SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1 and Restatement)*
VidaMed, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
0009265301
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(CUSIP Number)
*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).
(Continued on following pages)
Page 1 of 13 Pages
Exhibit Index Contained on Page 12
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CUSIP NO. 0009265301 13 G Page 2 of 13 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Delphi Ventures II, L.P. ("DV II")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 83,078 shares, except that DMP II, the general partner of DV II, and
SHARES Bochnowski, Douglass, and Lothrop, the general partners of DMP II,
BENEFICIALLY may be deemed to have shared power to vote these shares.
OWNED BY EACH REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
See response to row 5.
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7 SOLE DISPOSITIVE POWER
83,078 shares, except that DMP II,
the general partner of DV II, and
Bochnowski, Douglass, and Lothrop,
the general partners of DMP II, may
be deemed to have shared power to
dispose of these shares.
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8 SHARED DISPOSITIVE POWER
See response to row 7.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 83,078
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.76%
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12 TYPE OF REPORTING PERSON*
PN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 0009265301 13 G Page 3 of 13 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Delphi BioInvestments II, L.P. ("DBI II")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 425 shares, except that DMP II, the general partner of DBI II, and
SHARES Bochnowski, Douglass, and Lothrop, the general partners of DMP II,
BENEFICIALLY may be deemed to have shared power to vote these shares.
OWNED BY EACH REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
See response to row 5.
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7 SOLE DISPOSITIVE POWER
425 shares, except that DMP II, the
general partner of DBI II, and
Bochnowski, Douglass, and Lothrop,
the general members of DMP II, may
be deemed to have shared power to
dispose of these shares.
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8 SHARED DISPOSITIVE POWER
See response to row 7.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 425
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
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12 TYPE OF REPORTING PERSON*
PN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 0009265301 13 G Page 4 of 13 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Delphi Management Partners II, L.P. ("DMP II")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0 shares.
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
83,503 shares, of which 83,078 are directly owned by DV II and 425
are directly owned by DBI II. DMP II is the general partner of DV II
and DBI II and may be deemed to have shared power to vote these
shares.
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7 SOLE DISPOSITIVE POWER
0 shares.
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8 SHARED DISPOSITIVE POWER
83,503 shares, of which 83,078 are directly owned by DV II and 425
are directly owned by DBI II. DMP II is the general partner of DV II
and DBI II and may be deemed to have shared power to dispose of these
shares.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 83,503
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.76%
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12 TYPE OF REPORTING PERSON*
PN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 0009265301 13 G Page 5 of 13 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
James J. Bochnowski ("Bochnowski")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
NUMBER OF 47,865 shares.
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
83,503 shares, of which 83,078 are
directly owned by DV II and 425 are
directly owned by DBI II. DMP II is
the general partner of DV II and
DBI II, and Bochnowski, a general
partner of DMP II, may be deemed to
have shared power to vote these
shares.
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7 SOLE DISPOSITIVE POWER
47,865 shares.
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8 SHARED DISPOSITIVE POWER
83,503 shares, of which 83,078 are
directly owned by DV II and 425 are
directly owned by DBI II. DMP II is
the general partner of DV II and
DBI II, and Bochnowski, a general
partner of DMP II, may be deemed to
have shared power to dispose of
these shares.
- ----------------------------------- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 131,368
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.20%
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12 TYPE OF REPORTING PERSON* IN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
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CUSIP NO. 0009265301 13 G Page 6 of 13 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
David L. Douglass ("Douglass")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
NUMBER OF 55,300 shares.
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON WITH
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6 SHARED VOTING POWER
83,503 shares, of which 83,078 are
directly owned by DV II and 425 are
directly owned by DBI II. DMP II is
the general partner of DV II and
DBI II, and Douglass, a general
partner of DMP II, may be deemed to
have shared power to vote these
shares.
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7 SOLE DISPOSITIVE POWER
55,300 shares.
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8 SHARED DISPOSITIVE POWER
83,503 shares, of which 83,078 are
directly owned by DV II and 425 are
directly owned by DBI II. DMP II is
the general partner of DV II and
DBI II, and Douglass, a general
partner of DMP II, may be deemed to
have shared power to dispose of
these shares.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 138,803
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.27%
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12 TYPE OF REPORTING PERSON* IN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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CUSIP NO. 0009265301 13 G Page 7 of 13 Pages
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1 NAME OF REPORTING PERSONS
SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Donald J. Lothrop ("Lothrop")
Tax ID Number:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen
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NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY 0 shares.
OWNED BY EACH REPORTING
PERSON WITH
-------- -----------------------------------------------------------------------
6 SHARED VOTING POWER
83,503 shares, of which 83,078 are
directly owned by DV II and 425 are
directly owned by DBI II. DMP II is
the general partner of DV II and
DBI II, and Lothrop, a general
partner of DMP II, may be deemed to
have shared power to vote these
shares.
-------- -----------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0 shares.
-------- -----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
83,503 shares, of which 83,078 are
directly owned by DV II and 425 are
directly owned by DBI II. DMP II is
the general partner of DV II and
DBI II, and Lothrop, a general
partner of DMP II, may be deemed to
have shared power to dispose of
these shares.
