------------------------------
                                                           OMB APPROVAL
                                                  ------------------------------
                                                  OMB Number           
                                                  Expires:        
                                                  Estimated average burden
                                                  hours per response ....... 0.5
                                                  ------------------------------

                     U.S. 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(f) of the Investment Company Act of 1940

[  ] Check this box if no longer subject of Section 16. Form 4 or Form 5
     obligations may continue. See Instruction 1(b).

================================================================================
1. Name and Address of Reporting Person*

    DOHERTY                          SEAN                P.
--------------------------------------------------------------------------------
   (Last)                           (First)             (Middle)

                         650 TOWNSEND STREET, SUITE 225
--------------------------------------------------------------------------------
                                    (Street)

 SAN FRANCISCO                        CA                 94043-4908
--------------------------------------------------------------------------------
   (City)                           (State)              (Zip)

================================================================================
2. Issuer Name and Ticker or Trading Symbol

     SOFTNET SYSTEMS, INC. (SOFN)
================================================================================
3. IRS or Social Security Number of Reporting Person (Voluntary)

================================================================================
4. Statement for Month/Year

     APRIL 1999
================================================================================
5. If Amendment, Date of Original (Month/Year)


================================================================================
6. Relationship of Reporting Person to Issuer
   (Check all applicable)

   [XXX]   Director                             [   ]   10% Owner
   [   ]   Officer (give title below)           [   ]   Other (specify below)

   

================================================================================
7. Individual or Joint/Group Filing (Check applicable line)

   [XX] 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
================================================================================

                                  Page 1 of 3

<PAGE>


FORM 4 (continued)

<TABLE>
<CAPTION>
                                                                                                                6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                                    Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct    Nature of
                                      2.            Code         ------------------------------- Owned at End   (D) or    Indirect
1.                                    Transaction   (Instr. 8)                   (A)             of Month       Indirect  Beneficial
Title of Security                     Date          ------------     Amount      or   Price      (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V                  (D)             and 4)         (Instr.4) (Instr. 4)
-----------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>            <C>      <C>    <C>         <C>  <C>        <C>            <C>       <C>
Common Stock                          03/04/99       J        V      39,130      A               59,130         D       
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          03/04/99       J        V      78,260      D                              I         by LLC   
                                                                                      (1)          
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          04/26/99       C               20,000      A    $13.7500                  I         by LLC (2)
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          04/26/99       J        V      20,000      D                    0         I         by LLC (2)
                                                                                      (2)  
-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

=================================================================================================================================== 
</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction 
  4(b)(v).

Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.


                                  Page 2 of 3

<PAGE>

FORM 4 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)
================================================================================
<TABLE>
<CAPTION>
                                                                                                          9.        10.    
                                                                                                          Number    Owner- 
                                                                                                          of        ship   
                    2.                                                                                    Deriv-    of     
                    Conver-                    5.                              7.                         ative     Deriv-   11.    
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature 
                    of                         Derivative    6.                of Underlying     8.       ities     Secur-   of     
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-    
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct 
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-  
1.                  of       action   Code     of(D)         (Month/Day/Year)            Amount  ative    at End    In-      ficial 
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner- 
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship   
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
-----------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>      <C>      <C>  <C>  <C>   <C>    <C>      <C>      <C>       <C>     <C>      <C>       <C>   <C>  
Common Stock Warrants                                                          Common  
 (right to buy)     $13.7500 4/26/99  C               20,000 5/29/98  5/29/02  Stock     20,000           0         I     by LLC (2)
                                                                                                                        
-----------------------------------------------------------------------------------------------------------------------------------
 
-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
<FN>

Explanation of Responses:

(1)   On 3/04/99  Shoreline Associates  I, LLC contributed  78,260 shares to its
      members, as to which Mr. Doherty disclaims beneficial ownership except  to
      the extent of his pecuniary interest therein.
(2)   On 4/26/99  Shoreline  Associates  I, LLC of which Sean P.  Doherty is the
      Managing Member, exercised its  Series B Warrant  into  20,000  shares  of 
      Common Stock which were then distributed to the other members. Mr. Doherty
      disclaims beneficial interest except to any of these shares.

</FN>
</TABLE>



/s/ Sean P. Doherty                                              5-03-99
----------------------------------------------            --------------------
      **Signature of Reporting Person                             Date

**     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 provided is insufficient, see Instruction 6 for procedures.

       Alternatively,   this  Form  is  permitted  to  be  submitted  to  the
       Commission in electronic  format at the option of the reporting person
       pursuant to ruke 101(b)(4) of Regulatiob S-T.


