-----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, ONwX7h+Fh103jBFue7tamRiAHyJ2XUNS7KsSxqotcVQfZQZivNfCUgnw+X1rYP8+ 5X6fy/Gc+HPKktFnlU49Ig== 0000950135-99-000670.txt : 19990215 0000950135-99-000670.hdr.sgml : 19990215 ACCESSION NUMBER: 0000950135-99-000670 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990212 GROUP MEMBERS: CANAAN CAPITAL LIMITED PARTNERSHIP GROUP MEMBERS: CANAAN CAPITAL MANAGEMENT L.P. GROUP MEMBERS: CANAAN CAPITAL OFFSHORE LIMITED PARTNERSHIP, C.V. GROUP MEMBERS: CANAAN CAPITAL OFFSHORE MANAGEMENT, N.V. GROUP MEMBERS: CANAAN CAPITAL PARTNERS L.P. GROUP MEMBERS: DEEPAK KAMRA GROUP MEMBERS: ERIC P. YOUNG GROUP MEMBERS: GREGORY KOPCHINSKY GROUP MEMBERS: HARRY T. REIN GROUP MEMBERS: JAMES J. FITZPATRICK GROUP MEMBERS: ROBERT MIGLIORINO GROUP MEMBERS: STEPHEN L. GREEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCE PARADIGM INC CENTRAL INDEX KEY: 0001012956 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090] IRS NUMBER: 752493381 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48759 FILM NUMBER: 99533646 BUSINESS ADDRESS: STREET 1: 545 E JOHN CARPENTER FREEWAY STREET 2: STE 1570 CITY: IRVING STATE: TX ZIP: 75062 BUSINESS PHONE: 2148306199 MAIL ADDRESS: STREET 1: 545 E JOHN CARPENTER FREEWAY SUITE 1900 STREET 2: 545 E JOHN CARPENTER FREEWAY SUITE 1900 CITY: IRVING STATE: TX ZIP: 75062 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANAAN CAPITAL LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0001012797 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 105 ROWAYTON AVE CITY: ROWAYTON STATE: CT ZIP: 06853 BUSINESS PHONE: 2038550400 MAIL ADDRESS: STREET 1: CANAAN CAPITAL LIMITED PARTNERSHIP STREET 2: 105 ROWAYTON AVE CITY: ROWAYTON STATE: CT ZIP: 06853 SC 13G/A 1 CANAAN CAPITAL L.P. ADVANCE PARADIGM, INC. 1 ------------------------- OMB APPROVAL ------------------------- UNITED STATES OMB Number: 3235-0145 SECURITIES AND EXCHANGE COMMISSION Expires: August 31, 1999 WASHINGTON, D.C. 20549 Estimated average burden hours per response. 14.90 ------------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 (AMENDMENT NO. TWO )* Advance ParadigM, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 007491103 -------------- (CUSIP Number) December 31, 1998 - -------------------------------------------------------------------------------- (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) [ ] Rule 13d-1(c) [X] 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 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). SEC 1745 (3-98) Page 1 of 22 pages 2 SCHEDULE 13G CUSIP NO. 007491103 PAGE 2 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Capital 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 NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 22 pages 3 SCHEDULE 13G CUSIP NO. 007491103 PAGE 3 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Capital 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 Netherland Antilles Limited Partnership - ------------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 22 pages 4 SCHEDULE 13G CUSIP NO. 007491103 PAGE 4 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Capital Management 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 NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 22 pages 5 SCHEDULE 13G CUSIP NO. 007491103 PAGE 5 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Capital 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 Netherland Antilles Corporation - ------------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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 22 pages 6 SCHEDULE 13G CUSIP NO. 007491103 PAGE 6 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Canaan Capital 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 NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 22 pages 7 SCHEDULE 13G CUSIP NO. 007491103 PAGE 7 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS 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 NUMBER OF 3,074 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 3,074 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,074 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 22 pages 8 SCHEDULE 13G CUSIP NO. 007491103 PAGE 8 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS 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 NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 22 pages 9 SCHEDULE 13G CUSIP NO. 007491103 PAGE 9 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Stephen L. Green - ------------------------------------------------------------------------------- (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 NUMBER OF 16,246 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 16,246 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,246 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 22 pages 10 SCHEDULE 13G CUSIP NO. 007491103 PAGE 10 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Deepak Kamra - ------------------------------------------------------------------------------- (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 NUMBER