<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b)(c), AND (d) AND
AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
(Amendment No. ___)1
TRANSMONTAIGNE INC.
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(Name of Issuer)
COMMON STOCK ($.01 PAR VALUE)
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(Title of Class of Securities)
893934109
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(CUSIP Number)
MARCH 26, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
- ----------------------
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 the 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 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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Page 2 of 11 Pages
SCHEDULE 13G
CUSIP NO. 893934109
---------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
FLEMING US DISCOVERY FUND III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NUMBER OF 1,838,648 SHARES OF COMMON STOCK
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 294,725 SHARES OF COMMON STOCK
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,838,648 SHARES OF COMMON STOCK
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
294,725 SHARES OF COMMON STOCK
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,133,373 SHARES OF COMMON STOCK
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 11 Pages
SCHEDULE 13G
CUSIP NO. 893934109
---------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
FLEMING US DISCOVERY OFFSHORE FUND III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
BERMUDA
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5 SOLE VOTING POWER
NUMBER OF 294,725 SHARES OF COMMON STOCK
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,838,648 SHARES OF COMMON STOCK
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 294,725 SHARES OF COMMON STOCK
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,838,648 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 4 of 11 Pages
SCHEDULE 13G
CUSIP NO. 893934109
---------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
FLEMING US DISCOVERY PARTNERS, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |X|
(B) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NUMBER OF 0 SHARES OF COMMON STOCK
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,133,373 SHARES OF COMMON STOCK
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0 SHARES OF COMMON STOCK
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 5 of 11 Pages
SCHEDULE 13G
CUSIP NO. 893934109
---------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
FLEMING US DISCOVERY, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) / /
(B) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NUMBER OF 2,133,373 SHARES OF COMMON STOCK
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,133,373 SHARES OF COMMON STOCK
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 2,133,373 SHARES OF COMMON STOCK
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7%
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12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 6 of 11 Pages
SCHEDULE 13G
CUSIP NO. 893934109
---------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
ROBERT FLEMING, INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) / /
(B) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NUMBER OF 0 SHARES OF COMMON STOCK
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES OF COMMON STOCK
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0 SHARES OF COMMON STOCK
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7%
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12 TYPE OF REPORTING PERSON*
IA, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 7 of 11 Pages
SCHEDULE 13G
CUSIP NO. 893934109
---------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
ROBERT FLEMING HOLDINGS, LTD.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) / /
(B) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED KINGDOM
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5 SOLE VOTING POWER
NUMBER OF 0 SHARES OF COMMON STOCK
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES OF COMMON STOCK
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0 SHARES OF COMMON STOCK
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,133,373 SHARES OF COMMON STOCK
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7%
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12 TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 8 of 11 Pages
ITEM 1(a). NAME OF ISSUER:
TransMontaigne Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
370 Seventeenth Street
Denver, Colorado 80202
ITEM 2(a). NAME OF PERSON FILING:
The information required by this Item is set forth in Appendix 1
attached hereto.
This statement is being filed pursuant to a Joint Filing Agreement
(attached as Exhibit 1 and incorporated herein by reference) by (i)
Fleming US Discovery Fund III, L.P. ("US Fund"), (ii) Fleming US
Discovery Offshore Fund III, L.P. ("Offshore Fund"), (iii) Fleming US
Discovery Partners, L.P. ("Fleming Partners"), the general partner of
the US Fund and a general partner of the Offshore Fund, (iv) Fleming US
Discovery, LLC ("Discovery"), the general partner of Fleming Partners,
(v) Robert Fleming, Inc. ("RFI"), investment adviser to the US Fund and
Offshore Fund (collectively, the "Funds"), and (vi) Robert Fleming
Holdings, Ltd. ("RFH"), the indirect parent of RFI (sometimes
collectively referred to as the "Reporting Persons").
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR,
IF NONE, RESIDENCE:
The information required by this Item is set forth in Appendix 1
attached hereto.
