-----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, EOEWSSRcKqqY6V8XUUOvQ5G5J5elQ/sO3XQGx0gfmS6R6PMEgNnl0DmRl5xNRzkg HjSYBYwyryEOpUy+GbWvqg== 0000919574-99-000560.txt : 19990315 0000919574-99-000560.hdr.sgml : 19990315 ACCESSION NUMBER: 0000919574-99-000560 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990312 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIZELER PROPERTY INVESTORS INC CENTRAL INDEX KEY: 0000805419 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 721082589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-38038 FILM NUMBER: 99564122 BUSINESS ADDRESS: STREET 1: 2542 WILLIAMS BLVD CITY: KENNER STATE: LA ZIP: 70062 BUSINESS PHONE: 5044716200 MAIL ADDRESS: STREET 2: 2542 WILLIAMS BLVD CITY: KENNER STATE: LA ZIP: 70062 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DEER ISLE PARTNERS LP CENTRAL INDEX KEY: 0001031122 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 860 FIFTH AVE STE 19A CITY: NEW YORK STATE: NY ZIP: 10021 MAIL ADDRESS: STREET 1: 860 FIFTH AVE STE 19A CITY: NEW YORK STATE: NY ZIP: 10021 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment No.: * Name of Issuer: Sizeler Property Investors, Inc. Title of Class of Securities: Common Stock, $0.01 par value CUSIP Number: 830137105 (Date of Event Which Requires Filing of this Statement) March 5, 1999 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) *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 the disclosures provided in a prior cover page. The information required in 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 Number: 830137105 1. Name of Reporting Person I.R.S. Identification No. of Above Person David M. Brown 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Citizenship or Place of Organization U.S. Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 18,000 6. Shared Voting Power: 462,800 7. Sole Dispositive Power: 18,000 8. Shared Dispositive Power: 462,800 9. Aggregate Amount Beneficially Owned by Each Reporting Person 480,800 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 2 11. Percent of Class Represented by Amount in Row (9) 6.0% 12. Type of Reporting Person IN 3 CUSIP Number: 830137105 1. Name of Reporting Person I.R.S. Identification No. of Above Person Deer Isle Management, L.L.C. 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 6. Shared Voting Power: 405,700 7. Sole Dispositive Power: 8. Shared Dispositive Power: 405,700 9. Aggregate Amount Beneficially Owned by Each Reporting Person 405,700 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 4 11. Percent of Class Represented by Amount in Row (9) 5.1% 12. Type of Reporting Person CO 5 CUSIP Number: 830137105 1. Name of Reporting Person I.R.S. Identification No. of Above Person Deer Isle Partners, L.P. 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 6. Shared Voting Power: 405,700 7. Sole Dispositive Power: 8. Shared Dispositive Power: 405,700 9. Aggregate Amount Beneficially Owned by Each Reporting Person 405,700 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 6 11. Percent of Class Represented by Amount in Row (9) 5.1% 12. Type of Reporting Person PN 7 Item 1(a) Name of Issuer: Sizeler Property Investors, Inc. (b) Address of Issuer's Principal Executive Offices: 2542 Williams Boulevard Kenner, Louisiana 70062 Item 2(a) - (c). Name, Principal Business Address, and Citizenship of Persons Filing: David M. Brown Deer Isle Management, L.L.C. Deer Isle Partners, L.P. 860 Fifth Avenue Suite 19A New York, New York 10021 David M. Brown - United States citizen Deer Isle Management, L.L.C. - Delaware limited liability company Deer Isle Partners, L.P. - Delaware limited partnership (d) Title of Class of Securities: Common Stock, $0.01 par value (e) CUSIP Number: 830137105 Item 3. If this statement is filed pursuant to Rule 13d-1(b)(1) or 13d-2(b) or (c) check whether the person filing is: (a) / / Broker or dealer registered under Section 15 of the Act, (b) / / Bank as defined in Section 3(a)(6) of the Act, (c) / / Insurance Company as defined in Section 3(a)(19) of the Act, (d) / / Investment Company registered under Section 8 of the Investment Company Act, (e) / / Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, 8 (f) / / Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund, (g) / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G), (h) / / Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) / / Church plan excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, (j) / / Group, in accordance with Rule 13d- 1(b)(1)(ii)(H). If this statement is filed pursuant to Rule 13d-1(c), check this box. /X/ Item 4. Ownership. (a) Amount Beneficially Owned: 480,800 shares owned by David M. Brown; 405,700 shares owned by Deer Isle Management, L.L.C. and Deer Isle Partners, L.P. (b) Percent of Class: 6.0% by David M. Brown; 5.1% by Deer Isle Management, L.L.C. and Deer Isle Partners, L.P. (c) David M. Brown: 18,000 shares with sole power to vote or to direct the vote; 462,800 shares with shared power to vote or to direct the vote; 18,000 shares with sole power to dispose or to direct the disposition of; 462,800 shares with shared power to dispose of or to direct the disposition of Deer Isle Management, L.L.C. and Deer Isle Partners, L.P.: 0 shares with sole power to vote or to direct the vote; 405,700 shares with shared power to vote or to direct the vote; 0 shares with sole power to dispose or to direct the disposition of; 405,700 shares with shared power to dispose of or to direct the disposition of 9 Item 5. Ownership of Five Percent or Less of a Class. N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported by the Parent Holding Company. N/A Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of the Group. N/A Item 10. Certification for Rule 13d-1(c): 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 influencing 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. 10 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. DEER ISLE PARTNERS, L.P. By: Deer Isle Management, L.L.C., General Partner By: /s/ David M. Brown ______________________ David M. Brown, Managing Member DEER ISLE MANAGEMENT, L.L.C. By: /s/ David M. Brown ______________________ David M. Brown, Managing Member DAVID M. BROWN /s/ David M. Brown ______________________ March 11, 1999 11 01688001.AD2 Exhibit A AGREEMENT The undersigned agree that this Schedule 13G dated March 11, 1999 relating to the Common Stock of Sizeler Property Investors, Inc. shall be filed on behalf of the undersigned. DEER ISLE PARTNERS, L.P. By: Deer Isle Management, L.L.C., General Partner By: /s/ David M. Brown ______________________ David M. Brown, Managing Member DEER ISLE MANAGEMENT, L.L.C. By: /s/ David M. Brown ______________________ David M. Brown, Managing Member DAVID M. BROWN /s/ David M. Brown ______________________ David M. Brown 01688001.AD2 -----END PRIVACY-ENHANCED MESSAGE-----