<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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)
(Amendment No. 2)
INTERSTATE HOTELS CORPORATION
-----------------------------
(Name of Issuer)
Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)
46088R108
---------
(CUSIP Number)
Gary M. Goldberg
Montebello Park
75 Montebello Road
Suffern, New York 10901
with a copy to:
Richard P. Ackerman, Esq.
Goodkind Labaton Rudoff & Sucharow LLP
100 Park Avenue, 12th Floor
New York, NY 10017
(Name, Address and Telephone Number of Persons Authorized
to Receive Notices and Communications)
November 19, 1999
-----------------
(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 that 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 [ ].
(Continued on following page)
<PAGE>
Amendment No. 1 to the Original Schedule 13D (defined below) is amended and
restated as follows:
The Cover Page to the Schedule 13D is amended or added as follows:
- -------------------- -------------------
CUSIP NO. 46088R108 Page 2 of 23 Pages
- -------------------- -------------------
- -------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Gary M. Goldberg
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
- -------------------------------------------------------------------------------
3
SEC USE ONLY
- -------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- -------------------------------------------------------------------------------
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
- -------------------------------------------------------------------------------
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------------------------------------------------------------------------------
7
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 566,520 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
-----------------------------------------------------------
8
SHARED VOTING POWER
0
-----------------------------------------------------------
9
SOLE DISPOSITIVE POWER
566,520 shares (see Introductory Statement)
-----------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
566,520 shares (see Introductory Statement)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- -------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- -------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 3 of 23 Pages
- ------------------- ---------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Gary Goldberg & Co., Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY) 13-2731992
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a)
b) X
--
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 395,697 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
-----------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
395,697 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
566,520 shares (see Introductory Statement)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- -------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 4 of 23 Pages
- ------------------- ---------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
VIP 100, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY) 13-3538358
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
---
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4
4 SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ]
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 169,080 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
-----------------------------------------------------------
8
SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
169,080 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
566,520 shares (see Introductory Statement)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 5 of 23 Pages
- ------------------- ---------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Gordon Adsluf
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
---
(see Introductory Statement)
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 2,199 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
-----------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
2,199 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
566,520 shares (see Introductory Statement)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 6 of 23 Pages
- ------------------- ---------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Brian Bassuk
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
---
(see Introductory Statement)
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 5,033 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
-----------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
5,033 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
566,520 shares (see Introductory Statement)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 7 of 23 Pages
- ------------------- ---------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Edward Daly
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY)
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
---
(see Introductory Statement)
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 3,366 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- -------------------------------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
3,366 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 8 of 23 Pages
- ------------------- ---------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Hugh Delvalle
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY)
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
---
(see Introductory Statement)
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 1,076 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- -------------------------------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,076 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE>
- ------------------- ---------------------
CUSIP NO. 46088R108 Page 9 of 23 Pages
- ------------------- ---------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
Tanya Drake
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTTIES ONLY)
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
---
(see Introductory Statement)
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 2,000 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
-----------------------------------------------------------
8 SHARED VOTING POWER
0
-----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
2,000 shares (see Introductory Statement)
-----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
566,520 shares (see Introductory Statement)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Robert Friedel
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 320 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
320 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
