FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEIFICAL OWNERSHIP OF SECURITIES
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
1. Name and Address of Reporting Person
Franklin, Michael G.
425 Corporate Circle
Golden, CO 80401
2. Date of Event Requiring Statement (Month/Day/Year)
April 30, 1998
3. IRS or Social Security Number of Reporting Person (Voluntary)
N/A
4. Issurer Name and Ticker or Trading Symbol
Unique Mobility, Inc. (UQM)
5. Relationship of Reporting Person to Issuer
Director: Director
Officer: Vice President-Electronics Manufacturing
6. If Amendment, Date of Original (Month/Day/Year)
N/A
7. Individual or Joint/Group Filing (Check applicable line)
Form filed by One Reporting Person
TABLE I-Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)
Line 1 - Common Stock
2. Amount of Securities Beneficially Owned (Inst. 4)
Line 1 - 194,379 Shares
Line 2 - 69,000 Shares
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
Line 1 - Direct
Line 2 - Indirect
4. Nature of Indirect Beneficial Ownership (Instr. 5)
Line 1 - N/A
Line 2 - Escrow account for the benefit of Michael Franklin.
TABLE II-Derivative Securities Benficially Owned (e.g., Puts, Calls,
Warrants, Options, Convertible Securities)
1. Title of Derivative Security (Instr. 4)
Line 1 - Call Option
Line 2 - Call Option
Line 3 - Call Option
2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
Line 1 - May 1, 1999 April 30, 2008
Line 2 - May 1, 2000 April 30, 2008
Line 3 - May 1, 2001 April 30, 2008
3. Title and Amount of Securities Underlying Derivative Security (Inst. 4)
Title Amount or Number of Shares
Line 1 - Common Stock 33,333
Line 2 - Common Stock 33,333
Line 3 - Common Stock 33,334
4. Conversion or Exercise Price or Derivative Security
Line 1 - $7.75
Line 2 - $7.75
Line 3 - $7.75
5. Ownership Form of Derivative Security Direct (D) or Indirect (I) (Inst. 5)
Line 1 - Direct
Line 2 - Direct
Line 3 - Direct
6. Nature of Indirect Beneficial Ownership (Instr. 5)
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/Michael G. Franklin May 6, 1998
**Signature of Reporting Person Date
