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- ----------------- U.S. SECURITIES AND EXCHANGE COMMISSION ----------------------------
| F O R M 4 | Washington, D.C. 20549 | OMB APPROVAL |
- ----------------- |--------------------------|
[ ] Check this box if no STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |OMB Number 3235-0287|
longer subject to |Expires: December 31, 2001|
Section 16. Form 4 or |Estimated average burden |
Form 5 obligations may Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, |hours per response.....0.5|
continue. See Section 17(a) of the Public Utility Holding Company Act of 1935 or ----------------------------
Instruction 1(b) Section 30(f) of the Investment Company Act 1940
(Print or Type response)
- ------------------------------------------------------------------------------------------------------------------------------------
|1.Name and Address of Reporting Person* |2.Issuer Name and Ticker or Trading Symbol |6.Relationship of Reporting Person to |
| | | Issuer (Check all Applicable) |
| PACIFIC USA HOLDINGS CORP.(1) | Monaco Finance, Inc. (MONFA) | |
| | | Director x 10% Owner |
|----------------------------------------|------------------------------------------------|--- --- |
| (Last) (First) (MI)|3.IRS or Soc. Sec. No. |4.Statement for Month/ | Officer Other |
| | of Reporting Person | Year |---(give title below) ---(Specify below)|
| 2740 North Dallas Parkway, Suite 200 | (Voluntary) | | |
| | | December 1999 |----------------------------------------|
|----------------------------------------| 75-2255876 |------------------------|7. Individual or Joint/Group Filing |
| (Street) | |5.If Amendment, Date of | (Check Applicable Line) |
| | | Original (Month/Year) | |
| Plano, Texas 75093 | | | Form filed by One Reporting Person |
| | | |--- |
| | | | X Form filed by More than One |
| | | |--- Reporting Person |
|----------------------------------------------------------------------------------------------------------------------------------|
| (City) (State) (Zip) | |
| | TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|----------------------------------------------------------------------------------------------------------------------------------|
|1.Title of Security |2.Transac- |3.Transac-|4.Security Acquired (A) or |5.Amount of |6.Owner-|7.Nature of |
| (Instr. 3) | tion Date |tion Code | Disposed of (D) | Securities |Ship Fo-| Indirect |
| |(Month/Day/ |(Instr.8) | (Instr. 3, 4 and 5) | Beneficially |rm: Dir-| Beneficial |
| | Year) |----------|-----------------------------| Owned at End of|ect (D) | Ownership |
| | | | | | | | Month (Instr. |or Indi-| (Instr. 4) |
| | | | | | | | 3 and 4) |rect (I)| |
| | | | | |(A) | | |(Instr. | |
| | |Code| V | Amount |(D) | Price | |4) | |
|-------------------------------|------------|----|-----|--------------|----|---------|-----------------|--------|-----------------|
|<S> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |
|-------------------------------|------------|----|-----|--------------|----|---------|-----------------|--------|-----------------|
| Class A Common Stock | 12/13/1999 | J | | 83,000(2) | A | $20(2) | 1,484,863 | I | (3) |
|-------------------------------|------------|----|-----|--------------|----|---------|-----------------|--------|-----------------|
| | | | | | | | | | |
|-------------------------------|------------|----|-----|--------------|----|---------|-----------------|--------|-----------------|
| | | | | | | | | | |
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Reminder: Report on a separate line for each class securities owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (3-99)
**The reporting person disclaims beneficial ownership of the reported securities.
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FORM 4 (continued) TABLE II - Derivative Securities Acquired, Disposed of, Beneficially Owned
(e.g., puts, calls, warrants, options, convertible security)
- ------------------------------------------------------------------------------------------------------------------------------------
|1.Title of|2.Conver-|3. |4.Tran- |5.Number of |6.Date |7.Title and Amount |8.Price of|9.Number |10. |11.Nature |
|Derivative|sion or |Tran-| saction| Derivative |Exercisable| of Underlying |Derivative| of |Ownersh-| of |
|Security |Exercise |sact-| Code | Securities |and | Securities |Security |Derivative|ip Form |Indirect |
|(Instr. 3)|Price of |ion |(Instr.8)| Acquired (A) or |Expiration | (Instr. 3 and 4) |(Instr. 5)|Securities|of Deri-|Beneficial|
| |Deriva- |Date(| | Disposed of (D) |Date | | |Benefi- |vative |Ownership |
| |tive |Month| | (Instr. 3, 4 an |(Month/Day/| | |cially |Security|(Instr. 4)|
| |Security |/Day/| | and 5) | Year) | | |Owned at |: Direct| |
| | |Year)| | |-----------|-------------------| |End of |(D) or | |
| | | | | | | | |Amount or| |Month |Indirect| |
| | | |---------|-------------------|Date |Exp. | Title |Number of| |(Instr. 4)|(I) (In-| |
| | | |Code| V | (A) | (D) |Exbl.|Date | |Shares | | |str. 4) | |
|----------|---------|-----|----|----|---------|---------|-----|-----|---------|---------|----------|----------|--------|----------|
|<S> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |<C> |
|----------|---------|-----|----|----|---------|---------|-----|-----|---------|---------|----------|----------|--------|----------|
| | | / | | | | | | | | | | | | |
| | |/ | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Designated Filer. See attached Supplement A for group beneficial owners.
