-----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, A2XA+pGtM2D60L3bQb4pWfhTpKByhBrrooDkwuhzjrw1OrzhFpyPrhObrp5lt62E P+THHjwa5h9Zj6CDCVDy4Q== 0001015325-03-000195.txt : 20031120 0001015325-03-000195.hdr.sgml : 20031120 20031120110200 ACCESSION NUMBER: 0001015325-03-000195 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20031120 GROUP MEMBERS: BAKER HOLDINGS, L.P., A DELAWARE LIMITED PARTNERSHIP GROUP MEMBERS: BAKER INVESTMENT HOLDINGS, INC., A DELAWARE CORPORATION GROUP MEMBERS: EDWARD L. BAKER GROUP MEMBERS: JOHN D. BAKER II SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PATRIOT TRANSPORTATION HOLDING INC CENTRAL INDEX KEY: 0000844059 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING & COURIER SERVICES (NO AIR) [4210] IRS NUMBER: 592924957 STATE OF INCORPORATION: FL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40400 FILM NUMBER: 031014594 BUSINESS ADDRESS: STREET 1: 1801 ART MUSEUM DRIVE CITY: JACKSONVILLE STATE: FL ZIP: 32207 BUSINESS PHONE: 9043965733 MAIL ADDRESS: STREET 1: 1801 ART MUSEUM DRIVE CITY: JACKSONVILLE STATE: FL ZIP: 32207 FORMER COMPANY: FORMER CONFORMED NAME: FRP PROPERTIES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PATRIOT TRANSPORTATION HOLDING INC CENTRAL INDEX KEY: 0000844059 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING & COURIER SERVICES (NO AIR) [4210] IRS NUMBER: 592924957 STATE OF INCORPORATION: FL FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1801 ART MUSEUM DRIVE CITY: JACKSONVILLE STATE: FL ZIP: 32207 BUSINESS PHONE: 9043965733 MAIL ADDRESS: STREET 1: 1801 ART MUSEUM DRIVE CITY: JACKSONVILLE STATE: FL ZIP: 32207 FORMER COMPANY: FORMER CONFORMED NAME: FRP PROPERTIES INC DATE OF NAME CHANGE: 19920703 SC 13G/A 1 june13g.txt SCHEDULE 13-G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Patriot Transportation Holding, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 30262E 10 9 (CUSIP Number) December 9, 2002 (Date of Event Which Requires Filing of this Statement) Daniel B. Nunn, Jr. McGuireWoods LLP 50 North Laura Street Suite 3300 Jacksonville, Florida 32202 (904) 798-2654 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [x] 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. This Amendment No. 2 to Schedule 13G is filed with respect to an event occurring in December, 2002. On December 9, 2002, the Issuer repurchased 111,300 shares of common stock, which may be deemed to have triggered reporting obligations under Section 13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). None of the undersigned have engaged in any event or transaction that otherwise would trigger a reporting obligation under Section 13 of the Exchange Act. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). SCHEDULE 13G - ----------------------------------------------------------------- CUSIP No.: 30262E 10 9 - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON Baker Holdings, L.P. FEIN: 59-2560711 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF SHARES ---------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,061,521 EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 WITH ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,061,521 - ----------------------------------------------------------------- 2 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,061,521 - ----------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 34.8% - ----------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - ----------------------------------------------------------------- SCHEDULE 13G - ----------------------------------------------------------------- CUSIP No.: 30262E 10 9 - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON Baker Investment Holdings, Inc. FEIN: 51-0395727 - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF SHARES ---------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,061,521 EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 WITH ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,061,521 - ----------------------------------------------------------------- 3 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,061,521 - ----------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 34.8% - ----------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------- SCHEDULE 13G - ----------------------------------------------------------------- CUSIP No.: 30262E 10 9 - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON Edward