<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.__)
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)
September 27, 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 1 of 22 Pages)
<PAGE>
CUSIP NO. 46088R108 Page 2 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
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 379,428 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
379,428 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 3 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
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
- ------------------- ------- ----------------------------------------------------------------------------------------
7
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 237,126 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
237,126 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON
CO
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 4 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
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
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
- ------------------- ------- ----------------------------------------------------------------------------------------
7
NUMBER OF SHARES SOLE VOTING POWER
BENEFICIALLY 76,580 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
76,580 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON
PN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 5 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
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
- ------------------- ------- ----------------------------------------------------------------------------------------
7
NUMBER OF SHARES 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
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 6 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Annette Berkman
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 666 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
666 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 7 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Edward Carter
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 10,000 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
10,000 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 8 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Maxine Dombrow
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 262 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
262 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 9 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Louis Ecker
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 5,100 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
5,100 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 10 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Alan Frankel
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 300 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
300 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 11 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Dorothy Lopreato
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 2,200 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
2,200 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 12 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Rita Mayersohn
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 1,500 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
1,500 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP NO. 46088R108 Page 13 of 22 Pages
<TABLE>
<S> <C>
- ------------------- ------------------------------------------------------------------------------------------------
1
NAME OF REPORTING PERSON
Paul Nussbaum
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 41,752 shares (see Introductory Statement)
OWNED BY EACH
REPORTING PERSON
WITH
------- ----------------------------------------------------------------------------------------
8
SHARED VOTING POWER
0
------- ----------------------------------------------------------------------------------------
9
SOLE DISPOSITIVE POWER
41,752 shares (see Introductory Statement)
------- ----------------------------------------------------------------------------------------
10
SHARED DISPOSITIVE POWER
0
- ------------------- ------------------------------------------------------------------------------------------------
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
379,428 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 6.26% (see Introductory Statement)
- ------------------- ------------------------------------------------------------------------------------------------
14
TYPE OF REPORTING PERSON*
IN
- ------------------- ------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Introductory Statement
- ----------------------
This Introductory Statement relates to the interest of certain persons
in the shares of common stock, $.01 per order par value ("Common Stock") of
Interstate Hotels Corporation (the "Issuer").
The persons filing this Schedule 13D (the "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"). This Schedule
13D reflects the following facts: (i) Gary M. Goldberg ("Goldberg") is a
controlling person of Gary Goldberg & Co., Inc. ("GGC"), VIP 100, L.P. ("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 such
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 may be deemed to be a "group," within
the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). By their execution of the Filing Agreement, the
customers who maintain non-discretionary accounts included herein as Reporting
Persons (the "Purchasing Customers") have agreed to the reporting of their
shares in this Schedule 13D. 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 one customer, owning 1,000 shares who
maintains a non-discretionary account and has not signed the Filing Agreement,
own an aggregate of 14,869 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"). Neither such 14,869 Shares
nor the holders thereof are reported in this Schedule 13D.
Page 14 of 22
<PAGE>
Item 1. Security and Issuer.
- ------- --------------------
This Schedule 13D relates to the common stock, $.01 par value per share
(the "Common Stock"), of Interstate Hotels Corporation, a Maryland corporation
(the "Issuer"). The address of the principal executive offices of the Issuer is
680 Andersen Drive, Foster Plaza Ten, Pittsburgh, Pennsylvania 15220.
Item 2. Identity and Background.
- ------- ------------------------
(a) - (c) Gary M. Goldberg ("Goldberg") is the President and
controlling stockholder of each of (i) Gary Goldberg & Co., Inc., a Delaware
corporation ("GGC"), and (ii) Gary Goldberg VIP 100, Inc. ("VIPGP"), a Delaware
corporation and the general partner of VIP 100, L.P., a Delaware limited
partnership ("VIP 100"). Each of Goldberg, GGC, VIP 100 and VIPGP conducts his
or its principal business and has his or its principal office at Montebello
Park, 75 Montebello Road, Suffern, New York 10901.
