-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Cs67SECXP9VH7MXdiYeXiY9xhD/SUsX20Tj3UqEl9jzo2O28AHh7rq+ZA8pfQNPx t2lVMigW/ZvrvRA08vR/7w== 0000928385-99-001482.txt : 19990430 0000928385-99-001482.hdr.sgml : 19990430 ACCESSION NUMBER: 0000928385-99-001482 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990429 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNBURST HOSPITALITY CORP CENTRAL INDEX KEY: 0001018146 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 521985619 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-47377 FILM NUMBER: 99604979 BUSINESS ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 BUSINESS PHONE: 3019795000 MAIL ADDRESS: STREET 1: 10770 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS INTERNATIONAL INC DATE OF NAME CHANGE: 19970108 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS HOLDINGS INC DATE OF NAME CHANGE: 19960705 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAINUM STEWART JR CENTRAL INDEX KEY: 0001034261 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 213445874 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 11555 DARNESTOWN ROAD CITY: GAITHERSBURG STATE: MD ZIP: 20878 BUSINESS PHONE: 3019794400 MAIL ADDRESS: STREET 1: 11555 DARNESTOWN ROAD CITY: GAITHERSBURG STATE: MD ZIP: 20878 SC 13D/A 1 SCHEDULE 13D/AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* SUNBURST HOSPITALITY CORPORATION _____________________________________________________________ (Name of Issuer) Common Stock _____________________________________________________________ (Title of Class of Securities) 866948-10-2 _______________________________ (CUSIP Number) Patricia Bowditch (301) 495-4400 8737 Colesville Road, Suite 800, Silver Spring, MD 20910 _____________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 19, 1999 _____________________________________________________________ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b) (3) or (4), check the following box ( ). *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 866948-10-2 13D Page 2 of 4 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Stewart Bainum, Jr. S.S.#: ###-##-#### 2 Check the Appropriate Box if a Member of a Group* (a) ( ) (b) ( ) 3 SEC Use Only 4 Source of Funds 00 5 Check Box if Disclosure of Legal Proceeding is Required Pursuant to Items 2(C) or 2(E) ( ) 6 Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person with:
7 Sole Voting Power 934,675 8 Shared Voting Power 2,502,956 9 Sole Dispositive Power 934,675 10 Shared Dispositive Power 2,502,956
11 Aggregate Amount Beneficially Owned by Each Reporting Person 3,437,631 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) 17.9% 14 Type of Reporting Person IN CUSIP No. 866948-10-2 13D Page 3 of 4 Item 1. Security and Issuer (a) Name of Issuer: Sunburst Hospitality Corporation (b) Address of Issuer's Principal Executive Offices: 10770 Columbia Pike Silver Spring, MD 20901 (c) Title and Class of Securities: Common Stock Item 2. Identity and Background (a) Name: Stewart Bainum, Jr. (b) Business Address: 8737 Colesville Road, Suite 800 Silver Spring, MD 20910 (c) Present Principal Employment: Chairman, Choice Hotels International 8737 Colesville Road, Suite 800 Silver Spring, Maryland 20901 (d) Record of Convictions: During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors.) (e) Record of Civil Proceedings: During the last five years, the Reporting Person was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating such activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Citizenship: Reporting Person is a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration The Reporting Person utilized no funds in the acquisition of the securities of the issuer triggering the filing of this 13D. Item 4. Purpose of Transaction 664,153 shares were acquired by the Reporting Person in transactions which involve the liquidation of two family owned investment partnerships and the resulting distributions to the partners of the securities of the issuer owned by the partnerships. The Reporting Person continues to hold the shares for investment purposes. In addition, in Mr. Bainum, Jr's capacity as co-trustee of his sister, Roberta Bainum's, Irrevocable Trust, he has shared voting authority over an additional 635,457 shares which were distributed from the same two partnerships. The Reporting Person has no present plans or intentions that would result in or relate to any of the transactions described in Subparagraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer (a) Amount and percentage beneficially owned: Reporting Person: 3,437,631 shares, including 847,204 shares held directly by the Stewart Bainum, Jr. Declaration of Trust ("SBJ Trust"), of which Mr. Bainum, Jr. is the sole trustee and beneficiary; 1,189,290 shares held directly by Realty Investment Company, a real estate management and investment company in which the SBJ Trust is a stockholder(beneficial ownership of such shares is disclaimed); 85,000 shares held by Vintage Limited Partnership, a family investment partnership of which Mr. Bainum, Jr. is a stockholder of the Corporate General Partner and has shared voting authority; 3,553 shares held by the Foundation for Maryland's Future of which Mr. Bainum, Jr. is the sole Director; and 593,209 shares owned by Mid Pines Associates, Limited Partnership in which the SBJ Trust is the Managing General Partner and has shared voting authority. Also includes 635,457 shares held by the Roberta Bainum Irrevocable Trust, in which Mr. Bainum, Jr. is a co-trustee and has shared voting authority. CUSIP No. 866948-10-2 13D Page 4 of 4 Also includes 49 shares which Mr. Bainum, Jr. has the right to receive upon termination of his employment with the Company pursuant to the terms of the Non-Qualified Retirement Savings and Investment Plan. Also includes 83,889 shares which Mr. Bainum, Jr. has the right to acquire pursuant to stock options which are presently exercisable or which become exercisable within 60 days. (b) Number of shares as to which such person has: (i) Sole Voting Power 934,675 (ii) Shared Voting Power 2,502,956 (iii) Sole Dispositive Power 934,675 (iv) Shared Dispositive Power 2,502,956
(c) A schedule of transactions effected in the last sixty days is as follows: Not applicable. (d) Ownership of more than five percent on behalf of Another Person: To the extent that shares of the issuer identified in Item 5(a) are held by corporations or partnerships, other shareholders and partners, respectively, have the right to receive dividends from, or the proceeds from the sale of the shares to the extent of their proportionate interests in such entities. To the best of the Reporting Person's knowledge, other than Stewart and Jane Bainum, and their four adult children, Stewart Bainum, Jr., Bruce Bainum, Roberta Bainum and Barbara Bainum, no other person has such interest relating to more than 5% of the outstanding class of securities. (e) Ownership of Less than Five Percent: Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Not applicable. Item 7. Material to be Filed as Exhibits None Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: April 28, 1999 /s/ Stewart Bainum, Jr. ________________________________________ Stewart Bainum, Jr.
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