- -------------------- -------------------
CUSIP NO. 46088R108 Page 11 of 23 Pages
- -------------------- -------------------
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Barbara Haessler
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(See Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 366 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
366 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
- -------------------- -------------------
CUSIP NO. 46088R108 Page 12 of 23 Pages
- -------------------- -------------------
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Edward Heinz
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(See Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 1,066 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
1,066 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
- -------------------- -------------------
CUSIP NO. 46088R108 Page 13 of 23 Pages
- -------------------- -------------------
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Rocco Miano
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(See Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 2,100 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
2,100 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
- -------------------- -------------------
CUSIP NO. 46088R108 Page 14 of 23 Pages
- -------------------- -------------------
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Herbert Nathan
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 306 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
306 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
- -------------------- -------------------
CUSIP NO. 46088R108 Page 15 of 23 Pages
- -------------------- -------------------
<TABLE>
<CAPTION>
- ------------------- ------------------------------------------------------------------------------------------------
<S> <C>
1
NAME OF REPORTING PERSON
Beulah Ratet
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIE ONLY)
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 1,166 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
1,166 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
- -------------------- -------------------
CUSIP NO. 46088R108 Page 16 of 23 Pages
- -------------------- -------------------
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Murray Salit
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- ------------------- ------------------------------------------------------------------------------------------------
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
(b) X
--
(See Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------------- ------------------------------------------------------------------------------------------------
4
SOURCE OF FUNDS
PF
- ------------------- ------------------------------------------------------------------------------------------------
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
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 1,000 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
- ------------------- ------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
- ------------------- ------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
1,000 shares (see Introductory Statement)
- ------------------- ------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
566,520 shares (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------------- ------------------------------------------------------------------------------------------------
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 8.86% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Introductory Statement
- ----------------------
This Amendment to Schedule 13D amends as of November 23, 1999, pursuant to
Rule 13d-2(a) promulgated under the of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), the Schedule 13D filed on October 13, 1999 (the
"Original Schedule 13D") by Gary M. Goldberg ("Goldberg"), Gary Goldberg & Co.,
Inc. ("GGC"), VIP 100, L.P. ("VIP 100"), Gordon Adsluf, Annette Berkman, Edward
Carter, Maxine Dombrow, Louis Ecker, Alan Frankel, Dorothy Lopreato, Rita
Mayersohn and Paul Nussbaum (the "Original Reporting Persons"), and relates to
an increase of the interest of certain of those persons in the shares of common
stock, $.01 per order par value ("Common Stock") of Interstate Hotels
Corporation (the "Issuer") and the addition of certain of the parties who
either maintain discretionary accounts with GGC or are Purchasing Customers as
defined in the Original Schedule 13D.
The persons filing this Amendment No. 1 to Schedule 13D (this "Amendment")
to the extent not Original Reporting Persons (the "Additional Reporting
Persons") do so in connection with the Agreement Respecting Joint Filing of
Schedule 13D and Power of Attorney filed herewith as Exhibit 1 (the "Filing
Agreement"). All Original Reporting Persons file this Amendment in connection
with the exhibit to the Original Schedule 13D. This Amendment reflects the
following facts: (i) Goldberg is a controlling person of Gary GGC, VIP 100 and
Gary Goldberg VIP 100, Inc. ("VIPGP") and, as such, may be deemed to be the
beneficial owner of any shares of Common Stock (the "Shares") of which GGC, VIP
100 or VIPGP may be deemed a beneficial owner; (ii) Goldberg and GGC may be
deemed to be the beneficial owner of any Shares held by any of GGC's customers
who maintain "discretionary accounts" with GGC (pursuant to which accounts GGC
has voting power and/or dispositive power with respect to the Shares); (iii)
certain customers of GGC who do not maintain discretionary accounts with GGC
have purchased Shares based in part upon the recommendation of Goldberg or GGC
and, although there is no agreement or understanding that they will do so, it
may be reasonably anticipated that they will follow the recommendations of
Goldberg or GGC with respect to the voting and/or the disposition of such
Shares; and (iv) as a result of the foregoing, Goldberg, GGC, VIP 100 and the
Purchasing Customers (defined below) may be deemed to be a "group," within the
meaning of Section 13(d)(3) of the Exchange Act. By their execution of the
Filing Agreement, the customers who maintain non-discretionary accounts (the
"Purchasing Customers") have agreed to the reporting of their shares in this
Amendment. Such Filing Agreement shall not be construed as an admission for
purposes of Section 13(d) or 13(g) of the Exchange Act, that (i) any Purchasing
Customer is the beneficial owner of Shares held by any other Reporting Person,
(ii) any other Reporting Person is the beneficial owner of any Shares held by
any Purchasing Customer or (iii) any Purchasing Customer is part of a group.
