<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q/A
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1998
COMMISSION FILE NUMBER: 000-23283
FMAC
Franchise Mortgage Acceptance Company
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 95-4649104
------------------------------- ------------------------------------
(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER IDENTIFICATION NUMBER)
INCORPORATION OR ORGANIZATION)
1888 Century Park East, Third Floor 90067
Los Angeles, California (Zip Code)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (310) 229-2600
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(b) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X NO
----- -----
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest possible date:
CLASS SHARES OUTSTANDING AT JULY 31, 1998
----- -----------------------------------
Common Stock, $0.001 par value 28,715,625
<PAGE>
PART II - OTHER INFORMATION
The Registrant hereby amends the disclosure contained in Part II of the
Registrant's Quarterly Report on Form 10-Q for the period ended June 30, 1998 to
add Item 4 thereto and the information required thereunder. In accordance with
Rule 12b-15 promulgated under the Securities Exchange Act of 1934, as amended,
the complete text of Part II, Item 4, as amended follows.
ITEM 4. Submission of Matters to a Vote of Security Holders
The 1998 Annual Meeting of Stockholders was held on June 16, 1998.
PROPOSAL 1. Election of Board of Directors to serve until the 1999 Annual
Meeting.
<TABLE>
<CAPTION>
FOR ABSTAIN
------------- -------------
<S> <C> <C>
H. Wayne Snavely 6,404,636 -
Wayne L. Knyal 6,404,636 -
Ronald V. Davis 6,404,636 -
G. Louis Graziadio, III (1) 6,404,636 -
Perry A. Lerner 6,404,636 -
Richard J. Loughlin 6,404,636 -
John E. Martin 6,404,636 -
Michael L. Matkins 6,404,636 -
</TABLE>
_____
(1) Effective October 30, 1998, G. Louis Graziadio, III, resigned as a member
of the Company's Board of Directors. The Board of Directors has appointed
Brad Plantiko, Chief Financial Officer of Imperial Credit Industries, Inc.,
the Company's largest stockholder, to replace Mr. Graziadio as a member of
the Board.
PROPOSAL 2. To ratify the appointment of KPMG Peat Marwick LLP as independent
accountants of the Company for the year ending December 31, 1998.
<TABLE>
<CAPTION>
FOR AGAINST ABSTAIN
- ---------------- ------------- -------------
<S> <C> <C>
6,401,870 2,766 -
</TABLE>
2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Amendment No. 1 to be signed on its behalf by
the undersigned, thereunto duly authorized.
FRANCHISE MORTGAGE ACCEPTANCE COMPANY
Date: November 13, 1998 By: /s/ Raedelle Walker
--------------------------------
Raedelle Walker
Executive Vice President and
Chief Financial Officer
(Principal Financial Officer and
Principal Accounting Officer)
3
