Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549 

SCHEDULE 13G 
Under the Securities Exchange Act of 1934
(Amendment No. 4)* 

Life Time Fitness, Inc.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)

53217R 20 7
(CUSIP Number)

October 9, 2008
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
     o Rule 13d-1(b)
     o Rule 13d-1(c)
     þ 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 the disclosures provided in a prior cover page.
 
The information required in 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).
 
 
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. 
SEC 1745 (1-06)
 
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CUSIP No.       53217R 20 7 
13G
  
 
 
 
 
1
    
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
 
Bahram Akradi
 
 
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
Not Applicable
 
(a)   o
    
(b)   o
3
 
SEC USE ONLY
   
    
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
      
United States
 
5
 
SOLE VOTING POWER
 
 
 
NUMBER OF
   
2,872,351
SHARES
6
 
SHARED VOTING POWER
BENEFICIALLY
 
 
OWNED BY
    
0
EACH
7
 
SOLE DISPOSITIVE POWER
REPORTING
 
 
PERSON
   
2,872,351
WITH:
8
 
SHARED DISPOSITIVE POWER
 
 
 
   
     
0
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
   
2,872,351
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
 
 
Not Applicable
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 
7.3%
12
 
TYPE OF REPORTING PERSON*
 
 
   
IN
 
Page 2 of 5
 
Item 1. 
 
 
 
 
 
(a) Name of Issuer
 
 
      Life Time Fitness, Inc.
 
 
 
 
 
(b) Address of Issuer’s Principal Executive Offices
 
 
      2902 Corporate Place
 
 
      Chanhassen, MN 55317
 
Item 2. 
 
 
 
 
 
(a) Name of Person Filing
 
 
      Bahram Akradi
 
 
 
 
 
(b) Address of Principal Business Office or, if none, Residence
 
 
     2902 Corporate Place
 
 
     Chanhassen, MN 55317
 
 
 
 
 
(c) Citizenship
 
 
      United States
 
 
 
 
 
(d) Title of Class of Securities
 
 
      Common Stock
 
 
 
 
 
(e) CUSIP Number
 
 
     53217R 20 7
 
Item 3.   If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
     
   
Not Applicable
     
Item 4.   Ownership
     
   
(a) Amount Beneficially Owned
   
     2,872,351
 
 
 
 
 
(b) Percent of Class
 
 
      7.3%
 
 
 
 
 
(c) Number of shares as to which such person has:
 
 
 
 
 
          (i) Sole power to vote or to direct the vote
 
 
               2,872,351
 
 
 
 
 
          (ii) Shared power to vote or to direct the vote
 
 
               0
 
 
 
 
 
          (iii) Sole power to dispose or to direct the disposition of
 
 
                2,872,351

Page 3 of 5

 
 
 
 
 
          (iv) Shared power to dispose or to direct the disposition of
 
 
                0

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d3(d)(1)
 
Item 5. Ownership of Five Percent or Less of a Class 
 
              If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
 
Instruction. Dissolution of a group requires a response to this item.
 
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 on By the Parent Holding Company or Control Person.
 
 
 
 
 
Not Applicable
 
 
 

Item 8. 
 
Identification and Classification of Members of the Group
 
 
 
 
 
Not Applicable

Item 9. 
 
Notice of Dissolution of Group
 
 
 
 
 
Not Applicable
     
Item 10. 
  
Certification
     
   
Not Applicable
 
 
Page 4 of 5
   
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.
 
 
 
 
 
October  20, 2008
 
 
Date
 
 
/s/ Bahram Akradi
 
 
Signature
 
 
Bahram Akradi
 
 
Name/Title
 

 
     Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) 

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