<PAGE>
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) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 2)(1)
PHOTON DYNAMICS, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
7193641
- --------------------------------------------------------------------------------
(CUSIP Number)
N/A
- --------------------------------------------------------------------------------
(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-(c)
/X/ Rule 13d-1(d)
- ------------
(1) 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).
<PAGE>
CUSIP NO. 7193641 13G Page 2 of 17 Pages
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
KLEINER PERKINS CAUFIELD & BYERS IV, L.P., A CALIFORNIA LIMITED
PARTNERSHIP ("KPCB IV")
94-3001663
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA LIMITED PARTNERSHIP
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
NUMBER OF
SHARES ---------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 365,957
OWNED BY EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER -0-
PERSON WITH ---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER 365,957
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 365,957
PERSON
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.9%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 3 of 17 Pages
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
KPCB IV ASSOCIATES, L.P., A CALIFORNIA LIMITED PARTNERSHIP
94-3001662
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA LIMITED PARTNERSHIP
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
---------------------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF 365,957 SHARES DIRECTLY OWNED BY
SHARES KPCB IV. KPCB IV ASSOCIATES IS THE
BENEFICIALLY GENERAL PARTNER OF KPCB IV.
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 365,957
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.9%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 4 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
THOMAS J. PERKINS
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 4,655
----------------------------------------------------------------
6 SHARED VOTING POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. PERKINS
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
NUMBER OF MR. PERKINS DISCLAIMS BENEFICIAL OWNERSHIP
SHARES OF SHARES HELD DIRECTLY BY KPCB IV.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER 4,655
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. PERKINS
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
MR. PERKINS DISCLAIMS BENEFICIAL OWNERSHIP
OF SHARES HELD DIRECTLY BY KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 370,612
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 5 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
FRANK J. CAUFIELD
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 11,735
----------------------------------------------------------------
6 SHARED VOTING POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. CAUFIELD
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
NUMBER OF MR. CAUFIELD DISCLAIMS BENEFICIAL OWNERSHIP
SHARES OF SHARES HELD DIRECTLY BY KPCB IV.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER 11,735
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. CAUFIELD
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
MR. CAUFIELD DISCLAIMS BENEFICIAL OWNERSHIP
OF SHARES HELD DIRECTLY BY KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 377,692
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 6 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
BROOK H. BYERS
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
----------------------------------------------------------------
6 SHARED VOTING POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. BYERS
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
NUMBER OF MR. BYERS DISCLAIMS BENEFICIAL OWNERSHIP
SHARES OF SHARES HELD DIRECTLY BY KPCB IV.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. BYERS
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
MR. BYERS DISCLAIMS BENEFICIAL OWNERSHIP
OF SHARES HELD DIRECTLY BY KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 365,957
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.9%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 7 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
L. JOHN DOERR
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 11,577
----------------------------------------------------------------
6 SHARED VOTING POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. DOERR
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
NUMBER OF MR. DOERR DISCLAIMS BENEFICIAL OWNERSHIP
SHARES OF SHARES HELD DIRECTLY BY KPCB IV.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER 11,577
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. DOERR
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
MR. DOERR DISCLAIMS BENEFICIAL OWNERSHIP
OF SHARES HELD DIRECTLY BY KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 377,534
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 8 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
E. FLOYD KVAMME
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 25,970
(INCLUDING OPTIONS EXERCISABLE WITHIN
60 DAYS FOR 2,500 SHARES)
----------------------------------------------------------------
6 SHARED VOTING POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. KVAMME
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
NUMBER OF MR. KVAMME DISCLAIMS BENEFICIAL OWNERSHIP
SHARES OF SHARES HELD DIRECTLY BY KPCB IV.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER 25,970
REPORTING (INCLUDING OPTIONS EXERCISABLE WITHIN
PERSON WITH 60 DAYS FOR 2,500 SHARES)
----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. KVAMME
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
MR. KVAMME DISCLAIMS BENEFICIAL OWNERSHIP
OF SHARES HELD DIRECTLY BY KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 391,927
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 9 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
REGIS MCKENNA
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 11,636
----------------------------------------------------------------
6 SHARED VOTING POWER
366,055 SHARES OF WHICH 365,957 SHARES DIRECTLY OWNED
BY KPCB IV AND 98 SHARES HELD BY THE RP AND DT
MCKENNA TRUST. KPCB IV ASSOCIATES IS THE GENERAL
PARTNER OF KPCB IV. MR. MCKENNA IS A GENERAL PARTNER
OF KPCB IV ASSOCIATES. MR. MCKENNA DISCLAIMS
NUMBER OF BENEFICIAL OWNERSHIPOF SHARES HELD DIRECTLY
SHARES BY KPCB IV AND THE TRUST.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER 11,636
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
366,055 SHARES OF WHICH 365,957 SHARES DIRECTLY OWNED
BY KPCB IV AND 98 SHARES HELD BY THE RP AND DT
MCKENNA TRUST. KPCB IV ASSOCIATES IS THE GENERAL
PARTNER OF KPCB IV. MR. MCKENNA IS A GENERAL PARTNER
OF KPCB IV ASSOCIATES. MR. MCKENNA DISCLAIMS
BENEFICIAL OWNERSHIPF SHARES HELD DIRECTLY BY
KPCB IV AND THE TRUST.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 377,691
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 7193641 13G Page 10 of 17 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
VINOD KHOSLA
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
----------------------------------------------------------------
6 SHARED VOTING POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. KHOSLA
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
NUMBER OF MR. KHOSLA DISCLAIMS BENEFICIAL OWNERSHIP
SHARES OF SHARES HELD DIRECTLY BY KPCB IV.
