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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

EQUITY LIFESTYLE PROPERTIES, INC.

(Name of Issuer)

 

Common Stock, $0.01 per share

(Title of Class of Securities)

 

564682102

(CUSIP Number)

 

Jonathan D. Wasserman, Esq.
Equity Group Investments.
2 North Riverside Plaza, Suite 600
Chicago, Illinois 60606
312-466-3505

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

 

October 23, 2015

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* 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 disclosures provided in a prior cover page.

The information required on 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).

 

 

 
 

 

 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Samuel Zell
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  United States              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   2,882,182 (1)              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   816,650              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   2,796,847              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    816,650              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  3,698,832(1)              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  4.3%(2)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  IN              

 

(1) Includes 85,335 shares of Common Stock granted as restricted stock by the Issuer to the Reporting Person in his role as a director of the Issuer for which the restrictions have not lapsed. Until such restrictions lapse, the Reporting Person has voting power over such shares but does not have dispositive power.

(2) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock and the exercise of currently exercisable options to purchase Common Stock, if applicable.

 

Page 2 of 20

 
 

 

 CUSIP No. 564682102                    

 

           
1   NAMES OF REPORTING PERSONS

Samuel Zell Revocable Trust
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Illinois              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   816,650              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    816,650              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  816,650              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
  1.0%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 3 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Samstock/SZRT, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   615,548              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    615,548              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  615,548              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.7%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable

Page 4 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Samstock/ZGPI, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   12,006              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    12,006              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  12,006              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  Less than 0.1%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 5 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Samstock, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   892,000              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    892,000              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  892,000              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  1.1%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 6 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Samstock/ZFT, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   17,774              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    17,774              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  17,774              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  Less than 0.1%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable

Page 7 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Samstock/Alpha, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   17,774              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    17,774              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  17,774              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  Less than 0.1%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 8 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

SZKT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Illinois              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   196,542              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    196,542              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  196,542              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.2% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 9 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

SZMT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  United States              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   196,548              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    196,548              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  196,548              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.2% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 10 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

SZJT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   196,542              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    196,542              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  196,542              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.2% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 11 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

ZFTKT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   299,970              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    299,970              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  299,970              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.4% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 12 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

ZFTMT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
   
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   299,968              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    299,968              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  299,968              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.4% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 13 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

ZFTGT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   64,280              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    64,280              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  64,280              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  Less than 0.1%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 14 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

ZFTJT Holdings, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   299,970              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    299,970              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  299,970              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  0.4% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 15 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Zell General Partnership, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   24,066              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    24,066              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  24,066              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  Less than 0.1% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  CO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 16 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

EGI Holdings, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Delaware              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   1,159,746              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    1,159,746              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  1,159,746              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  1.4% (1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  CO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 17 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

           
1   NAMES OF REPORTING PERSONS

Chai Trust Company, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
                   
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)              
                 
  o              
                   
6   CITIZENSHIP OR PLACE OF ORGANIZATION              
                 
  Illinois              
                     
  7   SOLE VOTING POWER              
                   
NUMBER OF   0              
                     
SHARES 8   SHARED VOTING POWER              
BENEFICIALLY                  
OWNED BY   3,677,186              
                     
EACH 9   SOLE DISPOSITIVE POWER              
REPORTING                  
PERSON   0              
                     
WITH 10   SHARED DISPOSITIVE POWER              
                   
    3,677,186              
                   
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON              
                 
  3,677,186              
                   
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)              
                 
  o              
                   
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              
                 
  4.2%(1)              
                   
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)              
                 
  OO              

 

(1) Based on 84,282,178 shares of Common Stock outstanding as of July 31, 2015, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, and assuming the exchange of OP Units (as defined herein) deemed to be beneficially owned by such Reporting person for shares of Common Stock, if applicable.

Page 18 of 20

 
 

 

                     
CUSIP No.   564682102                 

 

     

This Amendment No. 2 amends and restates, where indicated, the Statement on Schedule 13D relating to the Common Stock of the Issuer filed by the Reporting Persons with the Securities and Exchange Commission on December 22, 2010, as amended on March 4, 2011. Capitalized terms used in this Amendment No. 2 but not otherwise defined herein have the meanings given to them in the initial Schedule 13D, as amended to date.

 

This Amendment No. 2 is being filed to reflect the 2-for-1 stock split in July 2013, reflect the current beneficial ownership of the Reporting Persons and clarify the relationship among the Reporting Persons.

 

Except as otherwise set forth herein, this Amendment No. 2 does not modify any of the information previously reported in the Schedule 13D, as amended to date.

 

ITEM 4. PURPOSE OF THE TRANSACTION

 

The filing of this Amendment No. 2 does not reflect an adverse change in the Reporting Persons’ views on the prospects of the Issuer, or its business, management or directors, and does not involve any disposition or acquisition of any securities of the Issuer.

 

ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER

 

(a)-(b) The Reporting Persons consist of two separate groups:

 

(1) The first group relates to the shares over which Mr. Zell has voting and investment power (the “Zell Group”) which include the holdings held directly by him (sole power) and the holdings of Samuel Zell Revocable Trust and Samstock/SZRT, L.L.C. (shared power in each case).

 

(2) The second group relates to the shares over which Chai Trust Company, LLC has voting and investment power (the “Chai Group”) which consist of the holdings of all the other Reporting Persons.

 

Mr. Zell is not an officer or director of the Chai Trust Company, LLC, and neither he nor any members of the Zell Group has voting or investment power over any of the shares included in the Chai Group. Neither the Chai Trust Company, LLC nor any members of the Chai Group has voting or investment power over the shares included in the Zell Group. There are no agreements between any members of either group that would require the two groups to be treated as one.

 

The information regarding the beneficial ownership of each of the Reporting Persons set forth in the cover pages is incorporated herein by reference. The changes from the percentages of shares outstanding beneficially owned that were reported in Amendment No. 1 reflect dilution from new issuances by the Issuer to other securityholders, not dispositions by the Reporting Persons.

 

(e) As of the date hereof, the aggregate beneficial ownership of the Zell Group is 4.3% of the shares of Common Stock outstanding and the aggregate beneficial ownership of the Chai Group is 4.2% of the shares of Common Stock outstanding. Accordingly, none of the Reporting Persons is required to continue to report on Schedule 13D. See Item 4.

 

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SIGNATURES

After reasonable inquiry and to the best of the undersigneds’ knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

DATED: October 23, 2015

         
     
/s/ SAMUEL ZELL      
Samuel Zell     
     
 
Samuel Zell Revocable Trust
 Samstock/SZRT, L.L.C.		    
Each by:   /s/ SAMUEL ZELL      
Name:  Samuel Zell     
Title:  Trustee of Samuel Zell Revocable Trust    


Samstock/ZGPI, L.L.C.
Samstock, L.L.C.
Samstock/ZFT, L.L.C.
Samstock/Alpha, L.L.C.
SZKT Holdings, L.L.C.
SZMT Holdings, L.L.C.
SZJT Holdings, L.L.C.
ZFTKT Holdings, L.L.C.
ZFTMT Holdings, L.L.C.
ZFTGT Holdings, L.L.C.
ZFTJT Holdings, L.L.C.
Zell General Partnership, Inc.
EGI Holdings, Inc.

         
     
Each by:   /s/ PHILIP G. TINKLER      
Name:  Philip G. Tinkler     
Title:  Vice President     
 
CHAI TRUST COMPANY, LLC
 		    
By:   /s/ JAMES G. BUNEGAR      
Name:  James G. Bunegar     
Title:  Vice President     

 

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