-----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, Qj0c7s9PhjSc1zdleFx9XpMh1fEzLN3d+YVtpTHVjV3CFjZBa49Tad+rWKJNPaAn ocwzJfmDDIr0ysq42kZVLA== 0000927016-98-002321.txt : 19980610 0000927016-98-002321.hdr.sgml : 19980610 ACCESSION NUMBER: 0000927016-98-002321 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980609 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ASCENT PEDIATRICS INC CENTRAL INDEX KEY: 0001019731 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 043047405 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-51097 FILM NUMBER: 98644388 BUSINESS ADDRESS: STREET 1: 187 BALLARDVALE ST CITY: WILMINGTON STATE: MA ZIP: 01887 BUSINESS PHONE: 9786582500 MAIL ADDRESS: STREET 1: 187 BALLARDVALE ST CITY: WILMINGTON STATE: MA ZIP: 01887 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF BOSTON CORP CENTRAL INDEX KEY: 0000036672 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 042471221 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 100 FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6174342200 FORMER COMPANY: FORMER CONFORMED NAME: FIRST NATIONAL BOSTON CORP DATE OF NAME CHANGE: 19830414 SC 13G 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. __)/1/ Ascent Pediatrics, Inc. ------------------------------------------------------ (Name of Issuer) Common Stock ------------------------------------------------------ (Title of Class of Securities) 04362X 10 1 ------------------------------------------------------ (CUSIP Number) May 13, 1998 ------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) - ----------------------------- /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 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). CUSIP NO. 04362X 10 1 13G PAGE 2 OF 9 PAGES - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). BankBoston Corporation 04-2471221 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (a) [_] (b) [_] N/A - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Parent Holding Company -- Massachusetts - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 853,034 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 853,034 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 853,034 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) [_] N/A - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11 11.0% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 HC - ------------------------------------------------------------------------------ CUSIP NO. 04362X 10 1 13G PAGE 3 OF 9 PAGES - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). BankBoston, N.A. 04-2471221 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (a) [_] (b) [_] N/A - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Bank -- U.S. - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 853,034 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 853,034 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 853,034 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) [_] N/A - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11 11.0% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 BK - ------------------------------------------------------------------------------ CUSIP NO. 04362X 10 1 13G PAGE 4 OF 9 PAGES - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). BancBoston Ventures Inc. 04-6013165 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 2 (a) [_] (b) [_] N/A - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Corporation -- Massachusetts - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 853,034 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 853,034 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 853,034 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 10 (SEE INSTRUCTIONS) [_] N/A - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11 11.0% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 12 IV - ------------------------------------------------------------------------------ CUSIP NO. 04362X 10 1 13G PAGE 5 OF 9 PAGES ITEM 1(A). NAME OF ISSUER: Ascent Pediatrics, Inc. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 187 Ballardvale Street, Suite B125 Wilmington, MA 01821 ITEM 2(A). NAME OF PERSON FILING: BankBoston Corporation, on its own behalf as indirect owner and on behalf of its subsidiaries BankBoston, N.A. and BancBoston Ventures Inc. ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 100 Federal Street Boston, MA 02110 ITEM 2(C). CITIZENSHIP: Parent Holding Company: Massachusetts Bank: U.S. Investment Company: Massachusetts ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(E). CUSIP NUMBER: 04362X 10 1 CUSIP NO. 04362X 10 1 13G PAGE 6 OF 9 PAGES ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: This statement is filed pursuant to Rule 13D-1(b). The persons filing are a parent holding company, in accordance with Reg. Section 240.13D-1(b)(II)(G), a bank, as defined in Section 3(a)(6) of the Securities Exchange Act of 1934, and an investment company as defined in Section 3(a)(19) of the Securities Exchange Act of 1934. ITEM 4. OWNERSHIP: (a) Amount beneficially owned: 853,034 shares (b) Percent of class: 11.0% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 853,034 shares (ii) Shared power to vote or to direct the vote: 0 shares (iii) Sole power to dispose or to direct the disposition of: 853,034 shares (iv) Shared power to dispose or to direct the disposition of: 0 shares ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: BancBoston Ventures Inc. (investment company as defined in Section 3(a) (19) of the Securities Exchange Act of 1934). ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable. CUSIP NO. 04362X 10 1 13G PAGE 7 OF 9 PAGES ITEM 10. CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose 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. May 22, 1998 ---------------------------- (Date) BankBoston Corporation By: /s/ Frederick M. Fritz ---------------------------- Name: Frederick M. Fritz Title: Managing Director - Private Equity BankBoston, N.A. By: /s/ Frederick M. Fritz ---------------------------- Name: Frederick M. Fritz Title: Managing Director BancBoston Ventures Inc. By: /s/ Frederick M. Fritz -------------------------- Name: Frederick M. Fritz Title: President CUSIP NO. 04362X 10 1 13G PAGE 8 OF 9 PAGES EXHIBIT A --------- AGREEMENT The undersigned hereby agree, pursuant to section 240.13d-1(k) (1) that BankBoston Corporation may file a Schedule 13G pursuant to Rule 13d-1 under the Securities Exchange Act of 1934, and all amendments to such Schedule, with respect to shares of Ascent Pediatrics, Inc. Common Stock, on behalf of itself, BankBoston, N.A. and BancBoston Ventures Inc. Dated: May 22 , 1998 --------------- BankBoston Corporation By: /s/ Frederick M. Fritz ----------------------------- Name: Frederick M. Fritz Title: Managing Director - Private Equity BankBoston, N.A. By: /s/ Frederick M. Fritz ----------------------------- Name: Frederick M. Fritz Title: Managing Director BancBoston Ventures Inc. By: /s/ Frederick M. Fritz ----------------------------- Name: Frederick M. Fritz Title: President CUSIP NO. 04362X 10 1 13G PAGE 9 OF 9 PAGES EXHIBIT B --------- INCUMBENCY CERTIFICATE OF AUTHORIZED REPRESENTATIVE I, the undersigned, Timothy A. Gerhold, Assistant Clerk of BancBoston Ventures, Inc. do hereby certify that F.M. Fritz is duly elected President of BancBoston Ventures Inc., and also has the power and authority to sign the attached Statements on Schedule 13G in the name and on behalf of BancBoston Ventures Inc. In witness whereof, I have set may hand and seal of BancBoston Ventures Inc. this 22nd day of May, 1998. By: /s/ Timothy A. Gerhold ---------------------------------- Name: Timothy A. Gerhold Title: Assistant Clerk -----END PRIVACY-ENHANCED MESSAGE-----