UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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(h) 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* Nano John B. -------------------------------------------------------------------------- (Last) (First) (Middle) 30 Stone Fence Lane -------------------------------------------------------------------------- (Street) Stamford, CT 06903 --------------------------------------------------------------------------- (City) (State) (Zip) ___________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Competitive Technologies, Inc. (CTT) ___________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) ___________________________________________________________________________ 4. Statement for Month/Day/Year April 11, 2003 ___________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/Year) ___________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [x] Director [ ] 10% Owner [x] Officer (give title below) [ ] Other (specify below) President and 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 +------------+---------+----------+----------+--------------------------+------------------+------------+-----------------------+ |1. Title |2.Trans- |2A. |3.Trans- |4.Securities Acquired (A) |5. Amount of |6.Owner- |7. Nature of | | of | action |Deemed | action | or Disposed of (D) | Securities | ship | Indirect | | Security | Date |Execution | Code | (Instr. 3,4 and 5) | Beneficially | Form: | Beneficial | | (Instr.3)| |Date, if |(Instr. 8)| | Owned Following| Direct | Owner- | | | (Month/|Any | | | Reported | (D) or | ship | | | Day/ |(Month/Day+-----+----+--------+-----+-----------| Transaction(s) | Indirect(I)| | | | Year) |Year) |Code | V |Amount |(A) |Price | (Instr. 3 and 4) | (Instr. 4) | (Instr. 4) | | | | | | | | or | | | | | | | | | | | |(D) | | | | | +------------+---------+----------+-----+----+--------+-----+-----------+------------------+------------+-----------------------+ Common Stock 4/11/03 P 5,000 A $1.95 5,000 I Wife, UGMA account for son. 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) TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) +----------+-------+------+-------+---------+------------+----------------+-------------+---------+---------+---------+---------+ |1. |2. |3. | 3A. |4. |5 |6. |7. |8. |9.Number |10. |11. | | | | | | | | | | |of Deriv-| | | | | | | | | | |Title and | |ative | | | | |Conver-| | | | | |Amount of | |Secur- |Owner- | | | |sion | | | |Number of | |Underlying | |ities |ship | | | |or | | | |Derivative |Date Exer- |Securities | |Bene- |Form of | | | |Exer- | |Deemed | |Securities |cisable and |(Instr. 3 | |fically |Deriv- |Nature | | |cise | |Execu- | |Acquired (A)|Expiration |and 4) | |Owned |ative |of | | |Price |Trans-|tion |Trans- |or Disposed |Date (Month/ +------+------+ |Follow- |Security:|Indirect | | |of |action|Date, |action |of (D) |Day/Year) | |Amount|Price of |ing |Direct |Benefi- | |Title of |Deri- |Date |if any |Code |(Instr. 3, 4|--------+-------| |or |Deriva- |Reported |(D) or |cial | |Derivative|vative |Month/|(Month/|(Instr.8)| and 5) |Date |Expira-| |Number|tive |Trans- |Indirect |Owner- | |Security |Secur- |Day/ |Day/ +-----+---+------+-----+Exercis-|tion | |of |Security |action(s)|(I) |ship | |(Instr. 3)|ity |Year) |Year) |Code | V | (A) | (D) |able |Date |Title |Shares|(Instr.5)|(Instr.4)|(Instr.4)|(Instr.4)| +----------+-------+-------+------+-----+---+------+-----+--------+-------+------+------+---------+---------+---------+---------+ Explanation of Responses: /s/ Frank R. McPike, Jr. April 14, 2003 --------------------------------- -------------- Attorney in Fact for John B. Nano Date ** Signature of Reporting Person ** 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.