UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
R.P. Scherer Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
806528105
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(CUSIP Number)
Check the following box if a fee is being paid with the statement |_|. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1 and (2); has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in 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. 806528105 13G Page 2 of 14 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Trustees of General Electric Pension Trust
I.R.S. #14-6015763
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of New York
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY ---------------------------------------------------------
EACH 6
REPORTING SHARED VOTING POWER
PERSON
WITH 470,051
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7 SOLE DISPOSITIVE POWER
None
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8 SHARED DISPOSITIVE POWER
470,051
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
470,051 (1,380,544 if aggregated with the shares beneficially owned by
General Electric Investment Corporation and GE Investment Management
Incorporated)
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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
1.9% (5.7% if aggregated with the shares beneficially owned by General
Electric Investment Corporation and GE Investment Management
Incorporated)
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12 TYPE OF REPORTING PERSON*
EP
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Page 2 of 14
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CUSIP No. 806528105 13G Page 3 of 14 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Investment Corporation, as Investment Adviser to GEPT
(as defined below) and certain other entities and accounts
I.R.S. #22-2152310
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 486,795
OWNED BY ----------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 470,051
WITH ----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
486,795
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8 SHARED DISPOSITIVE POWER
470,051
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
956,846 (1,380,544 if aggregated with the shares beneficially owned by
GE Investment Management Incorporated)
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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
4% (5.7% if aggregated with the shares beneficially owned by GE
Investment Management Incorporated)
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12 TYPE OF REPORTING PERSON*
IA
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Page 3 of 14
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CUSIP No. 806528105 13G Page 4 of 14 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GE Investment Management Incorporated, as Investment Adviser to certain
entities and accounts
I.R.S. #06-1238874
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 423,698
OWNED BY ----------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON
WITH ----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
423,698
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8 SHARED DISPOSITIVE POWER
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
423,698 (1,380,544 if aggregated with the shares beneficially owned by
General Electric Investment Corporation)
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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
1.7% (5.7% if aggregated with the shares beneficially owned by General
Electric Investment Corporation)
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12 TYPE OF REPORTING PERSON*
IA
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SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 14
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CUSIP No. 806528105 13G Page 5 of 14 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Electric Company
I.R.S. #14-0689340
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of New York
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY Disclaimed (see 9 below)
OWNED BY ----------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 0
WITH ----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
Disclaimed (see 9 below)
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares disclaimed by General Electric
Company
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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
Not applicable
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12 TYPE OF REPORTING PERSON*
CO
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SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 14
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INTRODUCTORY NOTE: This statement is filed on behalf of General Electric
Company, a New York corporation ("GE"), General Electric Investment Corporation,
a Delaware corporation and a wholly owned subsidiary of GE ("GEIC"), GE
Investment Management Incorporated, a Delaware corporation and a wholly owned
subsidiary of GE ("GEIM"), and the Trustees of General Electric Pension Trust, a
New York common law trust ("GEPT"). GEIC acts as an Investment Adviser
(registered under the Investment Advisers Act of 1940) to GEPT and certain other
entities and accounts, and may be deemed to be a beneficial owner of 470,051
shares of Common Stock of R.P. Scherer Corp. (the "Issuer") owned by GEPT and of
486,795 shares of Common Stock of the Issuer owned by such other entities and
accounts. GEIM acts as an Investment Adviser (registered under the Investment
Advisers Act of 1940) to certain entities and accounts, and may be deemed to be
a beneficial owner of 423,698 shares of Common Stock of the Issuer owned by such
entities or accounts. GEIM, GEPT and GEIC each expressly disclaim that they are
members of a "group". GE disclaims beneficial ownership of all shares and
expressly disclaims that it is a member of a "group".
Item 1(a) Name of Issuer
R.P. Scherer Corp.
Item 1(b) Address of Issuer's Principal Executive Office
2075 West Big Beaver Road
P.O. Box 7060
Troy, MI 48007-7060
Item 2(a) Name of Person Filing
Trustees of General Electric Pension Trust ("GEPT") (See Schedule
II).
