------ FORM 4 ------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION --------------------------------------- WASHINGTON, DC 20549 OMB APPROVAL --------------------------------------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287 / / CHECK BOX IF NO Expires: Pending LONGER SUBJECT TO Filed pursuant to Section 16(a) of the Securities Estimated average burden SECTION 16. FORM 4 Exchange Act of 1934, Section 17(a) of the hours per response ................ 0.5 OR FORM 5 OBLIGATIONS Public Utility Holding Company Act of 1935 MAY CONTINUE. SEE or Section 30(f) of the Investment Company INSTRUCTION 1(b). Act of 1940 ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) Beshouri Peter Tweeter Home Entertainment Group, Inc. TWTR to Issuer (Check all applicable) --------------------------------------------- ---------------------------------------------- X Director 10% Owner (Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- --- 40 Pequot Way Number of Reporting Month/Year X Officer (give Other (Specify --------------------------------------------- Person, if an Entity November 2001 ---- title --- below) (Street) (Voluntary) ------------------ below) Canton, MA 02021 5. If Amendment, President of Sound Advice, Inc. (an --------------------------------------------- Date of Original indirect wholly owned subsidrary of (City) (State) (Zip) (Month/Year) Tweeter. ------------------ -------------------------------------- 12/10/01 7. Individual or Joint/Group Filing (Check applicable line) X Form filed by one ---- Reporting Person Form filed by more than ---- one Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 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 Month Direct Benefi- (Month/ (Instr. 3 and 4) (D) or cial Day/ --------------------------------------- Indirect Owner- Year) Code V Amount (A) or Price (I) ship (D) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/14/01 P(1) 35,000 A 1.89 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/15/01 P(1) 5,000 A 1.89 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/26/01 P(1) 15,000 A 1.89 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/27/01 P(1) 20,000 A 1.89 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/14/01 S 20,000 D 18.02 352,567 D ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 11/14/01 S 5,000 D 19.00 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/14/01 S 10,000 D 19.01 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/15/01 S 5,000 D 20.00 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/26/01 S 15,000 D 23.50 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/27/01 S 10,000 D 24.00 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/27/01 S 10,000 D 24.00 352,567 D ------------------------------------------------------------------------------------------------------------------------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). 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 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 Expiration Securities Deriv- Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative Deriv- Day/ 8) or Disposed (Month/Day/ Secur- ative Year) of (D) Year) ity Security (Instr. 3, (Instr. 5) 4, and 5) ----------------------------------- Date Expira- Amount or ---------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares ------------------------------------------------------------------------------------------------------------------------------------ Option 1.89 11/14/01 X 35,000 8/1/01 Common 35,000 1.89 Stock ------------------------------------------------------------------------------------------------------------------------------------ Option 1.89 11/15/01 X 5,000 8/1/01 Common 5,000 1.89 Stock ------------------------------------------------------------------------------------------------------------------------------------ Option 1.89 11/26/01 X 15,000 8/1/01 Common 15,000 1.89 Stock ------------------------------------------------------------------------------------------------------------------------------------ Option 1.89 11/27/01 X 20,000 8/1/01 Common 20,000 1.89 Stock ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------- Option 180,000 D ------------------------------------------------------------------------------------------------------- Option 180,000 D ------------------------------------------------------------------------------------------------------- Option 180,000 D ------------------------------------------------------------------------------------------------------- Option 180,000 D ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- Explanation of Responses: (1) Exercise of Non Qual Options. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. * See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------- **Signature of Reporting Person Date * By: /s/ Joseph McGuire 1/10/02 ------------------------------- -------- Joseph McGuire Date Attorney-in Fact 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. 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