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SEC Filings

S-1/A
JONES LANG LASALLE INC filed this Form S-1/A on 07/11/1997
Entire Document
 
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 (4) DEL/LaSalle, the "Selling Stockholder" has granted the U.S. Underwriters a
     30-day option to purchase 600,000 shares of Common Stock on the same terms
     and conditions as the Offering. All of the outstanding membership
     interests in DEL/LaSalle are owned by the Employee Partnerships. See
     "Incorporation Transactions."
 (5) Includes 134,590 shares of Common Stock attributable to partnership
     interests held by former employees of the Predecessor Partnerships.
   
 (6) Does not include the 468,972 shares of Common Stock owned by Galbreath-
     LPL. Galbreath Holdings is the non-member manager of Galbreath-LPL and,
     therefore, might be deemed to be the beneficial owner of such shares for
     purposes of Rule 13d-3 ("Rule 13d-3") promulgated pursuant to the
     Securities Exchange Act of 1934, as amended (the "Exchange Act").
     Galbreath Holdings disclaims beneficial ownership of such shares of Common
     Stock. The Company has been informed by Galbreath-LPL that after the
     consummation of the Offering, Galbreath-LPL intends to distribute its
     shares of Common Stock to its members.     
 (7) Does not include the 5,054,175 shares of Common Stock owned by DEL-LPL,
     one of the Employee Partnerships, of which the listed person, as the sole
     stockholder of a general partner of DEL-LPL, might be deemed to be the
     beneficial owner for purposes of Rule 13d-3. Also does not include the
     1,826,548 shares of Common Stock of DEL/LaSalle, which is 85% owned by
     DEL-LPL. The listed person disclaims beneficial ownership of the shares of
     Common Stock owned by DEL-LPL and DEL/LaSalle.
 (8) Mr. Scott, either directly or through an affiliate, owns a 9.5% interest
     in the Employee Partnerships, on a fully-diluted basis. Mr. Scott owns all
     of the issued and outstanding common stock of DEL-SLS, Inc., a general
     partner of DEL-LPL.
 (9) Mr. Spoerri, either directly or through an affiliate, owns a 6.8% interest
     in the Employee Partnerships, on a fully-diluted basis. Mr. Spoerri owns
     all of the issued and outstanding common stock of DEL-RCS, Inc., a general
     partner of DEL-LPL.
(10) Mr. Sullivan owns a 1.0% limited partnership interest in the Employee
     Partnerships, on a fully-diluted basis.
(11) Mr. Cummings, either directly or through an affiliate, owns a 2.6%
     interest in the Employee Partnerships, on a fully-diluted basis. Mr.
     Cummings owns all of the issued and outstanding common stock of DEL-DWC,
     Inc., a general partner of DEL-LPL.
(12) Mr. Esler, either directly or through an affiliate, has a 2.4% interest in
     the Employee Partnerships, on a fully diluted basis. Mr. Esler owns all of
     the issued and outstanding common stock of DEL-CKE, Inc., a general
     partner of DEL-LPAML, one of the Employee Partnerships. Does not include
     the 891,913 shares of Common Stock owned by DEL-LPAML of which Mr. Esler
     might be deemed to be the beneficial owner for purposes of Rule 13d-3.
     Also does not include the 1,826,548 shares of Common Stock of DEL/LaSalle,
     which is 15% owned by DEL-LPAML. Mr. Esler disclaims beneficial ownership
     of the shares of Common Stock owned by DEL-LPAML and DEL/LaSalle.
(13) Ms. Galbreath owns, either directly or through a trust for which she is
     the sole beneficiary, a 45.0% interest in, and is the managing member of,
     Galbreath Holdings. Ms. Galbreath also owns a 40.3% interest in Galbreath-
     LPL. Because Ms. Galbreath is the non-member manager of Galbreath Holdings
     and Galbreath Holdings is the managing member of Galbreath-LPL, Ms.
     Galbreath might be deemed to be the beneficial owner of all shares of
     Common Stock owned by Galbreath Holdings and Galbreath-LPL for purposes of
     Rule 13d-3. Ms. Galbreath disclaims beneficial ownership of such shares of
     Common Stock, except to the extent of her ownership interests.
(14) Mr. Rose, either directly or through an affiliate, owns a 5.87% interest
     in the Employee Partnerships, on a fully-diluted basis. Mr. Rose is a
     general partner of DEL-LPL.
(15) Ms. Thurber, either directly or through an affiliate, owns a 1.9% interest
     in the Employee Partnerships, on a fully-diluted basis. Ms. Thurber owns
     all of the issued and outstanding common stock of DEL-LCT, Inc., a general
     partner of DEL-LPL.
(16) Mr. Webb, either directly or through an affiliate, owns a 1.3% interest in
     the Employee Partnerships. Mr. Webb owns all of the issued and outstanding
     common stock of DEL-EEW, Inc., a general partner of DEL-LPL.
(17) See footnotes (7)-(16) above.
 
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