<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
(AMENDMENT NO. )*
WILD OATS MARKETS, INC.
-----------------------------------------
(NAME OF ISSUER)
COMMON STOCK
-----------------------------------------
(TITLE OF CLASS OF SECURITIES)
96808B-10-7
-----------------------------------------
(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 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following page(s))
(Page 1 of 13 Pages)
<PAGE> 2
CUSIP NO. 96808B-10-7 13G PAGE 2 OF 13 PAGES
- ------------------------------ ----- -----
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
WESTON PRESIDIO OFFSHORE CAPITAL C.V. ("WPOC")
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
NETHERLANDS ANTILLES
---------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 537,392
REPORTING --------------------------------------------------------
PERSON WITH (7) SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
537,392
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
537,392 SHARES
- -------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.58%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- ------------------------------------------------------------------------------
<PAGE> 3
CUSIP NO. 96808B-10-7 13G PAGE 3 OF 13 PAGES
- ------------------------------ ----- -----
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
WESTON PRESIDIO CAPITAL MANAGEMENT, L.P. ("WPCM")
- -------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
- -------------------------------------------------------------------------------
(3) SEC USE ONLY
- -------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -------------------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 537,392 SHARES DIRECTLY OWNED BY WPOC. WPCM
REPORTING IS A GENERAL PARTNER OF WPOC.
PERSON WITH --------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
537,392 SHARES DIRECTLY OWNED BY WPOC.
WPCM IS A GENERAL PARTNER OF WPOC.
--------------------------------------------------------
(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
7.58%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
<PAGE> 4
CUSIP NO. 96808B-10-7 13G PAGE 4 OF 13 PAGES
- ------------------------------ ----- -----
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
WESTON PRESIDIO OFFSHORE MANAGEMENT, N.V. ("WPOM")
- -------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
- -------------------------------------------------------------------------------
(3) SEC USE ONLY
- -------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
NETHERLANDS ANTILLES
- -------------------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 537,392 SHARES DIRECTLY OWNED BY WPOC. WPOM
REPORTING IS A GENERAL PARTNER OF WPOC.
PERSON WITH --------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
537,392 SHARES DIRECTLY OWNED BY WPOC.
WPOM IS A GENERAL PARTNER OF WPOC.
--------------------------------------------------------
(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
7.58%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
<PAGE> 5
CUSIP NO. 96808B-10-7 13G PAGE 5 OF 13 PAGES
- ------------------------------ ----- -----
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
MICHAEL F. CRONIN
- -------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
- -------------------------------------------------------------------------------
(3) SEC USE ONLY
- -------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -------------------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 537,392 SHARES, DIRECTLY OWNED BY WPOC. WPCM AND
EACH WPOM ARE GENERAL PARTNERS OF WPOC, AND MR. CRONIN
REPORTING IS A GENERAL PARTNER OF BOTH WPCM AND WPOM.
PERSON WITH --------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
537,392 SHARES, DIRECTLY OWNED BY WPOC. WPCM AND
WPOM ARE GENERAL PARTNERS OF WPOC, AND MR. CRONIN
IS A GENERAL PARTNER OF BOTH WPCM AND WPOM.
--------------------------------------------------------
(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
7.58%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE> 6
CUSIP NO. 96808B-10-7 13G PAGE 6 OF 13 PAGES
- ------------------------------ ----- -----
(1) NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
MICHAEL P. LAZARUS
- -------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
- -------------------------------------------------------------------------------
(3) SEC USE ONLY
- -------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -------------------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 537,392 SHARES, DIRECTLY OWNED BY WPOC. WPCM AND
REPORTING WPOM ARE GENERAL PARTNERS OF WPOC, AND MR.
PERSON WITH LAZARUS IS A GENERAL PARTNER OF BOTH REPORTING
WPCM AND WPOM.
--------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
537,392 SHARES, DIRECTLY OWNED BY WPOC. WPCM AND
WPOM ARE GENERAL PARTNERS OF WPOC, AND MR.
LAZARUS IS A GENERAL PARTNER OF BOTH WPCM AND
WPOM.
--------------------------------------------------------
(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
7.58%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE> 7
CUSIP NO. 96808B-10-7 13G PAGE 7 OF 13 PAGES
- ------------------------------ ----- -----
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
JAMES B. MCELWEE
- -------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [ X ]
- -------------------------------------------------------------------------------
(3) SEC USE ONLY
- -------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -------------------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF 1,667 (REPRESENTS OPTIONS EXERCISABLE
SHARES WITHIN 60 DAYS OF 12/31/97.)
BENEFICIALLY --------------------------------------------------------
OWNED BY (6) SHARED VOTING POWER
EACH 537,392 SHARES DIRECTLY OWNED BY WPOC.
REPORTING WPCM IS A GENERAL PARTNER OF WPOC, AND MR.