The persons filing this Schedule 13D (the "Reporting Persons")
and all persons who are executive officers and directors of GGC or VIPGP
("Affiliated Persons") are listed in the following table:
<TABLE>
<CAPTION>
Names of Reporting Persons and Address of Residence
Affiliated Persons Names and Principal or Employer
Principal Occupation Business of Employer
- ---------------------------------------- ------------------------- -------------------------- ------------------------
<S> <C> <C> <C>
Adsluf, Gordon Retired N/A N/A
42 Taumtom St.
Yonkers, NY 10704
Berkman, Annette Retired N/A N/A
71 Joyce Rd.
Hartsdale, NY 10530
Carter, Edward Retired N/A N/A
109 12th St.
Verplanek, NY 10596
Dombrow, Maxine Self employed Larmax Products 18 Lancaster Dr.
18 Lancaster Dr. (sale of dental products) Suffern, NY 10501
Suffern, NY 10501
Ecker, Louis Attorney Solo practitioner 1 Executive Blvd.
19 Kolbert Dr. Yonkers, NY 10701
Scarsdale, NY 10583
Frankel, Alan Teacher (i) IS 174 District 8 and (i) 456 White Plains
303 Mallard Way (ii) Westchester Rd., Bronx 10473 and
Peekskill, NY 10566 Community College (ii) Grosslands Rd.,
Valhalla, NY 10595
Gary Goldberg & Co.,Inc. Broker-dealer N/A N/A
75 Montebello Rd.
Suffern, NY 10901
Gary M. Goldberg President Gary Goldberg & Co., 75 Montebello Rd.
24 Viola Rd. Inc. Suffern, NY 10901
</TABLE>
Page 15 of 22
<PAGE>
<TABLE>
<CAPTION>
Names of Reporting Persons and Address of Residence
Affiliated Persons Names and Principal or Employer
Principal Occupation Business of Employer
- ---------------------------------------- ------------------------- -------------------------- ------------------------
<S> <C> <C> <C>
Suffern, NY 10901 (broker-dealer)
Lopreato, Dorothy Homemaker N/A N/A
51 East St.
West Nyack, NY 10994
Mayersohn, Rita Homemaker N/A N/A
18 Ann Blvd.
Chedtnut Ridge, NY 10977
Nussbaum, Paul President Panco Services, Inc. 16475 Dallas Pkwy
5226 Brookview (Real Estate Investment) Addison, TX 75001
Dallas, TX 75220
VIP 100, L.P. Investment limited N/A N/A
75 Montebello Rd. partnership
Suffern, NY 10901
Gary Goldberg VIP 100, Inc. General Partner of VIP N/A N/A
75 Montebello Rd. 100, L.P.
Suffern, NY 10901
DiPalma, Barbara Executive - Financial Gary Goldberg & Co., 75 Montebello Rd.
75 Montebello Rd. Planning Inc. (broker-dealer) Suffern, NY 10901
Suffern, NY 10901
Horowitz, Emanuel Executive - Financial Gary Goldberg & Co., 75 Montebello Rd.
75 Montebello Rd. Planning Inc. (broker-dealer) Suffern, NY 10901
Suffern, NY 10901
Proto, Florence A. Senior Vice President Gary Goldberg & Co., 75 Montebello Rd.
75 Montebello Rd. of Operations Inc. (broker-dealer) Suffern, NY 10901
Suffern, NY 10901
Dedel, Peter J. D. Executive - Stock Gary Goldberg & Co., 75 Montebello Rd.
75 Montebello Rd. Brokering Services Inc. (broker-dealer) Suffern, NY 10901
Suffern, NY 10901
Kern, Kevin G. Vice President Gary Goldberg Planning 75 Montebello Rd.
75 Montebello Rd. Services (broker-dealer) Suffern, NY 10901
Suffern, NY 10901
</TABLE>
(d) - (e) None of the Reporting Persons or Affiliated Persons has,
during the last five years, (i) been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (ii) been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, Federal or State securities laws or finding any violation
with respect to such laws.
(f) Each of the individual Reporting Persons is a citizen of
the United States of America.
Item 3. Source and Amount of Funds or Other Consideration.
- ------- --------------------------------------------------
The source of funds used for the purchase of Shares for
Page 16 of 22
<PAGE>
each of the individual 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 reporting persons is set forth in Item 5 hereof. The aggregate
amount paid for the Common Stock acquired by the Reporting Persons was
approximately $1,423,900, which amount does not include brokerage commissions.
In addition, the Reporting Persons acquired an aggregate of 39,490 Shares
pursuant to the Spin-Off, as defined in the Introductory Statement.
Item 4. Purpose of Transaction.
