Home > Insider Trading > Filing (0001140361-13-022316)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
879796	Ari Network Services Inc	ARI	Services-Computer Programming, Data Processing, Etc. (7370)	391388360

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1576411	D. Michael Sifen	500 Central Drive, Suite 106 Virginia Beach VA 23454		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-03-15	200,000	$1.50	640,000	No	4	P	Indirect	Michael D. Sifen, Inc.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Michael D. Sifen, Inc.

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
66667	Warrants	Acquisiton	2013-03-15	66,667	$0.00	66,667	$2.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
66,667	2013-03-12	2018-03-15	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	498,461	Direct

Footnotes

Michael D. Sifen, Inc. acquired 200,000 shares of the Issuer on March 15, 2013. Michael D. Sifen is the sole shareholder and President of Michael D. Sifen, Inc. and possesses the power to vote and the power to direct the disposition of all shares of common stock of the Issuer held by Michael D. Sifen, Inc. As a result of the foregoing, pursuant to Section 240.13d-3 of the regulations promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended (the "Regulations"), Michael D. Sifen may be deemed to be the beneficial owner of such shares of common stock of the Issuer held by Michael D. Sifen, Inc.
Michael D. Sifen, Inc. acquired warrants to purchase shares of common stock of the Issuer on March 15, 2013. The warrants were issued to Michael D. Sifen, Inc. in connection with its purchase of common stock of the Issuer on March 15, 2013.
Michael D. Sifen is the sole shareholder and President of Michael D. Sifen, Inc. and possesses the power to vote and the power to direct the disposition of all securities of the Issuer held by Michael D. Sifen, Inc. As a result of the foregoing, pursuant to Section 240.13d-3 of the Regulations, Michael D. Sifen may be deemed to be the beneficial owner of the warrants held by Michael D. Sifen, Inc.