Sec Form 4 Filing - MARX RANDALL P @ ARC WIRELESS SOLUTIONS INC - 2006-12-31

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
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
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
MARX RANDALL P
2. Issuer Name and Ticker or Trading Symbol
ARC WIRELESS SOLUTIONS INC [ ARCS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO, President & Secretary
(Last) (First) (Middle)
1207 ST. ANDREWS
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2006
(Street)
EDMOND, OK73003
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/31/2006 12/31/2006 G 200,000 ( 1 ) D $ 0.1 8,289,767 D
Common Stock 28,493 I By LLC ( 2 )
Common Stock 40,000 I By Spouse's IRA
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Option: Right to Buy $ 0.18 01/02/2003 01/02/2007 Common Stock 500,000 500,000 D
Option: Right to Buy $ 0.18 12/31/2003 01/02/2007 Common Stock 500,000 1,000,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MARX RANDALL P
1207 ST. ANDREWS
EDMOND, OK73003
X CEO, President & Secretary
Signatures
/s/ Randall P. Marx 01/03/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares transferred to the Harold and Theora Marx Living Trust, of which Mr. Marx's father is trustee. Mr. Marx disclaims beneficial ownership of the shares in this trust.
( 2 )These shares are held by a limited liability company (the "LLC"). The Reporting Person owns 50 percent of the outstanding equity interests in the LLC and is the manager of the LLC. The Reporting Person and one other person are the only members of the LLC. Securities held by the LLC may not be disposed of without the consent of both members. Based on the Reporting Person's ownership in the LLC, the number of shares shown in the table represents 50 percent of the shares owned by the LLC.

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 Number.