(Page 1 of 44 Pages)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)(1)
SELECT MEDICAL CORPORATION
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)
816196 10 9
--------------------------------------------------------------------------------
(CUSIP Number)
Welsh, Carson, Anderson & Stowe IX, L.P. Select Medical Corporation Ropes & Gray LLP
320 Park Avenue, Suite 2500 4716 Old Gettysburg Road 45 Rockefeller Plaza
New York, NY 10022 Mechanicsburg, PA 17055 New York, NY 10111
Attn: Jonathan M. Rather Attn: Michael E. Tarvin Attn: Othon A. Prounis
Tel: (212) 893-9500 Tel: (717) 972-1100 Tel: (212) 841-5700
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 13, 2005
--------------------------------------------------------------------------------
(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(e), 13d-1(f) or 13d-1(g), check the
following box |X|(2)
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
(Continued on following pages)
--------
(1) 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.
(2) The filing person who has previously filed a statement on Schedule 13G is
Rocco A. Ortenzio.
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).
(Page 2 of 44 Pages)
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CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
EGL Holding Company
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO/Not Applicable
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
8,438,392* shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,438,392* shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.9%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Reflects 8,438,392 shares of Common Stock of Select Medical Corporation to be
contributed to EGL Holding Company pursuant to (a) the various Agreements, dated
October 17, 2004, December 20, 2004 and January 13, 2005, among EGL Holding
Company and the various rollover investors referred to therein, and (b) an
understanding among EGL Holding Company and certain individuals.
(Page 3 of 44 Pages)
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CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Welsh, Carson, Anderson & Stowe IX, L.P.
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO/Not Applicable
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
8,438,392* shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,438,392* shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.9%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
* Reflects 8,438,392 shares of Common Stock of Select Medical Corporation to be
contributed to EGL Holding Company pursuant to (a) the various Agreements, dated
October 17, 2004, December 20, 2004 and January 13, 2005, among EGL Holding
Company and the various rollover investors referred to therein, and (b) an
understanding among EGL Holding Company and certain individuals.
(Page 4 of 44 Pages)
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CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
WCAX IX Associates, L.L.C.
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO/Not Applicable
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
8,438,392* shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,438,392* shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.9%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
* Reflects 8,438,392 shares of Common Stock of Select Medical Corporation to be
contributed to EGL Holding Company pursuant to (a) the various Agreements, dated
October 17, 2004, December 20, 2004 and January 13, 2005, among EGL Holding
Company and the various rollover investors referred to therein, and (b) an
understanding among EGL Holding Company and certain individuals.
(Page 5 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Patrick J. Welsh
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 125,000 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 125,000 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
125,000 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 6 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Russell L. Carson
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 726,960 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 726,960 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
726,960 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less Than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 7 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Bruce K. Anderson
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 618,910 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 618,910 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
618,910 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less Than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 8 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Thomas E. McInerney
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 450,984 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 450,984 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
450,984 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less Than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 9 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Robert A. Minicucci
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 88,626 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 88,626 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
88,626 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less Than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 10 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Anthony J. de Nicola
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 19,483 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 19,483 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,483 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less Than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 11 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Thoma Cressey Fund VI, L.P.
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 2,098,596 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
2,098,596 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,098,596 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(Page 12 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Thoma Cressey Friends Fund VI, L.P.
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 2,098,596 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
2,098,596 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,098,596 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(Page 13 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TC Partners VI, L.P.
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO/Not Applicable
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 2,098,596 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
2,098,596 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,098,596 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(Page 14 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Thoma Cressey Equity Partners, Inc.
