-----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, CvCh98wOWBZc6eV58ydJjPd93wrZhgTou7ZCgSAZR3wfnzCswCOxJVHNfopjqCxK 2gpl+Km7cr0eSlWIm40AdA== 0001193125-05-024808.txt : 20050210 0001193125-05-024808.hdr.sgml : 20050210 20050210141153 ACCESSION NUMBER: 0001193125-05-024808 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050210 DATE AS OF CHANGE: 20050210 GROUP MEMBERS: ANDREW KAU GROUP MEMBERS: LIP-BU TAN GROUP MEMBERS: NANCY LEE GROUP MEMBERS: PACVEN WALDEN VENTURES PARALLEL V-A C.V. GROUP MEMBERS: PACVEN WALDEN VENTURES PARALLEL V-B C.V. GROUP MEMBERS: PACVEN WALDEN VENTURES V ASSOCIATES FUND, L.P. GROUP MEMBERS: PACVEN WALDEN VENTURES V-QP ASSOCIATES FUND, L.P. GROUP MEMBERS: TZU-HWA HSU SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LEADIS TECHNOLOGY INC CENTRAL INDEX KEY: 0001130626 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770547089 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80394 FILM NUMBER: 05592198 BUSINESS ADDRESS: STREET 1: 474 POTRERO AVENUE STREET 2: SUITE A CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 4083878800 MAIL ADDRESS: STREET 1: 474 POTRERO AVENUE STE A CITY: SUNNYVALE STATE: CA ZIP: 94085 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACVEN WALDEN VENTURES V LP CENTRAL INDEX KEY: 0001132007 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 750 BATTERY ST 7TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153917225 SC 13G 1 dsc13g.htm SCHEDULE 13G SCHEDULE 13G

SEC 1745

(02-02)

   Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

OMB APPROVAL

OMB Number:

  3235-0145

Expires:

  December 31, 2005

Estimated average burden

hours per response

  11

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

 

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.     )*

 

 

 

Leadis Technology, Inc.


(Name of Issuer)

 

Common Stock


(Title of Class of Securities)

 

 

52171N 10 3


                                (CUSIP Number)                                

 

December 31, 2004


(Date of Event Which Requires Filing of This Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x Rule 13d-1(d)

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Pacven Walden Ventures V, L.P.

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            Cayman Islands

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                4,800,333


6.    Shared Voting Power

 

                0


7.    Sole Dispositive Power

 

                4,800,333


8.    Shared Dispositive Power

 

                0

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            4,800,333

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            17.1%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

 

Page 2 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Pacven Walden Ventures V Associates Fund, L.P.

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            Cayman Islands

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                11,770


6.    Shared Voting Power

 

                0


7.    Sole Dispositive Power

 

                11,770


8.    Shared Dispositive Power

 

                0

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            11,770

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            0.04%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

 

Page 3 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Pacven Walden Ventures Parallel V-A C.V.

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            Netherlands

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                110,622


6.    Shared Voting Power

 

                0


7.    Sole Dispositive Power

 

                110,622


8.    Shared Dispositive Power

 

                0

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            110,622

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            0.39%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

 

Page 4 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Pacven Walden Ventures Parallel V-B C.V.

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            Netherlands

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                110,622


6.    Shared Voting Power

 

                0


7.    Sole Dispositive Power

 

                110,622


8.    Shared Dispositive Power

 

                0

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            110,622

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            0.39%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

 

Page 5 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Pacven Walden Ventures V-QP Associates Fund, L.P.

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            Cayman Islands

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                77,386


6.    Shared Voting Power

 

                0


7.    Sole Dispositive Power

 

                77,386


8.    Shared Dispositive Power

 

                0

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            77,386

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            0.28%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

 

Page 6 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Lip-Bu Tan

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            United States

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                18,603*


6.    Shared Voting Power

 

                5,110,773**


7.    Sole Dispositive Power

 

                18,603*


8.    Shared Dispositive Power

 

                5,110,773**

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            5,129,376* **

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            18.3%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

* Includes 3,000 each by two children, 5,000 by Lip-Bu Tan & Ysa Loo Trust and 7,603 shares issuable pursuant to options exercisable within 60 days of December 31, 2004.
** Includes 4,800,333 shares held by Pacven Walden Ventures V, L.P., 11,700 shares held by Pacven Walden Ventures V Associates Fund, L.P., 110,622 shares held by Pacven Walden Ventures Parallel V-A C.V., 110,622 shares held by Pacven Walden Ventures Parallel V-B C.V and 77,386 shares held by Pacven Walden Ventures V-QP Associates Fund, L.P. The Reporting Person is a member of the Investment Committee of Pacven Walden Management Co. Ltd. (“Pacven”) and shares voting and investment power with respect to the shares held by such entity. Pacven is the sole voting shareholder of Pacven Walden Management V Co. Ltd (“Pacven V”). Pacven V is the general partner of each of the entities listed above. The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

Page 7 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Nancy Lee

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            United States

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                0


6.    Shared Voting Power

 

