UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
1. Name and Address of Reporting Person(s)
Webb, Timothy D.
6300 Bridgepoint Parkway
Building Three, Suite 200
Austin, TX 78730
2. Issuer Name and Ticker or Trading Symbol
Concero Inc. (CERO)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
12/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Chief Executive Officer
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
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code Amount D Price End of Year I
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Common Stock 04/03/00 G 500 D D Direct
Common Stock 05/01/00 J 500 A $4.8875 D Direct
Common Stock 10/31/00 J 500 A $3.1476 83,000 D Direct
Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code A D Exercisable Expiration
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Incentive Stock Option (right $3.5000 (1) 08/28/08
to buy)
Non-Qualified Stock Option $3.5000 (2) 08/28/08
(right to buy)
Non-Qualified Stock Option $12.0625 07/21/00 A 100,000 (3) 07/21/10
(right to buy)
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Year
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Incentive Stock Option (right Common Stock 199,997 199,997 D Direct
to buy)
Non-Qualified Stock Option Common Stock 300,003 300,003 D Direct
(right to buy)
Non-Qualified Stock Option 07/21/00 Common Stock 100,000 $3.1476 100,000 D Direct
(right to buy)
[FN]
Explanation of Responses:
-
(1) The options are immediately exerciseable. Option to purchase 79,999 shares
are currently vested. The remaining options vest as follows: (i) an
additional 34,285 shares upon continuation in Service through August 28,
2001, (ii) an additional 15,714 shares upon continuation in Service through
August 28, 2002, (iii) an additional 30,000 shares upon continuation in
Service through August 28, 2003 and (iv) the remaining 39,999 shares upon
continuation in Service through August 28, 2004.
(2) Options to purchase 120,001 shares are currently vested. The remaining
options vest as follows: (i) an additional 65,715 shares upon continuation
in Service through August 28, 2001, (ii) an additional 9,286 shares upon
continuation in Service through August 28, 2002, (iii) an additional 45,000
shares upon continuation in Service through August 28, 2003, and (iv) the
remaining 60,001 shares upon Optionee's continuation in Service through
August 28, 2004.
(3) Option to purchase 100,000 shares becomes exrecisable in four (4) equal
annual installments commencing on July 21, 2001.
SIGNATURE OF REPORTING PERSON
/S/ Webb, Timothy D.
DATE 01/08/01