-----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, BT3g5zNcIu6yPNsXqvmm/49tEKw+aQDYB9XFUAqQd6S5eSEBw6lWym2U48zz58N8 3Zp1yO1P9GAuHAPhkc/T/Q== 0001047469-04-004606.txt : 20040217 0001047469-04-004606.hdr.sgml : 20040216 20040217063524 ACCESSION NUMBER: 0001047469-04-004606 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040217 GROUP MEMBERS: BARCLAY A. PHILLIPS GROUP MEMBERS: D. THEODORE BERGHORST GROUP MEMBERS: DEBORAH BERGHORST TTEE FBO BERGHORST 1998 DYNASTIC TRUISR GROUP MEMBERS: DOUGLAS B. REED GROUP MEMBERS: MARK D. FLOWER GROUP MEMBERS: VECTOR FUND MANAGEMENT II, L.L.C. GROUP MEMBERS: VECTOR LATER-STAGE EQUITY FUND II (QP) L.P. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VECTOR LATER STAGE EQUITY FUND II LP CENTRAL INDEX KEY: 0001134928 IRS NUMBER: 364180963 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1751 LAKE COOK RD STREET 2: STE 350 CITY: DEERFIELD STATE: IL ZIP: 60015 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: POZEN INC /NC CENTRAL INDEX KEY: 0001059790 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 621657552 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-59871 FILM NUMBER: 04602232 BUSINESS ADDRESS: STREET 1: 6330 QUADRANGLE DR STREET 2: SUITE 240 CITY: CHAPEL HILL STATE: NC ZIP: 27514 BUSINESS PHONE: 9194900012 MAIL ADDRESS: STREET 1: 6330 QUADRANGLE DR STREET 2: SUITE 240 CITY: CHAPEL HILL STATE: NC ZIP: 27514 SC 13G/A 1 a2128860zsc13ga.txt SC 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------- SCHEDULE 13G (Amendment No. 3)* Pozen, Inc. -------------------------------------------------------- (Name of Issuer) Common Stock, $0.001 Par Value -------------------------------------------------------- (Title of Class of Securities) 73941U102 -------------------------------------------------------- (CUSIP Number) December 31, 2003 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this statement 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 disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 15 Pages CUSIP No. 73941U102 13G Page 2 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Vector Later-Stage Equity Fund II, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------- ------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER -0- SHARES ------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 446,351 (See Item 4) EACH ------- ------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON -0- ------- ------------------------------- WITH 8 SHARED DISPOSITIVE POWER 446,351 (See Item 4) ------- ------------------------------- - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 446,351 (See Item 4) - ---------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - ---------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% - ---------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN ========== ==================================================================== CUSIP No. 73941U102 13G Page 3 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Vector Later-Stage Equity Fund II (QP), L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,339,054 (See Item 4) -------- ------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- -------- ------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH 1,339,054 (See Item 4) - ---------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,339,054 (See Item 4) - ---------- ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - ---------- ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.7% - ---------- ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN ========== =================================================================== CUSIP No. 73941U102 13G Page 4 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Vector Fund Management II, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES -0- -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,785,405 (See Item 4) EACH -------- ------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING -0- PERSON -------- ------------------------------ 8 SHARED DISPOSITIVE POWER WITH 1,785,405 (See Item 4) - --------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,785,405 (See Item 4) - --------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - --------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% - --------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN ========= ==================================================================== CUSIP No. 73941U102 13G Page 5 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Mark D. Flower S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,000 -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 (See Item 4) EACH -------- ------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 1,000 PERSON -------- ------------------------------ 8 SHARED DISPOSITIVE POWER WITH 0 (See Item 4) - --------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,000 (See Item 