UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Lashbrook, Don M.
1643 North Harrison Parkway
Sunrise, FL 33323
USA
2. Issuer Name and Ticker or Trading Symbol
Mortgage.com, Inc.
MDCM
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
May 2000
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)
Executive Vice President
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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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 |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
No securities own| | | | | | | | | |
ed | | | | | | | | | |
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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 | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price 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 |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option |$2.14 |02/28|A | |105,000 |A |(1) |02/29|Common Stock|105,000| |105,000 |D | |
(Right to Buy) | |/99 | | | | | |/09 | | | | | | |
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Employee Stock Option |$8.00 |08/11|A | |14,000 |A |(2) |08/11|Common Stock|14,000 | |14,000 |D | |
(Right to Buy) | |/99 | | | | | |/09 | | | | | | |
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Employee Stock Option |$1.7025 |05/11|A |V|20,000 |A |(3) |05/11|Common Stock|20,000 | |20,000 |D | |
(Right to Buy) | |/00 | | | | | |/10 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) The option for 21,000 shares was exercisable on 11/02/99; the remaining
84,000 shares vest in four equal installments of 21,000 shares each
year commencing on
11/02/00.
(2) The option vests in five equal annual installments of 2,800 shares each
year commencing on 08/11/00.
(3) The option vests in four equal annual installments of 5,000 shares each
year commencing on 05/11/01.
DATE
August 10, 2000
