-----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, AH1uCTW2g/wrqw2NXRoC7jy6TfTWk9xzmXZOCQBWpd67ugAYugFG+xGHMUAvTo8Q PGMGJ3xbCx8krcmzuIa3vQ== 0000927087-01-500049.txt : 20020412 0000927087-01-500049.hdr.sgml : 20020412 ACCESSION NUMBER: 0000927087-01-500049 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011128 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VAXGEN INC CENTRAL INDEX KEY: 0001036968 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 943236309 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56525 FILM NUMBER: 1801290 BUSINESS ADDRESS: STREET 1: 1000 MARINA BLVD STREET 2: STE 200 CITY: BRISBANE STATE: CA ZIP: 94005 BUSINESS PHONE: 6506241000 MAIL ADDRESS: STREET 1: 1000 MARINA BLVD STREET 2: STE 200 CITY: BRISBANE STATE: CA ZIP: 94005 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VULCAN VENTURES INC CENTRAL INDEX KEY: 0001014931 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 911374788 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 505 UNION STATION, 505 FIFTH AVENUE STREET 2: STE 900 CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: (206) 342-2000 MAIL ADDRESS: STREET 1: 505 UNION STATION, 505 FIFTH AVENUE STREET 2: STE 900 CITY: SEATTLE STATE: WA ZIP: 98104 SC 13D/A 1 vaxgen13d2.txt AMENDMENT NO. 3 TO SCHEDULE 13D ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden Hours per response. . .14.90 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C6. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3) VAXGEN, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 922390208 (CUSIP Number) William D. Savoy Lucas D. Schenck Vulcan Ventures Incorporated Foster Pepper & Shefelman PLLC 505 Union Station 1111 Third Avenue, Suite 3400 505 Fifth Avenue, Suite 900 Seattle, WA 98101 Seattle, WA 98104 (206) 447-4400 (206) 342-2000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 29, 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 which is the subject of this Schedule 13D, and is filing this schedule because of Sections 13d-1(e), 13d-1(f) or 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 Section 13d-7 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). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. - ------------------------------------------------------------------------------- CUSIP NO. 922390208 13D Page 2 of 8 Pages --------- - ------------------------------------------------------------------------------- - -------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Vulcan Ventures Incorporated - -------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ---------------------------------------------------------------------- 3 SEC USE ONLY - -------- ---------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - -------- ---------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) - -------- ---------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Washington - -------- ---------------------------------------------------------------------- ----- -------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY 7 SOLE VOTING POWER EACH REPORTING PERSON WITH -0- shares ----- -------------------------------- 8 SHARED VOTING POWER 2,528,992 shares (1) ----- -------------------------------- 9 SOLE DISPOSITIVE POWER -0- shares ----- -------------------------------- 10 SHARED DISPOSITIVE POWER 2,528,992 shares (1) - ---------------------------------------- ----- -------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,528,992 (1) - -------- ---------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------- ---------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 17.8% (2) - -------- ---------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------- ---------------------------------------------------------------------- (1) Directly owned by Vulcan Ventures Incorporated. Paul G. Allen is the sole shareholder of Vulcan Ventures Incorporated and may be deemed to have shared voting and dispositive power with respect to such shares. (2) Percentages are based upon 14,223,618 shares of Common Stock outstanding as of October 22, 2001 as reported on the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on November 1, 2001. Shares beneficially owned by Paul G. Allen are held indirectly through Vulcan Ventures Incorporated, a company owned 100% by Mr. Allen. *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP NO. 922390208 13D Page 3 of 8 Pages --------- - ------------------------------------------------------------------------------- - -------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Paul G. Allen - -------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ---------------------------------------------------------------------- 3 SEC USE ONLY - -------- ---------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - -------- ---------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) - -------- ---------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------- ---------------------------------------------------------------------- ------ ------------------------------ NUMBER OF SHARES BENEFICIALLY OWNED BY 7 SOLE VOTING POWER EACH REPORTING PERSON WITH -0- shares ------ ------------------------------ 8 SHARED VOTING POWER 2,528,992 (1) ------ ------------------------------ 9 SOLE DISPOSITIVE POWER -0- shares ------ ------------------------------ 10 SHARED DISPOSITIVE POWER 2,528,992 (1) - ----------------------------------------- ------ ------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,528,992 (1) - -------- ---------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------- ---------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 17.8% (2) - -------- ---------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------- ---------------------------------------------------------------------- (1) Directly owned by Vulcan Ventures Incorporated. Paul G. Allen is the sole shareholder of Vulcan Ventures Incorporated and may be deemed to have shared voting and dispositive power with respect to such shares. (2) Percentages are based upon 14,223,618 shares of Common Stock outstanding as of October 22, 2001 as reported on the issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 1, 2001. Shares beneficially owned by Paul G. Allen are held