SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No.__)*
HUTCHINSON TECHNOLOGY INCORPORATED
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
448407 10 6
-----------
(CUSIP Number)
August 22, 2000
---------------
(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)
[ X ] 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
disclosures provided in a prior cover page.
The information required on 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).
(Continued on following pages)
Page 1 of 20 Pages
Exhibit Index Contained on Page 17
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 2 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management IV, LLC ("ICM4")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited liability company)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 843,510 shares, which shares are directly owned by Integral
SHARES Capital Partners IV, L.P. ("ICP4"). ICM4 is the general partner
BENEFICIALLY of ICP4
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
843,510 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
843,510 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.40%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 3 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners NBT, LLC ("Integral NBT")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited liability company)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 3,990 shares, which shares are directly owned by Integral Capital
SHARES Partners IV MS Side Fund, L.P. ("Side Fund"). Integral NBT is the
BENEFICIALLY general partner of Side Fund
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,990 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,990 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.016%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 4 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management V, LLC ("ICM5")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited liability company)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 597,790 shares, which are directly owned by Integral Capital
SHARES Partners V, L.P. ("ICP5"). ICM5 is the general partner of ICP5.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
597,790 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
597,790 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.41%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 5 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ICP Management V, LLC ("ICP Management 5")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited liability compoany)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 7,210 shares, which are directly owned by Integral Capital
SHARES Partners V Side Fund, L.P. ("ICP5 Side Fund"). ICP Management 5
BENEFICIALLY is the general partner of ICP5 Side Fund.
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,210 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,210 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.029%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 6 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners IV, L.P. ("ICP4")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 843,510 shares are directly owned by ICP4. Integral Capital
SHARES Management IV, LLC is the general partner of ICP4.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
843,510 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
843,510 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.40%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 7 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners IV MS Side Fund, L.P. ("Side Fund")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 3,990 shares are directly owned by Side Fund. Integral Capital
SHARES Partners NTB, LLC is the investment general partner of Side Fund.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,990 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,990 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.016%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 8 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners V, L.P. ("ICP5")
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 597,790 shares, which are directly owned by Integral Capital
SHARES Partners V, L.P. ("ICP5"). ICM5 is the general partner of ICP5.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
597,790 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
597,790 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.41%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 448407 10 6 13D Page 9 of 20 Pages
----------------------------------------------------------- --------------------------------------------------
<S> <C> <C> <C>
----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners V Side Fund, L.P. ("ICP5 Side Fund)
----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
--------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 7,210 shares, which are directly owned by ICP5 Side Fund. ICP
SHARES Management 5 is the general partner of ICP5 Side Fund.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,210 shares (see response to Item 6)
----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,210 shares
----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.029%
----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
Page 10 of 20
ITEM 1(a). NAME OF ISSUER:
Hutchinson Technology Incorporated
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
40 West Highland Park
Hutchinson, MN 55350
ITEM 2(a), (b), (c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS
OFFICE OR, IF NONE, RESIDENCE, AND CITIZENSHIP:
This statement is being filed by Integral Capital Management
IV, LLC, a Delaware limited liability company ("ICM4"), Integral Capital
Partners NBT, LLC, a Delaware limited liability company ("Integral NBT"),
Integral Capital Management V, LLC, a Delaware limited liability company
("ICM5"), and ICP Management V, LLC, a Delaware limited liability company ("ICP
Management 5"). The principal business address of ICM4, Integral NBT, ICM5 and
ICP Management 5 is 2750 Sand Hill Road, Menlo Park, California 94025.
