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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Lang John M. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Lodgian, Inc. (LOD) (Month/Day/Year)
(Last) (First) (Middle) 12/11/98 ----------------------------------
3399 Peachtree Road, N.E. Suite 2050 ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Atlanta GA 30326 Person (Voluntary) X Director 10% Owner applicable line)
- -------------------------------------- ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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Lodgian Common Stock 86,535 D
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Lodgian Common Stock 192,034 I *
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Lodgian Common Stock 2,766 I **
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Lodgian Common Stock 9,668 I ***
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Lodgian Common Stock 4,080 I ****
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Lodgian Common Stock 1,441 I *****
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*If the form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (8/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect
Exercis- tion Title Number (I)
able Date of Shares (Instr.
5)
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Explanation of Responses:
/s/ JOHN M. LANG December 21, 1998
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- ------------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note. File three copies of this form, one of which must be manually signed. Page 2
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 required to respond unless the form displays a currently
valid OMB Number.
(Print or Type Responses)
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* The reporting person hereto is the sole member and manager of P.T.
Partners LLC, the holder of the shares and, in accordance with Rule
16a-1(a)(2), the reporting person may be deemed to be the beneficial
owner of all shares held by P.T. Partners, LLC.
** The reporting person is a manager and member of ProTrust Holdings, LLC,
the general partner of ProTrust Properties IV, Ltd., and pursuant to
Rule 16a-1(a)(2)(ii), may be deemed to be the beneficial owner of 2,766
shares held by ProTrust Properties IV, Ltd.
*** The reporting person is a manager and member of ProTrust Holdings II,
LLC, the general partner of ProTrust Properties V, Ltd., and, pursuant
to Rule 16a-1(a)(2)(ii), may be deemed to be the beneficial owner of
9,668 shares held by ProTrust Properties V, Ltd.
**** The reporting person is a manager and member of Hotel Investors, LLC,
the general partner of Hotel Investors, L.P., and, pursuant to Rule
16a-1(a)(2)(ii), may be deemed to be the beneficial owner of 4,080
shares held by Hotel Investors, L.P.
***** The reporting person is a manager and member of ProTrust Equity
Partners, LLC, the general partner of ProTrust Equity Growth Fund I,
L.P., and pursuant to Rule 16a-1(a)(2)(ii), may be deemed to be the
beneficial owner of 1,441 shares held by ProTrust Equity Growth Fund I,
L.P.
