UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 2049
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Zazove Associates, LLC
Address: 940 Southwood Blvd.
Suite 200
Incline Village, NV 89401
13F File Number: 28-5338
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person signing
the report is authorized to submit it, that all information contained
herein is true, correct and complete, and that it is understood that
all required items, statements, schedules, lists, and tables, are
considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Steven M. Kleiman
Title: Chief Operating Officer
Phone: (773) 283-8822
Signature, Place, and Date of Signing:
Steven M. Kleiman Chicago, Illinois August 11, 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
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Form 13 F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 93
Form 13F Information Table Value Total: $633,245
List of Other Included Managers: None
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VALUE SHARES/ SH/ PUT/ INVSTMT OTHER Voting Authority (Shares)
NAME OF ISSUER TITLE OF CLASS CUSIP (1000s) PRN AMT PRN DSCRETN Mgrs a) Sole b) Shared c) None
CNF Trust I $2.500 TE CONS SER A 12612V205 7,249 184,100 SH Sole 184,100 0 0
Crescent Real Estate PFD CV A 6.75% 225756204 1,388 88,800 SH Sole 88,800 0 0
Emmis Communications Corp PFD CV SER A 291525202 6,272 105,185 SH Sole 105,185 0 0
Equity Residential Prop PFD CONV E 7% 29476L883 7,326 284,500 SH Sole 284,500 0 0
Freeport McMoran Copper PFD CV 0.05 SH 35671D501 696 52,250 SH Sole 52,250 0 0
Metromedia Int'l Group, I PFD CONV% 591695200 11,911 425,400 SH Sole 425,400 0 0
National Australia Bank CAP UTS EXCH BL 632525309 14,026 495,400 SH Sole 495,400 0 0
Prologis Trust PFD CV SBI B 743410300 8,283 303,975 SH Sole 303,975 0 0
Simon Property Group Inc. PFD CV B 6.50% 828806406 7,727 114,900 SH Sole 114,900 0 0
Sovereign Capital Trust UNIT EX 111229 845905306 7,654 165,500 SH Sole 165,500 0 0
Treev PIK $0.84 PFD CONV SER A 894692201 9,653 603,300 SH Sole 603,300 0 0
Orix Corporation NT CONV 0.375%05 686330AA9 689 486,475 PRN Sole 0 0 0
ACT Manufacturing SBNTCV 144A 7%07 000973AA5 4,199 3,400,000 PRN Sole 0 0 0
AES Corportaion JRSBDBCV 4.5%05 00130HAN5 9,659 5,500,000 PRN Sole 0 0 0
AMF Bowling DEB CV ZERO 18 03113VAB5 463 16,100,000 PRN Sole 0 0 0
APP Finance VI Mauritius LYONS NT ZERO 12 00202NAA3 6,650 40,300,000 PRN Sole 0 0 0
Action Performance Comp. SBNTCV 4.75%05 004933AB3 174 500,000 PRN Sole 0 0 0
Advanced Energy SUBNTCV 5.25%06 007973AA8 6,044 4,450,000 PRN Sole 0 0 0
Affiliated Computer Serv SB NT CV 4%05 008190AD2 9,815 10,034,000 PRN Sole 0 0 0
Alpharma, Inc. SRSBNTCV 3%06 020813AD3 6,764 3,400,000 PRN Sole 0 0 0
Alpharma, Inc. SB NT CV 5.75%05 020813AB7 5,268 2,400,000 PRN Sole 0 0 0
