FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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* Patrick Grant 1020 10th Street Charleston, IL 61920 2. Date of Event Requiring Statement (Month/Day/Year) 7/1/2001 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Issuer Name and Ticker or Trading Symbol Flexible Solutions International, Inc. (FXSO) 5. Relationship of Reporting Person(s) to Issuer (Check All Applicable) / / Director /X/ Officer (give title below) President Water$avr Global Solutions, Inc., wholly-owned subsidiary / / 10% Owner / / Other (specify below) 6. If Amendment, Date of Original (Month/Day/Year) N/A 7. Individual or Joint/Group Filing (Check Applicable Line) /X/ Form filed by One Reporting Person / / Form filed by More than One Reporting Person 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). FORM 3 (CONTINUED) Table 1 -- Non-Derivative Securities Beneficially Owned -------------------------------- --------------------------------- ------------------------------- --------------------------- 1. Title of Security (Instr. 4) 2. Amount of Securities 3. Ownership Form: Direct 4. Nature of Indirect Beneficially Owned (Instr. 4) (D) or Indirect (I) Beneficial Ownership (Instr. 5) (Instr. 5) -------------------------------- --------------------------------- ------------------------------- --------------------------- Common stock 60,000 D -------------------------------- --------------------------------- ------------------------------- --------------------------- 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 5(b)(v). Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Converstion 5. Ownership 6. Nature of Security (Instr. 4) and Expiration Date Securities or Form of Indirect (Month/Day/Year) Underlying Exercise Derivative Beneficial Derivative Security Price of Security: Ownership (Instr. 4) Derivative Direct (D) (Instr. 5) Security or Indirect (I) (Instr. 5) ------------------------ ------------------------ Date Expiration Title Amount Exercisable Date or Number of Shares ----------------------------- ------------ ----------- ------------- ---------- --------------- --------------- -------------- Employee Stock Option 12/31/01 12/31/06 Common Stock 100,000 1.50 D Employee Stock Option 6/30/02 6/30/07 Common Stock 100,000 1.50 D Employee Stock Option 12/31/02 12/31/07 Common Stock 100,000 2.00 D Employee Stock Option 6/30/03 6/30/08 Common Stock 100,000 2.00 D Employee Stock Option 12/31/03 12/31/08 Common Stock 100,000 2.50 D Employee Stock Option 6/30/04 6/30/09 Common Stock 100,000 2.50 D Employee Stock Option 12/31/04 12/31/09 Common Stock 100,000 3.00 D Employee Stock Option 6/30/05 6/30/10 Common Stock 100,000 3.00 D Employee Stock Option 12/31/05 12/31/10 Common Stock 100,000 3.50 D Employee Stock Option 6/30/06 6/30/11 Common Stock 100,000 3.50 D ----------------------------- ------------ ----------- ------------- ---------- --------------- --------------- -------------- Explanation of Responses: All options were granted 7-1-2001 /s/ PATRICK GRANT 10/28/02 --------------------------------------- --------- Patrick Grant ** 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).