                5,110,773*


7.    Sole Dispositive Power

 

                0


8.    Shared Dispositive Power

 

                5,110,773*

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            5,110,773*

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            18.24%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

* Includes 4,800,333 shares held by Pacven Walden Ventures V, L.P., 11,700 shares held by Pacven Walden Ventures V Associates Fund, L.P., 110,622 shares held by Pacven Walden Ventures Parallel V-A C.V., 110,622 shares held by Pacven Walden Ventures Parallel V-B C.V and 77,386 shares held by Pacven Walden Ventures V-QP Associates Fund, L.P. The Reporting Person is a member of the Investment Committee of Pacven Walden Management Co. Ltd. (“Pacven”) and shares voting and investment power with respect to the shares held by such entity. Pacven is the sole voting shareholder of Pacven Walden Management V Co. Ltd (“Pacven V”). Pacven V is the general partner of each of the entities listed above. The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

Page 8 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Andrew Kau

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            United States

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                0


6.    Shared Voting Power

 

                5,110,773*


7.    Sole Dispositive Power

 

                0


8.    Shared Dispositive Power

 

                5,110,773*

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            5,110,773*

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            18.24%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

* Includes 4,800,333 shares held by Pacven Walden Ventures V, L.P., 11,700 shares held by Pacven Walden Ventures V Associates Fund, L.P., 110,622 shares held by Pacven Walden Ventures Parallel V-A C.V., 110,622 shares held by Pacven Walden Ventures Parallel V-B C.V and 77,386 shares held by Pacven Walden Ventures V-QP Associates Fund, L.P. The Reporting Person is a member of the Investment Committee of Pacven Walden Management Co. Ltd. (“Pacven”) and shares voting and investment power with respect to the shares held by such entity. Pacven is the sole voting shareholder of Pacven Walden Management V Co. Ltd (“Pacven V”). Pacven V is the general partner of each of the entities listed above. The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

Page 9 of 17


CUSIP No. 52171N 10 3

 

1.  

Name of Reporting Persons

I.R.S. Identification No(s). of above person(s) (entities only)

 

            Tzu-Hwa Hsu

   
2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  

(b)  x

   
3.  

SEC USE ONLY

 

   
4.  

Citizenship or Place of Organization

 

            United States

   

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With:

 

5.    Sole Voting Power

 

                0


6.    Shared Voting Power

 

                5,110,773*


7.    Sole Dispositive Power

 

                0


8.    Shared Dispositive Power

 

                5,110,773*

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            5,110,773*

   
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

   
11.  

Percent of Class Represented by Amount in Row (9)

 

            18.24%

   
12.  

Type of Reporting Person (See Instructions)

 

            PN

   

 

* Includes 4,800,333 shares held by Pacven Walden Ventures V, L.P., 11,700 shares held by Pacven Walden Ventures V Associates Fund, L.P., 110,622 shares held by Pacven Walden Ventures Parallel V-A C.V., 110,622 shares held by Pacven Walden Ventures Parallel V-B C.V and 77,386 shares held by Pacven Walden Ventures V-QP Associates Fund, L.P. The Reporting Person is a member of the Investment Committee of Pacven Walden Management Co. Ltd. (“Pacven”) and shares voting and investment power with respect to the shares held by such entity. Pacven is the sole voting shareholder of Pacven Walden Management V Co. Ltd (“Pacven V”). Pacven V is the general partner of each of the entities listed above. The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

Page 10 of 17


Item 1.

 

(a)

   Leadis Technology, Inc.          
   

(b)

   474 Potrero Avenue, Suite A          
         Sunnyvale, CA 94085-4117          

Item 2.

 

(a)

   Name of Person Filing          
         Exhibit A is hereby incorporated by reference          
   

(b)

   Address of Principal Business Office or, if none, Residence          
         See Exhibit A          
   

(c)

   Citizenship          
         See Exhibit A          
   

(d)

   Title of Class of Securities          
         Common Stock          
   

(e)

   CUSIP Number          
         52171N 10 3          

Item 3.

  If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)    ¨    Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o).
    (b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
    (e)    ¨    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
    (f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
    (g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);
    (h)    ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)    ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)    ¨    Group, in accordance with §240.13d-1(b)(1)(ii)(J).
              Not applicable

 

Page 11 of 17


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)    Amount Beneficially Owned:          
          See Exhibit B which is hereby incorporated by reference and related pages 2 to 10.          
     (b)    Percent of Class:          
          See Exhibit B which is hereby incorporated by reference and related pages 2 to 10.          
     (c)    Number of shares as to which the person has:          
          (i)    Sole power to vote or to direct the vote          
               See Footnote ***          
          (ii)    Shared power to vote or to direct the vote          
               See Footnote ***          
          (iii)    Sole power to dispose or to direct the disposition of          
               See Footnote ***          
          (iv)    Shared power to dispose or to direct the disposition of          
               See Footnote ***          

 

*** See Exhibit B which is hereby incorporated by reference and related pages 2 to 10. Lip-Bu Tan, Nancy Lee, Andrew Kau and Tzu-Hwa Hus are members of the Investment Committee of Pacven Walden Management Co. Ltd. (“Pacven”) and shares voting and investment power with respect to the shares held by such entity. Pacven is the sole voting shareholder of Pacven Walden Management V Co. Ltd (“Pacven V”). Pacven V is the general partner of each of Pacven Walden Ventures V, L.P., Pacven Walden Ventures V Associates Fund, L.P., Pacven Walden Ventures Parallel V-A C.V., Pacven Walden Ventures Parallel V-B C.V and Pacven Walden Ventures V-QP Associates Fund, L.P. As such, they share the voting and disposition powers over the shares held by the partnerships.