- ----------- --------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 83,503
- ----------- --------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
- ----------- --------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.76%
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12 TYPE OF REPORTING PERSON* IN
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<FN>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
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Page 8 of 13 Pages
This statement amends and restates the Statement on Schedule
13(G) (the "Original Statement") filed by Delphi Ventures II,
L.P., a Delaware limited partnership ("DV II"), Delphi
BioInvestments II, L.P., a Delaware limited partnership ("DBI
II"), Delphi Management Partners II, L.P., a Delaware limited
partnership ("DMP II"), James J. Bochnowski ("Bochnowski"),
David L. Douglass ("Douglass") and Donald J. Lothrop
("Lothrop") (collectively, the "Reporting Persons").
ITEM 1(a). NAME OF ISSUER:
VidaMed, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1380 Willow Road, Suite 101
Menlo Park, CA 94025
ITEM 2(a). NAME OF PERSONS FILING:
This Statement is filed by Delphi Ventures II, L.P., a
Delaware limited partnership ("DV II"), Delphi BioInvestments
II, L.P. ("DBI II"), Delphi Management Partners II, L.P., a
Delaware limited partnership ("DMP II"), James J. Bochnowski
("Bochnowski"), David L. Douglass ("Douglass"), and Donald J.
Lothrop ("Lothrop"). The foregoing entities and individuals
are collectively referred to as the "Reporting Persons."
DMP II is the general partner of DV II and DBI II, and may be
deemed to have shared power to vote and shared power to
dispose of shares of the issuer directly owned by DV II and
DBI II. Bochnowski, Douglass, and Lothrop are the general
partners of DMP II, and may be deemed to have shared power to
vote and shared power to dispose of the shares of issuer
directly owned by DV II and DBI II.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
The address of the principal business office for each of the
Reporting Persons is:
Delphi Ventures
3000 Sand Hill Road
Building 1, Suite 135
Menlo Park, CA 94025
ITEM 2(c) CITIZENSHIP:
DV II, DBI II and DMP II are Delaware limited partnerships,
and Bochnowski, Douglass, and Lothrop are United States
citizens.
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Page 9 of 13 Pages
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
CUSIP # 0009265301
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP:
The following information with respect to the ownership of the
Common Stock of the issuer by the persons filing this
Statement is provided as of December 31, 1996:
(a) Amount beneficially owned:
See Row 9 of cover page for each Reporting
Person.
(b) Percent of Class:
See Row 11 of cover page for each Reporting
Person.
(c) 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.
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Page 10 of 13 Pages
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following: [X] Yes
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
Under certain circumstances set forth in the limited
partnership agreements of DV II, DBI II and DMP II, the
general and limited partners of each of such entities may be
deemed to have the right to receive dividends from, or the
proceeds from, the sale of shares of the issuer owned by each
such entity of which they are a partner.
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.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
ITEM 10. CERTIFICATION:
Not applicable.
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Page 11 of 13 Pages
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.
Dated: February 7, 1997
/s/James J. Bochnowski
------------------------------------------
James J. Bochnowski, individually, and on
behalf of DV II, in his capacity as a
general partner of DMP II, the general
partner of DV II, on behalf of DBI II, in
his capacity as a general partner of DMP
II, the general partner of DBI II, and on
behalf of DMP II in his capacity as a
general partner thereof.
/s/David L. Douglass
------------------------------------------
David L. Douglass
/s/Donald J. Lothrop
------------------------------------------
Donald J. Lothrop
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Page 12 of 13
EXHIBIT INDEX
Found on
Sequentially
Exhibit Numbered Page
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Exhibit A: Agreement of Joint Filing 13
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Page 13 of 13
EXHIBIT A
Agreement of Joint Filing
The undersigned hereby agree that a single Schedule 13G (or
any amendment thereto) relating to the Common Stock of Vidamed, Inc. shall be
filed on behalf of each of the undersigned and that this Agreement shall be
filed as an exhibit to such Schedule 13G.
Date: February 13, 1996
/s/James J. Bochnowski
------------------------------------------
James J. Bochnowski, individually, and on
behalf of DV II, in his capacity as a
general partner of DMP II, the general
partner of DV II, on behalf of DBI II, in
his capacity as a general partner of DMP
II, the general partner of DBI II, and on
behalf of DMP II in his capacity as a
general partner thereof.
/s/David L. Douglass
------------------------------------------
David L. Douglass, individually, and on
behalf of DV II, in his capacity as a
general partner of DMP II, the general
partner of DV II, on behalf of DBI II, in
his capacity as a general partner of DMP
II, the general partner of DBI II, and on
behalf of DMP II in his capacity as a
general partner thereof.
/s/Donald J. Lothrop
------------------------------------------
Donald J. Lothrop, individually, and on
behalf of DV II, in his capacity as a
general partner of DMP II, the general
partner of DV II, on behalf of DBI II, in
his capacity as a general partner of DMP
II, the general partner of DBI II, and on
behalf of DMP II in his capacity as a
general partner thereof.
