<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------------
SCHEDULE 13D
(AMENDMENT NO. 5)
UNDER THE SECURITIES EXCHANGE ACT OF 1934/1/
METRICOM, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
591596 10 1
(CUSIP Number)
With a copy to:
--------------
William D. Savoy Alvin G. Segel
Vulcan Northwest, Inc. Irell & Manella LLP
110 110th Avenue, N.E. 1800 Avenue of the Stars
Suite 550 Suite 900
Bellevue, Washington 98004 Los Angeles, California 90067
Tel: (206) 453-1940 Tel: (310) 277-1010
Fax: (206) 453-1985 Fax: (310) 203-7199
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
January 30, 1998
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Note. Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
(Continued on following pages)
(Page 1 of 8 Pages)
- ---------------------
/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 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. 591596 10 1 13D PAGE 2 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Vulcan Ventures Incorporated
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
WC
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEM 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Vulcan Ventures Incorporated is a Washington corporation
- ------------------------------------------------------------------------------
SOLE VOTING POWER:
7
NUMBER OF 9,121,745
SHARES -----------------------------------------------------------
SHARED VOTING POWER:
BENEFICIALLY 8
n/a
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER:
9
REPORTING 9,121,745
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER:
WITH 10
n/a
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
11
9,121,745
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
13
49.61%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*:
14
Vulcan Ventures Incorporated -- CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 591596 10 1 13D PAGE 3 OF 8 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Paul G. Allen
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
AF
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEM 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Paul G. Allen is a U.S. Citizen
- ------------------------------------------------------------------------------
SOLE VOTING POWER:
7
9,146,745 (25,000 of which are held directly by Paul
G. Allen and the remaining 9,121,745 are held by
NUMBER OF Vulcan Ventures)
SHARES -----------------------------------------------------------
SHARED VOTING POWER:
BENEFICIALLY 8
n/a
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER:
9
REPORTING 9,146,745 (25,000 of which are held directly by Paul
G. Allen and the remaining 9,121,745 are held by
PERSON Vulcan Ventures)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER:
10
n/a
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
11
9,146,745
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
12
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
13
49.74%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*:
14
Paul G. Allen -- IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 591596 10 1 13D PAGE 4 OF 8 PAGES
- ----------------------- ---------------------
This Amendment No. 5 to Schedule 13D relates to shares of common stock of
Metricom, Inc. (the "Issuer"). This Amendment No. 5 supplements and amends the
initial statement on Schedule 13D dated November 10, 1993 (the "Initial
Statement"), as amended by Amendment No. 1 thereto dated March 8, 1995,
Amendment No. 2 thereto dated September 25, 1997, Amendment No. 3 thereto dated
October 13, 1997, and Amendment No. 5 thereto dated November 18, 1997, filed by
Vulcan Ventures Incorporated ("Vulcan Ventures") and Mr. Paul G. Allen (together
with Vulcan Ventures, the "Reporting Persons"). This Amendment No. 5 is being
filed to report the completed acquisition by the Reporting Persons of certain of
the shares of the Issuer.
Item 3. Source and Amount of Funds or Other Consideration
- ------ -------------------------------------------------
Item 3 of the Initial Statement as heretofore amended is hereby amended
further by adding the following:
On January 30, 1998, Vulcan Ventures completed its purchase of
4,650,000 shares (the "Shares") of the Issuer from the Issuer pursuant to a
Stock Purchase Agreement dated October 10, 1997. Vulcan Ventures purchased the
Shares for a consideration of $12.00 per share. The aggregate amount of funds
used by Vulcan Ventures in purchasing the Shares was $55,800,000, the sole
source of which was working capital of Vulcan Ventures.
Item 5. Interest in Securities of the Issuer
- ------ ------------------------------------
Item 5 of the Initial Statement is hereby amended and restated in its
entirety as follows:
(a) Aggregate Number of Shares of Common Stock of the Issuer Beneficially
Owned: 9,121,745.
Percentage of Common Stock of the Issuer Owned (based on 18,388,136
shares outstanding of common stock as of November 11, 1997, after giving
effect to the issuance of the Shares): 49.61%
(b) Sole Voting Power 9,121,745
Sole of Dispositive Power: 9,121,745
Shared Voting Power -0-
Shared Dispositive Power: -0-
(c) No transactions in the class of securities reported on were
effected the past sixty days except as described above.
