<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Initial Filing)
CREATIVE BIOMOLECULES, INC.
(Name of the Issuer)
Common Shares
(Title of Class of Securities)
225270107000
(CUSIP number)
Check the following box if a fee is being paid with this statement [X].
- --------------------------------------------------------------------------------
1. Name of Reporting Person and Social Security Number of Above Person:
M.A. Berman Co.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a member of a Group (See Instructions):
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizen or Place of Organization:
State of Florida, USA
- --------------------------------------------------------------------------------
Number of Shares 5. Sole Voting Power: 174,600
Beneficially
Owned by Each 6. Shared Voting Power: 0
Reporting Person
with 7. Sole Dispositive Power: 174,600
8. Shared Dispositive Power: 1,426,600
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially owned by Each Reporting Person:
1,426,600
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row 9 Excludes Certain Shares:
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9:
5.52%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions):
BD
- --------------------------------------------------------------------------------
Page 1 of 4 Pages
<PAGE> 2
Item 1(a)
Name of Issuer: Creative Biomolecules, Inc.
- --------------------------------------------------------------------------------
Item 1(b)
Address of Issuer's Principal Executive Offices: 45 South Street
Hopkinton, MA 01748
- --------------------------------------------------------------------------------
Item 2(a)
Name of Person Filing: M.A. Berman Co.
- --------------------------------------------------------------------------------
Item 2(b)
Address of Principal Business Office or, if none, Residence:
433 Plaza Road, Suite 355
Boca Raton, FL 33432
- --------------------------------------------------------------------------------
Item 2(c)
Citizenship: State of Florida, U.S.A.
- --------------------------------------------------------------------------------
Item 2(d)
Title of Class of Securities: Common Shares
- --------------------------------------------------------------------------------
Item 2(e)
CUSIP Number: 225270107000
- --------------------------------------------------------------------------------
Item 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check
whether the person filing is a:
(a) [X] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security Act
of 1974 or Endowment Fund; see ss. 240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with ss. 240.13d-1(b)
(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(H)
- --------------------------------------------------------------------------------
Page 2 of 4 Pages
<PAGE> 3
Item 4
Ownership.
If the percent of the class owned, as of December 31 of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
(a) Amount Beneficially Owned: See Item 9 on Cover Page
--------------------------------------------------------------------------
(b) Percent of Class: See Item 11 on Cover Page
--------------------------------------------------------------------------
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
See Items 5, 6, 7 & 8 on Cover Page
- --------------------------------------------------------------------------------
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 [ ].
- --------------------------------------------------------------------------------
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.
Included in the 1,426,600 shares beneficially owned by M.A. Berman Co. are
174,600 shares owned by Meyer A. Berman or his family. Meyer A. Berman is the
sole shareholder of M.A. Berman Co.
- --------------------------------------------------------------------------------
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 the 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.
Page 3 of 4 Pages
<PAGE> 4
- --------------------------------------------------------------------------------
Item 8
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), 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(c), attach an exhibit stating the identity of each
member of the group.
- --------------------------------------------------------------------------------
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 members
of the group, in their individual capacity. See Item 5.
- --------------------------------------------------------------------------------
Item 10
Certification.
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
M.A. Berman Co.
By: /s/ Meyer A. Berman
------------------------------
Title: President
---------------------------
- --------------------------------------------------------------------------------
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
February 9, 1996 M.A. Berman Co.
By: /s/ Meyer A. Berman
---------------------------
Title: President
------------------------
Page 4 of 4 Pages