UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13G
(Rule 13d-102)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
Intersolv, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
4607J106
- --------------------------------------------------------------------------------
(CUSIP Number)
- ----------
* 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 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>
SCHEDULE 13G
CUSIP No. 4607J106 Page 2 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Glynn Emerging Opportunity Fund
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 63,500 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
63,500 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
63,500 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
.3%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 3 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Glynn Capital Management
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 823,158 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
823,158 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
823,158 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
4.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IA OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 4 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown-Glynn Advisors, Ltd.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 335,400 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
335,400 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
335,400 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
1.7%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
CO IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 5 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Advisors, Ltd.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 559,000
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
559,000
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
559,000
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.8%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
CO IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 6 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Capital Management, Ltd.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 223,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
223,600 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
223,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
1.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
CO IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 7 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Partners III, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 229,850 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
229,850 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
229,850 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
1.2%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 8 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown-Glynn Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 105,550 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
105,550 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
105,550 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
.5%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 9 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Glynn Investment, L.P.
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 24,680 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
24,680 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
24,680 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 10 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Associates III, Limited Partnership
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 229,850 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
229,850 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
229,850 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
1.2%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 11 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown-Glynn Associates, Limited Partnership
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 105,550 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
105,550 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
105,550 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
.5%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 12 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
John W. Glynn Jr.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 32,000 shares of Common Stock
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 823,158 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
32,000 shares of Common Stock
--------------------------------------------------------
8 Shared Dispositive Power
823,158 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
855,158 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
4.3%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 13 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Glynn Buckley Investments, L.P.
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 15,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
15,600 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
15,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 14 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
McMorgan Fund III, L.P.
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 54,850 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
54,850 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
54,850 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
.3%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 15 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Darryl Messinger
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 823,158 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
823,158 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
823,158 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
4.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 16 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Steven Rosston
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 1,400 shares of Common Stock
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 823,158 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
1,400 shares of Common Stock
--------------------------------------------------------
8 Shared Dispositive Power
823,158 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
824,558 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
4.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 17 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
David F. Bellet
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 559,000 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
559,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
559,000 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.8%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 18 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Chester A. Siuda
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 83,958 shares of Common Stock
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 559,000 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
83,958 shares of Common Stock
--------------------------------------------------------
8 Shared Dispositive Power
559,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
642,958 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
3.2%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 19 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Margaret S. McNamara
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 559,000 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
559,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
559,000 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.8%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 20 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Jeffrey S. Hamren
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 8,191 shares of Common Stock
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 559,000 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
8,191 shares of Common Stock
--------------------------------------------------------
8 Shared Dispositive Power
559,000 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
567,191 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.8%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 4607J106 Page 21 of 27
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
GCM
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0.
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 1,300 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
1,300 shares of Common Stock
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,300 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
0%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer: Intersolv, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
9420 Key West Ave., Rockville, MD 20850
Item 2(a) Names of Person Filing See cover pages.
Item 2(b) Address of Principal Business Office or, if none Residence:
As to the following filing persons:
Crown Associates II, A Limited Partnership
Crown-Glynn Associates, Limited Partnership
Crown Associates III, Limited Partnership
Crown Partners III, L.P.
Crown-Glynn Partners, L.P.
Crown-Glynn Advisors Ltd.
Crown Capital Management Ltd.
Crown Advisors Ltd.
Chester A. Siuda
Margaret S. McNamara
Jeffrey S. Hamren
67 East Park Place
8th Floor
Morristown, NJ 07960
As to the following filing person:
David F. Bellet
60 East 42nd Street, Suite 3405
New York, NY 10165
As to the following filing persons:
Glynn Buckley Investments, L.P.
McMorgan Fund II, L.P.
GCM Pension
Glynn Capital Management
Glynn Emerging Opportunity Fund
Glynn Investment, L.P.,
John W. Glynn, Jr.
