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 5. Relationship of Reporting
or Trading Symbol Person(s) to Issuer
Schofield Chris DIGITAL POWER CORPORATION (Check all applicable)
(Last) (First) (Middle) (AMEX:DPW) X Director 10% Owner
__ Officer Other
(give title below) (specify below)
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14 Sinnels Field Shipton-under-Wychwood 3. Statement for Month/Year 4. If Amendment, Date of
(Street) 10/98 Original (Month/Year)
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*
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Chipping Norton Oxfordshire OX 7 6EJ ENGLAND 6. Individual or Joint/Group Filing
(Check Applicable Line)
(City) (State) (Zip)
X Form filed by one Reporting Person
--- Form filed by More than One Reporting Person
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</TABLE>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Transaction Date 3. Transaction Code 4. Securities Acquired 5.(Amount of 6. Ownership 7. Nature of
(Instr. 3) (Mo./Day/Yr.) (Instr.8.) (A) or Disposed Securities Form: Direct Indirect
------------------- of (D) Instr. 3, Beneficially (D) or Beneficial
4 and 5 Owned at End Indirect (I) Ownership
of Month (Instr. 4) (Instr. 4)
(Instr. 3
and 4)
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Code V Amount (A) or (D) Price
------- ------ ------ --------- -----
COMMON STOCK 09/04/98 P 4,000 A $1.80
COMMON STOCK 09/17/98 P 5,000 A $2.25
COMMON STOCK 10/08/98 P 2,000 A $1.80 11,000 D
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</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. Trans- 4. Trans- 5. Number 6. Date 7. Title 8. Price 9. Number 10. Ownership 11. Nature
of of Exercise action action of Derivative Exercisable and Price of of Form of of
Derivative Price of Date Code Securities and expir- Amount of Derivative Deriv- Derivitive Indirect
Security Derivitive (Mo./Day/Yr.) (Instr.8) Acquired (A) ation Date Underlying Security ative Security; Beneficial
(Instr. 3) Security or Disposed (Mo./Day/Yr.) Securities (Instr. Securities Derivative Owner-
of (D)(Instr. (Instr. 3 5) Owned at (D) or ship
3, 4, and 5) and 4) End of Indirect(I) (Instr. 4)
Month (Instr. 4)
(Instr. 4)
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Date Expir- Amount
Exerc- ation or Number
Code V (A) (D) isable Date Title of Shares
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</TABLE>
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
April 14, 1999
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Date
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ CHRIS SCHOFIELD
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Chris Schofield
**Signature of Reporting Person
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.