-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G+ZxnuYtXMlCjzA96O+9cNjeAFxDskh22pGmKWO0crZvSzyKuihnYQnx24Xw3WVC E8A/8cz7AwOeXApqMhnqNg== 0001047469-98-005411.txt : 19980217 0001047469-98-005411.hdr.sgml : 19980217 ACCESSION NUMBER: 0001047469-98-005411 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980212 SROS: NASD GROUP MEMBERS: ANN H. LAMONT GROUP MEMBERS: BANDEL L. CARANO GROUP MEMBERS: EDWARD F. GLASSMEYER GROUP MEMBERS: EILEEN M. MORE GROUP MEMBERS: GERALD R. GALLAGHER GROUP MEMBERS: OAK ASSOCIATES IV , LLC GROUP MEMBERS: OAK INVESTMENT PARTNERS IV, LIMITED PARTNERSHIP GROUP MEMBERS: OAK IV AFFILIATES GROUP MEMBERS: OAK IV AFFILIATES FUND, LIMITED PARTNERSHIP GROUP MEMBERS: OAK MANAGEMENT CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: POLYCOM INC CENTRAL INDEX KEY: 0001010552 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 943128324 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-47513 FILM NUMBER: 98534373 BUSINESS ADDRESS: STREET 1: 2584 JUNCTION AVE CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4085269000 MAIL ADDRESS: STREET 1: 2584 JUNCTION AVE CITY: SAN JOSE STATE: CA ZIP: 95120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OAK MANAGEMENT CORP CENTRAL INDEX KEY: 0001030818 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 2032268346 MAIL ADDRESS: STREET 1: ONE GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 SC 13G/A 1 SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Polycom, Inc. (Name of Issuer) Common Stock Par Value $.0005 (Title of Class of Securities) 73172K104 (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). Cusip No. 73172K104 13G Page 2 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Oak Investment Partners IV, Limited Partnership 06-1237975 - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power 2,630,150 Shares of Shares Common Stock Beneficially (6) Shared Voting Power Not applicable Owned by Each (7) Sole Dispositive Power 2,630,150 Shares of Reporting Person Common Stock with (8) Shared Dispositive Power Not applicable
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,630,150 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 13.7% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN Cusip No. 73172K104 13G Page 3 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Oak Associates IV, LLC 06-1462390 - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,630,150 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person (8) Shared Dispositive Power 2,630,150 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,630,150 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 13.7% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) OO-LLC Cusip No. 73172K104 13G Page 4 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Oak IV Affiliates Fund, Limited Partnership 06-1256163 - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power 111,248 Shares of Shares Common Stock Beneficially (6) Shared Voting Power Not applicable Owned by Each (7) Sole Dispositive Power 111,248 Shares of Reporting Person Common Stock with (8) Shared Dispositive Power Not applicable
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 111,248 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 0.6% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN Cusip No. 73172K104 13G Page 5 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Oak IV Affiliates 06-1256164 - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Connecticut - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 111,248 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person with (8) Shared Dispositive Power 111,248 Shares of Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 111,248 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 0.6% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) PN Cusip No. 73172K104 13G Page 6 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Oak Management Corporation 06-0990851 - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,741,398 Shares of Common Stock Owned by (7) Sole Dispositive Power Not applicable Each Reporting Person (8) Shared Dispositive Power 2,741,398 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,741,398 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 14.3% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) CO Cusip No. 73172K104 13G Page 7 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Bandel L. Carano - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,741,398 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person (8) Shared Dispositive Power 2,741,398 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,741,398 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 14.3% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN Cusip No. 73172K104 13G Page 8 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Gerald R. Gallagher - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,741,398 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person (8) Shared Dispositive Power 2,741,398 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,741,398 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 14.3% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN Cusip No. 73172K104 13G Page 9 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Edward F. Glassmeyer - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,741,398 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person (8) Shared Dispositive Power 2,741,398 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,741,398 