-----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, KQJri4943S7ACG0FC4CxaNy6tj0rZGh5j/ymz2Oupz1E8P2hbHDI1iv2yPo2yPk3 5LUW5ehqqF6uTnakmM2wCg== 0000893220-96-000729.txt : 19960513 0000893220-96-000729.hdr.sgml : 19960513 ACCESSION NUMBER: 0000893220-96-000729 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960510 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WESTMORELAND COAL CO CENTRAL INDEX KEY: 0000106455 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 231128670 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-12668 FILM NUMBER: 96560330 BUSINESS ADDRESS: STREET 1: 700 THE BELLEVUE STREET 2: 200 S BROAD ST CITY: PHILADELPHIA STATE: PA ZIP: 19102 BUSINESS PHONE: 2155452500 MAIL ADDRESS: STREET 1: 700 THE BELLEVUE STREET 2: 200 S. BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PENN VIRGINIA CORP CENTRAL INDEX KEY: 0000077159 STANDARD INDUSTRIAL CLASSIFICATION: MINERAL ROYALTY TRADERS [6795] IRS NUMBER: 231184320 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 800 BELLEVUE STREET 2: 200 S BROAD ST CITY: PHILADELPHIA STATE: PA ZIP: 19102 BUSINESS PHONE: 2155456600 MAIL ADDRESS: STREET 1: 800 BELLEVUE 200 S BROAD ST CITY: PHILADELPHIA STATE: PA ZIP: 19102 FORMER COMPANY: FORMER CONFORMED NAME: VIRGINIA COAL & IRON CO DATE OF NAME CHANGE: 19670501 SC 13D/A 1 AMENDMENT NO. 11 TO SCHEDULE 13D 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11)* Westmoreland Coal Company - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $2.50 per share par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 960878-10-6 ------------------------------ (CUSIP Number) Beverly Cole McGuire c/o Penn Virginia Corporation One Radnor Corporate Center Suite 200 100 Matsonford Road Radnor, PA 19087 610-687-8900 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 10, 1996 - -------------------------------------------------------------------------------- (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 / / . Check the following box if a fee is being paid with the statement / / . (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of less than five percent of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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). Page 1 of 7 2 SCHEDULE 13D CUSP NO. 960878-10-6 PAGE 2 of PAGES --------------------- ----- ------ - --------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PENN VIRGINIA EQUITIES CORPORATION 51-0229894 - --------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - --------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS - --------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - --------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 1,754,411 OWNED ---------------------------------------------------------------------------------------------- BY 8 SHARED VOTING POWER EACH REPORTING 0 PERSON ---------------------------------------------------------------------------------------------- WITH 9 SOLE DISPOSITIVE POWER 1,754,411 ---------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - --------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,754,411 - --------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - --------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.23% - --------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ---------------------------------------------------------------------------------------------------------------------------
Page 2 of 7 3 This Amendment No. 11 amends and supplements the Statement on Schedule 13D filed with the Securities and Exchange Commission (the "Commission") on November 1, 1978 (the "Initial Statement"), as amended by Amendments Nos. 1-10 filed with the Commission from time to time thereafter (the Initial Statement and Amendment Nos. 1-10 inclusive, the "Statement") by Penn Virginia Equities Corporation, a Delaware corporation (the "Company"), relating to the common stock, par value $2.50 per share (the "Common Stock"), of Westmoreland Coal Company, a Delaware corporation ("Westmoreland"). The undersigned hereby amends and supplements Items 2, 4, 5 and 7 of the Statement by adding the following information (capitalized terms used herein without definition shall have the same meaning as set forth in the Statement): Item 2. Identity and Background. Item 2 is hereby amended by inserting the following in lieu of the third and fourth paragraphs thereof: The Company is a wholly owned subsidiary of Penn Virginia Corporation, a Virginia corporation ("Penn Virginia"), whose address is One Radnor Corporate Center, Suite 200, 100 Matsonford Road, Radnor, Pennsylvania 19087. Penn Virginia, through its subsidiaries, is engaged primarily in leasing of mineral rights, collection of royalties and development and production of oil and natural gas. The name, present principal occupation and address of employment of each executive officer, director and controlling person of the Company and Penn Virginia are set forth in Exhibit A attached hereto. Item 4. Purpose of Transaction. Item 4 is hereby amended by the addition of the following: Penn Virginia and Westmoreland are currently in discussions with respect to a termination of a portion of the Virginia coal property lease between the two companies and a restructuring of the remainder of the lease. To date, no definitive agreement has been reached. On May 10, 1996, Lennox K. Black, Penn Virginia's Chairman of the Board, resigned from Westmoreland's Board of Directors. Item 5. Interest In Securities Of The Issuer. Item 5 is hereby amended by the addition of the following: Exhibit D, attached hereto, shows the number of shares of Common Stock beneficially owned, directly or indirectly, by each person identified in Item 2 of the Statement. Except as otherwise noted in Exhibit D, such persons have sole power to vote or direct the voting of, and sole power to dispose or direct the disposition of the shares listed opposite their names in Exhibit D. Item 7. Materials to Be Filed As Exhibits. Exhibit A Name, present principal occupation and address of employment of each executive officer, director and controlling person of the Company and Penn Virginia. Exhibit D List of shares of Common Stock of Westmoreland Coal Company beneficially owned by each executive officer, director and controlling person of the Company and Penn Virginia. Page 3 of 7 4 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. PENN VIRGINIA EQUITIES CORPORATION By: /s/ Beverly Cole McGuire Beverly Cole McGuire, Secretary Dated: May 10, 1996 Page 4 of 7 5 EXHIBIT A Name, present principal occupation and address of employment of each executive officer, director and controlling person of Penn Virginia Equities Corporation and Penn Virginia Corporation.
