<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
NU-TECH BIO-MED, INC.
---------------------
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
038156 10 5
--------------
(CUSIP Number)
Michael G. Jesselson
Suite 4101
1301 Avenue of the Americas, New York, NY 10019
212-459-9517
-----------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 2, 1997
-------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement of Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.
Check the following box if a fee is being paid with the statement. |_| (A
fee is not required only if the reporting person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
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)
NOTE: Six copies of this statement, including all exhibits should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
(Continued on following pages)
(Page 1 of 20 Pages)
*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).
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 2 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael G. Jesselson
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 170,382
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
170,382
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,382
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.04%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 3 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Linda Jesselson
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 17,142
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
17,142
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,142
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.76%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 4 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lucy Lang
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 153,240
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
153,240
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
153,240
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.38%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 5 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Erica Jesselson
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 136,098
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
136,098
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
136,098
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.71%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 6 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Claire Strauss
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 136,098
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
136,098
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
136,098
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.71%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 7 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Benjamin J. Jesselson
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
OO See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 136,098
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH -0-
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
136,098
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
136,098
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.71%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 8 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Yosepha Bracha Jesselson Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 8,571
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 8,571
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,571
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.38%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 9 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Yaira Jesselson Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 8,571
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 8,571
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,571
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.38%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 10 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Jonathan Judah Jesselson Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 8,571
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 8,571
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,571
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.38%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 11 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Maya Ariel Ruth Jesselson Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 8,571
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 8,571
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,571
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.38%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 12 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Michael G. Jesselson Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 110,700
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 110,700
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
110,700
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.69%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 13 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Benjamin J. Jesselson Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 12,699
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 12,699
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,699
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.56%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13D
- --------------------------------------------------------------------------------
CUSIP No. 038156 10 5 13D Page 14 of 20 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The October 1983 Trust FBO Grandchildren
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
PF See Item 3
- --------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 12,699
SHARES ----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 12,699
----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,699
- --------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.56%
- --------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
OO See Item 2
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Page 15 of 20 Pages
This Amendment No. 2 amends the statements on Schedule 13D, as amended (the
"Schedule 13D"), relating to the Common Stock, par value $.01 per share ("Common
Stock") of Nu-Tech Bio-Med, Inc. ("the Company") filed with the Securities and
Exchange Commission on behalf of Michael G. Jesselson ("M. Jesselson"), Linda
Jesselson ("L. Jesselson"), Lucy Lang, Erica Jesselson ("E. Jesselson"), Claire
Strauss, Benjamin J. Jesselson ("B. Jesselson"), the Yosepha Bracha Jesselson
Trust ("YBJ Trust"), the Yaira Jesselson Trust ("YJ Trust"), the Jonathan Judah
Jesselson Trust ("JJJ Trust"), the Maya Ariel Ruth Jesselson Trust ("MARJ
Trust"), the Michael G. Jesselson Trust ("MGJ Trust"), the Benjamin J. Jesselson
Trust ("BJJ Trust") and the October 1983 Trust FBO Grandchildren ("October
Trust"). M. Jesselson, L. Jesselson, Lucy Lang, E. Jesselson, Claire Strauss, B.
Jesselson, the YBJ Trust, the YJ Trust, the JJJ Trust, the MARJ Trust, the MGJ
Trust, the BJJ Trust and the October Trust are herein after collectively
referred to as the "Reporting Persons". The YBJ Trust, the YJ Trust, the JJJ
Trust, the MARJ Trust, the MGJ Trust, the BJJ Trust and the October Trust are
sometimes hereinafter collectively referred to as the "Trusts". Except as
disclosed herein, there has been no change in the information previously
reported in the Schedule 13D. Capitalized terms not defined herein shall have
the meaning ascribed to them in the Schedule 13D.
Item 5. Interest in Securities of the Issuer
Based upon information furnished by counsel to the Company, there are
2,248,857 shares of Common Stock outstanding as of February 25, 1997. The
Reporting Persons rely upon this number.
The YBJ, YJ, JJJ and MARJ Trusts each owns 8,571 warrants. The MGJ
Trust owns 110,700 warrants. The BJJ Trust owns 12,699 warrants. The October
Trust owns 12,699 warrants.
The trustees of the YBJ and YJ Trusts, would each share among
themselves the power to vote or direct the vote and to dispose or direct the
disposition of 17,142 warrants. The trustees of the JJJ and MARJ Trusts would
each share among themselves the power to vote or direct the vote and to dispose
or direct the disposition of 17,142 warrants. The trustees of the MGJ, BJJ and
October Trusts would share the power to vote or direct the vote and to dispose
or direct the disposition of 136,098 warrants.
M. Jesselson, as a trustee of the Trusts, beneficially owns 170,382
warrants which, upon exercise, would constitute approximately 7.04% of the
outstanding shares of Common Stock. Assuming the Trusts exercise the warrants,
M. Jesselson, as trustee of the YBJ, YJ, JJJ, MARJ, MGJ, BJJ, and October Trusts
has shared power with the other trustees to vote or direct the vote and to
dispose or direct the disposition of 170,382 shares of Common Stock constituting
7.04% of the outstanding stock.
<PAGE>
Page 16 of 20 Pages
Lucy Lang, as a trustee of the YBJ and YJ Trusts, shares with M.
Jesselson the power to vote or direct the vote and to dispose or direct the
disposition of 17,142 warrants owned by the YBJ and YJ Trusts. Lucy Lang, as a
trustee of the MGJ, BJJ and October Trusts shares power with E. Jesselson,
Claire Strauss, M. Jesselson and B. Jesselson to vote or direct the vote and to
dispose or direct the disposition of 136,098 warrants owned by the MGJ, BJJ and
October Trusts. Lucy Lang, as trustee of the YBJ, YJ, MGJ, BJJ and October
Trusts beneficially owns 153,240 warrants which, upon exercise, would constitute
approximately 6.38% of the outstanding shares of Common Stock.
