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- -------- U.S. SECURITIES AND EXCHANGE COMMISSION --------------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
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[_] Check this box if no STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
longer subject to Expires: April 30, 1997
Section 16. Form 4 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Estimated average burden
or Form 5 obligations Section 17(a) of the Public Utility Holding Company Act of 1935 hours per response.......... 0.5
may continue. See or Section 30(f) of the Investment Company Act of 1940 --------------------------------
Instruction 1(b).
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1. Name and Address of 2. Issuer Name and Ticker or 6. Relationship of Reporting Person to Issuer
Reporting Person Trading Symbol (Check all applicable)
Wadhwani Romesh Aspect Development, Inc. (ASDV) [X] Director [X] 10% Owner
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(Last) (First) (Middle) 3. IRS or Social 4. Statement for [X] Officer (give ____ Other (specify
Security Number of Month/Year 5/96 title below)
c/o Aspect Development, Inc. Reporting Person below)
1300 Charleston Road (Voluntary) Chief Executive Officer
- -------------------------------- ---------------------- Chairman of the Board
(Street) 5. If Amendment, -------------------------------
Date of Original
Mountain View, CA 94043 (Month/Year)
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(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
(Instr. 8) Owned at Direct Ownership
(Month/ ------------------------------------------- End of Month (D) or In- (Instr. 4)
Day/ (A) or (Instr. 3 direct (I)
Year) Code V Amount (D) Price and 4) (Instr. 4)
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Common Stock, par value $.001 5/23/96 S 95,000 D $18.60 3,605,000 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8-92)
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FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Cover- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount of
Security (Instr. 3) sion or action action Derivative cisable and Underlying Securities
Exercise Date Code Securities Expiration (Instr. 3 and 4)
Price of (Month/ (Instr. 8) Acquired (A) Date (Month/
Deriv- Day/ or Disposed Day/Year)
ative Year) of (D) (Instr. ----------------------------------------
Security 3, 4, and 5) Date Expira- Amount or
-------------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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1. Title of Derivative 8. Price 9. Number 10. Ownership 11. Nature of
Security (Instr. 3) of of Form of Indirect
Deriv- Deriv- Derivative Beneficial
ative ative Security: Ownership
Security Securities Direct (D) (Instr. 4)
(Instr. 5) Beneficially or Indirect
Owned at (I)
End of Month (Instr. 4)
(Instr. 4)
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Explanation of Responses:
** Intentional misstatements or /s/
omissions of facts constitute ---------------------- --------------
Federal Criminal Violations. Romesh Wadhwani Date
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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SEC 1474 (8-92)
