0001012975-01-500115.txt : 20011128
0001012975-01-500115.hdr.sgml : 20011128
ACCESSION NUMBER: 0001012975-01-500115
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20011107
FILED AS OF DATE: 20011107
COMPANY DATA:
COMPANY CONFORMED NAME: MENDELSOHN LAWRENCE
CENTRAL INDEX KEY: 0001033026
STANDARD INDUSTRIAL CLASSIFICATION: []
DIRECTOR
FILING VALUES:
FORM TYPE: 4
BUSINESS ADDRESS:
STREET 1: C/O WILSHIRE FINANCIAL SERVICES GROUP IN
STREET 2: 1776 SW MADISON STREET
CITY: PORTLAND
STATE: OR
ZIP: 97205
BUSINESS PHONE: 5032235600
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: FOG CUTTER CAPITAL GROUP INC
CENTRAL INDEX KEY: 0001048566
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 522081138
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23911
FILM NUMBER: 1777383
BUSINESS ADDRESS:
STREET 1: 1631 SW COLUMBIA STREET
CITY: PORTLAND
STATE: OR
ZIP: 97201
BUSINESS PHONE: 5037216500
MAIL ADDRESS:
STREET 1: 1310 S W 17TH ST
CITY: PORTLAND
STATE: OR
ZIP: 97201
FORMER COMPANY:
FORMER CONFORMED NAME: WILSHIRE REAL ESTATE INVESTMENT TRUST INC
DATE OF NAME CHANGE: 19971027
4
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form-4.txt
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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 Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[_] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b). (Print or Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
Mendelsohn, Lawrence A.
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(Last) (First) (Middle)
1631 SW Columbia Street
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(Street)
Portland Oregon 97201
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Fog Cutter Capital Group Inc.
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
October 2001
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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)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
President
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[_] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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4. 6.
Securities Acquired (A) or 5. Owner-
3. Disposed of (D) Amount of ship
Transaction (Instr. 3, 4 and 5) Securities Form: 7.
2. Code ------------------------------- Beneficially Direct Nature of
1. Transaction (Instr. 8) (A) Owned at End (D) or Indirect
Title of Security Date ------------ or or Month Indirect Beneficial
(Instr. 3) (Month/ (Instr. 3 (I) Ownership
Day/Year) Code V Amount (D) Price and 4) (Instr.4) (Instr. 4)
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Common Stock 10/16/01 J 2,118,035 A See (1) 525,260 See (2)
Below Below
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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
5(b)(v).
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number
(Over)
SEC 1474 (3-99)
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Stock Options $4.53 9/30/99 A A (3) Common 350,000 $4.53 350,000 D
Stock
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Explanation of Responses:
(1) On October 16, 2001, the Reporting Person entered into a Stock Option and
Voting Agreement (the "Voting Agreement") with Andrew A. Wiederhorn,
Tiffany Wiederhorn, Joyce Mendelsohn, MFLP, L.P. ("MFLP"), AIM Capital, LLC
("AIM"), RPM Capital, LLC ("RPM") and S&S Investors, LLC. As a result of
the Voting Agreement, the Reporting Person may be deemed to be the
beneficial owner of 2,118,035 shares of Common Stock held by Mr. Wiederhorn
and his affiliates or to which Mr. Wiederhorn and his affiliates may be
deemed to beneficially own as a result of agreements between Mr. Wiederhorn
and his affiliates with third parties. The Reporting Person disclaims
beneficial ownership of the 2,118,035 shares of Common Stock held by Mr.
Wiederhorn and his affiliates or to which Mr. Wiederhorn and his affiliates
may be deemed to beneficially own as a result of agreements between Mr.
Wiederhorn and his affiliates with third parties.
(2) Of the 525,260 shares of Common Stock reported in Item 5, 25,000 shares of
Common Stock are held by the Reporting Person, 17,158 shares of Common
Stock are held by Joyce Mendelsohn, 80,000 shares of Common Stock are held
by MFLP, 150,801 shares of Common Stock are held by AIM and 252,301 shares
of Common Stock are held by RPM. The Reporting Person disclaims beneficial
ownership of the 17,158 shares of Common Stock held by Joyce Mendelsohn,
the 150,801 shares of Common Stock held by AIM and the 252,301 shares of
Common Stock held by RPM. The Reporting Person also disclaims beneficial
ownership of the 80,000 shares of Common Stock held by MFLP, except to the
extent of his pecuniary interest therein.
(3) Vest 1/4 per year.
/s/ Lawrence A. Mendelsohn 11/6/01
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB Number
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