424B3 1 f90733e424b3.htm 424B3 Aradigm Corporation
 

     
Prospectus Supplement No. 1   Filed Pursuant to Rule 424(b)(3) and (c)
(To Prospectus dated April 15, 2003)   SEC File No. 333-104119

ARADIGM CORPORATION

27,281,687 Shares
Common Stock

     This is a supplement to the prospectus, dated April 15, 2002 forming a part of the Registration Statement on Form S-3 (Registration No. 333-104119) filed by Aradigm Corporation relating to the offering and sale by selling stockholders of Aradigm (or by donees, pledgees, transferees and other successors in interest that receive such shares as a gift, pledge, partnership distribution or other non-sale transfer) of up to 27,281,687 shares of our common stock, which includes 4,016,124 shares of common stock issuable to the selling stockholders upon the exercise of warrants to purchase common stock. This prospectus supplement should be read in conjunction with the prospectus, and this prospectus supplement is qualified by reference to the prospectus, except to the extent that the information provided by this prospectus supplement supersedes the information contained in the prospectus.

     The purpose of this prospectus supplement is to supplement the information set forth in the Prospectus regarding the selling security holders. The table below includes (1) a correction to the footnote set forth in the prospectus for Penn Footwear, (2) the change in the holdings for New Enterprise Associates 10, Limited Partnership to reflect the distribution of an aggregate of 3,000,000 shares of our common stock to its partners and (3) for the additional selling security holders who received shares from New Enterprise Associates:

  •   their name
 
  •   the shares of common stock beneficially owned as of June 4, 2003
 
  •   the shares of our common stock offered under the Prospectus
 
  •   the shares of our common stock owned after the offering

     All of the information regarding beneficial ownership was furnished to us by or on behalf of the selling security holders. Beneficial ownership of the common stock listed in the table has been determined in accordance with the applicable rules and regulations under the Exchange Act of 1934.

 

 

                                         
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)     Offered     Number   Percent (2)
 
 
   
   
 
Penn Footwear Co. (3)
     930,378       1.6 %     930,378       —       —  
New Enterprise Associates 10, Limited Partnership (4)
     13,080,373       21.0       6,198,605       6,881,768       11.3 %
NEA Partners 10, Limited Partnership
     30,026       *       30,026       —       —  
California State Teachers Retirement System
     258,295       *       258,295       —       —  
Washington State Investment Board
     142,062       *       142,062       —       —  
BSNEA I, L.L.C
     129,147       *       129,147       —       —  
California Emerging Ventures II, LLC
     96,860       *       96,860       —       —  
J.P. Morgan Pooled Venture Capital Institutional Investors II LLP
     79,056       *       79,056       —       —  
Boston Safe Deposit and Trust, not individually but solely in its capacity as trustee of the Lucent Technologies Inc. Master Pension Trust
     77,488       *       77,488       —       —  
HarbourVest Partners VI-Partnership Fund L.P.
     71,677       *       71,677       —       —  
The Chase Manhattan Bank, as Trustee for First Plaza Group Trust
     64,574       *       64,574       —       —  
Procific
     64,574       *       64,574       —       —  
Top Tier Investments, LLC
     64,574       *       64,574       —       —  
Danske Private Equity Partners K/S by Danske Private Equity A/S, its general partner
     51,659       *       51,659       —       —  
Crossroads Constitution Limited Partnership
     45,202       *       45,202       —       —  
Commonwealth of Pennsylvania State Employees’ Retirement System
     45,202       *       45,202       —       —  
Pension Reserves Investment Management Board
     54,544       *       38,744       15,800       *  
Virginia Retirement System
     38,744       *       38,744       —       —  
Deutsche Banc Alex Brown Venture Investors Portfolio, LLC
     32,287       *       32,287       —       —  
Asset Management Private Equity, L.P.
     25,829       *       25,829       —       —  
Barr Foundation
     25,829       *       25,829       —       —  
Mellon Bank, N.A., solely in its capacity as Trustee for the Bayer Corporation Master Trust, (as directed by Bayer Corporation), and not in its individual capacity
     25,829       *       25,829       —       —  
Mellon Bank, N.A., as Trustee for the Bell Atlantic Master Trust
     25,829       *       25,829       —       —  
CDB Web Tech International LP
     25,829       *       25,829       —       —  
Fort Washington Private Equity Investors III, L.P.
     25,829       *       25,829       —       —  
The Norinchukin Bank
     25,829       *       25,829       —       —  
Northwestern University
     25,829       *       25,829       —       —  
State Teachers Retirement System of Ohio
     25,829       *       25,829       —       —  
Salomon Smith Barney Venture Opportunities Fund III, L.P.
     25,829       *       25,829       —       —  