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 14.3% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN Cusip No. 73172K104 13G Page 10 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Ann H. Lamont - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,741,398 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person (8) Shared Dispositive Power 2,741,398 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,741,398 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 14.3% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN Cusip No. 73172K104 13G Page 11 of 18 Pages 1 Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Eileen M. More - ------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC Use Only - ------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - ------------------------------------------------------------------------------- Number of (5) Sole Voting Power Not applicable Shares Beneficially (6) Shared Voting Power 2,741,398 Shares of Common Stock Owned by Each (7) Sole Dispositive Power Not applicable Reporting Person (8) Shared Dispositive Power 2,741,398 Shares of with Common Stock
- ------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,741,398 Shares of Common Stock - ------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - ------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 14.3% - ------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IN Page 12 of 18 pages Schedule 13G Amendment No. 1 Common Stock, Par Value $.0005 CUSIP No. 73172K104 Item 1(a) Name of Issuer: Polycom, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 2584 Junction Avenue San Jose, CA 95134 Item 2(a) Name of Person filing: Oak Investment Partners IV, Limited Partnership Oak Associates IV, LLC Oak IV Affiliates Fund, Limited Partnership Oak IV Affiliates Oak Management Corporation Bandel L. Carano Gerald R. Gallagher Edward F. Glassmeyer Ann H. Lamont Eileen M. More Item 2(b) Address of Principal Business Office or, if none, Residence: c/o Oak Management Corporation One Gorham Island Westport, CT 06880 Item 2(c) Citizenship: Please refer to Item 4 on each cover sheet for each filing person Item 2(d) Title of Class of Securities: Common stock, $.0005 par value Item 2(e) CUSIP Number: 73172K104 Item 3 Not Applicable. Item 4 Ownership. The approximate percentages of shares of Common Stock reported as beneficially owned by the Reporting Entities is based upon 19,189,370 shares outstanding as of October 28, 1997, as reported in the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended September 28, 1997, plus the shares issuable upon exercise of the options described in the following sentence. Amounts shown as beneficially owned include currently exercisable options to purchase 19,128 shares of Common Stock and 872 shares of Common Stock which may be deemed to be held by Bandel L. Carano on behalf of Oak Investment Partners IV, Limited Partnership, and Oak IV Affiliates Fund, Limited Partnership, respectively. Please see Items 5, 6, 7, 8, 9 and 11 for each cover sheet for each filing entity. 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 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 February 12, 1998 Oak Investment Partners IV, Limited Partnership By: Oak Associates IV, LLC, As General Partner By: /s/ Edward F. Glassmeyer ------------------------------ Managing Member Oak Associates IV, LLC By: /s/ Edward F. Glassmeyer ------------------------------ Managing Member Oak IV Affiliates Fund, Limited Partnership By: Oak IV Affiliates, As General Partner By: /s/ Edward F. Glassmeyer ------------------------------ General Partner Oak IV Affiliates By: /s/ Edward F. Glassmeyer ------------------------------ General Partner OAK MANAGEMENT CORPORATION By: /s/ Edward F. Glassmeyer ------------------------------ Name: Edward F. Glassmeyer Title: President /s/ Bandel L. Carano ------------------------------ Bandel L. Carano /s/ Gerald R. Gallagher ------------------------------ Gerald R. Gallagher /s/ Edward F. Glassmeyer ------------------------------ Edward F. Glassmeyer /s/ Ann H. Lamont ------------------------------ Ann H. Lamont /s/ Eileen M. More ------------------------------ Eileen M. More INDEX TO EXHIBITS ----------------- Page ---- EXHIBIT A Agreement of Reporting Persons 17 EX-99.1 2 EXHIBIT A Exhibit A --------- Each of the undersigned hereby agrees that Amendment No. 1 the Schedule 13G filed on the date hereof with respect to the shares of Common Stock of Polycom, Inc. has been filed on behalf of the undersigned. Signature: - --------- Dated February 12, 1998 Oak Investment Partners IV, Limited Partnership By: Oak Associates IV, LLC, As General Partner By: /s/ Edward F. Glassmeyer ------------------------ Managing Member Oak Associates IV, LLC By: /s/ Edward F. Glassmeyer ------------------------ Managing Member Oak IV Affiliates Fund, Limited Partnership By: Oak IV Affiliates, As General Partner By: /s/ Edward F. Glassmeyer ------------------------ General Partner Oak IV Affiliates By: /s/ Edward F. Glassmeyer ------------------------ General Partner OAK MANAGEMENT CORPORATION By: /s/ Edward F. Glassmeyer ------------------------ Name: Edward F. Glassmeyer Title: President /s/ Bandel L. Carano ------------------------ Bandel L. Carano /s/ Gerald R. Gallagher ------------------------ Gerald R. Gallagher /s/ Edward F. Glassmeyer ------------------------ Edward F. Glassmeyer /s/ Ann H. Lamont ------------------------ Ann H. Lamont /s/ Eileen M. More ------------------------ Eileen M. 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