(d) Not applicable
(e) Not applicable
To the best knowledge of Vulcan Ventures, its directors, executive officers
and controlling persons beneficially own the following shares of the Issuer:
Paul G. Allen, Director, President and sole shareholder of Vulcan Ventures
- - 9,146,745 shares (which includes the 9,121,745 shares owned by Vulcan
Ventures).
William D. Savoy, Director and Vice President of Vulcan Ventures, and Bert
E. Kolde, Director and Vice President of Vulcan Ventures, do not own any shares
of the Issuer.
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 591596 10 1 13D PAGE 5 OF 8 PAGES
- ----------------------- ---------------------
ITEM 7. Material to be Filed as Exhibits
--------------------------------
1. Stock Purchase Agreement dated October 10, 1997 between Vulcan Ventures
and the Issuer.*
2. Durable Special Power of Attorney, dated September 25, 1997, granted by
Paul G. Allen to William D. Savoy.**
* Previously filed with Amendment No. 3 to Schedule 13D dated October 13, 1997.
** Previously filed with Amendment No. 2 to Schedule 13D dated September 25,
1997.
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.
VULCAN VENTURES INCORPORATED
February 4, 1998
By: /s/ William Savoy
_____________________________
William Savoy, Vice President
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 591596 10 1 13D PAGE 6 OF 8 PAGES
- ----------------------- ---------------------
Item 3. Source and Amount of Funds or Other Consideration
- ------ -------------------------------------------------
Item 3 of the Initial Statement as heretofore amended is hereby amended
further by adding the following:
On January 30, 1998, Vulcan Ventures completed its purchase of
4,650,000 shares (the "Shares") of the Issuer from the Issuer to a Stock
Purchase Agreement dated October 10, 1997. Vulcan Ventures purchased the Shares
for a consideration of $12.00 per share. The aggregate amount of funds used by
Vulcan Ventures in purchasing the Shares was $55,800,000, the sole source of
which was working capital of Vulcan Ventures.
Item 5. Interest in Securities of the Issuer
- ------ ------------------------------------
Item 5 of the Initial Statement is hereby amended and restated in its
entirety as follows:
(a) Aggregate Number of Shares of Common Stock of the Issuer
Beneficially Owned: This amount includes: (i) 9,121,745 shares
directly owned by Vulcan Ventures and (ii) 25,000 shares directly
owned by Paul G. Allen.
Percentage of Common Stock of the Issuer Owned (based on
18,388,136 shares outstanding of common stock as of November 11, 1997,
after giving effect to the issuance of the Shares): 49.74%
(b) Sole voting Power 9,146,745
Sole Dispositive Power: 9,146,745
Shared Voting Power -0-
Shared Dispositive Power: -0-
(c) No transactions in the class of securities reported on were
effected during the past sixty days except as described above.
(d) Not applicable
(e) Not applicable
ITEM 7. Material to be Filed as Exhibits
--------------------------------
1. Stock Purchase Agreement dated October 10, 1997 between Vulcan
Ventures and the Issuer.*
2. Durable Special Power of Attorney, dated September 25, 1997,
granted by Paul G. Allen to William D. Savoy.**
* Previously filed with Amendment No. 3 to Schedule 13D dated October 13, 1997.
** Previously filed with Amendment No. 2 to Schedule 13D dated September 25,
1997.
SIGNATURE
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 591596 10 1 13D PAGE 7 OF 8 PAGES
- ----------------------- ---------------------
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.
February 4, 1997 Paul G. Allen
By: /s/ William Savoy
_______________________________
William Savoy, Attorney in Fact
for Paul G. Allen
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 591596 10 1 13D PAGE 8 OF 8 PAGES
- ----------------------- ---------------------
EXHIBITS
--------
1. Stock Purchase Agreement dated October 10, 1997 between Vulcan
Ventures and the Issuer.*
2. Durable Special Power of Attorney, dated September 25, 1997,
granted by Paul G. Allen to William D. Savoy.**
* Previously filed with Amendment No. 3 to Schedule 13D dated October 13, 1997.
** Previously filed with Amendment No. 2 to Schedule 13D dated September 25,
1997.
