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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
Safety 1st, Inc.
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(Name of Issuer)
Common Stock, par value, $0.01 per share
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(Title of Class of Securities)
786475-10-3
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(CUSIP Number)
*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).
(Continued on following page(s))
Page 1 of 4 Pages
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CUSIP NO. 786475-10-3 13G PAGE 2 OF 4 PAGES
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Michael Lerner
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF 5 SOLE VOTING POWER
SHARES 2,990,667**
BENEFICIALLY ------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 2,963,624**
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8 SHARED DISPOSITIVE POWER
27,043***
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,990,667**
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
41.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
**Includes 6,667 shares that can be purchased from the
Issuer within 60 days after December 31, 1997, pursuant
to an option.
***Represents shares held by the reporting person that
have been pledged by the reporting person to a third
party.
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SCHEDULE 13G Page 3 of 4 Pages
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Item 1: (a) Name of Issuer:
Safety 1st, Inc.
(b) Address of Issuer's Principal Executive Offices:
210 Boylston Street, Chestnut Hill, Massachusetts 02167
Item 2: (a) Name of Person Filing:
Michael Lerner
(b) Address of Principal Business Office or, if none, Residence:
210 Boylston Street, Chestnut Hill, Massachusetts 02167
(c) Citizenship:
USA
(d) Title of Class of Securities:
Common Stock, par value, $0.01 per share
(e) CUSIP Number:
786475-10-3
Item 3: If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not Applicable
Item 4: Ownership.
(a) Amount Beneficially Owned:
2,990,667*
(b) Percent of Class:
41.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 2,990,667*
---------
(ii) Shared power to vote or to direct the vote 0
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(iii) Sole power to dispose or to direct the disposition of 2,963,624*
---------
(iv) Shared power to dispose or to direct the disposition of 27,043**
---------
</TABLE>
* Includes 6,667 shares that can be purchased from the Issuer
within 60 days after December 31, 1997, pursuant to an
option.
** Represents shares held by the reporting person that have
been pledged by the reporting person to a third party.
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SCHEDULE 13G Page 4 of 4 Pages
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Item 5: Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6: Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
Item 7: Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not Applicable
Item 8: Identification and Classification of Members of the Group:
Not Applicable
Item 9: Notice of Dissolution of Group:
Not Applicable
Item 10: Certification:
Not Applicable
</TABLE>
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.
February 5, 1998
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(Date)
/s/ Michael Lerner
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(Signature)
Michael Lerner
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(Name/Title)
**PLEASE NOTE THAT THIS FILING SUPERCEDES THE PRIOR AMENDMENT NO. 4 DATED
FEBRUARY 5, 1998, AND FILED ON FEBRUARY 9, 1998. THIS FILING IS BEING MADE TO
REFLECT THAT THE REPORTING PERSON HAS PLEDGED 27,043 SHARES TO A THIRD PARTY,
WHICH THE PRIOR FILING DOES NOT REFLECT.**