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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT
TO 13d-2(b)
(Amendment No. 1)*
Peerless Systems Corporation
----------------------------
(Name of Issuer)
Common Stock, $.001 par value
-----------------------------
(Title of Class of Securities)
7055361
-------------
(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 (the "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 1 of 14 pages
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CUSIP No. 7055361 13G Page 2 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Battery Ventures II, L.P.
04-3024533
- ------------------------------------------------------------------------------
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
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 - shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH - 0 - shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,075,151 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.08%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 14 Pages
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CUSIP No. 7055361 13G Page 3 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ABF Partners II, L.P.
04-3024534
- ------------------------------------------------------------------------------
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
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 - shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH - 0 - shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,075,151 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.08%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 14 pages
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CUSIP No. 7055361 13G Page 4 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert G. Barrett
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 22,357 shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 22,357 shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,097,508 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.29%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 14 pages
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CUSIP No. 7055361 13G Page 5 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Oliver D. Curme
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 - shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH - 0 - shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,075,151 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.08%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 14 pages
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CUSIP No. 7055361 13G Page 6 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard D. Frisbie
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 22,357 shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 22,357 shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,097,508 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.29%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 14 pages
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CUSIP No. 7055361 13G Page 7 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Howard Anderson
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 - shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH - 0 - shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,075,151 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.08%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 14 pages
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CUSIP No. 7055361 13G Page 8 of 14 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas J. Crotty
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 4,697 shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,075,151 shares
REPORTING -----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 4,697 shares
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,151 shares
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,079,848 shares
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.13%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 14 pages
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Item 1 (a). Name of Issuer:
Peerless Systems Corporation
Item 1 (b). Address of Issuer's Principal Executive Offices:
2381 Rosecrans Avenue, El Segundo, CA 90245
Item 2 (a). Name of Person Filing:
Battery Ventures II, L.P. ("Battery"), ABF Partners II, L.P.
("ABF"), Howard Anderson ("Anderson"), Richard D. Frisbie
("Frisbie"), Robert G. Barrett ("Barrett"), Oliver D. Curme
("Curme") and Thomas J. Crotty ("Crotty"). Anderson, Frisbie,
Barrett, Curme and Crotty are the general partners of ABF, the
sole general partner of Battery.
Item 2 (b). Address of Principal Business Office or, if none, Residence:
The address of the principal business office of each of
Battery, ABF, Anderson, Frisbie, Barrett, Curme and Crotty is
c/o Battery Ventures, 20 William Street, Wellesley, MA 02181.
Item 2 (c). Citizenship:
Messrs. Barrett, Curme, Frisbie, Anderson and Crotty are United
States citizens. Battery and ABF are limited partnerships
organized under the laws of the State of Delaware.
Item 2 (d). Title of Class of Securities:
Common Stock, $.001 par value
Item 2 (e). CUSIP Number
7055361
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 Advisor registered under Section 203 or
the Investment Advisors 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.
Page 9 of 14 pages
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(g) [ ] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G) of the Act.
(h) [ ] Group, in accordance with Rule 13a-1(b)(1)(ii)(H)
of the Act.
NOT APPLICABLE
Item 4. Ownership:
(a) Amount Beneficially Owned:
Battery owns beneficially and of record 1,075,151 shares
of Common Stock of Peerless Systems Corporation as of
December 31, 1997. ABF, the general partner of Battery,
may be deemed to own beneficially the 1,075,151 shares of
Common Stock held by Battery as of December 31, 1997.
Barrett, Curme, Frisbie, Anderson and Crotty are general
partners of ABF, and each therefore may be deemed to own
beneficially the 1,075,151 shares held by Battery as of
December 31, 1997. Each of ABF, Barrett, Curme, Firsbie,
Anderson and Crotty disclaims beneficial ownership of the
shares held of record by Battery. In addition to the
shares held by Battery, each of Frisbie and Barrett owns
beneficially 22,357 shares of Peerless Systems Corporation
and Crotty owns beneficially 4,697 shares of Peerless
Systems Corporation.
(b) Percent of Class:
Each of Battery, ABF, Anderson and Curme owns beneficially
10.08% of the Common Stock of Peerless Systems
Corporation. Each of Barrett and Frisbie owns beneficially
10.29% of the Common Stock of Peerless Systems
Corporation. Crotty owns beneficially 10.13% of the Common
Stock of Peerless Systems Corporation. The percentages
are based on the 10,663,905 shares of Common Stock
reported to be outstanding on October 31, 1997 in the
Peerless Systems Corporation Quarterly Report on Form 10-Q
for the quarter ended October 31, 1997.
