-----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, LdZossKG3hfyRmlDP/W4uk1kyXXHF887xyn/XHh2mfilOe1kssFxOf6hLg+eNAV/ coEAjNMXS+4KPt+0Vli9Mw== 0000950005-02-000905.txt : 20020918 0000950005-02-000905.hdr.sgml : 20020918 20020918152429 ACCESSION NUMBER: 0000950005-02-000905 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020918 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VERISITY LTD CENTRAL INDEX KEY: 0001121936 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770432231 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-77984 FILM NUMBER: 02766889 BUSINESS ADDRESS: STREET 1: 2041 LANDINGS DRIVE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 4154341665 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRAL CAPITAL MANAGEMENT V LLC CENTRAL INDEX KEY: 0001112500 IRS NUMBER: 943355276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2750 SAND HILL ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6502330360 MAIL ADDRESS: STREET 1: 2750 SAND HILL ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 p16048_13g.txt SECURITIES AND 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 RULE 13d-2(b) (Amendment No.__)* VERISITY LTD. -------------------------------------- (Name of Issuer) -------------- Common Stock ------------ (Title of Class of Securities) M97385112 -------------- (CUSIP Number) September 17, 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) [ X ] Rule 13d-1(c) [ ] 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 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). (Continued on following pages) Page 1 of 19 Pages Exhibit Index Contained on Page 16
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 2 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Integral Capital Management V, LLC ("ICM5") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited liability company) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 486,203 shares, which shares are directly owned by Integral SHARES Capital Partners V, L.P. ("ICP5"). ICM5 is the general partner BENEFICIALLY of ICP5. OWNED BY EACH REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 486,203 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 486,203 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.51% - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - ----------- ------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 3 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ICP Management V, LLC ("ICP Management 5") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited liability company) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 8,145 shares, of which 6,642 shares are directly owned by SHARES Integral Capital Partners V Side Fund, L.P. ("Side Fund") and BENEFICIALLY 1,503 shares are directly owned by Integral Capital Partners V OWNED BY EACH SLP Side Fund, LLC ("SLP Side Fund"). ICP Management 5 is the REPORTING general partner of Side Fund and the Manager of SLP Side Fund. PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 8,145 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,145 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.04% - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - ----------- ------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 4 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Integral Capital Management VI, LLC ("ICM6") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited liability company) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 552,652 shares, which are directly owned by Integral Capital SHARES Partners VI, L.P. ("ICP6"). ICM6 is the general partner of BENEFICIALLY ICP6. OWNED BY EACH REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 552,652 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 552,652 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.85% - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - ----------- ------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 5 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Integral Capital Partners V, L.P. ("ICP5") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited partnership) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 486,203 shares are directly owned by ICP5. Integral Capital SHARES Management V, LLC is the general partner of ICP5. BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 486,203 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 486,203 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.51% - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 6 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Integral Capital Partners V Side Fund, L.P. ("Side Fund") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited partnership) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 6,642 shares are directly owned by Side Fund. ICP BENEFICIALLY Management V, LLC is the general partner of Side Fund. OWNED BY EACH REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,642 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,642 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.03% 11 - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 7 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Integral Capital Partners V SLP Side Fund, LLC ("SLP Side Fund") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited liability company) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 1,503 shares, which are directly owned by Integral Capital SHARES Partners V SLP Side Fund, LLC ("SLP Side Fund"). ICP Management BENEFICIALLY V, LLC is the Manager of SLP Side Fund. OWNED BY EACH REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,503 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,503 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.008% - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - ----------- ------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------------------------------------------------------- -------------------------------------------------- CUSIP NO. M97385112 13D Page 8 of 19 Pages - ----------------------------------------------------------- -------------------------------------------------- - ----------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Integral Capital Partners VI, L.P. ("ICP6") - ----------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ----------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited partnership) - --------------------------------------- --------- ---------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- --------- ---------------------------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF 552,652 shares, which are directly owned by ICP6. Integral SHARES Capital Management VI, LLC is the general partner of ICP6. BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER -0- --------- ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 552,652 shares (see response to Item 6) - ----------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 552,652 shares - ----------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - ----------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.85% - ----------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - ----------- ------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 19 ITEM 1(a). NAME OF ISSUER: Verisity Ltd. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 2041 Landings Drive Mountain View, CA 94043 ITEM 2(a), (b), (c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE, AND CITIZENSHIP: This statement is being filed by Integral Capital Management V, LLC, a Delaware limited liability company ("ICM5"), ICP Management V, LLC, a Delaware limited liability company ("ICP Management 5") and Integral Capital Management VI, LLC, a Delaware limited liability company ("ICM6"). The principal business address of ICM5, ICP Management 5 and ICM6 is 2750 Sand Hill Road, Menlo Park, California 94025. ICM5 is the general partner of Integral Capital Partners V, L.P., a Delaware limited partnership ("ICP5"). ICP Management 5 is the general partner of Integral Capital Partners V Side Fund, L.P. ("Side Fund") and the Manager of Integral Capital Partners V SLP Side Fund, LLC ("SLP Side Fund"). ICM6 is the general partner of Integral Capital Partners VI, L.P., a Delaware limited partnership ("ICP6"). With respect to ICM5, ICP Management 5 and ICM6, this statement relates only to ICM5's, ICP Management 5's and ICM6's indirect, beneficial ownership of shares of Common Stock of the Issuer (the "Shares"). The Shares have been purchased by ICP5, Side Fund, SLP Side Fund and ICP6, and none of ICM5, ICP Management 5 or ICM6 directly or otherwise hold any Shares. Management of the business affairs of ICM5, ICP Management 5 and ICM6, including decisions respecting disposition and/or voting of the Shares, resides in a majority of the managers of ICM5, ICP Management 5 and ICM6, respectively, such that no single manager of ICM5, ICP Management 5, or ICM6 has voting and/or dispositive power of the Shares. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock Page 10 of 19 ITEM 2(e). CUSIP NUMBER: M973854112
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 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 Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [X]. ITEM 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. A. Integral Capital Management V, LLC ("ICM5") (a) Amount Beneficially Owned: 486,203 (b) Percent of Class: 2.51% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 486,203 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 486,203 Page 11 of 19 B. ICP Management V, LLC ("ICP Management 5") (a) Amount Beneficially Owned: 8,145 (b) Percent of Class: 0.04% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 8,145 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 8,145 C. Integral Capital Management VI, LLC ("ICM6") (a) Amount Beneficially Owned: 552,652 (b) Percent of Class: 2.85% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 552,652 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 552,652 D. Integral Capital Partners V, L.P. ("ICP5") (a) Amount Beneficially Owned: 486,203 (b) Percent of Class: 2.51% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 486,203 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 486,203 E. Integral Capital Partners V Side Fund, L.P. ("Side Fund") (a) Amount Beneficially Owned: 6,642 (b) Percent of Class: 0.03% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 6,642 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 6,642 Page 12 of 19 F. Integral Capital Partners V SLP Side Fund, LLC ("SLP Side Fund") (a) Amount Beneficially Owned: 1,503 (b) Percent of Class: 0.008% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 1,503 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 1,503 G. Integral Capital Partners VI, L.P. ("ICP6") (a) Amount Beneficially Owned: 552,652 (b) Percent of Class: 2.85% (c) Number of shares as to which such person has: 1. Sole power to vote or to direct vote: -0- 2. Shared power to vote or to direct vote: 552,652 3. Sole power to dispose or to direct the disposition: -0- 4. Shared power to dispose or to direct the disposition: 552,652 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. 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. Page 13 of 19 ITEM 8. IDENTIFICATION AND CLASSIFCATION OF MEMBERS OF THE GROUP. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. 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. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: September 18, 2002 INTEGRAL CAPITAL MANAGEMENT V, LLC By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager ICP MANAGEMENT V, LLC By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager Page 14 of 19 INTEGRAL CAPITAL MANAGEMENT VI, LLC By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager INTEGRAL CAPITAL PARTNERS V, L.P. By Integral Capital Management V, LLC, its General Partner By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager INTEGRAL CAPITAL PARTNERS V SIDE FUND, L.P. By ICP Management V, LLC its General Partner By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager INTEGRAL CAPITAL PARTNERS V SLP SIDE FUND, LLC By ICP Management V, LLC, its Manager By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager Page 15 of 19 INTEGRAL CAPITAL PARTNERS VI, L.P. By Integral Capital Management VI, LLC its General Partner By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager Page 16 of 19 EXHIBIT INDEX Found on Sequentially Exhibit Numbered Page - ------- ------------- Exhibit A: Agreement of Joint Filing 17 Page 17 of 19 EXHIBIT A Agreement of Joint Filing The undersigned hereby agree that they are filing jointly pursuant to Rule 13d-1(k)(1) of the Act the statement dated September 18, 2002 containing the information required by Schedule 13G, for the 1,047,000 Shares of capital stock of Verisity Ltd. held by Integral Capital Partners V, L.P., a Delaware limited partnership, Integral Capital Partners V Side Fund, L.P., a Delaware limited partnership, Integral Capital Partners V SLP Side Fund, LLC, a Delaware limited liability company, and Integral Capital Partners VI, L.P., a Delaware limited partnership. Date: September 18, 2002 INTEGRAL CAPITAL MANAGEMENT V, LLC By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager ICP MANAGEMENT V, LLC By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager INTEGRAL CAPITAL MANAGEMENT VI, LLC By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager Page 18 of 19 INTEGRAL CAPITAL PARTNERS V, L.P. By Integral Capital Management V, LLC, its General Partner By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager INTEGRAL CAPITAL PARTNERS V SIDE FUND, L.P. By ICP Management V, LLC, its General Partner By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager INTEGRAL CAPITAL PARTNERS V SLP SIDE FUND, LLC By ICP Management V, LLC, its Manager By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager Page 19 of 19 INTEGRAL CAPITAL PARTNERS VI, L.P. By Integral Capital Management VI, LLC, its General Partner By /s/ Pamela K. Hagenah --------------------------------- Pamela K. Hagenah a Manager -----END PRIVACY-ENHANCED MESSAGE-----