L. Baker S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------- 5 SOLE VOTING POWER 114,276 NUMBER OF SHARES ---------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,061,953 EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 111,734 WITH ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,061,953 - ----------------------------------------------------------------- 4 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,103,590 - ----------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ X ] - ----------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 36.2% - ----------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - ----------------------------------------------------------------- SCHEDULE 13G - ----------------------------------------------------------------- CUSIP No.: 30262E 10 9 - ----------------------------------------------------------------- 1 NAME OF REPORTING PERSON John D. Baker II S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ----------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ----------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------- 5 SOLE VOTING POWER 108,951 NUMBER OF SHARES ---------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,101,821 EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 107,402 WITH ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,101,821 - ----------------------------------------------------------------- 5 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,181,472 - ----------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X] - ----------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 38.7% - ----------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN Item 1. (a) The name of the Issuer is Patriot Transportation Holding, Inc. (b) The Issuer's principal executive offices are located at 1801 Art Museum Drive, Jacksonville, Florida 32207. Item 2. (a) This Schedule 13G is filed on behalf of Baker Holdings, L.P., a Delaware limited partnership (the "Partnership"), Baker Investment Holdings, Inc., a Delaware corporation and the general partner of the Partnership (the "General Partner"), and Edward L. Baker and John D. Baker II, individually (collectively, the "Reporting Persons"). (b) The principal executive offices of the Partnership and the General Partner are located at 300 Delaware Avenue, Wilmington, Delaware 19801. The principal business address for the two individual Reporting Persons, Edward L. Baker and John D. Baker II, is 155 East 21st Street, Jacksonville, Florida 32206. (c) The Partnership was originally organized as a Florida limited partnership but was converted into a Delaware limited partnership on December 23, 1999. The General Partner was organized in December 1999 as a Delaware corporation to serve as the new general partner of the Partnership. The individual Reporting Persons are brothers and are citizens of the United States. 6 (d) This Schedule 13G relates to the common stock of the Issuer, par value $.10 per share. (e) The CUSIP number of the common stock is 30262E 10 9. Item 3. Not applicable Item 4.
(a) Amount beneficially owned:* 1) Baker Holdings, L.P.: 1,061,521 2) Baker Investment Holdings, Inc.: 1,061,521 3) Edward L. Baker: 1,103,590 4) John D. Baker II: 1,181,472 Total: 1,223,541 shares (b) Percent of class:* 1) Baker Holdings, L.P.: 34.8% 2) Baker Investment Holdings, Inc.: 34.8% 3) Edward L. Baker: 36.2% 4) John D. Baker II: 38.7% Total: 40.1% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote:* 1) Baker Holdings, L.P.: 0 2) Baker Investment Holdings, Inc.: 0 3) Edward L. Baker: 114,276 4) John D. Baker II: 108,951 7 Total: 223,227 (ii) Shared power to vote or to direct the vote:* 1) Baker Holdings, L.P.: 1,061,521 2) Baker Investment Holdings, Inc.: 1,061,521 3) Edward L. Baker: 1,061,953 4) John D. Baker II: 1,101,821 Total: 1,102,253 (iii) Sole power to dispose or to direct the disposition of:* 1) Baker Holdings, L.P.: 0 2) Baker Investment Holdings, Inc.: 0 3) Edward L. Baker: 111,734 4) John D. Baker II: 107,402 Total: 219,136 (iv) Shared power to dispose or to direct the disposition of:* 1) Baker Holdings, L.P.: 1,061,521 2) Baker Investment Holdings, Inc.: 1,061,521 3) Edward L. Baker: 1,061,953 4) John D. Baker II: 1,101,821 Total: 1,102,253