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO/Not Applicable
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 2,098,596 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
2,098,596 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,098,596 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
(Page 15 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Bryan C. Cressey
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 218,092 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 2,098,596 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 218,092 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
2,098,596 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,316,688 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 16 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Kenneth Melkus
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 38,845 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
38,845 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
38,845 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 17 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Rocco A. Ortenzio
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 12,151,025 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 418,266 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 12,151,025 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
418,266 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,569,291 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.5%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 18 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Robert A. Ortenzio
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 5,403,336 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 459,284 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 5,403,336 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
459,284 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,862,620 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.6%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 19 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
John M. Ortenzio
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 457,406 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 15,000
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 457,406 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
15,000
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
472,406 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 20 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Martin J. Ortenzio
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 284,676 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 284,676 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,676 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 21 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Martin J. Ortenzio Descendants Trust
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 191,958 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 191,958 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
191,958 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
(Page 22 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Ortenzio Family Foundation
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 380,386 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 380,386 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
380,386 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
(Page 23 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Patricia A. Rice
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 539,603 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 200,000 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 539,603 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
200,000 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
739,603 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 24 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Martin F. Jackson
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 637,770 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 4,000 shares
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 637,770 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
4,000 shares
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
641,770 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 25 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
S. Frank Fritsch
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 258,936 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 258,936 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
258,936 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 26 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Michael E. Tarvin
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 160,818 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 160,818 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
160,818 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 27 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
James J. Talalai
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 170,932 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 170,932 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,932 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 28 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Scott A. Romberger
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 149,771 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 149,771 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
149,771 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 29 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Kenneth L. Moore
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 171,617 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 171,617 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
171,617 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 30 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Joel T. Veit
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 38,159 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 4,000
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 38,159 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
4,000
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
42,159 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 31 of 44 Pages)
--------------------------------------------------------------------------------
CUSIP No. 816196 10 9
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Meyer Feldberg
EIN No.:
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)|X|
(b)|_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_|
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 37,440 shares
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 37,440 shares
WITH ----------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
37,440 shares
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1.0%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(Page 32 of 44 Pages)
AMENDMENT NO. 2 TO SCHEDULE 13D
Reference is hereby made to the statement on Schedule 13D originally
filed with the Securities and Exchange Commission (the "Commission") on October
20, 2004 and Amendment No. 1 thereto filed with the Commission on December 21,
2004 (as amended from time to time, the "Schedule 13D"). Items 1, 2, 3, 4, 5, 6
and 7 of the Schedule 13D are hereby amended and restated as follows:
Item 1. Security and Issuer.
The class of equity securities to which the Schedule 13D relates is the
Common Stock, par value $.01 per share ("Common Stock"), of Select Medical
Corporation, a Delaware corporation (the "Issuer"). The address of the principal
executive offices of the Issuer is 4716 Old Gettysburg Road, Mechanicsburg,
Pennsylvania 17055.
Item 2. Identity and Background.
(a) Name
----
This Schedule 13D is being filed on behalf of each of the following
persons pursuant to Rule 13d-1(k) promulgated by the Commission pursuant to
Section 13 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"): EGL Holding Company, a Delaware corporation ("Holdings"), Welsh, Carson,
Anderson & Stowe IX, L.P., a Delaware limited partnership ("WCAS IX"), WCAS IX
Associates, L.L.C., a Delaware limited liability company ("WCAS IX Associates"),
Patrick J. Welsh, Russell L. Carson, Bruce K. Anderson, Thomas E. McInerney,
Robert A. Minicucci, Anthony J. de Nicola, Thoma Cressey Fund VI, L.P., a
Delaware limited partnership ("TCEP VI"), Thoma Cressey Friends Fund VI, L.P., a
Delaware limited partnership ("TCEP Friends"), TC Partners VI, L.P., a Delaware
limited partnership ("TC GP"), Thoma Cressey Equity Partners, Inc., a Delaware
corporation ("TCEP"), Bryan C. Cressey, Kenneth Melkus, Rocco A. Ortenzio,
Robert A. Ortenzio, John M. Ortenzio, Martin J. Ortenzio, the Martin J. Ortenzio
Descendants Trust, the Ortenzio Family Foundation, Patricia A. Rice, Martin F.
Jackson, S. Frank Fritsch, James J. Talalai, Michael E. Tarvin, Scott A.
Romberger, Kenneth L. Moore, Joel T. Veit and Meyer Feldberg.
WCAS IX is the sole stockholder of Holdings. Sean M. Traynor and Eric
J. Lee are officers and the directors of Holdings. Russell L. Carson is also an
officer of Holdings. WCAS IX Associates is the sole general partner of WCAS IX.
Each of the following individuals are managing members of WCAS IX Associates:
Patrick J. Welsh, Russell L. Carson, Bruce K. Anderson, Thomas E. McInerney,
Robert A. Minicucci, Anthony J. de Nicola, Paul B. Queally, D. Scott Mackesy,
Sanjay Swani, John D. Clark, James R. Matthews, Sean D. Traynor, John Almeida,
and Jonathan M. Rather (collectively, the "WCAS Persons" and together with Eric
J. Lee and Kenneth Melkus, the "WCAS Individuals"). The WCAS Individuals (other
than Kenneth Melkus) are each employees of an affiliate of WCAS IX Associates.
Kenneth Melkus is an individual who often co-invests with WCAS IX and its
affiliates. Russell L. Carson is a director of the Issuer.
