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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
1. Name and Address of Reporting Person:
Frederick C. McGee
4786 Sun Valley Rd.
Del Mar, CA 92014
2. Date of Event Requiring Statement: (Month/Day/Year): March 10, 2000
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3. IRS Identification Number of Reporting Person, if an Entity
(Voluntary):
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4. Issuer Name and Ticker or Trading Symbol: TeraGlobal Communications Corp.
TGCC
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5. Relationship of Reporting Person to Issuer (Check all applicable):
Director 10% Owner
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X Officer (give title below) Other (Specify below)
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Chief Financial Officer
6. If Amendment, Date of Original (Month/Day/Year):
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7. Individual or Joint/Group Filing (Check applicable line):
X Form filed by one reporting person
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Form filed by more than one reporting person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title of Security (Instr. 4) 2. Amount of 3. Ownership 4. Name of Indirect
Securities Beneficially Form: Direct Beneficial Ownership (Instr. 5)
(D) or Indirect (I)
(Instr. 5)
<S> <C> <C> <C>
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None
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</TABLE>
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FORM 3 (CONTINUED)
TABLE II: DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS,
CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<TABLE>
<CAPTION>
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1. Title of 2. Date Exercisable and 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature of
Derivative Security Expiration Date Securities Underlying Exercise Price of Form of Indirect
(Instr. 4) (Month/Day/Year) Derivative Security (Instr. 4) Derivative Derivative Beneficial
Security Security: Ownership
Direct (D) or (Instr. 5)
Indirect (I)
(Instr. 5)
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Date Expiration Title Amount or
Exercisable Date Number of
Shares
<S> <C> <C> <C> <C> <C> <C> <C>
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Options to Purchase * 1/10/10 Common Stock 150,000 $7.13 D N/A
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</TABLE>
* Vesting Schedule is as follows:
<TABLE>
<CAPTION>
Number of Shares Vesting Date
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<S> <C>
15,000 April 19, 2000
15,000 July 10, 2000
15,000 January 10, 2001
15,000 July 10, 2001
15,000 January 10, 2002
15,000 July 10, 2002
15,000 January 10, 2003
15,000 July 10, 2003
15,000 January 10, 2004
15,000 July 10, 2004
</TABLE>
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78f(a).
/s/ FREDERICK C. MCGEE March , 2000
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Signature of Reporting Person Date
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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