-----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, ODFnf859y8FyPmT7EGj4NVFJWhKQJYIPEYan+TlTO8zD9zDBT2GGVamegBwvW5+O wsbnCa4m8RlNFPlib1zdRA== 0000904853-03-000002.txt : 20030311 0000904853-03-000002.hdr.sgml : 20030311 20030311121433 ACCESSION NUMBER: 0000904853-03-000002 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030311 GROUP MEMBERS: AMSTER LIMITED PARTNERSHIP GROUP MEMBERS: AMSTER TRADING COMPANY GROUP MEMBERS: PLEASANT LAKE APTS.LIMITED PARTNERSHIP GROUP MEMBERS: RAMAT SECURITIES LTD. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AMSTER HOWARD CENTRAL INDEX KEY: 0000904853 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 25812 FAIRMONT BLVD CITY: BEACHWOOD STATE: OH ZIP: 44122 BUSINESS PHONE: 2165951047 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN RESIDENTIAL INVESTMENT TRUST INC CENTRAL INDEX KEY: 0001035744 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 330741174 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52265 FILM NUMBER: 03599018 BUSINESS ADDRESS: STREET 1: 445 MARINE VIEW AVE SUITE 230 STREET 2: STE 260 CITY: DEL MAR STATE: CA ZIP: 92014 BUSINESS PHONE: 6193505008 MAIL ADDRESS: STREET 1: 445 MARINE VIEW AVE SUITE 230 CITY: DEL MAR STATE: CA ZIP: 92014 SC 13D/A 1 inv.txt United States Securities and Exchange Commission Washington DC 20549 Schedule 13D/A Under the Securities and Exchange Act of 1934 (Amendment No. 1) American Residential Investment Trust, Inc. (Name of Issuer) Common Stock ($0.01) Title of Class of Securities 02926T-10-3 (CUSIP Number) Howard Amster, 23811 Chagrin Blvd., Suite 200 Beachwood, Ohio 44122-5525, (216) 595-1047 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 3/10/03 (Date of Event Which Requires Filing of this Statement) If this 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 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. 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). 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 6 Citizenship U.S.A. Number of Shares 7 Sole Voting 615,700 Beneficially Owned By Each 8 Shared Voting 15,600 Reporting Person With 9 Sole Dispositive 615,700 10 Shared Dispositive 15,600 11 Aggregate Amount Beneficially owned 695,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 8.84 % 14 Type of Reporting Person IN 1 Name of Reporting Person Amster Limited Partnership 2 If a member group a) / / c) /X/ 3 SEC Use only 4 Source of Funds OO 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 3,600 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 3,600 11 Aggregate Amount Beneficially owned 3,600 12 Check if Aggregate Amount (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 Amster Trading Company 2 If a member group a) / / d) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 11,600 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 11,600 11 Aggregate Amount Beneficially owned 11,600 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) .15 % 14 Type of Reporting Person CO 1 Name of Reporting Person Pleasant Lake Apts. Limited Partnership 2 If a member group a) / / e) /X/ 3 SEC Use only 4 Source of Funds OO 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 400 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 400 11 Aggregate Amount Beneficially owned 400 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) .00 % 14 Type of Reporting Person PN 1 Name of Reporting Person Ramat Securities Ltd. 2 If a member group a) / / f) /X/ 3 SEC Use only 4 Source of Funds WC 5 Check if Disclosure 6 Citizenship U.S.A. Number of Shares 7 Sole Voting Beneficially Owned By Each 8 Shared Voting 80,000 Reporting Person With 9 Sole Dispositive 10 Shared Dispositive 80,000 11 Aggregate Amount Beneficially owned 80,000 12 Check if Aggregate Amount (11) Excludes Certain Shares 13 Percent of Class Represented by amount in row (11) 1.02 % 14 Type of Reporting Person BD There are no changes to the Schedule 13D, as amended except as set forth in this first amendment. Item 2. Identity and Background The Amster Trading Company Charitable Remainder Unitrusts are no longer a reporting person due to their disposition of all shares of American Residential Investment Trust, Inc. owned by the unitrusts. The Howard M. Amster Charitable Remainder Unitrust is no longer a reporting person due to its disposition of all shares of American Residential Investment Trust, Inc. owned by the unitrust. The Howard Amster and Tamra F. Gould Charitable Remainder Unitrust is no