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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 -------------------------------
- ------ OMB Number: 3235-0104
Expires: September 30, 1998
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Estimated average burden
hours per response..........0.5
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(Print or
Type Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Responses) Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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<S> <C> <C> <C>
1. Name and Address of Reporting Person* 2. Date of Event 4. Issuer Name
Requiring and Ticker
Commisso, Rocco B Statement or Trading Symbol
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(Last) (First) (Middle) SoftNet Systems,
12/27/99 Inc. (SOFN)
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3. I.R.S 5. Relationship of 6. If Amendment, Date of
Identification Reporting Person(s) Original (Month/Day/Year)
650 Townsend Street, Suite 225 Number of to Issuer
- ------------------------------------------ Reporting (Check all applicable) -------------------------------------
(Street) Person, if an 7. Individual or
entity (voluntary) X Director --- 10% Owner Joint/Group Filing
--- Officer --- Other (Check Applicable Line)
(give title (specify X Form filed by One Reporting Person
below) below)
--- Form filed by More than One
Reporting Person
San Francisco, CA 94103-4908 ------------------------------
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(City) (State) (Zip)
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Table I - Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Form: Direct Ownership (Instr. 5)
(Instr. 4) (D) or
Indirect (I)
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No Securities Owned
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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 5(b)(v). Potential persons who
are respond to the collection of information contained in this form are not required to respond unless SEC 1473 (7-96)
the form displays a currently valid OMB control number.
</FN>
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Date Exer- 3. Title and Amount 4. Conver- 5. Owner- 6. Nature of
(Instr. 4) cisable and of Securities sion or ship Indirect
Expiration Underlying Derivative Exercise Form of Beneficial
Date Security (Instr. 4) Price of Deriv- Ownership
(Month/ Derivative ative (Instr. 5)
Day/Year) Security Security:
---------------------------------------- Direct
Date Expira- Amount (D) or
Exer- tion Title or Indirect
cisable Date Number of (I)
Shares (Instr. 5)
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Explanation of Responses:
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** Intentional misstatements or omissions of facts constitute Federal Criminal **Signature of Reporting Person Date
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 is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained Page 2
in this form are not required to respond unless the form displays a currently SEC 1473 (7-97)
valid OMB Number.
</FN>
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