0000950005-05-000120.txt : 20120725
0000950005-05-000120.hdr.sgml : 20120725
20050208171333
ACCESSION NUMBER: 0000950005-05-000120
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050208
DATE AS OF CHANGE: 20050208
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CUTERA INC
CENTRAL INDEX KEY: 0001162461
STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
IRS NUMBER: 770492262
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-80034
FILM NUMBER: 05584847
BUSINESS ADDRESS:
STREET 1: 3240 BAYSHORE BOULEVARD
CITY: BRISBANE
STATE: CA
ZIP: 94005
BUSINESS PHONE: 94005
MAIL ADDRESS:
STREET 1: 3240 BAYSHORE BOULEVARD
CITY: BRISBANE
STATE: CA
ZIP: 94005
FORMER COMPANY:
FORMER CONFORMED NAME: ALTUS MEDICAL INC
DATE OF NAME CHANGE: 20011119
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: ALTA PARTNERS
CENTRAL INDEX KEY: 0001060013
IRS NUMBER: 943238854
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: ONE EMBARCADERO CENTER
STREET 2: STE 4050
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
BUSINESS PHONE: 4153624022
MAIL ADDRESS:
STREET 1: ONE EMBARCADERO CENTER
STREET 2: STE 4050
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
SC 13G
1
p19124_13g.txt
FORM SC 13G
United States
Securities and Exchange Commission
WASHINGTON, D.C. 20549
Schedule 13G
(Amendment No. __)*
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CUTERA, INC.
------------------------------------------------------
(Name of Issuer)
Common Stock
------------------------------------------------------
(Title of Class of Securities)
232109108
------------------------------------------------------
(CUSIP Number)
December 31, 2004
------------------------------------------------------
(Date of Event That 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).
CUSIP No. 232109108 Page 2 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Alta Partners
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,000,000 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.13% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IA
-------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 3 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Alta California Partners II, L. P.
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,000,000 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.13% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
PN
-------------------------------------------------------------------------------------------------------------------
CUSIP No. 232109108 Page 4 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Alta California Management Partners II, LLC
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,000,000 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.13% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
CO
-------------------------------------------------------------------------------------------------------------------
CUSIP No. 232109108 Page 5 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Alta Embarcadero Partners II, LLC
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,000,000 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.13% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
CO
-------------------------------------------------------------------------------------------------------------------
CUSIP No. 232109108 Page 6 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Guy Nohra
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power 30,000
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A & Footnote 1
--------------------------------------------------------------
(7) Sole Dispositive Power 30,000
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A & Footnote 1
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,030,000 Please see Attachment A & Footnote 1
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.40% Please see Attachment A & Footnote 1
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IN
-------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Footnote 1: Includes 987,524 shares beneficially owned by Alta California Partners II, L.P., 12,476 shares owned by
Alta Embarcadero Partners II, LLC, and Stock Options for 30,000 shares of Common Stock held by Guy Nohra. Please see
Attachment A.
CUSIP No. 232109108 Page 7 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Jean Deleage
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,000,000 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.13% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IN
-------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 8 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Garrett Gruener
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 1,000,000
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 1,000,000
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
1,000,000 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.13% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IN
-------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 9 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Daniel Janney
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 987,524
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 987,524
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
987,524 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.01% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IN
-------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 10 of 16 Pages
-------------------------------------------------------------------------------------------------------------------
(1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons
Alix Marduel
-------------------------------------------------------------------------------------------------------------------
(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
-------------------------------------------------------------------------------------------------------------------
Please see Attachment A
Number Of Shares (5) Sole Voting Power -0-
Beneficially Owned
By Each Reporting --------------------------------------------------------------
Person With (6) Shared Voting Power 987,524
Please see Attachment A
--------------------------------------------------------------
(7) Sole Dispositive Power -0-
--------------------------------------------------------------
(8) Shared Dispositive Power 987,524
Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned By Each Reporting Person
987,524 Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares*
-------------------------------------------------------------------------------------------------------------------
(11) Percent Of Class Represented By Amount In Row (11)
9.01% Please see Attachment A
-------------------------------------------------------------------------------------------------------------------
(12) Type Of Reporting Person
IN
-------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Item 1.
(a) Name of Issuer: Cutera, Inc. ("Issuer")
(b) Address of Issuer's Principal Executive Offices:
3240 Bayshore Blvd.
Burlingame, CA 94005
Item 2.
