-----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, Ag1/dEandKsefRFve7LRwQXDZg1Q0wTGrAXH7E11QA0MhOBqicEAYqMEFP9VtH9c qV1tI8ZSRiWa00J0R8Zrew== 0000909143-00-000057.txt : 20000215 0000909143-00-000057.hdr.sgml : 20000215 ACCESSION NUMBER: 0000909143-00-000057 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 GROUP MEMBERS: ALAN E. SALZMAN GROUP MEMBERS: JAMES MARVER GROUP MEMBERS: VANTAGEPOINT VENTURE ASSOCIATES, L.L.C. GROUP MEMBERS: VANTAGEPOINT VENTURE PARTNERS III Q L P GROUP MEMBERS: VANTAGEPOINT VENTURE PARTNERS III(Q), L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ASD SYSTEMS INC CENTRAL INDEX KEY: 0001080029 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 752737041 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-58361 FILM NUMBER: 542572 BUSINESS ADDRESS: STREET 1: 3737 GRADER ST STREET 2: STE 110 CITY: GARLAND STATE: TX ZIP: 75041 BUSINESS PHONE: 2143487200 MAIL ADDRESS: STREET 1: 3737 GRADER STREET SUITE 110 CITY: GARLAND STATE: TX ZIP: 75041 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANTAGEPOINT VENTURE PARTNERS III Q L P CENTRAL INDEX KEY: 0001088844 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1001 BAYHILL DR STREET 2: STE 100 CITY: SAN BRUNO STATE: CA ZIP: 94066 BUSINESS PHONE: 6508663100 MAIL ADDRESS: STREET 1: 1001 BAYHILL DR STREET 2: STE 100 CITY: SAN BRUNO STATE: CA ZIP: 94066 SC 13G 1 CUSIP NO. 00207W 10 0 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _______)* ASD SYSTEMS, INC. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 00207W 10 0 (CUSIP Number) December 31, 1999 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] 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). CUSIP NO. 002072 10 0 13G (1) Name of Reporting Person VantagePoint Venture Partners III (Q),L.P. I.R.S. Identification No. of Above Person (entities only) - ----------------------------------------------------------------- (2) Check the Appropriate Box if a (a) [ ] Member of a Group* (b) [X] - ----------------------------------------------------------------- (3) SEC Use Only - ----------------------------------------------------------------- (4) Citizenship Delaware - ----------------------------------------------------------------- Number of Shares Beneficially Owned by Each Reporting Person With: (5) Sole Voting Power 3,231,600 - ----------------------------------------------------------------- (6) Shared Voting Power 0 - ----------------------------------------------------------------- (7) Sole Dispositive Power 3,231,600 - ----------------------------------------------------------------- (8) Shared Dispositive Power 0 - ----------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned 3,231,600 by Each Reporting Person - ----------------------------------------------------------------- (10) Check if the Aggregate Amount in [ ] Row (9) Excludes Certain Shares* - ----------------------------------------------------------------- (11) Percent of Class Represented by 15.3% Amount in Row (9) - ----------------------------------------------------------------- (12) Type of Reporting Person* PN - ----------------------------------------------------------------- * SEE INSTRUCTIONS CUSIP NO. 002072 10 0 13G (1) Name of Reporting Person VantagePoint Venture Associates III, L.L.C. I.R.S. Identification No. of Above Person (entities only) - ----------------------------------------------------------------- (2) Check the Appropriate Box if a (a) [ ] Member of a Group* (b) [X] - ----------------------------------------------------------------- (3) SEC Use Only - ----------------------------------------------------------------- (4) Citizenship Delaware - ----------------------------------------------------------------- Number of Shares Beneficially Owned by Each Reporting Person With: (5) Sole Voting Power 0 - ----------------------------------------------------------------- (6) Shared Voting Power 3,231,600** - ----------------------------------------------------------------- (7) Sole Dispositive Power 0 - ----------------------------------------------------------------- (8) Shared Dispositive Power 3,231,600** - ----------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned 3,231,600** by Each Reporting Person - ----------------------------------------------------------------- (10) Check if the Aggregate Amount in [ ] Row (9) Excludes Certain Shares* - ----------------------------------------------------------------- (11) Percent of Class Represented by 15.3% Amount in Row (9) - ----------------------------------------------------------------- (12) Type of Reporting Person* OO - ----------------------------------------------------------------- * SEE INSTRUCTIONS ** Pursuant to Rule 13d-4, the Reporting Person disclaims beneficial ownership of the shares of common stock reflected herein and, as such, declares that this statement shall not be construed as an admission that such person is the beneficial owner of any securities covered hereby. CUSIP NO. 002072 10 0 13G (1) Name of