 

 

                                         
    Shares Owned Prior to     Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Wilshire U.S. Private Markets Fund IV, L.P. (A)
     25,829       *       25,829       —       —  
Pine Street I Holdings LLC
     23,494       *       23,494       —       —  
DLJ Private Equity Partners Fund II, L.P.
     23,343       *       23,343       —       —  
J.P. Morgan Pooled Venture Capital Private Investors II LLC
     19,850       *       19,850       —       —  
Citigroup Employee Fund of Funds I, L.P.
     19,410       *       19,410       —       —  
Fairview Ventures Fund I, L.P.
     19,372       *       19,372       —       —  
Partners Group Private Equity Performance Holding Limited
     19,372       *       19,372       —       —  
Private Equity Technology Partners III, C.V.
     19,372       *       19,372       —       —  
Saratoga Investments, LP
     19,372       *       19,372       —       —  
University Technology Ventures, L.P.
     19,372       *       19,372       —       —  
Old Westbury Venture Capital Fund II, LLC
     16,864       *       16,864       —       —  
Abbott Capital Private Equity Fund III, L.P., by Abbott Capital Management, LLC, its Investment Manager
     15,498       *       15,498       —       —  
Commonfund Capital Venture Partners VI, L.P.
     15,498       *       15,498       —       —  
Thomas Weisel Global Growth Partners (B), L.P.
     14,662       *       14,662       —       —  
Pomona Partnership Holdings III Portfolio, LP
     13,262       *       13,262       —       —  
The New Mexico State Investment Council Land Grant Permanent Fund
     12,979       *       12,979       —       —  
Alaska State Pension Investment Board by Abbott Capital Management, LLC, its Investment Manager
     12,915       *       12,915       —       —  
Tucker Anthony Private Equity Fund IV L.P.
     12,915       *       12,915       —       —  
BSNEA II, L.L.C
     12,915       *       12,915       —       —  
BSNEA IV, L.L.C
     12,915       *       12,915       —       —  
Castle Private Equity (International) plc
     12,915       *       12,915       —       —  
Catherine M. Conover
     12,915       *       12,915       —       —  
Cornell University
     12,915       *       12,915       —       —  
Credit Suisse First Boston Guernsey Branch
     12,915       *       12,915       —       —  
DAF Global, LLC
     12,915       *       12,915       —       —  
Bankers Trust as a Trustee for an Undisclosed Limited Partner
     12,915       *       12,915       —       —  
Alfred I. DuPont Trust
     12,915       *       12,915       —       —  
The Ford Foundation
     12,915       *       12,915       —       —  
Robert and Ruth Halperin Foundation
     12,915       *       12,915       —       —  
Iowa Public Employees’ Retirement System
     12,915       *       12,915       —       —  
Lansforsakringar Liv Forsakringsaktiebolag (publ)
     12,915       *       12,915       —       —  
LGT Capital Invest Limited
     12,915       *       12,915       —       —  
The Mohawk River Fund II L.P.
     12,915       *       12,915       —       —  
Montagu Newhall Global Equity Partners LP
     12,915       *       12,915       —       —  
Pearl Holding Limited
     12,915       *       12,915       —       —  
Kleinwort Benson (Channel Islands) Limited as Custodian for Preferential II Limited
     12,915       *       12,915       —       —  

 

 

                                         
                                     
