UNITED STATES 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(h) of the Investment Company Act of 1940
____ Check if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instruction 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting Person* ALIGIZAKIS, EMMANUEL |
2. Issuer Name and Ticker or Trading Symbol AI SOFTWARE INC.; OTCBB:AISF |
6. Relationship of Reporting Person(s) to Issuer check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below) | |||||||||||
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(Last) (First) (Middle)
2091 140TH STREET |
3. I.R.S. Identification N/A |
4. Statement for Month/Day/Year 03/27/2003 | |||||||||||
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(Address)
SURREY, B.C., V4A 9V9 | |||||||||||||
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5. If Amendment, Date of Original (Month/Day/Year) N/A |
6. Individual or Joint/Group
Filing
_________Form filed by More than One Reporting Person | ||||||||||||
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(City) (State/Prov) (Zip/Postal) | |||||||||||||
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Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||||
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1. Title of Security (Instr.4) |
2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date (Month/Day/Year) |
3. Transaction Code (Instr.8) |
4. Securities Acquired (A) or Disposed of (D) (Instr.3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transactions (s) (Instr.3 and 4) |
6. Ownership Form: Direct (D) or Indirect
(I) |
7. Nature of Indirect Beneficial
Ownership | ||||||
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Code |
V |
Amount |
(A) or (D) |
Price | |||||||||
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COMMON |
MARCH 19, 2003 |
N/A |
D |
975,000 |
D |
0 |
275,000 |
D |
N/A | ||||
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 5(b)(v).
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 control number.
FORM 4
(continued)Table II - Derivative securities Acquired, Disposed of, or Beneficially Owned
(e.g.,, puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security (Instr. 4) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/ Day/ Year) |
3A. Deemed Execution Date, if any Month/Day/Year) |
4. Transaction Code (Instr.8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.3, 4 and 5) |
6. Date Exerciseable & Expiration Date (Month/Day/ Year) |
7. Title and Amount of Underlying Securities |
8. Price of Derivative Security |
9. Number of Derivative Securities Beneficially Owned Following
Reported Transaction(s) |
10. Ownership Form of Derivative Securities: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership | ||||
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Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares | ||||||||
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N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A | ||||
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Explanation of Responses: On March 19, 2003, the reporting person returned a total of 975,000 shares of common stock of the Issuer for no cash or other consideration. Following the return to treasury, the reporting person owns a total of 275,000 shares of common stock.
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/s/ Emmanuel Aligizakis |
March 27, 2003______________ |
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**Signature of Reporting Person |
Date |
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).