4 1 0001.txt FORM 4 - 10/31/2000 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. See Instructions 1(b). 1. Name and Address of Reporting Person Lehmann, Nolan 515 W. Greens Rd. Ste. 500 Houston, TX 77067 2. Issuer Name and Ticker or Trading Symbol Paracelsus Healthcare Corporation PLHC.OB 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 10/31/2000 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) Director 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. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common stock |10/20/|S | |173,868 |D |0.02565 |1,844,345 |I |Note 1 | |2000 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Previously reported | | | | | | |540,481 |I |Note 2 | -----------------------------------------------------------------------------------------------------------------------------------| Previously reported | | | | | | |1,000 |I |By spouse | -----------------------------------------------------------------------------------------------------------------------------------| Previously reported | | | | | | |16,832 |D | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |---------------- | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |2,402,658 | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |========== | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| None | | | | | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note 1 - Shares owned by Equus II Incorporated ("Equus II"). Mr. Lehmann is a director and president of Equus II and its Managing Partner, Equus Capital Management Corporation. Mr. Lehmann disclaims any beneficial ownership of these shares. Note 2 - Shares owned by Equus Capital Partners, L.P. ("ECP"). Mr. Lehmann is a director and president of ECP's Managing Partner, Equus Capital Management Corporation. Mr. Lehmann disclaims any beneficial ownership of these shares. SIGNATURE OF REPORTING PERSON Mai-Phuong N. Garland, Attorney-in-Fact DATE 11/10/2000