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Private Equity Investor PLC
     12,915       *       12,915       —       —  
Private Equity Portfolio Fund III, LLC
     12,915       *       12,915       —       —  
Barings (Ireland) Limited as Custodian for Schroder Private Equity Funds plc
     12,915       *       12,915       —       —  
Stichting Bedrijfspensioenfonds voor de Metaal en Technische Bedriffstakken (BPMT)
     12,915       *       12,915       —       —  
SVB Strategic Investors Fund, L.P.
     12,915       *       12,915       —       —  
U.A. Local 467 Pension Trust Fund
     12,915       *       12,915       —       —  
U.S. Bancorp Piper Jaffray Private Equity Partners I, L.P.
     12,915       *       12,915       —       —  
Utah Retirement Systems, by Abbott Capital Management, LLC, its Investment Manager
     12,915       *       12,915       —       —  
The Rector & Visitors of the University of Virginia (A)
     12,915       *       12,915       —       —  
BancBoston Investments Inc.
     11,365       *       11,365       —       —  
Employees’ Retirement System of the State of Hawaii, by Abbott Capital Management, LLC, its Investment Manager
     10,332       *       10,332       —       —  
Ewing Marion Kauffman Foundation
     10,332       *       10,332       —       —  
Meyer Memorial Trust
     10,332       *       10,332       —       —  
Nortel Networks, Inc.
     10,332       *       10,332       —       —  
UBS Global Asset Management Trust Company as Trustee of The Brinson Partnership Fund Trust - 2001 Primary Fund
     9,722       *       9,722       —       —  
Alcyon Ltd.
     9,686       *       9,686       —       —  
Johns Hopkins University
     9,040       *       9,040       —       —  
BSC Venture Fund LLC
     8,965       *       8,965       —       —  
2000 Champion Ventures (Q), LP
     8,265       *       8,265       —       —  
Adams Street Partnership Fund - 2002 U.S. Fund
     7,292       *       7,292       —       —  
3Com Ventures, Inc.
     6,457       *       6,457       —       —  
Northern Trust Company, Trustee Bristol-Myers Squibb Master Trust
     6,457       *       6,457       —       —  
BSNEA III, L.L.C
     6,457       *       6,457       —       —  
The Bunting Family II, LLC
     6,457       *       6,457       —       —  
California Institute of Technology
     6,457       *       6,457       —       —  
Carnegie Mellon University
     6,457       *       6,457       —       —  
Trustees of the Cheyne Walk Trust
     6,457       *       6,457       —       —  
Citigroup Pension Plan
     6,457       *       6,457       —       —  
Community Foundation Silicon Valley
     6,457       *       6,457       —       —  
Crown Premium Private Equity Technology Ventures SICAV
     6,457       *       6,457       —       —  
Georgia Tech Foundation, Inc.
     6,457       *       6,457       —       —  
Glenmede Private Equity Fund II LLC
     6,457       *       6,457       —       —  
G. Grandchildren 1986 Trust George P. Levendis, Trustee
     6,457       *       6,457       —       —  

 

 

                                         
    Shares Owned Prior to           Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Northern Trust Company as Trustee for the Illinois Municipal Retirement Fund, by Abbott Capital Management, LLC, its Investment Manager
     6,457       *       6,457       —       —  
The James Irvine Foundation
     6,457       *       6,457       —       —  
W.K. Kellogg Foundation Trust
     6,457       *       6,457       —       —  
John S. and James L. Knight Foundation
     6,457       *       6,457       —       —  
Boston Safe Deposit and Trust Company, solely in its capacity as Trustee of The Kroger Co. Master Retirement Trust, (as directed by The Kroger Co.), and not in its individual capacity
     6,457       *       6,457       —       —  
Board of Fire & Police Pensions Commissioners of the City of Los Angeles, by Abbott Capital Management, LLC, as Investment Manager
     6,457       *       6,457       —       —  
MSD Portfolio LP – Investments
     6,457       *       6,457       —       —  
Munder NetNet Fund, a series of The Munder Funds, Inc.
     6,457       *       6,457       —       —  
myCFO Investment Partners I, L.P.
     6,457       *       6,457       —       —  
Nider Investments, LLC
     6,457       *       6,457       —       —  
Novell, Inc.
     6,457       *       6,457       —       —  
Oberlin College
     6,457       *       6,457       —       —  
Pension Private Equity K/S II
     6,457       *       6,457       —       —  
University of Pittsburgh - of the Commonwealth System of Higher Education
     6,457       *       6,457       —       —  
QP Investments LLC
     6,457       *       6,457       —       —  
RMF Private Equity Fund 2001, L.P.
     6,457       *       6,457       —       —  
Rockefeller Brothers Fund, Inc.
     6,457       *       6,457       —       —  
Rockefeller Foundation
     6,457       *       6,457       —       —  
Frank Russell Global Private Equity Fund of Funds, L.P.
     6,457       *       6,457       —       —  
Professor Richard Sapper
     6,457       *       6,457       —       —  
Southwestern Medical Foundation
     6,457       *       6,457       —       —  
Vega Invest (Guernsey), Limited
     6,457       *       6,457       —       —  
The Northern Trust Company as Trustee of the Vulcan Materials Company Master Pension Trust
     6,457       *       6,457       —       —  
University of Washington
     6,457       *       6,457       —       —  
Capita Trust Company Limited as Trustee of Westport US Private Equity Fund II
     6,457       *       6,457       —       —  
The President and Trustees of Williams College
     6,457       *       6,457       —       —  
Wilshire Australia Private Markets Fund
     6,457       *       6,457       —       —  
Wilshire IAM Fund, L.P.
     6,457       *       6,457       —       —  
Citigroup Employee Fund of Funds (Master Fund) I, L.P.
     6,420       *       6,420       —       —  

