-----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, Ej6jBbJwdYdXpCiHJD1qspsojS+yKbymFs8yJo1HKM/cB1CsqiTQuz/ny7+gbn5w RwBo8IlI9/sOVAxSk37cjg== 0000930661-98-002502.txt : 19981124 0000930661-98-002502.hdr.sgml : 19981124 ACCESSION NUMBER: 0000930661-98-002502 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981123 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COLORADO MEDTECH INC CENTRAL INDEX KEY: 0000720013 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 840731006 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-37738 FILM NUMBER: 98756672 BUSINESS ADDRESS: STREET 1: 6175 LONGBOW DR CITY: BOULDER STATE: CO ZIP: 80301 BUSINESS PHONE: 3035302660 MAIL ADDRESS: STREET 1: 6175 LONGBOW DRIVE CITY: BOULDER STATE: CO ZIP: 80301 FORMER COMPANY: FORMER CONFORMED NAME: CYBERMEDIC INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VENCOR INC CENTRAL INDEX KEY: 0001060009 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-NURSING & PERSONAL CARE FACILITIES [8050] IRS NUMBER: 611323993 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3300 AEGON CENTER STREET 2: 400 WEST MARKET ST CITY: LOUISVILLE STATE: KY ZIP: 40202 BUSINESS PHONE: 5025967300 MAIL ADDRESS: STREET 1: 3300 AEGON CENTER STREET 2: 400 WEST MARKET ST CITY: LOUISVILLE STATE: KY ZIP: 40202 SC 13D/A 1 SCHEDULE 13D (AMENDMENT NO. 2) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* COLORADO MEDTECH, INC. ---------------------- (Name of Issuer) Common Stock, No Par Value -------------------------- Title of Class of Securities 19652U 10 4 ------------ (CUSIP Number) Jill L. Force, Senior Vice President and General Counsel, Vencor, Inc., 3300 Aegon Center, 400 West Market Street, Louisville, Kentucky 40202 (502) 596-7300 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 3, 1998 - -------------------------------------------------------------------------------- (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: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) 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 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). CUSIP No. 19652U 10 4 SCHEDULE 13D Page 2 of 9 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS Vencor, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS 61-1323993 - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ----- (b) X ----- - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS Not applicable. - ------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) Not applicable. - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY (7) SOLE VOTING POWER OWNED BY EACH REPORTING PERSON -0- WITH (8) SHARED VOTING POWER -0- (9) SOLE DISPOSITIVE POWER -0- (10) SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See instructions) Not applicable - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) -0- - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See instructions) HC CUSIP No. 19652U 10 4 SCHEDULE 13D Page 3 of 9 Pages - -------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS Vencor Operating, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS 52-2085484 ------------------------------------------------------------------------------- . (CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ----- (b) X ----- - ------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS Not applicable - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) Not applicable. - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY (7) SOLE VOTING POWER OWNED BY EACH REPORTING PERSON -0- WITH (8) SHARED VOTING POWER -0- (9) SOLE DISPOSITIVE POWER -0- (10) SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - ------------------------------------------------------------------------------- 12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See instructions) Not applicable - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) -0- - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON (See instructions) CO CUSIP No. 19652U 10 4 Page 4 of 9 Pages AMENDMENT NO. 2 TO SCHEDULE 13D OF VENCOR, INC. This Amendment No. 2 amends and supplements the Statement on Schedule 13D, dated