-----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, GJtaDtb0Nif38/DBi1YgAwT1aT1i4/VFzf5npjNqPyGaaIJumFXYwFUFzL1Eupeq VCRIVGDIIeioLoDQiZOpsQ== 0000950005-99-000552.txt : 19990615 0000950005-99-000552.hdr.sgml : 19990615 ACCESSION NUMBER: 0000950005-99-000552 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990614 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DELPHI INFORMATION SYSTEMS INC /DE/ CENTRAL INDEX KEY: 0000814549 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 770021975 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-38591 FILM NUMBER: 99645685 BUSINESS ADDRESS: STREET 1: 3501 ALGONQUIN RD STREET 2: STE 500 CITY: ROLLING MEADOWS STATE: IL ZIP: 60008 BUSINESS PHONE: 7085063100 MAIL ADDRESS: STREET 1: 3501ALGOUQUIN ROAD CITY: ROLLING MEADOWS STATE: IL ZIP: 60008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WILBUR GREGORY F CENTRAL INDEX KEY: 0001042677 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1151 BAY LAUREL DR CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 4153257779 MAIL ADDRESS: STREET 1: 1151 BAY LAUREL DR CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13D/A 1 FORM SC 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Amendment No. 1 Under the Securities Exchange Act of 1934 Delphi Information Systems, Inc. -------------------------------- (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 247171101 -------------- (CUSIP Number) Gregory F. Wilbur Bay Area Micro-Cap Management Company, LLC 1151 Bay Laurel Dr. Menlo Park, CA 94025 (650) 325-7779 ----------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 8, 1999 ------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [X] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7(b) for other parties to whom copies are to be sent. * 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 page(s)) Page 1 of 11 pages
CUSIP No. 247171101 13D Page 2 of 11 Pages - ------------------------------------------------------------------------------------------------------------------------------------ (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Bay Area Micro-Cap Fund, L.P. - ------------------------------------------------------------------------------------------------------------------------------------ (2) Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------------------------------------------------------------ (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------------------------------ (4) Source Of Funds* WC - ------------------------------------------------------------------------------------------------------------------------------------ (5) Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------------------------------ (6) Citizenship Or Place Of Organization California - ------------------------------------------------------------------------------------------------------------------------------------ Number Of Shares (7) Sole Voting Power Beneficially Owned By Each Reporting 1,162,900 Person With -------------------------------------------------------------- (8) Shared Voting Power 0 -------------------------------------------------------------- (9) Sole Dispositive Power 1,162,900 -------------------------------------------------------------- (10) Shared Dispositive Power 0 -------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 1,162,900 - ------------------------------------------------------------------------------------------------------------------------------------ (12) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------------------------------------------------------------ (13) Percent Of Class Represented By Amount In Row (11) 13.25% - ------------------------------------------------------------------------------------------------------------------------------------ (14) Type Of Reporting Person PN - ------------------------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 247171101 13D Page 3 of 11 Pages - ------------------------------------------------------------------------------------------------------------------------------------ (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Bay Area Micro-Cap Management Company, LLC - ------------------------------------------------------------------------------------------------------------------------------------ (2) Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------------------------------------------------------------ (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------------------------------ (4) Source Of Funds* AF - ------------------------------------------------------------------------------------------------------------------------------------ (5) Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------------------------------ (6) Citizenship Or Place Of Organization California - ------------------------------------------------------------------------------------------------------------------------------------ Number Of Shares (7) Sole Voting Power Beneficially Owned By Each Reporting 1,162,900 Person With -------------------------------------------------------------- (8) Shared Voting Power 0 -------------------------------------------------------------- (9) Sole