<PAGE> 1
SCHEDULE 13D
(RULE 13d-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. Two)*
Equity Office Properties Trust
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Shares, par value $.01
- --------------------------------------------------------------------------------
(Title of Class of Securities)
294741103
- --------------------------------------------------------------------------------
(CUSIP Number)
Donal J. Liebentritt, Equity Group Investments, L.L.C.,
Two N. Riverside Plaza, Suite 600, Chicago, IL 60606 (312) 466-3651
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
N/A
- --------------------------------------------------------------------------------
(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 13d-1(e), 13d-1(f) or 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 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).
<PAGE> 2
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 2 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Samstock/SZRT, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,802,413 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
1,802,413 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,802,413 (1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.71%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
00
- --------------------------------------------------------------------------------
(1) Includes 1,775,065 common shares of beneficial interest ("Common Shares") of
Equity Office Properties Trust (the "Issuer") that are issuable upon redemption
of Operating Partnership Units ("OP Units") of EOP Operating Limited Partnership
("EOP Partnership"), a Delaware limited partnership in which Equity Office
Properties Trust (the "Issuer") is the sole general partner and a limited
partner. Pursuant to the limited partnership agreement of EOP Partnership, OP
Units are redeemable for cash or, at Issuer's option, exchangeable for Common
Shares, on a one-for-one basis. The sole member of Samstock/SZRT, L.L.C. is the
Samuel Zell Revocable Trust dated January 17, 1990, of which Samuel Zell is the
sole trustee and sole beneficiary. Accordingly, based on these particular
circumstances, Samuel Zell may be deemed the ultimate beneficial owner of all
Common Shares and OP Units held by Samstock/SZRT, L.L.C.
<PAGE> 3
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 3 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Samuel Zell
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
PF,OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
818,173 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
1,802,413 (2)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
818,173 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
1,802,413 (2)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,620,586 (1)(2)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.04%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
- --------------------------------------------------------------------------------
(1) Includes (i) 809,998 Common Shares issuable to Mr. Zell upon exercise of
stock options that currently are exercisable or will become exercisable within
60 days after the date hereof, and (ii) 3,582 Common Shares held in an account
maintained by the trustee of the Issuer's supplemental employee retirement plan
for the benefit of Mr. Zell.
(2) Includes (i) 27,348 Common Shares that are held by Samstock/SZRT, L.L.C.,
and (ii) 1,775,065 Common Shares that are issuable upon redemption of OP Units
held by Samstock/SZRT, L.L.C. Pursuant to the limited partnership agreement of
EOP Partnership, OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis. The sole member of
Samstock/SZRT, L.L.C. is the Samuel Zell Revocable Trust dated January 17, 1990,
of which Mr. Zell is the sole trustee and sole beneficiary. Accordingly, based
on these particular circumstances, Samuel Zell may be deemed the ultimate
beneficial owner of all Common Shares and OP Units held by Samstock/SZRT, L.L.C.
<PAGE> 4
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 4 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Samstock/Alpha, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
2,248,757 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
2,248,757 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,248,757(1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.89%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
00
- --------------------------------------------------------------------------------
(1) Includes 1,990,579 Common Shares of Issuer that are issuable upon redemption
of OP Units of EOP Partnership. Pursuant to the limited partnership agreement of
EOP Partnership, OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis.
<PAGE> 5
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 5 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
EGI Holdings, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,932,540 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
1,932,540 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,932,540 (1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.76%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
(1) Includes 1,919,706 Common Shares of Issuer that are issuable upon redemption
of OP Units of EOP Partnership. Pursuant to the limited partnership agreement of
EOP Partnership, OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis. Pursuant to a
Stockholders' Agreement, (i) various trusts for the benefit of Samuel Zell and
members of his family (the "Zell Trusts") have sole power to vote or cause the
vote of, and to dispose or cause the disposition of, all Common Shares and OP
Units beneficially owned by EGI Holdings, Inc., and (ii) the Common Shares and
OP Units owned by EGI Holdings, Inc. are subject to a right of first offer
exercisable by the other stockholders of Equity Group Investment, Inc. (other
then the Zell Trusts).
<PAGE> 6
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 6 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
EGIL Investments, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,932,584 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
1,932,584 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,932,584 (1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.76%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
(1) Includes 1,919,749 Common Shares of Issuer that are issuable upon redemption
of OP Units of EOP Partnership. Pursuant to the limited partnership agreement of
EOP Partnership, OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis. Pursuant to a
Stockholders' Agreement, (i) various trusts for the benefit of Ann Lurie and
members of her family (the "Lurie Trusts") have sole power to vote or cause the
vote of, and to dispose or cause the disposition of, all Common Shares and OP
Units beneficially owned by EGIL Investments, Inc. and (ii) the Common Shares
and OP Units owned by EGIL Investments, Inc. are subject to a right of first
offer exercisable by the other stockholders of Equity Group Investment, Inc.
(other then the Lurie Trusts).