Steven Rosston
Daryl Messinger
300 Sand Hill Road
Building 4, Suite 235
Menlo Park, CA 94025
Item 2(c) Citizenship: See cover pages
Page 22 of 27
<PAGE>
Item 2(d) Title of Class of Securities: Common Stock, $1.0 par value
Item 2(e) CUSIP Number: 4607J106
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a :
(a) Broker or Dealer registered under Section 15 of the
Act,
(b) Bank as defined in Section 3(a)(6) of the Act,
(c) Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) Investment Company registered under Section 8 of the
Investment Company Act,
*(e) Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940,
(f) Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see
13d-1(b)(1)(ii)(F),
(g) Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G),
(h) Group, in accordance with Section
240.13d-1(b)(1)(ii)(H).
--------------------
* As to Crown-Glynn Advisors, Ltd., Crown Capital Management
Ltd. and Glynn Capital Management.
Item 4. Ownership: See cover pages.
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 [X].
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 Classification of Members of the Group: Not
applicable.
Item 9. Notice of Dissolution of Group: Not applicable.
Item 10. Certification:
Page 23 of 27
<PAGE>
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not
acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
Page 24 of 27
<PAGE>
13-G SIGNATURE PAGE
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: February 14, 1997
CROWN-GLYNN ASSOCIATES, LIMITED /s/ John W. Glynn, Jr.
PARTNERSHIP ------------------------------------
By Crown-Glynn Partners, L.P. as John W. Glynn, Jr.*
General Partner /s/ Steven Rosston
------------------------------------
Steven Rosston
CROWN ASSOCIATES II, LIMITED /s/ Daryl Messinger
PARTNERSHIP ------------------------------------
By Crown-Glynn Partners III, L.P. as Daryl Messinger
General Partner
CROWN PARTNERS III, L.P. /s/ David F. Bellet
------------------------------------
David F. Bellet
CROWN-GLYNN PARTNERS, L.P. /s/ Chester A. Siuda
------------------------------------
Chester A. Siuda
By /s/ David F. Bellet /s/ Jeffrey S. Hamren
--------------------------------- -------------------------------------
General Partner Jeffrey S. Hamren
/s/ Margaret S. McNamara
------------------------------------
Margaret S. McNamara
CROWN CAPITAL MANAGEMENT LTD.
CROWN ADVISORS, LTD.
CROWN-GLYNN ADVISORS, LTD.
By /s/ David F. Bellet
---------------------------------
- ----------
* Individually and on behalf of Glynn Capital Management, Glynn
Emerging Opportunity Fund, Glynn Investment L.P., GCM Pension,
Glynn Buckley Investments, L.P., McMorgan Fund, L.P.
Page 25 of 27
<PAGE>
Index to Exhibits
Joint Filing Agreement................................................. Page 26
Page 26 of 27
JOINT FILING AGREEMENT
Each of the undersigned hereby agrees that the Schedule 13G filed on the
date hereof has been filed on behalf of each of the undersigned.
Dated: February 14, 1997
CROWN-GLYNN ASSOCIATES, LIMITED /s/ John W. Glynn, Jr.
PARTNERSHIP ------------------------------------
By Crown-Glynn Partners, L.P. as John W. Glynn, Jr.*
General Partner /s/ Steven Rosston
------------------------------------
Steven Rosston
CROWN ASSOCIATES II, LIMITED /s/ Daryl Messinger
PARTNERSHIP ------------------------------------
By Crown-Glynn Partners III, L.P. as Daryl Messinger
General Partner
CROWN PARTNERS III, L.P. /s/ David F. Bellet
------------------------------------
David F. Bellet
CROWN-GLYNN PARTNERS, L.P. /s/ Chester A. Siuda
------------------------------------
Chester A. Siuda
By /s/ David F. Bellet /s/ Jeffrey S. Hamren
--------------------------------- -------------------------------------
General Partner Jeffrey S. Hamren
/s/ Margaret S. McNamara
------------------------------------
Margaret S. McNamara
CROWN CAPITAL MANAGEMENT LTD.
CROWN ADVISORS, LTD.
CROWN-GLYNN ADVISORS, LTD.
By /s/ David F. Bellet
---------------------------------
- ----------
* Individually and on behalf of Glynn Capital Management, Glynn
Emerging Opportunity Fund, Glynn Investment L.P., GCM Pension,
Glynn Buckley Investments, L.P., McMorgan Fund, L.P.
Page 27 of 27