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OMB APPROVAL
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------ OMB Number: 3235-0287
FORM 4 Expires: December 31, 2001
------ Estimated average burden
hours per response .... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check this box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Carey William P. W.P. Carey & Co. LLC ("WPC") to Issuer (Check all applicable)
--------------------------------------------------------------------------------------------- X Director X 10% Owner
(Last) (First) (Middle) 3. I.R.S. Identification 4. Statement for ---- ---
Number of Reporting Month/Year X Officer (give Other (specify
525 Park Avenue Person, if an entity May 2001 ---- title --- below)
--------------------------------------------- (voluntary) ------------------- below)
(Street) Chairman & CEO
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5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
(Month/Year) X Form filed by One
---- Reporting Person
Form filed by More than
NY NY 10021 006-22-9082 ---- One Reporting Person
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(City) (State) (Zip) TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner-
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship
Date Code (Instr. 3, 4 and 5) cially Owned at Form:
(Instr. 8) End of Month Direct
(Month/ (Instr. 3 and 4) (D) or
Day/ --------------------------------------- Indirect
Year) Code V Amount (A) or Price (I)
(D) (Instr. 4)
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Common Stock 5/4/01 J(1) 5,342 A -- 9,231,853 I(3)
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Common Stock 5/4/01 J(4) 5,538 D -- 9,231,853 I(2)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person,
see Instruction 4(b)(v).
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TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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1. Title of Derivative 9. Number of 10. Ownership
Security Derivative Form of
(Instr. 3) Securities Derivative
Beneficially Securities:
Owned at End Beneficially
of Month Owned at
(Instr. 4) End of Month
(Instr. 4)
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Explanation of Responses:
(1) Represents an accounting adjustment to restricted shares distributed in connection with the
formation of W.P. Carey & Co. LLC from the merger of Carey Diversified LLC and
W.P. Carey & Co. Inc.
(2) By Carey Property Advisors LP
(3) By Ninth Carey Corporate Properties Inc.
(4) Distribution by Carey Property Advisors LP to its Partners.
/s/ William P. Carey 6/8/2001
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see
instruction 4(b)(v).
** Intentional misstatements or ommissions of facts constitute
Federal Criminal Violations Sec 18 U.S.C. 1001 and 15 U.S.C.
7811(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.