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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE l3D
Under the Securities Exchange Act of l934
(Amendment No. 8)
Rogers Corporation
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(Name of Issuer)
Capital Stock, $1.00 par value
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(Title of class of securities)
77513310
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(CUSIP Number)
Michael P. Maloney, Esq.
Vice President, General Counsel and Secretary
Orion Capital Corporation
600 Fifth Avenue
New York, New York 10020
(212) 332-8080
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(Name, address and telephone number of person authorized to
receive notices and communications)
Copies of all notices and communications should be sent to:
John J. McCann, Esq.
Donovan Leisure Newton & Irvine
30 Rockefeller Plaza
New York, New York l0112
April 6, 1995
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(Date of event which requires filing of this statement)
If filing person has previously filed a statement on Schedule l3G
to report the acquisition which is the subject of this statement
and is filing this statement because of Rule l3d-l(b) (3) or (4),
check the following:
Check the following box if a fee is being paid with this
statement: []
(Continued on following pages)
Page l of 14 Pages
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CUSIP No. 77513310
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1) Names of Reporting Persons (a) Orion Capital Corporation
S.S. or IRS Identification IRS No. 95-6069054
Nos. of Above Persons (b) Security Reinsurance
Company
IRS No. 06-1008792
(c) Security Insurance Company
of Hartford
IRS No. 06-0529570
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2) Check the Appropriate Box if (a)
a Member of a Group (b) X
(c) X
(See Instructions)
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3) SEC Use Only
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4) Source of Funds (a) AF
(See Instructions) (b) WC
(c) WC
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5) Check if Disclosure of Legal
Proceedings are Required
Pursuant to Items 2(d) or 2(e)
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6) Citizenship or Place of (a) Delaware
Organization (b) Connecticut
(c) Connecticut
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(7) Sole Voting
Number Power 178,800
of Shares (8) Shared Voting
Beneficially Power
Owned by (9) Sole Dispositive
Each Reporting Power 178,800
Person With (l0) Shared Dispositive
Power
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11) Aggregate Amount Beneficially
Owned by Each Reporting Person 178,800
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12) Check if the Aggregate Amount
in Row (11) Excludes Certain
Shares (See Instructions)
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13) Percent of Class Represented
by Amount in Row (11) 5.1%
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14) Type of Reporting Person (a) CO, HC
(See Instructions) (b) CO, IC
(c) CO, IC
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Item 1. Security and Issuer.
--------------------
This statement relates to the Capital Stock, $1.00 par value
(the "Capital Stock"), of Rogers Corporation ("Rogers"). The
principal executive offices of Rogers are located at One
Technology Drive, Rogers, CT 06263.
Item 2. Identity and Background.
-----------------------
This statement is filed by Orion Capital Corporation
("Orion"), a Delaware corporation with its principal executive
offices at 600 Fifth Avenue, New York, New York 10020-2302 and
two of its wholly-owned subsidiaries: Security Reinsurance Company
("Security Re"), a Connecticut corporation; and Security Insurance
Company of Hartford ("SICH"), a Connecticut corporation. The
principal offices of Security Re and SICH are located at 9 Farm
Springs Drive, Farmington, Connecticut 06032. Orion owns,
directly or indirectly, all of the outstanding capital stock of
Security Re and SICH. SICH underwrites and sells most types of
property and casualty insurance with an emphasis on commercial
insurance in specialized markets; Security Re is a reinsurance
company.
This statement amends Items 2 and 5 of the Schedule 13D dated
October 24, 1989, as amended by Amendment No. 1 dated August 7,
1990, by Amendment No. 2 dated September 17, 1990, by Amendment
No. 3 dated January 20, 1992, by Amendment No. 4 dated January 21,
1992, by Amendment No. 5 dated April 23, 1993, by Amendment No. 6
dated May 3, 1994 and by Amendment No. 7 dated December 19, 1994,
each filed with the Commission by Orion and certain of its
subsidiaries, by revising such items in accordance with the
information contained herein.
