HEICO Corporation
HEICO CORP (Form: 4, Received: 12/04/2002 16:01:24)

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 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*

   Mendelson                         Laurans              A.
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   (Last)                           (First)             (Middle)

                       825 Brickell Bay Drive, 16th Floor
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                                    (Street)

   Miami                            Florida                33131
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   (City)                           (State)              (Zip)


2. Issuer Name and Ticker or Trading Symbol

Heico Corporation "HEI" and "HEI.A"


3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)

000-00-0000


4. Statement for Month/Year

12/02/2002


5. If Amendment, Date of Original (Month/Year)


6. Relationship of Reporting Person to Issuer
(Check all applicable)

[X] Director [X] 10% Owner
[X] Officer (give title below) [_] Other (specify below)

CEO, Chairman of the Board and 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 Month      Indirect  Beneficial
Title of Security                     Date          ------------     Amount      or     Price    (Instr. 3     (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V                  (D)             and 4)        (Instr.4) (Instr. 4)
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Common Stock                                                                                        24,173(1)     I     401(k) Plan
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Class A Common Stock                                                                                19,316(1)     I     401(k) Plan
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Common Stock                                                                                       602,384        I     By LAM L.P.
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Class A Common Stock                                                                               238,190        I     By LAM L.P.
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Common Stock                         12/02/02        G       V       6,950       D        -        298,949        I     By LAM Alpha
                                                                                                                            L.P.
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Class A Common Stock                 12/02/02        G       V       3,500       D        -         71,147        I     By LAM Alpha
                                                                                                                            L.P.
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Common Stock                                                                                        25,550        I         (2)
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Class A Common Stock                                                                                14,408        I         (2)
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Class A Common Stock                                                                                56,275        D
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* 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.

(Print or Type Response) (Over)


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                         Derivative    6.                of Underlying     8.       ities     Secur-   of
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-
1.                  of       action   Code     of(D)         (Month/Day/Year)            Amount  ative    at End    In-      ficial
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner-
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
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Explanation of Responses:
(1) Information reported herein is based on a HEICO Corporation 401(k) plan quarterly statement dated as of June 30, 2002 (latest provided to the Reporting Person).
(2) Securities are held by the Laurans A. and Arlene H. Mendelson Charitable Foundation, Inc., a non-profit Charitable Corporation, the holdings of which are attributable to the Reporting Person. The Reporting Person disclaims beneficial ownership of all securities held by the Charitable Foundation.

     /s/ Laurans A. Mendelson                                   12/04/02
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      **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).

Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.

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