FRONTIER ADJUSTERS OF AMERICA INC
4, 2001-01-04
PATENT OWNERS & LESSORS
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FORM 4                                                 OMB APPROVAL
------                                     -------------------------------------
[ ] Check this box if no longer             OMB Number                 3235-0287
    subject to Section 16. Form 4           Expires:           December 31, 2001
    or Form 5 obligations may               Estimated average burden
    continue. See Instruction 1(b).          hours per response............. 0.5
                                           -------------------------------------

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1.  Name and Address of Reporting Person*

    Pascucci       Michael          C
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    (Last)         (First)       (Middle)

    270 South Service Road, Suite 45
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    (Street)

    Melville      New York      11747-2339
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    (City         (State)         (Zip)
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2.  Issuer Name and Ticker or Trading Symbol

    Frontier Adjusters of America, Inc. (FAJ)
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3.  IRS Or Social Security Number of Reporting Person (Voluntary)

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4.  Statement for Month/Year

    December 2000
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5.  If Amendment, Date of Original (Month/Year)

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6.  Relationship of Reporting Person(s) to Issuer (Check all applicable)
    [ ] Director                          [X] 10% Owner (1)
    [ ] Officer (give title below)        [ ] Other (specify below)

    -----------------------------
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7.  Individual or Joint/Group Filing (Check Applicable Line)
    [X] Form filed by One Reporting Person
    [ ] Form filed by More than One Reporting Person
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<PAGE>
Form 4 (continued)
<TABLE>
<CAPTION>
==================================================================================================================
                TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
==================================================================================================================
<S>                   <C>         <C>         <C>                      <C>              <C>          <C>
1.Title of Security    2.Trans-  3.Trans-     4.Securities Acquired (A) 5.Amount of      6.Owner-     7.Nature of
  (Instr. 3)             action    action       or Disposed of (D)        Securities       ship         Indirect
                         Date      Code         (Instr. 3, 4 and 5)       Beneficially     Form:        Beneficial
                         (Month/   (Instr. 8)                             Owned at         Direct       Owner-
                         Day/      ----------   ----------------------    End of Month     (D) or       ship
                         Year)                            (A) or         (Instr. 3 and 4)  Indirect I) (Instr. 4)
                                   Code    V    Amount    (D)    Price                     (Instr. 4)
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Common Stock           11/27/00     P            1,300     A     1,872.00                      D
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Common Stock           11/28/00     P           10,500     A    20,036.10   11,800(2)          D
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       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. Transac-   5. Number of Derivative
   Security (Instr. 3)      sion or      action      tion          Securities Acquired
                            Exercise     Date        Code          (A) or Disposed
                            Price of     (Month/     (Instr. 8)    of (D)(Instr. 3,4, and 5)
                            Derivative   Day/        -----------   -------------------------
                            Security     Year)       Code      V         (A)         (D)
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6.Date Exer-       7.Title and Amount of     8.Price    9.Number     10.Owner-   11. Nature
  cisable and        Underlying Securities     of         of Deriv-     ship         of
  Expiration         (Instr. 3 and 4)          Deriv-     ative         Form of      Indirect
  Date (Month/                                 ative      Securities    Deriv-       Benefi-
  Day/Year)                                    Security   Bene-         ative        cial
  ----------------    --------------------     (Instr.5)  ficially      Security:    Owner-
  Date     Expira-    Title      Amount or                Owned at      Direct (D)   ship
  Exer-    tion                  Number of                End of Month  or Indirect  (Instr.4)
  cisable  Date                  Shares                   (Instr. 4)    (I)(Instr.4)
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</TABLE>
Explanation of Responses:

                           /s/ Michael C. Pascucci             December 29, 2000
                           -------------------------------     -----------------
                           **Signature of Reporting Person            Date

(1)  The Reporting  Person may be deemed to share voting and  dispositive  power
     over the  shares of Common  Stock of the  Issuer  described  in Item 2. The
     Reporting Person disclaims beneficial ownership of these securities and the
     filing of this Form 4 shall not be deemed an admission  that the  Reporting
     Person is a beneficial  owner or has voting or dispositive  power over such
     securities for any purposes under the Act.
(2)  Does not  include  5,258,513  shares  owned by United  Financial  Adjusting
     Company with regard to which the Reporting  Person disclaims any beneficial
     interest.

**   Intentional misstatements or omissions of facts constitute Federal Criminal
     Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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
valid OMB Number.



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