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
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1. Name and Address of Reporting Person*
SVM Star Ventures Management GmbH No. 3
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(Last) (First) (Middle)
Possartstrasse 9
D-81679
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(Street)
Munich, Germany
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
February 1, 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
Telaxis Communications Corporation TLXS
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[_] Form Filed by One Reporting Person
[X] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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<S> <C> <C> <C>
Common Stock 489,426* D (1)
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Common Stock 517,992* D (2)
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Common Stock 1,111,111* D (3)
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Common Stock 91,963* D (4)
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Common Stock 583,724* D (5)
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</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Over)
(Form 3-07/99)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
Warrant 4/15/99 7/30/07 Common Stock 20,000 $1.00 D (6)
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Warrant 7/16/99 7/30/07 Common Stock 20,000 $1.00 D (7)
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</TABLE>
Explanation of Responses:
* Reflects the automatic 2 for 1 conversion of preferred stock into common
stock upon the closing of the initial public offering.
(1) Shares held by SVM Star Ventures Management GmbH No. 3. SVM Star Ventures
Management GmbH No. 3 manages the affairs of SVE Star Ventures Enterprises
No. V, a German Civil Law Partnership, SVE Star Ventures
Managementgesellschaft mbH Nr. 3 & Co. Betelligungs KG Nr. 2, SVE Star
Ventures Enterprises No. VII, a German Civil Law Partnership, and Star
Growth Enterprise, a German Civil Law Partnership. Dr. Barel is sole
director of SVM Star Ventures Management GmbH No. 3, and may be deemed to
be the beneficial owner of the shares reflected on this Form 3, but Dr.
Barel expressly disclaims beneficial ownership of all shares except for
22,222 shares held in trust by SVM Star Ventures Management GmbH No. 3 for
the benefit of Dr. Barel.
(2) Shares held by SVE Star Ventures Enterprises No. V. This filing made by SVE
Star Ventures Enterprises No. V shall not be deemed an admission that it
is, for purposes of Section 16 or otherwise, the beneficial owner of all
the equity securities covered by the statement.
(3) Shares held by Star Growth Enterprise. This filing made by Star Growth
Enterprise shall not be deemed an admission that it is, for purposes of
Section 16 or otherwise, the beneficial owner of all the equity securities
covered by the statement.
(4) Shares held by SVE Star Ventures Managementgesellschaft mbH Nr. 3 & Co.
Betelligungs KG Nr. 2. This filing made by SVE Star Ventures
Managementgesellschaft mbH Nr. 3 & Co. Betelligungs KG Nr. 2 shall not be
deemed an admission that it is, for purposes of Section 16 or otherwise,
the benficial owner of all the equity securities covered by the statement.
(5) Shares held by SVE Star Ventures Enterprises No. VII. This filing made by
SVE Star Ventures Enterprises No. VII shall not be deemed an admission that
it is, for purposes of Section 16 or otherwise, the beneficial owner of all
the equity securities covered by the statement.
(6) Warrant held by SVE Star Ventures Enterprises No. VII.
(7) Warrant held by SVE Star Ventures Enterprises No. VII.
SVM Star Ventures Management GmbH No.3
By: /s/Meir Barel 2/1/00
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2
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JOINT FILER INFORMATION
SVM Star Ventures Management GmbH No. 3
Possartstrasse 9
D-81679
Munich, Germany
Date of Event Requiring Statement: February 1, 2000
Issuer Name and Ticker Symbol: Telaxis Communications Corporation ("TLXS")
Name: Dr. Meir Barel
Address: c/o SVM Star Ventures Management GmbH No. 3
Possartstrasse 9
D-81679 Munich
Germany
Designated Filer: SVM Star Ventures Management GmbH No. 3
Issuer & Ticker
Symbol: Telaxis Communications Corporation (TLXS)
Date of Event
Requiring Statement: February 1, 2000
/s/Meir Barel
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Dr. Meir Barel
