<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 2)
(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)
HYBRID NETWORKS, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $0.001 Par Value Per Share
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(Title of Class of Securities)
44860K102
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(CUSIP Number)
Stephen E. Halprin Edwin Lowe, Esq.
OSCCO Management Partners III Fenwick & West LLP
12 Hawk View Two Palo Alto Square
Portola Valley, CA 94028 Palo Alto, CA 94306
(650) 494-0600
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
December 1999
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(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 / /.
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 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
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SCHEDULE 13D
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
OSCCO III, L.P. 94-3100071
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of California
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 330,231
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED Not Applicable
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 330,231
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
OSCCO MANAGEMENT PARTNERS III 94-3100206
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of California
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 330,231
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED Not Applicable
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 330,231
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
Not applicable
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
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</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STEPHEN E. HALPRIN SS# ###-##-####
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF Not Applicable
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 330,231
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING Not Applicable
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
F. Ward Paine SS # ###-##-####
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF Not Applicable
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 330,231
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING Not Applicable
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jonathan C. Baer SS # ###-##-####
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF Not Applicable
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 330,231
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING Not Applicable
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
330,231
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
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<PAGE>
This Amendment No. 2 to Schedule 13D is filed by OSCCO III, L.P., a
California limited partnership ("OSCCO"), OSCCO Management Partners III, a
California general partnership and general partner of OSCCO ("OSCCO
MANAGEMENT"), and Stephen E. Halprin, F. Ward Paine and Jonathan C. Baer, all
being general partners of OSCCO Management (collectively, the "GENERAL
PARTNERS," and together with OSCCO and OSCCO Management, the "REPORTING
PERSONS"), in connection with the distribution by OSCCO of 432,013 shares (the
"SHARES") of Common Stock, $0.001 par value per share (the "COMMON STOCK"), of
Hybrid Networks, Inc. (the "ISSUER") to its limited partners in December 1999.
This Amendment No. 2 to Schedule 13D amends the Schedule 13D filed by
the Reporting Persons on November 9, 1999, as amended on November 17, 1999.
Except as otherwise indicated, all defined terms shall have the meaning ascribed
to such terms in the Schedule 13D, as amended.
The purpose of this Amendment No. 2 to Schedule 13D is to report the
distribution of the Shares by OSCCO to its limited partners. As a result of
such distribution, none of the Reporting Persons beneficially owns more than
5% of the Common Stock of the Issuer.
5. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) and (b) In December 1999, OSSCO distributed the Shares to its
limited partners. Accordingly, as of the date of this statement each
Reporting Person beneficially owns only 330,231 shares of Common Stock
(including the Common Stock issuable upon conversion of the debentures and
exercise of the warrants owned by OSCCO), representing less than 5% of the
shares of Common Stock outstanding as of December 31, 1999. Thus, the
Reporting Persons are no longer subject to the reporting obligations under
Rule 13d-1 of the Securities Act of 1933, as amended.
(c) In December 1999, OSCCO distributed the Shares to its limited
partners. No other Reporting Person has effected a transaction in the Common
Stock during the sixty days preceding the date of this Schedule 13D.
(d) Not applicable.
(e) In December 1999, each Reporting Person ceased to be a beneficial
owner of more than 5% of the Common Stock of Issuer.
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<PAGE>
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.
OSCCO III, L.P.
By: OSCCO Management Partners III
Its: General Partner
By: /s/ STEPHEN E. HALPRIN
----------------------------
Stephen E. Halprin
Its: General Partner
OSCCO MANAGEMENT PARTNERS III
By: /s/ STEPHEN E. HALPRIN
----------------------------
Stephen E. Halprin
Its: General Partner
STEPHEN E. HALPRIN
/s/ STEPHEN E. HALPRIN
- -------------------------
F. WARD PAINE
/S/ F. WARD PAINE
- -------------------------
JONATHAN C. BAER
/s/ JONATHAN C. BAER
- -------------------------
Date: January 13, 2000
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