-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ov3nieePystzT2Hx884iiZriuaI52ZvJjkT2ftkjr2ExFu4+LMSRrhDWsMMF07w6 ZlpglesVkYWtDvEj+ECAQQ== 0000066479-97-000010.txt : 19970404 0000066479-97-000010.hdr.sgml : 19970404 ACCESSION NUMBER: 0000066479-97-000010 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970403 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MILLIPORE CORP CENTRAL INDEX KEY: 0000066479 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 042170233 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-10772 FILM NUMBER: 97574312 BUSINESS ADDRESS: STREET 1: 80 ASHBY RD CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 6172759200 MAIL ADDRESS: STREET 1: 80 ASHBY ROAD CITY: BEDFORD STATE: MA ZIP: 01730 FORMER COMPANY: FORMER CONFORMED NAME: MILLIPORE FILTER CORP DATE OF NAME CHANGE: 19661116 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MILLIPORE CORP CENTRAL INDEX KEY: 0000066479 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 042170233 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 80 ASHBY RD CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 6172759200 MAIL ADDRESS: STREET 1: 80 ASHBY ROAD CITY: BEDFORD STATE: MA ZIP: 01730 FORMER COMPANY: FORMER CONFORMED NAME: MILLIPORE FILTER CORP DATE OF NAME CHANGE: 19661116 SC 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) PerSeptive Biosystems, Inc. (Name of Issuer) Common Stock, $0.01 Par Value (Title of Class of Securities) 715271 10 2 (CUSIP Number) Geoffrey Nunes MILLIPORE CORPORATION 80 Ashby Road Bedford, MA 01730 (617) 533-2209 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 14, 1996 (Date of Event Which Requires Filing of this Amendment) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the reporting 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 less than five percent of such class. See Rule 13d-7.) * The remainder of this cover page shall be filled out for a reporting person's initial filing of this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter 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 purposes 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). CUSIP No. 715271 10 2 1) Name of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons 1. Millipore Corporation 04-2170233 2. Millipore Investment Holdings Limited 51-0321703 2) Check the Appropriate Row if a member of a Group (See Instructions) (a) X (b) 3) SEC Use Only 4) Source of Funds (See Instructions) OO 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) 6) Citizenship or Place of Organization Millipore Corporation -- Massachusetts Millipore Investment Holdings Limited -- Delaware Number of (7) Sole Voting Power Millipore Corporation -- Shares Bene- 742,739 ficially Millipore Investment Holdings Ltd. -- Owned By 1,164,710 (8) Shared Voting Power 0 (9) Sole Dispositive Power Millipore Corporation - 742,739 Millipore Investment Holdings Ltd.- Each Reporting 1,164,710 Person With (10) Shared Dispositive Power 0 11) Aggregate Amount Beneficially Owned by Each Reporting Person Millipore Corporation -- 742,739 Millipore Investment Holdings Ltd. -- 1,164,710 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13) Percent of Class Represented by Amount in Row (11) In aggregate 8.29% 14) Type of Reporting Person (See Instructions) _____________________________ Millipore Corporation CO Millipore Investment Holdings Ltd. CO Item 1. Security and Issuer [No Change] Equity Securities: Common Stock, $0.01 Par Value Issuer: PerSeptive Biosystems, Inc. 500 Old Connecticut Path Framingham, MA 01701 Item 2. Identity and Background [No Change] (a) Name: Millipore Corporation Millipore Investment Holdings Ltd. (b) State of Organization: Massachusetts Delaware (c) Address of Principal 80 Ashby Road 1013 Centre Road, Suite 350 Business & Office: Bedford, MA 01730 Wilmington,DE 19805 (d) Criminal Proceedings: Not Applicable Not Applicable (e) Civil Injunction relating to Federal or State Securities laws: Not Applicable Not Applicable Item 3. Source and Amount of Funds or Other Consideration [No Change] Millipore Corporation: The reported shares of Common Stock of PerSeptive Biosystems, Inc. were received upon the redemption of 462 shares of the Series A Redeemable Convertible Preferred Stock, $0.01 Par Value, of PerSeptive Biosystems, Inc. on August 22, 1995 and of 460 shares of such Series A Redeemable Convertible Preferred Stock, $0.01 Par Value, on August 22, 1996 which were part of an aggregate of 1,850 shares of such Preferred Stock delivered to Millipore Corporation in partial consideration for the divestiture sale of the physical assets and goodwill of Millipore