TCEP is the general partner of TC GP and TC GP is the general partner
of each of TCEP VI and TCEP Friends. Bryan C. Cressey (collectively with TCEP
VI, TCEP Friends, TC GP and TCEP, the "TCEP Investors") is a principal at TCEP
and a director of the Issuer.
Each of Rocco A. Ortenzio, Robert A. Ortenzio Patricia A. Rice, Martin
F. Jackson, S. Frank Fritsch, James J. Talalai, Michael E. Tarvin, Scott A.
Romberger, Kenneth L. Moore, Joel T. Veit and Meyer Feldberg (collectively, the
"SEM Persons") are directors and/or executive officers or employees of the
Issuer.
John M. Ortenzio and Martin J. Ortenzio are individuals related to
Rocco A. Ortenzio and Robert A. Ortenzio and who often co-invest with Rocco A.
Ortenzio and Robert A. Ortenzio. The Martin J. Ortenzio Descendants Trust is a
trust for the benefit of Martin J. Ortenzio's children which has John M.
Ortenzio as trustee. The Ortenzio Family Foundation (collectively with John M.
Ortenzio, Martin J. Ortenzio and the Martin J. Ortenzio Descendants Trust, the
"Other Ortenzio Investors") is a not-for-profit charitable foundation controlled
by Rocco A. Ortenzio.
(Page 33 of 44 Pages)
The reporting persons are making this single, joint filing because they
may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of
the Exchange Act. Each of the aforementioned reporting persons has entered into
an Amended and Restated Joint Filing Agreement, a copy of which is filed with
this Schedule 13D as Exhibit A, pursuant to which such persons have agreed to
file this Schedule 13D jointly in accordance with the provisions of Rule
13d-1(k)(1) under the Exchange Act.
Information in this Schedule 13D with respect to each of the reporting
persons is given solely by such reporting person, and no reporting person
assumes responsibility for the accuracy or completeness of information provided
by another reporting person.
(b) Principal Address
-----------------
The principal address of each of Holdings, WCAS IX, WCAS IX Associates
and each WCAS Individual (other than Kenneth Melkus) is c/o Welsh, Carson,
Anderson & Stowe, 320 Park Avenue, Suite 2500, New York, New York 10022. The
principal address of Kenneth Melkus is 102 Woodmont Blvd., Suite 100, Nashville,
Tennessee 37203.
The principal address of each TCEP Investor is 233 Wacker Drive, 92nd
Floor, Chicago, Illinois 60606.
The principal address of each SEM Person is c/o Select Medical
Corporation, 4716 Old Gettysburg Road, Mechanicsburg, Pennsylvania 17055.
The principal address of each of the Other Ortenzio Investors is 4716
Old Gettysburg Road, Mechanicsburg, Pennsylvania 17055.
(c) Principal Business
------------------
The principal business of Holdings will be the acquisition of the
outstanding shares of the Issuer (as described in Item 4 below). The principal
business of WCAS IX is that of an investment limited partnership. The principal
business of WCAS IX Associates is that of general partner of WCAS IX. The
principal business of each WCAS Individual (other than Kenneth Melkus) is that
of an employee of an affiliate of WCAS IX Associates and, other than Eric J. Lee
and Kenneth Melkus, a managing member of WCAS IX Associates. The principal
business of Kenneth Melkus is that of a private investor.
The principal business of TCEP VI and TCEP Friends is that of an
investment limited partnership. The principal business of TC GP is that of
general partner of TCEP VI and TCEP Friends. The principal business of TCEP is
that of general partner of TC GP and other similar partnerships. The principal
business of Bryan C. Cressey is that of a principal of TCEP.
The principal business of each SEM Person is that of a director and/or
executive officer or employee of the Issuer.
The principal business of John M. Ortenzio is real estate development.
The principal business of Martin J. Ortenzio is that of a party supply store
owner. The principal business of the Martin J. Ortenzio Descendants Trust is
that of a trust for the benefit of Martin J. Ortenzio's children. The principal
business of the Ortenzio Family Foundation is that of a charitable organization.
(d and e) No Convictions or Proceedings.
-----------------------------
During the last five years, none of the reporting persons or other
individuals for which information has been provided in this Item 2, as
applicable: (i) has been convicted in any criminal proceeding (excluding traffic
violations or similar misdemeanors) or (ii) has been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction
resulting in his being subject to a judgment, decree or final order enjoining
future violations of,
(Page 34 of 44 Pages)
or prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Citizenship
-----------
Each WCAS Individual (other than D. Scott Mackesy), Bryan C. Cressey,
each SEM Person, John M. Ortenzio and Martin J. Ortenzio is a citizen of the
United States. D. Scott Mackesy is a citizen of Canada.
