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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
ISS GROUP, INC.
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(Name of issuer)
COMMON STOCK, $.001 par value per share
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(Title of class of securities)
450306 10 5
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(CUSIP Number)
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(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
(Continued on the following pages)
(Page 1 of 9 Pages)
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*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, se the Notes).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
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CUSIP No. 450306 10 5 SCHEDULE 13G Page 2 of 9 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Greylock Equity Limited Partnership
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
1,604,462
NUMBER OF -------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 1,604,462
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8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,604,462
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.41%
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12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
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CUSIP No. 450306 10 5 SCHEDULE 13G Page 3 of 9 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Greylock Equity GP Limited Partnership
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
1,604,462
NUMBER OF -------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 1,604,462
-------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,604,462
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.41%
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12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP No. 450306 10 5 SCHEDULE 13G Page 4 of 9 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Henry F. McCance
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(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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5. SOLE VOTING POWER
1,636,865
NUMBER OF -------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 32,403
-------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,650,258
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.68%
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12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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ITEM 1(a) NAME OF ISSUER:
ISS Group, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
6600 Peachtree-Dunwoody Road
300 Embassy Row, Suite 500
Atlanta, GA 30328
ITEM 2(a) NAME OF PERSON FILING:
Greylock Equity Limited Partnership ("GELP");
Greylock Equity GP Limited Partnership ("GEGPLP"),
the General Partner of GELP; Henry F. McCance, the
Managing General Partner of GEGPLP ("Managing
Partner").
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the reporting persons is:
One Federal Street
Boston, Massachusetts 02110
ITEM 2(c) CITIZENSHIP:
GELP is a limited partnership organized under the laws of the
State of Delaware. GEGPLP is a limited partnership organized
under the laws of the State of Delaware. Mr. McCance is a
citizen of the United States.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.001 per share (the "Common Stock").
ITEM 2(e) CUSIP Number:
450306 10 5
ITEM 3 DESCRIPTION OF PERSON FILING:
Not applicable.
ITEM 4 OWNERSHIP(1):
(a) AMOUNT BENEFICIALLY OWNED:
GELP is the record holder of 1,604,462
shares of Common Stock and may be deemed to
beneficially own the 1,604,462 shares of
Common Stock held of record by GELP. GEGPLP,
as General Partner of
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(1) As of December 31, 1998.
Page 5 of 9 pages
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GELP, may be deemed to beneficially own the 1,604,462
shares of Common Stock held of record by GELP. Mr.
McCance, as Managing General Partner of GEGPLP, may be
deemed to beneficially own the 1,604,462 shares of
Common Stock held of record by GELP. Mr. McCance may be
deemed to beneficially own an additional 45,796 shares
of Common Stock. The filing of this statement shall not
be construed as an admission that any of the reporting
persons are, for the purpose of Section 13(d) or 13(g)
of the Act, the beneficial owners of any securities
covered under this statement.
(b) PERCENT OF CLASS:
GELP: 9.41%
GEGPLP: 9.41%
Mr. McCance: 9.68%
(c) NUMBER OF SHARES AS TO WHICH THE PERSON HAS:
(i) sole voting power; (ii) shared voting power; (iii)
sole dispositive power; (iv) shared dispositive power:
GELP may be deemed to have sole power to vote and
dispose of 1,604,462 shares of Common Stock. GEGPLP, as
General Partner of GELP, may be deemed to have sole
power to vote and dispose of 1,604,462 shares of Common
Stock. Mr. McCance, as Managing General Partner of
GEGPLP, may be deemed to have sole power to vote
1,604,462 shares of Common Stock. Mr. McCance may be
deemed to have power to vote and dispose of an
additional 32,403 shares of Common Stock.
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.
Page 6 of 9 pages
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ITEM 10 CERTIFICATION:
Not applicable.
Page 7 of 9 pages
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SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned hereby certifies that the
information set forth in this statement is true, complete and correct.
DATED: February 11, 1999
GREYLOCK EQUITY LIMITED PARTNERSHIP
By: Greylock Equity GP Limited
Partnership General Partner
By: /s/ Henry F. McCance
--------------------------------
Henry F. McCance
Managing General Partner
GREYLOCK EQUITY GP LIMITED PARTNERSHIP
By: /s/ Henry F. McCance
-------------------------------------
Henry F. McCance
Managing General Partner
/s/ Henry F. McCance
----------------------------------------
Henry F. McCance
Page 8 of 9 pages
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Exhibit I
AGREEMENT
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby agree that only one statement containing the
information required by Schedule 13G need be filed with respect to the ownership
by each of the undersigned of the shares of Common Stock of ISS Group, Inc.
EXECUTED as a sealed instrument this 11th day of February, 1999.
GREYLOCK EQUITY LIMITED PARTNERSHIP
By: Greylock Equity GP Limited
Partnership General Partner
By: /s/ Henry F. McCance
--------------------------------------
Henry F. McCance
Managing General Partner
GREYLOCK EQUITY GP LIMITED PARTNERSHIP
By: /s/ Henry F. McCance
--------------------------------------
Henry F. McCance
Managing General Partner
/s/ Henry F. McCance
-----------------------------------------
Henry F. McCance
stahl/39429105/13G99/iss.wpf
Page 9 of 9 pages
