Page 1 of 27
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13D-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13D-2(a)
HYBRID NETWORKS, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $0.001 Par Value Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
44860K102
- --------------------------------------------------------------------------------
(CUSIP Number)
Carter Sednaoui Linda B. Daley, Esq.
Accel Partners Gunderson Dettmer Stough
428 University Ave. Villeneuve Franklin & Hachigian, LLP
Palo Alto, CA 94301 155 Constitution Drive
Menlo Park, CA 94025
(650) 321-2400
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
December 1999
- --------------------------------------------------------------------------------
(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(e), 13d-1(f) or 13d-1(g), check the
following box /x/.
The information required on 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.
-1-
<PAGE>
Page 2 of 27
<TABLE>
<CAPTION>
SCHEDULE 13D
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel IV, L.P.
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER 988,712 shares, except that Accel IV Associates L.P. ("A4A"), the general
partner of A4, may be deemed to have sole power to vote these shares, and
Swartz Family Partnership L.P. ("SFP"), James W. Breyer ("Breyer"), Luke B.
Evnin ("Evnin"), Eugene D. Hill, III ("Hill"), Paul H. Klingenstein
("Klingenstein"), Arthur C. Patterson ("Patterson"), G. Carter Sednaoui
("Sednaoui") and James R. Swartz ("Swartz"), the general partners of A4A, may
be deemed to have shared power to vote these shares.
OF -------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 988,712 shares, except that A4A, the general partner of A4, may be deemed to
have sole power to dispose of these shares, and SFP, Breyer, Evnin, Hill,
Klingenstein, Patterson, Sednaoui and Swartz, the general partners of A4A, may
be deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
988,712
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.3%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 3 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel IV Associates L.P. ("A4A")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 988,712 shares, all of which are directly owned by Accel IV L.P. ("A4"). A4A,
the general partner of A4, may be deemed to have sole power to vote these
shares, and Swartz Family Partnership L.P. ("SFP"), James W. Breyer ("Breyer"),
Luke B. Evnin ("Evnin"), Eugene D. Hill, III ("Hill"), Paul H. Klingenstein
("Klingenstein"), Arthur C. Patterson ("Patterson"), G. Carter Sednaoui
("Sednaoui") and James R. Swartz ("Swartz"), the general partners of A4A, may
be deemed to have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 988,712 shares, all of which are directly owned by A4. A4A, the general partner
of A4, and SFP, the general partner of A4A, may be deemed to have sole power to
dispose of these shares, and SFP, Breyer, Evnin, Hill, Klingenstein, Patterson,
Sednaoui and Swartz, the general partners of A4A, may be deemed to have shared
power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
988,712
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.3%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
-3-
<PAGE>
Page 4 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel Keiretsu L.P. ("AK")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 20,511 shares, except that Accel Partners & Co. Inc. ("AP&C"), the general
partner of AK, may be deemed to have sole power to vote these shares, and James
W. Breyer ("Breyer"), Luke B. Evnin ("Evnin"), Eugene D. Hill, III ("Hill"),
Arthur C. Patterson ("Patterson"), G. Carter Sednaoui ("Sednaoui ") and James
R. Swartz ("Swartz"), the officers of AP&C, may be deemed to have shared power
to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 20,511 shares, except that AP&C, the general partner of AK, may be deemed to
have sole power to dispose of these shares, and Breyer, Evnin, Hill, Patterson,
Sednaoui and Swartz, the officers of AP&C, may be deemed to have shared power
to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,511
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 5 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel Partners & Co. Inc. ("AP&C")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 20,511 shares, all of which are directly owned by Accel Keiretsu L.P. ("AK").
AP&C, the general partner of AK, may be deemed to have sole power to vote these
shares, and James W. Breyer ("Breyer"), Luke B. Evnin ("Evnin"), Eugene D.
