FORM 5 OMB APPROVAL
|_|Check box if no longer OMB Number: 3235-0362
subject to Section 16. Form 4 or Expires: January 31, 2005
Form 5 obligations may continue. Estimated average burden
See Instruction 1(b). hours per response...1.0
|_|Form 3 Holdings Reported
|_|Form 4 Transactions Reported
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL 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* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
Slade's Ferry Bancorp (SFBC) [X] Director [ ] 10% Owner
Veloza Charles [ ] Officer (give title below)
----------------------------------------- ------------------- ---------------------- [ ] Other (specify below)
(Last) (First) (Middle) 3. I.R.S. Identi- 4. Statement for _____________________________
fication Number Month/Year ---------------------------------------
100 Plymouth Boulevard of Reporting 12/2002 7. Individual or Joint/Group Reporting
----------------------------------------- Person, if an ---------------------- (check applicable line)
(Street) entity 5. If Amendment, [ ] Form filed by One Reporting Person
(Voluntary) Date of Original [ ] Form filed by More than One
(Month/Year) Reporting Person
Westport MA 02790
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(City) (State) (Zip)
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security |2. Transaction|3. Trans- |4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature of
(Instr. 3) | Date | action | or Disposed of (D) | Securities | ship Form:| Indirect
| (Month/Day/| Code | (Instr. 3, 4 and 5) | Beneficially | Direct (D)| Beneficial
| Year) | (Instr. 8)| | | | Owned at | or | Ownership
| | | | | Price | end of Issuer's| Indirect | (Instr. 4)
| | | |(A) or| | Fiscal Year | (I) |
| | | Amount |(D) | | (Instr. 3 and 4| (Instr.4) |
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Common stock; $.01 | | | | | | | |
par value | | | | | | 125,910 | D |
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* If the form is filed by more than one reporting person, see instruction
4(b)(v).
SEC 2270 (7/02)
Persons who respond to the collection of information contained in this form
are not required to respond unless the form displays a currently valid OMB
control nummber.
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FORM 5 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1.Title of Derivative|2.Conver- |3.Trans- |4.Trans-|5.Number of|6.Date Exer- |7.Title and |8.Price |9.Number |10.Own- |11.Nature
Security |sion or |action |action |Derivative |cisable and |Amount of |of Deri-|of Deriva-|ership |of Indir-
(Instr. 3) |Exercise |Date |Code |Securities |Expiration |Underlying |vative |tive |of De- |ect Bene-
|Price of |(Month/ |(Instr. |Acquired(A)|Date(Month/ |Securities |Secu- |Securities|rivative |ficial
|Derivative|Day/Year)|8) |or Disposed|Day/Year) | | |rity |Benefi- |Securi- |Ownership
|Security | | |of (D) |Date |Expir-| |Amount|(Instr. |ficially |ty: Di- |(Instr.
| | | |(Instr. 3, |Exer- |ation | |or |5) |Owned at |rect (D) |4)
| | | |4, and 5) |cisa- |Date | |Number| |End of |or Indi- |
| | | | (A) | (D) |ble | | |of | |Year |rect (I) |
| | | | | | | |Title |Shares| |Instr. 4) |Instr. 4)|
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| | | | | | | |Common| | | | |
| | | | | | | |Stock | | | | |
| | | | | | | |($.01 | | | | |
Option (right to | | | | | |4/9/ |4/10/ |par | | | | |
Buy) | 14.15 | 4/9/02 | A | 20 | |02 |07 |value)| 2000 | 0 | 102 | D |
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Explanation of Responses:
A. Incentive Stock Option Plan
/s/ Charles Veloza 02/01/03
_________________________________ _______________
** Signature of Reporting Person Date
By authorized signator:
/s/ Isola A. Anctil
_________________________________
** 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 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.
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