UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Rasinski, Susan L.
c/o Eagle Creek Capital
2300 Carillon Point
Kirkland, Washington 98033
United States
2. Issuer Name and Ticker or Trading Symbol
State of the Art, Inc., a California corporation
SOTA
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
March 31, 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 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
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common stock, no par value |03/02/|U | |6,745 |D |22.0000 |0 | | |
|98 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Option: right to purc|7.000 |03/30|J | |10,000 |D |12/06|06/06|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/94 |/99 | | | | | | |
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Option: right to purc|6.750 |03/30|J | |2,500 |D |06/07|06/06|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/95 |/99 | | | | | | |
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Option: right to purc|6.750 |03/30|J | |2,500 |D |06/07|06/06|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/96 |/99 | | | | | | |
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Option: right to purc|6.750 |03/30|J | |2,500 |D |06/07|06/06|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/97 |/99 | | | | | | |
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Option: right to purc|6.750 |03/30|J | |2,500 |D |06/07|06/06|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/98 |/99 | | | | | | |
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Option: right to purc|10.625 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/96 |/00 | | | | | | |
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Option: right to purc|10.625 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/97 |/00 | | | | | | |
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Option: right to purc|10.625 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/98 |/00 | | | | | | |
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Option: right to purc|10.625 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/99 |/00 | | | | | | |
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Option: right to purc|14.750 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/97 |/01 | | | | | | |
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Option: right to purc|14.750 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/98 |/01 | | | | | | |
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Option: right to purc|14.750 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/99 |/01 | | | | | | |
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Option: right to purc|14.750 |03/30|J | |2,500 |D |04/26|04/25|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/00 |/01 | | | | | | |
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Option: right to purc|10.875 |03/30|J | |2,500 |D |05/29|05/28|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/98 |/02 | | | | | | |
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Option: right to purc|10.875 |03/30|J | |2,500 |D |05/29|05/28|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/99 |/02 | | | | | | |
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Option: right to purc|10.875 |03/30|J | |2,500 |D |05/29|05/28|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/00 |/02 | | | | | | |
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Option: right to purc|10.875 |03/30|J | |2,500 |D |05/29|05/28|Common stock|1 |0 |0 | | |
hase | |/98 | | | | |/01 |/02 | | | | | | |
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Explanation of Responses:
J: Cashout and cancellation of options pursuant to the acquisition of the
issuer by the Sage Group plc. The reporting person received a cash
payment for each cancelled option, equal to the difference between Sage's
tender offer of $22.00 per share and the option's exercise price.
SIGNATURE OF REPORTING PERSON
Susan L. Rasinski
DATE
7 April 1998