-----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, Td1IhTYZRx+mQlQ7iJ8jhlcgUwtIAszx4dwWrCkLbiFypPInGzTcI0A8QtqwpDRF NF8dHerDhdzr0bLq1iLwAw== 0001072613-04-000323.txt : 20040217 0001072613-04-000323.hdr.sgml : 20040216 20040217145335 ACCESSION NUMBER: 0001072613-04-000323 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040217 GROUP MEMBERS: BRUCE R. EVANS GROUP MEMBERS: E. ROE STAMPS, IV GROUP MEMBERS: GREGORY M. AVIS GROUP MEMBERS: JOSEPH F. TRUSTEY GROUP MEMBERS: KEVIN P. MOHAN GROUP MEMBERS: MARTIN J. MANNION GROUP MEMBERS: PETER Y. CHUNG GROUP MEMBERS: ROBERT V. WALSH GROUP MEMBERS: SCOTT C. COLLINS GROUP MEMBERS: STEPHEN G. WOODSUM GROUP MEMBERS: SUMMIT PARTNERS V, L.P. GROUP MEMBERS: SUMMIT PARTNERS, LLC GROUP MEMBERS: SUMMIT V ADVISORS FUND (QP), L.P. GROUP MEMBERS: SUMMIT V ADVISORS FUND, L.P. GROUP MEMBERS: SUMMIT V COMPANION FUND, L.P. GROUP MEMBERS: SUMMIT VENTURES V, L.P. GROUP MEMBERS: THOMAS F. FARB GROUP MEMBERS: THOMAS S. ROBERTS GROUP MEMBERS: WALTER G. KORTSCHAK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIRENZA MICRODEVICES INC CENTRAL INDEX KEY: 0001103777 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770073042 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60435 FILM NUMBER: 04607633 BUSINESS ADDRESS: STREET 1: 303 S TECHNOLOGY COURT CITY: BROOMFIELD STATE: CO ZIP: 80021 BUSINESS PHONE: 3033273030 MAIL ADDRESS: STREET 1: 303 S TECHNOLOGY COURT CITY: BROOMFIELD STATE: CO ZIP: 80021 FORMER COMPANY: FORMER CONFORMED NAME: STANFORD MICRODEVICES INC DATE OF NAME CHANGE: 20000119 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUMMIT INVESTORS III LP CENTRAL INDEX KEY: 0001032088 IRS NUMBER: 043296772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O SUMMIT PARTNERS STREET 2: 600 ATLANTIC AVE CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6178241000 MAIL ADDRESS: STREET 1: C/O SUMMIT PARTNERS STREET 2: 222BERKELEY ST 18TH FL CITY: BOSTON STATE: MA ZIP: 02116 SC 13G/A 1 mindcti-sch13g_12491c.txt SCHEDULE 13G/A - MIND C.T.I. LTD. ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1 )* Mind C.T.I. Ltd. - -------------------------------------------------------------------------------- (Name of Issuer) Ordinary Shares, NIS 0.01 nominal value - -------------------------------------------------------------------------------- (Title of Class of Securities) M7024010 - -------------------------------------------------------------------------------- (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 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). ================================================================================ Page 1 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 2 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit Ventures V, 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 3 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit V Companion Fund, 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 4 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit Partners V, 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 5 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit Partners, LLC - ------- ------------------------------------------------------------------------ 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 liability company - ------- ------------------------------------------------------------------------ 5 SOLE VOTING POWER 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * CO ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 6 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit V Advisors Fund (QP), 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 7 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit V Advisors Fund, 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 8 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Summit Investors III, 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * PN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 9 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) E. Roe Stamps, IV - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 10 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stephen G. Woodsum - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 11 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Gregory M. Avis - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 12 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Martin J. Mannion - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 13 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Bruce R. Evans - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 14 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Thomas S. Roberts - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 14 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 15 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Walter G. Kortschak - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 15 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 16 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Joseph F. Trustey - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,256,200 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,256,200 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,200 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.07% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 16 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 17 