-----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, TANegWuIxzkreRkuEbKHxTezeEdFng9CymOoQNOb2k1fI7KLIWNjUIyknw/O+Ig8 wiQgUbsffoyjveWehnjvsw== 0000905718-98-000378.txt : 19981001 0000905718-98-000378.hdr.sgml : 19981001 ACCESSION NUMBER: 0000905718-98-000378 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980930 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MERISTAR HOTELS & RESORTS INC CENTRAL INDEX KEY: 0001059341 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 510379982 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-54565 FILM NUMBER: 98718211 BUSINESS ADDRESS: STREET 1: 1010 WISCONSIN AVE NW CITY: WASHINGTON STATE: DC ZIP: 20007 BUSINESS PHONE: 2029654455 MAIL ADDRESS: STREET 1: 1010 WISCONSIN AVE N W CITY: WASHINGTON STATE: DC ZIP: 20007 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GALLEN JONATHAN CENTRAL INDEX KEY: 0001069726 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 450 PARK AVENUE STREET 2: 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128912132 MAIL ADDRESS: STREET 1: 450 PARK AVENUE STREET 2: 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SC 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE l3D Under the Securities Exchange Act of 1934 (Amendment No. 1) MERISTAR HOTELS & RESORTS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) - -------------------------------------------------------------------------------- 589988104 - -------------------------------------------------------------------------------- (CUSIP Number) with a copy to: Jonathan Gallen Robert G. Minion, Esq. 450 Park Avenue Lowenstein Sandler PC 28th Floor 65 Livingston Avenue New York, New York 10022 Roseland, New Jersey 07068 (212) 891-2132 (973) 597-2424 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) September 21, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule l3G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7(b) 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 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). Cusip No. 589988104 ________________________________________________________________________________ 1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (entities only): Jonathan Gallen ________________________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (See Instructions): (a) Not (b) Applicable ________________________________________________________________________________ 3) SEC Use Only ________________________________________________________________________________ 4) Source of Funds (See Instructions): WC, PF ________________________________________________________________________________ 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): Not Applicable ________________________________________________________________________________ 6) Citizenship or Place of Organization: United States ________________________________________________________________________________ Number of 7) Sole Voting Power: * Shares Beneficially 8) Shared Voting Power: * Owned by Each Reporting 9) Sole Dispositive Power: * Person With: 10) Shared Dispositive Power: * ________________________________________________________________________________ 11) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,718,200* ________________________________________________________________________________ 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): Not Applicable ________________________________________________________________________________ 13) Percent of Class Represented by Amount in Row (11): 6.8%* ________________________________________________________________________________ 14) Type of Reporting Person (See Instructions): IA, IN ________________________________________________________________________________ * As of September 30, 1998, Pequod Investments, L.P., a New York limited partnership ("Pequod"), was the holder of 935,000 shares of the Common Stock, par value $0.01 per share (the "Shares"), of Meristar Hotels & Resorts, Inc. ("Meristar") and Pequod International, Ltd., a corporation organized under the laws of the Bahamas ("International"), was the holder of 768,200 Shares. Jonathan Gallen possesses sole power to vote and direct the disposition of all Shares held by the Funds. In addition, 10,000 Shares are owned by Mr. Gallen's wife and 5,000 Shares are owned by a third party with respect to which Mr. Gallen exercises investment control (the "Account"). Thus, for the purposes of Reg. Section 240.13d-3, Mr. Gallen is deemed to beneficially own 1,718,200 Shares. Item 5. Interest in Securities of the Issuer. Based upon information provided by Meristar, there were 25,412,463 Shares outstanding as of September 21, 1998. As of September 30, 1998, Pequod was the holder of 935,000 Shares and International was the holder of 768,200 Shares. Mr. Gallen possesses sole power to vote and direct the disposition of all Shares held by Pequod and International. In addition, as of September 30, 1998, 10,000 Shares were held by Mr. Gallen's wife and 5,000 Shares were held by the Account. Thus, as of September 30, 1998, for the purposes of Reg. Section 240.13d-3, Mr. Gallen is deemed to beneficially own 1,718,200 Shares, or 6.8% of the Shares issued and outstanding. Since the filing of the Schedule 13D by Mr. Gallen dated as of August 26, 1998, the only transactions in Shares, or securities convertible into Shares, by Mr. Gallen or any person or entity controlled by him or any person or entity for which he possesses voting or investment control over the securities thereof, were as follows (each of which was effected in an ordinary brokerage transaction): I. Pequod Investments, L.P. (Purchases) Date Quantity Price August 27, 1998 30,000 $2.76 September 4, 1998 10,062 2.04 September 9, 1998 15,000 2.28 September 10, 1998 50,000 2.03 September 21, 1998 55,000 2.03 September 24, 1998 5,000 2.54 September 28, 1998 10,000 2.78 September 29, 1998 40,000 2.59 (Sales) NONE II. Pequod International, Ltd. (Purchases) Date Quantity Price August 27, 1998 13,372 $2.76 September 4, 1998 666 2.08 September 9, 1998 35,000 2.28 September 10, 1998 40,000 2.03 September 21, 1998 45,000 2.03 September 24, 1998 7,200 2.53 September 29, 1998 41,000 2.59 (Sales) NONE 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. September 30, 1998 /s/Jonathan Gallen _______________________________________________ Jonathan Gallen, individually and in his capacity as the investment advisor for Pequod Investments, L.P. and for Pequod International, Ltd. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----