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F O R M 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities 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
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1. Name and Address of Reporting Person
Peterson, Clarissa A.
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(Last) (First) (Middle)
Vialog Corporation
35 New England Business Center, Suite 160
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(Street)
Andover MA 01810
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
February 4, 1999
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker of Trading Symbol
Vialog Corporation VLOG
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5. Relationship of Reporting Person to Issuer (check all applicable)
[ ] Director*
[ ] 10% Owner
[ X ] Officer (give title below)
[ ] Other (specify below)
______________________________
Vice President - Human Resources
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group filing (Check Appropriate Line)
[x] Form filed by One Reporting Person
[ ] Form filed by More Than One Reporting Person
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<TABLE>
<CAPTION>
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TABLE I -- NON-DERIVATIVE SECURITIES BENFICIALLY OWNED
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1. Title of Security (Instr. 4) 2. Amount of Securities 3. Ownership From: 4. Nature of Indirect
Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership
(Instr 5.) (Instr. 5)
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<S> <C> <C> <C>
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</TABLE>
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<TABLE>
<CAPTION>
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TABLE II -- DERIVATIVE SECURITIES BENFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security 2. Date 3. Title and 4. Conversion 5. Ownership 6. Nature of
(Instr. 4) Exercisable Amount of Or Exercise Form of Indirect
and Securities Price of Derivative Beneficial
Expiration Underlying Derivative Security: Ownership
Date (Month/ Derivative Security Direct (Instr. 5)
Day/Year) Security (D) or
(Instr. 4) Indirect (I)
(Instr. 5)
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Date Expira- Amount or
Exer- tion Number
cisable Date Title of Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
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Stock Option (1) 06/30/08 Common Stock 25,000 10.00 D
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Stock Option (2) 01/15/09 Common Stock 10,000 (3) D
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Explanation of Responses:
(1) This option is exercisable as to 8,336 shares on the earlier of the filing
of a Form S-8 Registration Statement or May 30, 1999. This option will vest
as to an additional 2,083 shares on the last of each calendar quarter until
fully vested.
(2) This option vests as to 3,600 shares on January 15, 2000. This option vests
as to an additional 800 shares on the last day of each calendar quarter
until fully vested.
(3) The price per share for this option is the IPO price.
/s/Clarissa A. Peterson 2/4/99
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Signature of Reporting Person Date
