-----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, KThFhLEyH4oBlIlxRGtL5zMRlSn8SF01Wj9lvxJEdqPIz1YRoImG8MXz72ig9CQF TEWttfr7o3dx0XlCA31hvg== 0000950168-98-003199.txt : 19981009 0000950168-98-003199.hdr.sgml : 19981009 ACCESSION NUMBER: 0000950168-98-003199 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980929 FILED AS OF DATE: 19981008 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KONOVER PROPERTY TRUST INC CENTRAL INDEX KEY: 0000899757 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 561819372 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-11998 FILM NUMBER: 98722683 BUSINESS ADDRESS: STREET 1: 11000 REGENCY PARKWAY 3RD FLOOR STREET 2: EAST TOWER SUITE 300 CITY: CARY STATE: NC ZIP: 27511 BUSINESS PHONE: 9194628787 MAIL ADDRESS: STREET 1: 11000 REGENCY PKWY 3RD FLOOR STREET 2: EAST TOWER SUITE 300 CITY: CARY STATE: NC ZIP: 27511 FORMER COMPANY: FORMER CONFORMED NAME: FAC REALTY TRUST INC DATE OF NAME CHANGE: 19980217 FORMER COMPANY: FORMER CONFORMED NAME: FAC REALTY INC DATE OF NAME CHANGE: 19970618 FORMER COMPANY: FORMER CONFORMED NAME: FACTORY STORES OF AMERICA INC DATE OF NAME CHANGE: 19930403 COMPANY DATA: COMPANY CONFORMED NAME: LFSRI II ALTERNATIVE PARTNERSHIP L P CENTRAL INDEX KEY: 0001068298 STANDARD INDUSTRIAL CLASSIFICATION: [] OTHER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: LAZARD FRERES STREET 2: THIRTY ROCKEFELLER PLAZA 63RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2129061762 4 1 LFSRI II ALTERNATIVE PARTNERSHIP 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL [ ] CHECK THIS BOX IF NO LONGER WASHINGTON, D.C. 20549 OMB NUMBER 3235-0287 SUBJECT TO SECTION 16. FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP EXPIRES:SEPTEMBER 30, 1998 OR FORM 5 OBLIGATIONS MAY ESTIMATED AVERAGE BURDEN CONTINUE. SEE INSTRUCTION 1(B). HOURS PER RESPONSE.....0.5 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 (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 Southeast Retail Trust ("Trust") Trading Symbol (Check all applicable) Prometheus Southeast Retail LLC Konover Property Trust, Inc. ______ Director ______10% Owner ("Prometheus") (NYSE:KPT) LF Strategic Realty Investors II L.P. (formerly FAC Realty Trust, Inc. ("LFSRI II") (NYSE:FAC) ______ Officer ___X___ Other LFSRI II Alternative Partnership L.P. (give title below) (specify below) ("Alternative") LFSRI II- CADIM Alternative Partnership L.P. ("CADIM") See (1) and (2) below - ------------------------------------------------------------------------------------------------------------------------------------ (Last) (First) (Middle) 3. IRS 4. Statement Identification for Number of Month/Year Reporting 9/98 Person, if an entity c/o LF Strategic Realty Investors II L.P. (Voluntary) Lazard Freres Thirty Rockefeller Plaza, 63rd Floor - ----------------------------------------------------------------------------------------------------------------------------- (Street) 5. If 7. Individual or Joint/Group Filing (Check Applicable Amendment, Line) Date of ___ Form filed by One Reporting Person Original X Form filed by More than One Reporting Person New York NY 10020 (Month/Year) - ------------------------------------------------------------------------------------------------------------------------------ (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) - ---------------------------------------------------------------------------------------------------------------------------------- D and I See (1)-(3) See (1)(2) Common Stock 9/29/98 below. 10,526,316 A $9.50/sh 21,052,632 and (3) below. -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ---------- -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ---------- -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ---------- -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ---------- -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ---------- -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ---------- -------------------------- ------------------- ------ --------------- ---- --------- -------------- ------------- ----------
