SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Rule 13d-102
Under the Securities Exchange Act of 1934
(Amendment No. )*
Entrust Technologies Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
293848-10-7
- --------------------------------------------------------------------------------
(CUSIP Number)
August 17, 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-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 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).
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Olympus Executive Fund, L.P.
I.R.S. #06-1440917
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 46,668
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
46,668
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,668
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1% but approximately 11% if considered together with Olympus Growth Fund
II, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
OEF, L.P.
I.R.S. #06-1440918
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 46,668
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
46,668
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,668
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1% but approximately 11% if considered together with Olympus Growth Fund
II, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RSM Corporation
I.R.S. #06-1405789
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 46,668
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
46,668
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,668
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1% but approximately 11% if considered together with Olympus Growth
Fund II, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Conroy Corporation.
I.R.S. #06-1405788
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 46,668
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
46,668
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,668
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1% but approximately 11% if considered together with Olympus Growth Fund
II, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LJM Corporation.
I.R.S. #06-1405792
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 46,668
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
46,668
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,668
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1% but approximately 11% if considered together with Olympus Growth Fund
II, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Olympus Growth Fund II, L.P.
I.R.S. #06-1440917
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9% but approximately 11% if considered together with Olympus Executive
Fund, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
OGP II, L.P.
I.R.S. #06-1440917
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9% but approximately 11% if considered together with Olympus Executive
Fund, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RSM, L.L.C.
I.R.S. #06-1464574
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9% but approximately 11% if considered together with Olympus Executive
Fund, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Conroy, L.L.C.
I.R.S. #06-1464575
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9% but approximately 11% if considered together with Olympus Executive
Fund, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LJM, L.L.C.
I.R.S. #06-1464576
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9% but approximately 11% if considered together with Olympus Executive
Fund, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nibur, L.L.C.
I.R.S. #
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.9% but approximately 11% if considered together with Olympus Executive
Fund, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert S. Morris
S.S. ####-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US citizen
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 20,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,666,883
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 20,000
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,666,883
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,686,883
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
approximately 11%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 13 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James A. Conroy
S.S. ####-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US citizen
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,666,883
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,666,883
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,666,883
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
approximately 11%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 14 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Louis J. Mischianti
S.S. ####-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US citizen
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,666,883
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,666,883
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,666,883
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
approximately 11%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 15 of 37
<PAGE>
CUSIP No. 293848-10-7
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul A. Rubin
S.S. ####-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US citizen
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,620,215
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH None
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,620,215
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,620,215
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
approximately 11% (if considered together with Olympus Executive Fund,
L.P.)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 16 of 37
<PAGE>
INTRODUCTORY NOTE: This Statement on Schedule 13G is the initial filing on
Schedule 13G by the Reporting Persons (as defined below) pursuant to Rule
13d-1(d) (the "Schedule 13G"). The Schedule 13G is filed by Olympus Growth Fund
II, L.P., a Delaware limited partnership ("Olympus Growth"), the general partner
of Olympus Growth, OGP II, L.P., a Delaware limited partnership ("OGP"), the
general partners of OGP, RSM, L.L.C., a Delaware limited liability company ("RSM
LLC"), Conroy, L.L.C., a Delaware limited liability company ("Conroy LLC"), LJM,
L.L.C., a Delaware limited liability company ("LJM LLC") and Nibur, L.L.C., a
Delaware limited liability company ("Nibur"), Olympus Executive Fund, L.P., a
Delaware limited partnership ("Olympus Executive"), the general partner of
Olympus Executive, OEF, L.P., a Delaware limited partnership ("OEF"), the
general partners of OEF, RSM Corporation, a Delaware corporation ("RSM"), Conroy
Corporation, a Delaware corporation ("Conroy") and LJM Corporation, a Delaware
corporation ("LJM"), and individuals, Robert S. Morris, the President of RSM and
the Managing Member of RSM LLC ("Morris"), James A. Conroy, the President of
Conroy and the Managing Member of Conroy LLC ("JAConroy"), Louis J. Mischianti,
the President of LJM and the Managing Member of LJM LLC ("Mischianti") and Paul
A. Rubin, the Managing Member of Nibur ("Rubin") (collectively, the "Reporting
Persons").
Item 1(a) Name of Issuer
Entrust Technologies Inc.
