FORM 3
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION _____________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
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INITIAL STATEMENT OF |OMB NUMBER: 3235-0104|
BENEFICIAL OWNERSHIP OF SECURITIES |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
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1. Name and Address of Reporting Person
Little Wm. Brian
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(Last) (First) (Middle)
630 Fifth Avenue, Suite 2620
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(Street)
New York, NY 10111
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
8/2/0000
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
ScreamingMedia Inc. SCRM
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(x ) Director
( ) 10% Owner
( ) Officer (give title below)
( ) Other (specify title 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
Form filed by More than One Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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|1. Title of Security|2. Amount of |3. Ownership |4. Nature of |
| (Instr. 4) | Securities | Form: Direct| Indirect |
| | Beneficially| (D) or | Beneficial |
| | Owned | Indirect (I)| Ownership |
| | (Instr. 4) | (Instr. 5) | (Instr. 5) |
|--------------------|---------------|---------------|--------------------|
i. Series A Preferred 149,843 I Owned by Mr. Little
through AMCITO
Partners, L.P
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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 (Instr. 4)
i Stock options-right to buy
ii Stock options-right to buy
iii Series B Preferred
iv Series C Preferred
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2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
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i 4/17/991 7/1/04
ii 12/27/992 12/27/04
iii 8/8/00 N/A
iv 8/8/00 N/A
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Title Amount or Number of Shares
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i Common Stock 37,478
ii Common Stock 20,759
iii Common Stock 60,234
iv Common Stock 16,355
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4. Conversion or Exercise Price of Derivative Security
i $1.33
ii $2.41
iii $4.150588
iv $5.81
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)
(Instr. 5)
i D
ii D
iii I
iv I
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
i N/A
ii N/A
iii Owned by Mr. Little through AMCITO Partners, L.P.
iv Owned by Mr. Little through AMCITO Partners, L.P.
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EXPLANATION OF RESPONSES:
1. All shares have vested. Mr. Little exercised all of his options in Februrary
2000.
2.All shares have vested. Mr. Little exercised all of his options in Februrary
2000.
/s/ Wm. Brian Little 8/2/00
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** SIGNATURE OF REPORTING PERSON DATE
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** 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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