<PAGE> 1
-------- ------------------------------
FORM 3 OMB APPROVAL
-------- ------------------------------
OMB Number: 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ...... 0.5
------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
<TABLE>
<S> <C> <C> <C>
(Print or Type Responses)
------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Vulcan Ventures Incorporated Statement Trading Symbol of Original
---------------------------------------- (Month/Day/Year) FVC.COM, Inc. (FVCX) (Month/Day/Year)
(Last) (First) (Middle) June 8, 2000 ----------------------------------
110 - 110th Avenue N.E., Suite 550 ---------------------------- 5. Relationship of Reporting -----------------------
---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Bellevue, Washington 98004 Person (Voluntary) Director X 10% Owner Applicable Line)
-------------------------------------- ----- ----- Form filed by
(City) (State) (Zip) ---------------------------- Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) X Form filed by
----- more than One
---------------------------------- Reporting Person
------------------------------------------------------------------------------------------------------------------------------------
TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 195,500 (1) (1)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
(Over)
SEC 1473 (7-96)
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deriv- ative
ative Security:
Security
------------------------------------------------- Direct
Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
------------------------------------------------------------------------------------------------------------------------------------
Series A Convertible Preferred
Stock Immed. (2) 3,429,625(3) $8.00 (1) (1)
------------------------------------------------------------------------------------------------------------------------------------
Warrant Immed. June 8, (4) 850,000(5) $7.00 (1) (1)
2005
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
(1) These securities are owned directly by Vulcan Ventures Incorporated ("Vulcan
Ventures"), and indirectly by Paul G. Allen ("Mr. Allen") as the sole
shareholder of Vulcan Ventures.
(2) Series A Convertible Preferred Stock ("Preferred Stock") is convertible
into, at the election of the holder, Common Stock. Vulcan Ventures and Mr. Allen
beneficially own 27,437 shares of Preferred Stock. The holders of Preferred
Stock are not entitled to receive dividends unless and until a dividend is
declared on the Common Stock. Any dividend that is declared on the Preferred
Stock will be equal in amount to the dividend payable on the number of shares of
Common Stock into which such Preferred Stock is then convertible. The Preferred
Stock is not subject to optional or mandatory redemption.
(3) This represents the number of shares of Common Stock that may be obtained
upon conversion of the Preferred Stock beneficially owned as of the date hereof.
(4) The Warrant is exercisable into, at the election of the holder, Common
Stock.
(5) This represents the number of shares of Common Stock that may be obtained
upon exercise of the Warrant as of the date hereof.
Vulcan Ventures Incorporated
By: /s/ WILLIAM D. SAVOY June 19, 2000
---------------------- -------------
William D. Savoy, (Date)
President
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB number.
<PAGE> 3
JOINT FILER INFORMATION
Name: Paul G. Allen
Address: 110 - 110th Avenue N.E., Suite 550
Bellevue, Washington 98004
Designated Filer: Vulcan Ventures Incorporated
Issuer and Ticker Symbol: FVC.COM, Inc. (FVCX)
Date of Event Requiring Statement: June 8, 2000
Signature: *
-----------------------------
Paul G. Allen
*By: /s/ WILLIAM D. SAVOY
-----------------------------------------
William D. Savoy as Attorney-in-Fact for
Paul G. Allen pursuant to a Power of Attorney
filed on August 30, 1999, with the Schedule
13G of Vulcan Ventures Incorporated and
Paul G. Allen for Pathogenesis, Inc. and
incorporated herein by reference.
Page 3 of 3 pages
