-----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, Jv52HQ5O/6iivpdQ5MGeMzpOQzTwvSSeparXcjdc9pE+DIR4ZkNNPIuNHxdPfbJY 3BEkiVV9KtT2j58Z1NNLOw== 0000906305-98-000001.txt : 19980107 0000906305-98-000001.hdr.sgml : 19980107 ACCESSION NUMBER: 0000906305-98-000001 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980106 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SANCTUARY WOODS MULTIMEDIA CORP CENTRAL INDEX KEY: 0000900748 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 752444109 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-43929 FILM NUMBER: 98501729 BUSINESS ADDRESS: STREET 1: 1250 45TH ST CITY: EMERYVILLE STATE: CA ZIP: 94608 BUSINESS PHONE: 5106582800 MAIL ADDRESS: STREET 1: 1250 45TH ST CITY: EMERYVILLE STATE: CA ZIP: 94608 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAWSON SAMBERG CAPITAL MANAGEMENT INC /CT CENTRAL INDEX KEY: 0000906305 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061033494 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 354 PEQUOT AVE CITY: SOUTHPORT STATE: CT ZIP: 06490 BUSINESS PHONE: 2032540091 MAIL ADDRESS: STREET 1: 354 PEQUOT AVE CITY: SOUTHPORT STATE: CT ZIP: 06490 SC 13D 1 SANTUARY WOODS MULTIMEDIA CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. #_3_) Sanctuary Woods Multimedia Corporation (Name of Issuer) Common Shares, $.001 (Title of Class of Securities) 79971E108 (CUSIP Number) Dawson-Samberg Capital Management, Inc., 354 Pequot Ave. Southport CT 06490 Attn: Amiel M. Peretz 203/254-0091 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 29, 1997 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box o. Check the following box if a fee is being paid with this statement __. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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). CUSIP NO. 79971E108 PAGE 5 OF 4 5 1 Name of Reporting Person DAWSON-SAMBERG CAPITAL MANAGEMENT, INC. IRS Identification No. of Above Person 06-1033494 2 Check the Appropriate Box if a Member of a Group (a) o (b) o 3 SEC USE ONLY 4 Source of Funds 00 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6 Citizenship or Place of Organization CONNECTICUT 7 Sole Voting Power 3,774,338 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 8 Shared Voting Power 0 9 Sole Dispositive Power 3,774,338 10 Shared Dispositive Power 0 11 Aggregate Amount Beneficially Owned by Each Reporting Person 3,774,338 12 Check Box if the Aggregate Amount in Row 11 Excludes Certain Shares 13 Percent of Class Represented by Amount in Row 11 44.1% 14 Type of Reporting Person IA ITEM 1. SECURITY AND ISSUER This Statement relates to the Common Stock, $.001 par value, (the "Shares"), of Sanctuary Woods Multimedia Corporation ("SWMC" or the "Company"), a Delaware corporation. SWMC's principal executive office is located at 1825 South Grant Street, San Mateo, CA 94402. ITEM 2. IDENTITY AND BACKGROUND This statement is being filed on behalf of Dawson-Samberg Capital Management, Inc. ("Dawson-Samberg"), a Connecticut corporation. The principal business of Dawson-Samberg, an investment adviser registered under the Investment Advisers Act of 1940, is to act as investment adviser to certain managed accounts. The executive officers of Dawson-Samberg are Messrs. Jonathan T. Dawson, Arthur J. Samberg and Amiel M. Peretz, the directors of Dawson-Samberg are Messrs. Dawson and Samberg and Ms. Sheila Clancy, and the controlling shareholders are Messrs. Dawson and Samberg (collectively, the "Executive Officers, Directors and Controlling Persons"). The business address of the Reporting Person and the Executive Officers, Directors and Controlling Persons is 354 Pequot Avenue, Southport, CT 06490. Neither of the Reporting Person nor the Executive Officers, Directors and Controlling Persons have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). Neither of the Reporting Person nor the Executive Officers, Directors and Controlling Persons have, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. Each of the Executive Officers, Directors and the Controlling Persons are citizens of the United States. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION As of the date hereof, Dawson-Samberg beneficially owns in the aggregate 416,668 Shares held by accounts for which it exercises investment discretion (the "Accounts"). These 416,668 shares were purchased from the Company through a rights subscription for $1,000,000. In addition, under rule 13d-3(d) (1) (i) under the Securities Exchange Act of 1934, Dawson-Samberg is deemed to be the beneficial owner of an additional 3,357,670 shares of the Company's Common Stock as follows: the Accounts own 916,652 Warrants ("Warrants") to purchase SWMC's Shares at $3.00 per share, expiring 9/18/99, and 75,444 shares of SWMC's Series A Convertible Preferred Shares ("Preferred") which are convertible into 1,666,638 Shares. The Warrants and the Preferred Shares were acquired from the Company in exchange for Convertible Subordinated Debentures and Warrants owned by such Accounts. In addition, the Accounts previously advanced $376,880 to SWMC pursuant to a Secured Convertible Promissory Note (the "Note") pursuant to which the conversion feature is not exercisable in the Accounts' sole discretion until the maturity date, November 30, 2000. In connection with the Note, however, the Accounts were granted warrants to purchase 376,880 Shares at $0.15 per share (the "Additional Warrants"). The Accounts, pursuant to the transactions which are the subject of this amendment, advanced an additional $397,500 to SWMC and were granted 397,500 Additional Warrants pursuant thereto. The funds for the purchase of Shares held by the Accounts were obtained from the contributions of their various partners/shareholders. Such funds may also include the proceeds of margin loans entered into in the ordinary course of business with Morgan Stanley & Company, Inc. ITEM 4. PURPOSE OF TRANSACTION The acquisitions of the Shares described herein were made in the ordinary course of the Reporting Person's investment activities. The Reporting Person reserves the right to purchase additional Shares or to dispose of the Shares in the open market or in privately negotiated transactions or in any other lawful manner in the future. An affiliate of the Reporting Person currently serves on the Board of Directors of SWMC and the Reporting Person reserves the right to take whatever further action with respect to the Accounts' holdings in SWMC as the Reporting Person deems to be in the best interest of such Accounts. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As of the date hereof, Dawson-Samberg beneficially owns in the aggregate 3,774,338 Shares. These Shares represent approximately 44.1% of the 8,550,972 Shares that the reporting Person believes would be outstanding if the Warrants, the Additional Warrants and the Preferred were exercised/converted into common stock. Dawson-Samberg has the sole power to vote, direct the vote, dispose and direct the disposition of all of the Shares. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER None ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None After a reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. January 6, 1998 Dawson-Samberg Capital Management, Inc. By:/s/ Amiel M. Peretz Amiel M. Peretz, Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----