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The executive officers and directors of Orion, Security Re
and SICH, together with their present principal occupations and
the names, principal businesses and addresses of any corporations
or other organizations in which such principal occupations are
conducted, appear in Exhibit A hereto.
Each of the persons listed in Exhibit A hereto is a citizen
of the United States, except for Graham Addington, who is a
citizen of the United Kingdom. Neither Orion, Security Re nor
SICH, nor to their best knowledge, any officer or director of
Orion, Security Re or SICH has, during the last five years, been
convicted in any criminal proceeding, excluding traffic violations
or similar misdemeanors, or been a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state
securities laws, or finding any violation with respect to such
laws.
Item 5. Interest in Securities of Issuer.
---------------------------------
According to Rogers' 1994 Annual Report, there were 3,522,461
shares of Rogers Capital Stock issued and outstanding as of
January 1, 1995. Security Re owns 178,800 shares in the aggregate
or approximately 5.1% of Rogers' Capital Stock. Orion may
continue to be deemed the beneficial owner of all 178,800 shares
of Rogers Capital Stock owned by Security Re. Since Februry 6,
1995, SICH sold a total of 21,800 shares and Security Re sold a
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total of 3,800 shares of Rogers Capital Stock on the dates and at
the prices set forth in Exhibit B hereto. All of the shares sold
by SICH and Security Re were sold in open market transactions on
the American Stock Exchange.
Each of Securty Re and SICH has sole power to vote and
dispose of its shares of Rogers Capital Stock; decisons with
respect to acquisitions, voting and dispositions are made by the
Investment Committtee of Security Re or SICH, a majority of whose
members are officers and/or directors of Orion. Orion's voting
control of SICH and Security Re enables Orion ultimately to direct
the acquisition, voting and disposition of the shares of Rogers
Capital Stock held by SICH and Security Re.
Except as set forth above, or to the extent that the officers
and directors of Orion, Security Re and SICH maybe deemed bo
"beneficially own" shares of Rogers Capital Stock by reason of
their voting power or investment power with respect to the shares
owned by Security Re and SICH, no officer or director of Orion,
Security Re or SICH beneficially owns, or has the right to
acquire, directly or indirectly, any shares of Rogers Capital
Stock or has effected any transaction in shares of Rogers Capital
Stock since February 6, 1995.
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Signatures
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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.
ORION CAPITAL CORPORATION
By: /s/Raymond J. Schuyler
---------------------------------
Raymond J.Schuyler
Vice President - Investments
SECURITY INSURANCE COMPANY
OF HARTFORD
SECURITY REINSURANCE COMPANY
By: /s/Raymond J. Schuyler
---------------------------------
Raymond J. Schuyler
Senior Vice President
Dated: April 12, 1995
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EXHIBIT INDEX
EXHIBIT PAGE
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A Names, addresses and principal 8
occupations of officers and
directors of Orion, Security Re
and SICH
B List of sales of Rogers Capital 14
stock by Security Re and SICH
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EXHIBIT A
Principal Occupation
Name and Address of Employment
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Alan R Gruber (1, 2 and 3) Chairman of the Board
Orion Capital Corporation and Chief Executive
30 Rockefeller Plaza Officer of Orion and
New York, New York 10112 Chairman of the Board
of Security Re and SICH
Bertram J. Cohn (1) Managing Director, First
437 Madison Avenue, 30th Floor Manhattan Company, invest-
New York, New York 10022 ment bankers
John C. Colman (1) Private investor and con-
4 Briar Lane sultant
Glencoe, Illinois 60022
Larry D. Hollen (1, 2 and 3) President and Chief Opera-
Orion Capital Corporation ting Officer of Orion;
9 Farm Springs Drive President of SICH; Vice
Farmington, Connecticut 06032 Chairman of Security Re
Robert H. Jeffrey (1) President, Jeflion Invest-
The Jeffrey Company ment Company; President,
88 E. Broad Street, Suite 1560 The Jeffrey Company, a
Columbus, Ohio 43215 privately held investment
company which is the
parent of Jeflion Invest-
ment Company
Warren R. Lyons (1) President, Avco Fianancial
Avco Fianancial Services Services, a financial
3349 Michelson Drive services company and a
Irvine, California 92715 subsidiary of Textron Inc.
