-----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, VMX5M+zHL2v6aamMNZ8MhGYj1uI87Qe1YFxvnnkfZg6C+eHDl5Oltk96+PAJfToG MEqBDgX8Mpm2nMiuXo2fwA== /in/edgar/work/0001015402-00-003477/0001015402-00-003477.txt : 20001128 0001015402-00-003477.hdr.sgml : 20001128 ACCESSION NUMBER: 0001015402-00-003477 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001127 GROUP MEMBERS: BURTON PARTNERSHIP L P GROUP MEMBERS: DONALD W. BURTON GROUP MEMBERS: THE BURTON PARTNERSHIP (QP), LIMITED PARTNERSHIP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HORIZON HEALTH CORP /DE/ CENTRAL INDEX KEY: 0000935007 STANDARD INDUSTRIAL CLASSIFICATION: [8090 ] IRS NUMBER: 752293354 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-45243 FILM NUMBER: 776737 BUSINESS ADDRESS: STREET 1: 1500 WATERS RIDGE DR STREET 2: STE 320 CITY: LEWISVILLE STATE: TX ZIP: 75057 BUSINESS PHONE: 9724208200 MAIL ADDRESS: STREET 1: 1500 WATERS RIDGE DR CITY: LEWISVILLE STATE: TX ZIP: 75057 FORMER COMPANY: FORMER CONFORMED NAME: HORIZON MENTAL HEALTH MANAGEMENT INC DATE OF NAME CHANGE: 19950106 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BURTON PARTNERSHIP L P CENTRAL INDEX KEY: 0001019273 STANDARD INDUSTRIAL CLASSIFICATION: [ ] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: P O BOX 4643 CITY: JACKSON STATE: WY ZIP: 83001 BUSINESS PHONE: 3077392370 MAIL ADDRESS: STREET 1: P O BOX 4643 CITY: JACKSON STATE: WY ZIP: 83001 SC 13D 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* Horizon Health Corporation -------------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 44041Y104 --------- (CUSIP Number) Mia Jensen, c/o The Burton Partnership, Limited Partnership Post Office Box 4643 Jackson, Wyoming 83001 --------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 11/21/00 -------- (Date of Event which Requires Filing of this Statement) SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 1 OF 7 PAGES - ------------------------ ------------------------------------- If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sec.Sec.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Sec.240.13d-7 for other parties to whom copies are to be sent. *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 disclosures provided in a prior cover page. 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 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). SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 2 OF 7 PAGES - ------------------------ ------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). The Burton Partnership, Limited Partnership - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (SEE INSTRUCTIONS) (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 531,600 -------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 531,600 -------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 531,600 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 3 OF 7 PAGES - ------------------------ ------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). The Burton Partnership (QP), Limited Partnership - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (SEE INSTRUCTIONS) (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 531,600 -------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 531,600 -------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 531,600 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 4 OF 7 PAGES - ------------------------ ------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Donald W. Burton - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (SEE INSTRUCTIONS) (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 531,600 -------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 531,600 -------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 531,600 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 5 OF 7 PAGES - ------------------------ ------------------------------------- ITEM 1. SECURITY AND ISSUER - ------------------------------- This statement relates to shares of Common Stock, Par Value $.01 Per Share (the "Shares"), of Horizon Health Corporation (the "Company"), having its principal executive offices at 1500 Waters Ridge Drive, Lewisville, TX 75057-6011. ITEM 2. IDENTITY AND BACKGROUND - ----------------------------------- This statement is being filed by The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership having its principal offices at P.O. Box 4643, Jackson, Wyoming 83001; and the general partner of The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership, Donald W. Burton. The principal business of The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership is investment in public and private stocks. The general partner's principal occupation is an investor. The business address of the general partner is c/o The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership. During the five years prior to the date hereof, neither The Burton Partnership, Limited Partnership, The Burton Partnership (QP), Limited Partnership nor its general partner has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in 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 general partner is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION - ------------------------------------------------------------------ The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership acquired a total of 531,600 shares of Horizon Health Corporation through open market transactions during a period beginning December 2, 1999 and ending November 21, 2000 at prices ranging from $4.500 to 7.291 per share, for an aggregate purchase price of $2,845,763.57. No part of the purchase price paid by The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership for shares was represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting shares of Horizon Health Corporation. ITEM 4. PURPOSE OF THE TRANSACTION - --------------------------------------- The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership has purchased the Shares for investment purposes only. a. Depending on market conditions, its continuing evaluation of the business and prospects of Horizon Health Corporation and other factors, The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership may buy or sell additional shares in the open market. Neither The Burton Partnership, Limited Partnership, The Burton Partnership (QP), Limited Partnership, nor the general partner has any present plans which relate to or would result in: b. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Horizon Health Corporation or any of its subsidiaries; c. A sale or transfer of a material amount of assets of Horizon Health Corporation or any of its subsidiaries; d. Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number of tern directors or to fill any existing vacancies on the board; e. Any material change in the present capitalization or dividend policy of Horizon Health Corporation; SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 6 OF 7 PAGES - ------------------------ ------------------------------------- f. Any other material change in Horizon Health Corporation business or corporate structure, including, but not limited to, if Horizon Health Corporation is a closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940; g. Changes in Horizon Health Corporation's charter or bylaws or other actions which may impede the acquisition if control of Horizon Health Corporation by any person; h. Causing a class of securities of Horizon Health Corporation to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; i. A class of equity securities of Horizon Health Corporation becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or j. Any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES AND THE ISSUER - ---------------------------------------------------- By virtue of his status as general partner of The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership, Donald W. Burton may thus be deemed to be beneficial owner of the 531,600 shares which The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership own of record, representing 9.1% of the Company. Donald W. Burton may thus be deemed to share with The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership the power to direct the voting and disposition of the shares which The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership own of record. The aggregate 531,600 shares purchased by The Burton Partnership, Limited Partnership and The Burton Partnership (QP), Limited Partnership were obtained in the open market transactions executed by PaineWebber Inc. between the dates of 12/2/99 and 11/21/00. The foregoing percentage was calculated based on 5,868,837 shares outstanding as of November 21, 2000. No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the shares beneficially owned by The Burton Partnership, Limited Partnership, The Burton Partnership (QP), Limited Partnership and the general partner ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT - -------------------------------------------------------------------------------- TO SECURITIES OF THE ISSUER - ------------------------------- Except as described elsewhere herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among The Burton Partnership, Limited Partnership, The Burton Partnership (QP), Limited Partnership and the general partner or between any such person and any other person with respect to the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss or the giving or withholding of proxies. SCHEDULE 13D - ------------------------ ------------------------------------- CUSIP NO. 44041Y104 PAGE 7 OF 7 PAGES - ------------------------ ------------------------------------- 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. November 21, 2000 ------------------- Date THE BURTON PARTNERSHIP, LIMITED PARTNERSHIP By: /s/ Donald W. Burton ---------------------------------- Donald W. Burton General Partner THE BURTON PARTNERSHIP (QP), LIMITED PARTNERSHIP By: /s/ Donald W. Burton ---------------------------------- Donald W. Burton General Partner DONALD W. BURTON By: /s/ Donald W. Burton ---------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----