UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Bainum, Stewart
8737 Colesville Road
Suite 800
Silver Spring, MD 20910
USA
2. Issuer Name and Ticker or Trading Symbol
HCR Manor Care
HCR
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
4/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
(X) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock | |J (1| |2,119,755 |A | |5,806,165 |I |Note 2 |
| |) | | | | | | | |
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" " | | | | | | |798,711 |I |Note 3 |
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" " | | | | | | |81,711 |I |Note 4 |
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" " | | | | | | |100,000 |I |Note 5 |
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" " | | | | | | |76,386 |I |Note 6 |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock Options | | | | | | | | | | | |5,999 | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
Note 1: Liquidating distribution from Bainum Associates Limited Partnership
("BA") and MC Investments Limited
Partnership ("MC"). The Stewart Bainum Declaration of Trust was a limited
partner.
Note 2: Shares owned by the Stewart Bainum Declaration of Trust dated May 23,
1995 (the "SB Trust"), the sole
trustee of which is Mr.
Bainum.
Note 3: Shares owned by the Jane L. Bainum Declaration of Trust dated May 23,
1995 (the "JLB Trust"), the sole
trustee of which is Mr. Bainum's
wife.
Note 4: The proportionate interest of the JLB Trust in: (i) shares
(1,779,628) owned by Mid Pines Associates,
L.P., in which the JLB Trust is a limited partner, and (ii) shares (3,567,869)
owned by Realty Investment Company,
Inc., a real estate investment and management company, in which the JBL Trust
is a noncontroling shareholder.
Note 5: The proportionate interest of the Edelblut Partners, L.P., in which
the SB Trust and the JLB Trust are the
sole partners, in shares (1,779,628) owned by Mid Pines Associates,
L.P.
Note 6: The proportionate interest of the SB Trust in : (i) shares (1,779,628)
owned by Mid Pines Associates,
L.P., in which the SB Trust is a limited partner, and (ii) 3,567,869) owned by
Realty Investment Company, Inc., in
which the SB trust is a noncontrolling shareholder.
SIGNATURE OF REPORTING PERSON
Stewart Bainum
DATE
5/7/99