- ------- -----------------------
Shares were acquired by the Reporting Persons for investment purposes
and in contemplation that the Reporting Persons may, individually or as part of
a group, acquire sufficient additional Shares to permit the Reporting Persons or
such group to gain control of the Issuer. Except as reported in this Schedule
13D, the Reporting Persons are not currently part of any group formed for the
purpose of acquiring common stock or control of the Issuer. The Reporting
Persons have entered into and become parties to the Filing Agreement to enable
Goldberg to file this Schedule 13D on their behalf. The Reporting Persons may
make additional purchases of Common Stock in the open market or in private
transactions depending on, among other factors, an evaluation of the Issuer's
business, prospects and financial condition, the market for the Common Stock,
the availability to the Reporting Persons of funding to make such purchases and
the ability to make such purchases without triggering exercisability of the
rights issued pursuant to the Issuer's shareholder rights plan. In addition, the
Reporting Persons will assess whether it is desirable and possible for the
Reporting Persons to acquire sufficient additional Shares in order to gain
control of the Issuer or to otherwise influence the management and policies of
the Issuer. None of the Reporting Persons has made any determination to acquire
additional Shares, to acquire control of the Issuer or otherwise to attempt to
influence the management or policies of the Issuer and, as of the date hereof,
none of the Reporting Persons has any plans or proposals which relate to or
would result in: (a) the acquisition of additional securities of the Issuer or
the disposition of presently-owned securities of the Issuer; (b) an
extraordinary corporate transaction involving the Issuer; (c) a sale or transfer
of a material amount of assets of the Issuer; (d) any change in the present
board of directors or management of the Issuer; (e) any material change in the
present capitalization or dividend policy of the Issuer; (f) any other material
change in the Issuer's business or corporate structure; (g) any change in the
Issuer's charter or by-laws or instruments corresponding thereto or other
actions which may impede the acquisition of control of the Issuer by any person;
(h) causing the Common Stock to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
or (i) causing the Common Stock to become eligible for termination of
registration pursuant to Section 12(g)(4) of the Exchange Act; or (j) any action
similar to any of those enumerated above. The Reporting Persons, however,
reserve the right, at a later date, alone or together with others, to seek to
effect one or more of such changes or transactions.
Item 5. Interest in Securities of the Issuer.
- ------- -------------------------------------
The aggregate number and percentage of Shares beneficially owned by
each of the Reporting Persons and each of the Affiliated Persons (including each
of the Purchasing Customers, as defined in the Introductory Statement, who may
be deemed to comprise a group within the meaning of Section 13(d)(3) of the
Exchange Act) are set forth in the following table. None of the persons named in
the following table hold any options or other rights to acquire the Common
Stock.
Page 17 of 22
<PAGE>
(a) For purposes of this Schedule 13D, the percentage of the
outstanding Shares beneficially owned has been computed on the basis of
6,063,079 Shares outstanding, based upon the information set forth in the
Company's Quarterly Report on Form 10-Q for the period ended June 30, 1999.
<TABLE>
<CAPTION>
Name No. of Shares Beneficially Owned Percentage of Common Stock
- ------------------------------------------ ---------------------------------------- ----------------------------------
<S> <C> <C>
Adsluf, Gordon 2,000 0.033%
Berkman, Annette 666 0.011%
Carter, Edward 10,000 0.165%
Dombrow, Maxine 262 0.004%
Ecker, Louis 5,100 0.084%
Frankel, Alan 300 0.005%
Gary Goldberg & Co., Inc. 237,126 3.911%
Gary M. Goldberg 379,428 6.258%
Lopreato, Dorothy 2,200 0.036%
Mayersohn, Rita 1,500 0.025%
Nussbaum, Paul 41,752 0.689%
VIP 100, L.P. 76,580 1.263%
</TABLE>
(b) Reference is made to the information set forth on lines 7
through 10 of each of the cover pages of this Schedule 13D with respect to each
Reporting Person's voting power and disposition power with respect to the
Shares. None of the Affiliated Persons is the beneficial owner of Shares, except
to the extent that Shares attributable to a Reporting Person may be attributable
to them. Each of the Purchasing Customers, except to the extent such Purchasing
Customers are deemed to be members of a group, has sole voting power and
disposition power with respect to all Shares beneficially owned.