Dispositive Power 1,162,900 -------------------------------------------------------------- (10) Shared Dispositive Power 0 -------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 1,162,900 - ------------------------------------------------------------------------------------------------------------------------------------ (12) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------------------------------------------------------------ (13) Percent Of Class Represented By Amount In Row (11) 13.25% - ------------------------------------------------------------------------------------------------------------------------------------ (14) Type Of Reporting Person CO - ------------------------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 247171101 13D Page 4 of 11 Pages - ------------------------------------------------------------------------------------------------------------------------------------ (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Smart & Holland Value Fund, L.P. - ------------------------------------------------------------------------------------------------------------------------------------ (2) Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------------------------------------------------------------ (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------------------------------ (4) Source Of Funds* WC - ------------------------------------------------------------------------------------------------------------------------------------ (5) Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------------------------------ (6) Citizenship Or Place Of Organization California - ------------------------------------------------------------------------------------------------------------------------------------ Number Of Shares (7) Sole Voting Power Beneficially Owned By Each Reporting 6,000 Person With -------------------------------------------------------------- (8) Shared Voting Power 0 -------------------------------------------------------------- (9) Sole Dispositive Power 6,000 -------------------------------------------------------------- (10) Shared Dispositive Power 0 -------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 6,000 - ------------------------------------------------------------------------------------------------------------------------------------ (12) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------------------------------------------------------------ (13) Percent Of Class Represented By Amount In Row (11) 0.06% - ------------------------------------------------------------------------------------------------------------------------------------ (14) Type Of Reporting Person PN - ------------------------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 247171101 13D Page 5 of 11 Pages - ------------------------------------------------------------------------------------------------------------------------------------ (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Gregory F. Wilbur - ------------------------------------------------------------------------------------------------------------------------------------ (2) Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------------------------------------------------------------ (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------------------------------ (4) Source Of Funds* PF, AF - ------------------------------------------------------------------------------------------------------------------------------------ (5) Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------------------------------ (6) Citizenship Or Place Of Organization U.S.A. - ------------------------------------------------------------------------------------------------------------------------------------ Number Of Shares (7) Sole Voting Power Beneficially Owned By Each Reporting 1,209,700 Person With -------------------------------------------------------------- (8) Shared Voting Power 0 -------------------------------------------------------------- (9) Sole Dispositive Power 1,209,700 -------------------------------------------------------------- (10) Shared Dispositive Power 0 -------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 1,209,700 - ------------------------------------------------------------------------------------------------------------------------------------ (12) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------------------------------------------------------------ (13) Percent Of Class Represented By Amount In Row (11) 13.78% - ------------------------------------------------------------------------------------------------------------------------------------ (14) Type Of Reporting Person IN - ------------------------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 247171101 13D Page 6 of 11 Pages - ------------------------------------------------------------------------------------------------------------------------------------ (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons William A. Smart III - ------------------------------------------------------------------------------------------------------------------------------------ (2) Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------------------------------------------------------------ (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------------------------------ (4) Source Of Funds* AF - ------------------------------------------------------------------------------------------------------------------------------------ (5) Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------------------------------ (6) Citizenship Or Place Of Organization U.S.A. - ------------------------------------------------------------------------------------------------------------------------------------ Number Of Shares (7) Sole Voting Power Beneficially Owned By Each Reporting 9,000 Person With -------------------------------------------------------------- (8) Shared Voting Power 1,162,900 -------------------------------------------------------------- (9) Sole Dispositive Power 9,000 -------------------------------------------------------------- (10) Shared Dispositive Power 1,162,900 -------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 1,171,900 - ------------------------------------------------------------------------------------------------------------------------------------ (12) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------------------------------------------------------------ (13) Percent Of Class Represented By Amount In Row (11) 13.35% - ------------------------------------------------------------------------------------------------------------------------------------ (14) Type Of Reporting Person IN - ------------------------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 247171101 13D Page 7 of 11 Pages - ------------------------------------------------------------------------------------------------------------------------------------ (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Peter L. Holland - ------------------------------------------------------------------------------------------------------------------------------------ (2) Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [X] - ------------------------------------------------------------------------------------------------------------------------------------ (3) SEC Use Only - ------------------------------------------------------------------------------------------------------------------------------------ (4) Source Of Funds* AF - ------------------------------------------------------------------------------------------------------------------------------------ (5) Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e): [ ] - ------------------------------------------------------------------------------------------------------------------------------------ (6) Citizenship Or Place Of Organization U.S.A. - ------------------------------------------------------------------------------------------------------------------------------------ Number Of Shares (7) Sole Voting Power Beneficially Owned By Each Reporting 0 Person With -------------------------------------------------------------- (8) Shared Voting Power 1,162,900 -------------------------------------------------------------- (9) Sole Dispositive Power 0 -------------------------------------------------------------- (10) Shared Dispositive Power 1,162,900 -------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned By Each Reporting Person 1,162,900 - ------------------------------------------------------------------------------------------------------------------------------------ (12) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------------------------------------------------------------ (13) Percent Of Class Represented By Amount In Row (11) 13.25% - ------------------------------------------------------------------------------------------------------------------------------------ (14) Type Of Reporting Person IN - ------------------------------------------------------------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT!
Page 8 of 11 Pages ITEM 1. SECURITY AND ISSUER Class of Securities: Common Stock Issuer: Delphi Information Systems, Inc. Principal Address: 3501 Algonquin Road, Suite 500 Rolling Meadows, IL 00008 ITEM 2. IDENTITY AND BACKGROUND (a)-(c) The undersigned hereby file this Schedule 13D Statement on behalf of Bay Area Micro-Cap Fund, L.P. ("BAMC Fund, L.P."), Bay Area Micro-Cap Management Company, LLC ("BAMC LLC"), Smart & Holland Value Fund, L.P. ("SHV Fund, L.P."), Gregory F. Wilbur ("GFW"), William A. Smart III ("WAS") and Peter L. Holland ("PLH"). The principal business and office address for BAMC Fund L.P., BAMC LLC, GFW, WAS and PLH is 1151 Bay Laurel Drive, Menlo Park, California, 94025. The principal business and office address for SHV Fund, L.P. is P.O. Box 742, Palo Alto, California 94302. BAMC Fund, L.P. is a venture capital fund. GFW is the majority managing member of BAMC LLC which is the general partner of BAMC Fund, L.P. WAS and PLH are managing members of BAMC LLC. WAS is the general partner of SHV Fund, L.P. (d)-(e) Not Applicable (f) BAMC Fund, L.P. and SHV Fund, L.P. are California limited partnerships. BAMC LLC is a California limited liability company. GFW, WAS and PLH are citizens of the United States. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The purchases by BAMC Fund, L.P. and SHV Fund, L.P. were made from working capital. The purchases by GFW and WAS were made from personal funds. ITEM 4. PURPOSE OF TRANSACTION The acquisitions of the securities of the Issuer by BAMC Fund, L.P., SHV Fund, L.P., GFW and WAS were made for investment. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER BAMC Fund L.P. holds warrants to purchase an aggregate of 173,000 shares of Common Stock. Such warrants are deemed outstanding for purposes of this Schedule 13D pursuant to Rule 13d-3(d). (a) BAMC Fund, L.P. is the beneficial owner of 1,162,900 shares of Common Stock, or approximately 13.25% of the shares deemed outstanding by the Issuer (8,772,664) as of June 8, 1999. BAMC Fund, L.P. purchased 17,500 shares on April 6, 1999, 1,600 shares on April 9, 1999, 2,000 shares on April 20, 1999, 17,700 shares on April 23, 1999, 9,000 shares on April 29, 1999, 37,000 shares on April 30, 1999, 5,500 shares on May 3, 1999, 5,000 shares on May 4, 1999, 5,000 shares on May 5, 1999, 9,000 shares on May 7, 1999, 5,000 shares on May 10, 1999, 30,000 shares on May 11, 1999, 20,000 shares on May 12, 1999, an aggregate of 45,000 shares on May 13, 1999, 40,000 shares on May 14, 1999, 40,000 shares on May 18, 1999, an aggregate of 7,000 shares on May 20, 1999, 5,000 shares on May 26, 1999, 2,000 shares on May 27, 1999, an aggregate of 29,000 shares on May 28, 1999, 16,000 shares on June 1, 1999, 15,000 shares on June 2, 1999, 9,800 shares on June 4, 1999 and 12,000 shares on June 7, 1999. SHV Fund, L.P. is the beneficial owner of 6,000 shares of Common Stock, or approximately .06% of the shares deemed outstanding by the Issuer (8,772,664) as of June 8, 1999. GFW beneficially owns 46,800 shares of Common Stock, or approximately .53% 8 Page 9 of 11 Pages of the shares deemed outstanding by the Issuer (8,772,664) as of June 8, 1999. WAS beneficially owns 3,000 shares of Common Stock, or approximately .03% of the shares deemed outstanding by the Issuer (8,772,664) as of June 8, 1999. (b) The general partner of BAMC Fund, L.P., BAMC LLC, manages the shares held by BAMC Fund, L.P. GFW as a managing member of BAMC LLC has the power to direct solely the vote and/or disposition of the shares held by BAMC Fund, L.P. WAS and PLH, acting together, have the power to direct the vote and/or disposition of the shares held by BAMC Fund, L.P. WAS as general partner of SHV Fund, L.P. has the power to direct solely the vote and/or disposition of the shares held by SHV Fund, L.P. GFW has sole power to direct the vote and/or disposition of the shares held by GFW. WAS has sole power to direct the vote and/or disposition of the shares held by WAS. (c) Transactions effected in the past 60 days by the persons listed in Item 2 are disclosed in (a) above. (d) Except as described in this Schedule 13D Statement, no person has the power to direct the receipt of dividends on or the proceeds of sales of the shares of Common Stock owned by BAMC Fund, L.P. (e) Not Applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO THE SECURITIES OF THE ISSUER To the best knowledge of the undersigned, there are no contracts, understandings, arrangements, or relationships (legal or otherwise) giving the persons named in Item 2 and between such persons and any other person with respect to the securities of Issuer, including, but not limited to, transfer or voting of any of the Issuer's securities, finder's fees, joint ventures, loan or option agreement, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies. ITEM 7. EXHIBITS Exhibit A: Joint Filing Statement. 9 Page 10 of 11 Pages 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. Bay Area Micro-Cap Fund, L.P. Smart & Holland Value Fund, L.P. By: Bay Area Micro-Cap Management Company, LLC By: /s/ William A. Smart III Its General Partner ---------------------------- General Partner By: /s/ Gregory F. Wilbur ---------------------------- Managing Member Bay Area Micro-Cap Management Company, LLC By: /s/ Gregory F. Wilbur -------------------------------- Managing Member /s/ Gregory F. Wilbur -------------------------------- Gregory F. Wilbur /s/ William A. Smart III -------------------------------- William A. Smart III /s/ Peter L. Holland -------------------------------- Peter L. Holland 10 EXHIBIT A Page 11 of 11 Pages Joint Filing Statement We, the undersigned, hereby express our agreement that the attached Schedule 13D is filed on behalf of each of us. Bay Area Micro-Cap Fund, L.P. Smart & Holland Value Fund, L.P. By: Bay Area Micro-Cap Management Company, LLC By: /s/ William A. Smart III Its General Partner ---------------------------- General Partner By: /s/ Gregory F. Wilbur ---------------------------- Managing Member Bay Area Micro-Cap Management Company, LLC By: /s/ Gregory F. Wilbur -------------------------------- Managing Member /s/ Gregory F. Wilbur -------------------------------- Gregory F. Wilbur /s/ William A. Smart III -------------------------------- William A. Smart III /s/ Peter L. Holland -------------------------------- Peter L. Holland 11 -----END PRIVACY-ENHANCED MESSAGE-----