UNITED STATES
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. 1) *
Meritage Hospitality Group Inc., a Michigan corporation
(Name of Issuer)
Common Shares, $.01 par value
(Title of Class of Securities)
59000K 10 1
(CUSIP Number)
Robert E. Schermer, Sr.
c/o Robert W. Baird & Co. Incorporated
333 Bridge Street, N.W., Suite 1000
Grand Rapids, Michigan 49504
(616) 459-4491
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
DECEMBER 28, 1998
(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(e) 13d-1(f) or 13d-1(g), check the following box
|_|.
*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 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).
Page 1 of 3 Pages
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CUSIP NO. 59000K 10 1 SCHEDULE 13D Page 2 of 3 Pages
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert E. Schermer, Sr.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)
3 SEC USE ONLY
4 SOURCE OF FUNDS
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, State of Michigan
7 SOLE VOTING POWER
180,562
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,000
OWNED BY EACH
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
180,562
10 SHARED DISPOSITIVE POWER
2,000
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
182,562
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |-|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.2%
14 TYPE OF REPORTING PERSON
IN
<PAGE>
This Schedule 13D as previously filed is amended in Items 3 and 5 by adding the
material below.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
See Item 5(c) below.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) See page 2, nos. 11 and 13.
(b) See page 2, nos. 7, 8, 9 and 10.
(c) On December 1, 1998, Mr. Schermer acquired 358 newly issued Meritage
Hospitality Group Inc. common shares as a result of compensation due
to Mr. Schermer pursuant to the Meritage Hospitality Group Directors'
Compensation Plan.
(d) On December 28, 1998, Mr. Schermer sold, in a private transaction,
123,900 of Meritage's common shares owned by Mr. Schermer at a price
of $1.315 per share.
(e) The sale on December 28, 1998, resulted in Mr. Schermer no longer
holding over 5% of the Issuer's outstanding common shares.
SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: January 5, 1999 /s/ Robert E. Schermer, Sr.
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Robert E. Schermer, Sr.
Page 3 of 3 Pages
