FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. SEE Instruction 1(b).
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
OMB APPROVAL
OMB NUMBER:
EXPIRES:
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE:
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1. Name and Address of Reporting Person
DOWNING ROBERT J.
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(Last) (First) (Middle)
11780 U.S. HIGHWAY ONE, SUITE 400
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(Street)
NORTH PALM BEACH FL 33408
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
SMART CHOICE AUTOMOTIVE GROUP, INC.
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3. IRS or Social Security Number or Reporting Person (Voluntary)
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4. Statement for Month/Year OCTOBER 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[ ] Officer (give title below) [X] Other (specify below)
SENIOR VICE PRESIDENT, CHIEF LEGAL OFFICER
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<PAGE>
DIRECTOR & OFFICER MONTHLY ACTIVITY REPORT
<TABLE>
<CAPTION>
A.
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SALES OR OTHER
DISPOSITIONS
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<S> <C> <C> <C> <C>
Number of Shares Sale (1) Other Disposition (Describe) Date of Transaction Price
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</TABLE>
<TABLE>
<CAPTION>
B.
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ACQUISITIONS
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<S> <C> <C> <C> <C>
Number of Shares Purchase (1) Type Acquisition (Describe) Date of Transaction Price
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</TABLE>
<TABLE>
<CAPTION>
C.
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OPTIONS RECEIVED
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<S> <C> <C>
Number of Shares Date Granted Exercise Price
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25,000 9/29/99 $0.58
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</TABLE>
<TABLE>
<CAPTION>
D.
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OPTIONS RECEIVED
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<S> <C> <C>
Number of Shares Date Granted Exercise Price
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</TABLE>
E.
Number of shares owned directly at 9/30/99 -0-
Number of shares owned indirectly at 9/30/99 -0-
Number of options owned directly at 9/30/99 85,000
Number of options owned indirectly at 9/30/99 -0-
Date: 10/14/1999 /s/ ROBERT DOWNING
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Signature
Print Name: Robert Downing
