UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
UNUMPROVIDENT CORPORATION
(Name of Issuer)
Common Stock, par value $0.10 per shares
91529Y 10 6
September 30, 2002
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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ].
NOTE: Schedule filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7(b) for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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| CUSIP NO. 91529Y 10 6 | SCHEDULE 13D |
| (1) |
NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|||||||||
| Hugh O. Maclellan, Jr. | ||||||||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o | ||||||||
| (See Instructions) | (b) o | |||||||||
| (3) | SEC USE ONLY | |||||||||
| (4) | SOURCE OF FUNDS (See Instructions) | |||||||||
| Not Applicable | ||||||||||
| (5) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | o | ||||||||
| IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| (6) | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||
| United States | ||||||||||
| (7) | SOLE VOTING POWER 2,279,612 | |||||||||
| NUMBER OF | ||||||||||
| SHARES |
|
|||||||||
| BENEFICIALLY | (8) | SHARED VOTING POWER 14,691,320 | ||||||||
| OWNED BY | ||||||||||
| EACH |
|
|||||||||
| REPORTING | (9) | SOLE DISPOSITIVE POWER 1,520,638 | ||||||||
| PERSON WITH | ||||||||||
| (10) | SHARED DISPOSITIVE POWER 15,450,294 | |||||||||
| (11) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,970,932 | |||||||||
| (12) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | |||||||||
| SHARES | o | |||||||||
| (13) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.0% | |||||||||
| (14) | TYPE OF REPORTING PERSON (See Instructions) IN | |||||||||
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| CUSIP NO. 91529Y 10 6 | SCHEDULE 13D |
| (1) |
NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|||||||||
| Kathrina H. Maclellan | ||||||||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o | ||||||||
| (See Instructions) | (b) o | |||||||||
| (3) | SEC USE ONLY | |||||||||
| (4) | SOURCE OF FUNDS (See Instructions) | |||||||||
| Not Applicable | ||||||||||
| (5) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | o | ||||||||
| IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| (6) | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||
| United States | ||||||||||
| (7) | SOLE VOTING POWER 1,854,294 | |||||||||
| NUMBER OF | ||||||||||
| SHARES |
|
|||||||||
| BENEFICIALLY | (8) | SHARED VOTING POWER 2,191,200 | ||||||||
| OWNED BY | ||||||||||
| EACH |
|
|||||||||
| REPORTING | (9) | SOLE DISPOSITIVE POWER 1,854,294 | ||||||||
| PERSON WITH | ||||||||||
| (10) | SHARED DISPOSITIVE POWER 11,474,304 | |||||||||
| (11) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,328,598 | |||||||||
| (12) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | |||||||||
| SHARES | o | |||||||||
| (13) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.5% | |||||||||
| (14) | TYPE OF REPORTING PERSON (See Instructions) IN | |||||||||
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| CUSIP NO. 91529Y 10 6 | SCHEDULE 13D |
| (1) |
NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|||||||||
| Robert H. Maclellan | ||||||||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o | ||||||||
| (See Instructions) | (b) o | |||||||||
| (3) | SEC USE ONLY | |||||||||
| (4) | SOURCE OF FUNDS (See Instructions) | |||||||||
| Not Applicable | ||||||||||
| (5) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS | o | ||||||||
| IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| (6) | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||
| United States | ||||||||||
| (7) | SOLE VOTING POWER 225,801 | |||||||||
| NUMBER OF | ||||||||||
| SHARES |
|
|||||||||
| BENEFICIALLY | (8) | SHARED VOTING POWER 1,504,400 | ||||||||
| OWNED BY | ||||||||||
| EACH |
|
|||||||||
| REPORTING | (9) | SOLE DISPOSITIVE POWER 225,801 | ||||||||
| PERSON WITH | ||||||||||
| (10) | SHARED DISPOSITIVE POWER 13,520,710 | |||||||||
| (11) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,746,511 | |||||||||
| (12) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN | |||||||||
| SHARES | o | |||||||||
| (13) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.7% | |||||||||
| (14) | TYPE OF REPORTING PERSON (See Instructions) IN | |||||||||
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This Amendment No. 7 to the Schedules 13D dated March 27, 1997, filed by Hugh O. Maclellan, Jr., Kathrina H. Maclellan and Robert H. Maclellan, (collectively, the “Principals”) and certain other persons shown in such Schedule, is being filed as a result of certain changes in the beneficial ownership of UNUMProvident Corporation (“UNUMProvident”) common stock, held directly by the Reporting Persons or held by Trusts for which the Reporting Person holds beneficial ownership.
