<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Abacus Direct Corporation
- --------------------------------------------------------------------------------
(Name of Issuer)
Common
- --------------------------------------------------------------------------------
(Title of Class of Securities)
002553 10 5
------------------------------
(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).
(Continued on following page(s))
Page 1 of 10 Pages
<PAGE> 2
CUSIP NO. 002553 10 5 13G PAGE 2 OF 10 PAGES
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1 NAME OF REPORTING PERSON Charles River VI GP Limited Partnership
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
04-3049015
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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 OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
978,272
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY -----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 978,272
PERSON -----------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,272
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.6%
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12 TYPE OF REPORTING PERSON*
PN
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<PAGE> 3
CUSIP NO. 002553 10 5 13G PAGE 3 OF 10 PAGES
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1 NAME OF REPORTING PERSON Charles River Partnership VI
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
04-3049002
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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 OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 831,532
SHARES -----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 831,532
WITH -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
831,532
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.2%
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12 TYPE OF REPORTING PERSON*
PN
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<PAGE> 4
CUSIP NO. 002553 10 5 13G PAGE 4 OF 10 PAGES
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1 NAME OF REPORTING Richard M. Burnes, Jr.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
###-##-####
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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 OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
BENEFICIALLY 6 978,272
OWNED BY
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
978,272
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,272
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.6%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE> 5
CUSIP NO. 002553 10 5 13G PAGE 5 OF 10 PAGES
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1 NAME OF REPORTING Donald W. Feddersen.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
###-##-####
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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 OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 978,272
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
978,272
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,272
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.6%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE> 6
CUSIP NO. 002553 10 5 13G PAGE 6 OF 10 PAGES
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1 NAME OF REPORTING Michael J. Zak.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
###-##-####
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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 OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 978,272
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
978,272
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,272
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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
9.6%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE> 7
CUSIP. NO 002553 10 5 13G PAGE 7 OF 10 PAGES
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1 NAME OF REPORTING John T. Neises.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
###-##-####
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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 OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 978,272
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
978,272
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
978,272
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 8
SCHEDULE 13G Page 8 of 10 Pages
ITEM 1(a). Name of Issuer.
--------------
Abacus Direct Corporation.
ITEM 1(b). Address of Issuer's Principal Executive Offices.
-----------------------------------------------
8774 Yates Drive,
Westminister, CO, 80030
ITEM 2(a). Name of Person Filing.
---------------------
Charles River Partnership VI, Charles River VI GP Limited
Partnership Richard M. Burnes, Jr., Donald W. Feddersen,
John T. Neises and Michael J. Zak. Charles River VI GP
Limited Partnership is the general partner of Charles River
Partnership VI;. Messrs. Burnes,Feddersen, Neises and Zak are
the individual general partners of Charles River Partnership
VI GP Limited Partnership.
ITEM 2(b). Address of Principal Business Office or, if none, Residence.
-----------------------------------------------------------
The address of the principle business office of Charles River
Partnership VI, Charles River VI GP Limited Partnership and each of
Messrs. Burnes, Feddersen, Neises, and Zak is Charles River
Ventures, 1000 Winter Street, Suite 3300, Waltham, MA 02154
ITEM 2(c). Citizenship.
-----------
Charles River Partnership VI and Charles River VI GP Limited
Partnership are limited partnerships organized under the laws of
the state of Delaware. Each of Messrs. Burnes, Feddersen, Neises
and Zak is a United States Citizen.
ITEM 2(d). Title of Class of Securities.
----------------------------
Common Stock.
ITEM 2(e). CUSIP Number.
------------
002553 10 5
ITEM 3.
ITEM 4(a). Amount Beneficially Owned.
Charles River Partnership VI may be deemed to own beneficially
and of record 831,532 shares of Common Stock as of
December 31, 1996. Charles River VI GP Limited Partnership,
Richard M. Burnes, Jr., Donald W. Feddersen, Michael J. Zak and
John T. Neises may be deemed to own beneficially 978,272 shares of
Common Stock as of December 31, 1996.
