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) Herring, Tom A. Polaris Venture Partners 2305 Barton Creek Boulevard, #44 Austin, TX 78735 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 [ ] 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 Amount D Price End of Year I ------------------------------------------------------------------------------------------------------------------------------------ Table II (PART 1) Derivative Securitites 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 A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $3.5000 (1) 05/17/09 (right to buy) Non-Qualified Stock Option $6.8750 (1) 05/20/09 (right to buy) Non-Qualified Stock Option $7.9600 (2) 01/24/07 (right to buy) Non-Qualified Stock Option $11.5000 (1) 12/29/98 (right to buy) Non-Qualified Stock Option $12.2500 (1) 10/02/98 (right to buy) Non-Qualified Stock Option $15.9840 05/17/00 A 4,000 (3) 05/17/10 (right to buy) Non-Qualified Stock Option $20.0000 01/03/00 J 1,674 (4) 01/31/10 (right to buy) Table II (PART 2) Derivative Securitites 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 Year ------------------------------------------------------------------------------------------------------------------------------------ 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 21,538 21,538 D Direct (right to buy) Non-Qualified Stock Option Common Stock 6,024 6,024 D Direct (right to buy) Non-Qualified Stock Option Common Stock 3,244 3,244 D Direct (right to buy) Non-Qualified Stock Option 05/17/00 Common Stock 4,000 $15.9840 4,000 D Direct (right to buy) Non-Qualified Stock Option 01/03/00 Common Stock 1,674 $20.0000 1,674 D Direct (right to buy) [FN] Explanation of Responses: - (1) All shares are currently exercisable. (2) 16,153 Options are currently exercisable. The remaining 5,385 options become exercisable on January 31, 2001. (3) The option to purchase 4,000 shares becomes exercisable on May 17, 2001. (4) 1,535 Options are currently exercisable. The remaining 139 options become exercisable on January 31, 2001. SIGNATURE OF REPORTING PERSON /S/ Herring, Tom A. DATE: 01/09/01