<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------
SCHEDULE 13G
(RULE 13d - 102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
(AMENDMENT NO. 2)(1)
MINIMED INC.
-----------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
-----------------------------------------
(Title of Class of Securities)
60365K 10 8
-----------------------------------------
(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 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 5
<PAGE> 2
CUSIP NO. 60365K 10 8 SCHEDULE 13G
(1) NAME OF REPORTING PERSONS
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred E. Mann
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF 4,442,126(1)
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 156,000
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 4,442,126(1)
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
156,000
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,598,126(1)
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
of Common Stock outstanding as of December 31, 1997
35.7%
---------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
---------------------------------------------------------------------
- ------------------------
(1) Includes shares owned directly by Reporting Person and shares owned through
corporations wholly-owned by Reporting Person; includes 121,000 shares which
Reporting Person had the right to acquire pursuant to options which vest within
60 days of December 31, 1997.
PAGE 2 OF 5
<PAGE> 3
CUSIP No. 60365K 10 8
ITEM 1(a) NAME OF ISSUER:
MiniMed Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
12744 San Fernando Road
Sylmar, California 91342
ITEM 2(a) NAME OF PERSONS FILING:
Alfred E. Mann
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
12744 San Fernando Road
Sylmar, California 91342
ITEM 2(c) CITIZENSHIP:
United States
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value.
ITEM 2(e) CUSIP NUMBER:
60365K 10 8
ITEM 3 THE PERSON FILING THIS STATEMENT IS A:
Not applicable.
Page 3 of 5
<PAGE> 4
ITEM 4. OWNERSHIP
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
(a) (b) (c)
(i) (ii) (iii) (iv)
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
Total Amount % of Class Sole Power to Vote Share Power to Sole Power to Shared Power to
or to direct the Vote or to direct dispose of or to Dispose or to
vote the Vote direct direct
disposition of Disposition of
- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------
4,598,126* 35.7% 4,442,126* 156,000 4,442,126* 156,000
- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
* Includes 121,000 shares which Reporting Person has right to acquire pursuant
to the options which vest within 60 days of December 31, 1997.
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.
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 4 of 5
<PAGE> 5
SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
February 13, 1998
/s/ Alfred E. Mann
---------------------------
Alfred E. Mann
Page 5 of 5
