UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
1. Name and Address of Reporting Person(s)
Wargolet, Marcie A.
8989 North Deerwood Drive
Milwaukee, WI 53223
2. Issuer Name and Ticker or Trading Symbol
Catalyst International, Inc. (CLYS)
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
December 31, 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
V.P., Software Development
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 Amount D Price End of Year I
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 8,333 D
<CAPTION>
Table II (PART 1) Derivative Securitites 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 A D Exercisable Expiration
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option (right $0.100 (1) 01/03/04
to buy)
Employee Stock Option (right $0.100 (2) 04/22/04
to buy)
Employee Stock Option (right $8.500 (3) 04/02/06
to buy)
Employee Stock Option (right $4.125 12/06/96 A 5,000 (4) 12/06/06
to buy)
<CAPTION>
Table II (PART 2) Derivative Securitites 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 Year
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option (right Common Stock 16,667 16,667 D
to buy)
Employee Stock Option (right Common Stock 15,000 15,000 D
to buy)
Employee Stock Option (right Common Stock 40,000 40,000 D
to buy)
Employee Stock Option (right 12/06/96 Common Stock 5,000 5,000 D
to buy)
<FN>
Explanation of Responses:
(1)
The Option vests 20% on the date of grant (1/3/94) and 1-23% each month thereafter, provided Ms. Wargolet remains an employee of
the Company.
(2)
The Option vests 20% on the first anniversary of the date of grant (4/22/94) and 1-2/3% each month thereafter, provided Ms.
Wargolet remains an employee of the Company.
(3)
The Option vests 20% on the first anniversary of the date of grant (4/3/96) and 1-2/3% each month thereafter, provided Ms. Wargolet
remains an employee of the Company.
(4)
The Option vests 20% on the first anniversary of the date of grant (12/06/96) and 1 2/3% each month thereafter, provided Ms.
Wargolet remains an employee of the Company.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ MARCIE A. WARGOLET
DATE