-----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, M355NObx7fhmUq0DWBnTvKzkfqJShWbSrtNdF6dxWmCpoP14GbMhJZusXtterefl H8EtbZZMsAkHDq3cqIQvbA== 0001003559-01-500005.txt : 20010717 0001003559-01-500005.hdr.sgml : 20010717 ACCESSION NUMBER: 0001003559-01-500005 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010716 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN MORTGAGE INVESTORS TRUST CENTRAL INDEX KEY: 0000878774 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 136972380 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-58699 FILM NUMBER: 1681754 BUSINESS ADDRESS: STREET 1: 625 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124215333 MAIL ADDRESS: STREET 1: 625 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FRIED J MICHAEL CENTRAL INDEX KEY: 0001048945 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O POENIX REALTY GROUP STREET 2: 535 MADISON AVENUE 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122071999 MAIL ADDRESS: STREET 1: C/O PHOENIX REALTY GROUP STREET 2: 535 MADISON AVENUE 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 sc13da_0701.txt AMENDED SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 2) American Mortgage Acceptance Company (formerly American Mortgage Investors Trust) - -------------------------------------------------------------------------------- (Name of Issuer) Shares of beneficial interest, $.10 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 027568-10-4 - -------------------------------------------------------------------------------- (CUSIP Number) J. Michael Fried, c/o Phoenix Realty Group LLC 535 Madison Avenue, 26th Floor New York, New York 10022, (212) 207-1999 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 6, 2001 - -------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. (Continued on following pages) (Page 1 of 6 Pages) CUSIP No. 13D Page 1 of 6 Pages 027568-10-4 ________________________________________________________________________________ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) J. Michael Fried ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] ________________________________________________________________________________ 3 SEC USE ONLY ________________________________________________________________________________ 4 SOURCE OF FUNDS* PF/OO ________________________________________________________________________________ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States ________________________________________________________________________________ 7 SOLE VOTING POWER NUMBER OF 74,400 SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY _________________________________________________________________ EACH 9 SOLE DISPOSITIVE POWER REPORTING 74,400 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 137,500* ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.58% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON* IN ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------ * See Item 5 for relevant disclaimer. CUSIP No. 13D/A Page 2 of 6 Pages 027568-10-4 This Amendment No. 2 to the Statement on Schedule 13D (as defined below) amends and supplements the Statement on Schedule 13D relating to the event date of March 6, 2000 (the "Schedule 13D") of American Mortgage Acceptance Company filed by J. Michael Fried. ________________________________________________________________________________ Item 1. Security and Issuer. The text of Item 1 to the Schedule 13D is not amended. ________________________________________________________________________________ Item 2. Identity and Background. The text of Item 2 to the Schedule 13D is not amended. ________________________________________________________________________________ Item 3. Source and Amount of Funds or Other Consideration. The text of Item 2 to the Schedule 13D is not amended. ________________________________________________________________________________ Item 4. Purpose of Transaction. The text of Item 2 to the Schedule 13D is not amended. ________________________________________________________________________________ Item 5. Interest in Securities of the Issuer. The text of Item 5 to the Schedule 13D is amended and restated in its entirety as follows: (a) The Reporting Person owns beneficially and of record 137,500 shares of beneficial interest of the Issuer (the "Voting Shares"), which represent approximately 3.58% of the issued and outstanding shares of beneficial interest of the Issuer. All of the Voting Shares are held by the Reporting Person in a joint account with Janet C. Fried, the wife of the Reporting Person. The Reporting Person has sole voting and dispositive power with respect to all of the Voting Shares. In addition to the Voting Shares, the Reporting Person is the beneficial owner of a 19.2% economic interest in Related AMI Associates, Inc. (the "Advisor"), the advisor to the Issuer, and the Advisor is the record and beneficial owner of 48,308 shares of beneficial interest of the Issuer (the "Advisor Shares"). Pursuant