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OMB APPROVAL
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OMB Number 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
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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1. Name and Address of Reporting Person*
Giudice, William N.
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(Last) (First) (Middle)
c/o Maker Communications, Inc.
73 Mount Wayte Avenue
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(Street)
Framingham, Massachusetts 01702
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
5/10/99
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Maker Communications, Inc. (MAKR)
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5 Relationship of Reporting Person to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ X ] Officer (give title below) [ ] Other (specify below)
President, Chief Executive Officer
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6. If Amendment, Date of Original (Month/Year)
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<PAGE>
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7. Individual or joint/Group Filing (Check Applicable Line)
__X__ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock 20,866 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v)
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 7. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Security Exer- tion of Derivative (I) Ownership
(Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
Junior Convertible
Preferred Stock Common 725,012 1 for 1 D
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Employee Stock
Option (1) 9/17/2008 Common 510,000 2.75/sh D
(right to buy)
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Junior Convertible By Acadia
Preferred Stock Common 150,00 1 for 1 I 1999 Trust
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Junior Convertible By Piedmont
Preferred Stock Common 150,00 1 for 1 I 1999 Trust
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Class B Convertible By Self as
Preferred Stock Common 53,334 1 for 1 I General
Parter of
Tecumseh
Limited
Partnership
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Class C Convertible For Self as
Preferred Stock Common 38,636 1 for 1 I General
Parter of
Tecumseh
Limited
Partnership
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</TABLE>
Explanation of Responses:
(1) Options granted to executive officers under the 1996 Stock Option Plan are
immediately exercisable but subject to an optional right of repurchase by
Maker at cost pursuant to the vesting schedule of each such grant. These
options, granted on 9/17/98, vest over a five year period with 20% of the
options vesting one year from the date of grant and 5% vesting every
quarter thereafter.
/s/William N. Giudice 5/10/99
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient. See Instruction 6 for procedure.
