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), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No.__)*
PHARMACYCLICS INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
716933 10 6
- --------------------------------------------------------------------------------
(CUSIP Number)
March 9, 1999
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 ("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).
(Continued on following pages)
Page 1 of 20 Pages
Exhibit Index Contained on Page 17
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 2 of 20 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management II, L.P. ("ICM2")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 78,394 shares, which are directly owned by Integral Capital
SHARES Partners International II, C.V. ("ICPI2"). ICM2 is the
BENEFICIALLY investment general partner of ICPI2.
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
78,394 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
78,394 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.6%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 3 of 20 Pages
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- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management III, L.P. ("ICM3")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 356,440 shares, of which 290,285 shares are directly owned by
SHARES Integral Capital Partners III, L.P. ("ICP3") and 66,155 shares
BENEFICIALLY are directly owned by Integral Capital Partners International
OWNED BY EACH III, L.P. ("ICPI3"). ICM3 is the general partner of ICP3 and the
REPORTING investment general partner of ICPI3.
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
356,440 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,440 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.9%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 4 of 20 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management IV, LLC ("ICM4")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited liability company)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 363,350 shares which are directly owned by Integral Capital
SHARES Partners IV, L.P. ("ICP4"). ICM4 is the general partner of ICP4.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
363,350 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
363,350 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.9%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 5 of 20 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ICP MS Management, LLC ("ICP Management")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited liability company)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 1,750 shares which are directly owned by Integral Capital
SHARES Partners IV MS Side Fund, L.P. ("Side Fund"). ICP Management is
BENEFICIALLY the general partner of Side Fund.
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,750 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,750 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.01%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 6 of 20 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners International II C.V. ("ICPI2")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 78,394 shares are directly owned by ICPI2. Integral Capital
SHARES Management II, L.P. is the investment general partner of ICPI2.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
78,394 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
78,394 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.6%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 7 of 20 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners III, L.P. ("ICP3")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 290,285 shares are directly owned by ICP3. Integral Capital
SHARES Management III, L.P. is the general partner of ICP3.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
290,285 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
290,285 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 8 of 20 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners International III, L.P. ("ICPI3")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 66,155 shares are directly owned by ICPI3. Integral Capital
SHARES Management III, L.P. is the investment general partner of ICPI3.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
66,155 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
66,155 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.5%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 9 of 20 Pages
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- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners IV, L.P. ("ICP4")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 363,350 shares are directly owned by ICP4. Integral Capital
SHARES Management IV, LLC is the general partner of ICP4.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
363,350 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
363,350 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.9%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C>
CUSIP NO. 716933 10 6 13G Page 10 of 20 Pages
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- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners IV MS Side Fund, L.P. ("Side Fund")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b ) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 1,750 shares are directly owned by Side Fund. ICP MS
SHARES Management, LLC is the general partner of Side Fund.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,750 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,750 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.01%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
Page 11 of 20
ITEM 1(a). NAME OF ISSUER:
Pharmacyclics, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
995 East Arques Avenue
Sunnyvale, CA 94086
ITEM 2(a), (b), (c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS OFFICE
OR, IF NONE, RESIDENCE, AND CITIZENSHIP:
This statement is being filed by Integral Capital Management
II, L.P., a Delaware limited partnership, ("ICM2"), Integral Capital Management
III, L.P., a Delaware limited partnership ("ICM3"), Integral Capital Management
IV, LLC, a Delaware limited liability company ("ICM4"), and ICP MS Management,
LLC, a Delaware limited liability company "(ICP Management"). The principal
business address of ICM2, ICM3, ICM4 and ICP Management is 2750 Sand Hill Road,
Menlo Park, California 94025.
ICM2 is the investment general partner of Integral Capital
Partners International II, C.V., a Netherlands Antilles limited partnership
("ICPI2"). ICM3 is the general partner of Integral Capital Partners III, L.P., a
Delaware limited partnership ("ICP3"), and the investment general partner of
Integral Capital Partners International III, L.P., a Cayman Islands exempted
limited partnership ("ICPI3"). ICM4 is the general partner of Integral Capital
Partners IV, L.P., a Delaware limited partnership ("ICP4"). ICP Management is
the general partner of Integral Capital Partners IV MS Side Fund, L.P., a
Delaware limited partnership ("Side Fund"). With respect to ICM2, ICM3, ICM4 and
ICP Management, this statement relates only to ICM2's, ICM3's, ICM4's and ICP
Management's indirect, beneficial ownership of shares of Common Stock of the
Issuer (the "Shares"). The Shares have been purchased by ICPI2, ICP3, ICPI3,
ICP4 and Side Fund, and none of ICM2, ICM3, ICM4 or ICP Management, directly or
otherwise hold any Shares. Management of the business affairs of ICM2, ICM3,
ICM4 and ICP Management, including decisions respecting disposition and/or
voting of the Shares, resides in a majority of the general partners or managers
of ICM2, ICM3, ICM 4 and ICP Management, respectively such that no single
general partner or manager of ICM2, ICM3, ICM4 or ICP Management has voting
and/or dispositive power of the Shares.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
716933 10 6
<PAGE>
Page 12 of 20
<TABLE>
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) or (c), CHECK WHETHER THE PERSON FILING
IS A:
<CAPTION>
<S> <C> <C> <C>
(a) [ ] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act.
