-----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, U8RvlVV5nvpsf1KkP4zSOmgiRtUtTNxjrnxOueAsOSomXyABskFt0HwROB9htNm8 1quX2aYU17PG6UdvzIiyoA== 0001044797-03-000004.txt : 20030211 0001044797-03-000004.hdr.sgml : 20030211 20030211164609 ACCESSION NUMBER: 0001044797-03-000004 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030211 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KAYDON CORP CENTRAL INDEX KEY: 0000740694 STANDARD INDUSTRIAL CLASSIFICATION: BALL & ROLLER BEARINGS [3562] IRS NUMBER: 133186040 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36006 FILM NUMBER: 03550596 BUSINESS ADDRESS: STREET 1: 315 E. EISENHOWER PARKWAY, SUITE 300 CITY: ANN ARBOR STATE: MI ZIP: 48108 BUSINESS PHONE: 7347477025 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEW SOUTH CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001044797 IRS NUMBER: 621237220 STATE OF INCORPORATION: TN FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1100 RIDGEWAY LOOP ROAD STREET 2: SUITE 444 CITY: MEMPHIS STATE: TN ZIP: 38120 BUSINESS PHONE: 9017615561 MAIL ADDRESS: STREET 1: 1100 RIDGEWAY LOOP RD STREET 2: SUITE 444 CITY: MEMPHIS STATE: TN ZIP: 38120 SC 13G/A 1 kdnseven.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. Seven)* Kaydon Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 486587108 (Cusip Number) December 31, 2002 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *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). 1. NAME OF REPORTING PERSON S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE PERSON: NewSouth Capital Management, Inc. Tax ID #: 62-1237220 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a)[ ] (b)[ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Tennessee NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER 856,811 6. SHARED VOTING POWER None 7. SOLE DISPOSITIVE POWER 1,035,611 8. SHARED DISPOSITIVE POWER None 9. AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON 1,035,611 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.4% 12. TYPE OF REPORTING PERSON* I/A Item 1. (a) Name of Issuer: Kaydon Corporation Item 1. (b) Address of Issuer's Principal Executive Offices: 315 East Eisenhower Parkway Suite 300 Ann Arbor, MI 48108 Item 2. (a) Name of Person Filing: NewSouth Capital Management, Inc. Item 2. (b) Address of Principal Business Office: 1100 Ridgeway Loop Rd. Suite 444 Memphis, TN 38120 Item 2. (c) Citizenship: USA Item 2. (d) Title of Class of Securities: Common Stock Item 2. (e) CUSIP Number: 486587108 Item 3. (e) /x/ Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4. Ownership: (a) Amount Beneficially Owned: 1,035,611 (b) Percent of Class: 3.4% (c) Number of Shares as to which such person has: (i) Sole Power to vote or to direct the vote: 856,811 (ii) Shared Power to vote or to direct the vote: None (iii) Sole Power to dispose or to direct the disposition of: 1,035,611 (iv) Shared Power to dispose or to direct the disposition of: None With regard to the shares set forth under Item 4, of the 1,035,611 Shares being reported, 19,678 or .06% of the outstanding shares of Common Stock of Kaydon Corporation, are managed by NewSouth Capital Management, Inc. through a Smith Barney Fiduciary Services Program whereby accounts are placed with NewSouth for management. Although discretionary responsibility for the accounts is with NewSouth, Smith Barney retains responsibility for SEC filings should their cumulative holdings trigger the need for 13G reporting. Of the 1,035,611 shares being reported, 4,700 or .02% of the outstanding shares of Common Stock of Kaydon Corporation are managed by NewSouth Capital Management, Inc. through a Morgan Keegan Preferred Program ("MKPfd") whereby accounts are placed with NewSouth for management. Although discretionary responsibility for the accounts is with NewSouth MKPfd retains responsibility for SEC filings should their cumulative holdings trigger the need for 13G reporting. Of the 1,035,611 shares being reported, 10,915 or .04% of the outstanding shares of Common Stock of Kaydon Corporation are managed by NewSouth Capital Management, Inc. through a Thomas Weisel Partners LLC Asset Management Consulting Program whereby accounts are placed with NewSouth for management. Although discretionary responsibility for the accounts is with NewSouth, Thomas Weisel Partners LLC retains responsibility for SEC filings should their cumulative holdings trigger the need for 13G reporting. 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 than five percent of the class of securities, check the following [x]. Item 6. Ownership of More than Five Percent on Behalf of Another Person: N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: N/A Item 9. Notice of Dissolution of Group: N/A Item 10. Certification: 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 issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 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: 02/11/2003 as of 12/31/2002 Signature:____________________ Name: David M. Newman Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----