-----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, Jjb9XANNcqXE3iBKR1pBLvqagHDvkuWlwxwsnhaaQhcKytw7pRiacA8CE5fkLK25 SZVM77Y8NxobppMzKfRhXA== 0000898822-01-500322.txt : 20010625 0000898822-01-500322.hdr.sgml : 20010625 ACCESSION NUMBER: 0000898822-01-500322 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010622 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SONUS NETWORKS INC CENTRAL INDEX KEY: 0001105472 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 043387074 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-60815 FILM NUMBER: 1665431 BUSINESS ADDRESS: STREET 1: 5 CARLISLE RD CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 9786928999 MAIL ADDRESS: STREET 1: 5 CARLISLE RD CITY: WESTFORD STATE: MA ZIP: 01886 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ANSARI ANOUSHEH CENTRAL INDEX KEY: 0001136701 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: SONUS NETWORKS STREET 2: 1701 N. COLLINS BLVD., STE. 3000 CITY: RICHARDSON STATE: TX ZIP: 75080 BUSINESS PHONE: 9723014949 SC 13D 1 june21anousteh-ansari13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-2(a)) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) Amendment No. 1 SONUS NETWORKS, INC. _______________________________________ (Name of Issuer) COMMON STOCK, $0.001 PAR VALUE _______________________________________ (Title of Class of Securities) 835916 10 7 _______________________________________ (CUSIP Number) Andrew J. Nussbaum, Esq. Wachtell, Lipton, Rosen & Katz 51 West 52nd Street New York, New York 10019 _______________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 7, 2001 _______________________________________ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e), Section 240.13d-1(f) or Section 240.13d-1(g), check the following box: [ ] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ================================================================================ CUSIP NO. 835916 10 7 Schedule 13D Page 2 of 15 ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Anousheh Ansari ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 1,365,684 --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,798,440 --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,365,684 --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 5,798,440 ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,164,124 shares of Common Stock* ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]* ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.5%* ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ----------------------------------------------------------------------------- * Includes 5,798,440 shares of Common Stock beneficially owned by the other Reporting Persons, with respect to which voting and dispositive power is shared, and 1,365,684 shares of Common Stock pledged to the Issuer to guarantee certain obligations under employment agreements between the Issuer and Ms. Ansari and between the Issuer and Hamid Ansari, Ms. Ansari's husband. Does not include (i) 2,357,890 shares of Common Stock held in escrow in the name of the other Reporting Persons pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ms.Ansari has shared, with the other Reporting Persons, voting power but CUSIP NO. 835916 10 7 Schedule 13D Page 3 of 15 generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights, (ii) 1,328,913 shares of Common Stock held in escrow in the name of Perseus Partners, Ltd. to fund certain stock options granted to employees of the Issuer, over which Ms. Ansari has shared, with Perseus Partners, Ltd., voting power but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights, and (iii) 550,000 shares of Common Stock issued to Ms. Ansari as a restricted stock award under the Issuer's 2000 Retention Plan, which vest in whole or in part upon satisfaction of both the business-related performance milestones referenced in clause (i) above and Ms. Ansari's continued employment with the Issuer through certain dates, the first of which is October 31, 2002, over which Ms. Ansari has sole voting power but generally does not have (and within 60 days of this filing is not expected to have) any dispositive power or other economic rights. The shares described in clause (i) represent 1.2% of the outstanding Common Stock; the shares described in clause (ii) represent 0.7% of the outstanding Common Stock; and the shares described in clause (iii) represent 0.3% of the outstanding common stock. CUSIP NO. 835916 10 7 Schedule 13D Page 4 of 15 ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ansari Enterprises, LLC ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,798,440 --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 5,798,440 ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,798,440 shares of Common Stock* ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]* ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.9%* ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO ----------------------------------------------------------------------------- * Includes 5,798,440 shares of Common Stock beneficially owned by the other Reporting Persons, with respect to which voting and dispositive power is shared. Does not include (i) 2,357,890 shares held in escrow pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari Enterprises, LLC has shared voting power with the other Reporting Persons but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights, and (ii) 1,328,913 shares of Common Stock held in escrow in the name of Perseus Partners, Ltd. to fund certain CUSIP NO. 835916 10 7 Schedule 13D Page 5 of 15 stock options granted to employees of the Issuer, over which Ansari Enterprises, LLC has shared, with Perseus Partners, Ltd., voting power but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights. The shares described in clause (i) represent 1.2% of the outstanding Common Stock; and the shares described in clause (ii) represent 0.7% of the outstanding Common Stock. CUSIP NO. 835916 10 7 Schedule 13D Page 6 of 15 ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Perseus Partners, Ltd. ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 3,616,540 --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 3,616,540 --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,616,540 shares of Common Stock* ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]* ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.8%* ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ----------------------------------------------------------------------------- * Does not include (i) 1,757,890 shares of Common Stock held in escrow in the name of Perseus Partners, Ltd. pending satisfaction of certain business- related performance milestones and expiration of certain indemnity obligations, over which Perseus Partners, Ltd. has sole voting power but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights, and (ii) 1,328,913 shares of Common Stock held in escrow in the name Perseus Partners, Ltd. to fund certain stock options granted to employees of the Issuer, over which Perseus Partners, Ltd. has sole voting power but generally does not have (and within 60 days of CUSIP NO. 835916 10 7 Schedule 13D Page 7 of 15 the date of this filing is not expected to have) any dispositive power or other economic rights. The shares described in clause (i) represent 0.9% of the outstanding Common Stock; and the shares described in clause (ii) represent 0.7% of the outstanding Common Stock. CUSIP NO. 835916 10 7 Schedule 13D Page 8 of 15 ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ansari AA Investments, Ltd. ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 1,709,500 --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,709,500 --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,709,500 shares of Common Stock* ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]* ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.8% ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ----------------------------------------------------------------------------- * Does not include 450,000 shares held in escrow in the name of Ansari AA Investments, Ltd. pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari AA Investments, Ltd. has sole voting power but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights. These shares represent 0.2% of the outstanding Common Stock. CUSIP NO. 835916 10 7 Schedule 13D Page 9 of 15 ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ansari AR Investments, Ltd. ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 343,450 --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 343,450 --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 343,450 shares of Common Stock* ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]* ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ----------------------------------------------------------------------------- * Does not include 90,000 shares held in escrow in the name of Ansari AR Investments, Ltd. pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari AR Investments, Ltd. has sole voting power but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights. These shares represent less than 0.1% of the outstanding Common Stock. CUSIP NO. 835916 10 7 Schedule 13D Page 10 of 15 ----------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ansari JA Investments, Ltd. ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] ----------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Texas ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 128,950 --------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 --------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 128,950 --------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 128,950 shares of Common Stock* ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]* ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 0.1% ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ----------------------------------------------------------------------------- * Does not include 60,000 shares of Common Stock held in escrow in the name of Ansari JA Investments, Ltd. pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari JA Investments, Ltd. has sole voting power but generally does not have (and within 60 days of the date of this filing is not expected to have) any dispositive power or other economic rights. These shares represent less than 0.1% of the outstanding Common Stock. CUSIP NO. 835916 10 7 Schedule 13D Page 11 of 15 AMENDMENT NO. 1 TO STATEMENT ON SCHEDULE 13D Reference is made to the Statement on Schedule 13D (the "Schedule 13D") filed on March 26, 2001, by Anousheh Ansari, Ansari Enterprises, LLC ("Ansari Enterprises"), Perseus Partners, Ltd. ("Perseus Partners"), Ansari AA Investments, Ltd. ("Ansari AA Investments"), Ansari AR Investments, Ltd.