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)
Garcia II, Ernest C.
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
11/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [X] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
Chairman of the Board
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 4,500,000 D Direct
Common Stock 11/13/00 P 360,000 A $5.50 (1) I Indirect-V
Common Stock 11/14/00 P 58,000 A $5.50 (2) I Indirect-V
Common Stock 11/14/00 P 85,500 A $5.38 (3) 503,500 I Indirect-V
Common Stock 11/15/00 P 18,800 A $5.50 (4) 18,800 I Indirect-VRC
<CAPTION>
<PAGE>
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>
<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>
</TABLE>
Explanation of Responses:
(1) These 360,000 shares of Common Stock of UGLY were acquired on 11/13/00 by
Verde Investments, Inc. ("Verde") at a purchase price of $5.50 per share.
The Reporting Person is the president and sole shareholder of Verde. Verde
is an affiliate of Issuer.
(2) These 58,000 shares of Common Stock of UGLY were acquired on 11/14/00 by
Verde Investments, Inc. ("Verde") at a purchase price of $5.50 per share.
(3) These 85,500 shares of Common Stock of UGLY were acquired on 11/15/00 by
Verde Investments, Inc. ("Verde") at a purchase price of $5.375 per share.
(4) These 18,800 shares of Common Stock of UGLY were acquired on 11/15/00 by
Verde Reinsurance Company, Ltd. ("VRC") at a purchase price of $5.50 per
share. The Reporting Person is the director, managing director and sole
shareholder of VRC. VRC is an affiliate of Issuer.
- Power of Attorney is included and made a part of this filing.
SIGNATURE OF REPORTING PERSON
/S/ By: JON D. EHLINGER
-----------------------------
For: Ernest C. Garcia, II
DATE 11/07/00
<PAGE>
POWER OF ATTORNEY
(E. Garcia II)
I hereby appoint Jon D. Ehlinger, attorney-in-fact for me, 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 December
1, 2001, unless earlier revoked or terminated.
/s/ ERNEST C. GARCIA II
---------------------------
Ernest C. Garcia II
Dated: December 6, 2000
