U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 5 ANNUAL 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 [_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). [_] Form 3 Holdings Reported [X] Form 4 Transactions Reported ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* SAKER STEPHEN A. -------------------------------------------------------------------------------- (Last) (First) (Middle) 220 E. CENTRAL PARKWAY, SUITE 2060 -------------------------------------------------------------------------------- (Street) ALTAMONTE SPRINGS FL 32701 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol INTERNATIONAL ASSETS HOLDING CORPORATION -------------------------------------------------------------------------------- 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Year AUGUST, 2002 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) ------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [ ] 10% Owner [X] Officer (give title below) [_] Other (specify below) VICE PRESIDENT -------------------------------------------------------------------------------- 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 =========================================================================================================================== 6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ---------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Issuer's Indirect Beneficial Title of Security Date ------------ Amount or Price Fiscal Year (I) Ownership (Instr. 3) (mm/dd/yr) (D) (Instr. 3 and 4) (Instr. 4) (Instr. 4) --------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------- =========================================================================================================================== * 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. FORM 5 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ============================================================================================================== 1. Title of 2.Conver- 3. Trans- 4. Transac- 5. Number of 6. Date Exercis- 7. Title and 8. Price Derivative sion or action tion Derivative able and Expi- Amount of of Security Exer- Date Code Securtiies ration Date Underlying De- (Instr. 3) cise (Month/ (Instr. 8) Acquired (Month/Day/ Securities riva- Price of Day (A) or Year) (Instr. 3 tive Deriva- Year) Disposed of and 4) Secu- tive se- (D)(Instr. ity curity 3,4,and 5) ____________________________ (Instr. 5) Date Expira- Amount or Exer- tion Number of __________ cisable Date Shares (A) (D) -------------------------------------------------------------------------------------------------------------- International Assets Holding Corp. Options 0.90 10/5/01 J4* 20,000 10/5/02** 10/5/11 Common 20,000 0.90 -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------- ============================================ 9. Number 10. Owner- 11. Nature of De- ship of of Indi- rivative Deriva- rect ben- Securi- tive Se- eficial ties Ben- curity Owner- eficially Direct ship Owned (D) or (Instr. 4) at end of Indirect Year (I) (Instr. 4) (Instr. 4) -------------------------------------------- 84,215 D -------------------------------------------- -------------------------------------------- -------------------------------------------- -------------------------------------------- -------------------------------------------- -------------------------------------------- -------------------------------------------- -------------------------------------------- ============================================ Explanation of Responses: *GRANT OF OPTIONS FROM ISSUER **6,667 exercisable on 10/5/02; another 6,667 exercisable on 10/5/03; the additional 6,666 exercisable on 10/5/04. /S/ STEPHEN A. SAKER 08/27/02 --------------------------------------------- ----------------------- **Signature of Reporting Person Date