 

 

                                         
                                         
    Shares Owned Prior to           Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
The New Mexico State Investment Council Severance Tax Permanent Fund
     6,393       *       6,393       —       —  
Commerce & Industry Company
     5,887       *       5,887       —       —  
AC Private Equity Corp.
     5,812       *       5,812       —       —  
HarbourVest Partners VI-Parallel Partnership Fund L.P.
     5,812       *       5,812       —       —  
522 Fifth Avenue Fund, L.P.
     5,637       *       5,637       —       —  
UBS Global Asset Management Trust Company as Trustee of The Brinson Partnership Fund Trust - 2002 Secondary Fund
     5,217       *       5,217       —       —  
Trustees of Amherst College
     5,166       *       5,166       —       —  
Trustees of Boston University
     5,166       *       5,166       —       —  
Kleinwort Benson (Channel Islands) Limited as Custodian for MC Partners Limited
     5,166       *       5,166       —       —  
Frank Russell Capital/OMERS, L.P.
     5,166       *       5,166       —       —  
Thomas Weisel Global Growth Partners (A), L.P.
     4,710       *       4,710       —       —  
Katherine S. Ingalls
     4,520       *       4,520       —       —  
The Travelers Indemnity Company
     4,305       *       4,305       —       —  
B&S 2002-C GmbH
     4,262       *       4,262       —       —  
Lauer & Co. Agent for: Pew Memorial Trust
     4,262       *       4,262       —       —  
Brinson Partnership Fund - 2001 Primary Fund, L.P.
     4,045       *       4,045       —       —  
Alps Investment LLC
     3,874       *       3,874       —       —  
Paul or Evelyn Baran, as trustee of the PAUL AND EVELYN BARAN AGRMT of 23 May 1984
     3,874       *       3,874       —       —  
Calconn Private Equities II, LLC
     3,874       *       3,874       —       —  
Munder Future Technology Fund, a series of The Munder Funds, Inc.
     3,874       *       3,874       —       —  
PEI Capital Partners, L.P. II
     3,874       *       3,874       —       —  
Pension Plan of Piper Marbury Rudnick & Wolfe LLP
     3,874       *       3,874       —       —  
Pratt Street Ventures XIII, LLC
     3,874       *       3,874       —       —  
Rensselaer Polytechnic Institute
     3,874       *       3,874       —       —  
The Rose Hills Foundation
     3,874       *       3,874       —       —  
Stuart Foundation
     3,874       *       3,874       —       —  
Walton Investment IV, LLC
     3,874       *       3,874       —       —  
ING Pomona Private Equity Fund
     3,580       *       3,580       —       —  
Woodbrook MB LP
     3,552       *       3,552       —       —  
EFG Trust II, Edward M. Glassmeyer, Trustee
     3,229       *       3,229       —       —  
Emont Ltd.
     3,229       *       3,229       —       —  
PEI Capital Partners, L.P.
     3,229       *       3,229       —       —  
The 2001 Primary Brinson Partnership Fund Offshore Series Company Ltd.
     3,087       *       3,087       —       —  
Private Equity Access Fund II, LLC
     2,906       *       2,906       —       —  
David A. Stamm
     2,906       *       2,906       —       —  

 

 

