------ ------------------------------- FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL ------ WASHINGTON, D.C. 20549 ------------------------------- OMB Number 3235-0287 |_| Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: January 31,2005 no longer subject Estimated average burden to Section 16. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, hours per response........0.5 Form 4 or Form 5 Section 17(a) of the Public Utility Holding Company Act of 1935 ------------------------------- obligations may or Section 30(h) of the Investment Company Act of 1940 continue. See Instruction 1(b) (Print or Type Responses) ------------------------------------------------------------------------------------------------------------------------------------ 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) Atkins William T. AmeriVest Properties, Inc. (AMV) X Director X 10% Owner ------------------------------------------------------------------------------------- --- --- (Last) (First) (Middle) 3.IRS or Social Security 4.Statement for X Officer (give Other (Specify Number of Reporting Month/Day/Year --- title below) --- below) Person, if an entity (Voluntary) 9/5/02 CEO 1780 South Bellaire Street, Suite 515 --------------------------- ----------------------------------------- N/A ---------------------------------------------------------------- (Street) 5.If Amendment, 7.Individual or Joint/Group Filing Date of Original (Check applicable line) (Month/Day/Year) X Form filed by One Reporting Person Denver Colorado 80222 --- ----------------------------------------- Form filed by More than One (City) (State) (Zip) --- Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1.Title of Security 2.Trans- 2A.Deemed 3.Transaction 4.Securities Acquired (A) 5.Amount of 6.Ownership 7.Nature of (Instr. 3) action Execu- Code or Disposed of (D) Securities Form: Indirect Date tion Date (Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct Beneficial (if any) --------------------------------------------- Owned Follow- (D) or Ownership (Month/ (Month/ ing Reported Indirect (Instr. 4) Day/ Day/ Code V Amount (A) or Price Transaction(s) (I) Year) Year) (D) (Instr. 3 and 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 9/5/02 P 52,893 A $6.05 1,580,549 I (a) ------------------------------------------------------------------------------------------------------------------------------------ 28,325 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 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). (Over) SEC 1474 (10-02) 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- 3A. Deemed 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount Security sion or action Execu- action Derivative cisable and of Underlying (Instr. 3) Exercise Date tion Code Securities Expiration Securities Price of Date, (Instr. 8) Acquired (A) or Date (Instr. 3 and 4) Deriv- (Month/ if any Disposed of (D) (Month/Day/ ative Day/ (Instr. 3, 4, Year) Security Year) (Month/ and 5) Day/ -------------------------------------------------------------------- Year) Date Expira- Amount or Code V (A) (D) Exer- tion Title Number of cisable Date Shares ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 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 8. Price 9. Number of 10. Ownership 11. Nature of Security of Derivative Form of Indirect (Instr. 3) Deriv- Securities Derivative Beneficial ative Beneficially Security: Ownership Security Owned Follow- Direct (D) or (Instr. 4) (Insr. 5) ing Reported Indirect (I) Transaction(s) (Instr. 4) (Instr. 4 -------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------- Explanation of Responses: (a) Common stock owned by entities in which reporting person has an indirect pecuniary interest. Reporting person disclaims beneficial ownership over an aggregate of 1,286,987 shares of common stock. /s/ DEBORAH J. FRIEDMAN 10/03/02 ------------------------------------ ----------- Reminder: Report on a separate line for each class of securities beneficially Deborah J. Friedman Date owned directly or indirectly Attorney-in-Fact * 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, one of which must be manually signed. 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. Page 2