Alza Corp. SUB DB CONV 5%06 022615AD0 4,639 3,000,000 PRN Sole 0 0 0
American Tower Corp. NT CV 2.25%09 029912AD4 2,600 2,000,000 PRN Sole 0 0 0
At Home Corp. SBNTCV 144A 06 045919AD9 529 750,000 PRN Sole 0 0 0
Atrix Laboratories, Inc. SUB NT CONV 7%04 04962LAC5 2,374 3,000,000 PRN Sole 0 0 0
Aviron SB NT CV 5.75%05 053762AC4 6,299 5,700,000 PRN Sole 0 0 0
BankAtlantic Bancorp, Inc SBDVCV 6.75%06 065908AB1 4,418 5,137,000 PRN Sole 0 0 0
BankAtlantic Bancorp, Inc SBDBCV 5.625%07 065908AC9 11,709 17,808,803 PRN Sole 0 0 0
CV Therapeutics SB NT CV 144A07 126667AA2 1,383 1,150,000 PRN Sole 0 0 0
Checkpoint Systems, Inc. SBDBCV 5.25%05 162825AB9 660 1,000,000 PRN Sole 0 0 0
Commscope Inc. SB NT CV 4%06 203372AB3 2,422 2,120,000 PRN Sole 0 0 0
Conexant Systems SBNTCV 4.25%06 207142AB6 10,160 4,600,000 PRN Sole 0 0 0
Corr Therapeutic SBNTCV 144A07 217753AC6 4,784 3,420,000 PRN Sole 0 0 0
DRS Technologies Inc. SRSBDBCV 9%03 23330XAB6 1,065 805,000 PRN Sole 0 0 0
Danka Business Systems SUBNTCV 6.75%02 236277AB5 987 1,430,000 PRN Sole 0 0 0
Diamond Offshore Drill DEBZROCV 144A20 25271CAB8 7,031 15,000,000 PRN Sole 0 0 0
Etoys, Inc. SUBNTCV 144A04 297862AA2 869 2,000,000 PRN Sole 0 0 0
Financial Federal Corp. SUB NT CV 4.5%05 317492AC0 11,086 13,879,000 PRN Sole 0 0 0
Four Seasons LYON ZERO CPN 29 25100EAD6 33,809 94,570,000 PRN Sole 0 0 0
General Semiconductor SUBNTCV 5.75%06 370787AB9 5,725 500,000 PRN Sole 0 0 0
Genesco Inc. SUBNTCV 5.5%05 371532AL6 3,595 3,835,000 PRN Sole 0 0 0
Healthcare Realty Trust SBDBCV 6.55%02 421946AA2 1,433 1,610,000 PRN Sole 0 0 0
Healthsouth Corp. SBDBCV 3.25%03 421924AF8 3,681 4,660,000 PRN Sole 0 0 0
Hilton Hotels Corp. Sub NT Conv 5%06 432848AL3 2,973 3,745,000 PRN Sole 0 0 0
Ibasis Inc. SBNTCV 5.75% 05 450732AA0 1,262 1,700,000 PRN Sole 0 0 0
Interim Services Inc. SUB NT CV 4.5%05 45868PAA8 7,960 10,255,000 PRN Sole 0 0 0
Internet Capital Group SUB NT CV 5.5%04 46059CAA4 3,685 5,490,000 PRN Sole 0 0 0
Interpublic Group Co. SUBNTCV 1.87%06 460690AJ9 9,149 9,420,000 PRN Sole 0 0 0
Intevac Inc. SBNTCV 6.5%04 461148AC2 110 225,000 PRN Sole 0 0 0
Intevac Inc. SBNTCV 144A04 461148AA6 245 500,000 PRN Sole 0 0 0
Invitrogen SUBNTCV 144A 07 46185RAA8 5,150 4,870,000 PRN Sole 0 0 0
Iomega Corp. SBNTCV 6.75% 01 462030AA5 354 365,000 PRN Sole 0 0 0
Ivax Corporation SRSBCV 144A07 465823AB8 1,047 800,000 PRN Sole 0 0 0
Kellstrom SB NT CV 5.75%02 488035AC0 7,476 15,575,000 PRN Sole 0 0 0
Kerr McGee Corp. SBDBCV 5.25% 10 492386AP2 26,473 22,920,000 PRN Sole 0 0 0
Lamar Advertising NT CV 5.25% 06 512815AF8 10,662 9,600,000 PRN Sole 0 0 0
Lattice Semiconductor SUBNTCV 4.75%06 518415AC8 6,864 3,800,000 PRN Sole 0 0 0
Lennar Corportion SR DB CV ZERO 18 526057AA2 5,395 13,000,000 PRN Sole 0 0 0
