4 1 0001.txt FORM 4 - 9-30-00 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Bainum, Stewart 10770 Columbia Pike Silver Spring, MD 20901 2. Issuer Name and Ticker or Trading Symbol Sunburst Hospitality Corporation SNB 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 9-30-00 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) ( ) Form filed by One Reporting Person (X) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |- |- |-|- |- |- |2,011,636 |I |Note 1 | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |- |- |-|- |- |- |266,237 |I |Note 2 | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |- |- |-|- |- |- |27,237 |I |Note 3 | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |- |- |-|- |- |- |33,333 |I |Note 4 | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |- |- |-|- |- |- |25,462 |I |Note 5 | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |- |- |-|- |- |- |17,567 |I |Note 6 | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |9-28-0|M |-|334 |A |$6.1680 |4,046 |D | | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |- |- |-|- |- |- |1,601 |D |Restricted Stock | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Common Stock Options |$6.1680 |9-28-|M | |334 |D |9-28-|9-28-|Common Stock|334 | |3,196 |D | | | |00 | | | | |00 |00 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note 1: Shares owned by the Stewart Bainum Declaration of Trust dated May 23, 1995 (the "SB Trust"), the sole trustee of which is Mr. Bainum. Note 2: Shares owned by the Jane L. Bainum Declaration of Trust dated May 23, 1995 (the "JLB Trust"), the sole trustee of which is Mr. Bainum's wife. Note 3: The proportionate interest of the JLB Trust in (i) shares (593,209) owned by Mid Pines Associates, L.P., in which the JLB Trust is a limited partner, and (ii) shares (1,189,290) owned by Realty Investment Company, Inc., a real estate investment and management company, in which the JLB trust is a non-controlling shareholder. Note 4: The proportionate interest of the Edelblut Partners, L.P., in which the SB Trust and the JLB Trust are the sole partners, in shares (593,209) owned by Mid Pines Associates, L.P. Note 5: The proportionate interest of the SB Trust in (i) shares (593,209) owned by Mid-Pines Associates, L.P., in which the SB Trust is a limited partner, and (ii) shares (1,189,290) owned by Realty Investment Company, Inc., in which the SB Trust is a non-controlling shareholder. Note 6: The proportionate interest of the SB and JB Trusts, in shares owned by Cambridge Investment, LLC, a family owned entity in which Mr. Bainum is the managing member. SIGNATURE OF REPORTING PERSON Stewart Bainum DATE 9/30/00