BENEFICIALLY ----------------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0-
REPORTING ----------------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
365,957 SHARES DIRECTLY OWNED BY
KPCB IV. KPCB IV ASSOCIATES IS THE
GENERAL PARTNER OF KPCB IV. MR. KHOSLA
IS A GENERAL PARTNER OF KPCB IV ASSOCIATES.
MR. KHOSLA DISCLAIMS BENEFICIAL OWNERSHIP
OF SHARES HELD DIRECTLY BY KPCB IV.
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 365,957
PERSON
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES / /
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.9%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 11 of 17 Pages
Item 1(a) Name of Issuer:
Photon Dynamics, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1504 McCarthy Blvd.
Milpitas, CA 95035
Item 2(a) Name of Person Filing:
This amendment is being filed by KPCB IV Associates, L.P., a
California Limited Partnership ("KPCB IV Associates"), whose
principal business address is 2750 Sand Hill Road, Menlo Park,
California 94025. The names, business addresses and citizenships
of all the general partners of KPCB IV Associates, are set forth on
Exhibit B hereto.
KPCB IV Associates is the general partner to Kleiner Perkins
Caufield & Byers IV, L.P., a California limited partnership ("KPCB
IV").
Item 2(b) Address of Principal Business Offices or, if none, Residence:
2750 Sand Hill Road, Menlo Park, California 94025.
The names, business addresses and citizenships of all the general
partners of KPCB IV Associates, are set forth on Exhibit B hereto.
Item 2(c) Citizenship
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
7193641
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
check whether the person filing is a:
Item 4. Ownership.
See rows 5-11 on cover pages hereto.
Item 5. Ownership of Five Percent or Less of a Class.
This statement is being filed to report the fact that as of the
date hereof Kleiner Perkins Caufield & Byers IV, L.P. and KPCB IV
Associates, L.P. have ceased to be the beneficial owners of more
than five percent of the Common Stock of Photon Dynamics, Inc.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable. See Item 5.
<PAGE>
Page 12 of 17 Pages
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.
Not applicable.
<PAGE>
Page 13 of 17 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify
that that information set forth in this statement is true, complete and correct.
Dated: February 12, 1999
KPCB IV ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
By: /s/ Brook H. Byers
----------------------------
A General Partner
THOMAS J. PERKINS
FRANK J. CAUFIELD
BROOK H. BYERS
E. FLOYD KVAMME
L. JOHN DOERR
REGIS McKENNA
VINOD KHOSLA
By: /s/ Michael S. Curry
----------------------------
Michael S. Curry
Attorney-in-Fact
KLEINER PERKINS CAUFIELD & BYERS IV,
L.P., A CALIFORNIA LIMITED PARTNERSHIP
By KPCB IV Associates, L.P., a
California limited partnership, its
General Partner
By: /s/ Brook H. Byers
----------------------------
A General Partner
<PAGE>
Page 14 of 17 Pages
EXHIBIT INDEX
<TABLE>
<CAPTION>
Found on
Sequentially
Exhibit Numbered Page
- --------- ---------------
<S> <C>
Exhibit A: Agreement of Joint Filing 15
Exhibit B: List of General Partners of KPCB IV Associates 16
</TABLE>
<PAGE>
Page 15 of 17 Pages
EXHIBIT A
AGREEMENT OF JOINT FILING
The undersigned hereby agree that they are filing jointly pursuant to Rule 13d-1
of the Act the amended statement dated February 12, 1999, containing the
information required by Schedule 13G, for the Shares of the Common Stock of
Photon Dynamics, Inc. held by Kleiner Perkins Caufield & Byers IV, L.P., a
California Limited Partnership, and with respect to the general partners, such
other holdings as are reported therein.
Dated: February 12, 1999
KPCB IV ASSOCIATES, L.P., A CALIFORNIA
LIMITED PARTNERSHIP
By: /s/ Brook H. Byers
----------------------------
A General Partner
THOMAS J. PERKINS
FRANK J. CAUFIELD
BROOK H. BYERS
E. FLOYD KVAMME
L. JOHN DOERR
REGIS McKENNA
VINOD KHOSLA
By: /s/ Michael S. Curry
----------------------------
Michael S. Curry
Attorney-in-Fact
KLEINER PERKINS CAUFIELD & BYERS IV,
L.P., A CALIFORNIA LIMITED PARTNERSHIP
By KPCB IV Associates, L.P., a
California limited partnership, its
General Partner
By: /s/ Brook H. Byers
----------------------------
A General Partner
<PAGE>
Page 16 of 17 Pages
EXHIBIT B
GENERAL PARTNERS OF
KPCB IV ASSOCIATES, L.P., A CALIFORNIA LIMITED PARTNERSHIP
Set forth below, with respect to each general partner of KPCB IV Associates,
L.P. is the following: (a) name; (b) business address and (c) citizenship.
1. (a) Thomas J. Perkins
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
2. (a) Frank J. Caufield
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
3. (a) Brook H. Byers
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
4. (a) E. Floyd Kvamme
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
5. (a) L. John Doerr
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
6. (a) Regis McKenna
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
<PAGE>
Page 17 of 17 Pages
7. (a) Vinod Khosla
(b) c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, CA 94025
(c) United States Citizen
