<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
LightTouch Vein & Laser, Inc.
(Name of Issuer)
Shares of Common Stock
(Title of Class of Securities)
523364 20 7
(CUSIP number)
Alan W. Crites
c/o 3000 Sand Hill Road, Building 3, Suite 255, Menlo Park, CA 94025,
(650) 854-8585 (Name, address and telephone number of person authorized to
receive notices and communications)
September 1, 2000
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Section
240.13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 22 Pages)
----------------------------------------
*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 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).
<PAGE> 2
Page 2 of 22 Pages
SCHEDULE 13D
For InterWest Partners VI, L.P.
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
InterWest Partners VI, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,946,698
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,946,698
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,946,698
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
<PAGE> 3
Page 3 of 22 Pages
SCHEDULE 13D
For InterWest Management Partners VI, L.L.C.
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
InterWest Management Partners VI, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
<PAGE> 4
Page 4 of 22 Pages
SCHEDULE 13D
For Harvey B. Cash:
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Harvey B. Cash
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 5
Page 5 of 22 Pages
SCHEDULE 13D
For Alan W. Crites
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Alan W. Crites
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 6
Page 6 of 22 Pages
SCHEDULE 13D
For Philip Gianos
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Philip Gianos
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 7
Page 7 of 22 Pages
SCHEDULE 13D
For W. Scott Hedrick
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
W. Scott Hedrick
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 8
Page 8 of 22 Pages
SCHEDULE 13D
For W. Stephen Holmes
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
W. Stephen Holmes
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 9
Page 9 of 22 Pages
SCHEDULE 13D
For Robert R. Momsen
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Robert R. Momsen
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 10
Page 10 of 22 Pages
SCHEDULE 13D
For Arnold L. Oronsky
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Arnold L. Oronsky
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 11
Page 11 of 22 Pages
SCHEDULE 13D
For Gilbert H. Kliman
--------------------------------------------------------------------------------
CUSIP NO.
523364 20 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Gilbert H. Kliman
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
-----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
-----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH: 2,008,181 (Includes 1,946,698 shares owned
by InterWest Partners VI, L.P. and 61,483
shares owned by InterWest Investors VI,
L.P.)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,008,181 (Includes 1,946,698 shares owned by InterWest Partners VI,
L.P. and 61,483 shares owned by InterWest Investors VI, L.P.)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.95% (Including InterWest Partners VI, L.P. and InterWest Investors
VI, L.P. Shares)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
<PAGE> 12
Page 12 of 22 Pages
Item 1. SECURITY AND ISSUER
This statement relates to certain shares of common stock (the "Shares") of
LightTouch Vein & Laser, Inc., a Nevada corporation (the "Company") with its
principal executive offices at 414 Glenwood Avenue, Suite 105, Raleigh, North
Carolina 27603
ITEM 2. IDENTITY AND BACKGROUND.
For InterWest Partners VI, L.P.
(a) Name
InterWest Partners VI, L.P., a California limited partnership
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Business and Address of Principal Business Office
Venture Capital Company
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) State of Organization
California
For InterWest Management Partners VI, L.L.C.
(a) Name
InterWest Management Partners VI, L.L.C., a California limited
liability company and general partner of InterWest Partners VI, L.P.
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Business and Address of Principal Business Office
General Partner of Venture Capital Company
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) State of Organization
California
<PAGE> 13
Page 13 of 22 Pages
For Harvey B. Cash:
(a) Name
Harvey B. Cash
(b) Residence or Business Address
Two Galleria Tower
13455 Noel Road
#1670
Dallas, TX 75240
(c) Principal Business and Address of Principal Business Office
Venture Capital Company
Two Galleria Tower
13455 Noel Road
#1670
Dallas, TX 75240
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States of America
For Alan W. Crites
(a) Name
Alan W. Crites
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Managing Director of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States Citizen
<PAGE> 14
Page 14 of 22 Pages
For Philip T. Gianos:
(a) Name
Philip T. Gianos
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Managing Director of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States of America
For W. Scott Hedrick:
(a) Name
W. Scott Hedrick
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Managing Director of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States of America
<PAGE> 15
Page 15 of 22 Pages
For W. Stephen Holmes
(a) Name
W. Stephen Holmes
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Managing Director of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States of America
<PAGE> 16
Page 16 of 22 Pages
For Robert R. Momsen:
(a) Name
Robert R. Momsen
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Managing Director of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States Citizen
<PAGE> 17
Page 17 of 22 Pages
For Arnold L. Oronsky:
(a) Name
Arnold L. Oronsky
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Managing Director of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States Citizen
<PAGE> 18
Page 18 of 22 Pages
For Gilbert H. Kliman
(a) Name
Gilbert H. Kliman
(b) Residence or Business Address
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(c) Principal Occupation and Name and Address of Principal Business
Venture Capitalist; Venture Member of InterWest
Management Partners VI, L.L.C.
