UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._____)*
Fiberstars, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
315662 10 6
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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 disclosure
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 7 pages
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
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CUSIP NO. 315662 10 6 13G Page 2 of 7 Pages
- --------------------------------------- --------------------------------------
- ----------- ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S. S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pacific Technology Fund
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ----------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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5 SOLE VOTING POWER
NUMBER OF
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 711,589
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BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
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WITH 8 SHARED DISPOSITIVE POWER
711,589
- -------------------------- ---------- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
711,589
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ----------- ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
20.85%
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12 TYPE OF REPORTING PERSON *
PN
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<FN>
*SEE INSTRUCTION BEFORE FILING OUT!
</FN>
</TABLE>
Page 2 of 7 pages
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
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CUSIP NO. 315662 10 6 13G Page 3 of 7 Pages
- --------------------------------------- --------------------------------------
- ----------- ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S. S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael Feuer
- ----------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
- ----------- ---------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
NUMBER OF 35,885
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 711,589
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BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 35,885
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WITH 8 SHARED DISPOSITIVE POWER
711,589
- -------------------------- ---------- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
747,474
- ----------- ---------------------------------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ----------- ---------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
21.90%
- ----------- ---------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
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<FN>
*SEE INSTRUCTION BEFORE FILING OUT!
</FN>
</TABLE>
Page 3 of 7 pages
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Schedule 13G
Pacific Technology Fund(Cont'd)
Item 1(a) Name of Issuer:
Fiberstars, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
2883 Bayview Drive
Fremont, CA 94538
Item 2(a) Name of Person Filing:
Pacific Technology Fund
Michael Feuer
Item 2(b) Address of Principal Business Office, or if None, Residence:
Michael Feuer
Pacific Technology Fund
c/o Santa Clara Associates
2350 Mission College Boulevard
Santa Clara, CA 95054
Item 2(c) Citizenship:
Pacific Technology Fund is a general partnership
organized in the State of California. Michael Feuer
is a citizen of the United States of America.
Item 2(d) Title of Class Securities
Common Stock
Item 2(e) CUSIP Number:
315662 10 6
Item 3 Type of Person:
Not Applicable
Item 4 Ownership (at December 31, 1996):
(a) and (b) Amount beneficially owned:
As of December 31, 1995, Pacific Technology Fund beneficially
owned 711,589 shares or 20.85% of the outstanding shares of
common stock of the Issuer. Mr. Feuer beneficially owned
747,474 or 21.90% of the outstanding shares of common stock of
the Issuer.
Page 4 of 7 pages
<PAGE>
Schedule 13G
Pacific Technology Fund(Cont'd)
(c) Number of shares as to which such person has:
Mr. Feuer, the general partner of Pacific Technology Fund has
voting and dispositive powers with respect to the 703,123
shares owned by Pacific Technology Fund.
Mr. Feuer has sole voting power and dispositive power with
respect to 35,885 shares. Of these 22,268 shares, 12,500
shares are issuable upon exercise of an option that is fully
exercisable at a price of $0.90 per share and such option
expires on February 24, 2002. Another 1,302 shares are
issuable upon exercise of an option that is fully exercisable
at a price of $0.90 per share, and such option expires on
October 1, 2001. An additional 5,000 shares are issuable upon
exercise of an option that is fully exercisable at a price of
$0.90 per share, and such option expires on August 17, 2004 or
when Mr. Feuer ceases to serve as a director of the Issuer, if
earlier. Another 5,000 shares are issuable upon exercise of an
option that is fully exercisable at a price of $5.625 per
share, and such option expires on May 16, 2005 or when Mr.
Feuer ceases to serve as a director of the Issuer, if earlier.
Finally, Mr. Feuer holds an option to purchase 5,000 shares of
common stock, which vests in 12 equal monthly installments
from the grant date (May 22, 1996), 3,750 shares of which are
fully exercisable within 60 days of December 31, 1996, with
the remainder becoming fully exercisable on May 22, 1997. This
option expires on May 21, 2006 or when Mr. Feuer ceases to
serve as a director of the Issuer, if earlier.
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6 Ownership of More Than Five Percent on Behalf of Another
Person:
No person, other than Mr. Feuer, has shared voting and dispositive powers with
respect to the shares owned by Pacific Technology Fund.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
See Exhibit A attached hereto.
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
Not Applicable
Page 5 of 7 pages
<PAGE>
Schedule 13G
Pacific Technology Fund (Cont'd)
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: February 14, 1997
PACIFIC TECHNOLOGY FUND
/s/ Michael Feuer
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By: Michael Feuer
Title: General Partner
/s/ Michael Feuer
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Michael Feuer
Page 6 of 7 pages
<PAGE>
Schedule 13G
Pacific Technology Fund (Cont'd)
EXHIBIT A
Identification of Members of Group
Pursuant to Rule 13d-1(f) promulgated pursuant to the Securities
Exchange Act of 1934, as amended, the undersigned agree that the attached
Schedule 13G is being filed on behalf of each of the undersigned.
Dated February 14, 1997.
PACIFIC TECHNOLOGY FUND
/s/ Michael Feuer
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By: Michael Feuer
Title: General Partner
/s/ Michael Feuer
----------------------------------
Michael Feuer
Page 7 of 7 pages