Item 3. Source and Amount of Funds or Other Consideration.
Holdings, WCAS IX and WCAS IX Associates may be deemed to have acquired
beneficial ownership of 8,455,392 shares of Common Stock pursuant to (a) the
Agreement, dated October 17, 2004 (the "Initial Rollover Agreement"), between
Holdings, the TCEP Investors and certain of the SEM Persons, (b) the Agreement,
dated December 20, 2004 (the "Subsequent Rollover Agreement"), between Holdings
and certain of the SEM Persons, (c) the Agreement, dated January 13, 2005
(collectively with the Initial Rollover Agreement and Subsequent Rollover
Agreement, the "Rollover Agreements"), between Holdings, certain of the SEM
Persons and the Other Ortenzio Investors and (d) an understanding among Holdings
and the WCAS Individuals who are reporting persons. However, such reporting
persons expressly disclaim beneficial ownership of the shares of Common Stock
covered by the Rollover Agreements or such understanding.
Subject to the terms of the Rollover Agreements, each TCEP Investor,
each SEM Person and each Other Ortenzio Investor has agreed to (i) contribute
certain of their shares of Common Stock to Holdings prior to the consummation of
the Merger (as defined in Item 4 below) and in return receive equity interests
in Holdings, (ii) enter into certain agreements with Holdings, WCAS IX and other
equity investors selected by Holdings with respect to such contribution and
(iii) not to transfer any such shares of Common Stock prior to consummation of
the Merger without the consent of Holdings. Any contributed shares will be
cancelled in the Merger. In addition, pursuant to such agreements, the SEM
Persons who are employees of the Issuer will execute various restricted stock
award and employment agreements as well as receive other cash incentives in
connection with their continuing employment by the surviving corporation
following consummation of the Merger.
The foregoing descriptions of the Rollover Agreements are qualified in
their entirety by reference to such agreements, copies of which are attached
hereto as Exhibits B, I and J, respectively, and are incorporated herein by
reference.
To the extent any WCAS Individual who is a reporting person directly
beneficially owns any shares of Common Stock (as set forth in Item 5 below),
such shares were purchased by such reporting person using such reporting
person's personal funds or received pursuant to distributions made to such
reporting person by investment partnerships affiliated with WCAS IX. To the
extent any TCEP Investor directly beneficially owns any shares of Common Stock
(as set forth in Item 5 below), such shares were purchased by each such
reporting person using such reporting person's personal funds. To the extent any
SEM Person directly beneficially owns any shares of Common Stock (as set forth
in Item 5 below), such shares were purchased, directly or indirectly, by such
reporting person using such reporting person's personal funds or pursuant to the
cashless exercise of options. To the extent any Other Ortenzio Investor (other
then the Ortenzio Family Foundation) directly beneficially owns any shares of
Common Stock (as set forth in Item 5 below), such shares were purchased by such
reporting person using such reporting peron's personal funds or working capital.
To the extent the Ortenzio Family Foundation directly beneficially owns any
shares of Common Stock (as set forth in Item 5 below), such shares were
contributed to such reporting person by Rocco A. Ortenzio.
Item 4. Purpose of Transaction.
(a through j) On October 17, 2004, Holdings, EGL Acquisition Corp., a
Delaware corporation ("Acquisition"), and the Issuer entered into an Agreement
and Plan of Merger, a copy of which is attached hereto as Exhibit C (the "Merger
Agreement"), pursuant to which Acquisition, a wholly owned subsidiary of
Holdings, will be merged with and into the Issuer, with the Issuer continuing as
the surviving corporation (the "Merger"). Following the
(Page 35 of 44 Pages)
consummation of the Merger, the Issuer will be a wholly owned subsidiary of
Holdings. Under the terms of the Merger Agreement, each existing share of Common
Stock, other than shares held by WCAS IX or its affiliates, treasury shares and
dissenting shares, will be converted into the right to receive $18.00 in cash
(the "Merger Consideration"). In addition, all outstanding options for Common
Stock will be converted into the right to receive the Merger Consideration less
the exercise price of such options. The Merger remains subject to the
satisfaction or waiver of the conditions set forth in the Merger Agreement,
including obtaining approval of the existing shareholders of the Issuer.
