-----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, NRXX4OdLJFJHDQvfG3BJi24AwFG6S4nayrDqxSKFJEt88n9xaqkB53XjGig9EYc4 7Q7Oz8CT3A+PLQXooulQYg== 0000950005-03-000232.txt : 20030214 0000950005-03-000232.hdr.sgml : 20030214 20030214104841 ACCESSION NUMBER: 0000950005-03-000232 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030214 GROUP MEMBERS: 2180 ASSOCIATES FUND V, L.P. GROUP MEMBERS: IRWIN FEDERMAN GROUP MEMBERS: JONATHAN D. ROOT GROUP MEMBERS: PHILIP M. YOUNG GROUP MEMBERS: PRESIDIO MANAGEMENT GROUP V, L.L.C. GROUP MEMBERS: STEVEN M. KRAUSZ GROUP MEMBERS: STUART G. PHILLIPS GROUP MEMBERS: U.S. VENTURE PARTNERS V, L.P. GROUP MEMBERS: USVP V ENTREPRENEUR PARTNERS, L.P. GROUP MEMBERS: USVP V INTERNATIONAL, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CURON MEDICAL INC CENTRAL INDEX KEY: 0001114365 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 770470324 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60601 FILM NUMBER: 03563523 BUSINESS ADDRESS: STREET 1: 735 PALOMAR AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4087339910 MAIL ADDRESS: STREET 1: 735 PALOMAR AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94086 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: US VENTURE PARTNERS V LP CENTRAL INDEX KEY: 0001106516 IRS NUMBER: 943247775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2180 SAN HILL ROAD STREET 2: SUITE 300 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6509267753 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 300 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 p16640_sc13ga.txt AMENDMENT NO. 1 TO SCHEDULE 13G -------------------------- OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response......11 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ SCHEDULE 13G 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) (Amendment No. 1) Curon Medical, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 231292103 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2002 - -------------------------------------------------------------------------------- (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) Page 1 of 17 pages CUSIP No. 231292103 Page 2 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) U.S. Venture Partners V, L.P. ("USVP V") - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,884,061 shares, except that Presidio Management Group V, L.L.C. ("PMG V"), the general partner of USVP V, may be deemed to have sole voting power with respect to such shares, and Irwin Federman ("Federman"), Steven M. Krausz ("Krausz"), Stuart G. Phillips ("Phillips"), Jonathan D. Root ("Root") and Philip M. Young ("Young"), the managing members of PMG V, may be deemed to have a shared voting power with respect to such shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY See response to row 5. OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 2,884,061 shares, except PMG V, the general partner of WITH USVP V, may be deemed to have sole dispositive power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have a shared dispositive power with respect to such shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,884,061 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 3 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) USVP V International, L.P. ("V Int'l") - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 160,255 shares, except that PMG V, the general partner of V Int'l, may be deemed to have sole voting power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY See response to row 5. OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 160,255 shares, except that PMG V, the general partner WITH of V Int'l, may be deemed to have sole dispositive power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared dispositive power with respect to such shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 160,255 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 4 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) USVP V Entrepreneur Partners, L.P. ("EP V") - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 70,499 shares, except that PMG V, the general partner of EP V, may be deemed to have sole voting power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY See response to row 5. OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 70,499 shares, except that PMG V, the general partner of WITH EP V, may be deemed to have sole dispositive power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared dispositive power with respect to such shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 70,499 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 5 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 2180 Associates Fund V, L.P. ("2180 V") - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 89,726 shares, except that PMG V, the general partner of 2180 V, may be deemed to have sole voting power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY See response to row 5. OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 89,726 shares, except that PMG V, the general partner of WITH 2180 V, may be deemed to have sole dispositive power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared dispositive power with respect to such shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 89,726 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 6 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Presidio Management Group V, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. PMG V is the general partner of USVP V, V Int'l, EP V and 2180 V and may be deemed to have sole voting power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY See response to row 5. OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 3,204,541 shares, of which 2,884,061 are directly owned WITH by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. PMG V is the general partner of USVP V, V Int'l, EP V and 2180 V and may be deemed to have sole dispositive power with respect to such shares, and Federman, Krausz, Phillips, Root and Young, the managing members of PMG V, may be deemed to have shared dispositive power with respect to such shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,204,541 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 7 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Irwin Federman - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,204,541 shares, of which 2,884,061 are directly owned OWNED BY by USVP V, 160,255 are directly owned by V Int'l, 70,499 EACH are directly owned by EP V and 89,726 are directly owned REPORTING by 2180 V. Federman is a managing member of PMG V, the PERSON general partner of USVP V, V Int'l, EP V and 2180 V, and WITH may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. Federman is a managing member of PMG V, the general partner of USVP V, V Int'l, EP V and 2180 V, and may be deemed to have shared dispositive power with respect to such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,204,541 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 8 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Steven M. Krausz - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,204,541 shares, of which 2,884,061 are directly owned OWNED BY by USVP V, 160,255 are directly owned