Customers of GGC who do not maintain discretionary accounts with GGC (other than
the Purchasing Customers) and two customers, owning 3,000 shares who maintain
non-discretionary accounts and have not signed the Filing Agreement, own an
aggregate of 14,863 Shares which were acquired on or about June 18, 1999,
pursuant to a distribution of Shares by Wyndham International, Inc. to its
shareholders in connection with the "spin-off" of 92% of the then issued and
outstanding Common Stock of the Issuer ("Spin-Off"). Other than Spin-Off shares
held by the Original Reporting Persons or the Additional Reporting Persons,
neither such Spin-Off Shares nor the holders thereof are reported in this
Schedule 13D.
In addition, this Amendment is filed to correct typographical errors in
the cover page for Gordon Adsluf (on page 5) and in Item 5(a) (on page 18) of
the Original Schedule 13D. Such corrections reflect that Gordon Adsluf owned
2,199, rather than the indicated 2,000, shares of the Company's Common Stock,
Page 17 of 23
<PAGE>
which represented .0036% of the total issued and outstanding Common Stock of
the Company instead of .0033% of such Common Stock. The respective totals in
such items were correct and, accordingly are not amended herein.
Item 1. Security and Issuer.
- ------- --------------------
No change.
Item 2. Identity and Background.
- ------- ------------------------
(a) - (c) No change, except the following:
The Additional Reporting Persons are identified in the following
table:
<TABLE>
<CAPTION>
Names of Reporting Persons and Names and Principal Address of Residence
Affiliated Persons Principal Occupation Business of Employer or Employer
- ---------------------------------------- ------------------------- -------------------------- ------------------------
<S> <C> <C> <C>
Bassuk, Dr. Brian Director of Education White Plains School 5 Homeside Lane
1 Ulman Terrace Programs District at NY Hospital White Plains, NY 10605
Chestnut Ridge, NY 10952 Westchester Division
Daly, Edward Retired N/A 3 Old Field Point Road
Greenwich, CT 06830
Delvalle, Hugh Retired N/A 29 Blackthorn Lane
White Plains, NY 10606
Drake, Tanya Professor Rockland Community 145 College Road
145 College Road College Suffern, NY 10901
Suffern, NY 10901
Friedel, Robert Retired N/A 1031 Morris Park Avenue
Apartment 1D
Bronx, NY 10461
Haessler, Barbara Retired N/A 7 Maple Street
Valhalla, NY 10595
Heinz, Edward Police Officer Town of Orangetown 26 Orangeburg
211 Lawrence Park Orangeburg, NY 10962
Route 9W
Piermont, NY 10968
Miano, Rocco Assistant Sales Manager Robison Co. 500 Executive Boulevard
6 Mill Court Elmsford, NY 10523
Ardsley, NY 10502
Nathan, Herbert Retired N/A 141-A Aveneda Majorca
Laguna Woods, CA 92653
Ratet, Beulah Retired N/A N/A
</TABLE>
Page 18 of 23
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
82 Ogden Avenue
White Plains, NY 10605
Salit, Murray President Salit & Associates 254 Hempstead Road
254 Hempstead Road Spring Valley, NY 10977
Spring Valley, NY 10977
</TABLE>
(d) - (e) No change.
(f) No change.
The following is added to Item 3:
Item 3. Source and Amount of Funds or Other Consideration.
- ------- --------------------------------------------------
The source of funds used for the purchase of the Common Stock for each
of the individual Additional Reporting Persons was personal funds, and for each
of GGC and VIP 100 was working capital. The amount paid for the Shares purchased
by each of the Additional Reporting Persons is set forth in Item 5 hereof. The
aggregate amount paid for the Common Stock acquired by the Additional Reporting
Persons was approximately $584,000, which amount does not include brokerage
commissions. In addition, the Additional Reporting Persons acquired an aggregate
of 583 Shares pursuant to the Spin-Off, as defined in the Introductory
Statement.
Item 4. Purpose of Transaction.
- ------- -----------------------
No change.
Item 5. Interest in Securities of the Issuer.
