UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ [] 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) Ateyeh Jr., Edward C. Collective Technologies Building 3, Suite 100 9433 Bee Caves Road Austin, TX 78733 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) [X] Director [X] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) 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 ------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1,615,385 D Direct Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $2.6250 01/04/09 (right to buy) Non-Qualified Stock Option $3.5000 (right to buy) Non-Qualified Stock Option $15.9840 05/17/10 (right to buy) Non-Qualified Stock Option $20.0000 01/03/10 (right to buy) Warrants $0.0400 05/10/01 J 634 10/02/96 10/01/06 Warrants $0.0400 05/10/01 J 234 10/02/96 10/01/06 Warrants $0.0400 05/10/01 J 67 10/02/96 10/01/06 Warrants $0.0400 05/10/01 J 300 10/02/96 10/01/06 Warrants $0.0400 05/14/01 J 166 10/02/96 10/01/06 Warrants $0.0400 05/23/01 J 66 10/02/96 10/01/06 Warrants $0.0400 05/24/01 J 34 10/02/96 10/01/06 Warrants $0.0400 05/30/01 J 100 10/02/96 10/01/06 Warrants $0.0400 05/31/01 J 67 10/02/96 10/01/06 Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option Common Stock 17,857 17,857 D Direct (right to buy) Non-Qualified Stock Option Common Stock 4,000 4,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 4,000 4,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 1,674 1,674 D Direct (right to buy) Warrants 05/10/01 Common Stock 634 $1.3700 D Direct Warrants 05/10/01 Common Stock 234 $1.3200 D Direct Warrants 05/10/01 Common Stock 67 $1.3000 D Direct Warrants 05/10/01 Common Stock 300 $1.3500 D Direct Warrants 05/14/01 Common Stock 166 $1.5000 D Direct Warrants 05/23/01 Common Stock 66 $1.4000 D Direct Warrants 05/24/01 Common Stock 34 $1.4600 D Direct Warrants 05/30/01 Common Stock 100 $1.2600 D Direct Warrants 05/31/01 Common Stock 67 $1.2000 14,704 D Direct
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/S/ Ateyeh Jr., Edward C.
DATE: June 8, 2001