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OMB APPROVAL
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FORM 4 Estimated average burden
hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check this box if no
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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<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Action Performance Companies, Inc. Issuer (Check all applicable)
Wagenhals, Fred W. (ACTN-Nasdaq)
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
Number of Reporting Month/Year X Officer (give Other (Specify
4707 E. Baseline Road Person (Voluntary) September 1999 ---- title --- below)
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(Street) 5. If Amendment,
Date of Original Chairman of the Board, President,
Phoenix, Arizona 80540 (Month/Year) and Chief Executive Officer
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(City) (State) (Zip) 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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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
Common Stock 9/16/99 P 10,000 A $23.00 1,409,599 I(1) By Trust(1)
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200,000 I(2) By Partnership(2)
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100,000 I(3) By Partnership(3)
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204,001 D
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(Over)
* If the Form is filed by more than one Reporting Person see Instruction 4(b)(v).
Reminder. Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Response)
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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)
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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 Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
<S> <C> <C> <C> <C> <C> <C> <C> <C> <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)
<S> <C> <C> <C>
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Explanation of Responses:
(1) Reflects change in ownership of 1,399,599 shares previously held directly to indirectly by
Fred Wagenhals, TTEE and Lisa Wagenhals, TTEE Wagenhals Family Trust U/A/D 8/7/98 (the "Trust").
(2) Reflects change in ownership of 200,000 shares previously held directly to indirectly by Diecast
Investments Limited Partnership, of which the Trust serves as the general partner.
(3) Reflects change in ownership of 100,000 shares previously held directly to indirectly by Pebble Ridge
Investments Limited Partnership, of which the Trust serves as the general partner.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Fred W. Wagenhals 9-22-99
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Fred W. Wagenhals
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.
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