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) 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 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 of (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- Number Date tion of Code V (A) (D) Exercisable Date Title Shares - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: (1) Trust is the direct owner of the interest in the Issuer and Trust is solely owned by Prometheus. Prometheus has three managing members: LFSRI II is a 86.1592% managing member, Alternative is a 10.3806% managing member and CADIM is a 3.4602% managing member. As a consequence of the foregoing, Prometheus, LFSRI II, Alternative and CADIM each have an indirect interest in the Issuer, as described above. (2) Following the approval of the holders of the requisite number of shares of outstanding Common Stock of the Issuer, Trust acquired 8,176,316 shares of Common Stock from the Issuer (the"Second Closing"). As a consequence of the foregoing, as of August 10, 1998, Trust had a direct interest in 10,526,316 shares of the Issuer and Prometheus, LFSRI II, Alternative and CADIM each had an indirect interest in 10,526,316 shares of the Issuer. (3) Following the Second Closing, the Issuer was obligated to sell to Trust at one or more subsequent closings (the"Subsequent Purchase") an aggregate of 10,526,316 shares of Common Stock. The Subsequent Purchases for all of the 10,526,316 shares occurred on September 29, 1998.
** Intentional misstatements or omissions of /s/ Murry N. Gunty 10/8/98 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., LFSRI II Alternative Partnership L.P. and LFSRI II - CADIM Alternative Partnership L.P. as one managing member of Prometheus Southeast Retail L.L.C., as sole shareholder of Prometheus Southeast Retail Trust - ---------------------------------------------------------------------------------------------------------------------------- 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
FORM 4 (ATTACHMENT) REPORTING PERSONS: PROMETHEUS SOUTHEAST RETAIL TRUST,PROMETHEUS SOUTHEAST RETAIL L.L.C., LF STRATEGIC REALTY INVESTORS II L.P., LFSRI II ALTERNATIVE PARTNERSHIP L.P. AND LFSRI II - CADIM ALTERNATIVE PARTNERSHIP L.P. ISSUER NAME: KONOVER PROPERTY TRUST, INC. (NYSE: KPT) FORMERLY FAC REALTY TRUST, INC. (NYSE: FAC) MONTHLY PERIOD: SEPTEMBER 1998
ALL REPORTING PERSONS: Name and Address of Reporting Person Issuer Name and Ticker Statement for Month/Year - -------------------------------------------------------------------------------------------------------------------------------- Prometheus Southeast Retail Trust Konover Property Trust, 9/98 c/o LF Strategic Realty Investors II L.P. Inc. (NYSE: KPT) Lazard Freres (formerly known as FAC Realty Trust, Inc. Thirty Rockefeller Plaza, 63rd Floor (NYSE: FAC) New York, New York 10020 Prometheus Southeast Retail Trust LLC Konover Property Trust, 9/98 c/o LF Strategic Realty Investors II L.P. Inc. (NYSE: KPT) Lazard Freres (formerly known as FAC Realty Trust, Inc. Thirty Rockefeller Plaza, 63rd Floor (NYSE: FAC) New York, New York 10020 LF Strategic Realty Investors II L.P. Konover Property Trust, 9/98 Lazard Freres Inc. (NYSE: KPT) Thirty Rockefeller Plaza, 63rd Floor (formerly known as FAC Realty Trust, Inc. New York, New York 10020 (NYSE: FAC) LFSRI II Alternative Partnership L.P. Konover Property Trust, 9/98 Lazard Freres Inc. (NYSE: KPT) Thirty Rockefeller Plaza, 63rd Floor (formerly known as FAC Realty Trust, Inc. New York, New York 10020 (NYSE: FAC) LFSRI II-CADIM Alternative Partnership L.P. Konover Property Trust, 9/98 Lazard Freres Inc. (NYSE: KPT) Thirty Rockefeller Plaza, 63rd Floor (formerly known as FAC Realty Trust, Inc. New York, New York 10020 (NYSE: FAC)
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