--------------------------
OMB APPROVAL
--------------------------
OMB Number: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response...14.90
--------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Opta Food Ingredients, Inc.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
00068381N1
(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>
CUSIP NO. 00068381N1 13G Page 2 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
New Enterprise Associates IV, Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
577,5000 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 3 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NEA Partners IV, Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
577,5000 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 4 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
New Enterprise Associates VI, Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
577,5000 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 5 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NEA Partners VI, Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
577,5000 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 6 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Frank A. Bonsal, Jr.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 14,808 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 14,808 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
592,308 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 7 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nancy L. Dorman
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 8,148 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 8,148 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
585,648 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 8 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
C. Richard Kramlich
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
577,500 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 9 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arthur J. Marks
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 11,088 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 11,088 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
588,588 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 10 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas C. McConnell
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 2,952 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 2,952 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
580,452 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 00068381N1 13G Page 11 of 23 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles W. Newhall III
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 15,856 shares
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 577,500 shares
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 15,856 shares
------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
577,500 shares
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
593,356 shares
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN |_|
SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer: Opta Food Ingredients, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices: 25 Wiggins
Avenue, Bedford, Massachusetts 01730.
Item 2(a). Name of Persons Filing: New Enterprise Associates IV, Limited
Partnership ("NEA IV"), NEA Partners IV, Limited Partnership
("NEA Partners IV"), which is the sole general partner of NEA IV,
New Enterprise Associates VI, Limited Partnership ("NEA VI"), NEA
Partners VI, Limited Partnership ("NEA Partners VI"), which is
the sole general partner of NEA VI, and Frank A. Bonsal, Jr.
("Bonsal"), Nancy L. Dorman ("Dorman"), C. Richard Kramlich
("Kramlich"), Arthur J. Marks ("Marks"), Thomas C. McConnell
("McConnell") and Charles W. Newhall III ("Newhall") (the
"General Partners"). The General Partners are the individual
general partners of NEA Partners IV and NEA Partners VI. The
persons named in this paragraph are referred to individually
herein as a "Reporting Person" and collectively as the "Reporting
Persons."
Item 2(b). Address of Principal Business Office or, if None, Residence: The
address of the principal business office of NEA IV, NEA Partners
IV, NEA VI, NEA Partners VI, Bonsal, Dorman, Marks and Newhall is
New Enterprise Associates, 1119 St. Paul Street, Baltimore,
Maryland 21202. The address of the principal business office of
Kramlich and McConnell is New Enterprise Associates, 2490 Sand
Hill Road, Menlo Park, California 94025.
Item 2(c). Citizenship: Each of NEA IV, NEA Partners IV, NEA VI and NEA
Partners VI is a limited partnership organized under the laws of
the State of Delaware. Each of the General Partners is a United
States citizen.
Item 2(d). Title of Class of Securities: Common Stock, $.01 par value (the
"Common Stock").
Item 2(e). CUSIP Number: 00068381N1
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.
Page 12 of 23 Pages
<PAGE>
(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. The original Schedule 13G filed by the Reporting
Persons relating to the Common Stock was not filed pursuant to
Rule 13d-1(b).
Item 4. Ownership.
(a) Amount Beneficially Owned: NEA IV is the record owner of 105,000
shares of Common Stock as of December 31, 1996 (the "NEA IV Shares").
NEA VI is the record owner of 472,500 shares as of December 31, 1996
(the "NEA VI Shares"). As the sole general partner of NEA IV, NEA
Partners IV may be deemed to own beneficially the NEA IV Shares. As
the sole general partner of NEA VI, NEA Partners VI may be deemed to
own beneficially the NEA VI Shares. By virtue of their relationship as
affiliated limited partnerships, each of NEA IV and NEA VI and their
general partners, NEA Partners IV and NEA Partners VI, respectively,
may be deemed to own beneficially both the NEA IV Shares and the NEA
VI Shares, for a total of 577,500 shares.
Bonsal is the record owner of 14,808 shares as of December 31, 1996.
