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
Franklin, Michael 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)
N/A
4. Statement for Month/Year
March 1999
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person to Issuer
Vice President - Electronic Manufacturing 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
Line 2 - 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 - 69,000 shares
Line 2 - 6,000 shares
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
Line 1 - Indirect
Line 2 - Indirect
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Line 1 - Escrow Account - FBO Michael Franklin
Line 2 - Escrow Account - FBO Debbie Franklin
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 4 - Call Option
Line 2 - Call option Line 5 - Call Option
Line 3 - Call option Line 6 - Call Option
2. Conversion or Exercise Price of Derivative Security
Line 1 - $4.38 Line 4 - $4.38
Line 2 - $4.38 Line 5 - $4.38
Line 3 - $4.38 Line 6 - $4.38
3. Transaction Date (Month/Day/Year)
Line 1 - March 23, 1999 Line 4 - March 23, 1999
Line 2 - March 23, 1999 Line 5 - March 23, 1999
Line 3 - March 23, 1999 Line 6 - March 23, 1999
4. Transaction Code (Instr. 8)
Line 1 - Code: A Line 4 - Code: A
Line 2 - Code: A Line 5 - Code: A
Line 3 - Code: A Line 6 - Code: A
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
Line 1 - Amount: 23,664 Line 4 - Amount: 1,239
Line 2 - Amount: 23,664 Line 5 - Amount: 1,239
Line 3 - Amount: 23,664 Line 6 - Amount: 1,240
6. Date Exercisable and Expiration Date (Month/Day/Year)
Line 1 - Date exercisable: March 23, 2000; Expiration Date: March 22, 2009
Line 2 - Date exercisable: March 23, 2001; Expiration Date: March 22, 2009
Line 3 - Date exercisable: March 23, 2002; Expiration Date: March 22, 2009
Line 4 - Date exercisable: March 23, 2000; Expiration Date: March 22, 2009
Line 5 - Date exercisable: March 23, 2001; Expiration Date: March 22, 2009
Line 6 - Date exercisable: March 23, 2002; Expiration Date: March 22, 2009
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Line 1 - Title of Underlying Securities: Common Stock; Amount: 23,664 shares
Line 2 - Title of Underlying Securities: Common Stock; Amount: 23,664 shares
Line 3 - Title of Underlying Securities: Common Stock; Amount: 23,664 shares
Line 4 - Title of Underlying Securities: Common Stock; Amount: 1,239 shares
Line 5 - Title of Underlying Securities; Common Stock; Amount: 1,239 shares
Line 6 - Title of Underlying Securities; Common Stock; Amount: 1,240 shares
8. Price of Derivative Security (Instr. 5)
N/A
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
Line 6 - Amount: 174,710 shares
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
Direct - 170,992
Indirect - 3,718
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Call Options as to 3,718 shares of common stock are held by Debbie
Franklin, Wife of Mr. Franklin
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)
/s/Michael G. Franklin
**Signature of Reporting Person Date: May 14, 1999
