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OMB APPROVAL
[ ] Check this box if no longer ------------------------------
subject to Section 16. Form 4 or OMB Number 3235-0287
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See Instruction 1(b). Estimated average burden
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Bronson, Steven N.
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(Last) (First) (Middle)
10 South Street, Suite 202,
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(Street)
Ridgefield, CT 06877
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Ridgefield Acquisition Corp. ("RDGA")
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3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
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4. Statement for Month/Day/Year
March 21, 2003
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [X] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
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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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5. 6.
2A. 4. Amount of Owner-
2. Deemed 3. Securities Acquired (A) or Securities ship 7.
Trans- Execution Trans- Disposed of (D) Beneficially Form: Nature of
action Date, if action (Instr. 3, 4 and 5) Owned Direct Indirect
Date any Code ----------------------------- Following (D) or Beneficial
1. (Month/ (Month/ (Instr. 8) (A) Reported Indirect Owner-
Title of Security Day/ Day/ ----------- Amount or Price Transaction(s) (I) ship
(Instr. 3) Year) Year) Code V (D) (Instr. 3 and 4) (Instr.4) (Instr. 4)
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Explanation of Responses:
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).
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 Deriv- Form
ative of
5. 7. Secur- Deriv- 11.
Number of Title and Amount ities ative Nature
Derivative 6. of Underlying 8. Bene- Secur- of
2. 3a. 4. Securities Date Exer- Securities Price ficially ity: In-
Conver- 3. Deemed Trans- Acquired (A) cisable and (Instr. 3 and 4) of Owned Direct direct
sion or Trans- Execution action or Disposed Expiration Date ---------------- Deriv- Following (D) or Bene-
1. Exercise action Date, if Code of(D) (Month/Day/Year) Amount ative reported In- ficial
Title of Price of Date any (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative Deri- (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security vative Day/ Day/ ------- ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) Security Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Common
Option $1.25 2-15-03 E 25,000 2-15-03 Stock 25,000 $1.25 95,000 I
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Common
Option $1.65 3-21-03 A 150,000 3-21-03 3-20-08 Stock 150,000 $1.65 245,000 I
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Explanation of Responses:
/s/ Steven N. Bronson March 25, 2003
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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).