OF 141 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 141 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 141 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 22 pages 11 SCHEDULE 13G CUSIP NO. 007491103 PAGE 11 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS 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 NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 22 pages 12 SCHEDULE 13G CUSIP NO. 007491103 PAGE 12 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Robert 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 NUMBER OF 304 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 304 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 304 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 22 pages 13 SCHEDULE 13G CUSIP NO. 007491103 PAGE 13 OF 22 PAGES ----------- --- --- - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS 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 NUMBER OF 1,191 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON WITH (7) SOLE DISPOSITIVE POWER 1,191 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,191 - ------------------------------------------------------------------------------- (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* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 22 pages 14 Item 1(a). Name of Issuer -------------- Advance ParadigM, Inc. Item 1(b). Address of Issuer's Principal Executive Offices ----------------------------------------------- 545 E. John Carpenter Freeway, Suite 1900 Irving, TX 75062 Item 2(a). Name of Person Filing --------------------- This statement is filed by Canaan Capital Limited Partnership, a Delaware limited partnership, ("Canaan Capital"), Canaan Capital Offshore Limited Partnership C.V., a Netherlands Antilles limited partnership, ("Canaan Capital Offshore"), Canaan Capital Management L.P., a Delaware limited partnership, ("Canaan Capital Management"), Canaan Capital Offshore Management, N.V., a Netherlands Antilles corporation ("Canaan Corporation"), Canaan Capital Partners L.P., a Delaware limited partnership, ("Canaan Partners") and Harry T. Rein, James J. Fitzpatrick, Deepak Kamra, Stephen L. Green, Gregory Kopchinsky, Robert J. Migliorino, and Eric A. Young (collectively, the "Partners"). Canaan Capital Management (which serves as the sole general partner of Canaan Capital and one of the two general partners of Canaan Capital Offshore), Canaan Corporation (which serves as the other general partner of Canaan Capital Offshore), Canaan Partners (which serves as the general partner of Canaan Capital 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 Capital Offshore, Canaan Corporation, Deepak Kamra and Eric A. Young, the principal business address of the Reporting Persons is 105 Rowayton Avenue, Rowayton, CT 06853. The principal address of Canaan Capital Offshore and Canaan Corporation is c/o ABN Trustcompany, Pietermaai 15, Curacao, the Netherlands Antilles. The principal business address of Deepak Kamra and Eric A. Young is 2884 Sand Hill Road, Suite 115, Menlo Park, CA 94025. Item 2(c). Citizenship ----------- Each of Canaan Capital, Canaan Capital Management and Canaan Partners is a limited partnership organized under the laws of Delaware. Canaan Capital Offshore is a limited partnership and Canaan Corporation is a corporation, each organized under the laws of the Netherlands Antilles. Each of the Partners are citizens of the United States. Page 14 of 22 pages 15 Item 2(d). Title of Class of Securities ---------------------------- This Schedule 13G report relates to the Common Stock, par value $.01 ("Common Stock") of Advance ParadigM, Inc. ("the Company"). Item 2(e). CUSIP Number ------------ CUSIP number 007491103. Item 3. If this statement if filed pursuant to Rules 13d-1(b), or 13d-2(b), ------------------------------------------------------------------- check whether the person filing is a: ------------------------------------- None. Item 4. Ownership --------- Not applicable. The foregoing percentages are based on the 10,264,280 shares of Common Stock reported to be outstanding in the Quarterly Report on Form 10-Q of the Issuer for the quarter ended September 30, 1998. Item 5. Ownership of Five Percent or Less of a Class -------------------------------------------- This statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owners of more than five percent (5%) 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) (J). 