U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 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(f) of the Investment Company Act of 1940 [_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* Leenhouts Norman P. -------------------------------------------------------------------------------- (Last) (First) (Middle) 1230 Fairway 18 -------------------------------------------------------------------------------- (Street) Macedon New York 14502 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Home Properties of New York, Inc. (HME) ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year May 2002 (Amended) ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) June 7, 2002 ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [x] Director [_] 10% Owner [x] Officer (give title below) [_] Other (specify below) Chairman, Co-Chief Executive Officer ________________________________________________________________________________ 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 I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================ 6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 04/10/02 M 1,082(1) A ----------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/08/02 S 1,000 D $35.604 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/08/02 S 1,082 D $35.9371 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/10/02 S 1,000 D $35.16 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/13/02 S 1,000 D $34.712 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/14/02 S 1,000 D $34.868 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/15/02 S 1,000 D $35.052 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/16/02 S 1,000 D $34.40 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/17/02 S 1,000 D $34.25 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/20/02 S 1,000 D $34.30 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/21/02 S 1,000 D $34.19 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/22/02 S 1,000 D $34.047 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/23/02 S 1,000 D $34.95 137,433 D ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/13/02 S 500 D $35.93 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 05/17/02 S 200 D $35.05 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 06/03/02 S 250 D $33.83 ---------------------------------------------------------------------------------------------------------------------------------- Common Stock, Par value $.01 06/04/02 S 250 D $34.78 8,902 I shares in custodial account for minor grand- children (2) ==================================================================================================================================== * 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. (Print or Type Response) (Over) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================ 10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited (3) * * * * * * * * * * 467 D Partnership ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited (3) * * * * * * * * * * 4,005 I Leenhouts Partnership Ventures(4) ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited (3) * * * * * * * * * * 214,688 I Home Partnership Leasing(5) ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited (3) * * * * * * * * * * 50,000 I spouse Partnership (2) ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase $26.50 * * * * * * * * * * 15,000 D Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase $25.1250 * * * * * * * * * 6,000 D Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase $27.1250 * * * * * * * * * 48,186 D Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase $31.3750 * * * * * * * * * 50,000 D Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase $30.15 * * * * * * * * * 50,000 D Common Stock ------------------------------------------------------------------------------------------------------------------------------------ Phantom Stock Unit 1-for-1 04/10/02 M 1,083 04/10/02 04/10/02 Common 1,083 7,024(6) D Stock ----------------------------------------------------------------------------------------------------------------------------------- ==================================================================================================================================== Explanation of Responses: * Previously reported (1) Represents settlement of phantom stock units pursuant to the Issuer's Deferred Bonus Plan. (2) The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. (3) Units of Limited Partnership interests in Home Properties of New York, L.P. a New York limited partnership of which the Issuer is the general partner. The Reporting Person has the right to redeem the units for cash. The Issuer may elect to acquire the Units to be redeemed for shares of Common Stock at the rate of one Unit for one share of Common Stock or cash, at the option of the Issuer. (4) Norman Leenhouts is a general partner of Leenhouts Ventures. Represents his proportionate interest in that entity. (5) Norman Leenhouts is a director, shareholder and Chairman of Home Leasing Corporation. Represents his proportionate interest in that entity. (6) Represents shares accrued through December 31, 2001 to the Reporting Person's account pursuant to the Issuer's Deferred Bonus Plan less 1,082 shares subsequently issued on settlement and 1 share used to pay a portion of the taxes due on the settled shares. /s/ Norman P. Leenhouts by Ann M. McCormick attorney-in-fact August 30, 2002 --------------------------------------------- ----------------------- **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). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Alternatively, this form is permitted to be submitted to the Commission in electronic format at the option of the Reporting Person pursuant to Rule 101(b) (4) of Regulation S-T. Page 2