--------------------------- FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION ---------------------------- --------------------------- Washington, D.C. 20549 OMB APPROVAL [_] Check this box ---------------------------- if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287 to Section 16. Form 4 Expires: December 31, 2001 or Form 5 obligations Estimated average burden may continue. See Filed pursuant to Section 16(a) of the Securities Exchange hours per response.......0.5 Instruction 1(b). Act of 1934, Section 17(a) of the Public Utility Holding ---------------------------- 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* Millenium Entertainment Partners L.P. -------------------------------------------------------------------------------- (Last) (First) (Middle) -------------------------------------------------------------------------------- (Street) 1995 Broadway -------------------------------------------------------------------------------- (City) (State) (Zip) New York NY 10023 ________________________________________________________________________________ 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 October 1997 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) October 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 Transaction Transaction Securities Acquired (A) or Amount of Owner- Nature of (Instr. 3) Date Code Disposed of (D) Securities ship Indirect (Instr. 8) (Instr. 3, 4 and 5) Beneficially Form: Beneficial (Month/ Owned at End Direct Ownership Day/ _______________________________________ of Month (D) or Year) Indirect (Instr. 4) (A)or (Instr. 3 (I) Code V Amount (D) Price and 4) (Instr.4) ____________________________________________________________________________________________________________________________________ Common Stock (1) 10/29/97 P 285,100 A $8.25 I (1) ____________________________________________________________________________________________________________________________________ Common Stock (1) 10/29/97 P 23,000 A $8.50 I (1) ____________________________________________________________________________________________________________________________________ Common Stock (1) 12/10/97 P 8,500 A $8.50 978,900 I (1) ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ 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 to respond unless the form displays a currently valid OMB control number. (Over) SEC 1474 (3-99) ------------------------------------------------------------------------------------------------------------------------------------ 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 Title and Amount Price Number Owner- Nature Derivative sion action action Derivative Exercisable and of Underlying of of ship of Security or Date Code Securities Expiration Date Securities Deriv- Deriv- Form In- (Instr. 3) Exer- (Month/ (Instr. Acquired (A) (Month/Day/Year) (Instr. 3 and 4) ative ative of direct cise Day/ 8) or Disposed Secur- Secur- Deriv- Bene- Price Year of(D) ity ities ative ficial of (Instr. 3, (Instr. Bene- Secur- Owner- Deriv- 4 and 5) 5) ficially ity: ship ative __________________________________ Owned Direct (Instr. Secur- at End (D) or 4) ity Amount of In- Date Expira- or Month direct _____________________ Exer- tion Title Number (Instr. (I) cisable Date of 4) (Instr. Code V (A) (D) Shares 4) ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________ MILLENNIUM ENTERTAINMENT PARTNERS L.P. 1/22/2001 By: Millennium Entertainment Associates L.P. --------- By: Millennium Entertainment Corp. Date By: /s/Brian J. Collins ---------------------------------------- Name: Brian J. Collins, Vice President **Signature of Reporting Person JOINT FILERS: Address of Joint Filers: 1995 Broadway, NY, NY 10023 MILLENNIUM PARTNERS LLC By: Millennium Partners Management LLC By: Millennium Manager I, Inc. MILLENNIUM 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 as an authorized officer of both of the Joint Filers listed above. Explanation of Responses: (1) These securities are owned solely by Millennium Development Partners, L.P. which may be deemed a group for the purposes of Section 13(d) of the Securities Exchange Act of 1933, as amended (the "Exchange Act"), with one or more of the following entities and person: Millennium Partners LLC, Millennium Entertainment Partners L.P. and Brian J. Collins. Millennium Development Partners L.P. disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therewith, and this report shall not be deemed an admission that Millennium Development Partners L.P. is the beneficial owner of such securities for the purposes of Section 16 of the Exchange Act or for any other purpose. This amendment is being filed to reflect the indirect beneficial interests of certain entities and persons and to report additional security acquisitions, in each case, that were inadvertently omitted from the prior filing of this Form 4 and to conform the designated Reporting Person to the other filings by these same entities. **Intentional misstatements or omissions of facts constitue 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: October 1997 JOINT FILERS: 1. Millennium Partners Management LLC 5. Millennium Development 1995 Broadway Associates L.P. New York, NY 10023 1995 Broadway 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 ("DevCo"), 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 MDP LP in their capacities (i) in the case of DevCo, MEP LP and BJC, because they may be deemed a group with MDP LP, (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: October 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