-----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, R90oF84UtyD6E/1PxZCXaV2qfbgBPDnPbmaqC5beSSGnF0TJWajuYZESjjEbrWiH iqOIQ834d/DzC/hngy4Q1w== 0001439367-09-000007.txt : 20090212 0001439367-09-000007.hdr.sgml : 20090212 20090212173025 ACCESSION NUMBER: 0001439367-09-000007 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090212 DATE AS OF CHANGE: 20090212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERSTATE 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 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-54565 FILM NUMBER: 09596341 BUSINESS ADDRESS: STREET 1: 4501 NORTH FAIRFAX DRIVE CITY: ARLINGTON STATE: VA ZIP: 22203 BUSINESS PHONE: (703) 387-3100 MAIL ADDRESS: STREET 1: 4501 NORTH FAIRFAX DRIVE CITY: ARLINGTON STATE: VA ZIP: 22203 FORMER COMPANY: FORMER CONFORMED NAME: MERISTAR HOTELS & RESORTS INC DATE OF NAME CHANGE: 19980407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TLG Capital Investments LLC CENTRAL INDEX KEY: 0001439367 IRS NUMBER: 201281954 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 4131 N CENTRAL EXPY STE 800 CITY: DALLAS STATE: TX ZIP: 75204 BUSINESS PHONE: 214-540-4909 MAIL ADDRESS: STREET 1: 4131 N CENTRAL EXPY STE 800 CITY: DALLAS STATE: TX ZIP: 75204 SC 13G 1 interstate123108.txt DOCUMENT> SC 13G 1 interstate123108.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) Interstate Hotels & Resorts Inc (Name of Issuer) Common Stock, par value $0.01 (Title of Class of Securities) 46088S106 (Cusip Number) (Holdings as of December 31, 2008) (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) [X] Rule 13d-1(c) Rule 13d-1(d) CUSIP No. 46088S106 - ---------------------------------------------------------------------------- (1)NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) TLG Partners, LP - ------------------------------------------------------------------------------ (2)CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) 0 (b) 0 - ------------------------------------------------------------------------------ (3)SEC USE ONLY - ------------------------------------------------------------------------------ (4)CITIZENSHIP OR PLACE OF ORGANIZATION Texas - ------------------------------------------------------------------------------ NUMBER OF SHARES (5)SOLE VOTING POWER VOTING POWER 0 BENEFICIALLY OWNED --------------------------------- BY EACH REPORTING (6)SHARED VOTING POWER PERSON WITH 2,036,700 --------------------------------- (7)SOLE DISPOSITIVE POWER 0 --------------------------------- (8)SHARED DISPOSITIVE POWER 2,036,700 --------------------------------- (9)AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,036,700 - ------------------------------------------------------------------------------- (10)CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES - ------------------------------------------------------------------------------- (11)PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.4% - ------------------------------------------------------------------------------- (12)TYPE OF REPORTING PERSON* PN - ------------------------------------------------------------------------------- CUSIP No. 46088S106 - ------------------------------------------------------------------------------- (1)NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) TLG Capital Investment, LLC - ------------------------------------------------------------------------------- (2)CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) 0 (b) 0 - ------------------------------------------------------------------------------- (3)SEC USE ONLY - ------------------------------------------------------------------------------- (4)CITIZENSHIP OR PLACE OF ORGANIZATION Texas - ------------------------------------------------------------------------------- NUMBER OF SHARES (5)SOLE VOTING POWER VOTING POWER 0 BENEFICIALLY OWNED --------------------------------- BY EACH REPORTING (6)SHARED VOTING POWER PERSON WITH 2,036,700 --------------------------------- (7)SOLE DISPOSITIVE POWER 0 --------------------------------- (8)SHARED DISPOSITIVE POWER 2,036,700 --------------------------------- (9)AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,036,700 - ------------------------------------------------------------------------------- (10)CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------- (11)PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.4% - ------------------------------------------------------------------------------- (12)TYPE OF REPORTING PERSON* IA - ------------------------------------------------------------------------------- CUSIP No. 46088S106 - ------------------------------------------------------------------------------- (1)NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Timothy Griffith - ------------------------------------------------------------------------------- (2)CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) 0 (b) 0 - ------------------------------------------------------------------------------- (3)SEC USE ONLY - ------------------------------------------------------------------------------- (4)CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- NUMBER OF SHARES (5)SOLE VOTING POWER VOTING POWER 29,750 BENEFICIALLY OWNED --------------------------------- BY EACH REPORTING (6)SHARED VOTING POWER PERSON WITH 2,036,700 --------------------------------- (7)SOLE DISPOSITIVE POWER 29,750 --------------------------------- (8)SHARED DISPOSITIVE POWER 2,036,700 --------------------------------- (9)AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,066,450 - ------------------------------------------------------------------------------- (10)CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------------------------------------------------------------------------- (11)PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.5% - ------------------------------------------------------------------------------- (12)TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------- SCHEDULE 13G This Schedule 13G (the Schedule 13G), relating to shares of Common Stock,par value $.0.01 per share (the Shares) of Interstate Hotels & Resorts,Inc. (the Issuer) is being filed with the Securities and Exchange Commission on behalf of (i) TLG Partners, L.P., a Texas limited partnership (TLG Partners); (ii) TLG Capital Investment, LLC, a Texas limited liability company and general partner of TLG Partners (TLG Capital); and (iii) Mr. Timothy Griffith the managing member of TLG Capital (Mr. Griffith and together with those persons listed in (i) and (ii) above, the Reporting Persons). Item 1(a)Name of Issuer. Interstate Hotels & Resorts, Inc. - ------------------------------------------------------------------------------ Item 1(b)Address of Issuers Principal Executive Offices. 