-----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, SHKGnt0129YP5ibBQ7Vmz2Ezrz4sZDNLV2yroe0ZTzRLzNIB3+dF7VoNWot0S1fI wr6orNT8TmzAyV1mbB0iuw== 0000950005-04-000058.txt : 20040130 0000950005-04-000058.hdr.sgml : 20040130 20040130161653 ACCESSION NUMBER: 0000950005-04-000058 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040130 GROUP MEMBERS: GS PEP I OFFSHORE ONSET STANDBY FUND, L.P. GROUP MEMBERS: GS PEP I ONSET STANDBY FUND, L.P. GROUP MEMBERS: OEA II MANAGEMENT, L.P. GROUP MEMBERS: OEA III MANAGEMENT, L.L.C. GROUP MEMBERS: ONSET ENTERPRISE ASSOCIATES II, L.P. GROUP MEMBERS: ONSET ENTERPRISE ASSOCIATES III, L.P. GROUP MEMBERS: ONSET STANDBY FUND, L.P. GROUP MEMBERS: ONSET STANDBY MANAGEMENT, L.L.C. GROUP MEMBERS: ONSET VENTURE SERVICES CORPORATION GROUP MEMBERS: ROBERT F. KUHLING, JR. GROUP MEMBERS: TERRY L. OPDENDYK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CALLIDUS SOFTWARE INC CENTRAL INDEX KEY: 0001035748 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 770438629 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79496 FILM NUMBER: 04556176 BUSINESS ADDRESS: STREET 1: 160 WEST SANTA CLARA STREET STREET 2: 15TH FLOOR CITY: SAN JOSE STATE: CA ZIP: 95113 FORMER COMPANY: FORMER CONFORMED NAME: TALLYUP SOFTWARE INC DATE OF NAME CHANGE: 19980807 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ONSET ENTERPRISE ASSOCIATES II LP CENTRAL INDEX KEY: 0000934030 IRS NUMBER: 770387711 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2400 SAND HILL ROAD STREET 2: SUITE 150 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6505290700 MAIL ADDRESS: STREET 1: 2400 SAND HILL ROAD STREET 2: SUITE 150 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 p18120_sc13g.txt SCHEDULE 13G -------------------------- OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response......11 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ SCHEDULE 13G (Amendment No. __)* INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) CALLIDUS SOFTWARE, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 13123E 50 0 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2003 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) * 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). Page 1 of pages 17 CUSIP No. 13123E 50 0 Page 2 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ONSET Enterprise Associates II, L.P.(1) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,683,826 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,683,826 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,683,826(2) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.49% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (1) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr. and T. Opdendyk. (2) Includes 3,750 shares subject to outstanding options that are exercisable within 60 days of the date of this filing. CUSIP No. 13123E 50 0 Page 3 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) OEA II Management, L.P.(3) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,683,826 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,683,826 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,683,826(4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.49% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (3) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr. and T. Opdendyk. (4) Includes 3,750 shares subject to outstanding options that are exercisable within 60 days of the date of this filing. CUSIP No. 13123E 50 0 Page 4 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ONSET Enterprise Associates III, L.P.(5) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 558,647 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 558,647 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 558,647 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.48% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (5) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr. and T. Opdendyk. CUSIP No. 13123E 50 0 Page 5 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) OEA III Management, L.L.C.(6) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 558,647 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 558,647 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 558,647 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.48% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (6) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr. and T. Opdendyk. CUSIP No. 13123E 50 0 Page 6 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ONSET Standby Fund, L.P.(7) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 480,000 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 480,000 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 480,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.13% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (7) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr., T. Opdendyk, S. Mason, L. Bottorff and M. Hilderbrand. CUSIP No. 13123E 50 0 Page 7 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) GS PEP I ONSET Standby Fund, L.P.(8) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 162,142 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 162,142 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 162,142 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) .72% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (8) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr., T. Opdendyk, S. Mason, L. Bottorff and M. Hilderbrand. CUSIP No. 13123E 50 0 Page 8 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) GS PEP I Offshore ONSET Standby Fund, L.P.(9) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 77,857 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 77,857 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,857 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) .35% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (9) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr., T. Opdendyk, S. Mason, L. Bottorff and M. Hilderbrand. CUSIP No. 13123E 50 0 Page 9 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ONSET Standby Management, L.L.C.(10) - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 719,999 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 719,999 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 719,999 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.20% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (10) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr., T. Opdendyk, S. Mason, L. Bottorff and M. Hilderbrand. CUSIP No. 13123E 50 0 Page 10 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ONSET Venture Services Corporation(11) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 11,880 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 11,880 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,880 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.05% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (11) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr. and T. Opdendyk. CUSIP No. 13123E 50 0 Page 11 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Robert F. Kuhling, Jr. - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 2,981,352 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,981,352 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,981,352(12) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (12) Includes 10,750 shares subject to outstanding options exercisable within 60 days of the date of this filing. CUSIP No. 13123E 50 0 Page 12 of 17 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Terry L. Opdendyk - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 2,981,352 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,981,352 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,981,352(13) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.26% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - ---------- (13) Includes 10,750 shares subject to outstanding options exercisable within 60 days of the date of this filing. Item 1. (a) Name of Issuer: Callidus Software, Inc. ("Issuer") (b) Address of Issuer's Principal Executive Offices: 160 West Santa Clara Street, Suite 1500 San Jose, California 95113 United States of America Item 2. (a) Name of Person Filing: ONSET Enterprise Associates II, L.P. ("OEAII") OEA II Management, L.P. ("OEAIIM") ONSET Enterprise Associates III, L.P. ("OEAIII") OEA III Management, L.L.C. ("OEAIIIM") ONSET Standby Fund, L.P. ("ONSETSB") GS PEP I ONSET Standby Fund, L.P. ("GSPEP") GS PEP I Offshore ONSET Standby Fund, L.P. ("GSPEPOFF") ONSET Standby Management, L.L.C. ("ONSETSBM") ONSET Venture Services Corporation ("OVSC") Robert F. Kuhling, Jr. ("RFK") Terry L. Opdendyk ("TLO") (b) Address of Principal Business Office: 2400 Sand Hill Road, Suite 150 Menlo Park, California 94025 (c) Citizenship/Place of Organization: Entities: OEAII - Delaware OEAIIM - Delaware OEAIII - Delaware OEAIIIM - California ONSETSB - Delaware GSPEP - Delaware GSPEPOFF - Delaware ONSETSBM - Delaware OVSC - California Individuals: RFK - United States TLO - United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 13123E 50 0 Item 3. Not applicable. Item 4 Ownership.
