-----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, S2WKZPGBObo5dJHf3BJvtNRydIFY6JP4X7rkE2hkgQEcuTHDIPKicmHRbKmGk5bN 3nsraRf/WCnwsBWIW8AdKw== 0000891092-99-000796.txt : 19991215 0000891092-99-000796.hdr.sgml : 19991215 ACCESSION NUMBER: 0000891092-99-000796 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991214 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: 99773911 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: PRIVEST II N V CENTRAL INDEX KEY: 0001027134 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O CARIBBENA MANAGEMENT CO 14 STREET 2: JOHN B GORSIRAWEG CURACAO ANTILLES CITY: NETHERLANDS MAIL ADDRESS: STREET 1: C/O CARIBBEAN MANAGEMENT CO 14 STREET 2: JOHN B GORSIRAWEG CRACAO ANTILLES CITY: NETHERLANDS STATE: P8 SC 13D/A 1 AMENDMENT NO. 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* 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) November 5, 1999 ------------------------------------------------------------------------------- (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. |_| 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 13D Page 2 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSONS Privest II N.V. 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 Netherlands Antilles - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER None. See Item 2 Number of Shares ---------------------------------------------------------- Beneficially 8 SHARED VOTING POWER Owned By Each ---------------------------------------------------------- Reporting 9 SOLE DISPOSITIVE POWER Person None. See Item 2 With ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None. See Item 2 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! 185824.1 CUSIP No. 091736 10 8 13D Page 3 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSONS Premier Resources, Ltd. 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 See Item 2 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER See Item 2 Number of Shares ---------------------------------------------------------- Beneficially 8 SHARED VOTING POWER Owned By Each ---------------------------------------------------------- Reporting 9 SOLE DISPOSITIVE POWER Person None. See Item 2 With ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON None. See Item 2 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! 185824.1 CUSIP No. 091736 10 8 13D Page 4 of 8 Pages ================================================================================ 1 NAME OF REPORTING PERSONS Antonio Saladino 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 665,244 shares 12.8% Number of Shares ---------------------------------------------------------- Beneficially 8 SHARED VOTING POWER Owned By Each ---------------------------------------------------------- Reporting 9 SOLE DISPOSITIVE POWER Person 665,244 shares 12.8% With ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 665,244 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! This Amendment No. 1 (the "Amendment") amends and supplements the Schedule 13D filed on November 16, 1996 (the "Schedule 13D"), on behalf of Privest II, N.V., a corporation organized under the laws of the Netherlands Antilles ("Privest II"), with respect to the Class A Common Stock, par value $.01 per share (the "Shares"), of Bitstream Inc., a Delaware corporation (the "Company"). The Reporting Persons are filing this Amendment to update the information with respect the number of securities owned by them. This Amendment constitutes the final amendment with respect to the Schedule 13D. Item 2. Identity and Background. This Amendment is being filed by Privest II, Premier Resources, Ltd., a corporation formerly organized under the laws of the Commonwealth of the Bahamas ("Premier"), and Mr. Antonio Saladino, a citizen of Switzerland ("Saladino" and together with Privest II and Premier, the "Reporting Persons"). Privest II is currently being liquidated and dissolved and all of its assets distributed. Privest II was the record holder of the Shares. Caribbean Management Company, N.V., a corporation organized under the laws of the Netherlands Antilles, was the managing director of Privest II but acted only in a ministerial capacity at the direction of Premier. Premier served as an investment advisor to Privest II and was delegated the authority to direct the vote or to dispose or direct the disposition of the Shares. Accordingly Premier may have been regarded as the "beneficial owner" of the Shares within the meaning of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Premier, which was dissolved on October 14, 1999, was indirectly controlled by Saladino. Accordingly, Saladino may have been deemed to be the "beneficial owner," within the meaning of the Exchange Act, of the Shares held by Privest II. Item 5. Interest in Securities of the Issuer. As part of the dissolution and liquidation of Privest II, the Shares were transferred to and are now owned of record by Gesfid, S.A., a corporation organized under the laws of Switzerland ("Gesfid"), as nominee for the beneficial owners and Saladino has been delegated the authority to vote or direct the vote or to dispose or direct the disposition of the Shares. As of the date hereof, neither Privest II nor Premier is the record or beneficial owner of any Shares. Page 5 of 8 185824.1 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: December 10, 1999 PRIVEST II N.V. By: Caribbean Management Company N.V., Managing Director By: /s/ Allan M. Rosenbloom ------------------------------------ Name: Allan M. Rosenbloom Title: Authorized Signatory 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: December 10, 1999 PREMIER RESOURCES, LTD. By: /s/ Allan M. Rosenbloom -------------------------------- Name: Allan M. Rosenbloom Title: Vice President 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: December 10, 1999 /s/ Antonio Saladino ------------------------- Antonio Saladino Page 8 of 8 -----END PRIVACY-ENHANCED MESSAGE-----