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OMB APPROVAL
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OMB Number: 3235-0145
Expires: November 30, 1999
Estimated average burden
hours per response......14.90
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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. 2)*
BIONUTRICS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
090946 10 4
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
*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 on 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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
Page 1 of 7
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CUSIP No. 090946 10 4 13G Page 2 of 7 Pages
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- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
R.H. LANE LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
ARIZONA
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -----------------------------------------------------
EACH
REPORTING
PERSON
WITH
6 SHARED VOTING POWER
3,268,185
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7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,268,185
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,268,185
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.70%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
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CUSIP No. 090946 10 4 13G Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RONALD H. LANE
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
ARIZONA
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 795,978
OWNED BY
EACH -----------------------------------------------------
REPORTING
PERSON
WITH
6 SHARED VOTING POWER
3,268,185
-----------------------------------------------------
7 SOLE DISPOSITIVE POWER
795,978
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,268,185
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,064,163
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.81%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
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CUSIP No. 090946 10 4 13G Page 4 of 7 Pages
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ITEM 1.
(a) Name of Issuer: Bionutrics, Inc.
(b) Address of Issuer's Principal Executive Offices:
2425 East Camelback Road, Suite 650
Phoenix, Arizona 85016
ITEM 2.
(a) Name of Person Filing: R.H. Lane Limited Partnership and Ronald
H. Lane
(b) Address of Principal Business Office or, if none, Residence:
2425 East Camelback Road, Suite 650
Phoenix, Arizona 85016
(c) Citizenship or Place of Organization:
R.H. Lane Limited Partnership: Arizona
Ronald H. Lane: United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 090946 10 4
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b),
OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) [_] Broker or dealer registered under Section 15 of the Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the
Act.
(d) [_] Investment company registered under Section 8 of the
Investment Company Act.
(e) [_] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act;
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CUSIP No. 090946 10 4 13G Page 5 of 7 Pages
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(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned: 4,064,163*
(b) Percent of Class: 18.81%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 795,978
(ii) Shared power to vote or to direct the vote: 3,268,185
(iii) Sole power to dispose or to direct the disposition of:
795,978
(iv) Shared power to dispose or to direct the disposition of:
3,268,185
*Includes 760,000 shares issuable upon exercise of options held by Mr.
Lane. Also includes 28,571 shares of stock pursuant to a stock grant approved by
the Board of Directors but not yet issued. Ronald H. Lane disclaims beneficial
ownership of all shares held by the R.H. Lane Limited Partnership except to the
extent that his individual interest in such shares arises from his interest in
such entity.
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 [_].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Limited and general partners of the R.H. Lane Limited
Partnership have the right to receive dividends and sale proceeds from the
shares. The only limited partner who has a right to receive dividends and
proceeds from shares held by the partnership that represent more than 5% of the
shares outstanding is Sandy Lane, the wife of Ronald H. Lane. The only general
partner with a more than 5% interest is Ronald H. Lane.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable.
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CUSIP No. 090946 10 4 13G Page 6 of 7 Pages
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10. CERTIFICATION
Not Applicable.
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CUSIP No. 090946 10 4 13G Page 7 of 7 Pages
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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.
2/14/00
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Date
/s/ Ronald H. Lane
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Signature
Ronald H. Lane, General Partner
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Name/Title
2/14/00
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Date
/s/ Ronald H. Lane
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Signature
Ronald H. Lane
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Name/Title
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
