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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1 )*
Anadigics, Inc.
---------------
(Name of Issuer)
Common Stock and Options, $.01 par value
----------------------------------------
(Title of Class of Securities)
032515108
---------
(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 the
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 19 pages
CUSIP NO. 032515108 13G Page 2 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Venture Limited Partnership
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
164,446
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 392,877
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 164,446
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
392,877
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,323
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 19 pages
CUSIP NO. 032515108 13G Page 3 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Venture Offshore Limited Partnership, C.V.
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles Limited Partnership
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
392,877
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 164,446
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 392,877
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
164,446
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,323
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 19 pages
CUSIP NO. 032515108 13G Page 4 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Management Limited Partnership
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 557,323
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
557,323
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
557,323
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 19 pages
CUSIP NO. 032515108 13G Page 5 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Offshore Management, N.V.
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles Corporation
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
less than five percent (5%)
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY less than five percent (5%)
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON less than five percent (5%)
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
less than five percent (5%)
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
less than five percent (5%)
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
less than five percent (5%)
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
CO
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 19 pages
CUSIP NO. 032515108 13G Page 6 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Venture Partners L.P.
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- ------
- ------ -------------------------------------------------------------------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
2,784
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 557,323
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 2,784
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
557,323
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
560,107
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 19 pages
CUSIP NO. 032515108 13G Page 7 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry T. Rein
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
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
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
19,000
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 560,107
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 19,000
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
560,107
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
579,107
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.9%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 19 pages
CUSIP NO. 032515108 13G Page 8 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James J. Fitzpatrick
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
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
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 560,107
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
560,107
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
560,107
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 19 pages
CUSIP NO. 032515108 13G Page 9 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory Kopchinsky
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
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
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 560,107
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
560,107
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
560,107
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 19 pages
CUSIP NO. 032515108 13G Page 10 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert J. Migliorino
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
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
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 560,107
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
560,107
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
560,107
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 19 pages
CUSIP NO. 032515108 13G Page 11 of 19 Pages
- ------ -------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eric A. Young
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
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
- ------ -------------------------------------------------------------------------
- ----------------------- ----- --------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
----- --------------------------------------------------
----- --------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 560,107
----- --------------------------------------------------
----- --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
----- --------------------------------------------------
----- --------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
560,107
- ----------------------- ----- --------------------------------------------------
- ------ -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
560,107
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.7%
- ------ -------------------------------------------------------------------------
- ------ -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- ------ -------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 19 pages
ITEM 1(A). NAME OF ISSUER:
Anadigics, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
35 Technology Drive, Warren, NJ 07059.
ITEM 2(A). NAMES OF PERSONS FILING:
This statement is filed by Canaan Venture Limited Partnership,
a Delaware limited partnership, ("Canaan Venture"), Canaan
Venture Offshore Limited Partnership C.V., a Netherlands
Antilles limited partnership ("Canaan Venture Offshore"),
Canaan Management Limited Partnership, a Delaware limited
partnership, ("Canaan Management"), Canaan Offshore
Management, N.V., a Netherlands Antilles corporation, Canaan
Venture Partners L.P., a Delaware limited partnership,
("Canaan Partners") and Harry T. Rein, James J. Fitzpatrick,
Gregory Kopchinsky, Robert J. Migliorino and Eric A. Young
(collectively, the "Partners"). Canaan Management (which
serves as the sole general partner of Canaan Venture and one
of the two general partners of Canaan Venture Offshore),
Canaan Offshore Management, N.V. (which serves as the other
general partner of Canaan Venture Offshore), Canaan Partners
(which serves as the general partner of Canaan Management) and
the Partners (who serve as general partners of Canaan
Partners), are collectively referred to as the "Reporting
Persons" in this Schedule 13G.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Except in the case of Canaan Venture Offshore and Eric A.