<PAGE> 7
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 7 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Samstock/ZFT, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
7,249,871 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
7,249,871 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,249,871 (1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
00
- --------------------------------------------------------------------------------
(1) Includes 6,010,399 Common Shares of Issuer that are issuable upon
redemption of OP Units of EOP Partnership. Pursuant to the limited partnership
agreement of EOP Partnership, OP Units are redeemable for cash or, at Issuer's
option, exchangeable for Common Shares, on a one-for-one basis.
<PAGE> 8
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 8 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Samstock/ZGPI, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
5,321 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
5,321 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,321 (1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.002%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
00
- --------------------------------------------------------------------------------
(1) Consists of 5,321 Common Shares of Issuer that are issuable upon redemption
of OP Units of EOP Partnership. Pursuant to the limited partnership agreement of
EOP Partnership, OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis.
<PAGE> 9
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 9 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
RSB Properties Trust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
12,314 (1)
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
12,314 (1)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,314 (1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.005%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
00
- --------------------------------------------------------------------------------
(1) Consists of 12,314 Common Shares of Issuer that are issuable upon redemption
of OP Units of EOP Partnership. Pursuant to the limited partnership agreement of
EOP Partnership, OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis.
<PAGE> 10
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 10 OF 12 PAGES
This Amendment No. 2 amends the Schedule 13D filed on January 24, 2000, as
amended by Amendment No. 1 to such Schedule 13D that was filed on February 15,
2000, by the group of Reporting Persons comprised of Samstock/SZRT, L.L.C.,
Samstock/Alpha, L.L.C., Samstock/ZFT, L.L.C., Samstock/ZGPI, L.L.C., ZFT
Partnership, EGI Holdings, Inc., EGIL Investments, Inc., RSB Properties Trust
and Samuel Zell. Amendment No. 2 is being filed to clarify that all securities
of the Issuer that are held by Samstock/SZRT, L.L.C. may be deemed beneficially
owned by Samuel Zell and to correct a minor mathematical error. The sole member
of Samstock/SZRT, L.L.C. is the Samuel Zell Revocable Trust dated January 17,
1990, of which Samuel Zell is the sole trustee and the sole beneficiary.
Accordingly, based on these particular circumstances, Samuel Zell may be deemed
the ultimate beneficial owner of all Common Shares and OP Units held by
Samstock/SZRT, L.L.C.
ONLY THOSE ITEMS THAT ARE BEING AMENDED ARE REPORTED HEREIN. CAPITALIZED TERMS
NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE SAME MEANING THAT THEY HAVE IN THE
SCHEDULE 13D, AS AMENDED TO DATE.
Item 5. Interest in Securities of the Issuer
(a) and (b). Each Reporting Person beneficially owns the number of
common shares of beneficial interest ("Common Shares") of Equity
Office Properties Trust, a real estate investment trust formed under
the laws of Maryland (the "Issuer"), and the number of Operating
Partnership Units ("OP Units") of EOP Operating Limited Partnership
("EOP Partnership"), a Delaware limited partnership in which the
Issuer is the sole general partner and a limited partner, set forth
opposite his or its name below:
<TABLE>
<CAPTION>
Reporting Person Common Shares (1) OP Units (1) % Owned (1)
---------------- ------------- -------- -------
<S> <C> <C> <C>
Samstock/SZRT, L.L.C. 27,348 (2) 1,775,065 (2) .71%
Samuel Zell 845,521 (3) 1,775,065 (3) 1.04%
Samstock/Alpha, L.L.C. 258,178 1,990,579 .89%
ZFT Partnership 0 -- *
EGI Holdings, Inc. (4) 12,834 1,919,706 .76%
Samstock/ZFT, L.L.C. 1,239,472 6,010,399 2.8%
Samstock/ZGPI, L.L.C. -- 5,321 *
RSB Properties Trust -- 12,314 *
EGIL Investments, Inc. (4) 12,835 1,919,749 .76%
----------- ------------- ----
Total 2,368,840 13,633,133 6.0%
</TABLE>
- ------------------
* Less than .05%
(1) Except as otherwise described in the notes below, each Reporting
Person exercises sole power to vote or to direct the vote of, and
to dispose or direct the disposition of, the Common Shares and/or
OP Units set forth above opposite his or its name. To the best
knowledge of the Reporting Person, there are 252,654,039 Common
Shares issued and outstanding as of the date hereof based upon
filings made by the Issuer with the SEC. Based upon such number,
the 16,001,973 Common Shares and OP Units beneficially owned by
the Reporting Persons, collectively, represent approximately 6.0%
of the Common Shares issued and outstanding. The percentage
ownership for each Reporting Person is based upon the total
number of Common Shares currently issued and outstanding plus the
number of Common Shares issuable (at the option of the Issuer) to
such Reporting Person, but not to any other Reporting Person.
Pursuant to the limited partnership agreement of EOP Partnership,
OP Units are redeemable for cash or, at Issuer's option,
exchangeable for Common Shares, on a one-for-one basis.
