-----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, K2BrKsA4T5NngE/olVAqc66KLVflCDnm9wU/87G1fkFNl+car+YcXgOs0IvliZbi ps2OKlxaW8QRABiVj1kdRA== 0000950137-97-000700.txt : 19970222 0000950137-97-000700.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950137-97-000700 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NONE GROUP MEMBERS: B/S INVESTMENTS GROUP MEMBERS: EQUITY-EQR LIMITED PARTNERSHIP GROUP MEMBERS: EQUITY-ERP LIMITED PARTNERSHIP GROUP MEMBERS: FU ASSOCIATES GROUP MEMBERS: ROPU ASSOCIATES LIMITED PARTNERSHIP GROUP MEMBERS: SAMUEL ZELL GROUP MEMBERS: SAMUEL ZELL FOUNDATION GROUP MEMBERS: ZELL SAMUEL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITY RESIDENTIAL PROPERTIES TRUST CENTRAL INDEX KEY: 0000906107 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 363877868 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42693 FILM NUMBER: 97536361 BUSINESS ADDRESS: STREET 1: TWO N RIVERSIDE PLZ STREET 2: STE 400 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3124741300 MAIL ADDRESS: STREET 1: TWO N RIVERSIDE PLAZA STREET 2: SUITE 450 CITY: CHICAGO STATE: IL ZIP: 60606 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZELL SAMUEL CENTRAL INDEX KEY: 0001024193 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: TWO N RIVERSIDE PLAZA SUITE 600 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3124540100 MAIL ADDRESS: STREET 1: TWO N RIVERSIDE PLAZA STREET 2: SUITE 600 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13G/A 1 AMENDMENT NO. 2 TO SCHEDULE 13G 1 OMB APPROVAL OMB Number 3235-0145 Expires: August 31, 1991 Estimated average burden hours per response......... 14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2)* Equity Residential Properties Trust - ------------------------------------------------------------------------------- (NAME OF ISSUER) Common Shares of Beneficial Interest, par value $.01 - ------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 29476L 10 7 - ------------------------------------------------------------------------------- (CUSIP NUMBER) Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *The remainder of this cover page shall be filled our 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 disclosures provided in a prior cover page. The 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). 2 CUSIP NO. 29476L 10 7 13G PAGE 2 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FU Associates 36-3928382 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Illinois --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 270,769 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 270,769 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 270,769 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) .53%(.49% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* PN --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 CUSIP NO. 29476L 10 7 13G PAGE 3 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON B/S Investments 36-6526147 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF organization Illinois --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 669 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 669 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 669 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) .00%(.00% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* PN --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 4 CUSIP NO. 29476L 10 7 13G PAGE 4 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ROPU Associates Limited Partnership 36-4027196 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Illinois --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 3,133,146 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,133,146 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,133,146 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.77%(5.73% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* PN --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 5 CUSIP NO. 29476L 10 7 13G PAGE 5 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equity - EQR Limited Partnership 36-4003677 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Illinois --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 372,000 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 372,000 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 372,000 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) .73%(.68% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* PN --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 6 CUSIP NO. 29476L 10 7 13G PAGE 6 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Equity - ERP Limited Partnership 36-4003679 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Illinois --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 834,968 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 834,968 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 834,968 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.63%(1.53% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* PN --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 7 CUSIP NO. 29476L 10 7 13G PAGE 7 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Samuel Zell Foundation 36-3487811 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Illinois --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 30,000 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 30,000 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,000 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) .06%(.05% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* OO --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 8 CUSIP NO. 29476L 10 7 13G PAGE 8 OF 13 PAGES --------------------- ----- ----- (1) NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Samuel Zell ###-##-#### --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [X] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 151,617 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 4,641,552 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 151,617 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 4,641,552 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,793,169 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.76%(8.76% assuming conversion of all Reporting Persons' derivative securities) --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* IN --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 9 EQUITY RESIDENTIAL PROPERTIES TRUST COMMON SHARES OF BENEFICIAL INTEREST, PAR VALUE $.01 CUSIP NUMBER 29476L 10 7 ITEM 1(A). NAME OF ISSUER The Issuer is Equity Residential Properties Trust, a Maryland real estate investment trust. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES The Issuer's principal executive office is: Two North Riverside Plaza Chicago, Illinois 60606 ITEM 2(A). NAME OF PERSON FILING The following persons are filing this Schedule 13G: FU Associates B/S Investments ROPU Associates Limited Partnership Equity - EQR Limited Partnership Equity - ERP Limited Partnership Samuel Zell Foundation Samuel Zell ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE The address for each Reporting Person is: Two North Riverside Plaza Chicago, Illinois 60606 ITEM 2(C). CITIZENSHIP Each of the Reporting Persons' state of organization is Illinois except for Samuel Zell who is a citizen of the United States of America. ITEM 2(D). TITLE OF CLASS OF SECURITIES Securities reported herein are common shares of beneficial interest, par value $.01 per share ("Common Shares"). Page 9 of 13 10 ITEM 2(E). CUSIP NUMBER The CUSIP number is 29476L 10 7. ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A Not applicable. ITEM 4. OWNERSHIP The Issuer is the sole general partner of ERP Operating Limited Partnership, an Illinois limited partnership (the "Operating Partnership"). Certain of the Reporting Persons: FU Associates, B/S Investments and ROPU Associates are limited partners of the Operating Partnership. Each limited partner Operating Partnership unit is exchangeable, at the holder's request, on a one-for-one basis into a Common Share. Amounts reported herein for each Reporting Person assume (1) the exchange of such Reporting Person's Operating Partnership units for Common Shares and (2) the exchange of all Reporting Persons' Operating Partnership units for Common Shares and the exercise of all options to purchase Common Shares. Samuel Zell, in addition to being the beneficial owner of 3,100 Common Shares directly and an additionally 184 Common Shares through a Supplemental Retirement Plan, has options to purchase 148,333 Common Shares which are currently exercisable or exercisable within 60 days. Amounts reported for Mr. Zell include such options. Additionally, because Mr. Zell controls each Reporting Person, all Common Shares beneficially owned by each Reporting Person are shown as being beneficially owned by Mr. Zell. Mr. Zell also shares the power to vote or to direct the vote of the Common Shares and shares to power to dispose or to direct the disposition of the Common Shares with each Reporting Person. Mr. Zell disclaims beneficial ownership of such Common Shares beneficially owned by all other Reporting Persons. Page 10 of 13 11 Each Reporting Person's ownership as of December 31, 1996, is as follows:
PERCENT OF CLASS (ASSUMING AMOUNT PERCENT OF EXCHANGE OF ALL REPORTING BENEFICIALLY CLASS PERSONAL DERIVATIVE NAME OWNED % SECURITIES) % ---- ----- --------- ------------- FU Associates 270,769 .53 .49 B/S Investments 669 .00 .00 ROPU Associates Limited Partnership 3,133,146 5.77 5.73 Equity-EQR Limited Partnership 372,000 .73 .68 Equity-ERP Limited Partnership 834,968 1.63 1.53 Samuel Zell Foundation 30,000 .06 .05 Samuel Zell 4,793,169 8.76 8.76
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Samuel Zell has the power to direct the receipt of distributions from, or the proceeds from the sale of, such securities for each of the Reporting Persons. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATE Not applicable. Page 11 of 13 12 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. Dated: February 14, 1997 FU ASSOCIATES, an Illinois general partnership By: Equity Group Investments, Inc., an Illinois corporation, its managing general partner By: /s/ Sheli Z. Rosenberg --------------------------------------- Its: President & Chief Executive Officer B/S INVESTMENTS, an Illinois general partnership By: Alphabet Partners, a general partner By: SZA Trust, a general partner By: /s/ Arthur A. Greenberg ------------------------------ Its: Trustee ROPU ASSOCIATES, an Illinois Limited Partnership, an Illinois limited partnership By: Samuel Zell Revocable Trust, a general partner By: /s/ Samuel Zell ------------------------------ Its: Trustee Page 12 of 13 13 EQUITY - EQR Limited Partnership, an Illinois limited partnership By: Zell General Partnership, Inc., an Illinois corporation, a general partner By: /s/ Sheli Z. Rosenberg ------------------------------ Its: Vice President EQUITY - ERP Limited Partnership, an Illinois limited partnership By: Zell General Partnership, Inc., an Illinois corporation, a general partner By: /s/ Samuel Zell ------------------------------ Its: Vice President Samuel Zell Foundation, an Illinois not-for-profit organization By: /s/ Samuel Zell ------------------------------ Its: President /s/ Samuel Zell ------------------------------ Samuel Zell Page 13 of 13 -----END PRIVACY-ENHANCED MESSAGE-----