Reporting Person James Marver I.R.S. Identification No. of Above Person (entities only) - ----------------------------------------------------------------- (2) Check the Appropriate Box if a (a) [ ] Member of a Group* (b) [X] - ----------------------------------------------------------------- (3) SEC Use Only - ----------------------------------------------------------------- (4) Citizenship United States - ----------------------------------------------------------------- Number of Shares Beneficially Owned by Each Reporting Person With: (5) Sole Voting Power 0 - ----------------------------------------------------------------- (6) Shared Voting Power 4,847,400** - ----------------------------------------------------------------- (7) Sole Dispositive Power 0 - ----------------------------------------------------------------- (8) Shared Dispositive Power 4,847,400** - ----------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned 4,847,400** by Each Reporting Person - ----------------------------------------------------------------- (10) Check if the Aggregate Amount in [ ] Row (9) Excludes Certain Shares* - ----------------------------------------------------------------- (11) Percent of Class Represented by 23.0% Amount in Row (9) - ----------------------------------------------------------------- (12) Type of Reporting Person* IN - ----------------------------------------------------------------- * SEE INSTRUCTIONS ** Pursuant to Rule 13d-4, the Reporting Person disclaims beneficial ownership of the shares of common stock reflected herein and, as such, declares that the statement shall not be construed as an admission that such person is the beneficial owner of any securities covered hereby. CUSIP NO. 002072 10 0 13G (1) Name of Reporting Person Alan E. Salzman I.R.S. Identification No. of Above Person (entities only) - ----------------------------------------------------------------- (2) Check the Appropriate Box if a (a) [ ] Member of a Group* (b) [X] - ----------------------------------------------------------------- (3) SEC Use Only - ----------------------------------------------------------------- (4) Citizenship United States - ----------------------------------------------------------------- Number of Shares Beneficially Owned by Each Reporting Person With: (5) Sole Voting Power 0 - ----------------------------------------------------------------- (6) Shared Voting Power 4,847,400** - ----------------------------------------------------------------- (7) Sole Dispositive Power 0 - ----------------------------------------------------------------- (8) Shared Dispositive Power 4,847,400** - ----------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 4,847,400** - ----------------------------------------------------------------- (10) Check if the Aggregate Amount in [ ] Row (9) Excludes Certain Shares* - ----------------------------------------------------------------- (11) Percent of Class Represented by 23.0% Amount in Row (9) - ----------------------------------------------------------------- (12) Type of Reporting Person* IN - ----------------------------------------------------------------- * SEE INSTRUCTIONS ** Pursuant to Rule 13d-4, the Reporting Person disclaims beneficial ownership of the shares of common stock reflected herein and, as such, declares that the statement shall not be construed as an admission that such person is the beneficial owner of any securities covered hereby. CUSIP NO. 002072 10 0 13G Item 1(a). Name of issuer: ASD Systems, Inc. (the "Issuer") Item 1(b). Address of Issuer's principal executive offices: 3737 Grader Street, Suite 110, Garland, Texas 75041 Item 2(a). Name of person filing: VantagePoint Venture Partners III (Q), L.P. is a Delaware limited partnership with VantagePoint Venture Associates III, L.L.C. as its general partner. James Marver and Alan E. Salzman are the managing members of VantagePoint Venture Associates III, L.L.C., a Delaware limited liability company. Item 2(b). Address of principal business office or, if none,residence: The principal business office of each Reporting Person is: 1001 Bayhill Drive, Suite 100, San Bruno, California 94066 Item 2(c). Citizenship: VantagePoint Venture Partners III (Q), L.P. and VantagePoint Venture Associates III, L.L.C. are Delaware citizens. James Marver and Alan E. Salzman are both United States citizens. Item 2(d). Title of class of securities: Common Stock, $0.0001 par value per share, of the Issuer. Item 2(e). CUSIP No.: 00207W 10 0 CUSIP NO. 002072 10 0 13G Item 3. If this statement is filed pursuant to Sections 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 (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(ii)(G); (h) [ ] A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J) Not applicable. Item 4. Ownership: As of the close of business on December 31, 1999, the Reporting Persons (other than Alan E. Salzman and James Marver) may be deemed to beneficially own, in the aggregate, 3,231,600 shares of Common Stock of the Issuer, representing approximately 15.3 % of the Issuer's outstanding shares of Common Stock (based upon the 21,097,400 shares of Common Stock reported by the Issuer to be issued and outstanding as of December 31, 1999). Messrs. Salzman and Marver may be deemed to beneficially own, in the aggregate, CUSIP NO. 002072 10 0 13G 4,847,400 shares of Common Stock of the Issuer, representing approximately 23.0% of the Issuer's outstanding shares of Common Stock on this same basis. VantagePoint Venture Partners III (Q), L.P. ------------------------------------------- (a) Amount beneficially owned: 3,231,600 (b) Percent of class: 15.