Name and Address Present Principal Occupation ---------------- ---------------------------- Lennox K. Black (2) Chairman of the Board, Penn Virginia Corporation; --------------- Chairman of the Board, Teleflex, Inc. (equipment 630 West Germantown Pike manufacturer) Plymouth Meeting, PA 19462 John D. Cadigan (2) President, Rio Petrol, Inc. --------------- (oil and gas investments); Vice President, Campbell 300 Harbor Building Investment 100 Second Avenue, South Co. (investments) Edmonds, WA 98020 A. James Dearlove (1) (2) President and Chief Executive Officer, Penn Virginia ----------------- Corporation; President, Penn Virginia Equities One Radnor Corporate Center Corporation 100 Matsonford Road, Ste. 200 Radnor, PA 19087 John A. H. Shober (2) Retired Chief Executive Officer and President of ----------------- Penn Virginia Corporation One Radnor Corporate Center 100 Matsonford Road, Ste. 200 Radnor, PA 19087 Hans-Albert Oppenborn (2) Head of the Department --------------------- Economic Analysis of PreussenElektra AG Treschowstrasse 5, 30457 Hannover, Germany Johannes Teyssen (2) Head of the Legal Division of PreussenElektra AG ---------------- Treschowstrasse 5, 30457 Hannover, Germany Frederick C. Witsell, Jr. (2) Vice Chairman, J.P. Morgan Florida FSB ------------------------- 109 Royal Palm Way Palm Beach, FL 33480 Minturn T. Wright, III (2) Retired Partner, Dechert Price & Rhoads (attorneys) ---------------------- 4000 Bell Atlantic Tower 1717 Arch St. Philadelphia, PA 19103 Steven W. Tholen (1) Vice President and Chief Financial Officer, Penn Virginia ---------------- Corporation Vice President, Penn Virginia Equities One Radnor Corporate Center Corporation 100 Matsonford Rd., Ste 200 Radnor, PA 19087 David R. Barker Vice President, Penn Virginia Corporation --------------- 999 Executive Park Boulevard Suite 300 Kingsport, TN 37662
Page 5 of 7 6
Name and Address Present Principal Occupation ---------------- ---------------------------- Keith D. Horton Vice President, Penn Virginia Corporation --------------- U.S. Highway 58-421 West P.O. Box 386 Duffield, VA 24244 Ann N. Horton Controller, Penn Virginia Corporation; Controller Penn -------------- Virginia Equities Corporation 999 Executive Park Boulevard Suite 300 Kingsport, TN 37662 Beverly Cole McGuire (1) Corporate Secretary, Penn Virginia -------------------- Corporation; Secretary, One Radnor Corporate Center Penn Virginia Equities Corporation 100 Matsonford Rd., Ste. 200 Radnor, PA 19087
(1) Director of Penn Virginia Equities Corporation. (2) Director of Penn Virginia Corporation. Page 6 of 7 7 EXHIBIT D Listed below are the shares of common stock of Westmoreland Coal Company beneficially owned by each executive officer, director and controlling person of Penn Virginia Equities Corporation and Penn Virginia Corporation:
Shares Beneficially Owned Name on May 10, 1996 ---- -------------------------- Lennox K. Black 4,500 (1) John D. Cadigan -- A. James Dearlove -- John A. H. Shober -- Hans-Albert Oppenborn -- Johannes Teyssen -- Frederick C. Witsell, Jr. -- Minturn T. Wright, III -- Steven W. Tholen -- David R. Barker -- Keith D. Horton -- Ann N. Horton -- Beverly Cole McGuire --
(1) Represents shares beneficially owned by Lennox K. Black pursuant to presently exercisable non-qualified stock options. Page 7 of 7 -----END PRIVACY-ENHANCED MESSAGE-----