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-------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION -----------------------------
FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number: 3235-0104
Expires: December 31, 2001
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Estimated average burden
Section 17(a) of the Public Utility Holding Company Act of 1935 or hours per response ....0.05
(Print or Type Responses) Section 30(f) of the Investment Company Act of 1940 -----------------------------
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1. Name and Address of Reporting Person* 2. Date of Event Re- 4. Issuer Name AND Ticker or Trading Symbol
quiring Statement
Phelan, John C. (Month/Day/Year) I-many, Inc. ("IMNY")
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(Last) (First) (Middle) July 2000 5. Relationship of Reporting Person(s) 6. If Amendment, Date
----------------------- to Issuer (Check all applicable) of Original
I-many, Inc. 3. I.R.S. Identification
537 Congress Street Number of X Director 10% Owner (Month/Day/Year)
Reporting Person, if --- ---
------------------------------------------------- an entity (Voluntary) Officer (give Other (specify ---------------------
(Street) title below) below) 7. Individual or
--- --- Joint/Group Filing
(Check Applicable
Line)
-------------------------- Form filed by One
X Reporting Person
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Portland, ME 04101 Form filed by
More than One
Reporting Person
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(City) (State) (Zip) TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Form: Direct Ownership (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
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Common Stock 2,146,500 I By MSD Portfolio L.P. -
Investments (1)
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Common Stock 842,188 I By DBV Investments L.P. (1)
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Common Stock 126,098 I By MSD ECI, LLC (1)
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Common Stock 124,433 I By Black Marlin Investments,
LLC (1)
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Common Stock 124,433 I By Vermeer Investments, LLC (1)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, SEE Instruction 5(b)(v). SEC 1473 (3-99)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED
TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
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1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) cisable and Underlying Derivative Security sion or ship Beneficial
Expiration (Instr. 4) Exercise Form of Ownership
Date Price of Deriv- (Instr. 5)
(Month/Day/ Deri- ative
Year) vative Security:
-------------------------------------------------- Security Direct
Amount (D) or
Date Expir- or Indirect
Exer- ation Title Number (I)
cisable Date of
Shares (Instr. 5)
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Stock option (right to buy) (2) 7/12/10 Common Stock 62,500 $10.00(2) D
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Explanation of Responses:
(1) The reporting person is a managing principal of MSD Capital L.P., which directly or indirectly beneficially owns all of the
shares held by MSD Portfolio L.P.-Investments, DBV Investments, L.P., MSD ECI, LLC, Black Marlin Investments, LLC and Vermeer
Investments, LLC. The reporting person disclaims beneficial ownership of the securities indicated, and the reporting herein of
such securities shall not be construed as an admission that the undersigned is the beneficial owner of any such securities for
purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(2) These options will be granted on the date of pricing of I-many's initial public offering pursuant to an effective
registration statement, which is expected to be on 7/12/00. They will vest in three equal annual installments beginning on
7/12/01 (assuming a pricing date of 7/12/00) and will have an exercise price equal to the initial public offering price
(estimated to be $10.00).
/s/ John C. Phelan 7/11/00
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**Intentional misstatements or omissions of facts constitute Federal **Signature of Reporting Person Date
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). John C. Phelan
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number. Page 2
SEC 1473 (3-99)
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