<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
OMB NUMBER 3235-0145
EXPIRES: DECEMBER 31, 1997
ESTIMATED AVERAGE BURDEN HOURS PER
RESPONSE.................... 14.90
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __)*
Trikon Technologies, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
896187101
-----------------------------------------
(CUSIP Number)
Jeffrey J. Brown, Forrest Binkley & Brown
800 Newport Center Drive, Suite 725, Newport Beach, CA (714) 729-3222
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
August 11, 1997
-------------------------------------------------------------
(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(b)(3) or (4), check the following box [ ].
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) 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).
SEC 1746 (12-91)
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 896187101 PAGE 2 OF 13 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SBIC Partners, L.P.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,343,789
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 1,343,789
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,343,789
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
7.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 13 pages
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 896187101 PAGE 3 OF 13 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Forrest Binkley & Brown L.P.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,343,789
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 1,343,789
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,343,789
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
7.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 13 pages
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 896187101 PAGE 4 OF 13 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Forrest Binkley & Brown Venture Co.
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,343,789
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY -0-
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 1,343,789
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,343,789
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
7.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 13 pages
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 896187101 PAGE 5 OF 13 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory J. Forrest
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,343,789
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,343,789
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,343,789
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
7.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 13 pages
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 896187101 PAGE 6 OF 13 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nicholas B. Binkley
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,343,789
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,343,789
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,343,789
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
7.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 6 of 13 pages
<PAGE>
SCHEDULE 13D
- ----------------------- ---------------------
CUSIP NO. 896187101 PAGE 7 OF 13 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jeffrey J. Brown
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [_]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF -----------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,343,789
EACH ----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,343,789
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,343,789
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
7.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 7 of 13 pages
<PAGE>
Item 1. Security and Issuer
-------------------
This Statement on Schedule 13D (the "Schedule 13D") relates to the
Common Stock, no par value per share, CUSIP Number 896187101 (the "Common
Stock"), of Trikon Technologies, Inc., a California corporation (the "Issuer"),
which has its principal executive offices at 9255 Deering Avenue, Chatsworth,
California 91311.
Item 2. Identity and Background
-----------------------
The persons filing this Schedule 13D are SBIC Partners, L.P., a Texas
limited partnership ("SBIC Partners"), Forrest Binkley & Brown L.P., a Texas
limited partnership ("FBB"), Forrest Binkley & Brown Venture Co., a Texas
corporation ("Venture Co."), Gregory J. Forrest, Nicholas B. Binkley and Jeffrey
J. Brown (collectively, the "Filing Persons"). Messrs. Forrest, Binkley and
Brown are each executive officers, directors and shareholders of Venture Co.,
which is the sole general partner of FBB, the managing general partner of SBIC
Partners. The business address of each of SBIC Partners, FBB and Venture Co. is
201 Main Street, Suite 2302, Fort Worth, Texas 76102 and the business address of
each of Messrs. Forrest, Binkley and Brown is 800 Newport Center Drive, Suite
725, Newport Beach, California 92660. SBIC Partners is a small business
investment company licensed by the U.S. Small Business Administration (the
"SBA").
The Filing Persons are in the business of investing in privately-
issued securities.
During the last five years, none of the Filing Persons has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors). During the last five years, none of the Filing Persons was 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.
Pursuant to the terms of that certain Stock Purchase Agreement dated
as of June 27, 1997 (the "Stock Purchase Agreement") by and among the Issuer and
the persons listed on Schedule 1 thereto, as of August 11, 1997 SBIC Partners
acquired 296,296 shares of Trikon's Series G Preferred Stock at a purchase price
of $6.75 per share, along with a presently exercisable three-year warrant to
purchase 88,889 shares of Common Stock at an exercise price of $8.00 per share
(the "Warrant"). Among other things, the Series G Preferred Stock is optionally
convertible on a share-for-share basis into shares of Common Stock, commencing
on September 30, 1997, and will be automatically converted into Common Stock on
June 30, 2000.
In connection with and a condition to the acquisition of shares of
Series G Preferred Stock from the Issuer, SBIC Partners (and all other
purchasers of Series G Preferred Stock) entered into a Voting Agreement dated as
of June 27, 1997 (the "Voting Agreement") with the Issuer. Pursuant to the
terms of the Voting Agreement, SBIC Partners agreed that, if a separate class
vote of the Series G Preferred Stock is required by law (rather than by the
Articles of Incorporation of the Issuer), and if the matter being presented to
the shareholders has been approved by the Board of Directors and approved by the
vote of the holders of the Common Stock and Series G Preferred Stock voting as a
single class, it would vote its shares of Series G Preferred Stock in favor of
such proposal when voting the Series G Preferred Stock as a separate class.
