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DIVERSIFIED HEALTHCARE TRUST

Major Shareholding Notification Jan 20, 2010

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SC 13G/A 1 snh-fs13ga1.htm 13GA1 snh-fs13ga1.htm Licensed to: Sullivan & Worcester LLP Document Created using EDGARizer 5.1.5.0 Copyright 1995 - 2009 Thomson Reuters. All rights reserved.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

(Rule 13d-102)

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Five Star Quality Care, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

33832D106

(CUSIP Number)

December 31, 2009

(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) |
| --- | --- |
| x | Rule
13d-1(c) |
| ¨ | 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).

CUSIP No. 33832D106 13G/A Page 2 of 12 Pages

| 1. | Names of
Reporting Persons Senior
Housing Properties Trust | |
| --- | --- | --- |
| 2. | Check the Appropriate Box if a
Member of a
Group* (a) ¨ ( See Instructions) (b) ¨ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship
or Place of Organization Maryland | |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | 5. | Sole Voting
Power 3,235,000 |
| | 6. | Shared
Voting Power 0 |
| | 7. | Sole
Dispositive Power 3,235,000 |
| | 8. | Shared
Dispositive Power 0 |
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 3,235,000 | |
| 10. | Check if the Aggregate Amount in
Row (9) Excludes Certain Shares ¨ ( See Instructions) | |
| 11. | Percent of
Class Represented by Amount in Row (9) 9.1% | |
| 12. | Type of
Reporting Person ( See Instructions) OO | |

CUSIP No. 33832D106 13G/A Page 3 of 12 Pages

| 1. | Names of
Reporting Persons Reit
Management & Research LLC | |
| --- | --- | --- |
| 2. | Check the Appropriate Box if a
Member of a
Group* (a) ¨ ( See Instructions) (b) ¨ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship
or Place of Organization Delaware | |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | 5. | Sole Voting
Power 0 |
| | 6. | Shared
Voting Power 0 |
| | 7. | Sole
Dispositive Power 0 |
| | 8. | Shared
Dispositive Power 0 |
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 0 | |
| 10. | Check if the Aggregate Amount in
Row (9) Excludes Certain
Shares x ( See Instructions) | |
| 11. | Percent of
Class Represented by Amount in Row (9) 0% | |
| 12. | Type of
Reporting Person ( See Instructions) OO | |

CUSIP No. 33832D106 13G/A Page 4 of 12 Pages

| 1. | Names of
Reporting Persons Reit
Management & Research Trust | |
| --- | --- | --- |
| 2. | Check the Appropriate Box if a
Member of a
Group* (a) ¨ ( See Instructions) (b) ¨ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship
or Place of Organization Massachusetts | |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | 5. | Sole Voting
Power 0 |
| | 6. | Shared
Voting Power 0 |
| | 7. | Sole
Dispositive Power 0 |
| | 8. | Shared
Dispositive Power 0 |
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 0 | |
| 10. | Check if the Aggregate Amount in
Row (9) Excludes Certain
Shares x ( See Instructions) | |
| 11. | Percent of
Class Represented by Amount in Row (9) 0% | |
| 12. | Type of
Reporting Person ( See Instructions) OO | |

CUSIP No. 33832D106 13G/A Page 5 of 12 Pages

| 1. | Names of
Reporting Persons Barry
M. Portnoy | |
| --- | --- | --- |
| 2. | Check the Appropriate Box if a
Member of a
Group* (a) ¨ ( See Instructions) (b) ¨ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship
or Place of Organization United
States | |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | 5. | Sole Voting
Power 168,122 |
| | 6. | Shared
Voting Power 0 |
| | 7. | Sole
Dispositive Power 168,122 |
| | 8. | Shared
Dispositive Power 0 |
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 168,122 | |
| 10. | Check if the Aggregate Amount in
Row (9) Excludes Certain
Shares x ( See Instructions) | |
| 11. | Percent of
Class Represented by Amount in Row (9) Less
than 1% | |
| 12. | Type of
Reporting Person ( See Instructions) IN | |

