SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)*
Flextronics International
-------------------------
(Name of Issuer)
Common
------
(Title of Class of Securities)
Y2573F102
---------
(CUSIP Number)
*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
1334 ("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 1 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 2 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SEQUOIA CAPITAL GROWTH FUND 95-4107950
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) x
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH -0-
REPORTING PERSON WITH
------- ----------------------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
709,540 788,985
------- ----------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
------- ----------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
709,540 788,985
- ---------------------------- ------- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
709,540 788,985
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.3% 4.2%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 2 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 3 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SEQUOIA PARTNERS (CF) 95-4107954
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) x
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
709,540 788,985
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
709,540 788,985
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
709,540 788,985
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.3% 4.2%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No.Y2573F102 13G Page 4 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SEQUOIA TECHNOLOGY PARTNERS III 95-4121745
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) x
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
45,291 50,362
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
45,291 50,362
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
45,291 50,362
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
Less than 1% Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 4 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 5 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SEQUOIA CAPITAL VII 94-3240153
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
80,167
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
80,167
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,167
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 5 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 6 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SC VII-A MANAGEMENT LLC 94-3240154
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
80,167
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
80,167
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,167
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 6 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 7 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SEQUOIA TECHNOLOGY PARTNERS VII 77-0428059
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
3,900
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,900
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,900
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 7 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 8 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SEQUOIA 1995 95-4546054
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
2,600
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,600
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,600
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 8 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 9 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
THOMAS STEPHENSON
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
754,831 926,014
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
754,831 926,014
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
754,831 926,014
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.7% 4.9%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 9 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 10 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
DONALD VALENTINE
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ---------------------------- ----------- ----- ------------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- ------------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
754,831 839,347
----- ------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
----- ------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
754,831 839,347
- ---------------------------- ----------- ----- ------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
754,831 839,347
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.7% 4.5%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 10 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 11 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MICHAEL MORITZ
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UK
- ---------------------------- ----------- ----- ------------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER FILED 2/97 AMENDMENT 2/98
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH 36,000 34,566
----- ------------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
754,831 926,014
----- ------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
36,000 34,566
----- ------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
754,831 926,014
- ---------------------------- ----------- ----- ------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
790,831 960,580
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.9% 5.1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 11 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 12 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
GORDON RUSSELL
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
754,831 839,347
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
754,831 839,347
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
754,831 839,347
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.7% 4.5%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 12 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 13 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
PIERRE LAMOND
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER FILED 2/97 AMENDMENT 2/98
754,831 839,347
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER FILED 2/97
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER FILED 2/97 AMENDMENT 2/98
754,831 839,347
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON FILED 2/97 AMENDMENT 2/98
754,831 839,347
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 FILED 2/97 AMENDMENT 2/98
5.7% 4.5%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 13 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 14 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Douglas Leone
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
86,667
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
86,667
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
86,667
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 14 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 15 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
J. Thomas McMurray
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
86,667
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
86,667
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
86,667
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 15 of 20
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
- ----------------------------------------------------- -----------------------------------------
CUSIP No. Y2573F102 13G Page 16 of 20 Pages
- ----------------------------------------------------- -----------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Mark Stevens
- ------------- ---------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o
(b) X
- ------------- ---------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH -0-
----- -----------------------------------------------------------------------------------
6 SHARED VOTING POWER
86,667
----- -----------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----- -----------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
86,667
- ----------------------------- ----------- ----- -----------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
86,667
- ------------- ---------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------- ---------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 1%
- ------------- ---------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 16 of 20
<PAGE>
(a) Name of Issuer: Flextronics International
.
(b) Address of Issuer's Principal Executive Offices:
2241 Lundy Avenue
San Jose, California 95131
Item 2.
(a) Name of Persons Filing: Sequoia Capital Growth Fund ("SCGF")
Sequoia Partners (CF)
("SP(CF)")
Sequoia Technology Partners
III("STP III")
Sequoia Capital VII
("SC VII")
SC VII-A Management LLC
("SC VII-A")
Sequoia Technology Partners
VII ("STP VII")
Pierre Lamond ("PL")
Donald T. Valentine ("DTV")
Thomas F. Stephenson
("TFS")
Gordon Russell ("GR")
Michael Moritz ("MM")
Douglas Leone ("DML")
J. Thomas McMurray ("TM")
Mark Stevens ("MS")
SP(CF) is the General Partner of SCGF. PL, DTV, TFS, MM, and GR are
General Partners of SP(CF) and STP III.
SC VII-A is the General Partner of SC VII. TFS, MM, DML, TM and MS are
General Partners of SC VII-A and STP VII.
(b) Address of Principal Business Office or, if None, Residence:
3000 Sand Hill Road
Building 4, Suite 280
Menlo Park, CA 94025
(c) Citizenship:
SCGF, SP(CF), STP III: California
PL, DTV, TFS, GR: United States; MM:
UK
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number: Y2573F102
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
See Rows 5 through 11 of cover pages
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following: [X]
Instruction. Dissolution of a group requires a response to this item.
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
Page 17 of 20
<PAGE>
Not applicable
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
[The following certification shall be included if the statement is
filed pursuant to Rule 13d-1(b):]
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 purpose of and do not have the effect 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 transaction having
such purpose or effect.]
[EXHIBITS]
[A: Joint Filing Statement]
Page 18 of 20
<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.
Date: February 7, 1997
SEQUOIA CAPITAL GROWTH FUND SEQUOIA CAPITAL VII
By its General Partner, By SC VII-A Management LLC
Sequoia Partners (CF)
--------------------------------
SEQUOIA TECHNOLOGY PARTNERS III Michael Moritz, Managing Member
- -------------------------------- SEQUOIA TECHNOLOGY PARTNERS VII
Thomas Stephenson, General Partner
--------------------------------
Thomas F. Stephenson
- --------------------------------
Pierre Lamond
--------------------------------
Michael Moritz
- --------------------------------
Donald T. Valentine
--------------------------------
Douglas Leone
- --------------------------------
Thomas F. Stephenson
--------------------------------
Mark Stevens
- --------------------------------
Gordon Russell
--------------------------------
J. Thomas McMurray
- --------------------------------
Michael Moritz
Page 19 of 20
<PAGE>
EXHIBIT A
JOINT FILING STATEMENT
Pursuant to Rule 13d-1(f)(1), we, the undersigned, hereby express our
agreement that the attached Schedule 13G is filed on behalf of each of us.
Date: February 7, 1997
SEQUOIA CAPITAL GROWTH FUND SEQUOIA CAPITAL VII
By its General Partner, By SC VII-A Management LLC
Sequoia Partners (CF)
--------------------------------
SEQUOIA TECHNOLOGY PARTNERS III Michael Moritz, Managing Member
- -------------------------------- SEQUOIA TECHNOLOGY PARTNERS VII
Thomas Stephenson, General Partner
--------------------------------
Thomas F. Stephenson
- -------------------------------- --------------------------------
Pierre Lamond Michael Moritz
- -------------------------------- --------------------------------
Donald T. Valentine Douglas Leone
- -------------------------------- --------------------------------
Thomas F. Stephenson Mark Stevens
- -------------------------------- --------------------------------
Gordon Russell J. Thomas McMurray
- --------------------------------
Michael Moritz
Page 20 of 20
