-----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, SkEU6QN49JBwOxHi0G8l+ZGx084DxZczIpJ5FOYsR0+L9mz4RRDdl3Hs2cNqDboW JmDmT7scQtwAvtJ3E/qPoA== 0000899140-00-000107.txt : 20000228 0000899140-00-000107.hdr.sgml : 20000228 ACCESSION NUMBER: 0000899140-00-000107 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000225 GROUP MEMBERS: E.M. WARBURG, PINCUS & CO., LLC GROUP MEMBERS: WARBURG PINCUS EQUITY PARTNERS LP GROUP MEMBERS: WARBURG, PINCUS & CO. GROUP MEMBERS: WARBURG, PINCUS EQUITY PARTNERS, L.P. GROUP MEMBERS: WARBURG, PINCUS VENTURES INTERNATIONAL, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISIBLE GENETICS INC CENTRAL INDEX KEY: 0001010819 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-49801 FILM NUMBER: 554053 BUSINESS ADDRESS: STREET 1: 700 BAY ST STREET 2: SUITE 1000 CITY: TORONTO ONTARIO CANA STATE: A6 BUSINESS PHONE: 2127025700 MAIL ADDRESS: STREET 1: 700 BAY ST STE 1000 STREET 2: TORONTO ONTARIO CANADA CITY: M5G 1Z6 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WARBURG PINCUS EQUITY PARTNERS LP CENTRAL INDEX KEY: 0001075598 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 466 LEXINGTON AVE. CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128780600 SC 13D/A 1 AMENDMENT NO. 2 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment No. 2) Under the Securities Exchange Act of 1934 Visible Genetics Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Shares, without par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 92829S104 - -------------------------------------------------------------------------------- (CUSIP Number of Class of Securities) Stephen Distler E.M. Warburg, Pincus & Co., LLC 466 Lexington Avenue New York, New York 10017 (212) 878-0600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copies to: Peter H. Jakes, Esq. Willkie Farr & Gallagher 787 Seventh Avenue New York, NY 10019-6099 (212) 728-8000 February 16, 2000 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Schedule) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following: [ ] SCHEDULE 13D - ------------------- ------------------ CUSIP No. 92829S104 Page 2 of 18 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus Equity Partners, L.P. I.D. #13-3986317 - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 1,359,738 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 1,359,738 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 1,359,738 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.9% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 92829S104 Page 3 of 18 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus & Co. I.D. #13-6358475 - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 12,308 --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 2,877,746 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER 12,308 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,877,746 - ----------- -------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 2,890,054 - ----------- -------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------- -------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.9% - ----------- -------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ----------- -------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 92829S104 Page 4 of 18 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON E.M. Warburg, Pincus & Co., LLC I.D. #13-3536050 - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ----------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 2,877,746 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,877,746 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 2,877,746 - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.8% - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - ---------- --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------- ------------------ CUSIP No. 92829S104 Page 5 of 18 Pages - ------------------- ------------------ - ----------- -------------------------------------------------------------------- 1 NAME OF REPORT PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus Ventures International, L.P. - ----------- -------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ----------- -------------------------------------------------------------------- 3 SEC USE ONLY - ---------- -------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------- -------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ----------- -------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda - --------------------- --------- ------------------------------------------------ 7 SOLE VOTING POWER 0 --------- ------------------------------------------------ NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY EACH REPORTING 1,438,874 PERSON WITH --------- ------------------------------------------------ 9 SOLE DISPOSITIVE POWER 0 --------- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 1,438,874 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 1,438,874 - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.4% - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - ---------- --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. This Amendment No. 2 (the "Amendment") amends the Amendment No. 1 to the Schedule 13D, filed on January 10, 2000, which amended the Schedule 13D filed on July 22, 1999 (the "Schedule 13D"). The Amendment is being filed on behalf of Warburg, Pincus Equity Partners, L.P., a Delaware limited partnership ("WPEP"), Warburg, Pincus Ventures International, L.P., a Bermuda limited partnership ("WPVI"), Warburg, Pincus & Co., a New York general partnership ("WP"), and E.M. Warburg, Pincus & Co., LLC, a New York limited liability company ("EMW" and, together with WPEP, WPVI and WP, the "Reporting Entities"). This Amendment relates to the common shares, without par value, of Visible Genetics Inc., an Ontario, Canada corporation (the "Company"). Unless the context otherwise requires, references herein to the "Common Stock" are to the common shares of Visible Genetics Inc., without par value. The holdings of Common Stock of WP and EMW in this Amendment include certain shares of Common Stock which may be deemed to be beneficially owned by Warburg, Pincus Netherlands Equity Partners I, C.V. ("WPNEPI"), Warburg, Pincus Netherlands Equity Partners II, C.V. ("WPNEPII") and Warburg, Pincus Netherlands Equity Partners III, C.V. ("WPNEPIII" and, together with WPNEPI, WPNEPII, WPVI and WPEP, the "Investors"). WP, EMW and the Investors are referred to herein as the "Group Members." 