FORM 4

FORM 4

£     Check this box if no longer
        subject to Section 16. Form 4
        or Form 5 obligations may
        continue. See Instruction 1(b).

        (Print or Type Responses)

UNITED STATES 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 or Section 30(f) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person*                         


Regensburg, Anthony S.

2. Issuer Name and Ticker or Trading Symbol

                  
Uni-Marts, Inc.                                      UNI

6. Relationship of Reporting Person(s) to Issuer
       Check all applicable)

   X   
  Director                          10% Owner
           Officer (give                    Other (specify below)
            title below)

                                                                                      

(Last)                                 (First)                             (Middle)

c/o Uni-Marts, Inc.
477 East Beaver Avenue

3. I.R.S. Identification Number of
      Reporting Person, if an entity
      (voluntary)

                   
091-22-4045

4. Statement for Month/Year

            
February 27, 2003

(Street)


State College, PA 16801

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

7. Individual or Joint/Group Filing (Check Applicable Line)
   X   
  Form filed by One Reporting Person
          Form filed by More than One Reporting Person

(City)                                 (State)                                  (Zip)

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

1. Title of Security
(Instr. 3)

 

2.  Transaction
     Date

    (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
    B eneficially
    Owned at
    End of
    Month

     (Instr. 3 and 4)

6. Ownership
    Form:
    Direct (D) or
    Indirect (I)
    (Instr. 4)

7) Nature of Indirect
    Beneficial Ownership

Code

V

Amount

(A) or
(D)

Price

Common Stock

2/27/03

A

 

3,875

A

$1.29

13,715

D

 
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   

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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)

4. Trans
    action
    Code
    (Instr. 8)

5. Number of Deriv-
    ative Securities Ac-
    quired (A) or Dis-
    posed 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
    Deri-
    vative
    Secur-
    ity
    (Instr.
    5)

9. Number
    of deriv-
    ative
    Secur-
    ities
    Bene-
    ficially
    Owned at
    End of
    Month
    (Instr. 4)

10. Owner-
      ship
      Form of
      Deriv-
      ative
      Security
      Direct
      (D) or
      Indirect
      (I)
      (Instr.4)

11. Nature
     of
     Indirect
     Benefi-
     cial
     Owner-
     ship
     (Instr.4)

Code

V

(A)

(D)

Date
Exercisa
ble

Expiration
Date

Title

Amount
or
Number
of
Shares

Option - Right to Buy

$1.125

         

10/1/00

9/30/09

Common Stock

6,000

 

6,000

D

 

Option - Right to Buy

$1.50

         

2/24/01

2/23/10

Common Stock

2,500

 

2,500

D

 

Option - Right to Buy

$2.15

         

2/22/02

2/21/11

Common Stock

3,000

 

3,000

D

 

Option - Right to Buy

$2.55

         

2/21/03

2/20/12

Common Stock

3,500

 

3,500

D

 

Option - Right to Buy

$1.29

2/27/03

A

 

4,000

 

2/27/04

2/26/13

Common Stock

4,000

 

4,000

D

 
                             
                             
                             
                             
                             
                             
                             

Explanation of Responses:



 

          /s/ N. Gregory Petrick           
**Signature of Reporting Person

       February 28, 2003      
Date

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).

**

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, on of which must be manually signed. If space is insufficient, see Instruction 6 for procedure

 

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