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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(AMENDMENT NO. ____)*
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
LANDRY'S SEAFOOD RESTAURANTS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
51508L 10 3
(CUSIP Number)
TILMAN J. FERTITTA
1400 POST OAK BLVD.
SUITE 1010
HOUSTON, TEXAS 77056
(713) 850-1010
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
With copies to:
ARTHUR S. BERNER
WINSTEAD SECHREST & MINICK P.C.
910 TRAVIS, SUITE 2400
HOUSTON, TEXAS 77002
(713) 650-8400
October 9, 1998
(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 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).
(Continued on following pages)
Page 1 of 9 Pages
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 2 OF 9 PAGES
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tilman J. Fertitta
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
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SOLE VOTING POWER
5
NUMBER OF 1,300,000/1/
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,090,000/2/
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,300,000/1/
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,090,000/2/
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,390,000
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
10.9% (See Item 4)
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TYPE OF REPORTING PERSON*
12
IN
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/1/ Includes 800,000 shares subject to options that have not been exercised by
Tilman J. Fertitta but which are exercisable within sixty (60) days of the
date hereof.
/2/ Because Mr. Fertitta has a 90 percent membership interest in Hospitality
Entertainment, L.L.C. and, thus, controls Hospitality Entertainment,
L.L.C., Mr. Fertitta is deemed to share voting and dispositive power with
Hospitality Entertainment, L.L.C.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 3 OF 9 PAGES
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hospitality Entertainment, L.L.C.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Texas
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SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,090,000/1/
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,090,000/1/
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,090,000
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
6.9% (See Item 4)
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TYPE OF REPORTING PERSON*
12
00
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/1/ Because Mr. Fertitta has a 90 percent membership interest in Hospitality
Entertainment, L.L.C. and, thus, controls Hospitality Entertainment, L.L.C.,
Mr. Fertitta is deemed to share voting and dispositive power with
Hospitality Entertainment, L.L.C.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 4 OF 9 PAGES
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ITEM 1(A). NAME OF ISSUER:
Landry's Seafood Restaurants, Inc. ("Landry's").
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1400 Post Oak Boulevard, Suite 1010
Houston, Texas 77056
ITEM 2(A). NAME OF PERSON FILING:
This statement is filed by Tilman J. Fertitta and Hospitality
Entertainment, L.L.C., a Texas limited liability company. Mr. Fertitta
holds a controlling 90% membership interest in Hospitality Entertainment,
L.L.C.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
c/o Landry's Seafood Restaurants, Inc.
1400 Post Oak Boulevard, Suite 1010
Houston, Texas 77056
ITEM 2(C): CITIZENSHIP:
Mr. Fertitta is a United States citizen. Hospitality Entertainment,
L.L.C. is a Texas limited liability company.
ITEM 2(D): TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share, of Landry's Seafood Restaurant,
Inc. (the "Landry's Common Stock").
ITEM 2(E). CUSIP NUMBER:
51508L 10 3
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) OR
(C), CHECK WHETHER THE PERSON FILING IS A:
Inapplicable.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
Tilman J. Fertitta - 3,390,000. Mr. Fertitta is the direct beneficial
owner of 500,000 shares, and has options to acquire an additional 800,000
shares which are exercisable within sixty (60) days hereof, and is an
indirect beneficial owner of 2,090,000 shares of Landry's Common Stock
issued in the name of Hospitality Entertainment, L.L.C. ("Hospitality"),
thus aggregating 3,390,000 shares of Landry's Common Stock.
Hospitality Entertainment, L.L.C. - 2,090,000
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 5 OF 9 PAGES
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(b) Percent of class:
Tilman J. Fertitta - 10.9%. The number of shares directly and indirectly
owned by Mr. Fertitta (inclusive of Mr. Fertitta's option for 800,000
shares and the shares of Landry's Common Stock with respect to which he
shares voting and dispositive power) represent 10.9% of the shares
currently outstanding based on the number of shares of Landry's Common
Stock outstanding (inclusive of Mr. Fertitta's option for 800,000 shares)
as of September 30, 1998, as disclosed in Landry's Quarterly Report on
Form 10-Q for the nine (9) month period ended September 30, 1998.
Hospitality Entertainment, L.L.C. - 6.9%. The percentage of shares of
Landry's Common Stock of which Hospitality is a beneficial owner is based
upon the number of shares of Landry's Common Stock outstanding on
September 30, 1998, as disclosed in Landry's Quarterly Report on
Form 10-Q for the nine (9) month period ended September 30, 1998.
(c) Number of shares to which person has:
(i) Sole power to vote or direct the vote:
Tilman J. Fertitta - 1,300,000
Hospitality Entertainment, L.L.C. - 0
(ii) Shared power to vote or direct the vote:
Tilman J. Fertitta - 2,090,000
Hospitality Entertainment, L.L.C. - 2,090,000. As a result of Mr.
Fertitta's controlling 90% membership interest in Hospitality, Mr.
Fertitta is deemed to share voting power of the shares of Landry's
Common Stock with Hospitality.
(iii) Sole power to dispose or direct the disposition of:
Tilman J. Fertitta - 1,300,000
Hospitality Entertainment, L.L.C. - 0
(iv) Shared power to dispose or direct the disposition of:
Tilman J. Fertitta - 2,090,000
Hospitality Entertainment, L.L.C. - 2,090,000. As a result of Mr.
Fertitta's controlling 90% membership interest in Hospitality, Mr.
Fertitta is deemed to share dispositive power of the shares of
Landry's Common Stock with Hospitality.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Inapplicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Aside from the Reporting Persons, the holder of the 10% membership
interest in Hospitality may be deemed to share the power to direct
the receipt of dividends from, or the proceeds from the sale of,
Landry's Common Stock.
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 6 OF 9 PAGES
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Inapplicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Inapplicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Inapplicable.
ITEM 10. CERTIFICATIONS.
Inapplicable.
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 7 OF 9 PAGES
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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.
March 1, 1999
-----------------------------------
(Date)
/s/ Tilman J. Fertitta
-----------------------------------
(Signature)
HOSPITALITY ENTERTAINMENT, L.L.C.
March 1, 1999
------------------------------------
(Date)
By: /s/ Tilman J. Fertitta
--------------------------------
Tilman J. Fertitta
President
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Attention. Intentional misstatements or omission of fact constitute
federal criminal violations (see 18 U.S.C. 1001).
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 8 OF 9 PAGES
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EXHIBIT INDEX
Exhibit 1 Joint Filing Agreement, dated March 1, 1999, among the signatories to
this Schedule 13G.
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CUSIP NO. 51508L 10 3 SCHEDULE 13G PAGE 9 OF 9 PAGES
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EXHIBIT 1
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement shall be filed on behalf of each of the
undersigned without the necessity of filing additional joint filing agreements.
The undersigned acknowledge that each shall be responsible for the timely filing
of such amendments, and for the completeness and accuracy of the information
concerning it contained therein, but shall not be responsible for the
completeness and accuracy of the information concerning the others, except to
the extent that it knows or has reason to believe that such information is
inaccurate.
This Agreement may be executed in any number of counterparts and all
of such counterparts taken together shall constitute one and the same
instrument.
Dated: March 1, 1999
Signature: /s/ Tilman J. Fertitta
-------------------------
Name: Tilman J. Fertitta
------------------------------
HOSPITALITY ENTERTAINMENT, L.L.C.
By: /s/ Tilman J. Fertitta
--------------------------------
Tilman J. Fertitta
President
