SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
[Amendment No. 3]
Under the Securities Exchange Act of 1934
SUPERTEL HOSPITALITY, INC.
(Name of Issuer)
COMMON STOCK $.01 PAR VALUE
(Title of Class of Securities)
868524 10 9
(CUSIP Number)
October 26, 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)
[ ] 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).
(Continued on following pages(s))
<PAGE>
1. Name of Reporting Persons/I.R.S. Identification Nos. of
Above Persons (Entities Only)
STEVE H. BORGMANN
2. Check the Appropriate Box if a Member of a Group
[ ] (a) [ ] (b)
3. SEC Use Only
4. Citizenship or Place of Organization: United States
5. Sole Voting Power
0 Shares
Number of
Shares 6. Shared Voting Power
Beneficially
Owned by 0 Shares
Reporting
Person 7. Sole Dispositive Power
With
0 Shares
8. Shared Dispositive Power
0 Shares
9. Aggregate Amount Beneficially Owned by Each Reporting Person:
0 Shares
10. Check Box if Aggregate Amount in Row 9 Excludes Certain
Shares: [ ]
11. Percent of Class Represented by Amount in Row 9: 0% of voting
securities.
12. Type of Reporting Person: IN
<PAGE>
The reporting person filed an Amendment No. 2 to Schedule 13G on January 15,
1999. The reporting person's ownership of Supertel Hospitality, Inc. common
stock existed prior to the completion of Supertel's initial public offering. The
reporting person hereby amends Schedule 13G to reflect that Mr. Borgmann ceased
to be the beneficial owner of five percent or more of the common stock of
Supertel on October 26, 1999, at which time Supertel was acquired and merged
into Humphrey Hospitality Trust, Inc.
Item 1(a) Name of Issuer:
Supertel Hospitality, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
309 North 5th Street
Norfolk, NE 68701
Item 2(a) Names of Persons Filing:
Steve H. Borgmann
Item 2(b) Address of Principal Business Office or, if none, Residence:
309 North 5th Street
Norfolk, NE 68701
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
868524 10 9
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o)
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c)
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c)
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e) [ ] An investment advisor in accordance with section
240.13d-1b(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in accordance with
section 240.13d-1(b)(1)(ii)(F)
(g) [ ] A parent holding company or control person in accordance with
section 240.13d-1(b)(ii)(G)
(h) [ ] A savings association as defined in section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(J)
Item 4. Ownership
(a) Amount beneficially owned: See Item 9 of cover page
(b) Percent of class: See Item 11 of cover page
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
See Items 5-8 of cover page
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [X].
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.
<PAGE>
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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.
November 4, 1999
-------------------------------
(Date)
/s/ Steve H. Borgmann
-------------------------------
Steve H. Borgmann
