SAFECO CORP
SC 13G/A, 1999-05-12
FIRE, MARINE & CASUALTY INSURANCE
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<PAGE>



                         SECURITIES AND EXCHANGE COMMISSION

                              Washington, D.C.  20549



                                    SCHEDULE 13G



                     Under the Securities Exchange Act of 1934
                                   (Amendment 1)*

                             Serologicals Corporation
                             ------------------------
                                  (Name of Issuer)


                                    Common Stock
                                    ------------
                           (Title of Class of Securities)


                                     817523103
                                     ---------
                                   (CUSIP Number)

      April 30, 1999  (Date of Event Which Requires Filing of this Statement)
    ---------------
Check the appropriate box to designate the rule pursuant to which this schedule
is filed:
                                 (X) Rule 13d-1(b)
                                 ( ) Rule 13d-1(c)
                                 ( ) Rule 13d-1(d)

* 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).

                           (Continued on following page(s))


<PAGE>

CUSIP NO.817523103
- -----------------------------------------------------------------
1)   Name of Reporting Person           SAFECO Common Stock Trust
     S.S. or I.R.S. Identifica-
     tion No. of Above Person
- -----------------------------------------------------------------


2)   Check the Appropriate Box          (a)
     if a Member of a Group             -------------------------
     (See Instructions)                 (b)
- -----------------------------------------------------------------
3)   SEC Use Only
- -----------------------------------------------------------------
4)   Citizenship or Place of            State of Delaware
     Organization
- -----------------------------------------------------------------
Number of      (5) Sole Voting
Shares Bene-       Power                0
ficially
Owned by       --------------------------------------------------
Reporting      (6) Shared Voting        2,420,756
Person With        Power
               --------------------------------------------------
               (7) Sole Disposi-
                   tive Power           0
               --------------------------------------------------
               (8) Shared Disposi-      2,420,756
                   tive Power
- -----------------------------------------------------------------
9)   Aggregate Amount Bene-             2,420,756
     ficially Owned by
     Reporting Person
- -----------------------------------------------------------------
10)  Check if the Aggregate
     Amount in Row (9) Excludes
     Certain Shares (See Instructions)
- -----------------------------------------------------------------
11)  Percent of Class
     Represented by Amount in Row 9     9.8%
- -----------------------------------------------------------------
12)  Type of Reporting Person           IV
     (See Instructions)

<PAGE>

CUSIP NO. 817523103

- -----------------------------------------------------------------
 1)  Name of Reporting Person           SAFECO Asset Management
     S.S. or I.R.S. Identifica-         Company
     tion No. of Above Person
- -----------------------------------------------------------------
2)   Check the Appropriate Box          (a)
     if a Member of a Group             -------------------------
     (See Instructions)                 (b)
- -----------------------------------------------------------------
3)   SEC Use Only
- -----------------------------------------------------------------

4)   Citizenship or Place of            State of Washington
     Organization
- -----------------------------------------------------------------
Number of      (5) Sole Voting
Shares Bene-       Power                0
ficially       --------------------------------------------------
Owned by       (6) Shared Voting
Reporting          Power                3,295,256
Person With    --------------------------------------------------
               (7) Sole Disposi-
                   tive Power           0
               --------------------------------------------------
               (8) Shared
                   Dispositive Power    3,295,256
- -----------------------------------------------------------------
9)   Aggregate Amount Bene-             3,295,256(1)
     ficially Owned by
     Reporting Person
- -----------------------------------------------------------------
10)  Check if the Aggregate
     Amount in Row (9) Excludes
     Certain Shares (See Instructions)
- -----------------------------------------------------------------
11)  Percent of Class Represented
     by Amount in Row 9                 13.4%
- -----------------------------------------------------------------
12)  Type of Reporting Person           IA
     (See Instructions)




- ------------------------------
     (1)   The Reporting Person disclaims any beneficial ownership of the
           shares reported on this joint 13G.  The reported shares are owned
           beneficially by registered investment companies for which the
           Reporting Person serves as an advisor, and include the shares
           reported in this joint 13G by SAFECO Common Stock Trust.


<PAGE>

CUSIP NO.817523103


- -----------------------------------------------------------------
1)   Name of Reporting Person           SAFECO Corporation
     S.S. or I.R.S. Identifica-
     tion No. of Above Person
- -----------------------------------------------------------------
2)   Check the Appropriate Box          (a)
     if a Member of a Group             -------------------------
     (See Instructions)                 (b)
- -----------------------------------------------------------------
3)   SEC Use Only
- -----------------------------------------------------------------
4)   Citizenship or Place of            State of Washington
     Organization
- -----------------------------------------------------------------
Number of      (5) Sole Voting
Shares Bene-       Power                0
ficially       --------------------------------------------------
Owned by       (6) Shared Voting
Reporting          Power                3,295,256
Person With    --------------------------------------------------
               (7) Sole Disposi-
                   tive Power           0
               --------------------------------------------------
           (8) Shared
               Dispositive Power        3,295,256

- -----------------------------------------------------------------
9)   Aggregate Amount Beneficially      3,295,256(2)
     Owned by Reporting Person

- -----------------------------------------------------------------
10)  Check if the Aggregate
     Amount in Row (9) Excludes
     Certain Shares (See Instructions)
- -----------------------------------------------------------------
11)  Percent of Class Represented
     by Amount in Row 9                 13.4%
- -----------------------------------------------------------------
12)  Type of Reporting Person           HC
     (See Instructions)
- -----------------------------------------------------------------









- ------------------------------
     (2)   The Reporting Person disclaims any beneficial ownership of the
           shares reported on this joint 13G. The reported shares are owned
           beneficially by registered investment companies for which a
           subsidiary of the Reporting Person serves as adviser, and include
           the shares reported in this joint 13G by SAFECO Common Stock
           Trust.


