---------------------------------
OMB APPROVAL
---------------------------------
OMB number: 3235-0145
Expires: August 31, 1999
Estimated average burden
Hours per response 14.90
---------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment no. 1)
Panja, Inc. (Formerly AMX Corporation)
-----------------------------------------------------------
(Name of Issuer)
Common Stock
-----------------------------------------------------------
(Title of Class of Securities)
001801 10 9
-----------------------------------------------------------
(CUSIP Number)
W. Stephen Holmes
3000 Sand Hill Rd., Building 3 Suite 255
Menlo Park, CA 94025
(650) 854-8585
-----------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
July 19, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See s.240.13d-7 for other
parties to whom copies are to be sent.
* 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
disclosures provided in a prior cover page.
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 ("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 15 pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 2 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
InterWest Partners V, LP / 94-3178959
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
California
- --------- -------------------------------------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
0
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
0
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.0%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
PN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 2 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 3 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
InterWest Management Partners V, LP / 94-3178958
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
California
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
0
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
0
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.0%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
PN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 4 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Alan W. Crites
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 21,434
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
21,434
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
21,434
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.3%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 4 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 5 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Philip T. Gianos
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 25,368
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
25,368
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
25,368
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.3%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 5 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 6 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Wallace R. Hawley
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 19,381
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
19,381
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
19,381
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.2%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 6 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 7 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
W. Scott Hedrick
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 33,652
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
33,652
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- ----------------------------- -------- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
33,652
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.4%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 7 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 8 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
W. Stephen Holmes
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 4,111
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
4,111
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
4,111
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.05%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 8 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 9 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Robert R. Momsen
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 33,356
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
33,356
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
33,356
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.4%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 9 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------- ------------------------------------
13D
CUSIP No. 001801 10 9 Page 10 of 15 Pages
- --------------------------------------------- ------------------------------------
<S> <C> <C>
- --------- -------------------------------------------------------------------------------------------------------------
1 Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Arnold L. Oronsky
- --------- -------------------------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ]
(b) [x]
- --------- -------------------------------------------------------------------------------------------------------------
3 SEC Use Only
- --------- -------------------------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions)
WC
- --------- -------------------------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
- --------- -------------------------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- ----------------------------- -------- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 21,141
Shares -------- --------------------------------------------------------------------------------
Beneficially Owned by 8 Shared Voting Power
Each Reporting
Person With 0
-------- --------------------------------------------------------------------------------
9 Sole Dispositive Power
21,141
-------- --------------------------------------------------------------------------------
10 Shared Dispositive Power
0
- --------- -------------------------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by each Reporting Person
21,141
- --------- -------------------------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
- --------- -------------------------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.2%
- --------- -------------------------------------------------------------------------------------------------------------
14 Type of Reporting Person (See Instructions)
IN
- --------- -------------------------------------------------------------------------------------------------------------
</TABLE>
Page 10 of 15 Pages
<PAGE>
Item 1. Security and Issuer
(a) Title of class of equity securities:
Common Stock (the "Shares")
(b) Name of Issuer, and Address of Issuer's Principal Executive Offices:
Panja, Inc. ("Issuer")
(Formerly AMX Corporation)
11995 Forestgate Drive
Dallas, TX 75243
Item 2. Identity and Background
(a) Name of Person(s) Filing:
InterWest Partners V, L.P. ("IWP V")
InterWest Management Partners V, L.P. ("IMP V")
Alan W. Crites ("Crites")
Philip T. Gianos ("Gianos")
Wallace R. Hawley ("Hawley")
W. Scott Hedrick ("Hedrick")
W. Stephen Holmes ("Holmes")
Robert R. Momsen ("Momsen")
Arnold L. Oronsky ("Oronsky")
(b) Address of Principal Business Office or, if none, Residence:
3000 Sand Hill Road
Building 3, Suite 255
Menlo Park, CA 94025
(c) Present principal occupation or employment, and the name, principal
business and address of any corporation or other organization in which
such employment is conducted:
IWP V: Venture Capital Fund
IMP V: General Partner of IWP V
Crites: General Partner of IMP V
Gianos: General Partner of IMP V
Hawley: General Partner of IMP V
Hedrick: General Partner of IMP V
Holmes: General Partner of IMP V
Momsen: General Partner of IMP V
Oronsky: General Partner of IMP V
(d) Convictions in criminal proceedings (excluding traffic violations or
similar misdemeanors) in the last five years:
None.
(e) Judgements for violations of Securities Laws in the last five years:
None.
Page 11 of 15 Pages
<PAGE>
(f) Citizenship or Place of Organization:
IWP V: California
IMP V: California
Crites: United States
Gianos: United States
Hawley: United States
Hedrick: United States
Holmes: United States
Momsen: United States
Oronsky: United States
Item 3. Source and Amount of Funds or Other Consideration
On March 31, 1995, IW V acquired 505,277 shares of Issuer's Common Stock for
$46,784.91 using investment capital, 39,014 shares of Issuer's Series A
Redeemable Preferred Stock for $3,901,400.00 using investment capital, and a
Subordinated Note of the Issuer bearing interest at 12.8% (the IW V Note") for
$993,750.00 using investment capital.
