-----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, LXBK4KJtihUIhJIKpHxbScZUfAPqhEwQBqtR0UIquK9iqXvI9aNFYb5Ln7fyXJ3C w6VZuhz2GOxIcusv3ADS6w== 0000906344-97-000009.txt : 19970222 0000906344-97-000009.hdr.sgml : 19970222 ACCESSION NUMBER: 0000906344-97-000009 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970212 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ESCALON MEDICAL CORP CENTRAL INDEX KEY: 0000862668 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 330272839 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43154 FILM NUMBER: 97527544 BUSINESS ADDRESS: STREET 1: 182 TAMARACK CIRCLE CITY: SKILLMAN STATE: NJ ZIP: 08558 BUSINESS PHONE: 609497-9141 MAIL ADDRESS: STREET 1: 182 TAMARACK CIRCLE CITY: SKILLMAN STATE: NJ ZIP: 08558 FORMER COMPANY: FORMER CONFORMED NAME: INTELLIGENT SURGICAL LASERS INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOWARD RICE NEMEROVSKI CANADY ROBERTSON & FALK CENTRAL INDEX KEY: 0000906344 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3 EMBARCADERO CTR 7TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111-4065 BUSINESS PHONE: 4154341600 SC 13G/A 1 AMENDMENT NO. 3 TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) Escalon Medical Corp. (Name of Issuer) Common Stock, no par value (Title of Class of Securities) 457965-10-1 (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 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). -1- CUSIP No. 457965-10-1 SCHEDULE 13G Page 2 of 21 1 Name Of Reporting Person H&Q LIFE SCIENCE TECHNOLOGY FUND I IRS Identification No. Of Above Person 94-3051434 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* PN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 3 of 21 1 Name Of Reporting Person H&Q LIFE SCIENCE VENTURES IRS Identification No. Of Above Person 94-2969639 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* PN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 4 of 21 1 Name Of Reporting Person H&Q LST MANAGERS I IRS Identification No. Of Above Person 94-3051435 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* PN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 5 of 21 1 Name Of Reporting Person H&Q LSV MANAGERS IRS Identification No. Of Above Person 94-3069512 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* PN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 6 of 21 1 Name Of Reporting Person ROBERT FEENEY IRS Identification No. Of Above Person ###-##-#### 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* IN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 7 of 21 1 Name Of Reporting Person THH/RJK IRS Identification No. Of Above Person 94-3051436 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* PN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 8 of 21 1 Name Of Reporting Person THEO HEINRICHS IRS Identification No. Of Above Person ###-##-#### 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* IN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 9 of 21 1 Name Of Reporting Person ROBERT KUNZE IRS Identification No. Of Above Person ###-##-#### 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* IN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 10 of 21 1 Name Of Reporting Person HAMBRECHT & QUIST VENTURE PARTNERS IRS Identification No. Of Above Person 94-2949080 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* PN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 11 of 21 1 Name Of Reporting Person HAMBRECHT & QUIST CALIFORNIA IRS Identification No. Of Above Person 94-2856927 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization California 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* CO 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 12 of 21 1 Name Of Reporting Person HAMBRECHT & QUIST GROUP IRS Identification No. Of Above Person 94-3246636 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization Delaware 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* HC, CO 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 SCHEDULE 13G Page 13 of 21 1 Name Of Reporting Person WILLIAM R. HAMBRECHT IRS Identification No. Of Above Person ###-##-#### 2 Check The Appropriate Box If A Member Of A Group (a) [ ] (b) [x] 3 SEC USE ONLY 4 Citizenship Or Place Of Organization United States 5 Sole Voting Power -0- NUMBER OF 6 Shared Voting Power SHARES BENEFICIALLY 5,000 OWNED BY EACH REPORTING 7 Sole Dispositive Power PERSON WITH -0- 8 Shared Dispositive Power 5,000 9 Aggregate Amount Beneficially Owned By Each Reporting Person 5,000 10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares* [ ] 11 Percent Of Class Represented By Amount In Row 9 0.0% 12 Type Of Reporting Person* IN 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 14 of 21 Pages This Amendment No. 3 (the "Amendment") to Schedule 13G is being filed because of sales and purchases by certain reporting persons. Item 1(a). Name of Issuer. Escalon Medical Corp., formerly known as Intelligent Surgical Lasers, Inc. (the "Issuer"). Item 1(b). Address of Issuer's Principal Executive Offices. 182 Tamarack Circle, Skillman, NJ 08558. Item 2(a). Names of Persons Filing. Reference is made to Item 1 of each of the cover pages of this Amendment, which Items are incorporated by reference herein. Item 2(b). Address of Principal Business Office or, if none, Residence. The address of each reporting person is One Bush Street, San Francisco, California 94104. Item 2(c). Citizenship. Reference is made to Item 4 of each of the cover pages of this Amendment, which Items are incorporated by reference herein. Item 2(d). Title of Class of Securities. Common Stock, no par value ("Common Stock"). Item 2(e). CUSIP Number. 