<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
(AMENDMENT NO. )1
WILD OATS MARKETS, INC.
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(NAME OF ISSUER)
COMMON STOCK
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(TITLE OF CLASS OF SECURITIES)
96808B-10-7
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(CUSIP NUMBER)
CHECK THE FOLLOWING BOX IF A FEE IS BEING PAID WITH THIS STATEMENT / / (A FEE IS
NOT REQUIRED 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).
(CONTINUED ON FOLLOWING PAGE(S))
(Page 1 of 5 Pages)
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1 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.
<PAGE> 2
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CUSIP NO. 96808B-10-7 13G Page 2 of 14 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
WESTON PRESIDIO OFFSHORE CAPITAL C.V. ("WPOC")
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
NETHERLANDS ANTILLES
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5 SOLE VOTING POWER
NUMBER -0-
OF --------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 537,392 (INCLUDES 2,678 SHARES
OWNED BY ISSUABLE UPON EXERCISE OF
REPORTING WARRANTS HELD BY WPOC).
PERSON --------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------
8 SHARED DISPOSITIVE POWER
537,392 (INCLUDES 2,678 SHARES
ISSUABLE UPON EXERCISE OF
WARRANTS HELD BY WPOC).
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
537,392 SHARES
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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
7.82%
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12 TYPE OF REPORTING PERSON*
PN
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<PAGE> 3
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CUSIP NO. 96808B-10-7 13G Page 3 of 14 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
WESTON PRESIDIO CAPITAL MANAGEMENT, L.P. ("WPCM")
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)/ / (b) /X/
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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 -0-
OF ------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 537,392 SHARES DIRECTLY
OWNED BY OWNED BY WPOC (INCLUDES 2,678
REPORTING SHARES ISSUABLE UPON EXERCISE OF
PERSON WARRANTS HELD BY WPOC). WPCM IS A
WITH GENERAL PARTNER OF WPOC.
------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
8 SHARED DISPOSITIVE POWER
537,392 SHARES DIRECTLY
OWNED BY WPOC (INCLUDES 2,678
SHARES ISSUABLE UPON EXERCISE OF
WARRANTS HELD BY WPOC). WPCM IS A
GENERAL PARTNER OF WPOC.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
537,392
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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
7.82%
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12 TYPE OF REPORTING PERSON*
PN
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<PAGE> 4
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CUSIP NO. 96808B-10-7 13G Page 4 of 14 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
WESTON PRESIDIO OFFSHORE MANAGEMENT, N.V. ("WPOM")
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
NETHERLANDS ANTILLES
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5 SOLE VOTING POWER
NUMBER -0-
OF -----------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 537,392 SHARES DIRECTLY
OWNED BY OWNED BY WPOC (INCLUDES 2,678
REPORTING SHARES ISSUABLE UPON EXERCISE OF
PERSON WARRANTS HELD BY WPOC). WPOM IS A
WITH GENERAL PARTNER OF WPOC.
-----------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
-----------------------------------------------
8 SHARED DISPOSITIVE POWER
537,392 SHARES DIRECTLY
OWNED BY WPOC. WPOM IS A GENERAL
PARTNER OF WPOC (INCLUDES 2,678
SHARES ISSUABLE UPON EXERCISE OF
WARRANTS HELD BY WPOC).
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
537,392
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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
7.82%
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12 TYPE OF REPORTING PERSON*
PN
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<PAGE> 5
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CUSIP NO. 96808B-10-7 13G Page 5 of 14 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
MICHAEL F. CRONIN
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) /X/
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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 -0-
OF ------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 537,392 SHARES, DIRECTLY
OWNED BY OWNED BY WPOC (INCLUDES 2,678
REPORTING SHARES ISSUABLE UPON EXERCISE OF
PERSON WARRANTS HELD BY WPOC). WPCM AND
WITH WPOM ARE GENERAL PARTNERS OF WPOC,
AND MR. CRONIN IS A GENERAL
PARTNER OF BOTH WPCM AND WPOM.
