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:
Karla M. Violetto
1 S. - 484 Leahy Road
Oakbrook Terrace, Illinois 60181
U.S.A.
2. Issuer Name and Ticker or Trading Symbol:
American Country Holdings Inc.
ACHI
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year:
April 2000
5. If Amendment, Date of Original (Month/Year):
April 2000
6. Relationship of Reporting Person(s) to Issuer (Check all
applicable):
( ) Director ( ) 10% Owner (x) Officer (give title below)
( ) Other (specify below):
Vice President and Chief Financial Officer
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>
<CAPTION>
Table I -- Non-Derivative Securities Acquired,
Disposed of, or Beneficially Owned
5. Amount of
Securities 6. Ownership
2. Trans- Benefici- Form: 7. Nature of
action 4. Securities ally Owned Direct Indirect
1. Title of Date 3. Trans- Acquired (A) or at End of (D) or In- Beneficial
Security (Month/ action Code Disposed of (D) Month (Instr. direct (I) Ownership
(Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) 3 and 4) (Instr. 4) (Instr. 4)
----------- --------- ----------- -------------------------- ------------- ----------- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Code V Amount (A) or (D) Price
---- - ------ ---------- -----
</TABLE>
<TABLE>
<CAPTION>
Table II -- Derivative Securities Acquired,
Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
9. 10.
Number Owner-
of ship
2. 5. Deriva- Form of
Conver- Number ative Deriva- 11.
sion or of Deri- Securi- tive Nature
Exer- vative ties Secur- of Indi-
1. cise 3. Securities 6. 8. Benefi- ity: rect
Title of Price Trans- Acquired Date Exer- Price of cially Direct Benefi-
Deriva- of action 4. (A) or cisable and 7. Deriva- Owned at (D) or cial
tive Deriva- Date Trans- Disposed Expiration Title and Amount tive End of Indi- Owner-
Security tive (Month/ action of (D) Date of Underlying Security Month rect (I) ship
(Instr. Secur- Day/ Code (Instr. 3, (Month/Day/ Securities (Instr. (Instr. (Instr. (Instr.
3) ity Year) (Instr. 8) 4 and 5) Year) (Instr. 3 and 4) 5) 4) 4) 4)
-------- ------ ------ ---------- ---------- ---------------- ---------------- -------- -------- ------- -------
Date Expir- Amount or
Exer- ation Number of
Code V (A) (D) cisable Date Title Shares
---- - --- --- ------- ------ ----- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Option .9668 4/13/00 A A 5,000 4/13/03* 4/13/07 Common 5,000 5,000 D
Stock
</TABLE>
Explanation of Responses:
* The options vest at 33-1/3% per year and become fully
exercisable three years after the date of grant.
SIGNATURE OF REPORTING PERSON:
/s/ Karla M. Violetto
==============================
Dated: May 1, 2000
