-----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, IWejJylWAKo8Uk9HGySUuyddqQdZebJPtnAgvGEfZHBWW0I0M2QeWkOECBSr8BNx 6JQMTtenJyth1Nfprl4PiQ== 0001004271-00-000003.txt : 20000203 0001004271-00-000003.hdr.sgml : 20000203 ACCESSION NUMBER: 0001004271-00-000003 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000128 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TERA COMPUTER CO \WA\ CENTRAL INDEX KEY: 0000949158 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 930962605 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-46213 FILM NUMBER: 515599 BUSINESS ADDRESS: STREET 1: 411 FIRST AVE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98104-2860 BUSINESS PHONE: 2067012000 MAIL ADDRESS: STREET 1: 411 FIRST AVE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98104-2860 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUSCH BRIAN W /FA CENTRAL INDEX KEY: 0001004271 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PENTHOUSE SUITE STREET 2: 29 WEST 57TH ST CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: PENTHOUSE SUITE STREET 2: 29 WEST 57TH ST CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* TERA COMPUTER COMPANY (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 88076P108 (CUSIP Number) December 31, 1999 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *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). PAGE 1 OF 8 PAGES SCHEDULE 13G CUSIP NO. 88076P108 PAGE 2 OF 8 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advantage Fund II Ltd. - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 178,710 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 178,710 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 178,710 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.8% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 3 OF 8 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Genesee Fund Limited - Portfolio B - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 163,575 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 163,575 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 163,575 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.7% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 4 OF 8 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Genesee International, Inc. - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 342,285 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 342,285 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 342,285 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.4% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 5 OF 8 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Donald R. Morken - - ------------------------------------------------------------------------- - 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 - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 342,285 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 342,285 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 342,285 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.4% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 6 OF 8 PAGES AMENDMENT NO. 1 TO SCHEDULE 13G This Amendment No. 1 to the initial statement on Schedule 13G filed June 30, 1999 (the "Initial Statement") by Advantage Fund II Ltd., a British Virgin Islands corporation ("Advantage"), Genesee Fund Limited - Portfolio B, a British Virgin Islands corporation ("Genesee Fund"), Genesee International, Inc., a Delaware corporation ("Genesee International"), and Donald R. Morken ("Mr. Morken", and collectively with Advantage, Genesee Fund and Genesee International, the "Reporting Persons") relates to the Common Stock, $.01 par value (the "Common Stock"), of Tera Computer Company, a Washington corporation (the "Issuer"). Capitalized terms used herein without definition shall have the meanings given them in the Initial Statement. This Amendment No. 1 is being filed by the Reporting Persons to report that each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the Common Stock. This Amendment No. 1 amends the Initial Statement as follows: Item 4. Ownership: (a) Amount Beneficially Owned by Advantage, Genesee Fund, Genesee International, and Mr. Morken: Advantage: 178,710 Genesee Fund: 163,575 Genesee International: 342,285 Mr. Morken: 342,285 (b) Percent of Class: Advantage: 0.8% Genesee Fund: 0.7% Genesee International: 1.4% Mr. Morken: 1.4% The Issuer reported that 23,871,240 shares of Common Stock were outstanding as of November 12, 1999 in its Quarterly Report on Form 10-Q for the quarter ended September 30, 1999. This amount was used to determine the percentages of outstanding shares of Common Stock reported in this statement. (c) Number of Shares as to which the Person has: (i) sole power to vote or to direct the vote Advantage: -0- Genesee Fund: -0- Genesee International: -0- Mr. Morken: -0- (ii) shared power to vote or to direct the vote Advantage: 178,710 Genesee Fund: 163,575 Genesee International: 342,285 Mr. Morken: 342,285 SCHEDULE 13G CUSIP NO. 88076P108 PAGE 7 OF 8 PAGES (iii) sole power to dispose or to direct the disposition of Advantage: -0- Genesee Fund: -0- Genesee International: -0- Mr. Morken: -0- (iv) shared power to dispose or to direct the disposition of Advantage: 178,710 Genesee Fund: 163,575 Genesee International: 342,285 Mr. Morken: 342,285 In addition to the shares of Common Stock reported above in this Item 4, as of December 31, 1999 Advantage directly owned warrants to purchase an aggregate of 863,446 shares of Common Stock and Genesee Fund directly owned warrants to purchase an aggregate of 669,351 shares of Common Stock (collectively, the "Warrants"). However, the terms of the Warrants provide that the holder may not exercise such Warrants to acquire shares of Common Stock to the extent such exercise would cause the holder's beneficial ownership of Common Stock to exceed 4.9% of the then outstanding shares of Common Stock. The power to vote and the power to dispose of the shares of Common Stock issuable upon exercise of the Warrants is shared by Genesee International and Mr. Morken. 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 each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. SCHEDULE 13G CUSIP NO. 88076P108 PAGE 8 OF 8 PAGES SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. ADVANTAGE FUND II LTD. By: Genesee International, Inc., as General Manager By: /s/ Donald R. Morken --------------------------- Name: Donald R. Morken Title: President Dated: January 27, 2000 GENESEE FUND LIMITED - PORTFOLIO B By: Genesee International, Inc., as General Manager By: /s/ Donald R. Morken --------------------------- Name: Donald R. Morken Title: President Dated: January 27, 2000 GENESEE INTERNATIONAL, INC. By: /s/ Donald R. Morken --------------------------------- Name: Donald R. Morken Title: President Dated: January 27, 2000 /s/ Donald R. Morken --------------------------------- Donald R. Morken Dated: January 27, 2000 42.31.04.137 -----END PRIVACY-ENHANCED MESSAGE-----