<PAGE>

CUSIP NO.817523103


Item 1(a). Name of Issuer:  See front cover

Item 1(b). Address of Issuer Principal Executive Offices:

           780 Park North Boulevard, Suite 110, Clarkston, GA  30021

Item 2(a). Name of Person(s) Filing:  See Item 1 on cover page (pp 2-4).

Item 2(b). Address of Principal Business Office or, If None, Residence:

           SAFECO Common Stock Trust:  10865 Willows Road NE, Redmond, WA
           98052

           SAFECO Corporation:  SAFECO Plaza, Seattle, WA  98185

           SAFECO Asset Management Company:  601 Union Street, Suite 2500,
           Seattle, WA  98101

Item 2(c). Citizenship:   See Item 4 on cover page (pp 2-4).

Item 2(d). Title of Class of Securities:   See front cover page.

Item 2(e). CUSIP Number:   See front cover page.

Item 3.    If this statement is filed pursuant to Rules 13d-1(b)
           or 13d-2(b) or (c), check whether the persons filing are:

          (a)       ( )  Broker or Dealer registered under Section 15 of the
                         Act.
          (b)       ( )  Bank as defined in Section 3(a)(6) of the Act.
          (c)       ( )  Insurance Company as defined in Section 3(a)(19) of
                         the Act.
          (d)       (X)  Investment Company registered under Section 8 of the
                         Investment Company Act of 1940.
          (e)       (X)  Investment Advisor registered under Section 203 of the
                         Investment Advisers Act of 1940.
          (f)       ( )  Employee Benefit Plan, Pension Fund which is subject
                         to provisions of Employee Retirement Income Security
                         Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)
                         (ii)(F).
          (g)       (X)  Parent Holding Company in accordance with
                         Rule 13d-1(b)(ii)(G).
          (h)       ( )  Savings Association as defined in Section 3(b) of the
                         Federal Deposit Insurance Act.
          (i)       ( )  Church Plan that is excluded from the definition of an
                         investment company under Section 3(c)(14) of the
                         Investment Company Act of 1940.
          (j)       ( )  Group, in accordance with Rule 13d-1(b)(1)(ii)(H).


<PAGE>


CUSIP NO.817523103
Item 4.   Ownership:

           Items (a) through (c): See items 1 and 5-11 of the cover
           pages (pp 2-4).

           SAFECO Asset Management Company and SAFECO Corporation expressly
           declare that the filing of this statement on Schedule 13G shall
           not be construed as an admission that they are, for the purposes
           of Section 13(d) or 13(g) of the Securities and Exchange Act of
           1934, the beneficial owners of any securities covered by this
           statement.  Each of such companies is filing this statement
           because it is considered an indirect beneficial owner of such
           securities based on its ownership or control of one or more
           investment companies which directly own such shares.

Item 5.   Ownership of 5% or Less of a Class:  Not applicable.

Item 6.   Ownership of More than 5% 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.

           SAFECO Asset Management Company is the subsidiary on which SAFECO
           Corporation is reporting as the parent holding company.  SAFECO
           Asset Management Company is an investment adviser as specified in
           Item 12 on the cover page (p. 3), and reported shares are owned
           beneficially by registered investment companies for which SAFECO
           Asset Management Company serves as investment adviser.

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 and
           are held in the ordinary course of business and 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 such 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>


CUSIP NO.817523103


Exhibits.

           The statement required by Rule 13d-1(f) is attached as
           Exhibit A.


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.


Date:  May 10, 1999                SAFECO Corporation



                                   By      /s/ Ronald L. Spaulding
                                      ----------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Common Stock Trust



                                   By       /s/ Ronald L. Spaulding
                                      ----------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Asset Management Company



                                   By       /s/ Neal A. Fuller
                                      ----------------------------------------
                                      Neal A. Fuller, Secretary


<PAGE>


CUSIP NO.817523103

                            EXHIBIT A



Agreement for filing Schedule 13-G.

Pursuant to the requirements of Regulation 13d-1(d), SAFECO Corporation, SAFECO
Asset Management Company, and SAFECO Common Stock Trust each agree that Schedule
13-G filed by them with regard to Serologicals Corporation's common stock is
filed on behalf of each of them.


Date: May 10, 1999                 SAFECO Corporation



                                   By       /s/ Ronald L. Spaulding
                                      ----------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Common Stock Trust


                                   By       /s/ Ronald L. Spaulding
                                      ----------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Asset Management Company



                                   By      /s/  Neal A. Fuller
                                      ----------------------------------------
                                      Neal A. Fuller, Secretary




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