- ------- -------------------------------------
No change except that the following table reflects changes in the
beneficial ownership of Original Reporting Persons and the beneficial ownership
of the Additional Reporting Persons:
(a) For purposes of this Schedule 13D, the percentage of the
outstanding Shares beneficially owned has been computed on the basis of
6,394,996 Shares outstanding, based upon the information set forth in the
Company's Quarterly Report on Form 10-Q for the period ended September 30, 1999
filed on November 15, 1999.
<TABLE>
<CAPTION>
Name No. of Shares Beneficially Owned Percentage of Common Stock
- ------------------------------------------ -------------------------------- ---------------------------
<S> <C> <C>
Adsluf, Gordon 2,199 0.034%
Bassuk, Brian 5,000 0.078%
Daly, Edward 3,366 0.053%
Delvalle, Hugh 1,000 0.026%
Drake, Tanya 2,000 0.032%
Friedel, Robert 320 0.005%
Gary Goldberg & Co., Inc. 395,697 6.188%
Gary M. Goldberg 566,520 8.858%
Haessler, Barbara 366 0.006%
Heinz, Edward 1,000 0.017%
Miano, Rocco 2,100 0.033%
Nathan, Herbert 306 0.005%
Ratet, Beulah 1,166 0.018%
</TABLE>
Page 19 of 23
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
Salit, Murray 1,000 0.016%
VIP 100, L.P. 169,080 2.644%
</TABLE>
(b) No change.
(c) No change except the following:
The following table sets forth information with respect to all
transactions in the Common Stock that were effected since the filing of the
Original Schedule 13D by the persons referred to in paragraph (a):
<TABLE>
<CAPTION>
I. Gary Goldberg & Co., Inc.
- ------------------------------------------------------------------------------------------------------------------------
Shareholder Name Date of Type of Number of Price Per
Transaction Transaction (Purchase or Shares Share
Sale)
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Gary Goldberg & Co. 10/13/99 P 5,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/13/99 S 5,000 3
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 10/13/99 P 5,000 3
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 10/13/99 P 5,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/14/99 S 5,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/14/99 P 967 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/15/99 P 1,902 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/15/99 P 1,000 3 3/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/15/99 P 4,033 3 1/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/19/99 P 1,000 3 7/32
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/19/99 S 1,000 3 11/32
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/19/99 P 1,000 3 1/4
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/19/99 S 1,000 3 3/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/21/99 S 103,629 3 3/4
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 10/21/99 P 103,629 3 3/4
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/22/99 P 2,300 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/22/99 P 1,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/22/99 S 3,300 3 1/4
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/28/99 P 1,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/28/99 S 1,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/29/99 P 1,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/29/99 S 1,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/29/99 P 500 3 1/32
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 10/29/99 S 3,000 2 13/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 10/29/99 P 3,000 2 13/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/03/99 P 4,023 3 1/32
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 11/08/99 P 5,000 3 1/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/12/99 P 2 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/16/99 P 300 3
- ------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 20 of 23
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/16/99 S 300 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/18/99 P 10,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/18/99 S 10,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 11/18/99 P 10,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 P 3,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 S 3,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 11/19/99 P 3,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 P 2,095 2 15/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 P 2,905 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 P 15,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 P 10,000 2 15/16
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/19/99 S 25,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 11/19/99 P 25,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/22/99 P 13,000 3
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/22/99 S 13,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Discretionary Acct. 11/22/99 P 13,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co. 11/23/99 S 2,000 3 3/8
- ------------------------------------------------------------------------------------------------------------------------
