------------------------------ OMB APPROVAL ------------------------------ OMB Number Expires: Estimated average burden hours per response ....... .5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 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 this box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ================================================================================ 1. Name and Address of Reporting Person* Leenhouts Norman P. -------------------------------------------------------------------------------- (Last) (First) (Middle) 10 Knollwood Drive -------------------------------------------------------------------------------- (Street) Rochester New York 14618 -------------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Issuer Name and Ticker or Trading Symbol Home Properties of New York, Inc. (HME) ================================================================================ 3. IRS or Social Security Number of Reporting Person (Voluntary) ================================================================================ 4. Statement for Month/Day/Year April 21, 2003 ================================================================================ 5. If Amendment, Date of Original (Month/Day/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [ X ] Director [ ] 10% Owner [ X ] Officer (give title below) [ ] Other (specify below) Chairman, Co-Chief Executive Officer ================================================================================ 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. 2.A Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Deemed Code ------------------------------- Owned at End (D) or Indirect 1. Transaction Execution (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date Date, if any ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Par Value $.01 145,512 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Par Value $.01 4/21/03 S 350 D $35.00 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Par Value $.01 4/21/03 S 400 D $35.00 8,169 I Shares in custodial account for minor grand- children (1) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ==================================================================================================================================== * 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. Page 1 of 2 FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================ 10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or 3A. Derivative 6. of Underlying 8. ities Secur- of Exer- Deemed 4. Securities Date Securities Price Bene- ity: In- cise 3. Execut Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- ion action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Date, Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited Partner- ship (2) * * * * * * * * * * 467 D ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited Leenhouts Partner- Ventures ship (2) * * * * * * * * * * 4,005 I (3) ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited Home Partner- Leasing ship (2) * * * * * * * * * * 214,688 I (4) ------------------------------------------------------------------------------------------------------------------------------------ Units of Limited Partner- ship (2) * * * * * * * * * * 50,000 I Spouse (1) ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase Common Stock $26.50 * * * * * * * * * * 15,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase Common Stock $25.125 * * * * * * * * * * 3,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase Common Stock $27.125 * * * * * * * * * * 47,278 D ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase Common Stock $31.375 * * * * * * * * * * 50,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase Common Stock $30.15 * * * * * * * * * * 50,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option to Purchase Common Stock $34.65 * * * * * * * * * * 50,000 D ------------------------------------------------------------------------------------------------------------------------------------ Phantom Stock Unit 1-for-1 * * * * * * * * * * 13,749 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ==================================================================================================================================== Explanation of Responses: * Previously reported (1) The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. (2) Units of Limited Partnership interests in Home Properties of New York, L.P., a New York Limited Partnership of which the Issuer is the General Partner. The Reporting Person has the right to redeem for shares of Common Stock, at the rate of one Unit for one share of Common Stock or cash, at the option of the Issuer. (3) Norman Leenhouts is a general partner of Leenhouts Ventures. Represents his proportionate interest in that entity. (4) Norman Leenhouts is a director, shareholder and Chairman of Home Leasing Corporation. Represents his proportionate interest in that entity. /s/ Norman P. Leenhouts By Ann M. McCormick attorney-in-fact April 23, 2003 --------------------------------------------- ----------------------- **Signature of Reporting Person Date Norman P. Leenhouts ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Alternatively, this Form is permitted to be submitted to the Commission in electronic format at the option of the reporting person pursuant to Rule 101(b)(4) of Regulation S-T. Page 2 of 2