------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
8 SHARED DISPOSITIVE POWER
537,392 SHARES, DIRECTLY
OWNED BY WPOC (INCLUDES 2,678
SHARES ISSUABLE UPON EXERCISE OF
WARRANTS HELD BY WPOC). WPCM AND
WPOM ARE GENERAL PARTNERS OF WPOC,
AND MR. CRONIN IS A GENERAL
PARTNER OF BOTH WPCM AND WPOM.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
537,392
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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
7.82%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE> 6
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CUSIP NO. 96808B-10-7 13G Page 6 of 14 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
MICHAEL P. LAZARUS
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) /X/
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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 -0-
OF ------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 537,392 SHARES, DIRECTLY
OWNED BY OWNED BY WPOC (INCLUDES 2,678
REPORTING SHARES ISSUABLE UPON EXERCISE OF
PERSON WARRANTS HELD BY WPOC). WPCM AND
WITH WPOM ARE GENERAL PARTNERS OF WPOC,
AND MR. LAZARUS IS A GENERAL
PARTNER OF BOTH WPCM AND WPOM.
------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
8 SHARED DISPOSITIVE POWER
537,392 SHARES, DIRECTLY
OWNED BY WPOC (INCLUDES 2,678
SHARES ISSUABLE UPON EXERCISE OF
WARRANTS HELD BY WPOC). WPCM AND
WPOM ARE GENERAL PARTNERS OF WPOC,
AND MR. LAZARUS IS A GENERAL
PARTNER OF BOTH WPCM AND WPOM.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
537,392
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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
7.82%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE> 7
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CUSIP NO. 96808B-10-7 13G Page 7 of 14 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
JAMES B. MCELWEE
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / (b) /X/
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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 -0-
OF -----------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 537,392 SHARES DIRECTLY
OWNED BY OWNED BY WPOC (INCLUDES 2,678
REPORTING SHARES ISSUABLE UPON EXERCISE OF
PERSON WARRANTS HELD BY WPOC). WPCM IS A
WITH GENERAL PARTNER OF WPOC, AND MR.
MCELWEE IS A GENERAL PARTNER OF
WPCM.
-----------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
-----------------------------------------------
8 SHARED DISPOSITIVE POWER
537,392 SHARES DIRECTLY
OWNED BY WPOC (INCLUDES 2,678
SHARES ISSUABLE UPON EXERCISE OF
WARRANTS HELD BY WPOC). WPCM IS A
GENERAL PARTNER OF WPOC, AND MR.
MCELWEE IS A GENERAL PARTNER OF
WPCM.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
537,392
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.82%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE> 8
Page 8 of 14 Pages
ITEM 1(A) NAME OF ISSUER:
Wild Oats Markets, Inc.
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1645 Broadway
Boulder, CO 80301
c/o Mary Beth Lewis, CFO
ITEM 2(A)-(B) NAME OF PERSON FILING:
This statement is being filed by Weston Presidio Capital
Management, L.P., a Delaware Limited Partnership ("WPCM"), whose
principal business address is One Federal Street, 21st Floor,
Boston, MA 02110-2004. The names, business addresses and
citizenships of all the general partners of WPCM are set forth on
Exhibit B hereto.
WPCM and Weston Presidio Offshore Management, N.V. ("WPOM"), a
limited partnership organized in the Netherlands Antilles, are
general partners to Weston Presidio Offshore Capital, C.V.
("WPOC"), a limited partnership organized in the Netherlands
Antilles. This statement is being filed by WPCM, WPOC and WPOM
and with respect to WPOC, relates only to WPCM's and WPOM's
indirect, beneficial ownership of shares of Common Stock of Wild
Oats Markets, Inc. held directly by WPOC (the "Shares") and, with
respect to each individual general partner, to the extent
applicable, each individual general partner's interest in the
shares over which he has sole voting and dispositive control. The
Shares are held directly by WPOC. WPCM and WPOM do not directly
or otherwise hold any Shares. Management of the business affairs
of WPCM and WPOM, including decisions respecting disposition
and/or voting of the Shares, is by majority decision of the
general partners of WPCM and WPOM listed on Exhibits B and C
hereto.
