FORM 5
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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). Form 3 Holding Reported.
Form 4 Transactions Reported.
1. Name and Address of Reporting Person
Rankin, William G.
425 Corporate Circle
Golden, CO 80401
2. Issuer Name and Ticker or Trading Symbol
Unique Mobility, Inc. (UQM)
3. IRS Identification Number of Reporting Person, if an entity (Voluntary)
###-##-####
4. Statement for Month/Year
March 1998
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person to Issuer
President and Director
7. Individual or Joint/Group Reporting
Individual
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 Issuer's Fiscal Year
(Instr. 3 and 4)
Line 1 - 4,443 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 - $8.00 per share
Line 2 - $8.00 per share
Line 3 - $8.00 per share
3. Transaction Date (Month/Day/Year)
Line 1 - March 25, 1998
Line 2 - March 25, 1998
Line 3 - March 25, 1998
4. Transaction Code (Instr. 8)
Line 1 - Code: A
Line 2 - Code: A
Line 3 - Code: A
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
Line 1 - Code A: Amount: 32,126
Line 2 - Code A: Amount: 32,126
Line 3 - Code A: Amount: 32,125
6. Date Exercisable and Expiration Date (Month/Day/Year)
Line 1 - Date exercisable: March 25, 1999; Expiration Date: March 24, 2008
Line 2 - Date exercisable: March 25, 2000; Expiration Date: March 24, 2008
Line 3 - Date exercisable: March 25, 2001; Expiration Date: March 24, 2008
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Line 1 - Title of Underlying Securities: Common Stock; Amount: 32,126 shares
Line 2 - Title of Underlying Securities: Common Stock; Amount: 32,126 shares
Line 3 - Title of Underlying Securities: Common Stock; Amount: 32,125 shares
8. Price of Derivative Security (Instr. 5)
N/A
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
667,771 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:
N/A
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
Signature of Reporting Person Date: July 23, 1998
/s/William G. Rankin