ITEM 2(c). CITIZENSHIP:
The information required by this Item is set forth in Appendix 1
attached hereto.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock.
ITEM 2(e). CUSIP NUMBER:
893934109
ITEM 3.
If this statement is filed pursuant to Rule 13d-1(c), check this
box. /X/
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Page 9 of 11 Pages
ITEM 4. OWNERSHIP:
The following information is provided as of April 5, 1999:
(a) Amount Beneficially Owned:
(i) Fleming US Discovery Fund III, L.P. is the beneficial
owner of 2,133,373 shares.
(ii) Fleming US Discovery Offshore Fund III, L.P. is the
beneficial owner of 2,133,373 shares.
(iii) Fleming US Discovery Partners, L.P. is the beneficial
owner of 2,133,373 shares.
(iv) Fleming US Discovery, LLC is the beneficial owner of
2,133,373 shares.
(v) Robert Fleming, Inc. is the beneficial owner of
2,133,373 shares.
(vi) Robert Fleming Holdings, Ltd. is the beneficial owner
of 2,133,373 shares.
(b) Percent of Class:
7% for Fleming US Discovery Fund III, L.P.;
7% for Fleming US Discovery Offshore Fund III, L.P.;
7% for Fleming US Discovery Partners, L.P.;
7% for Fleming US Discovery, LLC;
7% for Robert Fleming, Inc.; and
7% for Robert Fleming Holdings, Ltd.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
1,838,648 shares for Fleming US Discovery Fund III,
L.P.;
294,725 shares for Fleming US Discovery Offshore
Fund III, L.P.;
0 shares for Fleming US Discovery Partners, L.P.;
2,133,373 shares for Fleming US Discovery, LLC;
0 shares for Robert Fleming, Inc.; and
0 shares for Robert Fleming Holdings, Ltd.
(ii) shared power to vote or to direct the vote:
294,725 shares for Fleming US Discovery Fund III,
L.P.;
1,838,648 shares for Fleming US Discovery Offshore
Fund III, L.P.;
2,133,373 shares for Fleming US Discovery Partners,
L.P.;
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Page 10 of 11 Pages
2,133,373 shares for Fleming US Discovery, LLC;
0 shares for Robert Fleming, Inc.; and
0 shares for Robert Fleming Holdings, Ltd.
(iii) sole power to dispose or to direct the disposition of:
1,838,648 shares for Fleming US Discovery Fund III,
L.P.;
294,725 shares for Fleming US Discovery Offshore Fund
III, L.P.;
0 shares for Fleming US Discovery Partners, L.P.;
2,133,373 shares for Fleming US Discovery, LLC;
0 shares for Robert Fleming, Inc.; and
0 shares for Robert Fleming Holdings, Ltd.
(iv) shared power to dispose or to direct the disposition of:
294,725 for Fleming US Discovery Fund III, L.P.;
1,838,648 shares for Fleming US Discovery Offshore
Fund III, L.P.;
2,133,373 shares for Fleming US Discovery Partners,
L.P.;
2,133,373 shares for Fleming US Discovery, LLC;
0 shares for Robert Fleming, Inc.; and
0 shares for Robert Fleming Holdings, Ltd.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Inapplicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON:
No other person has the right to receive or the power to direct the
receipt of dividends from, or proceeds from the sale of, the securities owned by
Fleming US Discovery Fund III, L.P., Fleming US Discovery Offshore Fund III,
L.P., Fleming US Discovery Partners, L.P., Fleming US Discovery, LLC, Robert
Fleming, Inc. and Robert Fleming Holdings, Ltd.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY:
Inapplicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Inapplicable.
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Page 11 of 11 Pages
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Inapplicable.
ITEM 10. CERTIFICATION:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
<PAGE>
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.
April 5, 1999
Fleming US Discovery Fund III, L.P.
