<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Xomed Surgical Products, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
98412V 10 7
------------------------------
(CUSIP Number)
January 12, 1999
----------------
(Date of Events Which Require Filing of this Statement)
Check the appropriate box to
designate the rule pursuant to
which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required 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 9 Pages
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_______________________ _______________________
CUSIP No. 98412V 10 7 13G Page 2 of 9 Pages
----------- --- ---
_______________________ _______________________
______ _________________________________________________________________________
1 | NAME OF REPORTING PERSON
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
| Warburg, Pincus Investors, L.P.
______|_________________________________________________________________________
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
| (a) [ ]
|
| (b) [X]
______|_________________________________________________________________________
3 | SEC USE ONLY
|
|
______|_________________________________________________________________________
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
|
| Delaware
|
______|_________________________________________________________________________
| 5 | SOLE VOTING POWER
| |
| | -0-
| |
|______|__________________________________________________________
NUMBER OF | 6 | SHARED VOTING POWER
SHARES | |
BENEFICIALLY | | 1,441
OWNED BY | |
EACH |______|__________________________________________________________
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | |
WITH | | -0-
| |
|______|__________________________________________________________
| 8 | SHARED DISPOSITIVE POWER
| |
| | 1,441
| |
______ _______|______|__________________________________________________________
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
| 1,441
|
______|_________________________________________________________________________
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
| CERTAIN SHARES*
| [ ]
______|_________________________________________________________________________
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
| 0.01%
|
______|_________________________________________________________________________
12 | TYPE OF REPORTING PERSON*
|
| PN
|
______|_________________________________________________________________________
*SEE INSTRUCTION BEFORE FILLING OUT!
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_______________________ _______________________
CUSIP No. 98412V 10 7 13G Page 3 of 9 Pages
----------- --- ---
_______________________ _______________________
______ _________________________________________________________________________
1 | NAME OF REPORTING PERSON
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
| Warburg, Pincus & Co.
______|_________________________________________________________________________
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
| (a) [ ]
|
| (b) [X]
______|_________________________________________________________________________
3 | SEC USE ONLY
|
|
______|_________________________________________________________________________
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
|
| New York
|
______|_________________________________________________________________________
| 5 | SOLE VOTING POWER
| |
| | -0-
| |
|______|__________________________________________________________
NUMBER OF | 6 | SHARED VOTING POWER
SHARES | |
BENEFICIALLY | | 59,378
OWNED BY | |
EACH |______|__________________________________________________________
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | |
WITH | | -0-
| |
|______|__________________________________________________________
| 8 | SHARED DISPOSITIVE POWER
| |
| | 59,378
| |
______ _______|______|__________________________________________________________
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
| 59,378
|
______|_________________________________________________________________________
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
| CERTAIN SHARES*
| [ ]
______|_________________________________________________________________________
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
| 0.49%
|
______|_________________________________________________________________________
12 | TYPE OF REPORTING PERSON*
|
| PN
|
______|_________________________________________________________________________
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
_______________________ _______________________
CUSIP No. 98412V 10 7 13G Page 4 of 9 Pages
----------- --- ---
_______________________ _______________________
______ _________________________________________________________________________
1 | NAME OF REPORTING PERSON
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|E.M. Warburg, Pincus & Co., LLC
______|_________________________________________________________________________
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
| (a) [ ]
|
| (b) [X]
______|_________________________________________________________________________
3 | SEC USE ONLY
|
|
______|_________________________________________________________________________
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
|
| New York
|
______|_________________________________________________________________________
| 5 | SOLE VOTING POWER
| |
| | -0-
| |
|______|__________________________________________________________
NUMBER OF | 6 | SHARED VOTING POWER
SHARES | |
BENEFICIALLY | | 1,441
OWNED BY | |
EACH |______|__________________________________________________________
REPORTING | 7 | SOLE DISPOSITIVE POWER
PERSON | |
WITH | | -0-
| |
|______|__________________________________________________________
| 8 | SHARED DISPOSITIVE POWER
| |
| | 1,441
| |
______ _______|______|__________________________________________________________
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
| 1,441
|
______|_________________________________________________________________________
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
| CERTAIN SHARES*
| [ ]
______|_________________________________________________________________________
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
| 0.01%
|
______|_________________________________________________________________________
12 | TYPE OF REPORTING PERSON*
|
| OO
|
______|_________________________________________________________________________
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
- --------- --------------
Xomed Surgical Products, Inc. (the "Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
- --------- -----------------------------------------------
6743 Southpoint Drive North
Jacksonville, Florida 32216
Items 2(a) Name of Person Filing; Address of Principal
and (b). Business Office:
- ---------- ---------------
This statement is filed by and on behalf of (a) Warburg,
Pincus Investors, L.P., a Delaware limited partnership
("WPI"); (b) Warburg, Pincus & Co., a New York general
partnership ("WP"); and (c) E.M. Warburg, Pincus & Co.,
LLC, a New York limited liability company ("EMW LLC"),
which manages WPI. WP, as the sole general partner of
WPI, has a 20% interest in the profits of WPI. Lionel I.