(d) [ ] Investment company registered under Section 8 of the Investment Company Act.
(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an investment company under
Section 3(c)(14) of the Investment Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [ X ].
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage of the class of
securities of the issuer identified in Item 1.
A. Integral Capital Management II, L.P. ("ICM2")
(a) Amount Beneficially Owned: 78,394
(b) Percent of Class: 0.6%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 78,394
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 78,394
B. Integral Capital Management III, L.P. ("ICM3")
(b) Amount Beneficially Owned: 356,440
(b) Percent of Class: 2.9%
(c) Number of shares as to which such person has:
4. Sole power to vote or to direct vote: -0-
5. Shared power to vote or to direct vote: 356,440
6. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 356,440
<PAGE>
Page 13 of 20
C. Integral Capital Management IV, LLC ("ICM4")
(a) Amount Beneficially Owned: 363,350
(b) Percent of Class: 2.9%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 363,350
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 363,350
D. ICP MS Management, LLC ("ICP Management")
(a) Amount Beneficially Owned: 1,750
(b) Percent of Class: 0.01%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 1,750
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 1,750
E. Integral Capital Partners International II C.V. ("ICPI2")
(a) Amount Beneficially Owned: 78,394
(b) Percent of Class: 0.6%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 78,394
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 78,394
F. Integral Capital Partners III, L.P. ("ICP3")
(a) Amount Beneficially Owned: 290,285
(b) Percent of Class: 2.3%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 290,285
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 290,285
G. Integral Capital Partners International III, L.P. ("ICPI3")
(a) Amount Beneficially Owned: 66,155
(b) Percent of Class: 0.5%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 66,155
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 66,155
<PAGE>
Page 14 of 20
H. Integral Capital Partners IV, L.P. ("ICP4")
(a) Amount Beneficially Owned: 363,350
(b) Percent of Class: 2.9%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 363,350
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 363,350
I. Integral Capital Partners IV MS Side Fund, L.P. ("Side Fund")
(a) Amount Beneficially Owned: 1,750
(b) Percent of Class: 0.01%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 1,750
3. Sole power to dispose or to direct the disposition: -0-
4. Shared power to dispose or to direct the disposition: 1,750
</TABLE>
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.
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 CLASSIFCATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
<PAGE>
Page 15 of 20
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or
effect.
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.
Dated: March 16, 1999
INTEGRAL CAPITAL MANAGEMENT II, L.P.
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL MANAGEMENT III, L.P.
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
ICP MS MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS INTERNATIONAL II C.V.
By Integral Capital Management II, L.P.,
its Investment General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
<PAGE>
Page 16 of 20
INTEGRAL CAPITAL PARTNERS III, L.P.
By Integral Capital Management III, L.P.,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS INTERNATIONAL
III, L.P.
By Integral Capital Management III, L.P.,
its Investment General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS IV, L.P.
By Integral Capital Management IV, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS IV MS SIDE FUND,
L.P.
By ICP MS Management, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 17 of 20
EXHIBIT INDEX
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Found on
Sequentially
Exhibit Numbered Page
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Exhibit A: Agreement of Joint Filing 18
<PAGE>
Page 18 of 20
EXHIBIT A
---------
Agreement of Joint Filing
-------------------------
The undersigned hereby agree that they are filing jointly
pursuant to Rule 13d-1(k)(1) of the Act the statement dated March 16, 1999
containing the information required by Schedule 13G, for the 799,934 Shares of
capital stock of Pharmacyclics, Inc. held by Integral Capital Partners
International II C.V., a Netherlands Antilles limited partnership, Integral
Capital Partners III, L.P., a Delaware limited partnership, Integral Capital
Partners International III, L.P., a Cayman Islands exempted limited partnership,
Integral Capital Partners IV, L.P., a Delaware limited partnership, and Integral
Capital Partners IV MS Side Fund, L.P., a Delaware limited partnership.
Date: March 16, 1999
INTEGRAL CAPITAL MANAGEMENT II, L.P.
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL MANAGEMENT III, L.P.
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
ICP MS MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 19 of 20
INTEGRAL CAPITAL PARTNERS INTERNATIONAL II C.V.
By Integral Capital Management II, L.P.,
its Investment General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS III, L.P.
By Integral Capital Management III, L.P.,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS INTERNATIONAL
III, L.P.
By Integral Capital Management III, L.P.,
its Investment General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS IV, L.P.
By Integral Capital Management IV, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 20 of 20
INTEGRAL CAPITAL PARTNERS IV MS SIDE FUND,
L.P.
By ICP MS Management, LLC,
its General Partner
By /s/ Pamela K. Hagenah
----------------------------------
Pamela K. Hagenah
a Manager
