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. 3)* Manufactured Home Communities, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 - -------------------------------------------------------------------------------- (Title of Class of Securities) 564682 10 2 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2000 - -------------------------------------------------------------------------------- (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). Page 1 of 26
2 CUSIP NO. 564682 10 2 13G PAGE 2 OF 26 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 363,185 ----------------------------------------------------- Beneficially 6 Shared Voting Power 326,352 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 363,185 ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 326,352 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 689,537 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 3.3% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - --------------------------------------------------------------------------------
3 CUSIP NO. 564682 10 2 13G PAGE 3 OF 26 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 326,352 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 326,352 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 326,352 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 1.5% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
4 CUSIP NO. 564682 10 2 13G PAGE 4 OF 26 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) 1.5% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
5 CUSIP NO. 564682 10 2 13G PAGE 5 OF 26 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) .03% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
6 CUSIP NO. 564682 10 2 13G PAGE 6 OF 26 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) 4.5% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
7 CUSIP NO. 564682 10 2 13G PAGE 7 OF 26 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) .9% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN - --------------------------------------------------------------------------------
8 CUSIP NO. 564682 10 2 13G PAGE 8 OF 26 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) 2.7% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) CO - --------------------------------------------------------------------------------
9 CUSIP NO. 564682 10 2 13G - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Rochelle Zell Revocable Trust 36-7328783 - -------------------------------------------------------------------------------- 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 4,000 ----------------------------------------------------- Beneficially 6 Shared Voting Power 0 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 4,000 ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 4,000 - -------------------------------------------------------------------------------- 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% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
10 CUSIP NO. 564682 10 2 13G - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Donald S. Chisholm Trust 38-6469512 - -------------------------------------------------------------------------------- 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 Michigan - -------------------------------------------------------------------------------- Number of 5 Sole Voting Power Shares 7,000 ----------------------------------------------------- Beneficially 6 Shared Voting Power 0 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 7,000 ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 7,000 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) .03% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
11 CUSIP NO. 564682 10 2 13G PAGE 9 OF 26 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) 2.7% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) CO - --------------------------------------------------------------------------------
12 CUSIP NO. 564682 10 2 13G PAGE 10 OF 26 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) 6.6% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - --------------------------------------------------------------------------------
13 CUSIP NO. 564682 10 2 13G PAGE 11 OF 26 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) 1.1% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN - --------------------------------------------------------------------------------
14 CUSIP NO. 564682 10 2 13G PAGE 12 OF 26 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) .03% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN - --------------------------------------------------------------------------------
15 CUSIP NO. 564682 10 2 13G PAGE 13 OF 26 PAGES - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Mark Slezak - -------------------------------------------------------------------------------- 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) 6.6% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN - --------------------------------------------------------------------------------
16 CUSIP NO. 564682 10 2 13G PAGE 14 OF 26 PAGES - -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) Chai Trust Company, L.L.C. 36-4268733 - -------------------------------------------------------------------------------- 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 2,300,692 Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each ----------------------------------------------------- Reporting 8 Shared Dispositive Power Person With 2,300,692 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,300,692 - -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 10.9% - -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO - --------------------------------------------------------------------------------
17 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 Rochelle Zell Revocable Trust Donald S. Chisholm Trust EGIL Investments, Inc., an Illinois corporation Ann Lurie Anda Partnership, an Illinois general partnership LFT Partnership, an Illinois general partnership Mark Slezak Chai Trust Company, L.L.C. The above persons and entities are each a "Reporting Person" and collectively are the "Reporting Persons." ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE The address for the Reporting Persons (other than Rochelle Zell Revocable Trust and Donald S. Chisholm Trust) is: Two North Riverside Plaza Chicago, Illinois 60606 The address for Rochelle Zell Revocable Trust is: Samuel Zell Co-Trustee 980 North Michigan Avenue Suite 1380 Chicago, Illinois 60611 The address for Donald S. Chisholm Trust is: 505 E. Huron Street Ann Arbor, Michigan 48104 Page 15 of 26
