U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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> <C>
- ---------------------------------------- ----------------- -------------------------- -------------
1. Name and Address of Reporting Person 2. Date of Event 4. Issuer Name and Ticker
Requiring Statement or Trading Symbol
(Month/Day/Year)
SPENSE NIGEL MAY 18, 1998 AremisSoft Corporation (AMFT)
- --------------------------------------- ---------------- -----------------------------
(Last) (First) (Middle) 3. IRS or Social 5. Relationship of Reporting 6. If Amendment,
Security Number of Person to Issuer Date of Original
Reporting Person (Check all applicable) (Month/Date/Year)
(Voluntary) [ ]Director [ ]10% owner
[x]Officer [ ]other 7. Individual or
C/O AREMISSOFT CORPORATION, - (title below) (specify below) Joint/ Group Filing
GOLDSWORTH HOUSE, DENTON WAY, Chief (check applicable line)
- ----------------------------- Financial Officer x Form filed by One
Reporting person
(Street) --Form filed by more
WOKING SURREY GU213LG UNITED KINDOM than one reporting
person
- ----------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) TABLE 1 - NON-DERIVATIVE
SECURITIES BENEFICIALLY OWNED
1. Title of Security (Instr. 4) 2. Amount of 3. Ownership Form: 4. Nature of
Securities Direct (D) or Indirect
Beneficially Owned Indirect (I) Beneficial
(Instr. 4) (Instr. 5) Ownership
(Instr.5)
NO SECURITIES ARE BENEFICIALLY OWNED. N/A N/A N/A
</TABLE>
REMINDER: REPORT ON A SEPARATE LINE FOR EACH CLASS OF SECURITIES BENEFICIALLY
OWNED DIRECTLY OR INDIRECTLY.
(OVER)
(PRINT OR TYPE RESPONSES)
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FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G.,
puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Date 3. Title 4.Conversion 5.Ownership 6. Nature of
(Instr. 4) Exercisable and Amount or Exercise Form of Indirect
and Expiration of Securities Price of Derivative Beneficial
Date Securities Derivitive Security: Owernship
(Month/ Underlying Security Direct (D) or (Instr. 5)
Day/Year) Derivative Indirect
Security (I) (Instr.
(Instr. 5)
4)
Date Expiration Amount or
Exer- Date Title Number of
cisable Shares
THERE ARE NO SECURITIES BENEFICIALLY N/A N/A N/A N/A
</TABLE>
Explanation of Responses:
NIGEL SPENSE
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
MAY 28, 1998
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
**Signature of Reporting Person
Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient,
Nigel Spense
SEE Instruction 6 for procedure.
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