3000 Sand Hill Road, Building 3, Suite 255
Menlo Park, CA 94025
(d) Past Criminal Convictions
None
(e) Past Civil Proceedings or Administrative
Proceedings Related to Federal or State
Securities Laws Resulting in a Judgment,
Decree or Final Order Finding Violations or
Enjoining Future Violations of Such Laws
None
(f) Citizenship
United States Citizen
<PAGE> 19
Page 19 of 22 Pages
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
For all persons listed in Item 2 above:
The securities were acquired as a result of the merger (the "Merger") of
Vanishing Point, Inc. ("Vanishing Point") and a wholly-owned subsidiary of the
Company, pursuant to which Vanishing Point became a wholly-owed subsidiary of
the Company and shares of the Company common stock ("Shares") were issued to
stockholders of Vanishing Point in consideration for the cancellation of their
stock in Vanishing Point.
ITEM 4. PURPOSE OF TRANSACTION.
For all persons listed in Item 2 above:
InterWest Partners VI, L.P. has acquired the Shares as a result of the
Merger.
InterWest Partners VI, L.P. intends continuously to review its investment
in the Company and may from time to time acquire or dispose of Shares of the
Company, depending on various factors, including but not limited to general
economic conditions, monetary and stock market conditions and future
developments affecting InterWest Partners VI, L.P. or the Company.
The board of directors of the Company has changed pursuant to the terms of
the Merger, but InterWest Partners VI, L.P. has no current plan to make any
further change to the board of directors of the Company.
ITEM 5. INTEREST IN SECURITIES OF ISSUER.
For InterWest Partners VI, L.P.:
(a) Amount Beneficially Owned:
InterWest Partners VI, L.P. is the beneficial owner of 1,946,698 Shares, or
10.95% of the outstanding Shares, of Common Stock of the Company, after giving
effect to the Merger.
(b) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 1,946,698
(ii) Shared power to vote or direct the vote: 0
(iii) Sole power to dispose or direct the disposition of: 1,946,698
(iv) Shared power to dispose or direct the disposition of: 0
(c) Neither InterWest Partners VI, L.P., nor any of the other persons listed in
Item 2 above has had any transaction involving stock of the Company during the
last 60 days.
(d) Not applicable
(e) Not applicable
<PAGE> 20
Page 20 of 22 Pages
For InterWest Management Partners VI, L.L.C.:
(a) Amount Beneficially Owned:
InterWest Management Partners VI, L.L.C. is the beneficial owner of
2,008,181 Shares, or 10.95% of the outstanding Shares, of Common Stock
of the Company, after giving effect to the Merger. This total includes
1,946,698 Shares owned by InterWest Partners, VI, L.P. and 61,483
Shares owned by InterWest Investors VI, L.P.; InterWest Management
Partners VI, L.L.C. is the general partner of both InterWest Partners
VI, L.P. and InterWest Investors VI, L.P.
(b) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 2,008,181
(ii) Shared power to vote or direct the vote: 0
(iii) Sole power to dispose or direct the disposition of:
2,008,181
(iv) Shared power to dispose or direct the disposition
of: 0
(c) Neither InterWest Management Partners VI, L.L.C., nor any of the
other persons listed in Item 2 above has had any transaction involving stock of
the Company during the last 60 days.
(d) Not applicable
(e) Not applicable
For each of the persons listed in Item 2 above as being Managing Directors of
InterWest Management Partners VI, L.L.C., and for Gilbert H. Kliman, Venture
Member of InterWest Management Partners VI, L.L.C.:
(a) Amount Beneficially Owned:
Each of the Managing Directors and the Venture Member of InterWest
Management Partners VI, L.L.C., the general partner of InterWest
Partners VI, L.P. and InterWest Investors VI, L.P., is the beneficial
owner of 2,008,181 Shares, or 10.95% of the outstanding Shares, of
Common Stock of the Company, after giving effect to the Merger. This
total includes 1,946,698 Shares owned by InterWest Partners, VI, L.P.
and 61,483 Shares owned by InterWest Investors VI, L.P.