(c) The following table sets forth information with respect to
all transactions in the Common Stock that were effected during the past 60 days
by the persons referred to in paragraph (a).
Page 18 of 22
<PAGE>
<TABLE>
<CAPTION>
I. Gary Goldberg & Co., Inc.
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Type of
Transaction,
Date of (Purchase) or Number of Price of
Name Transaction (Sale) Shares Shares
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
<S> <C> <C> <C> <C>
Gary Goldberg & Co. 07/15/99 P 10,000 4 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/15/99 P 4,200 4 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/15/99 P 10,000 4 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/16/99 P 3,100 4 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/19/99 P 10,000 4 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/19/99 P 10,000 4 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/19/99 P 10,000 4 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/20/99 P 5,000 4 7/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/20/99 P 5,000 4 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/20/99 P 233 4 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/21/99 P 1,800 4 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/22/99 P 3,000 4 7/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/22/99 P 5,000 4 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/23/99 P 3,100 4 7/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 07/23/99 P 4,056 4 7/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/05/99 P 5,000 4 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/05/99 S 5,000 4 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/05/99 P 1,700 4 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/06/99 P 1,000 4 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/09/99 P 5,000 4 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/10/99 P 5,000 4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/10/99 P 5,000 4 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/11/99 P 10,000 4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/12/99 P 5,000 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- ------- -----------
Gary Goldberg & Co. 08/17/99 P 5,000 4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/17/99 P 1,000 4 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/17/99 S 6,000 4 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/17/99 P 5,000 4 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/17/99 P 4,000 4 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/18/99 P 102 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/24/99 P 3,898 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/24/99 S 4,000 4 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/24/99 P 5,000 3 13/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/24/99 P 5,778 3 7/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/25/99 P 102 3 13/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/27/99 P 4,162 3 13/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/27/99 S 4,162 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/27/99 P 4,162 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/30/99 P 5,838 3 13/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/30/99 S 5,838 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/30/99 P 5,838 3 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/30/99 P 6,400 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/30/99 S 6,400 3 7/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/30/99 P 6,400 3 7/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 08/31/99 P 3,600 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 08/31/99 P 3,600 3 7/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 S 3,600 3 7/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 P 10,000 3 5/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 S 10,000 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
</TABLE>
Page 19 of 22
<PAGE>
<TABLE>
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
<S> <C> <C> <C> <C>
Discretionary Acct. 09/01/99 P 10,000 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 P 1,000 3 5/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 S 1,000 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 P 1,000 3 5/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/01/99 S 1,000 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 09/01/99 P 1,000 3 3/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/02/99 P 114 3 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/03/99 P 1,586 3 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/03/99 S 1,700 3 5/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 09/03/99 P 1,700 3 5/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/03/99 P 503 3 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/07/99 P 4,497 3 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/08/99 P 495 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/09/99 P 266 3 9/32
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/10/99 P 500 3 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/10/99 S 500 3 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/10/99 P 2,239 3 9/32
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/15/99 S 5,000 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/15/99 S 5,000 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 09/15/99 P 5,000 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/15/99 P 46 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/16/99 P 600 3 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 09/16/99 P 1,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/16/99 P 1,600 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/16/99 S 2,200 3 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 09/16/99 P 1,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/22/99 P 2,666 2 15/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/22/99 P 5,000 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/23/99 S 10,000 3 5/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/23/99 P 300 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/24/99 S 5,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/24/99 P 5,000 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/24/99 P 186 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/27/99 S 5,000 3 3/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/27/99 P 5,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/27/99 P 630 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 S 10,000 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 S 5,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 S 5,000 3 5/16
- -------------------------------- ------------------- --------------------- ----------------------- ------- -----------
Gary Goldberg & Co. 09/28/99 P 10,000 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 P 5,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 P 5,000 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 P 20 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/28/99 P 25 3 5/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/29/99 P 1,500 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/29/99 S 1,500 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/29/99 P 2,752 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/29/99 P 500 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/29/99 S 3,252 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/29/99 P 3,252 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/30/99 P 6,752 3 3/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/30/99 S 6,752 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- ------- -----------
Gary Goldberg & Co. 09/30/99 P 1,000 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/30/99 P 1,248 3 3/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 09/30/99 S 2,248 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
</TABLE>
Page 20 of 22
<PAGE>
<TABLE>
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
<S> <C> <C> <C> <C>
Discretionary Acct. 09/30/99 P 2,248 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/01/99 S 5,000 3 5/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/01/99 P 5,000 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/01/99 P 907 3 3/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/04/99 S 20,200 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/04/99 P 625 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/05/99 S 2,000 3 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/05/99 S 40,800 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Discretionary Acct. 10/05/99 P 40,800 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/07/99 P 5,000 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Gary Goldberg & Co. 10/07/99 P 322 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
