sc13gza

0000950134-07-007886.txt : 20070410 0000950134-07-007886.hdr.sgml : 20070410 20070410160341 ACCESSION NUMBER: 0000950134-07-007886 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070410 DATE AS OF CHANGE: 20070410 GROUP MEMBERS: MERCURY FUND IV LTD GROUP MEMBERS: MERCURY FUND V LTD GROUP MEMBERS: MERCURY MANAGEMENT LLC GROUP MEMBERS: MERCURY VENTURES LTD FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOWE KEVIN C CENTRAL INDEX KEY: 0001209253 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2707 HIBERNIA CITY: DALLAS STATE: TX ZIP: 75204 BUSINESS PHONE: 214 522 7909 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOCUMENT SCIENCES CORP CENTRAL INDEX KEY: 0001016831 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 330485994 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49433 FILM NUMBER: 07758992 BUSINESS ADDRESS: STREET 1: 5958 PRIESTLY DRIVE CITY: CARLSBAD STATE: CA ZIP: 92008 BUSINESS PHONE: 7606021400 MAIL ADDRESS: STREET 1: 5958 PRIESTLY DRIVE CITY: CARLSBAD STATE: CA ZIP: 92008 SC 13G/A 1 d45446sc13gza.htm AMENDMENT TO SCHEDULE 13G sc13gza


	OMB APPROVAL
	OMB Number: 3235-0145
	Expires: February 28, 2009
	Estimated average burden hours per response...10.4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 3)*

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)

Document Sciences Corporation

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

25614R105

(CUSIP Number)

April 4, 2007

(Date of Event Which Requires Filing of this Statement)

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

þ Rule 13d-1(b)

o Rule 13d-1(c)

o 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.		25614R105		Page		2		of		12


1	NAMES OF REPORTING PERSONS: Mercury Fund IV, Ltd.

	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
	11-3669642

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
	(a) o
	(b) o

3	SEC USE ONLY:



4	CITIZENSHIP OR PLACE OF ORGANIZATION:

	Texas

		5	SOLE VOTING POWER:

NUMBER OF			45,000⁽¹⁾

SHARES		6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON			45,000⁽¹⁾

WITH:		8	SHARED DISPOSITIVE POWER:

			-0-

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

	45,000⁽¹⁾

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

	1.04%⁽²⁾

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

	PN

(1) Kevin C. Howe (“Mr. Howe”) exercises voting and disposition power over such shares on behalf of Mercury Management, L.L.C. (“Mercury Management”), the General Partner of Mercury Ventures, Ltd. (“Mercury Ventures”), which is the General Partner of Mercury Fund IV, Ltd. (“Mercury IV”).

(2) Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006.


CUSIP No.		25614R105		Page		3		of		12


1	NAMES OF REPORTING PERSONS: Mercury Fund V, Ltd.

	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
	27-0073981

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
	(a) o
	(b) o

3	SEC USE ONLY:



4	CITIZENSHIP OR PLACE OF ORGANIZATION:

	Texas

		5	SOLE VOTING POWER:

NUMBER OF			158,000⁽¹⁾

SHARES		6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON			158,000⁽¹⁾

WITH:		8	SHARED DISPOSITIVE POWER:

			-0-

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

	158,000⁽¹⁾

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

	3.64%⁽²⁾

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

	PN

(2) Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006.


CUSIP No.		25614R105		Page		4		of		12


1	NAMES OF REPORTING PERSONS: Mercury Ventures, Ltd.

	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
	75-2796235

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
	(a) o
	(b) o

3	SEC USE ONLY:



4	CITIZENSHIP OR PLACE OF ORGANIZATION:

	Texas

		5	SOLE VOTING POWER:

NUMBER OF			203,000⁽¹⁾

SHARES		6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON			203,000⁽¹⁾

WITH:		8	SHARED DISPOSITIVE POWER:

			-0-

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

	203,000⁽¹⁾

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

	4.67%⁽²⁾

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

	PN

(1) Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures, which is the General Partner of Mercury IV and Mercury V. Includes 45,000 shares owned by Mercury IV and 158,000 shares owned by Mercury V.