Young, the principal business address of the Reporting Persons
is 105 Rowayton Avenue, Rowayton, CT 06853. The principal
address of Canaan Venture Offshore and Canaan Offshore
Management, N.V. is c/o ABN Trustcompany, Pietermaai 15,
Curacao, the Netherlands Antilles. The principal business
address of Eric A. Young is 2884 Sand Hill Road, Suite 115,
Menlo Park, CA 94025.
ITEM 2(C). CITIZENSHIP:
Each of Canaan Venture, Canaan Management and Canaan Partners
is a limited partnership organized under the laws of Delaware.
Canaan Venture Offshore is a limited partnership and Canaan
Offshore Management, N.V. is a corporation organized under the
laws of the Netherlands Antilles. Each of the Partners are
citizens of the United States.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
This Schedule 13G report relates to the Common Stock and
Options, par value $.01 ("Common Stock") of Anadigics, Inc.
("the Company").
ITEM 2(E). CUSIP NUMBER:
032515108.
Page 12 of 19 pages
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15
of the Securities Exchange Act of 1934 (the
"Act").
(b) [ ] Bank as defined in Section 3 (a) (6) of the
Act.
(c) [ ] Insurance Company as defined in Section 3(a)
(19) of the Act.
(d) [ ] Investment Company registered under Section
8 of the Investment Company Act of 1940.
(e) [ ] Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940.
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see Rule 13d-1 (b) (1) (ii)
(F) of the Act.
(g) [ ] Parent Holding Company, in accordance with
Rule 13d-1 (b) (ii) (G) of the Act.
(h) [ ] Group, in accordance with Rule 13d-1 (b) (1)
(ii) (H) of the Act.
Not applicable.
ITEM 4. OWNERSHIP:
(a) Amount Beneficially Owned:
By virtue of their common control, Canaan Venture and
Canaan Venture Offshore each may be deemed to be the
beneficial owners of 557,323 shares of Common Stock.
Canaan Management, by virtue of its status as general
partner of Canaan Venture and Canaan Venture
Offshore, may be deemed to be the beneficial owner of
557,323 shares. Through its direct holdings and by
virtue of its status as general partner of Canaan
Management, Canaan Partners may be deemed to be the
beneficial owner of 560,107 shares. By virtue of
their status as general partners of Canaan Partners,
the Partners (except for Mr. Rein) may each be deemed
to be the beneficial owner of 560,107 shares. In
addition, Harry T. Rein may be deemed to be the
beneficial owner of 579,107 shares of Common Stock.
Canaan Venture is the record owner of 164,446 shares
of Common Stock. Canaan Venture Offshore is the
record owner of 392,877 shares of Common Stock.
Canaan Partners is the record owner of 2,784 shares
of Common Stock. All other Reporting Persons hold
their respective beneficially owned shares due to
their relationships to the above Partnerships as
outlined in Item 2. In addition, Harry T. Rein holds
options to purchase 15,000 shares of Common Stock at
$12.00 per share, and options to purchase 4,000
shares of Common Stock at $21.25 per share.
Page 13 of 19 pages
(b) Percent of Class:
Canaan Venture: 6.7%; Canaan Venture Offshore: 6.7%;
Canaan Management: 6.7%; Canaan Partners: 6.7%; each
of the Partners (other than Mr. Rein): 6.7%; and
Harry T. Rein: 6.9%.
The foregoing percentages are calculated based on the
8,324,002 shares of Common Stock reported to be
outstanding on the Quarterly Report on Form 10-Q of
Anadigics, Inc. for the period ended 9/30/96.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: Canaan
Venture: 164,446 shares; Canaan Venture Offshore:
392,877 shares; and Harry T. Rein: 19,000 shares.
(ii) Shared power to vote or to direct the vote:
Canaan Venture: 392,877 shares; Canaan Venture
Offshore: 164,446 shares; Canaan Management: 557,323
shares; Canaan Partners: 557,323 shares; and each of
the Partners: 560,107 shares.
