<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2 )*
Dendrite International, Inc.
----------------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
248239-10-5
-----------
(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).
<PAGE> 2
CUSIP NO. 248239-10-5 13G PAGE 2 OF 12 PAGES
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edison Venture Fund II, L.P. 22-3069982
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 545,283
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
545,283
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
545,283
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.9%
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
CUSIP NO. 248239-10-5 13G PAGE 3 OF 12 PAGES
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edison Partners II, L.P. 22-3069978
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 650,127
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
650,127
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
650,127
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.8%
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
CUSIP NO. 248239-10-5 13G PAGE 4 OF 12 PAGES
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John H. Martinson ###-##-####
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
27,081
NUMBER OF
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 650,127
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 27,081
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
650,127
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
677,208
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.1%
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
CUSIP NO. 248239-10-5 13G PAGE 5 OF 12 PAGES
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard J. Defieux ###-##-####
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 650,127
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
650,127
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
650,127
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.8%
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
CUSIP NO. 248239-10-5 13G PAGE 6 OF 12 PAGES
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gustav H. Koven, III ###-##-####
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
9,000
NUMBER OF
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 650,127
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 9,000
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
650,127
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
659,127
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
CUSIP NO. 248239-10-5 13G PAGE 7 OF 12 PAGES
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas A. Smith ###-##-####
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
4,385
NUMBER OF
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 650,127
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 4,385
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
650,127
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
654,512
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.9%
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
CUSIP NO. 248239-10-5 13G PAGE 8 OF 12 PAGES
Item 1(a). Name of Issuer: Dendrite International, Inc. (the "Issuer").
Item 1(b). Address of Issuer's Principal Executive Offices: 1200 Mt.
Kemble Avenue, Morristown, NJ 07960.
Item 2(a). Names of Persons Filing: Edison Venture Fund II, L.P. ("Edison
Venture Fund II"); Edison Partners II, L.P. ("Edison Partners
II"); John H. Martinson, Richard J. Defieux, Gustav H. Koven,
III and Thomas A. Smith (collectively, the "General
Partners"). The General Partners, Edison Venture Fund II and
Edison Partners II collectively are referred to as the
"Reporting Persons."
Item 2(b). Address of Principal Business Office: The principal business
address of the Reporting Persons is 997 Lenox Drive #3,
Lawrenceville, NJ 08648.
Item 2(c). Citizenship: Edison Venture Fund II and Edison Partners II are
limited partnerships organized under the laws of the State of
Delaware. Each General Partner is a U.S. citizen.
Item 2(d). Title of Class of Securities: Common Stock, no par value (the
"Common Stock").
Item 2(e). CUSIP Number: 248239-10-5.
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Securities Exchange Act of 1934 (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) [ ] Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940.
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment
Fund; see Rule 13d-1(b)(1)(ii)(F) of the Act.
(g) [ ] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G) of the Act.
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
of the Act.
Not Applicable.
<PAGE> 9
CUSIP NO. 248239-10-5 13G PAGE 9 OF 12 PAGES
Item 4. Ownership:
(a) Amount Beneficially Owned: Edison Venture Fund II may
be deemed to own beneficially 545,283 shares of
Common Stock as of December 31, 1997. Each of Edison
Partners II and Richard J. Defieux may be deemed to
own beneficially 650,127 shares of Common Stock as of
December 31, 1997. John H. Martinson may be deemed to
own beneficially 677,208 shares of Common Stock as of
December 31, 1997. Gustav H. Koven, III, may be
deemed to own beneficially 659,127 shares of Common
Stock as of December 31, 1997. Thomas A. Smith may be
deemed to own beneficially 654,512 shares of Common
Stock as of December 31, 1997.
Edison Venture Fund II is the record holder of
545,283 shares of Common Stock as of December 31,
1997. Edison Venture Fund II-PA, L.P., a Delaware
limited partnership ("Edison Venture Fund II-PA"), is
the record owner of 104,844 shares of Common Stock as
of December 31, 1997. John H. Martinson is the
record owner of 27,081 shares of Common Stock as of
December 31, 1997. Gustav H. Koven, III is the
record owner of 9,000 shares of Common Stock as of
December 31, 1997. Thomas A. Smith is the record
holder of 4,385 shares of Common Stock as of December
31, 1997. Each of the General Partners expressly
disclaims beneficial ownership of any shares of
Common Stock beneficially owned by Edison Partners
II, Edison Venture Fund II or Edison Venture Fund
II-PA.