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Kevin P. Mohan - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,237,013 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,237,013 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,237,013 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.98% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 17 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 18 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Peter Y. Chung - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,237,013 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,237,013 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,237,013 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.98% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 18 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 19 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Thomas F. Farb - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 19 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 20 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Robert V. Walsh - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,237,013 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,237,013 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,237,013 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.98% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 20 of 44 pages =================== =================== CUSIP NO. M7024010 13G PAGE 21 OF 44 PAGES =================== =================== ================================================================================ 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Scott C. Collins - ------- ------------------------------------------------------------------------ 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 0 shares NUMBER OF ------- ----------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,237,013 shares EACH ------- ----------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 0 shares ------- ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,237,013 shares - ------- ------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,237,013 shares - ------- ------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES * [_] - ------- ------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.98% - ------- ------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON * IN ================================================================================ *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 21 of 44 pages Schedule 13G ------------ Item 1(a). Name of Issuer: Mind C.T.I. Ltd. -------------- Item 1(b). Address of Issuer's Principal Executive Offices: ----------------------------------------------- Industrial Park, Building 7, Yoqneam 20692, Israel Item 2(a). Names of Persons Filing: ----------------------- Summit Ventures V, L.P., Summit Partners V, L.P., Summit Partners, LLC, Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., Summit V Advisors Fund, L.P., Summit Investors III, L.P. and Messrs. E. Roe Stamps, IV, Stephen G. Woodsum, Gregory M. Avis, Martin J. Mannion, Bruce R. Evans, Thomas S. Roberts, Walter G. Kortschak, Joseph F. Trustey, Kevin P. Mohan, Peter Y. Chung, Thomas F. Farb, Robert V. Walsh and Scott C. Collins. Summit Partners V, L.P. is the sole general partner of each of Summit Ventures V, L.P., Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., and Summit V Advisors Fund, L.P. Summit Partners, LLC is the sole general partner of Summit Partners V, L.P. Messrs. Stamps, Woodsum, Avis, Mannion, Evans, Roberts, Kortschak, Trustey, Mohan, Chung, Walsh and Collins are individual members of Summit Partners, LLC. Messrs. Stamps, Woodsum, Avis, Mannion, Evans, Roberts, Kortschak and Trustey are individual general partners of Summit Investors III, L.P. Item 2(b). Address of Principal Business Office or, if None, Residence: ----------------------------------------------------------- The address of the principal business office of Summit Ventures V, L.P., Summit Partners V, L.P., Summit Partners, LLC, Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., Summit V Advisors Fund, L.P., Summit Investors III, L.P. and Messrs. Stamps, Woodsum, Mannion, Evans, Roberts, Trustey, Mohan, and Walsh is Summit Partners, 222 Berkeley Street, 18th Floor, Boston, Massachusetts 02116. The address of the principal business office of Messrs. Avis, Kortschak and Chung is Summit Partners, 499 Hamilton Avenue, Palo Alto, California 94301. The address of the principal business office of Mr. Collins is Summit Partners Limited, 8 Clifford Street, London W1S 2LQ, United Kingdom. Item 2(c). Citizenship: ----------- Each of Summit Ventures V, L.P., Summit Partners V, L.P., Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., Summit V Advisors Fund, L.P., Summit Investors III, L.P. is a limited partnership organized under the laws of the State of Delaware. Summit Partners, LLC is a limited liability company organized under the laws of the State of Delaware. Each of Messrs. Stamps, Woodsum, Avis, Mannion, Evans, Roberts, Kortschak, Trustey, Mohan, Chung, Farb, Walsh and Collins is a United States citizen. Item 2(d). Title of Class of Securities: ---------------------------- Ordinary Shares, NIS 0.01 nominal value Page 22 of 44 pages Item 2(e). CUSIP Number: M7024010 ------------ Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: ------------------------------------------------------------------ Not Applicable. Item 4. Ownership. --------- (a) Amount Beneficially Owned: Each of Summit Ventures V, L.P., Summit Partners V, L.P., Summit Partners, LLC, Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., Summit V Advisors Fund, L.P., Summit Investors III, L.P. (individually an "Entity" and collectively the "Entities") may be deemed to own beneficially 1,256,200 shares of Common Stock as of December 31, 2003. Each of Messrs. Stamps, Woodsum, Avis, Mannion, Evans, Roberts, Kortschak and Trustey may be deemed to own beneficially 1,256,200 shares of Common Stock as of December 31, 2003. Each of Messrs. Mohan, Chung, Walsh and Collins may be deemed to own beneficially 1,237,013 shares of Common Stock as of December 31, 2003. As of December 31, 2003, Summit Ventures V, L.P. was the record owner of 838,775 shares of Common Stock. As of December 31, 2003, Summit V Companion Fund, L.P. was the record owner of 312,126 shares of Common Stock. As of December 31, 2003, Summit V Advisors Fund (QP), L.P. was the record owner of 65,955 shares of Common Stock. As of December 31, 2003, Summit V Advisors Fund, L.P. was the record owner of 20,157 shares of Common Stock. As of December 31, 2003 Summit Investors III, L.P. was the record owner of 19,187 shares of Common Stock. The shares held of record by Summit Ventures V, L.P., Summit V Companion Fund, L.P., Summit V Advisors Fund (QP), L.P., Summit V Advisors Fund, L.P., and Summit Investors III, L.P. are referred to herein collectively as the "Record Shares." By virtue of the affiliate relationships among the Entities, each Entity may be deemed to own beneficially all of the Record Shares. Hence, each Entity may be deemed to own beneficially 1,256,200 shares of Common Stock. In their capacities as individual members and general partners of Summit Partners, LLC and Summit Investors III, L.P., each of Messrs. Stamps, Woodsum, Avis, Mannion, Evans, Roberts, Kortschak and Trustey may be deemed to own beneficially 1,256,200 shares of Common Stock. In their capacities as individual members of Summit Partners, LLC, each of Messrs. Mohan, Chung, Walsh and Collins may be deemed to own beneficially 1,237,013 shares of Common Stock. Each of the reporting persons expressly disclaims beneficial ownership of any shares of Mind C.T.I. Ltd., except in the case of Summit Ventures V, Page 23 of 44 pages L.P. for the 838,775 shares which it holds of record, Summit V Companion Fund, L.P. for the 312,126 shares which it holds of record, Summit V Advisors Fund (QP), L.P. for the 65,955 shares which it holds of record, Summit V Advisors Fund, L.P. for the 20,157 shares which it holds of record and Summit Investors III, L.P. for the 19,187 shares which it holds of record. (b) Percent of Class: Summit Ventures V, L.P.: 6.07% Summit Partners V, L.P.: 6.07% Summit Partners, LLC: 6.07% Summit V Companion Fund, L.P.: 6.07% Summit V Advisors Fund (QP), L.P.: 6.07% Summit V Advisors Fund, L.P.: 6.07% Summit Investors III, L.P.: 6.07% E. Roe Stamps, IV: 6.07% Stephen G. Woodsum: 6.07% Gregory M. Avis: 6.07% Martin J. Mannion: 6.07% Bruce R. Evans: 6.07% Walter G. Kortschak: 6.07% Thomas S. Roberts: 6.07% Joseph F. Trustey: 6.07% Kevin P. Mohan: 5.98% Peter Y. Chung: 5.98% Robert V. Walsh: 5.98% Scott C. Collins: 5.98% The foregoing percentages are calculated based on the 20,686,220 Ordinary Shares and Non-Voting Ordinary Shares reported to be outstanding on a Form 6-K filed on July 16, 2003. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 shares for each reporting person (ii) shared power to vote or to direct the vote: Summit Ventures V, L.P.: 1,256,200 shares Summit Partners V, L.P.: 1,256,200 shares Summit Partners, LLC: 1,256,200 shares Summit V Companion Fund, L.P.: 1,256,200 shares Summit V Advisors Fund (QP), L.P.: 1,256,200 shares Page 24 of 44 pages Summit V Advisors Fund, L.P.: 1,256,200 shares Summit Investors III, L.P.: 1,256,200 shares E. Roe Stamps, IV: 1,256,200 shares Stephen G. Woodsum: 1,256,200 shares Gregory M. Avis: 1,256,200 shares Martin J. Mannion: 1,256,200 shares Bruce R. Evans: 1,256,200 shares Walter G. Kortschak: 1,256,200 shares Thomas S. Roberts: 1,256,200 shares Joseph F. Trustey: 1,256,200 shares Kevin P. Mohan: 1,237,013 shares Peter Y. Chung: 1,237,013 shares Robert V. Walsh: 1,237,013 shares Scott C. Collins: 1,237,013 shares (iii) sole power to dispose or direct the disposition of: 0 shares for each reporting person (iv) shared power to dispose or direct the disposition of: Summit Ventures V, L.P.: 1,256,200 shares Summit Partners V, L.P.: 1,256,200 shares Summit Partners, LLC: 1,256,200 shares Summit V Companion Fund, L.P.: 1,256,200 shares Summit V Advisors Fund (QP), L.P.: 1,256,200 shares Summit V Advisors Fund, L.P.: 1,256,200 shares Summit Investors III, L.P.: 1,256,200 shares E. Roe Stamps, IV: 1,256,200 shares Stephen G. Woodsum: 1,256,200 shares Gregory M. Avis: 1,256,200 shares Martin J. Mannion: 1,256,200 shares Bruce R. Evans: 1,256,200 shares Walter G. Kortschak: 1,256,200 shares Thomas S. Roberts: 1,256,200 shares Joseph F. Trustey: 1,256,200 shares Kevin P. Mohan: 1,237,013 shares Peter Y. Chung: 1,237,013 shares Robert V. Walsh: 1,237,013 shares Scott C. Collins: 1,237,013 shares Item 5. Ownership of Five Percent or Less of a Class. -------------------------------------------- Thomas F. Farb is no longer a Reporting Person and ceased to