U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 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* DONOVAN TIMOTHY R. -------------------------------------------------------------------------------- (Last) (First) (Middle) C/O TENNECO AUTOMOTIVE, INC. 500 N. FIELD DRIVE -------------------------------------------------------------------------------- (Street) LAKE FOREST IL 60045 -------------------------------------------------------------------------------- (City) (State) (Zip) John B. Sanfilippo & Son, Inc. (JBSS) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) February 21, 2003 ________________________________________________________________________________ 4. Statement for Month/Day/Year ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [_] 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. 6. 4. Amount of Owner- Securities Acquired (A) or Securities ship 3. Disposed of (D) Beneficially Form: 7. 2A. Transaction (Instr. 3, 4 and 5) Owned Follow- Direct Nature of 2. Deemed Code ------------------------------- ing Reported (D) or Indirect 1. Transaction Execution (Instr. 8) (A) Transaction(s) Indirect Beneficial Title of Security Date Date, if any ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 02/20/03 M 750 A 3.4375 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 02/20/03 M 500 A 4.0625 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 02/20/03 M 250 A 6.05 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 02/20/03 S 1500 D 12.16033 0 D ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 30,713(1) I(3) By Spouse as trustee for her sibling ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 44,913 I(3) By Spouse ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 43,838(2) I(3) By Spouse as trustee for their children ==================================================================================================================================== * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================ 9. 10. Number Owner- of Deriv- ship ative Form 2. Secur- of Conver- 5. 7. ities Deriv- 11. sion Number of Title and Amount Bene- ative Nature or 3A. Derivative 6. of Underlying 8. ficially Secur- of Exer- Deemed 4. Securities Date Securities Price Owned ity: In- cise 3. Execu- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- ing Re- (D) or Bene- 1. of action Date, Code of(D) (Month/Day/Year) Amount ative ported In- ficial Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner- Derivative ative (Month/ (Month 8) 4 and 5) Date Expira- Number ity action(s) (I) ship Security Secur- Day/ /Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ NON- 3.4375 02/20/03 M 750 (4) 10/27/09 COMMON 750 QUALIFIED STOCK STOCK OPTION ------------------------------------------------------------------------------------------------------------------------------------ NON- 4.0625 02/20/03 M 500 (5) 10/26/10 COMMON 500 QUALIFIED STOCK STOCK OPTION ------------------------------------------------------------------------------------------------------------------------------------ NON- 6.05 02/20/03 M 250 10/31/02 10/31/11 COMMON 250 QUALIFIED STOCK STOCK OPTION ==================================================================================================================================== Explanation of Responses: (1) Shares held by Reporting Person's spouse, Elaine Karacic as trustee of two trusts. Her sibling, Greg Karacic, is the beneficiary of both trusts. (2) Shares held by Reporting Person's spouse, Elaine Karacic, as trustee of certain trusts, the beneficiaries of which are the children of Elaine Karacic and Timothy Donovan; Maggie Donovan, Lukas Donovan, Kara Donovan, Jack Donovan, and Anne Donovan. (3) This filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of such shares, Mr. Donovan disclaims beneficial ownership of any of these shares. (4) One thousand options were granted on October 27, 1999 and vest in equal installments of 25% on each of the first, second, third and fourth anniversaries of the grant date. Two hundred fifty shares vested on October 27, 2000, 2001, and 2002 respectively. (5) One thousand options were granted on October 26, 2000 and vest in equal installments of 25% on each of the first, second, third and fourth anniversaries of the grant date. Two hundred fifty shares vested on October 26, 2001, and 2002 respectively. /s/ Linda Crowley February 21, 2003 ----------------------------------------- ----------------------- **Signature of Reporting Person Date By: Linda Crowley, as attorney-in-fact for Timothy R. Donovan per Power of Attorney dated February 1, 2001. Original on file with the SEC. ** 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. Page 2