UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
LAS VEGAS SANDS CORP.
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(Name of Issuer)
COMMON STOCK, $0.001 PAR VALUE
------------------------------
(Title of Class of Securities)
517834107
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(CUSIP Number)
DECEMBER 31, 2004
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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).
**The total number of shares reported herein is 308,909,355 shares which
constitutes approximately 87% of the total number of shares outstanding. All
ownership percentages set forth herein assume that there are 354,160,692 shares
outstanding. All share amounts set forth herein represent holdings as of
December 31, 2004.
CUSIP No. 517834107 Schedule 13G Page 2
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1. Name of Reporting Person:
Sheldon G. Adelson
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2. Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [X]
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3. SEC Use Only
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4. Citizenship or Place of Organization:
United States
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5. Sole Voting Power: 229,600,202
Number of
shares -------------------------------------------------
Beneficially 6. Shared Voting Power: -0-
Owned By
Each -------------------------------------------------
Reporting 7. Sole Dispositive Power: 267,888,168
Person
With -------------------------------------------------
8. Shared Dispositive Power: -0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
267,888,168
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain shares:
[_]
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11. Percent of Class Represented by Amount in Row (9):
75.6%
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12. Type of Reporting Person:
IN
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CUSIP No. 517834107 Schedule 13G Page 3
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1. Name of Reporting Person:
Miriam Adelson
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2. Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [X]
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3. SEC Use Only
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4. Citizenship or Place of Organization:
United States / Israel
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5. Sole Voting Power: -0-
Number of
shares -------------------------------------------------
Beneficially 6. Shared Voting Power: 40,356,105
Owned By
Each -------------------------------------------------
Reporting 7. Sole Dispositive Power: -0-
Person
With -------------------------------------------------
8. Shared Dispositive Power: 40,356,105
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
40,356,105
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain shares:
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9):
11.4%
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12. Type of Reporting Person:
IN
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CUSIP No. 517834107 Schedule 13G Page 4
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1. Name of Reporting Person:
Charles D. Forman
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2. Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [X]
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3. SEC Use Only
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4. Citizenship or Place of Organization:
United States
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5. Sole Voting Power: 38,953,048
Number of
shares -------------------------------------------------
Beneficially 6. Shared Voting Power: 40,356,105
Owned By
Each -------------------------------------------------
Reporting 7. Sole Dispositive Power: 665,082
Person
With -------------------------------------------------
8. Shared Dispositive Power: 40,356,105
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
79,309,153
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain shares:
[_]
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11. Percent of Class Represented by Amount in Row (9):
22.4%
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12. Type of Reporting Person:
IN
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CUSIP No. 517834107 Schedule 13G Page 5
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1. Name of Reporting Person:
Sheldon G. Adelson 2002 Four Year LVSI Annuity Trust
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2. Check the Appropriate Box if a Member of a Group:
(a) [_]
(b) [X]
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3. SEC Use Only
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4. Citizenship or Place of Organization:
Nevada
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5. Sole Voting Power: 30,408,076
Number of
shares -------------------------------------------------
Beneficially 6. Shared Voting Power: -0-
Owned By
Each -------------------------------------------------
Reporting 7. Sole Dispositive Power: 30,408,076
Person
With -------------------------------------------------
8. Shared Dispositive Power: -0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
30,408,076
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain shares:
[_]
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11. Percent of Class Represented by Amount in Row (9):
8.6%
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12. Type of Reporting Person:
OO
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CUSIP No. 517834107 Schedule 13G Page 6
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Item 1(a). NAME OF ISSUER:
Las Vegas Sands Corp. (the "COMPANY").
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3355 Las Vegas Boulevard South
Las Vegas, Nevada 89109
Item 2(a). NAME OF PERSONS FILING:
(i) Sheldon G. Adelson ("MR. ADELSON");
(ii) Dr. Miriam Adelson ("DR. MIRIAM ADELSON");
(iii) Charles D. Forman ("MR. FORMAN");
(iv) Sheldon G. Adelson 2002 Four Year LVSI Annuity Trust
(the "2002 ANNUITY TRUST" and collectively with the
persons listed in (i) through (iii) above, the
"REPORTING PERSONS").
