<PAGE> 1
SCHEDULE 13G
(RULE 13d-102)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c)
and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Manufactured Home Communities, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01
- --------------------------------------------------------------------------------
(Title of Class of Securities)
564682 10 2
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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 the disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 26
<PAGE> 2
CUSIP NO. 564682 10 2 13G PAGE 2 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Samuel Zell
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
USA
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares 263,193
-----------------------------------------------------
Beneficially 6 Shared Voting Power
318,325
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each 263,193
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 318,325
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
581,518
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
2.4% (2.2% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
<PAGE> 3
CUSIP NO. 564682 10 2 13G PAGE 3 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Samuel Zell Revocable Trust u/t/a 1/17/90
###-##-####
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Illinois
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
318,325
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 318,325
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
318,325
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
1.3% (1.2% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
OO
- --------------------------------------------------------------------------------
<PAGE> 4
CUSIP NO. 564682 10 2 13G PAGE 4 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Samstock/SZRT, L.L.C.
###-##-####
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
307,774
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 307,774
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
307,774
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
1.3% (1.2% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
OO
- --------------------------------------------------------------------------------
<PAGE> 5
CUSIP NO. 564682 10 2 13G PAGE 5 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Samstock/ZGPI, L.L.C.
36-3716786
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
6,003
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 6,003
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
6,003
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
.02% (.02% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
OO
- --------------------------------------------------------------------------------
<PAGE> 6
CUSIP NO. 564682 10 2 13G PAGE 6 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Samstock, L.L.C.
36-4156890
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
947,665
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 947,665
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
947,665
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
3.8% (3.6% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
OO
- --------------------------------------------------------------------------------
<PAGE> 7
CUSIP NO. 564682 10 2 13G PAGE 7 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Samstock/ZFT, L.L.C.
36-30229676
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
187,278
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 187,278
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
187,278
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
.8% (.7% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
<PAGE> 8
CUSIP NO. 564682 10 2 13G PAGE 8 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
EGI Holdings, Inc.
36-4175553
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Illinois
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
579,873
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 579,873
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
579,873
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
2.4% (2.2% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
<PAGE> 9
CUSIP NO. 564682 10 2 13G PAGE 9 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
EGIL Investments, Inc.
36-4175555
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Illinois
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
579,873
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 579,873
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
579,873
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
2.4% (2.2% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
<PAGE> 10
CUSIP NO. 564682 10 2 13G PAGE 10 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Ann Lurie
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
USA
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
1,398,876
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 1,398,876
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,398,876
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
5.5% (5.3% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
<PAGE> 11
CUSIP NO. 564682 10 2 13G PAGE 11 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Anda Partnership
88-0132846
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Nevada
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
233,694
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 233,694
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
233,694
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
1.0% (.9% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
<PAGE> 12
CUSIP NO. 564682 10 2 13G PAGE 12 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
LFT Partnership
36-6527526
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Illinois
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
5,436
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 5,436
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
5,436
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
.02% (.02% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
<PAGE> 13
CUSIP NO. 564682 10 2 13G PAGE 13 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Mark Slezak
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
USA
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
1,393,440
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 1,393,440
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,393,440
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
5.5% (5.3% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
<PAGE> 14
CUSIP NO. 564682 10 2 13G PAGE 14 OF 26 PAGES
- --------------------------------------------------------------------------------
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Chai Trust Company, L.L.C.
36-4268733
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Illinois
- --------------------------------------------------------------------------------
Number of
5 Sole Voting Power
Shares
-----------------------------------------------------
Beneficially 6 Shared Voting Power
2,300,692
Owned by -----------------------------------------------------
7 Sole Dispositive Power
Each
-----------------------------------------------------
Reporting 8 Shared Dispositive Power
Person With 2,300,692
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,300,692
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(See Instructions)
- --------------------------------------------------------------------------------
11 Percent of Class Represented by Amount in Row (9)
8.9% (8.7% assuming conversion of all Reporting Persons' derivative
securities)
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
OO
- --------------------------------------------------------------------------------
<PAGE> 15
MANUFACTURED HOME COMMUNITIES, INC.