                                  Page 3 of 3
[{"type": "4", "sequence": "1", "description": "STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP", "secsgml_size_bytes": 11901}]
------------------------------
                                                           OMB APPROVAL
                                                  ------------------------------
                                                  OMB Number           
                                                  Expires:        
                                                  Estimated average burden
                                                  hours per response ....... 0.5
                                                  ------------------------------

                     U.S. 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(f) of the Investment Company Act of 1940

[  ] Check this box if no longer subject of Section 16. Form 4 or Form 5
     obligations may continue. See Instruction 1(b).

================================================================================
1. Name and Address of Reporting Person*

    DOHERTY                          SEAN                P.
--------------------------------------------------------------------------------
   (Last)                           (First)             (Middle)

                         650 TOWNSEND STREET, SUITE 225
--------------------------------------------------------------------------------
                                    (Street)

 SAN FRANCISCO                        CA                 94043-4908
--------------------------------------------------------------------------------
   (City)                           (State)              (Zip)

================================================================================
2. Issuer Name and Ticker or Trading Symbol

     SOFTNET SYSTEMS, INC. (SOFN)
================================================================================
3. IRS or Social Security Number of Reporting Person (Voluntary)

================================================================================
4. Statement for Month/Year

     APRIL 1999
================================================================================
5. If Amendment, Date of Original (Month/Year)

================================================================================
6. Relationship of Reporting Person to Issuer
   (Check all applicable)

   [XXX]   Director                             [   ]   10% Owner
   [   ]   Officer (give title below)           [   ]   Other (specify below)

   

================================================================================
7. Individual or Joint/Group Filing (Check applicable line)

   [XX] 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
================================================================================

                                  Page 1 of 3
FORM 4 (continued)
6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                                    Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct    Nature of
                                      2.            Code         ------------------------------- Owned at End   (D) or    Indirect
1.                                    Transaction   (Instr. 8)                   (A)             of Month       Indirect  Beneficial
Title of Security                     Date          ------------     Amount      or   Price      (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V                  (D)             and 4)         (Instr.4) (Instr. 4)
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          03/04/99       J        V      39,130      A               59,130         D       
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          03/04/99       J        V      78,260      D                              I         by LLC   
                                                                                      (1)          
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          04/26/99       C               20,000      A    $13.7500                  I         by LLC (2)
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock                          04/26/99       J        V      20,000      D                    0         I         by LLC (2)
                                                                                      (2)  
-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

===================================================================================================================================
* If the Form is filed by more than one Reporting Person, see Instruction 
  4(b)(v).

Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.

                                  Page 2 of 3
FORM 4 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)
================================================================================
9.        10.    
                                                                                                          Number    Owner- 
                                                                                                          of        ship   
                    2.                                                                                    Deriv-    of     
                    Conver-                    5.                              7.                         ative     Deriv-   11.    
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature 
                    of                         Derivative    6.                of Underlying     8.       ities     Secur-   of     
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-    
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct 
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-  
1.                  of       action   Code     of(D)         (Month/Day/Year)            Amount  ative    at End    In-      ficial 
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner- 
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship   
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
-----------------------------------------------------------------------------------------------------------------------------------
Common Stock Warrants                                                          Common  
 (right to buy)     $13.7500 4/26/99  C               20,000 5/29/98  5/29/02  Stock     20,000           0         I     by LLC (2)
                                                                                                                        
-----------------------------------------------------------------------------------------------------------------------------------
 
-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
Explanation of Responses:

(1)   On 3/04/99  Shoreline Associates  I, LLC contributed  78,260 shares to its
      members, as to which Mr. Doherty disclaims beneficial ownership except  to
      the extent of his pecuniary interest therein.
(2)   On 4/26/99  Shoreline  Associates  I, LLC of which Sean P.  Doherty is the
      Managing Member, exercised its  Series B Warrant  into  20,000  shares  of 
      Common Stock which were then distributed to the other members. Mr. Doherty
      disclaims beneficial interest except to any of these shares.
/s/ Sean P. Doherty                                              5-03-99
----------------------------------------------            --------------------
      **Signature of Reporting Person                             Date

**     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 provided is insufficient, see Instruction 6 for procedures.

       Alternatively,   this  Form  is  permitted  to  be  submitted  to  the
       Commission in electronic  format at the option of the reporting person
       pursuant to ruke 101(b)(4) of Regulatiob S-T.

                                  Page 3 of 3