-----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, Qd9qbSL/uieFZwEAgbH1lmKP6rAlGMLvIN8XFXVKk0ECzvFosJDwlJ7f8yxV5ATk uacrqzYWnqsgi6RyfNu2Zw== 0000950005-06-000040.txt : 20060131 0000950005-06-000040.hdr.sgml : 20060131 20060131164748 ACCESSION NUMBER: 0000950005-06-000040 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060131 DATE AS OF CHANGE: 20060131 GROUP MEMBERS: OEA III MANAGEMENT, L.L.C. GROUP MEMBERS: ONSET ENTERPRISE ASSOCIATES III, L.P. GROUP MEMBERS: ONSET IV ENTREPRENEURS, L.P. GROUP MEMBERS: ONSET IV MANAGEMENT, L.L.C. GROUP MEMBERS: ONSET IV, L.P. GROUP MEMBERS: ONSET VENTURE SERVICES CORPORATION GROUP MEMBERS: ROBERT F. KUHLING, JR. GROUP MEMBERS: TERRY L. OPDENDYK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CURON MEDICAL INC CENTRAL INDEX KEY: 0001114365 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 770470324 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60601 FILM NUMBER: 06566510 BUSINESS ADDRESS: STREET 1: 46117 LANDING PARKWAY CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5106611800 MAIL ADDRESS: STREET 1: 46117 LANDING PARKWAY CITY: FREMONT STATE: CA ZIP: 94538 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ONSET ENTERPRISE ASSOCIATES III LP CENTRAL INDEX KEY: 0001277565 IRS NUMBER: 943281716 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A 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/A 1 p19641_13ga.txt SCHEDULE 13G/A #5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. 5)* UNDER THE SECURITIES EXCHANGE ACT OF 1934 CURON MEDICAL, INC. ------------------- (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 231292 10 3 ----------- (CUSIP Number) December 31, 2005 - -------------------------------------------------------------------------------- (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) |X| Rule 13d-1(c) |_| 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 13 Pages CUSIP No. 231292 10 3 Page 2 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons ONSET Enterprise Associates III, 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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power 2,506,639 Beneficially Owned By Each Reporting (6) Shared Voting Power -0- Person With (7) Sole Dispositive Power 2,506,639 (8) Shared Dispositive Power -0- - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 2,506,639 - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 5.78% - -------------------------------------------------------------------------------- (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. Page 2 of 13 Pages CUSIP No. 231292 10 3 Page 3 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons OEA III Management, L.L.C.(2) - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power 2,506,639 Beneficially Owned By Each Reporting (6) Shared Voting Power -0- Person With (7) Sole Dispositive Power 2,506,639 (8) Shared Dispositive Power -0- - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 2,506,639 - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 5.78% - -------------------------------------------------------------------------------- (12) Type Of Reporting Person OO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - -------------------------------- (2) Voting or dispositive decisions over the shares listed in Row (9) are made by the following individuals: R. Kuhling, Jr. and T. Opdendyk. Page 3 of 13 Pages CUSIP No. 231292 10 3 Page 4 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons ONSET IV, 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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power 485,150 Beneficially Owned By Each Reporting (6) Shared Voting Power -0- Person With (7) Sole Dispositive Power 485,150 (8) Shared Dispositive Power -0- - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 485,150 - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 1.12% - -------------------------------------------------------------------------------- (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., T. Opdendyk, S. Mason, L. Bottorff and M. Hilderbrand. Page 4 of 13 Pages CUSIP No. 231292 10 3 Page 5 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons ONSET IV Entrepreneurs, L.P.(4) - -------------------------------------------------------------------------------- (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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power 14,850 Beneficially Owned By Each Reporting (6) Shared Voting Power -0- Person With (7) Sole Dispositive Power 14,850 (8) Shared Dispositive Power -0- - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 14,850 - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 0.03% - -------------------------------------------------------------------------------- (12) Type Of Reporting Person PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - -------------------------------- (4) 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. Page 5 of 13 Pages CUSIP No. 231292 10 3 Page 6 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons ONSET IV Management, L.L.C.(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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power 500,000 Beneficially Owned By Each Reporting (6) Shared Voting Power -0- Person With (7) Sole Dispositive Power 500,000 (8) Shared Dispositive Power -0- - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 500,000 - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 1.15% - -------------------------------------------------------------------------------- (12) Type Of Reporting Person OO - -------------------------------------------------------------------------------- *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., T. Opdendyk, S. Mason, L. Bottorff and M. Hilderbrand. Page 6 of 13 Pages CUSIP No. 231292 10 3 Page 7 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons ONSET Venture Services Corporation(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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power 57,000 Beneficially Owned By Each Reporting (6) Shared Voting