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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(b) AND (c) AND AMENDMENTS THERETO
FILED PURSUANT TO 13D-2(b)
American Retirement Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
028913 10 1
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(CUSIP Number)
Page 1 of 6 Pages
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CUSIP No. 028913 10 1 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
H. Lee Barfield II
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 620,577
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 620,577
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PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
620,577
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(a) [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 6 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Mary Louise Frist Barfield
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 620,577
----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 620,577
----------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
620,577
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(a) [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 4 of 6 Pages
SCHEDULE 13G
Item 1(a). Name of Issuer: American Retirement Corporation
("ACR")
Item 1(b). Address of Issuer's 111 Westwood Place, Suite 402
Principal Executive Brentwood, Tennessee 37027
Offices:
Item 2(a). Name of Persons Filing: H. Lee Barfield II ("H. Barfield")
Mary Louise Frist Barfield
("M. Barfield")
Item 2(b). Address of Principal 2700 First American Center
Business Office: Nashville, Tennessee 37238 is the
business address for H. Barfield
and for M. Barfield, in care of H.
Barfield.
Item 2(c). Organization/Citizenship: H. Barfield and M. Barfield are
each United States citizens.
Item 2(d). Title of Class Common stock
of Securities: ("Common Stock")
Item 2(e). CUSIP Number: 028913 10 1
Item 3. Inapplicable.
Item 4. Ownership.
This Schedule 13G is filed jointly by the reporting persons to
reflect beneficial ownership of Common Stock by H. Barfield and M. Barfield and
certain overlapping beneficial ownership of such persons.
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Page 5 of 6 Pages
<TABLE>
<CAPTION>
Total Shares Shared
of ACR Common Percent Sole Shared Sole Power
Stock Beneficially of Voting Voting Power to to
Person Owned Class(1) Power Power Dispose Dispose
------ ------------------ -------- -------- ------- --------- -------
<S> <C> <C> <C> <C> <C> <C>
H. Barfield 620,577(2) 5.4% 620,577 -- 620,577 --
M. Barfield 620,577(3) 5.4% 620,577 -- 620,577 --
</TABLE>
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(1) Based on 11,420,860 shares of Common Stock outstanding as of December
31, 1997.
(2) Includes 2,708 shares beneficially owned by H. Barfield that he has the
right to acquire pursuant to the conversion provisions of ACR's 5 3/4%
Convertible Subordinated Debentures Due 2002 ("Conversion Shares") and
473,065 shares beneficially owned by H. Barfield's wife, M. Barfield.
(3) Includes 208 Conversion Shares beneficially owned by M. Barfield, 147,512
shares beneficially owned by M. Barfield's husband, H. Barfield, and an
aggregate of 184,804 shares beneficially owned by trusts for the benefit of
M. Barfield's children, of which M. Barfield serves as trustee.
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Inapplicable.
Item 8. Identification and Classification of Members of the Group.
Inapplicable.
Item 9. Notice of Dissolution of Group.
Inapplicable.
Item 10. Certification.
Inapplicable.
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Page 6 of 6 Pages
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned certify that the information
set forth in this statement is true, complete, and correct.
H. Lee Barfield II
/s/ H. Lee Barfield II
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Mary Louise Frist Barfield
/s/ Mary Louise Frist Barfield
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