-----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, MI+gk+SbttNab0gWQsLip912S8iBMHy+aX8fvxzUflIY7L9GCzjrO0ahv0CY+e/R Ae35gyNh14FOIAEK1m2ODQ== 0000903112-99-000959.txt : 19990902 0000903112-99-000959.hdr.sgml : 19990902 ACCESSION NUMBER: 0000903112-99-000959 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990819 DATE AS OF CHANGE: 19990901 GROUP MEMBERS: CAPITAL TRUST INVESTORS LIMITED PARTNERSHIP GROUP MEMBERS: CRAIG M. HATKOFF GROUP MEMBERS: JOHN R. KLOPP GROUP MEMBERS: SAMSTOCK, L.L.C. GROUP MEMBERS: SAMUEL ZELL REVOCABLE TRUST U/T/A GROUP MEMBERS: SZ INVESTMENTS, LLC GROUP MEMBERS: V2 HOLDINGS LLC GROUP MEMBERS: VEQTOR FINANCE COMPANY, LLC GROUP MEMBERS: ZELL GENERAL PARTNERSHIP, INC. GROUP MEMBERS: ZELL SAMUEL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL TRUST INC CENTRAL INDEX KEY: 0001061630 STANDARD INDUSTRIAL CLASSIFICATION: 6162 IRS NUMBER: 946181186 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-56371 FILM NUMBER: 99703800 BUSINESS ADDRESS: STREET 1: 605 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2126550220 MAIL ADDRESS: STREET 1: BATTLE FOWLER LLP STREET 2: 75 E 55TH ST CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZELL SAMUEL CENTRAL INDEX KEY: 0001024193 STANDARD INDUSTRIAL CLASSIFICATION: FILING VALUES: FORM TYPE: SC 13D/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 13D/A 1 SCHEDULE 13D/A As filed with the Securities and Exchange Commission on August 19, 1999 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A (Amendment No. 3) Under the Securities Exchange Act of 1934 Capital Trust, Inc. - - -------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock - - -------------------------------------------------------------------------------- (Title of Class of Securities) 14052H100 - - -------------------------------------------------------------------------------- (CUSIP Number) Thomas E. Kruger, Esq. Michael L. Zuppone, Esq. Battle Fowler LLP 75 East 55th Street New York, NY 10022 (212) 856-7000 - - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 10, 1999 - - -------------------------------------------------------------------------------- (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(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 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. 866317.1 CUSIP No. 14052H100 SCHEDULE 13D - - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Veqtor Finance Company, L.L.C. - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 9,320,531 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 9,320,531 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,320,531 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.35% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Capital Trust Investors Limited Partnership (f/k/a CalREIT Investors Limited Partnership) - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / / - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Illinois - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH -0- ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,320,531 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.35% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SZ Investments, LLC - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 75,000 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 75,000 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,395,531 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.70% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Zell General Partnership, Inc. - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Illinois - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 75,000 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 75,000 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,395,531 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.70% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Samuel Zell Revocable Trust U/T/A December 17, 1990 - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Illinois - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 75,000 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 75,000 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,395,531 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.70% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME 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) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 122,997 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 122,997 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,443,528 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.82% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON V2 Holdings LLC - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH -0- ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,320,531 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.35% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON John R. Klopp - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 93,334 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 93,334 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,413,865 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.62% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Craig M. Hatkoff - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 101,334 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY 9,320,531 OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 101,334 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 9,320,531 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,421,865 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 42.65% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Samstock, L.L.C. - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF, BK - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 75,000 NUMBER OF ------------------------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY EACH ----------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 75,000 ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 75,000 