UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
KORELL, MARK
3021 Citrus Circle, First Floor
Walnut Creek, CA 94598
2. Issuer Name and Ticker or Trading Symbol
FiNet.com, Inc. (FNCM)
3. I.R.S. Identification Number of Reporting Person, if an entity
(Voluntary)
4. Statement for Month/Year
10/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all
applicable)
[X] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
- ------------------------------------------------------------------
- ------------------------------------------------------------------
1)Title of Security 2)Trans- 3.Trans-
4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action
or Disposed of (D) Securities Indirect
Date Code
A Beneficially D Beneficial
(Month/
or Owned at or Ownership
Day/Year) Code V
Amount D Price End of Month I
- ------------------------------------------------------------------
- ------------------------------------------------------------------
<S> <C> <C>
<C> <C><C> <C> <C><C>
Common Stock 10/25/99 M
10,000 A $0.5630 135,000 D Direct
<CAPTION>
Table II (PART 1) Derivative Securities Acquired, Disposed of, or
Beneficially Owned (Columns 1 through 6)
- ------------------------------------------------------------------
- ------------------------------------------------------------------
1)Title of Derivative 2)Conversion 3)Trans-
4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action
action Securities Acquired (A) Expiration Date
Price of Date Code
or Disposed of (D)
Derivative
Security Code
V A D Exercisable Expiration
- ------------------------------------------------------------------
- ------------------------------------------------------------------
<S> <C> <C> <C>
<C> <C> <C> <C>
Incentive Stock Option (right $0.5630 10/25/99 M
10,000 (1) 10/13/08
to buy)
<CAPTION>
Table II (PART 2) Derivative Securities Acquired, Disposed of, or
Beneficially Owned (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------
- ------------------------------------------------------------------
1)Title of Derivative 3)Trans- 7)Title and Amount
8)Price 9)Number of 10) 11)Nature of
Security action of Underlying
of Deri- Derivative Indirect
Date Securities
vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title
Shares End of Month
- ------------------------------------------------------------------
- ------------------------------------------------------------------
<S> <C> <C>
<C> <C> <C> <C> <C>
Incentive Stock Option (right 10/25/99 Common Stock
10,000 831,750 D Direct
to buy)
<FN>
Explanation of Responses:
(1)
This option vests 25% on Grant, the remaining vest in four equal
annual installments beginning on the first anniversary of the date
of grant.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ KORELL, MARK
DATE