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote: Battery: 0;
ABF: 0; Barrett: 22,357; Curme: 0; Frisbie:
22,357; Anderson: 0 and Crotty: 4,697.
(ii) shared power to vote or to direct the vote: Battery:
1,075,151; ABF: 1,075,151; Barrett: 1,075,151; Curme
1,075,151; Frisbie: 1,075,151; Anderson: 1,075,151 and
Crotty: 1,075,151.
(iii) sole power to dispose or to direct the disposition
of: Battery: 0; ABF: 0; Barrett: 22,357; Curme:
0; Frisbie: 22,357; Anderson: 0 and Crotty: 4,697.
(iv) shared power to dispose or to direct the disposition
of: Battery: 1,075,151; ABF: 1,075,151; Barrett:
1,075,151; Curme: 1,075,151; Frisbie: 1,075,151;
Anderson: 1,075,151 and Crotty: 1,075,151.
Page 10 of 14 pages
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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 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.
Not filed pursuant to Rule 13d-1(b).
Page 11 of 14 pages
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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.
Dated: February 13, 1998 BATTERY VENTURES II, L.P.
By: ABF PARTNERS II, L.P.
By: /s/ Richard D. Frisbie
----------------------------------
General Partner
ABF PARTNERS II, L.P.
By: /s/ Richard D. Frisbie
----------------------------------------
General Partner
*
--------------------------------------------
Robert G. Barrett
*
--------------------------------------------
Oliver D. Curme
/s/ Richard D. Frisbie
--------------------------------------------
Richard D. Frisbie
*
--------------------------------------------
Howard Anderson
*
--------------------------------------------
Thomas J. Crotty
*By: /s/ Richard D. Frisbie
-----------------------------
Name: Richard D. Frisbie
-----------------------------
Attorney-in-Fact
- ------------------------------------------------------------------------------
This Schedule 13G was executed by Richard D. Frisbie or Oliver D. Curme
pursuant to Powers of Attorney which are incorporated herein by reference and
copies of which are attached hereto as Exhibit II.
Page 12 of 14 pages
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EXHIBIT I
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 on Schedule 13G need be filed with respect to ownership
by each of the undersigned of shares of Common Stock of Peerless Systems
Corporation.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original.
Dated: February 13, 1998 BATTERY VENTURES II, L.P.
By: ABF PARTNERS II, L.P.
By: /s/ Richard D. Frisbie
-----------------------------------
General Partner
ABF PARTNERS II, L.P.
By: /s/ Richard D. Frisbie
----------------------------------------
General Partner
*
--------------------------------------------
Robert G. Barrett
*
--------------------------------------------
Oliver D. Curme
/s/ Richard D. Frisbie
--------------------------------------------
Richard D. Frisbie
*
--------------------------------------------
Howard Anderson
*
--------------------------------------------
Thomas J. Crotty
*By: /s/ Richard D. Frisbie
--------------------------
Name: Richard D. Frisbie
--------------------------
Attorney-in-Fact
- ------------------------------------------------------------------------------
This Agreement was executed by Richard D. Frisbie or Oliver D. Curme
pursuant to Powers of Attorney which are incorporated herein by reference and
copies of which are attached hereto as Exhibit II.
Page 13 of 14 pages
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EXHIBIT II
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Oliver D. Curme and Richard D. Frisbie,
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 document that may be necessary, desirable or
appropriate to be executed in his capacity as a general partner of ABF
Partners, L.P., ABF Partners II, L.P., and Battery Partners III, L.P., or in
his capacity as a member manager of Battery Partners IV, LLC, with respect to
securities held by such signatory as a result of his relationship with any of
the foregoing entities or with Battery Ventures, L.P., Battery Ventures II,
L.P., Battery Ventures III, L.P. or Battery Ventures IV, L.P., 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 attorneys-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 attorneys-in-fact, or their 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
14th day of February, 1997.
/s/ Richard D. Frisbie
----------------------------------------
Richard D. Frisbie
/s/ Robert G. Barrett
----------------------------------------
Robert G. Barrett
/s/ Howard Anderson
----------------------------------------
Howard Anderson
/s/ Oliver D. Curme
----------------------------------------
Oliver D. Curme
/s/ Thomas J. Crotty
----------------------------------------
Thomas J. Crotty
/s/ Kenneth P. Lawler
----------------------------------------
Kenneth P. Lawler
/s/ Todd A. Dagres
----------------------------------------
Todd A. Dagres
Page 14 of 14 pages