own beneficially more than 5% of the outstanding common stock of the Issuer as of December 31, 2003. Page 25 of 44 pages Item 6. Ownership of More than Five Percent on Behalf of Another Person. --------------------------------------------------------------- Not Applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. ------------------------------------------------------------------ Not Applicable. Item 8. Identification and Classification of Members of the Group. --------------------------------------------------------- Not Applicable. The reporting persons expressly disclaim membership in a "group" as used in 13d-1(b)(1)(ii)(J). Item 9. Notice of Dissolution of Group. ------------------------------ Not Applicable. Item 10. Certification. ------------- Not Applicable. This statement on Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c). Page 26 of 44 pages SIGNATURES ---------- After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. We also hereby agree to file this statement jointly pursuant to the Agreement listed on Exhibit 1 hereto. Dated: February 13, 2004. SUMMIT VENTURES V, L.P. SUMMIT V COMPANION FUND, L.P. By: Summit Partners V, L.P. By: Summit Partners V, L.P. By: Summit Partners, LLC By: Summit Partners, LLC By: * By: * --------------------------- ------------------------- General Partner General Partner SUMMIT V ADVISORS FUND (QP), L.P. SUMMIT V ADVISORS FUND, L.P. By: Summit Partners V, L.P. By: Summit Partners V, L.P. By: Summit Partners, LLC By: Summit Partners, LLC By: * By: * --------------------------- ------------------------- General Partner General Partner SUMMIT PARTNERS V, L.P. SUMMIT INVESTORS III, L.P. By: Summit Partners, LLC By: * ------------------------- General Partner By: * --------------------------- General Partner SUMMIT PARTNERS, LLC * ----------------------------- E. Roe Stamps, IV By: * --------------------------- General Partner * * - ------------------------------- ----------------------------- Stephen G. Woodsum Martin J. Mannion * * - ------------------------------- ----------------------------- Gregory M. Avis Bruce R. Evans Page 27 of 44 pages * * - ------------------------------- ----------------------------- Walter G. Kortschak Thomas S. Roberts * * - ------------------------------- ----------------------------- Joseph F. Trustey Kevin P. Mohan * * - ------------------------------- ----------------------------- Peter Y. Chung Robert V. Walsh * - ------------------------------- Scott C. Collins * - ------------------------------- Thomas F. Farb *By: /s/ Stephen G. Woodsum -------------------------- Stephen G. Woodsum Attorney-in-fact - -------------------------------------------------------------------------------- * Pursuant to Powers of Attorney on file with the Commission, which Powers of Attorney are incorporated herein by reference. Copies of such Powers of Attorney are attached hereto as Exhibit 2. --------- Page 28 of 44 pages Exhibit 1 --------- AGREEMENT Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares Mind C.T.I. Ltd. This agreement may be executed in any number of counterparts, each of which shall be deemed an original. EXECUTED this 13th day of February, 2004. SUMMIT VENTURES V, L.P. SUMMIT V COMPANION FUND, L.P. By: Summit Partners V, L.P. By: Summit Partners V, L.P. By: Summit Partners, LLC By: Summit Partners, LLC By: * By: * --------------------------- ------------------------- General Partner General Partner SUMMIT V ADVISORS FUND (QP), L.P. SUMMIT V ADVISORS FUND, L.P. By: Summit Partners V, L.P. By: Summit Partners V, L.P. By: Summit Partners, LLC By: Summit Partners, LLC By: * By: * --------------------------- ------------------------- General Partner General Partner SUMMIT PARTNERS V, L.P. SUMMIT INVESTORS III, L.P. By: Summit Partners, LLC By: * ------------------------- General Partner By: * ------------------------- General Partner SUMMIT PARTNERS, LLC * ----------------------------- E. Roe Stamps, IV By: * ------------------------- General Partner Page 29 of 44 pages * * - ------------------------------- ----------------------------- Stephen G. Woodsum Martin J. Mannion * * - ------------------------------- ----------------------------- Gregory M. Avis Bruce R. Evans * * - ------------------------------- ----------------------------- Walter G. Kortschak Thomas S. Roberts * * - ------------------------------- ----------------------------- Joseph F. Trustey Kevin P. Mohan * * - ------------------------------- ----------------------------- Peter Y. Chung Robert V. Walsh * - ------------------------------- Scott C. Collins * - ------------------------------- Thomas F. Farb *By: /s/ Stephen G. Woodsum ------------------------------ Stephen G. Woodsum Attorney-in-fact - -------------------------------------------------------------------------------- * Pursuant to Powers of Attorney on file with the Commission, which Powers of Attorney are incorporated herein by reference. Copies of such Powers of Attorney are attached hereto as Exhibit 2. --------- Page 30 of 44 pages Exhibit 2 --------- POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each and any of E. Roe Stamps, IV, Stephen G. Woodsum, Gregory M. Avis, Walter G. Kortschak and Thomas F. Farb 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 individually or on behalf of each or any of Summit Ventures, L.P., SP (1984), L.P. (f/k/a Summit Partners, L.P.), Stamps, Woodsum & Co., Summit