Hill, III ("Hill"), Arthur C. Patterson ("Patterson"), G. Carter Sednaoui
("Sednaoui ") and James R. Swartz ("Swartz"), the officers of AP&C, may be
deemed to have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 20,511 shares, all of which are directly owned by AK. AP&C, the general partner
of AK, may be deemed to have sole power to dispose of these shares, and Breyer,
Evnin, Hill, Patterson, Sednaoui and Swartz, the officers of AP&C, may be
deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,511
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 6 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel Investors '95 L.P.
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 46,416 share , except that James W. Breyer ("Breyer"), Luke B. Evnin ("Evnin"),
Eugene D. Hill, III ("Hill"), Paul H. Klingenstein ("Klingenstein"), Arthur C.
Patterson ("Patterson"), G. Carter Sednaoui ("Sednaoui ") and James R. Swartz
("Swartz"), the general partners of AI95, may be deemed to have shared power to
vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 46,416 shares, except that Breyer, Evnin, Hill, Klingenstein, Patterson,
Sednaoui and Swartz, the general partners of AI95, may be deemed to have shared
power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
46,416
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 7 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Swartz Family Partnership L.P. ("SFP")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 2,585,203 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
1,277,193 are directly owned by Accel VII L.P. ("A7") and 319,298 are directly
owned by Accel Internet Fund III L.P. ("AIF3"). SFP is a general partner of
Accel IV Associates L.L.C. ("A4A"), the general partner of A4, a managing
member of Accel VII Associates L.P. ("A7A"), the general partner of A7 and a
managing member of Accel Internet Fund III Associates L.P. ("AIF3A"), the
general partner of AIF3 and may be deemed to have shared power to vote these
shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 0 Shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 2,585,203 shares, of which 988,712 are directly owned by A4, 1,277,193 are
directly owned by A7 and 319,298 are directly owned by AIF3. SFP is a general
partner of A4A, the general partner of A4, a managing member of A7A, the
general partner of A7 and a managing member of AIF3A, the general partner of
AIF3 and may be deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
0 Shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,585,203
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.2%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 8 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel VII L.P. ("A7")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 1,277,193 shares, except that Accel VII Associates L.L.C. ("A7A"), the general
partner of A7, may be deemed to have sole power to vote these shares, and ACP
Family Partnership L.P. ("ACPFP"), Swartz Family Partnership L.P. ("SFP"),
James W. Breyer ("Breyer"), G. Carter Sednaoui ("Sednaoui"), James R. Swartz
("Swartz"), Arthur C. Patterson and J. Peter Wagner ("Wagner"), the managing
members of A7A, may be deemed to have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 1,277,193 shares, except that A7A, the general partner of A7, may be deemed to
have sole power to dispose of these shares, and ACPFP, SFP, Breyer, Sednaoui,
Swartz and Wagner, the managing members of A7A, may be deemed to have shared
power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,277,193
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.0%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 9 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel VII Associates L.P. ("A7A")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 1,277,193 shares, all of wich are directly owned by Accel VII L.P. ("A7").
Accel VII Associates L.L.C. ("A7A"), the general partner of A7, may be deemed
to have sole power to vote these shares, and ACP Family Partnership L.P.
("ACPFP"), Swartz Family Partnership L.P. ("SFP"), James W. Breyer ("Breyer"),
G. Carter Sednaoui ("Sednaoui"), James R. Swartz ("Swartz"), Arthur C.
Patterson ("Patterson") and J. Peter Wagner ("Wagner"), the managing members of
A7A, may be deemed to have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 1,277,193 shares, all of which are directly owned by A7. A7A, the general
partner of A7, may be deemed to have sole power to dispose of these shares, and
ACPFP, SFP, Breyer, Sednaoui, Swartz and Wagner, the managing members of A7A,
may be deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,277,193
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.0%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 10 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel Internet Fund III L.P. ("AIF3")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 319,298 shares, except that Accel Internet Fund III Associates L.L.C.