ICM4 is the general partner of Integral Capital Partners IV,
L.P., a Delaware limited partnership ("ICP4"). Integral NBT is the general
partner of Integral Capital Partners IV MS Side Fund, L.P., a Delaware limited
partnership ("Side Fund"). ICM5 is the general partner of Integral Capital
Partners V, L.P., a Delaware limited partnership ("ICP5"). ICP Management 5 is
the general partner of Integral Capital Partners V Side Fund, L.P. ("ICP5 Side
Fund"). With respect to ICM4, Integral NBT, ICM5 and ICP Management 5, this
statement relates only to ICM4's, Integral NBT's, ICM5's and ICP Management 5's
indirect, beneficial ownership of shares of Common Stock of the Issuer (the
"Shares"). The Shares have been purchased by ICP4, Side Fund, ICP5 and ICP5 Side
Fund, and none of ICM4, Integral NBT, ICM5 or ICP Management 5 directly or
otherwise hold any Shares. Management of the business affairs of ICM4, Integral
NBT, ICM5, and ICP Management 5, including decisions respecting disposition
and/or voting of the Shares, resides in a majority of the managers of ICM 4,
Integral NBT, ICM5 and ICP Management 5, respectively, such that no single
manager of ICM4, Integral NBT, ICM5, or ICP Management 5 has voting and/or
dispositive power of the Shares.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
<PAGE>
Page 11 of 20
ITEM 2(e). CUSIP NUMBER:
448407 10 6
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) or
(c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the
Exchange Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange
Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of
the Exchange Act.
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act.
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box.
[ X ].
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. Integral Capital Management IV, LLC ("ICM4")
(a) Amount Beneficially Owned: 843,510
(b) Percent of Class: 3.40%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 843,510
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
843,510
<PAGE>
Page 12 of 20
B. Integral Capital Partners NBT, LLC ("Integral NBT")
(a) Amount Beneficially Owned: 3,990
(b) Percent of Class: 0.016%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 3,990
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
3,990
C. Integral Capital Management V, LLC ("ICM5")
(a) Amount Beneficially Owned: 597,790
(b) Percent of Class: 2.41%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 597,790
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition
597,790
D. ICP Management V, LLC ("ICP Management 5")
(a) Amount Beneficially Owned: 7,210
(b) Percent of Class: 0.029%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 7,210
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
7,210
E. Integral Capital Partners IV, L.P.
(a) Amount Beneficially Owned: 843,510
(b) Percent of Class: 3.40%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 843,510
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
843,510
<PAGE>
Page 13 of 20
F. Integral Capital Partners IV MS Side Fund, L.P.
(a) Amount Beneficially Owned: 3,990
(b) Percent of Class: 0.016%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 3,990
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
3,990
G. Integral Capital Partners V, L.P. ("ICP5")
(a) Amount Beneficially Owned: 597,790
(b) Percent of Class: 2.41%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 597,790
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
597,790
H. Integral Capital Partners V Side Fund, L.P. ("ICP5 Side Fund")
(a) Amount Beneficially Owned: 7,210
(b) Percent of Class: 0.029%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 7,210
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
7,210
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
<PAGE>
Page 14 of 20
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 CLASSIFCATION 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.
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.
Dated: August 24, 2000
INTEGRAL CAPITAL MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 15 of 20
INTEGRAL CAPITAL PARTNERS NBT, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL MANAGEMENT V, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
ICP MANAGEMENT V, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS IV, L.P.
By Integral Capital Management IV, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 16 of 20
INTEGRAL CAPITAL PARTNERS IV MS SIDE
FUND, L.P.
By Integral Capital Partners NBT, LLC
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS V, L.P.
By Integral Capital Management V, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS V SIDE
FUND, L.P.
By ICP Management V, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 17 of 20
EXHIBIT INDEX
-------------
Found on
Sequentially
Exhibit Numbered Page
------- -------------
Exhibit A: Agreement of Joint Filing 18
<PAGE>
Page 18 of 20
EXHIBIT A
Agreement of Joint Filing
The undersigned hereby agree that they are filing jointly pursuant to
Rule 13d-1(k)(1) of the Act the statement dated August 24, 2000 containing the
information required by Schedule 13G, for the 1,452,500 Shares of capital stock
of Hutchinson Technology Incorporated held by Integral Capital Partners IV,
L.P., a Delaware limited partnership, Integral Capital Partners IV MS Side Fund,
L.P., a Delaware limited partnership, Integral Capital Partners V, L.P., a
Delaware limited partnership, and Integral Capital Partners V Side Fund, L.P., a
Delaware limited partnership.
Date: August 24, 2000
INTEGRAL CAPITAL MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS NBT, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL MANAGEMENT V, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 19 of 20
ICP MANAGEMENT V, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS IV, L.P.
By Integral Capital Management IV, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS IV MS SIDE FUND, L.P.
By Integral Capital Partners NBT, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS V, L.P.
By Integral Capital Management V, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 20 of 20
INTEGRAL CAPITAL PARTNERS V SIDE
FUND, L.P.
By ICP Management V, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
