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FORM 5
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/ / Check box if no U.S. SECURITIES AND EXCHANGE COMMISSION
longer subject to WASHINGTON, DC 20549
Section 16. Form
4 or Form 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
obligations may
continue. See Filed pursuant to Section 16(a) of the Securities
Instruction 1(b) Exchange Act of 1934,
/ / Form 3 Holdings Section 17(a) of the Public Utility
Reported Holding Company Act of 1935 or Section 30(f) of
/X/ Form 4 the Investment Company Act
Transactions of 1940
Reported
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Alawas, Kamal International Star, Inc. (OTC-BB: ISRI) Issuer (Check all applicable)
--------------------------------------------------------------------------------------------- X Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
Number of Reporting Month/Year X Officer (give Other (Specify
Person (Voluntary) ---- title --- below)
631 N. Stephanie St. #187 12 / 2000 below)
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(Street) 5. If Amendment,
Date of Original
Henderson NV 89014 (Month/Year) 7. Individual or Joint/Group Filing
------------------------------------------- (Check Applicable Line)
(City) (State) (ZIP) ------------------- X
-- Form Filed by One Reoporting Person
-- Form Filed by more than 1 Reporting
Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Issuer's Direct Benefi-
(Month/ Fiscal Year (D) or cial
Day/ ---------------------------- (Instr. 3 and 4) Indirect Owner-
Year) Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Common Stock, par value $0.01 3/13/00 P 4 2,500,000 A 900,000 D
per share ("Common Stock") (See Note 1)
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Note 1. Transaction date reported is the date the Issuer became subject to the
reporting requirements of the Securities Exchange Act of 1934 via the effective
of its registrations statement on Form 10-SB.
*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. (Over)
(Print or Type Responses) (Bulletin No. 177, 10-15-97)
FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
--------------- Exer- tion Title Number of
(A) (D) cisable Date Shares
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Common Stock $.25 11/7/2000 P 1,180,000 (A) 11/7/00 11/7/05 Common 1,180,000 See Note 2
Purchase Options Stock
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1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative of Derivative Indirect
(Instr. 3) Securities Security: Beneficial
Beneficially Direct (D) Ownership
Owned at End or Indirect (I) (Instr. 4)
of Year (Instr. 4)
(Instr. 4)
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Common Stock 1,180,000 D n/a
Purchase Options
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Explanation of Responses:
Note 2: The Company did not recognize any compensation expense in connection
with the issuance of these options, as the Company values their issuance under
the "intrinsic value method", and option price exceeded or equalled the market
price of the underlying stock at the time of the grant.
/s/ Kamal Alawas Aug. 22, 2001
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**Signature of Reporting Person Date
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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.
Page 2
If space provided is insufficient, see Instruction 6 for procedure.
(Bulletin No. 177, 10-15-97)