SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
240.13d-102
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
(S)240.13D-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO (S)240.13D-2
(Amendment No. )*
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MARTEK BIOSCIENCES CORPORATION
-------------------------------------------
(Name of Issuer)
Common Stock
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(Title of Class of Securities)
572901106
------------------
(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:
[X] Rule 13d-1(b)
[_ Rule 13d-1(c)
[_] Rule 13d-1(d)
*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>
- ------------------------
CUSIP NO. 572901106 13G
- ------------------------
- ------------------------------------------------------------------
- -------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BankAmerica Corporation
- ------------------------------------------------------------------
- -------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- ------------------------------------------------------------------
- -------------
SEC USE ONLY
3
- ------------------------------------------------------------------
- -------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4 Delaware
- ------------------------------------------------------------------
- -------------
SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------
- ------------
6 SHARED VOTING POWER
BENEFICIALLY
1,505,379
OWNED BY
- -------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON -----------------------------------------------
- ------------
SHARED DISPOSITIVE POWER
WITH 8
1,505,379
- ------------------------------------------------------------------
- -------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,505,379
- ------------------------------------------------------------------
- -------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------
- -------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
10.12%
- ------------------------------------------------------------------
- -------------
TYPE OF REPORTING PERSON*
12 HC
- ------------------------------------------------------------------
- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2
<PAGE>
- ------------------------
CUSIP NO. 572901106 13G
- ------------------------
- ------------------------------------------------------------------
- -------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBank Holdings Corporation----------------------------
- -------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- ------------------------------------------------------------------
- -------------
SEC USE ONLY
3
- ------------------------------------------------------------------
- -------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Charlotte NC------------------------------------------------
- --------------
SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------
- ------------
SHARED VOTING POWER
BENEFICIALLY 6
1,505,379
OWNED BY
-----------------------------------------------
- ------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------
- ------------
SHARED DISPOSITIVE POWER
WITH 8
1,505,379
- ------------------------------------------------------------------
- -------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 1,505,379
- ------------------------------------------------------------------
- -------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------
- -------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11 10.12%
- ------------------------------------------------------------------
- -------------
TYPE OF REPORTING PERSON*
12 HC
- ------------------------------------------------------------------
- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3
<PAGE>
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CUSIP NO. 572901106 13G
- ------------------------
- ------------------------------------------------------------------
- -------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBanc Capital Corporation
- ------------------------------------------------------------------
- -------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- ------------------------------------------------------------------
- -------------
SEC USE ONLY
3
- ------------------------------------------------------------------
- -------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Charlotte NC------------------------------------------------
- --------------
SOLE VOTING POWER
5
NUMBER OF -0-
SHARES -----------------------------------------------
- ------------
SHARED VOTING POWER
BENEFICIALLY 6
972,432
OWNED BY
-----------------------------------------------
- ------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------
- ------------
SHARED DISPOSITIVE POWER
WITH 8
972,432
- ------------------------------------------------------------------
- -------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 972,432
- ------------------------------------------------------------------
- -------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------
- -------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11 6.54%
- ------------------------------------------------------------------
- -------------
TYPE OF REPORTING PERSON*
12 IA
- ------------------------------------------------------------------
- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4
<PAGE>
Item 1 (a) Name of Issuer: Martek Biosciences Corporation
(b) Address of Issuer's
Principal Executive
Offices: 6480 Dobbin rd.
Columbia, MD 21405
Item 2 (a) Names of Person Filing: BankAmerica (BAC)
NB Holdings Corp
NB Capital Corp.
(b) Address of Principal
Business Offices: BAC
100 North Tryon St.
Charlotte, NC 28255
NB Holdings Corp.
100 North Tryon St.
Charlotte, NC 28255
NB Capital Corp.
100 North Tryon St.
Charlotte, NC 28255
(c) Citizenship: BAC Delaware
NB Holdings Corp. North
Carolina
NB Capital Corp. North
Carolina
(d) Title of Class of Common Stock
Securities:
(e) CUSIP Number: 572901106
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 Act
(15 U.S.C. 78o)
(b) [X] Bank as defined in Section 3(a)(6) of the
Act (15 U.S.C.