</TABLE>
<TABLE>
<CAPTION>
II. VIP 100, L.P.
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Type of
Transaction,
Date of (Purchase) or Number of Price of
Name Transaction (Sale) Shares Shares
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
<S> <C> <C> <C> <C>
VIP100 LP 08/25/99 P 10,000 3.8115
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
VIP100 LP 10/04/99 P 20,000 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
VIP100 LP 10/05/99 P 20,000 3.1313
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
</TABLE>
<TABLE>
<CAPTION>
III. PURCHASING CUSTOMERS
- ----------------------------------------------------------------------------------------------------------------------
Type of
Transaction,
Date of (Purchase) Number of Price of
Name Transaction or (Sale) Shares Shares
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
<S> <C> <C> <C> <C>
Adsluf, Gordon 10/05/99 P 2,000 3 9/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Berkman, Annette 09/10/99 P 500 3 1/2
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Carter, Edward 09/23/99 P 10,000 3 5/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Dombrow, Maxine 09/01/99 P 234 3 11/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Ecker, Louis 08/05/99 P 5,000 4 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Frankel, Alan 08/31/99 P 200 3 7/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Frankel, Alan 10/11/99 P 100 3
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Lopreato, Dorothy 09/16/99 P 2,200 3 3/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Mayersohn, Rita 09/29/99 P 1,500 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Nussbaum, Paul 09/24/99 P 5,000 3 1/8
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Nussbaum, Paul 09/27/99 P 5,000 3 3/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Nussbaum, Paul 09/28/99 P 20,000 3 1/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Nussbaum, Paul 09/30/99 P 6,752 3 1/4
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
Nussbaum, Paul 10/01/99 P 5,000 3 5/16
- -------------------------------- ------------------- --------------------- ----------------------- -------------------
</TABLE>
(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.
Page 21 of 22
<PAGE>
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: October 12, 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, Annette Berkman,
Edward Carter, Maxine Dombrow, Louis
Ecker, Alan Frankel, Dorothy
Lopreato, Rita Mayersohn and Paul
Nussbaum.
Page 22 of 22
<PAGE>
Exhibit 1
AGREEMENT
RESPECTING JOINT FILING OF SCHEDULE 13D AND POWER OF ATTORNEY
The undersigned hereby agree to jointly prepare and file with regulatory
authorities a Schedule 13D reporting each of the undersigned's ownership of
shares of common stock of Interstate Hotels Corporation, a Maryland corporation,
and hereby affirm that such Schedule 13D is being filed on behalf of each of the
undersigned. The undersigned are entering into this Joint Filing Agreement and,
in connection therewith, each of the undersigned 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 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 effected by a written facsimile signature of any party.
Dated October 7, 1999.
/s/ Gary M. Goldberg
- --------------------
Gary M. Goldberg
GARY GOLDBERG & CO., INC.
By: /s/ Gary M. Goldberg
---------------------------
Gary M. Goldberg, President
Gary Goldberg VIP 100, Inc., general partner, for VIP 100, L.P.
By: /s/ Gary M. Goldberg
---------------------------
Gary M. Goldberg, President
Gary Goldberg VIP, Inc.
By: /s/ Gary M. Goldberg
---------------------------
Gary M. Goldberg, President
/s/ Annette Berkman
- -------------------
Ms. Annette Berkman
/s/ Edward Carter
- -----------------
Mr. Edward Carter
/s/ Maxine Dombrow
- ------------------
Ms. Maxine Dombrow
/s/ Louis Ecker
- ---------------
Mr. Louis Ecker
/s/ Alan Frankel
- ----------------
Mr. Alan Frankel
/s/ Dorothy Lopreato
- --------------------
Ms. Dorothy Lopreato
/s/ Rita Mayersohn
- ------------------
Ms. Rita Mayersohn
/s/ Paul Nussbaum
- -----------------
Mr. Paul Nussbaum