6 Unless otherwise indicated herein, each capitalized term used but not defined herein shall have the meaning assigned to such term in the Schedule 13D. Item 5. - ------- Item 5 of the Schedule 13D is hereby amended to read as follows: "(a) The Reporting Entities beneficially own shares of Common Stock of the Company by virtue of their ownership of Common Stock and Series A Preferred Shares. They formerly also held Warrants to purchase Common Stock, which were exercised on February 17, 2000, as described below. On February 17, 2000, pursuant to a net exercise provision of the Warrants, the Reporting Entities received the aggregate amount of 847,749 shares of Common Stock. Also, on February 16, WPVI distributed a total of 600,000 shares to its partners and on February 17, WPEP and its three related Dutch entities distributed 599,998 shares to their respective partners (the "Distribution"). As of February 18, 2000, WP and EMW each beneficially owned 2,890,054 shares and 2,877,746 shares of Common Stock, respectively. Also as of this date, WPEP and WPVI beneficially owned 1,359,738 shares of Common Stock, and 1,438,874 shares of Common Stock, respectively. Of the shares beneficially owned by WP and EMW, 79,134 shares represent the aggregate Common Stock beneficially held by WPNEPI, WPNEPII 7 and WPNEPIII. By reason of WP's and EMW's respective relationships with the Investors, under Rule 13d-3 under the Exchange Act, WP and EMW may be deemed to own beneficially all of the shares of Common Stock which are beneficially owned by these entities. Assuming full conversion of the Series A Preferred Shares held by the Investors (giving effect to dividend accruals through December 31, 1999), as of February 18, 2000, the 2,890,054 shares of Common Stock beneficially held by the Reporting Entities represented approximately 18.9% of the sum of the outstanding shares of Common Stock (based on the 12,446,380 shares of Common Stock outstanding as of February 18, 2000) together with the 2,849,995 shares of Common Stock issuable upon conversion of the Series A Preferred Stock held by the Reporting Entities. Assuming full conversion of the Series A Preferred Shares, as of February 18, 2000, the 1,438,874 shares of Common Stock beneficially held by WPVI represented approximately 10.4% of the sum of the 12,446,380 outstanding shares of Common Stock and the 1,424,999 shares issuable on conversion of the Series A Preferred Stock held by WPVI. Assuming full conversion of the corresponding Series A Preferred Shares, as of February 18, 2000, the 1,359,738 shares of Common Stock beneficially held by WPEP represented approximately 9.9% of the sum of the 12,446,380 outstanding shares of Common Stock and the 1,346,624 shares of Common Stock issuable on conversion of the Series A Preferred Stock held by WPEP. 8 As of February 18, 2000 assuming full conversion of the Series A Preferred Shares held by such entities, WPNEPI, WPNEPII and WPNEPIII held beneficial ownership of an aggregate of 79,134 shares of Common Stock, which is 0.6% of the sum of 12,466,380 and 78,372 shares of Common Stock issuable on conversion of the Series A Preferred Stock held by WPNEPI, WPNEPII and WPNEPIII. (b) WPEP and WPVI have beneficial ownership over 1,359,738 and 1,438,874 shares of Common Stock, respectively. WPNEPI, WPNEPII and WPNEPIII have beneficial ownership of an aggregate of 79,134 shares of Common Stock. WPEP, WPVI, WPNEPI, WPNEPII and WPNEPIII each share voting power and dispositive power over their holdings of such shares with EMW and WP. (c) Except as reported in this Amendment and on Amendment #1 to the Schedule 13D, during the last sixty days there were no transactions effected by the Reporting Entities or by any of the persons set forth on Schedule I hereto. (d) Except as set forth in this Item 5, no person other than each respective record owner referred to herein of securities is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. 9 (e) Not applicable." 10 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 22, 2000 WARBURG, PINCUS EQUITY PARTNERS, L.P. By: Warburg, Pincus & Co., General Partner By: /s/ Stephen Distler ------------------------------ Stephen Distler Partner Dated: February 22, 2000 WARBURG, PINCUS & CO. By: /s/ Stephen Distler ------------------------------ Stephen Distler Partner Dated: February 22, 2000 E.M. WARBURG, PINCUS & CO., LLC By: /s/ Stephen Distler ------------------------------ Stephen Distler Member Dated: February 22, 2000 WARBURG, PINCUS VENTURES INTERNATIONAL, L.P. By: Warburg, Pincus & Co., General Partner By: /s/ Stephen Distler ------------------------------ Stephen Distler Partner 11 SCHEDULE I ---------- Set forth below is the name, position and present principal occupation of each of the general partners of WP and members of EMW. WP is the sole general partner of WPEP, WPVI, WPNEPI, WPNEPII and WPNEPIII. Except as otherwise indicated, the business address of each of such persons is 466 Lexington Avenue, New York, New York 10017, and each of such persons is a citizen of the United States. GENERAL PARTNERS OF WP ---------------------- - ----------------------------- -------------------------------------------------- PRESENT PRINCIPAL OCCUPATION IN ADDITION TO POSITION WITH WP, AND POSITIONS NAME WITH THE REPORTING ENTITIES - ----------------------------- -------------------------------------------------- Joel Ackerman Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Harold Brown Partner of WP; Member and Senior Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- W. Bowman Cutter Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Cary J. Davis Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Stephen Distler Partner of WP; Member, Managing Director and Treasurer of EMW LLC - ----------------------------- -------------------------------------------------- Stewart K. P. Gross Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Patrick T. Hackett Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Jeffrey A. Harris Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- William H. Janeway Partner of WP; Member and Senior Managing Director of EMW LLC 12 - ----------------------------- -------------------------------------------------- Douglas