78c)
(c) [_] Insurance Company as defined in Section
3(a)(19) of the
Act (15 U.S.C. 78c)
(d) [_] Investment Company registered under Section
8 of the
Investment Company Act (15 U.S.C. 80a-8)
Page 7
<PAGE>
(e) [_] An investment adviser in accordance with
(S)240.13d-
1(b)(1)(ii)(E)
(f) [_] An employee benefit plan or endowment fund
in accordance
with (S)240.13d-1(b)(1)(ii)(F)
(g) [_] A parent holding company or control person
in accordance
with (S)240.13d-1(b)(ii)(G)
(h) [_] A savings association as defined in Section
3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [_] A church plan that is excluded from the
definition of an
investment company under section 3(c)(14) of
the
Investment Company Act of 1940 (15 U.S.C. 80a-
3)
(j) [_] Group, in accordance with (S)240.13d-
1(b)(1)(ii)(J)
If this statement is filed pursuant to (S)240.13d-1(c), check this
box. [_
Item 4 *Ownership
(a) Amount Beneficially Owned:
BAC 1,505,379
NB Holdings Corp. 1,505,379
NB Capital Corp. 972,432
(b) Percent of Class:
BAC 10.12%
NB Holdings Corp 10.12%
NB Capital Corp. 6.54%
___________
* By virtue of the corporate relationships between Reporting
Persons as
described in Item 7, BAC (the parent company) may be deemed
to possess
indirect beneficial ownership of shares beneficially owned
directly by its
subsidiaries. Similarly, higher tier BAC subsidiaries may be
deemed to possess indirect beneficial ownership of shares
beneficially owned directly by lower tier BAC subsidiaries. The
power to vote and to dispose of shares may be deemed to be shared
between entities due to their corporate relationships.
Page 8
<PAGE>
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote:
BAC 0
NB Holding Corp. 0
NB Capital Corp. 0
(ii) shared power to vote or to direct
the vote:
BAC 10.12%
NB Holding Corp. 10.12%
NB Capital Corp. 6.54%
(iii) sole power to dispose or to direct the
disposition of:
BAC
0
NB Holding Corp. 0
NB Capital Corp. 0
(iv) shared power to dispose or to direct
the disposition of:
BAC 10.12%
NB Holding Corp. 10.12%
NB Capital Corp. 6.54%
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 [_]
Page 9
<PAGE>
Item 6 Ownership of More than Five Percent on Behalf of
Another Person.
Not Applicable.
Item 7 Identification and Classification of the Subsidiaries
Which
Acquired the Security Being Reported on by the Parent
Holding
Company.
See Annex I.
Item 8 Identification and Classification of Members of the
Group.
Not Applicable.
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
[x] By signing below I certify that, to the best of my
knowledge and
belief, the securities referred to above were acquired
and are held
in the ordinary course of business and 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 that purpose or effect. (13d-1(b)).
[_] 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 that purpose or
effect. (13d-1(c)).
Page 10
<PAGE>
SIGNATURE
- ----------
After reasonable inquiry and to the best of my knowledge and
belief, the
undersigned certify that the information set forth in this
statement is true,
complete and correct.
Dated: January 11, 1999
BANKAMERICA CORPORATION*
NB HOLDINGS CORPORATION
NB CAPITAL CORPORATION
*By: /s/ STEPHEN A DOYLE
Stephen A Doyle
Vice President
Corporate Compliance
Page 11
<PAGE>
EXHIBIT A
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JOINT FILING AGREEMENT
----------------------
The undersigned hereby agree that they are filing this
statement jointly
pursuant to Rule 13d-1(f)(1). 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: January 11, 1999
BANKAMERICA CORPORATION*
NB HOLDINGS CORPORATION
NB CAPITAL CORPORATION
*By: /s/ STEPHEN A DOYLE
Stephen A Doyle
Vice President
Corporate Compliance
Page 12
