<PAGE>
THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G FILED ON FEBRUARY 18, 1997
PURSUANT TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )/1/
American Pad & Paper Company
---------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
---------------------------------------
(Title of Class of Securities)
028816 10 6
-----------
(CUSIP Number)
/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).
Page 1 of 26 Pages
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 2 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BAIN VENTURE CAPITAL, A CALIFORNIA LIMITED PARTNERSHIP
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-2989461
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,196,495 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
33.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 3 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
TYLER CAPITAL FUND, L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-2989463
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
7,270,836 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
7,270,836 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
7,270,836 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
26.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 4 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
TYLER MASSACHUSETTS, L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-2989462
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,489,744 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,489,744 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,489,744 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 5 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
TYLER INTERNATIONAL, L.P. - II
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 98-0086454
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
435,915 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
435,915 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
435,915 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 6 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
W. MITT ROMNEY
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,942,141 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,942,141 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,942,141 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
36.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 7 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
JOSHUA BEKENSTEIN
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,942,141 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,942,141 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,942,141 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
36.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 8 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
ROBERT C. GAY
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,196,495 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
33.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- --------------------
CUSIP No. 028816 10 6 13G Page 9 of 26 pages
- ----------------------- --------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
GEOFFREY S. REHNERT
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,196,495 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
33.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP No. 028816 10 6 13G Page 10 of 26 pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
ROBERT F. WHITE
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,196,495 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
33.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP No. 028816 10 6 13G Page 11 of 26 pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
PAUL B. EDGERLEY
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,196,495 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
33.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP No. 028816 10 6 13G Page 12 of 26 pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
ADAM W. KIRSCH
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,196,495 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,196,495 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
33.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP No. 028816 10 6 13G Page 13 of 26 pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP ASSOCIATES
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3109427
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
620,562 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
620,562 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
620,562 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
2.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ----------------------- ---------------------
CUSIP No. 028816 10 6 13G Page 14 of 26 pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
BCIP TRUST ASSOCIATES, L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3109428
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
125,084 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
125,084 (See Item 4)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
125,084 (See Item 4)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
0.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
Item 1(a). Name of Issuer:
American Pad & Paper Company
Item 1(b). Address of Issuer's Principal Executive Offices:
17304 Preston Road
Dallas, Texas 75252
Item 2(a). Name of Person Filing:
This Schedule 13G is being jointly filed by each of the
following persons pursuant to Rule 13d-(1)(f) promulgated by the
Securities and Exchange Commission pursuant to Section 13 of the
Securities Exchange Act of 1934, as amended (the "Act"): (i) Tyler
Capital Fund, L.P. ("TCF"), a Delaware limited partnership, by
virtue of its direct beneficial ownership of 7,270,836 shares of
common stock, par value $.01 per share (the "Common Stock"), of
American Pad & Paper Company (the "Company"); (ii) Tyler
Massachusetts, L.P. ("TM"), a Delaware limited partnership, by
virtue of its direct beneficial ownership of 1,489,744 shares of
Common Stock; (iii) Tyler International, L.P. - II ("TI"), a
Delaware limited partnership, by virtue of its direct beneficial
ownership of 435,915 shares of Common Stock; (iv) Bain Venture
Capital, a California Limited Partnership ("BVC"), as the sole
General Partner of TCF, TM and TI; (v) Robert C. Gay ("Mr. Gay"),
an individual, as a General Partner of BVC; (vi) Joshua Bekenstein
("Mr. Bekenstein"), an individual, as a General Partner of BVC and
as a member of the Management Committee of BCIP and BCIPT (both as
defined herein); (vii) W. Mitt Romney ("Mr. Romney"), an individual,
as a General Partner of BVC and as a member of the Management
Committee of BCIP and BCIPT; (viii) Robert F. White ("Mr. White"),
an individual, as a General Partner of BVC; (ix) Geoffrey S. Rehnert
("Mr. Rehnert"), an individual, as a General Partner of BVC; (x)
Paul B. Edgerley ("Mr. Edgerley"), an individual, as a General
Partner of BVC; (xi) Adam W. Kirsch ("Mr. Kirsch"), an individual,
as a General Partner of BVC; (xii) BCIP Associates ("BCIP"), a
Delaware general partnership, by virtue of its direct beneficial
ownership of 620,562 shares of Common Stock; and (xiii) BCIP Trust
Associates, L.P. ("BCIPT"), a Delaware limited partnership, by
virtue of its direct beneficial ownership of 125,084 shares of
Common Stock. TCF, TM, TI, BCIP and BCIPT are hereinafter
collectively referred to as the "Funds," and together with BVC,
Mr. Gay, Mr. Bekenstein, Mr. Romney, Mr. White, Mr. Rehnert,
Mr. Edgerley and
Page 15 of 26 Pages
<PAGE>
Mr. Kirsch are hereinafter collectively referred to as the
"Reporting Persons." The Reporting Persons have entered into a Joint
Filing Agreement, dated February 12, 1997, a copy of which is filed
with this Schedule 13G as Exhibit A, pursuant to which the Reporting
Persons have agreed to file this statement jointly in accordance
with the provisions of Rule 13d-1(f)(1) under the Act.