COMMON STOCK, PAR VALUE $.01
CUSIP NUMBER 564682 10 2
ITEM 1(A). NAME OF ISSUER
The Issuer is Manufactured Home Communities, Inc., a
Maryland corporation.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
The Issuer's principal executive office is:
Two North Riverside Plaza
Suite 800
Chicago, Illinois 60606
ITEM 2(A). NAME OF PERSON FILING
The following persons and entities are filing this
Schedule 13G:
Samuel Zell
Samuel Zell Revocable Trust u/t/a 1/17/90
Samstock/SZRT, L.L.C., a Delaware limited liability company
Samstock/ZGPI, L.L.C., a Delaware limited liability company
Samstock, L.L.C., a Delaware limited liability company
Samstock/ZFT, L.L.C., a Delaware limited liability company
EGI Holdings, Inc., an Illinois corporation
EGIL Investments, Inc., an Illinois corporation
Ann Lurie
Anda Partnership, an Illinois general partnership
LFT Partnership, an Illinois general partnership
Mark Slezak
Chai Trust Company, L.L.C.
The above persons and entities are each a "Reporting
Person" and collectively are the "Reporting Persons."
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE
The address for each Reporting Person is:
Two North Riverside Plaza
Chicago, Illinois 60606
Page 15 of 26
<PAGE> 16
ITEM 2(C). CITIZENSHIP
The Reporting Persons' state of organization or citizenship
is as follows:
Samuel Zell USA
Samuel Zell Revocable Trust u/t/a 1/17/90 Illinois
Samstock/SZRT, L.L.C. Delaware
Samstock/ZGPI, L.L.C. Delaware
Samstock, L.L.C. Delaware
Samstock/ZFT, L.L.C. Delaware
EGI Holdings, Inc. Illinois
EGIL Investments, Inc. Illinois
Ann Lurie USA
Anda Partnership Illinois
LFT Partnership Illinois
Mark Slezak USA
Chai Trust Company, L.L.C. Illinois
ITEM 2(D). TITLE OF CLASS OF SECURITIES
Securities reported herein are common stock, par value $.01
("Common Stock")
ITEM 2(E). CUSIP NUMBER
CUSIP Number is 564682 10 2
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A
Not applicable.
ITEM 4. OWNERSHIP
This Issuer is the sole general partner of MHC
Operating Limited Partnership, an Illinois limited
partnership (the "Operating Partnership"). Certain of
the Reporting Persons: Samstock/SZRT, L.L.C.;
Samstock, L.L.C.; Samstock/ZFT, L.L.C.; EGI Holdings,
Inc.; EGIL Investments, Inc.; Anda Partnership; and
LFT Partnership are limited partners of the Operating
Partnership. Each limited partner of the Operating
Partnership unit ("OP Units") is exchangeable, at the
holder's option, on a one-for-one basis into a share
of Common Stock. Amounts reported herein for
Page 16 of 26
<PAGE> 17
each Reporting Person assume (i) the exchange of such
Reporting Person's OP Units for shares of Common
Stock and the exercise of options to purchase Common
Stock, if applicable; and (ii) the exchange of all
Reporting Persons' OP Units for shares of Common
Stock and the exercise of all Reporting Persons'
options to purchase Common Stock beneficially owned
by the Reporting Persons.
Collectively, the Reporting Persons own 3,121,340
shares of Common Stock, or 11.8%, of the issued and
outstanding shares of Common Stock (assuming the
conversion of all OP Units and the exercise of all
options to purchase shares of Common Stock
beneficially owned by the Reporting Persons).
Samuel Zell has the sole power to vote and to direct
the vote and the sole power to dispose and to direct
the disposition of 263,193 shares of Common Stock
(assuming the exercise of options to purchase 258,665
shares of Common Stock).
Messrs. Zell and Slezak; Mrs. Lurie, the Samuel Zell Revocable Trust
u/t/a 1/17/90 and Chai Trust Company, L.L.C. share the power to vote or to
direct the vote and share the power to dispose or to direct the disposition of
the shares of Common Stock with each of the Reporting Persons as shown in the
following table:
Page 17 of 26
<PAGE> 18
<TABLE>
<CAPTION>
SHARED POWER WITH SUCH REPORTING PERSON
Total
Beneficially
Owned Samuel Zell Chai Trust
Reporting Person ("RP") by such RP Samuel Zell Ann Lurie Mark Slezak Revocable Trust Company, L.L.C.
