UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Report Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) July 2, 2002 -------------- Shelbourne Properties I, Inc. ------------------------------------------------------- (Exact name of Registrant as specified in its charter) Delaware 0-16345 04-3502384 --------------- ------------ ------------------- (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) incorporation) c/o First Winthrop Corporation, 7 Bulfinch Place, Suite 500, Boston, MA 02114 ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (212) 319-3400 ----------------------- ------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events The press release attached hereto as Exhibit 99.1 is incorporated herein by reference. Item 7. Financial Statements and Exhibits (c) Exhibits 2.1 Stock Purchase Agreement 10.1 Settlement Agreement 99.1 Joint press release issued by Shelbourne Properties I, Inc., Shelbourne Properties II, Inc. and Shelbourne Properties III, Inc. on July 2, 2002. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SHELBOURNE PROPERTIES I, INC. Date: July 2, 2002 By: /s/ Richard J. McCready ------------------------------ Name: Richard J. McCready Title: Secretary EXHIBIT INDEX ------------- Exhibit No. Description -------- -------------- 2.1 Stock Purchase Agreement 10.1 Settlement Agreement 99.1 Joint press release issued by Shelbourne Properties I, Inc., Shelbourne Properties II, Inc. and Shelbourne Properties III, Inc. on July 2, 2002.