Ownership Submission
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

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
KLAUS L GEORGE
   2. Issuer Name and Ticker or Trading Symbol
EPICOR SOFTWARE CORP [EPIC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, President & CEO
(Last)
(First)
(Middle)
18200 VON KARMAN AVENUE, SUITE 1000		 3. Date of Earliest Transaction (Month/Day/Year)
05/16/2011
(Street)

IRVINE, CA 92612		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 05/16/2011   S(1)   3,365,788 D $ 12.5 66,667 D  
Common Stock 05/16/2011   D(2)   66,667 D $ 0 0 D  
Common Stock 05/16/2011   U   313,969 D $ 12.5 20,000 I By spouse.
Common Stock 05/16/2011   D(2)   20,000 D $ 0 0 I By spouse.

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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 Underlying Securities
(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
Employee Stock Option $ 1.15 05/16/2011   D     272,000 08/20/2003 08/20/2011 Common Stock 272,000 (3) 100,000 D  
Employee Stock Option $ 8.12 05/16/2011   D     100,000 05/02/2008 05/02/2018 Common Stock 100,000 (3) 0 D  
Employee Stock Option $ 15.21 05/16/2011   D     35,000 10/26/2008 10/26/2014 Common Stock 35,000 (4) 12,812 I By spouse.
Employee Stock Option $ 12.74 05/16/2011   D     7,812 01/02/2008 01/02/2014 Common Stock 7,812 (4) 5,000 I By spouse.
Employee Stock Option $ 10.39 05/16/2011   D     5,000 07/19/2006 07/19/2014 Common Stock 5,000 (3) 0 I By spouse.

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KLAUS L GEORGE
18200 VON KARMAN AVENUE, SUITE 1000
IRVINE, CA 92612		   X     Chairman, President & CEO  

Signatures

 /s/John D. Ireland, Attorney in Fact   05/18/2011
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Private sale to Element Merger Sub,. Inc. ("Element") for $12.50 per share pursuant to the terms of a Non-Tender and Support Agreement between the reporting person and Element and in connection with the merger agreement between issuer, Element and Eagle Parent, Inc.
(2) In an exempt disposition to the issuer under rule 16b-3(e), the issuer exercised its right of repurchase on the restricted shares indicated herein.
(3) This option, which was fully vested at the time of disposition, was cancelled in the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $12.50 per share merger price.
(4) This option, which was fully vested at the time of disposition, was cancelled in the merger.

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