Pincus is the managing partner of WP and the managing
member of EMW LLC and may be deemed to control both WP
and EMW LLC. The members of EMW LLC are substantially
the same as the partners of WP. The business address of
each of the foregoing is 466 Lexington Avenue, New York,
New York 10017.
WPI and EMW LLC have shared ownership and voting
dispositive power with respect to 1,441 shares of Common
Stock (as defined below). WP has shared ownership and
voting dispositive power with respect to shares of
Common Stock.
Item 2(c). Citizenship:
- --------- -----------
Not Applicable
Item 2(d). Title of Class of Securities:
- --------- ----------------------------
Common Stock, par value $0.01 per share (the "Common
Stock")
Item 2(e). CUSIP Number:
- --------- ------------
98412V 10 7
5 of 9 pages
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Item 3. If this statement is filed pursuant to
- ------ ss.ss. 240.13d-1(b) or 240.13d-2(b) or (c),
check whether the person is filing as a:
-------------------------------------------
(a)[ ] Broker or dealer registered under section 15 of
the Act (15 U.S.C. 78o).
(b)[ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c)[ ] Insurance company as defined in section
3(a)(19) of the Act (15 U.S.C. 78c).
(d)[ ] Investment company registered under section 8
of the Investment Company Act of 1940 (15 U.S.C.
80a-8).
(e)[ ] An investment adviser in accordance with ss.
240.13d-1(b)(1)(ii)(E).
(f)[ ] An employee benefit plan or endowment fund in
accordance with ss. 240.13d-1(b)(1)(ii)(F).
(g)[ ] A parent holding company or control person in
accordance with ss. 240.13d-1(b)(1)(ii)(G).
(h)[ ] A savings association as defined in Section
3(b) of the Federal Deposit Insurance Act (12
U.S.C. 1813).
(i)[ ] A church plan that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3).
(j)[ ] Group, in accordance with ss.
240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to ss. 240.13d-1(c),
check this box [ ].
Not Applicable
Item 4. Ownership:
- ------ ---------
Warburg Pincus Investors, L.P.
------------------------------
(a) Amount beneficially owned: 1,441 shares of Common
Stock, as of January 12, 1999.
(b) Percent of Class: 0.01%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote:
1,441
(iii) Sole power to dispose of or direct the
disposition of: -0-
(iv) Shared power to dispose of or direct the
disposition of: 1,441
6 of 9 pages
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Warburg Pincus & Co.
--------------------
(a) Amount beneficially owned: 59,378 shares of Common
Stock, as of January 12, 1999.
(b) Percent of Class: 0.49%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote:
59,378
(iii) Sole power to dispose of or direct the
disposition of: -0-
(iv) Shared power to dispose of or direct the
disposition of: 59,378
E.M. Warburg Pincus & Co., LLC
------------------------------
(a) Amount beneficially owned: 1,441 shares of Common
Stock, as of January 12, 1999.
(b) Percent of Class: 0.01%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote:
1,441
(iii) Sole power to dispose of or direct the
disposition of: -0-
(iv) Shared power to dispose of or direct the
disposition of: 1,441
Item 5. Ownership of Five Percent or Less of a Class:
- ------ --------------------------------------------
[X] As of January 12, the Reporting Persons ceased to be
the beneficial owner(s) of more than 5% of the Common
Stock.
Item 6. Ownership of More than Five Percent on Behalf of Another
- ------ Person:
--------------------------------------------------------
Not Applicable
Item 7. Identification and Classification of the Subsidiary
- ------ Which Acquired the Security Being Reported on By the
Parent Holding Company:
----------------------------------------------------
Not Applicable
Item 8. Identification and Classification of Members of the
- ------ Group:
---------------------------------------------------
Not Applicable
7 of 9 pages
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Item 9. Notice of Dissolution of Group:
- ------ ------------------------------
Not Applicable
Item 10. Certification:
- ------- -------------
Not Applicable
8 of 9 pages
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SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: January 13, 1999
WARBURG, PINCUS INVESTORS, L.P.
By: Warburg, Pincus & Co., General
Partner
By: /s/ Stephen Distler
------------------------------------
Stephen Distler, Partner
WARBURG, PINCUS & CO.
By: /s/ Stephen Distle
------------------------------------
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
By: /s/ Stephen Distler
------------------------------------
Stephen Distler, Member
9 of 9 pages