<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
AMENDMENT NO. 3
----------
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
Trammell Crow Company
---------------------
(Name of Issuer)
Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)
89288R 10 6
-----------
(CUSIP Number)
M. Kevin Bryant
Crow Family, Inc.
2100 McKinney Avenue, Suite 700
Dallas, Texas 75201
(214) 661-8000
--------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 6, 2000
--------------------
(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(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 Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filed 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).
The Exhibit Index required by Rule 0-3(c) is located at page 14 of this filing.
(Continued on the following page(s))
<PAGE> 2
CUSIP NO. 89288R 10 6 Page 2
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crow Family Partnership, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 4,236,829
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,236,829
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
4,236,829
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
CUSIP NO. 89288R 10 6 Page 3
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CFH Capital Resources, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,327,489
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,327,489
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,327,489
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
CUSIP NO. 89288R 10 6 Page 4
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CFHS, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,327,489
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,327,489
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,327,489
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
CUSIP NO. 89288R 10 6 Page 5
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CFH Trade Names, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 703,537
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
703,537
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
703,537
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
CUSIP NO. 89288R 10 6 Page 6
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GP 98, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 703,537
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
703,537
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
703,537
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
CUSIP NO. 89288R 10 6 Page 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mill Spring Holdings, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 703,537
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
703,537
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
703,537
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
CUSIP NO. 89288R 10 6 Page 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Crow Family, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 5,564,318
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,564,318
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,564,318
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 9
CUSIP NO. 89288R 10 6 Page 5
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harlan R. Crow
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
SEC USE ONLY
3
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO (See Item 3)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER(1)
OWNED BY 6,281,089
EACH ---------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER(1)
6,281,089
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
6,281,089
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
(1) Includes 13,234 shares subject to options exercisable within 60 days.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 10
This Amendment No. 3(this "AMENDMENT") amends and supplements the
Schedule 13D (the "ORIGINAL FILING" and, as amended and supplemented hereby, the
"SCHEDULE 13D") originally filed with the Securities and Exchange Commission on
December 11, 1997, by Crow Family Partnership, L.P., a Delaware limited
partnership ("CFP"), CFH Trade Names, L.P., a Texas limited partnership ("CFH"),
Crow Family, Inc., a Texas corporation ("CFI"), and Harlan R. Crow, an
individual ("CROW"). Capitalized terms used but not defined in this Amendment
have the meanings set forth in the Original Filing.
Item 1. Security and Issuer.
No change.
Item 2. Identity and Background.
(a)-(c), (f). This statement is filed by CFP, CFH, CFI, CFH Capital
Resources, L.P., a Texas limited partnership ("CAPITAL"), CFHS, L.L.C., a
Delaware limited liability company ("CFHS"), GP 98, LLC, a Texas limited
liability company ("GP 98"), Mill Spring Holdings, Inc., a Texas corporation
("MILL SPRING"), and Crow, sometimes collectively referred to herein as the
"REPORTING PERSONS."
Each of CFH and Capital is a Texas limited partnership principally
engaged in investments. CFP is a Delaware limited partnership principally
engaged in investments. The principal place of business of each of CFP, CFH and
Capital is located at 2100 McKinney Avenue, Suite 700, Dallas, Texas 75201. CFHS
is a Delaware limited liability company principally engaged in investments. GP
98 is a Texas limited liability company principally engaged in investments. The
principal place of business of CFHS and GP 98 is 2100 McKinney Avenue, Suite
700, Dallas, Texas 75201. CFI is the general partner of CFP and the Manager of
CFHS. GP 98 is the general partner of CFH and Mill Spring is the manager and
sole member of GP 98.
Each of CFI and Mill Spring is a Texas corporation established as a
holding company for various investments. Crow is a director and the Chief
Executive Officer of CFI and Mill Spring and is a trustee of certain family
trusts which hold significant equity interests in CFP, CFH, Capital, CFHS, CFI
and Mill Spring. The principal place of business of CFI and Mill Spring is
located at 2100 McKinney Avenue, Suite 700, Dallas, Texas 75201.
Crow is a director of the Company and is principally employed as an
investor. His principal place of business is located at 2100 McKinney Avenue,
Suite 700, Dallas, Texas 75201. Crow is a United States citizen.
The name; business address; present principal occupation or employment;
and the name, principal business and address of each corporation or other
organization in which such occupation of employment is conducted for each
executive officer or director, each controlling person, and each executive or
director of such controlling person of CFP, CFH, Capital, CFHS, GP 98, Mill
Spring and CFI are set forth on Schedule I hereto, which Schedule I is
incorporated herein by reference.