As a general partner of NEA Partners IV and NEA Partners VI, the sole
general partners of NEA IV and NEA VI, respectively, and record owner
of 14,808 shares, Bonsal may be deemed to own beneficially the NEA IV
Shares, the NEA VI Shares and the 14,808 shares that he owns of
record, for a total of 592,308 shares. Newhall is the record owner of
8,856 shares as of December 31, 1996 and holds options to purchase an
additional 7,000 shares, which are exercisable within 60 days after
December 31, 1996, for a total of 15,856 shares. As a general partner
of NEA Partners IV and NEA Partners VI, the sole general partners of
NEA IV and NEA VI, respectively, and record and beneficial owner of
15,856 shares, Newhall may be deemed to own beneficially the NEA IV
Shares, the NEA VI Shares and the 15,856 shares, for a total of
593,356 shares. Dorman is the record owner of 8,148 shares as of
December 31, 1996. As a general partner of NEA Partners IV and NEA
Partners VI, the sole general partners of NEA IV and NEA VI,
respectively, and record owner of 8,148 shares, Dorman may be deemed
to own beneficially the NEA IV Shares, the NEA VI shares and the 8,148
shares, for a total of 585,648 shares. Marks is the record owner of
11,088 shares as of December 31, 1996. As a general partner of NEA
Partners IV and NEA Partners VI, the sole general partners of NEA IV
and NEA VI, respectively, and record owner of 11,088 shares, Marks may
be deemed to own the NEA IV Shares, the NEA VI Shares, and the 11,088
shares, for a total of 588,588 shares. As a general partner of NEA
Partners IV and NEA Partners VI, the sole general partners of NEA IV
and NEA VI, respectively, Kramlich may be deemed to own beneficially
the NEA IV Shares and the NEA VI Shares, for a total of 577,500
shares. McConnell is the record owner of 2,952 shares as of December
31, 1996. As a general partner of NEA
Page 13 of 23 Pages
<PAGE>
Partners IV and NEA Partners VI, the sole general partners of NEA IV
and NEA VI, respectively, McConnell may be deemed to own beneficially
the NEA IV Shares, the NEA VI Shares and the 2,952 shares, for a total
of 580,452 shares.
(b) Percent of Class: Each Reporting Person other than Bonsal, Marks and
Newhall: 5.3%. Bonsal, Marks and Newhall: 5.4%. The foregoing
percentages are calculated based on the 10,960,488 shares of Common
Stock reported to be outstanding in the Quarterly Report on Form 10-Q
of Opta Food Ingredients, Inc. for the quarter ended September 30,
1996, as adjusted pursuant to Rule 13d-3(d)(1).
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0 shares for each
Reporting Person other than Bonsal, Dorman, Marks, McConnell and
Newhall; 14,808 shares for Bonsal; 8,148 shares for Dorman;
11,088 shares for Marks; 2,952 shares for McConnell; and 15,856
shares for Newhall.
(ii) shared power to vote or to direct the vote: 577,500 shares for
each Reporting Person.
(iii) sole power to dispose or to direct the disposition of: 0 shares
for each Reporting Person other than Bonsal, Dorman, Marks,
McConnell and Newhall; 14,808 shares for Bonsal; 8,148 shares
for Dorman; 11,088 shares for Marks; 2,952 shares for McConnell;
and 15,856 shares for Newhall.
(iv) shared power to dispose or to direct the disposition of: 577,500
shares for each Reporting Person.
Each Reporting Person expressly disclaims beneficial ownership of any
shares of Common Stock of Opta Food Ingredients, Inc., except in the case
of NEA IV, for the 105,000 shares it owns of record, in the case of NEA VI,
for the 472,500 shares it owns of record, in the case of Bonsal, for the
14,808 shares he holds of record, in the case of Dorman, for the 8,148
shares she holds of record, in the case of Marks, for the 11,088 shares he
holds of record, in the case of McConnell, for the 2,952 shares he holds of
record and in the case of Newhall, for the 15,856 shares he holds of record
and beneficially.
