FORM 4
[ X ] 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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ostermann Robert
2. Issuer Name and Ticker or Trading Symbol

ARI NETWORK SERVICES INC /WI [ ARIS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

10850 WEST PARK PLACE, SUITE 1200
3. Date of Earliest Transaction (MM/DD/YYYY)

8/29/2017
(Street)

MILWAUKEE, WI 53224
(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   8/29/2017     M    22000   A $0   79326   D  
 
Common Stock   8/29/2017     D (1)    79326   D $7.10   0   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
Restricted Stock   $0   (2) 8/29/2017     M         22000      (2) 3/5/2019   Common Stock   22000   $0   33000   D  
 
Restricted Stock   $0   (3) 8/29/2017     D   (3)       33000      (3)   (3) Common Stock   33000   $0   0   D  
 
Stock Option (Right to Buy)   $1.50   8/29/2017     D   (4)       5000    6/30/2012   6/30/2018   Common Stock   5000   $0   (4) 0   D  
 
Stock Option (Right to Buy)   $.85   8/29/2017     D   (4)       10000    2/26/2014   2/26/2020   Common Stock   10000   $0   (4) 0   D  
 
Stock Option (Right to Buy)   $.922   8/29/2017     D   (4)       500    6/30/2015   6/30/2021   Common Stock   500   $0   (4) 0   D  
 
Stock Option (Right to Buy)   $1.25   8/29/2017     D   (4)       15000    11/2/2015   11/2/2021   Common Stock   15000   $0   (4) 0   D  
 
Stock Option (Right to Buy)   $1.51   8/29/2017     D   (5)       15000    4/3/2016   4/3/2022   Common Stock   15000   $0   (5) 0   D  
 

Explanation of Responses:
(1)  Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated June 20, 2017 among the Issuer, Expedition Holdings LLC ("Parent") and Expedition Merger Sub, Inc., at the effective time (the "Effective Time") of the merger (the "Merger") contemplated under the Merger Agreement, each unvested share of restricted stock of the Issuer vested, and each share of Issuer common stock converted into the right to receive $7.10 in cash.
(2)  22,000 shares of performance-based restricted stock vested in connection with the Merger.
(3)  33,000 outstanding shares of performance-based restricted stock were cancelled in connection with the Merger.
(4)  At the Effective Time of the Merger, outstanding options were cancelled and converted into the right to receive, for each share of Issuer common stock subject to the option, an amount in cash equal to (x) $7.10, minus (y) the sum of (1) the exercise price per share of common stock of such option, and (2) any applicable withholding amounts.
(5)  At the Effective Time of the Merger, outstanding options to purchase shares of Issuer common stock were cancelled and converted into the right to receive, for each share of Issuer common stock subject to the option, an amount in cash equal to (x) $7.10, minus (y) the sum of (1) the exercise price per share of common stock of such option, and (2) any applicable withholding amounts, except that the Reporting Person's options with respect to 15,000 shares were rolled over to options to acquire 106,500 units of an affiliate of the Parent at an exercise price of $0.213 per unit.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ostermann Robert
10850 WEST PARK PLACE
SUITE 1200
MILWAUKEE, WI 53224


Chief Technology Officer

Signatures
Mary L. Pierson (pursuant to Power of Attorney previously filed) 8/30/2017
** 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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