-----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, E8g8Pdu5rfOby4DWkgZcDyFfi9lRuj0SI7TG+WpVj1PdDENce6oqgTDSQtt1CpcS 2I4e2Yp6c3cDnZQLvfT1mw== 0000950123-02-012340.txt : 20021230 0000950123-02-012340.hdr.sgml : 20021230 20021230153102 ACCESSION NUMBER: 0000950123-02-012340 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20021230 GROUP MEMBERS: LMM FAMILY CORP GROUP MEMBERS: MARITAL TRUST I GROUP MEMBERS: THE MILLER CHARITABLE FUND LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LNR PROPERTY CORP CENTRAL INDEX KEY: 0001043044 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF APARTMENT BUILDINGS [6513] IRS NUMBER: 650777234 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51891 FILM NUMBER: 02871867 BUSINESS ADDRESS: STREET 1: 760 NW 107TH AVE CITY: MIAMI STATE: FL ZIP: 33172 BUSINESS PHONE: 3054852000 MAIL ADDRESS: STREET 1: 760 NW 107TH AVE CITY: MIAMI STATE: FL ZIP: 33172 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MFA LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000935364 IRS NUMBER: 650539667 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 760 NW 107TH AVE CITY: MIAMI STATE: FL ZIP: 33172 BUSINESS PHONE: 3055594000 MAIL ADDRESS: STREET 1: 760 NW 107TH AVE CITY: MIAMI STATE: FL ZIP: 33172 SC 13D/A 1 y67033mfsc13dza.txt AMENDMENT #2 TO SCHEDULE 13D: LNR/MFA SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------------------- AMENDMENT NO. 2 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Rule 13d-101) -------------------------- LNR PROPERTY CORPORATION (Name of Issuer) -------------------------- COMMON STOCK, PAR VALUE $0.10 PER SHARE (Title of Class of Securities) -------------------------- 501940100 (CUSIP Number) -------------------------- DAVID W. BERNSTEIN, ESQ. CLIFFORD CHANCE US LLP 200 PARK AVENUE NEW YORK, NEW YORK 10166 (212) 878-8000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -------------------------- DECEMBER 26, 2002 (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 which 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 [ ]. Page 1 of 12 - ------------------------------------------------------------------------------------------------------ CUSIP No. 501940100 13D Page 2 of 12 Pages --------- - ------------------------------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON MFA LIMITED PARTNERSHIP - ------------------------------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X] (b)[ ] - ------------------------------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------------------------------ 4. SOURCES OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ------------------------------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------ 7. SOLE VOTING POWER NUMBER OF ------------------------------------------------------------------------------------ SHARES 8. SHARED VOTING POWER BENEFICIALLY OWNED BY 8,188,630 EACH ------------------------------------------------------------------------------------ REPORTING 9. SOLE DISPOSITIVE POWER PERSON WITH ------------------------------------------------------------------------------------ 10. SHARED DISPOSITIVE POWER 8,188,630 - ------------------------------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,188,630 - ------------------------------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.8% - ------------------------------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------------------------------
Page 2 of 12 - ------------------------------------------------------------------------------------------------------ CUSIP No. 501940100 13D Page 3 of 12 Pages --------- - ------------------------------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON LMM FAMILY CORP. - ------------------------------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X] (b)[ ] - ------------------------------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------------------------------ 4. SOURCES OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ------------------------------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------ 7. SOLE VOTING POWER NUMBER OF SHARES ---------------------------------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY EACH 9,637,830 REPORTING ---------------------------------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER ---------------------------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 9,637,830 - ------------------------------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,637,830 - ------------------------------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.1% - ------------------------------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------------------------------
Page 3 of 12 - ------------------------------------------------------------------------------------------------------ CUSIP No. 501940100 13D Page 4 of 12 Pages --------- ====================================================================================================== 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON MARITAL TRUST I CREATED UNDER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 - ------------------------------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X] (b)[ ] - ------------------------------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------------------------------ 4. SOURCES OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ------------------------------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION - ------------------------------------------------------------------------------------------------------ 7. SOLE VOTING POWER NUMBER OF SHARES ------------------------------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 9,637,830 EACH ------------------------------------------------------------------------------------ REPORTING 9. SOLE DISPOSITIVE POWER PERSON WITH ------------------------------------------------------------------------------------ 10. SHARED DISPOSITIVE POWER 9,637,830 - ------------------------------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,637,830 - ------------------------------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.1% - ------------------------------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO ======================================================================================================
