-----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, URLttMWmxOG1/Btjwb+AjPEZK+FaxIhXTIR99dQwB7rXzaPvBdWb2PAjYOcGs851 cr/oKvi9x3sbALsOROXyJw== 0000950135-98-000585.txt : 19980211 0000950135-98-000585.hdr.sgml : 19980211 ACCESSION NUMBER: 0000950135-98-000585 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19980210 SROS: NONE GROUP MEMBERS: CANAAN CAPITAL LIMITED PARTNERSHIP GROUP MEMBERS: CANAAN CAPITAL MANAGEMENT L.P. GROUP MEMBERS: CANAAN CAPITAL OFFSHORE LIMITED PARTNERSHIP, C.V GROUP MEMBERS: CANAAN CAPITAL PARTNERS L.P. GROUP MEMBERS: CANAAN CAPITAL PFFSHORE MANAGEMENT, N.V. GROUP MEMBERS: DEEPAK KAMRA GROUP MEMBERS: ERIC A. YOUNG GROUP MEMBERS: GREGORY KOPCHINSKY GROUP MEMBERS: HARRY T. REIN GROUP MEMBERS: JAMES J. FITZPATRICK GROUP MEMBERS: ROBERT MIGLIORINO GROUP MEMBERS: STEPHEN L. GREEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMPUTRON SOFTWARE INC CENTRAL INDEX KEY: 0000947427 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 132966911 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48761 FILM NUMBER: 98527827 BUSINESS ADDRESS: STREET 1: MEADOWS OFFICE COMPLEX STREET 2: 301 RT 17 NORTH CITY: RUTHERFORD STATE: NJ ZIP: 07070 BUSINESS PHONE: 2019353400 MAIL ADDRESS: STREET 1: MEADOWS OFFICE COMPLEX STREET 2: 301 ROUTE 17 NORTH CITY: RUTHERFORD STATE: NJ ZIP: 07070 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CANAAN CAPITAL LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0001012797 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 105 ROWAYTON AVE CITY: ROWAYTON STATE: CT ZIP: 06853 BUSINESS PHONE: 2038550400 MAIL ADDRESS: STREET 1: CANAAN CAPITAL LIMITED PARTNERSHIP STREET 2: 105 ROWAYTON AVE CITY: ROWAYTON STATE: CT ZIP: 06853 SC 13G/A 1 CANAAN CAPITAL L.P. "COMPUTRON SOFTWARE INC." 1 OMB APPROVAL OMB Number: 3235-0145 Expires: December 31, 1997 Estimated average burden hours per response . . .14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. TWO )* Computron Software, Inc. (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 205631104 (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). Page 1 of 24 pages 2 CUSIP NO. 205631104 13G PAGE 2 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Canaan Capital Limited Partnership - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 345,646 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,884,715 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 345,646 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,884,715 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 24 pages 3 CUSIP NO. 205631104 13G PAGE 3 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Canaan Capital Offshore Limited Partnership, C.V. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Netherlands Antilles Limited Partnership - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 2,884,715 SHARES ----------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 345,646 REPORTING ----------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER 2,884,715 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 345,646 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 24 pages 4 CUSIP NO. 205631104 13G PAGE 4 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Canaan Capital Management L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 24 pages 5 CUSIP NO. 205631104 13G PAGE 5 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Canaan Capital Offshore Management, N.V. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Netherlands Antilles Corporation - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 2,884,715 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,884,715 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,884,715 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.8% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 24 pages 6 CUSIP NO. 205631104 13G PAGE 6 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Canaan Capital Partners L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 24 pages 7 CUSIP NO. 205631104 13G PAGE 7 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Harry T. Rein - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 24 pages 8 CUSIP NO. 205631104 13G PAGE 8 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James J. Fitzpatrick - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 24 pages 9 CUSIP NO. 205631104 13G PAGE 9 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Stephen L. Green - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 24 pages 10 CUSIP NO. 205631104 13G PAGE 10 