Halstedt Steven – ‘4’ for 3/31/03 re: Raindance Communications Inc.

On:  Wednesday, 4/2/03, at 5:22pm ET   ·   For:  3/31/03   ·   Accession #:  922996-3-30   ·   File #:  0-31045

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Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Halstedt Form 4 Rndc                                   3±     8K 


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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                                                  

( ) Check this box if no longer subject to Section 16. Form 4 or Form 5         
obligations may continue. See Instructions 1(b).                                

1.   Name and Address of Reporting Person                                       

Steven C. Halstedt                                                    
1428 Fifteenth Street                                                 
Denver, CO  80202                                                     

2.   Issuer Name and Ticker or Trading Symbol                                   

RAINDANCE COMMUNICATIONS, INC. (RNDC)                                 

3. IRS or Social Security Number of Reporting Person, if an entity (Voluntary)  

4. Statement for Month/Day/Year                                                 

March 31, 2003                                                        

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

6.   Relationship of Reporting Person(s) to Issuer (Check all applicable)       
( X ) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other 
(specify below)                                                       

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 Acquired, Disposed of, or Beneficially Owned

1.   Title of Security (Instr. 3)                                               

Common Stock                                                          

2.   Transaction Date (Month/Day/Year)                                          

March 31, 2003                                                        

2A.  Deemed Execution Date if any (Month/Day/Year)                              

3.   Transaction Code (Instr. 8)                                                

Code      V                                                           

A                                                                     

4.   Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)             
Amount                 (A) or (D)              Price                  

450                       (A)                   (1)                   

5.   Amount of Securities Beneficially Owned Following Reported Transaction(s)  
(Instr. 3 and 4)                                                      

12,018                                                                

6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)                        

D                                                                     

7. Nature of Indirect Beneficial Ownership (Instr. 4)                           

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) Code V                                        

5.  Number of Derivative Securities Acquired (A) or Disposed of (D)           
(Instr. 3, 4 and 5)                                                   
(A) (D)                                                               

6.  Date Exerciseable and Expiration Date (Month/Day/Year) Date Exercisable   
Expiration Date                                                       

7.  Title and Amount of Underlying Securities (Instr. 3 and 4) Title Amount or
Number of Shares                                                      

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 Securities Beneficially Owned at End of Month
(Instr. 4)                                                            

11. Nature of Indirect Beneficial Ownership (Instr. 4)                        

Explanation of Responses:                                                       

(1) Stock was issued in lieu of director fees.                                  

/s/ Steven C. Halstedt                              March 31, 2003    
**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, on of which must be manually  signed.  If
space is insufficient, see Instruction 6 for procedure                          

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘4’ Filing		Date		Other Filings
Filed on:		4/2/03		4
For Period end:		3/31/03		10-Q,  4
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