---------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------
|F O R M 4| Washington, D.C. 20549 | OMB APPROVAL |
---------------- |--------------------------|
[ ] Check this box if no longer STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |OMB Number 3235-0287|
subject to Section 16. Form 4 |Expires: January 31, 2005|
or Form 5 obligations may |Estimated average burden |
continue. See Instruction 1(b). |hours per response.....0.5|
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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
(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) to|
| | | Issuer (Check all applicable) |
| | | |
| Trizec Canada Inc. | Trizec Properties, Inc. (TRZ) | X |
|----------------------------------------|------------------------------------------------|--- Director --- 10% Owner |
| (Last) (First) (Middle) |3.I.R.S. Identification|4.Statement for Month/ | |
| | Number of Reporting | Year |--- Officer --- Other |
| | Person, if an entity | | (give title below) (Specify below)|
| c/o 181 Bay Street, Suite 3900, | (Voluntary) | | |
| BCE Place | | May 2002 | --------------------------------- |
|----------------------------------------| |------------------------|----------------------------------------|
| (Street) | |5.If Amendment, Date of |7. Individual or Joint/Group Filing |
| | | Original (Month/Year) | (Check Applicable Line) |
| | | | |
| | | |--- Form filed by One Reporting Person |
| | | | X |
| | | |--- Form filed by More than One |
| Toronto, Ontario, Canada M5J 2T3 | | | Reporting Person |
|----------------------------------------|-----------------------------------------------------------------------------------------|
| (City) (State) (Zip) | |
| | TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|----------------------------------------------------------------------------------------------------------------------------------|
|1.Title of Security |2.Transac- |3.Trans- |4.Securities Acquired (A) or |5.Amount of |6.Owner- |7. Nature of |
| (Instr. 3) | tion Date | action | Disposed of (D) | Securities | ship Form:| Indirect |
| |(Month/Day/ | Code | (Instr. 3, 4 and 5) | Beneficially | Direct (D)| Beneficial |
| | Year) | (Instr. 8) | | Owned at End of| or | Ownership |
| | |-------------|-------------------------------| Month | Indirect | (Instr. 4) |
| | | | | |(A) or| | | (I) | |
| | | Code | V | Amount |(D) | Price | (Instr. 3 and 4)| (Instr. 4)| |
|------------------------|------------|-------------|----------------|------|-------|-----------------|------------|---------------|
| | | | | | | | | | |
| Series B Convertible | 5/7/02 | S | | 742,501.6 | D | (1) | -0- | | |
| Preferred Stock | | | | | | | | | |
| (non-voting) | | | | | | | | | |
|------------------------|------------|-------------|----------------|------|-------|-----------------|------------|---------------|
| Class C Convertible | 5/7/02 | S | | 699,400 | D | (2) | -0- | | |
| Preferred Stock | | | | | | | | | |
| (non-voting) | | | | | | | | | |
|------------------------|------------|-------------|----------------|------|-------|-----------------|------------|---------------|
| Common Stock | 5/7/02 | P | | 40,721,818.6 | A | (1) | | | |
| | | | | | | | | | |
|------------------------|------------|-------------|----------------|------|-------|-----------------|------------|---------------|
| Common Stock | 5/7/02 | P | | 42,193,745.7 | A | (2) | | | |
| | | | | | | | | | |
|------------------------|------------|-------------|----------------|------|-------|-----------------|------------|---------------|
| Common Stock | 5/8/02 | J(3) | V | 89,883,567(4) | D | | | | |
| | | | | | | | | | |
|------------------------|------------|-------------|----------------|------|-------|-----------------|------------|---------------|
| Common Stock | 5/8/02 | J(3) | V | 59,922,378(4) | A | | 1 | I(5) | by 4007069 |
| | | | | | | | | | Canada Inc. |
|------------------------|------------|------|------|----------------|------|-------|-----------------|------------|---------------|
| | | | | | | | 195,126 | I(5) | by Trizec Hahn|
| | | | | | | | | | Corporation |
|------------------------|------------|------|------|----------------|------|-------|-----------------|------------|---------------|
| | | | | | | | 59,727,252 | I(5) | by Emerald |
| | | | | | | | | | Blue Kft |
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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)
Potential persons who are to respond to the collection of (Over)
Information contained in this form are not required to respond SEC 1474 (3-99)
Page 1 of 4
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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|1.Title of|2.Conver-|3. |4.Tran- |5.Number of |6.Date |7.Title and |8.Price of|9.Number |10. |11. |
|Derivative|sion or |Trans- |saction |Derivative |Exercisable |Amount |Derivative|of |Owner-|Nature |
|Security |Exercise |action |Code |Securities |and |of |Security |Deriv- |ship |of |
|(Instr. 3)|Price of |Date |(Instr.8)|Acquired (A) or |Expiration |Underlying |(Instr. 5)|ative |Form |Indir- |
| |Deriva- |(Month/ | |Disposed of (D) |Date |Securities | |Securi- |of |ect |
| |tive |Day/ | |(Instr. 3, 4 and |(Month/Day/ |(Instr. | |ties |Deriv-|Bene- |
| |Security |Year) | |5) |Year) |3 and 4) | |Bene- |ative |ficial |
| | | | | |-----------------|-----------------| |ficially |Secu- |Owner- |
| | | | | | | | | | |Owned at |rity: |ship |
| | | |---------|-----------------|Date |Expir- | Title |Amount or| |End of |Direct|(Instr. |
| | | |Code | V | (A) | (D) |Exer- |ation | |Number of| |Month |(D) or|4) |
| | | | | | | |cisable |Date | |Shares | |(Instr. |(In- | |
| | | | | | | | | | | | |4) |direct| |
| | | | | | | | | | | | | |(I) | |
| | | | | | | | | | | | | |(In- | |
| | | | | | | | | | | | | |str. | |
| | | | | | | | | | | | | |4) | |
| | | | | | | | | | | | | | | |
|----------|---------|--------|-----|---|---------|-------|--------|--------|-------|---------|----------|-------- |------|--------|
|Warrants | (6) |05/08/02| J(3)| V |1,661,301| |05/08/02| (6) |Common |1,661,301| |1,661,301| I(5) |by |
|(right to | | | | | | | | |Stock | | | | |Trizec- |
|buy) | | | | | | | | | | | | | |Hahn |
| | | | | | | | | | | | | | |Office |
| | | | | | | | | | | | | | |Proper- |
| | | | | | | | | | | | | | |ties |
| | | | | | | | | | | | | | |Ltd. |
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Explanation of Responses:
(1) The reporting persons converted 742,501.6 shares of Series B Convertible Preferred Stock on May 7, 2002, at a conversion
price of $18.23 per share, resulting in the acquisition of 40,721,818.6 shares of Common Stock. The Series B Convertible
Preferred Stock has a face value of $1,000 per share and was convertible into Common Stock at a conversion price equal to the
market price of the Common Stock on the date of conversion. Following the conversion, on May 7, 2002, the Issuer effected a
stock split pursuant to which each share of Common Stock was split into approximately 1.084 shares of Common Stock.