Corporation's Life Science Division. Millipore Investment The reported shares of Common Stock of Holdings Limited: Inc. PerSeptive Biosystems,were received upon the redemption of 538 shares of the Series A Redeemable Convertible Preferred Stock, $0.01 Par Value,of PerSeptive Biosystems, Inc. on August 22, 1995 and of 540 shares of such Series A Redeemable Convertible Preferred Stock, $0.01 Par Value, on August 22, 1996 which were part of an aggregate of 2,150 shares of such Preferred Stock delivered to Millipore Investment Holdings Limited in partial consideration for the divestiture sale of the intellectual property related to the former Life Science Division of Millipore Corporation. Item 4. Purpose of Transaction [No Change]. The shares of Common Stock of PerSeptive Biosystems, Inc. reported herein were acquired by the reporting persons as a result of the election by PerSeptive Biosystems, Inc. to redeem the first and second installments of its Series A Redeemable Convertible Preferred Stock, $0.01 Par Value, on the required redemption dates by the conversion on each such redemption date of an aggregate of 1,000 shares of such Preferred Stock into Common Stock in accordance with the terms of the Certificate of Designations with respect to such Preferred Stock. An aggregate of 4,000 shares of Series A Redeemable Convertible Preferred Stock were delivered to Millipore Corporation and Millipore Investment Holdings Ltd. pursuant to the divestiture sale of the former Millipore Life Science Division to PerSeptive Biosystems, Inc. on August 22, 1994. The shares of such Preferred Stock are mandatorily redeemable in four equal annual installments on August 22, 1995, 1996, 1997 and 1998 at a cash redemption price of $10,000 per share or by conversion into that number of shares of PerSeptive Biosystems Common Stock yielded by dividing the closing price for such Common Stock on the last trading day before the fifth business day prior to each redemption date. The Series A Redeemable Convertible Preferred Stock is also redeemable in its entirety at the option of the reporting persons in the event that the market value of PerSeptive Biosystems, Inc. Common Stock exceeds a specified target value. (a) It is expected that future mandatory redemptions of the Series A Redeemable Convertible Preferred Stock may be effected through the conversion into additional shares of PerSeptive Biosystems, Inc. Common Stock. (b)-(j) While the reporting persons are entitled to certain rights in the event of a default by PerSeptive Biosystems, Inc. in its obligation to redeem the Series A Redeemable Convertible Preferred Stock in accordance with the mandatory redemption provisions; neither of the reporting persons have any plans or proposals relating to material changes in the issuer's business or corporate structure, including those matters enumerated in paragraphs (b) through (j) of Item 4 to Schedule 13-d. Item 5. Interest in Securities of the Issuer. (a) Millipore Corporation 742,739 shares 3.5%* Millipore Investment Holdings Ltd. 1,164,710 shares 5.5%* 1,907,249 8.9%* * Based on 21,386,398 shares outstanding as of January 22, 1997, as reported in PerSeptive Biosystems, Inc. Proxy Statement, dated January 28, 1997 (b) Millipore Corporation 742,739 shares sole power to vote or dispose Millipore Investment Holdings Ltd. 1,164,710 shares sole power to vote or dispose (c) Within the last 60 days the following sales of the Common Stock of PerSeptive Biosystems, Inc. by the persons enumerated in paragraph (a) above have occurred: Person Date of Sale Number of Shares Price per Share Millipore Corporation 2/25/97 35,000 $8.1429 Millipore Corporation 2/26/97 6,000 $8.125 Millipore Corporation 3/12/97 94,000 $8.4844 Millipore Corporation 3/13/97 30,000 $8.6833 Millipore Corporation 3/14/97 37,500 $8.50 Millipore Corporation 3/18/97 7,500 $8.50 All of such sales were effected in market transactions through J.P. Morgan Securities, Inc., 60 Wall Street, New York (d)-(e) [No Change]. Not Applicable Item 6.Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. [No Change]. Not Applicable Item 7. Material to be Filed as Exhibits. [No Change]. (1) Certificate of Designations, Series A Redeemable Convertible Preferred Stock, ($0.01 Par Value) of PerSeptive Biosystems, Inc. Previously Filed 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 3, 1997 (Date) MILLIPORE CORPORATION By:/s/ Geoffrey Nunes Geoffrey Nunes, Senior Vice President MILLIPORE INVESTMENT HOLDINGS LTD. By:/s/ Peter W. Walcott Witness: /s/ Paul O'Connor Peter W. Walcott, Nashua, New Hampshire Vice President -----END PRIVACY-ENHANCED MESSAGE-----