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OMB APPROVAL
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- -------- OMB Number: 3235-0287
FORM 4 Expires: April 30, 1997
- -------- Estimated average burden
Check this block if no longer hours per response .... 0.5
subject to Section 16. ---------------------------
Form 4 or Form 5
obligations may continue.
See Instruction 1(c).
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities 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
<TABLE>
<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker 4. Statement for Month/Year 6. Relationship of Reporting
RADEMACHER HOLLIS W. or Trading Symbol Person to Issuer
- ---------------------------------------- CITYSCAPE FINANCIAL JULY 1997 (Check all applicable)
(Last) (First) (Middle) CORP. (CTYS) --------------------------------
565 TAXTER ROAD ---------------------------- 5. If Amendment, Date of X Director -- 10% Owner
- ---------------------------------------- 3. IRS or Social Security Original (Month/Year) -- Officer -- Other
(Street) Number of Reporting (give title (specify
Person (Voluntary) -------------------------------- below) below)
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ELMSFORD NEW YORK 10523 7. Individual or Joint/
- -------------------------------------- ---------------------------- Group Filing Reporting
(City) (State) (Zip) (Check Applicable
Line)
X Form filed by One
Reporting Person
--- Form filed by
More than One
Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Transaction Date 3. Transaction 4. Securities Acquired(A)
(Instr. 3) (Month/Day/Year) Code or Disposed of (D)
(Instr. 8) (Instr. 3, 4 and 5)
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Code V Amount (A) or (D) Price
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COMMON STOCK
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1. Title of Security 5. Amount of Securities 6. Ownership Form: 7. Nature of Indirect
(Instr. 3) Beneficially Owned at Direct (D) or Beneficial
End of Month Indirect (I) Ownership
(Instr. 3 and 4) (Instr. 4) (Instr. 4)
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COMMON STOCK 6,600 D
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</TABLE>
Reminder: Report on a separate line for each class
of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1474 (8/92)
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<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
5. Number of 6. Date
Derivative Exercisable and
2. Conver- Securities Expiration Date
sion, or 4. Transaction Acquired (A) or (Month/Day/Year)
Exercise Code Disposed of (D) ---------------------
Price of (Instr. 8) (Instr. 3, 4 and 5 Expira-
1. Title of Derivative Derivative 3. Transaction Date ---------------- ------------------- Date tion
Security (Instr. 3) Security (Month/Day/Year) Code V (A) (D) Exercisable Date
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NON-EMPLOYEE $15.19 7/29/97 A V 9,000 7/29/98 7/29/07
DIRECTOR STOCK
OPTION (RIGHT TO BUY)
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NON-EMPLOYEE $14.00 6/4/98 6/1/07
DIRECTOR STOCK
OPTION (RIGHT TO BUY)
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NON-EMPLOYEE $22.56 6/4/97 6/12/06
DIRECTOR STOCK
OPTION (RIGHT TO BUY)
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NON-EMPLOYEE $ 2.63 6/1/96 6/1/05
DIRECTOR STOCK
OPTION (RIGHT TO BUY)
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NON-EMPLOYEE $2.63 6/1/97 6/1/05
DIRECTOR STOCK
OPTION (RIGHT TO BUY)
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</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
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7. Title and Amount of 9. Number of 10. Ownership
Underlying Securities Derivative Form of
(Instr. 3 and 4) Securities Derivative 11. Nature of
- ----------------------------- 8. Price of Beneficially Security: Indirect
Amount or Derivative Owned at Direct (D) or Beneficial
Number Security End of Month Indirect (I) Ownership
Title of Shares (Instr. 5) (Instr. 4) (Instr. 4) (Instr. 4)
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COMMON 9,000 9,000 D
STOCK
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COMMON 6,000 6,000 D
STOCK
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COMMON 6,000 6,000 D
STOCK
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COMMON 20,000 20,000 D
STOCK
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COMMON 20,000 20,000 D
STOCK
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</TABLE>
Explanation of Responses:
**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 provided is insufficient, see Instruction 6 for procedure.
/s/ Hollis W. Rademacher 10/9/97
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**Signature of Reporting Person Date
NA972800.013/5
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SEC 1474 (8/92)