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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 OMB APPROVAL
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OMB NUMBER: 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ...... 0.5
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
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1. Name and Address of Reporting Person*
Reuven Battat
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(Last) (First) (Middle)
11 Mount Grey Road
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(Street)
Stony Brook New York 11796
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
8-13-97
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3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
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4. Issuer Name and Ticker or Trading Symbol
The A Consulting Team, Inc. (TACX)
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5. Relationship of Reporting Person to Issuer:
(Check all applicable)
X Director 10% Owner
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Officer (give Other (Specify
----- title below) ------ below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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Table 1 -- Non-Derivative Securities Beneficially Owned
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<CAPTION>
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Direct (D) or (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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<S> <C> <C> <C>
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 1
* If the form is filed by more than one reporting person, see Instruction 5(b)(v). SEC 1473 (3/91)
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FORM 3 (continued)
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Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of
(Instr. 4) cisable and Underlying Derivative Security or Exercise Form of Indirect
Expiration (Instr. 4) Price of Derivative Beneficial
Date Derivative Security: Ownership
(Month Day Security Direct (D) (Instr. 5)
Year) or
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Date Expira- Amount (Instr. 5)
Exer- tion or
cisable Date Title Number
of
Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
Stock Options (1) (1) Common Stock 1,000 (1) D N/A
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Explanation of Responses:
(1) Options granted August 8, 1998 to purchase 1,000 shares of Common Stock at
an exercise price equal to the initial public offering price of the
Company's Common Stock of $12.00. All 1,000 of such options vest on the
first anniversary date of the date of grant and will expire on the fifth
anniverary date of the date of grant. The award was subject to the
completion of the Company's initial public offering on August 13, 1997.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. /s/Reuven Battat 9/5/97
_______________________________ ______________
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
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Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
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