(a) Name of Person Filing:
Alta Partners ("AP")
Alta California Partners II, L.P. ("ACPII")
Alta California Management Partners II, LLC ("ACMPII")
Alta Embarcadero Partners II, LLC ("AEPII")
Jean Deleage ("JD")
Garrett Gruener ("GG")
Daniel Janney ("DJ")
Alix Marduel ("AM")
Guy Nohra ("GN")
(b) Address of Principal Business Office:
One Embarcadero Center, Suite 4050
San Francisco, CA 94111
(c) Citizenship/Place of Organization:
Entities: AP California
ACPII Delaware
ACMPII Delaware
AEPII California
Individuals: JD United States
GG United States
DJ United States
AM United States
GN United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 232109108
Item 3. Not applicable.
Item 4 Ownership.
Please see Attachment A
------- ------------------ ----------- ----------- ------------ ----------- -------------
AP ACPII ACMPII AEPII GN
------- ------------------ ----------- ----------- ------------ ----------- -------------
(a) Beneficial 1,000,000 1,000,000 1,000,000 1,000,000 1,030,000
Ownership
------- ------------------ ----------- ----------- ------------ ----------- -------------
(b) Percentage of 9.13% 9.13% 9.13% 9.13% 9.40%
Class
------- ------------------ ----------- ----------- ------------ ----------- -------------
(c) Sole Voting Power -0- -0- -0- -0- 30,000
------- ------------------ ----------- ----------- ------------ ----------- -------------
Shared Voting 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Power
------- ------------------ ----------- ----------- ------------ ----------- -------------
Sole Dispositive -0- -0- -0- -0- 30,000
Power
------- ------------------ ----------- ----------- ------------ ----------- -------------
Shared 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Dispositive Power
------- ------------------ ----------- ----------- ------------ ----------- -------------
JD GG DJ AM
------- ------------------ ----------- ----------- ------------ ----------- -------------
(a) Beneficial 1,000,000 1,000,000 987,524 987,524
Ownership
------- ------------------ ----------- ----------- ------------ ----------- -------------
(b) Percentage of 9.13% 9.13% 9.01% 9.01%
Class
------- ------------------ ----------- ----------- ------------ ----------- -------------
(c) Sole Voting Power -0- -0- -0- -0-
------- ------------------ ----------- ----------- ------------ ----------- -------------
Shared Voting 1,000,000 1,000,000 987,524 987,524
Power
------- ------------------ ----------- ----------- ------------ ----------- -------------
Sole Dispositive -0- -0- -0- -0-
Power
------- ------------------ ----------- ----------- ------------ ----------- -------------
Shared 1,000,000 1,000,000 987,524 987,524
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
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group
No reporting person is a member of a group as defined in Section
240.13d-1(b)(1)(ii)(H) of the Act.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below we certify that, to the best of our 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.
EXHIBITS
A: Joint Filing Statement
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.
Date: February 3, 2005
ALTA PARTNERS ALTA CALIFORNIA PARTNERS II, L.P.
By: Alta California Management Partners II, LLC,
Its General Partner
By: /s/ Jean Deleage By: /s/ Guy Nohra .
----------------------------------------- -----------------------------------------------
Jean Deleage, President Guy Nohra, Member
ALTA CALIFORNIA MANAGEMENT PARTNERS II, LLC ALTA EMBARCADERO PARTNERS II, LLC
By: /s/ Guy Nohra By: /s/ Guy Nohra
----------------------------------------- -----------------------------------------------
Guy Nohra, Member Guy Nohra, Member
/s/ Jean Deleage /s/ Guy Nohra
-------------------------------------------- -----------------------------------------------
Jean Deleage Guy Nohra
/s/ Garrett Gruener /s/ Alix Marduel
-------------------------------------------- -----------------------------------------------
Garrett Gruener Alix Marduel
/s/ Daniel Janney
--------------------------------------------
Daniel Janney
EXHIBIT A
AGREEMENT OF JOINT FILING
Date: February 3, 2005
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.
ALTA PARTNERS ALTA CALIFORNIA PARTNERS II, L.P.
By: Alta California Management Partners II, LLC,
Its General Partner
By: /s/ Jean Deleage By: /s/ Guy Nohra .
