-----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, HMOQQsAj0IYHxUQ/vCRUFvs0IthePx8Z/10ZioUUz7Sx2qYasoTQb2ZuGExWL3wA Gp7ImPCTf3NB4oGZSbfjew== 0000919574-97-000322.txt : 19970326 0000919574-97-000322.hdr.sgml : 19970326 ACCESSION NUMBER: 0000919574-97-000322 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970325 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REHABCARE GROUP INC CENTRAL INDEX KEY: 0000812191 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOSPITALS [8060] IRS NUMBER: 510265872 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43069 FILM NUMBER: 97561828 BUSINESS ADDRESS: STREET 1: 7733 FORSYTH BLVD 17TH FLR STREET 2: SUITE 1700 CITY: ST LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3148637422 FORMER COMPANY: FORMER CONFORMED NAME: REHABCARE CORP DATE OF NAME CHANGE: 19940218 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HORWITZ ROBERT CENTRAL INDEX KEY: 0001032992 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 55 HARRISTOWN ROAD CITY: GLENROCK STATE: NJ ZIP: 07492 BUSINESS PHONE: 2014442850 SC 13D/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No.: 1 Name of Issuer: RehabCare Group, Inc. Title of Class of Securities: Ordinary Shares CUSIP Number: 759148109 (Name, Address and Telephone Number of Person Authorized To Receive Notices and Communications) Robert Horwitz, RH Capital Associates, 55 Harristown Road, Glen Rock, New Jersey 07452 (201) 444-2850 (Date of Event which Requires Filing of this Statement) March 12, 1997 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 this statement [ ]. (A fee is not required only if the filing 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 five percent or less of class. See Rule 13d-7). *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. The 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 ("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. 759148109 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Robert Horwitz ###-##-#### 2. Check the Appropriate Box if a Member of a Group a. b. x 3. SEC Use Only 4. Source of Funds AF, PF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 8,500 8. Shared Voting Power: 308,600 9. Sole Dispositive Power: 8,500 10. Shared Dispositive Power: 308,600 11. Aggregate Amount Beneficially Owned by Each Reporting Person 317,100 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 2 13. Percent of Class Represented by Amount in Row (11) 8.4% 14. Type of Reporting Person IN 3 CUSIP No. 759148109 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person RH Capital Associates 22-3033645 2. Check the Appropriate Box if a Member of a Group a. b. x 3. SEC Use Only 4. Source of Funds AF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Sole proprietor is a U.S. citizen Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power: 8. Shared Voting Power: 308,600 9. Sole Dispositive Power: 10. Shared Dispositive Power: 308,600 11. Aggregate Amount Beneficially Owned by Each Reporting Person 308,600 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares 4 13. Percent of Class Represented by Amount in Row (11) 8.2% 14. Type of Reporting Person OO 5 The reason for the filing of this Amendment No. 1 to the previously filed 13D is to show that the holdings of Robert Horwitz ("Mr. Horwitz") and RH Capital Associates ("RHC") have increased from 6.6% each to 8.4% and 8.2%, respectively. Item 1. Security and Issuer No change. Item 2. Identity and Background No change. Item 3. Source and Amount of Funds or Other Consideration As of the date hereof, Mr. Horwitz is deemed to beneficially own 317,100 Shares. 308,600 Shares are held by Glen Rock Partners, L.P., RH Capital Associates Number One, L.P., Cragswood Ltd. and managed accounts over each of which Mr. Horwitz and RHC have investment discretion. 8,500 Shares are held by Mr. Horwitz personally. Item 4. Purpose of Transaction No change. Item 5. Interest in Securities of the Issuer As of the date hereof, Mr. Horwitz is estimated to be the beneficial owner of 317,100 Shares of Common Stock (the "Shares") of RehabCare Group, Inc. (the "Company"). Since the filing of the initial Schedule 13D, Mr. Horwitz purchased 8,500 Shares in open market transactions at an aggregate cost of $186,505.15. RHC is estimated to be the beneficial owner of 308,600 Shares of the Company. The Company repurchased 930,360 6 of its Shares at a price of $22.50 per Share on March 12, 1997. Following the buyback, the Company had 3,768,127 Shares outstanding. Therefore, Mr. Horwitz now beneficially owns 8.4% of the outstanding Shares and RHC beneficially owns 8.2% of the outstanding Shares. Mr. Horwitz and RHC have the power to vote, direct the vote, dispose of or direct the disposition of all the Shares of the Company that are currently beneficially owned by them. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer No change. Item 7. Material to be Filed as Exhibits A description of the transactions in the Shares that were effected by Mr. Horwitz over the past 60 days' is filed herewith as Exhibit A. 7 Signature The undersigned, after reasonable inquiry and to the best of their knowledge and belief, certify that the information set forth in this statement is true, complete and correct. March 24, 1997 Date /s/ Robert Horwitz Robert Horwitz RH Capital Associates /s/ Robert Horwitz Robert Horwitz 8 42255001.AB8 Exhibit A Number of Price per Purchase Date Shares Share* Value 2-14-97 2,500 $21.254 $53,135.00 3-3-97 1,500 22.257 33,385.00 3-3-97 4,500 22.219 99,985.15 _________________________ *Not including commissions 42255001.AB8 -----END PRIVACY-ENHANCED MESSAGE-----