On June 9, 1995, IW V received a principal payment on the IW V Note in the
amount of $496,875.00. On each of June 30, 1995, October 5, 1995, and November
22, 1995, IW V received interest payments that total $53,530.33.
On September 12, 1995, IW V's Common Stock became subject to a 2:1 stock split.
Immediately after such stock split, IW V held 1,010,554 shares of Issuer's
Common Stock.
On November 15, 1995, in connection with the initial public offering of Issuer's
Common Stock (the "IPO"), IW V purchased 49,688 shares of Issuer's Common Stock
for $415,888.56 using investment capital.
On November 21, 1995, IW V received dividends on its shares of Series A
Redeemable Preferred Stock in the amount of $203,740.00.
On November 22, 1995, in conjunction with the IPO, the remaining principal
balance of $496,875.00 on the IW V Note was paid in full by the Issuer. Also on
November 22, 1995, the Issuer redeemed 39,014 shares of Redeemable Preferred
Stock from IW V for $3,901,400.00.
On May 14, 1998, IW V sold 4,969 shares of Issuer's Common Stock for $43,390.32.
On February 16, 1999, IW V sold 14,907 shares of Issuer's Common Stock for
$149,114.17. On February 24, 1999, IW V sold 9,938 shares of Issuer's Common
Stock for $93,612.80.
On July 19, 1999, IW V distributed pro rata and without additional
consideration, 1,030,428 shares of Issuer's Common Stock to its limited and
general partners pursuant to the terms of the InterWest Partners V, LP
Partnership Agreement.
Item 4. Purpose of Transaction
Reporting Persons acquired the securities of Issuer for purposes of
investment. Reporting Persons currently have no plans or proposals with
respect to Issuer.
Page 12 of 15 Pages
<PAGE>
<TABLE>
Item 5. Interest in Securities of the Issuer
<CAPTION>
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
IWP V
IMP V Crites Gianos Hawley Hedrick Holmes Momsen Oronsky
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
(a) Beneficial
Ownership 0 21,434 25,368 19,381 33,652 4,111 33,356 21,141
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
Percentage
of Class 0.0% 0.3% 0.3% 0.2% 0.4% 0.05% 0.4% 0.2%
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
(b) Sole Voting
Power 0 21,434 25,368 19,381 33,652 4,111 33,356 21,141
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
Shared
Voting Power
0 0 0 0 0 0 0 0
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
Sole
Dispositive
Power 0 21,434 25,368 19,381 33,652 4,111 33,356 21,141
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
Shared
Dispositive
Power 0 0 0 0 0 0 0 0
- ------ ------------- ---------- ---------- ------------- ------------ ------------ ------------ ------------ ------------
</TABLE>
(c) Transactions in the class of securities reported on that were effected
during the past sixty days or since the most recent filing of Schedule 13D
(s.240.13d-191), whichever is less, by the persons named in response to
paragraph (a):
See Item 3 above.
(d) Ownership of More than Five Percent on Behalf of Another Person:
Under certain circumstances set forth in the partnership agreement of IMP
V, the general partners and/or limited partners of such partnership have
the right to receive dividends from, or the proceeds from the sale of, the
Common Stock of Issuer beneficially owned by such Partnership.
(e) Ownership of Five Percent or Less of a Class:
This statement is being filed to report the fact that as of the date hereof
the Reporting Persons have ceased to be the beneficial owner of more than
five percent of the class of securities.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
Not applicable.
Item 7. Material to Be Filed as Exhibits
Exhibit A: Joint Filing Statement
Page 13 of 15 Pages
<PAGE>
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.
Date: July 23, 1999
INTERWEST PARTNERS V, L.P.
By: InterWest Management Partners V, L.P. _______________________________
Alan W. Crites
By: ___________________________________
General Partner _______________________________
Philip T. Gianos
INTERWEST MANAGEMENT PARTNERS V, L.P.
_______________________________
By: _______________________________________ Wallace R. Hawley
General Partner
_______________________________
W. Scott Hedrick
_______________________________
W. Stephen Holmes
_______________________________
Robert R. Momsen
_______________________________
Arnold L. Oronsky
Page 14 of 15 Pages
<PAGE>
EXHIBIT A
Joint Filing Statement
We, the undersigned, hereby express our agreement that the attached Schedule 13D
is filed on behalf of each of us.
Date: July 23, 1999
INTERWEST PARTNERS V, L.P.
By: InterWest Management Partners V, L.P. _______________________________
Alan W. Crites
By: ___________________________________
General Partner _______________________________
Philip T. Gianos
INTERWEST MANAGEMENT PARTNERS V, L.P.
_______________________________
By: _______________________________________ Wallace R. Hawley
General Partner
_______________________________
W. Scott Hedrick
_______________________________
W. Stephen Holmes
_______________________________
Robert R. Momsen
_______________________________
Arnold L. Oronsky
Page 15 of 15 Pages