The Reporting Persons may be deemed to constitute a "group"
for purposes of Section 13(d)(3) of the Act as a result of such
Reporting Persons being persons associated with Bain Capital, Inc.,
a Delaware corporation ("Bain Capital"), which is a management
company. The Reporting Persons expressly disclaim that they have
agreed to act as a group other than as described in this Schedule
13G.
Item 2(b). Address of Principal Business Office or, if none, Residence:
The address of the principal business office of each of the
Reporting Persons is c/o Bain Capital, Inc., Two Copley Place,
Boston, MA 02116.
Item 2(c). Citizenship:
TCF, TM, TI, BCIP and BCIPT are partnerships organized under
the laws of the State of Delaware; BVC is a partnership organized
under the laws of the State of California; and Mr. Gay, Mr. Romney,
Mr. Bekenstein, Mr. White, Mr. Rehnert, Mr. Edgerley and Mr. Kirsch
are citizens of the United States.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share.
Item 2(e). CUSIP No.:
028816 10 6
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
check whether the person filing is a:
Not Applicable.
Page 16 of 26 Pages
<PAGE>
Item 4. Ownership:
(a)-(c). Each Reporting Person named in response to Item 2 hereof
has, as of December 31, 1996, shared power to vote or to direct the
vote and shared power to dispose or to direct the disposition of the
Common Stock as follows:
Bain Venture Capital, a California Limited Partnership. BVC,
as the sole General Partner of TCF, TM and TI, may be deemed to have
the shared power to vote and dispose of 9,196,495 shares of Common
Stock held by TCF, TM and TI, which constitutes approximately 33.6%
of the outstanding Common Stock. The filing of this Schedule 13G by
BVC shall not be considered an admission that BVC is, for the
purpose of Section 13(g) of the Exchange Act, the beneficial owner
of such shares held by TCF, TM and TI.
Tyler Capital Fund, L.P. TCF has the shared power to vote and
to dispose of 7,270,836 shares of Common Stock currently held by
TCF, constituting approximately 26.5% of the outstanding Common
Stock.
Tyler Massachusetts, L.P. TM has the shared power to vote and
to dispose of 1,489,744 shares of Common Stock currently held by TM,
constituting approximately 5.4% of the outstanding Common Stock.
Tyler International, L.P. - II. TI has the shared power to vote
and to dispose of 435,915 shares of Common Stock currently held by
TI, constituting approximately 1.6% of the outstanding Common Stock.
Robert C. Gay. Mr. Gay, as a General Partner of BVC, may be
deemed to have the shared power to vote and dispose of the 9,196,495
shares of Common Stock currently held by BVC, which constitutes
approximately 33.6% of the outstanding Common Stock. The filing of
this Schedule 13G by Mr. Gay shall not be considered an admission
that Mr. Gay is, for the purpose of Section 13(g) of the Exchange
Act, the beneficial owner of such shares held by BVC.
