-----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, GrmGqToIxqbeiE3tii6s87nXr9dbf/mP+avqZPzhozQ3set7tOxcmowInXG0nfU6 RK/+nDZmgGkCN9erxO4mMA== 0000927016-97-000325.txt : 19970222 0000927016-97-000325.hdr.sgml : 19970222 ACCESSION NUMBER: 0000927016-97-000325 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970212 SROS: NASD GROUP MEMBERS: ABACUS PARTNERS LIMITED PARTNERSHIP GROUP MEMBERS: ABACUS VENTURES GROUP MEMBERS: ABACUS VENTURES LTD PARTNERSHIP GROUP MEMBERS: DR. CHARLES LEE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSWITCH CORP /DE CENTRAL INDEX KEY: 0000944739 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 061236189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49087 FILM NUMBER: 97527672 BUSINESS ADDRESS: STREET 1: 8 PROGRESS DR CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039298810 MAIL ADDRESS: STREET 1: 8 PROGRESS DR CITY: SHELTON STATE: CT ZIP: 06484 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ABACUS VENTURES LTD PARTNERSHIP CENTRAL INDEX KEY: 0000908626 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O LEE ENTERPRISES STREET 2: 1535 E PUTNAM AVENUE SUITE 202 CITY: OLD GREENWICH STATE: CT ZIP: 06870 BUSINESS PHONE: 2036378710 SC 13G/A 1 SCHEDULE 13G AMENDMENT NO.1 OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: October 31, 1994 Estimated average burden hours per response...14.90 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* TranSwitch Corporation ---------------------- (Name of Issuer) Common Stock, $.001 par value ----------------------------- (Title of Class of Securities) 894065 ------ (CUSIP Number) *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. 894065 13G PAGE 2 OF 8 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Abacus Ventures - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware Limited Partnership - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 0 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 less than 5% OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 0 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 less than 5% - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 less than 5% - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 10 CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 less than 5% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 894065 13G PAGE 3 OF 8 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Abacus Partners Limited Partnership - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware Limited Partnership - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 0 shares SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 less than 5% OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 0 shares PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 less than 5% - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 less than 5% - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 10 CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 less than 5% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 894065 13G PAGE 4 OF 8 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Dr. Charles Lee - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF less than 5% SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 less than 5% OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING less than 5% PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 less than 5% - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 less than 5% - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 10 CERTAIN SHARES* [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 less than 5% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! ITEM 1(A). NAME OF ISSUER: TranSwitch Corporation -------------- ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 8 Progress Drive, ----------------------------------------------- Shelton, Connecticut 06484 ITEM 2(A). NAMES OF PERSONS FILING: Abacus Ventures ("Abacus"), Abacus ----------------------- Partners Limited Partnership ("Abacus Partners"), the sole general partner of Abacus, and Dr. Charles Lee, the sole general partner of Abacus Partners. The persons named in this paragraph are referred to individually herein as a "Reporting Person" and collectively as the "Reporting Persons." ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The ----------------------------------------------------------- address of the principal business office of the Reporting Persons is c/o Lee Enterprises, Suite 202, 1535 East Putnam Avenue, Old Greenwich, Connecticut 06870. ITEM 2(C). CITIZENSHIP: Each of Abacus and Abacus Partners is a limited ----------- partnership organized under the laws of the State of Delaware. Dr. Lee is a United States citizen. ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock, $.001 par value ---------------------------- ("Common Stock"). ITEM 2(E). CUSIP NUMBER: 894065. ------------ ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), ------------------------------------------------------------------- CHECK WHETHER THE PERSON FILING IS A: ------------------------------- ----- (a) [ ] Broker or Dealer registered under Section 15 of the Securities Exchange Act of 1934 (the "Act"). (b) [ ] Bank as defined in Section 3(a)(6) of the Act. (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act. (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940. (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F) of the Act. (g) [ ] Parent Holding Company, in accordance with Rule 13d- 1(b)(ii)(G) of the Act. (h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H) of the Act. Not applicable. This Schedule 13G is not being filed pursuant to Rule 13d-1(b) or Rule 13d-2(b). Page 5 of 8 Pages ITEM 4. OWNERSHIP. --------- (a) Amount Beneficially Owned: Each of the Reporting Persons owns less than 5% of the outstanding Common Stock of TranSwitch Corporation as of December 31, 1996. (b) Percent of Class: Less than 5% for each Reporting Person. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Less than 5% for each Reporting Person. (ii) shared power to vote or to direct the vote: Less than 5% for each Reporting Person. (iii) sole power to dispose or to direct the disposition of: Less than 5% for each Reporting Person. (iv) shared power to dispose or to direct the disposition of: Less than 5% for each Reporting Person. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. -------------------------------------------- Each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the Common Stock of TranSwitch Corporation. [X] 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. --------------------------------------------------------- Not applicable. The Reporting Persons expressly disclaim membership in a "group" as used in Rule 13d-1(b)(ii)(H). ITEM 9. NOTICE OF DISSOLUTION OF GROUP. ------------------------------ Not applicable. ITEM 10. CERTIFICATION. ------------- Not applicable. This statement on Schedule 13G is not filed pursuant to Rule 13d-1(b). Page 6 of 8 Pages SIGNATURE --------- After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 10, 1997 ABACUS VENTURES By: ABACUS PARTNERS LIMITED PARTNERSHIP By: /s/ Dr. Charles Lee ------------------------------- Dr. Charles Lee General Partner ABACUS PARTNERS LIMITED PARTNERSHIP By: /s/ Dr. Charles Lee ------------------------------------ Dr. Charles Lee General Partner /s/ Dr. Charles Lee - ---------------------------------------- Dr. Charles Lee Page 7 of 8 Pages EX-1 2 AGREEMENT Exhibit 1 --------- AGREEMENT Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of Common Stock of TranSwitch Corporation. EXECUTED as a sealed instrument this 10th day of February, 1997. ABACUS VENTURES By: ABACUS PARTNERS LIMITED PARTNERSHIP By: /s/ Dr. Charles Lee ------------------------------- Dr. Charles Lee General Partner ABACUS PARTNERS LIMITED PARTNERSHIP By: /s/ Dr. Charles Lee ------------------------------------ Dr. Charles Lee General Partner /s/ Dr. Charles Lee - ---------------------------------------- Dr. Charles Lee Page 8 of 8 Pages -----END PRIVACY-ENHANCED MESSAGE-----