X0202 4 2004-05-21 0000879796 ARI NETWORK SERVICES INC /WI ARIS 0001240271 MCGURK MICHAEL E 11425 W. LAKE PARK DRIVE MILWAUKEE WI 53202 0 1 0 0 VP Technology Operations Stock Option 1.565 2004-05-21 4 A 0 23750 A 2014-05-21 Common Stock 23750 23750 D 50% of the options were exercisable on date of grant; 25% become exercisable on 7/31/05 and 25% become exercisable on 7/31/06. On November 19, 2003, the issuer canceled options granted to the reporting person pursuant to the issuer's Offer to Exchange Outstanding Option Grants for New Option Grants to be issued no sooner than May 20, 2004. In exchange the reporting person received the option reported herein. Timothy Sherlock (pursuant to Power of Attorney previously filed) 2004-05-24