Item 4. Purpose of the Transaction.
ITEM 4 IS HEREBY AMENDED AND RESTATED TO READ ITS ENTIRETY AS FOLLOWS:
This Amendment is being filed to reflect various sales, gifts and decreases in beneficial ownership of UNUMProvident common stock of the Reporting Persons that have occurred since the last filing as of December 31, 2001. Included in the beneficial ownership of each Reporting Person are UNUMProvident common stock held by The Maclellan Foundation, Inc. The Foundation has made and will continue to make dispositions of UNUMProvident common stock both by gifts to charitable entities and by sale of shares on the open market.
Item 5. Interest in Securities of the Issuer.
ITEM 5 IS HEREBY AMENDED AND RESTATED TO READ ITS ENTIRETY AS FOLLOWS:
(a) Reference is made to the cover page in respect of each Reporting Person.
The aggregate amount of shares of common stock listed in Item 11 of the cover page as beneficially owned by Hugh O. Maclellan, Jr. does not include 62,143 shares of common stock voted solely by his spouse, Nancy B. Maclellan, of which beneficial interest is disclaimed.
The combined shareholdings of the Reporting Persons plus Charlotte M. Heffner, a Reporting Person and a trustee of the Maclellan Foundation, aggregate 9.69% of the stock after eliminating shareholdings duplicated. The combined shareholdings of the Reporting Persons including the shares held by their descendants and trusts established for their descendants aggregate 10.3%.
Each Reporting Person hereby disclaims any assertion or presumption that it and any other persons constitute a “group” as such term is used in Section 13(d) of the 1934 Act and the Rules and Regulations of the Commission thereunder. The filing of this Schedule 13D shall not be construed to be an admission that any Reporting Person is a member of a group, however, if any of the Reporting Persons are deemed to be members of a “group” with other Reporting Persons for purposes of Section 13(d), the Schedule 13Ds filed by each such Reporting Person should be read together as a group Schedule 13D filing.
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(b) Reference is made to the cover page in respect of each Reporting Person.
Certain of the Reporting Persons share the power to vote or to direct the vote or to dispose or direct the disposition of shares of common stock with persons other than Reporting Persons, as follows:
| (1) Hugh O. Maclellan, Jr. shares such powers with the following persons who are not Reporting Persons: SunTrust Bank, Dudley Porter, Jr., Frank A. Brock, G. Richard Hostetter, A. S. MacMillan, Ronald W. Blue, Lee S. Anderson, Lawrence B. Austin, III, Richard D. Crotteau, T. Cartter Frierson, Henry A. Henegar, Hugh D. Huffaker, Jr. Ralph S. Paden, Gerry U. Stephens, John C. Stophel, Thomas H. McCallie, III, and U. S. Trust Company of Florida. |
| (2) Kathrina H. Maclellan shares such powers with the following persons who are not Reporting Persons: SunTrust Bank, Dudley Porter, Jr., Frank A. Brock, G. Richard Hostetter, A. S. MacMillan, Ronald W. Blue, U. S. Trust Company of Florida and J. Nelson Irvine. |
| (3) Robert H. Maclellan shares such power with the following persons who are not Reporting Persons, SunTrust Bank, Dudley Porter, Jr., Frank A. Brock, G. Richard Hostetter, A. S. MacMillan, Ronald W. Blue Lawrence B. Austin, III, Richard D. Crotteau, T. Cartter Frierson, Hugh D. Huffaker, Jr., Ralph S. Paden and Gerry U. Stephens, U. S. Trust Company of Florida and J. Nelson Irvine. |
Information required by Item 2 is provided below with respect to those persons who share with the Reporting Persons the power to vote or to direct the vote or to dispose or direct the disposition of shares of common stock.
