U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Whitman Martin Jacob
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(Last) (First) (Middle)
767 Third Avenue, 5th Floor
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(Street)
New York, New York 10017
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Tejon Ranch Corporation (TRC)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
January 2001
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[_] Form filed by one Reporting Person
[X] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Common Stock 01/08/01 P 408,927 A 19.0000 I (1)
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Common Stock 01/22/01 P 15,700 A 20.7913 I (1)
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Common Stock 01/23/01 P 9,300 A 20.2785 I (1)
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Common Stock 01/24/01 P 5,000 A 20.2500 I (1)
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Common Stock 01/25/01 P 2,400 A 20.2321 I (1)
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Common Stock 01/25/01 P 4,798 A 20.0000 I (1)
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Common Stock 01/26/01 P 2,600 A 20.0077 I (1)
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Common Stock 01/29/01 P 13,100 A 19.8840 3,781,635 I (1)
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
(Form 4-07/99)
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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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Rights 19 01/08/01 J 3,324,608 01/08/01 01/16/01 Common 408,297 N/A 0 I (1)
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Rights 19 01/08/01 J 2,419 01/08/01 01/16/01 Common 298 N/A 0 I (2)
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Rights 19 01/08/01 X 3,324,608 01/08/01 01/16/01 Common 408,297 N/A 0 I (1)
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Rights 19 01/08/01 X 2,419 01/08/01 01/16/01 Common 298 N/A 0 I (2)
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Explanation of Responses:
(J) All shareholders were granted rights by the issuer for no consideration.
(1) The reporting person, Martin Jacob Whitman, is Chief Executive Officer
and controls a majority of the shares of the corporation that holds these
securities, EQSF Advisers, Inc. (see below). Martin Jacob Whitman disclaims
beneficial ownership of these securities with respect to the shares of the
corporation not owned by him, and this report shall not be deemed an admission
that the reporting person is the beneficial owner of such securities for
purposes of Section 16 or for any other purpose.
(2) The reporting person, Martin Jacob Whtiman, is Chief Executive officer,
Chief Investment Officer and controlling shareholder of the corporation that
holds these securities, M.J. Whitman Advisers, Inc. Martin Jacob Whitman
disclaims beneficial ownership of these securities with respect to the shares of
the corporation not owned by him, and this report shall not be deemed an
admission that the reporting person is the beneficial owner of such securities
for purposes of Section 16 or for any other purpose.
EQSF Advisers, Inc. is also a reporting person as a 10% owner and is
located at the same address as Martin Jacob Whitman.
/s/ Martin J. Whitman March 15, 2001
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**Signature of Reporting Person Date
** 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 provided is insufficient, see Instruction 6 for procedure.
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