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------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF OMB NUMBER: 3235-0104
BENEFICIAL OWNERSHIP OF SECURITIES EXPIRES: SEPTEMBER 30, 1998
ESTIMATED AVERAGE BURDEN HOURS
Filed pursuant to Section 16(a) of the Securities Exchange PER RESPONSE .... 0.5
Act of 1934, Section 17(a) of the Public Utility Holding ------------------------------
(Print or Type Responses) Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
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1. Name and Address of Reporting 2. Date of Event 4. Issuer Name AND Ticker or Trading Symbol
Person* Requiring
Statement
(Month/Day/Year)
Head Acquisition Corp. 9/25/00 Urban Shopping Centers, Inc. (URB)
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(Last) (First) (Middle) 3. IRS or Social 5. Relationship of Reporting 6. If Amendment, Date
Security Number Persons to Issuer (Check all of Original
of Reporting applicable) (Month/Day/Year)
Person, if an
entity
(voluntary)
c/o Hexalon Real Estate, Inc., 950 --- Director -X- 10% Owner
E. Ferry Paces Road, Suite 2275
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(Street) (give title (specify below)
below)
7. Individual or
Atlanta, Georgia 30326 Joint/Group Filing
-------------------------------------- ------------------------------------ (Check Applicable
Line)
(City) (State) (Zip) -X- Form filed by
One Reporting Person
--- Form filed by
More than One
Reporting Person
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TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security (Instr. 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
4) Beneficially Owned Direct (D) or Indirect Beneficial Ownership
(Instr. 4) (I) (Instr. 5) (Instr. 5)
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No Securities Owned (See
Explanatory Notes)
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Reminder: Report on a separate line for each class of securities beneficially Page 1 of 3
owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, see Instruction SEC 1473 (7-97)
5(b)(v).
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POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 3 (CONTINUED) TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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Date Exercisable and
1. Title of 2. Expiration Date 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature of
Derivative (Month/Day/Year) Securities Underlying Exercise Form of Indirect
Security Derivative Security Price of Derivative Beneficial
(Instr. 4) (Instr. 4) Derivative Security: Ownership
Security Direct (D) or (Instr. 5)
Indirect (I)
(Instr. 5)
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Date Expiration Title Amount of
Exercisable Date Number of
Shares
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Option to 10/30/00 11/7/00 Public 3,520,642 $48.00/share D
Purchase Common
Public Stock,
Common Stock par
(See value
Explanatory $0.01
Note) per
share
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Explanation of Responses:
See Attached Sheet for Additional Information.
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/s/ Daniel S. Weaver(1) October 3, 2000
**Intentional misstatements or omissions of facts constitute ---------------------------------------- --------------------
Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 **Signature of Reporting Person Date
U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be (1) Daniel S. Weaver, Secretary, Treasurer and Vice President
manually signed. If space provided is insufficient, SEE of Head Acquisition Corp.
Instruction 6 for procedure.
Potential persons who are to respond to the collection of Page 2 of 3
information contained in this form are not required to SEC 1473 (7-97)
respond unless the form displays a currently valid OMB
Number.
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ADDITIONAL INFORMATION TO FORM 3
OF HEAD ACQUISITION CORP.--10% BENEFICIAL OWNER
On September 25, 2000, Rodamco North America N.V. ("Rodamco NV"), Hexalon
Real Estate, Inc. ("Hexalon"), Head Acquisition, L.P. ("Head Acquisition LP"),
Head Acquisition Corp. ("Head Acquisition Corp"), Urban Shopping Centers, Inc.
("Urban") and Urban Shopping Centers, L.P. (the "OP") entered an Agreement and
Plan of Merger (the "Merger Agreement") pursuant to which Head Acquisition LP
will commence a tender offer for all of the issued and outstanding common stock,
par value $.01 per share ("Public Common Shares"), together with associated
preferred share purchase rights, unit voting common stock, par value $.01 per
share (together with the Public Common Shares, the "Common Shares"), together
with associated preferred share purchase rights, Series A cumulative convertible
redeemable preferred stock, par value $.01 per share, and Series B cumulative
convertible redeemable preferred stock, par value $.01 per share, of Urban. As
an inducement to Rodamco NV, Hexalon, Head Acquisition LP and Head Acquisition
Corp to enter into the Merger Agreement, certain holders (the "Holders") of the
Common Shares and/or units ("Units") of partnership interest in the OP which
are, pursuant to their terms, exchangeable for Common Shares, entered into that
certain Voting Agreement, dated as of September 25, 2000 (the "Voting
Agreement"), with Rodamco NV, Hexalon, Head Acquisition LP, Head Acquisition
Corp and Urban. Pursuant to the Voting Agreement, the Holders have agreed that
they will not contract to sell or sell their Common Shares or Units and will
cooperate fully with Hexalon in connection with the tender offer and the
subsequent merger transaction pursuant to which Rodamco NV will indirectly
acquire Urban. In addition, the Holders have agreed to vote against any
transaction which could delay, postpone or adversely effect the tender offer and
the merger. As a result of Voting Agreement, the Reporting Person may be deemed
to share beneficial ownership of the Common Shares and Units held, directly or
otherwise, by the Holders, for purposes of determining 10% owner status.
However, pursuant to the Voting Agreement, the Reporting Person has no pecuniary
interest in any of the Common Shares or Units and therefore, pursuant to the
rules of the Securities and Exchange Commission, is reporting the ownership of
none of such securities on this Form 3. The filing of this Form 3 shall not be
deemed an admission that the Reporting Person is the beneficial owner of such
Common Shares.
Urban has granted Hexalon an irrevocable option (the "Common Share Option")
pursuant to the Merger Agreement to purchase for a price of $48.00 per share
(the "Per Common Share Option Price") in cash a number of Public Common Shares
(the "Optioned Common Shares") equal to the Applicable Common Share Amount (as
defined below). The "Applicable Common Share Amount" is the number of Public
Common Shares which, when added to the number of Public Common Shares owned by
the Reporting Person and its affiliates, in the aggregate, immediately prior to
the exercise of the Common Share Option, would result in the Reporting Person
and its affiliates in the aggregate, owning immediately after the exercise of
the Common Share Option no more than 90% of the then outstanding Common Shares;
PROVIDED, HOWEVER, that in no event shall the Applicable Common Share Amount
exceed 3,520,642 Public Common Shares. Hexalon, Head Acquisition LP or Head
Acquisition Corp, as the case may be, may exercise the Common Share Option only
if at the time of exercise, it (i) shall have accepted for payment and paid for
all Common Shares tendered and not withdrawn pursuant to the tender offer, (ii)
there shall have been validly tendered and not withdrawn prior to the expiration
of the tender offer a number of Common Shares entitled to cast at least 66 2/3%
of the votes entitled to be cast on the merger and (iii) after giving effect to
such exercise, the Reporting Person and its affiliates would own 90% of the then
outstanding Common Shares. The Common Share Option expires, if not exercised,
prior to the earlier of the effective time of the merger and 12:00 midnight,
Chicago time, five business days after expiration of the tender offer.
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SEC 1473 (7-97)
