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OMB APPROVAL
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OMB Number 3235-0104
Expires: April 30, 1997
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
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1. Name and Address of Reporting Person
SHIMON TOPOR AND MICHAEL STEINHARDT, as a group
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(Last) (First) (Middle)
650 Madison Avenue, 17th Floor
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(Street)
New York New York 10022
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
2/28/99
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
LaSalle Hotel Properties (LHO)
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5 Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [X ] 10% Owner*
[ ] Officer (give title below) [ ] Other (specify below)
* Mr. Topor is also a trustee of Lasalle Hotel Properties. Mr. Topor
filed a Form 3 in connectin therewith in 1998.
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6. If Amendment, Date of Original (Month/Year)
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7. Individual or Joint/Group Filing
(Check Applicable Line)
[ ] Form filed by One Reporting Person
[X ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
NOT APPLICABLE (N/A)
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
*If form is filed by more than one reporting person, see Instruction 5(b)(v).
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Security Exer- tion of Derivative (I) Ownership
(Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
THROUGH VARIOUS
HOLDINGS OF MR. TOPOR* 4/29/99 N/A COMMON SHARES 22,661 *** I INTERMEDIARY
UNITS** PARTNERSHIPS AND
CORPORATIONS
COMMON SHARE 4/29/99 4/29/08 COMMON SHARES 163,619 $18.00 I THROUGH A LIMITED
PURCHASE RIGHT PARTNERSHIP
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HOLDINGS OF MR.
STEINHARDT*
THROUGH VARIOUS
UNITS** 4/29/99 N/A COMMON SHARES 210,085 *** I INTERMEDIARY
PARTNERSHIPS AND
COMMON SHARE CORPORATIONS
PURCHASE RIGHT 4/29/99 4/29/08 COMMON SHARES 163,618 $18.00 I THROUGH A LIMITED
PARTNERSHIP
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</TABLE>
Explanation of Responses:
* MESSRS. TOPOR AND STEINHARDT SHARE THE RIGHT TO DIRECT THE VOTING AND
INVESTMENT, BY VIRTUE OF THEIR DIRECT AND INDIRECT CONTROL OF CERTAIN
ENTITIES, OF COMMON SHARE PURCHASE RIGHTS AND UNITS IN WHICH THEY HAVE NO
PECUNIARY INTEREST.
** PARTNERSHIP UNITS IN LASALLE HOTEL OPERATING PARTNERSHIP, L.P., WHICH ARE
CONVERTIBLE INTO COMMON SHARES OF LASALLE HOTEL PROPERTIES.
***EACH UNIT IS CONVERTIBLE INTO ONE COMMON SHARE.
/s/Shimon Topor 4/27/99
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**Signature of Reporting Person Date
SHIMON TOPOR
/s/ Michael Steinhardt 4/27/99
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**Signature of Reporting Person Date
MICHAEL STEINHARDT
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient. See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not are required to respond unless the form displays a
currently valid OMB Number.