SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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
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Check this 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*
BAREL MEIR DR

(Last) (First) (Middle)
C/O STAR VENTURES MANAGEMENT
POSSARTSTRASSE 9

(Street)
MUNICH 2M D-81679

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNITY WIRELESS CORP [ UTYW.OB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Convertible Non-Redeemable Preferred Share ( 1 ) 04/22/2008 P 1,273.235 04/22/2008 ( 2 ) Common Stock 1,273,235 ( 3 ) 24,669.26 ( 1 ) ( 4 ) I By SVM 3 ( 5 )
Series B Convertible Non-Redeemable Preferred Share ( 1 ) 04/22/2008 P 803.178 04/22/2008 ( 2 ) Common Stock 803,178 ( 3 ) 15,728.684 ( 1 ) ( 4 ) I By Seed GmbH ( 6 )
1. Name and Address of Reporting Person*
BAREL MEIR DR

(Last) (First) (Middle)
C/O STAR VENTURES MANAGEMENT
POSSARTSTRASSE 9

(Street)
MUNICH 2M D-81679

(City) (State) (Zip)
1. Name and Address of Reporting Person*
SVM STAR VENTURES MANAGEMENT GMBH NR 3

(Last) (First) (Middle)
C/O STAR VENTURES MANAGEMENT
POSSARTSTRASSE 9

(Street)
MUNICH 2M D-81679

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Star-Seed Managementgesellschaft mbH

(Last) (First) (Middle)
POSSARTSTRASSE NR. 9

(Street)
MUNICH 2M D-81679

(City) (State) (Zip)
Explanation of Responses:
1. Each Series B Convertible Non-Redeemable Preferred Share, par value $0.001 per share, is currently redeemable into 1,000 shares of Common Stock, par value $0.001 per share.
2. Not applicable.
3. The Series B Convertible Non-Redeemable Preferred Shares reported hereunder were issued to the Reporting Persons following the occurrence (or non-occurrence) of certain events and conditions.
4. Excludes all derivative securities held by Reporting Persons other than the Series B Shares.
5. SVM Star Ventures Managementgesellschaft mbH Nr. 3 ("SVM 3") is the general partner of SVM Star Ventures Managementgesellschaft mbH Nr. 3 & Co. Beteiligungskommanditgesellschaft Nr. 2, SVE Star Ventures Enterprises No. VII, a German Civil Law Partnership (with limitation of liability), SVE Star Ventures Enterprises GmbH & Co. No. VIIa KG, SVM Star Ventures Managementgesellschaft mbH Nr. 3 & Co. Beteilgungs KG Nr. 3, and SVE Star Ventures Enterprises GmbH & Co. No. IX KG, which hold the securities directly.
6. Star-Seed Managementgesellschaft mbH ("Seed GmbH") is the general partner of Star Seed Enterprise, a German Civil Law Partnership (with limitation of liability), which holds the securities directly.
Remarks:
Each of the reporting person and the joint filers disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person or any joint filer is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose. Joint Filing Information In addition to Dr. Meir Barel, the designated filer, the following are names and address of the other reporting persons: 1. SVM Star Ventures Managementgesellschaft mbH Nr. 3 ("SVM 3") is a German limited liability company, with a principal business address at Possartstrasse 9, D-81679 Munich, Germany. 2. Star-Seed Managementgesellschaft mbH ("Seed GmbH") is a German limited liability company, with a principal business address at Possartstrasse 9, D-81679 Munich, Germany.
/s/ Meir Barel, Dr. Meir Barel 04/29/2008
/s/ Meir Barel, SVM Star Ventures Managementgesellschaft mbH Nr. 3 04/29/2008
/s/ Meir Barel, Star-Seed Managementgesellschaft mbH 04/29/2008
** Signature of Reporting Person Date
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