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FORM 3 OMB APPROVAL
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OMB Number:..........3235-0104
Expires:.....December 31, 2001
Estimated average burden
hours per response ........0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Statement Trading Symbol of Original
Sierra Venture Associates V. LP (Month/Day/Year) (Month/Day/Year)
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(Last) (First) (Middle) August 8, 2000
---------------------------- 5. Relationship of Reporting -----------------------
3000 Sand Hill Road, Building 4, 3. IRS or Social Security Person(s) to Issuer 7. Individual or Joint/
Suite 210 Number of Reporting (Check all applicable) Group Filing (Check
---------------------------------------- Person (Voluntary) Director X 10% Owner applicable line)
(Street) ----- ----- Form filed by
Menlo Park, CA 94025 ---------------------------- Officer Other ----- One Reporting
-------------------------------------- ----- (give ----- (specify Person
(City) (State) (Zip) title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If this form is filed by more than one Reporting Person, see Instruction 5(b)(v).
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.
SEC 1473 (3-99)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deriv- ative
ative Security:
Security Direct
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Date Expira- Amount or Indirect(I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Series A Convertible Preferred
Stock Immed. Common Stock 7,500,000 1 to 1 I Held by Sierra V (1)
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Series B Convertible Preferred
Stock Immed. Common Stock 800,000 1 to 1 I Held by Sierra V (1)
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Series C Convertible Preferred
Stock Immed. Common Stock 291,484 1 to 1 I Held by Sierra V (1)
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Explanation of Responses:
(1) Sierra Venture Associates V, LP is the General Partner of Sierra
Ventures V, LP ("Sierra V") and disclaims beneficial ownership
of the shares held by Sierra V, except to the extent of any indirect
pecuniary interest in its distributive share therein.
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** Intentional misstatements or omissions of facts constitute /s/ Martha A. Clarke Adamson 9/11/00
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. ----------------------------------- --------------
78ff(a) **Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
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 number.
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SEC 1473 (3-99)
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