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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. _____________ )*
ONDISPLAY, INC.
-------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
-------------------------------------------------------
(Title of Class of Securities)
68232L100
-------------------------------------------------------
(CUSIP Number)
-------------------------------------------------------
(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)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE> 2
SCHEDULE 13G
CUSIP NO. 68232L100 PAGE 2 OF 15 PAGES
--------- -- --
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Atlas Venture Fund II, L.P.
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0 shares
NUMBER OF ------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,390,784 shares
EACH ------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
0 shares
------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,390,784 shares
- --------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,390,784 shares
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.2%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------------
<PAGE> 3
SCHEDULE 13G
CUSIP NO. 68232L100 PAGE 3 OF 15 PAGES
--------- -- --
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Atlas Venture Associates II, L.P.
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0 shares
NUMBER OF ------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,390,784 shares
EACH ------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
0 shares
------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,390,784 shares
- --------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,390,784 shares
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.2%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------------
Page 3 of 15 Pages
<PAGE> 4
SCHEDULE 13G
CUSIP NO. 68232L100 PAGE 4 OF 15 PAGES
--------- -- --
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Christopher J. Spray
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0 shares
NUMBER OF ------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,390,784 shares
EACH ------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
0 shares
------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,390,784 shares
- --------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,390,784 shares
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.2%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------------------------------------------------------------------------------
Page 4 of 15 Pages
<PAGE> 5
SCHEDULE 13G
CUSIP NO. 68232L100 PAGE 5 OF 15 PAGES
--------- -- --
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Barry Fidelman
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0 shares
NUMBER OF ------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,390,784 shares
EACH ------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
0 shares
------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,390,784 shares
- --------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,390,784 shares
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.2%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------------------------------------------------------------------------------
Page 5 of 15 Pages
<PAGE> 6
SCHEDULE 13G
CUSIP NO. 68232L100 PAGE 6 OF 15 PAGES
--------- -- --
- --------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jean-Francois Formela
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [ ]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
France
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0 shares
NUMBER OF ------------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,390,784 shares
EACH ------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
0 shares
------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
2,390,784 shares
- --------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,390,784 shares
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS) [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.2%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------------------------------------------------------------------------------
Page 6 of 15 Pages
<PAGE> 7
SCHEDULE 13G
Item 1(a). NAME OF ISSUER: OnDisplay, Inc.
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
12667 Alcosta Boulevard, Suite 300, San Ramon, CA 94583
Item 2(a). NAMES OF PERSONS FILING: Atlas Venture Fund II, L.P., Atlas
Venture Associates II, L.P., Christopher J. Spray, Barry
Fidelman and Jean-Francois Formela.
Atlas Venture Associates II, L.P. is the sole general partner
of Atlas Venture Fund II, L.P. Messrs. Spray, Fidelman and
Formela are the individual general partners of Atlas Venture
Associates II, L.P.
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of Atlas Venture
Fund II, L.P., Atlas Venture Associates II, L.P. and Messrs.
Spray, Fidelman, and Formela is Atlas Venture, 222 Berkeley
Street, Boston, Massachusetts 02116.
Item 2(c). CITIZENSHIP: Atlas Venture Fund II, L.P. and Atlas Venture
Associates II, L.P. are each a limited partnership organized
under the laws of the State of Delaware. Mr. Spray is a
citizen of the United Kingdom. Mr. Fidelman is a citizen of
the United States. Mr. Formela is a citizen of France.
Item 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.001 par value.
Item 2(e). CUSIP NUMBER: 68232L100
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable.
Item 4. OWNERSHIP.
(a) Amount Beneficially Owned
Each of Atlas Venture Fund II, L.P. and Atlas Venture
Associates II, L.P. (individually an "Entity" and collectively
the "Entities") may be deemed to own beneficially 2,390,784
shares of Common Stock as of December 31, 1999. Each of
Messrs. Spray, Fidelman and Formela may be deemed to own
beneficially 2,390,784 shares of Common Stock as of December
31, 1999.
As of December 31, 1999, Atlas Venture Fund II, L.P. is the
record owner of 2,390,784 shares of Common Stock (referred to
as the "Record Shares"). By virtue of the affiliate
relationships among the Entities, each Entity may be deemed to
own beneficially all of the Record Shares. Hence, each Entity
may be deemed to own beneficially 2,390,784 shares of Common
Stock. In their capacities as individual general partners of
Atlas Venture Associates II, L.P., each of Messrs. Spray,
Fidelman and Formela may be deemed to own beneficially
2,390,784 shares of Common Stock.
Page 7 of 15 Pages
<PAGE> 8
(b) Percent of Class:
Atlas Venture Fund II, L.P. 12.2%
Atlas Venture Associates II, L.P. 12.2%
Christopher J. Spray 12.2%
Barry Fidelman 12.2%
Allan Ferguson 12.2%
Jean-Francois Formela 12.2%
The foregoing percentages are calculated based on the 19,638,544 shares of
Common Stock reported to be outstanding in a Registration Statement on Form S-1
for OnDisplay, Inc. dated December 17, 1999, as adjusted pursuant to Rule
13d-3(d)(1).
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0 shares for each reporting person
(ii) shared power to vote or to direct the vote:
Atlas Venture Fund II, L.P. 2,390,784 shares
Atlas Venture Associates II, L.P. 2,390,784 shares
Christopher J. Spray 2,390,784 shares
Barry Fidelman 2,390,784 shares
Jean-Francois Formela 2,390,784 shares
(iii) sole power to dispose or to direct the disposition of:
0 shares for each reporting person
(iv) shared power to dispose or to direct the disposition of:
Atlas Venture Fund II, L.P. 2,390,784 shares
Atlas Venture Associates II, L.P. 2,390,784 shares
Christopher J. Spray 2,390,784 shares
Barry Fidelman 2,390,784 shares
Jean-Francois Formela 2,390,784 shares
Each of the reporting persons expressly disclaims beneficial ownership of any
shares of Common Stock of OnDisplay, Inc., except in the case of Atlas Venture
Fund II, L.P. for the 2,390,784 shares which it holds of record.
