FORM 4
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)
1. Name and Address of Reporting Person
French, Donald Anthony
425 Corporate Circle
Golden, CO 80401
2. Issuer Name and Ticker or Trading Symbol
Unique Mobility, Inc. (UQM)
3. IRS or Social Security Number of Reporting Person
###-##-####
4. Statement for Month/Year
September 1996
5. If Amendment, Date of Original
N/A
6. Relationship of Reporting Person to Issuer
Officer: Treasurer
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security
Common Stock
2. Transaction Date
September 30, 1996
3. Transaction Code
a. Code: M
b. V: Voluntary
4. Securities Acquired (A) or Disposed of (D)
a. Amount: 683 Shares
b. (A) or (D): Acquired
c. Price: $3.61 Per Share
5. Amount of Securities Beneficially Owned at End of Month
42,074 Shares Indirectly by a Limited Partnership of which Mr. French
is the General Partner, and 8,000 Shares Indirectly by a Trust for the
Benefit of Mr. French
6. Ownership Form: Direct (D) or Indirect (I)
All Holdings are Indirect
7. Nature of Indirect Beneficial Ownership
Limited Partnership and Trust FBO Donald A. French
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICALLY OWNED
1. Title of Derivative Security
Call Option
2. Conversion or Exercise Price of Derivative Security
$3.61 Per Share
3. Transaction Date
September 30, 1996
4. Transaction Code
a. Code: M
b. V: Voluntary
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
Disposed of Call Option as to 683 Shares
6. Date Exercisable and Expiration Date
a. Date Exercisable: September 30, 1996
b. Expiration Date: September 30, 1996
7. Title and Amount of Underlying Securities
a. Title: Common Stock
b. Amount or Number of Shares: 683 Shares
8. Price of Derivative Security
N/A
9. Number of Derivative Securities Beneficially Owned at End of Month
226,622 Shares
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
Direct
11. Nature of Indirect Beneficial Ownership
N/A
Explanation of Responses: None
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
/s/Donald A. French October 8, 1996
**Signature of Reporting Person Date