CUSIP No. 33832D106 13G/A Page 6 of 12 Pages

| 1. | Names of
Reporting Persons Adam
D. Portnoy | |
| --- | --- | --- |
| 2. | Check the Appropriate Box if a
Member of a
Group* (a) ¨ ( See Instructions) (b) ¨ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship
or Place of Organization United
States | |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | 5. | Sole Voting
Power 32,000 |
| | 6. | Shared
Voting Power 0 |
| | 7. | Sole
Dispositive Power 32,000 |
| | 8. | Shared
Dispositive Power 0 |
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 32,000 | |
| 10. | Check if the Aggregate Amount in
Row (9) Excludes Certain
Shares x ( See Instructions) | |
| 11. | Percent of
Class Represented by Amount in Row (9) Less
than 1% | |
| 12. | Type of
Reporting Person ( See Instructions) IN | |

CUSIP No. 33832D106 13G/A Page 7 of 12 Pages

Item 1(a). Name of Issuer:

Five Star Quality Care, Inc.

Item 1(b). Address of Issuer’s Principal Executive Offices:

400 Centre Street

Newton, MA 02458

Item 2(a). Name of Person Filing:

This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

| (1) | Senior
Housing Properties Trust (“SNH”) |
| --- | --- |
| (2) | Reit
Management & Research LLC (“RMR”) (the manager of
SNH) |
| (3) | Reit
Management & Research Trust (“RMR Trust”) (the sole member of
RMR) |
| (4) | Barry M.
Portnoy (a managing director of the Issuer, a managing trustee of SNH, the
Chairman and a director of RMR, and the Chairman, majority beneficial
owner and a trustee of RMR Trust) |
| (5) | Adam D.
Portnoy (a managing trustee of SNH, the President and Chief Executive
Officer and a director of RMR, and the President and Chief Executive
Officer, a beneficial owner and a trustee of RMR
Trust) |

Item 2(b). Address of Principal Offices or, if None, Residence:

The address of each Reporting Person is:

400 Centre Street

Newton, Massachusetts 02458

Item 2(c). Citizenship:

SNH is a Maryland real estate investment trust.

RMR is a Delaware limited liability company.

RMR Trust is a Massachusetts business trust.

Barry M. Portnoy is a United States citizen.

Adam D. Portnoy is a United States citizen.

Item 2(d). Title of Class of Securities:

Common stock, $.01 par value per share

Item 2(e). CUSIP Number:

33832D106

CUSIP No. 33832D106 13G/A Page 8 of 12 Pages

Item 3. If the Statement is being filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the filing person is a:

Not applicable.

| (a) | ¨ | Broker or
dealer registered under section 15 of the Act (15 U.S.C.
78o); |
| --- | --- | --- |
| (b) | ¨ | Bank as
defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | ¨ | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c); |
| (d) | ¨ | Investment
company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C. 80a-8); |
| (e) | ¨ | An
investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E); |
| (f) | ¨ | An employee
benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F); |
| (g) | ¨ | A parent
holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G); |
| (h) | ¨ | A savings
association as defined in Section 3(b) of the Federal Deposit Insurance
Act (12 U.S.C. 1813); |
| (i) | ¨ | A church
plan that is excluded from the definition of an investment company under
Section 3(c)(14) of the Investment Company Act (15 U.S.C.
80a-3); |
| (j) | ¨ | A non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
| (k) | ¨ | Group, in
accordance with Rule 13d-1(b)(1)(ii)(K). |

If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:_______

Item 4. Ownership.

(a) Amount beneficially owned:

SNH beneficially owns 3,235,000 Shares of Common Stock of the Issuer, which it acquired pursuant to a lease realignment agreement with the Issuer, entered into on August 4, 2009.

Neither RMR nor RMR Trust holds any Shares of Common Stock of the Issuer. RMR, as manager of SNH, and RMR Trust, as the sole member of RMR, may, under applicable regulatory definitions, be deemed to beneficially own (and have shared voting and dispositive power over) the 3,235,000 Shares of Common Stock beneficially owned by SNH, but each disclaims such beneficial ownership.