("AIF3A"), the general partner of AIF3, may be deemed to have sole power to
vote these shares, and ACP Family Partnership L.P. ("ACPFP"), Swartz Family
Partnership L.P. ("SFP"), James W. Breyer ("Breyer"), Arthur C. Patterson
("Patterson"), G. Carter Sednaoui ("Sednaoui"), James R. Swartz ("Swartz") and
J. Peter Wagner ("Wagner"), the managing members of AIF3A, may be deemed to
have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 319,298 shares, except that AIF3A, the general partner of AIF3, may be deemed
to have sole power to dispose of these shares, and ACPFP, SFP, Breyer,
Patterson, Sednaoui, Swartz and Wagner, the managing members of AIF3A, may be
deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
319,298
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%.
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 11 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
- ---------- ---------------------------------------------------------------------------------------------------------
<S> <C>
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel Internet Fund III Associates L.P. ("AIF3A")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 319,298 shares, all of which are owned by Accel Internet Fund III L.P.
("AIF3"). AIF3A, the general partner of AIF3, may be deemed to have sole power
to vote these shares, and ACP Family Partnership L.P. ("ACPFP"), Swartz Family
Partnership L.P. ("SFP"), James W. Breyer ("Breyer"), Arthur C. Patterson
("Patterson"), G. Carter Sednaoui ("Sednaoui"), James R. Swartz ("Swartz") and
J. Peter Wagner ("Wagner"), the managing members of AIF3A, may be deemed to
have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 319,298 shares, all of which are owned by AIF3. AIF3A, the general partner of
AIF3, may be deemed to have sole power to dispose of these shares, and ACPFP,
SFP, Breyer, Patterson, Sednaoui, Swartz and Wagner, the managing members of
AIF3, may be deemed to have shared power to dispose of these shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
319,298
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%.
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 12 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Accel Investors `99 L.P. ("AI99")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF 157,895 shares, except that Arthur C. Patterson ("Patterson"), G. Carter
Sednaoui ("Sednaoui "), James R. Swartz ("Swartz") and J. Peter Wagner
("Wagner"), the general partners of AI99, may be deemed to have shared power to
vote these shares.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED See Response to Row 7.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 157,895 shares, except that Patterson, Sednaoui, Swartz and Wagner, the general
partners of AI99, may be deemed to have shared power to dispose of these
shares.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
See Response to Row 9.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
157,895
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%.
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ACP Family Partnership L.P. ("ACPFLP")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of California
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 1,596,491 shares, of which 1,277,193 are directly owned by Accel VII L.P.
("A7") and 319,298 are directly owned by Accel Internet Fund III L.P. ("AIF3").
ACPFLP is a managing member of Accel VII Associates L.P. ("A7A"), the general
partner of A7, and a managing member of Accel Internet Fund III Associates L.P.
("AIF3A"), the general partner of AIF3, and may be deemed to have shared power
to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,596,491 shares, of which 1,277,193 are directly owned by Accel VII L.P.
("A7") and 319,298 are directly owned by Accel Internet Fund III L.P. ("AIF3").
ACPFLP is a managing member of Accel VII Associates L.P. ("A7A"), the general
partner of A7, and a managing member of Accel Internet Fund III Associates L.P.
("AIF3A"), the general partner of AIF3, and may be deemed to have shared power
to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,596,491
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.0%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 14 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James W. Breyer ("Breyer")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 2,652,130 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), and 319,298 are directly owned by Accel Internet Fund
III L.P. ("AIF3"). Breyer is a general partner of Accel IV Associates L.P.
("A4A"), the general partner of A4, a general partner of AI95, an officer of
Accel Partners & Co. ("AC&P"), the general partner of AK, a managing member of
Accel VII Associates L.L.C. ("A7A"), the general partner of A7, and a managing
member of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general
partner of AIF3 and may be deemed to have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
2,652,130 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), and 319,298 are directly owned by Accel Internet Fund
III L.P. ("AIF3"). Breyer is a general partner of Accel IV Associates L.P.
