To: Bob Rudd who wrote (369 ) 6/11/2001 4:20:23 PM From: Sir Auric Goldfinger Read Replies (1) | Respond to of 683 More! all conviently posted right at the close: "1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer Kyprianou Lycourgos K. AREMISSOFT CORPORATION (Check all applicable) ("AREM") X Director --- 10% Owner X Officer --- Other (give title below) (specify below) Co-Chief Executive Officer ----------------------------------------- -------------------- -------------------- -------------------------------------- (Last) (First) (Middle) 3. I.R.S. 4. Statement for Identification (Month/Year) AremisSoft Corporation Number of Reporting 05/2001 Haddon Avenue Person, if an Entity ------------------- (Voluntary) --------------------------------------- (Street) -- 7. Individual or Joint/Group Filing 5. If Amendment, (Check Applicable Line) Date of Original X Form filed by one Reporting Person Westmont NJ 08108 (Month/Year) --- Form filed by More than One N/A Reporting Person ---------- ------------ -------- ----------------------------------------- (City) (State) (Zip) </TABLE> TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED <TABLE> <S> <C> <C> <C> <C> <C> <C> 5. Amount of 6.Ownership 4. Securities Acquired (A) Securities Form: 7.Nature of 3. Transaction or Disposed of (D) Beneficially Direct (D) Indirect Code(Instr.8.) (Instr. 3, 4 and 5) Owned at End or Indirect Beneficial 1. Title of Security 2. Transaction Date ---------------- -------------------------- of Month (I) Ownership (Instr. 3) (Mo./Day/Yr.) Code V Amount (A)or(D) Price (Instr.3 & 4) (Instr. 4) (Instr. 4) -------------------- ------------------- -------- ------- --------- -------- ------- -------------- ------------- ------------ Common Stock 5/24/01 P 10,000 A $13.215 I By Aremis Technology, Ltd. -------------------- ------------------- -------- ------- --------- -------- ------- -------------- ------------- ------------ Common Stock 5/25/01 P 10,000 A $12.91 620,000 I By Aremis Technology, Ltd. -------------------- ------------------- -------- ------- --------- -------- ------- -------------- ------------- ------------ Common Stock 3,175,580 I By Aremis Holdings, Ltd. -------------------- ------------------- -------- ------- --------- -------- ------- -------------- ------------- ------------ </TABLE> 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). <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> <C> 9.Number 7. Title and of 10.Owner- Amount of Deriv- ship Underlying ative Form 5.Number of 6.Date Securities 8.Price Secu- of Deriv- 11.Nature 2.Conver- Derivative Exercisable (Instr.3 and 4) of rities ative of sion or 4.Trans- Securities and Expiration ---------------- Deriv- Benefi- Security Indirect 1.Title Exercise 3.Trans- action Aquired (A) or Date (Mo/Day/Yr) Amount ative cially :Direct Bene- of Deri- Price of action Code Disposed of (D) ----------------- or Secu- Owned (D) or ficial vative Deriv- Date (Instr.8) (Inst.3, 4, & 5) Date Expi- Number rity at End Indirect Owner- Security ative (Mo/Day/ --------- ---------------- exer- ration of (Instr. of Month (I) ship (Instr. 3) Security Yr) Code V A D cisable Date Title Shares 5) (Inst.4) (Inst.4) (Inst.4) ---------- -------- --------- ---- ---- -------- ------- -------- -------- -------- -------- ------- -------- --------- ---------- ---------- -------- --------- ---- ---- -------- ------- -------- -------- -------- -------- ------- -------- --------- ---------- ---------- -------- --------- ---- ---- -------- ------- -------- -------- -------- -------- ------- -------- --------- ---------- ---------- -------- --------- ---- ---- -------- ------- -------- -------- -------- -------- ------- -------- --------- ---------- </TABLE> Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ LYCOURGOS K. KYPRIANOU June 8, 2001 -------------------------------------- -------------------- *Signature of Reporting Person Date Lycourgos K. Kyprianou Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. </TEXT> </DOCUMENT>