(2) Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006.


CUSIP No.		25614R105		Page		5		of		12


1	NAMES OF REPORTING PERSONS: Mercury Management, L.L.C.

	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
	75-2796232

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
	(a) o
	(b) o

3	SEC USE ONLY:



4	CITIZENSHIP OR PLACE OF ORGANIZATION:

	Texas

		5	SOLE VOTING POWER:

NUMBER OF			203,000⁽¹⁾

SHARES		6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON			203,000⁽¹⁾

WITH:		8	SHARED DISPOSITIVE POWER:

			-0-

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

	203,000⁽¹⁾

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

	4.67%⁽²⁾

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

	OO

(2) Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006.


CUSIP No.		25614R105		Page		6		of		12


1	NAMES OF REPORTING PERSONS: Kevin C. Howe

	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
	(a) o
	(b) o

3	SEC USE ONLY:



4	CITIZENSHIP OR PLACE OF ORGANIZATION:

	United States

		5	SOLE VOTING POWER:

NUMBER OF			210,112⁽¹⁾

SHARES		6	SHARED VOTING POWER:
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER:
REPORTING
PERSON			210,112⁽¹⁾

WITH:		8	SHARED DISPOSITIVE POWER:

			-0-

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

	210,112⁽¹⁾

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):

	4.84%⁽²⁾

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

	IN

(2) Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006, of which 1.04% are owned by Mercury IV, 3.64% are owned by Mercury V and .16% are owned by Mr. Howe directly.

*SEE INSTRUCTIONS BEFORE FILLING OUT!

TABLE OF CONTENTS


	Item 1(a). Name of Issuer
	Item 1(b). Address of Issuer’s Principal Executive Offices
	Item 2(a). Name of Person Filing
	Item 2(b). Address of Principal Business Office or, if None, Residence
	Item 2(c). Citizenship
	Item 2(d). Title of Class of Securities
	Item 2(e). CUSIP Number
	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
	Item 4. Ownership as of April 4, 2007
	Item 5. Ownership of Five Percent or Less of a Class:
	Item 6. Ownership of More than Five Percent on Behalf of Another Person:
	Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
	Item 8. Identification and Classification of Members of the Group:
	Item 9. Notice of Dissolution of Group:
	Item 10. Certification:
SIGNATURE
Joint Filing Agreement


CUSIP No.		25614R105		Page		7		of		12

Introduction

Pursuant to Rule 13d-1(k)(1) of the Securities Exchange Act of 1934, Mercury Fund IV, Ltd. (“Mercury IV”), Mercury Fund V, Ltd. (“Mercury V”), Mercury Ventures, Ltd. (“Mercury Ventures”), Mercury Management, L.L.C. (“Mercury Management”) and Kevin C. Howe (“Mr. Howe”) are making this joint filing on Schedule 13G.

Item 1(a). Name of Issuer:

Document Sciences Corporation, a Delaware corporation

Item 1(b). Address of Issuer’s Principal Executive Offices:

5958 Priestly Drive, Carlsbad, California 92008

Item 2(a). Name of Person Filing:

Mercury Fund IV, Ltd.

Mercury Fund V, Ltd.

Mercury Ventures, Ltd.

Mercury Management, L.L.C.

Kevin C. Howe

Item 2(b). Address of Principal Business Office or, if None, Residence:

The principal business office of Mercury IV, Mercury V, Mercury Ventures, Mercury Management and Mr. Howe is 5416 Arbor Hollow, McKinney, Texas 75070

Item 2(c). Citizenship:

Mercury IV’s place of organization is Texas

Mercury V’s place of organization is Texas

Mercury Ventures’ place of organization is Texas

Mercury Management’s place of organization is Texas

Mr. Howe is a citizen of the United States

Item 2(d). Title of Class of Securities:

Common Stock, $0.001 par value per share

Item 2(e). CUSIP Number:

25614R105


CUSIP No.		25614R105		Page		8		of		12

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:

Not Applicable.

