SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No.__ )*
SCIENTIFIC LEARNING CORP.
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(Name of Issuer)
COMMON
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(Title of Class of Securities)
808760102
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(CUSIP Number)
A.R. Haberkorn III, HLM MGMT. Co., Inc. 222 Berkeley St. Boston, MA 01746
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
IPO / Lock-Up Expiration
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(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[_].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
* 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 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).
(SC13D-07/99)
<PAGE>
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CUSIP No. 808760102 13D Page 2 of 4 Pages
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================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
HLM MGMT. CO., INC.
222 Berkeley St.
Boston, MA 04 280 3046
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
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7 SOLE VOTING POWER
NUMBER OF
567,067
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING
567,067
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
567,067
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.48%
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14 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 13D Page 3 of 4 Pages
________________________________________________________________________________
Item 1. Security and Issuer.
Scientific Learning
1995 University Ave., Ste. 400, Berkeley, CA 94704
________________________________________________________________________________
Item 2. Identity and Background.
(a) HLM Management Co., Inc.
(b) 222 Berkeley St., Boston, MA 02116
(c) IA
(d) n/a
(e) n/a
(f) Incorporated in Massachusetts
________________________________________________________________________________
Item 3. Source and Amount of Funds or Other Consideration.
$8,764,976.80
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Item 4. Purpose of Transaction. Investment.
(a) 567,067 Sole
(b) 5.48%
(c) n/a
(d) n/a
(e) n/a
(f)
(g)
(h)
(i)
(j)
________________________________________________________________________________
Item 5. Interest in Securities of the Issuer.
(a) 567,067 common shares 5.48%
(b) 100%
(c) n/a
(d) n/a
(e) n/a
________________________________________________________________________________
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
n/a
________________________________________________________________________________
Item 7. Material to be Filed as Exhibits.
________________________________________________________________________________
<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.
February 14, 2000
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(Date)
A. R. Haberkorn
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(Signature)
Clerk
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(Name/Title)
Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
