We present a simple exactly solvable quantum mechanical example of the
global anomaly in an O(3) model with an odd number of fermionic tripl
ets coupled to a gauge field on a circle. Because the fundamental grou
p is non-trivial, pi1(O(3)) = Z2, fermionic level crossing - circling
occurs in the eigenvalue spectrum of the one-dimensional Dirac operato
r under continuous external field transformations. They are shown to b
e related to the presence of an odd number of normalizable zero modes
in the spectrum of an appropriate two-dimensional Dirac operator. We a
rgue that fermionic degrees of freedom in the presence of an infinitel
y large external field violate perturbative decoupling.