SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 8)
SUMMAGRAPHICS CORPORATION
(Name of Issuer)
Common Stock
(Title of Class of Securities)
865906 10 1
(CUSIP Number)
Check the following box if a fee is being paid with this statement
( . (A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of
more than five percent of the class of securities described in
Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7.)
*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 the disclosures
provided in a prior cover page.
The information required in 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 1 of 9 Pages
(Continued on following page(s))
Page 2 of 9 Pages
CUSIP NO. 865906 10 1
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Bessemer Venture Partners L.P.
Tax Id. No. 13-3051093
2. Check the Appropriate Box if a Member of a Group*
(a)X
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Delaware
Number 5. Sole Voting Power 22,420 shs
of
Shares 6. Shared Voting Power 0
Beneficially
Owned by Each 7. Sole Dispositive Power 22,420 shs
Reporting
Person With 8. Shared Dispositve Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
22,420 shs
10. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
11. Percent of Class Represented by Amount in Row (11)
0.49%
12. Type of Reporting Person*
PN
Page 3 of 9 Pages
CUSIP NO. 865906 10 1
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Bessemer Venture Partners II L.P.
Tax Id. No. 13-3174238
2. Check the Appropriate Box if a Member of a Group*
(a)X
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Delaware
Number 5. Sole Voting Power 284,142 shs
of
Shares 6. Shared Voting Power 0
Beneficially
Owned by Each 7. Sole Dispositive Power 284,142 shs
Reporting
Person With 8. Shared Dispositve Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
284,142 shs
10. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
11. Percent of Class Represented by Amount in Row (11)
6.18%
12. Type of Reporting Person*
PN
Page 4 of 9 Pages
CUSIP NO. 865906 10 1
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Deer & Co. (the General Partner of Bessemer Venture Partners L.P. -
the shares reported on this page are the same as those reported on
Page 2)
Tax Id. No. 13-3054454
2. Check the Appropriate Box if a Member of a Group*
(a)X
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Delaware
Number 5. Sole Voting Power 22,420 shs
of
Shares 6. Shared Voting Power 0
Beneficially
Owned by Each 7. Sole Dispositive Power 22,420 shs
Reporting
Person With 8. Shared Dispositve Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
22,420 shs
10. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
11. Percent of Class Represented by Amount in Row (11)
0.49%
12. Type of Reporting Person*
PN
Page 5 of 9 Pages
CUSIP NO. 865906 10 1
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Deer II & Co. (the General Partner of Bessemer Venture Partners II
L.P. - the shares reported on this page are the same as those
reported on Page 3)
Tax Id. No. 13-3174240
2. Check the Appropriate Box if a Member of a Group*
(a)X
(b)
3. SEC Use Only
4. Citizenship or Place of Organization
Delaware
Number 5. Sole Voting Power 284,142 shs
of
Shares 6. Shared Voting Power 0
Beneficially
Owned by Each 7. Sole Dispositive Power 284,142 shs
Reporting
Person With 8. Shared Dispositve Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
284,142 shs
10. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
11. Percent of Class Represented by Amount in Row (11)
6.18%
12. Type of Reporting Person*
PN
Page 6 of 9 Pages
CUSIP NO. 865906 10 1
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
G. Felda Hardymon
S.S. No. ###-##-####
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.A.
Number 5. Sole Voting Power 13,627 shs
of
Shares 6. Shared Voting Power 0
Beneficially
Owned by Each 7. Sole Dispositive Power 13,627 shs
Reporting
Person With 8. Shared Dispositve Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
13,627 shs
10. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
11. Percent of Class Represented by Amount in Row (11)
0.29%
12. Type of Reporting Person*
IN
Page 7 of 9 Pages
Item 1.
(a) Name of Issuer:
Summagraphics Corporation
(b) Address of Issuer's Principal Executive Office:
60 Silvermine Road
Seymour, Connecticut 06482
Item 2. (a), (b) and (c) Name of Persons Filing, Address of Principal
Business Office and Citizenship:
This statement is filed by Bessemer Venture Partners L.P. and
Bessemer Venture Partners II L.P. (collectively referred to as "Bessemer"),
which are Delaware limited partnerships having their principal office at
1025 Old Country Road, Westbury, New York, 11590. Bessemer's principal
business is making venture capital investments for its own account and is
carried on at its principal office.
This statement is also filed by Deer & Co. and Deer II & Co.,
Delaware partnerships whose general partners are Neill H. Brownstein*,
Robert H. Buescher, William T. Burgin, G. Felda Hardymon and Christopher
Gabrieli, who are all United States citizens, and by Messrs. Buescher and
Hardymon. Deer & Co. is the General Partner of Bessemer Venture Partners
L.P. and Deer II & Co is the General Partner of Bessemer Venture Partners II
L.P. and each has its principal office at the same address as Bessemer.
Deer & Co.'s and Deer II & Co.'s principal businesses are making venture
capital investments for the account of Bessemer and are carried on at its
principal offices. Mr. Brownstein's principal business address is at 3000
Sand Hill Road, Menlo Park, CA 94025. Mr. Buescher's [principal address is
the same as Bessemer's. The principal address of Messrs. Burgin, Hardymon
and Gabrieli is 83 Walnut Street, Wellesley Hills, Massachusetts 02181-2101.
Bessemer has offices at both the Menlo Park and Wellesley Hills addresses.
*As of January 1, 1995 Mr. Brownstein became a Special General Partner of
Bessemer with no power to participate in the management of its affairs.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP number:
865906 10 1
Page 8 of 9 Pages
Item 3.
Not Applicable
Item 4. Ownership as of December 31, 1995.
Items 5 through 9 and Item 11 of Pages 2, 3 and 6 of this
Statement incorporated herein by reference.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
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.
See the answer to Item 2(a), (b) and (c).
Item 9. Notice of Dissolution of Group.
Not applicable
Page 9 of 9 Pages
Item 10. Certification.
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true,
complete and correct.
Dated: February 12, 1996.
BESSEMER VENTURE PARTNERS L.P.
By: Deer & Co., General Partner
By:
/s/ Robert H. Buescher, Partner
DEER & Co.
By:
/s/ Robert H. Buescher, Partner
BESSEMER VENTURE PARTNERS II L.P.
By: Deer II & Co., General Partner
By:
/s/ Robert H. Buescher, Partner
DEER II & Co.
By:
Robert H. Buescher, Partner
/s/ Robert H. Buescher
G. FELDA HARDYMON
By:
/s/ Robert H. Buescher,
Attorney-in-Fact