General Electric Investment Corporation, as Investment Adviser
to the Trustees of General Electric Pension Trust and certain other
entities and accounts
GE Investment Management Incorporated, as Investment Adviser to
certain entities and accounts
General Electric Company (see Schedule I)
Item 2(b) Address of Principal Business Office
The address of the principal offices of GEPT, GEIC and GEIM is 3003
Summer Street, Stamford, Connecticut 06904. The address of the
principal offices of General Electric Company is 3135 Easton
Turnpike, Fairfield, Connecticut 06431.
Item 2(c) Citizenship
Page 6 of 14
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General Electric Pension Trust - New York
General Electric Investment Corporation - Delaware
GE Investment Management Incorporated - Delaware
General Electric Company - New York
Item 2(d) Title of Class of Securities
Common Stock
Item 2(e) CUSIP Number
806528105
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of
the Act
(b) [ ] Bank as defined in Section 3(a) of the Act
(c) [ ] Insurance Company as defined in Section
3(a)(19) of the Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [X] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) [X] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see
ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
ss.240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(H)
Item 4 Ownership
(see cover pages and introductory note)
Item 5 Ownership of Five Percent or Less of a Class
Page 7 of 14
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If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [ ].
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Not applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company
Not applicable
Item 8 Identification and Classification of Members of the Group
Not applicable
Item 9 Notice of Dissolution of Group
Not applicable
Item 10 Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purposes or
effect.
Page 8 of 14
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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: February 12, 1998
TRUSTEES OF GENERAL ELECTRIC
PENSION TRUST
By: /s/ Alan M. Lewis
---------------------
Name: Alan M. Lewis
Title: Trustee
Page 9 of 14
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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: February 12, 1998
GENERAL ELECTRIC INVESTMENT
CORPORATION, as Investment
Adviser to General Electric
Pension Trust and certain other
entities and accounts
By: /s/ Michael M. Pastore
--------------------------
Name: Michael M. Pastore
Title: Vice President
Page 10 of 14
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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: February 12, 1998
GE INVESTMENT MANAGEMENT
INCORPORATED, as Investment
Adviser to certain entities and
accounts
By: /s/ Michael M. Pastore
--------------------------
Name: Michael M. Pastore
Title: Vice President
Page 11 of 14
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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: February 12, 1998
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers
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Name: John H. Myers
Title: Vice President
Page 12 of 14
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Schedule I
JOINT FILING AGREEMENT
This will confirm the agreement by and between all the undersigned
that the Schedule 13G on or about this date and any amendments thereto with
respect to the beneficial ownership by the undersigned of shares of the Common
Stock of R.P. Scherer Corp. is being filed on behalf of each of the undersigned.
Dated: February 12, 1998
TRUSTEES OF GENERAL ELECTRIC
PENSION TRUST
By: /s/ Alan M. Lewis
-------------------------------
Name: Alan M. Lewis
Title: Trustee
GENERAL ELECTRIC INVESTMENT
CORPORATION, as Investment Adviser
to General Electric Pension Trust
and certain other entities and
accounts
By: /s/ Michael M. Pastore
-------------------------------
Name: Michael M. Pastore
Title: Vice President
GE INVESTMENT MANAGEMENT
INCORPORATED, as Investment
Adviser to certain entities and
accounts
By: /s/ Michael M. Pastore
-------------------------------
Name: Michael M. Pastore
Title: Vice President
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers
-------------------------------
Name: John H. Myers
Title: Vice President
Page 13 of 14
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Schedule II
TRUSTEES OF GENERAL ELECTRIC PENSION TRUST
3003 Summer Street, P.O. Box 7900
Stamford, Connecticut 06904
The names of the Trustees of General Electric Pension Trust are as
follows:
Eugene K. Bolton
Michael J. Cosgrove
Ralph R. Layman
Alan M. Lewis
Robert A. MacDougall
John H. Myers
Thomas J. Szkutak
Donald W. Torey
Page 14 of 14