- ----------------------- ---------- ----------- --------- ----------- --------------- ---------------
<S> <C> <C> <C> <C> <C> <C>
Samuel Zell Revocable Trust 10,551 10,551 0 0 10,551 0
Samstock/SZRT, L.L.C. 307,774(1) 307,774 0 0 307,774 0
Samstock/ZGPI, L.L.C. 6,003 3 0 0 0 6,003
Samstock, L.L.C. 947,665(2) 0 0 0 0 947,665
Samstock/ZFT, L.L.C. 187,278(3) 0 0 0 0 187,278
EGI Holdings, Inc. 579,873(3) 0 579,873 579,873 0 579,873
EGIL Investments, Inc. 579,873(3) 0 579,873 579,873 0 579,873
Anda Partnership 233,694(3) 0 233,694 233,694 0 0
LFT Partnership 5,436(3) 0 5,436 0 0 0
--------- ------- --------- --------- ------- ---------
TOTAL - SHARED VOTES: 2,858,147 318,325 1,398,876 1,393,440 318,325 2,300,692
========= ======= ========= ========= ======= =========
<CAPTION>
SOLE POWER WITH RESPECT TO COMMON STOCK
Samuel Zell Chai Trust
Samuel Zell Ann Lurie Mark Slezak Revocable Trust Company, L.L.C.
----------- --------- ----------- --------------- ---------------
<S> <C> <C> <C> <C> <C> <C>
Samuel Zell 263,193 263,193 0 0 0 0
Ann Lurie 0 0 0 0 0 0
Mark Slezak 0 0 0 0 0 0
--------- ------- --------- --------- ------- ---------
TOTAL - SOLE VOTES: 263,193 263,193 0 0 0 0
--------- ------- --------- --------- ------- ---------
TOTAL - SHARED AND 3,121,340 581,518 1,398,876 1,393,440 318,325 2,300,692
========= ======= ========= ========= ======= =========
SOLE VOTES: 11.8% 2.4% 5.5% 5.5% 1.3% 8.9%
</TABLE>
(1) Includes 13,641 OP Units.
(2) Includes 601,665 OP Units.
(3) Represents OP Units.
Page 18 of 26
<PAGE> 19
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATE
Not applicable.
Page 19 of 26
<PAGE> 20
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.
Dated: February 14, 2000
SAMUEL ZELL REVOCABLE TRUST, U/T/A
1/17/90
By: /s/ Samuel Zell
------------------------------
Trustee
SAMSTOCK, L.L.C., A DELAWARE LIMITED
LIABILITY COMPANY
By: /s/ Donald J. Liebentritt
------------------------------
Its: Vice President
SAMSTOCK/SZRT, L.L.C., A DELAWARE
LIMITED LIABILITY
By: /s/ Donald J. Liebentritt
------------------------------
Its: Vice President
SAMSTOCK/ZGPI, L.L.C., A DELAWARE
LIMITED LIABILITY
By: /s/ Donald J. Liebentritt
------------------------------
Its: Vice President
Page 20 of 26
<PAGE> 21
SAMSTOCK/ZFT, L.L.C., A DELAWARE
LIMITED LIABILITY
By: /s/ Donald J. Liebentritt
-------------------------------
Its: Vice President
EGI HOLDINGS, INC., AN ILLINOIS
CORPORATION
By: /s/ Donald J. Liebentritt
-------------------------------
Its: Vice President
EGIL INVESTMENTS, INC., AN ILLINOIS
CORPORATION
By: /s/ Mark Slezak
-------------------------------
Its: Vice President
ANDA PARTNERSHIP, AN ILLINOIS GENERAL
PARTNERSHIP
By: Ann Only Trust, a general
partner
By: /s/ Ann Lurie
-------------------------------
Its: Co-Trustee
AND
By: Ann and Descendants Trust
By: /s/ Ann Lurie
-------------------------------
Its: Co-Trustee
Page 21 of 26
<PAGE> 22
LFT PARTNERSHIP, AN ILLINOIS GENERAL
PARTNERSHIP
By: Jesse Trust, a general partner
By: /s/ Ann Lurie
-------------------------------
Its: Trustee
/s/ Samuel Zell
-------------------------------------
Samuel Zell
/s/ Ann Lurie
-------------------------------------
Ann Lurie
/s/ Mark Slezak
-------------------------------------
Mark Slezak
CHAI TRUST COMPANY, L.L.C.