("A4A"), the general partner of A4, a general partner of AI95, an officer of
Accel Partners & Co. ("AC&P"), the general partner of AK, a managing member of
Accel VII Associates L.L.C ("A7A"), the general partner of A7, and a managing
member of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general
partner of AIF3 and may be deemed to have shared power to dispose of these
shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,652,130
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.8%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 15 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Luke B. Evnin ("Evnin")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 1,055,639 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
20,511 are directly owned by Accel Keiretsu L.P. ("AK") and 46,416 are directly
owned by Accel Investors `95 L.P. ("AI95"). Evnin is a general partner of Accel
IV Associates L.P. ("A4A"), the general partner of A4, and an officer of AP&C,
the general partner of AK, and a general partner of AI95 and may be deemed to
have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,055,639 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
20,511 are directly owned by Accel Keiretsu L.P. ("AK") and 46,416 are directly
owned by Accel Investors `95 L.P. ("AI95"). Evnin is a general partner of Accel
IV Associates L.P. ("A4A"), the general partner of A4, and an officer of AP&C,
the general partner of AK, and a general partner of AI95 and may be deemed to
have shared power to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,055,639
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.9%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 16 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eugene D. Hill, III ("Hill")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 1,055,639 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
20,511 are directly owned by Accel Keiretsu L.P. ("AK") and 46,416 are directly
owned by Accel Investors `95 L.P. ("AI95"). Hill is a general partner of Accel
IV Associates L.P. ("A4A"), the general partner of A4, and an officer of AP&C,
the general partner of AK, and a general partner of AI95 and may be deemed to
have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,055,639 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
20,511 are directly owned by Accel Keiretsu L.P. ("AK") and 46,416 are directly
owned by Accel Investors `95 L.P. ("AI95"). Hill is a general partner of Accel
IV Associates L.P. ("A4A"), the general partner of A4, and an officer of AP&C,
the general partner of AK, and a general partner of AI95 and may be deemed to
have shared power to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,055,639
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.9%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 17 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul H. Klingenstein ("Klingenstein")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED
1,035,128 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
and 46,416 are directly owned by Accel Investors `95 L.P. ("AI95").
Klingenstein is a general partner of Accel IV Associates L.P. ("A4A") and a
general partner of AI95 and may be deemed to have shared power to vote these
shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,035,128 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
and 46,416 are directly owned by Accel Investors `95 L.P. ("AI95").
Klingenstein is a general partner of Accel IV Associates L.P. ("A4A"), the
general partner of A4 and a general partner of AI95 and may be deemed to have
shared power to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,035,128
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.7%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 18 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Arthur C. Patterson ("Patterson")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF
23,749 shares which are all directly owned by Ellmore C. Patterson Partners
("ECPP"). Patterson is the sole general partner of ECPP and therefore has sole
voting power.
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 2,810,025 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), 319,298 are directly owned by Accel Internet Fund III
L.P. ("AIF3") and 157,895 are directly owned by Accel Investors '99 L.P.
("AI99"). Patterson is a general partner of Accel IV Associates L.P. ("A4A"),
the general partner of A4, a general partner of AI95, a co-owner and officer of
Accel Partners & Co. ("AC&P"), the general partner of AK, a managing member of
Accel VII Associates L.L.C. ("A7A"), the general partner of A7, and a managing
member of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general
partner of AIF3 and may be deemed to have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING 23,749 shares which are all directly owned by Ellmore C. Patterson Partners
("ECPP"). Patterson is the sole general partner of ECPP and therefore has sole
dispositive power.
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
2,810,025 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), and 319,298 are directly owned by Accel Internet Fund
III L.P. ("AIF3") and 157,895 are directly owned by Accel Investors '99 L.P.
