UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 13)*
BALDWIN TECHNOLOGY COMPANY, INC.
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(NAME OF ISSUER)
CLASS A COMMON STOCK
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(TITLE OF CLASS OF SECURITIES)
058264-10-2
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(CUSIP NUMBER)
Check the following box if a fee is being paid with this statement [IMPORT
OMITTED] (A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7).
*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 pages)
Page 1 of 5
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CUSIP NO. 058264-10-2 13G
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[1] NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WENDELL M. SMITH - S.S. #144-26-3154
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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
UNITED STATES
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NUMBER OF : [5] SOLE VOTING POWER
: 784,534 shares (ITEM 4)
SHARES
:--------------------------------------------
BENEFICIALLY
: [6] SHARED VOTING POWER
OWNED BY : NONE
EACH :--------------------------------------------
REPORTING PERSON : [7] SOLE DISPOSITIVE POWER
: 784,534 shares (ITEM 4)
:--------------------------------------------
: [8] SHARED DISPOSITIVE POWER
: NONE
:--------------------------------------------
[9] AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
784,534 shares (ITEM 4)
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[10] CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES* [X] 14,751 shares owned by Margaret Smith, wife of Reporting
Person, as to which shares Mr. Smith disclaims
beneficial ownership.
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[11] PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
APPROXIMATELY 5.9%
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[12] TYPE OF REPORTING PERSON*
INDIVIDUAL
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5
ITEM 1(a) NAME OF ISSUER: Baldwin Technology Company, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
12Commerce Dr., P.O. Box 901, Shelton, CT 06484
ITEM 2(a) NAME OF PERSON FILING: Wendell M. Smith
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Polestar Ltd.
C\o Polaris Partners LP
33 Downs Ave., Stamford, CT 06902
ITEM 2(c) CITIZENSHIP: U.S.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Class A Common Stock
ITEM 2(e) CUSIP NUMBER: 058264-10-2
ITEM 3. Not Applicable. The person filing this Amendment is not an
entity listed in this Item.
ITEM 4. OWNERSHIP:
(a) As of December 31, 2001, Mr. Wendell M. Smith is
deemed to be the beneficial owner of 784,534 shares
of Class A Common Stock of the Issuer, including
111 shares of Class A Common Stock (1% owned by WMS)
owned by Polaris Partners; 259,500 shares of Class
A Common Stock owned by Polestar Corporation (f/k/a
Polaris Corporation) (all the outstanding capital
stock of Polestar Corporation is owned, beneficially
and of record, by Mr. Smith); 240 shares owned
by Polaris Partners LP (WMS ownes 1%) which he has a
right to receive upon conversion of 24,000 shares of
Class B Common Stock of the Issuer; 504,015 shares
which he has a right to receive upon conversion of
504,015 shares of Class B Common Stock of the Issuer
(beneficially owned by Polestar Corporation); 20,668
shares which he has a right to receive upon
conversion of 20,668 shares of Class B Common
Page 3 of 5
Stock of the Issuer (beneficially owned by Polestar
Limited--all the outstanding capital stock of
Polestar Limited is owned, beneficially and of
record, by Mr. Smith). The foregoing amount does not
include 14,751 shares of Class A Common Stock owned
by Mr. Smith's spouse, as to which shares Mr. Smith
disclaims beneficial ownership.
(b) PERCENT OF CLASS: 5.9%
(c) Mr. Wendell M. Smith has sole power to vote, dispose
and direct the disposition of all 784,534 shares
which he beneficially owns.
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 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
Page 4 of 5
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 14, 2002
By:/s/ Wendell M. Smith
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Wendell M. Smith
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