[ ] Check box if no longer subject to Section 16.
Form 4 or Form 5 obligation may continue.
See Instruction 1(b).
---
FORM 4
UNITED STATES 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
<TABLE>
<CAPTION>
-------------------------------------------------------------- -------------------------- ---------------------------------------
<S> <C> <C>
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker 6. Relationship of Reporting Person
or Trading Symbol to Issuer (Check all applicable)
Bailye John E. DENDRITE INTERNATIONAL, X Director X 10% Owner
-------------------------------------------------------------- INC. ("DRTE") -- --
(Last) (First) (Middle) Nasdaq National Market X Officer Other (specify
-- --
(give title below) below)
CHAIRMAN AND CHIEF EXECUTIVE
OFFICER
-------------------------------------------------------------- -------------------------- --------------------------------------
3. IRS Idendtification 4. Statement for Month/Year
Number of Reporting
P.O. Box 749 Person, if an Entity DECEMBER 2000
-------------------------------------------------------------- (Voluntary)
(Street)
Far Hills NJ 07931-0749 --------------------------- ------------------------------------
-------------------------------------------------------------- 5. If Amendment, Date 7. Individual or Joint/Group Filing
(City) (State) (Zip) of Original (Month/Year) (Check applicable line)
December 8, 2000 X Form filed by one Reporting Person
--------------------------- --
Form filed by more than one
-- Reporting Person
<CAPTION>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
-------------------------------------------------------------- ----------------------------------- ---------------------------------
<S> <C> <C>
1. Title of Security 2. Transaction Date 3. Transaction Code
(Instruction 3) (Month/Day/Year) (Instruction 8)
Code V
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/1/00 S
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/4/00 S
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/4/00 S
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/5/00 S
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/5/00 S
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/7/00 M (1)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/7/00 F (1)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/7/00 F (1)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/27/00 S (2)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/27/00 S (2)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/27/00 S (2)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/27/00 S (2)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/28/00 S (2)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
Common Stock 12/28/00 S (2)
-------------------------------------------------------------- ----------------------------------- ---------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities 6. Ownership Form: 7. Nature of Indirect
(Instructions 3, 4 and 5) Beneficially Owned at Direct (D) or Beneficial Ownership
End of Month Indirect (I) (Instruction 4)
(Instructions 3 and 4)(1) (Instruction 4)
<S> <C> <C> <C>
Amount (1) (A) or (D) Price
----------------------------------------------- -------------------------- --------------------- ------------------------
6,000 D $17.500 D
----------------------------------------------- -------------------------- --------------------- ------------------------
1,000 D $16.750 D
----------------------------------------------- -------------------------- --------------------- ------------------------
500 D $16.750 I (3)
----------------------------------------------- -------------------------- --------------------- ------------------------
750 D $16.500 D
----------------------------------------------- -------------------------- --------------------- ------------------------
250 D $16.500 I (3)
----------------------------------------------- -------------------------- --------------------- ------------------------
350,000 A (1) $ 6.4167 D
----------------------------------------------- -------------------------- --------------------- ------------------------
188,560 D (1) $12.0625 D
----------------------------------------------- -------------------------- --------------------- ------------------------
161,440 D (1) $12.0625 D
----------------------------------------------- -------------------------- --------------------- ------------------------
4,000 D (2) $21.575 D
----------------------------------------------- -------------------------- --------------------- ------------------------
1,000 D (2) $21.575 I (3)
----------------------------------------------- -------------------------- --------------------- ------------------------
10,000 D (2) $22.0025 D
----------------------------------------------- -------------------------- --------------------- ------------------------
1,500 D (2) $22.0025 I (3)
----------------------------------------------- -------------------------- --------------------- ------------------------
6,000 D (2) $21.5721 3,155,396 D
----------------------------------------------- -------------------------- --------------------- ------------------------
500 D (2) $21.5721 780,405 I (3)
----------------------------------------------- -------------------------- --------------------- ------------------------
</TABLE>
(1) ON DECEMBER 7, 2000, MR. BAILYE EXERCISED AN OPTION FOR 350,000 SHARES
AND CONTINUES TO HOLD THE SHARES (NO SALE OF SHARES INTO THE MARKET).
