-----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, EaP2jxsCEC030a9k9o8gcPA6gvi2GHzkvBFkHagQKVMvinacf2yhk/QROhZWW7by 9kmcjITvl5ziWW6+TWt6GA== 0000893816-99-000005.txt : 19990511 0000893816-99-000005.hdr.sgml : 19990511 ACCESSION NUMBER: 0000893816-99-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990430 FILED AS OF DATE: 19990510 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMPUTER OUTSOURCING SERVICES INC CENTRAL INDEX KEY: 0000893816 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 133252333 STATE OF INCORPORATION: NY FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-20824 FILM NUMBER: 99616074 BUSINESS ADDRESS: STREET 1: 2 CHRISTIE HEIGHTS STREET CITY: LEONIA STATE: NJ ZIP: 07605 BUSINESS PHONE: 2018404700 COMPANY DATA: COMPANY CONFORMED NAME: LONSTEIN ZACH CENTRAL INDEX KEY: 0000940526 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 360 WEST 31ST STREET STREET 2: C/O COMPUTER OUTSOURCING SERVICES INC CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 2125643730 MAIL ADDRESS: STREET 1: C/O COMPUTER OUTSOURCING SERVICES INC STREET 2: 360 WEST 31ST STREET CITY: NRE YORK STATE: NY ZIP: 10001 4 1 FORM 4 - ------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 ( ) Check this box if no longer subject to OMB APPROVAL Section 16. Form 4 or Form 5 obligations ------------------------ may continue. See Instruction 1(b) OMB No.: 3235-0287 Section 16. Expires: Sept. 30, 98 Estimated average burden hours per response ..0.5 - ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* LONSTEIN, ZACH - --------------------------------------- (Last) (First) (Middle) 2 CHRISTIE HEIGHTS STREET - --------------------------------------- (Street) LEONIA, NJ 07605 - --------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading symbol Computer Outsourcing Services, Inc. (COSI) - ------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) - ---------------------------------------------------- 4. Statement for Month/Year 04/99 - --------------------------- 5. If Amendment, Date of Original (Month/Year) - ---------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director (X) 10% Owner (X) Officer (give title ( ) Other (specify below) below) CEO & Chairman -------------------- 7. Individual or Joint/Group Reporting (Check applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More Than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security 2. Transac- 3. Transac- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of (Instr. 3) tion Date tion Code or Disposed of (D) Securities Form: Indirect (Month/ (Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial Day/Year) ----------- ----------------------------- Owned at End or Indirect Ownership (A) of Month (I) or Code V Amount (D) Price (Instr. 3 & 4) (Instr. 4) (Instr. 4) - -------------------- ------------- ----------- ---------- --- ------------ ---------------- ------------ ------------ Common Stock, $0.01 par value/share 4/30/99 S 15,000 D $8.75 1,609,421 D - -------------------- ------------- ------- ---- ----------- --- ---------- --------------- --------------- ------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. Conver- 3. Trans- 4. Trans- 5. Number 6. Date 7. Title 8. Price 9. Num- 10. Own- 11. Na- Derivative sion or action action of Deri- Exer- & Amount of De- ber of ership ture of Security Exercise Date Code vative cisable of Under rivative Deri- Form Indi- (Instr. Price of (Month/ (Instr. Securi- and Ex- lying Security vative of Der- rect 3) Deriva- day/ 8) tives piration Securi- (Instr. Secu- ivative Bene- tive year) Accquir- Date ty 5) rities Securi- ficial Security ed (A) (Month/ (Instr. Bene- ty: Owner- or Dis- Day/ 3 and 4) ficial- Direct ship posed Year) ly Owned (D) or (Instr. of (D) at End Indirect 4) (Instr. of Month (I) 3, 4, (Instr. (Instr. and 5) 4) 4) --------- --------- ----------- ---------------- Code V (A) (D) Date Ex- Title Amount Exer- pira- or Num- cis- tion ber of able date shares - ------------ ---------- -------- ---- ---- --------- ---- ----- ------- ------- --------- --------- ---------- -------- Employee $5.50/ 2/15 4/13 Common stock option share 4/13/99 M D 25,000 /94 /99 stock 25,000 n/a 75,000 D - ------------ ---------- -------- ---- ---- --------- ---- ----- ------- ------- --------- --------- ---------- -------- Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal /s/ Zach Lonstein Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------------------- ---------- ** Signature of Reporting Person Date
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. Page 2
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