Page 8 of 15 pages
<PAGE> 9
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. The reporting persons expressly disclaim membership in
a "group" as defined in Rule 13d-1(b)(1)(ii)(J).
Item 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
Item 10. CERTIFICATIONS.
Not Applicable. This statement on Schedule 13G is not filed pursuant
to Rule 13d-1(b) or Rule 13d-l(c).
Page 9 of 15 pages
<PAGE> 10
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct. We also hereby agree to file this statement jointly pursuant to the
Agreement listed on EXHIBIT 1 hereto.
Dated: February 10, 2000
ATLAS VENTURE FUND II, L.P. *
------------------------------
Christopher J. Spray
By: Atlas Venture Associates II, L.P.
*
------------------------------
Barry Fidelman
By: *
------------------------------------
Christopher J. Spray, *
General Partner ------------------------------
Jean-Francois Formela
ATLAS VENTURE ASSOCIATES II, L.P.
By: *
------------------------------------
Christopher J. Spray,
General Partner
* The undersigned attorney-in-fact, by signing her name below, does hereby
sign this statement on behalf of the above indicated filers pursuant to
Powers of Attorney filed hereto as EXHIBIT 2.
/s/ Jeanne Larkin Henry
________________________________________________
Jeanne Larkin Henry
Attorney-in-fact
Page 10 of 15 pages
<PAGE> 11
EXHIBIT 1
AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934,
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 shares of Common Stock of OnDisplay, Inc.
This agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
EXECUTED this 10th day of February, 2000.
ATLAS VENTURE FUND II, L.P. *
------------------------------
Christopher J. Spray
By: Atlas Venture Associates II, L.P.
*
------------------------------
Barry Fidelman
By: *
------------------------------------
Christopher J. Spray, *
General Partner ------------------------------
Jean-Francois Formela
ATLAS VENTURE ASSOCIATES II, L.P.
By: *
------------------------------------
Christopher J. Spray,
General Partner
* The undersigned attorney-in-fact, by signing her name below, does hereby
sign this statement on behalf of the above indicated filers pursuant to
Powers of Attorney filed hereto as EXHIBIT 2.
/s/ Jeanne Larkin Henry
_______________________________________________
Jeanne Larkin Henry
Attorney-in-fact
Page 11 of 15 pages
<PAGE> 12
EXHIBIT 2
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints each and any of Christopher J. Spray and
Jeanne Larkin Henry his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him and in his name, place and
stead, in any and all capacities (until revoked in writing) to sign any and all
instruments, certificates and documents required to be executed on behalf of
himself individually or on behalf of each or any of Atlas Venture Fund, L.P.,
Atlas Venture Associates, L.P., Atlas Venture Partners III, B.V., Atlas Venture
Fund II, L.P., Atlas Venture Associates II, L.P., Atlas Venture Europe Fund
B.V., Atlas InvesteringsGroep N.V., and Atlas Venture Beheer II B.V. pursuant to
sections 13 and 16 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and any and all regulations promulgated thereunder, and to file
the same, with all exhibits thereto, and any other documents in connection
therewith, with the Securities and Exchange Commission, and with any other
entity when and if such is mandated by the Exchange Act or by the By-laws of the
National Association of Securities Dealers, granting unto said attorney-in-fact
and agent full power and authority to do and perform each and every act and
thing requisite and necessary fully to all intents and purposes as he might or
could do in person thereby ratifying and confirming all that said
attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or
cause to be done by virtue hereof.
[REMAINDER OF PAGE LEFT BLANK INTENTIONALLY]
[SIGNATURE PAGE FOLLOWS IMMEDIATELY]
Page 12 of 15 pages
<PAGE> 13
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 31st
day of January, 1997.
/s/ Christopher J. Spray
-----------------------------------
Christopher J. Spray
Commonwealth of Massachusetts)
) ss:
County of Suffolk )
On this 31st day of January, 1997, before me personally came Christopher
J. Spray, known to me to be the person described and who executed the foregoing
instrument that he acknowledged that he executed the same.
[Notary Seal] /s/ Elizabeth A. LeBlanc
-----------------------------------
Notary Public
My commission expires: July 3, 1998
Page 13 of 15 pages
<PAGE> 14
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 31st
day of January, 1997.
/s/Barry Fidelman
-----------------------------------
Barry Fidelman
Commonwealth of Massachusetts)
) ss:
County of Suffolk )
On this 31st day of January, 1997, before me personally came Barry
Fidelman, known to me to be the person described and who executed the foregoing
instrument that he acknowledged that he executed the same.
[Notary Seal] /s/ Elizabeth A. LeBlanc
-----------------------------------
Notary Public
My commission expires: July 3, 1998
Page 14 of 15 pages
<PAGE> 15
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 31st
day of January, 1997.
/s/Jean-Francois Formela
-----------------------------------
Jean-Francois Formela
Commonwealth of Massachusetts)
) ss:
County of Suffolk )
On this 31st day of January, 1997, before me personally came Jean-Francois
Formela, known to me to be the person described and who executed the foregoing
instrument that he acknowledged that he executed the same.
[Notary Seal] /s/ Elizabeth A. LeBlanc
-----------------------------------
Notary Public
My commission expires: July 3, 1998
Page 15 of 15 pages