Item 4. Ownership as of April 4, 2007:

Mercury IV


(a) Amount beneficially owned:	45,000	⁽¹⁾

(b) Percent of class:	1.04	%⁽²⁾

(c) Number of shares as to which the person has:

(i) Sole power to vote or direct the vote	45,000	⁽¹⁾

(ii) Shared power to vote or direct the vote	-0-

(iii) Sole power to dispose or to direct the disposition of	45,000	⁽¹⁾

(iv) Shared power to dispose or to direct the disposition of	-0-


⁽¹⁾ Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures, which is the General Partner of Mercury IV.

⁽²⁾ Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006.


CUSIP No.		25614R105		Page		9		of		12

Mercury V


(a) Amount beneficially owned:	158,000	⁽¹⁾

(b) Percent of class:	3.64	%⁽²⁾

(c) Number of shares as to which the person has:

(i) Sole power to vote or direct the vote	158,000	⁽¹⁾

(ii) Shared power to vote or direct the vote	-0-

(iii) Sole power to dispose or to direct the disposition of	158,000	⁽¹⁾

(iv) Shared power to dispose or to direct the disposition of	-0-


⁽¹⁾ Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures, which is the General Partner of Mercury V.

⁽²⁾ Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006.

Mercury Ventures


(a) Amount beneficially owned:	203,000	⁽¹⁾

(b) Percent of class:	4.67	%⁽²⁾

(c) Number of shares as to which the person has:

(i) Sole power to vote or direct the vote	203,000	⁽¹⁾

(ii) Shared power to vote or direct the vote	-0-

(iii) Sole power to dispose or to direct the disposition of	203,000	⁽¹⁾

(iv) Shared power to dispose or to direct the disposition of	-0-


⁽¹⁾ Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures, which is the General Partner of Mercury IV and Mercury V. Includes 45,000 shares owned by Mercury IV and 158,000 shares owned by Mercury V.

⁽²⁾ Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006, of which 1.04% are owned by Mercury IV and 3.64% are owned by Mercury V.


CUSIP No.		25614R105		Page		10		of		12

Mercury Management


(a) Amount beneficially owned:	203,000	⁽¹⁾

(b) Percent of class:	4.67	%⁽²⁾

(c) Number of shares as to which the person has:

(i) Sole power to vote or direct the vote	203,000	⁽¹⁾

(ii) Shared power to vote or direct the vote	-0-

(iii) Sole power to dispose or to direct the disposition of	203,000	⁽¹⁾

(iv) Shared power to dispose or to direct the disposition of	-0-


⁽¹⁾		Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures, which is the General Partner of Mercury IV and Mercury V. Includes 45,000 shares owned by Mercury IV and 158,000 shares owned by Mercury V.

⁽²⁾		Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006, of which 1.04% are owned by Mercury IV and 3.64% are owned by Mercury V.

Mr. Howe


(a) Amount beneficially owned:	210,112	⁽¹⁾

(b) Percent of class:	4.84	%⁽²⁾

(c) Number of shares as to which the person has:

(i) Sole power to vote or direct the vote	210,112	⁽¹⁾

(ii) Shared power to vote or direct the vote	-0-

(iii) Sole power to dispose or to direct the disposition of	210,112	⁽¹⁾

(iv) Shared power to dispose or to direct the disposition of	-0-


⁽¹⁾		Mr. Howe exercises voting and disposition power over such shares on behalf of Mercury Management, the General Partner of Mercury Ventures, which is the General Partner of Mercury IV and Mercury V. Includes 45,000 shares owned by Mercury IV, 158,000 shares owned by Mercury V and 7,112 shares owned by Mr. Howe directly.

⁽²⁾		Assumes a total of 4,343,864 shares of common stock outstanding based on Document Sciences Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006, of which 1.04% are owned by Mercury IV, 3.64% are owned by Mercury V and .16% are owned by Mr. Howe directly.

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. þ


CUSIP No.		25614R105		Page		11		of		12

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.

Item 8.		Identification and Classification of Members of the Group:

		The following lists each member of the group filing this Schedule 13G pursuant to Rule 13d-1(c):

		Mercury Fund IV, Ltd.

