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UNITED STATES OMB APPROVAL
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SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0145
WASHINGTON, D.C. 20549 Expires: December 31, 1997
Estimated average burden
hours per response 14.90
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. ______)*
Arterial Vascular Engineering, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
043013-10-1
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (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 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).
1.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. 043013-10-1 13G Page 2 of 10 Pages
-------------------------
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Airem Ltd.
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
------- ----------------------------------------------------------------------------------------------
SHARES BENEFICIALLY OWNED 6 SHARED VOTING POWER
BY 1,728,686
------- ----------------------------------------------------------------------------------------------
EACH REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER
0
------- ----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,728,686
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,728,686
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.58%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------- ---------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
2.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. 043013-10-1 13G Page 3 of 10 Pages
-------------------------
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Luis M. de la Fuente
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Argentina
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
------- ----------------------------------------------------------------------------------------------
SHARES BENEFICIALLY OWNED 6 SHARED VOTING POWER
BY 1,728,686
------- ----------------------------------------------------------------------------------------------
EACH REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER
0
------- ----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,728,686
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,728,686
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.58%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
3.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. 043013-10-1 13G Page 4 of 10 Pages
-------------------------
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Maria I. Fitte de la Fuente
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Argentina
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
------- ----------------------------------------------------------------------------------------------
SHARES BENEFICIALLY OWNED 6 SHARED VOTING POWER
BY 1,728,686
------- ----------------------------------------------------------------------------------------------
EACH REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER
0
------- ----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,728,686
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,728,686
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.58%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
4.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. 043013-10-1 13G Page 5 of 10 Pages
-------------------------
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Hector N. de la Fuente
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ------------- ---------------------------------------------------------------------------------------------------------------------
3
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Argentina
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
------- ----------------------------------------------------------------------------------------------
SHARES BENEFICIALLY OWNED 6 SHARED VOTING POWER
BY 1,728,686
------- ----------------------------------------------------------------------------------------------
EACH REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER
0
------- ----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,728,686
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,728,686
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.58%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
5.
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. 043013-10-1 13G Page 6 of 10 Pages
-------------------------
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Facundo de la Fuente
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Argentina
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
------- ----------------------------------------------------------------------------------------------
SHARES BENEFICIALLY OWNED 6 SHARED VOTING POWER
BY 1,728,686
------- ----------------------------------------------------------------------------------------------
EACH REPORTING PERSON WITH 7 SOLE DISPOSITIVE POWER
0
------- ----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,728,686
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,728,686
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.58%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</TABLE>
6.
<PAGE>
ITEM 1.
(a)Name of Issuer: Arterial Vascular Engineering, Inc.
(b)Address of Issuer's Principal Executive Offices: 3576 Unocal Place
Santa Rosa, CA 95403
ITEM 2.
(a) Name of Persons Filing:
Airem Ltd. Hector N. de la Fuente
Luis M. de la Fuente Facundo de la Fuente
Maria I. Fritte de la Fuente
(b) Address of Principal Business Office:
Airem Ltd.: P.O. Box 1164 Individuals: Ugarteche 3221 P15
Georgetown Buenos Aires,
Grand Cayman, West Indies Argentina
(c) Citizenship: Airem Ltd.: Cayman Islands
Individuals: Argentina
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 043013-10-1
ITEM 3. Not Applicable
ITEM 4. Ownership
For each of Airem Ltd. and Luis de la Fuente, Maria de la Fuente, Hector de la
Fuente and Facundo de la Fuente:
(a)Amount Beneficially Owned: 1,728,686
(b)Percent of Class: 5.58%
(c)Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 1,728,686
(iii) sole power to dispose or to direct the disposition of: 0
7.
<PAGE>
(iv) shared power to dispose or to direct the disposition of:
1,728,686
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
EXHIBIT A: Joint Filing Statement
8.
<PAGE>
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 11, 1997 February 11, 1997
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Date Date
/s/ Peter O'Sullivan &
James Dodge /s/ Luis M. de la Fuente
- ---------------------------------- ----------------------------------
Authorized Signatories for Luis M. de la Fuente
Fiduciary Services Ltd.,
Sole Director of Airem Ltd.
February 11, 1997 February 11, 1997
---------------------------------- ----------------------------------
Date Date
/s/ Maria I. Fitte de la Fuente /s/ Hector N. de la Fuente
- ---------------------------------- ----------------------------------
Maria I. Fitte de la Fuente Hector N. de la Fuente
February 11, 1997
- ----------------------------------
Date
/s/ Facundo de la Fuente
- ----------------------------------
Facundo de la Fuente
9.
<PAGE>
EXHIBIT A
JOINT FILING STATEMENT
Pursuant to Rule 13d-1(f)(1), we, the undersigned, hereby express our agreement
that the attached Schedule 13G is filed on behalf of each of us.
Date: February 11, 1997
Airem Ltd.
By: /s/ Peter O'Sullivan &
James Dodge
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Authorized Signatories for
Fiduciary Services Ltd.,
Sole Director of Airem Ltd.
By: /s/ Luis M. de la Fuente
--------------------------------
Luis M. de la Fuente
By: /s/ Maria I. Fitte de la Fuente
--------------------------------
Maria I. Fitte de la Fuente
By: /s/ Hector N. de la Fuente
--------------------------------
Hector N. de la Fuente
By: /s/ Facundo de la Fuente
--------------------------------
Facundo de la Fuente
10.
