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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2
(Amendment No. _____)/1/
Cyberian Outpost, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
231914 10 2
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(CUSIP Number)
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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 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 1 of 9 Pages
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CUSIP NO. 231914 10 2 13G Page 2 of 9 Pages
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NAMES OF REPORTING PERSON
PRIMUS CAPITAL FUND IV LIMITED PARTNERSHIP
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,440,000 (See Item 4)
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,440,000 (See Item 4)
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,440,000 (See Item 4)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
6.4%
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TYPE OF REPORTING PERSON*
12
PN
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 231914 10 2 13G Page 3 of 9 Pages
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NAMES OF REPORTING PERSON
PRIMUS VENTURE PARTNERS IV LIMITED PARTNERSHIP
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,500,000 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,500,000 (See Item 4)
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,500,000 (See Item 4)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
6.7%
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TYPE OF REPORTING PERSON*
12
PN
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 231914 10 2 13G Page 4 of 9 Pages
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NAMES OF REPORTING PERSON
PRIMUS VENTURE PARTNERS IV, INC.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,500,000 (See Item 4)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,500,000 (See Item 4)
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,500,000 (See Item 4)
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
6.7%
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TYPE OF REPORTING PERSON*
12
CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 231914 10 2 13G Page 5 of 9 Pages
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SCHEDULE 13G
Item 1(a). Name of Issuer:
Cyberian Outpost, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
27 N. Main Street
Kent, Connecticut 06757
Item 2(a). Name of Person Filing:
This Schedule 13G is being jointly filed by each of the
following persons pursuant to Rule 13d-(1)(f) promulgated by the
Securities and Exchange Commission pursuant to Section 13 of the
Securities Exchange Act of 1934, as amended (the "Act"): (i)
Primus Capital Fund IV Limited Partnership ("PCF IV"), a Delaware
limited partnership, by virtue of its direct beneficial ownership
of 1,440,000 shares of common stock, par value $.01 per share
(the "Common Stock"), of Cyberian Outpost, Inc., a Connecticut
corporation (the "Company"); (ii) Primus Venture Partners IV
Limited Partnership ("PVP LP"), a Delaware limited partnership,
as the sole general partner of PCF IV; and (iii) Primus Venture
Partners IV, Inc. ("PVP Inc."), a Delaware corporation, as the
sole general partner of PVP LP. PCF IV, PVP LP and PVP Inc. are
hereinafter collectively referred to as the "Reporting Persons."
The Reporting Persons have entered into a Joint Filing Agreement,
dated February 9, 1999, a copy of which is filed with this
Schedule 13G as Exhibit A, pursuant to which the Reporting
Persons have agreed to file this statement jointly in accordance
with the provisions of Rule 13d-1(f)(1) under the Act. The
Reporting Persons may be deemed to constitute a "group" for
purposes of Section 13(d)(3) of the Act as a result of the
relationships among such Reporting Persons described in this
Schedule 13G. The Reporting Persons expressly disclaim that they
have agreed to act as a group other than as described in this
Schedule 13G.
Item 2(b). Address of Principal Business Office or, if none, Residence:
The address of the principal business office of each of the
Reporting Persons is c/o Primus Venture Partners, 5900
Landerbrook Drive, Suite 200, Mayfield Heights, OH 44124.
Item 2(c). Citizenship:
Each of PCF IV and PVP LP are limited partnerships organized
under the laws of the State of Delaware and PVP Inc. is a
corporation organized under the laws of the State of Delaware.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share.
Item 2(e). CUSIP No.:
231914 10 2
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CUSIP NO. 231914 10 2 13G Page 6 of 9 Pages
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Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-
2(b), check whether the person filing is a:
Not Applicable.
Item 4. Ownership:
(a)-(c). Each Reporting Person named in response to Item 2 hereof
has, as of December 31, 1998, shared power to vote or to direct
the vote and shared power to dispose or to direct the disposition
of the Common Stock as follows:
Primus Capital Fund IV Limited Partnership. PCF IV has the
shared power to vote and to dispose of 1,440,000 shares of Common
Stock currently held by PCF IV, constituting approximately 6.4%
of the outstanding Common Stock.