		Mercury Fund V, Ltd.

		Mercury Ventures, Ltd.

		Mercury Management, L.L.C.

		Kevin C. Howe

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.

[Remainder of Page Intentionally Left Blank]


CUSIP No.		25614R105		Page		12		of		12

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.


April 10, 2007	MERCURY FUND IV, LTD.

	By:	MERCURY VENTURES, LTD. General Partner

	By:	MERCURY MANAGEMENT, L.L.C. General Partner

		By:	/s/ Kevin C. Howe

		Name: Kevin C. Howe
		Title: Manager

April 10, 2007	MERCURY FUND V, LTD.

	By:	MERCURY VENTURES, LTD. General Partner

	By:	MERCURY MANAGEMENT, L.L.C. General Partner

		By:	/s/ Kevin C. Howe

		Name: Kevin C. Howe
		Title: Manager

April 10, 2007	MERCURY VENTURES, LTD.

	By:	MERCURY MANAGEMENT, L.L.C. General Partner

	By:	/s/ Kevin C. Howe

	Name:	Kevin C. Howe
	Title:	Manager

April 10, 2007	MERCURY MANAGEMENT, L.L.C.

	By:	/s/ Kevin C. Howe

	Name:	Kevin C. Howe
	Title:	Manager

April 10, 2007	/s/ Kevin C. Howe

	Name: Kevin C. Howe

EX-99.A 2 d45446exv99wa.htm JOINT FILING AGREEMENT exv99wa

EXHIBIT A
JOINT FILING AGREEMENT

SCHEDULE 13G
JOINT FILING AGREEMENT

This Agreement is dated as of April 10, 2007 by and between Mercury Fund IV, Ltd. (“Mercury IV”), Mercury Fund V, Ltd. (“Mercury V”), Mercury Ventures, Ltd. (“Mercury Ventures”), Mercury Management, L.L.C. (“Mercury Management”) and Kevin C. Howe (“Mr. Howe”).

WHEREAS, pursuant to paragraph (k)(1) of Rule 13d-1 promulgated under Section 13d(1) of the Securities Exchange Act of 1934, as amended (the “Act”), the parties hereto have decided to satisfy their filing obligations under the Act by a single joint filing.

NOW, THEREFORE, the undersigned do hereby agree as follows:

1. The Schedule 13G (the “Schedule 13G”) with respect to Document Sciences Corporation, a Delaware corporation, to which this Agreement is attached as Exhibit A is filed on behalf of Mercury IV, Mercury V, Mercury Ventures, Mercury Management and Mr. Howe. Mercury IV, Mercury V, Mercury Ventures and Mercury Management hereby authorize Mr. Howe to file the Schedule 13G on their behalf.

2. Each of Mercury IV, Mercury V, Mercury Ventures, Mercury Management and Mr. Howe is responsible for the completeness and accuracy of the information concerning such person or entity contained therein; provided that each person or entity is not responsible for the completeness or accuracy of the information concerning any other person or entity making such filing.

[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, the undersigned hereunto set their hands as of the date first above written.


MERCURY FUND IV, LTD.

By:	MERCURY VENTURES, LTD. General Partner

	By:	MERCURY MANAGEMENT, L.L.C. General Partner

		By:	/s/ Kevin C. Howe

		Name:	Kevin C. Howe
		Title:	Manager

MERCURY FUND V, LTD.

By:	MERCURY VENTURES, LTD. General Partner

	By:	MERCURY MANAGEMENT, L.L.C. General Partner

		By:	/s/ Kevin C. Howe

		Name:	Kevin C. Howe
		Title:	Manager

MERCURY VENTURES, LTD.

By:	MERCURY MANAGEMENT, L.L.C. General Partner

By:	/s/ Kevin C. Howe

Name:	Kevin C. Howe
Title:	Manager

MERCURY MANAGEMENT, L.L.C.

By:	/s/ Kevin C. Howe

Name:	Kevin C. Howe
Title:	Manager

/s/ Kevin C. Howe

Name: Kevin C. Howe

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents