UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Audible, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
05069A104
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
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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)
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Page 1 of 9 Pages
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CUSIP No. 05069A104 Schedule 13G Page 9 of 9 Pages
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1 NAME OF REPORTING PERSON:
AT&T Venture Fund II, L.P.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
- -------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) |X|
- -------- -----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
----- ----------------------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF SHARES
BENEFICIALLY 1,392,202
OWNED BY
----- ----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH
----- ----------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,392,202
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,392,202
- -------- -----------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------- -----------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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1 NAME OF REPORTING PERSON:
Neal Douglas
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
- -------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) |X|
- -------- -----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5 SOLE VOTING POWER
----- ----------------------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF SHARES
BENEFICIALLY 1,546,891
OWNED BY
----- ----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH
----- ----------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,546,891
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- -------- -----------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,546,891
- -------- -----------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------- -----------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
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12 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------------------------------------------
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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1 NAME OF REPORTING PERSON:
Richard Bodman
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
- -------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) |X|
- -------- -----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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- --------------------- ----- ----------------------------------------------------------------------------------------
5 SOLE VOTING POWER
----- ----------------------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF SHARES
BENEFICIALLY 1,546,891
OWNED BY
----- ----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH
----- ----------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,546,891
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,546,891
- -------- -----------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------- -----------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
- -------- -----------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------- -----------------------------------------------------------------------------------------------------------
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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1 NAME OF REPORTING PERSON:
Brad Burnham
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
- -------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) |X|
- -------- -----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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- --------------------- ----- ----------------------------------------------------------------------------------------
5 SOLE VOTING POWER
----- ----------------------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF SHARES
BENEFICIALLY 1,546,891
OWNED BY
----- ----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH
----- ----------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,546,891
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- -------- -----------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,546,891
- -------- -----------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------- -----------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
- -------- -----------------------------------------------------------------------------------------------------------
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
Audible, Inc.
(b) Address of Issuer's Principal Executive Offices
65 Willowbrook Boulevard
Wayne, N.J. 07470
Item 2.
(a) Name of Person Filing
The persons listed on Exhibit A
(b) Address of Principal Business Office or, if none, Residence
c/o AT&T Ventures
295 North Maple Avenue
Room 3354A2
Basking Ridge, NJ 07920
(c) Citizenship
AT&T Venture Fund II is a limited partnerships organized in the State of Delaware. Neal
Douglas, Richard Bodman and Brad Burnham are citizens of the United States of America.
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
05069A104
Item 3.* If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person
filing is a:
Not applicable
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities
of the issuer identified in Item 1.
(a) Amount of beneficially owned: **
(b) Percent of class: **
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote. **
(ii) Shared power to vote or to direct the vote. **
(iii) Sole power to dispose or to direct the disposition of. **
(iv) Shared power to dispose or to direct the disposition of. **
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** Lines 5-11 of pages 2-5 of this Schedule are incorporated herein by
reference and show, respectively, the ownership of each reporting person.
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As of December 31, 1999, AT&T Venture Fund II, LP owned 1,392,202 shares
of Audible, Inc. common stock. The general partner of AT&T Venture Fund II, LP
is Venture Management LLC. Messrs. Douglas, Bodman and Burnham are the managers
of Venture Management LLC and, as a result, may be deemed to share the power to
vote and dispose of the shares held by AT&T Venture Fund II, LP. Each reporting
person disclaims beneficial ownership of shares owned by the partnerships,
except to the extent of their interest in the partnerships.
As of December 31, 1999, Venture Fund I, LP owned 154,689 shares of
Audible, Inc. common stock. The general partner of Venture Fund I, LP is
Venture Management I. Messrs. Douglas, Bodman and Burnham are the general
partners of Venture Management I and, as a result, m ay be deemed to share the
power to vote and dispose of the shares held by Venture Fund I, LP.
Subsequent to December 31, 1999, both AT&T Venture Fund II and Venture
Fund I made pro-rata distributions of a ll of their holdings of Audible, Inc.
common stock to their general and limited partners.
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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
Not applicable.
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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.
The parties agree that this statement is filed on behalf of each of
them.
Dated: February 11, 2000
AT&T VENTURE FUND II, L.P.
BY: Venture Management LLC,
its General Partner
By: /s/ Brad Burnham
-----------------------------
Name: Brad Burnham
Title: Manager
/s/ Neal Douglas
--------------------------------
Neal Douglas
/s/ Richard Bodman
--------------------------------
Richard Bodman
/s/ Brad Burnham
--------------------------------
Brad Burnham
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EXHIBIT A
AGREEMENT FOR JOINT FILING OF SCHEDULE 13G
THE UNDERSIGNED PERSONS agree to file with the Securities and Exchange
Commission a joint Schedule 13G on behalf of each of the undersigned with
respect to their ownership of shares of Common Stock of Audible, Inc.
AT&T VENTURE FUND II, L.P.
BY: Venture Management LLC,
Its General Partner
By:/s/ Brad Burnham
--------------------------
Name: Brad Burnham
Title: Manager
/s/ Neal Douglas
--------------------------------
Neal Douglas
/s/ Richard Bodman
--------------------------------
Richard Bodman
/s/ Brad Burnham
--------------------------------
Brad Burnham
