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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Amerihost Properties, Inc.
________________________________________________________________________________
(Name of Issuer)
Common Stock
________________________________________________________________________________
(Title of Class of Securities)
03070-D-209
________________________________________________________________________________
(CUSIP Number)
Kenneth M. Fell
30 S. Wacker Drive, Suite 1003
Chicago, IL 60606 (312) 382-1984
________________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
September 22, 2000
________________________________________________________________________________
(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 (S)(S)240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [_]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See(S)240.13d-7 for other
parties to whom copies are to be
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sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. 03070-D-209
-----------------
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
Kenneth M. Fell
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS (See Instructions)
4 PF
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6 United States
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SOLE VOTING POWER
7
NUMBER OF 377,520
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 377,520
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
377,520
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
(See Instructions)
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
7.6%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (See Instructions)
14
IN
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Instructions for Cover Page
(1) Names and I.R.S. Identification Numbers of Reporting Persons--Furnish
the full legal name of each person for whom the report is filed -
i.e., each person required to sign the schedule itself - including
each member of a group. Do not include the name of a person required
to be identified in the report but who is not a reporting person.
Reporting persons that are entities are also requested to furnish
their I.R.S. identification numbers, although disclosure of such
numbers is voluntary, not mandatory (see "SPECIAL INSTRUCTIONS FOR
COMPLYING WITH SCHEDULE 13D" below).
(2) If any of the shares beneficially owned by a reporting person are held
as a member of a group and the membership is expressly affirmed,
please check row 2(a). If the reporting person disclaims membership in
a group or describes a relationship with other persons but does not
affirm the existence of a group, please check row 2(b) [unless it is a
joint filing pursuant to Rule 13d-1(k)(1) in which case it may not be
necessary to check row 2(b)].
(3) The 3rd row is for SEC internal use; please leave blank.
(4) Classify the source of funds or other consideration used or to be used
in making purchases as required to be disclosed pursuant to Item 3 of
Schedule 13D and insert the appropriate symbol (or symbols if more
than one is necessary) in row (4):
Category of Source Symbol
Subject Company (Company whose securities are being acquired) SC
Bank BK
Affiliate (of reporting person) AF
<PAGE>
Item 1. Security and Issuer.
Common Stock, par value $0.005 per share.
Amerihost Properties, Inc.
2355 S. Arlington Heights Rd.
Suite 400
Arlington Heights, Illinois 60005
Item 2. Identity and Background.
(a) Name: Kenneth M. Fell
(b) Business Address: 30 S. Wacker Drive
Suite 1003
Chicago, Illinois 60606
(c) Mr. Fell's principal occupation is president of KF Inc. a financial
derivatives trading corporation.
(d) During the last five years, Mr. Fell has not been convicted in a
criminal proceeding (excluding traffic violations).
(e) During the last five years Mr. Fell has not been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction.
(f) Mr. Fell is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Considerations.
Mr. Fell purchased the shares of Common Stock with personal funds.
Item 4. Purpose of Transaction
Mr. Fell's purchases of Common Stock were made for investment purposes.
He presently does not have any plans or proposals to offer management of
Amerihost Properties, Inc. and may from time to time acquire additional
shares of Common Stock or dispose of his shares.
Item 5. Interest in Securities of the Issuer.
(a) Mr. Fell beneficially owns 377,520 shares of Common Stock.
(b) Mr. Fell has sole voting power and sole dispositive powers with
respect to all 377,520 shares of Common Stock he beneficially owns.
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(c) During the last sixty days, Mr. Fell acquired the following shares
of Amerihost Properties, Inc. Common Stock.
Date Shares Price Market Purchase Effected Through
---- ------ ----- --------------------------------
7-25-00 5,800 3.49 National Sec.
7-26-00 10,000 3.50 National Sec.
7-31-00 1,000 3.50 National Sec.
8-15-00 (2,400) 3.45 National Sec.
8-16-00 (400) 3.41 National Sec.
8-16-00 900 3.31 National Sec.
8-18-00 (3,500) 4.07 National Sec.
8-21-00 (2,100) 3.68 National Sec.
8-21-00 100 3.31 National Sec.
8-22-00 200 3.31 National Sec.
9-06-00 1,100 3.31 National Sec.
9-07-00 (200) 3.28 National Sec.
9-12-00 1,000 3.19 National Sec.
9-14-00 (400) 3.19 National Sec.
9-14-00 9,100 3.46 National Sec.
9-14-00 2,200 3.50 E*Trade
9-18-00 (500) 3.19 National Sec.
9-19-00 1,500 3.09 National Sec.
9-19-00 (3,000) 3.13 E*Trade
9-19-00 (1,100) 3.19 E*Trade
9-22-00 (200) 3.38 National Sec.
9-22-00 2,400 3.56 National Sec.
9-22-00 12,300 3.60 E*Trade
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Mr. Fell is not a party to any contracts, arrangements, understandings
or relationships with respect to securities of Amerihost Properties,
Inc.
Item 7. Material to be filed as Exhibits.
None.
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.
September 22, 2000
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Kenneth M. Fell