Joshua Bekenstein. Mr. Bekenstein, as a General Partner of BVC,
may be deemed to have the shared power to vote and dispose of the
9,196,495 shares of Common Stock currently held by BVC. In addition,
Mr. Bekenstein serves as a member of the Management Committee of
BCIP and BCIPT and, in such capacity, may be deemed to have the
shared power to vote and dispose of the 745,646 shares of Common
Stock currently held by BCIP and BCIPT. In total, these shares of
Common Stock held by BVC, BCIP and BCIPT constitute approximately
36.3% of the outstanding Common Stock. The filing of this Schedule
13G by Mr. Bekenstein shall not
Page 17 of 26 Pages
<PAGE>
be considered an admission that Mr. Bekenstein is, for the purpose
of Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by BVC, BCIP or BCIPT.
W. Mitt Romney. Mr. Romney, as a General Partner of BVC, may be
deemed to have the shared power to vote and dispose of the 9,196,495 shares of
Common Stock currently held by BVC. In addition, Mr. Romney serves as a member
of the Management Committee of BCIP and BCIPT and, in such capacity, may be
deemed to have the shared power to vote and dispose of the 745,646 shares of
Common Stock currently held by BCIP and BCIPT. In total, these shares of Common
Stock held by BVC, BCIP and BCIPT constitute approximately 36.3% of the
outstanding Common Stock. The filing of this Schedule 13G by Mr. Romney shall
not be considered an admission that Mr. Romney is, for the purpose of Section
13(g) of the Exchange Act, the beneficial owner of such shares held by BVC, BCIP
or BCIPT.
Robert F. White. Mr. White, as a General Partner of BVC, may be
deemed to have the shared power to vote and dispose of the 9,196,495 shares of
Common Stock currently held by BVC, which constitutes approximately 33.6% of the
outstanding Common Stock. The filing of this Schedule 13G by Mr. White shall not
be considered an admission that Mr. White is, for the purpose of Section 13(g)
of the Exchange Act, the beneficial owner of such shares held by BVC.
Geoffrey S. Rehnert. Mr. Rehnert, as a General Partner of BVC,
may be deemed to have the shared power to vote and dispose of the 9,196,495
shares of Common Stock currently held by BVC, which constitutes approximately
33.6% of the outstanding Common Stock. The filing of this Schedule 13G by Mr.
Rehnert shall not be considered an admission that Mr. Rehnert is, for the
purpose of Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by BVC.
Paul B. Edgerley. Mr. Edgerley, as a General Partner of BVC,
may be deemed to have the shared power to vote and dispose of the 9,196,495
shares of Common Stock currently held by BVC, which constitutes approximately
33.6% of the outstanding Common Stock. The filing of this Schedule 13G by Mr.
Edgerley shall not be considered an admission that Mr. Edgerley is, for the
purpose of Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by BVC.
Adam W. Kirsch. Mr. Kirsch, as a General Partner of BVC, may be
deemed to have the shared power to vote and dispose of the 9,196,495
Page 18 of 26 Pages
<PAGE>
shares of Common Stock currently held by BVC, which constitutes
approximately 33.6% of the outstanding Common Stock. The filing of
this Schedule 13G by Mr. Kirsch shall not be considered an admission
that Mr. Kirsch is, for the purpose of Section 13(g) of the Exchange
Act, the beneficial owner of such shares held by BVC.
BCIP Associates. BCIP has the shared power to vote and to
dispose of 650,562 shares of Common Stock currently held by BCIP,
which constitutes approximately 2.3% of the outstanding Common
Stock.
BCIP Trust Associates, L.P. BCIPT has the shared power to
vote and to dispose of 125,084 shares of Common Stock currently held
by BCIPT, which constitutes approximately 0.5% of the outstanding
Common Stock.