April 30, 1998, and Amendment No. 1 to Schedule 13D dated September 30, 1998 filed by Vencor, Inc. and Vencor Operating, Inc., with respect to the common stock, no par value per share, of Colorado MEDtech, Inc. (the "Amendment No. 2"). Such Schedule 13D is hereby amended to add or replace information as specified below to the items indicated. This Amendment No. 2 is being filed to indicate that the Reporting Persons no longer own beneficially any securities of the Issuer. ITEM 1. SECURITY AND ISSUER. -------------------- This Amendment relates to shares of common stock, no par value per share (the "Common Stock"), of Colorado MEDtech, Inc. ("Issuer"). The principal executive offices of the Issuer are located at 6175 Longbow Drive, Boulder, Colorado 80301. ITEM 2. IDENTITY AND BACKGROUND. ------------------------ (a) This Amendment No. 2 is being filed by Vencor, Inc., a Delaware corporation ("Vencor") and Vencor Operating, Inc., a Delaware corporation ("Vencor Operating") (collectively, the "Reporting Persons"). Vencor Operating is a wholly owned subsidiary of Vencor. (b) The address of the principal business and the principal office of each of Vencor and Vencor Operating is 3300 Aegon Center, 400 West Market Street, Louisville, Kentucky 40202. The principal business of Vencor and Vencor Operating is the operation of long-term hospitals, nursing centers and other ancillary services. (c) The name, business address, principal occupation or employment of each director and executive officer of Vencor is set forth in the table below. OFFICE AND NAME PRINCIPAL OCCUPATION BUSINESS ADDRESS ----- -------------------- ---------------- W. Bruce Lunsford Chairman of the Board 3300 Aegon Center and Chief Executive Officer 400 West Market Street of Vencor Louisville, KY 40202
CUSIP No. 19652U 10 4 Page 5 of 9 Pages Edward L. Kuntz Director, President and Chief 3300 Aegon Center Operating Officer of Vencor 400 West Market Street Louisville, KY 40202 Richard A. Schweinhart Chief Financial Officer and 3300 Aegon Center Senior Vice President of Vencor 400 West Market Street Louisville, KY 40202 Richard E. Chapman Senior Vice President and Chief 3300 Aegon Center Information Officer 400 West Market Street Louisville, KY 40202 Jill L. Force Senior Vice President and General 3300 Aegon Center Counsel of Vencor 400 West Market Street Louisville, KY 40202 James H. Gillenwater, Jr. Senior Vice President, Planning 3300 Aegon Center and Development of Vencor 400 West Market Street Louisville, KY 40202 Richard A. Lechleiter Vice President of Finance and 3300 Aegon Center Corporate Controller of Vencor 400 West Market Street Louisville, KY 40202 Ulysses L. Bridgeman, Jr. President of Bridgeman Foods, 12910 Shelbyville Road Inc., a franchisee of Wendy's Old Suite 104 Fashioned Hamburger Restaurants; Louisville, KY 40243 Director of Vencor Elaine L. Chao Distinguished Fellow of The 214 Massachusetts Ave., NE Heritage Foundation; Director of Washington, DC 20002-4999 Vencor Donna R. Ecton Former Chief Operating Officer of 5602 East Via Buena Vista PETsMART, Inc., a pet supplies Paradise Valley, AZ 85253 retailer; Director of Vencor Stanley C. Gault Retired Chairman and Chief 1147 Akron Road Executive Officer of the Goodyear Wooster, OH 44691-6000 Tire & Rubber Company; Director of Vencor
CUSIP No. 19652U 10 4 Page 6 of 9 Pages William H. Lomicka President of Mayfair Capital, 2510 Aegon Center Inc., a private investment firm; 400 West Market Street Director of Vencor Louisville, KY 40202 R. Gene Smith Chairman of the Board of Taco 3600 National City Tower Tico, Inc., an operator of 101 South Fifth Street Mexican fast-food restaurants; Louisville, KY 40202 President of New Jersey Blockbuster, Ltd., holder of Blockbuster Video franchises from 1987 through 1995; Managing General Partner of Direct Programming Services, a provider of direct broadcast satellite television services since 1993; Director and Vice Chairman of Vencor
The name, business address, principal occupation or employment of each director and executive officer of Vencor Operating is set forth in the table below.
