<PAGE> 1
SCHEDULE 13D
(RULE 13d-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Eagle Pacific Industries, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)
092068 20 4
--------------------------------------------------------------------------------
(CUSIP Number)
William Blair Mezzanine Capital Fund, L.P.
Attention: Terrance M. Shipp
222 West Adams Street
Chicago, Illinois 60606
with a copy to:
Laurence R. Bronska, Esq.
Altheimer & Gray
10 South Wacker Drive
Chicago, Illinois 60606
(312) 715-4927
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
June 5, 2000
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box / /.
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
*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> 2
CUSIP NO. 092068 20 4 13D PAGE 2 OF 19 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
William Blair Mezzanine Capital Fund, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
-0-
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
382,000(1)(2)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
382,000(1)(2)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,000(1)(2)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%(3)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
--------------------------------------------------------------------------------
(1) Voting power is exercised solely by the Issuer, acting through its board
of directors, pursuant to an Irrevocable Proxy until such time as an event
of default occurs under the Debenture Acquisition Agreement. See Item 5.
(2) Voting power is exercised through its sole general partner, William Blair
Mezzanine Capital Partners, L.P.
(3) Based on 7,831,775 shares of Common Stock outstanding as of April 15, 2000.
<PAGE> 3
CUSIP NO. 092068 20 4 13D PAGE 3 OF 19 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
William Blair Mezzanine Capital Partners, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
-0-
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
382,000(1)(2)(3)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
382,000(1)(2)(3)
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,000(2)(3)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%(4)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
--------------------------------------------------------------------------------
(1) Voting power is exercised solely by the Issuer, acting through its board
of directors, pursuant to an Irrevocable Proxy until such time as an event
of default occurs under the Debenture Acquisition Agreement. See Item 5.
(2) Solely in its capacity as the sole general partner of William Blair
Mezzanine Fund, L.P.
(3) Voting power is exercised through its general partners, William Blair &
Company, L.L.C., Timothy J. MacKenzie, Terrance M. Shipp and Marc J.
Walfish.
(4) Based on 7,831,775 shares of Common Stock outstanding as of April 15, 2000.
<PAGE> 4
CUSIP NO. 092068 20 4 13D PAGE 4 OF 19 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
William Blair & Company, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
-0-
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
382,000(1)(2)(3)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
382,000(2)(3)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,000(2)(3)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%(4)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
--------------------------------------------------------------------------------
(1) Voting power is exercised solely by the Issuer, acting through its board
of directors, pursuant to an Irrevocable Proxy until such time as an event
of default occurs under the Debenture Acquisition Agreement. See Item 5.
(2) Solely in its capacity as the sole general partner of William Blair
Mezzanine Capital Partners, L.P. (See Item 5).
(3) Voting power is exercised through its principals listed on Schedule I
attached hereto and incorporated herein by this reference.
(4) Based on 7,831,775 shares of Common Stock outstanding as of April 15, 2000.
<PAGE> 5
CUSIP NO. 092068 20 4 13D PAGE 5 OF 19 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Timothy J. MacKenzie
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
-0-
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
382,000(1)(2)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
382,000(1)(2)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,000(2)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%(3)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
(1) Voting power is exercised solely by the Issuer, acting through its board
of directors, pursuant to an Irrevocable Proxy until such time as an event
of default occurs under the Debenture Acquisition Agreement. See Item 5.
(2) Solely in its capacity as the sole general partner of William Blair
Mezzanine Capital Partners, L.P. (See Item 5).
(3) Based on 7,831,775 shares of Common Stock outstanding as of April 15, 2000.
<PAGE> 6
CUSIP NO. 092068 20 4 13D PAGE 6 OF 19 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Terrance M. Shipp
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
-0-
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
382,000(1)(2)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
382,000(2)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,000(2)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%(3)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
(1) Voting power is exercised solely by the Issuer, acting through its board
of directors, pursuant to an Irrevocable Proxy until such time as an event
of default occurs under the Debenture Acquisition Agreement. See Item 5.
(2) Solely in its capacity as the sole general partner of William Blair
Mezzanine Capital Partners, L.P. (See Item 5).
