-----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, FdIw/gh4G9PWyfuURDQ255e2eTjQRy2BZKLuPfVsa0pGPI8+GgNh8KaOq8F3XNRg EnJ9hxowenDDvY0DFzRIdQ== 0000950005-01-500219.txt : 20010611 0000950005-01-500219.hdr.sgml : 20010611 ACCESSION NUMBER: 0000950005-01-500219 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010608 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VERSATA INC CENTRAL INDEX KEY: 0001034397 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 680255203 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-60485 FILM NUMBER: 1656861 BUSINESS ADDRESS: STREET 1: 2101 WEBSTER ST CITY: OAKLAND STATE: CA ZIP: 94612 BUSINESS PHONE: 5102384100 FORMER COMPANY: FORMER CONFORMED NAME: VISION SOFTWARE TOOLS INC DATE OF NAME CHANGE: 19991115 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SIGMA MANAGEMENT IV LLC CENTRAL INDEX KEY: 0001134033 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943285834 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1600 EL CAMINO REAL #280 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6508531700 SC 13D/A 1 p13844-sc13da.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Amendment No. 1 Under the Securities Exchange Act of 1934 VERSATA, INC. ------------- (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 92598101 ------------------------------ (CUSIP Number) Marilyn Stallings Sigma Partners 1600 El Camino Real, Suite 280 Menlo Park, CA 94025 (650) 853-1700 ------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 31, 2001 ------------------------------ (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 that is the subject of this Schedule 13D, and is filing this schedule because of SS240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See SS240.13d-7(b) 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 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
- ------------------------------------------------------ --------------------------------------------------- CUSIP NO. 92598101 13D Page 2 of 11 pages - ------------------------------------------------------ --------------------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Sigma Partners V, L.P. - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------- -------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------- --------- ---------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 1,936,515 OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 8 SHARED VOTING POWER -0- --------- ---------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,936,515 --------- ---------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ----------- -------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,936,515 - ----------- -------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES N/A - ----------- -------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.66% - ----------- -------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ----------- --------------------------------------------------------------------------------------------------------
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- ------------------------------------------------------ --------------------------------------------------- CUSIP NO. 92598101 13D Page 3 of 11 pages - ------------------------------------------------------ --------------------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Sigma Associates V, L.P. - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------- -------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------- --------- ---------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 324,520 OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 8 SHARED VOTING POWER -0- --------- ---------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 324,520 --------- ---------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ----------- -------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 324,520 - ----------- -------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.78% - ----------- -------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ----------- --------------------------------------------------------------------------------------------------------
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- ------------------------------------------------------ --------------------------------------------------- CUSIP NO. 92598101 13D Page 4 of 11 pages - ------------------------------------------------------ --------------------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Sigma Investors V, L.P. - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------- -------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------- --------- ---------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 90,328 OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 8 SHARED VOTING POWER -0- --------- ---------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 90,328 --------- ---------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ----------- -------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 90,328 - ----------- -------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES N/A - ----------- -------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.21% - ----------- -------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ----------- --------------------------------------------------------------------------------------------------------
