UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[X] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Richardson, Nancy A.
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
05/01
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Sr. VP, General Counsel and
Secretary
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 V Amount D Price End of Month I
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Common Stock 1,800 D Direct
Table II (PART 1) Derivative Securities 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 V A D Exercisable Expiration
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Non-Qualified Stock Option $1.9375 09/29/08
(right to buy)
Non-Qualified Stock Option $2.2500 02/01/01 A V 5,000 02/01/11
(right to buy)
Non-Qualified Stock Option $3.6250
(right to buy)
Non-Qualified Stock Option $3.8750 02/09/09
(right to buy)
Non-Qualified Stock Option $9.6250 05/31/10
(right to buy)
Non-Qualified Stock Option $16.6250 01/12/10
(right to buy)
Table II (PART 2) Derivative Securities 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 Month
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Non-Qualified Stock Option Common Stock 15,082 15,082 D Direct
(right to buy)
Non-Qualified Stock Option 02/01/01 Common Stock 5,000 $2.2500 5,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 20,000 20,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 6,000 6,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 19,000 19,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 5,000 5,000 D Direct
(right to buy)
Explanation of Responses:
(1) 4,918 options have been exercised and 5,082 options are currently exercisable. The remaining 10,000 options become exercisable in two (2) equal annual installments commencing on September 29, 2001.
(2) Option to purchase 20,000 shares becomes exercisable in four (4) equal annual installments commencing October 2, 2001.
(3) 2,000 options have been exercised and an additional 2000 options are exercisable. The remaining 4,000 options become exercisable in two (2) equal annual installments commencing on February 9, 2002.
(4) Option to purchase 19.000 shares becomes exercisable in four (4) equal annual installments commencing May 31, 2001.
(5) 1250 options are currentlly exercisable. The remaining 3750 options become exercisable in three (3) equal annual installments commencing on January 12, 2002.
SIGNATURE OF REPORTING PERSON
/S/ Richardson, Nancy A.
DATE: June 8, 2001