Pursuant to the Merger Agreement, the board of directors of Acquisition
at the effective time of the Merger will become the board of directors of the
Issuer. In addition, at the effective time of the Merger, the certificate of
incorporation of the Issuer will be amended and restated at the effective time
of the Merger to conform to an exhibit attached to the Merger Agreement (the
bylaws of the Issuer will not change). If the Merger is consummated, the Common
Stock will be delisted from the New York Stock Exchange and will be deregistered
under Section 12(g)(4) of the Exchange Act.
The foregoing description of the Merger Agreement is qualified in its
entirety by reference to such agreement, a copy of which is attached hereto as
Exhibit C, and is incorporated herein by reference.
In addition to the transactions contemplated by the Rollover
Agreements, the Merger is expected to be financed by equity investments in
Holdings to be made by certain of the reporting persons and related investors,
certain loan arrangements to be entered into by Holdings and the Issuer with JP
Morgan Chase Bank, Wachovia Bank, National Association and Merrill Lynch Capital
Corporation (collectively, the "Lenders"), and a loan to be made to Holdings by
WCAS Capital Partners IV, L.P., a Delaware limited partnership ("WCAS CP IV")
and an affiliate of WCAS IX. The specific investments and loans are discussed
below.
Pursuant to an Equity Commitment Letter, dated as of October 17, 2004
(the "WCAS Equity Commitment Letter"), by and between Holdings and WCAS IX, a
copy of which is attached hereto as Exhibit D, WCAS IX and certain related
investors, including the WCAS Persons, will provide up to $567.2 million in cash
to Holdings in return for equity interests in Holdings. The cash proceeds of
such investment will be contributed by Holdings to Acquisition to finance a
portion of the consideration for the Merger. Also, Holdings has an understanding
with the WCAS Individuals who are reporting persons that such WCAS Individuals
will contribute certain of their shares of Common Stock to Holdings prior to the
consummation of the Merger and in return receive equity interests in Holdings.
Any contributed shares will be cancelled in the Merger. In addition, pursuant to
the WCAS Equity Commitment Letter, a designee of WCAS IX, as agent for various
entities, will receive a financing fee equal to $24.6 million and WCAS IX and
its affiliates will be reimbursed for all of their out-of-pocket fees and
expenses.
Pursuant to an Equity Commitment Letter, dated as of October 17, 2004
(the "TCEP Equity Commitment Letter"), by and between Holdings and Thoma Cressey
Fund VII, L.P., a Delaware limited partnership ("TCEP VII"), a copy of which is
attached hereto as Exhibit E, TCEP VII and certain related investors, each of
which are affiliates of one or more of the TCEP Investors, will provide up to
$50.0 million in cash to Holdings in return for equity interests in Holdings.
The cash proceeds of such investment will be contributed by Holdings to
Acquisition to finance a portion of the consideration for the Merger. In
addition, WCAS IX and TCEP VII have an understanding that TCEP VII, or its
designee will be entitled to receive a portion of the financing fee payable
pursuant to the WCAS Equity Commitment Letter and TCEP VII and its affiliates
will be reimbursed for all of their out-of-pocket fees and expenses.
Pursuant to a Senior Secured Credit Facilities and Senior Subordinated
Bridge Facility Commitment Letter, dated October 17, 2004, as amended and
restated as of December 20, 2004 (the "Debt Commitment Letter"), by and among
Holdings and the Lenders, a copy of which is attached hereto as Exhibit F, the
Lenders have agreed to provide (i) a $580.0 million senior secured term loan
facility and (ii) a $300.0 million revolving credit facility (collectively, the
"Bank Facility"). The Debt Commitment Letter contemplates that the Issuer and/or
Holdings will issue an aggregate $660.0 million unsecured senior subordinated
notes (the "Notes") pursuant to a Rule 144A offering. In the event that the
Notes are not issued at the time the Merger is consummated, the Lenders have
agreed to provide a bridge loan facility in the amount of up $660.0 million
under a senior unsecured credit facility (the "Bridge Facility"). The Bank
Facility and the Bridge Facility are expected to contain customary terms and
conditions, including, without
(Page 36 of 44 Pages)
limitation, with respect to fees, indemnification and events of default. A
portion of the proceeds of these loan arrangements will be used to finance a
portion of the consideration for the Merger.
