-----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, Wy/J80Bw5EUpzr9arXBWEsWNjY9Bg5A3ynXCw+Dt0cc39sOQPdDr8YoaxYhvE+yg Kqd6+TenbOnLt6b7cXqO3A== 0000891092-00-000199.txt : 20000317 0000891092-00-000199.hdr.sgml : 20000317 ACCESSION NUMBER: 0000891092-00-000199 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000316 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BITSTREAM INC CENTRAL INDEX KEY: 0000818813 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 042744890 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-47395 FILM NUMBER: 571570 BUSINESS ADDRESS: STREET 1: 215 FIRST ST CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6174976222 MAIL ADDRESS: STREET 1: 215 FIRST ST CITY: CAMBRIDGE STATE: MA ZIP: 02142 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GESFID SA CENTRAL INDEX KEY: 0001100929 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: VIA ADAMINI 10A STREET 2: LUGANO, SWITZERLAND SC 13D/A 1 SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 3)* BITSTREAM INC. - -------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 091736 10 8 ------------ (CUSIP Number) Paul A. Gajer, Esq. Rubin Baum Levin Constant & Friedman 30 Rockefeller Plaza, 29th Floor New York, New York 10112 (212) 698-7700 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 26, 2000 - -------------------------------------------------------------------------------- (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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. 9 NOTE: Schedules filed in paper format shall include a signed original and five copies of this schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. 1 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 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 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 1 of 8 CUSIP NO. 091736 10 8 SCHEDULE 13D Page 2 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSON Gesfid S.A. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* None - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1.7% 125,701 shares NUMBER OF ---------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 125,701 shares 1.7% PERSON WITH ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 125,701 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 091736 10 8 SCHEDULE 13D Page 3 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSON Antonio Saladino S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* None - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Switzerland - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1.7% 125,701 shares NUMBER OF ---------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 125,701 shares 1.7% PERSON WITH ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 125,701 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! ITEM 1. SECURITY AND ISSUER This statement, dated March 3, 2000, constitutes Amendment No. 3, the Final Amendment to the Schedule 13D dated December 10, 1999, as amended by Amendment No. 1 to the Schedule 13D and Amendment No. 2 to the Schedule 13D (collectively, the "Schedule"), regarding the Reporting Persons' ownership of the Common Stock of Bitstream Inc., a Delaware corporation ("Bitstream"). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Schedule. This Amendment No. 3 to the Schedule is filed in accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended, by the Reporting Person. It shall refer only to information which has materially changed since the filing of the Schedule. ITEM 4. PURPOSE OF TRANSACTION From January 7, 2000 through March 3, 2000, the Reporting Persons sold shares of Common Stock in a series of open market transactions. The Reporting Persons may sell additional shares of Common Stock from time to time in open market or in privately negotiated transactions. In addition, the Reporting Persons may take other actions with respect to the shares of Common Stock. All of the transactions with respect to the shares of Common Stock may be effected from time to time based upon the capital requirements of any of the Reporting Persons and the market price of the shares. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) The following list sets forth the aggregate number and percentage (based on 7,397,049 shares of Common Stock shares of Common Stock outstanding plus such number of warrants included in the Reporting Persons' beneficial ownership) of outstanding shares of Common Stock owned beneficially by the Reporting Persons, as of March 3, 2000: Shares of Percentage of Shares Common Stock of Common Stock Name Beneficially Owned Beneficially Owned - ---- ------------------ ------------------ Gesfid S.A. 125,701 shares 1.7% Antonio Saladino 125,701 shares 1.7% (b) The Reporting Persons have sole power to vote and dispose of 125,701 shares of Common Stock (which amount includes warrants to purchase an aggregate of 28,886 shares of Common Stock), representing approximately 1.7% of the outstanding Common Stock. (c) The following is a description of all transactions in shares of Common Stock by the reporting person effected from January 7, 2000 through March 3, 2000, inclusive. Page 4 of 8
Number of Shares Name of Shareholder Date of Disposition Beneficially Disposed of Price per Share - ------------------- ------------------- ------------------------ --------------- Gesfid S.A January 7, 2000 15,700 $ 6.5195 Gesfid S.A January 19, 2000 6,930 $ 5.7861 Gesfid S.A January 19, 2000 1,736 $ 6.00 Gesfid S.A January 19, 2000 1,500 $ 6.125 Gesfid S.A January 21, 2000 12,900 $ 5.875 Gesfid S.A January 24, 2000 31,029 $ 5.4095 Gesfid S.A January 25, 2000 16,300 $ 5.4164 Gesfid S.A January 25, 2000 10,000 $ 5.50 Gesfid S.A January 26, 2000 23,403 $ 5.8835 Gesfid S.A January 27, 2000 30,000 $ 6.7785 Gesfid S.A January 27, 2000 7,800 $ 5.8582 Gesfid S.A January 27, 2000 1,724 $ 6.1731 Gesfid S.A January 27, 2000 58,000 $ 7.0383 Gesfid S.A January 27, 2000 18,500 $ 6.1422 Gesfid S.A January 28, 2000 7,000 $ 7.0089 Gesfid S.A February 1, 2000 29,670 $ 6.5228 Gesfid S.A February 2, 2000 3,465 $ 6.25 Gesfid S.A February 2, 2000 3,900 $ 6.50 Gesfid S.A February 3, 2000 3,100 $ 6.5766 Gesfid S.A February 4, 2000 3,455 $ 6.375 Gesfid S.A February 4, 2000 10,391 $ 6.1821 Gesfid S.A February 7, 2000 35,000 $ 7.1054 Gesfid S.A February 7, 2000 50,000 $ 7.0233 Gesfid S.A February 7, 2000 14,400 $ 7.5013 Gesfid S.A February 7, 2000 1,736 $ 6.8099 Gesfid S.A February 8, 2000 5,600 $ 7.9459 Gesfid S.A February 8, 2000 32,000 $ 7.8777 Gesfid S.A February 11, 2000 56,121 $ 8.5886 Gesfid S.A February 11, 2000 20,000 $ 8.5886 Gesfid S.A February 16, 2000 22,500 $ 7.8575 Gesfid S.A February 22, 2000 10,000 $ 8.125 Gesfid S.A February 22, 2000 25,000 $ 8.4068 Gesfid S.A February 23, 2000 5,700 $ 8.75
Page 5 of 8
Number of Shares Name of Shareholder Date of Disposition Beneficially Disposed of Price per Share - ------------------- ------------------- ------------------------ --------------- Gesfid S.A February 23, 2000 9,300 $ 8.75 Gesfid S.A March 3, 2000 10,000 $ 9.095 Gesfid S.A March 3, 2000 5,000 $ 9.8475 Gesfid S.A March 3, 2000 12,000 $10.0141
(d) Not Applicable. (e) Not Applicable. Page 6 of 8 SIGNATURES ---------- After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 16, 2000 GESFID, S.A. By: /s/ Giovanni Saladino ----------------------- Name: Giovanni Saladino Title: General Manager By: /s/ Gianmarco Colombo ----------------------- Name: Gianmarco Colombo Title: Director Page 7 of 8 SIGNATURES ---------- After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 16, 2000 /s/ Antonio Saladino -------------------- ANTONIO SALADINO Page 8 of 8 -----END PRIVACY-ENHANCED MESSAGE-----