By: /s/ Donald J. Liebentritt
-------------------------------
Its: Vice President
Page 22 of 26
<PAGE> 23
JOINT FILING AGREEMENT
AGREEMENT dated as February 14, 2000 among Samuel Zell Revocable
Trust u/t/a 1/17/90; Samstock, L.L.C. a Delaware limited liability company;
Samstock/SZRT, L.L.C., a Delaware limited liability company; Samstock/ZGPI,
L.L.C., a Delaware limited liability company; Samstock/ZFT, L.L.C., a Delaware
limited liability company; EGI Holdings, Inc., an Illinois corporation; EGIL
Investments, Inc., an Illinois corporation; Anda Partnership, a Nevada general
partnership; LFT Partnership, an Illinois general partnership; Samuel Zell; Ann
Lurie; and Mark Slezak (collectively the "Reporting Persons").
WHEREAS, the Reporting Persons beneficially own or have the
right to acquire shares of common stock $0.1 par value, of Manufactured
Home Communities, Inc., a Maryland corporation;
WHEREAS, the parties hereto may be deemed to constitute a
"group" for purposes of Section 13(d) (3) of the Securities Exchange
Act of 1934, as amended (the "Act"); and
WHEREAS, each of the parties hereto desire by this Agreement
to provide for the joint filing of a Schedule 13G, and all amendments
thereto, with the Securities and Exchange Commission.
NOW, THEREFORE, the parties hereto agree as follows:
1. The parties hereto will join in the preparation and filing of
a single statement containing the information required by
Schedule 13G, and all amendments thereto, and the Schedule 13G
and all such amendments will be filed on behalf of each party
hereto;
2. Each party hereto will be responsible for the timely filing of
the Schedule 13G, and all amendments thereto, and for the
completeness and accuracy of the information concerning such
party contained therein. No party hereto will be responsible
for the completeness or accuracy of the information concerning
any other party contained in the Schedule 13G or any amendment
thereto, except to the extent such party knows or has reason
to believe that such information is inaccurate.
3. Susan Obuchowski will be designated as the person authorized
to receive notices and communications with respect to the
Schedule 13G and all amendments thereto.
Page 23 of 26
<PAGE> 24
4. This Agreement may be executed in counterparts, all of which
when taken together will constitute one and the same
instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date first above written.
SAMUEL ZELL REVOCABLE TRUST U/T/A 1/17/90
By: /s/ Samuel Zell
----------------------------------
Its: Trustee
SAMSTOCK, L.L.C., A DELAWARE LIMITED
LIABILITY COMPANY
By: /s/ Donald J. Liebentritt
----------------------------------
Its: Vice President
SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED
LIABILITY
By: /s/ Donald J. Liebentritt
----------------------------------
Its: Vice President
SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED
LIABILITY
By: /s/ Donald J. Liebentritt
----------------------------------
Its: Vice President
Page 24 of 26
<PAGE> 25
SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED
LIABILITY
By: /s/ Donald J. Liebentritt
----------------------------------
Its: Vice President
EGI HOLDINGS, INC., AN ILLINOIS
CORPORATION
By: /s/ Donald J. Liebentritt
----------------------------------
Its: Vice President
EGIL INVESTMENTS, INC., AN ILLINOIS
CORPORATION
By: /s/ Mark Slezak
----------------------------------
Its: Vice President
ANDA PARTNERSHIP, AN ILLINOIS GENERAL
PARTNERSHIP
By: Ann Only Trust, a general partner
By: /s/ Ann Lurie
----------------------------------
Its: Co-Trustee
AND
By: Ann and Descendants Trust
By: /s/ Ann Lurie
----------------------------------
Its: Co-Trustee
Page 25 of 26
<PAGE> 26
LFT PARTNERSHIP, AN ILLINOIS GENERAL
PARTNERSHIP
By: Jesse Trust, a general partner
By: /s/ Ann Lurie
----------------------------------
Its: Trustee
/s/ Samuel Zell
----------------------------------------
Samuel Zell
/s/ Ann Lurie
----------------------------------------
Ann Lurie
/s/ Mark Slezak
----------------------------------------
Mark Slezak
Chai Trust Company, L.L.C.
By: /s/ Donald J. Liebentritt
----------------------------------
Its: Vice President
Page 26 of 26