Page 10
<PAGE> 11
(d)-(e). None of CFP, CFH, Capital, CFHS, GP 98, Mill Spring, CFI or
Crow nor, to the best knowledge of CFP, CFH, Capital, CFHS, GP 98, Mill Spring,
CFI and Crow, any of the persons listed on Schedule I attached hereto, has
during the past five years, (i) been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors), or (ii) been a party to
a civil proceeding of a judicial or administrative body of competent
jurisdiction that resulted in a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
On December 1, 1997, a wholly owned subsidiary of the Company was
merged (the "MERGER") with and into Trammell Crow Company, a Texas corporation
(the "PREDECESSOR COMPANY"), pursuant to an Agreement and Plan of Merger dated
as of August 22, 1997, as amended by the First Amendment thereto dated November
22, 1997 (as so amended, the "MERGER AGREEMENT"). Pursuant to the Merger
Agreement, on December 1, 1997, CFP's shares of capital stock of the Predecessor
Company were converted into an aggregate of 5,564,318 shares of Common Stock.
Also pursuant to the Merger Agreement, on such date CFH executed a License
Agreement with the Company pursuant to which, subject to certain quality
standards, the Company was granted certain rights to use the name "Trammell
Crow," and in consideration therefor CFH received 2,295,217 shares of Common
Stock. Copies of the Agreement and Plan of Merger dated as of August 22, 1997,
the First Amendment thereto dated November 22, 1997 and the License Agreement
are filed herewith as Exhibits 4.1, 4.2 and 10.1, respectively and are
incorporated herein by reference. The 7,859,535 shares of Common Stock initially
received collectively by CFP and CFH together with any additional shares of
Common Stock acquired by any other Filing Parties are referred to herein as the
"SHARES." On or about February 27, 1998, CFP contributed 717,489 Shares to
Capital in exchange for interests in Capital. On July 1, 1998, CFP acquired
40,000 shares of Common Stock from Anthony W. Dona for an aggregate purchase
price of $1,357,500. The purchase price for those shares is subject to
adjustment if CFP sells or transfers shares of Common Stock during the six-month
period beginning July 1, 1998 and ending on January 1, 1999. On September 9,
1998, CFP contributed on additional 610,000 shares of Common Stock to Capital in
exchange for an increased interest in Capital.
Item 4. Item Purpose of Transaction.
Each of CFP and CFH acquired the Shares it holds pursuant to the terms
of the Merger Agreement and is holding them for investment purposes. Capital is
holding the Shares it holds for investment purposes. Any of the Reporting
Persons may purchase additional shares of Common Stock either in the open market
or in private transactions, depending on his or its evaluation of the Company's
business, prospects and financial condition, the market for the Common Stock,
economic conditions, money and stock market conditions and other future
developments.
Item 5. Item Interest in Securities of the Issuer.
(a) The aggregate number and percentage of the shares of Common Stock
beneficially owned (identifying those shares of Common Stock for which there is
a right to acquire) by each of the Reporting Persons, and for all of the
Reporting Persons collectively, is set forth on Schedule II attached hereto and
incorporated herein in full by reference thereto.
Page 11
<PAGE> 12
(b) Schedule II attached hereto shows the number of shares of Common
Stock as to which there is sole power to vote or to direct the vote, shared
power to vote or to direct the vote, sole power to dispose or to direct the
disposition and shared power to dispose or to direct the disposition, for each
of the Reporting Persons. The applicable information required by Item 2 for each
person with whom the power to vote or to direct the vote or to dispose or to
direct the disposition is set forth in Item 2 above.
(c) See the discussion in Item 3 above with respect to the acquisition
of shares of Common Stock by CFP, CFH and Capital.
In March 1999, CFP sold 40,000 shares of Common Stock at a price of
$15.25 per share as part of a public secondary offering.
In March 1999, CFH sold 1,400,080 shares of Common Stock at a price
of $15.25 per share as part of a public secondary offering.
In further of CFH's business plan to achieve and maintain
appropriate diversity of asset allocations, CFH sold 151,600 shares of Common
Stock at an average price of $12.79 in a series of transactions on the open
market from November 13, 2000 to December 6, 2000.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relations with Respect
to Securities of the Issuer.
Contemporaneously with the Merger, the Company, CFP, CFH and J.