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Deepak Kamra - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 24 pages 11 CUSIP NO. 205631104 13G PAGE 11 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Gregory Kopchinsky - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 7,750 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 7,750 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,238,111 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 24 pages 12 CUSIP NO. 205631104 13G PAGE 12 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robert Migliorino - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,750 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 3,750 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,234,111 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 24 pages 13 CUSIP NO. 205631104 13G PAGE 13 OF 24 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Eric A. Young - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 NUMBER OF ----------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 3,230,361 EACH ----------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,230,361 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,230,361 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 24 pages 14 Item 1(a). Name of Issuer Computron Software, Inc. Item 1(b). Address of Issuer's Principal Executive Offices 301 Route 17 North, 12th Floor Rutherford, NJ 07070 Item 2(a). Name of Person Filing This statement is filed by Canaan Capital Limited Partnership, a Delaware limited partnership, ("Canaan Capital"), Canaan Capital Offshore Limited Partnership C.V., a Netherlands Antilles limited partnership, ("Canaan Capital Offshore"), Canaan Capital Management L.P. , a Delaware limited partnership, ("Canaan Capital Management"), Canaan Capital Offshore Management, N.V., a Netherlands Antilles corporation ("Canaan Corporation"), Canaan Capital Partners L.P., a Delaware limited partnership, ("Canaan Partners") and Harry T. Rein, James J. Fitzpatrick, Deepak Kamra, Stephen L. Green, Gregory Kopchinsky, Robert J. Migliorino, and Eric A. Young (collectively, the "Partners"). Canaan Capital Management (which serves as the sole general partner of Canaan Capital and one of the two general partners of Canaan Capital Offshore), Canaan Corporation (which serves as the other general partner of Canaan Capital Offshore), Canaan Partners (which serves as the general partner of Canaan Capital Management), and the Partners (who serve as general partners of Canaan Partners), are collectively referred to as the "Reporting Persons" in this Schedule 13G. Item 2(b). Address of Principal Business Office or, if None, Residence Except in the case of Canaan Capital Offshore, Canaan Corporation, Deepak Kamra and Eric A. Young, the principal business address of the Reporting Persons is 105 Rowayton Avenue, Rowayton, CT 06853. The principal address of Canaan Capital Offshore and Canaan Corporation is c/o ABN Trustcompany, Pietermaai 15, Curacao, the Netherlands Antilles. The principal business address of Deepak Kamra and Eric A. Young is 2884 Sand Hill Road, Suite 115, Menlo Park, CA 94025. Item 2(c). Citizenship Each of Canaan Capital, Canaan Capital Management and Canaan Partners is a limited partnership organized under the laws of Delaware. Canaan Capital Offshore is a limited partnership and Canaan Corporation is a corporation, each organized under the laws of the Netherlands Antilles. Each of the Partners are citizens of the United States. Page 14 of 24 15 Item 2(d). Title of Class of Securities This Schedule 13G report relates to the Common Stock, par value $.01 ("Common Stock") of Computron Software, Inc. ("the Company"). Item 2(e). CUSIP Number CUSIP number 205631104. Item 3. If this statement if filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is 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 13d-1(b)(1)(ii)(F), (g) __ Parent Holding Company, in accordance with Rule 13d-1(b)(ii) (G); see Item 7, (h) __ Group, in accordance with Rule 13d-1(b)(1)(ii)(H). Not Applicable Item 4. Ownership (a) Canaan Capital owns 345,646 shares of Common Stock and Canaan Capital Offshore owns 2,884,715 shares of Common Stock. All other Reporting Persons hold their respective beneficially owned shares due to their relationships to the above Partnerships as outlined in Item 2. In addition, Mr. Kopchinsky owns 4,000 shares of Common Stock and options to purchase 3,750 shares of Common Stock at $1.00 per share as an individual. Mr. Migliorino