-----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, JX2PzOrC/EmVu44mkYvsQCeWr13IXfo2vDFYYpG7fzNDSKvFm8TNaKtnHXj4+fU2 XwyXdADlg3x48Hv40yjvSg== 0000950005-97-000265.txt : 19970222 0000950005-97-000265.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950005-97-000265 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARTHROCARE CORP CENTRAL INDEX KEY: 0001005010 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 943180312 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48581 FILM NUMBER: 97533933 BUSINESS ADDRESS: STREET 1: 595 N PASTORIA AVE CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 4087360224 MAIL ADDRESS: STREET 1: 595 NORTH PASTORIA AVE CITY: SUNNVALE STATE: CA ZIP: 94086 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PARAGON VENTURE PARTNERS II LP CENTRAL INDEX KEY: 0000942990 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3000 SAND HILL ROAD STREET 2: BUILDING 1 SUITE 275 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 4158548000 MAIL ADDRESS: STREET 1: 3000 SAND HILL ROAD STREET 2: BUILDING I SIUTE 275 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No._______)* ArthroCare Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 000043136100 - -------------------------------------------------------------------------------- (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 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). (Continued on following pages) Page 1 of 11 Pages Exhibit Index Contained on Page 10
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 00043136100 13 G Page 2 of 11 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Paragon Venture Partners II, L.P. ("Paragon") Tax ID Number: 77-0217756 - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,032,187 shares, except that BENEFICIALLY Paragon Venture Management II, L.P. OWNED BY EACH REPORTING ("PVM"), the general partner of PERSON Paragon, and Messrs. Kibble and WITH Lewis, the general partners of PVM, may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,032,187 shares, except that PVM, the general partner of Paragon, and Messrs. Kibble and Lewis, the general partners of PVM, may be deemed to have shared power to dispose of these shares. -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,032,187 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.76% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 00043136100 13 G Page 3 of 11 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Paragon Venture Management II, L.P. ("PVM") Tax ID Number: 94-3074874 - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 shares. BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER 1,032,187 shares, which are all directly owned by Paragon. PVM is the general partner of Paragon, and Messrs. Kibble and Lewis, the general partners of PVM, may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 shares. -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,032,187 shares, which are all directly owned by Paragon. PVM is the general partner of Paragon, and Messrs. Kibble and Lewis, the general partners of PVM, may be deemed to have shared power to dispose of these shares. - ----------- -------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,032,187 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.76% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 00043136100 13 G Page 4 of 11 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Robert F. Kibble Tax ID Number: ###-##-#### - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------- -------------------------------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 24,250 shares held by the Robert F. BENEFICIALLY Kibble Living Trust OWNED BY EACH REPORTING PERSON WITH -------- ----------------------------------------------------------------------- 6 SHARED VOTING POWER 1,032,187 shares, which are all directly owned by Paragon. Kibble is a general partner of PVM, the general partner of Paragon, and may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 24,250 shares held by the Robert F. Kibble Living Trust. -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,032,187 shares, which are all directly owned by Paragon. Kibble is a general partner of PVM, the general partner of Paragon, and may be deemed to have shared power to dispose of these shares. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,056,437 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.04% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
- -------------------------------------------------------- --------------------------------------- CUSIP NO. 00043136100 13 G Page 5 of 11 Pages - -------------------------------------------------------- --------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- NAME OF REPORTING PERSONS 1 SS OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS John S. Lewis Tax ID Number: ###-##-#### - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - ----------- -------------------------------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF SHARES 5 53,025 shares of which 43,025 are BENEFICIALLY held directly by Lewis, and 10,000 OWNED BY EACH REPORTING PERSON are held by John S. Lewis UTA WITH Charles Schwab & Co. Inc. Paragon Venture Management Company. -------- ----------------------------------------------------------------------- SHARED VOTING POWER 6 1,032,187 shares, which are all directly owned by Paragon. Lewis is a general partner of PVM, the general partner of Paragon, and may be deemed to have shared power to vote these shares. -------- ----------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 53,025 shares of which 43,025 are held directly by Lewis, and 10,000 are held by John S. Lewis UTA Charles Schwab & Co. Inc. Paragon Venture Management Company. -------- ----------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,032,187 shares, which are all directly owned by Paragon. Lewis is a general partner of PVM, the general partner of Paragon, and may be deemed to have shared power to dispose of these shares. - ----------------------------------- -------- ----------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,085,212 - ----------- -------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* Excludes 5,000 shares held in trusts for Mr. Lewis' children over which he does not exercise voting or dispositive control. [X] - ----------- -------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.41% - ----------- -------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ----------- -------------------------------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 11 Pages ITEM 1(a). NAME OF ISSUER: ArthroCare Corporation ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 595 North Pastoria Avenue Sunnyvale, CA 94086 ITEM 2(a). NAME OF PERSONS FILING: This Statement is filed by Paragon Venture Partners II, L.P. ("Paragon"), Paragon Venture Management II, L.P. ("PVM"), Robert F. Kibble ("Kibble") and John S. Lewis ("Lewis"). The foregoing entities and individuals are collectively referred to as the "Reporting Persons." PVM is the general partner of Paragon and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by Paragon. Kibble and Lewis are the general partners of PVM and may be deemed to have shared power to vote and shared power to dispose of the shares of issuer directly owned by Paragon. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE: The address of the principal business office for each of the Reporting Persons is: Paragon Venture Partners 3000 Sand Hill Road Building 1, Suite 275 Menlo Park, CA 94025 ITEM 2(c) CITIZENSHIP: Paragon and PVM are Delaware limited partnerships and Kibble and Lewis are United States citizens. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(e). CUSIP NUMBER: CUSIP # 00043136100 ITEM 3. Not Applicable Page 7 of 11 Pages ITEM 4. OWNERSHIP: The following information with respect to the ownership of the Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 1996: (a) Amount beneficially owned: See Row 9 of cover page for each Reporting Person. (b) Percent of Class: See Row 11 of cover page for each Reporting Person. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person. (ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person. (iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person. (iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person. Page 8 of 11 Pages 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: Under certain circumstances set forth in the limited partnership agreements of Paragon and PVM, the general and limited partners of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner. 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: Not applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not applicable ITEM 10. CERTIFICATION: Not applicable Page 9 of 11 Pages SIGNATURES 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. Dated: February 13, 1997 /s/ John S. Lewis -------------------------------------- John S. Lewis, individual and on behalf of Paragon in his capacity as a general partner of PVM, the general partner of Paragon, and on behalf of PVM in his capacity as a general partner thereof. /s/ Robert F. Kibble -------------------------------------- Robert F. Kibble Page 10 of 11 Pages EXHIBIT INDEX Found on Sequentially Exhibit Numbered Page - ------- ------------- Exhibit A: Agreement of Joint Filing 11 Page 11 of 11 Pages EXHIBIT A Agreement of Joint Filing The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of ArthroCare Corporation shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G. Date: February 13, 1997 /s/ John S. Lewis -------------------------------------- John S. Lewis, individual and on behalf of Paragon in his capacity as a general partner of PVM, the general partner of Paragon, and on behalf of PVM in his capacity as a general partner thereof. /s/ Robert F. Kibble -------------------------------------- Robert F. Kibble -----END PRIVACY-ENHANCED MESSAGE-----