-----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, Bko1dxPo3/Th7dV2h4OuIUZpTOjtNhx4yz9dvxR4sehRbbr43ElLW5y3HbeaYlyX cGcry5ZgthCIY3y7mH7ogw== 0001045969-00-000092.txt : 20000211 0001045969-00-000092.hdr.sgml : 20000211 ACCESSION NUMBER: 0001045969-00-000092 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000210 GROUP MEMBERS: CORAL MANAGEMENT PARTNERS II, LP GROUP MEMBERS: CORAL MANAGEMENT PARTNERS IV, LP GROUP MEMBERS: CORAL PARTNERS II LP GROUP MEMBERS: CORAL PARTNERS IV, LP GROUP MEMBERS: LINDA L. WATCHMAKER GROUP MEMBERS: PETER H. MCNERNEY GROUP MEMBERS: YUVAL ALMOG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AKSYS LTD CENTRAL INDEX KEY: 0000902600 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 363890205 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-49959 FILM NUMBER: 531404 BUSINESS ADDRESS: STREET 1: TWO MARRIOTT DR STREET 2: STE 300 CITY: LIBERTYVILLE STATE: IL ZIP: 60069 BUSINESS PHONE: 8472476051 MAIL ADDRESS: STREET 1: 1113 S MILWAUKEE AVE STREET 2: SUITE 300 CITY: LIBERTYVILLE STATE: IL ZIP: 60048 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CORAL PARTNERS II LP CENTRAL INDEX KEY: 0000924591 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 411662632 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 60 SOUTH SIXTH STREET SUITE 3510 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6123358666 MAIL ADDRESS: STREET 1: 60 SOUTH SIXTH STREET SUITE 3510 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 SC 13G/A 1 SCHEDULE 13G AMENDMENT NO. 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* Aksys, Ltd. ---------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 10196103 -------------- (CUSIP Number) Check the following box if a fee is being paid with this statement [_]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1: and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13D-7). *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. 10196103 13G Page 2 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Partners II, a limited partnership SEC ID #0000924591 - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 3,495,751 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 0 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 3,495,751 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,495,751 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 23.36% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ------------ ------------------------------------------------------------------- SEE INSTRUCTION BEFORE FILLING OUT! - ------------------ ------------------ CUSIP No. 10196103 13G Page 3 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Management Partners II, Limited Partnership - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 3,495,751 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 0 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 3,495,751 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,495,751 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 23.36% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ------------ ------------------------------------------------------------------- SEE INSTRUCTION BEFORE FILLING OUT! - ------------------ ------------------ CUSIP No. 10196103 13G Page 4 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Partners IV, Limited Partnership - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 857,143 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 0 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 857,143 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 857,143 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.73% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ------------ ------------------------------------------------------------------- SEE INSTRUCTION BEFORE FILLING OUT! - ------------------ ------------------ CUSIP No. 10196103 13G Page 5 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Management Partners IV, Limited Partnership - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 857,143 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 0 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 857,143 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 857,143 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.73% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ------------ ------------------------------------------------------------------- SEE INSTRUCTION BEFORE FILLING OUT! - ------------------ ------------------ CUSIP No. 10196103 13G Page 6 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Yuval Almog - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States (MN) - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 24,529 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 4,357,869 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 24,529 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,357,869 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,382,398 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 29.28% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------ ------------------------------------------------------------------- SEE INSTRUCTION BEFORE FILLING OUT! - ------------------ ------------------ CUSIP No. 10196103 13G Page 7 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter H. McNerney - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States (MN) - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 70,457 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 4,352,894 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 70,457 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 4,352,892 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,423,351 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 29.55% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------ ------------------------------------------------------------------- SEE INSTRUCTION BEFORE FILLING OUT! - ------------------ ------------------ CUSIP No. 10196103 13G Page 8 of 15 Pages - ------------------ ------------------ - ------------ ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Linda L. Watchmaker - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [_] - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States (MN) - --------------------- ---------- ----------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES ---------- ----------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 3,495,751 REPORTING ---------- ----------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ---------- ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,495,751 - --------------------- ---------- ----------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,495,751 - ------------ ------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 23.36% - ------------ ------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ------------ ------------------------------------------------------------------- Item 1. Issuer's Name and Address of Principal Executive Offices: (a) Aksys, Ltd. (b) Two Marriott Drive Lincolnshire, IL 20817 Item 2. Information Concerning Person Filing: (a) Filing Persons: Entities: Coral Partners IV, Limited Partnership ("CP IV") Coral Management Partners IV, Limited Partnership ("CMP IV") Coral Partners II, a limited partnership ("CP II") Coral Management Partners II, Limited Partnership ("CMP II") Individuals: Yuval Almog Peter H. McNerney Linda L. Watchmaker (b) Principal Business Address: 60 South Sixth Street Suite 3510 Minneapolis, MN 55402 (c) Citizenship/Place of Organization Entities: Coral Partners IV ("CP IV") Delaware Coral Management Partners IV ("CMP IV") Delaware Coral Partners II ("CP II") Delaware Coral Management Partners II ("CMP II") Delaware Individuals: Yuval Almog United States Peter H. McNerney United States Linda L. Watchmaker United States (d) Title of Class of Securities: Common Stock (e) CUSIP No. 10196103 Page 9 of 15 Item 3. Status of Person Filing: Not applicable. Item 4. Ownership: ENTITIES CP IV CMP IV CP II CMP II ----- ------ ----- ------ (a)Beneficial Ownership 857,143* 857,143* 3,495,751* 3,495,751 (b)Percentage of Class 5.73% 5.73% 23.36% 23.36% (c)(i)Sole Voting Power: 857,143 857,143 3,495,751 3,495,751 (ii)Shared Voting Power: 0 0 0 0 (iii)Sole Dispositive Power: 857,143 857,143 3,495,751 3,495,751 (iv)Shared Dispositive Power: 0 0 0 0 INDIVIDUALS: Almog McNerney Watchmaker** ----- -------- ------------ (a)Beneficial Ownership 4,382,399* 4,423,351* 3,495,751* (b)Percentage of Class 29.28% 29.55% 23.36% (c)(i)Sole Voting Power: 24,530 70,457 0 (ii)Shared Voting Power: 4,357,869 4,352,894 3,495,751 (iii)Sole Dispositive Power: 24,530 70,457 0 (iv)Shared Dispositive Power: 4,357,869 4,352,894 3,495,751 * Pursuant to Rule 13d-4, the reporting person disclaims beneficial ownership of these securities except to the extent of his/her pecuniary interest therein. ** Ms. Watchmaker's ownership relates to her direct ownership and the ownership as it relates to CP II and CMP II. Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [_]. * Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable. Item 7. Identification and Classification of Subsidiary: Not applicable. Page 10 of 15 Item 8. Identification and Classification of Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Item 10. Certification: Not applicable. Page 11 of 15 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. Dated: February 7, 2000 Coral Partners II, a limited partnership By: Coral Management Partners II, Limited Partnership, Its: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Partners IV, Limited Partnership By: Coral Management Partners IV, Limited Partnership Its: General Partner /s/ Yuval Almog - ----------------------- Yuval Almog General Partner Coral Management Partners II, Limited Partnership, By: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Management Partners IV, Limited Partnership By: General Partner /s/ Yuval Almog - ----------------------- Yuval Almog General Partner By /s/ Yuval Almog By /s/ Peter H. McNerney By Linda L. Watchmaker -------------------- --------------------- --------------------- Yuval Almog Peter H. McNerney Linda L. Watchmaker Page 12 of 15 EXHIBIT INDEX Sequentially Exhibit Document Description Numbered Page - ------- -------------------- ------------- A Agreement of Joint Filing 14 Page 13 of 15 EXHIBIT A Agreement of Joint Filing Each of the undersigned hereby agrees that they are filing jointly pursuant to Rule 13d-1(f)(1) of the Securities Exchange Act of 1934, as amended, the Statement dated February 7, 2000, containing the information required by Schedule 13G, for the shares of Common Stock of Aksys, Ltd. which they each beneficially hold. Dated: February 7, 2000 Coral Partners II, a limited partnership By: Coral Management Partners II, Limited Partnership, Its: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Partners IV, Limited Partnership By: Coral Management Partners IV, Limited Partnership Its: General Partner /s/ Yuval Almog - ----------------------- Yuval Almog General Partner Coral Management Partners II, Limited Partnership, By: General Partner Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Management Partners IV, Limited Partnership By: General Partner Yuval Almog - ----------------------- Yuval Almog General Partner Page 14 of 15 By /s/ Yuval Almog ----------------------- Yuval Almog By /s/ Peter H. McNerney By /s/ Linda L. Watchmaker ----------------------- ----------------------- Peter H. McNerney Linda L. Watchmaker Page 15 of 15 -----END PRIVACY-ENHANCED MESSAGE-----