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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
[ ] Check this box if no longer OMB-Number: 3235-0287
subject to Section 16. Form 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: September 30, 1998
or Form 5 obligations may Estimated average burden
continue. See instruction 1(b). hours perhresponse.......0.5
Washington, D.C. 20549
Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
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(Print or Type Responses)
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1. Name and Address of Reporting 2. Issuer Name and Ticker or 6. Relationship of Reporting Person(s)
Person Trading Symbol to Issuer
(Check all applicable)
Mendelsohn Lawrence Wilshire Financial Services X Director X 10% Owner
(Last) (First) (Middle) Group Inc. (WFSG) ----- ------
X Officer (give Other (specify below)
----- title below) ------
c/o Wilshire Financial Services President
Group Inc.
1776 S.W. Madison Street 3. IRS or Social Security 4. Statement for
Number of Reporting Month/Year
Person (Voluntary)
(Street) August 1998
Portland OR 97205 5. If Amendment, 7. Individual or Joint/Group Filing (Check Applicable Line)
(City) (State) (Zip) Date of Original ___ Form filed by One Reporting Person
(Month/Year) ___ Form filed by More than One Reporting Person
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. Owner 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct (D) Bene
Month/ End of or ficial
Day/ Month Indirect Owner
Year) Code V Amount (A) or Price (I) ship
Amount (D) (Instr. 3 and 4) (Instr. 4) (Instr. 4)
Common Stock 1,509,830 D
Common Stock 125,000 I By Pshp (1)
Common Stock 35,000 I By Corp (1)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (7-96)
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FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and 8. Price 9. Number 10. Owner- 11. Na-
Derivative sion or action action Derivative cisable and Amount of of of ship ture
Security Exercise Date Code Securities Expiration Amountying Deri Deri- Form of In-
(Instr. 3) Price of (Month (Instr. Acquired (A) Date (Month/ Securities va- vative of De- direct
Deriv- Day/ 8) or Disposed Day/Year) (Instr. 3 tive Secu- riva- Bene-
ative Year) of (D) (Instr. and 4) Secu- rities tive ficial
Security 3,4, and 5) rity Bene- Secu- Own-
(Instr. ficially rity ership
5) Owned Direct (Instr.
Date Ex- Amount at End (D) or 4)
Code V (A) (D) Exer- pira- Title or Num- of Indi-
ci- tion ber of Month rect
able Date Shares (Instr. (I)
4) (Instr.
4)
Common
Options $11.43 1/2/97 12/24/01 Stock 19,047 19,047 D
Common
Options $11.43 1/2/97 12/24/01 Stock 345,953 345,953 D
Explanation of Responses:
(1) Mr. Mendelsohn disclaims beneficial ownership except to the extent of his pecuniary interest.
** Intentional misstatements or omissions of facts constitute /s/ Lawrence Mendelsohn 9/10/98
Federal Criminal Violations. **Signature of Reporting Person Date
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Lawrence Mendelsohn
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not Page 2
required to respond unless the form disiplays a currently valid OMB Number. SEC 1474 (7-96)
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