-----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, IQMfAcZtCkSZd5YeqLVcHqFx6X//y8priPPhxYWJqQWTVHGM7LzOf4ocHuRFsciX tWMDsSPDZaxLkrSRKtldKg== 0000919574-98-001241.txt : 19981210 0000919574-98-001241.hdr.sgml : 19981210 ACCESSION NUMBER: 0000919574-98-001241 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981209 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 13G SEC ACT: SEC FILE NUMBER: 005-49801 FILM NUMBER: 98766465 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: FEINBERG LARRY N CENTRAL INDEX KEY: 0000926475 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O ORACLE PARTNERS L P STREET 2: 712 FIFTH AVENUE 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2125741286 MAIL ADDRESS: STREET 1: C/O ORACLE PARTNERS L P STREET 2: 712 FIFTH AVE 45TH FLOOR 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.: * Name of Issuer: Visible Genetics, Inc. Title of Class of Securities: Common Stock CUSIP Number: 92829S104 (Date of Event Which Requires Filing of this Statement) November 20, 1998 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 (however, see the Notes). CUSIP Number: 92829S104 1. Name of Reporting Person I.R.S. Identification No. of Above Person Larry N. Feinberg 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Citizenship or Place of Organization United States Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 325,200 6. Shared Voting Power: 708,861 7. Sole Dispositive Power: 325,200 8. Shared Dispositive Power: 708,861 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,034,061 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares -2- 11. Percent of Class Represented by Amount in Row (9) 9.1% 12. Type of Reporting Person IN -3- CUSIP Number: 92829S104 1. Name of Reporting Person I.R.S. Identification No. of Above Person Oracle Strategic Partners, L.P. 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 6. Shared Voting Power: 708,861 7. Sole Dispositive Power: 8. Shared Dispositive Power: 708,861 9. Aggregate Amount Beneficially Owned by Each Reporting Person 708,861 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares -4- 11. Percent of Class Represented by Amount in Row (9) 6.3% 12. Type of Reporting Person PN -5- CUSIP Number: 92829S104 1. Name of Reporting Person I.R.S. Identification No. of Above Person Oracle Strategic Capital, L.L.C. 2. Check the Appropriate Box if a Member of a Group a. b. X 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power: 6. Shared Voting Power: 708,861 7. Sole Dispositive Power: 8. Shared Dispositive Power: 708,861 9. Aggregate Amount Beneficially Owned by Each Reporting Person 708,861 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares -6- 11. Percent of Class Represented by Amount in Row (9) 6.3% 12. Type of Reporting Person CO -7- Item 1(a) Name of Issuer: Visible Genetics, Inc. (b) Address of Issuer's Principal Executive Offices: 700 Bay Street Suite 1000 Box 333 Toronto, Ontario, Canada M5G1Z6 Item 2(a) - (c). Name, Principal Business Address, and Citizenship of Persons Filing: Larry N. Feinberg Oracle Strategic Partners, L.P. Oracle Strategic Capital, L.L.C. 712 Fifth Avenue 45th Floor New York, New York 10019 (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 92829S104 Item 3. If this statement is filed pursuant to Rule 13d-1(b)(1) or 13d-2(b) or (c) check whether the person filing is: (a) / / Broker or dealer registered under Section 15 of 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, (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, (g) / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G), -8- (h) / / Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) / / Church plan excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, (j) / / Group, in accordance with Rule 13d- 1(b)(1)(ii)(H). If this statement is filed pursuant to Rule 13d-1(c), check this box. /X/ Item 4. Ownership. (a) Amount Beneficially Owned: 1,034,061 shares owned by Larry N. Feinberg; 708,861 shares owned by Oracle Strategic Partners, L.P. and Oracle Strategic Capital, L.L.C. (b) Percent of Class: 9.1% by Larry N. Feinberg; 6.3% by Oracle Strategic Partners, L.P. and Oracle Strategic Capital, L.L.C. (c) Larry N. Feinberg: 708,861 shares with shared power to vote or to direct the vote; 325,200 shares with sole power to vote or to direct the vote; 708,861 shares with shared power to dispose or to direct the disposition of; 325,200 shares with the sole power to dispose or to direct the disposition of Oracle Strategic Partners, L.P. and Oracle Strategic Capital, L.L.C.: 708,861 shares with shared power to vote or to direct the vote; 0 shares with sole power to vote or to direct the vote; 708,861 shares with shared power to dispose or to direct the disposition of; 0 shares with the sole power to dispose or to direct the disposition of Item 5. Ownership of Five Percent or Less of a Class. N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person. -9- N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported by the Parent Holding Company. N/A Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of the Group. N/A Item 10. Certification for Rule 13d-1(c): 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. -10- 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. /s/ Larry N. Feinberg _________________________ Larry N. Feinberg ORACLE STRATEGIC PARTNERS, L.P. By: Oracle Strategic Capital, L.L.C. By: /s/ Larry N. Feinberg _________________________ Larry N. Feinberg, Managing Member ORACLE STRATEGIC CAPITAL, L.L.C. By: /s/ Larry N. Feinberg _________________________ Larry N. Feinberg, Managing Member December 9, 1998 __________________ Date -11- 00751001.BA2 AGREEMENT The undersigned agree that this Schedule 13G dated December 9, 1998 relating to the Common Stock of Visible Genetics, Inc. shall be filed on behalf of the undersigned. /s/ Larry N. Feinberg _______________________________ Larry N. Feinberg ORACLE STRATEGIC PARTNERS, L.P. By: Oracle Strategic Capital, L.L.C. By: /s/ Larry N. Feinberg _____________________________ Larry N. Feinberg, Managing Member ORACLE STRATEGIC CAPITAL, L.L.C. By: /s/ Larry N. Feinberg ____________________________ Larry N. Feinberg, Managing Member 12 00751001.BA2 -----END PRIVACY-ENHANCED MESSAGE-----