KEVIN T. KEANE FORM 4

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FORM 4

 

                                            U.S. SECURITIES AND EXCHANGE COMMISSION
                                             Washington, D.C. 20549

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 of Section 30(f) of the Investment Company Act of 1940

1.  Name and address of Reporting Person*

KEANE KEVIN T.

 

2.  Issuer Name and Ticker or Trading Symbol

MOD-PAC. (MPAC)

6.  Relationship of Reporting Person to Issuer
     (Check all applicable)
   [ X ] Director              [X ] 10% Owner
   [ X ] Officer (give         [   ] Other (specify
           title below)                 below)

Chairman

(Last)                   (First)                (Middle)

1801 Elmwood Avenue

3.  I.R.S. Identification
     Number of Reporting
     Person, if an Entity
     (Voluntary)

4. Statement for Month/Day/Year

May 1, 2003

(Street)

Buffalo, NY  14207

5.  If Amendment, Date of Original (Month/Day/Year)

7.  Individual or Joint/Group Filing
     (Check applicable box)
[X ]  Form filed by One Reporting Person
[    ] Form filed by More than One Reporting
       person

(City)                   (State)                  (Zip)

 

Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.  Title of Security
     (Instr. 3)
2.  Transaction Date


Month/Day/
Year)
 
2A. Deemed Execution Date, if any


(Month/Day/ Year)
3. Transaction Code (Instr. 8)

4. Securities Acquired (A) or
    Disposed of (D)
    (Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transactions
(Instr. 3 and 4)
6.Ownership Form: Direct (D) or Indirect (I)



(Instr. 4)
7. Nature of Indirect Beneficial Ownership



(Instr. 4)




Code




V




Amount


(A)
or
(D)




Price

$01 Par Value Common Stock 4/30/03 P

500 Shares

$5.10 133,545

D

$01 Par Value Class B Stock        

243,236

D

 
$01 Par Value Common Stock 29,439

1

By Spouse
$01 Par Value Class B Stock              

12,414

1

By Spouse
                     

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).

Potential 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.
 

Form 4 (continued)            Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                                                    (e.g., puts, calls, warrants, options, convertible securities)

1.  Title of Derivative Security (Instr. 3) 2.Conver-sion or
Exercise
Price of
Deri-
vative
Security
 
3.Trans-action
Date

(Month/
Day/
Year)
 
3A.
Deemed
Execution
Date, if any
(Month/
Day/
Year)
4.Trans-action
Code
(Instr.8)
5. Number
of Derivative Securities Ac-
quired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6.Date Exercisable
and Expiration
Date
(Month/Day/Year)
7.Title and Amount
of Underlying
Securities
(Instr. 3 and 4)
8. Price
of
Deriv-
ative
Secur-
ity
(Instr. 5)

 

9.Number
of deriv-
Secur-
ities
Bene-
ficially
Owned Follow-
ing
Reported
Trans-
action(s)
(Instr. 4)
10.Owner-ship
Form of Deriv-
ative
Security
Direct
(D) or
Indirect (I)
(Instr. 4)
11. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)


Code



V



(A)


(D)
Date Exer-
cisable
Expira-
tion
Date


Title

Amount or
Number of Shares
                               
                               
                               
                               
                               

 

Explanation of Responses:

*Mr. Keane disclaims any beneficial interest in the shares held by his wife.

 

**  Intentional misstatements or omissions of facts constitute Federal Criminal Violations
     See 18 U.S.C. 1001 and 15 U.S.C/ 78ff(a).

/s/ C. Anthony Rider, as Power of Attorney for
KEVIN T. KEANE

 

May 1, 2003

     Signature of Reporting Person

Date

       
 

C. Anthony Rider, as Power of Attorney for
KEVIN T. KEANE

   
       
Note:  File three copies of this Form, one of which must be manually signed.  If space provided is insufficient,
see Instruction 6 for procedure.
   

Potential 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.