-----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, FY0jcOKMVT1rnXQCtAhaH6LaUO8UHuFihHPA8egyJVwyMnRBp4QKzCDdUEbWMAwu CYV26gaNffoyDd8IkJ5Xkw== 0000950168-98-002874.txt : 19980828 0000950168-98-002874.hdr.sgml : 19980828 ACCESSION NUMBER: 0000950168-98-002874 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980817 FILED AS OF DATE: 19980827 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FORTRESS GROUP INC CENTRAL INDEX KEY: 0001010607 STANDARD INDUSTRIAL CLASSIFICATION: GEN BUILDING CONTRACTORS - RESIDENTIAL BUILDINGS [1520] IRS NUMBER: 541774997 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-28024 FILM NUMBER: 98699311 BUSINESS ADDRESS: STREET 1: 1650 TYSONS BLVD STREET 2: SUITE 600 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 7034424545 MAIL ADDRESS: STREET 1: 1650 TYSONS BLVD STREET 2: SUITE 600 CITY: MCLEAN STATE: VA ZIP: 22102 COMPANY DATA: COMPANY CONFORMED NAME: LF STRATEGIC REALTY INVESTORS II L P CENTRAL INDEX KEY: 0001068296 STANDARD INDUSTRIAL CLASSIFICATION: [] OTHER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 0 STREET 2: THIRTY ROCKEFELLER PLAZA 63RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2129061762 4 1 PROMETHEUS HOMEBUILDERS LLC FORM 4 - -------------------------------------------------------------------------------- FORM 4 - -------------------------------------------------------------------------------- OMB APPROVAL - -------------------------------------------------------------------------------- OMB NUMBER 3235-0287 - -------------------------------------------------------------------------------- EXPIRES:SEPTEMBER 30, 1998 - -------------------------------------------------------------------------------- ESTIMATED AVERAGE BURDEN - -------------------------------------------------------------------------------- HOURS PER RESPONSE.....0.5 - -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(B). (PRINT OR TYPE RESPONSES) - --------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or 6. Relationship of Reporting Person(s) to Issuer Prometheus Homebuilders LLC Trading Symbol (Check all applicable) ("Prometheus") The Fortress Group, Inc. (NASD: LF Strategic Realty Investors II FRTG) ______ Director X 10% Owner L.P. ("LFSRI II") ------- - -------------------------------------------------------------------- ______ Officer _______ Other (Last) (First) (Middle) 3. IRS 4. Statement (give title below) (specify below) Identification for Number of Month/Year Reporting 8/98 Person, if an entity Thirty Rockefeller Plaza, 63rd (Voluntary) Floor - ----------------------------------------------------------------------------------------------------------------------------- 5. If 7. Individual or Joint/Group Filing (Check Applicable (Street) Amendment, Line) Date of ___ Form filed by One Reporting Person Original X Form filed by More than One Reporting New York NY 10020 (Month/Year) Person - ------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I-- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2.Transaction 3.Transaction 4. Securities 5. Amount 6.Ownership 7. Nature of (Instr. 3) Date Code Acquired (A) of Form: Indirect (Instr.8) or Disposed Securities Direct (D) Beneficial (Month/Day/Year) of (D) Beneficially or Ownership . (Instr. 3, 4 Owned Indirect (Instr. 4) and 5) at End (I) of Month (Instr. 4) (Instr. 3 and 4) ------------------------------- Code V Amount (A) Price or (D) - ------------------------------------------------------------------------------------------------------------------------------ S D and I See See (1) Common Stock 8/17/98 (1). 898,845 D $5.50/sh 898,845 below. See (1) below. ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- ----------------- ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- ----------------- ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- ----------------- ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- ----------------- ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- ----------------- ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- ----------------- ------------------------ ------------------ ------ ---- ---- --- ---- ---------- ------------- -----------------
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) *If the form is filed by more than one reporting person, SEE Instruction 4(b)(v) SEC 1474 (7-97) FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ---------------------------------------------------------------------------------------------------------------------------------- 1.Title of 2.Conversion 3. Trans- 4.Trans- 5. Number of 6. Date 7.Title and 8.Price 9. Number 10.Ownership 11.Nature Derivative or action action Derivative Exercisable Amount of of of Form of of Security Exercise Date Code Securities and Underlying Derivative Derivative Derivative Indirect (Instr. 3) Price (Month (Instr. Acquired Expiration Securities Security Securities Security: Benefi- of Day/ 8) (A) or (Instr. 3 Benefi- Direct cial Derivative Year Disposed Date and 4) (Instr. cially (D) or Owner- Security (D) (Month/Day/ 5) Owned at Indirect ship Year) End of (I) (Instr. (Instr. 3, Month (Instr. 4) 4 and 5) (Instr. 4) ---------------------------------------------- 4) Amount or Expira- Expira- Number tion tion of Code V (A) (D) Date Date Shares - ------------------------------------------------------------------------------------------------------------------------------ Class AA $6.00 (2) 8/17/98 J 40,000 3/6/98 None Common 6,666,667 $1000 40,000 D and I Convertible See See Stock See (1) See (1) See (1) Preferred Stock (1) (1) below. below below. below. below - ------------------------------------------------------------------------------------------------------------------------------ Warrants $7.00 8/17/98 J 375,000 9/30/66 9/30/04 Common 1,000,000 $0.00 375,000 D and I See See Stock See (1) See (1) See (1) (1) (1) below below below. below below - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) Prometheus is the direct owner of the interest in the Issuer. Prometheus has three managing members: LFSRI II is a 86.1592% managing member, LFSRI II Alternative Partnership L.P. ("Alternative") is a 10.3806% managing member and LFSRI II-CADIM Alternative Partnership L.P. ("CADIM") is a 3.4602% managing member. As a consequence of the foregoing, LFSRI II, Alternative and CADIM each have an indirect interest in the Issuer, as described above. (2) Subject to certain adjustments as set forth in the Class AA Convertible Preferred Stock Certificate of Designation.
** Intentional misstatements or omissions of /s/ Murry N. Gunty 8/27/98 facts constitute Federal Criminal Violations. ---------------------------------------------------------------------- SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a) ** Signature of Reporting Person Date Murry N. Gunty Note: File three copies of this Form, one Principal, of which must be manually signed. If space is insufficient, SEE Lazard Freres Real Estate Investors L.L.C., Instruction 6 for procedure. as general partner of LF Strategic Realty Investors II L.P., as one managing member of Prometheus Homebuilders L.L.C., - ---------------------------------------------------------------------------------------------------------------------------- Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 SEC 1474 (7-97)
FORM 4 (ATTACHMENT) REPORTING PERSONS: PROMETHEUS HOMEBUILDERS LLC AND LF STRATEGIC REALTY INVESTORS II L.P. ISSUER NAME: THE FORTRESS, GROUP, INC. (NASD: FRTG) MONTHLY PERIOD: AUGUST 1998 ALL REPORTING PERSONS: LF Strategic Realty Investors II L.P. Lazard Freres Thirty Rockefeller Plaza, 63rd Floor New York, New York 10020 LFSRI II Alternative Partnership L.P. c/o Lazard Freres Thirty Rockefeller Plaza, 63rd Floor New York, New York 10020 LFSRI II-CADIM Alternative Partnership L.P. c/o Lazard Freres Thirty Rockefeller Plaza, 63rd Floor New York, New York 10020 NY_DOCS\270440.1 -----END PRIVACY-ENHANCED MESSAGE-----