M. Karp Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Charles R. Kaye Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Henry Kressel Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Joseph P. Landy Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Sidney Lapidus Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Kewsong Lee Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Jonathan S. Leff Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Reuben S. Leibowitz Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- David E. Libowitz Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Nancy Martin Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Edward J. McKinley Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Rodman W. Moorhead III Partner of WP; Member and Senior Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Howard H. Newman Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Gary D. Nusbaum Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Dalip Pathak Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Lionel I. Pincus Managing Partner of WP; Managing Member, Chairman of the Board and Chief Executive Officer of EMW LLC - ----------------------------- -------------------------------------------------- John D. Santoleri Partner of WP; Member and Managing Director of EMW LLC 13 - ----------------------------- -------------------------------------------------- Henry B. Schact Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Steven G. Schneider Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- James E. Thomas Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- John L. Vogelstein Partner of WP; Member and Vice Chairman of EMW LLC - ----------------------------- -------------------------------------------------- Elizabeth H. Weatherman Partner of WP; Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Pincus & Co.* - ----------------------------- -------------------------------------------------- NL & Co.** - ----------------------------- -------------------------------------------------- - --------------------- * New York limited partnership; primary activity is ownership interest in WP and EMW LLC. ** New York limited partnership; primary activity is ownership interest in WP. As of 12/14/99 14 MEMBERS OF EMW LLC ------------------ - ----------------------------- -------------------------------------------------- PRESENT PRINCIPAL OCCUPATION IN ADDITION TO POSITION WITH EMW LLC, AND POSITIONS WITH THE REPORTING ENTITIES NAME - ----------------------------- -------------------------------------------------- Joel Ackerman Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Frank M. Brochin (3) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Harold Brown Member and Senior Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- W. Bowman Cutter Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Cary J. Davis Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Stephen Distler Member, Managing Director, and Treasurer of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Tetsuya Fukagawa (5) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Stewart K. P. Gross Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Patrick T. Hackett Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Jeffrey A. Harris Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Roberto Italia (6) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- William H. Janeway Member and Senior Managing Director of EMW LLC; Partner of WP 15 - ----------------------------- -------------------------------------------------- Douglas M. Karp Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Charles R. Kaye Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Henry Kressel Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Rajiv B. Lall (1) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Joseph P. Landy Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Sidney Lapidus Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Jonathan S. Leff Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Kewsong Lee Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Reuben S. Leibowitz Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- David E. Libowitz Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Nicholas J. Lowcock (3) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- John W. MacIntosh (2) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Nancy Martin Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Edward J. McKinley Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- James McNaught-Davis (3) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Rodman W. Moorhead III Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Howard H. Newman Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Gary D. Nusbaum Member and Managing Director of EMW LLC; Partner of WP 16 - ----------------------------- -------------------------------------------------- Dalip Pathak Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Lionel I. Pincus Managing Member, Chairman of the Board and Chief Executive of EMW LLC; Managing Partner of WP - ----------------------------- -------------------------------------------------- John D. Santoleri Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Henry B. Schact Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Steven G. Schneider Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Dominic H. Shorthouse (3) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Chang Q. Sun (4) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- James E. Thomas Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- John L. Vogelstein Member and Vice Chairman of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Elizabeth H. Weatherman Member and Managing Director of EMW LLC; Partner of WP - ----------------------------- -------------------------------------------------- Jeremy S. Young (3) Member and Managing Director of EMW LLC - ----------------------------- -------------------------------------------------- Pincus & Co.* - ----------------------------- -------------------------------------------------- - --------------------- (1) - Citizen of India (2) - Citizen of Canada (3) - Citizen of United Kingdom (4) - Citizen of China (5) - Citizen of Japan (6) - Citizen of Italy 17 * New York limited partnership; primary activity is ownership interest in WP and EMW LLC As of 12/14/99 18 -----END PRIVACY-ENHANCED MESSAGE-----