OFFICE AND NAME PRINCIPAL OCCUPATION BUSINESS ADDRESS ---- -------------------- ---------------- Edward L. Kuntz President and Chief Operating 3300 Aegon Center Officer of Vencor Operating. Mr. 400 West Market Street Kuntz's principal occupation is Louisville, KY 40202 Director, President and Chief Operating Officer of Vencor Jill L. Force Senior Vice President and General 3300 Aegon Center Counsel of Vencor Operating. Ms. 400 West Market Street Force's principal occupation is Louisville, KY 40202 Senior Vice President and General Counsel of Vencor
CUSIP No. 19652U 10 4 Page 7 of 9 Pages Richard E. Chapman Senior Vice President and Chief 3300 Aegon Center Information Officer of Vencor 400 West Market Street Operating. Mr. Chapman's Louisville, KY 40202 principal occupation is Senior Vice President and Chief Information Officer of Vencor. James H. Gillenwater, Jr. Senior Vice President of Planning 3300 Aegon Center and Development 400 West Market Street of Vencor Operating. Mr. Louisville, KY 40202 Gillenwater's principal occupation is Senior Vice President, Planning and Development of Vencor Richard A. Lechleiter Vice President of Finance and 3300 Aegon Center Corporate Controller of Vencor 400 West Market Street Operating. Mr. Lechleiter's Louisville, KY 40202 principal occupation is Vice President of Finance and Corporate Controller of Vencor W. Bruce Lunsford Chairman of the Board and Chief 3300 Aegon Center Executive Officer of Vencor 400 West Market Street Operating. Mr. Lunsford's Louisville, KY 40202 principal occupation is Chairman of the Board and Chief Executive Officer of Vencor Richard A. Schweinhart Chief Financial Officer and 3300 Aegon Center Senior Vice President of Vencor 400 West Market Street Operating. Mr. Schweinhart's Louisville, KY 40202 principal occupation is Chief Financial Officer and Senior Vice President of Vencor
(d) Each of the above listed directors and executive officers of Vencor and Vencor Operating is a United States citizen. CUSIP No. 19652U 10 4 Page 8 of 9 Pages (e) Neither Vencor, Vencor Operating nor any of their respective directors or executive officers have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor are any of them been 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. ITEM 3. SOURCE AND AMOUNTS OF FUNDS OR OTHER CONSIDERATION. --------------------------------------------------- On October 27, 1998, the Reporting Persons exercised existing Director Warrants issued by the Issuer to acquire 60,000 shares of the Issuer's Common Stock for a total consideration of approximately $92,700. The Reporting Persons used working capital to pay the consideration for this exercise. ITEM 4. PURPOSE OF TRANSACTION. ----------------------- Not Applicable. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. ------------------------------------- On November 3, 1998, the Reporting Persons completed the sale of 3,560,000 shares (the "Shares") of Common Stock of the Issuer. The Shares were sold pursuant to a Registration Statement on Form S-3 filed by the Issuer which became effective on November 3, 1998. The Reporting Persons received $6.375 per share for the Shares which resulted in net proceeds of approximately $22 million to the Reporting Persons. The Reporting Persons ceased to be the beneficial owners of more than five percent of the Common Stock on November 3, 1998. The Reporting Persons no longer own beneficially any shares of Common Stock. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT --------------------------------------------------------------------- TO SECURITIES OF THE ISSUER. - ---------------------------- Not Applicable. CUSIP No. 19652U 10 4 Page 9 of 9 Pages ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. --------------------------------- Exhibit No. Description Page No. - ----------- ----------- -------- Exhibit 1 Joint Filing Agreement Previously filed with the Schedule 13D dated April 30, 1998 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: November 23, 1998 VENCOR, INC. By: /s/ W. Bruce Lunsford ---------------------------------- W. Bruce Lunsford, Chairman of the Board and Chief Executive Officer 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: November 23, 1998 VENCOR OPERATING, INC. By: /s/ W. Bruce Lunsford ---------------------------------- W. Bruce Lunsford, Chairman of the Board and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----