MR. BAILYE SATISFIED THE EXERCISE PRICE (AND TAX WITHHOLDING) FOR THE
350,000 SHARES COVERED BY THE OPTION BY DELIVERING TO THE COMPANY
EXISTING MATURE SHARES.
(2) THESE SALES ARE PURSUANT TO A "10B5-1 STOCK TRADING PLAN" WHICH WAS
IMPLEMENTED BY MR. BAILYE IN RESPONSE TO THE RECENT ENACTMENT OF
EXCHANGE ACT RULE 10b5-1 BY THE SECURITIES AND EXCHANGE COMMISSION,
WHICH PERMITS EMPLOYEES TO ESTABLISH FIXED TRADING PLANS WHEN THEY ARE
NOT IN POSSESSION OF MATERIAL NONPUBLIC INFORMATION AND ENABLES AN
EMPLOYEE TO SELL SHARES THROUGH A THIRD PARTY BROKER AT SPECIFIED
PERIODIC INTERVALS.
(3) These shares are held by Carinya Holding Company ("Carinya"). Carinya
is a general partnership consisting of Mr. Bailye, Mr. Bailye's wife
and trusts for the benefit of each of their two minor children, as
general partners. The trustees of such trusts are Mr. Bailye's parents
and Mrs. Bailye's parents, respectively, as general partners. Mr.
Bailye disclaims beneficial ownership of the shares owned of record by
Carinya, except to the extent of the two 10% partners' interests
therein owned by Mr. Bailye and his spouse, respectively. Such amount
also includes 82,000 shares held by the Bailye Family Foundation (the
"Foundation"). The Foundation is a trust established exclusively to
provide financial support for charitable organizations which are
intended to be tax-exempt institutions under Section 501(c)(3) of the
Internal Revenue Code of 1986, as amended. Mr. Bailye and his spouse
constitute two of the three trustees of the Foundation.
<PAGE>
<TABLE>
<CAPTION>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
----------------- ------------ ------------ --------------- -------------------- ---------------------- ---------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of 2. Conversion 3. Trans- 4. Transaction 5. Number of 6. Date Exercisable 7. Title and Amount
Derivative or action Code Derivative and Expiration of Underlying
Security Exercise Date (Instruction Securities Date (Month/Day/ Securities
(Instruction 3) Price of (Month/ 8) Acquired (A) Year) (Instructions 3 and 4)
Derivative Day/ Year) or Disposed of
Security (D) (Instructions
3, 4 and 5)
------- ------- ---------- --------- ----------- ---------- ----------- ---------
Code V (A) (D) Date Expiration Title Amt or
Exercisable Date # of
Shares
----------------- ------------ ------------ ------- ------- ---------- --------- ----------- ---------- ----------- ---------
Options to $12.0625 12/7/00 A 188,560 12/7/01 12/6/10 Common 188,560
Purchase Common Stock
Stock(1)(2)
----------------- ------------ ------------ ------- ------- ---------- --------- ----------- ---------- ----------- ---------
----------------- ------------ ------------ ------- ------- ---------- --------- ----------- ---------- ----------- ---------
Options to $6.4167 12/7/00 M 350,000 10/21/98 10/20/08 Common 350,000
Purchase Common Stock
Stock(1)
----------------- ------------ ------------ ------- ------- ---------- --------- ----------- ---------- ----------- ---------
<CAPTION>
<S> <C> <C> <C>
8. Price of 9. Number of Derivative 10. Ownership Form 11. Nature of Indirect
Derivative Securities Beneficially of Derivative Beneficial
Security Owned at End of Month Security: Direct (D) Ownership
(Inst. 5) (Inst. 4) Indirect (I) (Inst. 4)
(Inst. 4)
--------------- --------------- ------------ ------------------
$0.00 188,560 D
--------------- --------------- ------------ ---------------
$0.00 0
--------------- --------------- ------------ ---------------
</TABLE>
Explanation of Responses:
(1) Such options become exercisable as follows: 25% on the first anniversary of
the date of grant, and the remaining 75% shall become exercisable pro-rata
on a monthly basis over the three years thereafter.
(2) Reload option under the Company's stock option plan based on optionee using
existing mature shares for payment of exercise price (and tax withholding).
JOHN E. BAILYE 01/10/01
________________________________________ ________________
**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 or which must be manually
signed. If space provided is insufficient, see Instruction 6 for procedure.
