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)
JEFFREY L. WOLFE
6 WYNSTONE
NASHVILLE, TN 37215
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
February 1997
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)
SENIOR VICE PRESIDENT
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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 1,500 I by Spouse (1)
Common Stock 02/10/97 W 750 D $0.0000 750 I as Trustee (2)
Common Stock 02/10/97 W 750 A $0.0000 1,200 D
(2)
<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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option $12.0000 04/10/96 10/06/05
(right to buy)
Non-Qualified Stock Option $31.8750 (3) 10/01/06
(right to buy)
<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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option Common Stock 9,000 9,000 D
(right to buy)
Non-Qualified Stock Option Common Stock 4,500 4,500 D
(right to buy)
<FN>
Explanation of Responses:
(1)
Common stock owned by Barbara Wolfe. 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)
Mr. Wolfe is now the sole trustee and beneficial owner of 50% of the assets of The Patricia Wolfe Children's Trust. The reporting
person disclaims beneficial ownership of 50% of the assets of this trust including the Issuer's Common Stock held therein (a total
of 1,500 shares) and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares
(3)
Grant to reporting person of option to buy shares of common stock under the Company's 1995 Incentive and Nonqualified Stock Option
Plan for Key Personnel. The option becomes exercisable in 25% increments on October 1, 1997, October 1, 1998, October 1, 1999 and
October 1, 2000. Vesting may be accelerated in the event the Company attains certain performance objectives pursuant to the grant
agreement.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ JEFFREY L. WOLFE
DATE 03/10/97
