-----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, Awb2OBxQOP1ZqIE7r/8ZnuRjxvxgJPqOzA9gWhxz1D22mhwhKpk+9yfLH7rRRiEr d9VGx3s4uQdoIpy1jq29gg== 0001056704-98-000007.txt : 19980331 0001056704-98-000007.hdr.sgml : 19980331 ACCESSION NUMBER: 0001056704-98-000007 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980330 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHATTEM INC CENTRAL INDEX KEY: 0000019520 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 620156300 STATE OF INCORPORATION: TN FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-14545 FILM NUMBER: 98578905 BUSINESS ADDRESS: STREET 1: 1715 W 38TH ST CITY: CHATTANOOGA STATE: TN ZIP: 37409 BUSINESS PHONE: 4238214571 MAIL ADDRESS: STREET 1: 1715 W 38TH ST CITY: CHATTANOOGA STATE: TN ZIP: 37409 FORMER COMPANY: FORMER CONFORMED NAME: CHATTEM DRUG & CHEMICAL CO DATE OF NAME CHANGE: 19790111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PIEDMONT CAPITAL MANAGEMENT CORP CENTRAL INDEX KEY: 0001056704 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 541769685 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 901 E CARY STREET SUITE 1500 CITY: RICHMOND STATE: VA ZIP: 23219 BUSINESS PHONE: 8046493270 MAIL ADDRESS: STREET 1: 901 E CARY STREET SUITE 1500 CITY: RICHMOND STATE: VA ZIP: 23219 SC 13G 1 CHATTEM INC. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) Chattem, Inc. -------------------- (Name of Issuer) COMMON STOCK ------------------------------ (Title of Class of Securities) 162456107 --------- (CUSIP Number) 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. 162456107 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Piedmont Capital Management Corporation 54-1769685 2. Check the Appropriate Box if a Member of a Group (a)[ ] (b)[ ] 3. SEC Use Only 4. Citizenship or Place of Organization Commonwealth of Virginia Number of Shares Beneficially Owned by Each Reporting Person with: 5. Sole Voting Power 795,500 6. Shared Voting Power None 7. Sole Dispositive Power 795,500 8. Shared Dispositive Power None 9. Aggregate Amount Beneficially Owned by Each Reporting Person 795,500 10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11. Percent of Class Represented by Amount in Row (9) 8.7% (based on 9,127,790 outstanding shares) 12. Type of Reporting Person IA Item 1. (a) Name of Issuer: Chattem, Inc. (b) Address of Issuer's Principal Executive Offices: 1715 W. 38th Street Chattanooga, TN 37409 Item 2. (a) Name of Person Filing: Piedmont Capital Management Corporation (b) Address of Principal Business Office, or if None, Residence: One James Center, Suite 1500 Richmond, VA 23219 (c) Citizenship: Commonwealth of Virginia (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 162456107 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act. (b) [ ] Bank as defined in Section 13(a)(6) of the Act. (c) [ ] Insurance company as defined in Section 13(a)(19) of the Act. (d) [ ] Investment company registered under Section 8 of the investment company act. (e) [x] Investment adviser registered under Section 203 of the investment advisers act of 1940. (f) [ ] Employee benefit plan, pension fund which is subject to the provisions of the employee retirement income security act of 1974 or endowment fund; see SS.240.13d- 1(b)(1)(ii)(f). (g) [ ] Parent holding company, in accordance with ss.240.13d-1(b)(ii)(g) (note: see Item 7.) (h) [ ] Group, in accordance with SS.240.13d-1(b)(1)(ii)(h). Item 4. Ownership. If more than five percent of the class is owned, indicate: (a) Amount beneficially owned: 795,500 (b) Percent of class: 8.7% (based on 9,127,790 shares outstanding) (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote. 795,500 (ii) Shared power to vote or to direct the vote None (iii)Sole power to dispose or to direct the disposition of: 795,500 (iv) Shared power to dispose or to direct the disposition of: None 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 that five percent of the class of securities, check the following [ ]. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. The following certification shall be included if the statement is filed pursuant to Rule 13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issure of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 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. By: /S/ THOMAS E. MEGSON ----------------------------- Name: Thomas E. Megson Title: President Dated: March 30, 1998 -----END PRIVACY-ENHANCED MESSAGE-----