-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WHquLNyyxV0MZGaZF+DjCAAxOQOh96tVRuJQYIHQ/LuL5NQ3x3gnxrljoJtNUs0L /3fkt1CVumoRZMsITM8Ggw== 0001012975-02-000207.txt : 20020710 0001012975-02-000207.hdr.sgml : 20020710 20020710101526 ACCESSION NUMBER: 0001012975-02-000207 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020630 FILED AS OF DATE: 20020710 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LEVEL 8 SYSTEMS INC CENTRAL INDEX KEY: 0000945384 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 112920559 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26392 FILM NUMBER: 02699335 BUSINESS ADDRESS: STREET 1: 8000 REGENCY PARKWAY CITY: CARY STATE: NC ZIP: 27511 BUSINESS PHONE: 2122441234 MAIL ADDRESS: STREET 1: 8000 REGENCY PARKWAY CITY: CARY STATE: NC ZIP: 27511 FORMER COMPANY: FORMER CONFORMED NAME: ACROSS DATA SYSTEMS INC DATE OF NAME CHANGE: 19950517 COMPANY DATA: COMPANY CONFORMED NAME: LIRAZ SYSTEMS LTD CENTRAL INDEX KEY: 0001008408 OWNER STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 5 HATZOREF STREET CITY: HOLON 5886 ISRAEL STATE: L3 ZIP: 00000 BUSINESS PHONE: 2122441234 MAIL ADDRESS: STREET 1: 5 HATZOREF STREET CITY: HOLON 5886 ISRAEL STATE: L3 4 1 eform4.txt ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0287 Expires: December 31, 2001 Estimated average burden Hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [X] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). SEE FOOTNOTE 2 BELOW (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* Liraz Systems Ltd. - -------------------------------------------------------------------------------- (Last) (First) (Middle) 3 Azrieli Center - -------------------------------------------------------------------------------- (Street) Tel Aviv Israel 67023 - -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Level 8 Systems, Inc. - LVEL ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) N/A ________________________________________________________________________________ 4. Statement for Month/Year June 2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [_] Form filed by one Reporting Person [X] Form filed by more than one Reporting Person ________________________________________________________________________________ ================================================================================ TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/04/2002 S 400,000 D $ 0.67 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/05/2002 S 11,000 D $ 0.78 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/06/2002 S 300,000 D $ 0.47 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/06/2002 S 54,000 D $ 0.60 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/10/2002 S 636,500 D $ 0.51 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/10/2002 S 250,000 D $ 0.42 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/11/2002 S 50,000 D $ 0.82 (I) (1) - ------------------------------------------------------------------------------------------------------------------------------------
FORM 4 (CONTINUED) TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/11/2002 S 50,000 D $ 0.42 (D) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/12/2002 S 49,200 D $ 0.60 (I) (1) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/17/2002 S 10,000 D $ 0.49 (I) (1) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/18/2002 S 9,600 D $ 0.46 (I) (1) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/20/2002 S 55,900 D $ 0.38 (I) (1) - ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 06/21/2002 S 29,157 D $ 0.37 1,880,411 (I) (1) (2) ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ================================================================================
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) These shares are owned directly by Advanced Systems Europe B.V. and indirectly by Liraz Systems Ltd., which wholly owns Advanced Systems Europe B.V. (2) Less than 10% (i.e., 9.3%) of the Common Stock. See Attached 7/09/02 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date *If the form is filed by more than one reporting person, see instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. NAME AND ADDRESS OF FILERS FOR FORM 4 AND SIGNATURES OF FILING. LIRAZ SYSTEMS LTD. By: Yossi Shemesh/ Arie Kilman July 9, 2002 ----------------------------------------- ---------------------------- LIRAZ SYSTEMS LTD. ("Liraz") an Israeli corporation with its principal business office at 3 Azrieli Center, 67023 Tel Aviv, Israel ADVANCED SYSTEMS EUROPE B.V. By: Yossi Shemesh/Yoel Amir July 9, 2002 ----------------------------------------- ---------------------------- ADVANCED SYSTEMS EUROPE B.V. ("Advanced Systems") Date a Dutch corporation, with its principal place of business at 7b Vlierwerf, 4703 SB Roosendaal, Netherlands. Advanced Systems is a wholly- owned subsidiary of Liraz. -----END PRIVACY-ENHANCED MESSAGE-----