-----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, NALPSm8NfLxdTf2u7iNExL7RzHKnLIG/LbjKnIN6n6UH2oxsZ4I5YDDX16IyBymF fTs4unlcj9NVMq+8SgxgaQ== 0000810902-96-000006.txt : 19970710 0000810902-96-000006.hdr.sgml : 19970710 ACCESSION NUMBER: 0000810902-96-000006 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19960619 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MANOR CARE INC/NEW CENTRAL INDEX KEY: 0000354604 STANDARD INDUSTRIAL CLASSIFICATION: 8051 IRS NUMBER: 521200376 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-19322 FILM NUMBER: 96582954 BUSINESS ADDRESS: STREET 1: 10750 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 BUSINESS PHONE: 3016819400 MAIL ADDRESS: STREET 1: 10750 COLUMBIA PIKE CITY: SILVER SPRING STATE: MD ZIP: 20901 FORMER COMPANY: FORMER CONFORMED NAME: MANOR CARE HOLDING CO DATE OF NAME CHANGE: 19810826 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BARON ASSET FUND CENTRAL INDEX KEY: 0000810902 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 136891420 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 450 PARK AVE STREET 2: STE 2800 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127597700 MAIL ADDRESS: STREET 1: 450 PARK AVENUE STREET 2: STE 2800 CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 SCHEDULE 13D, AMENDMENT NO. 1 Page 1 of 7 Pages UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* MANOR CARE, INC. ----------------------------------------------------- (Name of Issuer) Common Stock ----------------------------------------------------- (Title of Class of Securities) 564054104 ----------------------------------------------------- (CUSIP Number) Linda S. Martinson, Esq. (212) 759-7700 450 Park Avenue, Suite 2800, New York, NY 10022 ----------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) ----------------------------------------------------- (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 [ ]. Check the following box if a 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-7.) *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). SEC 1746 (12-91) Schedule 13D Amendment No. 1(continued) CUSIP No. 564054104 Page 2 of 7 Pages - - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ronald Baron - - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - - -------------------------------------------------------------------------------- 3 SEC USE ONLY - - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(C) OR 2(E) [ ] - - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 658,620 BENEFICIALLY -------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 3,686,564 REPORTING -------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 658,620 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 3,686,564 - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,345,184 - - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.9% - - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 3 of 7 Pages Item 1. Security and Issuer (a) Name of Issuer: Manor Care, Inc. (b) Address of Issuer's Principal Executive Offices: 10750 Columbia Pike Silver Spring, MD 20901 (c) Title and Class of Securities: Common Stock Item 2. Identity and Background (a) Name: Ronald Baron (b) Business Address: 450 Park Avenue Suite 2800 New York, NY 10022 (c) Present Principal Employment: President: Baron Capital Management, Inc., BAMCO, Inc., Baron Capital, Inc. 450 Park Avenue Suite 2800 New York, NY 10022 (d) Record of Convictions: No material change. (e) Record of Civil Proceedings: No material change. (f) Citizenship: No material change. Item 3. Source and Amount of Funds or Other Consideration Reporting Person owns 163,620 shares of the issuer directly, purchased by cash for an aggregate price of $2,727,625. As General Partner of Baron Capital Partners, L.P. and Baron Investment Partners, L.P.(the "Partnerships"), investment partnerships, he directed the purchase of 495,000 shares for the account of the Partnerships for an aggregate purchase price of $15,130,999. Those shares were paid for by cash assets in the Partnership's accounts and by margin borrowings pursuant to the standard margin agreement of Spear, Leeds & Kellogg. An additional 3,203,900 shares were purchased for an aggregate purchase price of $115,839,527 for the accounts of two investment companies registered under the Investment Company Act of 1940, Baron Asset Fund and Baron Growth & Income Fund, (the "Baron Funds"), which are advised by BAMCO, Inc. ("BAMCO"), a registered investment adviser which is controlled by Ronald Baron. An additional 482,664 shares were purchased for an aggregate purchase price of $12,677,974 for the accounts of investment advisory clients of Page 4 of 7 Pages Baron Capital Management, Inc.