SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CONNECT, INC.
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(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
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(Title of Class of Securities)
207528100
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(CUSIP Number)
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<PAGE>
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
21st Century Communications Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,027,272
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
487,878
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
1,027,272
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
487,878
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
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12 TYPE OF REPORTING PERSON
PN
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<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
21st Century Communications T-E Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 349,621
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,165,529
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
349,621
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,165,529
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
================================================================================
<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
21st Century Communications Foreign Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 138,257
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,376,893
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
138,257
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,376,893
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
================================================================================
<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Harvey Sandler
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,515,150
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,515,150
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
================================================================================
<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Barry Lewis
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,515,150
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,515,150
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
================================================================================
<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Michael J. Marocco
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,515,150
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,515,150
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
================================================================================
<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
John Kornreich
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,515,150
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,515,150
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
================================================================================
<PAGE>
================================================================================
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Andrew Sandler
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
1,515,150
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,515,150
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,515,150
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.1%, based on 18,622,858 total shares outstanding as of
January 23, 1997
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
================================================================================
<PAGE>
PAGE 10 OF 14 PAGES
ITEM 1(A). NAME OF ISSUER:
CONNECT, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
515 Ellis Street, Mountain View, CA 94043
ITEM 2(A). NAME OF PERSONS FILING:
21st Century Communications Partners, L.P.
21st Century Communications T-E Partners, L.P.
21st Century Communications Foreign Partners, L.P.
John Kornreich
Barry Lewis
Michael J. Morocco
Andrew Sandler
Harvey Sandler
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Each person's address is:
767 Fifth Avenue, 45th Floor
New York, NY 10153
ITEM 2(C). CITIZENSHIP:
Each of 21st Century Communications Partners, L.P.,
21st Century Communications T-E Partners, L.P. and
21st Century Communications Foreign Partners, L.P.
are Delaware partnerships. Each of John Kornreich,
Barry Lewis, Michael J. Marocco, Andrew Sandler and
Harvey Sandler are United States citizens.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.001
ITEM 2(E). CUSIP NUMBER:
207528100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP.
If the percent of the class owned, as of December 31
of the year covered by the statement, or as of the
last day of any month described in Rule 13d-1 (b)(2),
if applicable, exceeds five percent, provide the
following information as of that date and identify
those shares which there is a right to acquire.
<PAGE>
PAGE 11 OF 14 PAGES
(a) Amount Beneficially Owned
21st Century Communications Partners, L.P. 1,515,150
21st Century Communications T-E Partners, L.P. 1,515,150
21st Century Communications Foreign Partners, L.P. 1,515,150
John Kornreich 1,515,150
Barry Lewis 1,515,150
Michael J. Marocco 1,515,150
Andrew Sandler 1,515,150
Harvey Sandler 1,515,150
(b) Percent of Class*
21st Century Communications Partners, L.P. 8.1%
21st Century Communications T-E Partners, L.P. 8.1%
21st Century Communications Foreign Partners, L.P. 8.1%
John Kornreich 8.1%
Barry Lewis 8.1%
Michael J. Marocco 8.1%
Andrew Sandler 8.1%
Harvey Sandler 8.1%
(*based on 18,622,858 total shares outstanding as of January
23, 1997)
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote
21st Century Communications Partners, L.P. 1,027,272
21st Century Communications T-E Partners, L.P. 349,621
21st Century Communications Foreign Partners, L.P. 138,257
John Kornreich -0-
Barry Lewis -0-
Michael J. Marocco -0-
Andrew Sandler -0-
Harvey Sandler -0-
(ii) Shared power to vote or direct the vote
21st Century Communications Partners, L.P. 487,878
21st Century Communications T-E Partners, L.P. 1,165,529
21st Century Communications Foreign Partners, L.P. 1,376,893
John Kornreich 1,515,150
Barry Lewis 1,515,150
Michael J. Marocco 1,515,150
Andrew Sandler 1,515,150
Harvey Sandler 1,515,150
(iii) Sole power to dispose or to direct the disposition of
21st Century Communications Partners, L.P. 1,027,272
21st Century Communications T-E Partners, L.P. 349,621
21st Century Communications Foreign Partners, L.P. 138,257
John Kornreich -0-
Barry Lewis -0-
Michael J. Marocco -0-
Andrew Sandler -0-
Harvey Sandler -0-
<PAGE>
PAGE 12 OF 14 PAGES
(iv) Shared power to dispose or direct the disposition of
21st Century Communications Partners, L.P. 487,878
21st Century Communications T-E Partners, L.P. 1,165,529
21st Century Communications Foreign Partners, L.P. 1,376,893
John Kornreich 1,515,150
Barry Lewis 1,515,150
Michael J. Marocco 1,515,150
Andrew Sandler 1,515,150
Harvey Sandler 1,515,150
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.
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 acquired in the ordinary
course of business and were not acquired for the purposes of and do not have the
affect 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 transactions
having such purposes or effect.
<PAGE>
PAGE 13 OF 14 PAGES
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.
Date: February 14, 1997
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital Management, general partner
By: ARH Corp., general partner
By: /s/ Harvey Sandler
-------------------------------
Name: Harvey Sandler
21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital management, general partner
By: ARH Corp., general partner
By: /s/ Harvey Sandler
-------------------------------
Name: Harvey Sandler
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital management, general partner
By: ARH Corp., general partner
By: /s/ Harvey Sandler
-------------------------------
Name: Harvey Sandler
/s/ Harvey Sandler
-------------------------------
Harvey Sandler
/s/ Barry Lewis
-------------------------------
Barry Lewis
/s/ Michael J. Marocco
-------------------------------
Michael J. Marocco
/s/ John Kornreich
-------------------------------
John Kornreich
/s/ Andrew Sandler
-------------------------------
Andrew Sandler
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
<PAGE>
PAGE 14 OF 14 PAGES
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act, as
amended, the undersigned hereby agree to the joint filing on behalf of each of
them on a statement on Schedule 13G (including amendments thereto) with respect
to the Common Stock, par value $.001 per share of CONNECT, INC. and that this
Agreement be included as an Exhibit to such joint filing.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this
14th day of February, 1997.
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital Management, general partner
By: ARH Corp., general partner
By: /s/ Harvey Sandler
-------------------------------
Name: Harvey Sandler
21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital management, general partner
By: ARH Corp., general partner
By: /s/ Harvey Sandler
-------------------------------
Name: Harvey Sandler
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P., general partner
By: Sandler Capital management, general partner
By: ARH Corp., general partner
By: /s/ Harvey Sandler
-------------------------------
Name: Harvey Sandler
/s/ Harvey Sandler
-------------------------------
Harvey Sandler
/s/ Barry Lewis
-------------------------------
Barry Lewis
/s/ Michael J. Marocco
-------------------------------
Michael J. Marocco
/s/ John Kornreich
-------------------------------
John Kornreich
/s/ Andrew Sandler
-------------------------------
Andrew Sandler
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
