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OMB APPROVAL
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-------- OMB Number: 3235-0104
FORM 3 Expires: December 31, 2001
-------- Estimated average burden
hours per response.... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF 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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Statement Trading Symbol of Original
Smith Steven (Month/Day/Year) NEON Systems, Inc. (NESY) (Month/Day/Year)
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(Last) (First) (Middle) 7/17/01 5. Relationship of Reporting -----------------------
14100 Southwest Freeway, Suite 500 ---------------------------- Person(s) to Issuer 7. Individual or Joint/
---------------------------------------- 3. I.R.S. Identification (Check all applicable) Group Filing (Check
(Street) Number of Reporting Director 10% Owner Applicable Line)
Person, if an entity ----- ----- X Form filed by
Sugarland Texas 77478 (voluntary) X Officer Other (specify --- One Reporting
-------------------------------------- ----- ----- below) Person
(City) (State) (Zip) ---------------------------- (give title below) Form filed by
Senior Vice President - --- More than One
Research & Development Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Common Stock 18,674 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 5(b)(v). SEC 1473 (3-99)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTIONS 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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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conversion 5. Ownership 6. Nature of Indirect
Security (Instr. 4) and Expiration Securities Underlying or Exercise Form of Beneficial Ownership
Date Derivative Security Price of Derivative (Instr. 5)
(Month/Day/Year) (Instr. 4) Derivative Security:
------------------------------------------------- Security Direct (D) or
Amount or Indirect (I)
Date Expiration Number (Instr. 5)
Exercisable Date Title of Shares
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Stock Options
(Right to Buy) (1) 2/15/08 Common Stock 22,800 $10.00 D
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Stock Options
(Right to Buy) (2) 7/28/10 Common Stock 15,000 $10.25 D
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Stock Options
(Right to Buy) (3) 10/24/00 Common Stock 20,000 $6.3125 D
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Explanation of Responses:
(1) Granted under the Issuer's 1993 Long Term Incentive Plan and vesting in four (4) equal installments of 5,700 shares beginning
February 15, 1999.
(2) Granted under the Issuer's 1999 Long Term Incentive Plan and vesting in four (4) equal installments of 3,750 shares beginning
July 28, 2001.
(3) Granted under the Issuer's 1999 Long Term Incentive Plan and vesting in four (4) equal installments of 5,000 shares beginning
October 24, 2001.
By /s/ STEVEN SMITH July 20, 2001
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Steven Smith Date
** 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.
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.
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SEC 1473 (8-92)