Pursuant to a Commitment Letter, dated as of October 17, 2004 (the "CP
IV Commitment Letter"), by and between Holdings and WCAS CP IV, a copy of which
is attached hereto as Exhibit G, WCAS CP IV will provide up to $150.0 million in
cash to Holdings in return for a senior subordinated note. The cash proceeds of
such loan will be contributed by Holdings to Acquisition to finance a portion of
the consideration for the Merger. In addition, in consideration for making this
loan, WCAS CP IV will receive an agreed upon amount of equity interests in
Holdings. Pursuant to the CP IV Commitment Letter, WCAS CP IV and its affiliates
will be reimbursed for all of their out-of-pocket fees and expenses. We expect
that Rocco A. Ortenzio, Robert A. Ortenzio and the Other Ortenzio Investors will
purchase up to $10.0 million of this senior subordinated note.
In addition, in connection with the Merger, WCAS IX, Holdings and the
Issuer entered into a Contingency Letter Agreement, dated October 17, 2004 (the
"Contingency Letter"), a copy of which is attached hereto as Exhibit H, pursuant
to which WCAS IX agreed that, in the event the Issuer terminates the Merger
Agreement and such termination arises from a knowing and willful breach of the
Merger Agreement by Acquisition and/or Holdings, it will make an equity
contribution to Holdings of up to $10.0 million to satisfy any liabilities of
Holdings or Acquisition resulting from such knowing or willful.
The foregoing descriptions of the WCAS Equity Commitment Letter, the
TCEP Equity Commitment Letter, the Debt Commitment Letter, the CP IV Commitment
Letter and the Contingency Letter are qualified in their entirety by reference
to such agreements, copies of which are attached as Exhibits D, E, F, G and H,
respectively, and are incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
The following information is based on a total of 101,954,273 shares of
Common Stock outstanding as of January 1, 2005.
(a through b) As of the date of filing, no reporting person may be
deemed to beneficially own any shares of Common Stock except as may be due to
being part of a "group" within the meaning of Section 13(d) of the Exchange Act
or as may be set forth below. Each reporting person has sole voting power with
respect to and sole power to dispose of the shares set forth below that are
directly beneficially owned by such reporting person. Each reporting person
expressly disclaims beneficial ownership of any shares which are held by related
investors, except to the extent of such reporting person's pecuniary interest in
such related investor.
Holdings, WCAS IX, WCAS IX Associates and the WCAS Individuals
--------------------------------------------------------------
Holdings, WCAS IX and WCAS IX Associates may be deemed to have
acquired beneficial ownership of 8,438,392 shares of Common Stock
pursuant to (a) the Rollover Agreements and (b) an understanding among
Holdings and the WCAS Individuals who are reporting persons. However,
such reporting persons expressly disclaim beneficial ownership of the
shares of Common Stock covered by the Rollover Agreements or such
understanding. Holdings, WCAS IX, WCAS IX Associates and the WCAS
Individuals do not directly own any shares of Common Stock other than
as set forth below.
(i) Patrick J. Welsh directly owns 125,000 shares of
Common Stock, or less than 1.0% of the Common Stock
outstanding.
(ii) Russell L. Carson directly owns 726,960 shares of
Common Stock (including 4,000 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
(iii) Bruce K. Anderson directly owns 618,910 shares of
Common Stock, or less than 1.0% of the Common Stock
outstanding.
(Page 37 of 44 Pages)
(iv) Thomas E. McInerney directly owns 450,984 shares of
Common Stock, or less than 1.0% of the Common Stock
outstanding.
(v) Robert A. Minicucci directly owns 88,626 shares of
Common Stock, or less than 1.0% of the Common Stock
outstanding.
(vi) Anthony J. de Nicola directly owns 19,483 shares of
Common Stock (including 12,239 shares held by a
foundation he controls), or less than 1.0% of the
Common Stock outstanding.
(vii) Kenneth Melkus indirectly beneficially owns 38,845
shares of Common Stock issued to entities controlled
by Mr. Melkus, or less than 1.0% of the Common Stock
outstanding.
TCEP Investors
--------------
As general partner of TCEP VI and TCEP Friends, TC GP may be
deemed to beneficially own the shares of the Common Stock beneficially
owned by such entities, and as general partner of TC GP, TCEP may also
be deemed to beneficially own such shares. In addition, Bryan C.
Cressey is a principal of TCEP and may be deemed to beneficially own
the shares of Common Stock beneficially owned by TCEP VI, TCEP Friends
and TCEP. The TCEP Investors do not directly own any shares of Common
Stock other than as set forth below.
(i) TCEP VI directly owns 2,077,818 shares of Common
Stock, or approximately 2.1% of the Common Stock
outstanding.
