<PAGE>1
FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
|_|Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
Instruction 1(b).
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
(Print or Type Responses)
<TABLE>
<S> <C> <C>
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s)
to Issuer
(Check all applicable)
Schofield Chris DIGITAL POWER CORPORATION (AMEX:DPW) X Director 10% Owner
(Last) (First) (Middle) ___ Director Other
__ Officer (specify below)
(give title below)
14 Sinnels Field Shipton-under-Wychwood 3. Statement for Month/Y4.r If Amendment, Date of
(Street) 9/98 Original (Month/Year)
--------
6. Individual or Joint/Group Filing (Check Applicable Line)
Chipping NortonOxfordshire OX 7 6EJ ENGLAND X Form filed by one Reporting Person
-----
Form filed by More than One
Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip)
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
TABLE I - NON-DERIVATIVE SECURITIES
ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Transaction 3. Transaction 4. Securities 5. Amount of 6. Ownership Name of Indirect
Date Code (Instr.8.) Acquired (A) Securities Form: Direct Beneficial Ownership
or Disposed Beneficially (D) or Indirect (Instr. 4)
of (D) Owned at End of (I) (Instr. 4)
Month (Inst. 3
and 4)
- -------------------------------------------------------------------------------------------------------------------------------
Code V Amount(A)or(D)Price
- -------------------------------------------------------------------------------------------------------------------------------
COMMON STOCK 9/4/98 P 4,000 A $1.80
COMMON STOCK 9/17/98 P 5,000 A $2.25 9,000 D
</TABLE>
==============================================================================
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. *If the form is filed by more than one
reporting person, see Instruction 4(b)(v).
<PAGE>2
FORM 4 (continued) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible
securities)
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1.Title 2.Conversion 3.Transaction 4.Transaction 5.Number of 6.Date 7.Title and 8.Price 9.Number 10.Ownership Nature
of or Exercise Date (Mo./Day/ Code Derivitive Exercisable Amount of of of Form of of
of Derivitive Year) (Instr. 8) Securities and Underlying Derivitive Derivitive Derivitive Indirect
Security Aquired (A) Expiration Securities Security Securities Security: Benefici
or Disposed Date (Mo./ (Instr. 3 (Instr. 5) Beneficially Direct(D) al Own
of (D)(Instr. Day/yr.) and 4) Owned at End or ship.
3, 4, and 5) of Month Indirect (Instr.
(Instr. 4) (I) 4)
(Instr.4)
- ----------------------------------------------------------------------------------------------------------------------------------
Date Expir- Number of
Code V (A) (D) Exer- ation Title Shares
siable Date
- -----------------------------------------------------------------------------------------------------------------------------------
==================================================================================================================================
</TABLE>
Explanation of Responses:
**Intentional misstatements or omissions of
facts constitute Federal Criminal
Violation /S/CHRIS SCHOFIELD
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------
Chris Schofield
**Signature of 10/12/98
Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
