-----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, GR2/bdJvTLkO0ao1xW82UG1LZll6r2KuTHmdcolsBl2y/mxPjJsFdlXJ59Kb9ZzL MAxfTFdw9WLU6RN+6l91IA== 0000898432-01-500205.txt : 20010711 0000898432-01-500205.hdr.sgml : 20010711 ACCESSION NUMBER: 0000898432-01-500205 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010710 GROUP MEMBERS: DORSEY R. GARDNER GROUP MEMBERS: HOLLYBANK INVESTMENTS LP/ GROUP MEMBERS: THISTLE INVESTMENT LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CELADON GROUP INC CENTRAL INDEX KEY: 0000865941 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 133361050 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-45287 FILM NUMBER: 1677840 BUSINESS ADDRESS: STREET 1: ONE CELADON DR CITY: INDIANAPOLIS STATE: IN ZIP: 46236-4207 BUSINESS PHONE: 2129774447 MAIL ADDRESS: STREET 1: ONE CELADON DRIVE CITY: INDIIANAPOLIS STATE: IN ZIP: 46236-4207 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOLLYBANK INVESTMENTS LP/ CENTRAL INDEX KEY: 0000934299 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 043215509 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: KELSO INVESTMENT CO INC STREET 2: ONE INTERNATIONAL PLACE STE 2401 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6173105110 MAIL ADDRESS: STREET 1: KELSO INVESTMENT CO INC STREET 2: ONE INTERNATIONAL PLACE STE 2401 CITY: BOSTON STATE: MA ZIP: 02111 FORMER COMPANY: FORMER CONFORMED NAME: DOT HILL SYSTEMS CORP/NY DATE OF NAME CHANGE: 19990910 FORMER COMPANY: FORMER CONFORMED NAME: HOLLYBANK INVESTMENTS LP DATE OF NAME CHANGE: 19941219 SC 13G/A 1 h447234.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (RULE 13D-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-L(B), (C) AND (D) AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2 (AMENDMENT NO. 2)* CELADON GROUP, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $0.033 PER SHARE (Title of Class of Securities) 150838100 (CUSIP Number) JULY 2, 2001 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-l(b) /X/ Rule 13d-l(c) / / Rule 13d-l(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 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). SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 2 OF 10 PAGES - --------------------------- ---------------------- - ------------------------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Hollybank Investment, L.P. - ------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ / (b)/X/ - ------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 ------------------------------------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING 0 ------------------------------------------------------------------------------ PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - ------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% (See Note 1) - ------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Note 1 - This Percentage is based on 7,539,642 shares of Common Stock outstanding as of April 10, 2001. SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 3 OF 10 PAGES - --------------------------- ---------------------- - ------------------------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 SS. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Thistle Investment LLC - ------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ / (b)/X/ - --------- --------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------- --------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 ------------------------------------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING 0 ------------------------------------------------------------------------------ PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - ------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% (See Note 1) - ------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Note 1 - This Percentage is based on 7,539,642 shares of Common Stock outstanding as of April 10, 2001. SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 4 OF 10 PAGES - --------------------------- ---------------------- - ------------------------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 SS. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Gattonside Investment LLC - ------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ / (b)/X/ - ------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------- --------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 ------------------------------------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING 0 ------------------------------------------------------------------------------ PERSON WITH 7 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - ------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% (See Note 1) - ------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Note 1 - This Percentage is based on 7,539,642 shares of Common Stock outstanding as of April 10, 2001. SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 5 OF 10 PAGES - --------------------------- ---------------------- - ------------------------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 SS. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON Dorsey R. Gardner - ------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ / (b)/X/ - ------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------- --------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A - ------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 145,227 **Please refer to Item 4, Page 7 for disclaimer of beneficial ownership ------------------------------------------------------------------------------ BENEFICIALLY OWNED BY 6 SHARED VOTING POWER EACH REPORTING 0 ------------------------------------------------------------------------------ PERSON WITH 7 SOLE DISPOSITIVE POWER 145,227 **Please refer to Item 4, Page 7 for disclaimer of beneficial ownership ------------------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 145,227 **Please refer to Item 4, Page 7 for disclaimer of beneficial ownership - ------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES /X/ - ------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.93% (See Note 1) **Please refer to Item 4, Page 7 for disclaimer of beneficial ownership - ------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Note 1 - This Percentage is based on 7,539,642 shares of Common Stock outstanding as of April 10, 2001.
SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 6 OF 10 PAGES - --------------------------- ---------------------- ITEM 1(A). NAME OF ISSUER: Celadon Group, Inc., a Delaware Corporation (the "Company"). ITEM I(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: One Celadon Drive, Indianapolis, IN 46235. ITEM 2(A). NAME OF PERSON FILING: The Persons filing this statement are Hollybank Investment, L.P., a Delaware limited partnership ("LP"), Thistle Investment LLC, a Delaware limited liability company ("LLC"), Gattonside Investment LLC, a Delaware limited liability company ("Gattonside Investment") and Dorsey R. Gardner, a general partner of LP and managing member of LLC ("Gardner"). Gardner is manager of Gattonside Management LLC ("Gattonside Management"), which serves as manager to Gattonside Investment. ITEM 2(B). ADDRESS OF PRINCIPAL OFFICES OR, IF NONE, RESIDENCE: The business address of Gardner, LP, LLC and Gattonside Investment is c/o Kelso Management Company, Inc., One International Place, Suite 2401, Boston, Massachusetts 02110. ITEM 2(C). CITIZENSHIP: Hollybank Investment, L.P. - Delaware Thistle Investment LLC - Delaware Gattonside Investment LLC - Delaware Dorsey R. Gardner - U.S.A. ITEM 2(D). TITLE OF CLASS OF SECURITIES: The title of the class of equity securities to which this statement relates is the shares of Common Stock, par value $0.033 per share (the "Shares"), of the Company. ITEM 2(E). CUSIP NUMBER: 150838100 SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 7 OF 10 PAGES - --------------------------- ---------------------- ITEM 3. IF THE STATEMENT IS BEING FILED PURSUANT TO RULE 13D-L(B), OR 13D-2(B) OR (C), CHECK WHETHER THE FILING PERSON IS A: (a)/ / Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); (b)/ / Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c)/ / Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d)/ / Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e)/ / An investment adviser in accordance with l3d-l(b)(I)(ii)(E); (f)/ / An employee benefit plan or endowment fund in accordance with 13d-1 (b)(1)(ii)(F); (g)/ / A parent holding company or control person in accordance with 13d-l(b)(1)(ii)(G); (h)/ / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); (i)/ / A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j)/ / Group, in accordance with l3d-l(b)(l)(ii)(J). If this statement is filed pursuant to 13d-1(c), check this box. /X/ ITEM 4. OWNERSHIP: The information in Items 5-11 on the cover pages (pages 2 through 4) of this Schedule 13G is incorporated by reference. As of the date of this statement, LP, LLC and Gattonside has made a distribution of all of its respective holdings of Shares and thus are no longer beneficial owners of any Shares. Gardner, as a general partner of LP, managing member of LLC and Gattonside Management, which serves as manager of Gattonside Investment, may be deemed to beneficially own Shares beneficially owned by LP, LLC and Gattonside Investment, respectively. Except to the extent of his interests as a limited partner in LP, a member of LLC or Gattonside Investment, Gardner expressly disclaims such beneficial ownership and the filing of this statement shall not be construed as an admission that Gardner is the beneficial owner of the Shares owned by LP, LLC or Gattonside Investment and covered by this statement. SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 8 OF 10 PAGES - --------------------------- ---------------------- 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 had ceased to be the beneficial owner of more than five percent of the class of securities, check the following /X/ 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. Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. A Notice of Dissolution of the Group is filed herewith as Exhibit 99.2. Any further filings with respect to transactions in Shares of the Company will be filed, if required, by members of the group, in their individual capacity. ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 9 OF 10 PAGES - --------------------------- ---------------------- 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. Dated: July 9, 2001 HOLLYBANK INVESTMENT, L.P. By: /s/ DORSEY R. GARDNER ---------------------------- General Partner THISTLE INVESTMENT LLC By:/s/ DORSEY R. GARDNER ---------------------------- Managing Member GATTONSIDE INVESTMENT LLC By:/s/ DORSEY R. GARDNER ----------------------------- Manager of Gattonside Management LLC, the manager of Gattonside Investment LLC DORSEY R. GARDNER /s/ DORSEY R. GARDNER ------------------------------ Dorsey R. Gardner The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. ATTENTION. INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). SCHEDULE 13G - --------------------------- ---------------------- CUSIP NO. 150838100 PAGE 10 OF 10 PAGES - --------------------------- ---------------------- EXHIBIT INDEX 99.1 Joint Filing Agreement. Incorporated herein by reference to Exhibit 99.1 to Amendment No. 1 of Schedule 13G filed electronically with the Securities and Exchange Commission on February 14, 2001 (Accession No. 0000898432-01-000144). 99.2 Notice of Dissolution. Filed herewith. EXHIBIT 99.2 NOTICE OF DISSOLUTION As of the date below, the undersigned hereby give notice of its dissolution as a group for purposes of filing only one statement containing the information required by Schedule 13G (or any amendment thereof) pursuant to Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended, with respect to the beneficial ownership of any equity securities of Celadon Group, Inc. The undersigned agree that all further filings required by Schedule 13G with respect to transactions in the equity securities of Celadon Group, Inc. will be filed, if required, by members of the group, in their individual capacity. Dated: July 9, 2001 HOLLYBANK INVESTMENT, L.P. DORSEY R. GARDNER By: /s/ DORSEY R. GARDNER BY: /s/ DORSEY R. GARDNER --------------------------- --------------------------- General Partner Dorsey R. Gardner THISTLE INVESTMENT L.L.C. GATTONSIDE INVESTMENT LLC By: /s/ DORSEY R. GARDNER By: /s/ DORSEY R. GARDNER ---------------------------- ---------------------------- Managing Member Manager of Gattonside Management LLC, the manager of Gattonside Investment LLC -----END PRIVACY-ENHANCED MESSAGE-----