-----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, StUaIgyV3GmqoYX98V612W8Ph5tWTd5MNsGOeK3DrtXh2fvJdQaIaRkMALhbyXLc sl6fKj9amkxWv4X3jBzDAg== 0000950109-97-002052.txt : 19970310 0000950109-97-002052.hdr.sgml : 19970310 ACCESSION NUMBER: 0000950109-97-002052 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970307 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENN TREATY AMERICAN CORP CENTRAL INDEX KEY: 0000814181 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 231664166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38689 FILM NUMBER: 97552607 BUSINESS ADDRESS: STREET 1: 3440 LEHIGH ST CITY: ALLENTOWN STATE: PA ZIP: 18103 BUSINESS PHONE: 2159652222 MAIL ADDRESS: STREET 1: 3440 LEHIGH ST STREET 2: 3440 LEHIGH ST CITY: ALLENTOWN STATE: PA ZIP: 18103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EMERALD ADVISERS INC /PA/ /ADV CENTRAL INDEX KEY: 0000881235 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 232664857 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1857 WILLIAM PENN WAY STREET 2: STE 204 CITY: LANCASTER STATE: PA ZIP: 17601 BUSINESS PHONE: 7173961116 MAIL ADDRESS: STREET 1: P O BOX 10666 CITY: LANCASTER STATE: PA ZIP: 17605 FORMER COMPANY: FORMER CONFORMED NAME: EMERALD ADVISERS INC /PA/ /ADV DATE OF NAME CHANGE: 19970207 SC 13G/A 1 SCHEDULE 13 G/A ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0145 Expires: December 31, 1997 Estimated average burden hours per response. . .14.90 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 )* ------- Penn Treaty American Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Penn Treaty American Corp., Common Stock par value .1 - -------------------------------------------------------------------------------- (Title of Class of Securities) 707874103 ---------------------- (CUSIP Number) Check the following box if a legal 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 such class.)(See Rule 13d-17). *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). Page 1 of 8 pages - --------------------------- ------------------------------ CUSIP NO. 707874103 13G Page 2 of 5 Pages - --------------------------- ------------------------------ - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Emerald Advisers, Inc. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Pennsylvania - -------------------------------------------------------------------------------- 5 Sole Voting Power 92,400 ----------------------------------------------------- Number of Shares 6 Shared Voting Power Beneficially Owned by Each Reporting Person With 0 ----------------------------------------------------- 7 Sole Dispositive Power 190,800 ----------------------------------------------------- 8 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 190,800 - -------------------------------------------------------------------------------- 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 2.5% * [* This amendment is filed in order to correct the percent of class owned which was miscalculated and stated incorrectly in the original Schedule 13G as exceeding five percent. A Schedule 13G was never required to be filed initially. The correct percent of class is 2.5%.] - -------------------------------------------------------------------------------- 12 Type of Reporting Person* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Schedule 13G - Amendment No. 1 Page 3 of 5 Emerald Advisers, Inc. Item 1. (a) The name of the issuer is Penn Treaty American Corp. (b) The address of issuer's principal executive offices is 3440 Lehigh Street, Allentown, PA 18103 Item 2. (a) The name of the person filing is Emerald Advisers, Inc. (b) The principal business office of the person filing is 1857 William Penn Way, Lancaster, Pennsylvania 17601 (c) The state of organization is Pennsylvania (d) The title of the class of security is common stock par value .1 (e) The CUSIP number is 707874103 Item 3. (e) The person filing is an Investment Adviser registered under section 203 of the Investment Advisers Act of 1940. Item 4. (a) The amount beneficially owned is 190,800. (b) The percent of class is 2.5% * * This amendment is filed in order to correct the percent of class owned which was miscalculated and stated incorrectly in the original Schedule 13G as exceeding five percent. A Schedule 13G was never required to be filed initially. The correct percent of class owned is 2.5%. (c)(i) The number of shares as to which Emerald Advisers, Inc. has sole voting power is 92,400. (c)(ii) The number of shares as to which Emerald Advisers, Inc. has shared voting power is 0. Schedule 13G - Amendment No. 1 Page 4 of 5 Emerald Advisers, Inc. (c)(iii) The number of shares as to which Emerald Advisers, Inc. has sole dispositive power is 190,800. (c)(iv) The number of shares as to which Emerald Advisers, Inc. holds shared dispositive power is 0. Item 5. [X] As of the date hereof, Emerald Advisers, Inc. has ceased to be the beneficial owner of more than five percent of the class of securities. * * This amendment is filed in order to correct the percent of class owned which was miscalculated and stated incorrectly in the original Schedule 13G as exceeding five percent. A Schedule 13G was never required to be filed initially. The correct percent of class owned is 2.5%. Emerald Advisers, Inc. was never the beneficial owner of more than five percent of the class of securities. Item 6. Other persons have the right to receive and/or the power to direct the receipt of dividends from, and the proceeds from the sale of, such securities. Of these persons, no person has the right to receive and/or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of such securities. Item 7. Not applicable. Item 8. Not applicable. Item 9. Not applicable. Schedule 13G - Amendment No. 1 Page 5 of 5 Emerald Advisers, Inc. Item 10. 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. 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 ------------------------------------- Signature Scott L. Rehr, Senior Vice President -----END PRIVACY-ENHANCED MESSAGE-----