                                         
    Shares Owned Prior to           Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Bayview (NEA10), L.P.
     2,841       *       2,841       —       —  
Picotte Venture Capital Fund I, LLC
     2,712       *       2,712       —       —  
Bayview 2000, L.P.
     2,583       *       2,583       —       —  
Joshua S. Boger
     2,583       *       2,583       —       —  
Iceship & Co. by State Street Bank & Trust Co. as Trustee for the Brown & Williamson Tobacco Master Retirement Plan
     2,583       *       2,583       —       —  
Caravan Trust
     2,583       *       2,583       —       —  
Edward M. Cluss, Jr. and Patricia A. Cluss
     2,583       *       2,583       —       —  
Comerica Capital Advisors Incorporated
     2,583       *       2,583       —       —  
Siguler Guff Advisors, L.L.C. on behalf of a client
     2,583       *       2,583       —       —  
FEA II, L.P.
     2,583       *       2,583       —       —  
Fox Family Portfolio Partnership
     2,583       *       2,583       —       —  
Legacy I, LLC
     2,583       *       2,583       —       —  
James T. McManus
     2,583       *       2,583       —       —  
Munder @ Vantage Fund
     2,583       *       2,583       —       —  
O-S Ventures
     2,583       *       2,583       —       —  
The Queen’s Health Systems
     2,583       *       2,583       —       —  
Timothy J. Rink
     2,583       *       2,583       —       —  
Theresa W. and Robert J. Ryan, Joint Tenants
     2,583       *       2,583       —       —  
Saal Family Partners, L.P.
     2,583       *       2,583       —       —  
Pradeep S. Sindhu
     2,583       *       2,583       —       —  
Board of Trustees of the Leland Stanford Junior University
     359,968       *       2,583       357,385       *  
State Universities Retirement System
     6,483       *       2,583       3,900       *  
Stewardship Foundation
     2,583       *       2,583       —       —  
Venture Capital Private Equity Fund
     2,583       *       2,583       —       —  
Thomas Weisel Strategic Opportunities Partners, L.P.
     2,583       *       2,583       —       —  
Zisman Equities Group, L.P.
     2,583       *       2,583       —       —  
Pomona Partnership Holdings III, LP
     2,530       *       2,530       —       —  
Brinson Partnership Fund Program Entity A
     2,518       *       2,518       —       —  
Standish Ventures V LLC
     2,467       *       2,467       —       —  
Morris Ventures
     2,454       *       2,454       —       —  
Cornish & Carey Commercial Venture Fund, LLC
     2,260       *       2,260       —       —  
The Travelers Insurance Company
     2,152       *       2,152       —       —  
2000 Champion Ventures, LP
     2,066       *       2,066       —       —  
KFLP-II Limited Partnership
     2,066       *       2,066       —       —  
Brinson Partnership Fund - 2002 Secondary Fund, L.P.
     2,004       *       2,004       —       —  
EDS Retirement Plan Trust
     1,937       *       1,937       —       —  
Hobart Family Limited #7
     1,937       *       1,937       —       —  
Orange County Employees Retirement System
     1,937       *       1,937       —       —  

 

 

                                         
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
The 2002 Secondary Brinson Partnership Fund Offshore Series Company Ltd.
     1,695       *       1,695       —       —  
DLJ Multi-Manager Private Equity Fund, L.P.
     1,601       *       1,601       —       —  
Private Equity Portfolio Technology Fund, LLC
     1,550       *       1,550       —       —  
ABB Anlagestiftung - Private Equity World 1
     1,291       *       1,291       —       —  
Joseph W. Alsop
     1,291       *       1,291       —       —  
BDB Family L.P.
     1,291       *       1,291       —       —  
Jennifer Bergantino
     1,291       *       1,291       —       —  
BNA Associates, L.P.
     1,291       *       1,291       —       —  
Mary Morse Cargill Revocable Trust
     1,291       *       1,291       —       —  
Chestnut Investor, LLC
     1,291       *       1,291       —       —  
Dahl Family Trust dated 10/31/89 as amended 5/3/90, Robert K Dahl, trustee
     1,291       *       1,291       —       —  
Morteza Ejabat Trust
     1,291       *       1,291       —       —  
Robert A. Ellis Revocable Trust
     1,291       *       1,291       —       —  
Entrepreneurs Endowment Fund LLC
     1,291       *       1,291       —       —  
Giancarlo Family Trust U/D/T 11/2/98, Charles Giancarlo, Trustee
     1,291       *       1,291       —       —  
Glynn Investment Co. LLC
     1,291       *       1,291       —       —  
Malcolm Hecht, Jr. Revocable Trust B
     1,291       *       1,291       —       —  
Michael J. Homer, Trust
     1,291       *       1,291       —       —  
K&M Family Partners Ltd.
     1,291       *       1,291       —       —  
Hemant Kanakia
     1,291       *       1,291       —       —  
Hemant Kanakia, GRAT
     1,291       *       1,291       —       —  
KKP Holdings LLC
     1,291       *       1,291       —       —  
Leslie Investments, LLC
     1,291       *       1,291       —       —  
Jonathan MacQuitty
     1,291       *       1,291       —       —  
John M. McQuillan IRA Rollover
     1,291       *       1,291       —       —  
Meresman Investments LLC
     1,291       *       1,291       —       —  
Living Trust of Stephens F. Millard 9/16/91
     1,291       *       1,291       —       —  
Morgan Venture Fund LLC
     1,291       *       1,291       —       —  
Mario M. Morino Trust
     1,291       *       1,291       —       —  
Family Neukermans Trust U/A DTD 01/21/93 Armand Neukermans & Eliane Neukermans, Trustees
     1,291       *       1,291       —       —  
James D. Norrod
     1,291       *       1,291       —       —  
The Pivotal Trust dated 7/20/2000
     1,291       *       1,291       —       —  
The Poizner Family Trust dated 3/3/98, Stephen L. Poizner, Trustee
     1,291       *       1,291       —       —  
Quattrone Family Trust UTA DTD 9/4/91
     1,291       *       1,291       —       —  
Kanwal S. Rekhi and Ann H Rekhi as Trustees of the Rekhi Family Trust DTD 12/15/89
     1,291       *       1,291       —       —  
Trustees of the Ronald Family Trust B
     1,291       *       1,291       —       —  
Saal Family Foundation
     1,291       *       1,291       —       —  
Thomas H. Scholl
     1,291       *       1,291       —       —  

