-----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, WHqTSDbHCyDm5h8hvsWEYtuF9oTD6VpuhRar17+Guv5cKilo+u+myaCJkFwNiZIa VyjcdoY275f4r8FrNmxTWg== 0001047469-99-004013.txt : 19990210 0001047469-99-004013.hdr.sgml : 19990210 ACCESSION NUMBER: 0001047469-99-004013 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990209 GROUP MEMBERS: ANVEST, L.P GROUP MEMBERS: G. LEONARD BAKER, JR., WILLIAM H. YOUNGER GROUP MEMBERS: SUTTER HILL VENTURES GROUP MEMBERS: SUTTER HILL VENTURES, DAVID ANDERSON, TENCH COXE GROUP MEMBERS: TOW PARTNERS, PAUL M. WYTHES SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AKSYS LTD CENTRAL INDEX KEY: 0000902600 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 363890205 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-49959 FILM NUMBER: 99525726 BUSINESS ADDRESS: STREET 1: TWO MARRIOTT DR STREET 2: STE 300 CITY: LIBERTYVILLE STATE: IL ZIP: 60069 BUSINESS PHONE: 8472476051 MAIL ADDRESS: STREET 1: 1113 S MILWAUKEE AVE STREET 2: SUITE 300 CITY: LIBERTYVILLE STATE: IL ZIP: 60048 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUTTER HILL VENTURES CENTRAL INDEX KEY: 0000879051 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 755 PAGE MILL RD STREET 2: SUITE A200 CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 4154935600 MAIL ADDRESS: STREET 1: 755 PAGE MILL RD STREET 2: SUITE A200 CITY: PALO ALTO STATE: CA ZIP: 94304 SC 13G/A 1 SC 13G/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2 )* ------ Aksys, Ltd. ---------------------------------- (Name of Issuer) Common ---------------------------------- (Title of Class of Securities) 010196-10-3 ---------------------------------- (CUSIP Number) Check the following box if a fee is being paid with this statement / /. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *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 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). (Continued on following page(s)) Page 1 of 14 Pages CUSIP No. 010196-10-3 13G Page 2 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons 77-0287059 Sutter Hill Ventures, A California Limited Partnership - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 1,064,833 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With -------------------------------------------------- (7) Sole Dispositive Power 1,064,833 -------------------------------------------------- (8) Shared Dispositive Power - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,064,833 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 7.2 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 3 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons 77-0155181 TOW Partners, A California Limited Partnership - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 136,975 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With -------------------------------------------------- (7) Sole Dispositive Power 136,975 -------------------------------------------------- (8) Shared Dispositive Power - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 136,975 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) .9 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 4 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons ###-##-#### David L. Anderson - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 137,718 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With 1,064,833 -------------------------------------------------- (7) Sole Dispositive Power 137,718 -------------------------------------------------- (8) Shared Dispositive Power 1,064,833 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,202,551 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 8.1 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 5 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons ###-##-#### G. Leonard Baker, Jr. - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 141,918 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With 1,064,833 -------------------------------------------------- (7) Sole Dispositive Power 141,918 -------------------------------------------------- (8) Shared Dispositive Power 1,064,833 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,206,751 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 8.2 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 6 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons ###-##-#### William H. Younger, Jr. - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 118,924 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With 1,064,833 -------------------------------------------------- (7) Sole Dispositive Power 118,924 -------------------------------------------------- (8) Shared Dispositive Power 1,064,833 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,183,757 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 8.0 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 7 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons ###-##-#### Tench Coxe - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 37,787 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With 1,064,833 -------------------------------------------------- (7) Sole Dispositive Power 37,787 -------------------------------------------------- (8) Shared Dispositive Power 1,064,833 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,102,620 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 7.5 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 8 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons ###-##-#### Paul M. Wythes - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 136,975 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With 1,064,833 -------------------------------------------------- (7) Sole Dispositive Power 136,975 -------------------------------------------------- (8) Shared Dispositive Power 1,064,833 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,201,808 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 8.1 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* IN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 010196-10-3 13G Page 9 of 14 Pages - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons 77-0337953 Anvest, L.P. - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization USA - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 30,621 Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With -------------------------------------------------- (7) Sole Dispositive Power 30,621 -------------------------------------------------- (8) Shared Dispositive Power - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 30,621 - ------------------------------------------------------------------------------- (10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) .2 - ------------------------------------------------------------------------------- (12) Type of Reporting Person* PN - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 10 of 14 Pages ITEM 1(A). NAME OF ISSUER Aksys, Ltd. - ------------------------------------------------------------------------------- ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES Two Marriott Drive Lincolnshire, IL 60069 - ------------------------------------------------------------------------------- ITEM 2(A). NAME OF PERSON(S) FILING Exhibit A is hereby incorporated by reference - ------------------------------------------------------------------------------- ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE See Exhibit A - ------------------------------------------------------------------------------- ITEM 2(C). CITIZENSHIP See Exhibit A - ------------------------------------------------------------------------------- ITEM 2(D). TITLE OF CLASS OF SECURITIES Common - ------------------------------------------------------------------------------- ITEM 2(E). CUSIP NUMBER 010196-10-3 - ------------------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A N/A (a) / / Broker or Dealer registered under Section 15 of the Act (b) / / Bank as defined in section 3(a)(6) of the Act (c) / / Insurance Company as defined in section 3(a)(19) of the Act (d) / / Investment Company registered under section 8 of the Investment Company Act (e) / / Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) / / Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F) (g) / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) (Note: See Item 7) (h) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H) Page 11 of 14 Pages ITEM 4. OWNERSHIP (a) Amount Beneficially Owned: --------------------------------------------------------------------------- (b) Percent of Class: --------------------------------------------------------------------------- (A & B) - See Exhibit A which is hereby incorporated by reference and related pages 2 to 14 --------------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote ----------------------------------------------------------------- (ii) shared power to vote or to direct the vote ----------------------------------------------------------------- (iii) sole power to dispose or to direct the disposition of ----------------------------------------------------------------- (iv) shared power to dispose or to direct the disposition of ----------------------------------------------------------------- See Exhibit A and related pages 2 to 14 Messrs. Anderson, Baker, Younger, Coxe and Wythes are the managing directors of the general partner of Sutter Hill Ventures and as such share the voting and disposition powers over the shares held by the partnership. Mr. Wythes is the general partner of TOW Partners, and he has voting and disposition powers over shares held by the partnership. Mr. Anderson is the general partner of Anvest L.P., and has voting and disposition powers over the shares held by the partnership. ----------------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS N/A 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. / / ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON N/A - ------------------------------------------------------------------------------- ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY N/A - ------------------------------------------------------------------------------- ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP N/A - ------------------------------------------------------------------------------- ITEM 9. NOTICE OF DISSOLUTION OF GROUP N/A - ------------------------------------------------------------------------------- Page 12 of 14 Pages ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 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. We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us. SUTTER HILL VENTURES, A California Limited Partnership By: /s/ G. Leonard Baker, Jr. ----------------------------------- Title: Managing Director of the General Partner /s/ David L. Anderson -------------------------------------- David L. Anderson /s/ G. Leonard Baker, Jr. -------------------------------------- G. Leonard Baker, Jr. /s/ William H. Younger, Jr. -------------------------------------- William H. Younger, Jr. /s/ Tench Coxe -------------------------------------- Tench Coxe TOW Partners, A California Limited Partnership By: /s/ Paul M. Wythes ----------------------------------- Title: General Partner /s/ Paul M. Wythes -------------------------------------- Paul M. Wythes Anvest, L.P. By: /s/ David L. Anderson ----------------------------------- Title: General Partner Page 13 of 14 Pages KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints G. Leonard Baker, Jr., William H. Younger, Jr., Sherryl W. Hossack, as one of them as his true and lawful attorneys-in-fact and agents, with full power of substitution and re substitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Schedule 13G, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his substitutes, may lawfully do or cause to be done by virtue thereof. After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. 2/5/99 SUTTER HILL VENTURES, A California - --------------------------------- Limited Partnership Date By: /s/ G. Leonard Baker, Jr. ----------------------------------- Title: Managing Director of the General Partner /s/ David L. Anderson -------------------------------------- David L. Anderson /s/ G. Leonard Baker, Jr. -------------------------------------- G. Leonard Baker, Jr. /s/ William H. Younger, Jr. -------------------------------------- William H. Younger, Jr. /s/ Tench Coxe -------------------------------------- Tench Coxe TOW Partners, A California Limited Partnership By: /s/ Paul M. Wythes ----------------------------------- Title: General Partner /s/ Paul M. Wythes -------------------------------------- Paul M. Wythes Anvest, L.P. By: /s/ David L. Anderson ----------------------------------- Title: General Partner Page 14 of 14 Pages EXHIBIT A TO SCHEDULE 13G - AKSYS
Aggregate Number of Share Beneficially Owned --------------------------- % of Name of Originator Individual Aggregate Total Shares - ------------------ ---------- --------- ------------ Sutter Hill Ventures, A California Limited Partnership 1,064,833 7.2% TOW Partners, A California Limited Partnership 136,975 0.9% David L. Anderson 107,097 0.7% 1,202,551 8.1% Anvest, L.P. 30,621 0.2% G. Leonard Baker, Jr. 141,918 1.0% 1,206,751 8.2% William H. Younger, Jr. 118,924 0.8% 1,183,757 8.0% Tench Coxe 37,787 0.3% 1,102,620 7.5% Paul M. Wythes 0 0.0% 1,201,808 8.1%
The address for all of the above is: 755 Page Mill Road, Suite A -- 200, Palo Alto, CA 94304 The three partnerships are organized in California and the individuals are all U.S. citizens and residents. None of the above have been convicted in any criminal proceedings nor have they been subject to judgements, decrees, or final orders enjoining future violations of Federal or State securities laws. All of the parties are individuals in the venture capital business. -----END PRIVACY-ENHANCED MESSAGE-----