Item 1(b) Address of Issuer's Principal Executive Office
2323 North Central Expressway, Richardson, TX 75080
Item 2(a) Name of Person Filing
Olympus Growth Fund II, L.P.
OGP II, L.P.
RSM Corporation
Conroy Corporation
LJM Corporation
Olympus Executive Fund, L.P.
OEF, L.P.
RSM, L.L.C.
Conroy, L.L.C.
LJM, L.L.C.
Nibur, L.L.C.
Robert S. Morris
James A. Conroy
Louis J. Mischianti
Paul A. Rubin
Item 2(b) Address of Principal Business Office
Address of principal business office of each Reporting Person
is:
c/o Olympus Partners, Metro Center, One Station Place,
Stamford, Connecticut 06902.
Page 17 of 37
<PAGE>
Item 2(c) Citizenship
Olympus Growth, OGP, Olympus Executive and OEF are Delaware
limited partnerships; RSM, Conroy and LJM are Delaware
corporations; RSM LLC, Conroy LLC, LJM LLC and Nibur are
Delaware limited liability companies; and Morris, JAConroy,
Mischianti and Rubin are citizens of the United States.
Item 2(d) Title of Class of Securities
Common stock
Item 2(e) CUSIP Number
293848-10-7
Item 3 If this statement is filed pursuant to Rules 13d-1 (b) or
13-2(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 of 1940
(e) [ ] An Investment Adviser in accordance with
13-1(b)(1)(ii)(E)
(f) [ ] An Employee Benefit Plan or Endowment Fund in
accordance with 13d-1(b)(1)(ii)(F)
(g) [ ] A Parent Holding Company or Control Person in
accordance with 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 of 1940
(j) [ ] Group, in accordance with 13d-1(b)(1)(ii)(J)
Item 4 Ownership
As of December 31, 1998, Olympus Growth had the beneficial
ownership of 4,620,215 shares of Common Stock of the Issuer
representing 10.9% of the total outstanding shares of Common
Stock, and Olympus Executive had the beneficial ownership of
46,668 shares of Common Stock of the Issuer representing 0.1%
of the total outstanding shares of Common Stock.
Page 18 of 37
<PAGE>
In aggregate, Olympus Growth and Olympus Executive had the
beneficial ownership of 4,666,883 shares of Common Stock of
the Issuer representing 11% of the total outstanding shares of
Common Stock. OGP, as the general partner of Olympus Growth,
RSM LLC, Conroy LLC, LJM LLC and Nibur, as general partners of
OEF, and Morris, JAConroy, Mischianti and Rubin, as the
Managing Members of RSM LLC, Conroy LLC, LJM LLC and Nibur,
respectively, have shared voting and dispositive power over
the shares held by Olympus Growth and may be deemed to be the
beneficial owners of these shares. OEF, as the general partner
of Olympus Executive, RSM, Conroy and LJM, as general partners
of OEF, and Morris, JAConroy and Mischianti, as Presidents of
RSM, Conroy and LJM, respectively, have shared voting and
dispositive power over the shares held by Olympus Executive
and may be deemed to be the beneficial owners of these shares.
As of December 31, 1998, Morris had the beneficial ownership
of options to acquire 20,000 shares of Common Stock of the
Issuer representing less than 0.1% of the total outstanding
shares of Common Stock. Morris has sole voting and dispositive
power over the options owned by him.
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
Item 9 Notice of Dissolution of Group
Not applicable
Item 10 Certification
Not applicable
Page 19 of 37
<PAGE>
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: February 16, 1999
OLYMPUS EXECUTIVE FUND, L.P.
By: OEF, L.P., its General Partner
By: RSM Corporation, its Managing
General Partner
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: President
Page 20 of 37
<PAGE>
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: February 16, 1999
OEF, L.P.
By: RSM Corporation, its Managing
General Partner
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: President
Page 21 of 37
<PAGE>
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: February 16, 1999
RSM CORPORATION
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: President
Page 22 of 37
<PAGE>
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: February 16, 1999
CONROY CORPORATION
By: /s/ James A. Conroy
-------------------------------
Name: James A. Conroy
Title: President
Page 23 of 37
<PAGE>
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: February 16, 1999
LJM CORPORATION
By: /s/ Louis J. Mischianti
-------------------------------
Name: Louis J. Mischianti
Title: President
Page 24 of 37
<PAGE>
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: February 16, 1999
OLYMPUS GROWTH FUND II, L.P.