owns options to purchase 3,750 shares of Common Stock at $1.00 per share as an individual. (b) By virtue of their common control, Canaan Capital and Canaan Capital Offshore each may be deemed to be the beneficial owners of 3,230,361 shares of Common Stock, representing beneficial ownership of 15.5% of the Company. Canaan Capital Management, by virtue of its status as general partner of Canaan Capital and Canaan Capital Offshore, may be deemed to be the beneficial owner of 3,230,361 shares, representing beneficial ownership of 15.5%. Canaan Corporation, by virtue of its status as a general partner of Canaan Capital Offshore, may be deemed to be the beneficial owner of 2,884,715 shares, representing beneficial ownership of 13.8%. By virtue of its status as general partner of Canaan Capital Management, Canaan Partners may be Page 15 of 24 pages 16 deemed to be the beneficial owner of 3,230,361 shares, representing beneficial ownership of 15.5%. By virtue of their status as general partners of Canaan Partners, the Partners may each be deemed to be the beneficial owner of 3,230,361 shares representing in the case of each Partner, beneficial ownership of 15.5%. In addition, Messrs. Kopchinsky and Migliorino own additional shares as outlined in (a) above which does not change their respective percentage of ownership. The foregoing percentages are calculated based on the 20,839,780 shares of Common Stock reported to be outstanding in the Quarterly Report on Form 10-Q of the Issuer for the quarter ended September 30, 1997.
NUMBER OF SHARES ------------------------------------------------------------------------ (c) Reporting Person (i) (ii) (iii) (iv) ---------------- --------- --------- --------- --------- Canaan Capital 345,646 2,884,715 345,646 2,884,715 Canaan Capital Offshore 2,884,715 345,646 2,884,715 345,646 Canaan Capital Management 0 3,230,361 0 3,230,361 Canaan Corporation 0 2,884,715 0 2,884,715 Canaan Partners 0 3,230,361 0 3,230,361 Harry T. Rein 0 3,230,361 0 3,230,361 James J. Fitzpatrick 0 3,230,361 0 3,230,361 Stephen L. Green 0 3,230,361 0 3,230,361 Deepak Kamra 0 3,230,361 0 3,230,361 Gregory Kopchinsky 7,750 3,230,361 7,750 3,230,361 Robert J. Migliorino 3,750 3,230,361 3,750 3,230,361 Eric A. Young 0 3,230,361 0 3,230,361
(i) Sole power to vote or 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 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 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 Each of the Reporting Persons expressly disclaims membership in a "Group" as defined Page 16 of 24 pages 17 in Rule 13d-1(b)(ii)(H). Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification Not applicable. This Schedule 13G is not filed pursuant to Rule 13d-1(b). DATE: February 10, 1998 Page 17 of 24 pages 18 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Canaan Capital Limited Partnership By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ---------------------------------------------- General Partner Canaan Capital Offshore Limited Partnership C. V. By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ---------------------------------------------- General Partner Canaan Capital Management L. P. By: Canaan Capital Partners L.P. Its General Partner By: * ---------------------------------------------- General Partner Canaan Capital Offshore Management, N.V. By: * ---------------------------------------------- Director Canaan Capital Partners L.P. By: * ---------------------------------------------- General Partner Page 18 of 24 pages 19 * - ---------------------------------------------- Harry T. Rein * - ---------------------------------------------- James J. Fitzpatrick * - ---------------------------------------------- Stephen L. Green * - ---------------------------------------------- Deepak Kamra * - ---------------------------------------------- Gregory Kopchinsky * - ---------------------------------------------- Robert J. Migliorino * - ---------------------------------------------- Eric A. Young *By: /s/ Guy M. Russo ------------------------ Guy M. Russo Attorney-in-Fact - -------------------------------------------------------------------------------- This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a copy of which is filed herewith as Exhibit 2. Page 19 of 24 pages EX-99.1 2 JOINT FILING AGREEMENT 1 Exhibit 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as amended, the undersigned agree that only one statement containing the information required by Schedule 13G need be filed by each of the undersigned with respect to the ownership by each of the undersigned of shares of stock of Computron Software, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original. Canaan Capital Limited Partnership By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ---------------------------------------------- General Partner Canaan Capital Offshore Limited Partnership C. V. By: Canaan Capital Management L. P. Its General Partner By: Canaan Capital Partners L.P. Its General Partner By: * ---------------------------------------------- General Partner Canaan Capital Management L. P. By: Canaan Capital Partners L.P. Its General Partner By: * ---------------------------------------------- General Partner Canaan Capital Offshore Management, N.V. By: * ---------------------------------------------- Director Page 20 of 24 pages 2 Canaan Capital Partners L.P. By: * ---------------------------------------------- General Partner * - ------------------------------------------------- Harry T. Rein * - ------------------------------------------------- James J. Fitzpatrick * - ------------------------------------------------- Stephen L. Green * - ------------------------------------------------- Deepak Kamra * - ------------------------------------------------- Gregory Kopchinsky * - ------------------------------------------------- Robert J. Migliorino * - ------------------------------------------------- Eric A. Young *By: /s/ Guy M. Russo ------------------------ Guy M. Russo Attorney-in-Fact - -------------------------------------------------------------------------------- This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a copy of which is filed herewith as Exhibit 2. Page 21 of 24 pages EX-99.2 3 POWER OF ATTORNEY 1 Exhibit 2 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Guy M. Russo his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities (until revoked in writing) to sign any and all instruments, certificates and documents required to be executed on behalf of himself as an individual or in his capacity as a general partner or authorized signatory, as the case may be, on behalf of any of Canaan Capital Limited Partnership; Canaan Capital Offshore Limited Partnership C.V.; Canaan Capital Offshore Management, N.V.; Canaan Capital Management L.P. or Canaan Capital Partners, L.P. pursuant to the Securities Act of 1933, as amended, (the "Securities Act"), or the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Securities Act, the Exchange Act or by the By-laws of the National Association of Securities Dealers, Inc., granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary fully to all intents and purposes as he might or could do in person thereby, and ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof, or may have done in connection with the matters described above. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Page 22 of 24 pages 2 IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 29th day of January, 1998. CANAAN CAPITAL LIMITED PARTNERSHIP By: Canaan Capital Management, L.P. Its General Partner By: Canaan Capital Partners, L.P. Its General Partner By: /s/ Harry T. Rein --------------------------------------------- General Partner CANAAN CAPITAL OFFSHORE LIMITED PARTNERSHIP C.V. By: Canaan Capital Management, L.P. Its General Partner By: Canaan Capital Partners, L.P. Its General Partner By: /s/ Harry T. Rein --------------------------------------------- General Partner CANAAN CAPITAL OFFSHORE MANAGEMENT, N.V. By: /s/ Harry T. Rein --------------------------------------------- Director CANAAN CAPITAL MANAGEMENT, L.P. By: Canaan Capital Partners, L.P. Its General Partner By: /s/ Harry T. Rein --------------------------------------------- General Partner CANAAN CAPITAL PARTNERS, L.P. By: /s/ Harry T. Rein --------------------------------------------- General Partner Page 23 of 24 pages 3 /s/ Harry T. Rein - --------------------------------------------- Harry T. Rein /s/ James J. Fitzpatrick - --------------------------------------------- James J. Fitzpatrick /s/ Stephen L. Green - --------------------------------------------- Stephen L. Green /s/ Deepak Kamra - --------------------------------------------- Deepak Kamra /s/ Gregory Kopchinsky - --------------------------------------------- Gregory Kopchinsky /s/ Robert J. Migliorino - --------------------------------------------- Robert J. Migliorino /s/ Eric A. Young - --------------------------------------------- Eric A. Young Page 24 of 24 pages -----END PRIVACY-ENHANCED MESSAGE-----