-----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, BC2hbMj+5NbjR0xy0KSt6PpojJk3+t27zyINh7p413tdrJsgzWoy1fna3GZgpQIH STiRVpSzmZoSHUpdHVax3Q== 0001193125-08-136625.txt : 20080619 0001193125-08-136625.hdr.sgml : 20080619 20080619152253 ACCESSION NUMBER: 0001193125-08-136625 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080619 DATE AS OF CHANGE: 20080619 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LANDAMERICA FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000877355 STANDARD INDUSTRIAL CLASSIFICATION: TITLE INSURANCE [6361] IRS NUMBER: 541589611 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42082 FILM NUMBER: 08907727 BUSINESS ADDRESS: STREET 1: 5600 COX ROAD CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 8042678000 MAIL ADDRESS: STREET 1: PO BOX 27567 CITY: RICHMOND STATE: VA ZIP: 23261 FORMER COMPANY: FORMER CONFORMED NAME: LAWYERS TITLE CORP DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARKEL CORP CENTRAL INDEX KEY: 0001096343 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 541959284 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 4521 HIGHWOODS PARKWAY CITY: GLEN ALLEN STATE: VA ZIP: 23060-3382 BUSINESS PHONE: 8047470136 MAIL ADDRESS: STREET 1: 4551 COX RD CITY: GLEN ALLEN STATE: VA ZIP: 23060 FORMER COMPANY: FORMER CONFORMED NAME: MARKEL HOLDINGS INC DATE OF NAME CHANGE: 19991005 SC 13D/A 1 dsc13da.htm MARKEL CORPORATION MARKEL CORPORATION

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

[Rule 13d-101]

 

Information To Be Included In Statements Filed Pursuant

To § 240.13d-1(a) And Amendments Thereto Filed Pursuant To § 240.13d-2(a)

(Amendment No. 1)

 

 

 

LANDAMERICA FINANCIAL GROUP, INC.

(Name of Issuer)

 

 

Common Stock, no par value

(Title of Class of Securities)

 

 

514936103

(CUSIP Number)

 

 

D. Michael Jones

Markel Corporation

4521 Highwoods Parkway

Glen Allen, Virginia 23260

(804) 747-0136

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

June 13, 2008

(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 that is the subject of this Schedule 13D, and is filing this schedule because § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box  ¨.

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.

(continued on following pages)


SCHEDULE 13D

CUSIP No. 514936103

 

  1  

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).

 

            Markel Corporation

            54-1959284

   
  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

 

            Virginia

   

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

  7    SOLE VOTING POWER

 

                1,108,400

 

  8    SHARED VOTING POWER

 

                -0-

 

  9    SOLE DISPOSITIVE POWER

 

                1,108,400

 

10    SHARED DISPOSITIVE POWER

 

                -0-

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            1,108,400

   
12  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ¨
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

            7.16%

   
14  

TYPE OF REPORTING PERSON

 

            HC

   


The following constitutes Amendment No.1 to the Schedule 13D filed by Markel Corporation (“Markel”). This Amendment amends the Schedule 13D as specifically set forth.

 

Item 2. Identity and Background.

Updated information concerning the executive officers and directors of Markel (the “Listed Persons”) required by Item 2 of Schedule 13D is provided on Schedule A annexed hereto and is incorporated herein. To Markel’s knowledge, none of the Listed Persons has been, during the last five years, (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding 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.

 

Item 3. Source and Amount of Funds or Other Consideration.

The amount of funds used to purchase the shares of Issuer common stock in the transactions giving rise to this Amendment was approximately $6.227 million. Markel used internally available funds to make the purchases of shares of Issuer common stock.


 

Item 5. Interest in Securities of the Issuer.

(a) As of the date hereof, Markel beneficially owns 1,108,400 shares of the Issuer’s common stock, which represents approximately 7.16% of the outstanding shares of the class. The percentage calculation is based on 15,478,019 shares outstanding, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. The ownership of the Issuer’s common stock by the Listed Persons is provided on Schedule A annexed hereto and is incorporated herein.

(c) Schedule B annexed hereto lists all transactions in the Issuer’s common stock during the past 60 days by Markel. All transactions were effected in the open market.


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: June 19, 2008

 

Markel Corporation
By:  

/s/ D. Michael Jones

Name:   D. Michael Jones
Title:   Senior Vice President, General Counsel and Secretary


SCHEDULE A

 

Name

  

Position and Present Principal Occupation

  

Shares of Issuer’s Common
Stock Owned

Alan I. Kirshner    Chairman of the Board and Chief Executive Officer, Markel Corporation    -0-
Anthony F. Markel    Vice Chairman of the Board, Markel Corporation    -0-
Steven A. Markel    Vice Chairman of the Board, Markel Corporation    18,600*
J. Alfred Broaddus, Jr.    Director, Markel Corporation; Private Investor; Retired President, Federal Reserve Bank of Richmond    -0-
Douglas C. Eby    Director, Markel Corporation; Chairman and Chief Executive Officer, TimePartners LLC    -0-
Leslie A. Grandis    Director, Markel Corporation; Partner, McGuireWoods LLP    -0-
Stewart M. Kasen    Director, Markel Corporation; Retired President, S&K Famous Brands, Inc.    -0-
Lemuel E. Lewis    Director, Markel Corporation; Retired Executive Vice President and Chief Financial Officer, Landmark Communications, Inc.    -0-
Jay M. Weinberg    Director, Markel Corporation; Chairman Emeritus, Hirschler Fleischer    -0-
Thomas S. Gayner    Executive Vice President and Chief Investment Officer, Markel Corporation    -0-
Paul W. Springman    President and Chief Operating Officer, Markel Corporation    -0-
Richard R. Whitt, III    Senior Vice President and Chief Financial Officer, Markel Corporation    -0-

 

* Includes 3,000 shares which Mr. Markel has the right to acquire at prices of $35.00-$40.00 per share upon exercise of call options in the next 60 days.

Each of the above named persons is a U.S. citizen.

The principal business address for each of the persons listed above is c/o Markel Corporation, 4521 Highwoods Parkway, Glen Allen, Virginia 23060.


Schedule B

Purchases of Issuer Common Stock

by Markel Corporation in the past 60 days

 

Date

   Number of Shares
Purchased
   Purchase
Price per
Share
 

June 9, 2008

   300    $ 35.00 *

June 10, 2008

   19,800    $ 35.00 *

June 11, 2008

   86,100
   $ 35.00 *

June 12, 2008

   9,000    $ 35.00 *

June 13, 2008

   62,500    $ 35.00 *

June 18, 2008

   200    $ 35.00 *

 

* Shares acquired upon exercise of put options by counterparties thereto.
-----END PRIVACY-ENHANCED MESSAGE-----