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) Richardson, Nancy A. 6300 Bridgepoint Parkway Building Three, Suite 200 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 12/00 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, General Counsel and Secretary 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 ------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 1,800 D Direct 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 ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $1.9375 (1) 09/29/08 (right to buy) Non-Qualified Stock Option $3.6250 10/02/00 A 20,000 (2) 10/02/10 (right to buy) Non-Qualified Stock Option $3.8750 (3) 02/09/09 (right to buy) Non-Qualified Stock Option $9.6250 05/31/00 A 19,000 (4) 05/31/10 (right to buy) Non-Qualified Stock Option $16.6250 01/12/00 A 5,000 (5) 01/12/10 (right to buy) 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 ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option Common Stock 15,082 15,082 D Direct (right to buy) Non-Qualified Stock Option 10/02/00 Common Stock 20,000 $3.6250 20,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 6,000 6,000 D Direct (right to buy) Non-Qualified Stock Option 05/31/00 Common Stock 19,000 19,000 D Direct (right to buy) Non-Qualified Stock Option 01/12/00 Common Stock 5,000 $16.6250 5,000 D Direct (right to buy) [FN] Explanation of Responses: - (1) 4,918 options have been exercised and 5,082 options are currently exercisable. The remaining 10,000 options become exercisable in two (2) equal annual installments commencing on September 29, 2001. (2) Option to purchase 20,000 shares becomes exercisable in four (4) equal annual installments commencing October 2, 2001. (3) 2,000 options have been exercised and an additional 2000 options are exercisable. The remaining 4,000 options become exercisable in two(2)equal annual installments commencing on February 9, 2002. (4) Option to purchase 19.000 shares becomes exercisable in four (4)equal annual installments commencing May 31, 2001. (5) 1250 options are currentlly exercisable. The remaining 3750 options become exercisable in three (3) equal annual installments commencing on January 12, 2002. SIGNATURE OF REPORTING PERSON /S/ Richardson, Nancy A. DATE: 01/08/01