-----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, Cqy3sYat07db+8AX0fEOjt8koewiZkQNTv3A7brXnE0QgXXCPcNw0OalwnahHC/L 20pCdVey+s7Yjp9I64VhcA== 0000950005-97-000252.txt : 19970222 0000950005-97-000252.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950005-97-000252 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARADIGM CORP CENTRAL INDEX KEY: 0001013238 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 943133088 STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46237 FILM NUMBER: 97533747 BUSINESS ADDRESS: STREET 1: 26219 EDEN LANDING RD CITY: HAYWARD STATE: CA ZIP: 94545 BUSINESS PHONE: 5107830100 MAIL ADDRESS: STREET 1: 26219 EDEN LANDING RD CITY: HAYWARD STATE: CA ZIP: 94545 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TECHNOLOGY VENTURE INVESTORS 4 LP CENTRAL INDEX KEY: 0001030970 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 983088804 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2480 SAND HILL RD STREET 2: STE 101 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 4158547472 MAIL ADDRESS: STREET 1: 2480 SAND HILL RD STREET 2: STE 101 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 FORM SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ________)* Aradigm Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 03850510 - -------------------------------------------------------------------------------- (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 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 16 Pages Exhibit Index Contained on Page 15 - ------------------------------ ----------------------------- CUSIP NO. 03850510 13 G Page 2 of 16 Pages - ------------------------------ ----------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Technology Venture Investors - 4, L.P. ("TVI-4") Tax ID Number: 94-3088804 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,081,300 shares, except that BENEFICIALLY TVIM-4, the general partner of OWNED BY EACH TVI-4, and Messrs. Kagle, REPORTING Marquardt, McMurtry, Wilson and PERSON WITH Johnston, the general partners of TVIM-4,may be deemed to have shared power to vote these shares. --------------------------------------------- 6 SHARED VOTING POWER See response to row 5. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,081,300 shares, except that TVIM-4, the general partner of TVI-4, and Messrs. Kagle, Marquardt, McMurtry, Wilson and Johnston, the general partners of TVIM-4, may be deemed to have shared power to dispose of these shares. --------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,081,300 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.59% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ ----------------------------- CUSIP NO. 03850510 13 G Page 3 of 16 Pages - ------------------------------ ----------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS TVI Partners - 4, L.P. ("TVIP-4") Tax ID Number: 94-3084677 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 126,383 shares, except that TVIM-4, BENEFICIALLY the general partner of TVIP-4, and OWNED BY EACH Messrs. Kagle, Marquardt, McMurtry, REPORTING Wilson and Johnston, the general PERSON WITH partners of TVIM-4, may be deemed to have shared power to vote these shares. --------------------------------------------- 6 SHARED VOTING POWER See response to row 5. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 126,383 shares, except that TVIM-4, the general partner of TVIP-4, and Messrs. Kagle, Marquardt, McMurtry, Wilson and Johnston, the general partners of TVIM-4, may be deemed to have shared power to dispose of these shares. --------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 126,383 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.24% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ ----------------------------- CUSIP NO. 03850510 13 G Page 4 of 16 Pages - ------------------------------ ----------------------------- - ----------- -------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS TVI Affiliates - 4, L.P. ("TVIA-4") Tax ID Number: 94-3154357 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 9,329 shares, except that TVIM-4, BENEFICIALLY the general partner of TVIA-4, and OWNED BY EACH Messrs. Kagle, Marquardt, McMurtry, REPORTING Wilson and Johnston, the general PERSON WITH partners of TVIM-4, may be deemed to have shared power to vote these shares. --------------------------------------------- 6 SHARED VOTING POWER See response to row 5. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 9,329 shares, except that TVIM-4, the general partner of TVIA-4, and Messrs. Kagle, Marquardt, McMurtry, Wilson and Johnston, the general partners of TVIM-4, may be deemed to have shared power to dispose of these shares. --------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,329 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.09% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ ----------------------------- CUSIP NO. 03850510 13 G Page 5 of 16 Pages - ------------------------------ ----------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS TVI Management - 4, L.P. ("TVIM-4") Tax ID Number: 94-3088676 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware limited partnership - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares. BENEFICIALLY --------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING 1,217,012 shares, of which PERSON WITH 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. TVIM-4 is the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to vote such shares. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares. --------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,217,012 shares, of which 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. TVIM-4 is the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to dispose of such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,217,012 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 03850510 13 G Page 6 of 16 Pages - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Robert C. Kagle ("Kagle") Tax ID Number: ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares BENEFICIALLY --------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING 1,217,012 shares, of which PERSON WITH 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Kagle is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to vote such shares. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares --------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,217,012 shares, of which 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Kagle is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to dispose of such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,217,012 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 03850510 13 G Page 7 of 16 Pages - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS David F. Marquardt ("Marquardt") Tax ID Number: ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares BENEFICIALLY --------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING WITH 1,217,012 shares, of which PERSON 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Marquardt is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to vote such shares. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares --------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,217,012 shares, of which 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Marquardt is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to dispose of such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,217,012 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ ----------------------------- CUSIP NO. 03850510 13 G Page 8 of 16 Pages - ------------------------------ ----------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Burton J. McMurtry ("McMurtry") Tax ID Number: ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares BENEFICIALLY --------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING WITH 1,217,012 shares, of which PERSON 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. McMurtry is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to vote such shares. --------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares --------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,217,012 shares, of which 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. McMurtry is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to dispose of such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,217,012 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 03850510 13 G Page 9 of 16 Pages - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Mark G. Wilson ("Wilson") Tax ID Number: ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares BENEFICIALLY ------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING 1,217,012 shares, of which PERSON WITH 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Wilson is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to vote such shares. ------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,217,012 shares, of which 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Wilson is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to dispose of such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,217,012 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------ --------------------------- CUSIP NO. 03850510 13 G Page 10 of 16 Pages - ------------------------------ --------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS John R. Johnston ("Johnston") Tax ID Number: ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares BENEFICIALLY ------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING 1,217,012 shares, of which PERSON WITH 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Johnston is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to vote such shares. ------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,217,012 shares, of which 1,081,300 shares are directly owned by TVI-4, 126,383 shares are directly owned by TVIP-4, and 9,329 shares are directly owned by TVIA-4. Johnston is a general partner of TVIM-4, the general partner of TVI-4, TVIP-4, and TVIA-4, and may be deemed to have shared power to dispose of such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,217,012 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 16 Pages ITEM 1(a). NAME OF ISSUER: --------------- Aradigm Corp. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: ------------------------------------------------ 26219 Eden Landing Road Hayward, CA 94545 ITEM 2(a). NAME OF PERSONS FILING: ----------------------- This Statement is filed by Technology Venture Investors-4, L.P., a Delaware limited partnership ("TVI-4"), TVI Partners-4, L.P., a Delaware limited partnership ("TVIP-4"), TVI Affiliates-4, L.P., a Delaware limited partnership ("TVIA-4"), TVI Management-4, L.P., a Delaware limited partnership ("TVIM-4"), Robert C. Kagle ("Kagle"), David F. Marquardt ("Marquardt"), Burton J. McMurtry ("McMurtry"), Mark G. Wilson ("Wilson") and John R. Johnston ("Johnston"). The foregoing entities and individuals are collectively referred to as the "Reporting Persons." TVIM-4 is the general partner of TVI-4, TVIP-4 and TVIA-4, and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by TVI-4, TVIP-4 and TVIA-4. Kagle, Marquardt, McMurtry, Wilson and Johnston are the general partners of TVIM-4, and may be deemed to have shared power to vote and shared power to dispose of the shares of issuer directly owned by TVI-4, TVIP-4 and TVIA-4. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE: ------------------------------------------------------------- The address of the principal business office for each of the Reporting Persons is: Technology Venture Investors 2480 Sand Hill Road Suite 101 Menlo Park, CA 94025 ITEM 2(c) CITIZENSHIP: ------------ TVI-4, TVIM-4, TVIP-4 and TVIA-4 are Delaware limited partnerships, and Kagle, Marquardt, McMurtry, Wilson and Johnston are United States citizens. Page 12 of 16 Pages ITEM 2(d). TITLE OF CLASS OF SECURITIES: ----------------------------- Common Stock ITEM 2(e). CUSIP NUMBER: ------------- CUSIP # 03850510 ITEM 3. Not Applicable -------------- ITEM 4. OWNERSHIP: ---------- The following information with respect to the ownership of Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 1996: (a) Amount beneficially owned: -------------------------- See Row 9 of cover page for each Reporting Person. (b) Percent of Class: ----------------- See Row 11 of cover page for each Reporting Person. (c) Number of shares as to which such person has: --------------------------------------------- (i) Sole power to vote or to direct -------------------------------- the vote: --------- See Row 5 of cover page for each Reporting Person. (ii) Shared power to vote or to -------------------------------- direct the vote: ---------------- See Row 6 of cover page for each Reporting Person. (iii) Sole power to dispose or to -------------------------------- direct the disposition of: -------------------------- See Row 7 of cover page for each Reporting Person. (iv) Shared power to dispose or to -------------------------------- direct the disposition of: -------------------------- See Row 8 of cover page for each Reporting Person. Page 13 of 16 Pages 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: --------------- Under certain circumstances set forth in the limited partnership agreements of TVI-4, TVIP-4, TVIA-4 and TVIM-4, the general and limited partners of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH -------------------------------------------------------------- ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING -------------------------------------------------------------- COMPANY: -------- Not applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: ---------------------------------------------------------- Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: ------------------------------- Not applicable ITEM 10. CERTIFICATION: -------------- Not applicable Page 14 of 16 Pages SIGNATURES ---------- 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, 1997 /s/ Mark G. Wilson ---------------------------------------- Mark G. Wilson, on behalf of TVI-4, in his capacity as a general partner of TVIM-4, the general partner of TVI-4, on behalf of TVIP-4, in his capacity as a general partner of TVIM-4, which is the general partner of TVIP-4, on behalf of TVIA-4, in his capacity as a general partner of TVIM-4, which is the general partner of TVIA-4, and on behalf of TVIM-4, in his capacity as a general partner thereof. /s/ Robert C. Kagle /s/ Mark G. Wilson - ----------------------------------- ----------------------------------- ROBERT C. KAGLE MARK G. WILSON /s/ David F. Marquardt /s/ John R. Johnston - ----------------------------------- ----------------------------------- DAVID F. MARQUARDT JOHN R. JOHNSTON /s/ Burton J. McMurtry - ----------------------------------- BURTON J. MCMURTRY Page 15 of 16 Pages EXHIBIT INDEX ------------- Found on Sequentially Exhibit Numbered Page - ------- ------------- Exhibit A: Agreement of Joint Filing Page 16 Page 16 of 16 Pages EXHIBIT A --------- Agreement of Joint Filing ------------------------- The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of the Aradigm Corp. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G. Date: February 12, 1997 /s/ Mark G. Wilson ---------------------------------------- Mark G. Wilson, on behalf of TVI-4, in his capacity as a general partner of TVIM-4, the general partner of TVI-4, on behalf of TVIP-4, in his capacity as a general partner of TVIM-4, the general partner of TVIP-4, on behalf of TVIA-4, in his capacity as a general partner of TVIM-4, the general partner of TVIA-4, and on behalf of TVIM-4, in his capacity as a general partner thereof. /s/ Robert C. Kagle /s/ Mark G. Wilson - ----------------------------------- ----------------------------------- ROBERT C. KAGLE MARK G. WILSON /s/ David F. Marquardt /s/ John R. Johnston - ----------------------------------- ----------------------------------- DAVID F. MARQUARDT JOHN R. JOHNSTON /s/ Burton J. McMurtry - ----------------------------------- BURTON J. MCMURTRY -----END PRIVACY-ENHANCED MESSAGE-----