PERSON WITH MCELWEE IS A GENERAL PARTNER OF WPCM.
--------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
1,667 (REPRESENTS OPTIONS EXERCISABLE
WITHIN 60 DAYS OF 12/31/97.)
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
537,392 SHARES DIRECTLY OWNED BY WPOC.
WPCM IS A GENERAL PARTNER OF WPOC, AND MR.
MCELWEE IS A GENERAL PARTNER OF WPCM.
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
539,059
- -------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.59%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
<PAGE> 8
Page 8 of 13 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) NAME OF PERSON FILING:
This statement is being filed by Weston Presidio Offshore
Capital, C.V. ("WPOC"), a limited partnership organized in the
Netherlands Antilles, Weston Presidio Capital Management, L.P.,
a Delaware Limited Partnership ("WPCM"), Weston Presidio
Offshore Management, N.V. ("WPOM") a limited partnership
organized in the Netherlands Antilles, Michael F. Cronin,
Michael P. Lazarus and James B. McElwee. WPCM and WPOM are the
general partners of WPOC; Michael F. Cronin, Michael P. Lazarus
and James B. McElwee are the individual General Partners of
WPCM; and Michael P. Lazarus and Michael F. Cronin are the
individual General Partners of WPOM.
Management of the business affairs of WPCM and WPOM, including
decisions respecting disposition and/or voting of the Issuer's
Shares, is by majority decision of the general partners of WPCM
and WPOM.
(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The address of the principal business office of the persons
filing this statement are set forth in Exhibit B.
(C) CITIZENSHIP:
See row 4 of cover page for each
(D) TITLE OF CLASS OF SECURITIES:
Common Stock
(E) CUSIP NUMBER: 96808B-10-7
<PAGE> 9
Page 9 of 13 Pages
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.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not Applicable
<PAGE> 10
Page 10 of 13 Pages
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
The reporting persons may be deemed to be a "group" for
purposes of Section 13(d) and 13(g) of the Act and the rules
thereunder; however, each of the reporting persons expressly
disclaims any assertion or presumption that it or the other
reporting persons constitute a "group". The filing of this
statement should not be construed to be an admission that any
of the reporting persons is a member of a "group" consisting of
one or more persons.
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 13, 1998
WESTON PRESIDIO OFFSHORE CAPITAL C.V.
By: WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
By: /s/ Michael F. Cronin
----------------------------------------
General Partner
WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
By: /s/ Michael F. Cronin
----------------------------------------
General Partner
<PAGE> 11
Page 11 of 13 Pages
WESTON PRESIDIO OFFSHORE MANAGEMENT, N.V.
By: /s/ Michael F. Cronin
----------------------------------------
Title
/s/ Michael F. Cronin
- ---------------------------------------------
Michael F. Cronin
/s/ Michael P. Lazarus
- ---------------------------------------------
Michael P. Lazarus
/s/ James B. McElwee
- ---------------------------------------------
James B. McElwee
<PAGE> 12
Page 12 of 13 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 13, 1998
WESTON PRESIDIO OFFSHORE CAPITAL C.V.
By: WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
By: /s/ Michael F. Cronin
----------------------------------------
General Partner
WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.
By: /s/ Michael F. Cronin
----------------------------------------
General Partner
WESTON PRESIDIO OFFSHORE MANAGEMENT, N.V.
By: /s/ Michael F. Cronin
----------------------------------------
Title
/s/ Michael F. Cronin
- ---------------------------------------------
Michael F. Cronin
/s/ Michael P. Lazarus
- ---------------------------------------------
Michael P. Lazarus
/s/ James B. McElwee
- ---------------------------------------------
James B. McElwee
<PAGE> 13
Page 13 of 13 Pages
EXHIBIT B
Principal Business Address of Reporting Person
1. (a) Weston Presidio Offshore Capital C.V.
(b) One Federal Street, 21st Floor
Boston, MA 02110-2004
2. (a) Weston Presidio Capital Management, L.P.
(b) One Federal Street, 21st Floor
Boston, MA 02110-2004, and
c/o MeesPierson Trust (Curacoa)
Gorsiraweg 6
Willenstad, Curacoa, N.A.
3. (a) Weston Presidio Offshore Management, N.V.
(b) One Federal Street, 21st Floor
Boston, MA 02110-2004
3. (a) Michael P. Lazarus
(b) Weston Presidio Capital Management, L.P.
343 Sansome Street
Suite 1210
San Francisco, CA 94104
4 (c) Michael F. Cronin
(d) Weston Presidio Capital Management, L.P.
One Federal Street, 21st Floor
Boston, MA 02110-2004
5 (e) James B. McElwee
(f) Weston Presidio Capital Management, L.P.
343 Sansome Street
Suite 1210
San Francisco, CA 94104
