4 1 file001.txt FORM 4 FORM 4 _________________________________ | OMB APPROVAL | [ ] Check this box if no longer subject _________________________________ to Section 16. Form 4 or Form 5 | OMB Number: 3235-0287 | obligations may continue. See | Expires: PENDING | Instruction 1(b). | Estimated average burden | | hours per response....... 0.5 | _________________________________ U.S. 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 ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Entman Frederick ----------------------------------------------------- (Last) (First) (Middle) 260 Tillou Road ----------------------------------------------------- (Street) South Orange New Jersey 07079 ----------------------------------------------------- (City) (State) (Zip) ------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol H Power Corp. ("HPOW") ------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an entity (Voluntary) ------------------------------------------------------------------------------- 4. Statement for Month/Year March 2002 ------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) ------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [X] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) -------------------------------------------------- ------------------------------------------------------------------------------- 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 --------------------------------------------------------------------------------------------------------------------------------- 5. Amount of 6. Owner- Securities ship 2. Trans- 3. Trans- 4. Securities Acquired (A) Beneficially Form: action action or Disposed of (D) Owned at Direct 7. Nature of Date Code (Instr. 3, 4 and 5) End of (D) or Indirect 1. Title of Security (Mo/ (~~Inst~~Instr. 8) -------------------------- Month Indirect Beneficial (~~Inst~~Instr. 3) Day/ ---------- Amount (A) or Price (Instr. (I) Ownership YrYear) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par 6value per share 3/111/~~2001~~02 S 402,000 D $132.~~9049~~50 DI for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par value per share 3/12/02 S 2,000 D $2.50 I for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par 6value per share 3/813/~~2001~~02 S 84,~~700~~000 D $122.2265 DI for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par value per share 3/14/02 S 2,000 D $2.60 I for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par 6value per share 3/2915/~~2001~~02 S 202,000 D $92.~~53425~~55 DI for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par value per share 3/18/02 S 2,000 D $2.57 I for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par 6value per share 3/2919/~~2001~~02 S 102,000 D $102.2555 ~~279~~I for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock,~~135~~ D$.001 In trust par value per share 3/20/02 S 2,000 D $2.55 I for Self --------------------------------------------------------------------------------------------------------------------------------- Common Stock, $.001 In trust par value per share 3/25/02 S 4,000 D $2.65 35,035 I for Self --------------------------------------------------------------------------------------------------------------------------------- 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 person, see Instruction 4(b)(v). (over) 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 control number. ~~(over) Page 1 SEC 1474 (3-99)~~

FORM 4 (continued)

TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) ----------------------------------------------------------------------------------------------------------------------------------- 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. ----------------------------------------------------------------------------------------------------------------------------------- Title & Ownership Number of Date Exer- Amount of Form of Derivative cisable and Underlying Number of Deriv- Securities Expiration Securities Price Derivative ative Conver- Trans- Acquired (A) Date (MoMonth/ (Instr. 3 of Securities Security: sion or Trans- action or Disposed Day/YrYear) & 4) Deriv- Benefi- Direct Exercise action Code of (D) -------------- -------------- ative cially (D) or Nature of Title of Price of Date (Instr. (Instr. 3, Date Amount Secur- Owned at Indirect Indirect Derivative Deriv- (Month/ 8) 4, 5) Exer- Expir- or ~~Num-~~No. ity End of (I) Beneficial Security ative Day/ -------- ---------- cis- ation ~~ber~~ of (Instr. Month (~~Inst~~Instr. Ownership (Instr. 3) Security Year) Code V (A) (D) able Date Title Shares 5) (~~Inst~~Instr. 4) 4) (~~Inst~~Instr. 4) ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- -----------------------------------------------------------------------------------------------------------------------------------

Explanation of Responses: /s/ Frederick Entman April 9, 2002 ---------------------------------------- ------------------- ** Signature of Reporting Person Date ** 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 control number.

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