Power -0- Person With (7) Sole Dispositive Power 57,000 (8) Shared Dispositive Power -0- - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 57,000(7) - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 0.13% - -------------------------------------------------------------------------------- (12) Type Of Reporting Person CO - -------------------------------------------------------------------------------- *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. (7) Includes 57,000 shares subject to outstanding options exercisable within 60 days of the date of this filing. Page 7 of 13 Pages CUSIP No. 231292 10 3 Page 8 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons 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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting (6) Shared Voting Power 3,120,739 Person With (7) Sole Dispositive Power -0- (8) Shared Dispositive Power 3,120,739 - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 3,120,739(8) - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 7.18% - -------------------------------------------------------------------------------- (12) Type Of Reporting Person IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - -------------------------------- (8) Includes 114,100 shares subject to outstanding options exercisable within 60 days of the date of this filing. Page 8 of 13 Pages CUSIP No. 231292 10 3 Page 9 of 13 Pages - -------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons 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 - -------------------------------------------------------------------------------- Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting (6) Shared Voting Power 3,120,739 Person With (7) Sole Dispositive Power -0- (8) Shared Dispositive Power 3,120,739 - -------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 3,120,739(9) - -------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (9) Excludes Certain Shares* - -------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (9) 7.18% - -------------------------------------------------------------------------------- (12) Type Of Reporting Person IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! - -------------------------------- (9) Includes 114,100 shares subject to outstanding options exercisable within 60 days of the date of this filing. Page 9 of 13 Pages Item 1. (a) Name of Issuer: Curon Medical, Inc. ("Issuer") (b) Address of Issuer's Principal Executive Offices: 46117 Landing Parkway Freemont, California 94538 United States of America Item 2. (a) Name of Person Filing: ONSET Enterprise Associates III, L.P. ("OEAIII") OEA III Management, L.L.C. ("OEAIIIM") ONSET IV, L.P. ("ONSETIV") ONSET IV Entrepreneurs, L.P. ("ONSETIVE") ONSET IV Management, L.L.C. ("ONSETIVM") 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: OEAIII - Delaware OEAIIIM - California ONSETIV - Delaware ONSETIVE - Delaware ONSETIVM - Delaware OVSC - California Individuals: RFK - United States TLO - United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 231292 10 3 Item 3. Not applicable. Page 10 of 13 Pages Item 4 Ownership.
- --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- OEAIII OEAIIIM ONSETIV ONSETIVE ONSETIVM OSVC RFK TLO - --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- (a) Beneficial 2,506,639 2,506,639 485,150 14,850 500,000 57,000 3,120,739 3,120,739 Ownership - --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- (b) Percentage 5.78% 5.78% 1.12% 0.03% 1.15% 0.13% 7.18% 7.18% of Class - --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- (c) Sole 2,506,639 2,506,639 485,150 14,850 500,000 57,000 -0- -0- Voting Power - --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- Shared -0- -0- -0- -0- -0- -0- 3,120,739 3,120,739 Voting Power - --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- Sole 2,506,639 2,506,639 485,150 14,850 500,000 57,000 -0- -0- Dispositive Power - --------- ------------ ----------- ------------ ----------- ------------ ----------- ------------ ----------- ----------- Shared -0- -0- -0- -0- -0- -0- 3,120,739 3,120,739 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 OEAIII, ONSETIV, and ONSETIVE and the limited liability company agreements of each of OEAIIIM and ONSETIVM, 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. Page 11 of 13 Pages Date: January 31, 2006 ONSET ENTERPRISE ASSOCIATES III, L.P. ONSET IV, L.P. By: OEA III Management, L.L.C. By: ONSET IV Management, L.L.C. Its general partner Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ------------------------------- -------------------------------- Managing Director Managing Director OEA III MANAGEMENT, L.L.C. ONSET IV ENTREPRENEURS, L.P. By: ONSET IV 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 ONSET IV MANAGEMENT, L.L.C. By: /s/ Robert F. Kuhling, Jr. By: /s/ Terry L. Opdendyk ------------------------------- -------------------------------- President Managing Director /s/ Robert F. Kuhling, Jr. ------------------------------- Robert F. Kuhling, Jr. /s/ Terry L. Opdendyk ------------------------------- Terry L. Opdendyk EXHIBITS A: Joint Filing Statement Page 12 of 13 Pages EXHIBIT A AGREEMENT OF JOINT FILING We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of us. Date: January 31, 2006 ONSET ENTERPRISE ASSOCIATES III, L.P. ONSET IV, L.P. By: OEA III Management, L.L.C. By: ONSET IV Management, L.L.C. Its general partner Its general partner By: /s/ Terry L. Opdendyk By: /s/ Terry L. Opdendyk ------------------------------- -------------------------------- Managing Director Managing Director OEA III MANAGEMENT, L.L.C. ONSET IV ENTREPRENEURS, L.P. By: ONSET IV 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 ONSET IV MANAGEMENT, L.L.C. By: /s/ Robert F. Kuhling, Jr. By: /s/ Terry L. Opdendyk ------------------------------- -------------------------------- President Managing Director /s/ Robert F. Kuhling, Jr. ------------------------------- Robert F. Kuhling, Jr. /s/ Terry L. Opdendyk ------------------------------- Terry L. Opdendyk -----END PRIVACY-ENHANCED MESSAGE-----