FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/27/2007 |
3. Issuer Name and Ticker or Trading Symbol
ShoreTel Inc [ SHOR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 454,713 | I | These shares are held by Foundation Capital, L.P.(1) |
Common Stock | 50,523 | I | These shares are held by Foundation Capital Entrepreneurs Fund, LLC(2) |
Common Stock | 375,022 | I | These shares are held by Foundation Capital Leadership Fund, L.P.(3) |
Common Stock | 10,000 | I | These shares are held by Foundation Capital Leadership Principals Fund, LLC(4) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series E Preferred Stock | (5) | (5) | Common Stock | 275,838 | (5) | I | These shares are held by Foundation Capital, L.P.(1) |
Series E Preferred Stock | (5) | (5) | Common Stock | 30,648 | (5) | I | These shares are held by Foundation Capital Entrepreneurs Fund, LLC(2) |
Series E Preferred Stock | (5) | (5) | Common Stock | 134,486 | (5) | I | These shares are held by Foundation Capital Leadership Fund, L.P.(3) |
Series E Preferred Stock | (5) | (5) | Common Stock | 3,586 | (5) | I | These shares are held by Foundaion Capital Leadership Principals Fund, LLC(4) |
Series F Preferred Stock | (5) | (5) | Common Stock | 3,367,843 | (5) | I | These shares are held by Foundation Capital, L.P.(1) |
Series F Preferred Stock | (5) | (5) | Common Stock | 374,204 | (5) | I | These shares are held by Foundation Capital Entrepreneurs Fund, LLC(2) |
Series G Preferred Stock | (5) | (5) | Common Stock | 491,113 | (5) | I | These shares are held by Foundation Capital Leadership Fund, L.P.(3) |
Series G Preferred Stock | (5) | (5) | Common Stock | 13,109 | (5) | I | These shares are held by Foundaion Capital Leadership Principals Fund, LLC(4) |
Series H Preferred Stock | (5) | (5) | Common Stock | 1,202,527 | (5) | I | These shares are held by Foundation Capital Leadership Fund, L.P.(3) |
Series H Preferred Stock | (5) | (5) | Common Stock | 32,067 | (5) | I | These shares are held by Foundaion Capital Leadership Principals Fund, LLC(4) |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Foundation Capital Management, L.L.C. is the general partner of Foundation Capital, L.P. Jim Anderson, William Elmore, Kathryn Gould and Paul Koontz are the managing members of Foundation Capital Management, L.L.C. and share voting and investment control over the shares. The managing members of Foundation Capital Management, L.L.C. disclaim beneficial ownership of the shares, except to the extent of their direct pecuniary interest in the shares. |
2. Foundation Capital Management, L.L.C. is the managing member of Foundation Capital Entrepreneurs, L.L.C. Jim Anderson, William Elmore, Kathryn Gould and Paul Koontz are the managing members of Foundation Capital Management, L.L.C. and share voting and investment control over the shares. The managing members of Foundation Capital Management, L.L.C. disclaim beneficial ownership of the shares, except to the extent of their direct pecuniary interest in the shares. |
3. Foundation Capital Leadership Management Company, L.L.C. is the general partner of Foundation Capital Leadership Fund, L.P. William Elmore, Kathryn Gould, Adam Grosser, Paul Koontz, and Mike Schuh are the managing members of Foundation Capital Leadership Management Company, L.L.C. and share voting and investment power of the shares. The managing members of Foundation Capital Leadership Management Company, L.L.C. disclaim beneficial ownership of the shares, except to the extent of their direct pecuniary interest in the shares. |
4. Foundation Capital Leadership Management Company, L.L.C. is the managing member of Foundation Capital Leadership Principals Fund, L.L.C. William Elmore, Kathryn Gould, Adam Grosser, Paul Koontz, and Mike Schuh are the managing members of Foundation Capital Leadership Management Company, L.L.C. and share voting and investment power of the shares. The managing members of Foundation Capital Leadership Management Company, L.L.C. disclaim beneficial ownership of the shares, except to the extent of their direct pecuniary interest in the shares. |
5. Mandatory conversion into Common Stock on a 1-for-1 basis upon closing of the Issuer?s initial public offering and has no expiration date. |
/s/ Gail M. Haney, Attorney-in-fact, filing on behalf of Foundation Capital LP | 06/27/2007 | |
/s/ Gail M. Haney, Attorney-in-fact, filing on behalf of Foundation Capital Management Company LLC | 06/27/2007 | |
/s/ Gail M. Haney, Attorney-in-fact, filing on behalf of Foundation Capital Entrepreneurs Fund, LLC | 06/27/2007 | |
/s/ Gail M. Haney, Attorney-in-fact, filing on behalf of Foundation Capital Leadership Fund LP | 06/27/2007 | |
/s/ Gail M. Haney, Attorney-in-fact, filing on behalf of Foundation Capital Leadership Management Company LLC | 06/27/2007 | |
/s/ Gail M. Haney, Attorney-in-fact, filing on behalf of Foundation Capital Leadership Principals Fund LLC | 06/27/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |