View:
Download DOC Bytes
Download PDF Bytes
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.1)* Manufactured Home Communities, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 - -------------------------------------------------------------------------------- (Title of Class of Securities) 564682 10 2 - -------------------------------------------------------------------------------- (CUSIP Number) - -------------------------------------------------------------------------------- (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). 2 CUSIP NO. 564682 10 2 PAGE 2 OF 27 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 169,383 ----------------------------------------------------- Beneficially 6 Shared Voting Power 1,268,847 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 169,383 ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 1,268,847 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 1,438,230 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 5.3% (5.0% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 3 CUSIP NO. 564682 10 2 PAGE 3 OF 27 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 1,268,847 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 1,268,847 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 1,268,847 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 4.7% (4.4% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- 4 CUSIP NO. 564682 10 2 PAGE 4 OF 27 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) 1.2% (1.1% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- 5 CUSIP NO. 564682 10 2 PAGE 5 OF 27 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 - -------------------------------------------------------------------------------- 6 CUSIP NO. 564682 10 2 PAGE 6 OF 27 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) 3.5% (3.3% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - -------------------------------------------------------------------------------- 7 CUSIP NO. 564682 10 2 PAGE 7 OF 27 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) .7% (.6% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 8 CUSIP NO. 564682 10 2 PAGE 8 OF 27 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) 2.1% (2.0% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 9 CUSIP NO. 564682 10 2 PAGE 9 OF 27 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) 2.1% (2.0% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 10 CUSIP NO. 564682 10 2 PAGE 10 OF 27 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) 5.0% (4.8% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 11 CUSIP NO. 564682 10 2 PAGE 11 OF 27 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) .9% ( .8% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 12 CUSIP NO. 564682 10 2 PAGE 12 OF 27 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 - -------------------------------------------------------------------------------- 13 CUSIP NO. 564682 10 2 PAGE 13 OF 27 PAGES - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Sheli Z. Rosenberg ###-##-#### - -------------------------------------------------------------------------------- 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 114,184 ----------------------------------------------------- Beneficially 6 Shared Voting Power 2,294,689 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 114,184 ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 2,294,689 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,398,873 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 8.4% (8.3% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 14 CUSIP NO. 564682 10 2 PAGE 14 OF 27 PAGES - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Sheli Z. Rosenberg ###-##-#### - -------------------------------------------------------------------------------- 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) 5.0% (4.8% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - -------------------------------------------------------------------------------- 15 CUSIP NO. 564682 10 2 PAGE 15 OF 27 PAGES - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Arthur A. Greenberg ###-##-#### - -------------------------------------------------------------------------------- 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 62,147 ----------------------------------------------------- Beneficially 6 Shared Voting Power 2,107,411 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 62,147 ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 2,107,411 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,169,558 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 7.7% (7.5% assuming conversion of all Reporting Persons' derivative securities) - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 16 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, a Nevada general partnership LFT Partnership, an Illinois general partnership Sheli Z. Rosenberg Mark Slezak Arthur A. Greenberg The above persons and entities are each a "Reporting Person" and collectively are the "Reporting Persons." ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: The address for each Reporting Person is: Two North Riverside Plaza Chicago, Illinois 60606 Page 16 of 27 17 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 Nevada LFT Partnership Illinois Sheli Z. Rosenberg USA Mark Slezak USA Arthur A. Greenberg USA 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; LFT Partnership; Sheli Z. Rosenberg; and Arthur A. Greenberg are limited partners of the Operating Partnership. Each limited partner of the Operating Page 17 of 27 18 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 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 3,200,715 shares of Common Stock, or 11.1%, 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 169,383 shares of Common Stock (assuming the exercise of options to purchase 166,666 shares of Common Stock). Sheli Z. Rosenberg has the sole power to vote or to direct the vote and the sole power to dispose and to direct the disposition of 114,184 shares of Common Stock (assuming the exchange of 11,530 OP Units and the exercise of options to purchase 83,999 shares of Common Stock). Arthur A. Greenberg has the sole power to vote or to direct the vote and the sole power to dispose or to direct the disposition of 62,147 shares of Common Stock (assuming the exchange of 8,314 OP Units and the exercise of options to purchase 53,833 shares of Common Stock). Messrs. Zell, Greenberg and Slezak; Mses. Lurie and Rosenberg and the Samuel Zell Revocable Trust u/t/a 1/17/90 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 18 of 27 19
SHARED POWER WITH SUCH REPORTING PERSON ------------------------------------------------------------------------------------ Total Beneficially Owned Sheli Z. Arthur A. Samuel Zell Reporting Person ("RP") by such RP Samuel Zell Ann Lurie Rosenberg Mark Slezak Greenberg Revocable Trust - ----------------------- ----------- ----------- --------- --------- ----------- --------- --------------- Samuel Zell Revocable Trust 7,405 7,405 0 0 0 0 7,405 Samstock/SZRT, L.L.C 307,774(1) 307,774 0 0 0 0 307,774 Samstock/ZGPI, L.L.C 6,003 6,003 0 0 0 0 6,003 Samstock, L.L.C 947,665(2) 947,665 0 947,665 0 947,665 947,665 Samstock/ZFT, L.L.C 187,278(3) 0 0 187,278 0 0 0 EGI Holdings, Inc. 579,873(3) 0 579,873 579,873 579,873 579,873 0 EGIL Investments, Inc. 579,873(3) 0 579,873 579,873 579,873 579,873 0 Anda Partnership 233,694(3) 0 233,694 0 233,694 0 0 LFT Partnership 5,436(3) 0 5,436 0 0 0 0 --------- --------- --------- --------- --------- --------- --------- TOTAL - SHARED VOTES: 2,855,001 1,268,847 1,398,876 2,294,689 1,393,440 2,107,411 1,268,847 --------- --------- --------- --------- --------- --------- --------- (1) Includes 13,641 OP Units. (2) Includes 601,665 OP Units. (3) Represents OP Units. Page 19 of 27
SOLE POWER WITH RESPECT TO COMMON STOCK ------------------------------------------------------------------------------------- Sheli Z. Arthur A. Samuel Zell Samuel Zell Ann Lurie Rosenberg Mark Slezak Greenberg Revocable Trust ----------- --------- --------- ----------- --------- --------------- Samuel Zell 169,383 169,383 0 0 0 0 0 Ann Lurie 0 0 0 0 0 0 0 Sheli Rosenberg 114,184 0 0 114,184 0 0 0 Mark Slezak 0 0 0 0 0 0 0 Arthur A. Greenberg 62,147 0 0 0 0 62,147 0 --------- --------- --------- --------- --------- --------- --------- TOTAL - SOLE VOTES: 345,714 169,383 0 114,184 0 62,147 0 --------- --------- --------- --------- --------- --------- --------- TOTAL - SHARED AND 3,200,715 1,438,230 1,398,876 2,398,873 1,393,440 2,169,558 1,268,847 ========= ========= ========= ========= ========= ========= ========= SOLE VOTES: 11.1% 5.0% 4.8% 8.3% 4.8% 7.5% 4.4% 20 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 20 of 27 21 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. Date: February 16, 1999 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/ Sheli Z. Rosenberg ------------------------------------------------ Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------------------ Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------------------ Its: Vice President Page 21 of 27 22 SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------------------ Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Sheli Z. Rosenberg ------------------------------------------------ Its: Vice President EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak ------------------------------------------------ Its: Vice President ANDA PARTNERSHIP, A NEVADA GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie ------------------------------------------------ Its: Co-Trustee LFT PARTNERSHIP, AN ILLINOIS GENERAL PARTNERSHIP By: Jesse Trust, a general partner By: /s/ Ann Lurie ------------------------------------------------ Its: Trustee /s/ Samuel Zell -------------------------------------------------- Samuel Zell Page 22 of 27 23 /s/ Ann Lurie -------------------------------------------------- Ann Lurie /s/ Sheli Z. Rosenberg -------------------------------------------------- Sheli Z. Rosenberg /s/ Arthur A. Greenberg -------------------------------------------------- Arthur A. Greenberg /s/ Mark Slezak -------------------------------------------------- Mark Slezak Page 23 of 27 24 JOINT FILING AGREEMENT AGREEMENT dated as February 16, 1999 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; Sheli Z. Rosenberg; Arthur A. Greenberg; 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 24 of 27 25 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/ Sheli Z. Rosenberg ----------------------------------------------- Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ----------------------------------------------- Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ----------------------------------------------- Its: Vice President Page 25 of 27 26 SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ----------------------------------------------- Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Sheli Z. Rosenberg ----------------------------------------------- Its: Vice President EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak ----------------------------------------------- Its: Vice President ANDA PARTNERSHIP, A NEVADA GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie ----------------------------------------------- Its: Co-Trustee Page 26 of 27 27 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/ Sheli Z. Rosenberg -------------------------------------------------- Sheli Z. Rosenberg /s/ Arthur A. Greenberg -------------------------------------------------- Arthur A. Greenberg /s/ Mark Slezak -------------------------------------------------- Mark Slezak Page 27 of 27