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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 23)*
THE MARCUS CORPORATION
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(Name of Issuer)
Common Stock, $1.00 par value
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(Title of Class of Securities)
566330 10 6
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(CUSIP Number)
December 31, 2001
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(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
disclosures provided in a prior cover page.
The information required on 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).
(Continued on following page(s))
Page 1 of 7 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Diane M. Gershowitz
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(SEE INSTRUCTIONS) (b)[ ]
Not Applicable
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 1,819,290 (see footnote 1)
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 973,751
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,819,290 (see footnote 1)
-----------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 4,029,580
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,848,870 (see footnote 1)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ]
SHARES (SEE INSTRUCTIONS)
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
20.0%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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1 Includes 1,569,300 shares beneficially owned by DG-LDJ Holdings, L.L.C.;
the undersigned holds 100% of the membership units of DG-LDJ Holdings,
L.L.C.
Page 2 of 7 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
DG-LDJ Holdings, L.L.C.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(SEE INSTRUCTIONS) (b)[ ]
Not Applicable
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 1,569,300
-------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,569,300
-----------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,569,300
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ]
SHARES (SEE INSTRUCTIONS)
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
================================================================================
Page 3 of 7 Pages
This Amendment No. 23 to Schedule 13G with regard to The Marcus
Corporation is being filed on behalf of the undersigned to amend Items 2(a)-(c)
and 4 of the originally filed Schedule 13G. Except as expressly stated herein,
there have been no material changes in the information set forth in the Schedule
13G.
Item 2(a). Name of Person Filing:
--------- ---------------------
The filers of this Schedule 13G are: (i) Diane Marcus Gershowitz
and (ii) DG-LDJ Holdings, L.L.C. Diane Marcus Gershowitz holds
100% of the membership units of DG-LDJ Holdings, L.L.C. Attached
as Exhibit 1 hereto is an agreement between Diane Marcus
Gershowitz and DG-LDJ Holdings, L.L.C. that this Schedule 13G is
filed on behalf of each of them.
Item 2(b). Address of Principal Business Office or, if none, Residence:
--------- -----------------------------------------------------------
(For each of Diane Marcus Gershowitz and DG-LDJ Holdings, L.L.C.)
c/o The Marcus Corporation
250 East Wisconsin Avenue, Suite 1700
Milwaukee, Wisconsin 53202
Item 2(c). Citizenship:
--------- -----------
Diane Marcus Gershowitz is a United States citizen.
DG-LDJ Holdings, L.L.C. is a Delaware limited liability company.
Item 4. Ownership:
------ ---------
Diane Marcus Gershowitz
-----------------------
(a) Amount Beneficially Owned: 5,848,870
(b) Percent of Class: 20.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,819,290
(ii) shared power to vote or to direct the vote: 973,751
(iii) sole power to dispose or to direct the disposition of:
1,819,290
(iv) shared power to dispose or to direct the disposition
of: 4,029,580
Page 4 of 7 Pages
The undersigned currently has the right to acquire upon the
exercise of stock options granted by The Marcus Corporation under its stock
option plan 6,875 shares of Common Stock and 76,081 shares of Common Stock are
held individually by the undersigned. The remaining reported beneficial
ownership of Common Stock results from the beneficial ownership of shares of
Class B Common Stock, which are convertible at any time into Common Stock on a
share-for-share basis. The percentage of class figure assumes conversion of all
outstanding shares of Class B Common Stock into shares of Common Stock.
Ms. Gershowitz's beneficial ownership consists of:
(i) 6,875 shares of Common Stock which Ms. Gershowitz has
the right to acquire upon the exercise of stock
options;
(ii) 76,081 shares of Common Stock held individually by Ms.
Gershowitz;
(iii) 167,034 shares of Class B Common Stock held
individually by Ms. Gershowitz;
(iv) 1,569,300 shares of Class B Common Stock held by DG-LDJ
Holdings, L.L.C., of which Ms. Gershowitz holds 100% of
the membership units;
(v) 900 shares of Class B Common Stock held individually by
Ms. Gershowitz's husband;
(vi) 972,851 shares of Class B Common Stock held by trusts
whereby Ms. Gershowitz serves as Trustee; and
(vii) 3,055,829 shares of Class B Common Stock held by
trusts whereby Ms. Gershowitz and her brother, Stephen
H. Marcus, serve as Co-Trustees.
The trusts and Mr. Gershowitz, for shares held individually, each
have the right to receive dividends and proceeds from the sale of securities
held thereby.
Page 5 of 7 Pages
DG-LDJ Holdings, L.L.C.
-----------------------
(a) Amount Beneficially Owned: 1,569,300
(b) Percent of Class: 5.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,569,300
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
1,569,300
(iv) shared power to dispose or to direct the disposition
of: 0
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: February 9, 2002
/s/ Diane Marcus Gershowitz
-----------------------------------------
Diane Marcus Gershowitz
DG-LDJ HOLDINGS, L.L.C.
By: /s/ Diane Marcus Gershowitz
--------------------------------------
Diane Marcus Gershowitz
Manager
Page 6 of 7 Pages