-----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, Nfe/xlTDF3Gb7En/mB3ZUzyizqqi+UxTq+9zCuTM6y1YQtLTVMyBJveRsU6pW+Nb 0aW49EfPzjjWCUjNp8wfyg== 0001047469-98-016377.txt : 19980427 0001047469-98-016377.hdr.sgml : 19980427 ACCESSION NUMBER: 0001047469-98-016377 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980424 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SPAN AMERICA MEDICAL SYSTEMS INC CENTRAL INDEX KEY: 0000718924 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 570525804 STATE OF INCORPORATION: SC FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-37196 FILM NUMBER: 98600357 BUSINESS ADDRESS: STREET 1: 70 COMMERCE DR STREET 2: P O BOX 5231 CITY: GREENVILLE STATE: SC ZIP: 29615 BUSINESS PHONE: 8032888877 MAIL ADDRESS: STREET 1: PO BOX 5231 STREET 2: PO BOX 5231 CITY: GREENVILLE STATE: SC ZIP: 29606 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SANTA MONICA PARTNERS LP CENTRAL INDEX KEY: 0000904793 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133100474 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1865 PALMER AVENUE CITY: LARCHMONT STATE: NY ZIP: 10538 BUSINESS PHONE: 9148330875 MAIL ADDRESS: STREET 1: 1865 PALMER AVENUE CITY: LARCHMONT STATE: NY ZIP: 10538 SC 13D/A 1 SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________ SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2(a) (AMENDMENT NO. 1 ) ------- SPAN-AMERICA MEDICAL SYSTEMS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, No Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 846396109000 - -------------------------------------------------------------------------------- (CUSIP Number) Lawrence J. Goldstein, Santa Monica Partners L.P. 1865 Palmer Avenue, Larchmont, New York 10538, (914) 833-0875 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 4/21/98 - -------------------------------------------------------------------------------- (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 / /. 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. (Continued on following pages) (Page 1 of 6 Pages) SCHEDULE 13D - ----------------------------------- -------------------- CUSIP NO. 846396109000 PAGE 2 OF 6 PAGES ---------------------- - - - ----------------------------------- -------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Santa Monica Partners, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 175,847 ------------------------------------------------------------ NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON WITH 175,847 ------------------------------------------------------------ 10 SHARED POSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 175,847 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2 - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- Item 1. SECURITY AND ISSUER. Common Stock, no par value, of Span-America Medical Systems, Inc., which has its principal executive offices at 70 Commerce Center, Greenville, South Carolina 29615. Item 2. IDENTITY AND BACKGROUND. Santa Monica Partners, L.P. ("Santa Monica"). Santa Monica is organized under the laws of New York, its principal business is investments, and the address of its principal place of business and principal office is 1865 Palmer Avenue, Larchmont, New York 10538. Santa Monica has not during the last five years been convicted in a criminal proceeding and was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. The following information is provided as to the sole General Partner of Santa Monica: (a) Lawrence J. Goldstein (b) 1865 Palmer Avenue, Larchmont, N.Y. 10538 (c) General Partner, Santa Monica Partners, Inc., 1865 Palmer Avenue, Larchmont, N.Y. 10538 Page 3 of 6 Pages (d) During the last five years, such person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, such person was not a party to a civil proceeding or a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibition or mandating activities subject to, Federal or State Securities laws or finding any violation with respect to such laws. (f) U.S. Citizenship Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Between April 1, 1998 and April 21, 1998, Santa Monica acquired an additional 28,946 shares for an aggregate purchase price of $214,519.01. The source of all funds for such purchases was working capital of Santa Monica. Item 4. PURPOSE OF TRANSACTION. The purpose of Santa Monica's acquisition is to hold the shares for investment purposes. Santa Monica may from time to time purchase additional shares. Item 5. INTEREST IN SECURITIES OF THE ISSUER. (a) 175,847 shares, constituting 6.2% of the outstanding common stock of the issuer. Page 4 of 6 Pages (b) Items 7, 8, 9 and 10 of the second part of the cover page are hereby incorporated by reference. (c) Between April 2 and April 21, 1998 Santa Monica made the following purchases in the open market Date of Transaction (1998) Number of Shares Price per Share - ------------------- ---------------- --------------- April 2 3,400 $7.4375 April 7 11,500 $7.4375 April 8 2,000 $7.3725 Apirl 9 4,000 $7.3750 April 13 2,000 $7.3425 April 16 1,046 $7.3425 April 17 3,000 $7.3425 April 21 2,000 $7.53125 Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Neither Santa Monica nor Mr. Goldstein has any contract, arrangement, understanding or relationship with any other person with respect to any securities of the issuer, including, but not limited to the transfer or voting of any such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees or profits, loans division of profits or loss or the giving or withholding of proxies. Page 5 of 6 Pages Item 7. MATERIAL TO BE FILED AS EXHIBITS. None. 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. Date: April 24, 1998 /s/Lawrence J. Goldstein ------------------------------------ Lawrence J. Goldstein General Partner SANTA MONICA PARTNERS, L.P. Page 6 of 6 Pages -----END PRIVACY-ENHANCED MESSAGE-----