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.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Not applicable.
Page 14 of 23 Pages
<PAGE>
Item 8. Identification and Classification of Members of the Group.
Not applicable. The Reporting Persons expressly disclaim membership in
a "group" as used in Rule 13d-1(b)(ii)(H).
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 15 of 23 Pages
<PAGE>
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.
Date: February 10, 1997
NEW ENTERPRISE ASSOCIATES IV,
LIMITED PARTNERSHIP
By: NEA Partners IV, Limited Partnership
By: *
----------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS IV, LIMITED PARTNERSHIP
By: *
-------------------------------
Charles W. Newhall III
General Partner
NEW ENTERPRISE ASSOCIATES VI,
LIMITED PARTNERSHIP
By: NEA Partners VI, Limited Partnership
By: *
---------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS VI, LIMITED PARTNERSHIP
By: *
------------------------------
Charles W. Newhall III
General Partner
Page 16 of 23 Pages
<PAGE>
*
- ------------------------------
Frank A. Bonsal, Jr.
*
- ------------------------------
C. Richard Kramlich
*
- ------------------------------
Arthur J. Marks
*
- ------------------------------
Thomas C. McConnell
*
- ------------------------------
Charles W. Newhall III
*/s/ Nancy L. Dorman
-----------------------------------------
Nancy L. Dorman
on her own behalf and as Attorney-in-Fact
- --------------------------------------------------------------------------------
This Schedule 13G was executed by Nancy L. Dorman pursuant to Powers of Attorney
filed with the Securities and Exchange Commission on February 13, 1992 in
connection with a Schedule 13G for Advanced Interventional Systems Inc. and on
February 13, 1995 in connection with a Schedule 13G for Acuity Imaging, Inc.,
which Powers of Attorney are incorporated herein by reference and copies of
which are attached hereto as Exhibit 2.
Page 17 of 23 Pages
<PAGE>
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 Opta Food Ingredients, Inc.
EXECUTED this 10th day of February, 1997.
NEW ENTERPRISE ASSOCIATES IV,
LIMITED PARTNERSHIP
By: NEA Partners IV, Limited Partnership
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS IV, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEW ENTERPRISE ASSOCIATES VI,
LIMITED PARTNERSHIP
By: NEA Partners VI, Limited Partnership
By: *
-----------------------------
Charles W. Newhall III
General Partner
NEA PARTNERS VI, LIMITED PARTNERSHIP
By: *
-----------------------------
Charles W. Newhall III
General Partner
Page 18 of 23 Pages
<PAGE>
*
- ---------------------------
Frank A. Bonsal, Jr.
*
- ---------------------------
C. Richard Kramlich
*
- ---------------------------
Arthur J. Marks
*
- ---------------------------
Thomas C. McConnell
*
- ---------------------------
Charles W. Newhall III
*/s/ Nancy L. Dorman
-------------------------------------------
Nancy L. Dorman
on her own behalf and as Attorney-in-Fact
- --------------------------------------------------------------------------------
This Agreement was executed by Nancy L. Dorman pursuant to Powers of Attorney
filed with the Securities and Exchange Commission on February 13, 1992 in
connection with a Schedule 13G for Advanced Interventional Systems Inc. and on
February 13, 1995 in connection with a Schedule 13G for Acuity Imaging, Inc.,
which Powers of Attorney are incorporated herein by reference and copies of
which are attached hereto as Exhibit 2.
Page 19 of 23 Pages
<PAGE>
Exhibit 2
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Nancy L. Dorman and Charles W. Newhall
III, and each of them, with full power to act without the other, his true and
lawful attorney-in-fact, with full power of substitution, to sign any and all
instruments, certificates and documents that may be necessary, desirable or
appropriate to be executed on behalf of himself as an individual or in his
capacity as a general partner of any partnership, pursuant to section 13 or 16
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any
and all regulations promulgated thereunder, and to file the same, with all
exhibits thereto, and any other documents in connection therewith, with the
Securities and Exchange Commission, and with any other entity when and if such
is mandated by the Exchange Act or by the By-laws of the National Association of
Securities Dealers, Inc., granting unto said attorney-in-fact full power and
authority to do and perform each and every act and thing necessary, desirable or
appropriate, fully to all intents and purposes as he might or could do in
person, thereby ratifying and confirming all that said attorney-in-fact, or his
substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 23rd
day of April, 1991.