Primus Venture Partners IV Limited Partnership. PVP LP, as the
sole general partner of PCF IV, may be deemed to have the shared
power to vote and to dispose of 1,440,000 shares of Common Stock
currently held by PCF IV. In addition, PVP LP is also the sole
general partner of Primus Executive Fund Limited Partnership
("PEF") and, in such capacity, may be deemed to have shared power
to vote and dispose of the 60,000 shares of Common Stock
currently held by PEF. In total, PVP LP may be deemed to have the
shared power to vote and dispose of approximately 6.7% of the
outstanding Common Stock. The filing of this Schedule 13G by PVP
LP shall not be considered an admission that PVP LP is, for the
purpose of Section 13(g) of the Exchange Act, the beneficial
owner of such shares held by PCF IV or PEF.
Primus Venture Partners IV, Inc. PVP Inc., as the sole general
partner of PVP LP, may be deemed to have the shared power to vote
and to dispose of 1,440,000 shares of Common Stock currently held
by PCF IV and the 60,000 shares of Common Stock currently held by
PEF. In total, PVP Inc. may be deemed to have the shared power to
vote and dispose of approximately 6.7% of the outstanding Common
Stock. The filing of this Schedule 13G by PVP Inc. shall not be
considered an admission that PVP Inc. is, for the purpose of
Section 13(g) of the Exchange Act, the beneficial owner of such
shares held by PCF IV or PEF.
PVP Inc. has six shareholders and directors, Loyal W. Wilson,
James T. Bartlett, Kevin J. McGinty, William C. Mulligan,
Jonathan E. Dick and Steven Rothman.
Pursuant to Rule 13d-5(b)(1) under the Exchange Act, the
Reporting Persons may be deemed as a group to have beneficial
ownership of 1,500,000 shares of Common Stock, the aggregate
number of shares of Common Stock held by the Reporting Persons,
representing approximately 6.7% of the outstanding Common Stock
as of December 31, 1998. Except as otherwise specifically noted,
all of the percentages calculated in this Schedule 13G are based
upon an aggregate of 22,554,339 shares of Common Stock
outstanding on or about December 31, 1998, as disclosed in the
Company's last filed 10Q. Each Reporting Person expressly
disclaims beneficial ownership of any shares of Common Stock
beneficially owned by each other Reporting Person.
Item 5. Ownership of Five Percent or Less of a Class:
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CUSIP NO. 231914 10 2 13G Page 7 of 9 Pages
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If this statement is being filed to report the fact that as of
the date hereof each of the Reporting Persons 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:
No person other than the persons named in Item 4 have the right
to receive or the power to direct the receipt of dividends from,
or the proceeds from the sale of the shares of Common Stock.
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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CUSIP NO. 231914 10 2 13G Page 8 of 9 Pages
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: February 9, 1999
PRIMUS CAPITAL FUND IV LIMITED
PARTNERSHIP
By: Primus Venture Partners IV Limited
Partnership
Its: General Partner
By: Primus Venture Partners IV, Inc.
Its: General Partner
By: /s/ Loyal W. Wilson
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Its: President
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PRIMUS VENTURE PARTNERS IV
LIMITED PARTNERSHIP
By: Primus Venture Partners IV, Inc.
Its: General Partner
By: /s/ Loyal W. Wilson
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Its: President
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PRIMUS VENTURE PARTNERS IV, INC.
By: /s/ Loyal W. Wilson
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Its: President
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CUSIP NO. 231914 10 2 13G Page 9 of 9 Pages
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Exhibit A
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AGREEMENT REGARDING THE JOINT FILING OF
SCHEDULE 13G
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The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule 13G to
which this Exhibit is attached, and such Schedule 13G is filed on behalf of each
of them; and
(ii) Each of them is responsible for the timely filing of such
Schedule 13G and any amendments thereto, and for the completeness and accuracy
of the information concerning such person contained therein; but none of them is
responsible for the completeness or accuracy of the information concerning the
other persons making the filing, unless such person knows or has reason to
believe that such information is inaccurate.
Date: February 9, 1999 PRIMUS CAPITAL FUND IV LIMITED
PARTNERSHIP
By: Primus Venture Partners IV Limited
Partnership
Its: General Partner
By: Primus Venture Partners IV, Inc.
Its: General Partner
By: /s/ Loyal W. Wilson
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Its: President
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PRIMUS VENTURE PARTNERS IV
LIMITED PARTNERSHIP
By: Primus Venture Partners IV, Inc.
Its: General Partner
By: /s/ Loyal W. Wilson
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Its: President
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PRIMUS VENTURE PARTNERS IV, INC.
By: /s/ Loyal W. Wilson
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Its: President
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