Page 4 of 12 Pages - ------------------------------------------------------------------------------------------------------ CUSIP No. 501940100 13D Page 5 of 12 Pages --------- - ------------------------------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THE MILLER CHARITABLE FUND, L.P. - ------------------------------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X] (b)[ ] - ------------------------------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------------------------------ 4. SOURCES OF FUNDS NOT APPLICABLE - ------------------------------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ------------------------------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------ 7. SOLE VOTING POWER ----------------------------------------------------------------------------------- NUMBER OF 8. SHARED VOTING POWER SHARES BENEFICIALLY 1,449,200 OWNED BY ----------------------------------------------------------------------------------- EACH 9. SOLE DISPOSITIVE POWER REPORTING PERSON WITH ----------------------------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,449,200 - ------------------------------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,449,200 - ------------------------------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.8% - ------------------------------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------------------------------
Page 5 of 12 Pages This Amendment No. 2 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on November 12, 1997 by MFA Limited Partnership. ITEM 2. IDENTITY AND BACKGROUND. (a)-(c) The persons filing this Amendment are MFA Limited Partnership (the "Partnership"), a Delaware limited partnership, The Miller Charitable Fund, L.P., a Delaware limited partnership (the "Fund"), LMM Family Corp. (the "Corporation"), a Delaware corporation, which is the sole general partner of the Partnership and of the Fund, and Marital Trust I ("Marital Trust I") created under the Leonard Miller Amended and Restated Revocable Trust Agreement dated June 8, 2001 (the "Leonard Miller Revocable Trust Agreement"), which owns all of the outstanding voting stock of the Corporation. Stuart A. Miller is the trustee of Marital Trust I. The principal offices of the Partnership, the Fund, the Corporation and Marital Trust I are located at 700 Northwest 107th Avenue, Miami, Florida, 33172. (d)-(e) None of the Partnership, the Fund, the Corporation or Marital Trust I, nor any of the officers or directors of the Corporation or the Trustee of Marital Trust I, has during the last five years (i) been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in it being subject to a judgment, decree or final order enjoining future violations of, or which prohibited or mandated activities subject to Federal or state securities laws or found any violation with respect to such laws. ITEM 5. INTEREST IN SECURITIES OF ISSUER. (a)-(b)The Partnership is the beneficial owner of 8,188,630 shares of Class B Common Stock of the Company, which may at any time be converted into common stock of the Company at the rate of one share of common stock for each share of Class B Common Stock that is converted. The Fund is the beneficial owner of 1,449,200 shares of Class B Common Stock of the Company, which may at any time be converted into common stock of the Company at the rate of one share of common stock for each share of Class B Common Stock that is converted. Prior to his death on July 28, 2002, Leonard Miller was the sole trustee of a revocable trust that was the sole stockholder of the Corporation and he was directly or indirectly the sole beneficial owner of the Fund. Upon Leonard Miller's death, ownership of the Corporation was transferred to Marital Trust I and ownership interests in the Fund passed to various trusts and entities. On September 27, 2002 (effective August 30, 2002), the Corporation became the sole general partner of the Fund. As the sole general partner of the Partnership and the Fund, the Corporation has the power to cause the Partnership and the Fund to vote, or to dispose of, securities which it owns. Marital Trust I, as the sole holder of the voting stock of the Corporation, and Stuart Miller, as the trustee of Marital Trust I, indirectly has the power to cause the Partnership and the Fund to vote, or to dispose of, securities which it owns. Therefore, for purposes of Section 13 under the Securities Exchange Act of 1934, as amended, (i) the Partnership is the beneficial owner, with shared voting and dispositive power, with regard to a total of 8,188,630 shares of common stock of the Company, (ii) the Fund is the beneficial owner, with shared voting and dispositive power, with regard to a total of 1,449,200 shares of common stock of the Company, and (iii) each of the Corporation and Marital Trust I is the beneficial owner, with shared voting and dispositive power, with regard to a total of 9,637,830 shares of common stock of the Company. Stuart Miller, who also is the beneficial owner of those 9,637,830 shares of common stock of the Company, has reported his ownership on a separate Schedule 13D. In addition to being a beneficial owner of the 9,637,830 shares of common stock of the Company, on December 30, 2002, Mr. Miller owns 455,165 shares of common stock (including 150,000 restricted shares and 83 shares he holds through the Company's savings plan) and 100,000 shares of Class B Common Stock, which are convertible at any time into 100,000 shares of common stock, and holds options to purchase 139,855 shares of common stock, of which options to purchase 63,927 shares were exercisable or would become exercisable within 60 days. Therefore, for Page 6 of 12 Pages