FORM 4

OMB APPROVAL

OMB Number 3235-0287

Expires: Sept. 30, 1998

Estimated average burden

hours per response...............0.5

 

Check this box if no longer

subject to Section 16. Form 4

of Form 5 obligations may

continue. See Instruction 1(b).

(Print or Type Responses)

1. Name and Address of Reporting Person*

2. Issuer Name and Ticker or Trading Symbol

 

6. Relationship of Reporting Person(s) to Issuer

Scheper Charles R.

GREAT AMERICAN FINANCIAL RESOURCES, INC. (GFR)

(Check all applicable)

__ X _ Director _ _ 10% Owner

(Last) (First) (Middle)

3. IRS or Social Security

4. Statement for

__ X Officer (give

_ __ Other (specify

250 East Fifth Street

Number of Reporting

Person (Voluntary)

Month/Year

April 2, 2003

title below) below)

Chief Operating Officer

(Street)

404-76-7313

5. If Amendment,

7. Individual or Joint/Group Filing (check applicable line)

Cincinnati, Ohio 45202

Date of Original

(month/Year)

__X__ Form filed by One Reporting Person

_____ Form filed by More Than One Reporting Person

(City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned

1. Title of Security

(Instr. 3)

2. Trans-

action

Date

3. Trans-

action

Code

(Instr. 8)

4. Securities Acquired (A)

or Disposed of (D)

(Instr. 3,4 and 5)

5. Amount of

Securities

Beneficially

Owned at

6. Owner-

ship

Form:

Direct

7. Nature

of In-

Direct

Bene-

(Month/

Day/

Year)

Code

V

Amount

(A) or

(D)

Price

(End of

Month

Instr. 3 and 4)

(D) or

Indirect

(I)

(Instr. 4)

ficial

Owner-

ship

(Instr. 4)

Common Stock, $1.00 par value

3/31/03

A

3,162

A

$13.55

6,302

D

Common Stock, $1.00 par value

1,334.4782

I

BY ESORP

41,624.12

I

Held in

Defered

Compensation

Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)

SEC 1474 (7/96)

*If the form is filed by more than one reporting person, see Instruction 4(b)(v).

FORM 4 (continued)

 

 

1. Title of Derivative Security

(Instr. 3)

2. Conver-

sion or

Exercise

Price of

Deriv-

ative

3. Trans-

action

Date

4. Transac-

tion Code

(Instr. 8)

5. Number of Deriv-

ative Securities Ac-

quired (A) or Dis-

posed of (D)

(Instr. 3, 4 and 5)

6. Date Exercisable

and Expiration Date

(Month//Day/Year)

7. Title and Amount of Underlying

Securities

(Instr. 3 and 4)

8. Price

of

Deriv-

Ative

Secur-

Eriv-

Ative

Secur-

ity

9. Number

of Deriv-

ative

Secur-

ities

Bene-

10. Owner-

ship

Form

of De-

rivative

Secur

11. Nature

of In-

direct

Bene-

ficial

Owner-

Security

(Month/

Day/

Year)

Date

Expiration

Amount or

Ity (Instr.

5)

ficially

Owned

at End

of

ity

Direct

(D) or

Indi-

ship

(Instr.

4)

Code

V

(A)

(D)

Exercisable

Date

Title

Number of

Shares

Month

(Instr. 4)

rect (I)

(Instr.

4)

Explanation of Responses:

.