<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )/1/
Exogen, Inc.
------------------------------------
(Name of Issuer)
Common Stock, $0.0001 Par Value Per Share
-----------------------------------------
(Title of Class of Securities)
302092101
-----------
(CUSIP Number)
---------
- -----------------
/1/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 in 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>
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CUSIP NO. 302092101 13G PAGE 2 OF 15 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Marquette Venture Partners II, L.P.
1
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3820302
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 723,783
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
723,783
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
723,783
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP NO. 302092101 13G PAGE 3 OF 15 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: MVP II Affiliates Fund, L.P.
1
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3871877
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 20,680
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
20,680
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
20,680
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
0.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP NO. 302092101 13G PAGE 4 OF 15 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Marquette General II, L.P.
1
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3820303
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 744,463
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
744,463
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
744,463
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP NO. 302092101 13G PAGE 5 OF 15 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: JED Limited Partnership
1
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3760173
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 744,463
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
744,463
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
744,463
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP NO. 302092101 13G PAGE 6 OF 15 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: LDR Limited Partnership
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 36-3760176
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 744,463
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
744,463
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
744,463
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP NO. 302092101 13G PAGE 7 OF 15 PAGES
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: James E. Daverman
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United Stated of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
12,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 744,463
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
12,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
744,463
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
756,463
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.6%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
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CUSIP NO. 302092101 13G PAGE 8 OF 15 PAGES
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- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON: Lloyd D. Ruth
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
605
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 744,463
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
605
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
744,463
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
745,068
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a) Name of Issuer:
Exogen, Inc. ("Exogen")
Item 1(b) Address of Issuer's Principal Executive Offices:
10 Constitution Avenue
Piscataway, NJ 08855
Item 2(a) Name of Person Filing:
This Schedule 13G is being jointly filed by each of the following
persons pursuant to Rule 13d-1(f) promulgated by the Securities
and Exchange Commission pursuant to Section 13 of the Securities
Exchange Act of 1934, as amended (the "Act"): (i) Marquette
Venture Partners II, L.P. ("MVP II"), a Delaware limited
partnership, by virtue of its direct beneficial ownership of
723,783 shares of common stock, par value $0.0001 per share (the
"Common Stock"), of Exogen; (ii) MVP II Affiliates Fund, L.P.
("MVP II Affiliates"), a Delaware limited partnership, by virtue
of its direct beneficial ownership of 20,680 shares of Common
Stock; (iii) Marquette General II, L.P. ("MG II"), a Delaware
limited partnership, as the sole general partner of MVP II and
MVP II Affiliates; (iv) JED Limited Partnership ("JED"), a
Delaware limited partnership, as general partner of MG II; (v)
LDR Limited Partnership ("LDR"), a Delaware limited partnership,
as a general partner of MG II; (vi) James E. Daverman ("Mr.
Daverman"), an individual, as the sole general partner of JED and
by virtue of his direct beneficial ownership of 12,000 shares of
Common Stock; and (vii) Lloyd D. Ruth ("Mr. Ruth"), an
individual, as sole general partner of LDR and by virtue of his
direct beneficial ownership of 605 shares of Common Stock. MVP
II, MVP II Affiliates, MG II, JED, LDR, Mr. Daverman and Mr. Ruth
are hereinafter collectively referred to as the "Reporting
Persons."
The Reporting Persons have entered into a Joint Filing Agreement,
dated February 13, 1997, a copy of which is filed with this
Schedule 13G as Exhibit A, pursuant to which the Reporting
Persons have agreed to file this statement jointly in accordance
with the provisions of Rule 13d-1(f)(1) under the Act.
Item 2(b) Address of Principal Business Office or, if none, Residence:
The address of the principal business office of each of the
Reporting Persons is:
Corporate 500 Centre
520 Lake Cook Road, Suite 450
Deerfield, Illinois 60015
Page 9 of 15 Pages
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Item 2(c) Citizenship:
MVP II, MVP II Affiliates, MG II, JED and LDR are limited
partnerships organized under the laws of Delaware.
Mr. Daverman and Mr. Ruth are United States citizens.
Item 2(d) Title of Class of Securities:
Common Stock, $0.0001 par value per share.
Item 2(e) CUSIP Number:
302092101
Item 3 If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b),
check whether the persons filing is a:
The persons filing are not described in any category listed under
this item.