Pursuant to Rule 13d-5(b)(1) under the Exchange Act, the
Reporting Persons may be deemed as a group to have acquired
beneficial ownership of 9,942,142 shares of Common Stock, the
aggregate number of shares of Common Stock held by the Reporting
Persons, representing approximately 36.3% of the outstanding Common
Stock as of December 31, 1996. Except as otherwise specifically
noted, all of the percentages calculated in this Schedule 13G are
based upon an aggregate of 27,399,809 shares of Common Stock
outstanding as of November 4, 1996, as disclosed in the Company's
Quarterly Report on Form 10-Q for the quarterly period ended
September 30, 1996. Each Reporting Person expressly disclaims
beneficial ownership of any shares of Common Stock beneficially
owned by each other Reporting Person.
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:
See Response to Item 4.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not Applicable.
Page 19 of 26 Pages
<PAGE>
Item 8. Identification and Classification of Members of the Group:
Not Applicable.
Item 9. Notice of Dissolution of Group:
Not Applicable.
Item 10. Certification:
Not Applicable.
Page 20 of 26 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 12, 1997
TYLER CAPITAL FUND, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
-----------------------
A General Partner
TYLER MASSACHUSETTS, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
-----------------------
A General Partner
TYLER INTERNATIONAL, L.P. - II
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
-----------------------
A General Partner
Page 21 of 26 Pages
<PAGE>
BCIP ASSOCIATES
By: /s/ W. Mitt Romney
------------------
A General Partner
BCIP TRUST ASSOCIATES, L.P.
By: /s/ W. Mitt Romney
------------------
A General Partner
BAIN VENTURE CAPITAL, A
CALIFORNIA LIMITED PARTNERSHIP
By: /s/ W. Mitt Romney
------------------
A General Partner
/s/ W. Mitt Romney
------------------
W. MITT ROMNEY
/s/ Geoffrey S. Rehnert
-----------------------
GEOFFREY S. REHNERT
/s/ Paul B. Edgerley
--------------------
PAUL B. EDGERLEY
Page 22 of 26 Pages
<PAGE>
/s/ Robert C. Gay
-----------------
ROBERT C. GAY
/s/ Adam W. Kirsch
------------------
ADAM W. KIRSCH
/s/ Robert F. White
-------------------
ROBERT F. WHITE
/s/ Joshua Bekenstein
---------------------
JOSHUA BEKENSTEIN
Page 23 of 26 Pages
<PAGE>
Exhibit A
---------
AGREEMENT REGARDING THE JOINT FILING OF
SCHEDULE 13G
_____________________
The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule 13G to
which this Exhibit is attached, and such Schedule 13G is filed on behalf of each
of them; and
(ii) Each of them is responsible for the timely filing of such
Schedule 13G and any amendments thereto, and for the completeness and accuracy
of the information concerning such person contained therein; but none of them is
responsible for the completeness or accuracy of the information concerning the
other persons making the filing, unless such person knows or has reason to
believe that such information is inaccurate.
Date: February 12, 1997
TYLER CAPITAL FUND, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
------------------
A General Partner
TYLER MASSACHUSETTS, L.P.
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
------------------
A General Partner
Page 24 of 26 Pages
<PAGE>
TYLER INTERNATIONAL, L.P. - II
By: Bain Venture Capital, a California
Limited Partnership
Its: General Partner
By: /s/ W. Mitt Romney
------------------
A General Partner
BCIP ASSOCIATES
By: /s/ W. Mitt Romney
------------------
A General Partner
BCIP TRUST ASSOCIATES, L.P.
By: /s/ W. Mitt Romney
------------------
A General Partner
BAIN VENTURE CAPITAL, A
CALIFORNIA LIMITED PARTNERSHIP
By: /s/ W. Mitt Romney
-----------------------
A General Partner
/s/ W. Mitt Romney
------------------
W. MITT ROMNEY
Page 25 of 26 Pages
<PAGE>
/s/ Geoffrey S. Rehnert
-----------------------
GEOFFREY S. REHNERT
/s/ Paul B. Edgerley
--------------------
PAUL B. EDGERLEY
/s/ Robert C. Gay
-----------------
ROBERT C. GAY
/s/ Adam W. Kirsch
------------------
ADAM W. KIRSCH
/s/ Robert F. White
-------------------
ROBERT F. WHITE
/s/ Joshua Bekenstein
---------------------
JOSHUA BEKENSTEIN
Page 26 of 26 Pages
