-----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, RUdLY49qB2vPwaZcmayPTl6j26q5DnzoZtX6cyCxrMFkC5UTbXEfXXryW5pvQFNh tOt68kVr+3ecHSvhEW75qg== 0001004271-99-000011.txt : 19990701 0001004271-99-000011.hdr.sgml : 19990701 ACCESSION NUMBER: 0001004271-99-000011 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990630 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TERA COMPUTER CO \WA\ CENTRAL INDEX KEY: 0000949158 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 930962605 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-46213 FILM NUMBER: 99656891 BUSINESS ADDRESS: STREET 1: 411 FIRST AVE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98104-2860 BUSINESS PHONE: 2067012000 MAIL ADDRESS: STREET 1: 411 FIRST AVE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98104-2860 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUSCH BRIAN W /FA CENTRAL INDEX KEY: 0001004271 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: PENTHOUSE SUITE STREET 2: 29 WEST 57TH ST CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: PENTHOUSE SUITE STREET 2: 29 WEST 57TH ST CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* TERA COMPUTER COMPANY (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 88076P108 (CUSIP Number) June 21, 1999 (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 disclosures provided in a prior cover page. The information required on 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 10 PAGES SCHEDULE 13G CUSIP NO. 88076P108 PAGE 2 OF 10 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Advantage Fund II Ltd. - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTIN,G PERSON 784,233 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 784,233 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 784,233 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.3% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 3 OF 10 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Genesee Fund Limited - Portfolio B - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 543,897 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 543,897 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 543,897 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.3% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 4 OF 10 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Genesee International, Inc. - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 1,328,130 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 1,328,130 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,328,130 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 5 OF 10 PAGES - - ------------------------------------------------------------------------- - 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Donald R. Morken - - ------------------------------------------------------------------------- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A)[ ] (B)[ ] - - ------------------------------------------------------------------------- - 3 SEC USE ONLY - - ------------------------------------------------------------------------- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - - ------------------------------------------------------------------------- - NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY ---------------------------------------------------- - EACH 6 SHARED VOTING POWER REPORTING PERSON 1,328,130 WITH: ---------------------------------------------------- - 7 SOLE DISPOSITIVE POWER -0- ---------------------------------------------------- - 8 SHARED DISPOSITIVE POWER 1,328,130 - - ------------------------------------------------------------------------- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,328,130 - - ------------------------------------------------------------------------- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] - - ------------------------------------------------------------------------- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% - - ------------------------------------------------------------------------- - 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - - ------------------------------------------------------------------------- - SCHEDULE 13G CUSIP NO. 88076P108 PAGE 6 OF 10 PAGES Item 1. Name and Address of Issuer: Tera Computer Company 411 First Avenue South Suite 600 Seattle, Washington 98104 Item 2. (a) Names of Persons