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UNITED STATES
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(h) of the Investment Company Act of 1940 
o	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*	2.	Issuer Name and Ticker or Trading
Symbol	3.	I.R.S. Identification Number of Reporting
Person, if an entity (Voluntary)	
 	Ambrose, Joseph M.

(Last) (First) (Middle)	 	First Busey Corporation - -- BUSE

 	903 E. Vine St.

(Street)	4.	Statement for Month/Day/Year	5.	If Amendment, Date of Original (Month/Day/Year)	
 		 	November 15, 2002

 	 	6.	Relationship of Reporting Person(s)
to Issuer (Check All Applicable)	7.	Individual or Joint/Group Filing
(Check Applicable Line)	
 	LeRoy, Illinois 61752

(City)        (State)        (Zip)	 	☒	 Director	o	 10% Owner	 	☒	Form Filed by One Reporting Person	
 		 	o	 Officer (give title below)	 	o	Form Filed by More than One Reporting Person	
 		 	o	 Other (specify below)	 			

Reminder:	 	Report on a separate line for each class of securities beneficially owned directly or indirectly.	
 	
*	 	If the form is filed by more than one reporting person, see instruction 4(b)(v).	

 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
	
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 Sec-
urities Beneficially
Owned Following
Reported Trans-
action(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	 	 	 	 	 	
	
 	Common 	 	10/21/2002	 		 	G 	V	 	 	450 shares	 	D	 		 	 	27,060	 	 	D	 		
	
 	Common 	 	11/15/2002	 		 	S 		 	 	600 shares	 	D	 	22.80	 	 	4,300	 	 	I	 	Custodian for Children	

	

 		 		 		 			 	 		 		 		 	 		 	 		 		

	

 		 		 		 			 	 		 		 		 	 		 	 		 		

	

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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)	
		
 	 	 	 	 	 	 	 	 	 	 	Code	V	 	(A)	(D)		
		
 	Stock Option	 	 	$18.2500	 	 	01/19/1999	 		 			 				
		
 	Stock Option	 	 	$20.0625	 	 	02/15/2000	 		 			 				
		
 	Stock Option	 	 	$17.8750	 	 	02/19/2001	 		 			 				

		

 		 	 		 	 		 		 			 				

		

 		 	 		 	 		 		 			 				

		
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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)	
	
6.	Date Exercisable and
Expiration Date
(Month/Day/Year)	7.	Title and Amount
of Underlying Securities
(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 of 
Derivative Security:
Direct (D) or
Indirect (I)
(Instr. 4)	11.	Nature of
Indirect
Beneficial
Ownership
(Instr. 4)	
	
 	Date
Exercisable	Expiration
Date	 	Title	Amount or
Number of
Shares	 	 	 	 	 	 	 	 	 	 	 	 	
	
 	01/19/2000	12/15/2003	 	Common	3,000	 	 		 	 	 	3,000	 	 	D	 		
	
 	01/16/2001	12/15/2004	 	Common	3,000	 	 		 	 	 	3,000	 	 	D	 		
	
 	01/15/2002	12/15/2005	 	Common	3,000	 	 		 	 	 	3,000	 	 	D	 		

	

 			 			 	 		 	 	 		 	 		 		

	

 			 			 	 		 	 	 		 	 		 		

	
Explanation of Responses: 
/s/ Joseph M. Ambrose	 	11/15/02	

**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 is insufficient, see Instruction 6 for procedure.	
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