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FORM 4
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<S> <C> <C>
U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, DC 20549 OMB NUMBER: 3235-0287
Expires: September 30, 1998
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
[ ] Check box if no hours per response.....0.5
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
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(1) | 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person to|
| Jacobs Gerard M. | Crown Group, Inc. (CNGR) | Issuer (Check all applicable) |
|--------------------------------------------|----------------------------------------------| |
| (Last) (First) (Middle) | 3. IRS Identification | 4. Statement For | [X] Director [ ] 10% Owner |
| | Number of Reporting | Month/Year | [ ] Officer (give [ ] Other (Specify|
| | Person (Voluntary) | | title below) |
| | | | below) |
| 7600 Augusta Street | | September 2000 | |
|--------------------------------------------| |--------------------|--------------------------------------|
| (Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing |
| | | Date of Original| (Check Applicable Line) |
| | | (Month/Year) | [X] Form Filed by One |
| River Forest IL 60305 | | | Reporting Person |
|--------------------------------------------|----------------------------------------------| [ ] Form Filed by More Than |
| (City) (State) (Zip) | | One Reporting Person |
| | | |
|----------------------------------------------------------------------------------------------------------------------------------|
| TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED |
|----------------------------------------------------------------------------------------------------------------------------------|
|1. Title of Security |2. Transaction |3. Transac- |4. Securities Acquired (A) | 5. Amount of Se- |6. Owner- |7. Nature |
| (Instr. 3) | Date | tion Code | or Disposed of (D) | curities Benefi-| ship | of In- |
| | (Month/Day/ | (Instr. 8)| | cially Owned at | Form: | direct |
| | Year) | | | End of Month | Direct | Benefi- |
| | | | (Instr. 3, 4 and 5) | (Instr. 3 and 4)| (D) or | cial |
| | |-------------|----------------------------| | Indirect | Owner- |
| | | Code | V | Amount | (A) or| Price | | (I) | ship |
| | | | | | (D) | | | (Instr. 4)| (Instr. |
| | | | | | | | | | 4)- |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| $.01 par value | | | | | | | | | |
| Common Stock | 9/14/00 | S | | 2,000 | D |$5.0625| | | |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | 9/19/00 | S | | 10,000 | D | $5.00 | | | |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | 9/20/00 | S | | 20,000 | D | $5.00 | | | |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | 9/21/00 | S | | 6,000 | D | $5.00 | 281,480 | D | |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | | | | | | | 2,300 | I | Held by |
| | | | | | | | | |Corporation|
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | | | | | | | | | |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | | | | | | | | | |
|---------------------|------------------|-------|-----|------------|-------|-------|--------------------|-------------|-----------|
| | | | | | | | | | |
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Reminder: Reprot 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)
<S> <C> <C> <C> <C> <C> <C> <C>
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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 | Expiration | Securities | Deriv- |
| | Price of | (Month/| (Instr.| Acquired (A) | Date | (Instr. 3 and 4) | ative |
| | Deriv- | Day/ | 8) | or Disposed | (Month/Day/ | | Secur- |
| | ative | Year) | | or (D) | Year) | | ity |
| | Security | | | (Instr. 3, | | | (Instr. 5)|
| | | | | 4, and 5) |-----------------|--------------------| |
| | | | | | Date |Expira- | | Amount or| |
| | | |----------|----------------| Exer- |tion | Title | Number of| |
| | | | Code| V | (A) | (D) | cisable|Date | | Shares | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
|Right to Buy | $5.8125 | | | | | | | 7/1/09 | Common | | |
| | | | | | | | | | Stock | 2,500 | N/A |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | $3.5625 | | | | | | | 7/1/08 | Common | 2,500 | N/A |
| | | | | | | | | | Stock | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | $2.4375 | | | | | | | 7/9/07 | Common | 5,000 | N/A |
| | | | | | | | | | Stock | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | $4.03125 | | | | | | | 2/28/05| Common | 2,500 | N/A |
| | | | | | | | | | Stock | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | | | | | | | | | | | |
|-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------|
| | | | | | | | | | | | |
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<CAPTION>
<S> <C> <C>
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| 9. Number of | 10. Ownership | 11. Nature of |
| Derivative | Form of | Indirect |
| Securities | Derivative | Beneficial |
| Beneficially | Security: | Ownership |
| Owned at End | Direct (D) | (Instr. 4) |
| of Month | or Indirect (I) | |
| (Instr. 4) | (Instr. 4) | |
| | | |
|---------------------|-------------------------------|----------------------|
|2,500 | D | |
|---------------------|-------------------------------|----------------------|
|2,500 | D | |
|---------------------|-------------------------------|----------------------|
|5,000 | D | |
|---------------------|-------------------------------|----------------------|
|2,500 | D | |
|---------------------|-------------------------------|----------------------|
| | | |
|---------------------|-------------------------------|----------------------|
| | | |
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Explanation of Responses:
Gerard M. Jacobs
** Intentional misstatements or omissions of facts constitute Federal Criminal By: /S/ Helen T. Ferraro 10-10-2000
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------------------- ----------
Helen T. Ferraro Date
Pursuant to a Power of Attorney
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (7-96)
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