Form 4

Form 4

1.

Name and Address of Reporting Person

Peter R. Kellogg

C/O Spear, Leeds & Kellogg

120 Broadway

New York, NY 10271

2.

Issuer Name and Ticker or Trading Symbol

Nam Tai Electronics, Inc. (NTAI)

3.

IRS or Social Security Number of Reporting Person (Voluntary)

  

4.

Statement for Month/Year

April, 2001

5.

If Amendment, Date of Original (Month/Year)

  

6.

Relationship of Reporting Person to Issuer

10% Owner

Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

  1. Title of Security -- Common Stock $0.01 Par Value
  2. Transaction Date. - April 6, 2001.
  3. Transaction Code -- P.
  4. Securities Acquired (A) or Disposed of (D)
              Amount = 19,700.
              (A) or (D) = A.
              Price 12.4375.
  1. Transaction Date. - April 9, 2001.
  2. Transaction Code -- P.
  3. Securities Acquired (A) or Disposed of (D)
             Amount = 19,700.
             (A) or (D) = A.
             Price 12.8711.
  1. Transaction Date. - April 10, 2001.
  2. Transaction Code -- P.
  3. Securities Acquired (A) or Disposed of (D)
             Amount = 19,600.
             (A) or (D) = A.
             Price 12.9556.
  1. Transaction Date. - April 11, 2001.
  2. Transaction Code -- P.
  3. Securities Acquired (A) or Disposed of (D)
             Amount = 3,100.
             (A) or (D) = A.
             Price 12.95.
  1. Transaction Date. - April 12, 2001.
  2. Transaction Code -- P.
  3. Securities Acquired (A) or Disposed of (D)
             Amount = 37,900.
             (A) or (D) = A.
             Price 12.9059.

5.

Amount of Securities Beneficially Owned at End of Month = 152,600.

6.

Ownership Form -- (D).

7.

Nature of Indirect Beneficial Ownership -- N/A.

5.

Amount of Securities Beneficially Owned at End of Month = 1,100,000.

6.

Ownership Form -- (I).

7.

Nature of Indirect Beneficial Ownership I.A.T. Reinsurance Syndicate Ltd., a Bermuda Corporation of which Mr. Kellogg is the sole holder of voting stock. Mr. Kellogg disclaims beneficial ownership of these shares.

Table II Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security.

N/A.

2. Conversion or Exercise Price of Derivative Security.

N/A.

3. Transaction Date.

N/A.

4. Transaction Code.

N/A.

5. Number of Derivative Securities Acquired or Disposed.

N/A.

6. Date Exercisable and Expiration Date.

N/A.

7. Title and Amount of Underlying Securities.

N/A.

8. Price of Derivative Securities.

N/A.

9. Number of Derivative Securities Beneficially Owned at End of Month.

N/A.

10. Ownership Form of Derivative Security.

N/A.

11. Nature of Indirect Beneficial Ownership.

N/A.

Dated: May 9, 2001   

Peter R. Kellogg
 

Peter R. Kellogg