-----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, SGl/dRzYcEARmynUmtPFSHxv0aB5ufSR5GT25GOzuwqlrXomSzFQ2zVAgcBbNfYs sJuWVTlOL0saDVFshK/2Nw== 0001104659-06-009547.txt : 20060214 0001104659-06-009547.hdr.sgml : 20060214 20060214163819 ACCESSION NUMBER: 0001104659-06-009547 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060214 DATE AS OF CHANGE: 20060214 GROUP MEMBERS: SIERRA VENTURES ASSOCIATES VII, LLC GROUP MEMBERS: SIERRA VENTURES VI, L.P. GROUP MEMBERS: SIERRA VENTURES VII, L.P. GROUP MEMBERS: SV ASSOCIATES V, L.P. GROUP MEMBERS: SV ASSOCIATES VI, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VERILINK CORP CENTRAL INDEX KEY: 0000774937 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 942857548 STATE OF INCORPORATION: DE FISCAL YEAR END: 0701 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50152 FILM NUMBER: 06616019 BUSINESS ADDRESS: STREET 1: 11551 E ARAPAHOE RD STREET 2: SUITE 150 CITY: CENTENNIAL STATE: CO ZIP: 80112-3833 BUSINESS PHONE: 303.968.3000 MAIL ADDRESS: STREET 1: 11551 E ARAPAHOE RD STREET 2: SUITE 150 CITY: CENTENNIAL STATE: CO ZIP: 80112-3833 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SIERRA VENTURES V LP CENTRAL INDEX KEY: 0001032617 IRS NUMBER: 943222153 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2884 SAND HILL RD STREET 2: STE 100 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6508541000 MAIL ADDRESS: STREET 1: 2884 SAND HILL RD STE 100 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 a06-4969_1sc13ga.htm AMENDMENT

 

 

UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION

OMB Number:
3235-0145

 

Washington, D.C. 20549

Expires:
December 31, 2005

 

SCHEDULE 13G

Estimated average burden hours per response. . 11

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)

 

VERILINK CORPORATION

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

923432 10 8

(CUSIP Number)

December 31, 2005

(Date of Event Which Requires Filing of this Statement)

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

o

Rule 13d-1(b)

ý

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. 923432 10 8

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sierra Ventures V, L.P., a California limited partnership (“Sierra Ventures V”)  94-3222153

 

 

2.

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

 

 

(a)

o

 

 

(b)

ý (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
California

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power

 

6.

Shared Voting Power
0 shares directly owned by Sierra Ventures V.

 

7.

Sole Dispositive Power

 

8.

Shared Dispositive Power
0 shares directly owned by Sierra Ventures V.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (See Item 4)

 

 

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)
0%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule is filed by Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, LLC (collectively, the “Sierra Entities”).  The Sierra Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

2



 

CUSIP No. 923432 10 8

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
SV Associates V, L.P., a California limited partnership (“SV Associates V”)  94-3222154

 

 

2.

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

 

 

(a)

o

 

 

(b)

ý (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
California

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power

 

6.

Shared Voting Power
0 shares directly owned by Sierra Ventures V.  SV Associates V is the general partner of Sierra Ventures V.

 

7.

Sole Dispositive Power

 

8.

Shared Dispositive Power
0 shares directly owned by Sierra Ventures V.  SV Associates V is the general partner of Sierra Ventures V.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (See Item 4)

 

 

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)
0%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule is filed by Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, LLC (collectively, the “Sierra Entities”).  The Sierra Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

3



CUSIP No. 923432 10 8

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sierra Ventures VI, L.P., a California limited partnership (“Sierra Ventures VI”)  94-3259091

 

 

2.

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

 

 

(a)

o

 

 

(b)

ý (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
California

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
0 shares directly owned by Sierra Ventures VI, L.P.

 

7.

Sole Dispositive Power
None

 

8.

Shared Dispositive Power
0 shares directly owned by Sierra Ventures VI, L.P.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares (See Item 4)

 

 

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)
0%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule is filed by Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, LLC (collectively, the “Sierra Entities”).  The Sierra Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

4



CUSIP No. 923432 10 8

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
SV Associates VI, L.P., a California limited partnership (“SV Associates VI”)  94-3259090

 

 

2.

