SEC Form 4
FORM 4 UNITED 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)
CHICAGO IL 60606

(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)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/16/2007
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
X Form 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)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 11/16/2007 P 30,139 A $13.91 325,824 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 3,446 A $13.92 329,270 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 7,800 A $13.93 337,070 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 6,720 A $13.94 343,790 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 21,184 A $13.95 364,974 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 13,882 A $13.96 378,856 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 4,229 A $13.97 383,085 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 14,400 A $13.98 397,485 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 52,309 A $13.99 449,794 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 34,848 A $14 484,642 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 1,200 A $14.02 485,842 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 2,158 A $14.03 488,000 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 3,104 A $14.04 491,104 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 7,296 A $14.05 498,400 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 1,200 A $14.06 499,600 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 2,000 A $14.08 501,600 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 3,200 A $14.09 504,800 D ( 1 )
Common Stock, par value $0.01 11/16/2007 P 600 A $14.1 505,400 D ( 1 )
Common Stock, par value $0.01 1,573,130 D ( 1 )
Common Stock, par value $0.01 5,317,084 D ( 2 )
Common Stock, par value $0.01 1,174,712 D ( 3 )
Common Stock, par value $0.01 139,530 D ( 4 )
Common Stock, par value $0.01 2,771,018 D ( 5 )
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 Security 3. 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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
GVI Holdings, Inc.

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

(Street)
CHICAGO IL 60606

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

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

(Street)
CHICAGO IL 60606

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

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

(Street)
CHICAGO IL 60606

(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)
CHICAGO IL 60606

(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)
CHICAGO IL 60606

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

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

(Street)
CHICAGO IL 60606

(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)
CHICAGO IL 60606

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

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

(Street)
CHICAGO IL 60606

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

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

(Street)
CHICAGO IL 60606

(City) (State) (Zip)
Explanation of Responses:
1. These shares are owned by EGI-Fund (08-10) Investors, L.L.C., the managing member of which 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 "Trust"). The Trustee of the Trusts is Chai Trust Company, LLC ("Chai"), of which Samuel Zell is neither an officer nor a director.
2. These shares are owned by EGI-Fund (05-07) Investors, L.L.C., the managing member of which is SZI.
3. 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.
4. These shares are owned by HY Investments, L.L.C., the managing member of which is EGI-Managing Member (01), L.L.C. ("MM01"). The managing member of MM01 is SZI.
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.
Remarks:
This is the second of two Form 4s.
Philip G. Tinkler, Vice President of each of the Reporting Persons excluding Chai Trust Company, LLC 11/19/2007
James G. Bunger, Vice President of Chai Trust Company, LLC 11/19/2007
** Signature of Reporting Person Date
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).
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