----------------------------------------- -----------------------------------------------
Jean Deleage, President Guy Nohra, Member
ALTA CALIFORNIA MANAGEMENT PARTNERS II, LLC ALTA EMBARCADERO PARTNERS II, LLC
By: /s/ Guy Nohra By: /s/ Guy Nohra
----------------------------------------- --------------------------------------------
Guy Nohra, Member Guy Nohra, Member
/s/ Jean Deleage /s/ Guy Nohra
-------------------------------------------- -----------------------------------------------
Jean Deleage Guy Nohra
/s/ Garrett Gruener /s/ Alix Marduel
-------------------------------------------- -----------------------------------------------
Garrett Gruener Alix Marduel
/s/ Daniel Janney
--------------------------------------------
Daniel Janney
Attachment A
Alta Partners provides investment advisory services to several venture capital
funds including Alta California Partners II, L.P. and Alta Embarcadero Partners
II, LLC. Alta California Partners II, L.P. beneficially owns 987,524 shares of
Common Stock and Alta Embarcadero Partners II, LLC beneficially owns 12,476
shares of Common Stock. The respective general partners and members of Alta
California Partners II, L.P. and Alta Embarcadero Partners II, LLC exercise sole
voting and investment power in respect to the shares owned by such funds.
Certain principals of Alta Partners are members of Alta California Management
Partners II, LLC (which is a general partner of Alta California Partners II,
L.P.) and members of Alta Embarcadero Partners II, LLC. As members of such
entities, they may be deemed to share voting and investment powers over the
shares held by such funds. The principals of Alta Partners disclaim beneficial
ownership of all such shares held by the foregoing funds, except to the extent
of their proportionate pecuniary interests therein.
Mr. Guy Nohra, Director, is a member of Alta California Management Partners II,
LLC (which is the general partner of Alta California Partners II, L.P.) and a
member of Alta Embarcadero Partners II, LLC. Thus he currently shares voting and
dispositive powers over the 987,524 shares of Common Stock beneficially owned by
Alta California Partners II, L.P. and the 12,476 shares beneficially owned by
Alta Embarcadero Partners II, LLC. He disclaims beneficial ownership of all such
shares held by the foregoing funds except to the extent of his proportionate
pecuniary interests therein. He holds Stock Options for 30,000 shares of Common
Stock granted on 5/10/2004 that will vest one-third annually over a three year
period and will expire on 5/10/2014.
Mr. Jean Deleage is a member of Alta California Management Partners II, LLC
(which is the general partner of Alta California Partners II, L.P.) and a member
of Alta Embarcadero Partners II, LLC. Thus he currently shares voting and
dispositive powers over the 987,524 shares of Common Stock beneficially owned by
Alta California Partners II, L.P. and the 12,476 shares beneficially owned by
Alta Embarcadero Partners II, LLC. He disclaims beneficial ownership of all such
shares held by the foregoing funds except to the extent of his proportionate
pecuniary interests therein.
Mr. Garrett Gruener is a member of Alta California Management Partners II, LLC
(which is the general partner of Alta California Partners II, L.P.) and a member
of Alta Embarcadero Partners II, LLC. Thus he currently shares voting and
dispositive powers over the 987,524 shares of Common Stock beneficially owned by
Alta California Partners II, L.P. and the 12,476 shares beneficially owned by
Alta Embarcadero Partners II, LLC. He disclaims beneficial ownership of all such
shares held by the foregoing funds except to the extent of his proportionate
pecuniary interests therein.
Daniel Janney is a member of Alta California Management Partners II, LLC (which
is the general partner of Alta California Partners II, L.P.). Thus he currently
shares voting and dispositive powers over the 987,524 shares of Common Stock
beneficially owned by Alta California Partners II, L.P. He disclaims beneficial
ownership of all such shares held by the foregoing funds except to the extent of
his proportionate pecuniary interests therein.
Dr. Alix Marduel is a member of Alta California Management Partners II, LLC
(which is the general partner of Alta California Partners II, L.P.). Thus she
currently shares voting and dispositive powers over the 987,524 shares of Common
Stock beneficially owned by Alta California Partners II, L.P. She disclaims
beneficial ownership of all such shares held by the foregoing funds except to
the extent of her proportionate pecuniary interests therein.
Alta Partners is a venture capital firm with an office in San Francisco. Alta
Partners is California Corporation. Alta California Partners II, L.P. is a
Delaware Limited Partnership, and Alta Embarcadero Partners II, LLC is a
California Limited Liability Company.