-----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, Oho8SpkhNuRP6IzCXinOnTSEZK+nHIUF6al6A+2DPKIA0CbAT4ISDsEgTb77GQlr mo8oRSFAR5D1uwKJKooi0w== /in/edgar/work/20000908/0000902664-00-000592/0000902664-00-000592.txt : 20000922 0000902664-00-000592.hdr.sgml : 20000922 ACCESSION NUMBER: 0000902664-00-000592 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000908 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARGONAUT TECHNOLOGIES INC CENTRAL INDEX KEY: 0001112880 STANDARD INDUSTRIAL CLASSIFICATION: [8731 ] IRS NUMBER: 943216714 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-59547 FILM NUMBER: 718803 BUSINESS ADDRESS: STREET 1: 887 INDUSTRIES RD STREET 2: STE G CITY: SAN CARLOS STATE: CA ZIP: 94070 BUSINESS PHONE: 6505981350 MAIL ADDRESS: STREET 1: 887 INDUSTRIES ROAD STREET 2: SUITE G CITY: SAN CARLOS STATE: CA ZIP: 94070 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MANDEL STEPHEN F JR CENTRAL INDEX KEY: 0001084150 STANDARD INDUSTRIAL CLASSIFICATION: [ ] IRS NUMBER: 061484476 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: TWO GREENWICH PLZ CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2036181400 MAIL ADDRESS: STREET 1: TWO GREENWICH PLZ CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G 1 0001.txt SECURITIES & EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ SCHEDULE 13G* (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) Argonaut Technologies Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 040175101 (CUSIP Number) August 29, 2000 (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) (Page 1 of 14 Pages) ________________ *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 purposes 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. 040175101 13G Page 2 of 14 Pages ________________________________________________________________________ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lone Spruce, L.P. ________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] ________________________________________________________________________ (3) SEC USE ONLY ________________________________________________________________________ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________ NUMBER OF (5) SOLE VOTING POWER -0- SHARES _________________________________________________________ BENEFICIALLY (6) SHARED VOTING POWER 31,691 OWNED BY _________________________________________________________ EACH (7) SOLE DISPOSITIVE POWER -0- REPORTING _________________________________________________________ PERSON WITH (8) SHARED DISPOSITIVE POWER 31,691 ________________________________________________________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,691 ________________________________________________________________________ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ________________________________________________________________________ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.18% ________________________________________________________________________ (12) TYPE OF REPORTING PERSON ** PN ________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 040175101 13G Page 3 of 14 Pages ________________________________________________________________________ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lone Balsam, L.P. ________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] ________________________________________________________________________ (3) SEC USE ONLY ________________________________________________________________________ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________ NUMBER OF (5) SOLE VOTING POWER -0- SHARES _________________________________________________________ BENEFICIALLY (6) SHARED VOTING POWER 69,546 OWNED BY _________________________________________________________ EACH (7) SOLE DISPOSITIVE POWER -0- REPORTING _________________________________________________________ PERSON WITH (8) SHARED DISPOSITIVE POWER 69,546 ________________________________________________________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 69,546 ________________________________________________________________________ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ________________________________________________________________________ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.40% ________________________________________________________________________ (12) TYPE OF REPORTING PERSON ** PN ________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 040175101 13G Page 4 of 14 Pages ________________________________________________________________________ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lone Sequoia, L.P. ________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] ________________________________________________________________________ (3) SEC USE ONLY ________________________________________________________________________ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________ NUMBER OF (5) SOLE VOTING POWER -0- SHARES _________________________________________________________ BENEFICIALLY (6) SHARED VOTING POWER 58,100 OWNED BY _________________________________________________________ EACH (7) SOLE DISPOSITIVE POWER -0- REPORTING _________________________________________________________ PERSON WITH (8) SHARED DISPOSITIVE POWER 58,100 ________________________________________________________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 58,100 ________________________________________________________________________ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ________________________________________________________________________ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.33% ________________________________________________________________________ (12) TYPE OF REPORTING PERSON ** PN ________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 040175101 13G Page 6 of 14 Pages ________________________________________________________________________ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lone Pine Capital LLC ________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] ________________________________________________________________________ (3) SEC USE ONLY ________________________________________________________________________ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________ NUMBER OF (5) SOLE VOTING POWER -0- SHARES _________________________________________________________ BENEFICIALLY (6) SHARED VOTING POWER 720,963 OWNED BY _________________________________________________________ EACH (7) SOLE DISPOSITIVE POWER -0- REPORTING _________________________________________________________ PERSON WITH (8) SHARED DISPOSITIVE POWER 720,963 ________________________________________________________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 720,963 ________________________________________________________________________ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ________________________________________________________________________ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.13% ________________________________________________________________________ (12) TYPE OF REPORTING PERSON ** IA ________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 040175101 13G Page 7 of 14 Pages ________________________________________________________________________ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Stephen