3 1 rrd1933.htm FORM 3 - LIMAR REALTY CORP. #30

FORM 3

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(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Limar Realy Corp. # 30

(Last) (First) (Middle)

1730 South El Camino Real

Suite 400

(Street)

San Mateo, CA 94402

(City) (State) (Zip)

2. Date of Event
Requiring Statement
Month/Day/Year

11/04/2002

3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)

4. Issuer Name andTicker or Trading Symbol

Niku Corporation
NIKU

5. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

Director X 10% Owner

Officer (give title below)
Other (specify below)

Description

6. If Amendment,
Date of Original
(Month/Day/Year)

7. 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 Beneficially Owned

1. Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned

(Instr.4)

3. Ownership Form:
    Direct (D)
    or
    Indirect (I)

    (Instr. 5)

4. Nature of Indirect Beneficial Ownership

(Instr. 5)

Table II - Derivative Securities Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable(DE) and Expiration Date(ED) (Month/Day/Year) DE / ED	3. Title and Amount of Underlying Securities (Instr. 4) Title / Amount or Number of Shares	4. Conver- sion or Exercise Price of Deri- vative Security	5. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr.5)	6. Nature of Indirect Beneficial Ownership (Instr.5)
Common Stock Warrant (right to buy)	Immediate / 10/31/2007	Common Stock / 14,450,000 (1)	$0.0001 (1)	D

Explanation of Responses:

(1) The Exercise Price and the number of shares of Common Stock purchasable by the reporting person are subject to adjustment, from time to time, as set forth in Section 11 of the Warrant, a copy of which has been filed with the Securities and Exchange Commission.

By:
/s/ Theodore H. Kruttschnitt, III, President 11/13/2002
** Signature of Reporting Person Date

SEC 2270 (07/02)

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.
Potential persons who are to respond to the collection of information contained in this form are not
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LIMAR REALTY CORP 3