<PAGE> 1
---------------------------
OMB APPROVAL
---------------------------
- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
---------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a)
of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
<TABLE>
<S> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Eslick, Jack Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) FelCor Suite Hotels, Inc. (FCH) (Month/Day/Year)
(Last) (First) (Middle) 03/31/1997 ------------------------------------
545 E. John Carpenter Freeway #1300 ---------------------------- 5. Relationship of Reporting 7. Individual or
- ---------------------------------------- 3. IRS or Social Security Person to Issuer Joint/Group Filing
(Street) Number of Reporting (Check all applicable) (check applicable
Person (Voluntary) ____Director ______ 10% Owner box)
Irving, TX 75062 __X_Officer ______ Other (specify [X] Form filed by
- -------------------------------------- ---------------------------- (give title below) below) One Reporting
(City) (State) (Zip) Vice President, Director of Person
------------------------------- [ ] Form filed by
Asset Management More than One
-------------------------------- Reporting
Person
- -----------------------------------------------------------------------------------------------------------------------------------
TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
- -----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
- -----------------------------------------------------------------------------------------------------------------------------------
Common Stock 2,000 D (01)
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7/96)
*If the form is filed by more than one reporting person see Instruction 5(b)(v).
Page 1 of 2 pages
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 04/01/1997 04/01/2006 Common Stock 10,000 $31.3700 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 04/01/1998 04/01/2006 Common Stock 10,000 $31.3700 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 04/01/1999 04/01/2006 Common Stock 10,000 $31.3700 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 04/01/2000 04/01/2006 Common Stock 10,000 $31.3700 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 04/01/2001 02/19/2007 Common Stock 10,000 $31.3700 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 02/19/1998 02/19/2007 Common Stock 2,000 $35.0000 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 02/19/1999 02/19/2007 Common Stock 2,000 $35.0000 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 02/19/2000 02/19/2007 Common Stock 2,000 $35.0000 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 02/19/2001 02/19/2007 Common Stock 2,000 $35.0000 D
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option (02) 02/19/2002 02/19/2007 Common Stock 2,000 $35.0000 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
(01) Stock Grant pursuant to 1994 Restricted Stock and Stock Option Plan; vests over 5 years at 20% per year from 04/01/96.
(02) Grant pursuant to 1995 Restricted Stock and Stock Option Plan.
/s/ JACK ESLICK 4/9/97
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure. SEC 1473 (7/96)
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 number.
Eslick, Jack FelCor Suite Hotels, Inc. 03/31/1997 Page 2 of 2 pages
</TABLE>