 

 

                                         
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
A. Brooke Seawell
     1,291       *       1,291       —       —  
D.R. Stephens Separate Property Trust UAD May 1, 1983 D.R Stephens, Trustee
     1,291       *       1,291       —       —  
Jeannette Symons Living Trust
     1,291       *       1,291       —       —  
Richard L. Thompson
     1,291       *       1,291       —       —  
Tomasetta Family Partnership, L.P.
     1,291       *       1,291       —       —  
The Rector & Visitors of the University of Virginia (B)
     1,291       *       1,291       —       —  
Boston & Co. A/C# WERF 1963002
     1,291       *       1,291       —       —  
Phil White
     1,291       *       1,291       —       —  
Francis H. Zenie
     1,291       *       1,291       —       —  
Thiry-O’Leary Living Trust Dated March 8, 1990
     1,033       *       1,033       —       —  
Avondale LLC
     969       *       969       —       —  
Emerson Street Ventures, a California Limited Partnership
     969       *       969       —       —  
Michael E. Herman Revocable Trust
     969       *       969       —       —  
Northern Trust Bank as Trustee for W. Clement Stone Children’s Trust Norman C. Stone Trust Share
     969       *       969       —       —  
Whitemarsh Associates
     969       *       969       —       —  
Lauer & Co. Agent for: J.H. Pew Freedom Trust
     904       *       904       —       —  
DLJ PEP II Employee Fund, L.P.
     885       *       885       —       —  
Buuck Family Limited Partnership by Wells Fargo Bank MN N.A as custodian for Robert E Buuck, General Partner
     1,489       *       839       650       *  
Erik T. Engelson, Trustee of the Erik T. Engelson Trust UDT, dated March 29, 2000
     839       *       839       —       —  
1996 Stradford-Wunderlich Rev. Trust
     646       *       646       —       —  
The Alexander Living Trust
     646       *       646       —       —  
Robert K. Anderson
     646       *       646       —       —  
Bayshore Boulevard Associates, LLC
     646       *       646       —       —  
Rod A. Beckstrom Trust U/D/T 11/21/95
     646       *       646       —       —  
Boutros Family Trust UAD 5/23/00
     646       *       646       —       —  
Gary Bowen
     646       *       646       —       —  
BPE Institutional Partners G.m.b.H
     646       *       646       —       —  
William J.B. Brady III
     646       *       646       —       —  
Kim B. Edwards
     646       *       646       —       —  
Arthur & Barbara Friedman Revocable Trust
     646       *       646       —       —  
Francine Gani 2002 Living Trust
     646       *       646       —       —  
Marcel Gani 2002 Living Trust
     646       *       646       —       —  
Gregory 1993 Investment Trust U/A DTD 7/21/93, David J Gregory, Trustee
     646       *       646       —       —  
Daniel L. Harple, Jr.
     646       *       646       —       —  
Hillcrest Capital Investors LLC
     646       *       646       —       —  
The JGA Trust under agreement dtd 9/18/00, Joseph Ansanelli, Trustee
     646       *       646       —       —  

 

 

