SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. __)(1)
Ascent Pediatrics Inc.
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(Name of Issuer)
Class A Common
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(Title of Class of Securities)
04362X101
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(CUSIP Number)
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(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)
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(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).
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CUSIP No. 04362X101 SCHEDULE 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Fleet Boston Corporation
05341324
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
One Federal Street, Boston, Massachusetts, 02110
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5 SOLE VOTING POWER
574,028
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 574,028
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
574,028
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.95%
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12 TYPE OF REPORTING PERSON*
Holding Company
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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Page 3 of 6 Pages
Item 1.
(a) Name of Issuer: Ascent Pediatrics Inc.
(b) Address of Issuer's Principal Executive Office:
187 Ballardvale Street, Suite B125, Wilmington, MA 01887
Item 2.
(a) Name of Person Filing: Fleet Boston Corporation
Address of Principal Business Office or, if none, Residence
One Federal Street Boston, Massachusetts 02110
(c) Citizenship Massachusetts
(d) Title Class of Securities:
Common
(e) CUSIP Number: 04362X101
Item 3.
If this statement is filed pursuant to Rule 13d-1(b) or Reg. section
240.13d-1(b) or (C), Check whether the person filing is a:
(a) |_| Broker or dealer registered under section 15 of the Act (15 U.S.C.
78c)
(b) |_| Bank as defined in section 3(a)(6) if the Act (15 U.S.C 78c)
(c) |_| Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C 78c)
(d) |_| Investment company registered under section 8 of the Investment
Company act of 1940 (15 U.S.C. 80a-8)
(e) |_| An investment adviser in accordance with 240.13d-1(b)(l)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance with
240.13d-1(b)(l)(ii)(E);
(g) |X| A parent holding company or control person in accordance with
240.13d-1(b)(l)(ii)(E);
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Page 4 of 6 Pages
(h) |_| A savings association as defined in section 3 (b) of the Federal
Deposit Insurance Act (12U.S.C. 80a-3);
(i) |_| A church plan that is excluded from the definition of an investment
company under section 3(C)(14) of the Investment Act of 1940 (15
U.S.C. 80a-3;
(j) |_| Group in accordance with 240.13d-1(b)(l)(ii)(J).
Item 4. Ownership: Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount Beneficially Owned:
(b) Percent of Class:
(i) Sole Power to Vote or to Direct the vote
574,028
(ii) Shared Power to Vote or to Direct the vote
0
(iii) Sole Power to Dispose or Direct the Disposition of:
574,028
(iv) Shared Power to Dispose to or Direct the Disposition of:
0
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Page 5 of 6 Pages
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 beneficial owner
of more than five percent of the class of securities, check the
following |_|.
Item 6. Ownership of More than Five Percent on Behalf of Another Person: N/A
Item 7. Identification and Classification of the Subsidiary which has
Acquired the Security Being Reported on by the Parent Holding
Company:
Investment company as defined in Section 3(a)(6) of the Securities
Exchange Act of 1934.
Item 8. Identification and Classification of Member of the Group. N/A
Item 10. CERTIFICATION:
See Exhibit A
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 such securities and were not acquired and are not held in
connection with or as a participant in any transaction having such purpose
or effect.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
completed and correct.
Date: February 14, 2000
Fleet Boston Corporation
/s/ Erich Schumann
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Signature
Title: Senior Vice President Chief Accounting Officer
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Page 6 of 6 Pages
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. I the statement is
signed on behalf of a person by his authorized representative other than
an executive officer or general partner of the filing person, evidence of
the representative's authority to sign of behalf of such person shall be
filed with the statement, provided, however, that a power of attorney for
this purpose which is already on file with the Commission may be
incorporated by reference. The name and any title of each person who signs
the statement shall be typed or printed beneath his signature.
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See 240.13d-7 for
other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
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Ascent Pediatrics Inc
EXHIBIT A
SUBSIDIARY ACQUIRING SECURITIES CLASSIFICATION
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BancBoston Ventures Inc. Bank