L. Jesselson, as a trustee of the JJJ and MARJ Trusts shares power with
M. Jesselson to vote or direct the vote and to dispose or direct the disposition
of 17,142 warrants owned by the JJJ and MARJ Trusts. L. Jesselson, as trustee of
the JJJ and MARJ Trusts, beneficially owns 17,142 warrants which, upon exercise,
would constitute approximately 0.76% of the outstanding shares of Common Stock.
Claire Strauss, as a trustee of the MGJ, BJJ and October Trusts shares
power with E. Jesselson, Lucy Lang, Claire Strauss, and B. Jesselson to vote or
direct the vote and to dispose or direct the disposition of 136,098 warrants
owned by the MGJ, BJJ and October Trusts. Claire Strauss, as trustee of the MGJ,
BJJ and October Trusts beneficially owns 136,098 warrants which, upon exercise,
would constitute approximately 5.71% of the outstanding shares of Common Stock.
E. Jesselson, as a trustee of the MGJ, BJJ and October Trusts shares
power with Claire Strauss, Lucy Lang, M. Jesselson and B. Jesselson to vote or
direct the vote and to dispose or direct the disposition of 136,098 warrants
owned by the MGJ, BJJ and October Trusts. E. Jesselson, as trustee of the MGJ,
BJJ and October Trusts, beneficially owns 136,098 warrants which, upon exercise,
would constitute approximately 5.71% of the outstanding shares of Common Stock.
B. Jesselson, as a trustee of the MGJ, BJJ and October Trusts shares
power with E. Jesselson, Claire Strauss, Lucy Lang, and M. Jesselson to vote or
direct the vote and to dispose or direct the disposition of 136,098 warrants
owned by the MGJ, BJJ and October Trusts. B. Jesselson, as trustee of the MGJ,
BJJ and October Trusts, beneficially owns 136,098 warrants which, upon exercise,
would constitute approximately 5.71% of the outstanding shares of Common Stock.
The YBJ, YJ, JJJ, and MARJ Trusts each has the sole power to vote or
direct the vote and to dispose or direct the disposition of 8,571 warrants,
which constitutes approximately 0.38% of the outstanding shares of Common Stock.
The BJJ Trust has the sole power to vote or direct the vote and to
dispose or direct the disposition of 12,699 warrants which constitutes
approximately 0.56% of the outstanding Common Stock.
<PAGE>
Page 17 of 20 Pages
The October Trust has the sole power to vote or direct the vote and to dispose
or direct the disposition of 12,699 warrants which constitutes approximately
0.56% of the outstanding Common Stock. The MGJ Trust has the sole power to vote
or direct the vote and to dispose or direct the disposition of 110,700 warrants
which constitutes approximately 4.69% of the outstanding Common Stock.
Assuming the exercise of all warrants held by the Trusts, the Reporting
Persons may be deemed to beneficially own in the aggregate 170,382 shares of
Common Stock, representing approximately 7.04% of the Common Stock outstanding.
The following sale transactions were effected by the Reporting Persons
during the past sixty days:
Date Reporting Person Amount Price per Share
- ---- ---------------- ------ ---------------
3/26/97 BJJ Trust 6,000 3.25
3/26/97 MGJ Trust 9,000 3.361
3/26/97 MGJ Trust 2,000 3.25
3/27/97 MGJ Trust 2,500 3.25
4/02/97 BJJ Trust 2,000 3.1875
4/02/97 BJJ Trust 2,000 3.3125
4/02/97 BJJ Trust 2,000 3.1875
4/02/97 MGJ Trust 4,000 3.125
4/02/97 MGJ Trust 3,000 3.125
4/03/97 BJJ Trust 4,306 3.0461
4/03/97 MGJ Trust 2,000 3.125
4/03/97 MGJ Trust 3,333 3.0461
4/04/97 BJJ Trust 12,500 3.0
4/04/97 MGJ Trust 7,501 3.0
<PAGE>
Page 18 of 20 Pages
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.
Dated: April 7, 1997
YOSEPHA BRACHA JESSELSON TRUST, UIT January 10,
1989
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Lucy Lang
Trustee
YAIRA JESSELSON TRUST, UIT December 18, 1991
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Lucy Lang
Trustee
JONATHAN JUDAH JESSELSON TRUST, UIT June 1, 1987
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Linda Jesselson
Trustee
MAYA ARIEL RUTH JESSELSON TRUST, UID June 30, 1993
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Linda Jesselson
Trustee
<PAGE>
Page 19 of 20 Pages
MICHAEL G. JESSELSON TRUST, UID December 18, 1980
By /s/_______________________________
Erica Jesselson
Trustee
By /s/_______________________________
Lucy Lang
Trustee
By /s/_______________________________
Claire Strauss
Trustee
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Benjamin J. Jesselson
Trustee
BENJAMIN J. JESSELSON TRUST, UID December 18, 1980
By /s/_______________________________
Erica Jesselson
Trustee
By /s/_______________________________
Lucy Lang
Trustee
By /s/_______________________________
Claire Strauss
Trustee
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Benjamin J. Jesselson
Trustee
<PAGE>
Page 20 of 20 Pages
THE OCTOBER 1983 TRUST FBO GRANDCHILDREN
By /s/_______________________________
Erica Jesselson
Trustee
By /s/_______________________________
Lucy Lang
Trustee
By /s/_______________________________
Claire Strauss
Trustee
By /s/_______________________________
Michael G. Jesselson
Trustee
By /s/_______________________________
Benjamin J. Jesselson
Trustee
