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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GVI Holdings, Inc.

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
AMERICAN COMMERCIAL LINES INC. [ACLI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock 03/20/2009 J(7)(8)  27,762 A$ 0 1,762,146 D (1)  
Common Stock         1,375,000 D (2)  
Common Stock         1,573,130 D (3)  
Common Stock         5,317,084 D (4)  
Common Stock         139,530 D (5)  
Common Stock         2,771,018 D (6)  

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
GVI Holdings, Inc.

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
GAMI INVESTMENTS INC

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
GREAT AMERICAN MANAGEMENT & INVESTMENT INC

(Last)(First)(Middle)
2 N RIVERSIDE PLAZA, STE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
HY I Investments, L.L.C.

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
EGI-Managing Member (01), L.L.C.

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
EGI-Fund (05-07) Investors, L.L.C.

(Last)(First)(Middle)
2 NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
SZ INVESTMENTS LLC

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
CHAI TRUST CO LLC

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
1. Name and Address of Reporting Person*
EGI-Fund (08-10) Investors, L.L.C.

(Last)(First)(Middle)
TWO NORTH RIVERSIDE PLAZA, SUITE 600

(Street)
CHICAGOIL60606

(City)(State)(Zip)
Explanation of Responses:
1. These shares are owned by HY I Investments, L.L.C. ("HYI"), the managing member of which is EGI-Managing Member (01), L.L.C. ("MM 01"). The managing member of MM 01 is SZ Investments, L.L.C. ("SZI"). SZI is indirectly owned by trusts established for the benefit of Samuel Zell and members of his family (the "Trusts"). The Trustee of the Trusts is Chai Trust Company, LLC ("Chai"), of which Samuel Zell is neither an officer nor a director, and thus he disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
2. These shares are owned by EGI-Fund (08-10) Investors, L.L.C., the managing member of which is SZ I.
3. These shares are owned by EGI-Fund (05-07) Investors, L.L.C., the managing member of which is SZI.
4. These shares are owned by GVI Holdings, Inc. ("GVI"), which is indirectly owned by the Trusts and Samuel Zell Revocable Trust, a trust established for the benefit of Samuel Zell ("SZRT"). Samuel Zell is the trustee of SZRT; he disclaims beneficial ownership of the shares beneficially owned by GVI, except to the extent of his pecuinary interest therein.
5. These shares are owned by GAMI Investments, Inc. ("GAMI"), which is indirectly owned by the Trusts and SZRT. Samuel Zell is the trustee of SZRT; he disclaims beneficial ownership of the shares beneficially owned by GAMI, except to the extent of his pecuinary interest therein.
6. These shares are owned by SZI.
7. HYI was a holder of both Senior Notes and Subordinated Notes of the Issuer's predecessor (the "Predecessor") at the time of the effectiveness of the Predecessor's plan of reorganization (the "Plan") under Chapter 11 of the U.S. Bankruptcy Code on December 30, 2004. Under the Plan, certain shares of Common Stock otherwise issuable to holders of Senior Notes were retained by the Issuer (the "Holdback Shares") to be delivered to the holders of Subordinated Notes upon exercise of warrants granted to them (the "Warrants") with an expiration date of January 12, 2009. FN7 cont'd - refer to FN8.
8. Any Holdback Shares remaining as a result of the expiration of unexercised Warrants were to be delivered to the holders of the Senior Notes pro rata based on their respective holdings of Senior Notes. On March 20, 2009, HYI was informed by the Issuer that it had determined that, as a former holder of Senior Notes of the Predecessor, HYI will receive 27,762 shares of Common Stock from the Issuer, for no additional consideration, as a result of the expiration of the unexercised Plan Warrants and the distribution of the remaining Holdback Shares.
 
Remarks:
Additional signatures are described on an exhibit to this Form 4.
Philip G. Tinkler, Vice President of each of the Reporting Persons excluding Chai Trust Company, LLC03/24/2009
James G. Bunegar, Vice President of Chai Trust Company, LLC03/24/2009
** Signature of Reporting PersonDate
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).
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

EX-99

Form 4 Joint Filer Information
 

Name: GVI Holdings, Inc.
Name: GAMI Investments, Inc.
Name: Great American Management & Investment, Inc.
Name: HY I Investments, L.L.C.
Name: EGI-Managing Member (01), L.L.C.

Name: EGI-Fund (05-07) Investors, L.L.C.

Name: EGI-Fund (08-10) Investors, L.L.C.

Name: SZ Investments, L.L.C.
Name: Chai Trust Company, LLC
 
Address for each:
 
Two North Riverside Plaza, Suite 600
Chicago, Illinois 60606
 
Designated Filer:
 

GVI Holdings, Inc.
 
Issuer and Ticker Symbol:
 

American Commercial Lines Inc. (ACLI)
 
Date of Event Requiring Statement:
 

March 20, 2009
 

GVI HOLDINGS, INC.
GAMI INVESTMENTS, INC.
GREAT AMERICAN MANAGEMENT & INVESTMENT, INC.
HY I INVESTMENTS, L.L.C.
EGI-MANAGING MEMBER (01), L.L.C.
EGI-FUND (05-07) INVESTORS
, L.L.C.

EGI-FUND (08-10) INVESTORS, L.L.C.
SZ INVESTMENTS
, L.L.C.

Each by: /s/ PHILIP G. TINKLER
-------------------------------------
Name: Philip G. Tinkler
Title: Vice President
 
CHAI TRUST COMPANY, LLC
 
By: /s/ JAMES G. BUNEGAR
-------------------------------------
Name: James G. Bunegar

Title: Vice President


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