U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Waveland International, Ltd.
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(Last) (First) (Middle)
1850 Second Street, Suite 201
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(Street)
Highland Park, Illinois 60035
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Heartland Partners, L.P. (AMEX:HTL)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
September 12, 2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[_] Form filed by one Reporting Person
[X] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Class A Limited Partnership Units 09/12/02 S 300 D $9.7500 14,251(1) D
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Explanation of Responses:
(1) Waveland International,Ltd. ("WIL") formerly held 14,551 units of which it sold 300 on September 12, 2002. The Reporting
Persons are related entities and may therefore be deemed to have an indirect ownership interest (pecuniary) in such units.
* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Response) (Over)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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WAVELAND INTERNATIONAL, LTD.
By: David S. Richter, Director
/s/ David S. Richter September 16, 2002
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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ATTACHMENT
Pursuant to Rules 16a-1(a)(3) and 16a-3(j) of the Securities Exchange
Act of 1934 and General Instruction 4(b)(v) of Form 4, the undersigned
hereby execute this attachment as joint filers with respect to the
foregoing Statement of Changes in Beneficial Ownership (Statement for
September 2002) regarding certain Class A Limited Partnership Units of
Heartland Partners, L.P. (AMEX: HTL):
WAVELAND INTERNATIONAL, LTD.
1850 Second Street, Suite 201
Highland Park, Illinois 60035
By: WAVELAND INTERNATIONAL, LTD.
By: /s/ David S. Richter
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David S. Richter, Director
WAVELAND PARTNERS, L.P.
1850 Second Street, Suite 201
Highland Park, Illinois 60035
By: Waveland Capital Management, L.P.
Its: General Partner
By: Clincher Capital Corporation
Its: General Partner
By: /s/ David S. Richter
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David S. Richter, President
WAVELAND CAPITAL MANAGEMENT, L.P.
1850 Second Street, Suite 201
Highland Park, Illinois 60035
By: Clincher Capital Corporation
Its: General Partner
By: /s/ David S. Richter
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David S. Richter, President
CLINCHER CAPITAL CORPORATION
1850 Second Street, Suite 201
Highland Park, Illinois 60035
By: /s/ David S. Richter
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David S. Richter, President
WAVELAND CAPITAL MANAGEMENT, LLC
1850 Second Street, Suite 201
Highland Park, Illinois 60035
By: /s/ David S. Richter
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David S. Richter, Manager
WAVELAND PARTNERS, LTD.
1850 Second Street, Suite 201
Highland Park, Illinois 60035
By: /s/ David S. Richter
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David S. Richter, Director
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