McDonald Williams, the Chairman of the Board of the Company ("WILLIAMS"),
entered into a Stockholders' Agreement, pursuant to which the Company agreed,
subject to certain limitations and under certain circumstances, to register for
sale shares of Common Stock that are held by the parties thereto (collectively,
the "REGISTRABLE SECURITIES"). The Stockholders' Agreement provides that CFP and
CFH (collectively, "CROW FAMILY") and Williams may, from and after the first
anniversary of the Company's initial public offering, require the Company upon
written notice to register for sale such Registrable Securities (a "DEMAND
REGISTRATION"), provided that the Company has no obligation to effect more than
six underwritten Demand Registrations and shall only be obligated to effect the
sixth underwritten Demand Registration if all remaining Registrable Securities
of Crow Family are to be registered and the total amount of Registrable
Securities to be included in any underwritten Demand Registration has a market
value of at least $25 million. The Company has no obligation to (i) effect an
underwritten Demand Registration within nine months (or file such Registration
Statement within seven months) after the effective date of the immediately
preceding Demand Registration or (ii) effect a shelf Demand Registration within
12 months (or file such Registration Statement within ten months) after such
effective date. In addition, the Company is only required to register a number
of shares of Common Stock for sale pursuant to a shelf Demand Registration that
is less than or equal to five
Page 12
<PAGE> 13
times the amount limitation prescribed by Rule 144. The holders of Registrable
Securities may request an unlimited number of shelf Demand Registrations.
The Stockholders' Agreement also provides that, subject to certain
exceptions, in the event the Company proposes to file a registration statement
with respect to an offering of any class of equity securities, other than
certain types of Registrations, the Company will offer the holders of
Registrable Securities the opportunity to register the number of Registrable
Securities they request to include (a "PIGGYBACK REGISTRATION"), provided that
the amount of Registrable Securities requested to be registered may be limited
by the underwriters in an underwritten offering based on such underwriters'
determination that inclusion of the total amount of Registrable Securities
requested for registration exceeds the maximum amount that can be marketed at a
price reasonably related to the current market price of the Common Stock or
without materially and adversely affect the offering. The Company will generally
be required to pay all of the expenses of Demand Registrations and Piggyback
Registrations, other than underwriting discounts and commissions; provided,
however, that only 50% of the expenses of underwritten Demand Registrations will
be borne by the Company after the first three such Demand Registrations and all
road show expenses in connection with any Demand Registration will be borne by
the holders of the Registrable Securities.
Under the terms of the Stockholders' Agreement, the Company granted
Crow Family the right to nominate a member of the Board of Directors. Crow is
Crow Family's initial nominee. Each executive officer of the Company has agreed
to vote his shares of Common Stock in favor of the nominee of Crow Family. Crow
Family's right to nominate a director will terminate on the first date Crow
Family's beneficial ownership of Common Stock represents the lesser of (i) less
than 12.5% of the then outstanding Common Stock or (ii) less than 50% of the
shares of Common Stock owned on the date of execution of the Agreement;
provided, however, that in no event will the Company be obligated to nominate a
Crow Family designee beyond the first date on which the beneficial ownership of
shares of Common Stock held by Crow Family represents less than 5% of all then
outstanding shares of such class. In connection with any private sale of Common
Stock by Crow Family, other than to an affiliate, Crow Family will agree to give
the Company 15 days notice prior to effecting such sale.
Each of Crow Family and the Company has agreed, prior to the fifth
anniversary of the Stockholders' Agreement, not to solicit the other's
officer-level employees concerning potential employment without prior notice to
the other party. In addition, each of Crow Family and the Company has agreed not
to hire any employee that was improperly solicited until the earlier of (i) the
involuntary termination of such officer-level employee by his/her employer and
(ii) the first anniversary of the last incident of solicitation of such employee
in violation of the Agreement.
A copy of the Stockholders' Agreement was previously filed as Exhibit
10.10 of the Company's registration statement on Form S-1, file number
333-34859, and is incorporated herein by reference.
On July 1, 1998, CFP and Anthony W. Dona entered into a Stock Purchase
Agreement (the "STOCK PURCHASE AGREEMENT") pursuant to which CFP acquired 40,000
shares of Common Stock from Mr. Dona for an aggregate purchase price of
$1,357,500. The purchase price for these shares
Page 13
<PAGE> 14
of Common Stock is subject to adjustment if CFP engages in any sale or transfer
of Common Stock prior to January 1, 1999. A copy of the Stock Purchase Agreement
is filed herewith as Exhibit 10.3, and is incorporated herein by reference.
