--------------------------- ---------------------------- FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL --------------------------- Washington, D.C. 20549 ---------------------------- [_] Check this box OMB Number: 3235-0287 if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Expires: December 31, 2001 to Section 16. Form 4 Estimated average burden or Form 5 obligations Filed pursuant to Section 16(a) of the Securities Exchange hours per response.......0.5 may continue. See Act of 1934, Section 17(a) of the Public Utility Holding ---------------------------- Instruction 1(b). Company Act of 1935 or Section 30(f) of the (Print or Type Responses) Investment Company Act of 1940 ________________________________________________________________________________ 1. Name and Address of Reporting Person* Millennium Entertainment Partners L.P. -------------------------------------------------------------------------------- (Last) (First) (Middle) 1995 Broadway -------------------------------------------------------------------------------- (Street) New York NY 10023 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol The Sports Club Company, Inc. (SCY) ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an entity (voluntary) ________________________________________________________________________________ 4. Statement for Month/Year July 1997 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) July 1997 ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X* 10% Owner --- --- Officer (give title below) Other (specify below) --- --- * As a member of a group. ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) Form Filed by One Reporting Person --- X Form Filed by More Than One Reporting Person --- ________________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. Title of Security Trans Trans- Securities Acquired (A) Amount of Owner- Nature of (Instr. 3) action action or Disposed of (D) Securities ship Indirect Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial Instr. 8) Owned at End Direct Owner- (Month/ ___________________________________ of Month (D) or ship Day/ Indirect (Instr. 4) Year) (A)or (Instr. 3 (I) Code V Amount (D) Price and 4) (Instr.4) ____________________________________________________________________________________________________________________________________ Common Stock (1) - - 0 - - - - ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 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 information contained in this form are not required (Over) to respond unless the form displays a currently valid SEC 1474 (3-99) OMB control number. ------------------------------------------------------------------------------------------------------------------------------------ FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Title of Conver- Trans- Trans- Number of Date Exer- Title and Amount Price Number Owner- Nature Derivative sion action action Derivative cisable and of Underlying of of ship of Security or Date Code Securities Expiration Securities Deriv- Deriv- of In- (Instr. 3) Exer- (Instr. Acquired (A) Date (Instr. 3 and 4) ative ative Deriv- direct cise (Month/ 8) or Disposed (Month/Day/ Secur- Secur- ative Bene- Price Day/ of(D) Year) ity ities Secur- ficial of Year) (Instr. 3, (Instr. Bene- ity: Owner- Deriv- 4 and 5) 5) ficially Direct ship ative ___________________________________ Owned (D) or (Instr. Secur- at End In- 4) ity Date Expi- Amount of direct Exer- ra- or Month (I) _____________________ cis- tion Title Number (Instr. (Instr. able Date of 4) 4) Code V (A) (D) Shares ____________________________________________________________________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ MILLENNIUM ENTERTAINMENT PARTNERS L.P. By: Millennium Entertainment Associates L.P. By: Millennium Entertainment Corp. By: /s/ Brian J. Collins 1/22/2001 -------------------- --------- Name: Brian J. Collins, Vice President Date **Signature of Reporting Person JOINT FILERS: Address of each Joint Filer: 1995 Broadway, NY, NY 10023 MILLENIUM PARTNERS LLC By: Millennium Partners Management LLC By: Millennium Manager I, Inc. MILLENIUM DEVELOPMENT PARTNERS L.P. By: Millennium Development Associates L.P. By: Millennium Development Corp. /s/ Brian J. Collins ------------------------------------- BRIAN