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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Heartport, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
421969106
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(CUSIP Number)
December 11, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|X| Rule 13d-1(b)
|_| Rule 13d-1(c)
|_| Rule 13d-1(d)
*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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
Page 1 of 5
<PAGE>
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CUSIP NO. 421969106 13G
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Jundt Associates, Inc.
41-1436485
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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
Minnesota
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5 SOLE VOTING POWER
NUMBER OF
4,427,400
SHARES
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH ---------- ----------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
4,427,400
PERSON
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WITH: 8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,427,400 SHARES
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.81%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5
<PAGE>
ITEM 1.
(a) Name of Issuer
Heartport, Inc.
(b) Address of Issuer's Principal Executive Offices
700 Bay Road
Redwood City, CA 94063
ITEM 2.
(a) Name of Person Filing
Jundt Associates, Inc. (the "Company")
(b) Address of Principal Business Office or, if none, Residence
1550 Utica Avenue South
Suite 950
Minneapolis, Minnesota 55416
(c) Citizenship
The Company is organized in Minnesota
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
421969106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240.13d-1(b) OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) |_| Broker or dealer registered under section 15 of the Act.
(b) |_| Bank as defined in section 3(a)(6) of the Act.
(c) |_| Insurance company as defined in section 3(a)(19) of the Act.
(d) |_| Investment company registered under section 8 of the
Investment Company Act of 1940.
(e) |X| An investment adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E).
(f) |_| An employee benefit plan or endowment fund in accordance
with ss. 240.13d-1(b)(1)(ii)(F).
(g) |_| A parent holding company or control person in accordance
with ss. 240.13d-1(b)(1)(ii)(G).
(h) |_| A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i) |_| A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940.
(j) |_| Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).
Page 3 of 5
<PAGE>
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned
4,427,400 Shares
(b) Percent of Class
16.81%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
4,427,400
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition of
4,427,400
(iv) Shared power to dispose or to direct the disposition of
0
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 |_|.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
The Company manages accounts for the benefit of its clients. Dividends
on, and the proceeds from the sale of, securities are credited to the account
that holds or held such securities. Jundt U.S. Emerging Growth Fund, Jundt
Twenty-Five Fund, Jundt Mid-Cap Growth Fund, Jundt Science & Technology Fund
(series of Jundt Funds, Inc.), American Eagle Twenty Fund (series of American
Eagle Funds, Inc.) and several private accounts managed by Jundt Associates held
16.81% of the class of securities referred to above as of the date of this
filing. Funds within Jundt Funds, Inc. and American Eagle Funds, Inc. are
investment companies registered under the Investment Company Act of 1940.
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
Page 4 of 5
<PAGE>
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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.
January 5, 2001
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Date
/s/ Marcus E. Jundt
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Signature
Marcus E. Jundt, Vice Chairman
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Name/Title
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative other than an
executive officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. SEE ss.
240.13d-7 for other parties for whom copies are to be sent.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
Page 5 of 5
