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ANLYD Analysts International (MM)

2.945
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Analysts International (MM) NASDAQ:ANLYD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.945 0 01:00:00

- Statement of Changes in Beneficial Ownership (4)

03/03/2010 11:34pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
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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
                      

1. Name and Address of Reporting Person *

Neve Douglas C
2. Issuer Name and Ticker or Trading Symbol

ANALYSTS INTERNATIONAL CORP [ ANLYD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

3601 WEST 76TH STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

3/2/2010
(Street)

EDINA, MN 55435
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock   3/2/2010     P    100   A $2.70   1400   (1) D  
 
Common Stock   3/2/2010     P    9715   A $2.7611   (2) 11115   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   $2.20   (3)                    (3) 1/5/2019   Common Stock   1600   (3)   1600   (3) D  
 
Stock Option (Right to Buy)   $2.25   (4)                    (4) 1/6/2019   Common Stock   1600   (4)   1600   (4) D  
 
Stock Option (Right to Buy)   $3.35   (5)                    (5) 1/4/2020   Common Stock   2400   (5)   2400   (5) D  
 

Explanation of Responses:
( 1)  On 2/26/10, the Company completed a one-for-five reverse stock split. All common stock amounts and exercise prices in the filing relating to securities acquired prior to 2/26/10 have been adjusted to reflect the one-for-five reverse stock split.
( 2)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.75 to $2.85, inclusive. The reporting person undertakes to provide Analysts International Corp., any security holder of Analysts International Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
( 3)  This option was previously reported as covering 8,000 shares at an exercise price of $.44, but was adjusted to reflect the reverse stock split that occurred on 2/26/10. Now exercisable in annual increments of 400 shares commencing 1/5/10.
( 4)  This option was previously reported as covering 8,000 shares at an exercise price of $.45, but was adjusted to reflect the reverse stock split that occurred on 2/26/10. Now exercisable in annual increments of 400 shares commencing 1/6/10.
( 5)  This option was previously reported as covering 12,000 shares at an exercise price of $. 67, but was adjusted to reflect the reverse stock split that occurred on 2/26/10. Now exercisable in annual increments of 600 shares commencing 1/4/11.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Neve Douglas C
3601 WEST 76TH STREET
EDINA, MN 55435
X



Signatures
/s/ Robert E. Woods as Attorney-in-Fact for Douglas C. Neve pursuant to Power of Attorney previously filed. 3/3/2010
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who 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.

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