Attached hereto as Exhibit 99.1 and incorporated herein by reference is
a copy of the Amended and Restated Agreement Among Filing Parties dated as of
May 4, 1998.
Item 7. Material to be Filed as Exhibits.
Exhibit 4.1 - Agreement and Plan of Merger dated August 22, 1997
incorporated by reference to the Company's registration statement on Form S-1,
Registration No. 333-34859 (Exhibit 2.1).
Exhibit 4.2 - First Amendment to Agreement and Plan of Merger dated as
of November 22, 1997, incorporated by reference to the Company's registration
statement on Form S-1, Registration No. 333-34859 (Exhibit 2.2).
Exhibit 10.1 - Form of License Agreement between the Company and CFH,
incorporated by reference to the Company's registration statement on Form S-1,
Registration No. 333-34859 (Exhibit 10.2).
Exhibit 10.2 - Stockholders' Agreement among the Company, CFP, CFH and
certain other signatories thereto, incorporated by reference to the Company's
registration statement on Form S-1, Registration No. 333-34859 (Exhibit 10.10).
Exhibit 10.3 - Stock Purchase Agreement dated July 1, 1998 between CFP
and Anthony W. Dona, previously filed as an exhibit to Schedule 13D filed by the
Reporting Persons on October 20, 1998, Registration No. 005-52067.
Exhibit 99.1 - Amended and Restated Agreement Among Filing Parties,
previously filed as an exhibit to Schedule 13D filed by the Reporting Persons on
October 22, 1998, Registration No. 005-52067.
Page 14
<PAGE> 15
SCHEDULE I
CERTAIN INFORMATION REGARDING DIRECTORS, EXECUTIVE OFFICERS
AND CONTROLLING PERSONS OF CROW FAMILY PARTNERSHIP, L.P.,
CFH TRADE NAMES, L.P. AND CROW FAMILY, INC.
1. CROW FAMILY PARTNERSHIP, L.P.
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
Crow Family, Inc. 2100 McKinney Avenue
General Partner Suite 700
Dallas, Texas 75201
</TABLE>
2. CFH TRADE NAMES, L.P.
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
GP 98, L.L.C. 2100 McKinney Avenue
General Partner Suite 700
Dallas, Texas 75201
</TABLE>
3. CFH Capital Resources, L.P.
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
CFHS, L.L.C. 2100 McKinney Avenue
General Partner Suite 700
Dallas, Texas 75201
</TABLE>
4. CFHS, L.L.C.
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
Crow Family, Inc. 2100 McKinney Avenue
Manager Suite 700
Dallas, Texas 75201
</TABLE>
5. GP 98, LLC
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
Mill Spring Holdings, Inc. 2100 McKinney Avenue
Manager and Sole Member Suite 700
Dallas, Texas 75201
</TABLE>
<PAGE> 16
6. CROW FAMILY, INC.
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
James D. Carreker 6801 Baltimore Dr. President and Chief Executive
Director Dallas, Texas 75205 Officer of Wyndham
Harlan R. Crow 2100 McKinney Avenue
Director and Chief Executive Officer Suite 700
Dallas, Texas 75201
Trammell Crow 2100 McKinney Avenue
Director Suite 700
Dallas, Texas 75201
Anthony W. Dona 2100 McKinney Avenue
Director and Executive Vice President Suite 700
Dallas, Texas 75201
Joel Ehrenkranz 375 Park Avenue, Suite 2800 Investments
Director New York, New York 10152
Susan T. Groenteman 2100 McKinney Avenue
Director and Executive Vice President Suite 700
Dallas, Texas 75201
Thomas O. Hicks 200 Crescent Court Investments
Director Suite 1600
Dallas, Texas 75201
Ronald J. Terwilliger 2859 Paces Ferry Road National Managing Partner, Trammell
Director Suite 1400 Crow Residential Company
Atlanta, Georgia 30339
Charles R. Brindell, Jr. 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Ronald S. Brown 2100 McKinney Avenue
Vice President and Treasurer Suite 700
Dallas, Texas 75201
M. Kevin Bryant 2100 McKinney Avenue
Vice President and Secretary Suite 700
Dallas, Texas 75201
Thomas Burleson 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Jeffrey C. Chavez 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Mary M. Hager 2100 McKinney Avenue
Vice President and Assistant Suite 700
Secretary Dallas, Texas 75201
</TABLE>
<PAGE> 17
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
Henry Barry 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Carol Kreditor 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Robert A. McClain 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Sarah Puckett 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Carlos D. Rainwater 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Michael R. Silverman 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Jackie Close 2100 McKinney Avenue
