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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* MAXTECH ENTERPRISES LTD (Last) (First) (Middle) C/O MTI ADMINISTRATION LIMITED, 22ND FLR HANG LUNG CENTRE, 2-20 PATERSON STREET (Street) CAUSEWAY BAY, HONG KONG (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SOHU COM INC [ SOHU ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 08/14/2003
	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	08/15/2003		S(1)		137,500	D	$29.9234	0(3)	D(2)

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
Variable Prepaid Forward	$0(4)	08/14/2003		J(4)		0(4)(4)		(4)	(4)	Common Stock	(4)	(4)	0(5)	D(5)

Explanation of Responses:

1. Sold by Mitco Limited.

2. Owned directly by Mitco Limited. Owned indirectly by Morningside CyberVentures Holdings Limited and Verrall Limited, as trustee of The NTX-II Trust.

3. See Table I Attached.

4. Maxtech entered into a Variable Prepaid Forward Agreement (the "Agreement") relating to a total of 1,500,000 shares of Common Stock (the " Base Number of Shares"). The Agreement provides that Maxtech will be required to deliver the Base Number of Shares to CSFB Capital LLC ("CSFB") in August 2004 except that the number of shares to be delivered will be reduced (if applicable and subject to applicable adjustments) if the average price of the Company's shares is between $25.8145 and $36.78 for a specified period prior to the delivery date.

5. See Table II Attached.

	/s/ For and on behalf of Maxtech Enterprises Limited, Raymond Long Sing Tang	08/18/2003
	** 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).
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Explanation of Responses:

(1)	Sold by Mitco Limited
(2)	Owned directly by Mitco Limited. Owned indirectly by Morningside CyberVentures Holdings Limited and Verrall Limited, as trustee of The NTX-II Trust.
(3)	See Table I Attached
(4)	Maxtech entered into a Variable Prepaid Forward Agreement (the "Agreement") relating to a total of 1,500,000 shares of Common Stock (the "Base Number of Shares"). The Agreement provides that Maxtech will be required to deliver the Base Number of Shares to CSFB Capital LLC ("CSFB") in August 2004 except that the number of shares to be delivered will be reduced (if applicable and subject to applicable adjustments) if the average price of the Company's shares is between $25.8145 and $36.78 for a specified period prior to the delivery date.
(5)	See Table II Attached.

(3) Table I

Name and Address of Beneficial Owner	Title of Security	Amount of Securities Beneficially Owned Following Last Reported Transaction	Ownership Form: Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
Maxtech Enterprises Limited c/o MTI Administration Limited 22nd Floor, Hang Lung Centre 2-20 Paterson Street Causeway Bay, Hong Kong	Common Stock	6,360,219	D
Morningside Technologies, Inc. 22nd Floor, Hang Lung Centre 2-20 Paterson Street Causeway Bay, Hong Kong	Common Stock	6,360,219	I	Sole stockholder of Maxtech Enterprises Limited
Mitco Limited 2nd Floor, Le Prince de Galles 3-5 Avenue des Citronniers MC 98000 Monaco	Common Stock	183,800	D
Morningside CyberVentures Holdings Limited 2nd Floor, Le Prince de Galles 3-5 Avenue des Citronniers MC 98000 Monaco	Common Stock	6,544,019	I	Sole stockholder of each of Morningside Technologies, Inc. and Mitco Limited
Verrall Limited, as trustee of The NTX-II Trust C/o Dickinson, Cruickshank & Co. 33/37 Athol Street Douglas IM1 1LB Isle of Man	Common Stock	6,544,019	I	Sole stockholder of Morningside CyberVentures Holdings Limited. Verrall Limited controls, directly or indirectly, through The NTX-II Trust, a 100% ownership interest in each of Maxtech Enterprises Limited and Mitco Limited.

 

(5) Table II

Name and Address of Beneficial Owner	Title of Security	Amount of Derivative Securities Beneficially Owned Following Last Reported Transaction	Ownership Form: Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
Maxtech Enterprises Limited c/o MTI Administration Limited 22nd Floor, Hang Lung Centre 2-20 Paterson Street Causeway Bay, Hong Kong	Variable prepaid forward	1,500,000	D
Morningside Technologies, Inc. 22nd Floor, Hang Lung Centre 2-20 Paterson Street Causeway Bay, Hong Kong	Variable prepaid forward	1,500,000	I	Sole stockholder of Maxtech Enterprises Limited
Morningside CyberVentures Holdings Limited 2nd Floor, Le Prince de Galles 3-5 Avenue des Citronniers MC 98000 Monaco	Variable prepaid forward	1,500,000	I	Sole stockholder of each of Morningside Technologies, Inc. and Mitco Limited
Verrall Limited, as trustee of The NTX-II Trust C/o Dickinson, Cruickshank & Co. 33/37 Athol Street Douglas IM1 1LB Isle of Man	Variable prepaid forward	1,500,000	I	Sole stockholder of Morningside CyberVentures Holdings Limited. Verrall Limited controls, directly or indirectly, through The NTX-II Trust, a 100% ownership interest in each of Maxtech Enterprises Limited and Mitco Limited.