(3) Based on 7,831,775 shares of Common Stock outstanding as of April 15, 2000.
<PAGE> 7
CUSIP NO. 092068 20 4 13D PAGE 7 OF 19 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Marc J. Walfish
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
-0-
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
382,000(1)(2)
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
382,000(2)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
382,000(2)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.9%(3)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IN
--------------------------------------------------------------------------------
(1) Voting power is exercised solely by the Issuer, acting through its board
of directors, pursuant to an Irrevocable Proxy until such time as an event
of default occurs under the Debenture Acquisition Agreement. See Item 5.
(2) Solely in its capacity as the sole general partner of William Blair
Mezzanine Capital Partners, L.P. (See Item 5).
(3) Based on 7,831,775 shares of Common Stock outstanding as of April 15, 2000.
<PAGE> 8
Item 1. Security and Issuer.
-------------------
This statement constitutes the third and final Amendment to the
Schedule 13D dated December 13, 1993 (the "Original 13D"), as amended by
Amendment No. 1 dated as of March 16, 1995 and as amended by Amendment No. 2 on
May 10, 1996, by William Blair Mezzanine Capital Fund, L.P., an Illinois limited
partnership (the "Mezzanine Fund"), William Blair Mezzanine Capital Partners,
L.P., an Illinois limited partnership (the "Blair General Partner"), William
Blair & Company, L.L.C., an Illinois limited liability company ("Blair"),
Timothy J. MacKenzie ("MacKenzie"), Terrence M. Shipp ("Shipp") and Marc J.
Walfish ("Walfish") in connection with their interest in the common stock, $0.01
par value per share (the "Common Stock") of Eagle Pacific Industries, Inc.
(f/k/a Black Hawk Holdings, Inc.), a Minnesota corporation ("Issuer").
The principal executive offices of Issuer are located at 333 South
Seventh Street, Suite 2430, Minneapolis, Minnesota 55402.
Item 2. Identity and Background.
-----------------------
(a) Pursuant to Rule 13d-1(k)(1) of Regulation 13D-G under the
Securities Exchange Act of 1934, as amended (the "Act"), the undersigned hereby
file this Amendment No. 3 to Schedule 13D on behalf of the Mezzanine Fund, the
Blair General Partner, Blair, MacKenzie, Shipp and Walfish. The Mezzanine Fund,
Blair General Partner, Blair, MacKenzie, Shipp and Walfish are sometimes
hereinafter referred to as the "Reporting Persons." The Reporting Persons are
making this single, joint filing because they may be deemed to constitute a
"group" within the meaning of Section 13d-5(b)(1) of the Act, although neither
the fact of this filing nor anything contained herein shall be deemed to be an
admission by the Reporting Persons that a "group" exists.
(b) - (c)
Mezzanine Fund
--------------
The Mezzanine Fund is an Illinois limited partnership, the principal
business of which is that of a private investment partnership. The principal
business address of the Mezzanine Fund, which also serves as its principal
office, is 222 West Adams Street, Chicago, Illinois 60606. Pursuant to
Instruction C to Schedule 13D of the Act, certain information with respect to
Blair General Partner, the sole general partner of the Mezzanine Fund, is set
forth below.
Blair General Partner
---------------------
The Blair General Partner is an Illinois limited partnership, the
principal business of which is serving as the sole general partner of the
Mezzanine Fund. The principal address of the Blair General Partner, which also
serves as its principal office, is 222 West Adams Street, Chicago, Illinois
60606. Pursuant to Instruction C to Schedule 13D of the Act, certain information
with respect to Blair, MacKenzie, Shipp and Walfish, the general partners of the
Blair General Partner, is set forth below.
Blair
-----
Blair is an Illinois limited liability company, the principal business
of which is providing a wide range of financial services to businesses,
governments, financial institutions and individuals, primarily in the United
States. The principal address of the Blair, which also serves as its principal
office, is 222 West
8 of 19
<PAGE> 9
Adams Street, Chicago, Illinois 60606. Pursuant to Instruction C to Schedule 13D
of the Act, certain information with respect to the principals of Blair is set
forth on Schedule I attached hereto and incorporated herein by this reference.