("AI 99"). Patterson is a general partner of Accel IV Associates L.P. ("A4A"),
the general partner of A4, a general partner of AI95, an officer of Accel
Partners & Co. ("AC&P"), the general partner of AK, a managing member of Accel
VII Associates L.L.C. ("A7A"), the general partner of A7, and a managing member
of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general partner of
AIF3 and may be deemed to have shared power to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,833,774
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.5%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 19 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
G. Carter Sednaoui ("Sednaoui")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 2,810,025 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), 319,298 are directly owned by Accel Internet Fund III
L.P. ("AIF3") and 157,895 are directly owned by Accel Investors '99 L.P.
("AI99"). Sednaoui is a general partner of Accel IV Associates L.P. ("A4A"),
the general partner of A4, a general partner of AI95,a co-owner and an officer
of Accel Partners & Co. ("AC&P"), the general partner of AK, a managing member
of Accel VII Associates L.L.C. ("A7A"), the general partner of A7, a managing
member of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general
partner of AIF3, and a general partner of AI99 and may be deemed to have shared
power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
2,810,025 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), 319,298 are directly owned by Accel Internet Fund III
L.P. ("AIF3") and 157,895 are directly owned by Accel Investors `99 L.P.
("AI99"). Sednaoui is a general partner of Accel IV Associates L.P. ("A4A"),
the general partner of A4, a general partner of AI95, a general partner and
officer of Accel Partners & Co. ("AC&P"), the general partner of AK, a managing
member of Accel VII Associates L.L.C. ("A7A"), the general partner of A7, a
managing member of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the
general partner of AIF3, and a general partner of AI99 and may be deemed to
have shared power to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,810,025
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.3%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 20 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James R. Swartz ("Swartz")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED 2,810,025 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), 319,298 are directly owned by Accel Internet Fund III
L.P. ("AIF3") and 157,895 are directly owned by Accel Investors '99 L.P.
("AI99"). Swartz is a general partner of Accel IV Associates L.P. ("A4A"), the
general partner of A4, a general partner of AI95, a co-owner and officer of
Accel Partners & Co. ("AC&P"), the general partner of AK, a managing member of
Accel VII Associates L.L.C. ("A7A"), the general partner of A7, a managing
member of Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general
partner of AIF3, and a general partner of AI99 and may be deemed to have shared
power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
2,810,025 shares, of which 988,712 are directly owned by Accel IV L.P. ("A4"),
46,416 are directly owned by Accel Investors '95 L.P. ("AI95"), 20,511 are
directly owned by Accel Kieretsu L.P. ("AK"), 1,277,193 are directly owned by
Accel VII L.P. ("A7"), 319,298 are directly owned by Accel Internet Fund III
L.P. ("AIF3") and 157,895 are directly owned by Accel Investors '99 L.P.
("AI99"). Swartz is a general partner of Accel IV Associates L.P. ("A4A"), the
general partner of A4, a general partner of AI95, an officer of Accel Partners
& Co. ("AC&P"), the general partner of AK, a managing member of Accel VII
Associates L.L.C. ("A7A"), the general partner of A7, a managing member of
Accel Internet Fund III Associates L.L.C. ("AIF3A"), the general partner of
AIF3, and a general partner of AI99 and may be deemed to have shared power to
dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,810,025
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.3%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 21 of 27
<TABLE>
<CAPTION>
- ------------------------------------------------
CUSIP NO. 44860K102
- ------------------------------------------------
<S> <C>
- ---------- ---------------------------------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
J. Peter Wagner ("Wagner")
- ---------- ---------------------------------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
2 (b) /X/
- ---------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- ---------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
- ---------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- ---------- ---------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER
OF -0-
-------- ------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED
1,754,386 shares, of which 1,277,193 are directly owned by Accel VII L.P.
("A7"), 319,298 are directly owned by Accel Internet Fund III L.P. ("AIF3") and
157,895 are directly owned by Accel Investors '99 L.P. ("AI99"). Wagner is a
managing member of Accel VII Associates L.L.C. ("A7A"), the general partner of
A7, a managing member of Accel Internet Fund III Associates L.L.C. ("AIF3A"),
the general partner of AIF3, and a general partner of AI99 and may be deemed to
have shared power to vote these shares.
