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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(AMENDMENT NO. ___)(1)
COMPUTER LITERACY, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
20520N 10 8
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(CUSIP Number)
Check the following box if a fee is being paid with the statement / /.
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
(Continued on following pages)
(Page 1 of 9 Pages)
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(1) 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).
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CUSIP NO. 20520N 10 8 13G Page 2 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SIERRA VENTURES V, A CALIFORNIA LIMITED PARTNERSHIP ("SIERRA V")
94-3222153
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) X
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA LIMITED PARTNERSHIP
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5 SOLE VOTING POWER -0-
NUMBER OF ---------------------------------------------------
SHARES 6 SHARED VOTING POWER 2,688,145
BENEFICIALLY
OWNED BY ---------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH ---------------------------------------------------
8 SHARED DISPOSITIVE POWER 2,688,145
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 2,688,145
REPORTING PERSON
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) / /
EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 24.1%
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12 TYPE OF REPORTING PERSON* PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 20520N 10 8 13G Page 3 of 9 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
SV ASSOCIATES V, L.P. , A CALIFORNIA LIMITED PARTNERSHIP ("SV
ASSOCIATES")
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) X
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA LIMITED PARTNERSHIP
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5 SOLE VOTING POWER -0-
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6 SHARED VOTING POWER
NUMBER OF 2,688,145 SHARES DIRECTLY OWNED BY
SHARES SIERRA V. SV ASSOCIATES IS THE GENERAL
BENEFICIALLY PARTNER OF SIERRA V.
OWNED BY ---------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,688,145 SHARES DIRECTLY OWNED BY
SIERRA V. SV ASSOCIATES IS THE GENERAL
PARTNER OF SIERRA V.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 2,688,145
REPORTING PERSON
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) / /
EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 24.1%
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12 TYPE OF REPORTING PERSON* PN
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Page 4 of 9 Pages
ITEM 1(A). NAME OF ISSUER
Computer Literacy, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
1308 Orleans Drive
Sunnyvale, CA 94089
ITEM 2(A)-(C). NAME, ADDRESS AND CITIZENSHIP OF PERSONS FILING
This statement is being filed by SV Associates V, L.P., a California
limited partnership ("SV Associates") whose principal business address is 3000
Sand Hill Road, Building Four, Suite 210, Menlo Park, California 94025. SV
Associates is general partner to Sierra Ventures V, a California Limited
Partnership ("Sierra V"). With respect to SV Associates, this statement relates
only to SV Associates' indirect, beneficial ownership of shares of Common Stock
of Computer Literacy, Inc. (the "Shares"). The Shares are held directly by
Sierra V, and SV Associates does not directly or otherwise hold any Shares.
Management of the business affairs of SV Associates, including decisions
respecting disposition and/or voting of the Shares, is by majority decision of
the general partners of SV Associates listed on Exhibit B hereto. Each
individual general partner disclaims beneficial ownership of the Shares.
ITEM 2(D) AND (E). TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER
Common Stock
CUSIP # 20520N 10 8
ITEM 3. NOT APPLICABLE
ITEM 4. OWNERSHIP
Please see Rows 5-11 of cover pages.
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.
Under certain circumstances set forth in the limited partnership
agreements of Sierra V and SV Associates, the general and limited
partners of such entities may have the right to receive dividends
from, or the proceeds from the sale of shares of Common Stock of
Computer Literacy, Inc. held by such entity. No such partner's
rights relate to more than five percent of the class.
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Page 5 of 9 Pages
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.
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Page 6 of 9 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that that information set forth in this statement is true, complete and
correct.
Date: February 11, 1999
SV ASSOCIATES V, L.P.
By: /s/ Peter C. Wendell
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Peter C. Wendell
General Partner
SIERRA VENTURES V., A
CALIFORNIA LIMITED
PARTNERSHIP
By SV Associates V, L.P., its
General Partner
By: /s/ Peter C. Wendell
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Peter C. Wendell
General Partner
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Page 7 of 9 Pages
EXHIBIT INDEX
<TABLE>
<CAPTION>
Found on
Sequentially
Exhibit Numbered Page
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<S> <C>
Exhibit A: Agreement of Joint Filing 8
Exhibit B: List of General Partners of SV Associates V, L.P. 9
</TABLE>
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Page 8 of 9 Pages
EXHIBIT A
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AGREEMENT OF JOINT FILING
The undersigned hereby agree that they are filing jointly pursuant to
Rule 13d-1 of the Act the statement dated February 11, 1999, containing the
information required by Schedule 13G, for the Shares of the Common Stock of
Computer Literacy, Inc. held by Sierra Ventures V, a California Limited
Partnership.
Date: February 11, 1999
SV ASSOCIATES V, L.P.
By: /s/ Peter C. Wendell
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Peter C. Wendell
General Partner
SIERRA VENTURES V., A
CALIFORNIA LIMITED
PARTNERSHIP
By SV Associates V, L.P., its
General Partner
By: /s/ Peter C. Wendell
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Peter C. Wendell
General Partner
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Page 9 of 9 Pages
EXHIBIT B
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GENERAL PARTNERS OF SV ASSOCIATES V, L.P.
Set forth below, with respect to each general partners of SV Associates
V, L.P. is the following: (a) name; (b) business address and (c) citizenship.
1. (a) Peter C. Wendell
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
2. (a) Jeffrey M. Drazan
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
3. (a) Petri Vainio
(b) c/o Sierra Ventures
3000 Sand Hill Road
Building Four, Suite 210
Menlo Park, CA 94025
(c) United States Citizen