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

 

 

(a)

o

 

 

(b)

ý (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
California

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
0 shares directly owned by Sierra Ventures VI.  SV Associates VI is the General Partner of Sierra Ventures VI.

 

7.

Sole Dispositive Power
None.

 

8.

Shared Dispositive Power
0 shares directly owned by Sierra Ventures VI.  SV Associates VI is the General Partner of Sierra Ventures VI.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (See Item 4)

 

 

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)
0%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule is filed by Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, LLC (collectively, the “Sierra Entities”).  The Sierra Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

5



CUSIP No. 923432 10 8

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sierra Ventures VII, L.P., a California limited partnership (“Sierra Ventures VII”)  94-3315644

 

 

2.

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

 

 

(a)

o

 

 

(b)

ý (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
California

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
0 shares directly owned by Sierra Ventures VII.

 

7.

Sole Dispositive Power
None

 

8.

Shared Dispositive Power
0 shares directly owned by Sierra Ventures VII.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (See Item 4)

 

 

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)
0%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


(1) This Schedule is filed by Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, LLC (collectively, the “Sierra Entities”).  The Sierra Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

6



CUSIP No. 923432 10 8

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sierra Ventures Associates VII, LLC, a California limited liability company (“SV Associates VII”)  94-3315643

 

 

2.

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

 

 

(a)

o

 

 

(b)

ý (1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
California

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
None

 

6.

Shared Voting Power
0 shares held by Sierra Ventures VII.  SV Associates VII is the general partner of Sierra Ventures VII.

 

7.

Sole Dispositive Power
None

 

8.

Shared Dispositive Power
0 shares held by Sierra Ventures VII.  SV Associates VII is the general partner of Sierra Ventures VII.

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
0 (See Item 4)

 

 

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)
0%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 


(1) This Schedule is filed by Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, LLC (collectively, the “Sierra Entities”).  The Sierra Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

7



 

STATEMENT ON SCHEDULE 13G

 

Item 1.

 

(a)

Name of Issuer
Verilink Corporation

 

(b)

Address of Issuer’s Principal Executive Offices
127 Jetplex Circle, Madison, AL 35758

 

Item 2.

 

(a)

Name of Person Filing
Sierra Ventures V, L.P.

SV Associates V, L.P.

Sierra Ventures VI, L.P.

SV Associates VI, L.P.

Sierra Ventures VII, L.P.

Sierra Ventures Associates VII, LLC

 

(b)

Address of Principal Business Office or, if none, Residence
c/o Sierra Ventures

2884 Sand Hill Road, Suite 100

Menlo Park, CA 94025

 

(c)

Citizenship
All entities were organized in California.

 

(d)

Title of Class of Securities
Common Stock

 

(e)

CUSIP Number
923432 10 8

 

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)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

o

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)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Not Applicable

 

8



 

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:   

0 shares of Common Stock. (1)

 

(b)

Percent of class:   

0%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

None

 

 

(ii)

Shared power to vote or to direct the vote    

0 shares of Common Stock. (1)

 

 

(iii)

Sole power to dispose or to direct the disposition of   

None

 

 

(iv)

Shared power to dispose or to direct the disposition of   

0 shares of Common Stock (1)

 


(1)           This Schedule 13G is being filed on behalf of Sierra Ventures V, L.P. a California limited partnership (“Sierra Ventures V”), SV Associates V, L.P., a California limited partnership (“SV Associates V”), Sierra Ventures VI, L.P., a California limited partnership (“Sierra Ventures VI”), SV Associates VI, L.P., a California limited partnership (“SV Associates VI”), Sierra Ventures VII, L.P. a California limited partnership (“Sierra Ventures VII”) and Sierra Ventures Associates VII, LLC, a California limited liability company (“SV Associates VII”) (collectively, “Sierra Ventures”).  Sierra Ventures is making this single, joint filing because it may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), although neither the fact of this joint filing nor anything contained herein shall be deemed an admission by Sierra Ventures that such a “group” exists.  The agreement among Sierra Ventures to file jointly (the “Joint Filing Agreement”) is attached hereto as Exhibit 1.

