-----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, CfHWfr5iMtJNVbWPxd1SgSu6hwFyUk4oDEfYUHhBuZRAngqbtPoJbhqJeegWdvbf UBcmzhkCw+0S5y70wbnP0g== 0000093758-96-000002.txt : 19960216 0000093758-96-000002.hdr.sgml : 19960216 ACCESSION NUMBER: 0000093758-96-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960213 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMBAC INC /DE/ CENTRAL INDEX KEY: 0000874501 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 133621676 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41911 FILM NUMBER: 96516373 BUSINESS ADDRESS: STREET 1: ONE STATE ST PLZ CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2126680340 MAIL ADDRESS: STREET 1: ONE STATE ST PLZ CITY: NEW YORK STATE: NY ZIP: 10004 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET RESEARCH ET AL CENTRAL INDEX KEY: 0000093758 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133142135 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER ROOM 3800 CITY: BOSTON STATE: MA ZIP: 02111-2690 BUSINESS PHONE: 617-956-49 MAIL ADDRESS: STREET 1: ONE FINANCIAL CENTER STREET 2: 30TH FLOOR CITY: BOSTON STATE: MA ZIP: 02111-2690 SC 13G/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 )* AMBAC, Inc. ________________________________________ (Name of Issuer) Common Stock ________________________________________ (Title of Class of Securities) 02313910 _________________________ (CUSIP Number) 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 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 the 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). (Continued on following page(s)) Page 1 of 5 Pages CUSIP No. 02313910 13G Page 2 of 5 Pages __________ ___ ___ 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON State Street Research & Management Company #13-31424135 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Reporting Person is a corporation organized under Delaware laws. Principal office of Reporting Person is in Boston, MA. 5. SOLE VOTING POWER 98,700 NUMBER OF SHARES 6. SHARED VOTING POWER BENEFICIALLY - 0 - OWNED BY EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH 98,700 8. SHARED DISPOSITIVE POWER - 0 - 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 98,700 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.28% 12. TYPE OF REPORTING PERSON* Investment Adviser *SEE INSTRUCTION BEFORE FILLING OUT SCHEDULE G Item 1 (a). Name of Issuer AMBAC, Inc. Item 1 (b). Address of Issuer's Principal Office One State Street Plaza New York, NY 10004 Item 2 (a). Name of Person Filing State Research & Management Company Item 2 (b) Address of Principal Business Office, or if none, Residence One Financial Center, 30th Floor Boston, MA 02111-2690 Item 2 (c). Citizenship Reporting Person is a corporation organized under Delaware laws. Principal office of Reporting Person is in Boston, MA Item 2 (d). Title of Class of Securities Common Stock Item 2 (e). CUSIP Number 02313910 Item 3. If this statement is filed pursuant to Rules 13d- 1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3 (a) (6) of the Act (c) [ ] Insurance Company as defined in section 3 (a) (19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act (e) [x] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund: see section 240.13d-1 (b) (1) (ii) (F) (g) [ ] Parent Holding Company, in accordance with section 240.13d-1 (b) (ii) (G) (Note: See Item 7) (h) [ ] Group, in accordance with section 240.13d-1 (b) (1) (ii) (H) SCHEDULE G Item 4. Ownership If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b) (2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount Beneficially Owned: 98,700 (b) Percent of Class: 0.28% (c) Number of shares as to which such persons has: (i) sole power to vote or to direct the vote: 98,700 (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 98,700 (iv) shared power to dispose or to direct the disposition of: -0- State Street Research & Management Company disclaims any beneficial interest in any of the foregoing securities. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x]. Item 6. Ownership of More than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. All foregoing shares are in fact owned by clients of State Street Research & Management Company SCHEDULE G Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b) (ii) (G), so indicate under Item 3 (g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identification of the relevant subsidiary. Inapplicable Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to Rule 13d-1 (b) (ii) (H), so indicate under Item 3(b) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identity of each member of the group. Inapplicable Item 9. Notice of Dissolution of Group. Inapplicable 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. 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, 1996 Signature: /s/ Richard D. Shoemaker Richard D. Shoemaker Sr. Vice President -----END PRIVACY-ENHANCED MESSAGE-----