purposes of Section 13 under the Securities Exchange Act of 1934, as amended, Stuart Miller is the beneficial owner with sole direct or indirect voting and dispositive power of 10,256,922 shares. Giving effect to the conversion into common stock of all the shares of Class B Common Stock beneficially owned, respectively, by the Partnership, the Fund, the Corporation and Marital Trust I, and based upon the information as to outstanding shares contained in the Company's Report on Form 10-Q for the period ended August 31, 2002, (i) the shares of common stock of which the Partnership is the beneficial owner constitute 25.8% of the outstanding shares of common stock, (ii) the shares of common stock of which the Fund is the beneficial owner constitute 5.8% of the outstanding shares of common stock, and (iii) the shares of common stock of which each of the Corporation and Marital Trust I is the beneficial owner constitute 29.1% of the outstanding shares of common stock. Each share of Class B Common Stock entitles the holder to cast 10 votes, while each share of common stock entitles the holder to cast one vote. Therefore, the 9,637,830 shares of Class B Common Stock with regard to which the Corporation and Marital Trust I have shared voting power entitles the holder to cast a total of 96,378,300 votes, which is 79.4% of all the votes that may be cast at a meeting of the Company's stockholders. (c) During the past sixty days, none of the Partnership, the Fund, the Corporation or Marital Trust I effected any transactions in the Company's common stock, except that (a) on December 17, 2002, the Fund transferred 100,000 shares of Class B Common Stock to Stuart Miller in exchange for 100,000 shares of common stock from Stuart Miller, and (b) on December 26, 2002, the Fund transferred 100,000 shares of common stock to The Miller Family Foundation, Inc. as a charitable contribution. (d) Susan Miller, the wife of Leonard Miller, is the income beneficiary, with limited rights to withdraw principal, of Marital Trust I and of Marital Trust II created under the Leonard Miller Revocable Trust Agreement, and is the settlor and income beneficiary of the Susan Miller Revocable Trust. Marital Trust II and the Susan Miller Revocable Trust each owns directly or indirectly limited partner interests in the Partnership. Stuart Miller, Leslie Saiontz (Stuart Miller's sister) and Jeffrey Miller (Stuart Miller's brother) and their living descendents are income beneficiaries, with in some instances limited rights with regard to principal, of trusts which own directly or indirectly limited partner interests in the Partnership. (e) Not applicable. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A -- Amended Joint Filing Agreement dated December 30, 2002. Page 7 of 12 Pages SIGNATURE After reasonable inquiry and to the best of knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 30, 2002 MARITAL TRUST I UNDER LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By /s/ Stuart A. Miller ---------------------------------------------- Stuart A. Miller, Trustee LMM FAMILY CORPORATION By /s/ Stuart A. Miller ---------------------------------------------- Stuart A. Miller, President MFA LIMITED PARTNERSHIP By LMM FAMILY CORPORATION, General Partner By /s/ Stuart A. Miller ---------------------------------------------- Stuart A. Miller, President THE MILLER CHARITABLE FUND, L.P. By:LMM Family Corp. its Sole General Partner By: /s/ Stuart A. Miller --------------------------------------------- Name: Stuart A. Miller Title: President Page 8 of 12 Pages EX-99.A 3 y67033mfexv99wa.txt AMENDED JOINT FILING AGREEMENT EXHIBIT A AMENDED JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.10 per share, of LNR Property Corporation, and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 30th day of December 2002. MFA LIMITED PARTNERSHP By:LMM Family Corp. its General Partner By: /s/ Stuart A. Miller ------------------------------------------- Name: Stuart A. Miller Title: President LMM FAMILY CORP. By: /s/ Stuart A. Miller ------------------------------------------- Name: Stuart A. Miller Title: President MARITAL TRUST I CREATED UNDER THE LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By: /s/ Stuart A. Miller ------------------------------------------- Name: Stuart A. Miller Title: Trustee THE MILLER CHARITABLE FUND, L.P. By:LMM Family Corp. its Sole General Partner By: /s/ Stuart A. Miller ------------------------------------------- Name: Stuart A. Miller Title: President KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints David W. Bernstein, his true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, to sign in any and all capacities any and all amendments to this Statement on Schedule 13D and to file the same with all exhibits thereto and other documents in connection therewith with the Securities and Exchange Commission, granting to such attorneys-in-fact and agents, and each of them, full power and authority to do all such other acts and execute all such other documents as they, or any of them, may deem necessary or desirable in connection with the foregoing, as fully as the undersigned might or could do in person, hereby ratifying and confirming all that such attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. MFA LIMITED PARTNERSHIP By:LMM Family Corp. its General Partner By: /s/ Stuart A. Miller ---------------------------------------------- Name: Stuart A. Miller Title: President LMM FAMILY CORP. By: /s/ Stuart A. Miller ---------------------------------------------- Name: Stuart A. Miller Title: President MARITAL TRUST I CREATED UNDER THE LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By: /s/ Stuart A. Miller ---------------------------------------------- Name: Stuart A. Miller Title: Trustee THE MILLER CHARITABLE FUND, L.P. By:LMM Family Corp. its Sole General Partner By: /s/ Stuart A. Miller ------------------------------------------- Name: Stuart A. Miller Title: President Dated: December 30, 2002 -----END PRIVACY-ENHANCED MESSAGE-----