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)
MONROE J. CARELL, JR.
614 LYNWOOD BLVD.
NASHVILLE, TN 37205
2. Issuer Name and Ticker or Trading Symbol
CENTRAL PARKING CORPORATION (PK)
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
March 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [X] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
CHAIRMAN
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
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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
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<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 03/21/97 G V 33,333 D $0.0000 D
(1)
Common Stock 03/21/97 G V 133,333 D $0.0000 6,059,930 D
(2)
Common Stock 1,256,491 I by Trust
<CAPTION>
Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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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
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option $31.8750 09/30/97 10/01/06
(right to buy) (3)
<CAPTION>
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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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
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option Common Stock 6,275 6,275 D
(right to buy) (3)
<FN>
Explanation of Responses:
(1)
Bona fide gift to Tennessee Botanical Gardens and Fine Arts Center, Inc. - Cheekwood. The reporting person disclaims beneficial
ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of
such shares for purposes of Section 16 or for any other purpose.
(2)
Bona fide gift to The Monroe Carell, Jr. Foundation. The reporting person disclaims beneficial ownership of these shares and this
report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16
or for any other purpose.
(3)
Option to purchase common stock granted pursuant to the Company's 1995 Incentive and Nonqualified Stock Option Plan for
Key Personnel.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ MONROE J. CARELL, JR.
DATE 04/10/97
