-----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, CHjCRyijXJCLMbKyenf7rxOREuIan40fRT66FcNdOUiApZH+oQiVo3IFgEZLlUEe Lv2DZvU4+FFqPb5tI4jzwg== 0000950144-99-000710.txt : 19990201 0000950144-99-000710.hdr.sgml : 19990201 ACCESSION NUMBER: 0000950144-99-000710 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990129 GROUP MEMBERS: F. STEVE ALLEN GROUP MEMBERS: FERNWOOD PARTNERS LLC GROUP MEMBERS: FRANCES ANNETTE SCOTT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CYBERGUARD CORP CENTRAL INDEX KEY: 0000927133 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 650510339 STATE OF INCORPORATION: FL FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-43567 FILM NUMBER: 99516743 BUSINESS ADDRESS: STREET 1: 2000 WEST COMMERCIAL BLVD STREET 2: SUITE 200 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: 9549583900 MAIL ADDRESS: STREET 1: 2101 WEST CYPRESS CREEK RD STREET 2: 2101 WEST CYPRESS CREEK RD CITY: FT LAUDERDALE STATE: FL ZIP: 33309 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS COMPUTER SYSTEMS CORP DATE OF NAME CHANGE: 19940720 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FERNWOOD PARTNERS LLC CENTRAL INDEX KEY: 0001077815 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2540 E 30TH CITY: TULSA STATE: OK ZIP: 74114 BUSINESS PHONE: 9185249800 MAIL ADDRESS: STREET 1: 2540 E 30TH CITY: TULSA STATE: OK ZIP: 74114 SC 13G 1 CYBERGUARD/FERNWOOD PARTNERS SCHEDULE 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 CYBERGUARD CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 231910100 - -------------------------------------------------------------------------------- (CUSIP Number) December 24, 1998 - -------------------------------------------------------------------------------- (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. 2 CUSIP NO. 231910100 SCHEDULE 13G (1) NAMES OF REPORTING PERSONS: FERNWOOD PARTNERS, L.L.C. ("Fernwood"); F. Stephen Allen ("Allen"); Frances Annette Scott as Trustee of the Frances Annette Scott Revocable Trust ("Scott"). Fernwood I.R.S. identification Number: Applied for --------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] N/A --------------------------------------------------------------------- (3) SEC USE ONLY --------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION: Fernwood - Oklahoma; Allen and Scott - United States --------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 1,467,700 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY -0- EACH -------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 1,467,700 -------------------------------------------------------- (8) SHARED DISPOSITIVE POWER -0- -------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,467,700 --------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES: [ ] --------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 13.7% --------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON: Fernwood - 00 (Limited Liability Company); Allen and Scott - IN. --------------------------------------------------------------------- Item 1(a). Name of Issuer. CyberGuard Corporation (the "Issuer"). Item 1(b). Address of Issuer's Principal Executive Offices. 2000 West Commercial Blvd., Suite 200, Ft. Lauderdale, FL 33309 2 3 Item 2(a). Names of Persons Filing. Fernwood Partners, L.L.C. ("Fernwood"), F. Stephen Allen ("Allen") and Frances Annette Scott as Trustee of the Frances Annette Scott Revocable Trust ("Scott"). Item 2(b). Address of Principal Business Office or, if none, Residence. The principal business office of Fernwood, Allen and Scott is 2540 E. 30th Street, Tulsa, OK 74114 Item 2(c). Citizenship. Fernwood is an Oklahoma limited liability company. Allen and Scott are both citizens of the United States. Item 2(d). Title of Class of Securities. Common Stock, $.01 par value ("Common Stock"). Item 2(e). CUSIP Number. 231910100. Item 3. Status of Reporting Person. If this statement is filed pursuant to Rule 3d-1(c), check this box. ( x ) Item 4. Ownership. (a) Amount Beneficially Owned: 1,467,700 shares of common stock. Of these shares, only 217,700 shares of common stock are directly held by the reporting persons. The remainder (1,250,000 shares) are deemed beneficially owned by the reporting persons by reason of the ownership by Fernwood of a common stock purchase warrant dated December 17, 1998, to acquire a total of 500,000 shares of common stock and the right to convert some or all of the indebtedness of the Issuer to Fernwood into a maximum of 750,000 shares of common stock, subject to adjustment in certain events. Allen and Scott are each 50% owners of Fernwood and Allen is the Manager of Fernwood. (b) Percent of Class: 13.7% (c) Number of shares as to which the person has: 3 4 (i) sole power to vote or to direct the vote: 1,467,700 shares subject to explanation set forth in Item 4(a) above. (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 1,467,700 shares subject to the explanation set forth in (a) above. (iv) shared power to dispose or to direct the disposition of: 0 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 Report on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below, each of the undersigned certifies that, to the best of his knowledge and belief, the securities referred to above 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 such securities and were not acquired and are not held in connection with or as a participant in any transaction having such purposes or effect. 4 5 Signature After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: January 5, 1999. FERNWOOD PARTNERS, L.L.C. /s/ F. Stephen Allen ------------------------------------ By: F. Stephen Allen, Manager DATED: January 5, 1999. /s/ F. Stephen Allen ------------------------------------ By: F. Stephen Allen, Manager DATED: January 5, 1999. /s/ Frances Annette Scott ------------------------------------ By: Frances Annette Scott as Trustee of the Frances Annette Scott Revocable Trust u/t/a dated December 14, 1993, as amended on April 13, 1995 and February 2, 1998 5 -----END PRIVACY-ENHANCED MESSAGE-----