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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED
IN STATEMENTS FILED PURSUANT TO
RULES 13D-1(b), (c) AND (d) AND AMENDMENTS
THERETO FILED PURSUANT TO 13d-2(b)
(AMENDMENT NO. 3)*
ARQULE, INC.
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(Name of Issuer)
COMMON
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(Title of Class of Securities)
042 69E 107
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(CUSIP Number)
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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:
|_| 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 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).
1
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CUSIP 042 69E 107 13G Page 2 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
Sevin Rosen Fund IV L.P.
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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
Delaware
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5 SOLE VOTING POWER
NUMBER OF SHARES 0
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
0
-----------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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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)
None
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP 042 69E 107 13G Page 3 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
SRB Associates IV L.P.
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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
Delaware
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5 SOLE VOTING POWER
NUMBER OF SHARES 0
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
-0-
-----------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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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)
None
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP 042 69E 107 13G Page 4 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
Jon W. Bayless
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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
Delaware
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5 SOLE VOTING POWER
NUMBER OF SHARES 76,325
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
0
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7 SOLE DISPOSITIVE POWER
76,325
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
76,325
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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)
.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP 042 69E 107 13G Page 5 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
Stephen M. Dow
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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
U.S.
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5 SOLE VOTING POWER
NUMBER OF SHARES 14,500
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
84,027
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7 SOLE DISPOSITIVE POWER
14,500
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8 SHARED DISPOSITIVE POWER
84,027
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
98,527
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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)
.8%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP 042 69E 107 13G Page 6 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
John V. Jaggers
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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
U.S.
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5 SOLE VOTING POWER
NUMBER OF SHARES 54,314
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
0
-----------------------------------------------------
7 SOLE DISPOSITIVE POWER
54,314
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
54,314
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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)
.4%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP 042 69E 107 13G Page 7 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
Charles H. Phipps
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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
U.S.
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5 SOLE VOTING POWER
NUMBER OF SHARES 69,780
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
4,250
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7 SOLE DISPOSITIVE POWER
69,780
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8 SHARED DISPOSITIVE POWER
4,250
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
74,030
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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)
.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP 042 69E 107 13G Page 8 of 13
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATIONS NOS. OF ABOVE PERSONS
Jennifer Gill Roberts
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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
U.S.
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5 SOLE VOTING POWER
NUMBER OF SHARES 0
BENEFICIALLY OWNED
BY EACH REPORTING -----------------------------------------------------
PERSON WITH 6 SHARED VOTING POWER
0
-----------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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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)
None
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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ITEM 1.
(A) NAME OF ISSUER.
ArQule, Inc., a Delaware corporation (the "Issuer").
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
The Issuer's principal executive offices are located at 200
Boston Avenue, Medford, Massachusetts 02155.
ITEM 2.
(A) NAMES OF PERSONS FILING.
This statement is filed by the following persons: (i) Sevin
Rosen Fund IV L.P. ("SR IV"); (ii) SRB Associates IV L.P. ("SRB IV"); (iii)
Jon W. Bayless ("Bayless"); (iv) Stephen M. Dow ("Dow"); (v) John V. Jaggers
("Jaggers"); (vi) Charles H. Phipps ("Phipps"); and (vii) Jennifer Gill
Roberts ("Roberts"). SRB IV is the general partner of SR IV. Bayless, Dow,
Jaggers, Phipps and Roberts are the general partners of SRB IV.
(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE.
The principal business office of each of SR IV, SRB IV, Bayless,
Jaggers, and Phipps is Two Galleria Tower, 13455 Noel Road, Suite 1670, Dallas,
Texas 75240. The principal business office of Dow and Roberts is 169 University
Avenue, Palo Alto, California 94301.
(C) CITIZENSHIP.
SR IV and SRB IV are each Delaware limited partnerships.
Bayless, Dow, Jaggers, Phipps and Roberts are each U.S. citizens.
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(D) TITLE OF CLASS OF SECURITIES.
This statement relates to shares of Common Stock, par value $.01 per
share (the "Common Stock"), of the Issuer.
(E) CUSIP NUMBER.
042 69E 107
ITEM 3.
This statement is not being filed pursuant to Rule 13d-1(b) or
13d-2(b).
ITEM 4. OWNERSHIP.
(A) AMOUNT BENEFICIALLY OWNED.
(i) Each of SR IV, SRB IV and Roberts beneficially
owns no shares of Common Stock.
(ii) Bayless beneficially owns 76,325 shares of
Common Stock.
(iii) Dow beneficially owns 98,527 shares of Common
Stock.
(iv) Jaggers beneficially owns 54,314 shares of
Common Stock.
(v) Phipps beneficially owns 74,030 shares of
Common Stock.
(B) PERCENT OF CLASS.(1)
(i) SR IV and SRB IV - none
(ii) Bayless - .6%
(iii) Dow - .8%
(iv) Jaggers - .4%
(v) Phipps - .6%
10
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(C) POWER TO VOTE OR DIRECT THE VOTE AND DISPOSE OR DIRECT THE
DISPOSITION OF SECURITIES.
(i) SR IV, SRB IV and Roberts have no sole or shared
power to vote or dispose or to direct the vote or
disposition of any shares of Common Stock.
(ii) (a) Bayless has sole power to vote or dispose or
to direct the vote or disposition of 76,325
shares of Common Stock.
(b) Bayless has shared power to vote or dispose or to
direct the vote or disposition of no shares of
Common Stock.
(iii)(a) Dow has sole power to vote or dispose or to
direct the vote or disposition of 14,500 shares
of Common Stock.
(b) Dow has shared power to vote or dispose or to
direct the vote or disposition of 84,027 shares
of Common Stock.
(iv) (a) Jaggers has sole power to vote or dispose or
to direct the vote or disposition of 54,314
shares of Common Stock.
(b) Jaggers has shared power to vote to dispose or to
direct the vote or disposition of no shares of
Common Stock.
(v)(a) Phipps has sole power to vote or dispose or to
direct the vote or disposition of 69,780 shares
of Common Stock.
(b) Phipps has shared power to vote or dispose or to
direct the vote or disposition of 4,250 shares of
Common Stock.
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(1) According to the most recently available filing with the Securities and
Exchange Commission in which such number is required to be indicated.
11
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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|
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.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
12
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SIGNATURES/SIGNED IN COUNTERPART
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
statement is true, complete and correct.
SEVIN ROSEN FUND IV L.P.
By: SRB Associates IV L.P.,
General Partner
Dated: February 14, 2000 By: /S/ JOHN V. JAGGERS
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John V. Jaggers, a General Partner
SRB ASSOCIATES IV L.P.
Dated: February 14, 2000 By: /S/ JOHN V. JAGGERS
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John V. Jaggers, a General Partner
Dated: February 14, 2000 /S/ JOHN V. JAGGERS
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Jon W. Bayless, by John V. Jaggers,
Attorney-in-Fact
Dated: February 14, 2000 /S/ JOHN V. JAGGERS
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Stephen M. Dow, by John V. Jaggers,
Attorney-in-Fact
Dated: February 14, 2000 /S/ JOHN V. JAGGERS
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John V. Jaggers
Dated: February 14, 2000 /S/ JOHN V. JAGGERS
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Charles H. Phipps, by John V.
Jaggers, Attorney-in-Fact
Dated: February 14, 2000 /S/ JOHN V. JAGGERS
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Jennifer Gill Roberts, by John V.
Jaggers, Attorney-in-Fact
13
