SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1
(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No.1)*
CollaGenex Pharmaceuticals, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
19419B100
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(CUSIP Number)
December 31, 1998
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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-(c)
[X] 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
disclosures provided in a prior cover page.
The information required on 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 10 Pages
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CUSIP NO. 19419B100 13 G Page 2 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Delphi Ventures III, L.P. ("DV III")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES 500,968 shares, except that Delphi Management Partners III, L.L.C.
BENEFICIALLY ("DMP III"), the general partner of DVIII, and Bochnowski, Douglass,
OWNED BY EACH REPORTING Lothrop and Yu, the general partners of DMP III, may be deemed to have
PERSON shared power to vote these shares.
WITH
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6 SHARED VOTING POWER
See response to row 5.
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7 SOLE DISPOSITIVE POWER
500,968 shares, except that Delphi Management Partners III, L.L.C.
("DMP III"), the general partner of DVIII, and Bochnowski, Douglass,
Lothrop and Yu the general partners of DMP III, may be deemed to have
shared power to dispose of these shares.
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8 SHARED DISPOSITIVE POWER
See response to row 7.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 500,968
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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
5.83%
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12 TYPE OF REPORTING PERSON*
PN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 19419B100 13 G Page 3 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Delphi BioInvestments III, L.P. ("DBI III")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES 9,032 shares, except that DMP III, the general partner of DV III, and
BENEFICIALLY Bochnowski, Douglass, Lothrop and Yu, the general partners of DMP III,
OWNED BY EACH REPORTING may be deemed to have shared power to vote these shares.
PERSON
WITH
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6 SHARED VOTING POWER
See response to row 5.
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7 SOLE DISPOSITIVE POWER
9,032 shares, except that DMP III, the general partner of DV III, and
Bochnowski, Douglass, Lothrop and Yu, the general partners of DMP III,
may be deemed to have shared power to vote these shares.
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8 SHARED DISPOSITIVE POWER
See response to row 7.
- ----------------------------------- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 9,032
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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
0.10%
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12 TYPE OF REPORTING PERSON*
PN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 19419B100 13 G Page 4 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Delphi Management Partners III, L.P. ("DMP III")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III is the general partner of DV III
and DBI III and may be deemed to have shared power to vote these
shares.
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7 SOLE DISPOSITIVE POWER
0 shares.
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8 SHARED DISPOSITIVE POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III is the general partner of DV III
and DBI III and may be deemed to have shared power to dispose of these
shares.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 510,000
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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
5.94%
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12 TYPE OF REPORTING PERSON*
PN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 19419B100 13 G Page 5 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
James J. Bochnowski ("Bochnowski")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Bochnowski, a general partner of DMP III, may be
deemed to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares.
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Bochnowski, a general partner of DMP III, may be
deemed to have shared power to dispose of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 510,000
- ------------ --------------------------------------------------------------------------------------------------------
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
5.94%
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12 TYPE OF REPORTING PERSON*
IN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 19419B100 13 G Page 6 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
David L. Douglass ("Douglass")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Douglass, a general partner of DMP III, may be deemed
to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares.
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Douglass, a general partner of DMP III, may be deemed
to have shared power to dispose of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 510,000
- ------------ --------------------------------------------------------------------------------------------------------
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
5.94%
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12 TYPE OF REPORTING PERSON* IN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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<CAPTION>
<S> <C> <C>
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CUSIP NO. 19419B100 13 G Page 7 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Donald J. Lothrop ("Lothrop")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Lothrop, a general partner of DMP III, may be deemed
to have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares.
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Lothrop, a general partner of DMP III, may be deemed
to have shared power to dispose of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 510,000
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.94%
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12 TYPE OF REPORTING PERSON* IN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
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CUSIP NO. 19419B100 13 G Page 8 of 10 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Debra Yu ("Yu")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ------------ --------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Yu, a general partner of DMP III, may be deemed to
have shared power to vote these shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares.
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
510,000 shares, of which 500,968 are directly owned by DV III and 9,032
are directly owned by DBI III. DMP III, the general partner of DV III
and DBI III, and Yu, a general partner of DMP III, may be deemed to
have shared power to dispose of these shares.
- ------------ --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 510,000
- ------------ --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.94%
- ------------ --------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ------------ --------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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Page 9 of 10 Pages
This Statement amends and restates the Statement on 13(G) filed by
Delphi Ventures III, L.P., a Delaware limited partnership ("DV III"),
Delphi BioInvestments III, L.P. ("DBI III"), Delphi Management
Partners III, L.P., a Delaware limited partnership ("DMP III"), James
J. Bochnowski ("Bochnowski"), David L. Douglass ("Douglass"), Donald
J. Lothrop ("Lothrop") and Debra Yu ("Yu"). The foregoing entities and
individuals are collectively referred to as the "Reporting Persons."
ITEM 4. OWNERSHIP:
The following information with respect to the ownership of the Common
Stock of the issuer by the persons filing this Statement is provided
as of December 31, 1998:
(a) Amount beneficially owned:
See Row 9 of cover page for each Reporting Person.
(b) Percent of Class:
See Row 11 of cover page for each Reporting Person.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Row 7 of cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition
of:
See Row 8 of cover page for each Reporting Person.
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Page 10 of 10 Pages
SIGNATURES
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.
Dated: February 9, 1999
/s/ James J. Bochnowski
------------------------------------
James J. Bochnowski, individually,
and on behalf of DVIII, in his
capacity as a general partner of DMP
III, the general partner of DVIII,
on behalf of DBI III, in his
capacity as a general partner of DMP
III, the general partner of DBI III,
and on behalf of DMP III in his
capacity as a general partner
thereof.
/s/ David L. Douglass
------------------------------------
David L. Douglass
/s/ Donald J. Lothrop
------------------------------------
Donald J. Lothrop
/s/ Debra Yu
------------------------------------
Debra Yu