Item 4 Ownership
MG II is the sole general partner of both MVP II and MVP II
Affiliates; JED and LDR are the general partners of MG II; Mr.
Daverman is the sole general partner of JED; and Mr. Ruth is the
sole general partners of LDR. As a result of such relationships,
(i) MG II, JED, LDR and both Messrs. Daverman and Ruth may be
deemed to share voting and dispositive power with respect to the
shares held by MVP II and MVP II Affiliates, and (ii) each of the
Reporting Persons may be deemed beneficially to own the following
number of shares:
(a) Amount Beneficially (b) Percent of Class:
Owned:
MVP II 723,783 7.3%
MVP II
Affiliates 20,680 0.2%
MG II 744,463 7.5%
JED 744,463 7.5%
LDR 744,463 7.5%
Daverman 756,463 7.6%
Ruth 745,068 7.5%
Page 10 of 15 Pages
<PAGE>
<TABLE>
<CAPTION>
(c) Number of shares as to which such person has:
<S> <C> <C>
(i) Sole power to vote or (ii) Shared power to vote or
direct the vote: to direct the vote:
MVP II None 723,783
MVP II
Affiliates None 20,680
MG II None 744,463
JED None 744,463
LDR None 744,463
Daverman 12,000 744,463
Ruth 605 744,463
(iii) Sole power to dispose or to (iv) Shared power to
direct the disposition of: dispose or to direct
the disposition of:
MVP II None 723,783
MVP II
Affiliates None 20,680
MG II None 744,463
JED None 744,463
LDR None 744,463
Daverman 12,000 744,463
Ruth 605 744,463
On March 6, 1996, MVP II and MVP II Associates distributed 209,401
and 5,983 shares of Common Stock, respectively, to their partners
on a pro rata basis. Both Messrs. Daverman and Ruth ultimately
received 605 shares each as indirect partners of MVP II and MVP II
Associates, and each holds direct voting and dispositive power for
the respective shares received.
On October 15, 1996, Mr. Daverman purchased 11,395 shares of Common
Stock on the open market and as such holds direct voting and
dispositive power for such shares.
Each Reporting Person expressly disclaims beneficial ownership of
any shares of Common Stock beneficially owned by each other
Reporting Person.
</TABLE>
Page 11 of 15 Pages
<PAGE>
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: [_]
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
No other person has the right to receive or the power to direct
the receipt of dividends from, or other proceeds from the sale,
of the shares.
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.
Page 12 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: February 13, 1997
MARQUETTE VENTURE PARTNERS II, L.P.
MVP II AFFILIATES FUND, L.P.
MARQUETTE GENERAL II, L.P.
LDR LIMITED PARTNERSHIP
By: /s/ Lloyd D. Ruth
------------------------------------
Lloyd D. Ruth
as authorized signatory
JED LIMITED PARTNERSHIP
By: /s/ James E. Daverman
------------------------------------
James E. Daverman
as authorized signatory
/s/ James E. Daverman
---------------------------------------
JAMES E. DAVERMAN
/s/ Lloyd D. Ruth
---------------------------------------
LLOYD D. RUTH
Page 13 of 15 Pages
<PAGE>
Exhibit A
---------
AGREEMENT REGARDING THE JOINT FILING OF
SCHEDULE 13G
-----------------
The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule 13G
(the "Schedule 13G") to which this Exhibit is attached, and such Schedule 13G is
filed on behalf of each of them; and
(ii) Each of them is responsible for the timely filing of such
Schedule 13G and any subsequent amendments thereto, and for the completeness and
accuracy of the information concerning such person contained therein; but none
of them is responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.
Date: February 13, 1997
MARQUETTE VENTURE PARTNERS II, L.P.
MVP II AFFILIATES FUND, L.P.
MARQUETTE GENERAL II, L.P.
LDR LIMITED PARTNERSHIP
By: /s/ Lloyd D. Ruth
----------------------------------
Lloyd D. Ruth
as authorized signatory
JED LIMITED PARTNERSHIP
By: /s/ James E. Daverman
----------------------------------
James E. Daverman
as authorized signatory
Page 14 of 15 Pages
<PAGE>
/s/ James E. Daverman
-------------------------------------
JAMES E. DAVERMAN
/s/ Lloyd D. Ruth
-------------------------------------
LLOYD D. RUTH
Page 15 of 15 Pages