-------- ------------------------------------------------------------------------------
BY 9 SOLE DISPOSITIVE POWER
EACH
REPORTING -0-
-------- ------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,754,386 shares, of which 1,277,193 are directly owned by Accel VII L.P.
("A7"), 319,298 are directly owned by Accel Internet Fund III L.P. ("AIF3") and
157,895 are directly owned by Accel Investors '99 L.P. ("AI99"). Wagner is a
managing member of Accel VII Associates L.L.C. ("A7A"), the general partner of
A7, a managing member of Accel Internet Fund III Associates L.L.C. ("AIF3A"),
the general partner of AIF3, and a general partner of AI99 and may be deemed to
have shared power to dispose of these shares.
- ---------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,754,386
- ---------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
- ---------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.4%
- ---------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ---------- ---------------------------------------------------------------------------------------------------------
</TABLE>
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Page 22 of 27
1. ITEM 1. SECURITY AND ISSUER.
Common Stock of Hybrid Networks, Inc.
The principal executive offices of Hybrid Networks, Inc. are located at
6409 Guadalupe Mines Road, San Jose, California 95120.
2. ITEM 2. IDENTITY AND BACKGROUND.
(a) This Statement is filed by Accel IV L.P., a Delaware limited
partnership ("A4"), Accel IV Associates L.P., a Delaware limited partnership and
the general partner of A4 ("A4A"), Accel Keiretsu L.P., a Delaware limited
partnership ("AK"), Accel Partners & Co. Inc., a Delaware corporation and the
general partner of AK ("AP&C"), Accel Investors '95 L.P., a Delaware limited
partnership ("AI95"), Accel VII L.P., a Delaware limited partnership ("A7"),
Accel VII Associates L.P., a Delaware limited liability company ("A7A") and the
general partner of A7, Accel Internet Fund III L.P., a Delaware limited
partnership ("AIF3"), Accel Internet Fund III Associates L.L.C., a Delaware
limited liability company ("AIF3A") and the general partner of AIF3, Accel
Investors '99 L.P., a Delaware limited partnership ("AI99"), Accel Partners and
Co. Inc. ("AP&C"), ACP Family Partnership L.P., a California limited partnership
and managing member of A7A and a managing member of AIF3A ("ACPFLP"), the Swartz
Family Partnership L.P. ("SFP"), a Delaware limited partnership and a general
partner of A4A and managing member of A7A and a managing member of AIF3A, James
W. Breyer ("Breyer"), a general partner of A4A, an officer of AP&C, a general
partner of AI95, a general partner of AI99, a managing member of A7A and a
managing member of AIF3A, Luke B. Evnin ("Evnin"), a general partner of A4A, an
officer of AP&C and a general partner of AI95, Eugene D. Hill, III ("Hill"), a
general partner of A4A, an officer of AP&C, and a general partner of AI95, Paul
H. Klingenstein ("Klingenstein"), a general partner of A4A and a general partner
of AI95, Arthur C. Patterson ("Patterson"), a general partner of A4A, a co-owner
and an officer of AP&C, a general partner of AI99, a general partner of AI95, a
managing member of A7A and a managing member of AIF3A, G. Carter Sednaoui
("Sednaoui"), a general partner of A4A, an officer of AP&C, a general partner of
AI99, a general partner of AI95 and a managing member of A7A, James R. Swartz
("Swartz"), a general partner of A4A, a co-owner and an officer of AP&C, a
general partner of AI95, a managing member of A7A, a managing member of AIF3A
and a general partner of AI99 and J. Peter Wagner, a managing member of AIF3A, a
managing member of A7A and general partner of AI99. The foregoing entities and
individuals are collectively referred to as the "Reporting Persons."