/s/ Raymond L. Bank
---------------------------
Raymond L. Bank
/s/ Thomas R. Baruch
---------------------------
Thomas R. Baruch
/s/ Cornelius C. Bond, Jr.
---------------------------
Cornelius C. Bond, Jr.
/s/ Frank A. Bonsal, Jr.
---------------------------
Frank A. Bonsal, Jr.
/s/ James A. Cole
---------------------------
James A. Cole
Page 20 of 23 Pages
<PAGE>
/s/ Nancy L. Dorman
---------------------------
Nancy L. Dorman
/s/ Neal M. Douglas
---------------------------
Neal M. Douglas
/s/ John W. Glynn, Jr.
---------------------------
John W. Glynn, Jr.
/s/ Curran W. Harvey
---------------------------
Curran W. Harvey
/s/ Ronald Kase
---------------------------
Ronald Kase
/s/ C. Richard Kramlich
---------------------------
C. Richard Kramlich
/s/ Robert F. Kuhling
---------------------------
Robert F. Kuhling
/s/ Arthur J. Marks
---------------------------
Arthur J. Marks
/s/ Thomas C. McConnell
---------------------------
Thomas C. McConnell
/s/ Donald L. Murfin
---------------------------
Donald L. Murfin
/s/ H. Leland Murphy
---------------------------
H. Leland Murphy
Page 21 of 23 Pages
<PAGE>
/s/ John M. Nehra
---------------------------
John M. Nehra
/s/ Charles W. Newhall III
---------------------------
Charles W. Newhall III
/s/ Terry L. Opdendyk
---------------------------
Terry L. Opdendyk
/s/ Barbara J. Perrier
---------------------------
Barbara J. Perrier
/s/ C. Vincent Prothro
---------------------------
C. Vincent Prothro
/s/ C. Woodrow Rea, Jr.
---------------------------
C. Woodrow Rea, Jr.
/s/ Howard D. Wolfe, Jr.
---------------------------
Howard D. Wolfe, Jr.
/s/ Nora M. Zietz
---------------------------
Nora M. Zietz
Page 22 of 23 Pages
<PAGE>
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Nancy L. Dorman and Charles W. Newhall
III, and each of them, with full power to act without the other, his true and
lawful attorney-in-fact, with full power of substitution, to sign any and all
instruments, certificates and documents that may be necessary, desirable or
appropriate to be executed on behalf of himself as an individual or in his
capacity as a general partner of any partnership, pursuant to section 13 or 16
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any
and all regulations promulgated thereunder, and to file the same, with all
exhibits thereto, and any other documents in connection therewith, with the
Securities and Exchange Commission, and with any other entity when and if such
is mandated by the Exchange Act or by the By-laws of the National Association of
Securities Dealers, Inc., granting unto said attorney-in-fact full power and
authority to do and perform each and every act and thing necessary, desirable or
appropriate, fully to all intents and purposes as he might or could do in
person, thereby ratifying and confirming all that said attorney-in-fact, or his
substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 1st
day of January, 1994.
/s/ Peter J. Barris
---------------------------
Peter J. Barris
/s/ Debra E. King
---------------------------
Debra E. King
/s/ Peter T. Morris
---------------------------
Peter. T. Morris
/s/ Hugh Y. Rienhoff, Jr.
---------------------------
Hugh Y. Rienhoff, Jr.
/s/ Alexander Slusky
---------------------------
Alexander Slusky
/s/ Louis B. Van Dyck
---------------------------
Louis B. Van Dyck
Page 23 of 23 Pages