Mr. Barry Portnoy beneficially owns 168,122 Shares of Common Stock of the Issuer. Mr. Adam Portnoy beneficially owns 32,000 Shares of Common Stock of the Issuer (of which 16,000 are subject to vesting requirements and will become fully vested, subject to the lapse of certain contingencies, annually through 2013). In their respective positions with RMR and RMR Trust described in Item 2(a) above, Mr. Barry Portnoy and Mr. Adam Portnoy may also be deemed to beneficially own (and have shared voting and dispositive power over) the 3,235,000 Shares of Common Stock beneficially owned by SNH, but each disclaims such beneficial ownership.

(b) Percent of class:

SNH beneficially owns approximately 9.1% of the Issuer’s Common Stock.

CUSIP No. 33832D106 13G/A Page 9 of 12 Pages

Each of Mr. Barry Portnoy and Mr. Adam Portnoy beneficially owns less than 1% of the Issuer’s Common Stock, and RMR and RMR Trust beneficially own none of the Issuer’s Common Stock. Reference is made to Item 4(a) above as to the Issuer’s Common Stock beneficially owned by SNH that may, under applicable regulatory definitions, be deemed to be beneficially owned by RMR, RMR Trust, Mr. Barry Portnoy or Mr. Adam Portnoy. If all such Shares of Common Stock were beneficially owned by such persons, their respective percentage beneficial ownership of the Issuer’s Common Stock would be approximately 9.1%, 9.1%, 9.6% and 9.2%.

(c) Number of shares as to which such person has:

| (i) | Sole power
to vote or direct the vote: |
| --- | --- |
| | SNH:
3,235,000 |
| | RMR: 0 |
| | RMR
Trust: 0 |
| | Barry M.
Portnoy: 168,122 |
| | Adam D.
Portnoy: 32,000 |
| (ii) | Shared
power to vote or direct the vote: |
| | SNH: 0 |
| | RMR: 0 |
| | RMR
Trust: 0 |
| | Barry M.
Portnoy: 0 |
| | Adam D.
Portnoy: 0 |
| (iii) | Sole power
to dispose or to direct the disposition of: |
| | SNH:
3,235,000 |
| | RMR: 0 |
| | RMR
Trust: 0 |
| | Barry M.
Portnoy: 168,122 |
| | Adam D.
Portnoy: 32,000 |
| (iv) | Shared
power to dispose or to direct the disposition of: |
| | HPT: 0 |
| | RMR: 0 |
| | RMR
Trust: 0 |

CUSIP No. 33832D106 13G/A Page 10 of 12 Pages

| Barry M.
Portnoy: 0 |
| --- |
| Adam D.
Portnoy: 0 |

Reference is made to Item 4(a) above as to the Issuer’s Common Stock beneficially owned by SNH which may, under applicable regulatory definitions, be deemed to be beneficially owned by RMR, RMR Trust, Mr. Barry Portnoy or Mr. Adam Portnoy.

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person had ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ].

Ite m 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 or Control Person.

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. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. 33832D106 13G/A Page 11 of 12 Pages

SIGNATURES

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.

| January
20, 2010 (Date) |
| --- |
| SENIOR
HOUSING PROPERTIES TRUST |
| /s/ Richard A. Doyle |
| (Signature) |
| Richard A.
Doyle, Treasurer and Chief Financial Officer |
| (Name/Title) |
| REIT
MANAGEMENT & RESEARCH LLC |
| /s/ Adam D. Portnoy |
| (Signature) |
| Adam D.
Portnoy, President and Chief Executive Officer |
| (Name/Title) |
| REIT
MANAGEMENT & RESEARCH TRUST |
| /s/ Adam D. Portnoy |
| (Signature) |
| Adam D.
Portnoy, President and Chief Executive Officer |
| (Name/Title) |
| BARRY
M. PORTNOY |
| /s/ Barry M. Portnoy |
| (Signature) |
| ADAM
D. PORTNOY |
| /s/ Adam D. Portnoy |
| (Signature) |

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations ( see 18 U.S.C. 1001).

CUSIP No. 33832D106 13G/A Page 12 of 12 Pages

EXHIBIT INDEX

Exhibit Description
99(a) Joint
Filing Agreement, dated as of August 12, 2009, by and among Senior
Housing Properties Trust, Reit Management & Research LLC, Reit
Management & Research Trust, Barry M. Portnoy and Adam D.
Portnoy.*

*Included as an exhibit to the Schedule 13G filed August 12, 2009.

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