A4A, the general partner of A4, may be deemed to have sole power to
vote and sole power to dispose of shares of the issuer directly owned by A4.
AP&C, the general partner of AK, may be deemed to have sole power to vote and
sole power to dispose of shares of the issuer directly owned by AK. A7A, the
general partner of A7, may be deemed to have sole power to vote and sole power
to dispose of shares of the issuer directly owned by A7. AIF3A, the general
partner of AIF3, may be deemed to have sole power to vote and sole power to
dispose of shares of the issuer directly owned by AIF3. SFP, Breyer, Evnin,
Hill, Klingenstein, Patterson, Sednaoui, and Swartz are the general partners of
A4A and may be deemed to have shared power to vote and shared power to dispose
of shares of the issuer directly owned by A4. Breyer, Evnin, Hill, Patterson,
Sednaoui and Swartz are officers of AP&C and may be deemed to have shared power
to vote and shared power to dispose of shares of the issuer directly owned by
AK. Breyer, Evnin, Hill, Klingenstein, Patterson, Sednaoui and Swartz are the
general partners of AI95 and may be deemed to have shared power to vote and
shared power to dispose of shares of the issuer directly owned by AI95. ACPFLP,
SFP, Breyer, Sednaoui, Swartz and Wagner are managing members of A7A and may be
deemed to have shared power to vote and shared power to dispose of shares of the
issuer directly owned by A7. ACPFLP, SFP, Breyer, Patterson, Sednaoui, Swartz
and Wagner are managing members of AIF3A and may be deemed to have shared power
to vote and shared power to dispose of shares of the issuer directly owned by
AIF3. Patterson, Sednaoui, Swartz and Wagner are the general partners of AI99
and may be deemed to have shared power to vote and shared power to dispose of
shares of the issuer directly owned by AI99.
A4, A4A, AK, AI95, A7, A7A, AIF3, AIF3A, AI99, and SFP are Delaware
limited partnerships. ACPFLP is a California limited partnership. AP&C is a
Delaware corporation. Breyer, Evnin, Hill, Klingenstein, Patterson, Sednaoui,
Swartz and Wagner are United States citizens. Each of the foregoing are referred
to as a "Reporting Person" and collectively as the "Reporting Persons."
(b) The principal business offices of the Reporting Persons are located
at 428 University Avenue, Palo Alto, CA 94301
(c) Accel Partners and its affiliates are private investment funds
whose principal business includes investing in early-stage technology companies
for its account.
(d) During the last five years, none of the Reporting Persons has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, none of the Reporting Persons has been
a party to a civil proceeding of a judicial or administrative body of competent
jurisdiction which resulted in a judgment, decree or final order (i) enjoining
future violations
- --------------------------------------------------------------------------------
<PAGE>
Page 23 of 27
of, or prohibiting or mandating activities subject to, Federal or State
securities laws or (ii) finding any violation with respect to such laws.
(f) A4, A4A, AK, AI95, A7, A7A, AIF3, AIF3A, AI99 and SFP are Delaware
limited partnerships. ACPFLP is a California limited partnership. AP&C is a
Delaware corporation. Breyer, Evnin, Hill, Klingenstein, Patterson, Sednaoui,
Swartz and Wagner are United States citizens. Each of the foregoing are referred
to as a "Reporting Person" and collectively as the "Reporting Persons."
3. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Not Applicable.
4. ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons purchased the Common Stock based on their belief
that they represented an attractive investment opportunity. The acquisition of
the Common Stock was made in the ordinary course of business and was not made
for the purpose of acquiring control of the Issuer.
Depending upon overall market conditions, other investment
opportunities available to the Reporting Persons and the availability of
securities of the Company at prices that would make the purchase of additional
securities of the Company desirable, Accel Partners and its affiliates
(including the Reporting Persons) may endeavor to increase their position in the
Issuer through the purchase of additional securities of the Company on the open
market or in private transactions, through a tender offer or otherwise, on such
terms and at such times as Accel Partners and its affiliates (including the
Reporting Persons) may deem advisable.