Partners' Holdings, L.P., Summit Ventures II, L.P., Summit Partners II, L.P., Stamps, Woodsum & Co. II, SV Eurofund C.V., SV International, L.P., Summit Investors, L.P., Summit Investors II, L.P., Summit Investors III, L.P., Summit Ventures III, L.P., Summit Partners III, L.P., Stamps, Woodsum & Co. III, Summit Ventures IV, L.P., Summit Partners IV, L.P., Stamps, Woodsum & Co., IV, Summit Subordinated Debt Fund, L.P., Summit Partners SD, L.P., Summit E-Tek Holdings, LLC, SW Management Corp., Summit Partners, L.P., Summit Master Company, LLC, Summit Subordinated Debt Fund II, L.P., Summit Partners SD II, LLC, Summit Ventures V, L.P., Summit Partners V, L.P., Summit Partners, LLC, Summit V Advisors Fund, L.P., Summit V Advisors Fund (QP), L.P. and Summit V Companion Fund, L.P., pursuant to sections 13 and 16 of 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 Exchange Act or by the By-laws of the National Association of Securities Dealers, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary fully to all intents and purposes as she might or could do in person thereby ratifying and confirming all that said attorney-in-fact and agent, or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof. Page 31 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ E. Roe Stamps, IV ----------------------------------------- E. Roe Stamps, IV Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came E. Roe Stamps, IV, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 32 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Stephen G. Woodsum ----------------------------------------- Stephen G. Woodsum Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Stephen G. Woodsum, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 33 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Martin J. Mannion ----------------------------------------- Martin J. Mannion Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Martin J. Mannion, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 34 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 8th day of February, 2000. /s/ Gregory M. Avis ----------------------------------------- Gregory M. Avis State of California ) ) ss: County of Santa Clara ) On this 8th day of February, 2000, before me personally came Gregory M. Avis, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 35 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Thomas S. Roberts ----------------------------------------- Thomas S. Roberts Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Thomas S. Roberts, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 36 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Bruce R. Evans ----------------------------------------- Bruce R. Evans Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Bruce R. Evans, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 37 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 8th day of February, 2000. /s/ Walter G. Kortschak ----------------------------------------- Walter G. Kortschak State of California ) ) ss: County of Santa Clara ) On this 8th day of February, 2000, before me personally came Walter G. Kortschak, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 38 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Joseph F. Trustey ----------------------------------------- Joseph F. Trustey Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Joseph F. Trustey, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 39 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Kevin P. Mohan ----------------------------------------- Kevin P. Mohan Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Kevin P. Mohan, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 40 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 8th day of February, 2000. /s/ Peter Y. Chung ----------------------------------------- Peter Y. Chung Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 8th day of February, 2000, before me personally came Peter Y. Chung, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 41 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 7th day of February, 2000. /s/ Thomas F. Farb ----------------------------------------- Thomas F. Farb Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 7th day of February, 2000, before me personally came Thomas F. Farb, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 20, 2000 ------------------ Page 42 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 10th day of February, 2003. /s/ Robert V. Walsh ----------------------------------------- Robert V. Walsh Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 10th day of February, 2003, before me personally came Robert V. Walsh, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 4, 2007 ------------------ Page 43 of 44 pages IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 11th day of February, 2003. /s/ Scott C. Collins ----------------------------------------- Scott C. Collins Commonwealth of Massachusetts ) ) ss: County of Suffolk ) On this 11th day of February, 2003, before me personally came Scott C. Collins, known to me to be the person described and who executed the foregoing instrument that he acknowledged that he executed the same. [Notary Seal] /s/ Cynthia R. Freedman ----------------------------------------- Notary Public My Commission expires: October 4, 2007 ------------------ Page 44 of 44 pages -----END PRIVACY-ENHANCED MESSAGE-----