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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. __):
Onyx Acceptance Corporation
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(Name of Issuer)
COMMON STOCK, par value $0.01
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(Title of Class of Securities)
682914106
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(CUSIP Number)
G. Bradford Jones, 11150 Santa Monica Boulevard, Suite 1200,
Los Angeles, California 90025
(310) 477-7678
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 27, 2000
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following
box [ ].
Note. Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other parties
to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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13D
CUSIP No. 682914106
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
G. Bradford Jones
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES 433,592
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 433,592
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PERSON 10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
433,592
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.4%
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14 TYPE OF REPORTING PERSON*
IN, HC
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that that information set forth in this statement is true, complete and
correct.
1/3/2001
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Date
/s/ G. Bradford Jones
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Signature
G. Bradford Jones
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Name/Title
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power or attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
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Item 1. Security and Issuer.
The class of equity securities to which this statement relates is the
common stock, par value $0.01 (the "Common Stock") of Onyx Acceptance
Corporation (the "Issuer"), a Delaware corporation. The principal executive
offices of the Issuer are located at 27051 Towne Centre Drive, Foothill Ranch,
California 92610.
Item 2. Identity and Background.
This statement is filed on behalf of G. Bradford Jones, an individual.
Mr. Jones' principal occupation is a venture capital investor whose principal
executive office is located at 11150 Santa Monica Boulevard, Suite 1200, Los
Angeles, California 90025. Mr. Jones is also a member of the Board of Directors
of the Issuer, a consumer finance company specializing in motor vehicle retail
installment contracts, at the address listed above.
During the past five years, Mr. Jones has not been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) nor
has he been a party to a civil proceeding of a judicial or administrative body
of competent jurisdiction as a result of which he was or is subject to a
judgment, decree or final order enjoining future violations of or prohibiting or
mandating activity subject to Federal or State securities laws or finding any
violation with respect to such laws. Mr. Jones is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
On November 15, 2000, 33,592 shares of the Issuer's Common stock were
received from a liquidating distribution of all of the Issuer's securities held
by Brentwood Associates VI, L.P., a limited partnership, of which Mr. Jones is a
General Partner of the General Partner. Between November 16, 2000 and December
11, 2000, in a series of broker-assisted purchases on the open market, Mr. Jones
used $1,376,922.50 in personal funds to acquire 400,000 additional shares of the
Issuer's Common Stock.
Item 4. Purpose of Transaction.
Mr. Jones has acquired the Issuer's securities for investment purposes
and may acquire additional shares for this purpose or dispose of such shares.
Item 5. Interest in Securities of the Issuer.
(a) - (b) According to the Issuer's most recent Form 10Q filed with the
Securities and Exchange Commission on November 14, 2000, there were 5,148,987
shares of the Issuer's Common Stock outstanding as of November 10, 2000. Mr.
Jones beneficially owns 433,592 shares of the Issuer's Common Stock,
representing approximately 8.4% of the outstanding shares. Mr. Jones has the
power to vote or to direct the vote and to dispose or to direct the disposition
of such shares. Within 60 days, Mr. Jones will have the right to exercise
options to acquire beneficial ownership of an additional 27,250 shares of the
Issuer's Common Stock.
(c) During the past 60 days, Mr. Jones has effected the following
acquisitions of the Common Stock of the Issuer as follows.
1. Liquidating distribution of all Issuer's securities
held by Brentwood Associates VI, L.P., of which Mr.
Jones is a General Partner of the General Partner:
<TABLE>
<CAPTION>
Originally Acquired by Brentwood
Associates VI, L.P. (11/22/1993)
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Average
Date of Transaction Amount of Securities Cost per Share Total Funds Required
------------------- -------------------- -------------- --------------------
<S> <C> <C> <C>
11/15/2000 33,592 $3.970 $133,360.24
------
Sub-total 33,592
</TABLE>
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2. Broker-assisted purchases on the open market with Mr.
Jones' personal funds:
<TABLE>
<CAPTION>
Date of Transaction Amount of Securities Price per Share Total Funds Required
------------------- -------------------- --------------- --------------------
<S> <C> <C> <C>
11/16/2000 53,141 $3.4375 $ 182,672.18
11/16/2000 128,434 3.4775 446,629.23
11/16/2000 10,343 3.0200 31,235.86
11/17/2000 23,602 3.1406 74,124.44
11/20/2000 2,821 3.0004 8,464.13
11/22/2000 1,876 3.0200 5,665.52
11/27/2000 6,231 3.4580 21,546.80
12/1/2000 47,752 3.5000 167,132.00
12/4/2000 25,800 3.5000 90,300.00
12/5/2000 13,672 3.4380 47,004.34
12/5/2000 38,000 3.5000 133,000.00
12/6/2000 16,300 3.5000 57,050.00
12/7/2000 2,856 3.5000 9,996.00
12/8/2000 4,668 3.5000 16,338.00
12/11/2000 24,504 3.5000 85,764.00
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Sub-total 400,000 $1,376,922.50
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Grand Total 433,592
=======
</TABLE>
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
None.
Item 7. Materials to be Filed as Exhibits.
None.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: January 3, 2001 /s/ G. Bradford Jones
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G. Bradford Jones
