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 continue. See Holding Company Act of 1935 or Section
30(f) of the Investment Company Act of 1940
FORM 5
|_| Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may Instruction 1(b).
|_| Form 3 Holdings Reported.
|_| Form 4 Transactions reported.
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1. Name and Address of Reporting 2. Issuer Name and Ticker or 6. Relationship of Reporting Person to Issuer
Person Trading Symbol (Check all applicable)
Glime Ronald F. Warrantech Corporation - WTEC ___ Director ___ 10% Owner
(Last) (First) (Middle) ___ Officer _X_ Other
(give title below) (specify below)
President-Warrantech Domestic Operations
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3. IRS or Social Security 4. Statement for 7. Individual or Joint/Group Filing
c/o Warrantech Corporation Number of Reporting Person Month/Year (Check applicable line)
300 Atlantic Street (Voluntary)
3/31/00 _X_ Form filed by one Reporting Person
(Street)
___ Form filed by more than one Reporting
Person
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5. If Amendment,
Stamford CT 06901 Date of Original
(Month/Year)
(City) (State) (Zip)
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action (A) or Disposed of (D) Securities Form: Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Month/ (Instr.8) Owned at End or Indirect Ownership
Day/ Year) of Issuer's (I) (Instr.4) (Instr. 4)
Fiscal Year
(Instr. 3 and 4)
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Amount (A) or (D) Price
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Common Stock 67,527 D
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If the form is filed by more than one Reporting Person, see Instruction 4(6)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
(Print or Type Responses)
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FORM 5 (continued)
Table II-- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1. Title of Derivative 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date 7. Title and Amount of
Security or Date Code Derivative Exercisable Underlying Securities
(Instr. 3) Exercise (Instr.8) (Instr.8) Securities and (Instr. 3 and 4)
Price (Month/ Acquired (A) Expiration
of Day/Year) or Disposed Date
Derivative of (D) (Instr. (Month/Day/
Security 3, 4, and 5) Year)
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(A) (D) Date Expir- Title Amount or
Exer- ation Number of
cisable Date Shares
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Option to Purchase 10/18/99 D(1) 65,565 Common 65,565
Common Stock Stock
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8. Price 9. Number 10. Ownership 11. Nature
of of Form of of
Derivative Derivative Derivative Indirect
Security Securities Security: Beneficial
(Instr.5) Beneficially Direct Ownership
Owned at (D) or (Instr. 4)
End of Indirect (I)
Month (Instr.4)
(Instr.4)
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0 D
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Explanation of Responses:
(1) Cancellation of option.
/s/ Ronald Glime 5/13/00
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