Edison Partners II is the sole general partner of
Edison Venture Fund II and Edison Venture Fund II-PA.
The General Partners are the general partners of
Edison Partners II.
(b) Percent of Class: Edison Venture Fund II, 4.9%;
Edison Partners II, 5.8%; John H. Martinson, 6.1%;
Richard J. Defieux, 5.8%; Gustav H. Koven, III, 5.9%;
and Thomas A. Smith, 5.9%. The foregoing percentages
are calculated based on the 11,122,344 shares of
Common Stock reported by the Company to be
outstanding as of November 12, 1997.
(c) Number of Shares as to Which Such Person Has:
(i) Sole power to vote or to direct the vote: Edison
Venture Fund II, 0; Edison Partners II, 0; John H.
Martinson, 27,081; Richard J. Defieux, 0; Gustav H.
Koven, III, 9,000; and Thomas A. Smith, 4,385.
(ii) Shared power to vote or to direct the vote:
Edison Venture Fund II, 545,283; Edison Partners II,
650,127; John H. Martinson, 650,127; Richard J.
Defieux, 650,127; Gustav H. Koven, III, 650,127; and
Thomas A. Smith, 650,127.
(iii) Sole power to dispose or to direct the
disposition of: Edison Venture Fund II, 0; Edison
Partners II, 0; John H. Martinson, 27,081; Richard J.
Defieux, 0; Gustav H. Koven, III, 9,000; and Thomas
A. Smith, 4,385.
(iv) Shared power to dispose or to direct the
disposition of: Edison Venture Fund II, 545,283;
Edison Partners II, 650,127; John H. Martinson,
<PAGE> 10
CUSIP NO. 248239-10-5 13G PAGE 10 OF 12 PAGES
650,127; Richard J. Defieux, 650,127; Gustav H.
Koven, III, 650,127; and Thomas A. Smith, 650,127.
Item 5. Ownership of Five Percent or Less of a Class:
As of the date hereof, Edison Venture Fund II, a Reporting
Person, has ceased to be the beneficial owner of more than
five percent of the Common Stock of the Issuer.
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. Edison Venture Fund II, Edison Partners II and
each of the General Partners expressly disclaim membership in
a "group" as defined in Rule 13-d(5)(b)(i).
Item 9. Notice of Dissolution of Group:
Not Applicable.
Item 10. Certification:
Not Applicable. This statement on Schedule 13G is not filed
pursuant to Rule 13d-1(b).
<PAGE> 11
CUSIP NO. 248239-10-5 13G PAGE 11 OF 12 PAGES
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: February 10, 1998 EDISON VENTURE FUND II, L.P.
By: Edison Partners II, L.P.,
its General Partner
By: /s/ John H. Martinson
-------------------------------
General Partner
EDISON PARTNERS II, L.P.
By: /s/ John H. Martinson
-------------------------------
General Partner
/s/ John H. Martinson
----------------------------------
John H. Martinson
/s/ Richard J. Defieux
----------------------------------
Richard J. Defieux
/s/ Gustav H. Koven, III
----------------------------------
Gustav H. Koven, III
/s/ Thomas A. Smith
----------------------------------
Thomas A. Smith
<PAGE> 12
CUSIP NO. 248239-10-5 13G PAGE 12 OF 12 PAGES
Exhibit 1
AGREEMENT
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13G need be filed with respect to the ownership by each of
the undersigned of shares of stock of Dendrite International, Inc.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original.
Dated: February 10, 1998 EDISON VENTURE FUND II, L.P.
By: Edison Partners II, L.P.,
its General Partner
By: /s/ John H. Martinson
-------------------------------
General Partner
EDISON PARTNERS II, L.P.
By: /s/ John H. Martinson
-------------------------------
General Partner
/s/ John H. Martinson
----------------------------------
John H. Martinson
/s/ Richard J. Defieux
----------------------------------
Richard J. Defieux
/s/ Gustav H. Koven, III
----------------------------------
Gustav H. Koven, III
/s/ Thomas A. Smith
----------------------------------
Thomas A. Smith
