-----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, BMUjnrLLNoYpHWE/CS+GiNBUniMGn1hu0KPfIhSqWmK3Ud1JazeluDPB2EmRy4yQ y3w5UcDe0cczfZGnkEuelA== 0000891020-97-000069.txt : 19970211 0000891020-97-000069.hdr.sgml : 19970211 ACCESSION NUMBER: 0000891020-97-000069 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970207 SROS: NASD GROUP MEMBERS: ALAN D. FRAZIER GROUP MEMBERS: FHM II, L.L.C. GROUP MEMBERS: FRAZIER & COMPANY, INC. GROUP MEMBERS: FRAZIER HEALTHCARE II LP GROUP MEMBERS: FRAZIER MANAGEMENT, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARADIGM CORP CENTRAL INDEX KEY: 0001013238 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 943133088 STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46237 FILM NUMBER: 97519836 BUSINESS ADDRESS: STREET 1: 26219 EDEN LANDING RD CITY: HAYWARD STATE: CA ZIP: 94545 BUSINESS PHONE: 5107830100 MAIL ADDRESS: STREET 1: 26219 EDEN LANDING RD CITY: HAYWARD STATE: CA ZIP: 94545 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FRAZIER HEALTHCARE II LP CENTRAL INDEX KEY: 0001032166 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 911678546 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 601 UNION ST STREET 2: SUITE 2110 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 2066217200 MAIL ADDRESS: STREET 1: 601 UNION ST STREET 2: SUITE 2110 CITY: SEATTLE STATE: WA ZIP: 98101 SC 13G 1 SCHEDULE 13G 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULE 13D-1 AND 13D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 ARADIGM CORPORATION (Name of Issuer) COMMON STOCK, NO PAR VALUE PER SHARE (Title of Class of Securities) 038505-10-3 (CUSIP Number of Class of Securities) 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 less than five percent of such class.) (See Rule 13d-7.) Page 1 of 11 Pages An Index of Exhibits appears on Page 11 2 CUSIP NO. 038505-10-3 SCHEDULE 13G PAGE 2 OF 11 PAGES - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FRAZIER HEALTHCARE II, L.P. FEIN: 91-1689734 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Organized under the laws of the State of Delaware --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 636,363 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 636,363 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.23% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* LP --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 11 Pages An Index of Exhibits appears on Page 11 3 CUSIP NO. 038505-10-3 SCHEDULE 13G PAGE 3 OF 11 PAGES - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FHM II, L.L.C. FEIN: 91-1689731 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Organized under the laws of the State of Delaware --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 636,363 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 636,363 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.23% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* LLC --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 11 Pages An Index of Exhibits appears on Page 11 4 CUSIP NO. 038505-10-3 SCHEDULE 13G PAGE 4 OF 11 PAGES - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FRAZIER MANAGEMENT, L.L.C. FEIN: 91-1678546 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Organized under the laws of the State of Delaware --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 636,363 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 636,363 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 636,363 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.23% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* LLC --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 11 Pages An Index of Exhibits appears on Page 11 5 CUSIP NO. 038505-10-3 SCHEDULE 13G PAGE 5 OF 11 PAGES - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FRAZIER & COMPANY, INC. FEIN: 91-1526760 --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ] (B) [ ] --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Organized under the laws of the State of Washington --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 636,363 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 636,363 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 636,363 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.23% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* CO --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 11 Pages An Index of Exhibits appears on Page 11 6 CUSIP NO. 038505-10-3 SCHEDULE 13G PAGE 6 OF 11 PAGES - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ALAN D. FRAZIER SS####-##-#### --------------------------------------------------------------------- (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 Citizen --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 636,363 EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 636,363 -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 636,363 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.23% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON* IN --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 11 Pages An Index of Exhibits appears on Page 11 7 AMENDMENTS TO SCHEDULE 13G ITEM 1(A). NAME OF ISSUER. This Schedule 13G relates to Aradigm Corporation, a California corporation (the "Company"). ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 26219 Eden Landing Road, Hayward, CA 94545. ITEM 2(A). NAME OF PERSONS FILING. This Schedule 13G relates to each of the following persons: - Frazier Healthcare II, L.P., a limited partnership ("FHII") - FHM II, L.L.C., a limited partnership ("FHMII") - Frazier Management, L.L.C., a limited liability company ("FMLLC") - Frazier & Company, Inc., a Washington corporation ("F&C Inc.") - Alan D. Frazier, as a director and sole shareholder of F&C Inc.; and The general partner of FHII is FHMII, whose managing member is FMLLC. The managing member of FMLLC is F&C Inc. The sole shareholder of F&C Inc. is Alan D. Frazier. ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE. The business address of each of the reporting persons is 601 Union Street, Suite 2110, Seattle, Washington 98101. ITEM 2(C). CITIZENSHIP. FHII is a limited partnership organized under the laws of the State of Delaware. FHMII and FMLLC are limited liability companies organized under the laws of the State of Delaware. F&C Inc.is a corporation organized under the laws of the State of Washington. Mr. Frazier is a United States citizen. ITEM 2(D). TITLE OF CLASS OF SECURITIES. This Schedule 13G relates to the Company's common stock, no par value per share (the "Common Stock"). Page 7 of 11 Pages An Index of Exhibits appears on Page 11 8 ITEM 2(E). CUSIP NUMBER. The CUSIP Number for the Company's Common Stock is 038505-10-3. ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act, (b) [ ] Bank as defined in Section 3(a)(6) of the Act, (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act, (e) [ ] Investment Advisor registered under Section 203 of the Investment Advisors Act of 1940, (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund, (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G), (h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H). NOT APPLICABLE. ITEM 4. OWNERSHIP. The following describes the ownership of Common Stock by FHII, FHMII, FMLLC, F&C Inc. and Mr. Alan D. Frazier as of December 31, 1996: (a) Amount beneficially owned: 636,363 (1) (b) Percent of class: 6.23% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or to direct the vote: 636,363 (1)(2) (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 636,363 (1) Page 8 of 11 Pages An Index of Exhibits appears on Page 11 9 (1) Represent shares of Common Stock held of record by FHII of which FHMII is the general partner. FMLLC is the managing member of FHMII and F&C Inc. is the managing member of FMLLC. Mr. Frazier is the sole shareholder of F&C Inc. (2) Power to vote or to direct the vote of, and power to dispose or to direct the disposition of, the reported shares is deemed to be shared among each of FHII, FHMII, FMLLC, F&C Inc. and Mr. Frazier. Each of such persons denies beneficial ownership of such shares except to the extent of such person's respective pecuniary interest. 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. Not applicable. 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 An Index of Exhibits appears on Page 11 10 SIGNATURE The undersigned hereby agree that this Schedule is filed on behalf of each of them and, after reasonable inquiry and to best of their knowledge and belief, hereby certify that the information set forth in this statement is true, complete and correct. Dated: February 5, 1997 FRAZIER HEALTHCARE II, L.P. By: FHM II, L.L.C. Its General Partner By: Frazier Management, L.L.C. Its Managing Member By: Frazier & Company, Inc. Its Managing Member By /s/ Alan D. Frazier ------------------------------- Alan D. Frazier, President FRAZIER MANAGEMENT, L.L.C. By: Frazier & Company, Inc. Its Managing Member By /s/ Alan D. Frazier ------------------------------- Alan D. Frazier, President FRAZIER & COMPANY, INC. By /s/ Alan D. Frazier ------------------------------- Alan D. Frazier, President, Director and Shareholder Page 10 of 11 Pages An Index of Exhibits appears on Page 11 11 EXHIBIT INDEX Statement required by reporting persons pursuant to Rule 13d-1(f)(1) (see signature page). Page 11 of 11 Pages An Index of Exhibits appears on Page 11 -----END PRIVACY-ENHANCED MESSAGE-----