By: OGP II, L.P., its General Partner
By: RSM, L.L.C., its General
Partner
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: Managing Member
Page 25 of 37
<PAGE>
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: February 16, 1999
OGP II, L.P.
By: RSM, L.L.C., its General Partner
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: Managing Member
Page 26 of 37
<PAGE>
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: February 16, 1999
RSM, L.L.C.
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: Managing Member
Page 27 of 37
<PAGE>
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: February 16, 1999
CONROY, L.L.C.
By: /s/ James A. Conroy
-------------------------------
Name: James A. Conroy
Title: Managing Member
Page 28 of 37
<PAGE>
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: February 16, 1999
LJM, L.L.C.
By: /s/ Louis J. Mischianti
-------------------------------
Name: Louis J. Mischianti
Title: Managing Member
Page 29 of 37
<PAGE>
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: February 16, 1999
NIBUR, L.L.C.
By: /s/ Paul A. Rubin
-------------------------------
Name: Paul A. Rubin
Title: Managing Member
Page 30 of 37
<PAGE>
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: February 16, 1999
/s/ Robert S. Morris
-------------------------------
Robert S. Morris
Page 31 of 37
<PAGE>
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: February 16, 1999
/s/ James A. Conroy
-------------------------------
James A. Conroy
Page 32 of 37
<PAGE>
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: February 16, 1999
/s/ Louis J. Mischianti
-------------------------------
Louis J. Mischianti
Page 33 of 37
<PAGE>
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: February 16, 1999
/s/ Paul A. Rubin
-------------------------------
Paul A. Rubin
Page 34 of 37
<PAGE>
JOINT FILING AGREEMENT
The undersigned parties hereby agree that the Schedule 13G filed
herewith relating to the Common Stock of Entrust Technologies Inc. is being
filed jointly with the Securities and Exchange Commission pursuant to Rule
13d-1(f) on behalf of each such person.
Dated: February 16, 1999
OLYMPUS EXECUTIVE FUND, L.P.
By: OEF, L.P., its General Partner
By: RSM Corporation, its Managing
General Partner
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: President
OEF, L.P.
By: RSM Corporation, its Managing
General Partner
By: /s/ Robert S. Morris
-------------------------------------
Name: Robert S. Morris
Title: President
RSM CORPORATION
By: /s/ Robert S. Morris
-------------------------------------
Name: Robert S. Morris
Title: President
CONROY CORPORATION
By: /s/ James A. Conroy
-------------------------------------
Name: James A. Conroy
Title: President
LJM CORPORATION
Page 35 of 37
<PAGE>
By: /s/ Louis J. Mischianti
-------------------------------------
Name: Louis J. Mischianti
Title: President
OLYMPUS GROWTH FUND II, L.P.
By: OGP II, L.P., its General Partner
By: RSM, L.L.C., its General
Partner
By: /s/ Robert S. Morris
-------------------------------
Name: Robert S. Morris
Title: Managing Member
OGP II, L.P.
By: RSM, L.L.C., its General Partner
By: /s/ Robert S. Morris
-------------------------------------
Name: Robert S. Morris
Title: Managing Member
RSM, L.L.C.
By: /s/ Robert S. Morris
-------------------------------------
Name: Robert S. Morris
Title: Managing Member
CONROY, L.L.C.
By: /s/ James A. Conroy
-------------------------------------
Name: James A. Conroy
Title: Managing Member
LJM, L.L.C.
By: /s/ Louis J. Mischianti
-------------------------------------
Name: Louis J. Mischianti
Title: Managing Member
NIBUR, L.L.C.
Page 36 of 37
<PAGE>
By: /s/ Paul A. Rubin
-------------------------------------
Name: Paul A. Rubin
Title: Managing Member
/s/ Robert S. Morris
-----------------------------------------
Robert S. Morris
/s/ James A. Conroy
-----------------------------------------
James A. Conroy
/s/ Louis J. Mischianti
-----------------------------------------
Louis J. Mischianti
/s/ Paul A. Rubin
-----------------------------------------
Paul A. Rubin
Page 37 of 37