457965-10-1 Item 3. Type of Reporting Person. Not applicable. 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 15 of 21 Pages Item 4. Ownership. Reference is hereby made to Items 5-9 and 11 of each of the cover pages to this Amendment, which Items are incorporated by reference herein. At December 31, 1996, the following persons directly owned the following shares of Common Stock or warrants to acquire shares of Common Stock: Common Stock Warrants Directly Directly Person Owned Owned Total H&Q Life Science Technology Fund I -0- 5,000 5,000 H&Q Life Science -0- -0- Ventures -0- _____ ----- TOTAL -0- 5,000 5,000 === ===== ===== Because voting and investment decisions concerning the above securities may be made by or in conjunction with H&Q LST Managers I, H&Q LSV Managers, Robert Feeney, THH/RJK, Theo Heinrichs, Robert Kunze, Hambrecht & Quist Venture Partners, Hambrecht & Quist California, Group and William R. Hambrecht, each of the reporting persons may be deemed a member of a group that shares voting and dispositive power over all of the above securities. Although the reporting persons are reporting such securities as if they were members of a group, the filing of this Amendment shall not be construed as an admission by any reporting person that it is a beneficial owner of any securities other than those directly held by such reporting person. Under the definition of "beneficial ownership" in Rule 13d-3 under the Securities Exchange Act of 1934, it is also possible that the individual general partners of Hambrecht & Quist Venture Partners and/or the directors and executive officers of Hambrecht & Quist California or Hambrecht & Quist Group might be deemed the "beneficial owners" of some or all of the securities to which this Amendment relates in that they might be deemed to share the power to direct the voting and disposition of such securities. Neither the filing of this Amendment nor any of its contents shall be deemed to constitute an admission that any of such individuals is, for any purpose, the beneficial owner of any of the securities to which this Amendment 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 16 of 21 Pages relates, and such beneficial ownership is expressly disclaimed. 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 persons have ceased to be the beneficial owners of more than 5% of the Common Stock, check the following: [x] 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. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. Not applicable. 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 17 of 21 Pages Signatures After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: February 12, 1997. H&Q LIFE SCIENCE TECHNOLOGY ROBERT FEENEY FUND I By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact H&Q LIFE SCIENCE VENTURES THH/RJK By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact H&Q LST MANAGERS I THEO HEINRICHS By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact H&Q LSV MANAGERS ROBERT KUNZE By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 18 of 21 Pages HAMBRECHT & QUIST VENTURE HAMBRECHT & QUIST GROUP PARTNERS By: /s/ Jackie A. Berterretche By: /s/ Jackie A. Berterretche __________________________ ___________________________ Jackie A. Berterretche Jackie A. Berterretche Attorney-in-Fact Attorney-in-Fact HAMBRECHT & QUIST CALIFORNIA WILLIAM R. HAMBRECHT By: /s/ Jackie A. Berterretche By: /s/ Jackie A. Berterretche __________________________ ___________________________ Jackie A. Berterretche Jackie A. Berterretche Attorney-in-Fact Attorney-in-Fact 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 19 of 21 Pages EXHIBIT INDEX Exhibit A Joint Filing Undertaking Page 20 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 20 of 21 Pages EXHIBIT A JOINT FILING UNDERTAKING The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to the Amendment to evidence the agreement of the below-named parties, in accordance with rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Amendment and any subsequent amendment jointly on behalf of each of such parties. DATED: February 12, 1997. H&Q LIFE SCIENCE TECHNOLOGY ROBERT FEENEY FUND I By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact H&Q LIFE SCIENCE VENTURES THH/RJK By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact H&Q LST MANAGERS I THEO HEINRICHS By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact H&Q LSV MANAGERS ROBERT KUNZE By: /s/ Jackie A. Berterretche By: /s/ Eileen Thomas __________________________ ___________________________ Jackie A. Berterretche Eileen Thomas Attorney-in-Fact Attorney-in-Fact 020797/f-505404:/W1/324225 CUSIP No. 457965-10-1 13G Page 21 of 21 Pages HAMBRECHT & QUIST VENTURE HAMBRECHT & QUIST GROUP PARTNERS By: /s/ Jackie A. Berterretche By: /s/ Jackie A. Berterretche __________________________ ___________________________ Jackie A. Berterretche Jackie A. Berterretche Attorney-in-Fact Attorney-in-Fact HAMBRECHT & QUIST CALIFORNIA WILLIAM R. HAMBRECHT By: /s/ Jackie A. Berterretche By: /s/ Jackie A. Berterretche __________________________ ___________________________ Jackie A. Berterretche Jackie A. Berterretche Attorney-in-Fact Attorney-in-Fact 020797/f-505404:/W1/324225 -----END PRIVACY-ENHANCED MESSAGE-----