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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.___) *
Raptor Systems, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
753817 10 5
------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
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CUSIP No. 753817 10 5 Page 2 of 9 Pages
----------- --- ---
- ------------------------- ---------------------
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greylock Equity Limited Partnership
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
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 - 3,755,255 -
SHARES -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH - 0 -
REPORTING -------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
- 3,755,255 -
-------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 -
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,755,255 -
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
28.7%
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12 TYPE OF REPORTING*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
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CUSIP No. 753817 10 5 Page 3 of 9 Pages
----------- --- ---
- ------------------------- ---------------------
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greylock Equity GP Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF - 3,755,255 -
SHARES -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH - 0 -
REPORTING -------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
- 3,755,255 -
-------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 -
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,755,255 -
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
28.7%
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12 TYPE OF REPORTING*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
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CUSIP No. 753817 10 5 13G Page 4 of 9 Pages
----------- --- ---
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Henry F. McCance
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF - 3,755,255 -
SHARES -------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH - 0 -
REPORTING -------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
- 0 -
-------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 -
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 3,755,255 -
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
28.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
Item 1.
(a) Name of Issuer:
--------------
Raptor Systems, Inc.
(b) Address of Issuer's Principal Executive Office:
----------------------------------------------
69 Hickory Drive
Waltham, MA 02154
Item 2.
(a) Name of Person Filing:
---------------------
Greylock Equity Limited Partnership ("GELP") and Greylock
Equity GP Limited Partnership ("GEGPLP"), the General
Partner of GELP, and Henry F. McCance, the Managing General
Partner of GEGPLP (the "Managing General Partner").
(b) Address of Principal Business Office or, if none, Residence:
-----------------------------------------------------------
The address of the reporting persons is:
One Federal Street
Boston, Massachusetts 02110
(c) Citizenship:
-----------
GELP is a limited partnership organized under the laws of the
State of Delaware. GEGPLP is a limited partnership organized
under the laws of the State of Delaware. The Managing
General Partner is a citizen of the United States.
(d) Title of Class of Securities:
----------------------------
Common Stock, par value $.001 per share (the "Common Stock").
(e) CUSIP Number:
------------
753817 10 5
Item 3. Description of Person Filing:
----------------------------
Not applicable.
Page 5 of 9 pages
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Item 4. Ownership(1):
------------
(a) Amount Beneficially Owned:
-------------------------
GELP is the record holder of 3,755,255 shares of Common Stock
and may be deemed to beneficially own 3,755,255 shares of
Common Stock. GEGPLP, as General Partner of GELP, may be
deemed to beneficially own 3,755,255 shares of Common Stock.
Mr. McCance, as Managing General Partner of GEGPLP, may be
deemed to beneficially own 3,755,255 shares of Common Stock.
The filing of this statement shall not be construed as an
admission that any of the reporting persons are, for the
purpose of Section 13(d) or 13(g) of the Act, the beneficial
owners of any securities covered by this statement.
(b) Percent of Class:
----------------
GELP: 28.7%
GEGPLP 28.7%
Mr. McCance: 28.7%
(c) Number of shares as to which person has:
---------------------------------------
(i) sole voting power; (ii) shared voting power; (iii) sole
dispositive power; (iv) shared dispositive power:
GELP may be deemed to have sole power to vote and dispose of
3,755,255 shares of Common Stock. GEGPLP, as General
Partner of GELP, may be deemed to have the power to vote and
dispose of 3,755,255 shares of Common Stock. Mr. McCance,
as Managing General Partner of GEGPLP, may be deemed to have
the power to vote 3,755,255 shares of Common Stock.
Item 5. Ownership of Five Percent or Less of a Class:
--------------------------------------------
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
--------------------------------------------------------
Person:
------
Not applicable.
- --------
(1) As of December 31, 1996.
Page 6 of 9 pages
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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 7 of 9 pages
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SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned hereby certifies that the
information set forth in this statement is true, complete and correct.
DATED: February 12, 1997
GREYLOCK EQUITY LIMITED PARTNERSHIP
By: Greylock Equity GP Limited Partnership
General Partner
By: /s/ Henry F.McCance
-----------------------------
Henry F. McCance
Managing General Partner
GREYLOCK EQUITY GP LIMITED PARTNERSHIP
By: /s/ Henry F.McCance
-----------------------------
Henry F. McCance
Managing General Partner
/s/ Henry F.McCance
----------------------------------
Henry F. McCance
Page 8 of 9 pages
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EXHIBIT 1
---------
AGREEMENT
Pursuant to Rule 13(d)-1(f)(1) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agree that only one statement containing the
information required by Schedule 13G need be filed with respect to the
ownership by each of the undersigned of the shares of Common Stock of
Raptor Systems, Inc.
EXECUTED as a sealed instrument this 12th day of February, 1997.
GREYLOCK EQUITY LIMITED PARTNERSHIP
By: Greylock Equity GP Limited Partnership
General Partner
By: /s/ Henry F. McCance
-----------------------------
Henry F. McCance
Managing General Partner
GREYLOCK EQUITY GP LIMITED PARTNERSHIP
By: /s/ Henry F. McCance
-----------------------------
Henry F. McCance
Managing General Partner
/s/ Henry F. McCance
----------------------------------
Henry F. McCance
Page 9 of 9 pages