indirectly through Vulcan Ventures Incorporated, a company owned 100% by Mr. Allen. *SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D Introductory Note This amendment No. 3 (the "Amendment") amends and supplements the statement on Schedule 13D filed by Vulcan Ventures and Paul G. Allen on July 12, 1999, as previously amended, and relates to the Common Stock, $0.01 par value per share (the "Common Stock"), of VaxGen, Inc., (the "Issuer") a Delaware corporation. Only those items amended are reported herein. Capitalized terms not defined herein have the meaning ascribed to them on Schedule 13D. Item 2. Identity and Background. The persons filing this statement are Vulcan Ventures Incorporated ("Vulcan Ventures") and Paul G. Allen. Vulcan Ventures is a Washington corporation whose principal business is investing in various companies. Paul G. Allen is its sole shareholder. The principal office of Vulcan Ventures is located at 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. All of Vulcan Ventures' executive officers and directors are U.S. citizens. Their names, business addresses and principal occupations are as follows: Paul G. Allen, Vulcan Ventures Incorporated, 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. Mr. Allen is Chairman, President and sole shareholder of Vulcan Ventures and a Director and sole shareholder of Vulcan Inc. William D. Savoy, Vulcan Inc., 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. Mr. Savoy is Vice President and a Director of Vulcan Ventures and Chairman and President of Vulcan Northwest Inc. Bert E. Kolde, Digeo Broadband, Inc., 12131 113th Avenue NE, Suite 203, Kirkland, WA 98034. Mr. Kolde is a Senior Vice President of Digeo Broadband, Inc., Vice President, Treasurer and a Director of Vulcan Ventures and a Vice President of Vulcan Inc. Jo Allen Patton, Vulcan Inc., 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. Ms. Patton is Vice Chairman and a Vice President of Vulcan Ventures and President, CEO and Vice Chairman of Vulcan Inc. Joseph D. Franzi, Vulcan Inc., 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. Mr. Franzi is Vice President and Secretary of Vulcan Ventures and Vice President of Vulcan Inc. Nathaniel T. Brown, Vulcan Inc., 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. Mr. Brown is Vice President of Vulcan Ventures and of Vulcan Inc. Richard E. Leigh, Jr., Vulcan Inc., 505 Union Station, 505 Fifth Avenue, Suite 900, Seattle, Washington 98104. Mr. Leigh is Vice President of Vulcan Ventures and of Vulcan Inc. During the last five years, Mr. Allen and Vulcan Ventures have not, nor, to the best knowledge of Vulcan Ventures, has any other person named in this Item 2, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 5. Interest in Securities of the Issuer. Vulcan Ventures and Mr. Allen beneficially own 2,528,992 shares of the Issuer's common stock. These shares represent approximately 17.8% of the shares of the class outstanding based upon 14,233,618 shares outstanding as of October 22, 2001 as reported on the Issuer's Quarterly Report, a Form 10-Q filed with the SEC on November 1, 2001. Vulcan Ventures and Mr. Allen share the power to vote and to direct the vote of, and the power to dispose and to direct the disposition of, all 2,528,992 shares. To the best knowledge of Vulcan Ventures and Mr. Allen, none of the other parties named in Item 2 owns any of the Issuer's common stock. Since May 25, 2001, Vulcan Ventures has disposed of 427,000 shares of the Issuer in the following transactions: DATE SHARES SOLD PRICE 05/25/01 52,000 $19.4557 06/18/01 11,000 $22.1272 06/19/01 6,000 $21.6758 06/20/01 11,000 $20.8965 06/21/01 13,500 $20.7671 06/22/01 14,000 $21.2352 06/25/01 14,000 $19.6630 06/26/01 27,500 $20.2109 06/27/01 10,000 $19.3094 06/28/01 10,500 $19.4352 06/29/01 7,500 $19.2441 07/09/01 17,000 $17.4226 07/10/01 11,400 $17.0207 07/11/01 15,600 $15.8593 07/12/01 20,000 $15.9370 07/13/01 18,000 $16.5996 07/16/01 11,000 $16.3591 07/17/01 11,000 $15.9914 07/18/01 12,000 $15.9725 07/19/01 9,000 $15.7428 08/06/01 11,000 $15.5409 08/07/01 6,000 $15.5067 08/08/01 4,000 $15.7175 08/09/01 8,000 $15.0375 08/10/01 4,000 $15.1025 08/13/01 2,800 $15.0000 08/14/01 4,200 $15.2214 08/15/01 2,400 $15.0000 09/05/01 8,414 $15.0099 09/06/01 13,186 $15.0538 10/23/01 2,600 $15.0000 10/24/01 7,000 $15.1092 10/25/01 5,000 $15.0000 10/26/01 20,000 $15.9014 10/29/01 26,400 $17.2573 Except as set forth above, Vulcan Ventures and Mr. Allen have not, nor, to the knowledge of Vulcan Ventures, has any of its executive officers, directors or controlling persons, effected any transactions in the Issuer's common stock during the past sixty (60) days. Item 7. Material to be Filed as Exhibits. Exhibit Description 99.1 Joint Filing Statement. 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: November 28, 2001 VULCAN VENTURES INCORPORATED By: /s/ William D. Savoy --------------------------------------------- William D. Savoy, Vice President * ---------------------------------------------- Paul G. Allen *By: /s/ William D. Savoy ----------------------------------------------- William D. Savoy as Attorney-in Fact for Paul G. Allen pursuant to a Power of Attorney filed on August 30, 1999, with the Schedule 13G of Vulcan Ventures Incorporated and Paul G. Allen for Pathogenesis, Inc. and incorporated herein by reference. EXHIBIT INDEX Exhibit Description 99.1 Joint Filing Statement. Exhibit 99.1 Joint Filing Statement We, the signatories of the Statement on Schedule 13D/A to which this Joint Filing Statement is attached, hereby agree that such Statement is filed, and any amendments thereto filed by either or both of us will be filed, on behalf of each of us. Dated: November 28, 2001 VULCAN VENTURES INCORPORATED By: /s/ William D. Savoy --------------------------------------------- William D. Savoy, Vice President * ---------------------------------------------- Paul G. Allen *By: /s/ William D. Savoy ----------------------------------------------- William D. Savoy as Attorney-in Fact for Paul G. Allen pursuant to a Power of Attorney filed on August 30, 1999, with the Schedule 13G of Vulcan Ventures Incorporated and Paul G. Allen for Pathogenesis, Inc. and incorporated herein by reference. -----END PRIVACY-ENHANCED MESSAGE-----