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*
FRIEDMAN RICHARD H

(Last) (First) (Middle)
100 CLEARBROOK ROAD

(Street)
ELMSFORD NY 10523

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MIM CORP [ MIMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2004
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)
Code V Amount (A) or (D) Price
Common Stock, $.0001 par value 02/24/2004 S 8,700 D $7.88 1,169,000 D
Common Stock, $.0001 par value 02/24/2004 S 5,000 D $7.8809 1,164,000 D
Common Stock, $.0001 par value 02/24/2004 S 2,500 D $7.8812 1,161,500 D
Common Stock, $.0001 par value 02/24/2004 S 12,078 D $7.89 1,149,422 D
Common Stock, $.0001 par value 02/24/2004 S 2,500 D $7.89 1,146,922 D
Common Stock, $.0001 par value 02/24/2004 S 19,200 D $7.9 1,127,722 D
Common Stock, $.0001 par value 02/24/2004 S 6,300 D $7.81 1,121,422 D
Common Stock, $.0001 par value 02/24/2004 S 2,500 D $7.83 1,118,922 D
Common Stock, $.0001 par value 02/24/2004 S 2,500 D $7.8304 1,116,422 D
Common Stock, $.0001 par value 02/24/2004 S 3,922 D $7.85 1,112,500 D
Common Stock, $.0001 par value 02/24/2004 S 1,200 D $7.8516 1,111,300 D
Common Stock, $.0001 par value 02/24/2004 S 2,500 D $7.86 1,108,800 D
Common Stock, $.0001 par value 02/24/2004 S 2,500 D $7.8608 1,106,300 D
Common Stock, $.0001 par value 02/24/2004 S 4,300 D $7.87 1,102,000 D
Common Stock, $.0001 par value 02/24/2004 S 1,000 D $7.871 1,101,000 D
Common Stock, $.0001 par value 02/24/2004 S 1,000 D $7.872 1,100,000 D
Common Stock, $.0001 par value 20,000 I By Shares Held By Ltd Partnership(1)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy Common Stock) $2.16 10/08/2000(2) 10/08/2009 Common Stock, $.0001 par value 207,806 207,806 D
Employee Stock Option (Right to Buy Common Stock) $2.37 10/08/2000(2) 10/08/2009 Common Stock, $.0001 par value 42,194 42,194 D
Employee Stock Option (Right to Buy Common Stock) $12.2 11/28/2002(2) 11/28/2011 Common Stock, $.0001 par value 200,000 200,000 D
Employee Stock Option (Right to Buy Common Stock) $17.8 01/02/2003(2) 01/02/2012 Common Stock, $.0001 par value 200,000 200,000 D
Employee Stock Option (Right to Buy Common Stock) $5.8 01/02/2004(2) 01/02/2013 Common Stock, $.0001 par value 200,000 200,000 D
Employee Stock Option (Right to Buy) $7.03 01/02/2005 01/02/2014 Common Stock, $.0001 par value 200,000 200,000 D
Explanation of Responses:
1. Shares of Common Stock are owned by the Richard Friedman Family Limited Partnership, of which Mr. Friedman is a general and limited partner. Mr. Friedman has shared voting and dispositive power with respect to these shares of Common Stock.
2. Vests and becomes exercisable in three equal annual installments commencing on the first anniversary of the date of grant.
Remarks:
/s/ Friedman, Richard H. 02/25/2004
** 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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