13F-HR/A 1 form13f12-01.txt Form 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: December 31, 2001 Check here if Amendment [x]; Amendment Number: 24 This Amendment (Check only one): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Corbyn Investment Management, Inc. Address: Suite 108 2330 W. Joppa Rd. Lutherville, MD 21093 13F File Number: 28-4242 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Karla K. Moore Title: Corporate Secretary Phone: 410-832-5500 Signature, Place and Date of Signing: Karla K. Moore Lutherville, MD January 29, 2002 Report Type (Check only one): [X] 13F Holdings Report. [ ] 13F Notice. [ ] 13F Combination Report. List of Other Managers Reporting for this Manager: I am signing this report as required by the Securities Exchange Act of 1934. Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 51 Form 13F Information Table Value Total: $130,310 List of Other Included Managers: NONE Name of Issuer Title of Class CUSIP Value Shrs or SH/PRN Put/ Investment Other Voting Authority Prn Amt Call Discretion Managers Sole Shared None Airgas Inc. Com 009363102 516 34,100 SH SOLE 34,100 Allegheny Energy Com 017361106 398 11,000 SH SOLE 11,000 Arch Cap Group Com 03937L105 1,463 56,800 SH SOLE 56,800 Baker Michael Corp Com 057149106 3,452 227,137 SH SOLE 227,137 Bostonfed Bancorp Com 101178101 607 26,632 SH SOLE 26,632 Burlington Res Inc. Com 122014103 1,113 29,640 SH SOLE 29,640 Calpine Corp Com 131347106 588 35,000 SH SOLE 35,000 Carrollton Bancorp Com 145282109 259 20,000 SH SOLE 20,000 Cendant Corp Com 151313103 209 10,650 SH SOLE 10,650 Center Tr Inc Com 151845104 231 54,300 SH SOLE 54,300 Chesapeake Utilities Com 165303108 245 12,375 SH SOLE 12,375 Columbia Bankcorp Com 197227101 180 11,000 SH SOLE 11,000 Comcast CLASPL 200300200 3,157 87,705 SH SOLE 87,705 EOG Res Inc. Com 26875P101 1,821 46,565 SH SOLE 46,565 El Paso Energy Com 28336L109 625 14,000 SH SOLE 14,000 Emerson Elec Co. Com 291011104 2,129 37,280 SH SOLE 37,280 Insituform Tech CLA 457667103 1,407 55,000 SH SOLE 55,000 John Hancock Bk SHBENINT 409735107 2,442 295,600 SH SOLE 295,600 Kinder Morgan Com 49455P101 3,400 61,045 SH SOLE 61,045 Middleby Com 596278101 5,496 1,056,975 SH SOLE 1,056,975 NUI Com 629431107 5,574 235,212 SH SOLE 235,212 Nicor Inc. Com 654086107 2,879 69,145 SH SOLE 69,145 NiSource Inc. Com 65473P105 3,924 170,175 SH SOLE 170,175 PartnerRe Holdings Com G6852T105 6,662 123,374 SH SOLE 123,374 PFF Bancorp Com 69331W104 1,201 43,655 SH SOLE 43,655 PPL Corporation Com 69351T106 3,584 102,850 SH SOLE 102,850 Pentair Com 709631105 365 10,000 SH SOLE 10,000 Piedmont Natural Gas Com 720186105 3,595 100,430 SH SOLE 100,430 Provident Bankshares Com 743859100 244 10,000 SH SOLE 10,000 Quanta Svcs Com 74762E102 3,814 247,200 SH SOLE 247,200 SONICblue Com 83546Q109 157 39,000 SH SOLE 39,000 Southern Finl Bancorp Com 842870107 582 22,000 SH SOLE 22,000 SunTrust Bks Com 867914103 2,947 46,995 SH SOLE 46,995 Technitrol Com 878555101 595 21,550 SH SOLE 21,550 UnumProvident Corp Com 91529Y106 4,049 152,750 SH SOLE 152,750 Utilicorp Ltd Com 918005109 252 10,000 SH SOLE 10,000 Vishay InterTech Com 928298108 273 14,000 SH SOLE 14,000 Washington Mutual Com 939322103 3,439 105,165 SH SOLE 105,165 Waste Holdings Com 941057101 600 97,600 SH SOLE 97,600 Adaptec 4.75% '04 SBNTCV 00651FAC2 5,398 5,827,000 PRN SOLE 5,827,000 Ciena Corp. 3.75% '08 NTCONV 171779AA9 4,533 7,068,000 PRN SOLE 7,068,000 Healthsouth 3.25% '03 SBDBCV 421924AF8 3,906 4,101,000 PRN SOLE 4,101,000 Nabi 6.5% '03 SUBNTCV 628716AB8 1,855 1,900,000 PRN SOLE 1,900,000 Networks Assocs 0% '18 SBDBCV 640938AB2 9,397 20,735,000 PRN SOLE 20,735,000 ONI Systems 5% '05 SUBNTCV 68273FAA1 6,660 9,638,000 PRN SOLE 9,638,000 Quanta Svcs 4% '07 SUBNTCONV 74762EAA0 5,546 8,165,000 PRN SOLE 8,165,000 RadiSys Corp 5.5% 07 SUBNTCV 750459AB5 3,309 4,361,000 PRN SOLE 4,361,000 Shaw Group 0% '21 LYON 820280AC9 5,137 10,015,000 PRN SOLE 10,015,000 Transamerica 10%'03 SBDBCONV 89351VAA7 348 345,000 PRN SOLE 345,000 TranSwitch 4.5% '05 NTCONV 894065AB7 4,579 8,044,000 PRN SOLE 8,044,000 Waste Mgmt 4% 02 SUBNTCONV 94106LAA7 5,168 5,168,000 PRN SOLE 5,168,000