In addition to the beneficial holdings set forth above, the Partnership and its partners may be deemed to constitute a "group" under Section 13(d)(3) of the Exchange Act for the purpose of acquiring, holding and disposing of the Issuer's securities. Pursuant to Rule 13d-5(b)(i), the shares beneficially owned by each partner may therefore be deemed to be beneficially owned by the Partnership and by virtue of their status as partners of the Partnership, to be beneficially owned by each individual Reporting Person. However, pursuant to Rule 13d-4, the Partnership disclaims beneficial ownership 8 of the shares individually owned by its partners, and the General Partner and Messrs. Edward L. Baker and John D. Baker II each disclaim beneficial ownership of the shares owned by the other individual Reporting Persons. *Edward L. Baker has sole voting and dispositive powers with respect to 83,639 shares he holds as trustee for the minor children of John D. Baker II (which shares are excluded from the beneficial ownership calculation for John D. Baker II). Pursuant to Rule 13d-4, Mr. Baker disclaims beneficial ownership of the shares under such trust. Edward L. Baker has sole voting and dispositive ownership over 1,904 shares he holds directly and over 26,191 shares held by the Edward L. Baker Living Trust. Edward L. Baker has shared voting and dispositive power with respect to 432 shares held by STABANCO, as nominee of SunTrust Bank, in a fiduciary account with respect to which Mr. Baker has potential income rights. 1,061,521 shares (approximately 34.8% of the Issuer's total number of shares outstanding) are directly owned by the Partnership. The General Partner and the Partnership have shared voting and dispositive power with respect to such shares. Edward L. Baker and John D. Baker II are directors and shareholders of the General Partner and, accordingly, may be deemed to be the beneficial owner of such shares. Edward L. Baker has sole voting power but no dispositive power with respect to 2,542 shares held for his account pursuant to a Tax Reduction Act Employee Stock Ownership Plan ("TRAESOP") established by the Issuer's affiliate. Pursuant to Rule 13d-3(d), Edward L. Baker is deemed to be the beneficial owner of 11,000 shares held under options which are exercisable within 60 days of December 31, 2002. Edward L. Baker may be deemed to be the beneficial owner of 400 shares directly owned by his wife. Pursuant to Rule 13d-4, Mr. Baker disclaims such beneficial ownership. John D. Baker II has sole voting and dispositive power with respect to the 107,402 shares in the John D. Baker II Living Trust. John D. Baker II has sole voting power but no dispositive power with respect to 1,549 shares held for his account pursuant to a TRAESOP established by the Issuer's affiliate. Pursuant to Rule 13d-3(d), John D. Baker II is deemed to be the beneficial owner of 11,000 shares held under options which are exercisable within 60 days of December 31, 2002. John D. Baker II may be deemed to be the beneficial owner of 40,300 shares held by Regency Square II, a Florida general partnership. Trust B under the will of Martin E. Stein, deceased, is a partner in the Partnership. John D. Baker II is a co-trustee of the 9 Trust B, and as such, has a one-third shared voting and dispositive power as to the Trust B. Pursuant to Rule 13d-4, Mr. Baker disclaims such beneficial ownership. John D. Baker II may be deemed to be the beneficial owner of 1,963 shares held by his wife's living trust. Pursuant to Rule 13d-4, Mr. Baker disclaims such beneficial ownership. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. 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. See Exhibit 1. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. Not applicable. SIGNATURE After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this Statement is true, correct and complete. Dated: November 20, 2003 BAKER HOLDINGS, L.P. By: Baker Investment Holdings, Inc. By: /s/Darryl E. Smith _________________________ Darryl E. Smith, President BAKER INVESTMENT HOLDINGS, INC. By: /s/Darryl E. Smith __________________________ 10 Darryl E. Smith, President /s/Edward L. Baker ________________________________ Edward L. Baker /s/John D. Baker II ________________________________ John D. Baker II EXHIBIT INDEX Exhibit 1 Identity of members of group. Identity of members of group: Baker Holdings, L.P., a Delaware Limited Partnership Baker Investment Holdings, Inc., a Delaware corporation Edward L. Baker John D. Baker II 11 -----END PRIVACY-ENHANCED MESSAGE-----