SEC FORM 4

SEC Form 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SIMONS JAMES H

(Last)

(First)

(Middle)

RENAISSANCE TECHNOLOGIES CORP.

800 THIRD AVENUE

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SEGUE SOFTWARE INC [ SEGU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/20/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (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 (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (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 Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								286,666	D
Common Stock								806,973	I	By Shining Sea Ltd.⁽¹⁾
Series C Convertible Preferred Stock	10/20/2003		P		158,334	A	$3	158,334	I	By LLC⁽²⁾⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	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 Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
NQSO	$22.25							⁽⁴⁾	04/02/2006	Common Stock	4,000		4,000	D
NQSO	$9.5							⁽⁴⁾	04/02/2007	Common Stock	4,000		4,000	D
NQSO	$14.563							⁽⁴⁾	04/02/2008	Common Stock	4,000		4,000	D
NQSQ	$9.313							⁽⁴⁾	04/02/2009	Common Stock	4,000		4,000	D
NQSQ	$12.313							⁽⁴⁾	04/03/2010	Common Stock	2,000		2,000	D
NQSQ	$12.313							⁽⁴⁾	04/03/2010	Common Stock	1,000		1,000	D
NQSQ	$12.313							⁽⁴⁾	04/03/2010	Common Stock	1,000		1,000	D
NQSQ	$5.093							⁽⁴⁾	04/02/2011	Common Stock	2,000		2,000	D
NQSQ	$5.093							⁽⁴⁾	04/02/2011	Common Stock	1,000		1,000	D
NQSQ	$5.093							⁽⁴⁾	04/02/2011	Common Stock	1,000		1,000	D

Explanation of Responses:

1. Beneficially owned by Bermuda Trust Company as trustee of certain trusts, including the Lord Jim Trust, for the benefit of Dr. Simons and his descendants. Dr. Simons disclaims beneficial ownership of these shares.

2. Beneficially owned by S-7 Associates LLC, a limited liability company of which James H. Simons is the Managing Member.

3. Total Indirect Beneficial Ownership by S-7 Associates LLC is 979, 696 shares of common stock of which 773,262 are shares issuable upon conversion of Series B Convertible Preferred Stock and 158,334 are shares issuable upon conversion of Series C Convertible Preferred Stock.

4. Immediate

Remarks:

	James H. Simons	10/22/2003
	** Signature of Reporting Person	Date
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 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).
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