-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RdVzNN+4yIh83veerhCQjgX8dTwkmIOZsz43qQDGpJhgONg39PIStsvTSocHwLLf IQx45wq1g0xPPx3giFTLKg== 0001005477-98-001206.txt : 19980414 0001005477-98-001206.hdr.sgml : 19980414 ACCESSION NUMBER: 0001005477-98-001206 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980413 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPAN AMERICA MEDICAL SYSTEMS INC CENTRAL INDEX KEY: 0000718924 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 570525804 STATE OF INCORPORATION: SC FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-37196 FILM NUMBER: 98592176 BUSINESS ADDRESS: STREET 1: 70 COMMERCE DR STREET 2: P O BOX 5231 CITY: GREENVILLE STATE: SC ZIP: 29615 BUSINESS PHONE: 8032888877 MAIL ADDRESS: STREET 1: PO BOX 5231 STREET 2: PO BOX 5231 CITY: GREENVILLE STATE: SC ZIP: 29606 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SANTA MONICA PARTNERS LP CENTRAL INDEX KEY: 0000904793 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133100474 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1865 PALMER AVENUE CITY: LARCHMONT STATE: NY ZIP: 10538 BUSINESS PHONE: 9148330875 MAIL ADDRESS: STREET 1: 1865 PALMER AVENUE CITY: LARCHMONT STATE: NY ZIP: 10538 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (Amendment No.1) SPAN-AMERICA MEDICAL SYSTEMS, INC. ---------------------------------------------------- (Name of Issuer) Common Stock, No Par Value ---------------------------------------------------- (Title of Class of Securities) 846396109000 ---------------------------------------------------- (CUSIP Number) Lawrence J. Goldstein, Santa Monica Partners L.P. 1865 Palmer Avenue, Larchmont, New York, 10538 (914) 833-0875 ---------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 3/25/98 ---------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|. (1) 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 disclosures provided in a prior cover page. The information required on 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). CUSIP No. 846396109000 - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Santa Monica Partners, L.P. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group a. |_| b. |_| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Source of Funds WC - -------------------------------------------------------------------------------- 5 Check Box If Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) |_| - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- 7 Sole Voting Power Number of Shares 147,510 Beneficially -------------------------------------------------------- Owned By 8 Shared Voting Power Each Reporting 0 Person -------------------------------------------------------- With 9 Sole Dispositive Power 147,510 -------------------------------------------------------- 10 Shared Dispositive Power 0 -------------------------------------------------------- - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 147,510 - -------------------------------------------------------------------------------- 12 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares |_| - -------------------------------------------------------------------------------- 13 Percent of Class Represented By Amount in Row (11) 5.2% - -------------------------------------------------------------------------------- 14 Type of Reporting Person PN - -------------------------------------------------------------------------------- SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Security and Issuer. Common Stock, no par value, of Span-America Medical Systems, Inc., which has its principal executive offices at 70 Commerce Center, Greenville, South Carolina 29615. Item 2. Identity and Background. Santa Monica Partners, L.P. ("Santa Monica"). Santa Monica is organized under the laws of New York, its principal business is investments, and the address of its principal place of business and principal office is 1865 Palmer Avenue, Larchmont, New York 10538. Santa Monica has not during the last five years been convicted in a criminal proceeding and was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. The following information is provided as to the sole General Partner of Santa Monica: (a) Lawrence J. Goldstein (b) 1865 Palmer Avenue, Larchmont, N.Y. 10538 (c) General Partner, Santa Monica Partners, Inc., 1865 Palmer Avenue, Larchmont, N.Y. 10538 Page 3 of 6 Pages (d) During the last five years, such person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, such person was not a party to a civil proceeding or a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibition or mandating activities subject to, Federal or State Securities laws or finding any violation with respect to such laws. (f) U.S. Citizenship Item 3. Source and Amount of Funds or Other Consideration. Between January 30, 1998 and April 1, 1998, Santa Monica acquired 147,510 shares for an aggregate purchase price of $1,083,532.50. The source of all funds for such purchases was working capital of Santa Monica. Item 4. Purpose of Transaction. The purpose of Santa Monica's acquisition is to hold the shares for investment purposes. Santa Monica may from time to time purchase additional shares. Item 5. Interest in Securities of the Issuer. (a) 147,510 shares, constituting 5.1% of the outstanding common stock of the issuer. Page 4 of 6 Pages (b) Items 7, 8, 9 and 10 of the second part of the cover page are hereby incorporated by reference. (c) Between January 30 and April 11, 1998 Santa Monica made the following purchases in the open market Date of Transaction (1998) Number of Shares Price per Share - ---------------------------- ---------------- --------------- January 30, 1998 75,000 $7.185 February 4, 1998 7,500 $7.560 February 24, 1998 6,000 $7.063 March 2, 1998 5,000 $7.123 March 3, 1998 5,800 $7.248 March 24, 1998 38,610 $7.700 March 25, 1998 6,190 $7.3125 April 1, 1998 3,500 $7.4375 Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Neither Santa Monica nor Mr. Goldstein has any contract, arrangement, understanding or relationship with any other person with respect to any securities of the issuer, including, but not limited to the transfer or voting of any such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees or profits, loans division of profits or loss or the giving or withholding of proxies. Page 5 of 6 Pages Item 7. Material to be Filed as Exhibits. None. 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. Date: April 2, 1998 /s/ Lawrence J. Goldstein ---------------------------------- Lawrence J. Goldstein General Partner SANTA MONICA PARTNERS, L.P. Page 6 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----