by V Int'l, 70,499 EACH are directly owned by EP V and 89,726 are directly owned REPORTING by 2180 V. Krausz is a managing member of PMG V, the PERSON general partner of USVP V, V Int'l, EP V and 2180 V, and WITH may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. Krausz is a managing member of PMG V, the general partner of USVP V, V Int'l, EP V and 2180 V, and may be deemed to have shared dispositive power with respect to such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,204,541 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 9 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stuart G. Phillips - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,204,541 shares, of which 2,884,061 are directly owned OWNED BY by USVP V, 160,255 are directly owned by V Int'l, 70,499 EACH are directly owned by EP V and 89,726 are directly owned REPORTING by 2180 V. Phillips is a managing member of PMG V, the PERSON general partner of USVP V, V Int'l, EP V and 2180 V, and WITH may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. Phillips is a managing member of PMG V, the general partner of USVP V, V Int'l, EP V and 2180 V, and may be deemed to have shared dispositive power with respect to such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,204,541 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 10 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jonathan D. Root - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,204,541 shares, of which 2,884,061 are directly owned OWNED BY by USVP V, 160,255 are directly owned by V Int'l, 70,499 EACH are directly owned by EP V and 89,726 are directly owned REPORTING by 2180 V. Root is a managing member of PMG V, the PERSON general partner of USVP V, V Int'l, EP V and 2180 V, and WITH may be deemed to have shared voting power with respect to such shares. -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares. -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. Root is a managing member of PMG V, the general partner of USVP V, V Int'l, EP V and 2180 V, and may be deemed to have shared dispositive power with respect to such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,204,541 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 11 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Philip M. Young - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares. -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. Young is a managing member of PMG V, the general partner of USVP V, V Int'l, EP V and 2180 V, and may be deemed to have shared voting power with respect to such shares. OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 shares. WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,204,541 shares, of which 2,884,061 are directly owned by USVP V, 160,255 are directly owned by V Int'l, 70,499 are directly owned by EP V and 89,726 are directly owned by 2180 V. Young is a managing member of PMG V, the general partner of USVP V, V Int'l, EP V and 2180 V, and may be deemed to have shared dispositive power with respect to such shares. - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,204,541 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 231292103 Page 12 of 17 Pages - -------------------------------------------------------------------------------- This statement amends the statement on Schedule 13G filed by U.S. Venture Partners V, L.P., USVP V International, L.P., USVP V Entrepreneur Partners, L.P., 2180 Associates Fund V, L.P., Presidio Management Group V, L.L.C., Irwin Federman, Steven M. Krausz, Stuart G. Phillips, Jonathan D. Root and Philip M. Young. The foregoing entities and individuals are collectively referred to as the "Reporting Persons." ITEM 4. OWNERSHIP: The following information with respect to the ownership of the Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 2002: (a) Amount beneficially owned: See Row 9 of cover page for each Reporting Person. (b) Percent of Class: See Row 11 of cover page for each Reporting Person. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person. (ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person. (iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person. (iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person. CUSIP No. 231292103 Page 13 of 17 Pages - -------------------------------------------------------------------------------- SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 11, 2003 U.S. Venture Partners V, L.P. /s/ Michael Maher By Presidio Management Group V, L.L.C. ---------------------------------------- Its General Partner Signature Michael Maher Chief Financial Officer/Attorney-In-Fact USVP V International, L.P. /s/ Michael Maher By Presidio Management Group V, L.L.C. ---------------------------------------- Its General Partner Signature Michael Maher Chief Financial Officer/Attorney-In-Fact USVP V Entrepreneur Partners, L.P. /s/ Michael Maher By Presidio Management Group V, L.L.C. ---------------------------------------- Its General Partner Signature Michael Maher Chief Financial Officer/Attorney-In-Fact 2180 Associates Fund V, L.P. /s/ Michael Maher By Presidio Management Group V, L.L.C. ---------------------------------------- Its General Partner Signature Michael Maher Chief Financial Officer/Attorney-In-Fact By Presidio Management Group V, L.L.C. /s/ Michael Maher A Delaware Limited Liability Company ---------------------------------------- Signature Michael Maher Chief Financial Officer/Attorney-In-Fact CUSIP No. 231292103 Page 14 of 17 Pages - -------------------------------------------------------------------------------- Irwin Federman /s/ Michael Maher ---------------------------------------- Michael Maher Attorney-In-Fact Steven M. Krausz /s/ Michael Maher ---------------------------------------- Michael Maher Attorney-In-Fact Stuart G. Phillips /s/ Michael Maher ---------------------------------------- Michael Maher Attorney-In-Fact Jonathan D. Root /s/ Michael Maher ---------------------------------------- Michael Maher Attorney-In-Fact Philip M. Young /s/ Michael Maher ---------------------------------------- Michael Maher Attorney-In-Fact CUSIP No. 231292103 Page 15 of 17 Pages - -------------------------------------------------------------------------------- EXHIBIT INDEX Found on Sequentially Exhibit Numbered Pages - ------- -------------- Exhibit A: Agreement of Joint Filing 16 Exhibit B: Reference to Michael P. Maher as Attorney-In-Fact 17 CUSIP No. 231292103 Page 16 of 17 Pages - -------------------------------------------------------------------------------- EXHIBIT A Agreement of Joint Filing The Reporting Persons have agreed that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of Curon Medical, Inc. shall be filed on behalf of each of the Reporting Persons. Note that copies of the applicable agreement are already on file with the appropriate agencies. CUSIP No. 231292103 Page 17 of 17 Pages - -------------------------------------------------------------------------------- EXHIBIT B REFERENCE TO MICHAEL MAHER AS ATTORNEY-IN-FACT Michael P. Maher has signed the enclosed documents as Attorney-In-Fact. Note that copies of the applicable Powers of Attorney are already on file with the appropriate agencies. -----END PRIVACY-ENHANCED MESSAGE-----