FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL / / Check box if no longer subject Washington, D.C. 20549 OMB Number 3235-0287 to Section 16. Form 4 or Expires: January 31, 2005 Form 5 obligations may STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden continue. See Instruction 1(b). hours per response ... 0.5 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 ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer (Check all applicable) TRUMP DONALD J. Trump Hotels & Casino Resorts, Inc. (NYSE: DJT) --------------------------------------------------------------------------------------- X Director X 10% Owner (Last) (First) (Middle) 3. I.R.S. or Social 4. Statement for --- --- Security Number of Month/Day/Year X Officer (give Other (specify 725 Fifth Avenue Reporting Person --- title below) --- below) (Voluntary) Chairman, Pres. & CEO ---------------------------------------- March 25, 2003 (Street) ---------------------------------------------------------------- 5. If Amendment, 7. Individual or Joint/Group Filing (Check New York NY 10022 Date of Original Applicable Line) ---------------------------------------- (Month/Day/Year) X (City) (State) (Zip) --- Form filed by One Reporting Person Form filed by More than One --- Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ Table I-- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Transaction 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of (Instr. 3) Date (Month/ action or Disposed of (D) Securities ship Indirect Day/Year) Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial (Instr. 8) (Instr. 8) Owned Direct Owner- -------------------------------------------- (Instr. 3 (D) or ship and 4) Indirect Code V Amount (A) or Price (I) (D) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ * 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. (Over) (Print or Type Responses) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------------------------------------ 1.Title of 2.Conver- 3.Transac- 4.Transac- 5.Number of 6.Date Exer- 7.Title and 8.Price of 9.Number of 10.Ownership 11.Nature of Derivative sion or tion Date tion Code Derivative cisable and Amount of Derivative Derivative Form of Indirect Security Exercise (Instr.8) (Instr.8) Securities Expiration Underlying Security Securities Derivative Beneficial (Instr.3) Price of (Month/ Acquired Date Securities (Instr.5) Bene- Security: Ownership Deriv- Day/Year) (A) or (Month/Day/ (Instr.3 ficially Direct (D) (Instr.4) ative Disposed Year) and 4) Owned at or Indi- Security of (D) End of rect (I) (Instr.3, Month (Instr.4) 4, and 5) (Instr.4) -------------------------------------------------- Date Expira- Amount Code V (A) (D) Exer- tion Title or cisable Date Number of Shares ------------------------------------------------------------------------------------------------------------------------------------ Series A Common Preferred Stock, Stock $1.90 (2) 3/25/03 P 1,500 (3) None par value (4) (5) 1,500 D N/A (1) $0.01 per share ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: (1) The Series A Preferred Stock of Issuer has a liquidation preference of $10,000 per share and pays no dividends. A total of 1,500 shares of Series A Preferred Stock were issued to the Reporting Person. (2) The Series A Preferred Stock is not convertible by its terms. The Issuer has agreed with the Reporting Person, however, to exchange the Series A Preferred Stock for Common Stock, par value $.01 per share of the Issuer, based on a conversion price of $1.90 per share, such that each share of Series A Preferred Stock is convertible into 5,263.158 shares of Common Stock. The Issuer's obligation to exchange such Common Stock is subject to the condition that the stockholders of the Issuer first approve such exchange. (3) The Series A Preferred Stock may not be exchanged for Common Stock by the Reporting Person prior to such time as the stockholders of the Issuer approve such issuance. (4) The 1,500 shares of Series A Preferred Stock are exchangeable for an aggregate of 7,894,737 shares of Common Stock. (5) The purchase price for the Series A Preferred Stock was $15 million, which was paid by delivery to the Issuer of an equivalent value of 15-1/2% Senior Secured Notes due 2005 of Trump Hotels & Casino Resorts Holdings, L.P. owned by the Reporting Person. By: /s/ Donald J. Trump March 27, 2003 --------------------------------------- -------------- Name: Donald J. Trump Date **Signature of Reporting Person ** 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.