(2) The reporting persons converted 699,400 shares of Class C Convertible Preferred Stock on May 7, 2002, at a conversion price
of $18.23 per share, resulting in the acquisition of 42,193,745.7 shares of Common Stock. The Class C Convertible Preferred
Stock has a face value of $1,100 per share and was convertible into Common Stock at a conversion price equal to the market
price of the Common Stock on the date of conversion. Following the conversion, on May 7, 2002, the Issuer effected a stock
split pursuant to which each share of Common Stock was split into approximately 1.084 shares of Common Stock.
(3) Pursuant to a reclassification exemption under Rule 16b-7, certain shares of Common Stock held by the reporting persons were
exchanged for subordinate voting shares of Trizec Hahn Corporation on a one-for-one basis. Upon the acquisition of the
subordinate voting shares of Trizec Hahn Corporation, the reporting persons became the indirect beneficial owner of an
additional 59,922,378 shares of Common Stock and 1,661,301 Warrants to purchase shares of Common Stock indirectly held by
Trizec Hahn Corporation.
(4) Reflects the stock split effected by the Issuer on May 7, 2002.
(5) The reporting persons (including the joint filer) disclaim beneficial ownership of the securities reported herein except to
the extent of their pecuniary interests.
(6) Each Warrant has a different exercise price and expiration date. Please see attached Schedule I.
**Intentional misstatements or omissions of facts constitute Federal /s/ Robert B. Wickham 6/10/02
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------------ ----------------
Name: Robert B. Wickham, on behalf Date
Note: File three copies of this Form, one of which must be manually signed. of Trizec Canada Inc.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number
Page 2 of 4
FORM 4 (continued)
FORM 4 - JOINT FILER INFORMATION
Name: 4007069 Canada Inc.
Address: c/o 181 Bay Street, Suite 3900, BCE Place
Toronto, Ontario, Canada M5J 2T3
Designated Filer: Trizec Canada Inc.
Issuer and Ticker: Trizec Properties, Inc. (TRZ)
Date of Event(s): 5/7/02
5/8/02
Relationship to Issuer 10% Owner
/s/ Robert B. Wickham 6/10/02
------------------------------- ----------------
Signature of Joint Filer Date
Robert B. Wickham, on behalf of
4007069 Canada Inc.
Page 3 of 4
FORM 4 (continued)
SCHEDULE I
ISSUER WARRANTS
Number of Expiration Exercise Price Number of Warrants Expiration Exercise Price
Warrants Date (US$) Date (US$)
------------------------------------------------- ---------------------------------------------------------------
12,000 10/31/08 16.01 12,000 10/31/08 16.01
12,000 10/31/08 16.97 12,000 10/31/08 16.97
12,000 10/31/08 17.93 12,000 10/31/08 17.93
18,750 11/01/07 14.58 25,000 10/31/07 14.51
75,000 03/20/08 15.50 300,000 12/21/07 15.15
3,000 01/09/09 16.34 250,000 12/06/06 15.57
3,000 01/09/09 17.30 1,250 02/08/06 20.41
3,000 01/09/09 18.26 12,000 10/31/08 16.01
12,000 05/08/03 16.01 12,000 10/31/08 16.97
12,000 05/08/03 16.97 12,000 10/31/08 17.93
12,000 05/08/03 17.93 18,750 10/31/07 14.51
75,000 05/08/03 14.51 6,000 10/31/08 16.01
1,250 02/08/06 20.41 3,125 11/01/07 14.58
1,250 02/08/06 20.41 3,000 01/09/09 16.34
100,000 05/11/08 16.24 3,000 01/09/09 17.30
1,250 02/08/06 20.41 3,000 01/09/09 18.26
2,000 09/24/08 17.61 20,000 07/21/03 9.970
2,000 09/24/08 18.56 44,611 01/31/04 14.99
2,000 09/24/08 19.52 87,650 01/31/04 14.93
3,750 07/26/07 16.33 202,860 12/11/03 18.41
1,250 02/08/06 20.41 96,057 01/31/03 22.01
6,000 10/31/08 16.01 124,539 01/31/03 18.41
3,125 11/01/07 14.58 6,000 10/31/08 16.01
4,167 12/06/06 15.57 3,125 10/31/07 14.51
7,500 12/11/03 18.41 3,750 07/26/07 16.33
1,042 12/11/03 18.41 1,250 02/08/06 20.41
Page 4 of 4