Assistant Secretary Suite 700
Dallas, Texas 75201
Melissa Huber 2100 McKinney Avenue
Assistant Secretary Suite 700
Dallas, Texas 75201
</TABLE>
7. MILL SPRING HOLDINGS, INC.
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
James D. Carreker 6801 Baltimore Drive President and Chief Executive
Director Dallas, Texas 75205 Officer of Wyndham
Harlan R. Crow 2100 McKinney Avenue
Director and Chief Executive Officer Suite 700
Dallas, Texas 75201
Trammell Crow 2100 McKinney Avenue
Director Suite 700
Dallas, Texas 75201
Anthony W. Dona 2100 McKinney Avenue
Director and Executive Vice President Suite 700
Dallas, Texas 75201
Joel Ehrenkranz 375 Park Avenue, Suite 2800 Investments
Director New York, New York 10152
</TABLE>
<PAGE> 18
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
Susan T. Groenteman 2100 McKinney Avenue
Director and Executive Vice President Suite 700
Dallas, Texas 75201
Thomas O. Hicks 200 Crescent Court Investments
Director Suite 1600
Dallas, Texas 75201
Ronald J. Terwilliger 2859 Paces Ferry Road National Managing Partner, Trammell
Director Suite 1400 Crow Residential Company
Atlanta, Georgia 30339
Charles R. Brindell, Jr. 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Ronald S. Brown 2100 McKinney Avenue
Vice President and Treasurer Suite 700
Dallas, Texas 75201
M. Kevin Bryant 2100 McKinney Avenue
Vice President and Secretary Suite 700
Dallas, Texas 75201
Thomas H. Burleson 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Jeffrey C. Chavez 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Mary M. Hager 2100 McKinney Avenue
Vice President and Assistant Secretary Suite 700
Dallas, Texas 75201
Henry Barry 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Carol Kreditor 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Robert A. McClain 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Sarah Puckett 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Carlos D. Rainwater 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
</TABLE>
<PAGE> 19
<TABLE>
<CAPTION>
Name and Position Business Address Present Occupation
----------------- ---------------- ------------------
<S> <C> <C>
Michael R. Silverman 2100 McKinney Avenue
Vice President Suite 700
Dallas, Texas 75201
Jackie Close 2100 McKinney Avenue
Assistant Secretary Suite 700
Dallas, Texas 75201
Melissa Huber 2100 McKinney Avenue
Assistant Secretary Suite 700
Dallas, Texas 75201
</TABLE>
<PAGE> 20
SCHEDULE II
REPORTING PERSONS
<TABLE>
<CAPTION>
Aggregate
Amount Percent of
Sole Shared Sole Shared of Shares Class
Voting Voting Dispositive Dispositive Beneficially Beneficially
Power Power Power Power Owned Owned
------ ---------- ----------- ----------- ------------ ------------
<S> <C> <C> <C> <C> <C> <C>
Crow Family Partnership,
L.P. ......................... -0- 4,236,829 -0- 4,236,829 4,236,829 12.0%
CFH Trade Names, L.P. ............ -0- 703,537 -0- 703,537 703,537 2.0%
GP 98, LLC (1) ................... -0- 703,537 -0- 703,537 703,537 2.0%
Mill Spring Holdings, Inc. (1) ... -0- 703,537 -0- 703,537 703,537 2.0%
CFH Capital Resources, L.P. ...... -0- 1,327,489 -0- 1,327,489 1,327,489 3.8%
CFHS, L.L.C. (2) ................. -0- 1,327,489 -0- 1,327,489 1,327,489 3.8%
Crow Family, Inc. (3) ............ -0- 5,564,318 -0- 5,564,318 5,564,318 15.8%
Harlan R. Crow (4) ............... -0- 6,281,089 -0- 6,281,089 6,281,089 17.8%
</TABLE>
(1) Includes 703,537 shares held of record by CFH Trade Names, L.P. GP 98,
LLC is the general partner of CFH Trade Names, L.P. and Mill Spring
Holdings, Inc. is the manager and sole member of GP 98, LLC.
(2) Includes 1,327,489 shares held of record by CFH Capital Resources,
L.P., a Texas limited partnership. CFHS, L.L.C. is the general partner
of CFH Capital Resources, L.P., and Crow Family, Inc., is the manager
of CFHS, L.L.C.
