<PAGE> 1
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
OMB APPROVAL
OMB NUMBER 3235-0287
EXPIRES: APRIL 30, 1997
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE . . . . 0.5
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
Trilogy Development Group, Inc.
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(Last) (First) (Middle)
6034 West Courtyard Drive, Suite 130
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(Street)
Austin Texas 78730
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Teknowledge Corporation (TEKC)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
12/96
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer (Check all applicable)
Director XX 10% Owner
--- ---
Officer (give title below) Other (specify below)
--- ---
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED
<TABLE>
<CAPTION>
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1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or
(Instr. 3) (Month/Day/Year) (Instr.8) Disposed of (D) (Instr. 3, 4
and 5)
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Code / V Amount / (A) or (D) / Price
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<S> <C> <C> <C>
Common Stock 12/30/96 S 50,000/(D)/$0.3697
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Common Stock 12/31/96 S 95,000/(D)/$0.46
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</TABLE>
<TABLE>
<CAPTION>
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5. Amount of Securities 6. Ownership Form: Direct 7. Nature of Indirect
Beneficially Owned (D) or Indirect (I) Beneficial Ownership
at End of Month (Instr. 4) (Instr. 4)
(Instr. 3 and 4)
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<S> <C> <C> <C>
3,258,453 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8/92)
</TABLE>
<PAGE> 2
FORM 4 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
1. Title of Derivative 2. Conversion or 3. Transaction 4. Transaction 5. Number of Derivative 6. Date Exercisable and
Security (Instr. 3) Exercise Price Date (Month/ Code (Instr. 8) Securities Acquired Expiration Date
of Derivative Day/Year) (A) or Disposed of (Month/Day/Year)
Security (D) (Instr. 3, 4,
and 5)
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Code / V (A) / (D) Date Expiration
Exercisable Date
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
<TABLE>
<CAPTION>
7. Title and Amount 8. Price of 9. Number of 10. Ownership 11. Nature of
of Underlying Derivative Derivative Form of Indirect
Securities (Instr. Security Securities Derivative Beneficial
3 and 4) (Instr. 5) Beneficially Security: Ownership
Owned at Direct (D) (Instr. 4)
End of or Indirect
Month (I) (Instr. 4)
(Instr. 4)
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<S> <C> <C> <C> <C> <C>
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Explanation of Responses:
<CAPTION>
TRILOGY DEVELOPMENT GROUP, INC.
<S> <C>
** Intentional misstatements or omissions of facts constitute 01/09/97
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 ----------------------------- ----------
U.S.C. 78ff(a). ** Signature of Date
Reporting Person
Joseph A. Liemandt
Note: File three copies of this Form, one of which must President
be manually signed. If space provided is insufficient,
see Instruction 6 for procedure. Page 2
SEC 1474 (8/92)
</TABLE>
<PAGE> 3
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
OMB APPROVAL
OMB NUMBER 3235-0287
EXPIRES: APRIL 30, 1997
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE . . . . 0.5
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
Liemandt Joseph A.
--------------------------------------------------------------------
(Last) (First) (Middle)
6034 West Courtyard Drive, Suite 130
--------------------------------------------------------------------
(Street)
Austin Texas 78730
--------------------------------------------------------------------
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Teknowledge Corporation (TEKC)
--------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person (Voluntary)
--------------------------------------------------------------------
4. Statement for Month/Year
12/96
--------------------------------------------------------------------
5. If Amendment, Date of Original (Month/Year)
--------------------------------------------------------------------
6. Relationship of Reporting Person to Issuer (Check all applicable)
Director XX 10% Owner
--- ---
Officer (give title below) Other (specify below)
--- ---
---------------------
- --------------------------------------------------------------------------------
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired (A) or
(Instr. 3) (Month/Day/Year) (Instr.8) Disposed of (D) (Instr. 3, 4
and 5)
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Code / V Amount / (A) or (D) / Price
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Common Stock 12/30/96 S 50,000/(D)/$0.3697
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Common Stock 12/31/96 S 95,000/(D)/$0.46
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</TABLE>
<TABLE>
<CAPTION>
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5. Amount of Securities 6. Ownership Form: Direct 7. Nature of Indirect
Beneficially Owned (D) or Indirect (I) Beneficial Ownership
at End of Month (Instr. 4) (Instr. 4)
(Instr. 3 and 4)
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<S> <C> <C> <C>
3,258,453* I By Trilogy Development
Group, Inc.
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- ------------------------------------------------------------------------------------------------------------------------------------
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- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
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- ------------------------------------------------------------------------------------------------------------------------------------
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8/92)
</TABLE>
<PAGE> 4
FORM 4 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
1. Title of Derivative 2. Conversion or 3. Transaction 4. Transaction 5. Number of Derivative 6. Date Exercisable and
Security (Instr. 3) Exercise Price Date (Month/ Code (Instr. 8) Securities Acquired Expiration Date
of Derivative Day/Year) (A) or Disposed of (Month/Day/Year)
Security (D) (Instr. 3, 4,
and 5)
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Code / V (A) / (D) Date Expiration
Exercisable Date
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
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</TABLE>
<TABLE>
<CAPTION>
7. Title and Amount 8. Price of 9. Number of 10. Ownership 11. Nature of
of Underlying Derivative Derivative Form of Indirect
Securities (Instr. Security Securities Derivative Beneficial
3 and 4) (Instr. 5) Beneficially Security: Ownership
Owned at Direct (D) (Instr. 4)
End of or Indirect
Month (I) (Instr. 4)
(Instr. 4)
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<S> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
* Mr. Liemandt disclaims beneficial ownership of these securities.
<TABLE>
<S> <C>
** Intentional misstatements or omissions of facts constitute 01/09/97
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 ----------------------------- ----------
U.S.C. 78ff(a). ** Signature of Date
Reporting Person
Note: File three copies of this Form, one of which must
be manually signed. If space provided is insufficient,
see Instruction 6 for procedure. Page 2
SEC 1474 (8/92)
</TABLE>