(ii) TCEP Friends directly owns 20,778 shares of Common
Stock, or less than 1.0% of the Common Stock
outstanding.
(iii) Bryan C. Cressey directly owns 218,092 shares of
Common Stock (including 4,800 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
SEM Persons
-----------
(i) Rocco A. Ortenzio directly owns 12,151,025 shares of
Common Stock (including 7,778,000 shares issuable
upon exercise of presently-exercisable stock options
or options exercisable within the next 60 days), and
indirectly beneficially owns, through relationships
he has with various other investors, an additional
418,266 shares of Common Stock of which he shares
voting power and the power to dispose with such other
investors, for an aggregate 12,569,291 shares of
Common Stock, or approximately 11.5% of the Common
Stock outstanding.
(ii) Robert A. Ortenzio directly owns 5,403,336 shares of
Common Stock (including 3,703,336 shares issuable
upon exercise of presently-exercisable stock options
or options exercisable within the next 60 days), and
indirectly beneficially owns, through relationships
he has with various other investors, an additional
459,284 shares of Common Stock of which he shares
voting power and the power to dispose with such other
investors, for an aggregate 5,862,620 shares of
Common Stock, or approximately 5.6% of the Common
Stock outstanding.
(iii) Patricia A. Rice directly owns 539,603 shares of
Common Stock (including 538,603 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), and
indirectly beneficially owns an additional 200,000
shares of
(Page 38 of 44 Pages)
Common Stock through a living trust, for an aggregate
739,603 shares of Common Stock, or less than 1.0% of
the Common Stock outstanding.
(iv) Martin F. Jackson directly owns 637,770 shares of
Common Stock (including 540,770 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), and
indirectly beneficially owns an additional 4,000
shares of Common Stock held by his children, for an
aggregate 641,770 shares of Common Stock, or less
than 1.0% of the Common Stock outstanding.
(v) S. Frank Fritsch directly owns 258,936 shares of
Common Stock (including 171,390 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
(vi) Michael E. Tarvin directly owns 160,818 shares of
Common Stock (including 157,294 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
(vii) James J. Talalai directly owns 170,932 shares of
Common Stock (including 156,608 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
(viii) Scott A. Romberger directly owns 149,771 shares of
Common Stock (including 50,969 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
(ix) Kenneth L. Moore directly owns 171,617 shares of
Common Stock (including 33,321 shares issuable upon
exercise of presently-exercisable stock options or
options exercisable within the next 60 days), or less
than 1.0% of the Common Stock outstanding.
(x) Joel T. Veit directly owns 38,159 shares of Common
Stock (including 32,399 shares issuable upon exercise
of presently-exercisable stock options or options
exercisable within the next 60 days), and indirectly
beneficially owns an additional 4,000 shares of
Common Stock held by his wife, for an aggregate
42,159 shares of Common Stock, or less than 1.0% of
the Common Stock outstanding.
(xi) Meyer Feldberg directly owns 37,440 shares of Common
Stock (including 23,120 shares issuable upon exercise
of presently-exercisable stock options or options
exercisable within the next 60 days), or less than
1.0% of the Common Stock outstanding.
Other Ortenzio Investors
------------------------
(i) John M. Ortenzio directly owns 457,406 shares of
Common Stock and indirectly beneficially owns an
additional 15,000 shares of Common Stock held with
his wife, for an aggregate 472,406 shares of Common
Stock, or less than 1.0% of the Common Stock
outstanding.
(ii) Martin J. Ortenzio directly owns 284,676 shares of
Common Stock, or less than 1.0% of the Common Stock
outstanding.
(iii) The Martin J. Ortenzio Descendants Trust directly
owns 191,958 shares of Common Stock, or less than
1.0% of the Common Stock outstanding.
(iv) The Ortenzio Family Foundation directly owns 380,386
shares of Common Stock, or less than 1.0% of the
Common Stock outstanding.
(Page 39 of 44 Pages)
(c) Except as described in Item 3 above, none of the reporting persons
has effected any transactions in the Common Stock in the 60 days prior to the
date of this statement.
(d) Except as described in this Schedule 13D, no person has the power
to direct the receipt of dividends on or the proceeds of sales of, the shares of
Common Stock owned by the reporting persons.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
Except as described in this Schedule 13D or the Exhibits hereto, or
with respect to the SEM Persons, in their filings pursuant to Section 16 filed
prior to the date hereof, none of the reporting persons or other individuals for
which information has been provided in Item 2 presently have any contracts,
arrangements, understandings or relationships with respect to the securities of
the Issuer.