J. COLLINS * In his individual capacity and in his capacity as an authorized officer of each of the Joint Filers listed above. Explanation of Responses: (1) The original filing of this Millennium Entertainment Partners L.P. Form 4 for July 1997 incorrectly reported securities of the Issuer that were also reported in the Millennium Entertainment Partners L.P. Form 3 Amendment which was filed with the Securities and Exchange Commission in July 1997. This Millennium Entertainment Partners L.P. Form 4 Amendment is hereby being filed to eliminate the duplicative reporting of the same securities of the Issuer and to reflect the indirect beneficial interest of certain entities and persons that were inadvertently omitted from the prior filing of this Form 4. ** 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 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 CONTINUATION SHEET RELATING TO FORM 4 AMENDMENT FILED BY MILLENNIUM ENTERTAINMENT PARTNERS L.P. DATED JANUARY 22, 2001 JOINT FILER INFORMATION DESIGNATED FILER: MILLENNIUM ENTERTAINMENT PARTNERS L.P. ISSUER NAME AND TICKER OR TRADING SYMBOL: The Sports Club Company, Inc. (SCY) STATEMENT FOR MONTH/YEAR: July 1997 JOINT FILERS: 1. Millennium Partners Management LLC 5. Millennium Development Associates L.P. 1995 Broadway 1995 Broadway New York, NY 10023 New York, NY 10023 2. Millennium Manager I, Inc. 6. Millennium Development Corp. 1995 Broadway 1995 Broadway New York, NY 10023 New York, NY 10023 3. Millennium Entertainment Associates L.P. 7. Christopher M. Jeffries 1995 Broadway 1995 Broadway New York, NY 10023 New York, NY 10023 4. Millennium Entertainment Corp. 1995 Broadway New York, NY 10023 The Reporting Persons listed above are filing this Form 4 Amendment jointly with Millennium Partners LLC ("Dev Co"), Millennium Entertainment Partners L.P. ("MEP LP"), Millennium Development Partners L.P. ("MDP LP") and Brian J. Collins ("BJC"). The following entities and person may be deemed to have an indirect beneficial interest in the securities of the Issuer held of record directly by Dev Co in their capacities (i) in the case of MDP LP, MEP LP and BJC because they may be deemed a group with Dev Co, (ii) in the case of Millennium Partners Management LLC ("MPM LLC"), as the manager of DevCo, (iii) in the case of Millennium Manager I, Inc. ("MMI Inc."), as the manager of MPM LLC, (iv) in the case of Millennium Entertainment Associates L.P. ("MEA LP"), as the general partner of MEP LP, (v) in the case of Millennium Entertainment Corp. ("MEC"), as the general partner of MEA LP, (vi) in the case of Millennium Development Associates L.P. ("MDA LP"), as the general partner of MDP LP, (vii) in the case of Millennium Development Corp. ("MDC"), as the general partner of MDA LP, and (viii) in the case of Christopher M. Jeffries, as the holder of (a) 70% of the outstanding shares of stock of MMI Inc., (b) 66.5% of the outstanding shares of stock of MEC and (c) 70% of the outstanding shares of stock of MDC. Each of the Reporting Persons disclaims a beneficial interest in the securities of the Issuer reported herein except to the extent of their respective pecuniary interest therein. Page 3 of 4 DESIGNATED FILER: MILLENNIUM ENTERTAINMENT PARTNERS L.P. ISSUER NAME AND TICKER OR TRADING SYMBOL: The Sports Club Company, Inc. (SCY) STATEMENT FOR MONTH/YEAR: July 1997 /s/ Brian J. Collins* --------------------------------- BRIAN J. COLLINS * In his individual capacity and in his capacity as an authorized officer of each of the following Reporting Persons and in his capacity as an attorney-in-fact with respect to Christopher M. Jeffries. MILLENNIUM PARTNERS LLC By: Millennium Partners Management LLC By: Millennium Manager I, Inc. MILLENNIUM PARTNERS MANAGEMENT LLC By: Millennium Manager I, Inc. MILLENNIUM MANAGER I, INC. MILLENNIUM ENTERTAINMENT PARTNERS L.P. By: Millennium Entertainment Associates L.P. By: Millennium Entertainment Corp. MILLENNIUM ENTERTAINMENT ASSOCIATES L.P. By: Millennium Entertainment Corp. MILLENNIUM ENTERTAINMENT CORP. MILLENNIUM DEVELOPMENT PARTNERS L.P. By: Millennium Development Associates L.P. By: Millennium Development Corp. MILLENNIUM DEVELOPMENT ASSOCIATES L.P. By: Millennium Development Corp. MILLENNIUM DEVELOPMENT CORP. CHRISTOPHER M. JEFFRIES Page 4 of 4