SEC Form 5

FORM 5

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

[ ]Form 3 Holdings Reported
[ ]Form 4 Transactions Reported

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* ~~Herzog~~Griffith, ~~Wendy~~Debra L (Last) (First) (Middle) 22116 23rd Drive SE (Street) Bothell, WA ~~98021~~9802 (City) (State) (Zip) USA 2. Issuer Name and Ticker or Trading Symbol Teltone Corporation TTNC 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for (Month/Year) June 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer Other Officer/Other Description ~~Corporate~~President ~~Secretary~~& CEO 7. Individual or Joint/Group Filing (Check Applicable Line) X Individual Filing Joint/Group Filing

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 (D) Of (Instr. 3, 4, and 5) Amount \| A/D \| Price	5. Amount of Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 3 and 4)	6. Owner- ship Form: Direct(D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common				23350,000	D

If the form is filed by more than one reporting person, see instruction 4(b)(v).

(over)
SEC 2270 (3-99)

~~Herzog~~Griffith, ~~Wendy~~Debra L - June 2002

Form 5 (continued)

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. Transaction Date (Month/ Day/ Year)	4. Transaction Code	5. Number of Derivative Securities Acquired (A) or Disposed (D) Of (Instr. 3,4 and 5)	6. Date Exercisable(DE) and Expiration Date(ED) (Month/Day/Year) (DE) \| (ED)	7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Derivative Security (Instr.5)	9. Number of Derivative Securities Beneficially Owned at End of Year (Instr.4)	10.Owner-shipForm ofDeriv-ativeSecurity:Direct(D)orIndirect(I)	11. Nature of Indirect Beneficial Ownership (Instr.4)
Stock Option (Right to Buy) (1)	$0.5053	1008/2911/~~1996~~1998	A	(A) 250,000	Varies (1) \| 1008/2911/~~2002~~2004	Common - 250,000	$0.5053	250,000	D
Stock Option (Right to Buy)	$0.60	10/29/1998	A	(A) 310,000	Varies (1) \| 10/29/2004	Common - 310,000	$0.60	310,000	D
Stock Option (Right to Buy) (1)	$0.60	11/04/1999	A	(A) 620,000	Varies (1) \| 11/04/2005	Common - 620,000	$0.60	620,000	D
Stock Option (Right to Buy) (1)	$01.8725	1108/0225/2000	A	(A) 626,~~000~~500	Varies (1) \| 1108/0225/2006	Common - 626,~~000~~500	$01.8725	626,~~000~~500	D
Stock Option (Right to Buy) (1)	$0.2187	11/0602/~~2001~~2000	A	(A) 1068,~~000~~500	Varies (1) \| 11/0602/~~2007~~2006	Common - 1068,~~000~~500	$0.2187	1068,~~000~~500	D

Explanation of Responses :

** 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. /s/ ~~Wendy~~Debra LGriffith________________________________ ~~Herzog________________________________~~ __________________** Signature of Reporting Person Date Page 2SEC 2270 (3-99)

~~Herzog~~Griffith, ~~Wendy~~Debra L - June 2002

Form 5 (continued)

FOOTNOTE Descriptions for Teltone Corporation TTNC Form 5 - June 2002 ~~Wendy~~Debra LGriffith22116 ~~Herzog22116~~ 23rd Drive SEBothell, WA ~~98021~~9802 Explanation of responses: (1) This derivative is exercisable in 25% installments on the first four anniversary dates from date of grant.

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