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 3,231,600 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 3,231,600 (iv) shared power to dispose or to direct the disposition of: 0 VantagePoint Venture Associates III, L.L.C. ------------------------------------------- (a) Amount beneficially owned: 3,231,600(FN1) (b) Percent of class: 15.3% (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: 3,231,600 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 3,231,600 Alan E. Salzman --------------- (a) Amount beneficially owned: 4,847,400(FN2) - -------------------- (FN1) Represents shares of the Issuer's Common Stock held directly by VantagePoint Venture Partners III(Q), L.P. of which VantagePoint Venture Associates III, L.L.C. is the general partner. VantagePoint Venture Associates III, L.L.C. disclaims beneficial ownership of such shares. CUSIP NO. 002072 10 0 13G (b) Percent of class: 23.0% (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: 4,847,400 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 4,847,400 James Marver ------------ (a) Amount beneficially owned: 4,847,4001 (b) Percent of class: 23.0% (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: 4,847,400 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 4,847,400 (.. continued) (FN2) Represents 3,231,600 shares of the Issuer's Common Stock held directly by VantagePoint Venture Partners III (Q), L.P. of which VantagePoint Venture Associates III, L.L.C. is the general partner and 1,615,800 shares of the Issuer's Common Stock held directly by VantagePoint Communications Partners, L.P. of which VantagePoint Communications Associates, L.L.C. is the general partner. Mr. Salzman is a managing member of both VantagePoint Venture Associates III, L.L.C. and VantagePoint Communications Associates, L.L.C. Mr. Salzman disclaims beneficial ownership of such shares. (FN3) Represents 3,231,600 shares of the Issuer's Common Stock held directly by VantagePoint Venture Partners III (Q), L.P. of which VantagePoint Venture Associates III, L.L.C. is the general partner and 1,615,800 shares of the issuer's Common Stock held directly by VantagePoint Communications Partners, L.P. of which VantagePoint Communications Associates, L.L.C. is the general partner. Mr. Marver is a managing member of both VantagePoint Venture Associates III, L.L.C. and VantagePoint Communications Associates, L.L.C. Mr. Marver disclaims beneficial ownership of such shares. CUSIP NO. 00207W 10 0 13G Item 5. Ownership of five percent or less of a class: Not Applicable. Item 6. Ownership of more than five percent on behalf of another person: Not Applicable. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person: Not Applicable. Item 8. Identification and classification of members of the group: This statement on Schedule 13G has been filed by a group under Rule 13d-1(d). Attached as Exhibit A is a Joint Filing Statement executed by each member of such group. Item 9. Notice of dissolution of group: Not Applicable. Item 10. Certifications: Not Applicable. [Signature page follows] CUSIP NO. 00207W 10 0 13G SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2000 VantagePoint Venture Partners III (Q), L.P. By: VantagePoint Venture Associates III, L.L.C., its general partner By: /s/ ALAN E. SALZMAN --------------------------------- - - Alan E. Salzman, Managing Member VantagePoint Venture Associates III, L.L.C. By: /s/ ALAN E. SALZMAN -------------------------------- - - Alan E. Salzman, Managing Member /s/ ALAN E. SALZMAN ------------------------------- Alan E. Salzman /s/ JAMES MARVER -------------------------- James Marver ATTENTION: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) CUSIP NO. 00207W 10 0 13G EXHIBIT A JOINT FILING STATEMENT Pursuant to Rule 13d-1(k)(1), we, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us. Dated: February 14, 2000 VantagePoint Venture Partners III (Q), L.P. By: VantagePoint Venture Associates III, L.L.C., its general partner By: /s/ ALAN E. SALZMAN --------------------------------- - - Alan E. Salzman, Managing Member VantagePoint Venture Associates III, L.L.C. By: /s/ ALAN E. SALZMAN -------------------------------- - - Alan E. Salzman, Managing Member /s/ ALAN E. SALZMAN ------------------------------- Alan E. Salzman /s/ JAMES MARVER -------------------------- James Marver -----END PRIVACY-ENHANCED MESSAGE-----