F. Mandel, Jr. ________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [X] (b) [ ] ________________________________________________________________________ (3) SEC USE ONLY ________________________________________________________________________ (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States ________________________________________________________________________ NUMBER OF (5) SOLE VOTING POWER -0- SHARES _________________________________________________________ BENEFICIALLY (6) SHARED VOTING POWER 880,300 OWNED BY _________________________________________________________ EACH (7) SOLE DISPOSITIVE POWER -0- REPORTING _________________________________________________________ PERSON WITH (8) SHARED DISPOSITIVE POWER 880,300 ________________________________________________________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 880,300 ________________________________________________________________________ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ] ________________________________________________________________________ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.04% ________________________________________________________________________ (12) TYPE OF REPORTING PERSON ** IN ________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 040175101 13G Page 8 of 14 Pages Item 1(a). Name of Issuer: The name of the issuer is Argonaut Technologies Inc. (the "Company"). Item 1(b). Address of Issuer's Principal Executive Offices: The Company's principal executive offices are located at 887 Industries Road, Suite G, San Carlos, California 94070. Item 2(a). Name of Person Filing: This statement is filed by: (i) Lone Spruce, L.P., a Delaware limited partnership ("Lone Spruce"), with respect to the shares of Common Stock defined in Item 2(d) below) directly owned by it; (ii) Lone Balsam, L.P., a Delaware limited partnership ("Lone Balsam"), with respect to the shares of Common Stock directly owned by it; (iii) Lone Sequoia, L.P., a Delaware limited partnership ("Lone Sequoia"), with respect to the shares of Common Stock directly owned by it; (iv) Lone Pine Associates LLC, a Delaware limited liability company ("Lone Pine"), with respect to the shares of Common Stock directly owned by Lone Spruce, Lone Balsam and Lone Sequoia; (v) Lone Pine Capital LLC, a Delaware limited liability company "Lone Pine Capital"), which serves as investment manager to Lone Cypress, Ltd., a Cayman Islands exempted company "Lone Cypress"), with respect to the shares of Common Stock directly owned by Lone Cypress; (vi) Stephen F. Mandel, Jr. ("Mr. Mandel"), with respect to the shares of Common Stock directly owned by each of Lone Spruce, Lone Balsam, Lone Sequoia and Lone Cypress. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the business office of each of the Reporting Persons is Two Greenwich Plaza, Greenwich, Connecticut 06830. CUSIP No. 040175101 13G Page 9 of 14 Pages Item 2(c). Citizenship: Lone Spruce, Lone Balsam and Lone Sequoia are limited partnerships organized under the laws of the State of Delaware. Lone Pine Associates LLC and Lone Pine Capital LLC are limited liability companies organized under the laws of the State of Delaware. Mr. Mandel is a United States citizen. Item 2(d). Title of Class of Securities: Common Stock, $0.0001 par value (the "Common Stock") Item 2(e). CUSIP Number: 040175101 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: (a) [ ] Broker or dealer registered under Section 15 of the Act, (b) [ ] Bank as defined in Section 3(a)(6) of the Act, (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940, (e) [ ] Investment Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E), (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F), (g) [ ] Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G), (h) [ ] Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) [ ] Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940, (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check the box. [X] CUSIP No. 040175101 13G Page 10 of 14 Pages Item 4. Ownership. A. Lone Spruce, L.P. (a) Amount beneficially owned: 31,691 (b) Percent of class: 0.18% The percentages used herein and in the rest of Item 4 are calculated based upon the 17,452,080 shares of Common Stock issued and outstanding as of July 31, 2000, as reported in the Company's Form 10-Q for the period ending June 30, 2000. (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 31,691 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 31,691 B. Lone Balsam, L.P. (a) Amount beneficially owned: 69,546 (b) Percent of class: 0.40% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 69,546 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 69,546 C. Lone Sequoia, L.P. (a) Amount beneficially owned: 58,100 (b) Percent of class: 0.33% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 58,100 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 58,100 D. Lone Pine Associates LLC (a) Amount beneficially owned: 159,337 (b) Percent of class: 0.91% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 159,337 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 159,337 E. Lone Pine Capital LLC (a) Amount beneficially owned: 720,963 (b) Percent of class: 4.13% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 720,963 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 720,963 CUSIP No. 040175101 13G Page 11 of 14 Pages F. Stephen F. Mandel, Jr. (a) Amount beneficially owned: 880,300 (b) Percent of class: 5.04% (c)(i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 880,300 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 880,300 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Lone Pine, the general partner of Lone Spruce, Lone Sequoia and Lone Balsam, has the power to direct the affairs of Lone Spruce, Lone Sequoia and Lone Balsam, including decisions respecting the disposition of the proceeds from the sale of shares. Mr. Mandel is the Managing Member of Lone Pine and in that capacity directs its operations. Lone Cypress, a client of Lone Pine Capital of which Mr. Mandel is the Managing Member, has the power to direct the receipt of dividends from or the proceeds of the sale of shares. 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. See Item 2. Item 9. Notice of Dissolution of Group. Not applicable. CUSIP No. 040175101 13G Page 12 of 14 Pages Item 10. Certification. Each of the Reporting Persons hereby makes the following certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 040175101 13G Page 13 of 14 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: September __, 2000 LONE SPRUCE, L.P. By: Lone Pine Associates LLC, General Partner By: /s/ Stephen F. Mandel, Jr. -------------------------- Stephen F. Mandel, Jr. Managing Member LONE BALSAM, L.P. By: Lone Pine Associates LLC, General Partner By: /s/ Stephen F. Mandel, Jr. -------------------------- Stephen F. Mandel, Jr. Managing Member LONE SEQUOIA, L.P. By: Lone Pine Associates LLC, General Partner By: /s/ Stephen F. Mandel, Jr. -------------------------- Stephen F. Mandel, Jr. Managing Member LONE PINE ASSOCIATES LLC, By: /s/ Stephen F. Mandel, Jr. -------------------------- Stephen F. Mandel, Jr. Managing Member LONE PINE CAPITAL LLC, By: /s/ Stephen F. Mandel, Jr. -------------------------- Stephen F. Mandel, Jr. Managing Member STEPHEN F. MANDEL, JR. /s/ Stephen F. Mandel, Jr. - -------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----