longer a reporting person due to its disposition of all shares of American Residential Investment Trust, Inc. owned by the unitrust. Gould Trading Company and Tamra F. Gould are no longer reporting persons due to the dissolution of her marriage to Howard Amster. Howard Amster is the general partner of Amster Limited Partnership and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Amster Limited Partnership. Howard Amster is a 100% owner of Amster Trading Company and as such can be deemed the beneficial owner of such entity and may be deemed to have shared voting and dispositive power over shares owned by Amster Trading Company. Howard Amster is an 83 % owner of Ramat Securities Ltd. Mr. Amster can be deemed a beneficial owner of any securities owned by Ramat Securities Ltd., but because he does not control the voting or dispositive power of any securities owned by Ramat Securities Ltd., Mr. Amster disclaims shared voting power and shared dispositive power of those shares. Amster Trading Company, 25812 Fairmount Blvd., Beachwood, Ohio 44122 Investments d) Neither the officers, directors or shareholders of Amster Trading Company have been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Neither the officers, directors or shareholders of Amster Trading Company have been a party to any civil proceedings of a judicial or administrative body or competent jurisdictions of the type described in Item 2 of Schedule 13D within the last five years. a) Howard Amster b) 23811 Chagrin Blvd. #200, Beachwood, Ohio 44122-5525 c) Present principal occupation- Principal, Ramat Securities Ltd., securities firm- 23811 Chagrin Blvd. # 200, Beachwood, Oh 44122-5525 d) Howard Amster has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors, if any) within the last five years. e) Howard Amster has not been party to any civil proceedings of a judicial or administrative body or competent jurisdiction of the type described in Item 2 of Schedule 13D within the last five years. f) U.S.A. Item 4. Purpose of Transaction This 13D amendment number one is filed because: Amster Trading Company on 12/18/02 received trust distributions in-kind of 11,600 shares of American Residential Investment Trust, Inc. common shares from the Amster Trading Company Charitable Remainder Unitrusts reducing the unitrust holdings in American Residential Investment Trust, Inc. to zero. As a result the unitrusts no longer is a reporting person. Howard Amster on 12/18/02 received a trust distribution in-kind of 900 shares of American Residential Investment Trust, Inc. common shares from the Howard M Amster Charitable Remainder Unitrust reducing the unitrust holdings in American Residential Investment Trust, Inc. to zero. As a result the unitrust no longer is a reporting person. Howard Amster on 12/18/02 received a trust distribution in-kind of 7,300 shares of American Residential Investment Trust, Inc. common shares from the Howard Amster and Tamra F. Gould Charitable Remainder Unitrust reducing the unitrust holdings in American Residential Investment Trust, Inc. to zero. As a result the unitrust no longer is a reporting person. This amended 13D filing excludes the shares owned by Tamra F. Gould and Gould Trading Company (100% owned corporation of Tamra F. Gould), who are no longer members of this reporting group. Tamra F. Gould is no longer the spouse of Howard Amster; and Mr. Amster disclaims beneficial ownership of such shares. Item 5. Interest in Securities of the Issuer (a)(b) The aggregate amount owned by the Reporting Persons is 711,300 shares or 9.04 % of the outstanding shares. Howard Amster in his name and individual retirement accounts owns 615,700 shares or 7.83 % of the outstanding shares. Amster Ltd. Partnership owns 3,600 shares or ..04 % of the outstanding shares. Amster Trading Company owns 11,600 shares or .15 % of the outstanding shares. Pleasant Lake Apt. Ltd. Partnership owns 400 shares or ..00 % of the outstanding shares. Ramat Securities Ltd. owns 80,000 shares or 1.02 % of the outstanding shares. Signature After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: March 10, 2003 Howard Amster Amster Ltd. Partnership By: Howard Amster Title: General Partner Amster Trading Company By: Howard Amster Title: President Pleasant Lake Apt. Ltd. Partnership By: Howard Amster, President Pleasant Lake Apts. Corp., Title: General Partner Ramat Securities Ltd. By: David Zlatin Title: Principal -----END PRIVACY-ENHANCED MESSAGE-----