<CAPTION>
II. VIP 100, L.P.
- ------------------------------------------------------------------------------------------------------------------------
Shareholder Name Date of Type of Number of Price Per
Transaction Transaction Shares Share
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
VIP100 LP 11/23/99 P 80,000 3 1/32
- ------------------------------------------------------------------------------------------------------------------------
VIP100 LP 11/23/99 P 12,500 3
- ------------------------------------------------------------------------------------------------------------------------
<CAPTION>
III. Purchasing Customers
- ------------------------------------------------------------------------------------------------------------------------
Shareholder Name Date of Type of Number of Price
Transaction Transaction (Purchase or Sale) Shares Per Share
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Bassuk, Brian 10/14/99 P 5,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Delvalle, Hugh 10/19/99 P 1,000 3 11/32
- ------------------------------------------------------------------------------------------------------------------------
Ratet, Beulah 10/19/99 P 1,000 3 3/8
- ------------------------------------------------------------------------------------------------------------------------
Daly, Edward 10/22/99 P 3,300 3 1/4
- ------------------------------------------------------------------------------------------------------------------------
Drake, Tanya 10/22/99 P 1,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Drake, Tanya 10/22/99 P 1,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Nathan, Herbert 10/26/99 P 300 2 15/16
- ------------------------------------------------------------------------------------------------------------------------
Heinz, Edward 10/28/99 P 1,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Salit, Murray 10/29/99 P 1,000 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Haessler, Barbara 11/16/99 P 300 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
Miano, Rocco 11/23/99 P 2,000 3 3/8
- ------------------------------------------------------------------------------------------------------------------------
Friedel, Robert 11/23/99 P 304 3 1/8
- ------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 21 of 23
<PAGE>
(d) None, other than broker-dealers providing credit for Shares held
on margin on customary terms.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
- ------- ---------------------------------------------------------------------
to Securities of the Issuer.
----------------------------
None, except for the Filing Agreement filed herewith and the customer
account agreements between GGC and its customers.
Item 7. Material to be Filed as Exhibits.
- ------- ---------------------------------
Exhibit 1. Agreement Respecting Joint Filing of Schedule 13D and
Power of Attorney.
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: November 23, 1999.
/s/ Gary M. Goldberg
---------------------------
Gary M. Goldberg
GARY GOLDBERG & CO., INC.
By:/s/ Gary M. Goldberg
-------------------------
Gary M. Goldberg, President
VIP 100, L.P.
By: Gary Goldberg VIP, Inc.,
general partner
By:/s/ Gary M. Goldberg
---------------------------
Gary M. Goldberg, President
/s/ Gary M. Goldberg
----------------------------------------
Gary M. Goldberg, as attorney-in-fact for Gordon Adsluf,
Brian Bassuk, Annette Berkman, Edward Carter, Edward Daly,
Hugh Delvalle, Maxine Dombrow, Tanya Drake, Louis Ecker,
Alan Frankel, Robert Friedel, Barbara Haessler, Edward
Heinz, Dorothy Lopreato, Rita
Page 22 of 23
<PAGE>
Mayerson, Rocco Miano, Herbert Nathan, Paul Nussbaum,
Beulah Ratet and Murray Salit.
Page 23 of 23
EXHIBIT 1
AGREEMENT
RESPECTING JOINT FILING OF SCHEDULE 13D AND POWER OF ATTORNEY
The undersigned hereby agrees to jointly prepare and file with
appropriate regulatory authorities a Schedule 13D pursuant to the Securities
Exchange Act of 1934, as amended, and amendments thereto, reporting the
ownership by the undersigned, Gary M. Goldberg and certain other persons of
shares of common stock of Interstate Hotels Corporation, a Maryland corporation,
and hereby affirms that such Schedule 13D and amendments thereto are being filed
on behalf of the undersigned. The undersigned is entering into this Joint Filing
Agreement and, in connection therewith, hereby appoints Gary M. Goldberg as
attorney-in-fact to file said Schedule 13D and any amendments thereto on his,
her or its behalf.
IN WITNESS THEREOF this Joint Filing Agreement may be executed in one
or more counterparts, each of which shall be deemed an original for all purposes
and all of which together shall constitute one and the same Agreement, and this
Agreement may be executed by a written facsimile signature of any party.
Dated: .
----------------------
- --------------------------------- --------------------------------------
Gary M. Goldberg Signature of Reporting Person
Print Name:
---------------------------