(b) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 2,008,181
(iii) Sole power to dispose or direct the disposition of: 0
(iv) Shared power to dispose or direct the disposition of
2,008,181
(c) Neither any of the Managing Directors or the Venture Member of
InterWest Management Partners VI, L.L.C., nor any of the other persons listed in
Item 2 above has had any transaction involving stock of the Company during the
last 60 days.
(d) Not applicable
(e) Not applicable
<PAGE> 21
Page 21 of 22 Pages
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
For all persons listed in Item 2 above:
The issuer entered into a Voting Agreement (the "Voting Agreement") with
certain stockholders of the issuer who own, in the aggregate approximately 70%
of the issued and outstanding common stock of the issuer, including InterWest
Partners VI, L.P., pursuant to which, as described below, such stockholders of
the issuer agreed to vote their shares of the issuer, in all elections of
directors that take place between the date of the Merger and the second
anniversary of the Merger, for the persons designated in accordance with such
Voting Agreement.
The Voting Agreement provides that each of the parties thereto will vote all
shares of the common stock of the issuer now or hereafter owned or controlled by
them to elect as directors (a) one individual designated by Jerome Capital, LLC,
(b) one individual designated by Venture Strategy Partners, L.P., (c) one
individual designated jointly by Jerome Capital, LLC and Venture Strategy
Partners, L.P., and (d) two individuals jointly designated by Gregory Martini
and Plymouth Partners, for election after the date hereof at any meeting of the
stockholders of the issuer or in any consent in lieu of a meeting of the
stockholders of the issuer during the two year term of the Voting Agreement.
Effective at the time that the Merger became effective, the sole director of the
issuer, Gregory Martini, appointed Halley Faust (as designee of Jerome Capital
LLC), Joanna Rees Gallanter (as designee of Venture Strategy Partners, L.P.,
Melisse Shaban (as designee of Jerome Capital LLC and Venture Strategy Partners,
L.P), and an additional designee of Gregory Martini and Plymouth Partners to
vacancies on the board of directors; Mr. Martini is the other director jointly
designated by Mr. Martini and Plymouth Partners.
A copy of the Voting Agreement, including the names of each of the stockholders
who are parties thereto, is incorporated by reference as an exhibit hereto.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
A copy of the Merger Agreement, which was filed as an Exhibit to the Form
8-K filed by the Company on August 15, 2000, as of September 1, 2000, including
the names of each of the stockholders who are parties thereto, is incorporated
by reference as an exhibit to this Schedule 13D.
A copy of the Voting Agreement, which was filed as an Exhibit to the Form
8-K filed by the Company on August 15, 2000, as of September 1, 2000, including
the names of each of the stockholders who are parties thereto, is incorporated
by reference as an exhibit to this Schedule 13D.
See Joint Filing Statement - attached hereto as Exhibit A
* * *
This statement speaks as of its date, and no inference should be drawn that no
change has occurred in the facts set forth herein after the date hereof.
Note 1: According to Form 8-K filed by the Company on August 15, 2000, as of
September 1, 2000 there were outstanding and entitled to vote 18,936,539 shares
of Common Stock.
<PAGE> 22
Page 22 of 22 Pages
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.
Date: September __, 2000
INTERWEST PARTNERS VI, L.P.
By: InterWest Management Partners VI, L.L.C. /s/ Harvey B. Cash
---------------------
By: /s/ Alan W. Crites
------------------
Managing Director /s/ Alan W. Crites
---------------------
INTERWEST MANAGEMENT PARTNERS VI, L.L.C.
By: /s/ Alan W. Crites
------------------ /s/ Philip T. Gianos
Managing Director ---------------------
/s/ W. Scott Hedrick
---------------------
/s/ W. Stephen Holmes
---------------------
/s/ Gilbert H. Kliman
---------------------
/s/ Robert R. Momsen
---------------------
/s/ Arnold L. Oronsky
---------------------
<PAGE> 23
EXHIBIT A
We, the undersigned, hereby express our agreement that the attached Schedule 13D
is filed on behalf of each of us.
INTERWEST PARTNERS VI, L.P.
By: InterWest Management Partners VI, L.L.C. /s/ Harvey B. Cash
----------------------
By: /s/ Alan W. Crites
------------------
Managing Director /s/ Alan W. Crites
----------------------
INTERWEST MANAGEMENT PARTNERS VI, L.L.C.
By: /s/ Alan W. Crites
------------------ /s/ Philip T. Gianos
Managing Director ----------------------
/s/ W. Scott Hedrick
----------------------
/s/ W. Stephen Holmes
----------------------
/s/ Gilbert H. Kliman
----------------------
/s/ Robert R. Momsen
----------------------
/s/ Arnold L. Oronsky
----------------------
