership
(Instr. 5)
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| Stock Options | 04/21/2003 (2) | 04/21/2008 | Common Stock - 120,000.00 | $4.70 | D | |
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** 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.
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By: /s/ Joseph McGuire Attorney-in-fact
________________________________ 04-29-2003 ** Signature of Reporting Person Date
Power of Attorney Page 2
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| Pappas, Philo - April 21, 2003 |
| Form 3 (continued) |
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FOOTNOTE Descriptions for Tweeter Home Entertainment Group, Inc. TWTR Form 3 - April 2003 Philo Pappas
40 Pequot Way Canton, MA 02021 Explanation of responses: (1) Issued in conjunction with employment agreement dated April 21, 2003. 162,000 shares vested upon issuance. 54,000 shares vest on February 1, 2004 and 54,000 shares vest on February 1, 2005 provided Mr. Pappas is still employed with the Company. (2) Issued in conjunction with employment agreement dated April 21, 2003. Options for 48,000 shares vested upon issuance and expire April 21, 2006. Options for 36,000 shares vest on April 21, 2004 and expire April 21, 2007. Options for 36,000 shares vest on April 21, 2005 and expire April 21, 2008. Exercise price determined per employment offer, dated March 28, 2003, to be the lowest closing price between the period March 28, 2003 through April 25, 2003. |
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