(2) The number of shares owned and the price per share are presented in this Form 4 after taking into account
a 1-for-5 reverse stock split effected on November 23, 1998.
(3) 1,322,632 shares are owned directly by Consumer Finance Holdings, Inc., which is a wholly owned subsidiary
of Pacific USA Holdings Corp., which is a wholly owned subsidiary of Pacific Electric Wire & Cable Co.,
Ltd. 162,231 shares are owned directly by First CF Corp., which is a wholly owned subsidiary of Pacific
Southwest Bank, which is a wholly owned subsidiary of Pacific Financial Group, Inc., which is a wholly
owned subsidiary of Pacific USA Holdings Corp., which is a wholly owned subsidiary of Pacific Electric
Wire & Cable Co., Ltd.
J See attached Supplement B for explanation of transaction.
* See attached signature page for remainder of group beneficial owners. PACIFIC USA HOLDINGS CORP.
** Intentional misstatements or omissions of facts constitute /s/ Bill C. Bradley 01/04/2000
Federal Criminal Violations. See 18 U.S.C. 1001 and ----------------------------------------- ----------
15 U.S.C. 78ff(a). Bill C. Bradley, Chief Executive Officer*
***Signature of Reporting Person Date
Page 2 of 5
SEC 1474 (3-99)
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Supplement A to Form 4
----------------------
Form 4 Statement, December 1999
Name of Reporting Person Name of Issuer
- --------------------------- ----------------
Pacific USA Holdings Corp. Monaco Finance, Inc. (MONFA)
PACIFIC ELECTRIC WIRE & CABLE CO., LTD.
4th Floor, 285 Chung Hsiao East Road, Section 4
Taipei, Taiwan, Republic of China
Tax ID No.: N/A - Foreign Corporation
PACIFIC USA HOLDINGS CORP.
2740 North Dallas Parkway, Suite 200
Plano, Texas 75093
Tax ID No.: 75-2255876
CONSUMER FINANCE HOLDINGS, INC.
2740 North Dallas Parkway, Suite 200
Plano, Texas 75093
Tax ID No.: 75-2704763
PACIFIC SOUTHWEST BANK
800 N. Shoreline Blvd.
Suite 200 South Tower
Corpus Christi, Texas 78401
Tax ID No.: 74-2520389
PACIFIC FINANCIAL GROUP, INC.
c/o The Corporation Trust Company
Corporation Trust Center
1209 Orange Street
Wilmington, Delaware 19801
Tax ID No.: 51-0350769
FIRST CF CORP.
4144 North Central Expressway, Suite 106
Dallas, Texas 75204
Tax ID No.: 75-2672933
Page 3 of 5
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Supplement B to Form 4
----------------------
Form 4 Statement, December 1999
Name of Reporting Person Name of Issuer
- --------------------------- ----------------
Pacific USA Holdings Corp. Monaco Finance, Inc. (MONFA)
By letters dated December 13, 1999, Morris Ginsburg ("Ginsburg") exercised
his option to "put" to Consumer Finance Holdings Corp. ("Consumer") 58,000
shares of Class B Common Stock of Monaco for the consideration of $1,160,000,
and the Sandler Family Partners, Ltd. ("Sandler") exercised its option to "put"
to Consumer 25,000 shares of Class B Common Stock of Monaco for the
consideration of $500,000, for an aggregate of 83,000 shares of Class B Common
Stock of Monaco in consideration of $1,660,000, pursuant to the terms of the
Option Agreement effective as of December 4, 1997, made and entered into by and
among Consumer, Ginsburg and Sandler ("Option Agreement"). The source of the
funds for this transaction, which were paid on December 16, 1999, was working
capital of Consumer which had previously been deposited into an escrow account
established pursuant to the Option Agreement.
Upon the transfer of the Class B Common Stock of Monaco from Ginsburg and
Sandler to Consumer pursuant to the Option Agreement, the shares automatically
convert into an equal number of shares of Class A Common Stock of Monaco.
Page 4 of 5
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ADDITIONAL SIGNATURES TO FORM 4
-------------------------------
Form 4 Statement, December 1999
Name of Reporting Person Name of Issuer
- --------------------------- ----------------
Pacific USA Holdings Corp. Monaco Finance, Inc. (MONFA)
Dated: January 4, 2000
PACIFIC ELECTRIC WIRE & CABLE CO., LTD.
By: /s/ Tung Ching-yun
--------------------
Tung Ching-yun, Vice President
CONSUMER FINANCE HOLDINGS, INC.
By: /s/ Bill C. Bradley
----------------------
Bill C. Bradley, Chief Executive Officer
PACIFIC SOUTHWEST BANK
By: /s/ Bobby Hashaway
--------------------
Bobby Hashaway, Chief Financial Officer
PACIFIC FINANCIAL GROUP, INC.
By: /s/ Sun Tao-tsun
------------------
Sun Tao-tsun, Chief Executive Officer
FIRST CF CORP.
By: /s/ Bobby Hashaway
--------------------
Bobby Hashaway, Chief Financial Officer
Page 5 of 5
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