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FORM 4
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<TABLE>
<S> <C> <C>
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| OMB APPROVAL |
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|OMB Number 3235-0287|
|Expires: February 1, 1997|
U.S. SECURITIES AND EXCHANGE COMMISSION |Estimated average burden |
Washington, DC 20549 |hours per response .....0.5|
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[x] Check this box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1934
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
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| 1. Name and Address of Reporting Person | 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person to|
| | Medical Manager Corporation (MMGR) | Issuer (Check all applicable) |
| Karl, Jr. Frederick B. | | |
|--------------------------------------------|----------------------------------------------| [x] Director [ ] 10% Owner |
| (Last) (First) (Middle) | 3. IRS or Social | 4. Statement For | [x] Officer (give [ ] Other (Specify|
| | Security | Month/Year | title below) |
| | Number of | | below |
|3001 N. Rocky Point Drive East | Reporting Person | 7/99 | Vice President and General Counsel |
|--------------------------------------------| (Voluntary) |--------------------|--------------------------------------|
| (Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing |
| | | Date of Original| (Check applicable line) |
| | | (Month/Year) | [X] Form Filed by One |
|Tampe Florida 33067| | | Reporting Person |
|--------------------------------------------|----------------------------------------------| [ ] Reporting Person |
| (City) (State) (Zip) | | One Reporting Person |
| | | |
|----------------------------------------------------------------------------------------------------------------------------------|
| TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED |
|----------------------------------------------------------------------------------------------------------------------------------|
|1. Title of Security |2. Transaction |3. Transac- |4. Securities Acquired (A) | 5. Amount of Se- |6. Owner- |7. Nature |
| (Instr. 3) | Date | tion Code | or Disposed of (D) | curities Benefi-| ship | of In- |
| | (Month/Day/ | (Instr. 8) | | cially Owned at | Form: | direct |
| | Year) | | | End of Month | Direct | Benefi-|
| | | | (Instr. 3, 4 and 5) | (Instr. 3 and 4)| (D) or | cial |
| | |--------------|---------------------------| | Indirect | Owner- |
| | | Code | V | Amount | (A) or| Price| | (I) | ship |
| | | | | | (D) | | | (Instr. 4)| (Instr.|
| | | | | | | | | | 4) |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
|COMMON STOCK | 7/23/99 | J* | | 500| D | * | -0- | D | N/A |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
|---------------------|-------------------|-------|------|------------|-------|------|--------------------|-------------|----------|
| | | | | | | | | | |
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</TABLE>
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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<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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|1. Title of Derivative | 2. Conver- |3. Trans- |4. Trans- |5. Number of | 6. Date Exer- |7. Title and Amount |8. Price |
| Security | sion or | action | action | Derivative | cisable and | of Underlying | of |
| (Instr. 3) | Exercise | Date | Code | Securities | Expiration | Securities | Deriv- |
| | Price of | (Month/| (Instr.| Acquired (A) | Date | (Instr. 3 and 4) | ative |
| | Deriv- | Day/ | 8) | or Disposed | (Month/Day/ | | Secur- |
| | ative | Year) | | or (D) | Year) | | ity |
| | Security | | | (Instr. 3, | | | (Instr. 5)|
| | | | | 4, and 5) |-----------------|--------------------| |
| | | | | | Date |Expira- | | Amount or| |
| | | |----------|----------------| Exer- |tion | Title | Number of| |
| | | | Code| V | (A) | (D) | cisable|Date | | Shares | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| OPTIONS | $11.00/sh | 7/23/99 | J* | | |127,000 |7/23/99 | 1/30/07| Common | 127,000 | * |
| | | | | | | | | | Stock | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| OPTIONS | $29 9/16/sh | 7/23/99 | J* | | | 5,000 | 7/23/99| 4/30/08| Common | 5,000 | * |
| | | | | | | | | | Stock | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| OPTIONS | $17.875/sh | 7/23/99 | J* | | | 10,000 | 7/23/99| 9/3/08 | Common | 10,000 | * |
| | | | | | | | | | Stock | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | | | | | | | | | | | |
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<CAPTION>
<S> <C> <C>
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| 9. Number of | 10. Ownership | 11. Nature of |
| Derivative | Form of | Indirect |
| Securities | Derivative | Beneficial |
| Beneficially | Security: | Ownership |
| Owned at End | Direct (D) | (Instr. 4) |
| of Month | or Indirect (I) | |
| (Instr. 4) | (Instr. 4) | |
| | | |
|---------------------|-------------------------------|----------------------|
| 0 | D | N/A |
|---------------------|-------------------------------|----------------------|
| 0 | D | N/A |
|---------------------|-------------------------------|----------------------|
| 0 | D | N/A |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
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Explanation of Responses:
* The reporting person received the following pursuant to a merger of Medical Manager Corporation with Synetic, Inc.: (i) 312
shares of Synetic common stock having a market value of $71.375 per share in exchange for the surrender of the 500 shares of
Medical Manager common stock referred to in Table I, and (ii) by the assumption by Synetic, options to purchase 88,750 shares of
Synetic common stock in exchange for options to purchase 142,000 shares of Medical Manager common stock referred to in Table II.
** Intentional misstatements or omissions of facts constitute Federal Criminal 7/26/99
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ---------------------------------- ----------
** Signature of Reporting Person Date
Frederick B. Karl, Jr.
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 5 for procedure. SEC 1474 (8-92)
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