 

SV Associates V, SV Associates VI and SV Associates VII are the general partners of Sierra Ventures V, Sierra Ventures VI and Sierra Ventures VII, respectively.  Management of the business affairs of SV Associates V, SV Associates VI and SV Associates VII, including decisions respecting disposition and/or voting of the shares of Common Stock and the exercise of rights to acquire Common Stock, is by majority decision of the general partners or managers, as appropriate, of each of SV Associates V, SV Associates VI and SV Associates VII, respectively.  Each individual general partner and member disclaims beneficial ownership of the shares of Common Stock and rights to acquire such shares.

 

9



 

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   ý.

 

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 Group

Not Applicable

 

10



 

Item 10.

Certification

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.  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.

 

 

 

February 14, 2006

 

 

 

(Date)

 

 

 

 

 

 

 

 

SIERRA VENTURES V, L.P.

 

 

 

By: SV Associates V, L.P.

 

 

Its General Partner

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

 

 

 

 

 

 

SV ASSOCIATES V, L.P.

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

 

 

 

 

 

 

SIERRA VENTURES VI, L.P.

 

 

 

 

 

By: SV Associates VI, L.P.

 

 

Its General Partner

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

 

 

 

 

 

 

SV ASSOCIATES VI, L.P.

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

11



 

 

SIERRA VENTURES VII, L.P.

 

 

 

By: Sierra Ventures Associates VII, L.L.C.

 

Its General Partner

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

Title: Managing Member

 

 

 

 

 

SIERRA VENTURES ASSOCIATES VII,
L.L.C.

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

Title: Managing Member

 

12



 

Exhibit 1

 

JOINT FILING AGREEMENT

 

This  Agreement is dated as of August 24, 2004 among Sierra Ventures V, L.P., SV Associates V, L.P., Sierra Ventures VI, L.P., SV Associates VI, L.P., Sierra Ventures VII, L.P., and Sierra Ventures Associates VII, L.L.C. (collectively, the “Reporting Persons”).

 

WITNESSETH

 

WHEREAS, the Reporting Persons may be required to file a statement, and amendments thereto, containing the information required by Schedule 13G pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 13d-1 promulgated thereunder, in connection with the acquisition of shares of capital stock of Verilink Corporation, a Delaware corporation; and

 

WHEREAS, pursuant to Paragraph (k) of Rule 13d-1, the undersigned desire to satisfy any Schedule 13G filing obligation under Rule 13d-1 by a single joint filing.

 

NOW, THEREFORE, in consideration of the foregoing, the undersigned hereto agree as follows:

 

1. The undersigned agree that any Statement on Schedule 13G to which this Agreement is attached, and any amendments to such Statement, are filed on behalf of each one of them.

 

2. This Agreement may be executed in any number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument.

 

IN WITNESS WHEREOF, the undersigned have caused this Agreement to be duly executed and delivered on the date above indicated.

 

 

SIERRA VENTURES V, L.P.

 

 

 

By: SV Associates V, L.P.

 

Its General Partner

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

 

 

 

 

 

 

SV ASSOCIATES V, L.P.

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

13



 

 

SIERRA VENTURES VI, L.P.

 

 

 

 

 

By: SV Associates VI, L.P.

 

 

Its General Partner

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

 

 

 

 

 

 

SV ASSOCIATES VI, L.P.

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: General Partner

 

 

 

 

 

 

 

 

SIERRA VENTURES VII, L.P.

 

 

 

 

 

By: Sierra Ventures Associates VII, L.L.C.

 

 

Its General Partner

 

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: Managing Member

 

 

 

 

 

 

 

 

SIERRA VENTURES ASSOCIATES VII, L.L.C.

 

 

 

 

 

 

 

By:

/s/ Jeffrey M. Drazan

 

 

Name: Jeffrey M. Drazan

 

 

Title: Managing Member

 

 

14


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