                                         
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Mahendra Kaul
     646       *       646       —       —  
Komisar/Dunn Family Trust
     646       *       646       —       —  
Bernard M. Kramer, M.D., Inc. Profit Sharing Plan
     646       *       646       —       —  
Jay T. Last
     646       *       646       —       —  
Marion H. MacMillan Family Trust
     646       *       646       —       —  
Menlo School
     646       *       646       —       —  
Metcalfe Family Trust, John Metcalfe and Valerie Metcalfe, Trustees
     646       *       646       —       —  
Milagro de Ladera, L.P.
     646       *       646       —       —  
William G. Myers Roth IRA
     646       *       646       —       —  
Orion QP Ventures III L.P.
     646       *       646       —       —  
Marc Ostrofsky
     646       *       646       —       —  
Sara Ostrofsky
     646       *       646       —       —  
Henry A. Plain, Jr. and Lisa M. Plain, Trustees The Plain Family Trust, U/D/T dated September 7, 1994
     646       *       646       —       —  
Ronald S. Posner
     646       *       646       —       —  
The Ramsay Family Trust DTD 10/17/94
     646       *       646       —       —  
Neil J. Rappaport and Susan J. Rappaport, Trustee of the Rappaport Family Trust, dated March 31, 1997
     646       *       646       —       —  
N & A Raza Revocable Trust UAD 03-22-97
     646       *       646       —       —  
John T. Sakai
     646       *       646       —       —  
Daniel S. Simpkins
     646       *       646       —       —  
Stone Family Trust - Share B
     646       *       646       —       —  
Swingyer Partners
     646       *       646       —       —  
Robert P. Taylor and Anne D. Kaiser
     646       *       646       —       —  
Ronald J. Vidal
     646       *       646       —       —  
Yock Family Revocable Trust Dated 7/21/93 as the Separate Property of Paul G. Yock
     646       *       646       —       —  
Lauer & Co. Agent for: Mabel Pew Myrin Trust
     581       *       581       —       —  
Frank M. Fischer
     517       *       517       —       —  
Paul C. Nehra, MD
     517       *       517       —       —  
Donald L. Thiry Trust dated 4/7/82
     517       *       517       —       —  
Richard M. Berkeley
     452       *       452       —       —  
Buuck Family Foundation by Wells Fargo Bank MN N.A. as Agent for Robert E. Buuck, President
     802       *       452       350       *  
R. David Dicioccio, Jr.
     452       *       452       —       —  
Lauer & Co. Agent for: J.N. Pew Trust
     452       *       452       —       —  
Robert W. Frick
     387       *       387       —       —  
George Trust dated 7/27/00
     387       *       387       —       —  
Paul L. Gomory, Jr. Trust
     387       *       387       —       —  
Malcolm Hecht, Jr. Revocable Trust A
     387       *       387       —       —  

 

 

                                         
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Pivan Nigam and Ruma Nigam, Co-Trustees of the Nigam Living Trust u/t/a dated September 16, 1999
     387       *       387       —       —  
G. Kirk Raab
     387       *       387       —       —  
44 Eastview Family LLC
     323       *       323       —       —  
Sanjiv Ahuja
     323       *       323       —       —  
Bernal Family Trust UDT dated November 3, 1995, Ronald Daniel Bernal & Pamela Mayer Bernal Trustees
     323       *       323       —       —  
Brody Family Trust U/T/D 8/15/86
     323       *       323       —       —  
Daniel Burstein
     323       *       323       —       —  
Chadwick H. Carpenter, Jr.
     323       *       323       —       —  
Robert J. Carpenter
     323       *       323       —       —  
Gayle Crowell
     323       *       323       —       —  
Kirk A. Cruikshank & Bette Lee Cruikshank, Trustees, Cruikshank Family Trust 10/1/97
     323       *       323       —       —  
Stuart M. Gordon
     323       *       323       —       —  
The Gregory C. Gretsch Trust, Gregory C. Gretsch, Trustee
     323       *       323       —       —  
International Capital Partners, Inc. Profit-Sharing Trust
     323       *       323       —       —  
Key Capital Corporation
     323       *       323       —       —  
Joe E. Kiani
     323       *       323       —       —  
Stanard T. Klinefelter
     323       *       323       —       —  
Sheila R. Kresch
     323       *       323       —       —  
Thomas H. Layton or his sucessor under the Thomas H. Layton Separate Property Revocable Trust, November 29, 1999, as amended
     323       *       323       —       —  
Joseph A. Liemandt
     323       *       323       —       —  
Audrey MacLean and Michael Clair, as trustees, or their successors, of the Audrey MacLean and Michael Clair Trust Agreement UAD 12/1/90
     323       *       323       —       —  
Makower Family Trust U/D/T dated 5/6/97
     323       *       323       —       —  
John R. Mashey
     323       *       323       —       —  
James A. McDonald
     323       *       323       —       —  
The Parulkar Family Revocable Trust of 12/29/99, Guru Parulkar, Trustee
     323       *       323       —       —  
Maurice Werdegar
     323       *       323       —       —  
Trust u/w William C. Whitridge
     323       *       323       —       —  
WUCO Capital LLC
     323       *       323       —       —  
Julian A. Brodsky
     258       *       258       —       —  
James W. Bullock
     258       *       258       —       —  
David Cheriton
     258       *       258       —       —  
Peter D. Fenner & Nancy R. Fenner, as Trustees of the Peter D. Fenner & Nancy R. Fenner Living Trust dated 2/2/99
     258       *       258       —       —  

 

 

                                         
    Shares Owned Prior to       Shares Owned After
    Offering   Number of   Offering
   
  Shares Being  
Security Holders   Number (1)   Percent (1)   Offered   Number   Percent (2)
 
