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FORM 4
[X] Check this box if no
longer subject to
Section 16. Form 4
or Form 5 obligations
may continue. See
Instruction 1(b).
(Print or Type Responses)
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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hours per response...0.5
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<TABLE>
<CAPTION>
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1. Name and Address of 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer
Reporting Person* (Check all applicable)
__ Director X 10% Owner
__ Officer (give title below) __ Other (specify below)
Credit Suisse First Boston, Arch Communications Group, Inc.
on behalf of Credit Suisse The trading symbol on the NASDAQ
First Boston National Market is "APGR"
business unit
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(Last) (First) (Middle) 3. I.R.S. or Social 4. Statement for 7. Individual or Joint/Group Filing
Security Number of Month/Year (Check Applicable Line)
Reporting Person X Form Filed by One Reporting Person
(Voluntary) June 1999 __ Form Filed by More than One Reporting
Person
Uetlibergstrasse 231, P.O. Box CH-8045
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(Street) 5. If Amendment,
Date of Original
(Month/Year)
Zurich, Switzerland
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(City) (State) (Zip) Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<S> <C> <C> <C> <C> <C> <C>
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1. Title of Security 2. Trans- 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action Code (Instr. or Disposed of (D) Securities Form: Indirect
Date 8) (Instr. 3, 4 and 5) Beneficially Direct (D) Beneficial
(Month/ Owned at End or Indirect Ownership
Day/ of Month (I) (Instr. 4)
Year) (Instr. 3 (Instr. 4)
and 4)
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Code V Amount (A) or (D) Price
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Common Stock, par value
$0.01 per share 6/04/99 S 30,000 D $2.64 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/09/99 S 250,000 D $2.82 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/10/99 S 250,000 D $2.97 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/11/99 S 2,000,000 D $3.35 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/11/99 S 1,500,000 D $3.24 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/11/99 S 500,000 D $3.11 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/11/99 S 180,000 D $3.53 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/18/99 B 150,000 A $3.14 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/21/99 S 500,000 D $3.03 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/23/99 S 1,000,000 D $3.18 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/25/99 S 100,000 D $3.18 13,512,957 I See Exhibit I
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Common Stock, par value
$0.01 per share 6/25/99 S 300,000 D $2.94 13,512,957 I See Exhibit I
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
</TABLE>
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<TABLE>
FORM 4 (continued) Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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1. Title 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date 7. Title 8. Price 9. Number 10. Owner- 11. Nature of
of sion or action action Derivative Exer- and of of ship Indirect
Deri- Exercise Date Code Securities cisable Amount Deri- Deri- Form Beneficial
vative Price of (Instr. Acquired (A) and Expi- of vative vative of Deri- Ownership
Secu- Deri- (Month/ 8) or Disposed ration Under- Secu- Secu- vative (Instr. 4)
rity vative Day/ of (D) Date Lying rity rities Security:
(Instr. Security Year) (Instr. 3, (Month/ Securi- (Instr. Benefi- Direct
3) 4, and 5) Day/ ties 5) cially (D) or
Year) (Instr. Owned Indirect
3 and 4) at End (I)
of (Instr.
Month 4)
(Instr.
4)
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Code V (A) (D) Date Expir- Title Amount
Exerci- ation or
sable Date Number
of
Shares
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Explanation of Responses:
None
** Intentional misstatements or omissions of /s/ William W. Chandler 7/9/99
facts constitute Federal Criminal -------------------------------------------- ------------------------------
Violations. ** Signature of Reporting Person Date
See 18 U.S.C. and 15 U.S.C. 78ff(a). Name: William W. Chandler
Title: Director
Note: File three copies of this Form, one
of which must be manually signed.
If space provided is insufficient,
see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless form
displays a currently valid OMB number.
</TABLE>
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EXHIBIT I TO FORM 4
NAME AND REGISTERED ADDRESS OF REPORTING PERSON
Credit Suisse First Boston, on behalf of
Credit Suisse First Boston business unit
Uetlibergstrasse 231, P.O. Box CH-8045
Zurich, Switzerland
ISSUER NAME AND TICKER OR TRADING SYMBOL
Arch Communications Group, Inc. The trading symbol on the NASDAQ
National Market is "APGR".
EXPLANATION OF RESPONSES
This Form 4 is being filed by Credit Suisse First Boston (the "Bank"), a Swiss
bank, on behalf of itself and its consolidated subsidiaries, to the extent that
they constitute part of the Credit Suisse First Boston business unit (the "CSFB
business unit" or the "Reporting Person") to report changes in beneficial
ownership of common stock of Arch Communications Group, Inc. that occurred as a
result of open-market transactions. The CSFB business unit is engaged in the
corporate and investment banking, trading (equity, fixed income and foreign
exchange), private equity investment and derivatives businesses on a worldwide
basis. The Bank and its consolidated subsidiaries engage in other separately
managed activities, most of which constitute the independently operated Credit
Suisse Asset Management business unit; the Credit Suisse Asset Management
business unit provides asset management and investment advisory services to
institutional investors worldwide.
Credit Suisse First Boston Corporation ("CSFBC"), a Massachusetts corporation, a
broker-dealer registered under Section 15 of the Securities Exchange Act of
1934, as amended, and an indirect wholly-owned subsidiary of the Bank, directly
beneficially owns the securities reported herein. The principal business offices
of CSFBC are 11 Madison Avenue, New York, New York, 10010.
The ultimate parent company of the Bank is Credit Suisse Group ("CSG"), a
corporation formed under the laws of Switzerland. The principal business of CSG
is acting as a holding company for a global financial services group with five
distinct specialized business units that are independently operated. In addition
to the two business units referred to above, CSG and its consolidated
subsidiaries (other than the Bank and its subsidiaries) are comprised of (a) the
Credit Suisse Private Bank business unit that engages in global private banking
business; (b) the Credit Suisse business unit that engages in the Swiss domestic
banking business; and (c) the Winterthur business unit that engages in the
global insurance business. CSG's business address is Nuschelerstrasse 1,
CH-8070, Zurich, Switzerland.
CSG, for purposes of federal securities laws, may be deemed ultimately to
control the Bank and the CSFB business unit. CSG, its executive officers and
directors, and its direct and indirect subsidiaries (including all of the
business units except the CSFB business unit), may beneficially own shares of
common stock, and such shares are not reported in this statement. Due to the
separate management and independent operation of its business units, CSG
disclaims beneficial ownership of shares of common stock beneficially owned by
its direct and indirect subsidiaries, including the Reporting Person. The
Reporting Person disclaims beneficial ownership of shares of common stock
beneficially owned by CSG and any of CSG's and the Bank's other business units.
