SC 13D/A 1 nofourhorizon.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4) Horizon Group Properties, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 44041U102 (CUSIP Number) Howard Amster, 23811 Chagrin Blvd, Suite 200 Beachwood, OH 44122-5525 (216)595-1047 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 17, 2001 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report this 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 / /. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for the other parties to whom copies are to be sent. *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 to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. This information required on 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) 1 Name of Reporting Person Howard Amster 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds PF 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting 89,839 Beneficially Owned By Each 8 Shared Voting 136,528 Reporting Person With 9 Sole Dispositive 89,839 10 Shared Dispositive 136,528 11 Aggregate Amount Beneficially Owned 248,776 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) 8.67 % 14 Type of Reporting Person IN 1 Name of Reporting Person Howard M. Amster Charitable Remainder Unitrust 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds AF 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting 0 Beneficially Owned By Each 8 Shared Voting Reporting Person With 9 Sole Dispositive 0 10 Shared Dispositive 11 Aggregate Amount Beneficially Owned 0 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) -0- % 14 Type of Reporting Person OO 1 Name of Reporting Person Howard Amster & Tamra F. Gould Charitable Remainder Unitrust 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds AF 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting 6,600 Beneficially Owned By Each 8 Shared Voting Reporting Person With 9 Sole Dispositive 6,600 10 Shared Dispositive 11 Aggregate Amount Beneficially Owned 6,600 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) 0.23 % 14 Type of Reporting Person OO 1 Name of Reporting Person Amster Limited Partnership 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds OO 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 574 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 574 11 Aggregate Amount Beneficially Owned 574 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) .02 % 14 Type of Reporting Person PN 1 Name of Reporting Person Amster Trading Company 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds WC 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting 128,270 Beneficially Owned By Each 8 Shared Voting Reporting Person With 9 Sole Dispositive 128,270 10 Shared Dispositive 11 Aggregate Amount Beneficially Owned 128,270 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) 4.469 % 14 Type of Reporting Person CO 1 Name of Reporting Person Amster Trading Company Charitable Remainder Unitrusts 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds AF 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting 0 Beneficially Owned By Each 8 Shared Voting Reporting Person With 9 Sole Dispositive 0 10 Shared Dispositive 11 Aggregate Amount Beneficially Owned 0 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) -0- % 14 Type of Reporting Person OO 1 Name of Reporting Person Tamra F. Gould 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds PF 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 28,540 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 28,540 11 Aggregate Amount Beneficially Owned 28,540 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) .99 % 14 Type of Reporting Person IN 1 Name of Reporting Person Gould Trading Company 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds WC 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 28,540 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 28,540 11 Aggregate Amount Beneficially Owned 28,540 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) .99 % 14 Type of Reporting Person CO 1 Name of Reporting Person Pleasant Lake Apts. Corp 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds WO 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 35 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 35 11 Aggregate Amount Beneficially Owned 35 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) .00% 14 Type of Reporting Person CO 1 Name of Reporting Person Pleasant Lakes Apts. Limited Partnership 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds OO 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 1,049 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 1,049 11 Aggregate Amount Beneficially Owned 1,049 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11 .04 % 14 Type of Reporting Person PN 1 Name of Reporting Person Ramat Securities Ltd 2 If a member group a) / / b) /X/ 3 SEC Use Only 4 Source of Funds WC 5 Check if Disclosure of Legal Proceedings Is Required 6 Citizenship USA Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 11 Aggregate Amount Beneficially Owned 29,009 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares 13 Percent of Class Represented by Amount in Row (11) 1.011 % 14 Type of Reporting Person BD There are no changes to the Schedule 13D, as amended except as set forth in this fourth amendment. Item 4 Purpose of Transaction This 13D amendment number four is being filed to reflect that on 12/17/01, Mr. Amster received trust distributions-in-kind of Horizon Group Properties, Inc. from his 100% funded trusts. as a result his aggregate amount of beneficially owned shares increased by 57,327 shares to 248,776 shares and the 100% funded trusts aggregate beneficial shares decreased by 57,327 to 6,600 shares. Item 5 Interest in Securities of the Issuer (a)(b) The aggregate amount owned by the Reporting Persons remains at 283,916 shares or 9.89 % of the outstanding shares. Howard Amster and his Individual Retirement Accounts now owns 89,839 shares or 3.13 % of the outstanding shares. Howard M Amster Charitable Remainder Unitrust doesn't own shares. Howard Amster and Tamra F. Gould Charitable Remainder Unitrust now owns 6,600 shares or 0.23 % of the outstanding shares. Amster Limited Partnership owns 574 shares or .02 % of the outstanding shares. Amster Trading Company now owns 128,270 shares or 4.469 % of the outstanding shares. Amster Trading Company Charitable Remainder Unitrusts don't own shares. Gould Trading Company owns 28,540 shares or .99 % of the outstanding shares. Pleasant Lake Apts. Corp. owns 35 shares or .00 % of the outstanding shares. Pleasant Lake Apts. Limited Partnership owns 1,049 shares or .04 % of the outstanding shares. Ramat Securities Ltd. owns 29,009 shares or 1.011 % of the outstanding shares. c) Trust Distributions of 12/17/01
Identity Howard Amster 12,700 Shares received 23,500 Shares received Howard M Amster Charitable 12,700 Shares distributed Remainder Unitrust Howard Amster and Tamra F. 23,500 Shares distributed Gould Charitable Remainder Unitrust Amster Trading Company 21,127 Shares received Amster Trading Company 21,127 Shares distributed Charitable Remainder Unitrusts
Signature. After reasonable inquiry and to the best of our knowledge and belief, we certify the information set forth in this statement is true, complete and correct. Date 12/26/01 Howard Amster Howard M. Amster Charitable Remainder Unitrust By: Howard Amster Title: Trustee Howard Amster & Tamra F. Gould Charitable Remainder Unitrust By: Howard Amster Title: Trustee Amster Limited Partnership By: Howard Amster Title: General Partner Amster Trading Company By: Howard Amster Title: President Amster Trading Company Charitable Remainder Unitrusts By: Howard Amster Title: Trustee Tamra F. Gould Gould Trading Company By: Tamra F. Gould Title: President Pleasant Lake Apts. Corp. By: Howard Amster Title: President Pleasant Lake Apts. Limited Partnership By: Howard Amster Title: Pleasant Lake Apts. Corp Ramat Securities Ltd. By: David Zlatin Title: Principal