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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Capital Trust
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(Name of Issuer)
Class A Common Shares of Beneficial Interest,
Par Value $1.00 Per Share
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(Title of Class of Securities)
140920109
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(CUSIP Number)
Stanley M. Stevens
Chief Legal Counsel
Equity Office Properties Trust
Two North Riverside Plaza, Suite 2200
Chicago, IL 60606
(312) 466-3300
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
July 28, 1998
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box / /.
Page 1 of 4 Pages
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CUSIP No. 140920109 13D Page 2 of 4 Pages
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(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
EOP Operating Limited Partnership FEIN: 36-4156801
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (b) /X/
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(3) SEC Use Only
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(4) Source of Funds
BK (1)
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) / /
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(6) Citizenship or Place of Organization
Delaware
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Number of Shares (7) Sole Voting
Beneficially Owned Power 4,273,500 (1)(2)
by Each Reporting --------------------------------------------------
Person (8) Shared Voting
Power 0 (1)
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(9) Sole Dispositive
Power 4,273,500 (1)(2)
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(10) Shared Dispositive
Power 0 (1)
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
4,273,500 (1)(2)
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
/ /
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(13) Percent of Class Represented by Amount in Row (11)
19.0% (1)(2)(3)(4)
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(14) Type of Reporting Person
OO
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(1) As previously reported on the original Schedule 13D filed on August 6,
1998 by EOP Operating Limited Partnership.
(2) Consists of 4,273,500 shares which EOP Operating Limited Partnership
currently has the right to acquire upon conversion of securities held by
it, as more fully described in Item 4 of the Original Schedule 13D filed
on August 6, 1998.
(3) Assuming issuance of an additional 4,273,500 shares upon conversion by
EOP Operating Limited Partnership.
(4) Based upon 18,229,650 shares outstanding, as reported in the Issuer's
Form 10-Q for the quarter ended March 31, 1998.
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Page 3 of 4 Pages
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This Amendment No. 1 amends the Schedule 13D filed on August 6, 1998 by
EOP Operating Limited Partnership ("EOP") with respect to the Class A Common
Shares of Beneficial Interest, par value $1.00 per share (the "Common
Shares"), of Capital Trust, a California business trust. Only those items
amended are reported herein.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) and (b). Timothy H. Callahan, listed on Appendix A to the original
Schedule 13D as the President and Chief Executive Officer of EOP's managing
general partner, beneficially owns 18,181 Common Shares.
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Page 4 of 4 Pages
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SIGNATURE
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.
August 24, 1998
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(Date)
EOP OPERATING LIMITED PARTNERSHIP
By: Equity Office Properties Trust, its
managing general partner
By: /s/ Stanley M. Stevens
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Name: Stanley M. Stevens
Title: Executive Vice President,
Chief Legal Counsel and
Secretary