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .47% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 866317.1 CUSIP No. 14052H100 SCHEDULE 13D This Amendment No. 3 to Schedule 13D ("Amendment No. 3"), which is filed pursuant to rule 13d-2(a) under the Securities Exchange Act of 1934, as amended, amends and supplements the Schedule 13D, dated July 15, 1997, as filed with the Securities and Exchange Commission (the "SEC") on July 25, 1997, as amended by Amendment No. 1, as filed with the SEC on December 22, 1997, as amended by Amendment No. 2, as filed with the SEC on July 2, 1998 (as amended, the "Schedule 13D"), which was filed by (i) Veqtor Finance Company, L.L.C., a Delaware limited liability company ("VFC"); (ii) Capital Trust Investors Limited Partnership (f/k/a CalREIT Investors Limited Partnership), an Illinois limited partnership and a managing member of VFC ("CTILP"); (iii) SZ Investments, LLC, a Delaware limited liability company and the sole general partner of CTILP, ("SZI"); (iv) Zell General Partnership, Inc., an Illinois corporation and the sole managing member of SZI ("Zell GP"); (v) the Samuel Zell Revocable Trust, a trust formed under Illinois law pursuant to a trust agreement, dated December 17, 1990, and the sole stockholder of Zell GP ("Zell Trust"); (vi) Mr. Samuel Zell, a citizen of the United States and the trustee of Zell Trust; (vii) V2 Holdings LLC, a Delaware limited liability company and a member of VFC ("V2H"); (viii) Mr. John R. Klopp, a citizen of the United States and a member of V2H; and (ix) Craig M. Hatkoff, a citizen of the United States and a member of V2H, with respect to the ownership of class A common shares of beneficial interest, $1.00 par value (the "Class A Common Shares"), in Capital Trust, a California business trust (the "Issuer"). All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Schedule 13D. Item 1. Security and Issuer. Item 1 is amended and supplemented by adding the following: On January 28, 1999, the Issuer was reorganized into Capital Trust, Inc., a Maryland corporation whereupon each Class A Common Share was converted into one share of class A common stock, par value $.01 per share, of Capital Trust, Inc. This statement therefore now relates to the shares of class A common stock, par value $.01 per share ("Class A Common Stock"), of Capital Trust, Inc. (hereinafter the "Issuer"), whose principal office is located at 605 Third Avenue, 26th Floor, New York, New York 10016. Item 2. Identity and Background Item 2 is amended and supplemented by adding the following: This statement is also filed by Samstock, L.L.C., a Delaware limited liability company ("Samstock"). The sole member of Samstock is SZI. Hereinafter, the previously defined term "Reporting Persons" shall include for all purposes Samstock. The principal place of business of Samstock is c/o Equity Group Investments, Inc., Two North Riverside Plaza, Chicago, Illinois 60606. The principal business purpose of Samstock is investment in securities. Samstock has not, during the last five years (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a 1 866317.1 CUSIP No. 14052H100 SCHEDULE 13D judgment, decree or final order enjoining future violations of, or prohibiting activities subject to, federal or state securities laws or finding any violation of such laws. Item 5. Interest in Securities of the Issuer. Item 5 is amended by amending and restating paragraphs (a) , (b) and (c) in their entirety as follows: (a) and (b) The aggregate percentage of shares of Class A Common Stock reported beneficially owned by the Reporting Persons is based upon 16,059,199 shares of Class A Common Stock which reflects a deduction (as a result of the redemption) of 2,293,784 shares from the 18,352,983 outstanding shares as reported in the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 1999. The Reporting Persons as a group beneficially own 9,638,196 shares of Class A Common Stock, including (i) 3,476,706 outstanding shares of Class A Stock; (ii) 5,946,825 shares of Class A Common Stock issuable upon conversion of 5,946,825 shares of class A 9.5% cumulative convertible preferred stock, par value $.01 per share, of the Issuer ("Class A Preferred Stock") and; (iii) 214,665 shares of stock issuable upon exercise or conversion of outstanding stock options and stock units. The foregoing shares represent approximately 43.37% of the outstanding shares of Class A Common Stock (calculated in accordance with Rule 13d-3). VFC holds of record and thereby directly beneficially owns and has the sole power to vote and dispose of the foregoing shares of Class A Common Stock (and the shares of Class A Common Stock into which the shares of Class A Preferred Stock may be converted (the "VFC Reported Shares"). CTILP, SZI, Zell GP, Zell Trust, Mr. Zell, V2H, Mr. Klopp and Mr. Hatkoff share the indirect power to vote or dispose of the VFC Reported Shares that are beneficially owned directly by VFC. Mr. Hatkoff beneficially owns and has the sole power to vote and dispose of 18,000 outstanding shares of Class A Common Stock. Mr. Hatkoff beneficially owns and will have the sole power to vote and dispose of 83,334 shares of Class A Common Stock issuable upon the exercise of options to purchase shares of Class A Common Stock that are, or become within 60 days, vested and exercisable. Mr. Klopp beneficially owns and has the sole power to vote and dispose of 10,000 outstanding shares of Class A Common Stock. Mr. Klopp beneficially owns and will have the sole power to vote and dispose of 83,334 shares of Class A Common Stock issuable upon the exercise of options to purchase Class A Common Shares that are, or become within 60 days, vested and exercisable. Samstock directly beneficially owns and has the sole power to vote and dispose of 75,000 shares of Class A Common Stock ("Samstock Reported Shares"). SZI, Zell GP, Zell Trust and Mr. Zell have the indirect power to vote or dispose of the Samstock Reported Shares that are beneficially owned directly by Samstock. Mr. Zell