UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1 TO SCHEDULE 13D
Under the Securities Exchange Act of 1934
Bitstream Inc.
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(Name of Issuer)
Class A Common Stock, $0.01 per share
-------------------------------------
(Title of Class of Securities)
091736108
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(CUSIP Number)
Andrew M. Troop, Esq.
Hutchins, Wheeler & Dittmar, A Professional Corporation, 101 Federal Street,
Boston, MA 02110 (617) 951-6600
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
May 11 , 1999
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ].
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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AMENDMENT NO. 1 TO SCHEDULE 13D
CUSIP No. 091736108
1. NAME OF REPORTING PERSON - Bell Lane, LLC
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - 51-0380629
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
7. SOLE VOTING POWER
437,000
NUMBER OF
SHARES 8. SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH 9. SOLE DISPOSITIVE POWER
REPORTING 437,000
PERSON WITH
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
437,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.03%
14. TYPE OF REPORTING PERSON
OO
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AMENDMENT NO. 1 TO SCHEDULE 13D
CUSIP No. 091736108
1. NAME OF REPORTING PERSON - Kevin G. Curran
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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
United States
7. SOLE VOTING POWER
166,250
NUMBER OF
SHARES 8. SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH 9. SOLE DISPOSITIVE POWER
REPORTING 166,250
PERSON WITH
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
166,250
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.29%
14. TYPE OF REPORTING PERSON
IN
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AMENDMENT NO. 1 TO SCHEDULE 13D
This Amendment No. 1 hereby amends and supplements the Statement on
Schedule 13D, relating to the Class A Common Stock, $0.01 par value per share
(the "Shares") of Bitstream, Inc., a Delaware corporation (the "Company"), as
previously filed by the Reporting Persons, consisting of Bell Lane, LLC and
Kevin G. Curran. Capitalized terms used herein without definition have the
meaning ascribed to such terms in the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is hereby amended and restated in its entirety as
follows:
As to 166,250 of the Shares to which this statement relates, by the
personal funds of Mr. Kevin G. Curran, a member of Bell Lane, LLC. Mr. Curran
has not previously reported his beneficial ownership of 110,000 of the Shares to
which this statement relates.
As to 437,000 of the Shares to which this statement relates, by the
portfolio funds of Bell Lane, LLC.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and restated in its entirety as
follows:
Bell Lane, LLC.
(a)-(b) Bell Lane, LLC is the beneficial owner of 437,000 Shares, or 6.03%
of the outstanding Shares of the Company, of which it had sole voting and
dispositive power with respect to 437,000 Shares.
Kevin G. Curran.
(a)-(b) Mr. Curran is the beneficial owner of 166,250 Shares, or 2.29% of
the outstanding Shares of the Company, of which he had sole voting and
dispositive power with respect to 166,250 Shares. Mr. Curran is a .01% member of
Bell Lane LLC which owns 437,000 Shares of the Company. Mr. Curran expressly
disclaims ownership to such Shares.
<PAGE>
Signatures
After reasonable inquiry and to the best knowledge and belief of each of
the undersigned, such person certifies that the information set forth in this
Statement with respect to such person is true, complete and correct.
BELL LANE, LLC
By:/s/ Claudine Curran
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Name: Claudine Curran
Title: Managing Member
KEVIN G. CURRAN
/s/ Kevin G.Curran
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Kevin G. Curran
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