By: Fleming US Discovery Partners, L.P., its
general partner
By: Fleming US Discovery, LLC, its
general partner
By: /s/ Robert L. Burr
----------------------------
Robert L. Burr, member
Fleming US Discovery Offshore Fund III, L.P.
By: Fleming US Discovery Partners, L.P., its
general partner
By: Fleming US Discovery, LLC,
its general partner
By: /s/ Robert L. Burr
-----------------------------
Robert L. Burr, member
Fleming US Discovery Partners, L.P.
By: Fleming US Discovery, LLC, its
general partner
By: /s/ Robert L. Burr
----------------------------------
Robert L. Burr, member
Fleming US Discovery, LLC
By: /s/ Robert L. Burr
-----------------------------------------------
Robert L. Burr, member
Robert Fleming, Inc.
By: /s/ Arthur A. Levy
-----------------------------------------------
Arthur A. Levy, Vice Chairman
Robert Fleming Holdings, Ltd.
By: /s/ Arthur A. Levy
-----------------------------------------------
Arthur A. Levy, Director
<PAGE>
Exhibit 1
JOINT FILING AGREEMENT
Pursuant to and in accordance with Rule 13d-1(k)(1) under the Securities
Exchange Act of 1934, the undersigned hereby agree to jointly file the Schedule
13G dated April 5, 1999 and any amendments thereto with respect to the
beneficial ownership by each of the undersigned of shares of common stock of
TransMontaigne Inc. Such joint filings may be executed by one or more of us on
behalf of each of the undersigned.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original.
Executed this day of April 5, 1999.
Fleming US Discovery Fund III, L.P.
By: Fleming US Discovery Partners, L.P., its
general partner
By: Fleming US Discovery, LLC, its
general partner
By: /s/ Robert L. Burr
----------------------------
Robert L. Burr, member
Fleming US Discovery Offshore Fund III, L.P.
By: Fleming US Discovery Partners, L.P., its
general partner
By: Fleming US Discovery, LLC,
its general partner
By: /s/ Robert L. Burr
----------------------------
Robert L. Burr, member
Fleming US Discovery Partners, L.P.
By: Fleming US Discovery, LLC, its
general partner
By: /s/ Robert L. Burr
----------------------------
Robert L. Burr, member
Fleming US Discovery, LLC
By: /s/ Robert L. Burr
-----------------------------------------
Robert L. Burr, member
Robert Fleming, Inc.
By: /s/ Arthur A. Levy
-----------------------------------------
Arthur A. Levy, Vice Chairman
Robert Fleming Holdings, Ltd.
By: /s/ Arthur A. Levy
-----------------------------------------
Arthur A. Levy, Director
<PAGE>
Appendix 1
ADDRESS, ORGANIZATION AND PRINCIPAL BUSINESS OF
EACH REPORTING PERSON REQUIRED BY ITEM 2(a),(b), and (c)
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<CAPTION>
<S> <C> <C>
PRINCIPAL BUSINESS AND
NAME OF PERSON FILING OFFICE ADDRESS PLACE OF ORGANIZATION
Fleming US Discovery Fund III, L.P. 320 Park Avenue, 11th Floor Delaware limited partnership
("US Fund") New York, NY 10022
Fleming US Discovery Offshore c/o Bank of Bermuda, Ltd., Bermuda limited partnership
Fund III, L.P. 6 Front St
("Offshore Fund," with US Fund, the Hamilton HM 11 Bermuda
"Funds")
Fleming US Discovery Partners, L.P. 320 Park Avenue, 11th Floor Delaware limited partnership
("Fleming Partners") New York, NY 1002
Fleming US Discovery, LLC 320 Park Avenue, 11th Floor Delaware limited liability
New York, NY 1002 company
Robert Fleming, Inc. 320 Park Avenue, 11th Floor Delaware corporation
New York, NY 1002
Robert Fleming Holdings, Ltd. 25 Copthall Avenue United Kingdom company
London EC2B 7PQ, England
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