SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Act of 1934
Date of Report (Date of earliest event reported): June 30, 1999
FRONTIER ADJUSTERS OF AMERICA, INC.
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(Exact name of registrant as specified in its charter)
ARIZONA 1-12902 86-0477573
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(State or other jurisdiction of (Commission File No.) (IRS Employer ID No.)
incorporation)
45 East Monterey Way, Phoenix, Arizona 85011
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code: (602) 264-1061
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(Former name or former address, if changed since last report)
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FRONTIER ADJUSTERS OF AMERICA, INC.
FORM 8-K
CURRENT REPORT
ITEM 5. OTHER EVENTS
Effective June 30, 1999, William J. Rocke retired as CEO and Chairman
of the Board, and Jean Ryberg retired as President, of Frontier Adjusters of
America, Inc. ("Frontier"). Mr. Rocke and Ms. Ryberg will continue to serve as
directors of Frontier. Troy M. Huth has been appointed to serve as Frontier's
President and Chairman of the Board and Jeff Jordan has been appointed to serve
as an Executive Vice-President of Frontier.
On June 29, 1999, United Financial Adjusting Company ("UFAC") elected
to convert its 5,258,513 shares of the Company's Series A Convertible Voting
Preferred Stock into an equal number of shares of the Company's Common Stock.
The shares of Common Stock were issued by the Company to UFAC effective June 30,
1999. The shares of Common Stock issued to UFAC represent 58.7% of the Company's
issued and outstanding Common Stock (57.9% on a fully diluted basis).
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
July 6, 1999 FRONTIER ADJUSTERS OF AMERICA, INC.
By: /s/ Francis J. LaPallo
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Francis J. LaPallo
Executive Vice President
