X0201 42003-08-27 0000894743 NEOWARE SYSTEMS INC NWRE 0001236828 WRABLEY MATTHEW D C/O NEOWARE SYSTEMS INC 400 FEHELEY DRIVE KING OF PRUSSIA PA 19406 0100Exec. VP of SalesCommon Stock2003-08-274M0125002.45A12500DCommon Stock2003-08-274S01250018.80D0DStock Option (right to buy)2.452003-08-274M012500D2006-07-02Common Stock1250025000DThe 12,500 options exercised herein became exercisable on 7/2/2003 and the remaining 25,000 options become exercisable on each of 7/2/2004 and 7/2/2005.Not applicable.Matthew D. Wrabley2003-08-28