(3) Includes 4,236,829 shares held of record by Crow Family Partnership,
L.P. Crow Family, Inc. is the general partner of Crow Family
Partnership, L.P. Also includes 1,327,489 shares held of record by CFH
Capital Resources, L.P. beneficial ownership of which may be attributed
to Crow Family, Inc. as the manager of CFHS, L.L.C., which is the
general partner of such limited partnership.
(4) Includes 13,234 shares subject to options exercisable within 60 days.
Includes 4,236,829 shares held of record by Crow Family Partnership,
L.P., 703,537 shares held of record by CFH Trade Names, L.P. and
1,327,489 shares held of record by CFH Capital Resources, L.P., which
shares could be attributed to Harlan R. Crow as a director and the
Chief Executive Officer of Crow Family, Inc., and Mill Spring Holdings,
Inc., and a trustee of certain family trusts which hold significant
equity interests in such partnerships and corporation. Mr. Crow
disclaims beneficial ownership of all such shares.
The Reporting Persons expressly disclaim the existence of any "group"
(within the meaning of Section 13(d)(3) under the Securities Exchange Act of
1934).
<PAGE> 21
SIGNATURES
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.
DATED: January 3, 2001 CROW FAMILY PARTNERSHIP, L.P.,
a Delaware limited partnership
By: CROW FAMILY, INC., a Texas corporation and
its General Partner
By: /s/ HARLAN R. CROW
---------------------------------------
Harlan R. Crow
Chief Executive Officer
DATED: January 3, 2001 CFH TRADE NAMES, L.P., a Texas limited
partnership
By: GP 98, LLC, a Texas limited liability
company and its General Partner
By: MILL SPRING HOLDINGS, INC., a
Texas corporation and its manager
By: /s/ HARLAN R. CROW
--------------------------------
Harlan R. Crow
Chief Executive Officer
DATED: January 3, 2001 GP 98, LLC, a Texas limited liability
company
By: MILL SPRING HOLDINGS, INC., a Texas
corporation and its manager
By: /s/ HARLAN R. CROW
------------------------------------
Harlan R. Crow
Chief Executive Officer
DATED: January 3, 2001 MILL SPRING HOLDINGS, INC., a Texas
corporation
By: /s/ HARLAN R. CROW
----------------------------------------
Harlan R. Crow
Chief Executive Officer
<PAGE> 22
DATED: January 3, 2001 CFH CAPITAL RESOURCES, L.P., a Texas limited
partnership
By: CFHS, L.L.C., a Delaware limited
liability company and its General
Partner
By: CROW FAMILY, INC., a Texas
corporation, its sole manager
By: /s/ HARLAN R. CROW
---------------------------------
Harlan R. Crow
Chief Executive Officer
DATED: January 3, 2001 CFHS, L.L.C., a Delaware limited liability
company
By: CROW FAMILY, INC., a Texas corporation,
its sole manager
By: /s/ HARLAN R. CROW
-------------------------------------
Harlan R. Crow
Chief Executive Officer
DATED: January 3, 2001 CROW FAMILY, INC., a Texas corporation
By: /s/ HARLAN R. CROW
-----------------------------------------
Harlan R. Crow
Chief Executive Officer
DATED: January 3, 2001 /s/ HARLAN R. CROW
--------------------------------------------
Harlan R. Crow
<PAGE> 23
INDEX TO EXHIBIT
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
------- -----------
<S> <C>
4.1 Agreement and Plan of Merger dated August 22, 1997, incorporated by
reference to the Company's registration statement on Form S-1,
Registration No. 333-34859 (Exhibit 2.1)
4.2 First Amendment to Agreement and Plan of Merger dated as of November
22, 1997, incorporated by reference to the Company's registration
statement on Form S-1, Registration No. 333-34859 (Exhibit 2.2)
10.1 License Agreement between the Company and CFH, incorporated by
reference to the Company's registration statement on Form S-1,
Registration No. 333-34859 (Exhibit 10.2)
10.2 Stockholders' Agreement among the Company, CFP, CFH and certain other
signatories thereto, incorporated by reference to the Company's
registration statement on Form S-1, Registration No. 333-34859
(Exhibit 10.10)
10.3 Stock Purchase Agreement among CFP and Anthony W. Dona dated July 1,
1998, previously filed as an exhibit to Schedule 13D filed by the
Reporting Persons on October 20, 1998, Registration No. 005-52067.
99.1 Amended and Restated Agreement Among Filing Parties, previously filed
as an exhibit to Schedule 13D filed by the Reporting Persons on
October 22, 1998, Registration No. 005-52067.
</TABLE>
