No short squeeze with this kind dump: "1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer Info-Quest SA AREMISSOFT CORPORATION (Check all applicable) ("AREM") -- Director X 10% Owner -- Officer -- Other (give title below) (specify below) ----------------------------------------- -------------------- -------------------- -------------------------------------- (Last) (First) (Middle) 3. I.R.S. 4. Statement for Identification (Month/Year) Number of Reporting 25 Pantou Street Person, if an 05/2001 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 176 Kallithea Athens Greece (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 4. Securities Securities 6. Ownership 7. Nature of Acquired (A) or Beneficially Form: Direct Indirect 3. Transaction Disposed of (D) Owned at End (D) or Beneficial 1. Title of Security 2. Transaction Date Code(Instr.8.) (Instr. 3, 4 and 5) of Month Indirect (I Ownership (Instr. 3) (Mo./Day/Yr.) Code V Amount (A)or(D) Price (Instr.3,4,5) (Instr. 4) (Instr. 4) ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/2/01 S 5,000 D $16.81 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/2/01 S 5,000 D $16.75 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/3/01 S 10,000 D $15.20 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/4/01 S 5,000 D $15.00 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/4/01 S 5,000 D $15.40 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/4/01 S 5,000 D $15.40 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/4/01 S 5,000 D $15.60 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/4/01 S 10,000 D $16.00 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/7/01 S 5,000 D $16.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.05 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- </TABLE> <PAGE> 2 TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED <TABLE> <S> <C> <C> <C> <C> <C> <C> 5. Amount of 4. Securities Securities 6. Ownership 7. Nature of Acquired (A) or Beneficially Form: Direct Indirect 3. Transaction Disposed of (D) Owned at End (D) or Beneficial 1. Title of Security 2. Transaction Date Code(Instr.8.) (Instr. 3, 4 and 5) of Month Indirect (I Ownership (Instr. 3) (Mo./Day/Yr.) Code V Amount (A)or(D) Price (Instr.3,4,5) (Instr. 4) (Instr. 4) ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.15 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.25 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.27 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.35 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.40 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.50 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.56 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/8/01 S 10,000 D $16.60 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/9/01 S 10,000 D $16.65 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 30,000 D $17.00 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 10,000 D $17.02 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 10,000 D $17.05 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 10,000 D $17.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 10,000 D $17.20 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 10,000 D $17.30 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/10/01 S 10,000 D $17.40 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 10,000 D $17.85 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 10,000 D $17.90 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 35,000 D $18.05 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 10,000 D $18.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 5,000 D $18.25 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 5,000 D $18.30 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 5,000 D $18.50 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 5,000 D $18.59 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 5,000 D $18.60 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 10,000 D $18.80 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- </TABLE> <PAGE> 3 TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<TABLE> <S> <C> <C> <C> <C> <C> <C> 5. Amount of 4. Securities Securities 6. Ownership 7. Nature of Acquired (A) or Beneficially Form: Direct Indirect 3. Transaction Disposed of (D) Owned at End (D) or Beneficial 1. Title of Security 2. Transaction Date Code(Instr.8.) (Instr. 3, 4 and 5) of Month Indirect (I Ownership (Instr. 3) (Mo./Day/Yr.) Code V Amount (A)or(D) Price (Instr.3,4,5) (Instr. 4) (Instr. 4) ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 10,000 D $18.90 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 20,000 D $19.00 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 20,000 D $19.05 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 30,000 D $19.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/11/01 S 30,000 D $19.15 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/14/01 S 10,000 D $18.45 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/14/01 S 10,000 D $18.50 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/21/01 S 10,000 D $13.90 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/21/01 S 10,000 D $14.00 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/21/01 S 10,000 D $14.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/21/01 S 5,000 D $14.20 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/22/01 S 10,000 D $13.70 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/22/01 S 20,000 D $13.75 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/22/01 S 10,000 D $13.85 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/22/01 S 10,000 D $13.90 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/23/01 S 10,000 D $13.50 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $13.80 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $13.90 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $14.00 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 5,000 D $14.05 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $14.10 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $14.45 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $14.50 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $14.60 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/24/01 S 10,000 D $14.70 D ------------------- ------------------- -------- ------- -------- ------- ------- -------------- ------------ ------------- Common Stock 5/25/01 S 8,000 D $14.50 6,465,846 D =================== =================== ======== ======= ======== ======= ======= ============== ============ ============= 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> 4 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> 6.Date 9.Number 10.Owner- 5.Number Exercisable 7.Title and of Deriv- ship Form of Derivitive and Expira- Amount of itive of Deriv- Securities tion Date Underlying Securities itive 4.Trans- Aquired (A) (Mo./Day/Yr.) Securities 8.Price Benefi- Security 1.Title 2.Conversion 3.Trans- action or Disposed ------------- (Instr.3 and 4) of Deri- cially Direct 11.Nature of or Exercise action Code of (D) Date ---------------- vitive owned at (D) or of Bene- Derivitive Price of Date (Instr. 8) (Instr. 3,4,5) Exer- Expira- Amount or Security End of Indirect ficial Security Derivitive (Mo./Day/ ---------- -------------- cis- tion Number of (Instr. Month (I) Ownership (Instr.3) Security Yr.) Code V A D able Date Title Shares 5) (Instr.4) (Instr. 4)(Instr.4) ---------- ------------ --------- ----- ---- ----- ------- ------- ------- ----- --------- -------- --------- ---------- -------- ---------- ------------ --------- ----- ---- ----- ------- ------- ------- ----- --------- -------- --------- ---------- -------- |