FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
FORM 4 Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
|_| Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
Instruction 1(b).
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
(Print or Type Responses)
<TABLE>
<S> <C> <C>
1. Name and Address of Reporting Person* 2.Issuer Name and 5. Relationship of Reporting
Ticker or Trading Symbol Person(s) to Issuer
--------------------------------------------------------------------------- (Check all applicable)
--- Director --- 10% Owner
(Last) (First) (Middle) ArmisSoft Corporation (AMFT) --- Officer -X- Other
VISWANATHAN, SUNDAR (give title below) (specify below)
FORMER DIRECTOR
AND OFFICER
3. Statement 4. If Amendment, Date -----------------------------------
for Month/Year of Original (Month/Year)
7. Individual or Joint/Group Filing
8/98 ---- (Check Applicable Line)
X Form filed by one Reporting
- ---------------------------------------- Person
Form filed by More than One
(Street) Reporting Person
c/o
AremisSoft Corporation, 60 Bishopsgate -----------------------------------
- ---------------------------------------
(City) (State) (Zip)
- ---------------------------------------
London ECN 4AJ ENGLAND
</TABLE>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
- ----------------------------------------------------------------------------- ------------------------------------------------
1. Title 2. Transaction 3. Transaction 4. Securities Acquired (A) 5. Amount 6. Ownership 7.Nature of
of Date Code or Disposed (D)(Instr.3,4,and 5) of Form: Direct Indirect
Security (Mo/Day/Yr) (Instr. 8) Securities (D) or Beneficial
(Inst.3) ---------------------------------------------------- Beneficially Indirect(I) Ownership
Code V Amount (A) or (D) Price Owned at (Instr.4) (Instr.4)
End of Month
- ----------------------------------------------------------------------------- (Instr.3 and 4)
-------------------------------------------------
===================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
</TABLE>
<PAGE>2
FORM 4 (continued)
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
- -----------------------------------------------------------------------------
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Title Conversion Transaction Transaction Nature of Date Exercisable Title Price Number Ownersip Nature of
of of Date Code Derivative and Expiration and of of Form of Indirect
Derivative Exercise (Mo/Day/Yr) (Instr. 8) Securities Date(Mo/Day/Year)Amount Deriv- Deriv- Derivative Beneficial
Security Price of Aquired(A) of ative ative Security: Ownership
(Instr. 3) Derivative Disposed Underlying Secur- Securi- Direct (D) (Instr.4)
Security of (D) Securities ity ties or Indirect
(Instr. 3, (Instr. Benefic- (I)(Instr4)
4 and 5) 3 and 4) ally
owned
------------------------------------------------------------- at end
Code V (A) (D) Date Expir- Title Amount of month
Exercis- ation (Instr.4)
able Date
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
/s/SUNDAR VISWANATHAN 10/98
-------------------------------- ------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
