<TABLE>
<CAPTION>
------ -------------------------------
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
------ WASHINGTON, D.C. 20549 -------------------------------
OMB Number 3235-0287
|_| Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: December 31, 2001
no longer subject Estimated average burden
to Section 16. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, hours per response........0.5
Form 4 or Form 5 Section 17(a) of the Public Utility Holding Company Act of 1935 -------------------------------
obligations may or Section 30(f) of the Investment Company Act of 1940
continue. See
Instruction 1(b)
<S> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
1.Name and Address of Reporting Person 2.Issuer Name and Ticker or Trading Symbol 6.Relationship of Reporting Person to Issuer
(Check all applicable)
Bobrick Neal A. Ultimate Electronics, Inc. (ULTE) Director 10% Owner
------------------------------------------------------------------------------------- --- ---
(Last) (First) (Middle) 3.IRS or Social Security 4.Statement for X Officer (give Other (Specify
Number of Reporting Month/Year --- title --- below)
Person (Voluntary) 09/00 below)
c/o Ultimate Electronics, Inc. Senior Vice President-Sales and
321A W. 84th Avenue Store Operations
------------------------------------------ ----------------------------------------------------------------
(Street) 5.If Amendment, 7.Individual or Joint/Group Filing
Date of Original (Check applicable line)
(Month/Year) X Form filed by One Reporting Person
Thornton CO 80260 ---
------------------------------------------ Form filed by More than One
(City) (State) (Zip) --- Reporting Person
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<S> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
1.Title of Security 2.Trans- 3.Transaction 4.Securities Acquired (A) 5.Amount of 6.Ownership 7.Nature of
(Instr. 3) action Code or Disposed of (D) Securities Form: Indirect
Date (Instr. 8) (Instr. 3, 4 and 5) Beneficially Direct (D) or Beneficial
---------------------------------------------- Owned at End Indirect (I) Ownership
(Month/ of Month (Instr. 4) (Instr. 4)
Day/ Code V Amount (A) or Price (Instr. 3 and 4)
Year) (D)
------------------------------------------------------------------------------------------------------------------------------------
Common Stock .01 09/22/00 S 5,000 D $38.50 13,161 D
par value
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 4 (continued) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. 8) Acquired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
--------------------------------------------------------------------
Date Expira- Amount or
Code V (A) (D) Exer- tion Title Number of
cisable Date Shares
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) or (Instr. 4)
of Month Indirect (I)
(Instr. 4) (Instr. 4)
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
Explanation of Responses:
** Intentional misstatements or omissions of facts /s/Neal A. Bobrick October 10, 2000
constitute Federal Criminal Violations. --------------------------------- ----------------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). *Signature of Reporting Person Date
Neal A. Bobrick
Note: File three copies of this Form, one of which must be manually signed.
</TABLE>
