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 (Voluntary)
###-##-####
4. Statement for Month/Year
February, 1999
5. If Amendment, Date of Original (Month/Year)
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 (Instr. 3)
Line 1 - Common Stock
2. Transaction Date (Month/Day/Year)
Line 1 - February 19, 1999
3. Transaction Code (Instr. 8)
Line 1 - Code: M; V: Voluntary
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Line 1- Amount: 17,000 Shares; (A) or (D): Acquired; Price:$3.50 Per Share
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
68,041 Shares.
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
All Holdings are Indirect
7. Nature of Indirect Beneficial Ownership (Instr. 4)
57,041 Shares Indirectly by a Limited Partnership of which Mr. French
is the General Partner and 11,000 Shares Indirectly by a Trust for the
Benefit of Mr. French
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
2. Conversion or Exercise Price of Derivative Security
Line 1 - $3.50 Per Share
3. Transaction Date (Month/Day/Year)
Line 1 - February 19, 1999
4. Transaction Code (Instr. 8)
Line 1 - Code: M; V: Voluntary
5. Number of Derivative Securities Acquired (A) or Disposed of(D)
(Instr. 3, 4 and 5)
Line 1 - Exercised Call Option on 17,000 Shares of Common Stock
6. Date Exercisable and Expiration Date (Month/Day/Year)
Line 1 - Date Exercisable: July 15, 1993
Line 1 - Expiration Date: July 14, 2002
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Line 1 - Title: Common Stock; Amount: 17,000 Shares
8. Price of Derivative Security (Instr. 5)
N/A
9. Number of Derivative Securities Beneficially Owned at End of
Month (Instr. 4)
Call Options on 355,050 Shares
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
355,050 Shares Indirect
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Limited Partnership of which Mr. French is the General Partner
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 March 1, 1999
**Signature of Reporting Person Date
