UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
CIMA LABS, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
171796105
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(CUSIP Number)
Check the following box if a fee is being paid with the statement [ ]. (A fee is
not required only if the reporting 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 ( ) 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 disclosure
provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Continued on following page(s)
Page 1 of 7 Pages
Exhibit Index: Page 6
<PAGE>
SCHEDULE 13G
CUSIP No. 171796105 Page 2 of 7 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
GEORGE SOROS (in his capacity as sole proprietor of Soros Fund
Management)
2 Check the Appropriate Box If a Member of a Group*
a. [_]
b. [X]
3 SEC Use Only
Citizenship or Place of Organization
UNITED STATES
5 Sole Voting Power
Number of 90,027
Shares
Beneficially 6 Shared Voting Power
Owned By 0
Each
Reporting 7 Sole Dispositive Power
Person 90,027
With
8 Shared Dispositive Power
0
9 Aggregate Amount Beneficially Owned by Each Reporting Person
90,027
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares*
[_]
11 Percent of Class Represented By Amount in Row (9)
0.96%
12 Type of Reporting Person*
IA
<PAGE>
Page 3 of 7 Pages
Item 1(a) Name of Issuer:
CIMA Labs, Inc. (the "Issuer").
Item 1(b) Address of the Issuer's Principal Executive Offices:
10000 Valley View Road, Eden Prairie, Minnesota 55344-9361.
Item 2(a) Name of Person Filing:
This statement is filed on behalf of Mr. George Soros in his
capacity as sole proprietor of an investment advisory firm which,
as of December 31, 1996, was conducting business under the name
Soros Fund Management (the "Reporting Person") and was acting
pursuant to contract as principal investment manager to Quantum
Fund N.V., a Netherlands Antilles corporation, and its operating
subsidiary, Quantum Partners LDC, a Cayman Islands limited
duration company ("Quantum Partners", and together with Quantum
Fund N.V., the "Quantum Entities").
Item 2(b) Address of Principal Business Office or, if None, Residence:
The address of the principal business office of the Reporting
Person is 888 Seventh Avenue, 33rd Floor, New York, New York
10106.
Item 2(c) Citizenship:
The Reporting Person is a citizen of the United States.
Item 2(d) Title of Class of Securities:
Common Stock, $.01 par value.
Item 2(e) CUSIP Number:
171796105
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
This Item 3 is not applicable.
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
This Item 4(a) is not applicable.
Item 4(b) Percent of Class:
This Item 4(b) is not applicable.
<PAGE>
Page 4 of 7 Pages
Item 4(c) Number of shares as to which such person had:
This Item 4(c) is not applicable.
Item 5. Ownership of Five Percent or Less of a Class:
[x]
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
This Item 6 is not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
This Item 7 is not applicable.
Item 8. Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group:
This Item 9 is not applicable.
Item 10. Certification:
This Item 10 is not applicable.
<PAGE>
Page 5 of 7 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Date: February 12, 1997 GEORGE SOROS
By: /S/ MICHAEL C. NEUS
-----------------------------
Michael C. Neus
Attorney-in-Fact
<PAGE>
Page 6 of 7 Pages
EXHIBITS
Page
----
A. Power of Attorney, dated as of July 27, 1995 granted by
George Soros in favor of Mr. Sean C. Warren and Mr. Michael
C. Neus ................................................................7
Page 7 of 7 Pages
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENT, that I, GEORGE SOROS, hereby make, constitute and
appoint MICHAEL C. NEUS as my agent and attorney in fact for the purpose of
executing in my name, in my personal capacity or in my capacity as sole
proprietor of Soros Fund Management all documents, certificates, instruments,
statements, filings and agreements ("documents") to be filed with or delivered
to any foreign or domestic governmental or regulatory body or required or
requested by any other person or entity pursuant to any legal or regulatory
requirement relating to the acquisition, ownership, management or disposition of
securities or other investments, and any other documents relating or ancillary
thereto, including but not limited to, all documents relating to filings with
the Securities and Exchange Commission (the "SEC") pursuant to the Securities
Act of 1933 or the Securities and Exchange Act of 1934 (the "Act") and the rules
and regulations promulgated thereunder, including: (1) all documents relating to
the beneficial ownership of securities required to be filed with the SEC
pursuant to Section 13(d) or Section 16(a) of the Act including, without
limitation: (a) any acquisition statements on Schedule 13D or Schedule 13G and
any amendments thereto, (b) any joint filing agreements pursuant to Rule
13d-1(f) and (c) any initial statements of, or statements of changes in,
beneficial ownership of securities on Form 3, Form 4 or Form 5 and (2) any
information statements on Form 13F required to be filed with the SEC pursuant to
Section 13(f) of the Act.
All past acts of the attorney-in-fact in furtherance of the foregoing are hereby
ratified and confirmed.
This power of attorney shall be valid from the date hereof until revoked by me.
IN WITNESS WHEREOF, I have executed this instrument this 27th day of July, 1995.
/s/ George Soros
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GEORGE SOROS
