U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
OMB APPROVAL
[ ] Check this box if no longer -----------------------------------
subject to Section 16. Form 4 OMB Number 3235-0287
or Form 5 obligations may Expires: December 31, 2001
continue. See Instruction 1(b) Estimated average burden hours per
response 0.5
- ---------------------------------------------------------------------------
1. Name and Address of Reporting Person
Tannenbaum, Jeffrey D.
----------------------------------------
(Last) (First) (Middle)
c/o Fir Tree Partners
535 Fifth Avenue
----------------------------------------
(Street)
New York, NY 10017
----------------------------------------
(City) (State) (Zip)
- ---------------------------------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol
Mapics, Inc. (MAPX)
- ---------------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person (Voluntary)
- ---------------------------------------------------------------------------
4. Statement for (Month/Year)
04/2000
- ---------------------------------------------------------------------------
5. If Amendment, Date of Original (Month/Year)
- ---------------------------------------------------------------------------
6. Relationship of Reporting Person to Issuer (Check all applicable)
Director X 10% Owner
--------- -------
Officer (give title below) Other (specify below)
--------- -------
-------------------------
- ---------------------------------------------------------------------------
7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
-------
Form filed by More than One Reporting Person
-------
- ---------------------------------------------------------------------------
<PAGE>
<TABLE>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) or 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action action Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form; Beneficial
(Month/ (Instr. 8) Owned at Direct Ownership
Day/ ------------------------------------------ End of Month (D) or (Instr. 4)
Year) Code V Amount (A) or Price (Instr. 3 and Indirect (I)
(D) 4) (Instr. 4)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 4/07/2000 S 256,000 D $8.0973 I See Note (1)
Common Stock 4/07/2000 S 198,400 D $8.1391 I See Note (1)
Common Stock 4/07/2000 S 254,125 D $8.1587 I See Note (1)
Common Stock 4/10/2000 S 33,000 D $8.1250 I See Note (1)
Common Stock 4/10/2000 S 33,000 D $8.0000 I See Note (1)
Common Stock 4/11/2000 S 16,500 D $8.1250 I See Note (1)
Common Stock 4/11/2000 S 260,502 D $8.0158 I See Note (1)
Common Stock 4/18/2000 S 23,660 D $8.1250 46,995 I See Note (1)
Common Stock 4/07/2000 S 108,000 D $8.0973 I See Note (2)
Common Stock 4/07/2000 S 83,700 D $8.1391 I See Note (2)
Common Stock 4/07/2000 S 62,100 D $8.1587 I See Note (2)
Common Stock 4/10/2000 S 12,500 D $8.1250 I See Note (2)
Common Stock 4/10/2000 S 12,500 D $8.0000 I See Note (2)
Common Stock 4/11/2000 S 6,250 D $8.1250 I See Note (2)
Common Stock 4/11/2000 S 98,675 D $8.0158 I See Note (2)
Common Stock 4/18/2000 S 8,925 D $8.1250 19,820 I See Note (2)
Common Stock 4/07/2000 S 36,000 D $8.0973 I See Note (3)
Common Stock 4/07/2000 S 27,900 D $8.1391 I See Note (3)
Common Stock 4/07/2000 S 31,275 D $8.1587 I See Note (3)
Common Stock 4/10/2000 S 4,500 D $8.1250 I See Note (3)
Common Stock 4/10/2000 S 4,500 D $8.0000 I See Note (3)
Common Stock 4/11/2000 S 2,250 D $8.1250 I See Note (3)
Common Stock 4/11/2000 S 35,523 D $8.0158 I See Note (3)
Common Stock 4/18/2000 S 2,415 D $8.1250 3,685 I See Note (3)
==================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
*If the form is filed by more than one reporting person, see Instruction
4(b)(v).
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 control number.
</TABLE>
<PAGE>
<TABLE>
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<CAPTION>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date Exercisable
Derivative or Exercise Date Code Derivative and Expiration
Security Price of (Month/Day/ (Instr. 8) Securities Date
(Instr. 3) Derivative Year) Acquired (A) (Month/Day/Year)
Security or Disposed of
(D) (Instr. 3,
4 and 5)
--------------------------------------------------------------------
Date Expiration
Code V (A) (D) Exercisable Date
--------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
- ---------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
<CAPTION>
7. Title and Amount of 8. Price 9. Number 10. Ownership 11. Nature of
Underlying Securities of of Derivative of Derivative Indirect
(Instr. 3 and 4) Derivative Securities Security: Beneficial
- ------------------------- Security Beneficially Direct (D) Ownership
Amount or (Instr. 5) Owned at end or Indirect (Instr. 4)
Title Number of of Month (I)
Shares (Instr. 4) (Instr. 4)
<S> <C> <C> <C> <C> <C>
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
(1) By Fir Tree Value Fund, L.P. Mr. Tannenbaum, as the General Partner of Fir
Tree Value Fund, L.P., has voting and dispositive power with respect to the
shares of Common Stock held by Fir Tree Value Fund, L.P.
(2) By Fir Tree Institutional Value Fund, L.P., Mr. Tannenbaum, as a member of
the General Partner of Fir Tree Institutional Value Fund, L.P., has voting
and dispositive power with respect to the shares of Common Stock held by
Fir Tree Institutional Value Fund, L.P.
(3) By Fir Tree Value Partners, LDC. Mr. Tannenbaum has voting and dispositive
power with respect to the shares of Common Stock held by Fir Tree Value
Partners LDC pursuant to an Investment Advisory Agreement between such
entity and Mr. Tannenbaum.
</TABLE>
<PAGE>
**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 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
valid OMB Number.
/s/ JEFFREY D. TANNENBAUM May 24, 2000
- ----------------------------------- ------------------------------
Jeffrey D. Tannenbaum Date
** Signature of Reporting Person
