-----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, Wz12Mr+z6annOrLDfKWNxsyk9GNm07vwdW7vuD34BwzczgsTbgH3w2IoGci/gKuk z4wCgyRbxVAH0JRHeeqHnQ== 0000900260-96-000004.txt : 19960228 0000900260-96-000004.hdr.sgml : 19960228 ACCESSION NUMBER: 0000900260-96-000004 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960227 SROS: NASD GROUP MEMBERS: KENTON E. WOOD GROUP MEMBERS: KINDER INVESTMENTS L P SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MACROCHEM CORP CENTRAL INDEX KEY: 0000743884 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 042744744 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36722 FILM NUMBER: 96525953 BUSINESS ADDRESS: STREET 1: 110 HARTWELL AVE CITY: LEXINGTON STATE: MA ZIP: 02173 BUSINESS PHONE: 6178624003 MAIL ADDRESS: STREET 1: 110 HARTWELL AVENUE CITY: LEXINGTON STATE: MA ZIP: 02173 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KINDER INVESTMENTS L P CENTRAL INDEX KEY: 0000900260 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133538550 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 44 WALL ST CITY: NEW YORK STATE: NY ZIP: 10005 SC 13D/A 1 AMENDED SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.___5___)* MacroChem Corporation ----------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value -------------------------------------------------------- (Title of Class of Securities) 555903103 ---------------------------------------------------------- (CUSIP Number) Kenton E. Wood, c/o Kinder Investments, L.P., 779 CR 403, Greenville, New York 12083 ------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 15, 1996 ----------------------------------------------------------- (Date of Event which Requires FIling of this Statement) 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 five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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 1 of 5 pages CUSIP No. 555903103 13G Page 2 of 5 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kenton E. Wood - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 Source of Funds See Item #3 herein. - ------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is required pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Great Britian - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 1,139,735 BENEFICIALLY -------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 0 REPORTING -------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 1,139,735 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,139,735 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT CUSIP No. 555903103 13G Page 3 of 5 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kinder Investments, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 Source of Funds Partnership funds, see Item #3 herein. - ------------------------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is required pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 1,139,735 REPORTING -------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,139,735 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,139,735 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 4 of 5 Pages Kenton E. Wood and Kinder Investments, L.P. ("Kinder Investments") (together, the "Reporting Parties") hereby amend their statement on Schedule 13D relating to the common stock, $.01 par value ("shares") of MacroChem Corporation as follows: Item 3. is hereby amended by adding the following new paragraph thereto: Since the previously filed Schedule 13D, Amendment No. 4, no funds were expended by either Kinder Investments or Mr. Wood. Item 5. (a) is hereby amended in its entirety as follows: As of February 15, 1996, Mr. Wood (2) and Kinder Investments beneficially own 1,139,735 or 7.3% of the Issuer's shares as follows: (i) 73,068 shares, (ii) a Warrant to purchase 35,000 shares of Common Stock at $1.75 per share through September 2, 1997, (iii) 440,000 Class A Warrants (1) to purchase 440,000 shares at $3.00 per share, and (iv) 591,667 Class AA Warrants (1) to purchase 591,667 shares at $4.50 per share. Item 5.(c) is hereby amended by adding the following paragraph: The following open-market transactions have been made by Kinder Investments, since February 2, 1996: Purchase Price Date or Sale Amount per share 02/09/96 Sale 300,000 shares 5.73 02/15/96 Sale 220,000 shares 6.36 _______________________________________________________________________________ (1) Each Class A Warrant is exercisable until 12/13/97 to purchase one share at a price of $3.00, subject to adjustment, and each Class AA Warrant is exercisable until 12/13/97 to purchase one share at a price of $4.50, subject to adjustment. (2) Mr. Wood is the Chairman and the Chief Executive Officer of D.H. Blair & Co., Inc. ("Blair") and a stockholder and director of Blair. Certain limited partners of Kinder Investments are also stockholders of Blair. The limited partners of Kinder Investments are the children and grandchildren of J. Morton Davis, the sole stockholder and director of the corporation which owns D.H. Blair Investment Banking Corp. ("Blair Banking"). Not included above are 60,000 Class A Warrants and 60,000 Class AA Warrants owned by Blair Banking, as to all of which shares both Kinder Investments and Mr. Wood disclaim beneficial ownership. Blair, Blair Banking and Mr. Davis disclaim for purposes of Section 13 or otherwise beneficial ownership of the shares owned by Kinder Investments. Kinder Investments disclaims for purposes of Section 13 or otherwise ownership of any shares owned by Blair, Blair Banking or Mr. Davis. Page 5 of 5 pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Kinder Investments, L.P. /s/ Kenton E. Wood Date: February 26, 1996 by:_____________________________ New York, New York Kenton E. Wood General Partner /s/ Kenton E. Wood Date: February 26, 1996 _____________________________ New York, New York Kenton E. 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