FORM 3 U.S. 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* Sphere Corporation United Technologies Building One Financial Plaza Hartford, Connecticut 06101 2. Date of Event Requiring Statement (Month/Day/Year) 10/21/99 3. IRS or Social Security Number of Reporting Person, if an Entity (Voluntary) 4. Issuer Name and Ticker or Trading Symbol Cade Industries, Inc. (CADE) 5. Relationship of Reporting Person to Issuer (Check all applicable) |_| Director |X| 10% Owner |_| Officer (give title below) |_| Other (specify below) 6. If Amendment, Date of Original(Month/Day/Year) 7. Individual or Joint/Group Filing (Check applicable line) |_| Form filed by One Reporting Person |X| Form filed by More than One Reporting Person * If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v).Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect (Instr. 4) Beneficially Owned Form: Direct Beneficial Ownership (Instr. 4) (D) or Indirect (Instr. 5) (I) (Instr. 5) Common Stock, par value $.001 per share 6,088,723 D(1) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses)
FORM 3 (continued) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. Date Exercisable and 3. Title and Amount 4. Conversion or 5. Ownership Form of 6. Nature of Derivative Expiration Date of Securities Exercise Derivative Indirect Security (Month/Day/Year) Underlying Derivative Price of Security: Direct Beneficial (Instr. 4) Security (Instr. 4) Derivative (D) or Indirect (I) Ownership Security (Instr. 5) (Instr. 5) Date Expiration Amount or Exercisable Date Title Number of Shares Explanation of Responses: (1) These securities are owned solely by Sphere Corporation, which is a member of a group with United Technologies Corporation for the purpose of Section 13(d) of the Exchange Act. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ** Signature of Reporting Person SPHERE CORPORATION By: /s/ Ari Bousbib --------------- Name: Ari Bousbib Title: President and Director Date: October 29, 1999
Joint Filer Information ----------------------- Name: United Technologies Corporation Address: United Technologies Building One Financial Plaza Hartford, Connecticut 06101 Designated Filer: Sphere Corporation Issuer and Ticker Symbol: Cade Industries, Inc. (CADE) Date of Event Requiring Statement: 10/21/99 Signature: UNITED TECHNOLOGIES CORPORATION By: /s/ Jay L. Haberland ------------------------------- Name: Jay L. Haberland Title: Vice President, Controller Date: October 29, 1999