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. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Near, David A.
9700 West Higgins Road
Rosemont, IL 60018
USA
2. Issuer Name and Ticker or Trading Symbol
Galileo International, Inc.
GLC
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
December, 1998
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)
Senior Vice President - Subscriber Marketing
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock | | | | | |1,500 |D | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Phantom Stock Unit(1) |1 for 1 |3/31/|D |1,022 |D |3/31/|3/31/|Common Stock|1,022 |$36.81 | |D | |
| |98 | | | |98 |98 | | | | | | |
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Phantom Stock Unit(1) |1 for 1 |12/16|D |1,022 |D |12/16|12/16|Common Stock|1,022 |$41.075|407 |D | |
| |/98 | | | |/98 |/98 | | | | | | |
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Non-Qualified Stock Opti|40.78 |6/18/| | | | | | | | |137,150 |D | |
on (Right to Buy) | |98 | | | | | | | | | | | |
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Non-Qualified Stock Opti|24.50 |7/24/| | | | | | | | |21,200 |D | |
on (Right to Buy) | |97 | | | | | | | | | | | |
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Non-Qualified Stock Opti|28.18 |7/24/| | | | | | | | |21,000 |D | |
on (Right to Buy) | |97 | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) Grant of Phantom Stock Units were paid in cash in the following tranches:
1,022 phantom stock units on March 31, 1998 and 1,022 phantom
stock units on December 16, 1998 due to acceleration from the March 31, 1999
payable date. 407 phantom stock units are payable on March 31, 2000
unless voluntarily deferred by the reporting
person.
SIGNATURE OF REPORTING PERSON
Attorney-In-Fact
DATE
February 10, 1999