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(1) Director of Orion
(2) Director of Security Re
(3) Director of SICH
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Principal Occupation
Name and Address of Employment
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James K. McWilliams (1) Proprietor of McWilliams &
McWilliams & Company Company and general
555 California Street partner of McWilliams
Suite 5040 Associates, investment
San Francisco, California 94104 counselors; General
Partner, Mt. Eden Vine-
yards, Inc.
Ronald W. Moore (1) Adjunct Professor of
Morgan Hall Business Administration,
Soldiers Field Harvard University
Boston, Massachusetts 02163
Robert B. Sanborn (1) Senior Executive Consult-
Orion Capital Corportion ant to Orion
9 Farm Springs Drive
Farmington, Connecticut 06032
William J. Shepherd (1) Private investor
109 Golf Edge
Westfield, New Jersey 07090
John R. Thorne (1) Professor, Graduate School
Furnace Run of Industrial Administra-
Laughlintown, Pennsylvania 15655 tion, Carnegie-Mellon
University; Chairman, The
Enterprise Corporation of
Pittsburgh, a non-profit
corporation encouraging
and supporting entre-
preneurial businesses
Roger B. Ware (1) President and Chief Execu-
Guaranty National Corporation tive Officer of Guaranty
100 Inverness Terrace East National Corporation, an
Englewood, Colorado 80112 affiliate of Orion
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(1) Director of Orion
(2) Director of Security Re
(3) Director of SICH
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Principal Occupation
Name and Address of Employment
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W. Marston Becker Senior Vice President of
Design Professionals Insurance Orion and SICH; President
Company of Design Professionals
2959 Monterey/Salinas Highway Insurance Company
Monterey, California 93940 ("DPIC"), an indirect
wholly-owned subsidiary of
Orion
Raymond W. Jacobsen Senior Vice President of
EBI Companies Orion; President of EBI
325 North Corporate Drive Companies and Senior Vice
Brookfield, Wisconsin 53045 President of SICH
Arthur B. McHugh Senior Vice President of
Orion Capital Corporation Orion and SICH; President
9 Farm Springs Drive and Chief Executive
Farmington, Connecticut 06032 Officer of Connecticut
Specialty Insurance Group
("CSIG"), an indirect
subsidiary of Orion
Daniel L. Barry (2 and 3) Vice President and
Orion Capital Corporation Controller of Orion;
9 Farm Springs Drive Vice Chairman of Security
Farmington, Connecticut 06032 Re and Senior Vice Presi-
dent and Controller of
SICH
Michael P. Maloney, Esq. (2 and 3) Vice President, General
Orion Capital Corporation Counsel and Secretary of
600 Fifth Avenue Orion; Senior Vice
New York, New York 10020 President and Assistant
Secretary of Security Re
and SICH
William G. McGovern Vice President and Chief
Orion Capital Corporation Actuary of Orion; Senior
9 Farm Springs Drive Vice President and Chief
Farmington, Connecticut 06032 Actuary of Security Re
and SICH
Vincent T. Papa (2 and 3) Vice President and
Orion Capital Corporation Treasurer of Orion;
600 Fifth Avenue Senior Vice President and
New York, New York 10020 Treasurer of Security Re
and SICH
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(2) Director of Security Re
(3) Director of SICH
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Principal Occupation
Name and Address of Employment
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Raymond J. Schuyler (3) Vice President of Orion
Orion Capital Corporation and Senior Vice President
600 Fifth Avenue of Security Re and SICH
New York, New York 10020
Lawrence D. Nolen (2) President of Security Re
Orion Capital Companies and Vice President of
9 Farm Springs Drive SICH
Farmington, Connecticut 06032
