-----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, KrvRCNpuCZFUUCuyueHQXC/mLTQEw05greQgBq6WlvpFUktehQDnGbzLScr59qlm hc0GVfvjXenhyHerffBaOA== 0000899243-99-001256.txt : 19990615 0000899243-99-001256.hdr.sgml : 19990615 ACCESSION NUMBER: 0000899243-99-001256 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990610 GROUP MEMBERS: FERTITTA TILMAN J GROUP MEMBERS: HOSPITALITY ENTERTAINMENT LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LANDRYS SEAFOOD RESTAURANTS INC CENTRAL INDEX KEY: 0000908652 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 740405386 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42475 FILM NUMBER: 99643436 BUSINESS ADDRESS: STREET 1: 1400 POST OAK BLVD STREET 2: STE 1010 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 7138501010 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FERTITTA TILMAN J CENTRAL INDEX KEY: 0001080301 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: LANDRYS SEAFOOD RESTAURANTS INC STREET 2: 1400 POST OAK BLVD STE 1010 CITY: HOUSTON STATE: TX ZIP: 77056 MAIL ADDRESS: STREET 1: LANDRYS SEAFOOD RESTAURANTS INC STREET 2: 1400 POST OAK BLVD STE 1010 CITY: HOUSTON STATE: TX ZIP: 77056 SC 13D/A 1 AMENDMENT #2 TO SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2)* LANDRY'S SEAFOOD RESTAURANTS, INC. (Name of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securities) 51508L 10 3 (CUSIP Number) TILMAN J. FERTITTA 1400 POST OAK BLVD. SUITE 1010 HOUSTON, TEXAS 77056 (713) 850-1010 (Name, Address and Telephone Number of Person authorized to Receive Notices and Communications) with copies to: STEVEN L. SCHEINTHAL LANDRY'S SEAFOOD RESTAURANTS, INC. 1400 POST OAK BLVD., SUITE 1010 HOUSTON, TEXAS 77056 (713) 850-1010 MAY 19, 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 13-1(e), (f) or (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 Rule 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. 51508L 10 3 Page 1 of 8 SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 51508L 10 3 PAGE 2 OF 8 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tilman Fertitta - ###-##-#### - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 PF - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 3,710,000(1) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 2,090,000(2) ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 3,710,000(1) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 2,090,000(2) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 5,800,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 22% (See Item 5) - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. (1) Includes 800,000 shares subject to options that have not been exercised by Tilman J. Fertitta but which are exercisable within 60 days of the date hereof. (2) Because Tilman J. Fertitta ("Fertitta") has a 90% membership interest (his wife owns the remaining 10% membership interest) in Hospitality Entertainment, L.L.C. ("Hospitality") and, thus, controls Hospitality, Mr. Fertitta is deemed to share voting and dispositive power with Hospitality. SCHEDULE 13D - ----------------------- --------------------- CUSIP NO. 51508L 10 3 PAGE 3 OF 8 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Hospitality Entertainment, L.L.C. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ SOURCE OF FUNDS* 4 WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6 Texas - ------------------------------------------------------------------------------ SOLE VOTING POWER 7 NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8 OWNED BY 2,090,000(1) ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9 REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10 2,090,000(1) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 2,090,000(1) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 12 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 (See Item 5) 8.1% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 14 OO - ------------------------------------------------------------------------------ (1) Because Tilman J. Fertitta has a 90% membership interest (his wife owns the remaining 10% membership interest) in Hospitality Entertainment, L.L.C. ("Hospitality") and, thus, controls Hospitality, Mr. Fertitta is deemed to share voting and dispositive power with Hospitality. AMENDMENT NO. 2 TO SCHEDULE 13D This Amendment No. 2 amends and supplements the statement on Schedule 13D, as most recently amended by Amendment No. 1 dated May 7, 1999, filed by Tilman J. Fertitta and Hospitality Entertainment, L.L.C. with respect to the common stock, par value $.01 per share ("Common Stock") of Landry's Seafood Restaurants, Inc. ("Landry's"). Such Schedule 13D is hereby amended to add or revise information only to the items indicated. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. On May 19, 1999, Mr. Fertitta exercised his option to acquire 900,000 shares of the Common Stock of Landry's at $6.00 per share. Mr. Fertitta's exercise and acquisition of the Common Stock was made with his personal funds. Mr. Fertitta's total acquisition of shares of Common Stock was 900,000 shares for an aggregate purchase price of approximately $5,400,000. ITEM 4. PURPOSE OF THE TRANSACTION Mr. Fertitta is the founder of Landry's and is its current Chairman, Chief Executive Officer and President. Since Landry's inception he has been, directly or indirectly, Landry's largest individual stockholder. Depending upon market conditions and other matters he deems material, Mr. Fertitta may continue to acquire or dispose of additional shares of Landry's Common Stock, so long as it meets his personal investment criteria. Except as set forth in this Item 4, Mr. Fertitta does not have any present plans which would result in any of the actions enumerated in clauses (a)-(j) of Item 4 of Schedule 13(D). ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER. (A) AGGREGATE NUMBER AND PERCENTAGE OF SECURITIES BENEFICIALLY OWNED: Hospitality is the beneficial owner of 2,090,000 shares of Landry's Common Stock representing, 8.1% of the shares of Landry's Common Stock outstanding (based on the number of shares of Landry's Common Stock outstanding on May 28, 1999). Mr. Fertitta is the direct beneficial owner of 2,910,000 shares of Landry's Common Stock, and has options to acquire an additional 800,000 shares of Landry's Common Stock which are exercisable within 60 days hereof, and the indirect beneficial owner of 2,090,000 shares of Landry's Common Stock representing in the aggregate 22% of the shares of Landry's Common Stock outstanding (based on the number of shares of Landry's Common Stock outstanding on May 28, 1999). ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Mr. Fertitta was originally awarded (i) 600,000 options in 1995, which are fully vested and as of 1997 are at an exercise price of $12.875 a share, (ii) 150,000 options in 1996 which are fully vested at an exercise price of $14.00 a share, and (iii) 150,000 options in 1997 at an exercise price of $12.875 a share, of which 50,000 options are vested (the remaining 100,000 options shall vest in equal installments on January 1, 2000 and January 1, 2001). Based on the foregoing, Mr. Fertitta has the option to acquire up to 900,000 shares of Common Stock in Landry's of which, 800,000 options are vested and fully exercisable within sixty (60) days. See Item 3. ITEM 7. EXHIBITS 1. Joint Filing Agreement [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] [SIGNATURES APPEAR ON THE FOLLOWING PAGES] CUSIP No. 51508L 10 3 Page 4 of 8 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. May 28, 1999 ------------------------------- (Date) /s/ Tilman J. Fertitta ------------------------------- (Signature) CUSIP No. 51508L 10 3 Page 5 of 8 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. May 28, 1999 ------------------------------- (Date) HOSPITALITY ENTERTAINMENT, L.L.C. By: /s/ Tilman J. Fertitta ---------------------------------- Tilman J. Fertitta President CUSIP No. 51508L 10 3 Page 6 of 8 EX-1 2 JOINT FILING AGREEMENT EXHIBIT 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) of Regulation 13D-G of the Securities Exchange Act of 1934, the entities below agree to the joint filing on behalf of each of them of this Statement on Schedule 13D (including any and all amendments thereto) with respect to the Common Stock of Landry's Seafood Restaurants, Inc., and further agree that this Joint Filing Agreement is included as an Exhibit to such joint filing. In evidence thereof, the undersigned, being duly authorized, hereby execute this Agreement. HOSPITALITY ENTERTAINMENT, L.L.C. By: /s/ Tilman J. Fertitta ------------------------------------- Tilman J. Fertitta President /s/ Tilman J. Fertitta ------------------------------------- Tilman J. Fertitta -----END PRIVACY-ENHANCED MESSAGE-----