to an agreement between Related Capital Company ("Related"), an entity controlled by the Reporting Person and the Reporting Person, Related has sole control of the voting and dispositive rights with respect to the Advisor Shares. The Reporting Person is not an officer or director of Related and does not by contract or otherwise have any control over the business or operations of Related. Therefore the Reporting Person disclaims any voting or dispositive power with respect to the Advisor Shares, although the Reporting Person may be deemed to be the beneficial owner of 9,275 of the Advisor Shares, representing 0.24% of the outstanding shares of beneficial interest of the Issuer. Therefore the Reporting Person may be deemed to be the beneficial owner of 146,775 shares of beneficial interest of the Issuer, representing approximately 3.82% of the outstanding shares of beneficial interest of the Issuer. (b) The Reporting Person has sole voting and dispositive power with respect to 137,500 shares of beneficial interest of the Issuer. Based on the retention by an unaffiliated third party of sole voting and dispositive power with respect to the Advisor Shares, the Reporting Person disclaims beneficial ownership of the 48,308 Advisor Shares. (c) In the past sixty days, the Reporting Person has sold the following number of shares of beneficial interest of the Issuer in open market transactions through an American Stock Exchange specialist broker, on the dates and for the prices indicated below:
Date Action Security Price ($) Shares ---- ------ -------- --------- ------ 5/15/01 Sell American Mortgage Acceptance Co. 10.88 (1,500) 5/16/01 Sell American Mortgage Acceptance Co. 11.00 (2,000) 6/1/01 Sell American Mortgage Acceptance Co. 10.46 (3,600) 6/4/01 Sell American Mortgage Acceptance Co. 10.45 (1,500) 6/4/01 Sell American Mortgage Acceptance Co. 10.47 (1,500) 6/4/01 Sell American Mortgage Acceptance Co. 10.48 (1,000) 6/4/01 Sell American Mortgage Acceptance Co. 10.45 (1,000) 6/4/01 Sell American Mortgage Acceptance Co. 10.50 (1,500) 6/5/01 Sell American Mortgage Acceptance Co. 10.55 (1,500) 6/6/01 Sell American Mortgage Acceptance Co. 10.60 (2,000) 6/6/01 Sell American Mortgage Acceptance Co. 10.70 (3,000) 6/6/01 Sell American Mortgage Acceptance Co. 10.50 (1,800) 6/6/01 Sell American Mortgage Acceptance Co. 10.55 (1,500) 6/6/01 Sell American Mortgage Acceptance Co. 10.80 (1,000) 6/6/01 Sell American Mortgage Acceptance Co. 10.72 (1,000) 6/7/01 Sell American Mortgage Acceptance Co. 10.70 (2,000) 6/7/01 Sell American Mortgage Acceptance Co. 10.75 (1,500) 6/7/01 Sell American Mortgage Acceptance Co. 10.80 (1,500) 6/7/01 Sell American Mortgage Acceptance Co. 10.75 (2,500) 6/7/01 Sell American Mortgage Acceptance Co. 10.70 (1,000) 6/8/01 Sell American Mortgage Acceptance Co. 10.70 (2,000) 6/11/01 Sell American Mortgage Acceptance Co. 10.85 (2,000) 6/12/01 Sell American Mortgage Acceptance Co. 10.85 (6,700) 6/12/01 Sell American Mortgage Acceptance Co. 10.90 (1,900) 6/12/01 Sell American Mortgage Acceptance Co. 10.87 (2,500) 6/13/01 Sell American Mortgage Acceptance Co. 10.88 (900) 6/13/01 Sell American Mortgage Acceptance Co. 10.88 (1,100) 6/13/01 Sell American Mortgage Acceptance Co. 11.05 (2,000) 6/13/01 Sell American Mortgage Acceptance Co. 10.90 (100) 6/13/01 Sell American Mortgage Acceptance Co. 10.93 (1,800) 6/13/01 Sell American Mortgage Acceptance Co. 10.95 (2,000) 6/14/01 Sell American Mortgage Acceptance Co. 11.10 (1,800) 6/19/01 Sell American Mortgage Acceptance Co. 11.25 (2,000) 6/21/01 Sell American Mortgage Acceptance Co. 11.25 (1,500) 6/21/01 Sell American Mortgage Acceptance Co. 11.28 (600) 6/22/01 Sell American Mortgage Acceptance Co. 11.33 (1,500) 6/22/01 Sell American Mortgage Acceptance Co. 11.34 (600)
(d) None. (e) If Reporting Person were deemed to be the beneficial owner of the Advisor Shares (as defined in Item 5(a) above), on or about June 6, 2001 Reporting Person ceased to be the beneficial owner of 5% or more of the shares of beneficial interest of the Issuer. If Reporting Person were not deemed to be beneficial owner of the Advisor Shares, Reporting Person ceased being beneficial owner of 5% or more of the shares of beneficial interest of the Issuer on or about June 4, 2001. ________________________________________________________________________________ Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The text of Item 6 to the Schedule 13D is not amended. ________________________________________________________________________________ Item 7. Material to be Filed as Exhibits. The text of Item 7 to the Schedule 13D is not amended. ________________________________________________________________________________ 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. June 6, 2001 ---------------------------------------- (Date) /s/ J. Michael Fried ---------------------------------------- (Signature) J. Michael Fried / President ---------------------------------------- (Name/Title) -----END PRIVACY-ENHANCED MESSAGE-----