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). DATE: February 10, 1999. Page 15 of 22 pages 16 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Canaan Capital Limited Partnership By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ----------------------------- General Partner Canaan Capital Offshore Limited Partnership C. V. By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ----------------------------- General Partner Canaan Capital Management L. P. By: Canaan Capital Partners L.P. Its General Partner By: * ----------------------------- General Partner Canaan Capital Offshore Management, N.V. By: * ----------------------------- Director Canaan Capital Partners L.P. By: * ----------------------------- General Partner Page 16 of 22 pages 17 * - --------------------------------- Harry T. Rein * - --------------------------------- James J. Fitzpatrick * - --------------------------------- Stephen L. Green * - --------------------------------- Deepak Kamra * - --------------------------------- Gregory Kopchinsky * - --------------------------------- Robert J. Migliorino * - --------------------------------- Eric A. Young *By: /s/ Guy M. Russo ---------------------- Guy M. Russo Attorney-in-Fact - -------------------------------------------------------------------------------- This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a copy of which is filed herewith as Exhibit 2. Page 17 of 22 pages EX-99.1 2 JOINT FILING AGREEMENT 1 Exhibit 1 --------- JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(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 Advance ParadigM, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. Canaan Capital Limited Partnership By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ----------------------------- General Partner Canaan Capital Offshore Limited Partnership C. V. By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ----------------------------- General Partner Canaan Capital Management L. P. By: Canaan Capital Partners L.P. Its General Partner By: * ----------------------------- General Partner Canaan Capital Offshore Management, N.V. By: * ----------------------------- Director Canaan Capital Partners L.P. By: * ----------------------------- General Partner Page 18 of 22 pages 2 * - --------------------------------- Harry T. Rein * - --------------------------------- James J. Fitzpatrick * - --------------------------------- Stephen L. Green * - --------------------------------- Deepak Kamra * - --------------------------------- Gregory Kopchinsky * - --------------------------------- Robert J. Migliorino * - --------------------------------- Eric A. Young *By: /s/ Guy M. Russo ---------------------- Guy M. Russo Attorney-in-Fact - -------------------------------------------------------------------------------- This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a copy of which is filed herewith as Exhibit 2. Page 19 of 22 pages EX-99.2 3 POWER OF ATTORNEY 1 Exhibit 2 --------- POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Guy M. Russo his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities (until revoked in writing) to sign any and all instruments, certificates and documents required to be executed on behalf of himself as an individual or in his capacity as a general partner or authorized signatory, as the case may be, on behalf of any of Canaan Capital Limited Partnership; Canaan Capital Offshore Limited Partnership C.V.; Canaan Capital Offshore Management, N.V.; Canaan Capital Management L.P. or Canaan Capital Partners, L.P. pursuant to the Securities Act of 1933, as amended, (the "Securities Act"), or the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Securities Act, the Exchange Act or by the By-laws of the National Association of Securities Dealers, Inc., granting unto said attorney-in-fact and agent full power and authority to do and perform each and very act and thing requisite and necessary fully to all intents and purposes as he might or could do in person thereby, and ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof, or may have done in connection with the matters described above. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Page 20 of 22 pages 2 IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 29th day of January, 1998. CANAAN CAPITAL LIMITED PARTNERSHIP By: Canaan Capital Management, L.P. Its General Partner By: Canaan Capital Partners, L.P. Its General Partner By: /s/ Harry T. Rein ----------------------------- General Partner CANAAN CAPITAL OFFSHORE LIMITED PARTNERSHIP C.V. By: Canaan Capital Management, L.P. Its General Partner By: Canaan Capital Partners, L.P. Its General Partner By: /s/ Harry T. Rein ----------------------------- General Partner CANAAN CAPITAL OFFSHORE MANAGEMENT, N.V. By: /s/ Harry T. Rein ----------------------------- Director CANAAN CAPITAL MANAGEMENT, L.P. By: Canaan Capital Partners, L.P. Its General Partner By: /s/ Harry T. Rein ----------------------------- General Partner CANAAN CAPITAL PARTNERS, L.P. By: /s/ Harry T. Rein ----------------------------- General Partner Page 21 of 22 pages 3 /s/ Harry T. Rein - --------------------------------- Harry T. Rein /s/ James J. Fitzpatrick - --------------------------------- James J. Fitzpatrick /s/ Stephen L. Green - --------------------------------- Stephen L. Green /s/ Deepak Kamra - --------------------------------- Deepak Kamra /s/ Gregory Kopchinsky - --------------------------------- Gregory Kopchinsky /s/ Robert J. Migliorino - --------------------------------- Robert J. Migliorino /s/ Eric A. Young - --------------------------------- Eric A. Young Page 22 of 22 pages -----END PRIVACY-ENHANCED MESSAGE-----