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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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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(Print or Type Responses)
<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
ARMBRISTER GREGG L. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) CITYSCAPE FINANCIAL CORP. (CTYS) (Month/Day/Year)
(Last) (First) (Middle) MAY 1, 1997 ---------------------------------
565 Taxter Road ---------------------------- 5. Relationship of Reporting 7. Individual or
- ---------------------------------------- 3. IRS or Social Security Person(s) to Issuer Joint/Group Filing
(Street) Number of Reporting (Check all applicable) (check Applicable
Person (Voluntary) ----- Director ----- 10% Owner Line)
Elmsford NY 10523 X Officer ----- Other X Form filed by
- -------------------------------------- ---------------------------- ----- (give title (specify --- One Reporting
(City) (State) (Zip) below) below) Person
Senior Vice President
--------------------------- Form filed by
--- More than One
Reporting
Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Reminder: Report 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 5(b)(v) SEC 1473 (7/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount of Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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EMPLOYEE STOCK OPTION
(RIGHT TO BUY) 5/1/97 5/1/07 COMMON STOCK 50,000 $13.25 D
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EMPLOYEE STOCK OPTION
(RIGHT TO BUY) 1/1/98 5/1/07 COMMON STOCK 50,000 $13.25 D
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EMPLOYEE STOCK OPTION
(RIGHT TO BUY) 1/1/99 5/1/07 COMMON STOCK 50,000 $13.25 D
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EMPLOYEE STOCK OPTION
(RIGHT TO BUY) 1/1/00 5/1/07 COMMON STOCK 50,000 $13.25 D
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Explanation of Responses:
/s/ Gregg L. Armbrister 5/7/97
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
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 1473 (7/96)
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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