MBL Intl Finance GTD NT EXCH 3%02 55262XAA2 3,499 3,385,000 PRN Sole 0 0 0
Magna International Inc. SUB DEB CV 5%02 559222AE4 37,108 36,380,000 PRN Sole 0 0 0
Magna International Inc. SBDBCV 4.875%05 559222AG9 955 1,055,000 PRN Sole 0 0 0
Mail-Well Inc. SUBNTCONV 5%02 560321AD3 1,684 2,070,000 PRN Sole 0 0 0
Millennium Pharmaceutical SUB NT CV 5.5%07 599902AB9 7,133 4,775,000 PRN Sole 0 0 0
NCS Healthcare Inc. SBDBCV 5.75%04 628874AC3 1,173 8,690,000 PRN Sole 0 0 0
Network Associates Inc. SBDBCV ZRO 18 640938AB2 2,725 7,650,000 PRN Sole 0 0 0
Office Depot, Inc. LYON SUB ZERO 07 676220AA4 24,032 40,305,000 PRN Sole 0 0 0
Omnicare Inc. SUB DEB CV 5%07 681904AD0 11,640 17,055,000 PRN Sole 0 0 0
Orbital Sciences Corp. SB NT CV 5% 02 685564AC0 270 390,000 PRN Sole 0 0 0
Pep Boys SUB LYON ZERO 11 713278AJ8 12,488 22,300,000 PRN Sole 0 0 0
Personnel Group SBNTCV 5.75%04 715338AE9 11,263 25,311,000 PRN Sole 0 0 0
Petsmart, Inc. SB NT CV 6.75%04 716768AB2 2,454 3,663,000 PRN Sole 0 0 0
Phoenix Investment Part. SUB DB CONV 6%15 719085AA0 21,507 16,110,000 PRN Sole 0 0 0
Phycor Inc. SUBDBCV 4.5% 03 71940FAB6 634 3,020,000 PRN Sole 0 0 0
Pride International Inc. SB DB CV ZERO 18 741932AB3 1,690 4,000,000 PRN Sole 0 0 0
Quadramed Corp. SBDBCV 5.25%05 74730WAC5 4,437 12,677,000 PRN Sole 0 0 0
Reptron Electronics Inc. SBNTCV 6.75%04 76026WAA7 560 840,000 PRN Sole 0 0 0
Sanmina Corp. SUBNTCV 4.25%04 800907AB3 9,619 4,750,000 PRN Sole 0 0 0
Seacor Holdings Inc. SUBNTCV 5.375%06 811904AE1 8,479 8,374,000 PRN Sole 0 0 0
Semtech Corp. SB NT CV 144A 07 816850AB7 1,533 1,400,000 PRN Sole 0 0 0
Sepracor, Inc. SUB DB CONV 7%05 817315AH7 9,923 4,870,000 PRN Sole 0 0 0
SpaceHab Inc. SUB NT CONV 8%07 846243AC7 175 250,000 PRN Sole 0 0 0
Standard Commerical Corp SBDVCV 7.25% 07 853258AA9 4,452 7,545,000 PRN Sole 0 0 0
Standard Motor Products SBDBCV 6.75%09 853666AB1 8,531 15,510,000 PRN Sole 0 0 0
Sunbeam Corp. SR SD CV ZERO 18 867071AD4 161 1,000,000 PRN Sole 0 0 0
Telefonos de Mexico SRDBCV 4.25% 04 879403AD5 8,274 6,140,000 PRN Sole 0 0 0
Thermo Fibertek Inc. SUBDBCV 144A04 88355WAA3 17,380 21,457,000 PRN Sole 0 0 0
Thermo Instrument Sys SUBDBCONV 4%05 883559AE6 234 275,000 PRN Sole 0 0 0
Total Renal Care Hldg SUB NT CONV 7%09 89151AAC1 356 530,000 PRN Sole 0 0 0
Tower Automotive, Inc. SBNTCV 5%04 891707AE1 5,064 6,430,000 PRN Sole 0 0 0
Triac Companies SBDBCV ZERO 18 895918AB7 15,347 59,600,000 PRN Sole 0 0 0
U.S. Diagnostic Labs Inc. SUBDBCONV 9%03 90328QAB4 4,098 5,854,000 PRN Sole 0 0 0
Wellpoint Health Network SBDBCV ZRO 19 94973HAA6 31,450 45,415,000 PRN Sole 0 0 0
Young and Rubicam SUB NT CV 144A05 987425AA3 20,823 20,365,000 PRN Sole 0 0 0
Treev Inc. COM NEW 894692300 121 17,222 PRN Sole 17,222 0 0
COLUMN TOTALS 633,245
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