UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Meridian Medical Technologies, Inc.
(Name of Issuer)
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Common Stock
(Title of Class of Securities)
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589658103
(CUSIP Number)
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Check the following box if a fee is being paid with this 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).
<PAGE>
Cusip 589658103 Page 2 of 9
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1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SBC Warburg Dillon Read Inc.
13-1939216
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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
Connecticut
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------
5
SOLE VOTING POWER
- -0-
- -----------------------------------------------------------
6
SHARED VOTING POWER
12,613 shares
- -----------------------------------------------------------
7
SOLE DISPOSITIVE POWER
- -0-
- -----------------------------------------------------------
8
SHARED DISPOSITIVE POWER
12,613 shares
- -----------------------------------------------------------
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SBC Warburg Dillon Read Inc. reports 12,613 shares held for managed accounts
and disclaims beneficial interest in such shares.
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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)
0.4%
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12
TYPE OF REPORTING PERSON*
BD CO
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* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Cusip 589658103 Page 3 of 9
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1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SBC Warburg Dillon Read Holding Inc.
13-3634771
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2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
a / /
b / /
- -----------------------------------------------------------
3
SEC USE ONLY
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4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------
5
SOLE VOTING POWER
- -0-
- -----------------------------------------------------------
6
SHARED VOTING POWER
12,613 shares
- -----------------------------------------------------------
7
SOLE DISPOSITIVE POWER
- -0-
- -----------------------------------------------------------
8
SHARED DISPOSITIVE POWER
12,613 shares
- -----------------------------------------------------------
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SBC Warburg Dillon Read Holding Inc. disclaims beneficial ownership of 12,613
shares attributable to it through its ownership of SBC Warburg Dillon Read
Inc.
- -----------------------------------------------------------
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
- -----------------------------------------------------------
12
TYPE OF REPORTING PERSON*
HC CO
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* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Cusip 589658103 Page 4 of 9
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1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SBC Holding (USA), Inc.
13-3506524
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2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
a / /
b / /
- -----------------------------------------------------------
3
SEC USE ONLY
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4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware corporation
- -----------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------
5
SOLE VOTING POWER
- -0-
- -----------------------------------------------------------
6
SHARED VOTING POWER
12,613 shares
- -----------------------------------------------------------
7
SOLE DISPOSITIVE POWER
- -0-
- -----------------------------------------------------------
8
SHARED DISPOSITIVE POWER
12,613 shares
- -----------------------------------------------------------
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SBC Holding (USA), Inc. disclaims beneficial ownership of 12,613 shares
attributable to it through its ownership of SBC Warburg Dillon Read Holding
Inc.
- -----------------------------------------------------------
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
- -----------------------------------------------------------
12
TYPE OF REPORTING PERSON*
HC CO
- -----------------------------------------------------------
* SEE INSTRUCTION BEFORE FILLING OUT!
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<PAGE>
Cusip 589658103 Page 5 of 9
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1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Swiss Bank Corporation
13-5424347
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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
Switzerland
- -----------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------
5
SOLE VOTING POWER
- -0-
- -----------------------------------------------------------
6
SHARED VOTING POWER
12,613 shares
- -----------------------------------------------------------
7
SOLE DISPOSITIVE POWER
- -0-
- -----------------------------------------------------------
8
SHARED DISPOSITIVE POWER
12,613 shares
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9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Swiss Bank
Corporation disclaims beneficial ownership of 12,613 shares attributable to it
through its ownership of SBC Holding (USA), Inc.
- -----------------------------------------------------------
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -----------------------------------------------------------
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
- -----------------------------------------------------------
12
TYPE OF REPORTING PERSON*
HC CO
* SEE INSTRUCTION BEFORE FILLING OUT!
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<PAGE>
Cusip 589658103 Page 6 of 9
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Item 1(a) Name of Issuer:
Meridian Medical Technologies, Inc. (the "Company")
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Item 1(b) Address of Issuer's Principal Executive Offices:
10240 Old Columbia Road
Columbia, Maryland 21046
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Item 2(a) Name of Person Filing:
SBC Warburg Dillon Read Inc., SBC Warburg Dillon Read Holding Inc., SBC
Holding (USA), Inc. and Swiss Bank Corporation ("SBC").
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Item 2(b) Address of Principal Business:
SBC Warburg Dillon Read Inc. and SBC Warburg Dillon Read Holding Inc. are
located at:
535 Madison Avenue, New York, NY 10022;
SBC Holding (USA), Inc. is located at:
222 Broadway, New York, NY 10038
Swiss Bank Corporation is located at:
Aeschenplatz 6 CH-4002
Basel, Switzerland
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Item 2(c) Citizenship:
Incorporated by reference to Item 4 of the cover pages.
