FORM 4
( ) Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may continue.
See Instruction 1(b).
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION _____________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
|_____________________|
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |OMB NUMBER: 3235-0287|
|EXPIRES: |
| DECEMBER 31, 2001 |
Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE |
Securities Exchange Act of 1934, |BURDEN HOURS |
Section 17(a) of the Public Utility |PER RESPONSE ... 0.5 |
Holding Company Act of 1935 |_____________________|
or Section 30(f) of the Investment
Company Act of 1940
________________________________________________________________________________
1. Name and Address of Reporting Person
Riedl John T.
____________________________________________________________________________
(Last) (First) (Middle)
c/o Net Perceptions, Inc., 7901 Flying Cloud Drive
____________________________________________________________________________
(Street)
Minneapolis Minnesota 55344
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(City) (State) (Zip)
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Net Perceptions, Inc. (NETP)
________________________________________________________________________________
3. I.R.S. Identification Number of Reporting Person, if an entity
(Voluntary)
________________________________________________________________________________
4. Statement for Month/Year
March 2000
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5. If Amendment, Date of Original (Month/Year)
April 2000
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director
( ) 10% Owner
(X) Officer (give title below)
( ) Other (specify title below)
Director and Chief Scientist
_____________________________________________
________________________________________________________________________________
7. Individual, or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
________________________________________________________________________________
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
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1. Title of Security (Instr. 3)
Common Stock, par value $.0001 per share
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2. Transaction Date (Month/Day/Year)
3/24/00
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3. Transaction Code (Instr. 8)
S; V
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
100,170 shares sold at $42.87 per share (D)
________________________________________________________________________________
5. Amount of Securities Beneficially Owned at End of Month
(Instr. 3 and 4)
900,704
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6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4)
D
________________________________________________________________________________
7. Nature of Indirect Beneficial Ownership (Instr. 4)
________________________________________________________________________________
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
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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)
________________________________________________________________________________
4. Transaction Code (Instr. 8)
________________________________________________________________________________
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
________________________________________________________________________________
6. Date Exercisable and Expiration Date (Month/Day/Year)
________________________________________________________________________________
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
________________________________________________________________________________
8. Price of Derivative Securities (Instr. 5)
________________________________________________________________________________
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
________________________________________________________________________________
10. Ownership Form of Derivative Security: Direct(D) or Indirect(I)
(Instr. 4)
________________________________________________________________________________
11. Nature of Indirect Beneficial Ownership (Instr. 4)
________________________________________________________________________________
EXPLANATION OF RESPONSES:
/s/ Vicki Lindsey, as attorney-in-fact August 10, 2000
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** 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.
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
VALID OMB NUMBER.
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POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints Vicki Lindsey or Sharri Major or either of them his true and
lawful attorneys-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer/director of Net Perceptions, Inc. (the "Company"), any
and all Forms 3, 4 and 5 required to be filed by the undersigned in accordance
with Section 16(a) of the Securities Exchange Act of 1934 and the rules
thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3, 4
or 5 and timely file such form with the United States Securities and Exchange
Commission and any stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of either such attorney-in-fact, may be of
benefit to, in the best interest of, or legally required by, the undersigned, it
being understood that the documents executed by either such attorney-in-fact on
behalf of the undersigned, pursuant to this Power of Attorney, shall be in such
form and shall contain such terms and conditions as such attorney-in-fact may
approve in his discretion.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary, and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or his
substitute or substitutes, shall lawfully do or cause to be done by virtue of
this Power of Attorney and the rights and powers herein granted. The undersigned
acknowledges that no such attorney-in-fact, in serving in such capacity at the
request of the undersigned, is hereby assuming, nor is the Company hereby
assuming, any of the undersigned's responsibilities to comply with Section 16 of
the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 4th day of February, 2000.
/s/ John T. Riedl
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Signature
John T. Riedl
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