5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
1. Name and Address of Reporting Person(s)
KRAHELSKI, MIKE
27051 TOWNE CENTRE DR.
FOOTHILL RANCH, CA 92610
2. Issuer Name and Ticker or Trading Symbol
Onyx Acceptance Corporation (ONYX)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
12/02
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
SENIOR VICE PRESIDENT,
SECRETARY AND GENERAL COUNSEL
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code Amount D Price End of Year I
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Common Stock 1,750 D Direct
Common Stock 2,779 I by Managed
Account (1)
Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code A D Exercisable Expiration
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Incentive Stock Option (right $3.76 06/19/02 A 20,000 (2) 06/19/12
to buy)
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Year
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Incentive Stock Option (right 06/19/02 Common Stock 20,000 20,000 D Direct
to buy)
Explanation of Responses:
(1)
Between January 1, 2002 and December 31, 2002, the reporting person acquired 1,122 shares of Onyx Acceptance Corporation common stoc
k under the Onyx 401(k) plan. The information in this report is based on a plan statement dated December 31, 2002.
(2)
Option becomes 25% exercisable one year from the grant date and the balance exercisable thereafter in 36 equal monthly installments
upon the optionee's completion of each month of service.
SIGNATURE OF REPORTING PERSON
/S/ KRAHELSKI, MIKE
DATE 02/14/03