18 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 Rochelle Zell Revocable Trust Illinois Donald S. Chisholm Trust Michigan EGIL Investments, Inc. Illinois Ann Lurie USA Anda Partnership Illinois LFT Partnership Illinois Mark Slezak USA Chai Trust Company, L.L.C. Illinois 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; and LFT Partnership are limited partners of the Operating Partnership. Each limited partner of the Operating 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 Page 16 of 26
19 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 3,240,359 shares of Common Stock, or 15.3%, 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 363,185 shares of Common Stock (assuming the exercise of options to purchase 359,999 shares of Common Stock). Messrs. Zell and Slezak; Mrs. Lurie, the Samuel Zell Revocable Trust u/t/a 1/17/90 and Chai Trust Company, L.L.C. 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 17 of 26
20 SHARED POWER WITH SUCH REPORTING PERSON Total Beneficially Owned Samuel Zell Chai Trust Reporting Person ("RP") by such RP Samuel Zell Ann Lurie Mark Slezak Revocable Trust Company, L.L.C. - ----------------------- ---------- ----------- --------- ----------- --------------- --------------- Samuel Zell Revocable Trust 18,578 18,578 0 0 18,578 0 Samstock/SZRT, L.L.C. 307,774(1) 307,774 0 0 307,774 0 Samstock/ZGPI, L.L.C. 6,003 0 0 0 0 6,003 Samstock, L.L.C. 947,665(2) 0 0 0 0 947,665 Samstock/ZFT, L.L.C. 187,278(3) 0 0 0 0 187,278 EGI Holdings, Inc. 579,873(3) 0 579,873 579,873 0 579,873 Rochelle Zell Revocable Trust 4,000 0 0 0 0 0 Donald S. Chisholm Trust 7,000 0 0 0 0 0 EGIL Investments, Inc. 579,873(3) 0 579,873 579,873 0 579,873 Anda Partnership 233,694(3) 0 233,694 233,694 0 0 LFT Partnership 5,436(3) 0 5,436 0 0 0 --------- ------- --------- --------- ------- --------- TOTAL - SHARED VOTES: 2,877,174 326,352 1,398,876 1,393,440 326,352 2,300,692 ========= ======= ========= ========= ======= ========= SOLE POWER WITH RESPECT TO COMMON STOCK Samuel Zell Chai Trust Samuel Zell Ann Lurie Mark Slezak Revocable Trust Company, L.L.C. ----------- --------- ----------- --------------- --------------- Samuel Zell 363,185 363,185 0 0 0 0 Ann Lurie 0 0 0 0 0 0 Mark Slezak 0 0 0 0 0 0 --------- ------- --------- --------- ------- --------- TOTAL - SOLE VOTES: 363,185 363,185 0 0 0 0 --------- ------- --------- --------- ------- --------- TOTAL - SHARED AND 3,240,359 689,537 1,398,876 1,393,440 326,352 2,300,692 ========= ======= ========= ========= ======= ========= SOLE VOTES: 15.3% 3.26% 5.5% 5.5% 1.54% 8.9% (1) Includes 13,641 OP Units. (2) Includes 601,665 OP Units. (3) Represents OP Units. Page 18 of 26
21 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 19 of 26
22 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. Dated: May 18, 2001 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/ Donald J. Liebentritt ------------------------------ Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Donald J. Liebentritt ------------------------------ Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Donald J. Liebentritt ------------------------------ Its: Vice President Page 20 of 26
23 SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Donald J. Liebentritt ------------------------------- Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Donald J. Liebentritt ------------------------------- Its: Vice President ROCHELLE ZELL REVOCABLE TRUST By: /s/ Samuel Zell ------------------------------- Its: Co-Trustee --------------------------- DONALD S. CHISHOLM TRUST By: /s/ Samuel Zell ------------------------------- Its: Trustee --------------------------- EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak ------------------------------- Its: Vice President ANDA PARTNERSHIP, AN ILLINOIS GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie ------------------------------- Its: Co-Trustee AND By: Ann and Descendants Trust By: /s/ Ann Lurie ------------------------------- Its: Co-Trustee Page 21 of 26
24 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/ Mark Slezak ------------------------------------- Mark Slezak CHAI TRUST COMPANY, L.L.C. By: /s/ Donald J. Liebentritt ------------------------------- Its: Vice President Page 22 of 26
25 JOINT FILING AGREEMENT THIS AGREEMENT dated as May 18, 2001 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; Rochelle Zell Revocable Trust; Donald S. Chisholm Trust; EGIL Investments, Inc., an Illinois corporation; Anda Partnership, a Nevada general partnership; LFT Partnership, an Illinois general partnership; Samuel Zell; Ann Lurie; and Mark Slezak (collectively the "Reporting Persons") hereby replaces that certain Joint Filing Agreement dated as of February 14, 2000. 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. Page 23 of 26
26 3. 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/ Donald J. Liebentritt ---------------------------------- Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Donald J. Liebentritt ---------------------------------- Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Donald J. Liebentritt ---------------------------------- Its: Vice President Page 24 of 26
27 SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Donald J. Liebentritt ---------------------------------- Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Donald J. Liebentritt ---------------------------------- Its: Vice President ROCHELLE ZELL REVOCABLE TRUST By: /s/ Samuel Zell ------------------------------- Its: Co-Trustee --------------------------- DONALD S. CHISHOLM TRUST By: /s/ Samuel Zell ------------------------------- Its: Trustee --------------------------- EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak ---------------------------------- Its: Vice President ANDA PARTNERSHIP, AN ILLINOIS GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie ---------------------------------- Its: Co-Trustee AND By: Ann and Descendants Trust By: /s/ Ann Lurie ---------------------------------- Its: Co-Trustee Page 25 of 26
28 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/ Mark Slezak ---------------------------------------- Mark Slezak Chai Trust Company, L.L.C. By: /s/ Donald J. Liebentritt ---------------------------------- Its: Vice President Page 26 of 26