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The address of the principal offices of (i) Mr. Adelson,
(ii) Dr. Miriam Adelson and (iii) the 2002 Annuity Trust is:
c/o Las Vegas Sands Corp.
3355 Las Vegas Boulevard South
Las Vegas, Nevada 89109
The address of the principal business office of Mr. Forman is:
300 First Avenue
Needham, Massachusetts 02494
Item 2(c). CITIZENSHIP:
See item 4 of each Reporting Person's cover page.
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $0.001 par value per share, of the Company (the
"COMMON STOCK").
Item 2(e). CUSIP NUMBER:
517834107
Item 3. Not Applicable.
CUSIP No. 517834107 Schedule 13G Page 7
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Item 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED:
Incorporated by reference from item 9 of the cover page of
each Reporting Person.
(b) PERCENT OF CLASS:
Incorporated by reference from item 11 of the cover page of
each Reporting Person.
(c) NUMBER OF SHARES TO WHICH EACH REPORTING PERSON HAS:
Incorporated by reference from items 5-8 of the cover page of
each Reporting Person.
Mr. Adelson directly owns 229,600,202 shares of Common
Stock.
Prior to the initial public offering of Las Vegas Sands
Corp. ("LVSC"), Sheldon G. Adelson granted options to
purchase shares of common stock of Las Vegas Sands,
Inc. ("LVSI") to various employees under the 1997 Fixed
Stock Option Plan (the "PLAN"). Following the initial
public offering, such options automatically became
exercisable for shares of common stock of LVSC. On
January 11, 2005, an employee exercised a stock option
granted to him under the Plan and Mr. Adelson delivered
931,115 shares of common stock to the employee in
accordance with the terms of the stock option. All
shares reported herein are as of December 31, 2004 and
do not reflect the delivery of 931,115 shares on
January 11, 2005.
Mr. Forman directly owns 665,082 shares of Common
Stock.
The 2002 Annuity Trust directly owns 30,408,076 shares
of Common Stock.
Mr. Adelson and Mr. Forman are co-trustees of the 2002
Annuity Trust and the Sheldon G. Adelson 2004 Two Year
LVSI Annuity Trust (the "ANNUITY TRUSTS"). As trustees,
Mr. Adelson has sole dispositive power and Mr. Forman
has sole voting power over the 38,287,966 shares of
Common Stock owned by the Annuity Trusts. Mr. Forman
disclaims beneficial ownership of the Common Stock
owned by the Annuity Trusts.
Dr. Miriam Adelson and Mr. Forman are co-trustees of
the Sheldon G. Adelson 2002 Remainder Trust (the
"REMAINDER TRUST") and four separate Adelson family
trusts established under the trust document for the
Remainder Trust. The four trusts directly own
40,356,105 shares of Common Stock. Dr. Miriam Adelson
and Mr. Forman share voting and dispositive power over
such shares of Common Stock as co-trustees of such
trusts. Mr. Forman disclaims beneficial ownership of
the Common Stock owned by such trusts.
CUSIP No. 517834107 Schedule 13G Page 8
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Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable.
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not Applicable.
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED BY THE PARENT HOLDING
COMPANY.
Not Applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
The Reporting Persons listed on Exhibit 2 could be deemed to
be members of a group. However, the Reporting Persons disclaim
membership in a group.
[SCHEDULE 13G FOR SHELDON G. ADELSON 2002 FOUR YEAR LVSI ANNUITY TRUST,
SHELDON G. ADELSON, MIRIAM ADELSON AND CHARLES D. FORMAN]
Item 9. NOTICE OF DISSOLUTION OF A GROUP.
Not Applicable.
Item 10. CERTIFICATION.
Not Applicable.
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 11, 2005
SHELDON G. ADELSON 2002 FOUR YEAR
LVSI ANNUITY TRUST
By: /s/ Sheldon G. Adelson
--------------------------------
Sheldon G. Adelson, Trustee
By: /s/ Charles D. Forman
--------------------------------
Charles D. Forman, Trustee
/s/ Dr. Miriam Adelson /s/ Charles D. Forman
------------------------------------ -------------------------------------
Dr. Miriam Adelson Charles D. Forman
/s/ Sheldon G. Adelson
------------------------------------
Sheldon G. Adelson