VIALOG CORP
4, 2000-07-10
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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                                  F O R M    4
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

     Filed pursuant to Section 16(a) of the Securities Exchange 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

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
    obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person

Hamermesh                            Richard                               G.
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(Last)                              (First)                             (Middle)

                      The Center for Executive Development
                         124 Mount Auburn St., Suite 250
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                                    (Street)

Cambridge                              MA                                 02138
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(City)                               (State)                              (Zip)
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2. Issuer Name and Ticker of Trading Symbol

                            VIALOG Corporation "VX"
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3. IRS or Social Security Number of Reporting Person (Voluntary)


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4. Statement for Month/Year
                                 JUNE 2000
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5. If Amendment, Date of Original (Month/Year)

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6. Relationship of Reporting Person to Issuer (Check all applicable)

[X] Director

[ ] 10% Owner

[ ] Officer (give title below)

[ ] Other (specify below)

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7. Individual or Joint/Group Filing (Check Applicable Line)

[X] Form filed by One Reporting Person

[ ] Form filed by More than One Reporting Person
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<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
                          TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENFICIALLY OWNED
====================================================================================================================================
1. Title of Security (Instr. 3)                        2. Transaction Date      3. Transaction Code       4. Securities Acquired (A)
                                                          (Month/Day/Year)         (Instr. 8)                or Disposed of (D)
                                                                                                             (Instr. 3, 4 and 5)
                                                       -------------------      -------------------       --------------------------
                                                                                                                    (A) or
                                                                                Code           V          Amount      (D)      Price
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                         <C>                  <C>           <C>        <C>          <C>     <C>

------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
====================================================================================================================================
                    TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENFICIALLY OWNED -- Continued
====================================================================================================================================
1. Title of Security (Instr. 3)                        5. Amount of Securities      6. Ownership Form:        7. Nature of Indirect
                                                          Beneficially Owned           Direct (D) or             Beneficial
                                                          (Instr. 4)                   Indirect (I)              Ownership
                                                                                       (Instr. 4)                (Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
<S>                                                         <C>                            <C>                       <C>
------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
                           TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                                   (E.G., PUTS, CALLS, WARRANTS, OPTION, CONVERTIBLE SECURITIES)
====================================================================================================================================
1. Title of Derivative Security    2. Conversion       3. Transaction Date      4. Transaction Code      5. Number of Derivative
   (Instr. 3)                         Or Exercise         (Month/Day/Year)         (Instr. 8)               Securities Acquired (A)
                                      Price of                                                              or Disposed of (D)
                                      Derivative                                                            (Instr. 3, 4, and 5)
                                      Security
                                    -------------      -------------------      --------------------     ---------------------------
                                                                                  Code          V             (A)            (D)
------------------------------------------------------------------------------------------------------------------------------------
<S>                                      <C>                 <C>                   <C>          <C>           <C>            <C>
Stock Option                             $4.16                6/29/00              A                          5,000
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</TABLE>
<TABLE>
<CAPTION>
====================================================================================================================================
                           TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                             (E.G., PUTS, CALLS, WARRANTS, OPTION, CONVERTIBLE SECURITIES) -- Continued
====================================================================================================================================
1. Title of Derivative Security     6. Date                  7. Title and                     8. Price of
   (Instr. 3)                          Exercisable              Amount of                        Derivavtive
                                       and                      Underlying                       Security
                                       Expiration               Securities                       (Instr. 5)
                                       Date (Month/             (Instr. 3
                                       Day/Year)                and 4)


                                     --------------------    ----------------------------     --------------
                                     Date         Expira-                       Amount or
                                     Exer-        tion                          Number
                                     cisable      Date           Title          of Shares
------------------------------------------------------------------------------------------------------------

<S>                                  <C>          <C>        <C>                <C>            <C>
------------------------------------------------------------------------------------------------------------
Stock Option                         (1)           6/29/05    Common Stock       5,000
------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
                           TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                             (E.G., PUTS, CALLS, WARRANTS, OPTION, CONVERTIBLE SECURITIES) -- Continued
====================================================================================================================================
1. Title of Derivative Security         9. Number of Derivative            10. Ownership Form of              11. Nature of Indirect
   (Instr. 3)                              Security (Instr. 5)                 Derivative Security:               Beneficial
                                                                               Direct (D) or                      Ownership
                                                                               Indirect (I) (Instr. 4)            (Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
<S>                                             <C>                                  <C>                              <C>
Stock Option                                    35,370                                D
------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
Explanation  of  Responses:

(1)  This option vests as to 424 shares on July 1, 2000 and as to an  additional
     4t16  shares on the first day of each  calendar  quarter  thereafter  until
     fully vested; provided that this option will become immediately vested upon
     (i) the  completion  of a merger in which the issuer is not the survivor or
     consolidation  of  the  issuer  with  another  entity,  (ii)  the  sale  of
     substantially  all of the issuer's assets to another  entity,  or (iii) the
     sale of more than 50 percent of the outstanding capital stock of the issuer
     to an unrelated person or group of persons acting  collectively in one of a
     series of transactions.



                         /s/ Richard G. Hamermesh             July 10, 2000
                         -----------------------------        --------------
                         Signature of Reporting Person             Date



**    Intentional misstatements or omissions of facts constitute Federal
      Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If
      space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information  contained
in this form are not  required to respond  unless the form  displays a currently
valid OMB Number.


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