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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549 ---------------------------
OMB APPROVAL
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ---------------------------
/ / Check this box if no OMB Number: 3235-0287
longer subject to Filed pursuant to Section 16(a) of the Securities Expires: September 30, 1998
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the Estimated average burden
or Form 5 obligations Public Utility Holding Company Act of 1935 hours per response......0.5
may continue. See or Section 30(f) of the Investment Company ---------------------------
Instruction 1(b). Act of 1940
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to
Ostendorf George J. Hanover Capital Mortgage Holdings, Inc. HCM Issuer (Check all applicable)
- ----------------------------------------- ------------------------------------------- X Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ----
Number of Reporting Month/Year X Officer Other (Specify
7140 West Higgins Avenue Person (Voluntary) February, 1999 ---- (give title ---- below)
- ------------------------------------------- -------------------- below) Managing Director
(Street) ------------------------- 5. If Amendment, -------------------------------
Date of Original 7. Individual or Joint/Group Filing
Chicago, Illinois 60656 (Month/Year) (Check Applicable Line)
- ------------------------------------------- X Form filed by One Reporting
(City) (State) (Zip) ------------------- ---- Person
Form filed by more than one
---- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ Indirect Owner-
Year) ------------- -------------------------- -------------------- (I) ship
Code V Amount (A) or Price (Instr. 4) (Instr.
(D) 4)
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Common Stock* 2/4/99 P 2,000 A 4.250 115,211 D
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*Purchase of Units consisting of one share and one warrant per Unit.
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)
(Print or Type Responses)
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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)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Rights to Acquire Common 32,500
Stock
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Options (Rights to Common 43,029
acquire) Stock
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Warrants * 15.00 2/4/99 P 2,000 3/15/98 9/15/00 Common 2,000
Stock
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1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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32,500 D
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43,029 D
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2,800 D
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Explanation of Responses:
*Purchase of Units consisting of one share and one warrant per Unit.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ George J. Ostendorf 3/10/99
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note. File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently Page 2
valid OMB Number. SEC 1474 (7-96)
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