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UNITED STATES
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) (c),
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Initial Filing)*
THE PATHWAYS GROUP, INC.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
70321D106
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(CUSIP Number)
September 2, 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 the
Schedule is filed.
[ ] Rule 13d-1(b).
[X] Rule 13d-1(c).
[ ] 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 1 of 9 Pages
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CUSIP NO. 70321D106 13G Page 2 of 9 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Jolson Merchant Partners LLC, 94-3326326
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)[X]
(b)[ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
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5. SOLE VOTING POWER
852,000
NUMBER OF ---- ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ---- ------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 852,000
PERSON ---- ------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
852,000
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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
5.9%
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12. TYPE OF REPORTING PERSON
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 2 of 9 Pages
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CUSIP NO. 70321D106 13G Page 3 of 9 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph A. Jolson 1991 Trust, ###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)[X]
(b)[ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
California
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5. SOLE VOTING POWER
100,000
NUMBER OF ---- ------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ---- ------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 100,000
PERSON ---- ------------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000
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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
0.7%
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12. TYPE OF REPORTING PERSON
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT
Page 3 of 9 Pages
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CUSIP NO. 70321D106 13G Page 4 of 9 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph A. Jolson
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)[X]
(b)[ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
United States Citizen
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5. SOLE VOTING POWER
NUMBER OF 952,000
SHARES ---- ------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY None
EACH ---- ------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 952,000
WITH ---- ------------------------------------------------------
8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
952,000
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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
6.6%
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12. TYPE OF REPORTING PERSON
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT*
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ITEM 1.
(a) NAME OF ISSUER:
THE PATHWAYS GROUP, INC.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
14201 N.E. 200th Street
Woodinville, WA 98072
ITEM 2(a) NAME OF PERSON FILING:
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
ITEM 2(c) CITIZENSHIP:
Jolson Merchant Partners LLC
One Embarcadero Center
Suite 2150
San Francisco, California 94111
(Delaware Limited Liability Company)
Joseph A. Jolson 1991 Trust
One Embarcadero Center
Suite 2150
San Francisco, California 94111
(California Trust)
Joseph A. Jolson
One Embarcadero Center
Suite 2150
San Francisco, California 94111
(United States Citizen)
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share
(e) CUSIP NUMBER:
70321D106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 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 Exchange
Act (15 U.S.C. 78o);
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act (15
U.S.C. 78c);
(c) [ ] Insurance company as defined in section 3(a)(19) of
the Exchange Act (15 U.S.C. 78c);
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8);
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(e) [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)
(E);
(f) [ ] Employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] Parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G) (Note: See Item 7);
(h) [ ] A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(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 1949 (15 U.S.C. 80a-3);
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d(1)(c), check this box. [X]
ITEM 4. OWNERSHIP:
JOLSON MERCHANT PARTNERS LLC
(a) AMOUNT BENEFICIALLY OWNED:
852,000
(b) PERCENT OF CLASS:
5.9%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote: 852,000
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 852,000
(iv) Shared power to dispose or to direct the disposition of: 0
JOSEPH A. JOLSON 1991 TRUST
(a) AMOUNT BENEFICIALLY OWNED:
100,000
(b) PERCENT OF CLASS:
0.7%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote: 100,000
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 100,000
(iv) Shared power to dispose or to direct the disposition of: 0
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JOSEPH A. JOLSON
(a) AMOUNT BENEFICIALLY OWNED:
952,000
(b) PERCENT OF CLASS:
6.6%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote: 952,000
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 952,000
(iv) Shared power to dispose or to direct the
disposition of: 0
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:
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. CERTIFICATIONS:
(b) Because this statement is filed pursuant to Rule 13d-1(c), the
following certification is included:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired
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and are not held in connection with or as a participant in any
transaction having that purpose or effect.
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.
Dated: September 27, 1999
JOLSON MERCHANT PARTNERS LLC
By: /s/ Joseph A. Jolson
---------------------------------
Joseph A. Jolson
Member
JOSEPH A. JOLSON 1991 TRUST
By: /s/ Joseph A. Jolson
---------------------------------
Joseph A. Jolson
Trustee for the Benefit of the
Joseph A. Jolson 1991 Trust
JOSEPH A. JOLSON
By: /s/ Joseph A. Jolson
---------------------------------
Joseph A. Jolson
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
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EXHIBIT
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned agree to the joint filing on behalf of each of
them of a statement on Schedule 13G (including amendments thereto) with respect
to the common stock of The Pathways Group, Inc. and further agree that this
agreement be included as an exhibit to such filing. Each party to the agreement
expressly authorizes each other party to file on its behalf any and all
amendments to such statement. Each party to this agreement agrees that this
joint filing agreement may be signed in counterparts.
In evidence whereof, the undersigned have caused this Agreement to be
executed on their behalf this 27th day of September, 1999.
JOLSON MERCHANT PARTNERS LLC
By: /s/ Joseph A. Jolson
---------------------------------
Joseph A. Jolson
Member
JOSEPH A. JOLSON 1991 TRUST
By: /s/ Joseph A. Jolson
---------------------------------
Joseph A. Jolson
Trustee for the Benefit of the
Joseph A. Jolson 1991 Trust
JOSEPH A. JOLSON
By: /s/ Joseph A. Jolson
---------------------------------
Joseph A. Jolson
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