UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
LifeMinders.com, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
53219 H 10 8
----------------
(CUSIP Number)
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)
Check the following box if a fee is being paid with this statement |_|. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 2 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ABS Ventures IV, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5. SOLE VOTING POWER
SHARES None
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
None
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,964,632 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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-2-
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 3 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ABX Fund, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
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3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES None
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
None
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,964,632 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
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-3-
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 4 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ABS Ventures LM L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES None
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
None
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,964,632 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
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-4-
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 5 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Calvert Capital L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES None
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
None
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,964,632 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
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-5-
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 6 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Calvert Capital II L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES None
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
None
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,964,632 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
-6-
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 7 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bruns H. Grayson
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
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3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES None
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
None
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,964,632 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
-7-
<PAGE>
CUSIP No. 53219 H 10 8 13G Page 8 of 13 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Philip D. Black
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /_/
(b) /_/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 12,500
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
EACH -----------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
REPORTING
12,500
PERSON -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,964,632 shares of Common Stock (includes shares held by
affiliates included in this joint filing
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,977,132 shares of Common Stock (includes shares held by affiliates
included in this joint filing)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/_/
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.8%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
-8-
<PAGE>
This Schedule 13-G reflects a statement of beneficial
ownership of securities of the reporting person as of December 31, 1999.
Item 1(a) Name of Issuer:
--------------
Lifeminders.com, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1110 Herndon Pkwy.
Herndon, VA 20170
Item 2(a) Name of Person Filing:
---------------------
This Statement is filed by ABS Ventures IV, L.P., ABX Fund,
L.P., ABS Ventures LM L.L.C., Calvert Capital L.L.C., Calvert
Capital II L.L.C., Bruns H. Grayson and Philip D. Black, who
are sometimes collectively referred to as the "Reporting
Persons."
Item 2(b) Address of Principal Business Office,
or if none, Residence:
-------------------------------------
The address of the principal office of each of the Reporting
Persons is c/o ABS Ventures, 1 South Street, Suite 2150,
Baltimore, Maryland 21202-3220.
Item 2(c) Citizenship:
-----------
See Item 4 of the cover pages attached hereto for each
Reporting Person.
Item 2(d) Title of Class of Securities:
----------------------------
Common Stock, par value $.01
Item 2(e) CUSIP Number:
------------
53219 H 10 8
Item 3 Identity of Reporting Person
----------------------------
Not Applicable
-9-
<PAGE>
Item 4 Ownership:
----------
The following information with respect to ownership of the
Common Stock of the Company by the persons filing this
Statement is provided as of December 31, 1999, the last day of
the year covered by this Statement.
(a) Amount beneficially owned:
See Row 9 of the cover page attached hereto for each
Reporting Person.
(b) Percent of Class:
See Item 11 of the cover page attached hereto for
each Reporting Person.
(c) Number of Shares Beneficially Owned as to which such
person has:
-----------------------------------------------------
(i) Sole power to vote or to direct the vote:
See Row 5 of the cover page for each
Reporting Person and the response to Item
4(c)(ii) below.
(ii) Shared power to vote or to direct the vote:
See Row 6 of the cover page for each
Reporting Person.
Each of the Reporting Persons may be deemed
to have shared power to vote and shared
power to dispose of an aggregate of
2,964,632 shares owned by the Reporting
Persons taken together as a whole since
Calvert Capital L.L.C. is the general
partner of ABS Ventures IV, L.P., and
Calvert Capital II L.L.C. is the general
partner of ABX Fund, L.P. and Managing
Member of ABS Ventures LM L.L.C. Each of
Calvert Capital L.L.C. and Calvert Capital
II L.L.C. are under the common control of
their respective Managers, Bruns H. Grayson
and Philip D. Black. In addition, Mr. Black
is the holder of an additional 12,500 shares
of Common Stock. The shares covered by this
Report are held of record as follows:
Name Shares
--------------------------- -----------
ABS Ventures IV, L.P. 938,451
ABX Fund, L.P. 282,166
ABS Ventures LM L.L.C. 1,744,015
Calvert Capital L.L.C. 0
Calvert Capital II L.L.C. 0
Bruns H. Grayson 0
Philip D. Black 12,500
-10-
<PAGE>
In accordance with Rule 13d-4 under the Act,
each of the Reporting Persons hereby
declares that this Report shall not be
construed to be an admission that each such
Reporting Person is, for purposes of Section
13(d) or 13(g) of the Act, the beneficial
owner of any of the shares of Common Stock
covered by this Report other than those held
in his or its name.
(iii) Sole power to dispose or direct the
disposition of:
See Row 7 of the cover page attached hereto
for each of the Reporting Persons and the
response to Item 4(c)(ii) above.
(iv) Shared power to dispose or direct the
disposition of:
See Row 8 of the cover page attached hereto
for each of the Reporting Persons and the
response to Item 4(c)(ii) above.
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:
-------------
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.
-11-
<PAGE>
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.
February 14, 2000
ABS VENTURES IV, L.P.
By: Calvert Capital L.L.C.
General Partner
By:/s/ Bruns H. Grayson
-------------------------------
Bruns H. Grayson
Manager
ABX FUND, L.P.
By: Calvert Capital II L.L.C.
General Partner
By:/s/ Bruns H. Grayson
-------------------------------
Bruns H. Grayson
Manager
ABS VENTURES LM L.L.C.
By: Calvert Capital II L.L.C.
By:/s/ Bruns H. Grayson
-------------------------------
Bruns H. Grayson
Manager
-12-
<PAGE>
CALVERT CAPITAL L.L.C.
By:/s/ Bruns H. Grayson
-------------------------------
Bruns H. Grayson
Manager
CALVERT CAPITAL II L.L.C.
By:/s/ Bruns H. Grayson
-------------------------------
Bruns H. Grayson
Manager
/s/ Bruns H. Grayson
----------------------------------
Bruns H. Grayson
/s/ Philip D. Black
----------------------------------
Philip D. Black
-13-