MacKenzie
---------
MacKenzie's business address is 222 West Adams Street, Chicago,
Illinois 60606. His present principal occupation is serving as a general partner
of the Blair General Partner and as a principal of Blair.
Shipp
-----
Shipp's business address is 222 West Adams Street, Chicago, Illinois
60606. His present principal occupation is serving as a managing partner of the
Blair General Partner and as a principal of Blair.
Walfish
-------
Walfish's business address is 222 West Adams Street, Chicago, Illinois
60606. His present principal occupation is serving as a managing partner of the
Blair General Partner and as a principal of Blair.
(d) None of the entities or persons identified in this Item 2 has,
during the last five years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) None of the entities or persons identified in this Item 2 has,
during the last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
(f) The Mezzanine Fund, the Blair General Partner and Blair are all
Illinois entities. All of the natural persons identified in this Item 2 are
citizens of the United States except as otherwise indicated.
Item 3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
Not applicable.
Item 4. Purpose of Transaction.
----------------------
By virtue of the sale of shares of Common Stock on June 5, 2000, the
Reporting Persons ceased to be the beneficial owners of more than five percent
of the shares of Common Stock of the Issuer.
9 of 19
<PAGE> 10
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a)
Mezzanine Fund
--------------
The aggregate number of shares of Common Stock that the Mezzanine Fund
owns beneficially, pursuant to Rule 13d-3 of the Act, is 382,000 which
constitutes approximately 4.9% of the outstanding shares of Common Stock.
Blair General Partner
---------------------
As the sole general partner of the Mezzanine Fund, the Blair General
Partner may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial
owner of 382,000 shares of Common Stock, which constitutes approximately 4.9% of
the outstanding shares of Common Stock. The Blair General Partner disclaims
beneficial ownership of all such shares of Common Stock.
Blair
-----
As a general partner of the Blair General Partner, Blair may, pursuant
to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 382,000 shares
of Common Stock, which constitutes approximately 4.9% of the outstanding shares
of Common Stock. Blair disclaims beneficial ownership of all such shares of
Common Stock.
MacKenzie
---------
As a general partner of the Blair General Partner, MacKenzie may,
pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of
382,000 shares of Common Stock, which constitutes approximately 4.9% of the
outstanding shares of Common Stock. MacKenzie disclaims beneficial ownership of
all such shares of Common Stock.
Shipp
-----
As a managing partner of the Blair General Partner, Shipp may, pursuant
to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 382,000 shares
of Common Stock, which constitutes approximately 4.9% of the outstanding shares
of Common Stock. Shipp disclaims beneficial ownership of all such shares of
Common Stock.
Walfish
-------
As a managing partner of the Blair General Partner, Walfish may,
pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of
382,000 shares of Common Stock, which constitutes approximately 4.9% of the
outstanding shares of Common Stock. Walfish disclaims beneficial ownership of
all such shares of Common Stock.
10 of 19
<PAGE> 11
(b)
Mezzanine Fund
--------------
Acting through its sole general partner, the Mezzanine Fund has the
sole power to dispose or to direct the disposition of 382,000 shares of Common
Stock. Sole voting power with respect to the 382,000 shares of Common Stock is
exercised by the Issuer pursuant to an Irrevocable Proxy (the "Proxy") which was
filed as an Exhibit to Amendment No. 2 to the Schedule 13D.
Blair General Partner
---------------------
Acting through its general partners and in its capacity as the sole
general partner of the Mezzanine Fund, the Blair General Partner has the sole
power to dispose or to direct the disposition of 382,000 shares of Common Stock.
Sole voting power with respect to the 382,000 shares of Common Stock is
exercised by the Issuer pursuant to the Proxy.
Blair
-----
Acting through its principals and in its capacity as a general partner
of the Blair General Partner, which is the sole general partner of the Mezzanine
Fund, Blair may be deemed to have shared power with MacKenzie, Shipp and Walfish
(as the other general partners of Blair General Partner) to dispose or to direct
the disposition of 382,000 shares of Common Stock held by the Mezzanine Fund.