ITEM 2(C) CITIZENSHIP:
See row 4 of cover page for each
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
<PAGE> 9
Page 9 of 14 Pages
Common
ITEM 2(E) CUSIP NUMBER: 96808B-10-7
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.
(a) Amount Beneficially Owned: See row 9 of cover page for each
(b) Percent of Class: See row 11 of cover page for each
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: see row 5 of
cover page for each
(ii) shared power to vote or to direct the vote: see row 6
of cover page for each
(iii) sole power to dispose or to direct the disposition of:
see row 7 of cover page for each
(iv) shared power to dispose or to direct the disposition
of: see row 8 of cover page for each
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.
Under certain circumstances set forth in the limited partnership
agreements of WPOC, WPCM and WPOM, the general and limited
partners of such entities may have the right to receive dividends
from, or the proceeds from the sale of shares of Common Stock of
Wild Oats Markets, Inc. owned by such entity.
<PAGE> 10
Page 10 of 14 Pages
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.
Each of the reporting persons expressly disclaims membership in a
"Group" as defined in Rule 13d-1(b)(ii)(H).
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
Not Applicable
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 14, 1997
WESTON PRESIDIO OFFSHORE CAPITAL C.V.
By: WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
/s/ Michael Cronin
By: ___________________________________
General Partner
WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
/s/ Michael Cronin
By: ___________________________________
General Partner
WESTON PRESIDIO OFFSHORE MANAGEMENT, N.V.
/s/ Michael Cronin
By: ___________________________________
Title
<PAGE> 11
Page 11 of 14 Pages
/s/ Michael Cronin
_______________________________________
Michael Cronin
/s/ Michael Lazarus
_______________________________________
Michael Lazarus
/s/ James B. McElwee
_______________________________________
James B. McElwee
<PAGE> 12
Page 12 of 14 Pages
EXHIBIT A
Agreement Relating to Joint Filing of Schedule 13G
The undersigned hereby agree that a single Schedule 13G (or
any amendment thereto) relating to the Common Stock of Wild Oats Markets, Inc.
shall be filed on behalf of each of the undersigned and that this Agreement
shall be filed as an exhibit to such Schedule 13G.
Dated: February 14, 1997
WESTON PRESIDIO OFFSHORE CAPITAL C.V.
By: WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
/s/ Michael Cronin
By: ___________________________________
General Partner
WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
/s/ Michael Cronin
By: ___________________________________
General Partner
WESTON PRESIDIO OFFSHORE MANAGEMENT, N.V.
/s/ Michael Cronin
By: ___________________________________
Title
/s/ Michael Cronin
____________________________________________
Michael Cronin
/s/ Michael Lazarus
____________________________________________
Michael Lazarus
/s/ James B. McElwee
____________________________________________
James B. McElwee
<PAGE> 13
Page 13 of 14 Pages
EXHIBIT B
General Partners of
WPCM, a Delaware limited partnership
Set forth below, with respect to each general partner of WPCM
is the following: (a) name; (b) business address and (c)
citizenship.
1. (a) Michael P. Lazarus
(b) Weston Presidio Capital Management, L.P.
343 Sansome St., Suite 1210
San Francisco, CA 94104
(c) United States Citizen
2. (a) Michael F. Cronin
(b) Weston Presidio Capital Management, L.P.
One Federal Street, 21st Floor
Boston, MA 02110-2004
(c) United States Citizen
3. (a) James B. McElwee
(b) Weston Presidio Capital Management, L.P.
343 Sansome St., Suite 1210
San Francisco, CA 94104
(c) United States Citizen
<PAGE> 14
Page 14 of 14 Pages
EXHIBIT C
General Partners of
WPOM, a Netherlands Antilles limited partnership
Set forth below, with respect to each general partner of
WPOM, is the following: (a) name; (b) business address and (c) citizenship.
1. (a) Michael P. Lazarus
(b) Weston Presidio Capital Management, L.P.
343 Sansome Street
Suite 1210
San Francisco, CA 94104
(c) United States Citizen
2. (a) Michael F. Cronin
(b) Weston Presidio Capital Management, L.P.
One Federal Street, 21st Floor
Boston, MA 02110-2004
(c) United States Citizen