The Reporting Persons do not have any present plan or proposal which
would relate to or result in any of the matters set forth in subparagraphs (a)
through (j) of Item 4 of Schedule 13D except as set forth herein or such as
would occur upon completion of any of the actions discussed above. The Reporting
Persons intend to review their investment in the Issuer on a continuing basis
and, depending on various factors, including the Issuer's financial position and
investment strategy, the price levels of the Common Stock, conditions in the
securities markets and general economic and industry conditions, may in the
future take such actions with respect to its investment in the Issuer as it
deems appropriate, including purchasing additional shares of Common Stock or
selling some or all of the Common Stock, or to change its intentions with
respect to any and all matters referred to in Item 4.
5. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Amount beneficially owned.
See Row 9 of cover page for each Reporting Person.
(b) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of cover page for each Reporting
Person.
(ii) Shared power to vote or to direct the vote:
See Row 6 of cover page for each Reporting
Person.
(iii) Sole power to dispose or to direct the
disposition of:
See Row 7 of cover page for each Reporting
Person.
(iv) Shared power to dispose or to direct the
disposition of:
See Row 8 of cover page for each Reporting
Person.
(c) No Reporting Person effected any transactions other
than those set forth in Items 3 and 4 above.
(d) No person other than the Reporting Person is known to
the Reporting Person to have the right to receive or
the power to direct the receipt of dividends from, or
the proceeds from, the sale of the
<PAGE>
Page 24 of 27
shares of Common Stock of the Issuer owned by the
respective Reporting Person.
(e) Not Applicable.
6. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO THE ISSUER.
Not Applicable.
7. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Exhibit A: Agreement of Joint Filing.
Exhibit B: Reference to G. Carter Sednaoui as
Attorney-in-Fact.
SIGNATURES
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.
Date: March __, 2000
Entities: Accel IV L.P.
Accel IV Associates L.P.
Accel Keiretsu L.P.
Accel Investors '95 L.P.
Accel VII L.P.
Accel VII Associates L.P.
Accel Internet Fund III L.P.
Accel Internet Fund III Associates L.P.
Accel Investors '99 L.P.
Accel Partners and Co. Inc.
ACP Family Limited Partnership
Swartz Family Partnership L.P.
By: /s/ G. Carter Sednaoui
---------------------------
G. Carter Sednaoui,
Attorney-in-fact for the
above-listed entities
Individuals: James W. Breyer
Luke. B. Evnin
Eugene D. Hill, III
Paul H. Klingenstein
Arthur C. Patterson
G. Carter Sednaoui
James R. Swartz
J. Peter Wagner
By: /s/ G. Carter Sednaoui
---------------------------
G. Carter Sednaoui,
Attorney-in-fact for the
above-listed individuals
- --------------------------------------------------------------------------------
<PAGE>
Page 25 of 27
EXHIBIT INDEX
Found on
Sequentially
Exhibit Numbered Page
- ------- -------------
Exhibit A: Agreement of Joint Filing 28
Exhibit B: Reference to G. Carter Sednaoui as Attorney-in-Fact 29
- --------------------------------------------------------------------------------
<PAGE>
Page 26 of 27
EXHIBIT A
Agreement of Joint Filing
The Reporting Persons have agreed that a single Schedule 13G
(or any amendment thereto) relating to the Common Stock of Hybrid Networks, Inc.
shall be filed on behalf of each of the Reporting Persons. Note that a copies of
the applicable Agreement of Joint Filing are already on file with the
appropriate agencies.
<PAGE>
Page 27 of 27
EXHIBIT B
Reference to G. Carter Sednaoui as Attorney-in-Fact
G. Carter Sednaoui has signed the enclosed documents as
Attorney-In-Fact. Note that copies of the applicable Power of Attorneys are
already on file with the appropriate agencies.