beneficially owns and will have the sole power to vote and dispose of 47,997 shares of Class A Common Stock issuable upon the exercise or conversion of options to purchase and stock units that are convertible into shares of Class A Common Stock that are, or become within 60 days, vested and exercisable. (c) On August 10, 1999, VFC consummated the redemption of the outstanding preferred units of limited liability company interests in VFC. In the redemption, the preferred units in VFC were redeemed in exchange for: (i) 1,292,103 shares of Class A Common Stock, (ii) 2,293,784 shares of class B common stock, par value $0.01 per share, of the Issuer, into which an equal number of shares of Class A Common Stock were converted, (iii) 2,277,585 shares of Class A Preferred Stock and (iv) 4,043,248 shares of class B 9.5% cumulative convertible non-voting preferred stock, par value $0.01 per share, of the Issuer, into which an equal number of shares of Class A Preferred Stock were converted, which shares of stock of the Issuer were distributed to the redeemed holders of preferred units according to their respective ownership interests in VFC. The preferred units in VFC were canceled upon consummation 2 866317.1 CUSIP No. 14052H100 SCHEDULE 13D of the redemption and no other consideration was paid by the redeemed holders for the shares of stock of the Issuer distributed to them. Item 6. Contracts, Arrangements, Understandings or Relationships with respect to Securities of the Issuer. Item 6 is amended and supplemented by adding the following: Consistent with the agreement made in connection with the Public Offering, VFC intends to convert the remaining 5,946,825 shares of Class A Preferred Stock held by Veqtor after the redemption described in Item 5 into the same number of shares of Class A Common Stock prior to the next dividend declaration date whereupon VFC will directly beneficially own 9,320,531 shares of Class A Common Stock. Item 7. Material to be filed as Exhibits. Item 7 is hereby amended and supplemented by adding the following Exhibit No. Description ----------- ----------- 1. Joint Filing Agreement and Power of Attorney by Veqtor Finance Company, L.L.C. and Samstock, L.L.C., dated August 19, 1999. 3 866317.1 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct and agrees that this statement may be filed jointly with the other undersigned party. Dated: August 19, 1999 4 866317.1 Veqtor Finance Company, L.L.C. By: Capital Trust Investors Limited Partnership its managing member By: SZ Investments, LLC its general partner By: Zell General Partnership, Inc., its managing member By: /s/ Donald J. Liebentritt ----------------------------------- Name: Donald J. Liebentritt Title: Vice President By: V2 Holdings LLC its managing member By: John R. Klopp its member /s/ John R. Klopp --------------------- John R. Klopp Capital Trust Investors Limited Partnership By: SZ Investments, LLC its general partner By: Zell General Partnership, Inc., its managing member By: * ------------------------------- Name: Samuel Zell Title: President SZ Investments, LLC By: Zell General Partnership, Inc. its managing member By: * ------------------------------- Name: Samuel Zell Title: President 5 866317.1 Zell General Partnership, Inc. By: * ------------------------------- Name: Samuel Zell Title: President Samuel Zell Revocable Trust By: * ------------------------------- Name: Samuel Zell Title: Trustee Samuel Zell * ------------------------------- Samuel Zell Samstock, L.L.C. By: SZ Investments, LLC, its member By: Zell General Partnership, Inc. its managing member By: * ------------------------------- Name: Samuel Zell Title: President V2 Holdings LLC By: John R. Klopp its member /s/ John R. Klopp ----------------------------- John R. Klopp John R. Klopp /s/ John R. Klopp ----------------------------- John R. Klopp 6 866317.1 Craig M. Hatkoff * ----------------------------- Craig M. Hatkoff * By /s/ John R. Klopp ----------------------------- John R. Klopp Attorney-in-Fact 7 866317.1 EX-1 2 JOINT FILING AGREEMENT AND POWER OF ATTORNEY Exhibit 1 JOINT FILING AGREEMENT AND POWER OF ATTORNEY (a) Joint Filing. Each of the undersigned persons does hereby agree with Capital Trust Investors Limited Partnership, SZ Investments, LLC, Zell General Partnership, Inc., Samuel Zell Revocable Trust, Samuel Zell, V2 Holdings LLC, John R. Klopp and Craig M. Hatkoff to jointly file with the Securities and Exchange Commission a Schedule 13D on behalf of each of them with respect to their beneficial ownership of shares of class A common stock, par value $.01 per share, of Capital Trust, Inc. (b) Power of Attorney. Know all persons by these presents that each person whose signature appears below constitutes and appoints Samuel Zell and John R. Klopp, and each of them, as his true and lawful attorneys-in-fact and agents with full power of substitution and resubstitution, for such person and in such person's name, place and stead, in any and all capacities, to sign any and all amendments to the Schedule 13D filed on behalf of each of them with respect to their beneficial ownership of securities of Capital Trust, Inc., and to file the same, with all exhibits thereto and all documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or such person or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof. Dated: August 19, 1999 Veqtor Finance Company L.L.C. By: Capital Trust Investors Limited Partnership By: SZ Investments, LLC its general partner By: Zell General Partnership, Inc., its managing member By:/s/ Donald J. Liebentritt -------------------------------- Name: Donald J. Liebentritt Title: Vice President By: V2 Holdings LLC By: John R. Klopp its member /s/ John R. Klopp ---------------------- John R. Klopp 866317.1 Samstock, L.L.C. By: SZ Investments, LLC By: Zell General Partnership, Inc. its managing member By:/s/ Donald J. Liebentritt -------------------------------- Name: Donald J. Liebentritt Title: Vice President 2 866317.1 -----END PRIVACY-ENHANCED MESSAGE-----