4) - --------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - --------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - --------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ========= ==================================================================== CUSIP No. 73941U102 13G Page 6 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON D. Theodore Berghorst S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 50,000 -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,835,405 (See Item 4) EACH -------- ------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 50,000 PERSON -------- ------------------------------ 8 SHARED DISPOSITIVE POWER WITH 1,835,405 (See Item 4) - --------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,885,405 (See Item 4) - --------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - --------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6% - --------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ========= ==================================================================== CUSIP No. 73941U102 13G Page 7 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Deborah Berghorst TTEE FBO Berghorst 1998 Dynastic Trust S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 50,000 -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 (See Item 4) EACH -------- ------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 50,000 PERSON -------- ------------------------------ 8 SHARED DISPOSITIVE POWER WITH 0 (See Item 4) - --------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000 (See Item 4) - --------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - --------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - --------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO ========= ==================================================================== CUSIP No. 73941U102 13G Page 8 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Barclay A. Phillips S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 2,700 -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,785,405 (See Item 4) EACH -------- ------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 2,700 PERSON -------- ------------------------------ 8 SHARED DISPOSITIVE POWER WITH 1,785,405 (See Item 4) - --------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,788,105 (See Item 4) - --------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - --------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% - --------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ========= ==================================================================== CUSIP No. 73941U102 13G Page 9 of 15 Pages =========== =================================================================== 1 NAME OF REPORTING PERSON Douglas B. Reed S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/ (b) / / - ----------- ------------------------------------------------------------------- 3 SEC USE ONLY - ----------- ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------- -------- ------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 23,000 -------- ------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 1,785,405 (See Item 4) EACH -------- ------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 23,000 PERSON -------- ------------------------------ 8 SHARED DISPOSITIVE POWER WITH 1,785,405 (See Item 4) - --------- -------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,808,405 (See Item 4) - --------- -------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - --------- -------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% - --------- -------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ========= ==================================================================== CUSIP No. 73941U102 13G Page 10 of 15 Pages ITEM 1(a) NAME OF ISSUER: Pozen, Inc. ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 6330 Quandrangle Drive, Ste. 240 Chapel Hill, NC 27514 ITEM 2(a) NAME OF PERSON FILING: This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13-d(1)(k) promulgated by the Securities and Exchange Commission pursuant to Section 13 of the Securities and Exchange Act of 1934, as amended (the "Act"): (1) Vector Later-Stage Equity Fund II, L.P. ("VLSEF"); (2) Vector Later-Stage Equity Fund II (QP), L.P. ("VLSEF QP"); (3) Vector Fund Management II, L.L.C. ("VFM"); (4) Mark D. Flower; (5) D. Theodore Berghorst; (6) Deborah Berghorst TTEE FBO Berghorst 1998 Dynastic Trust ("Trust"); (7) Barclay A. Phillips; and (8) Douglas A. Reed. Each of the foregoing is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as EXHIBIT A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. The Reporting Persons may be deemed to constitute a "group" for purposes of Section 13(d)(3) of the Act. The Reporting Persons expressly disclaim that they have agreed to act as a group other than as described in this Schedule 13G. ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of the Reporting Persons is 1751 Lake Cook Road, Suite 350, Deerfield, Illinois 60015. ITEM 2(c) CITIZENSHIP: VLSEF, VLSEF QP, VFM and the Trust are all Reporting Persons organized under the laws of the State of Delaware. Mark D. Flower, D. Theodore Berghorst, Barclay A. Phillips and Douglas A. Reed are all reporting persons who are citizens of the United States of America. ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.001 per share CUSIP No. 73941U102 13G Page 11 of 15 Pages ITEM 2(E) CUSIP NUMBER: 73941U102 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: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act of 1940 (e) [ ] Investment Adviser in accordance with Section 240.13d-1(b)(1)(ii)(E) (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with Section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G) (h) [ ] Savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (j) [ ] Group, in accordance with Section 230.13d-1(b)(1)(ii)(J) This Schedule is not being filed pursuant to Rule 13d-1(b) or Rule 13d-2(b) or (c) and therefore, none of the above are applicable. ITEM 4 OWNERSHIP: Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act, the beneficial owner of any securities covered by this statement. All ownership percentages of the securities reported herein are based upon 28,486,655 shares of Common Stock outstanding as of October 15, 2003, as disclosed in the Company's Quarterly Report filed on Form 10-Q with the Securities and Exchange Commission on November 6, 2003, for the fiscal quarter ended September 30, 2003. VLSEF ------ (a) Amount beneficially owned: VLSEF is the direct owner of 446,351 shares of the Common Stock of the Company. CUSIP No. 73941U102 13G Page 12 of 15 Pages (b) Percent of class: 1.6% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: 446,351 (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: 446,351 VLSEF QP -------- (a) Amount beneficially owned: VLSEF QP is the direct owner of 1,339,054 shares of Common Stock of the Company. (b) Percent of class: 4.7% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: 1,339,054 (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: 1,339,054 VFM ---- (a) Amount beneficially owned: Dispositive and voting power of securities over which VLSEF and VLSEF QP have voting and dispositive power is shared by VFM, the general partner of VLSEF and VLSEF QP, by a committee of limited partners of VLSEF and VLSEF QP. For purposes of Rule 13d-3 of the Act, VFM may be deemed to have shared voting and dispositive power with respect to the 1,785,405 shares of Common Stock over which VLSEF and VLSEF QP have voting and dispositive power. (b) Percent of class: 6.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: -0- (ii) shared power to vote or to direct the vote: 1,785,405 (iii) sole power to dispose or to direct the disposition of: -0- (iv) shared power to dispose or to direct the disposition of: 1,785,405 MARK D. FLOWER -------------- (a) Amount beneficially owned: Mark D. Flower is a direct beneficial owner of and has sole dispositive and voting power over 1,000 shares of Common Stock. Mark D. Flower disclaims beneficial ownership of any other securities covered by this statement. (b) Percent of class: 0.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,000 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 1,000 (iv) shared power to dispose or to direct the disposition of: 0 D. THEODORE BERGHORST --------------------- (a) Amount beneficially owned: D. Theordore Berghorst is a direct beneficial owner of and has sole dispositive and voting power over 50,000 shares of Common Stock. Also, by virtue of D. Theordore Berghorst being an officer and director of VFM (the general parent of VLSEF and VLSEF QP) for purposes of Rule 13d-3 of the Act, he may be deemed to be a beneficial owner of the 1,785,405 shares of Common Stock beneficially owned by VLSEF, VLSEF QP and VFM. As financial advisor for the Berghorst 1998 Dynastic Trust ("the Trust"), for purposes of Rule 13d-3 of the Act, he may also be deemed to be a beneficial owner of the 50,000 shares of common stock owned by the Trust. D. Theodore Berghorst disclaims beneficial ownership of any other securities covered by this statement. (b) Percent of class: 6.6% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 50,000 (ii) shared power to vote or to direct the vote: 1,835,405 (iii) sole power to dispose or to direct the disposition of: 50,000 (iv) shared power to dispose or to direct the disposition of: 1,835,405 CUSIP No. 73941U102 13G Page 13 of 15 Pages DEBORAH BERGHORST TTEE FBO BERGHORST 1998 DYNASTIC TRUST ("the Trust") ----------------------------------------------- (a) Amount beneficially owned: The Trust is a direct beneficial owner of and has sole dispositive and voting power over 50,000 shares of Common Stock. The Trust disclaims beneficial ownership of any other securities covered by this statement. (b) Percent of class: 0.