(2) The sole member of Samstock/SZRT, L.L.C. is the Samuel Zell
Revocable Trust dated January 17, 1990, of which Samuel Zell is
the sole trustee and the sole beneficiary. Accordingly, based on
these particular circumstances, Samuel Zell may be deemed the
<PAGE> 11
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 11 OF 12 PAGES
ultimate beneficial owner of all Common Shares and OP Units held
by Samstock/SZRT, L.L.C.
(3) Includes (i) 27,348 Common Shares that are held by Samstock/SZRT,
L.L.C., (ii) 1,775,065 Common Shares that are issuable upon
redemption of OP Units held by Samstock/SZRT, L.L.C, (iii)
809,998 Common Shares issuable to Mr. Zell upon exercise of stock
options that are currently exercisable or exercisable within 60
days hereafter, and (ii) 3,582 Common Shares held in an account
maintained by the trustee of the Issuer's supplemental employee
retirement plan for the benefit of Mr. Zell. The sole member of
Samstock/SZRT, L.L.C. is the Samuel Zell Revocable Trust dated
January 17, 1990, of which Samuel Zell is the sole trustee and
the sole beneficiary. Accordingly, based on these particular
circumstances, Samuel Zell may be deemed the ultimate beneficial
owner of all Common Shares and OP Units held by Samstock/SZRT,
L.L.C.
(4) Pursuant to the Stockholders' Agreement dated as of December 31,
1999 among various trusts for the benefit of Samuel Zell and
members of his family (the "Zell Trusts") and various trusts for
the benefit of Ann Lurie and members of her family (the "Lurie
Trusts"), (i) the Zell Trusts have sole power to vote or cause
the vote of, and to dispose or cause the disposition of, all
Common Shares and OP Units beneficially owned by Holdings and
have a right of first offer to purchase any Common Shares and OP
Units owned by EGIL, and (ii) the Lurie Trusts have sole power to
vote or cause the vote of, and to dispose or cause the
disposition of, all Common Shares and OP Units beneficially owned
by EGIL and have a right of first offer to purchase any Common
Shares and OP Units owned by Holdings.
In addition to the shares of Common Shares and OP Units owned by the
Reporting Persons, the following individuals also own the following
securities of the Issuer, in their personal capacities, as of February
14, 2000:
No. of No. of OP
Name Common Shares Units
--------- ------------- -----
Sheli Z. Rosenberg(1) 218,642 191,134
Rod F. Dammeyer(2) 352 ---
Donald J. Liebentritt(3) 32,615 39,718
Mark Slezak 1,000 ---
John Zoeller(4) 7,735 ---
Matthew Zell(5) 8,403 ---
Kellie Zell(6) 15,000 ---
JoAnn Zell 5,376 ---
Bert Cohen 8,885 25,262
Susan Obuchowski(7) 4,166 ---
---------------
(1) Includes 137,832 Common Shares issuable upon exercise of options
currently vested; 3,573 Common Shares held in an account maintained by
the trustee of the Issuer's supplemental employee retirement plan for
the benefit of Mrs. Rosenberg; and 21,303 Common Shares and 17,318 OP
Units held by Mrs. Rosenberg's spouse.
(2) Includes 176 Common Shares held by Mr. Dammeyer's spouse.
(3) Includes 13,333 Common Shares issuable upon exercise of currently
exercisable options and 5,000 Common Shares held by Mr. Liebentritt's
spouse.
(4) Includes 6,666 Common Shares issuable upon exercise of currently
exercisable options.
(5) Includes 5,049 Common Shares held by Mr. Zell as custodian for his
minor children and 3,000 shares held by Mr. Zell's spouse.
<PAGE> 12
CUSIP NO. 294741103 SCHEDULE 13D/A PAGE 12 OF 12 PAGES
(6) Includes 10,000 Common Shares held by Ms. Zell as custodian for
her minor children.
(7) Includes 2,666 Common Shares issuable upon exercise of currently
exercisable options.
The remaining subsections of Item 5 and the other Items of the Schedule 13D
filed by the Reporting Persons on January 24, 2000, as amended by Amendment No.
1 thereto filed on February 15, 2000, remain unchanged.
SIGNATURES
----------
After reasonable inquiry, and the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
DATED: March 24, 2000
Samstock/SZRT, L.L.C., Samstock/Alpha, L.L.C.,
Samstock/ZGPI, L.L.C., and EGI Holdings, Inc.
By: /s/ Donald J. Liebentritt
--------------------------------------------------
Donald J. Liebentritt, as Vice President of
each of the above entities
/s/ Samuel Zell
- -----------------------------------------------------
Samuel Zell
ZFT Partnership
By: ZFT Kellie Trust, as partner
By: Chai Trust Company, as trustee
By: /s/ Donald J. Liebentritt
--------------------------------------------------
Donald J. Liebentritt, Vice President
RSB Properties Trust
By: /s/ Samuel Zell
- -----------------------------------------------------
Samuel Zell, not individually but solely
as Trustee
EGIL Investments, Inc.
By: /s/ Mark Slezak
--------------------------------------------------
Mark Slezak, Vice President