Page 8 of 13 pages
<PAGE>
Item 3. Source and Amount of Funds or Other Consideration
-------------------------------------------------
The funds used by SBIC Partners were derived from (a) capital
contributions made by the limited partners of SBIC Partners and/or (b) funds
from the issuance of participating securities by SBIC Partners to the SBA.
Item 4. Purpose of Transaction
----------------------
SBIC Partners acquired the shares of Series G Preferred Stock and the
Warrant for investment purposes only and does not presently have any plans or
proposals which relate to or would result in the realization of any of items (a)
through (j) of Item 4 of the Instructions to Schedule 13D.
Item 5. Interest in the Securities of the Issuer
----------------------------------------
A. The Filing Persons beneficially own 958,604 shares of Common
Stock, 296,296 shares of Series G Preferred Stock and 88,889 shares of Common
Stock underlying the Warrant, for an aggregate of 7.4% of the shares of Common
Stock outstanding.
B. SBIC Partners, FBB and Venture Co. have sole voting power with
respect to the shares of the capital stock of the Issuer held by SBIC Partners.
Messrs. Forrest, Binkley and Brown have shared voting power with respect to such
shares.
C. On June 30, 1997, the Issuer and SBIC Partners entered into a
Partnership Interest and Share Purchase Agreement (the "Settlement Agreement")
whereby SBIC Partners was issued 320,000 of Common Stock in consideration for
the settlement of any and all rights and claims that SBIC Partners may have had
against the Issuer in connection with a limited partnership formed in March 1996
to fund the research and development of chemical vapor deposition processes and
applications.
D. Not applicable.
E. Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
---------------------------------------------------------------------
to Securities of the Issuer
---------------------------
Reference is hereby made to the (a) Stock Purchase Agreement, (b)
Voting Agreement and (c) Settlement Agreement, each of which is described above.
Page 9 of 13 pages
<PAGE>
Item 7. Material to be Filed as Exhibits
--------------------------------
The Filing Persons file as exhibits the following:
Exhibit 1 Stock Purchase Agreement.*
---------
Exhibit 2 Form of Warrant.*
---------
Exhibit 3 Voting Agreement.*
---------
Exhibit 4 Settlement Agreement.*
---------
- -------------------------------
* Previously filed with the Securities and Exchange Commission as an exhibit to
the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30,
1997 and incorporated by referenced herein.
Page 10 of 13 pages
<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.
Dated: August 20, 1997 SBIC PARTNERS, L.P.,
a Texas limited partnership
By: Forrest Binkley & Brown L.P.,
a Texas limited partnership
Its: General Partner
By: Forrest Binkley & Brown Venture Co.,
a Texas corporation
Its: General Partner
By: /s/ Gregory J. Forrest
---------------------------
Gregory J. Forrest,
President
By: /s/ Nicholas B. Binkley
---------------------------
Nicholas B. Binkley,
President
By: /s/ Jeffrey J. Brown
---------------------------
Jeffrey J. Brown,
President
FORREST BINKLEY & BROWN L.P.,
a Texas limited partnership
By: Forrest Binkley & Brown Venture Co.,
a Texas corporation
Its: General Partner
By: /s/ Gregory J. Forrest
--------------------------------
Gregory J. Forrest,
President
By: /s/ Nicholas B. Binkley
--------------------------------
Nicholas B. Binkley,
President
By: /s/ Jeffrey J. Brown
---------------------------------
Jeffrey J. Brown,
President
Page 11 of 13 pages
<PAGE>
FORREST BINKLEY & BROWN VENTURE CO.,
a Texas corporation
By: /s/ Gregory J. Forrest
-------------------------------------
Gregory J. Forrest,
President
By: /s/ Nicholas B. Binkley
-------------------------------------
Nicholas B. Binkley,
President
By: /s/ Jeffrey J. Brown
-------------------------------------
Jeffrey J. Brown,
President
/s/ Gregory J. Forrest
------------------------------------------
Gregory J. Forrest
/s/ Nicholas B. Binkley
-----------------------------------------
Nicholas B. Binkley
/s/ Jeffrey J. Brown
-----------------------------------------
Jeffrey J. Brown
Page 12 of 13 pages
<PAGE>
EXHIBIT INDEX
EXHIBIT PAGE NO.
Exhibit 1 Stock Purchase Agreement.*
---------
Exhibit 2 Form of Warrant.*
---------
Exhibit 3 Voting Agreement.*
---------
Exhibit 4 Settlement Agreement.*
---------
- -------------------------------
* Previously filed with the Securities and Exchange Commission as an exhibit to
the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30,
1997 and incorporated by referenced herein.
179028.1
Page 13 of 13 pages