Eva Schlehofer Senior Vice President of
Orion Capital Companies SICH
9 Farm Springs Drive
Farmington, Connecticut 06032
Stanley G. Fullwood (2 and 3) Vice President, General
Orion Capital Companies Counsel and Secretary
9 Farm Springs Drive of Security Re and
Farmington, Connecticut 06032 SICH
Graham A. Addington Vice President of DPIC
DPIC Companies Companies and SICH
155 University Avenue, Suite 702
Toronto, Ontario M5H 3B7
Canada
Leland H. Beman Vice President of Security
Orion Capital Companies Re and SICH
9 Farm Springs Drive
Farmington, Connecticut 06032
William D. Brooks Vice President of SICH
Orion Capital Companies
9 Farm Springs Drive
Farmington, Connecticut 06032
Thomas A. Clark Senior Vice President of
Orion Capital Companies CSIG; Vice President of
9 Farm Springs Drive SICH
Farmington, Connecticut 06032
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(2) Director of Security Re
(3) Director of SICH
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Principal Occupation
Name and Address of Employment
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Charles W. Cole, Jr. Vice President of SICH
Orion Capital Companies
9 Farm Springs Drive
Farmington, Connecticut 06032
William M. Demmon Vice President of SICH
Orion Capital Companies
9 Farm Springs Drive
Farmington, Connecticut 06032
Jonathan H. Gice Senior Vice President of
EBI Companies EBI Companies; Vice
300 North Patrick Blvd., President of SICH
Suite 150
Brookfield, Wisconsin 53005
Elliott P. Gleason Senior Vice President of
Design Professionals Insruance DPIC; Vice President of
Company SICH
2959 Monterey/Salinas Highway
Monterey, California 93940
Craig A. Nyman Vice President and
Orion Capital Companies Assistant Treasurer of
9 Farm Springs Drive Security Re and SICH
Farmington, Connecticut 06032
Kevin W. Sullivan Vice President-Investments
Orion Capital Corporation of Security Re and SICH
600 Fifth Avenue
New York, New York 10020
Richard C. Tardif Vice President of Security
Orion Capital Companies Re and SICH
9 Farm Springs Drive
Farmington, Connecticut 06032
David J. Vermeulen Senior Vice President of
Design Professionals Insurance DPIC and Vice President of
Company SICH
2959 Monterey/Salinas Highway
Monterey, California 93940
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Principal Occupation
Name and Address of Employment
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Peter M. Vinci Vice President of Security
Orion Capital Companies Re and SICH
9 Farm Springs Drive
Farmington, Connecticut 06032
James W. Webb Vice President of Security
Orion Capital Companies Re and SICH
9 Farm Springs Drive
Farmington, Connecticut 06032
Florence E. Whitmire Senior Vice President of
Design Professionals Insurance DPIC and Vice President of
Company SICH
2959 Monterey/Salinas Highway
Monterey, California 93940
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<PAGE>
EXHIBIT B
Sales of Rogers Capital Stock by SICH and Security Re
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Number Price Per Share
Date Seller of Shares (net of commission)
---- ------ ---------- -------------------
2/6/95 SICH 1,300 $ 55.06
2/7/95 SICH 1,000 55.19
2/7/95 SICH 300 55.44
3/24/95 SICH 1,000 50.69
3/28/95 SICH 1,000 51.19
3/28/95 SICH 1,000 50.94
3/29/95 SICH 1,000 51.44
3/29/95 SICH 1,000 51.69
3/29/95 SICH 1,000 51.94
3/29/95 SICH 1,000 52.19
3/29/95 SICH 1,000 52.42
3/31/95 SICH 1,000 52.69
3/31/95 SICH 1,000 52.94
3/31/95 SICH 1,000 53.19
3/31/95 SICH 1,000 53.44
3/31/95 SICH 800 53.69
4/3/95 SICH 200 53.69
4/6/95 SICH 2,000 53.94
4/6/95 SICH 2,000 54.19
4/6/95 SICH 2,000 54.44
4/6/95 SICH 200 54.69
4/6/95 Security Re 1,700 54.69
4/7/95 Security Re 100 54.94
4/7/95 Security Re 1,200 54.94
4/7/95 Security Re 800 54.94
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