Filing: Advantage Fund II Ltd. ("Advantage") Genesee Fund - Limited Portfolio B ("Genesee Fund") Genesee International, Inc. ("Genesee International") Donald R. Morken ("Mr. Morken") (b) Address of Principal Business Office: Advantage: c/o CITCO Kaya Flamboyan 9 Curacao, Netherlands Antilles Genesee Fund: c/o CITCO Kaya Flamboyan 9 Curacao, Netherlands Antilles Genesee International: CITCO Building Wickhams Cay P.O. Box 662 Road Town Tortola, British Virgin Islands Mr. Morken: 10500 N.E. 8th Street Suite 1920 Bellevue, Washington 98004-4332 (c) Place of Organization or Citizenship: Advantage: British Virgin Islands Genesee Fund: British Virgin Islands Genesee International: Delaware Mr. Morken: citizen of the United States (d) Title of Class of Securities: Common Stock, $.01 par value (e) CUSIP Number: 88076P108 SCHEDULE 13G CUSIP NO. 88076P108 PAGE 7 OF 10 PAGES Item 3. This statement is filed pursuant to Rule 13d-1(c) by Advantage, Genesee Fund, Genesee International, and Mr. Morken. Item 4. Ownership: (a) Amount Beneficially Owned by Advantage, Genesee Fund, Genesee International, and Mr. Morken: Advantage: 784,233 Genesee Fund: 543,897 Genesee International: 1,328,130 Mr. Morken: 1,328,130 (b) Percent of Class: Advantage: 3.3% Genesee Fund: 2.3% Genesee International: 5.6% Mr. Morken: 5.6% The Issuer advised Genesee International that 23,778,546 shares of Common Stock were outstanding as of June 21, 1999. This amount was used to determine the percentages of outstanding shares of Common Stock reported in this statement. (c) Number of Shares as to which the Person has: (i) sole power to vote or to direct the vote Advantage: -0- Genesee Fund: -0- Genesee International: -0- Mr. Morken: -0- (ii) shared power to vote or to direct the vote Advantage: 784,233 Genesee Fund: 543,897 Genesee International: 1,328,130 Mr. Morken: 1,328,130 (iii) sole power to dispose or to direct the disposition of Advantage: -0- Genesee Fund: -0- Genesee International: -0- Mr. Morken: -0- SCHEDULE 13G CUSIP NO. 88076P108 PAGE 8 OF 10 PAGES (iv) shared power to dispose or to direct the disposition of Advantage: 784,233 Genesee Fund: 543,897 Genesee International: 1,328,130 Mr. Morken: 1,328,130 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: Not applicable Item 9. Notice of Dissolution of Group: Not applicable Item 10. Certification: By signing below I certify that, to the best of my 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 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: 1. Joint Filing Agreement, dated as of June 30, 1999, among Advantage, Genesee Fund, Genesee International, and Mr. Morken. SCHEDULE 13G CUSIP NO. 88076P108 PAGE 9 OF 10 PAGES 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. ADVANTAGE FUND II LTD. By: INTER CARIBBEAN SERVICES LTD., Director By: /s/ W.R. Weber Name: W.R. Weber Title: Attorney-in-fact By: /s/ Declan Quilligan Name: Declan Quilligan Title: Assistant Secretary Dated: June 30, 1999 GENESEE FUND LIMITED - PORTFOLIO B By: INTER CARIBBEAN SERVICES LTD., Director By: /s/ W.R. Weber Name: W.R. Weber Title: Attorney-in-fact By: /s/ Declan Quilligan Name: Declan Quilligan Title: Assistant Secretary Dated: June 30, 1999 GENESEE INTERNATIONAL, INC. By: /s/ Donald R. Morken Name: Donald R. Morken Title: President Dated: June 30, 1999 /s/ Donald R. Morken Donald R. Morken Dated: June 30, 1999 SCHEDULE 13G CUSIP NO. 88076P108 PAGE 10 OF 10 PAGES Exhibit 1 --------- JOINT FILING AGREEMENT ---------------------- This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership of the undersigned of shares of Common Stock, $.01 par value, of Tera Computer Company, a Washington corporation, is being filed, and all amendments thereto will be filed, on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: as of June 30, 1999 ADVANTAGE FUND II LTD. By: INTER CARIBBEAN SERVICES LTD., Director By: /s/ W.R. Weber Name: W.R. Weber Title: Attorney-in-fact By: /s/ Declan Quilligan Name: Declan Quilligan Title: Assistant Secretary GENESEE FUND LIMITED - PORTFOLIO B By: INTER CARIBBEAN SERVICES LTD., Director By: /s/ W.R. Weber Name: W.R. Weber Title: Attorney-in-fact By: /s/ Declan Quilligan Name: Declan Quilligan Title: Assistant Secretary GENESEE INTERNATIONAL, INC. By: /s/ Donald R. Morken Name: Donald R. Morken Title: President /s/ Donald R. Morken Donald R. Morken -----END PRIVACY-ENHANCED MESSAGE-----