Item 7. Material to be Filed as Exhibits.
A. Amended and Restated Joint Filing Agreement dated January 14,
2005.
B. Initial Rollover Agreement (previously filed with the original
Schedule 13D on October 20, 2004).
C. Merger Agreement (previously filed with the original Schedule
13D on October 20, 2004).
D. WCAS Equity Commitment Letter (previously filed with the
original Schedule 13D on October 20, 2004).
E. TCEP Equity Commitment Letter (previously filed with the
original Schedule 13D on October 20, 2004).
F. Debt Commitment Letter (previously filed with Amendment No. 1
to the Schedule 13D on December 21, 2004).
G. CP IV Commitment Letter (previously filed with the original
Schedule 13D on October 20, 2004).
H. Contingency Letter (previously filed with the original
Schedule 13D on October 20, 2004).
I. Subsequent Rollover Agreement (previously filed with Amendment
No. 1 to the Schedule 13D on December 21, 2004).
J. Agreement, dated January 13, 2005, among Holdings, certain of
the SEM Persons and the Other Ortenzio Investors.
(Page 40 of 44 Pages)
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this Statement is
true, complete and correct.
Dated: January 14, 2005
EGL HOLDING COMPANY
By: /s/ Sean M. Traynor
-----------------------------------------------------
President
WELSH, CARSON, ANDERSON & STOWE IX, L.P.
By: WCAS IX Associates, LLC, General Partner
By: /s/ Jonathan M. Rather
-----------------------------------------------------
Managing Member
WCAS IX ASSOCIATES, LLC
By: /s/ Jonathan M. Rather
-----------------------------------------------------
Managing Member
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Patrick J. Welsh
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Russell L. Carson
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Bruce K. Anderson
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Thomas E. McInerney
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Robert A. Minicucci
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Anthony J. deNicola
/s/ Jonathan M. Rather
-----------------------------------------------------
Attorney-in-Fact/Kenneth Melkus
(Page 41 of 44 Pages)
THOMA CRESSEY FUND VI, L.P.
By: TC Partners VI, L.P., General Partner
By: Thoma Cressey Equity Partners, Inc., General
Partner
By: /s/ Bryan C. Cressey
-----------------------------------------------------
Vice President
THOMA CRESSEY FRIENDS FUND VI, L.P.
By: TC Partners VI, L.P., General Partner
By: Thoma Cressey Equity Partners, Inc., General
Partner
By: /s/ Bryan C. Cressey
-----------------------------------------------------
Vice President
TC PARTNERS VI, L.P.
By: Thoma Cressey Equity Partners, Inc., General
Partner
By: /s/ Bryan C. Cressey
-----------------------------------------------------
Vice President
THOMA CRESSEY EQUITY PARTNERS, INC.
By: /s/ Bryan C. Cressey
-----------------------------------------------------
Vice President
/s/ Bryan C. Cressey
-----------------------------------------------------
Bryan C. Cressey
(Page 42 of 44 Pages)
/s/ Rocco A. Ortenzio
-----------------------------------------------------
Rocco A. Ortenzio
/s/ Robert A. Ortenzio
-----------------------------------------------------
Robert A. Ortenzio
/s/ Patricia A. Rice
-----------------------------------------------------
Patricia A. Rice
/s/ Martin F. Jackson
-----------------------------------------------------
Martin F. Jackson
/s/ S. Frank Fritsch
-----------------------------------------------------
S. Frank Fritsch
/s/ Michael E. Tarvin
-----------------------------------------------------
Michael E. Tarvin
/s/ James J. Talalai
-----------------------------------------------------
James J. Talalai
/s/ Scott A. Romberger
-----------------------------------------------------
Scott A. Romberger
/s/ Kenneth L. Moore
-----------------------------------------------------
Kenneth L. Moore
/s/ Joel T. Veit
-----------------------------------------------------
Joel T. Veit
/s/ Meyer Feldberg
-----------------------------------------------------
Meyer Feldberg
(Page 43 of 44 Pages)
/s/ John M. Ortenzio
-----------------------------------------------------
John M. Ortenzio
/s/ Martin J. Ortenzio
-----------------------------------------------------
Martin J. Ortenzio
MARTIN J. ORTENZIO DESCENDANTS TRUST
/s/ John M. Ortenzio
-----------------------------------------------------
Name: John M. Ortenzio
Title: Trustee
ORTENZIO FAMILY FOUNDATION
/s/ John M. Ortenzio
-----------------------------------------------------
Name: John M. Ortenzio
Title: Trustee