-----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, LQ0wkDNCG1DeviV6u7wceOg/GQxs008HMmlXgbthvQ4/wwVsE2cb5iS7HDYXpu0Z Uc2NzD8coBOfbAjWpGEf9g== 0000950144-98-011945.txt : 19981104 0000950144-98-011945.hdr.sgml : 19981104 ACCESSION NUMBER: 0000950144-98-011945 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981103 GROUP MEMBERS: DAWSON MANAGERS INC GROUP MEMBERS: F.M. DAWSON COMPANY, INC. GROUP MEMBERS: FREDERICK M. DAWSON GROUP MEMBERS: THE PHOENIX MANAGEMENT COMPANY, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RISCORP INC CENTRAL INDEX KEY: 0001003957 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 650335150 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-47357 FILM NUMBER: 98737191 BUSINESS ADDRESS: STREET 1: ONE SARASOTA TOWER STREET 2: SUITE 608 CITY: SARASOTA STATE: FL ZIP: 34236 BUSINESS PHONE: 9419512022 MAIL ADDRESS: STREET 1: 1390 MAIN STREET CITY: SARASOTA STATE: FL ZIP: 34236 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAWSON MANAGERS INC CENTRAL INDEX KEY: 0001072602 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 593483513 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 12900 LAKEVIEW POINT CT CITY: WINDERMERE STATE: FL ZIP: 34786 BUSINESS PHONE: 9413665015 MAIL ADDRESS: STREET 1: 12900 LAKEVIEW POINT CT CITY: WINDERMERE STATE: FL ZIP: 34786 SC 13G 1 RISCORP, INC./DAWSON MANAGERS, INC. 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------- SCHEDULE 13G (RULE 13D-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (Amendment No. )(1) --------- RISCORP, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Shares of Class A Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 767597107 - -------------------------------------------------------------------------------- (CUSIP Number) April 1, 1998 - -------------------------------------------------------------------------------- (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-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) - ------------------------ (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 the disclosures provided in a prior cover page. This 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 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). 2 CUSIP NO. 767597107 13G PAGE 2 OF 9 PAGES - ------------------- ----------------------------- - ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Frederick M. Dawson - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 1,725,000 SHARES ---------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH ---------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 1,725,000 WITH ---------------------------------------------------- 8. SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,725,000 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.8% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - 2 - 3 CUSIP NO. 767597107 13G PAGE 3 OF 9 PAGES - ------------------- ----------------------------- - ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) The Phoenix Management Company, Ltd. 59-3483515 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Florida - ------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 1,725,000 BENEFICIALLY ---------------------------------------------------- OWNED BY 6. SHARED VOTING POWER EACH REPORTING ---------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER WITH 1,725,000 ---------------------------------------------------- 8. SHARED DISPOSITIVE POWER - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,725,000 - ------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.8% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - 3 - 4 CUSIP NO. 767597107 13G PAGE 4 OF 9 PAGES - ------------------- ----------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dawson Managers, Inc. 59-3483513 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Florida - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF 1,725,000 SHARES ------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY EACH ------------------------------------------------- REPORTING 7. SOLE DISPOSITIVE POWER PERSON 1,725,000 WITH ------------------------------------------------- 8. SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,725,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.8% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - 4 - 5 CUSIP NO. 767597107 13G PAGE 5 OF 9 PAGES - ------------------- ----------------------------- - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) F. M. Dawson Company, Inc. 54-1754339 - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Florida - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 1,725,000 BENEFICIALLY -------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER EACH REPORTING -------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER WITH 1,725,000 -------------------------------------------------------- 8. SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,725,000 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.8% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - 5 - 6 ITEM 1(A). NAME OF ISSUER: RISCORP, Inc. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 1390 Main Street, Sarasota, Florida 34236 ITEM 2(A). NAME OF PERSON FILING: This Schedule 13G is being filed by the following persons: (1) Frederick M. Dawson; (2) F.M. Dawson Company, Inc. ("FMDC"), a corporation wholly owned by Mr. Dawson; (3) Dawson Managers, Inc. ("DMI"), a corporation wholly owned by FMDC; and (4) The Phoenix Management Company, Ltd. ("Phoenix"), a limited partnership which has DMI as its sole general partner. ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 12900 Lakeview Point Court, Windermere, Florida 34786 ITEM 2(C). CITIZENSHIP: The citizenship for each of Mr. Dawson, Phoenix, DMI, and FMDC is contained in Item 4 on pages 2, 3, 4 and 5 of this Schedule 13G, respectively. ITEM 2(D). TITLE OF CLASS OF SECURITIES: Class A Common Stock, par value $0.01 per share ITEM 2(E). CUSIP NUMBER: 767597107 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); - 6 - 7 (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [X] ITEM 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Each of the persons filing this Schedule 13G are filing with respect to 1,725,000 shares held of record by Phoenix. (b) Percent of class: 13.8% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 1,725,000 (ii) Shared Power to vote or to direct the vote (iii) Sole power to dispose or to direct the disposition of 1,725,000 (iv) Shared power to dispose or to direct the disposition of Instruction: For computations regarding securities which represent a right to acquire an underlying security see Rule 13d-3(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 [ ]. Instruction. Dissolution of a group requires a response to this item. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 940 or the beneficiaries of an employee benefit plan, pension fund or endowment fund is not required. Not applicable. - 7 - 8 ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identification of the relevant subsidiary. Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. If a group has filed this schedule pursuant to Rule 13d-1(b)(1)(ii)(J), so indicate under Item 3(h) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable. ITEM 10. CERTIFICATIONS. "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." - 8 - 9 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. RISCORP, Inc. September 24, 1998 ------------------------------------------------ (Date) /s/ Walter E. Riehemann ------------------------------------------------ (Signature) Walter E. Riehemann/Vice President ------------------------------------------------ (Name/Title) The Phoenix Management Company, Ltd. by: Dawson Managers, Inc., as General Partner September 24, 1998 ------------------------------------------------ (Date) /s/ Frederick M. Dawson ------------------------------------------------ (Signature) Frederick M. Dawson/President ------------------------------------------------ (Name/Title) Dawson Managers, Inc. September 24, 1998 ------------------------------------------------ (Date) /s/ Frederick M. Dawson ------------------------------------------------ (Signature) Frederick M. Dawson/President ------------------------------------------------ (Name/Title) F.M. Dawson Company, Inc. September 24, 1998 ------------------------------------------------ (Date) /s/ Frederick M. Dawson ------------------------------------------------ (Signature) Frederick M. Dawson/President ------------------------------------------------ (Name/Title) - 9 - -----END PRIVACY-ENHANCED MESSAGE-----