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
Hodsoll, Frank
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 (Voluntary)
###-##-####
4. Statement for Month/Year
August 1997
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person to Issuer
Director
TABLE I-Non-Derivative Securities Acquired, Disposed Of, or Benefically Owned
1. Title of Security (Instr. 3)
Line 1 - Common Stock
2. Transaction Date (Month/Day/Year)
N/A
3. Transaction Code (Instr. 8)
N/A
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
N/A
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
Line 1 - 2,000 Shares
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
Direct
7. Nature of Indirect Beneficial Ownership (Instr. 4)
N/A
TABLE II-Derivative Securities Acquired, Disposed Of, or Beneficially Owned
(e.g., Puts, Calls, Warrants, Options, Convertible Securities)
1. Title of Derivative Security (Instr. 3)
Line 1 - Call Option
Line 2 - Call Option
Line 3 - Call Option
2. Conversion or Exercise Price of Derivative Security
Line 1 - $7.13 Per Share
Line 2 - $7.13 Per Share
Line 3 - $7.13 Per Share
3. Transaction Date (Month/Day/Year)
Line 1 - August 19, 1997
Line 2 - August 19, 1997
Line 3 - August 19, 1997
4. Transaction Code (Instr. 8)
Line 1 - Code: A; V: Voluntary
Line 2 - Code: A; V: Voluntary
Line 3 - Code: A; V: Voluntary
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
Line 1 - Acquired Call Option as to 5,334 Shares
Line 2 - Acquired Call Option as to 5,333 Shares
Line 3 - Acquired Call Option as to 5,333 Shares
6. Date Exercisable and Expiration Date (Month/Day/Year)
Line 1 - Date Exercisable: August 20, 1998
Line 2 - Date Exercisable: August 20, 1999
Line 3 - Date Exercisable: August 20, 2000
Line 1 - Expiration Date: August 19, 2007
Line 2 - Expiration Date: August 19, 2007
Line 3 - Expiration Date: August 19, 2007
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Line 1 - Title: Common Stock; Amount or Number of Shares: 5,334 Shares
Line 2 - Title: Common Stock; Amount or Number of Shares: 5,333 Shares
Line 3 - Title: Common Stock; Amount or Number of Shares: 5,333 Shares
8. Price of Derivative Security (Instr. 5)
Line 1 - N/A
Line 2 - N/A
Line 3 - N/A
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
Line 3 - 68,000 Shares
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
Direct
11. Nature of Indirect Beneficial Ownership (Instr. 4)
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/ Frank Hodsoll September 9, 1997
**Signature of Reporting Person Date
