<PAGE>
United States
Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
(Amendment No. ________)*
Under the Securities Exchange Act of 1934
SonicWALL, Inc.
----------------------------------
(Name of Issuer)
Common Stock
----------------------------------
(Title of Class of Securities)
835470 10 5
----------------------------------
(CUSIP Number)
December 31, 1999
------------------------------------------------------------------
(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)
[_] 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).
Page 1 of 15 pages
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CUSIP NO. 835470 10 5 Page 2 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Bay Partners SBIC II, L.P.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,301,400
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,301,400
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,301,400
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9.75%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
PN
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 3 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Bay Management Company 1997, LLC
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,301,400
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,301,400
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,301,400
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9.75%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
CO
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 4 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Bay Sonic Investors, LLC
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,232,364
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,232,364
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,232,364
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9.46%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
CO
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 5 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Freidenrich Family Partnership
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 421,514
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,533,764
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 421,514
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,533,764
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,955,278
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
20.99%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
PN
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 6 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
John Freidenrich
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 3,950
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,533,764
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 3,950
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,533,764
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,537,714
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
19.22%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
PN
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 7 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Neal Dempsey
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 3,950
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,533,764
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 3,950
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,533,764
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,537,714
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
19.22%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
PN
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 8 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Marcella Yano
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 500
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,533,764
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 500
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,533,764
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,534,264
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
19.21%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 9 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Robert M. Williams
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 28,768
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,533,764
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 28,768
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,533,764
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,562,532
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
19.33%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
<PAGE>
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CUSIP NO. 835470 10 5 Page 10 of 15 Pages
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
James Wickett
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [x]
(b) [ ]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 1,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,533,764
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,533,764
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,534,764
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
19.21%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
<PAGE>
Item 1.
(a) Name of Issuer: SonicWALL, Inc. ("Issuer")
(b) Address of Issuer's Principal Executive Offices:
1160 Bordeaux Drive
Sunnyvale, CA 94089
Item 2.
(a) Name of Person Filing:
Bay Partners SBIC II, L.P. ("BPSBIC II")
Bay Management Company 1997, LLC ("BMC 1997")
Bay Sonic Investors, LLC ("BSI")
Freidenrich Family Partnership ("FFP")
Dempsey Family Partnership ("DFP")
John Freidenrich ("JF")
Neal Dempsey ("ND")
Marcella Yano ("MY")
Robert M. Williams ("RMW")
James Wickett ("JW")
(b) Address of Principal Business Office:
10600 N. DeAnza Boulevard
Cupertino, CA 95014
(c) Citizenship/Place of Organization:
Entities: BPSBIC II - California
BMC 1997 - California
BSI - California
Individuals: FFP - United States
DFP - United States
JF - United States
ND - United States
MY - United States
RMW - United States
JW - United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 835470 10 5
Item 3. Not applicable.
Page 11 of 15 pages
<PAGE>
Item 4 Ownership.
<TABLE>
<CAPTION>
BPSBIC II BMC 1997 BSI FFP DFP JF ND MTY
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
(a) Beneficial Ownership 2,301,400 2,301,400 2,232,364 4,955,278 4,562,532 4,537,714 4,537,714 4,534,264
- ------------------------------------------------------------------------------------------------------------------------------------
(b) Percentage of Class 9.75% 9.75% 9.46% 20.99% 19.33% 19.22% 19.22% 19.21%
- ------------------------------------------------------------------------------------------------------------------------------------
(c) Sole Voting Power 2,301,400 2,301,400 2,232,364 421,514 28,768 3,950 3,950 500
- ------------------------------------------------------------------------------------------------------------------------------------
Shared Voting Power -0- -0- -0- 4,533,764 4,533,764 4,533,764 4,533,764 4,533,764
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Dispositive 326,400 326,400 -0- 421,514 28,768 3,950 3,950 500
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Shared Dispositive -0- -0- -0- 4,533,764 4,533,764 4,537,714 4,537,714 4,534,264
Power
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
RMW JW
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
(a) Beneficial Ownership 4,562,532 4,562,532
- ------------------------------------------------------------------------------------------------------------------------------------
(b) Percentage of Class 19.33 19.21
- ------------------------------------------------------------------------------------------------------------------------------------
(c) Sole Voting Power 28,768 1,000
- ------------------------------------------------------------------------------------------------------------------------------------
Shared Voting Power 4,533,764 4,533,764
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Dispositive 28,768 28,768
Power
- ------------------------------------------------------------------------------------------------------------------------------------
Shared Dispositive 4,533,764 4,533,764
Power
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
Page 12 of 15 pages
<PAGE>
Item 8. Identification and Classification of Members of the Group
No reporting person is a member of a group as defined in Section 240.13d-
1(b)(1)(ii)(H) of the Act.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
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. By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the
ordinary course of business and 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.
Date: February 8, 2000
Bay Partners SBIC II, L.P. Bay Sonic Investors, LLC
By: Bay Management Company 1997, LLC
its general partner
By: /s/ JM Freidenrich By: /s/ JM Freidenrich
--------------------------------- -------------------------
Manager Managing Member
Bay Management Company 1997, LLC
By: /s/ JM Freidenrich
---------------------------------
Manager
Freidenrich Family Partnership
By: /s/ JM Freidenrich
--------------------------------
General Partner
Dempsey Family Partnership
By: /s/ Neal Dempsey III
--------------------------------
General Partner
/s/ JM Freidenrich
- -------------------------------------
John Freidenrich
Page 13 of 15 pages
<PAGE>
/s/ Neal Dempsey III
- -------------------------------------
Neal Dempsey
/s/ Marcella Yano
- -------------------------------------
Marcella Yano
/s/ Robert Williams
- -------------------------------------
Robert Williams
/s/ James Wickett
- -------------------------------------
James Wickett
EXHIBITS
A: Joint Filing Statement
Page 14 of 15 pages
<PAGE>
Exhibit A
Agreement of Joint Filing
We, the undersigned, hereby express our agreement that the attached
Schedule 13G is filed on behalf of us.
Date: February 8, 2000
Bay Partners SBIC II, L.P. Bay Sonic Investors, LLC
By: Bay Management Company 1997, LLC
its general partner
By: /s/ JM Freidenrich By: /s/ JM Freidenrich
------------------------------------ -------------------------
Manager Managing Member
Bay Management Company 1997, LLC
By: /s/ JM Freidenrich
------------------------------------
Manager
Freidenrich Family Partnership
By: /s/ JM Freidenrich
------------------------------------
General Partner
Dempsey Family Partnership
By: /s/ Neal Dempsey III
------------------------------------
General Partner
/s/ JM Freidenrich
- ---------------------------------------
John Freidenrich
/s/ Neal Dempsey III
- ---------------------------------------
Neal Dempsey
/s/ Marcella Yano
- ---------------------------------------
Marcella Yano
/s/ Robert Williams
- ---------------------------------------
Robert Williams
/s/ James Wickett
- ---------------------------------------
James Wickett
Page 15 of 15 pages
