-----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, TSW1/wqyl82dvLbRlGXmvwHBxnfwDnQFYB3LelIdoW+OcvtSmvkkVdZ3Bf+47rnX a2kNOVSuA3FzLW2NB0TiOw== 0000950005-98-000223.txt : 19980218 0000950005-98-000223.hdr.sgml : 19980218 ACCESSION NUMBER: 0000950005-98-000223 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980217 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: POWER INTEGRATIONS INC CENTRAL INDEX KEY: 0000833640 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943065014 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52867 FILM NUMBER: 98542325 BUSINESS ADDRESS: STREET 1: 477 NORTH MATHILDA AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4085239210 MAIL ADDRESS: STREET 1: 477 NORTH MATHILDA AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94086 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MOHR DAVIDOW VENTURES II/WHD LGM PARTNERS/ ET AL CENTRAL INDEX KEY: 0000903353 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3000 SAND HILL RD., BLDG 1 STREET 2: SUITE 240 CITY: MENLO PARK STATE: CA ZIP: 94025 MAIL ADDRESS: STREET 1: 600 HANSEN WAY 2ND FLOOR CITY: PALO ALTO STATE: CA ZIP: 94304 SC 13G 1 FORM SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) (Amendment No._______)* Power Integrations, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 739276103 - -------------------------------------------------------------------------------- (CUSIP Number) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on following pages) Page 1 of 12 Pages Exhibit Index Contained on Page 11
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 739276103 13 G Page 2 of 12 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Mohr, Davidow Ventures II, A California Limited Partnership ("MDV II") Tax ID Number: 94-3037255 - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 1,019,777 shares, except that WHD/LGM Partners, the general partner of REPORTING MDV II, and Messrs. Mohr, Davidow, and Feiber, the general partners of PERSON WITH WHD/LGM Partners, may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,019,777 shares, except that WHD/LGM Partners, the general partner of MDV II, and Messrs. Mohr, Davidow, and Feiber, the general partners of WHD/LGM Partners, may be deemed to have shared power to dispose of these shares. -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,019,777 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.89% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 739276103 13 G Page 3 of 12 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) WHD/LGM Partners, A California Limited Partnership ("WHD/LGM Partners") Tax ID Number: 94-3035845 - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 0 shares REPORTING PERSON WITH -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER 1,019,777 shares, of which all are directly owned by MDV II. WHD/LGM Partners is the general partner of MDV II and may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,019,777 shares, of which all are directly owned by MDV II. WHD/LGM Partners is the general partner of MDV II and may be deemed to have shared power to dispose of these shares. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,019,777 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.89% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 739276103 13 G Page 4 of 12 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lawrence G. Mohr, Jr. ("Mohr") Tax ID Number: ###-##-#### - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 0 shares REPORTING PERSON WITH -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER 1,019,777 shares, of which all are directly owned by MDV II. Mohr is a general partner of WHD/LGM Partners, the general partner of MDV II, and may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,019,777 shares, of which all are directly owned by MDV II. Mohr is a general partner of WHD/LGM Partners, the general partner of MDV II, and may be deemed to have shared power to dispose of these shares. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,019,777 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.89% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 739276103 13 G Page 5 of 12 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) William H. Davidow ("Davidow") Tax ID Number: ###-##-#### - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 15,000 shares, issuable upon the exercise of stock options. REPORTING PERSON WITH -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER 1,019,777 shares, of which all are directly owned by MDV II. Davidow is a general partner of WHD/LGM Partners, the general partner of MDV II, and may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 15,000 shares, issuable upon the exercise of stock options. -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,019,777 shares, of which all are directly owned by MDV II. Davidow is a general partner of WHD/LGM Partners, the general partner of MDV II, and may be deemed to have shared power to dispose of these shares. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,034,777 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.02% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 739276103 13 G Page 6 of 12 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Jonathan D. Feiber ("Feiber") Tax ID Number: ###-##-#### - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY EACH 0 shares REPORTING PERSON WITH -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER 1,019,777 shares, of which all are directly owned by MDV II. Feiber is a general partner of WHD/LGM Partners, the general partner of MDV II, and may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,019,777 shares, of which all are directly owned by MDV II. Feiber is a general partner of WHD/LGM Partners, the general partner of MDV II, and may be deemed to have shared power to dispose of these shares. - ----------- -------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,019,777 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.89% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 12 Pages ITEM 1(a). NAME OF ISSUER: Power Integrations, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 477 N. Mathilda Avenue Sunnyvale, CA 94086 (408) 523-9200 ITEM 2(a). NAME OF PERSON FILING: This statement is filed by Mohr, Davidow Ventures II, A California Limited Partnership ("MDV II"), WHD/LGM Partners, A California Limited Partnership ("WHD/LGM Partners"), Lawrence G. Mohr, Jr. ("Mohr"), William H. Davidow ("Davidow"), and Jonathan D. Feiber ("Feiber"). The foregoing entities and individuals are collectively referred to as the "Reporting Persons". WHD/LGM Partners is the general partner of MDV II, and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by MDV II. Mohr, Davidow, and Feiber are the general partners of WHD/LGM Partners, and may be deemed to have shared power to vote and shared power to dispose of the shares of issuer directly owned by MDV II. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE: The address of the principal business office for each of the Reporting Persons is: Mohr, Davidow Ventures 2775 Sand Hill Road, Suite 240 Menlo Park, CA 94025 ITEM 2(c) CITIZENSHIP: MDV II and WHD/LGM Partners are California limited partnerships and Mohr, Davidow, and Feiber are United States citizens. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(e). CUSIP NUMBER: 739276103 ITEM 3. Not Applicable Page 8 of 12 Pages ITEM 4. OWNERSHIP: The following information with respect to the ownership of the Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 1997: (a) Amount beneficially owned: See Row 9 of cover page for each Reporting Person. (b) Percent of Class: See Row 11 of cover page for each Reporting Person. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person. (ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person. (iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person. (iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person. Page 9 of 12 Pages ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Under certain circumstances set forth in the limited partnership agreements of MDV II and WHD/LGM Partners, the general and limited partners of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner. 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: Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable ITEM 10. CERTIFICATION: Not applicable Page 10 of 12 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 10, 1998 /s/ William H. Davidow -------------------------------------- William H. Davidow /s/ Jonathan D. Feiber -------------------------------------- Jonathan D. Feiber, individually and on behalf of MDV II in his capacity as a general partner of WHD/LGM Partners, the general partner of MDV II, and on behalf of WHD/LGM Partners in his capacity as a general partner thereof. /s/ Lawrence G. Mohr, Jr. -------------------------------------- Lawrence G. Mohr, Jr. Page 11 of 12 Pages EXHIBIT INDEX Found on Sequentially Exhibit Numbered Page Exhibit A: Agreement of Joint Filing 12 Page 12 of 12 Pages EXHIBIT A Agreement of Joint Filing The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of Power Integrations, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G. Date: February 10, 1998 /s/ William H. Davidow -------------------------------------- William H. Davidow /s/ Jonathan D. Feiber -------------------------------------- Jonathan D. Feiber, individually and on behalf of MDV II in his capacity as a general partner of WHD/LGM Partners, the general partner of MDV II, and on behalf of WHD/LGM Partners in his capacity as a general partner thereof. /s/ Lawrence G. Mohr, Jr. -------------------------------------- Lawrence G. Mohr, Jr. -----END PRIVACY-ENHANCED MESSAGE-----