ITEM 4(b). Percent of Class.
Charles River Partnership VI - 8.2%; Charles River VI GP Limited
Partnership - 9.6%; Richard M. Burnes Jr. - 9.6%; Donald W.
Feddersen - 9.6%; Michael J. Zak - 9.6%; and John T. Neises - 9.6%
(based on 10.138.201 shares of Common Stock reported to be
outstanding in the 12/31/96 earnings release).
ITEM 4(c). Number of shares as to which such person has.
(i) sole power to vote or direct the vote:
Charles River Partnership VI: 831,532 shares;
Charles River VI GP Limited Partnership VI-A: 978,272 shares;
Mr. Burnes: 0 shares;
Mr. Feddersen: 0 shares;
Mr. Neises: 0 shares;
Mr. Zak: 0 shares.
(ii) shared power to vote or to direct the vote:
Charles River Partnership VI: 0 shares;
Charles River VI GP Limited Partnership: 978,272;
Mr. Burnes: 978,272 shares;
Mr. Feddersen: 978,272 shares;
Mr. Neises: 978,272 shares.
Mr. Zak: 978,272 shares
(iii) sole power to dispose or direct the disposition of:
Charles River Partnership VI: 831,532 shares;
Charles River VI GP Limited Partnership: 978,272 shares;
Mr. Burnes: 0 shares;
Mr. Feddersen: 0 shares;
Mr. Neises: 0 shares;
Mr. Zak: 0 shares.
(iv) shared power to dispose or to direct the disposition of:
Charles River Partnership VI: 0 shares;
Charles River VI GP Limited Partnership: 978,272 shares;
Mr. Burnes: 978,272 shares;
Mr. Feddersen: 978,272 shares;
Mr. Neises: 978,272 shares;
Mr. Zak: 978,272 shares
Each of Messrs. Burnes, Feddersen, Neises, and Zak expressly disclaims
beneficial ownership of the 831,532 shares of Common Stock held of record by
Charles River Partnership VI and the 146,740 shares of common stock held of
record by Charles River Partnership VI-A for which he does not have a pecuniary
interest..
<PAGE> 9
SCHEDULE 13G Page 9 of 11 Pages
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.
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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.
-------------
Not Applicable
<PAGE> 1
EXHIBIT 1 13G PAGE 10 of 11 PAGES
AGREEMENT
Pursuant to Rule 13d-1 (f) (1) under the Securities and Exchange Act of
1934, the undersigned hereby agree that only one statement containing the
information required by Schedule 13G need be filed with respects to the
ownership by each of the undersigned of shares of Corporation.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
Executed this 10th day of February, 1996
Dated: February 10, 1996
Charles River Partnership VI
By: Charles River VI GP Limited Partnership
By: signed____________________
Richard M. Burnes, Jr.
Authorized General Partner
Charles River VI GP Limited Partnership
By: signed____________________
Richard M. Burnes, Jr.
Authorized General Partner
signed__________________________
Richard M. Burnes, Jr.
signed__________________________
Donald W. Feddersen
signed__________________________
John T. Neises
signed__________________________
Michael J. Zak
<PAGE> 1
EXHIBIT 2 13G Page 11 of 11 Pages
REPORTING PERSON RELATIONSHIPS
On December 31, 1996, Charles River Partnership VI ("CRP VI") was the
registered holder of 831,532 shares of Abacus Direct Corporation. common stock.
Its "sister" venture capital partnership, Charles River Partnership VI-A ("CRP
VI-A"), was the registered holder of 146,740 shares of Abacus Direct
Corporation common stock. The general partner of both CRP VI and CRP VI-A is
Charles River VI GP Limited Partnership ("CRP VI GP"). The individual general
partners of CRP VI GP are Richard M. Burnes, Jr., Donald W. Feddersen, John T.
Neises and Michael J. Zak. CRP VI GP and Messrs. Burnes, Feddersen, Neises and
Zak disclaims beneficial ownership of the shares held by CRP VI and CRP VI-A
for which it / he does not have a pecuniary interest.