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 50,000 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 50,000 (iv) shared power to dispose or to direct the disposition of: 0 BARCLAY A. PHILLIPS ------------------- (a) Amount beneficially owned: Barclay A. Phillips is a direct beneficial owner of and has sole dispositive and voting power over 2,700 shares of Common Stock. Barclay A. Phillips being a director of VFM (the general partner of VLSEF and VLSEF QP), for purposes of Rule 13d-3 of the Act, he may be a beneficial owner of the 1,785,405 shares of Common Stock beneficially owned by VLSEF, VLSEF QP and VFM. Barclay A. Phillips disclaims beneficial ownership of any other securities covered by this statement. (b) Percent of class: 6.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 2,700 (ii) shared power to vote or to direct the vote: 1,785,405 (iii) sole power to dispose or to direct the disposition of: 2,700 (iv) shared power to dispose or to direct the disposition of: 1,785,405 DOUGLAS REED ------------ (a) Amount beneficially owned: Douglas Reed is a direct beneficial owner of and has sole dispositive and voting power over 23,000 shares of Common Stock. Also, by virtue of Douglas Reed being a director of VFM (the general partner of VLSEF and VLSEF QP), for purposes of Rule 13d-3 of the Act, he may be a beneficial owner of the 1,785,405 shares of Common Stock beneficially owned by VLSEF, VLSEF QP and VFM. Douglas Reed disclaims beneficial ownership of any other securities covered by this statement. (b) Percent of class: 6.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 23,000 (ii) shared power to vote or to direct the vote: 1,785,405 (iii) sole power to dispose or to direct the disposition of: 25,000 (iv) shared power to dispose or to direct the disposition of: 1,785,405 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 BY ANOTHER PERSON See response to Item 4. CUSIP No. 73941U102 13G Page 14 of 15 Pages 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 CERTIFICATIONS: Not applicable. CUSIP No. 73941U102 13G Page 15 of 15 Pages SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: February 12, 2003 VECTOR LATER-STAGE EQUITY FUND II, L.P. By: Vector Fund Management II, L.L.C. Its: General Partner By: Vector Asset Management, Inc. Its: Managing Member By: /s/ Mark Flower ------------------------------------ Mark Flower, Chief Financial Officer VECTOR LATER-STAGE EQUITY FUND II (QP), L.P. By: Vector Fund Management II, L.L.C. Its: General Partner By: Vector Asset Management, Inc. Its: Managing Member By: /s/ Mark Flower ------------------------------------ Mark Flower, Chief Financial Officer VECTOR FUND MANAGEMENT II, L.L.C. By: Vector Asset Management, Inc. Its: Managing Member By: /s/ Mark Flower ------------------------------------ Mark Flower, Chief Financial Officer /s/ Mark D. Flower --------------------------------------------- Mark D. Flower /s/ D. Theodore Berghorst --------------------------------------------- D. Theodore Berghorst Deborah Berghorst TTEE FBO Berghorst 1998 Dynastic Trust By: /s/ D. Theodore Berghorst ----------------------------------------- D. Theodore Berghorst, Financial Advisor /s/ Barclay A. Phillips --------------------------------------------- Barclay A. Phillips /s/ Douglas B. Reed --------------------------------------------- Douglas B. Reed EX-99.(A) 3 a2128860zex-99_a.txt EXHIBIT 99(A) EXHIBIT A [ADDITIONAL SIGNATURE PAGE TO JOINT FILING AGREEMENT] AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G The undersigned hereby agree as follows: (1) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (2) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: February 12, 2003 VECTOR LATER-STAGE EQUITY FUND II, L.P. By: Vector Fund Management II, L.L.C. Its: General Partner By: Vector Asset Management, Inc. Its: Managing Member By: /s/ Mark Flower ------------------------------------ Mark Flower, Chief Financial Officer VECTOR LATER-STAGE EQUITY FUND II (QP), L.P. By: Vector Fund Management II, L.L.C. Its: General Partner By: Vector Asset Management, Inc. Its: Managing Member By: /s/ Mark Flower ------------------------------------ Mark Flower, Chief Financial Officer VECTOR FUND MANAGEMENT II, L.L.C. By: Vector Asset Management, Inc. Its: Managing Member By: /s/ Mark Flower ------------------------------------ Mark Flower, Chief Financial Officer /s/ Mark D. Flower --------------------------------------------- Mark D. Flower /s/ D. Theodore Berghorst --------------------------------------------- D. Theodore Berghorst Deborah Berghorst TTEE FBO Berghorst 1998 Dynastic Trust By: /s/ D. Theodore Berghorst ----------------------------------------- D. Theodore Berghorst, Financial Advisor /s/ Barclay A. Phillips --------------------------------------------- Barclay A. Phillips /s/ Douglas B. Reed --------------------------------------------- Douglas B. Reed -----END PRIVACY-ENHANCED MESSAGE-----