X0202 3 2005-01-03 0 0000796655 ANTS SOFTWARE INC ANTS 0001225618 KITE ROBERT H 6200 E HUNTRESS DRIVE PARADISE VALLEY AZ 85253 1 0 0 0 Common Stock 250000 D Warrant to Purchase Common Stock 2 2003-10-08 2006-03-31 Common Stock 150000 D Warrant to Purchase Common Stock 2 2004-03-12 2006-03-31 Common Stock 100000 D Option to Purchase Shares 2.15 2005-01-04 2015-01-03 Common Stock 125000 D In October 2003, Mr. Kite purchased 150,000 units and in March 2004 Mr. Kite purchased 100,000 units at a price of $.75 per unit, with each unit consisting of (i) one share of common stock and (ii) a warrant to purchase one share of common stock. The shares of common stock are "restricted securities" as that term is defined in paragraph (a) of Rule 144 of the Securities Act of 1933, as amended. On January 7, 2005 Mr. Kite was granted an option to purchase 125,000 shares, of which 25.12% shall vest on July 7, 2005; thereafter, 4.16% shall vest each month such that 100% are vested after two years. Robert Kite 2005-01-12