UGLY DUCKLING CORP
4, 1999-03-08
PERSONAL CREDIT INSTITUTIONS
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<PAGE>

                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.

1. Name and Address of Reporting Person(s)
   Abrahams, Robert J.
   2525 East Camelback Road, Suite 500
   Phoenix, Arizona  85016  
2. Issuer Name and Ticker or Trading Symbol
   Ugly Duckling Corporation (UGLY)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Statement for Month/Year
   10/96&
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>
<CAPTION>
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 V   Amount        D  Price        End of Month   I                   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>         <C>      <C>           <C><C>          <C>            <C> <C>             
Common Stock-unchanged                                                                           8,244!#        D   Direct          
Common Stock                                  10/30/96&   P&       200 &         A  $15.00&      700            I   by Spouse &     

</TABLE>













<PAGE>

<TABLE>
<CAPTION>
Table II (PART 1)  Derivative Securities 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  V   A                D                Exercisable  Expiration   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>             <C>            <C>       <C>              <C>              <C>          <C>          
NONE

<CAPTION>
Table II (PART 2)  Derivative Securities 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 Month                      
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>       <C>                            <C>           <C>         <C>           <C> <C>             
NONE































<PAGE>

<FN>
Explanation of Responses:

&    Reporting  person's wife owns these shares of UGLY Common Stock. On 2/12/99
     UGLY was informed of the 200 shares that were  purchased on 10/30/96.  This
     statement is a delinquent  report as to the 10/30/96 purchase of 200 shares
     by the reporting  person's  wife.  Ending balance of 700 shares is based on
     the 4/30/98 balance of 500 shares of UGLY Common Stock plus the purchase of
     200 shares during 10/96 (500 + 200 = 700)

#    Ending balance consists, in part, of 6,244 shares of UGLY restricted Common
     Stock issued under the UGLY  Director's  Incentive  Plan in 6/96 at a price
     per share of approximately  $15.00. These shares vest 33% per year. 2/28/99
     ending  balance of 8,244 shares is based on the 4/30/98  ending  balance of
     6,244 shares of UGLY Common Stock plus the purchase of 2,000 shares  during
     5/98 (6,244 + 2,000 =8,244)

!    On 5/18/98 purchased 2,000 shares of UGLY Common Stock at $9.1875 per share
     through  reporting  person's "IRA."

@    Power of Attorney is included and made a part of this filing.

</FN>
</TABLE>
                                                   SIGNATURE OF REPORTING PERSON

                                                   /s/ JUDITH A. BOYLE
                                                   -----------------------
                                                   By: Judith A. Boyle
                                                   @ Attorney-in-Fact
                                                   For: Robert J. Abrahams

                                                   DATE: March 4, 1999
                                                   -------------------























<PAGE>

                               POWER OF ATTORNEY
                                  (R. Abrahams)


     I hereby appoint Steven P. Johnson,  Judith A. Boyle and Steven D. Pidgeon,
and each of them, attorney-in-fact for me, each with full power of substitution,
to prepare,  execute and deliver on my behalf reports required to be filed by me
pursuant  to  Section  16 of the  Securities  Exchange  Act of 1934,  as amended
("Section  16"),  and Rule 144 and Rule 145  under  the  Securities  Act of 1933
(singly or collectively ("Rule 144")). Among other things, each attorney-in-fact
is authorized to file original  reports  (either  electronically  or otherwise),
signed  by me or on my  behalf,  on  Forms  3, 4 and 5,  and  Form  144 with the
Securities and Exchange Commission,  and to provide any necessary copies of such
signed  forms to The  NASDAQ  Stock  Market  and Ugly  Duckling  Corporation  as
required  by the rules  under  Section 16 and Rule 144 as in effect from time to
time.

     This power of attorney is effective from the date hereof until September 1,
1999, unless earlier revoked or terminated.


                                          /s/ ROBERT J. ABRAHAMS
                                          --------------------------------------
                                          Robert J. Abrahams


Dated:  May 5, 1998


























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