| SunTrust Bank. SunTrust Bank is a national banking association located in the SunTrust Bank Building, 736 Market Street, Chattanooga, Tennessee 37402. SunTrust Bank is a wholly owned subsidiary of SunTrust Banks, Inc., a bank holding company headquartered in Atlanta, Georgia. |
| Dudley Porter, Jr. Dudley Porter, Jr. is a retired attorney. His residence address is 1125 Healing Springs Road, Chattanooga, Tennessee 37419. | |
| Frank A. Brock. Frank A. Brock is the retired president of Covenant College and continues to serve as president of the Covenant College Foundation. His address is 108 W. Watkins Street, Lookout Mountain, Tennessee 37350. | |
| G. Richard Hostetter. G. Richard Hostetter is part owner of Century Capital Market. His business address is P. O. Box 236, Winter Park, Florida 32789. |
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| A. S. MacMillan. A. S. MacMillan is president of Team Resources. His business address is 2100 River Edge Parkway, Suite 800, Atlanta, Georgia 30328. | |
| Ronald W. Blue. Ronald W. Blue is an investment manager of Ronald Blue & Company. This business address is Suite 600, 1100 Johnson Ferry Road, N.E., Atlanta, Georgia 30342. | |
| Lee S. Anderson. Lee S. Anderson is the Associate Publisher and Editor of the Chattanooga Times-Free Press. His business address is 400 E. 11th Street, Chattanooga, Tennessee 37403. | |
| Lawrence B. Austin, III. Lawrence B. Austin is a real estate builder and developer. His business address is Austin Building Corporation, 243 Signal Mountain Road, Chattanooga, Tennessee 37405. | |
| Richard D. Crotteau. Richard D. Crotteau is an attorney. His business address is Miller & Martin, 10th Floor, Volunteer Building, Chattanooga, Tennessee 37402. | |
| T. Cartter Frierson. T. Cartter Frierson is a management consultant. His business address is TCF Consulting Group, LLC., 4939 Scenic Highway, Rising Fawn, Georgia 30738. | |
| Henry A. Henegar. Henry A. Henegar is executive director of the Chattanooga Bible Institute. His business address is Chattanooga Bible Institute, 1001 McCallie Avenue, Chattanooga, Tennessee 37403. | |
| Hugh D. Huffaker, Jr. Hugh D. Huffaker, Jr. is a realtor. His business address is Crye-Leike Realtors, 1201 Market Street, Chattanooga, Tennessee 37402. | |
| Ralph S. Paden. Ralph S. Paden is retired. His residence address is 222 West Brow Oval, Lookout Mountain, Tennessee 37350. | |
| Gerry U. Stephens. Gerry U. Stephens is retired. His residence address is 1516 Lyndhurst Drive, Chattanooga, Tennessee 37405. | |
| John C. Stophel. John C. Stophel is an attorney. His business address is Chambliss, Bahner & Stophel, P.C., 1000 Tallan Building, Two Union Square, Chattanooga, Tennessee 37402. | |
| Thomas H. McCallie, III. Thomas H. McCallie, III is secretary and executive director of The Maclellan Foundation, Inc. His business address is 501 Provident Building, One Fountain Square, Chattanooga, Tennessee 37402. |
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| J. Nelson Irvine is an attorney. His business address is Chambliss, Bahner & Stophel, P.C., 1000 Tallan Building, Two Union Square, Chattanooga, Tennessee 37402. |
During the last five years, none of the above persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
During the last five years, none of the above persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in any of the above persons being subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws.
Each of the above persons who is a natural person is a citizen of the United States of America.
c) None of the Reporting Persons nor, to their knowledge, any of the persons named above in Items 5(a) and (b), effected any transactions in the common stock during the past 60 days.
(d) Not applicable
(e) Not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
Hugh O. Maclellan, Jr. holds a revocable proxy to vote the shares of UNUMProvident Corporation common stock held by The Maclellan Foundation, Inc. Accordingly, shares owned by The Maclellan Foundation, Inc. have been included among those for which Hugh O. Maclellan, Jr. has voting power, but have not been included as shares for which Kathrina H. Maclellan and Robert H. Maclellan have voting power.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Dated: October 21, 2002 | ||
| /s/ Barton C.
Burns
|
||
|
Barton C. Burns, authorized representative of the persons filing the foregoing statement. |
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