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- ------------------------------------------------------ --------------------------------------------------- CUSIP NO. 92598101 13D Page 5 of 11 pages - ------------------------------------------------------ --------------------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Sigma Management V, L.L.C. - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ----------- -------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------- --------- ---------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 2,351,363 OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 8 SHARED VOTING POWER -0- --------- ---------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 2,351,363 --------- ---------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - ----------- -------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,351,363 - ----------- -------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.66% - ----------- -------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ----------- --------------------------------------------------------------------------------------------------------
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- ------------------------------------------------------ --------------------------------------------------- CUSIP NO. 92598101 13D Page 6 of 11 pages - ------------------------------------------------------ --------------------------------------------------- - ----------- -------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Robert E. Davoli - ----------- -------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------- -------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - ----------- -------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------- --------- ---------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 241,261 OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH --------- ---------------------------------------------------------------------------- 8 SHARED VOTING POWER 2,351,363 --------- ---------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 241,261 --------- ---------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 2,351,363 - ----------- -------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,592,624 - ----------- -------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES N/A [ ] - ----------- -------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.24% - ----------- -------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ----------- --------------------------------------------------------------------------------------------------------
Page 6 of 11 Item 1. Security and the Issuer (a) Title of Security: Common Stock (b) Name of the Issuer: Versata, Inc., a Delaware corporation. (c) The Issuer's principal executive office: 300 Lakeside Drive, Suite 1500 Oakland, CA 94612 Description of Business: The Issuer provides software and services enabling customers to deploy transaction-based e-business software applications. Item 2. Identity and Background (a) Name of the Reporting Persons: i. Sigma Partners V, L.P. ("SP V"); ii. Sigma Associates V, L.P. ("SA V"); iii. Sigma Investors V, L.P. ("SI V"); v. Sigma Management V, L.L.C. ("SM V"); vi. Robert E. Davoli ("Davoli"). (b) Business address: 1600 El Camino Real, Suite 280 Menlo Park, CA 94025 (c) Present principal occupation or employment, and the name, principal business and address of any corporation or other organization in which such employment is conducted: SP V: Venture Capital Fund SA V: Venture Capital Fund SI V: Venture Capital Fund SM V: General Partner of SP V, SA V, and SI V Davoli: Managing Director of SM V Page 7 of 11 (d) Convictions in criminal proceedings in the past five years: None. (e) Judgments for violations of Securities Laws in the past five years: None. (f) Citizenship or Place of Organization SP V: Delaware SA V: Delaware SI V: Delaware SM V: Delaware Davoli: United States Item 3: Source and Amount of Funds or Other Consideration. On November 30, 1999, SP V acquired 1,258,723 shares of Versata, Inc. ("Issuer") Series F Preferred Stock for $6,998,499.88 using investment capital. On November 30, 1999, SA V acquired 231,283 shares of Issuer's Series F Preferred Stock for $1,285,933.48 using investment capital. On November 30, 1999, SI V acquired 50,601 shares of Issuer's Series F Preferred Stock for $281,341.56 using investment capital. Between November 21, 1995 and November 5, 1999, Davoli acquired in private transactions 88,936 shares of Issuer's Common Stock, 111,483 shares of Issuer's Series B Preferred Stock, 25,932 shares of Issuer's Series D Preferred Stock and 14,910 shares of Issuer's Series E Preferred Stock for a total of $515,036.03 using personal funds. On March 2, 2000, in connection with the initial public offering of Issuer's Common Stock (the "IPO"), SP V received 1,258,723 shares of Issuer's Common Stock in exchange for its Series F Preferred Stock. On March 2, 2000, in connection with the initial public offering of Issuer's Common Stock (the "IPO"), SA V received 231,283 shares of Issuer's Common Stock in exchange for its Series F Preferred Stock. On March 2, 2000, in connection with the initial public offering of Issuer's Common Stock (the "IPO"), SI V received 50,601 shares of Issuer's Common Stock in exchange for its Series F Preferred Stock. On March 2, 2000, in connection with the initial public offering of Issuer's Common Stock (the "IPO"), Davoli received 241,261 shares