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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
PC-Tel, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
69325Q 10 5
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(CUSIP Number)
December 31, 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 this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] 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 the
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).
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.
Page 1 of 6 pages
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CUSIP No. 69325Q 10 5 13G
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WK Technology Fund III
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
R.O.C. Taiwan Corporation
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SOLE VOTING POWER
5
NUMBER OF 0 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
958,366 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
958,366 shares
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
958,366 shares
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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
5.8%
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TYPE OF REPORTING PERSON*
12
CO
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Page 2 of 6 pages
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CUSIP No. 69325Q 10 5 13G
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wen-Chang Ko
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
R.O.C. Taiwan
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SOLE VOTING POWER
5
NUMBER OF 0 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,916,666 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,916,666 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,916,666 shares
- ------------------------------------------------------------------------------
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
11.6%
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TYPE OF REPORTING PERSON*
12
IN
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Page 3 of 6 pages
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Item 1.
(a) NAME OF ISSUER: PC-Tel, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1331 California Circle, Milpitas, CA 95035
Item 2.
(a) NAME OF PERSON FILING:
1) WK Technology Fund III
2) Wen-Chang Ko
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
6F, No. 15, Section 2, Ti-Ding Ave.,
Taipei 114, Taiwan R.O.C.
(c) CITIZENSHIP:
1) WK Technology Fund III is a R.O.C. Taiwan Corporation.
2) Wen-Chang Ko is a R.O.C. Taiwan Citizen.
(d) TITLE OF CLASS OF SECURITIES: Common Stock
(e) CUSIP NUMBER: 69325Q 10 5
Item 3. Not applicable.
Item 4.
(a) AMOUNT BENEFICIALLY OWNED:
1) WK Technology Fund III: 958,366 shares
2) Wen-Chang Ko: 1,916,666 shares, which include 555,800 shares held
by WK Technology Fund, 402,500 shares held by WK Technology Fund
II, and 958,366 shares held by WK Technology Fund III. Wen-Chang
Ko is the Chairman of the WK Technology Funds.
(b) PERCENT OF CLASS:
1) WK Technology Fund III: 5.8%
2) Wen-Chang Ko: 11.6%
(c) NUMBER OF SHARES AS TO WHICH THE PERSON HAS:
(i) Sole power to vote or to direct the vote: 0 shares for each
Reporting Person
Page 4 of 6 pages
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(ii) Shared power to vote or to direct the vote:
1) 958,366 shares for WK Technology Fund III
2) 1,916,666 shares for Wen-Chang Ko
(iii) Sole power to dispose or to direct the disposition of: 0 shares
for each Reporting Person
(iv) Shared power to dispose or to direct the disposition of:
1) 958,366 shares for WK Technology Fund III
2) 1,916,666 shares for Wen-Chang Ko
Item 5. 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. Not applicable.
Item 7. Not applicable.
Item 8. Not applicable.
Item 9. Not applicable.
Item 10. Not applicable. This statement on Schedule 13G is not filed pursuant to
Rule 13d-1(b).
Page 5 of 6 pages
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 9, 2000
WK TECHNOLOGY FUND III
By: /s/ Wen-Chang Ko
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___________________________________
Wen-Chang Ko
Page 6 of 6 pages