4501 North Fairfax Drive, Ste 500, Arlington, VA 22203-1656, United States - ------------------------------------------------------------------------------ Item 2(a) Name of Person Filing. Item 2(b) Address of Principal Business Office. Item 2(c) Place of Organization. (a) This filing is made on behalf of each of the following persons (collectively, the Reporting Persons): (i) TLG Partners, L.P. (TLG Partners); (ii) TLG Capital Investment, LLC, (TLG Capital); and (iii) Mr. Timothy Griffith (Mr. Griffith) (b) The address of the principal business offices of each of the Reporting Persons is 4131 North Central Expressway, Suite 800, Dallas, TX 75204 (c) TLG Partners, a Texas limited partnership, serves as a general partner of a certain Texas limited partnership and as advisor to a certain managed account. TLG Capital, a Texas limited liability company, serves as general partner of TLG Partners. Mr. Griffith, a U.S. citizen, is the managing member of TLG Capital. - ------------------------------------------------------------------------------- Item 2(d) Title of Class of Securities. common stock, par value $0.01 (the Common Stock) - ------------------------------------------------------------------------------- Item 2(e) CUSIP Number. 46088S106 - ------------------------------------------------------------------------------- Item 3 Reporting Person. The persons filing are not listed in Items 3(a) through 3(j). - ------------------------------------------------------------------------------- Item 4 Ownership. TLG Partners: (a) TLG Partners is a beneficial owner of 2,036,700 shares of Common Stock. (b) TLG Partners is the beneficial owner of 6.4%, of the outstanding shares of Common Stock, which such percentage is determined by dividing the aggregate number of shares of Common Stock beneficially held by the number of shares of Common Stock issued and outstanding in the amount of 31,841,316 according to the Issuers Form 10-Q filed with the Securities and Exchange Commission on November 6, 2008. (c) Number of Shares as to which TLG Partners has: (i) Sole power to vote or direct the vote 0. (ii) Shared power to vote or to direct the vote 2,036,700. (iii) Sole power to dispose or direct the disposition of 0. (iv) Shared power to dispose or direct the disposition of 2,036,700. TLG Capital: (a) TLG Capital may be deemed to be a beneficial owner of 2,036,700 shares of Common Stock as a result of serving as the general partner to TLG Partners. (b) TLG Capital may be deemed to be the beneficial owner of 6.4%, of the outstanding shares of Common Stock, which such percentage is determined by dividing the aggregate number of shares of Common Stock beneficially held by the number of shares of Common Stock issued and outstanding in the amount of 31,841,316 according to the Issuers Form 10-Q filed with the Securities and Exchange Commission on November 6, 2008. (c) Number of Shares as to which TLG Capital has: (i) Sole power to vote or direct the vote 0. (ii) Shared power to vote or to direct the vote 2,036,700. (iii) Sole power to dispose or direct the disposition of 0. (iv) Shared power to dispose or direct the disposition of 2,036,700. Mr. Griffith: (a) Mr. Griffith may be deemed to be a beneficial owner of 2,036,700 shares of Common Stock as a result of being the managing member of TLG Capital. Additionally, Mr. Griffith is the sole beneficial owner of 29,750 shares of Common Stock. (b) Mr. Griffith is the beneficial owner of 6.5% of the outstanding shares of Common Stock, which such percentage is determined by dividing the aggregate number of shares of Common Stock beneficially held by the number of shares of Common Stock issued and outstanding, in the amount of 31,841,316 according to the Issuers Form 10-Q filed with the Securities and Exchange Commission on November 6, 2008. (c) Number of Shares as to which Mr. Griffith has: (i) Sole power to vote or direct the vote 29,750. (ii) Shared power to vote or to direct the vote 2,036,700. (iii) Sole power to dispose or direct the disposition of 29,750. (iv) Shared power to dispose or direct the disposition of 2,036,700. - ------------------------------------------------------------------------------ Item 5 Ownership of Five Percent or Less of a Class. Inapplicable. - ------------------------------------------------------------------------------ Item 6 Ownership of More Than Five Percent on Behalf of Another Person. Inapplicable. - ------------------------------------------------------------------------------ Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company. Inapplicable. - ------------------------------------------------------------------------------- Item 8 Identification and Classification of Members of the Group. Inapplicable. - ------------------------------------------------------------------------------- Item 9 Notice of Dissolution of Group. Inapplicable. - ------------------------------------------------------------------------------- Item 10 Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or nfluencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - ------------------------------------------------------------------------------ Exhibits Exhibit 1 Joint Filing Agreement dated February 12, 2009, between the TLG Partners, TLG Capital and Mr. Griffith. - ------------------------------------------------------------------------------ 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. Date: February 12, 2009. TLG Partners, L.P. By: TLG Capital Investment, LLC, its general partner By: /s/ Timothy Griffith Name: Timothy Griffith Title: Managing Member TLG Capital Investment, LLC By: /s/ Timothy Griffith Name: Timothy Griffith Title: Managing Member TIMOTHY GRIFFITH /s/ Timothy Griffith - ----------------------------------------------------------------------------- EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, par value $0.01 per share, of Interstate Hotels & Resorts, Inc. and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 12, 2009. TLG Partners, L.P. By: TLG Capital Investment, LLC, its general partner By: /s/ Timothy Griffith Name: Timothy Griffith Title: Managing Member TLG Capital Investment, LLC By: /s/ Timothy Griffith Name: Timothy Griffith Title: Managing Member TIMOTHY GRIFFITH /s/ Timothy Griffith -----END PRIVACY-ENHANCED MESSAGE-----