(iii) Sole power to dispose or to direct the
disposition of: Canaan Venture: 164,446 shares;
Canaan Venture Offshore: 392,877 shares; and Harry T.
Rein: 19,000 shares.
(iv) Shared power to dispose or to direct the
disposition of: Canaan Venture: 392,877 shares;
Canaan Venture Offshore: 164,446 shares; Canaan
Management: 557,323 shares; Canaan Partners: 557,323
shares; and each of the Partners: 560,107 shares.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Canaan Offshore Management, N.V., as of the date hereof, is no
longer deemed to be the beneficial owner of more than five
percent of the class of securities.
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.
Each of the reporting persons expressly disclaims membership
in a "Group" as defined in Rule 13d-1 (b) (ii) (H).
Page 14 of 19 pages
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable. This Schedule 13G is not filed pursuant to
Rule 13d-1(b).
Page 15 of 19 pages
SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief, each of
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
February 10, 1997
Canaan Venture Limited Partnership
By: Canaan Management Limited Partnership
Its General Partner
By: Canaan Venture Partners L.P.
Its General Partner
By: /s/ Harry T. Rein
------------------------
General Partner
Canaan Venture Offshore Limited Partnership, C. V.
By: Canaan Management Limited Partnership
Its General Partner
By: Canaan Venture Partners L.P.
Its General Partner
By: /s/ Harry T. Rein
------------------------
General Partner
Canaan Management Limited Partnership
By: Canaan Venture Partners L.P.
Its General Partner
By: /s/ Harry T. Rein
------------------------
General Partner
Canaan Offshore Management, N.V.
By: /s/ Harry T. Rein
------------------------
President
Canaan Venture Partners L.P.
By: /s/ Harry T. Rein
------------------------
General Partner
Page 16 of 19 pages
/s/ Harry T. Rein
- --------------------------
Harry T. Rein
/s/ James J. Fitzpatrick
- --------------------------
James J. Fitzpatrick
/s/ Gregory Kopchinsky
- --------------------------
Gregory Kopchinsky
/s/ Robert J. Migliorino
- --------------------------
Robert J. Migliorino
/s/ Eric A. Young
- --------------------------
Eric A. Young
Page 17 of 19 pages
Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) (1) under the Securities Exchange Act of 1934,
as amended, the undersigned agree that only one statement containing the
information required by Schedule 13G need be filed by each of the undersigned
with respect to the ownership by each of the undersigned of shares of stock of
Anadigics, Inc. This Agreement may be executed in any number of counterparts,
each of which shall be deemed an original.
February 10, 1997.
Canaan Venture Limited Partnership
By: Canaan Management Limited Partnership
Its General Partner
By: Canaan Venture Partners L.P.
Its General Partner
By: /s/ Harry T. Rein
--------------------------
General Partner
Canaan Venture Offshore Limited Partnership, C. V.
By: Canaan Management Limited Partnership
Its General Partner
By: Canaan Venture Partners L.P.
Its General Partner
By: /s/ Harry T. Rein
--------------------------
General Partner
Canaan Management Limited Partnership
By: Canaan Venture Partners L.P.
Its General Partner
By: /s/ Harry T. Rein
--------------------------
General Partner
Canaan Offshore Management, N.V.
By: /s/ Harry T. Rein
--------------------------
President
Canaan Venture Partners L.P.
By: /s/ Harry T. Rein
--------------------------
General Partner
Page 18 of 19 pages
/s/ Harry T. Rein
- ---------------------------
Harry T. Rein
/s/ James J. Fitzpatrick
- ---------------------------
James J. Fitzpatrick
/s/ Gregory Kopchinsky
- ---------------------------
Gregory Kopchinsky
/s/ Robert J. Migliorino
- ---------------------------
Robert J. Migliorino
/s/ Eric A. Young
- ---------------------------
Eric A. Young
Page 19 of 19 pages