("BCM") a registered investment company controlled by Ronald Baron. All of those shares were paid for by cash the assets in the accounts of the investment companies and advisory clients. Item 4. Purpose of Transaction The securities referred to herein 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 acxquired in connection with or as a participant in any transaction having such purposes or effect. Filing Person reserves the right to discuss matters relating to proxy and other proposals with management and other persons. Item 5. Interest in Securities of the Issuer (a) Amount and percentage beneficially owned: Reporting Person: (i) 3,686,564 shares in his capacity as a controlling person of BAMCO and BCM . Reporting Person disclaims that he is the beneficial owner of these shares. (ii) 495,000 shares in his capacity as General Partner of the Partnerships. (iii) 163,620 shares personally. (b) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 658,620 (ii) shared power to vote or direct the vote: 3,686,564 (iii) sole power to dispose or to direct the disposition: 658,620 (iv) shared power to dispose or direct the disposition: 3,686,564 Reporting Person may be deemed to share power to vote and dispose of shares referred to herein as a result of his control of the investment advisers for whose advisory clients he is reporting. He may be deemed to have sole power to vote and direct the disposition of the shares referred to above to by reason of being a general partner of the Partnerships. (c) A schedule of transactions effected in the last sixty days is attached hereto as Exhibit 99. (d) Ownership of More than Five Percent on Behalf of Another Person: The investment advisory clients have the right to receive the dividends from, or the proceeds from the sale of the securities in their respective accounts. To the best of Reporting Person's knowledge, no person has such interest relating to more than 5% of the outstanding class of securities. (e) Ownership of Less than Five Percent: Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer No material change. Page 5 of 7 Pages Item 7. Material to be Filed as Exhibits Exhibit 99 - 60 days of trading. 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: June 18, 1996 /s/ Ronald Baron _______________________________________ Ronald Baron EX-99 2 60-DAY TRANSACTION SCHEDULE Transaction Schedule From 04-18-96 To 06-17-96 Exec. Date Account ID Quantity Price - - -------- ---------- --------- ----- 04-18-96 baf 50,100 37.1056 04-18-96 bcm 2,000 37.1056 04-18-96 bgi 5,000 37.1056 04-19-96 baf 39,800 37.7989 04-19-96 bgi 5,000 37.7989 04-22-96 baf 35,000 39.0848 04-22-96 bgi 5,000 39.0848 04-23-96 baf 45,000 39.2622 04-23-96 bcm 1,500 39.2622 04-23-96 bgi 5,000 39.2622 04-24-96 baf 33,000 39.4642 04-24-96 bgi 5,000 39.4642 04-25-96 baf 32,000 39.4571 04-26-96 baf 40,700 39.072 04-26-96 bgi 5,000 39.072 04-29-96 baf 39,300 39.412 04-29-96 bgi 5,000 39.412 04-30-96 baf 51,500 39.8003 05-01-96 baf 43,500 40.2683 05-01-96 bcp 27,000 40.2683 05-01-96 bgi 5,000 40.2683 05-02-96 baf 70,000 40.0654 05-02-96 bcp 13,000 40.0654 05-02-96 bgi 5,000 40.0654 05-03-96 baf 50,000 39.5462 05-03-96 bcp 5,000 39.5462 05-03-96 bgi 10,000 39.5462 05-06-96 baf 35,000 38.9585 05-06-96 bcp 5,000 38.9585 05-07-96 baf 40,000 39.4184 05-07-96 bcp 5,000 39.4184 05-08-96 baf 55,000 38.9444 05-08-96 bcp 5,000 38.9444 05-09-96 baf 30,000 39.7684 05-10-96 baf 50,000 39.5 05-10-96 baf 39,500 39.5469 05-10-96 bcm 1,500 39.5469 05-10-96 bcp 10,000 39.5469 05-10-96 bgi 5,000 39.5469 05-13-96 baf 30,500 39.642 05-13-96 bcm 2,000 39.642 05-13-96 bgi 5,000 39.642 05-14-96 baf 40,000 40.3584 05-14-96 bgi 5,000 40.3584 05-15-96 baf 40,000 39.9437 05-15-96 bcp 5,000 39.9437 05-15-96 bgi 5,000 39.9437 05-16-96 baf 60,000 40 05-16-96 bcp 5,000 40 05-16-96 bgi 7,000 40 05-17-96 baf 20,000 40.2864 05-17-96 bgi 3,000 40.2864 05-20-96 baf 15,100 40.4832 05-20-96 bgi 5,000 40.4832 05-21-96 baf 24,900 40.207 05-21-96 bgi 5,000 40.207 05-22-96 baf 20,000 39.8125 05-22-96 bgi 5,000 39.8125 05-23-96 baf 25,000 39.935 05-23-96 bcp 5,000 39.935 05-23-96 bgi 5,000 39.935 05-24-96 baf 25,000 39.798 05-24-96 bcp 5,000 39.798 05-28-96 baf 25,000 39.55 05-29-96 baf 40,000 39.3438 05-30-96 baf 35,000 38.7858 05-31-96 baf 50,000 38.8737 06-03-96 baf 20,000 38.898 06-03-96 bip 10,000 38.898 06-04-96 baf 25,500 38.9013 06-04-96 bcp 4,000 38.9013 06-04-96 bip 20,000 38.9013 06-05-96 baf 39,500 39.3854 06-05-96 bip 6,000 39.3854 06-06-96 baf 22,800 39.167 06-06-96 bgi 10,000 39.167 06-07-96 baf 27,200 38.8254 06-10-96 baf 25,000 38.5 06-11-96 baf 15,000 38.8334 06-12-96 baf 15,000 39.0142 06-13-96 baf 10,000 38.6875 06-13-96 bcm 10,000 38.6875 06-14-96 baf 20,000 38.583 06-14-96 bcm 5,000 38.583 06-17-96 baf 18,900 38.1994 06-17-96 bcp 5,000 38.1994 06-17-96 bgi 5,000 38.1994 -----END PRIVACY-ENHANCED MESSAGE-----