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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Fascitelli, Elizabeth C.
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(Last) (First) (Middle)
c/o Goldman, Sachs & Co.
85 Broad Street
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(Street)
New York, NY 10004
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Carmike Cinemas, Inc.
(CKE)
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Year
January/1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ X ] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, |
or Beneficially Owned |
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| | | | |6. | |
| | | 4. |5. |Owner- | |
| | | Securities Acquired (A) or |Amount of |ship | |
| | 3. | Disposed of (D) |Securities |Form: |7. |
|2. | Transaction| (Instr. 3, 4 and 5) |Beneficially |Direct |Nature of |
|Transaction | Code | -------------------------------|Owned at End |(D) or |Indirect |
1. |Date | (Instr. 8) | | (A) | |of Month |Indirect |Beneficial|
Title of Security |(Month/Day/ | -----------| Amount | or | Price |(Instr. 3 |(I) |Ownership |
(Instr. 3) |Year) | Code | V | | (D) | |and 4) |(Instr.4)|(Instr. 4)|
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | |
| | | | | | | | | |
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
FORM 4 (continued)
<TABLE>
<CAPTION>
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
(e.g., puts, calls, warrants, options, convertible securities) |
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| | | | | | | |9. |10. | |
| | | | | | | |Number |Owner-| |
| | | | | | | |of |ship | |
|2. | | | | | | |Deriv- |of | |
|Conver-| | | 5. | |7. | |ative |Deriv-|11. |
|sion | | | Number of | |Title and Amount | |Secur- |ative |Nature|
|or | | | Derivative |6. |of Underlying |8. |ities |Secur-|of |
|Exer- | |4. | Securities |Date |Securities |Price |Bene- |ity: |In- |
|cise |3. |Trans-| Acquired (A) |Exercisable and |(Instr. 3 and 4) |of |ficially |Direct|direct|
|Price |Trans- |action| or Disposed |Expiration Date |-----------------------|Deriv- |Owned |(D) or|Bene- |
1. |of |action |Code | of (D) |(Month/Day/Year) | |Amount |ative |at End |In- |ficial|
Title of |Deriv- |Date |(Instr| (Instr. 3, |-----------------| |or |Secur- |of |direct|Owner-|
Derivative |ative |(Month/|8) | 4 and 5) |Date |Expira- | |Number |ity |Month |(I) |ship |
Security |Secur- |Day/ |------| ------------ |Exer- |tion | |of |(Instr. |(Instr. |(Instr|(Instr|
(Instr. 3) |ity |Year) |Code|V| (A) | (D) |cisable |Date |Title |Shares |5) |4) |4) |4) |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5.5% | | | | | | | | | | | | | | |
Series A Senior | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Exchangeable | | | | | | | | | | | | | | |
Preferred Stock, | | | | | | | | |Class A | | | | | |
par value $1.00 | $25.00|1/20/99| S | | | 01 |11/30/99| 02 |Common Stock | 01,02 | 01 | | I | 03 |
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5.5% | | | | | | | | | | | | | | |
Series A Senior | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Exchangeable | | | | | | | | | | | | | | |
Preferred Stock, | | | | | | | | |Class A | | | | | |
par value $1.00 | $25.00|1/20/99| P | | | 01 |11/30/99| 02 |Common Stock | 01,02 | 01 | 550,000 | I | 03 |
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</TABLE>
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Explanation of Responses:
01: On January 20, 1999, The Goldman Sachs Group, L.P. ("GS Group") sold 55,000
shares of 5.5% Series A Senior Cumulative Convertible Exchangeable Preferred
Stock, par value $1.00 per share, of Carmike Cinemas, Inc. ("Series A Preferred
Stock"), representing all shares of Series A Preferred Stock held directly by GS
Group, to Stone Street Fund 1998, L.P. ("Stone Street 1998") and Bridge Street
Fund 1998, L.P. ("Bridge Street 1998"), for an aggregate purchase price of
$5,500,000, or price per share of $100.00.
02: Each share of Series A Preferred Stock will be convertible on and after
November 30, 1999 at any time at the option of the holder into four shares of
Class A Common Stock of Carmike Cinemas, Inc. ("Common Stock").
03: The Reporting Person is a managing director of Goldman, Sachs & Co.
("Goldman Sachs"). GS Group is the general partner of and owns a 99% interest in
Goldman Sachs. Goldman Sachs and GS Group may be deemed to own beneficially and
indirectly in the aggregate 550,000 shares of Series A Preferred Stock through
certain investment partnerships, including Stone Street 1998 and Bridge Street
1998 (collectively, the "Limited Partnerships"), of which affiliates of Goldman
Sachs and GS Group are the general partner, managing partner or managing general
partner. Goldman Sachs is the investment manager of one of the Limited
Partnerships. The shares of Series A Preferred Stock reported herein as
indirectly beneficially owned are owned by the Limited Partnerships. The
Reporting Person disclaims beneficial ownership of the securities reported
herein as indirectly owned.
By: s/ Roger S. Begelman February 10, 1999
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**Signature of Reporting Person Date
Attorney-in-fact
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedures.
Alternatively, this Form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.
