Form 5
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)
Thatcher, Keith D.
6300 Bridgepoint Parkway
Building One, Suite 500
Austin, TX 78730
2. Issuer Name and Ticker or Trading Symbol
Concero Inc. (CERO)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
12/01
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)
Sr.VP, Chief Financial 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 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 Amount D Price End of Year I
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Common Stock 6,570 D Direct
Common Stock 1,900 I by Spouse
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 A D Exercisable Expiration
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Non-Qualified Stock Option $0.6000 08/15/01 A 25,000 (1) 08/15/11
(right to buy)
Non-Qualified Stock Option $1.0100 04/23/01 A 14,115 (2) 04/23/11
(right to buy)
Non-Qualified Stock Option $1.9375 09/29/08
(right to buy)
Non-Qualified Stock Option $2.2500 02/01/01 A 20,000 (3) 02/01/11
(right to buy)
Non-Qualified Stock Option $2.5800 09/27/06
(right to buy)
Non-Qualified Stock Option $3.8750 02/09/09
(right to buy)
Non-Qualified Stock Option $9.6250 05/31/10
(right to buy)
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 Year
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Non-Qualified Stock Option 08/15/01 Common Stock 25,000 25,000 D Direct
(right to buy)
Non-Qualified Stock Option 04/23/01 Common Stock 14,115 14,115 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 52,000 52,000 D Direct
(right to buy)
Non-Qualified Stock Option 02/01/01 Common Stock 20,000 20,000 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 7,385 7,385 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 11,139 11,139 D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 25,000 25,000 D Direct
(right to buy)
Explanation of Responses:
(1) Options are exercisable in two (2) equal annual installments beginning August 15, 2002.
(2) Options are exercisable in two (2) equal annual installments beginning April 23, 2002.
(3) Options are exercisable in four (4) equal annual installments beginning February 1, 2002.
SIGNATURE OF REPORTING PERSON
/S/ Thatcher, Keith D.
DATE: February 11, 2002