 

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 or Control Person.
     Not Applicable

Item 8.

   Identification and Classification of Members of the Group          
     Not Applicable          

Item 9.

   Notice of Dissolution of a Group          
     Not Applicable          

Item 10.

   Certification          
     Not Applicable          


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.

 

February 9, 2005


Date
PACVEN WALDEN VENTURES V, L.P.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title
PACVEN WALDEN VENTURES V ASSOCIATES FUND, L.P.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title
PACVEN WALDEN VENTURES PARALLEL V-A C.V.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title
PACVEN WALDEN VENTURES PARALLEL V-B C.V.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title

 

Page 13 of 17


PACVEN WALDEN VENTURES V-QP ASSOCIATES FUND, L.P.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title

/s/ Lip-Bu Tan


Signature

Lip-Bu Tan


Name

/s/ Nancy Lee


Signature

Nancy Lee


Name

/s/ Andrew Kau


Signature

Andrew Kau


Name

/s/ Tzu-Hwa Hsu


Signature

Tzu-Hwa Hsu


Name

 

 

Page 14 of 17


EXHIBIT A

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Leadis Technology, Inc. and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts.

 

In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 9th day of February, 2005.

 

PACVEN WALDEN VENTURES V, L.P.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title
PACVEN WALDEN VENTURES V ASSOCIATES FUND, L.P.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title
PACVEN WALDEN VENTURES PARALLEL V-A C.V.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title
PACVEN WALDEN VENTURES PARALLEL V-B C.V.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title

 

Page 15 of 17


PACVEN WALDEN VENTURES V-QP ASSOCIATES FUND, L.P.

/s/ Lip-Bu Tan


Signature

Manager


Name/Title

/s/ Lip-Bu Tan


Signature

Lip-Bu Tan


Name

/s/ Nancy Lee


Signature

Nancy Lee


Name

/s/ Andrew Kau


Signature

Andrew Kau


Name

/s/ Tzu-Hwa Hsu


Signature

Tzu-Hwa Hsu


Name

 

 

Page 16 of 17


EXHIBIT B TO SCHEDULE 13G – LEADIS TECHNOLOGY, INC.

 

Name of Originator


  

Aggregate Number of

Shares Beneficially
Owned


    % of
Total Shares


 
   Individual

    Aggregate

   

Pacven Walden Ventures V, L.P.

   4,800,333           17.1 %

Pacven Walden Ventures V Associates Fund, L.P.

   11,770           0.004 %

Pacven Walden Ventures Parallel V-A C.V.

   110,622           0.39 %

Pacven Walden Ventures Parallel V-B C.V.

   110,622           0.39 %

Pacven Walden Ventures V-QP Associates Fund, L.P.

   77,386           0.28 %

Lip-Bu Tan

         5,110,773   Note 1   18.3 %
     18,603   Note 2            

Nancy Lee

         5,110,773   Note 1   18.24 %

Andrew Kau

         5,110,773   Note 1   18,24 %

Tzu-Hwa Hsu

         5,110,773   Note 1   18.24 %

 

The address for all of the above is: One California Street, 28th Floor, San Francisco, CA 94111

 

Pacven Walden Ventures V, L.P., Pacven Walden Ventures V Associates Fund, L.P. and Pacven Walden Ventures V-QP Associates Fund, L.P are organized in the Cayman Islands and Pacven Walden Ventures Parallel V-A C.V. and Pacven Walden Ventures Parallel V-B C.V. are organized in the Netherlands. The individuals are all U.S. citizens and residents.

 

None of the above has been convicted in any criminal proceedings nor have they been subject to judgments, decrees, or final orders enjoining future violations of Federal or State securities laws.

 

All of the parties are individuals or entities in the venture capital business.

 

Note 1: Includes individual shares plus all shares held by the following partnerships: Pacven Walden Ventures V, L.P., Pacven Walden Ventures V Associates Fund, L.P., Pacven Walden Ventures Parallel V-A C.V., Pacven Walden Ventures Parallel V-B C.V. and Pacven Walden Ventures V-QP Associates Fund, L.P. The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest in the partnerships.

 

Note 2: Includes 3,000 each by two children, 5,000 by Lip-Bu Tan & Ysa Loo Trust and 7,603 shares issuable pursuant to options exercisable within 60 days of December 31, 2004.

 

Page 17 of 17

-----END PRIVACY-ENHANCED MESSAGE-----