BRUNSWICK TECHNOLOGIES INC
SC 13G/A, 1999-02-22
BROADWOVEN FABRIC MILLS, MAN MADE FIBER & SILK
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO.  1  )*
                                              ---


                          BRUNSWICK TECHNOLOGIES, INC.
- --------------------------------------------------------------------------------
                                (Name of issuer)


                                  COMMON STOCK
- --------------------------------------------------------------------------------
                         (Title of class of securities)


                                   117394 10 6
- --------------------------------------------------------------------------------
                                 (CUSIP number)

                                December 31, 1998
- --------------------------------------------------------------------------------
             (Date of event which requires filing of this statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

         [ ] Rule 13d-1(b)
         [x] Rule 13d-1(c)  (Amendment filed pursuant to Rule 13d-2(b))
         [ ] Rule 13d-1(d)

                       (Continued on the following pages)

                              (Page 1 of 7 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 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>   2
- -------------------------                              -------------------------
  CUSIP No. 117394 10 6            SCHEDULE 13G           Page 2 of 7 Pages
- --------------------------------------------------------------------------------
1.       NAME OF REPORTING PERSON
         I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON (Entities only)

         David M. Coit
- --------------------------------------------------------------------------------
2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)  [ ]
                                                                       (b)  [ ]
- --------------------------------------------------------------------------------
3.       SEC USE ONLY

- --------------------------------------------------------------------------------
4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         United States of America
- --------------------------------------------------------------------------------
                    5.     SOLE VOTING POWER
    
                           587
    NUMBER OF       ------------------------------------------------------------
      SHARES        6.     SHARED VOTING POWER                                  
   BENEFICIALLY                                                                 
     OWNED BY              0                                       
       EACH         ------------------------------------------------------------
    REPORTING       7.     SOLE DISPOSITIVE POWER                               
      PERSON                                                                    
       WITH:               587                                                  
                    ------------------------------------------------------------
                    8.     SHARED DISPOSITIVE POWER                             

                           0                                                    
- --------------------------------------------------------------------------------
9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         587
- --------------------------------------------------------------------------------
10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                            [ ]
- --------------------------------------------------------------------------------
11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         .01%
- --------------------------------------------------------------------------------
12.      TYPE OF REPORTING PERSON

         IN
================================================================================
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>   3
Item 1(a).                 NAME OF ISSUER

                           Brunswick Technologies, Inc.

Item 1(b).                 ADDRESS OF ISSUER'S PRINCIPAL OFFICE

                           43 Bibber Parkway
                           Brunswick, Maine  04011

Item 2(a).                 NAME OF PERSON FILING

                           David M. Coit

Item 2(b).                 ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, 
                           RESIDENCE

                           70 Center Street
                           Portland, Maine  04011


Item 2(c).                 CITIZENSHIP

                           United States of America

Item 2(d).                 TITLE OF CLASS OF SECURITIES

                           Common Stock

Item 2(e).                 CUSIP NUMBER

                           117394 10 6

Item 3.                    If this statement is filed pursuant to Rules 
                           13d-1(b), or 13d-2(b) or (c), check whether the 
                           person filing is a:

                (a)[ ]     Broker or dealer registered under Section 15 of the 
                           Exchange Act
                (b)[ ]     Bank as defined in Section 3(a)(6) of the Exchange 
                           Act.
                (c)[ ]     Insurance company as defined in Section 3(a)(19) of 
                           the Exchange Act.
                (d)[ ]     Investment company registered under Section 8 of the 
                           Investment Company Act.
                (e)[ ]     Investment adviser in accordance with Rule 13d-1(b)
                           (1)(ii)(E).
                (f)[ ]     Employee benefit plan, or endowment fund in 
                           accordance with Rule 13d-1(b)(1)(ii)(F).
                (g)[ ]     Parent holding company or control person, in 
                           accordance with Rule 13d-1(b)(1)(ii)(G).
                (h)[ ]     A savings association as defined in Section 3(b) of 
                           the Federal Deposit Insurance Act.
                (i)[ ]     A church plan that is excluded from the definition of
                           an investment company under Section 3(c)(14) of the 
                           Investment Company Act.


                               Page 3 of 7 pages
<PAGE>   4

                (j)[ ]     Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

                           If this statement is filed pursuant to Rule 13d-1(c),
                           check this box [X].

                           This statement is an amendment filed pursuant to Rule
                           13d-2(b).

Item 4.                    OWNERSHIP

                           Provide the following information regarding the
                           aggregate number and percentage of the class of the
                           securities of the issuer identified in Item 1.


                           (a) Amount Beneficially Owned: 587


                           (b) Percent of Class: .01%


                           (c) Number of shares as to which such persons has:

                                 (i)   sole power to vote or to direct the vote:

                                       587

                                 (ii)  shared power to vote or to direct the 
                           vote:
     
                                       -0-

                                 (iii) sole power to dispose or to direct the
                           disposition of:

                                       587

                                 (iv)  shared power to dispose or to direct the
                           disposition of:

                                       -0-


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 the beneficial owner of more than five
                           percent of the class of securities, check the
                           following [X].


                               Page 4 of 7 pages
<PAGE>   5




Item 6.                    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF 
                           ANOTHER PERSON.


                           If any other person is known to have the right to
                           receive or the power to direct the receipt of
                           dividends from, or the proceeds from the sale of,
                           such securities, a statement to that effect should
                           be included in response to this item and, if such
                           interest relates to more than five percent of the
                           class, such person should be identified. A listing
                           of the shareholders of an investment company
                           registered under the Investment Company Act of 1940
                           or the beneficiaries of employee benefit plan,
                           pension fund or endowment fund is not required.

                                   Inapplicable

Item 7.                    IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
                           WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE 
                           PARENT HOLDING COMPANY.

                           If a parent holding company has filed this schedule,
                           pursuant to Rule 13d-1(b)(ii)(G), so indicate under
                           Item 3(g) and attach an exhibit stating the identity
                           and Item 3 classification of the relevant
                           subsidiary. If a parent holding company has filed
                           this schedule pursuant to Rule 13d-1(c), attach an
                           exhibit stating the identification of the relevant
                           subsidiary.

                                   Inapplicable

Item 8.                    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE 
                           GROUP.

                           If a group has filed this schedule, pursuant to Rule
                           13d-1(b)(1)(ii)(J), so indicate under Item 3(h) and
                           attach an exhibit stating the identity and Item 3
                           classification of each member of the group. If a
                           group has filed this schedule pursuant to Rule
                           13d-1(d), attach an exhibit stating the identity of
                           each member of the group.

                                   Inapplicable

Item 9.                    NOTICE OF DISSOLUTION OF GROUP.

                           Notice of dissolution of a group may be furnished as
                           an exhibit stating the date of the dissolution and
                           that all further filings with respect to
                           transactions in the security reported on will be
                           filed, if required, by the members of the group, in
                           their individual capacity. (See Item 5.)

                                   Inapplicable


                               Page 5 of 7 pages
<PAGE>   6



Item 10.                   CERTIFICATION.

                           By signing below I certify that, to the best of my
                           knowledge and belief, the securities referred to
                           above 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 the
                           securities and were not acquired and are not held in
                           connection with or as a participant in any
                           transaction having such purposes or effect.


                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]


                               Page 6 of 7 pages
<PAGE>   7




                                    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.


                                          Date: FEBRUARY 22, 1999          
 
                                    Signature: /s/ David M. Coit          
                                                ----------------------
                                    Name/Title: DAVID M.COIT            


                               Page 7 of 7 pages


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