Sole voting power with respect to the 382,000 shares of Common Stock is
exercised by the Issuer pursuant to the Proxy.
MacKenzie
---------
As a general partner of the Blair General Partner, which is the sole
general partner of the Mezzanine Fund, MacKenzie may be deemed to have shared
power with Blair, Shipp and Walfish (as the other general partners of the Blair
General Partner) to dispose or to direct the disposition of 382,000 shares of
Common Stock held by the Mezzanine Fund. Sole voting power with respect to the
382,000 shares of Common Stock is exercised by the Issuer pursuant to the Proxy.
Shipp
-----
As a managing partner of the Blair General Partner, which is the sole
general partner of the Mezzanine Fund, Shipp may be deemed to have shared power
with MacKenzie, Blair and Walfish (as the other general partners of the Blair
General Partner) to dispose or to direct the disposition of 382,000 shares of
Common Stock held by the Mezzanine Fund. Sole voting power with respect to the
382,000 shares of Common Stock is exercised by the Issuer pursuant to the Proxy.
Walfish
-------
As a managing partner of the Blair General Partner, which is the sole
general partner of the Mezzanine Fund, Walfish may be deemed to have shared
power with MacKenzie, Blair and Shipp (as the other general partners of the
Blair General Partner) to dispose or to direct the disposition of 382,000 shares
of Common Stock held by the Mezzanine Fund. Sole voting power with respect to
the 382,000 shares of Common Stock is exercised by the Issuer pursuant to the
Proxy.
11 of 19
<PAGE> 12
(c) Except as set forth in Item 4 above, to the best of the knowledge
of each of the Reporting Persons, none of the persons named in response to
paragraph (a) of this Item 5 has effected any other transactions in Common Stock
during the past sixty (60) days.
(d) None.
(e) As of June 5, 2000, the Reporting Persons ceased to be the
beneficial owner of more than five percent of the shares of Common Stock of the
Issuer.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
of the Securities of the Issuer.
---------------------------------------------------------------------
Except as set forth herein or in the Exhibits filed with the original
Schedule 13D, Amendment No. 1 to such Schedule 13D or Amendment No. 2 to such
Schedule 13D, there are no contracts, arrangements, understandings or
relationships of the type required to be disclosed in response to Item 6 of
Schedule 13D of the Act with respect to the shares owned by the Reporting
Persons.
Item 7. Materials to be Filed as Exhibits.
---------------------------------
None.
12 of 19
<PAGE> 13
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: June 12, 2000 WILLIAM BLAIR MEZZANINE CAPITAL FUND, L.P., an
Illinois Limited Partnership
By: William Blair Mezzanine Capital Partners,
L.P., its General Partner
By: /s/ Terrance M. Shipp
---------------------
Name: Terrance M. Shipp
Title: A General Partner
WILLIAM BLAIR MEZZANINE CAPITAL PARTNERS, L.P.
By: /s/ Terrance M. Shipp
----------------------
Name: Terrance M. Shipp
Title: A General Partner
WILLIAM BLAIR & COMPANY, L.L.C.
By: /s/ Stephen Campbell
----------------------
Name: Stephen Campbell
Title: A Principal
TIMOTHY J. MACKENZIE
/s/ Timothy J. MacKenzie
------------------------
Timothy J. MacKenzie
TERRANCE M. SHIPP
/s/ Terrance M. Shipp
------------------------
Terrance M. Shipp
MARC J. WALFISH
/s/ Marc J. Walfish
------------------------
Marc J. Walfish
13 of 19
<PAGE> 14
EXHIBIT A
Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General
Rules and Regulations under the Securities Exchange Act of 1934, as amended, the
undersigned agree that the statement to which this Exhibit is attached is filed
on behalf of each of them in the capacities set forth below.
Dated: June 12, 2000 WILLIAM BLAIR MEZZANINE CAPITAL FUND, L.P., an
Illinois Limited Partnership
By: William Blair Mezzanine Capital Partners,
L.P., its General Partner
By: /s/ Terrance M. Shipp
---------------------
Name: Terrance M. Shipp
Title: A General Partner
WILLIAM BLAIR MEZZANINE CAPITAL PARTNERS, L.P.
By: /s/ Terrance M. Shipp
----------------------
Name: Terrance M. Shipp
Title: A General Partner
WILLIAM BLAIR & COMPANY, L.L.C.
By: /s/ Stephen Campbell
----------------------
Name: Stephen Campbell
Title: A Principal
TIMOTHY J. MACKENZIE
/s/ Timothy J. MacKenzie
------------------------
Timothy J. MacKenzie
TERRANCE M. SHIPP
/s/ Terrance M. Shipp
------------------------
Terrance M. Shipp
MARC J. WALFISH
/s/ Marc J. Walfish
------------------------
Marc J. Walfish
14 of 19
<PAGE> 15
SCHEDULE I
WILLIAM BLAIR & COMPANY, L.L.C.
PRINCIPALS AS OF JUNE 12, 2000
A. The following principals all have a business address of:
William Blair & Company, L.L.C.
222 West Adams Street
Chicago, Illinois 60606
Name Citizenship
---- -----------
JAMES J. ARADO USA
STEVEN J. ASHBY USA
NOLAN H. BAIRD, JR. USA
MICHAEL P. BALKIN USA
SHEZAD K. BANDUKWALA USA
JAMES L. BARBER USA
JOHN A. BARONE USA
MICHAEL W. BARONE USA
ROBERT R. BARTELS USA
ROSS BAUMGARTEN USA
BOWEN BLAIR USA
EDWARD McC. BLAIR USA
EDWARD McC. BLAIR, JR. USA
ROBERT D. BLANK USA
MARK G. BRADY USA
JOHN J. BRANSFIELD, JR. USA
TERRELL G. BRESSLER USA
ROBERT C. BRIDGES USA
KATHLEEN WIELAND BROWN USA
KENTON BROWN USA
HARVEY H. BUNDY, III USA
W. NEWTON BURDICK, III USA
TIMOTHY L. BURKE USA
JOSEPH J. BURRELLO USA
GEORGE K. BUSSE USA
STEPHEN CAMPBELL USA
RUSSELL R. CAMPION USA
THOMAS F. CAMPION USA
ELLEN CARNAHAN USA
ROBERT W. CARTWRIGHT USA
CANDIDA M. CASEY USA
DAVID G. CHANDLER USA
MARC W. CHRISTMAN USA
E. DAVID COOLIDGE, III USA
CHRISTOPHER A. COTTER USA
THOMAS J. CROGHAN USA
MICHAEL T. DAVIS USA
EDWARD J. DELIN USA
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PETER A. DOERR USA
KELLEY R. DRAKE USA
JOHN M. DRAPER USA
STEPHEN E. ELKINS USA
JOHN R. ETTELSON USA
CHRISTINE N. EVANS KELLY USA
DAVID T. FARINA USA
FRANCIS C. FARWELL USA
BRENT FELITTO USA
F. CONRAD FISCHER USA
FREDERICK FISCHER USA
GARY J. FISHER USA
ROBERT C. FIX USA
RICHARD M. FRADIN USA
PAUL W. FRANKE USA
CHARLES W. FREEBURG USA
TINA M. FREY USA
MARK A. FULLER, III USA
ABHISHEK S. GAMI USA
JOHN R. GARDNER USA
MICHAEL D. GENTILE USA
JOEL K. GOMBERG USA
RICHARD D. GOTTFRED USA
JOHN K. GREENE USA
THOMAS L. GREENE USA
W. GEORGE GREIG USA
J. TERRY HEATH USA
DWIGHT E. HELM USA
ELIZABETH M. HENNESSY USA
JAMES P. HICKEY USA
CHARLES H. HODGES, IV USA
JOHN P. HUBER USA
MORTIMER G. HUBER USA
WILLIAM IANNESSA USA
STEPHEN D. JACOBSON USA
EDGAR D. JANNOTTA USA
JOHN JOSTRAND USA
RICHARD S. KAPLAN USA
THEODORE C. KAUSS, JR. USA
JOHN P. KAYSER USA
KATHLEEN KIDDER USA
RICHARD M. KING USA
RICHARD P. KIPHART USA
JAMES S. KOWSKI USA
CHARLES J. KRAFT, III USA
ANTHONY J. KRISS USA
ALBERT J. LACHER Switzerland
JOSEPH F. LaMANNA USA
LOUISE LANE USA
ROBERT C. LANPHIER, IV USA
IAN LARKIN USA
CONSTANCE S. LASH USA
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ALAN A. LAZZARA USA
LAURA J. LEDERMAN USA
DANIEL B. LIDAWER USA
DAVID K. MABIE USA
JAMES W. MABIE USA
TIMOTHY J. MacKENZIE USA
EARL L. MANNS USA
KELLY J. MARTIN USA
LOUI L. MARVER USA
CHARLES M. McDONALD USA
JAMES D. McKINNEY USA
CARLETTE C. McMULLAN USA
JAMES M. McMULLAN USA
JEFFREY S. MEDFORD USA
ARDA M. MINOCHERHOMJEE USA
COREY A. MINTURN USA
JUDITH B. MORLEY USA
RICHARD F. MORRIS USA
DAVID W. MORRISON USA
TERRENCE G. MULDOON USA
TIMOTHY M. MURRAY USA
BENTLEY M. MYER USA
ROBERT D. NEWMAN USA
GREGG S. NEWMARK USA
JOHN P. NICHOLAS USA
DANIEL J. NICHOLS USA
DAVID F. NYREN USA
DAVID G. O'NEILL USA
JOHN F. O'TOOLE USA
R. SCOTT PATTERSON USA
WILLIAM T. PATTERSON USA
WILLIAM G. PERLITZ USA
DAVID C. PHILLIPS USA
MICHAEL A. PITT USA
THOMAS S. POSTEK USA
GREGORY J. PUSINELLI USA
PETER RAPHAEL USA
PHILLIP W. REITZ USA
DAVID RICCI USA
WILLIAM J. RODDY USA
ERIC B. ROWLEY USA
STEVEN M. RYAN USA
ALFRED J. SALVINO USA
THOMAS J. SALVINO USA
MICHELLE SEITZ USA
NEAL L. SELTZER USA
BARBARA J. SEMENS USA
WILLIAM B. SEMMER USA
RICHARD K. SHEINER USA
TERRANCE M. SHIPP USA
ARTHUR J. SIMON USA
CHRISTOPHER R. SPAHR USA
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RITA J. SPITZ USA
JOHN B. STEBBINS USA
THOMAS H. STORY USA
RAYMOND J. TEBOREK USA
MARK A. TIMMERMAN USA
NORBERT W. TRUDERUNG USA
W. JAMES TRUETTNER, JR. USA
LAURA VAN PEENAN USA
MARC J. WALFISH USA
BENNET WANG USA
JAMES E. WASHBURN USA
DANIEL A. WEISS USA
DANIEL J. WILSON USA
ROBERT V. WITTIG USA
B. The following principal has a business address of:
William Blair & Company, L.L.C.
Two Embarcedero Center, Suite 2320
San Francisco, California 94111
Name Citizenship
---- -----------
RONALD D. EMERICK USA
MARK McNAY USA
C. The following principals have a business address of:
William Blair & Company, L.L.C.
Mitteldorf I
9400 Vaduz
Principality of Liechtenstein
Name Citizenship
---- -----------
KURT L. BUECHEL Principality of
Liechtenstein
D. The following principals have a business address of:
William Blair & Company, L.L.C.
3 St. Helen's Place
London EC3A 6AU, England
Name Citizenship
---- -----------
JOHN A. FORDHAM United Kingdom
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E. The following principals have a business address of
William Blair & Company, L.L.C.
Stockerstrasse 46
8039 Zurich, Switzerland
Name Citizenship
---- -----------
CHRISTOPH B. FUCHS Switzerland
F. The principal business of William Blair & Company, L.L.C., is as an
investment banker, securities broker/dealer and investment manager.
All of the principals listed above, except as noted below, have as
their principal occupations one or more of these activities or the
administrative support for these activities.
MacKenzie, Shipp and Walfish are also general partners of William Blair
Mezzanine Capital Partners, L.P.
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