------ FORM 4 ------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------------------- OMB APPROVAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP -------------------------- / / CHECK BOX IF NO OMB Number: 3235-0287 LONGER SUBJECT TO Filed pursuant to Section 16(a) of the Securities Expires: December 31, 2001 SECTION 16. FORM 4 Exchange Act of 1934, Section 17(a) of the Estimated average burden OR FORM 5 OBLIGATIONS Public Utility Holding Company Act of 1935 hours per response ... 0.5 MAY CONTINUE. SEE or Section 30(f) of the Investment Company -------------------------- INSTRUCTION 1(b). Act of 1940 ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to McGuire Joseph G Tweeter Home Entertainment Group, Inc. TWTR Issuer (Check all applicable) --------------------------------------------- ---------------------------------------------- Director 10% Owner (Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- --- 40 Pequot Way Number of Reporting Month/Year X Officer (give Other (Specify --------------------------------------------- Person, if an Entity 01/02 ---- title --- below) (Street) (Voluntary) ------------------ below) Canton, MA 02021 5. If Amendment, Sr Vice President/CFO --------------------------------------------- Date of Original -------------------------------------- (City) (State) (Zip) (Month/Year) 7. Individual or Joint/Group Filing ------------------ (Check applicable line) Form filed by one ---- Reporting Person Form filed by more than ---- one Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature (Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In- Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct (Instr. 8) End of Month Direct Benefi- (Month/ (Instr. 3 and 4) (D) or cial Day/ --------------------------------------- Indirect Owner- Year) Code V Amount (A) or Price (I) ship (D) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/24/02 G(1) 1,200 D 27.575 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/28/02 M(2) 1,200 A 8.50 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/28/02 S 1,200 D 28.0071 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 M(2) 3,600 A 8.50 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 M(2) 5,400 A 16.063 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 S 9,000 D 27.90 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 G(3) 719 D 27.79 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 G(4) 719 D 27.79 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 G 719 A 27.79 -- I Daughter's Trust Meghan Kelly McGuire ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/29/02 G 719 A 27.79 -- I Daughter's Trust Abigail Jean McGuire ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/30/02 S(5) 1,429 D 27.80 -- I Daughter's Trust Meghan Kelly McGuire ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/30/02 S(6) 1,429 D 27.80 -- I Daughter's Trust Abigail Jean McGuire ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1/31/02 S 4,500 D 28.00 16,650 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ *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) (Print or Type Response) 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- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Expiration Securities Deriv- Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative Deriv- Day/ 8) or Disposed (Month/Day/ Secur- ative Year) of (D) Year) ity Security (Instr. 3, (Instr. 5) 4, and 5) ----------------------------------- Date Expira- Amount or ---------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares ------------------------------------------------------------------------------------------------------------------------------------ Options 8.50 1/28/02 X(2) 1,200 7/16/01 7/16/04 Common 1,200 8.50 Stock ------------------------------------------------------------------------------------------------------------------------------------ Options 8.50 1/29/02 X(2) 3,600 7/16/01 7/16/04 Common 3,600 8.50 Stock ------------------------------------------------------------------------------------------------------------------------------------ Options 16.063 1/29/02 X(2) 5,400 7/28/01 7/28/04 Common 5,400 16.063 Stock ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------- 72,200 D ------------------------------------------------------------------------------------------------------- 72,200 D ------------------------------------------------------------------------------------------------------- 72,200 D ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- Explanation of Responses: (1) Gift of 1,200 shares to Bethany Congregational Church, Foxboro, MA. (2) Exercise of Options. (3) Gift to Trust dated 4/16/93 f/b/o Meghan Kelly McGuire. Mr. McGuire and his spouse are trustees of this trust. Mr. McGuire disclaims beneficial ownership of such shares. (4) Gift to Trust dated 4/6/95 f/b/o Abigail Jean McGuire. Mr. McGuire and his spouse are trustees of this trust. Mr. McGuire disclaims beneficial ownership of such shares. (5) Sale of shares from Trust dated 4/16/93 f/b/o Meghan Kelly McGuire. (6) Sale of shares from Trust dated 4/6/95 f/b/o Abigail Jean McGuire. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Joseph G. McGuire 2/8/02 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- ------ **Signature of Reporting Person Date Note. File three copies of this form, one of which must be manually signed. Page 2 If space provided is insufficient, see Instruction 6 for procedure.