("Ansari AR Investments") and Ansari JA Investments, Ltd.("Ansari JA Investments"), relating to the common stock, par value $0.001 ("Common Stock"), of Sonus Networks, Inc. (the "Issuer"). The address of the Issuer's principal executive offices is 5 Carlisle Road, Westford, MA 01886. Item 5. Interests in Securities of the Issuer. Item 5 of the Schedule 13D is amended and supplemented as follows: (a) As of the date hereof, the Reporting Persons beneficially own the following aggregate numbers of shares of Common Stock, representing the following percentages of the shares of Common Stock believed to be outstanding as of May 3, 2001 (as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended March 31, 2001): Anousheh Ansari 7,164,124 shares, representing 3.5% Ansari Enterprises, LLC 5,798,440 shares, representing 2.9% Perseus Partners, Ltd. 3,616,540 shares, representing 1.8% Ansari AA Investments, Ltd. 1,709,500 shares, representing 0.8% Ansari AR Investments, Ltd. 343,450 shares, representing 0.2% Ansari JA Investments, Ltd. 128,950 shares, representing <0.1% As described in the footnote to Nos. 11 and 12 of each Reporting Person's information set forth at the beginning of this Schedule 13D, the table above does not include a total of 4,236,803 shares of Common Stock which may be deemed to be beneficially owned by the Reporting Persons. Such shares represent an aggregate of 2.1% of the outstanding Common Stock. The Reporting Persons expect that a substantial majority of the 1,328,913 shares (0.7% of the outstanding Common Stock) of Common Stock held in escrow to fund option exercises by other employees of the Issuer will not be received by any of the Reporting Persons and will be returned to the Issuer. The date that any of the business-related performance milestones may be satisfied, if any, which milestones relate to 1,414,735 shares of Common Stock (0.7% of the outstanding Common Stock), is uncertain. The 943,155 shares (0.5% of the outstanding Common Stock) relating to potential indemnification obligations of the Target may or may not be received by the Reporting Persons depending on whether the Issuer asserts, and is successful in, an indemnity claim, which claim generally must be asserted on or prior to December 31, 2002. Whether the Issuer will assert, or be successful in, any such claim is unknown by the Reporting Persons. As noted above, the date on which any of the business- related performance milestones is uncertain, however, if such milestones are fully satisfied, the 550,000 shares (0.3% of the outstanding Common Stock) will vest ratably on October 31, 2002, November 30, 2002, January 31, 2003 and February 28, 2003, provided Ms. Ansari remains continuously employed by the Issuer through such dates or is terminated without cause. CUSIP NO. 835916 10 7 Schedule 13D Page 12 of 15 Under the terms of the Merger Agreement, 2,357,890 of the shares of Common Stock described in the immediately preceding paragraph are held in escrow by an escrow agent pending resolution of the related conditions to the release of the shares to the Reporting Persons, or the return of such shares to the Issuer, as the case may be. In the interim, the Reporting Persons have voting power, but generally have no other right or power, including dispositive power, with respect to the escrowed shares. Under the terms of the Issuer's 2000 Retention Plan, Ms. Ansari has voting power over the 550,000 shares of Common Stock granted to her under such plan as a restricted stock award. However, Ms. Ansari does not have any other right or power, including dispositive power, with respect to the restricted shares, and will not have any such right or power until such restricted shares vest as described in the immediately preceding paragraph. (b) As of the date hereof, the Reporting Persons had sole power to vote, shared power to vote, sole power to dispose and shared power to dispose of the following shares of Common Stock, and shared such power with the persons set forth below: Anousheh Ansari: Sole voting power 1,365,684* Shared voting power 5,798,440** Sole dispositive power 1,365,684* Shared dispositive power 5,798,440** * Includes 1,365,684 shares of Common Stock pledged to the Issuer to guarantee certain obligations under employment agreements between the Issuer and Ms. Ansari and between the Issuer and Mr. Ansari. ** Includes (i) 3,616,540 shares of Common Stock with respect to which voting power is shared with Perseus Partners, L.P., (ii) 1,709,500 shares of Common Stock with respect to which voting power is shared with Ansari AA Investments, Ltd., (iii) 343,450 shares of Common Stock with respect to which voting power is shared with Ansari AR Investments, Ltd. and (iv) 128,950 shares of Common Stock with respect to which voting power is shared with Ansari JA Investments, Ltd. Does not include (w) 1,757,890 shares of Common Stock held in escrow in the name of Perseus Partners, Ltd., (x) 450,000 shares of Common Stock held in escrow in the name of Ansari AA Investments, Ltd., (y) 90,000 shares of Common Stock held in escrow in the name of Ansari AR Investments, Ltd., (z) 60,000 shares of Common Stock held in escrow in the name of Ansari JA Investments, Ltd., in each case as described below and under Item 5(a). Ansari Enterprises, LLC: Sole voting power 0 Shared voting power 5,798,440* Sole dispositive power 0 Shared dispositive power 5,798,440* CUSIP NO. 835916 10 7 Schedule 13D Page 13 of 