- ------------------------------------------------------------------------------------------------------------------------- OEAII OEAIIM OEAIII OEAIIIM ONSETSB GSPEP GSPEPOFF ONSETSBM - ------------------------------------------------------------------------------------------------------------------------- (a) Beneficial 1,683,826 1,683,826 558,647 558,647 480,000 162,142 77,857 719,999 Ownership - ------------------------------------------------------------------------------------------------------------------------- (b) Percentage 7.49 7.49 7.49 7.49 2.13 0.72 0.35 3.20 of Class - ------------------------------------------------------------------------------------------------------------------------- (c) Sole 1,683,826 1,683,826 558,647 558,647 480,000 162,142 77,857 719,999 Voting Power - ------------------------------------------------------------------------------------------------------------------------- Shared Voting Power - ------------------------------------------------------------------------------------------------------------------------- Sole 1,683,826 1,683,826 558,647 558,647 480,000 162,142 77,857 719,999 Dispositive Power - ------------------------------------------------------------------------------------------------------------------------- Shared Dispositive Power - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- OVSC TLO RFK - ------------------------------------------------------------------------------------------------------------------------- (a) Beneficial 11,880 2,981,352 2,981,352 Ownership - ------------------------------------------------------------------------------------------------------------------------- (b) Percentage 0.05 13.26 13.26 of Class - ------------------------------------------------------------------------------------------------------------------------- (c) Sole 11,880 Voting Power - ------------------------------------------------------------------------------------------------------------------------- Shared 2,981,352 2,981,352 Voting Power - ------------------------------------------------------------------------------------------------------------------------- Sole 11,880 Dispositive Power - ------------------------------------------------------------------------------------------------------------------------- Shared 2,981,352 2,981,352 Dispositive Power - -------------------------------------------------------------------------------------------------------------------------
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 each of OEA II, OEAIII, ONSETSB, GSPEP and GSPEPOFF and the limited liability company agreements of each of OEAIIM, OEAIIIM and ONSETSBM, 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 No reporting person is a member of a group as defined in Section 240.13d-1(b)(1)(ii)(J) of the Act. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification 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. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Date: January 29, 2004
ONSET ENTERPRISE ASSOCIATES II, L.P. ONSET ENTERPRISE ASSOCIATES III, L.P. By: OEA II Management, L.P. By: OEA III Management, L.L.C. Its general partner Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- -------------------------------------- General Partner Managing Director OEA II MANAGEMENT, L.P. OEA III MANAGEMENT, L.L.C. By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- ------------------------------------- General Partner Managing Director ONSET STANDBY FUND, L.P. GS PEP I ONSET STANDBY FUND, L.P. By: ONSET Standby Management, L.L.C. By: ONSET Standby Management, L.L.C. Its general partner Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- ------------------------------------- Managing Director Managing Director GS PEP I OFFSHORE ONSET STANDBY FUND, L.P. ONSET STANDBY MANAGEMENT, L.L.C. By: ONSET Standby Management, L.L.C. Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- ------------------------------------- Managing Director Managing Director ONSET VENTURE SERVICES CORPORATION By: /s/ Robert F. Kuhling, Jr. ----------------------------------------- President /s/ Robert F. Kuhling, Jr. - -------------------------------------------- Robert F. Kuhling, Jr. /s/ Terry L. Opdendyk - -------------------------------------------- Terry L. Opdendyk
EXHIBITS A: Joint Filing Statement EXHIBIT A AGREEMENT OF JOINT FILING We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of us. January 29, 2004
ONSET ENTERPRISE ASSOCIATES II, L.P. ONSET ENTERPRISE ASSOCIATES III, L.P. By: OEA II Management, L.P. By: OEA III Management, L.L.C. Its general partner Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- -------------------------------------- General Partner Managing Director OEA II MANAGEMENT, L.P. OEA III MANAGEMENT, L.L.C. By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- ------------------------------------- General Partner Managing Director ONSET STANDBY FUND, L.P. GS PEP I ONSET STANDBY FUND, L.P. By: ONSET Standby Management, L.L.C. By: ONSET Standby Management, L.L.C. Its general partner Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- ------------------------------------- Managing Director Managing Director GS PEP I OFFSHORE ONSET STANDBY FUND, L.P. ONSET STANDBY MANAGEMENT, L.L.C. By: ONSET Standby Management, L.L.C. Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ----------------------------------------- ------------------------------------- Managing Director Managing Director ONSET VENTURE SERVICES CORPORATION By: /s/ Robert F. Kuhling, Jr. ----------------------------------------- President /s/ Robert F. Kuhling, Jr. - -------------------------------------------- Robert F. Kuhling, Jr. /s/ Terry L. Opdendyk - -------------------------------------------- Terry L. Opdendyk
-----END PRIVACY-ENHANCED MESSAGE-----