 
 
 
 
Fontaine Revocable Living Trust DTD 3/23/84
     258       *       258       —       —  
James Friedman
     258       *       258       —       —  
Michael D. Lesh
     258       *       258       —       —  
Seth Lieber
     258       *       258       —       —  
Lauer & Co. Agent for: The Medical Trust
     258       *       258       —       —  
Francis A. Moody
     258       *       258       —       —  
The Edward C. Oldfield, Jr. RLT dtd 11-18-96 Edward C Oldfield, Jr. Trustee
     258       *       258       —       —  
Ramaswami Family Revocable Trust
     258       *       258       —       —  
Van Dyke Partners
     258       *       258       —       —  
Vrolyk Family Trust U/A DTD 11/20/84, as amended John R. and Tamisie Honey Vrolyk, Trustees
     258       *       258       —       —  
The Babak & Lisa Marie Yazdani Trust UTA dtd 4/27/00
     258       *       258       —       —  
Daniel P. Finkelman
     194       *       194       —       —  
Mohammed N. Islam
     194       *       194       —       —  
Robert J. McGovern
     194       *       194       —       —  
Meng Partners
     194       *       194       —       —  
Richard A. Redelfs
     194       *       194       —       —  
Peter D. Behrendt
     161       *       161       —       —  
Horst R. Adam
     129       *       129       —       —  
Barbara A. Cannon
     129       *       129       —       —  
William Michael Fagen
     129       *       129       —       —  
David F. Foster
     129       *       129       —       —  
The Goodman Family Trust
     129       *       129       —       —  
Hsing-Chung Lee
     129       *       129       —       —  
Oak Stone Ventures, LLC
     129       *       129       —       —  
Silverleaf Partners LLC
     129       *       129       —       —  
Kamran Sistanizadeh
     129       *       129       —       —  
Orlando W. Springs
     129       *       129       —       —  
The Per A. Suneby Revocable Trust
     129       *       129       —       —  
Wilshire U.S. Private Markets Fund IV, L.P. (B)
     129       *       129       —       —  
Stanford T. and Donna M. Young, as community property
     129       *       129       —       —  
522 Fifth Avenue Fund, L.P. - 2002 Program
     85       *       85       —       —  

*   Less than one percent (1%)

(1)   The shares of common stock owned prior to the offering equals the sum of (a) shares of common stock, (b) shares of common stock issuable upon conversion of shares of Series A preferred stock and (c) shares of common stock issuable upon exercise of warrants. Percentages are based on 58,691,241 shares of our common stock that were outstanding (on an as-converted to common stock basis) on June 4, 2003. In calculating the percentage for each selling security holder, the shares represented by item (b) above are included in the denominator of the shares outstanding for that selling security holder but are not included in the denominator for any other person.
 
(2)   Percentages are based on 58,691,241 shares of our common stock that were outstanding (on an as-converted to common stock basis) on June 4, 2003.

 

 

(3)   Includes 170,885 shares of common stock issuable upon exercise of warrants.
 
(4)   Includes 4,132,107 shares of common stock issuable upon exercise of warrants (including a warrant to purchase 2,685,948 shares of common stock received in connection with the warrant repricing agreement), including warrants to purchase 999 shares of common stock held by NEA Ventures 2001, L.P. In addition, includes 9,998 shares held by NEA Ventures 2001, L.P. Also includes 1,033,057 shares of our Series A Preferred Stock that are convertible at any time into 4,132,228 shares of Common Stock. According to a Schedule 13D Amendment No. 1 dated April 25, 2002, and filed jointly by New Enterprise Associates 10, Limited Partnership (“NEA 10”), NEA Partners 10, Limited Partnership, Stewart Alsop, James Barrett, Peter J. Barris, Robert T. Coneybeer, Nancy L. Dorman, Ronald H. Kase, C. Richard Kramlich, Thomas C. McConnell, Peter T. Morris, Charles W. Newhall III, Mark W. Perry, Scott D. Sandell and Eugene A. Trainor III, each of the aforementioned general partners of NEA 10 has shared dispositive and shared voting power with respect to the shares held by NEA 10. Each of the aforementioned disclaims beneficial ownership as to the shares held by NEA 10, except to the extent of their pecuniary interest therein. John Nehra is a member of our board of directors and a limited partner of NEA Partners 10, Limited Partnership, the general partner of NEA 10.

          We may from time to time supplement or amend the Prospectus to reflect the required information concerning and transferee, pledgee, donee or successor to the selling security holders named in the prospectus.

The date of this Prospectus Supplement is June 9, 2003.