UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
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INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
SAGENT TECHNOLOGY, INC.
(NAME OF ISSUER)
Common Stock
(TITLE OF CLASS OF SECURITIES)
786693101
(CUSIP NUMBER)
July 18, 2000
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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)
|X| Rule 13d-1 (c)
|_| Rule 13d-1 (d)
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* 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).
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CUSIP NO. 786693101 13G Page 2 of 8
1. NAME OF REPORTING PERSON, I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY): Michael L. Eichenberg
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION: United States
NUMBER OF SHARES 5. SOLE VOTING POWER: 20,000
BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER: 1,590,900
7. SOLE DISPOSITIVE POWER: 20,000
8. SHARED DISPOSITIVE POWER: 1,590,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,690,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:* |_|
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.65%
12. TYPE OF REPORTING PERSON*: IN
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CUSIP NO. 786693101 13G Page 3 of 8
1. NAME OF REPORTING PERSON, I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY): Altair Energy, Inc., 48-1213934
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Kansas
NUMBER OF SHARES 5. SOLE VOTING POWER: 0
BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER: 830,000
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 830,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 830,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:* |_|
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 2.91%
12. TYPE OF REPORTING PERSON*: CO
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CUSIP NO. 786693101 13G Page 4 of 8
1. NAME OF REPORTING PERSON, I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
(ENTITIES ONLY): Mountain Energy Corporation, 74-2854584
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) |_|
(b) |X|
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Kansas
NUMBER OF SHARES 5. SOLE VOTING POWER: 0
BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH 6. SHARED VOTING POWER: 760,900
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 760,900
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 760,900
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:* |_|
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 2.67%
12. TYPE OF REPORTING PERSON*: CO
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CUSIP NO. 786693101 13G Page 5 of 8
Schedule 13G of Michael L. Eichenberg, Altair Energy, Inc. ("Altair Energy")
and Mountain Energy Corporation ("Mountain Energy") with respect to the
common stock (the "Common Shares") of Sagent Technology, Inc. (the "Company").
ITEM 1 (a) NAME OF ISSUER:
Sagent Technology, Inc.
ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
800 West El Camino Real, Suite 300, Mountain View,
California 94040
ITEM 2 (a) NAME OF PERSON FILING:
Michael L. Eichenberg
Altair Energy
Mountain Energy
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Michael L. Eichenberg
c/o Altair Energy, Inc.
2600 Grand Avenue, Suite 520
Kansas City, Missouri 64108
Altair Energy, Inc.
2600 Grand Avenue, Suite 520
Kansas City, Missouri 64108
Mountain Energy Corporation
2600 Grand Avenue, Suite 520
Kansas City, Missouri 64108
ITEM 2 (c) CITIZENSHIP:
Michael L. Eichenberg is a citizen of the United States.
Altair Energy and Mountain Energy are each corporations
organized under the laws of the state of Kansas.
ITEM 2 (d) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2 (e) CUSIP NUMBER:
786693101
ITEM (3) IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR
13D-2(B) or (C), CHECK WHETHER THE PERSON FILING IS A:
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CUSIP NO. 786693101 13G Page 6 of 8
(a) ( ) Broker or Dealer registered under Section 15 of the
Securities Exchange Act of 1934 (the "Act")
(b) ( ) Bank as defined in Section 3(a)(6) of the Act
(c) ( ) Insurance Company as defined in Section 3(a)(19) of
the Act
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act of 1940
(e) ( ) An investment adviser in accordance with
Rule 13d-1(b)(1)(ii)(E);
(f) ( ) An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g) ( ) A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G);
(h) ( ) A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act;
(i) ( ) A church plan that is excluded from the definition
of an investment company under Section 3(c)(14) of
the Investment Company Act;
(j) ( ) A 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
(a) Amount Beneficially Owned:
1,610,900
(b) Percentage of Class:
5.65% (based on the 28,503,000 Common Shares reported to
be outstanding in the Company's Quarterly Report on Form
10-Q for the quarter ended June 30, 2000).
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 20,000
(ii) shared power to vote or to direct the vote:
1,590,900
(iii) sole power to dispose or to direct the
disposition of : 20,000
(iv) shared power to dispose to direct the
disposition of: 1,590,900
Michael L. Eichenberg is the sole owner of 20,000 Common shares and
beneficial owner of 1,590,900 Common Shares. Altair Energy is the beneficial
owner of 830,000 Common Shares. Mountain Energy is the beneficial owner of
760,900 Common Shares.
Michael L. Eichenberg has the sole power to vote or direct the vote
and the sole power to dispose or direct the disposition of 20,000 Common Stock.
Altair Energy and Mountain Energy each have the power to vote and dispose of
their respective Common Shares, which power may be exercised by Michael L.
Eichenberg, as President of both corporations.
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CUSIP NO. 786693101 13G Page 7 of 8
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
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. CERTIFICATION. (if filing pursuant to Rule 13d-1(c))
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 of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
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CUSIP NO. 786693101 13G Page 8 of 8
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: July 25, 2000
ALTAIR ENERGY, INC.
By: /s/ Michael L. Eichenberg
Michael L. Eichenberg
MOUNTAIN ENERGY CORPORATION
By: /s/ Michael L. Eichenberg
Michael L. Eichenberg
By: /s/ Michael L. Eichenberg
Michael L. Eichenberg