15 * Includes (i) 3,616,540 shares of Common Stock with respect to which voting power is shared with Perseus Partners, L.P., (ii) 1,709,500 shares of Common Stock with respect to which voting power is shared with Ansari AA Investments, Ltd., (ii) 343,450 shares of Common Stock with respect to which voting power is shared with Ansari AR Investments, Ltd. and (iii) 128,950 shares of Common Stock with respect to which voting power is shared with Ansari JA Investments, Ltd. Does not include (w) 1,757,890 shares of Common Stock held in escrow in the name of Perseus Partners, Ltd., (x) 450,000 shares of Common Stock held in escrow in the name of Ansari AA Investments, Ltd., (y) 90,000 shares of Common Stock held in escrow in the name of Ansari AR Investments, Ltd., (z) 60,000 shares of Common Stock held in escrow in the name of Ansari JA Investments, Ltd., in each case as described below and under Item 5(a). Perseus Partners, Ltd.: Sole voting power 3,616,890* Shared voting power 0 Sole dispositive power 3,616,890* Shared dispositive power 0 * Does not include 1,757,890 shares held in escrow pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Perseus Partners, Ltd. has sole voting power but generally does not have (and within 60 days from the date of this filing is not expected to have) any dispositive power or other economic rights. Ansari AA Investments, Ltd.: Sole voting power 1,709,500* Shared voting power 0 Sole dispositive power 1,709,500* Shared dispositive power 0 * Does not include 450,000 shares held in escrow pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari AA Investments, Ltd. has sole voting power but generally does not have (and within 60 days from the date of this filing is not expected to have) any dispositive power or other economic rights. Ansari AR Investments, Ltd.: Sole voting power 343,450* Shared voting power 0 Sole dispositive power 343,450* Shared dispositive power 0 CUSIP NO. 835916 10 7 Schedule 13D Page 14 of 15 * Does not include 90,000 shares held in escrow pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari AR Investments, Ltd. has sole voting power but generally does not have (and within 60 days from the date of this filing is not expected to have) any dispositive power or other economic rights. Ansari JA Investments, Ltd.: Sole voting power 128,950* Shared voting power 0 Sole dispositive power 128,950* Shared dispositive power 0 * Does not include 60,000 shares held in escrow pending satisfaction of certain business-related performance milestones and expiration of certain indemnity obligations, over which Ansari AA Investments, Ltd. has sole voting power but generally does not have (and within 60 days from the date of this filing is not expected to have) any dispositive power or other economic rights. Except for shares of Common Stock that each of the Reporting Persons beneficially owns directly, each of the Reporting Persons disclaims beneficial ownership of the Common Stock described herein and this Schedule 13D shall not be construed as an admission that such Reporting Person is the beneficial owner of such shares of Common Stock. (c) During the past 60 days, the Reporting Persons have engaged in the following transactions involving the Common Stock. Such transactions were effected in the open market for the Common Stock. Date Reporting Person Shares Sold Net Proceeds ---- ---------------- ----------- ------------ 4/18/01 Ansari AA Investments, Ltd. 27,000 $632,859 4/19/01 Perseus Partners, Ltd. 88,900 $2,197,232 4/19/01 Ansari AA Investments, Ltd. 11,100 $274,345 4/19/01 Ansari JA Investments, Ltd. 100,000 $2,471,578 On May 8, 2001, an aggregate of 606,512 shares of Common Stock were released from escrow to fund the exercise of certain stock options by employees of the Issuer. On June 7, 2001, an aggregate of 1,886,309 shares of Common Stock were released from escrow and delivered to the Reporting Persons on account of satisfaction of the certain of the business-related performance milestones noted above. Of these 1,886,309 shares of Common Stock, (i) 1,019,224 were related to Perseus Partners, Ltd., (ii) 360,000 were released to Ansari AA Investments, Ltd., (iii) 72,000 were released to Ansari AR Investments, Ltd., (iv) 48,000 were released to Ansari JA Investments, Ltd., and (v) 387,085 were released into the escrow to fund certain stock options granted to employees of the Issuer. CUSIP NO. 835916 10 7 Schedule 13D Page 15 of 15 SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: June 22, 2001 /s/ Anousheh Ansari ------------------------------------------- ANOUSHEH ANSARI ANSARI ENTERPRISES, LLC, By: /s/ Anousheh Ansari ---------------------------------- Name: Anousheh Ansari Title: Manager PERSEUS PARTNERS, LTD., By: Ansari Enterprises, LLC, its General Partner By: /s/ Anousheh Ansari ------------------------------- Name: Anousheh Ansari Title: Manager ANSARI AA INVESTMENTS, LTD., By: Ansari Enterprises, LLC, its General Partner By: /s/ Anousheh Ansari ------------------------------- Name: Anousheh Ansari Title: Manager ANSARI AR INVESTMENTS, LTD., By: Ansari Enterprises, LLC, its General Partner By: /s/ Anousheh Ansari ------------------------------- Name: Anousheh Ansari Title: Manager ANSARI JA INVESTMENTS, LTD., By: Ansari Enterprises, LLC, its General Partner By: /s/ Anousheh Ansari ------------------------------- Name: Anousheh Ansari Title: Manager -----END PRIVACY-ENHANCED MESSAGE-----