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)*
Aradigm Corp.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
03850510
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 1998
- --------------------------------------------------------------------------------
(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 13 Pages
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------- --------------------------------------
CUSIP NO. 03850510 13 G Page 2 of 13 Pages
- ---------------------------------------------------------- --------------------------------------
<S> <C>
- ------------ --------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Technology Venture Investors - 4, L.P. ("TVI-4")
Tax ID Number: 94-3088804
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited partnership
- ------------------------------------ -------- ------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
BENEFICIALLY -------- ------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7.
- ------------------------------------ -------- ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 0
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------- --------------------------------------
CUSIP NO. 03850510 13 G Page 3 of 13 Pages
- ---------------------------------------------------------- --------------------------------------
<S> <C>
- ------------ --------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TVI Partners - 4, L.P. ("TVIP-4")
Tax ID Number: 94-3084677
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited partnership
- ------------------------------------ -------- ------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
BENEFICIALLY -------- ------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7.
- ------------ ---------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 0
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------- ---------------------------------------
CUSIP NO. 03850510 13 G Page 4 of 13 Pages
- ---------------------------------------------------------- ---------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TVI Affiliates - 4, L.P. ("TVIA-4")
Tax ID Number: 94-3154357
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited partnership
- ------------------------------------ -------- ------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares
BENEFICIALLY -------- ------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7.
- ------------------------------------ -------- ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 0
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------- ---------------------------------------
CUSIP NO. 03850510 13 G Page 5 of 13 Pages
- ---------------------------------------------------------- ---------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TVI Management - 4, L.P. ("TVIM-4")
Tax ID Number: 94-3088676
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited partnership
- ------------ ---------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY -------- ------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH See response to row 5.
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares.
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
See response to row 7
- ------------ ---------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 0
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.00%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------- --------------------------------------------
CUSIP NO. 03850510 13 G Page 6 of 13 Pages
- --------------------------------------------------- --------------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Robert C. Kagle ("Kagle")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION United States
- ------------ ---------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 40,840 shares
BENEFICIALLY ------- -----------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH 0 shares
------- -----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
40,840 shares
------- -----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares
- ------------ ---------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 40,840
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.34%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------- ---------------------------------------
CUSIP NO. 03850510 13 G Page 7 of 13 Pages
- ---------------------------------------------------------- ---------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
David F. Marquardt ("Marquardt")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION United States
- ------------------------------------ -------- ------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 82,681 shares
BENEFICIALLY -------- ------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH 0 shares
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
82,681 shares
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares
- ------------ ---------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 82,681
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.68%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------- ---------------------------------------
CUSIP NO. 03850510 13 G Page 8 of 13 Pages
- ---------------------------------------------------------- ---------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Burton J. McMurtry ("McMurtry")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION United States
- ------------ ---------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 73,020 shares
BENEFICIALLY -------- ------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH 0 shares
-------- ------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
73,020 shares
-------- ------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares
- ------------------------------------ -------- ------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 73,020
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.60%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------- --------------------------------------------
CUSIP NO. 03850510 13 G Page 9 of 13 Pages
- --------------------------------------------------- --------------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Mark G. Wilson ("Wilson")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------ ---------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 3,300 shares
BENEFICIALLY -------- -----------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH 0 shares
-------- -----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
3,300 shares
-------- -----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares
- ------------------------------ -------- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 3,300
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.027%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------ ------------------------------------------
CUSIP NO. 03850510 13 G Page 10 of 13 Pages
- ------------------------------------------------------ ------------------------------------------
<S> <C>
- ------------ ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
John R. Johnston ("Johnston")
Tax ID Number:
- ------------ ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [x]
- ------------ ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------ ---------------------------------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 47,349 shares
BENEFICIALLY ------- --------------------------------------------------------------------------
OWNED BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH 0 shares
------- --------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
47,349 shares
------- --------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares
- ---------------------------------- ------- --------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 0
- ------------ ---------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ------------ ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.39%
- ------------ ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ------------ ---------------------------------------------------------------------------------------------------------
<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
Page 11 of 13 Pages
This Statement amends and restates the Statement on 13(G) filed by Technology
Venture Investors-4, L.P., a Delaware limited partnership ("TVI-4"), TVI
Partners-4, L.P., a Delaware limited partnership ("TVIP-4"), TVI Affiliates-4,
L.P., a Delaware limited partnership ("TVIA-4"), TVI Management-4, L.P., a
Delaware limited partnership ("TVIM-4"), Robert C. Kagle ("Kagle"), David F.
Marquardt ("Marquardt"), Burton J. McMurtry ("McMurtry"), Mark G. Wilson
("Wilson") and John R. Johnston ("Johnston"). 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
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.
<PAGE>
Page 12 of 13 Pages
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following: [x] Yes
<PAGE>
Page 13 of 13 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 10, 1999
/s/ Mark G. Wilson
--------------------------------------
Mark G. Wilson, on behalf of TVI-4, in
his capacity as a general partner of
TVIM-4, the general partner of TVI-4,
on behalf of TVIP-4, in his capacity
as a general partner of TVIM-4, which
is the general partner of TVIP-4, on
behalf of TVIA-4, in his capacity as a
general partner of TVIM-4, which is
the general partner of TVIA-4, and on
behalf of TVIM-4, in his capacity as a
general partner thereof.
/s/ Robert C. Kagle /s/ Mark G. Wilson
- ----------------------------- -----------------------------
ROBERT C. KAGLE MARK G. WILSON
/s/ David F. Marquardt /s/ John R. Johnston
- ----------------------------- -----------------------------
DAVID F. MARQUARDT JOHN R. JOHNSTON
/s/ Burton J. McMurtry
- ----------------------------
BURTON J. MCMURTRY