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Item 2(d) Title of Class of Securities:
Common Stock (the "Common Stock")
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Item 2(e) CUSIP Number:
589658103
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Item 3 Type of Person Filing:
SBC Warburg Dillon Read Inc. is a Broker or Dealer registered under section 15
of the Act. Each of SBC Warburg Dillon Read Holding Inc., SBC Holding (USA),
Inc. and Swiss Bank Corporation is a Parent Holding Company in accordance with
section 240.13d-1(b)(1)(ii)(G).
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Item 4 Ownership:
Incorporated by reference to Items 5-11 of the cover pages.
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Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable
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Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Accounts managed on a discretionary basis by SBCWDR have the right to receive
or the power to direct the receipt of dividends from, or the proceeds from the
sale of, the Common Stock. No account holds more than 5 percent of the
outstanding Common Stock.
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<PAGE>
Cusip 589658103 Page 7 of 9
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Item 7 Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company:
A Schedule 13G with respect to beneficial ownership of the Common Stock of the
Company was jointly filed on behalf of Dillon, Read Holding Inc., Dillon, Read
Inc., and Dillon, Read & Co. Inc. on February 13, 1997. Effective September
2, 1997, Dillon, Read Holding Inc., the parent of Dillon, Read Inc. and
Dillon, Read & Co. Inc., merged with and into SBC/DRH Merger, Inc., a wholly
owned direct subsidiary of Swiss Bank Corporation. Dillon, Read Holding Inc.
was the corporate survivor of the transaction and it then changed its name to
SBC Warburg Dillon Read Holding Inc. On that same date, Dillon, Read & Co.
Inc. merged with and into SBC Warburg, Inc., a wholly owned indirect
subsidiary of Swiss Bank Corporation. Dillon, Read & Co. Inc. was the
corporate survivor of the transaction and it then changed its name to SBC
Warburg Dillon Read Inc. In connection with the above-described mergers, the
ownership of certain investment funds that had been deemed to be affiliates of
Dillon, Read & Co. Inc., including certain investment funds that held Common
Stock of the Company, were restructured and ceased to be deemed affiliates of
Dillon, Read & Co. Inc., now known as SBC Warburg Dillon Read Inc. Therefore,
as of September 2, 1997, the holdings of such investment funds were no longer
aggregated with the holdings of SBC Warburg Dillon Read Inc. and consequently
as of such date, SBC Warburg Dillon Read Inc. ceased to hold greater than 5%
of the Common Stock of the Company.
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Item 8 Identification and Classification of Member of the Group:
Not Applicable
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Item 9 Notice of Dissolution of Group:
Not Applicable
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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.
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<PAGE>
Cusip 589658103 Page 8 of 9
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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.
Date: February 13, 1998
SBC Warburg Dillon Read Inc.
By: /s/ David W. Niemiec By: /s/ William F. Bidell
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David W. Niemiec William F. Bidell
Managing Director Director
SBC Warburg Dillon Read Holding Inc.
By: /s/ David W. Niemiec By: /s/ William F. Bidell
------------------- -------------------
David W. Niemiec William F. Bidell
Vice Chairman Assistant Treasurer
SBC Holding (USA), Inc.
By: /s/ Mario Cueni By: /s/ Mike Daly
------------------- -------------------
Mario Cueni Mike Daly
Secretary Treasurer
Swiss Bank Corporation
By: /s/ Mario Cueni By: /s/ R. Bottegay
------------------- -------------------
Mario Cueni R. Bottegay
Managing Director Legal Adviser
Legal Adviser
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<PAGE>
Cusip 589658103 Page 9 of 9
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INDEX TO EXHIBITS
EXHIBIT 1 - AGREEMENT TO MAKE A JOINT FILING
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EXHIBIT 1
AGREEMENT TO MAKE A JOINT FILING
SBC Warburg Dillon Read Inc., SBC Warburg Dillon Read Holding Inc., SBC Holding
(USA) Inc., and Swiss Bank Corporation each agrees that this Schedule 13G
(including all amendments thereto) is filed by and on behalf of each such party.
Date: February 13, 1998
SBC Warburg Dillon Read Inc.
By: /s/ David W. Niemiec By: /s/ William F. Bidell
------------------- -------------------
David W. Niemiec William F. Bidell
Managing Director Director
SBC Warburg Dillon Read Holding Inc.
By: /s/ David W. Niemiec By: /s/ William F. Bidell
------------------- -------------------
David W. Niemiec William F. Bidell
Vice Chairman Assistant Treasurer
SBC Holding (USA), Inc.
By: /s/ Mario Cueni By: /s/ Mike Daly
------------------- -------------------
Mario Cueni Mike Daly
Secretary Treasurer
Swiss Bank Corporation
By: By:
------------------- -------------------
R. Bottegay Mario Cueni
Legal Adviser Managing Director
Legal Adviser