of Issuer's Common Stock in exchange for his shares of Common Stock and Series B, Series D and Series E Preferred Stock. On May 10, 200l, SP V acquired 104,500 shares of Issuer's Common Stock for $128,921.63 using investment capital. On May 11, 200l, SP V acquired 47,652 shares of Issuer's Common Stock for $58,788.26 using investment capital. On May 14, 200l, SP V acquired 79,086 shares of Issuer's Common Stock for $101,364.53 using investment capital. On May 15, 200l, SP V acquired 50,996 shares of Issuer's Common Stock for $74,530.65 using investment capital. On May 10, 200l, SA V acquired 14,375 shares of Issuer's Common Stock for $17,734.43 using investment capital. On May 11, 200l, SA V acquired 6,555 shares of Issuer's Common Stock for $8,086.90 using investment capital. On May 14, 200l, SA V acquired 10,879 shares of Issuer's Common Stock for $13,943.61 using investment capital. On May 15, 200l, SA V acquired 7,015 shares of Issuer's Common Stock for $10,252.42 using investment capital. Page 8 of 11 On May 10, 200l, SI V acquired 6,125 shares of Issuer's Common Stock for $7,556.41 using investment capital. On May 11, 200l, SI V acquired 2,793 shares of Issuer's Common Stock for $3,445.72 using investment capital. On May 14, 200l, SI V acquired 4,635 shares of Issuer's Common Stock for $5,940.68 using investment capital. On May 15, 200l, SI V acquired 2,989 shares of Issuer's Common Stock for $4,368.42 using investment capital. In a series of transactions occurring between May 16, 2001 and May 31, 2001, SP V acquired an additional 389,558 shares of Issuer's Common Stock for an aggregate purchase price of $545,007.64 using investment capital. In a series of transactions occurring between May 16, 2001 and May 31, 2001, SA V acquired an additional 54,413 shares of Issuer's Common Stock for an aggregate purchase price of $74,971.43 using investment capital. In a series of transactions occurring between May 16, 2001 and May 31, 2001, SI V acquired an additional 23,185 shares of Issuer's Common Stock for an aggregate purchase price of $31,944.61 using investment capital. Item 4. Purpose of the Transaction Reporting Persons acquired the securities of Issuer for purposes of investment. Reporting Persons currently have no plans or proposals with respect to Issuer. Item 5. Interest in Securities of the Issuer
========================== ================== =================== ================== ================== =================== SP V SA V SI V SM V Davoli - -------------------------- ------------------ ------------------- ------------------ ------------------ ------------------- Beneficial Ownership 1,936,515 324,520 90,328 2,351,363 2,592,624 - -------------------------- ------------------ ------------------- ------------------ ------------------ ------------------- Percentage of Class 4.66% 0.78% 0.21% 5.66% 6.24% - -------------------------- ------------------ ------------------- ------------------ ------------------ ------------------- Sole Voting Power 1,936,515 324,520 90,328 2,351,363 241,261 - -------------------------- ------------------ ------------------- ------------------ ------------------ ------------------- Shared Voting Power -0- -0- -0- -0- 2,351,363 - -------------------------- ------------------ ------------------- ------------------ ------------------ ------------------- Sole Dispositive Power 1,936,515 324,520 90,328 2,351,363 241,261 - -------------------------- ------------------ ------------------- ------------------ ------------------ ------------------- Shared Dispositive Power -0- -0- -0- -0- 2,351,363 ========================== ================== =================== ================== ================== ===================
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits Exhibit A: Joint Filing Statement Page 9 of 11 SIGNATURE 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.
Sigma Partners V, L.P. By Sigma Management V, L.L.C., its General Partner By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date Sigma Associates V, L.P. By Sigma Management V, L.L.C., its General Partner By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date Sigma Investors V, L.P. By Sigma Management V, L.L.C., its General Partner By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date Sigma Management V, L.L.C. By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date /s/ Robert E. Davoli. June 7, 2001 - --------------------------------------------- ------------------------------------------------- Robert E. Davoli. Date
Page 10 of 11 EXHIBIT A Joint Filing Statement We, the undersigned, hereby express our agreement that the attached Schedule 13D is filed on behalf of each of us.
Sigma Partners V, L.P. By Sigma Management V, L.L.C., its General Partner By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date Sigma Associates V, L.P. By Sigma Management V, L.L.C., its General Partner By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date Sigma Investors V, L.P. By Sigma Management V, L.L.C., its General Partner By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date Sigma Management V, L.L.C. By: /s/ Robert E. Davoli June 7, 2001 ---------------------------------------- ------------------------------------------------- Managing Director Date /s/ Robert E. Davoli. June 7, 2001 - --------------------------------------------- ------------------------------------------------- Robert E. Davoli. Date
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