-----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, AQrMM613Z4MHnqvwh6e6OMWamcUe5nGBm3d32j3smC0ik2Y/WVuDwXpccFFi2oc/ DnfaQ9GCHUmwPpZOa4+xtQ== 0000889812-96-000125.txt : 19960216 0000889812-96-000125.hdr.sgml : 19960216 ACCESSION NUMBER: 0000889812-96-000125 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960213 SROS: NASD GROUP MEMBERS: WEISS PECK & GREER LLC GROUP MEMBERS: WPG-FARBER OVERSEAS PARTNERS, LTD. GROUP MEMBERS: WPG-FARBER PARTNERS FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: READICARE INC CENTRAL INDEX KEY: 0000710851 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE [8011] IRS NUMBER: 953775814 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35595 FILM NUMBER: 96517497 BUSINESS ADDRESS: STREET 1: 1322 ORLEANS DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 4082457707 MAIL ADDRESS: STREET 1: 1322 ORLEANS DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEISS PECK & GREER LLC CENTRAL INDEX KEY: 0000732926 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 132649199 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE NEW YORK PLZ STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129089500 MAIL ADDRESS: STREET 1: ONE NEW YORK PLAZA STREET 2: 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 FORMER COMPANY: FORMER CONFORMED NAME: WEISS PECK & GREER DATE OF NAME CHANGE: 19940302 SC 13G/A 1 AMENDMENT NO. 1 TO STATEMENT OF BENEFICIAL OWNERSHIP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* READICARE, INC. ________________________________________________________________________________ (Name of Issuer) COMMON STOCK ________________________________________________________________________________ (Title of Class of Securities) 75527610 ________________________________________________________________________________ (CUSIP Number) Check the following box if a fee is being paid with this statement / /. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) * 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 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. 75527610 13G Page 2 of 7 Pages 1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person WEISS, PECK & GREER, L.L.C. 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) /x/ 3) SEC Use Only 4) Citizenship or Place of Organization NEW YORK (5) Sole Voting Power 0 Number of Shares (6) Shared Voting Power Beneficially 694,100 Owned by Each (7) Sole Dispositive Power Reporting Person 0 With (8) Shared Dispositive Power 694,100 9) Aggregate Amount Beneficially Owned by Each Reporting Person 694,100 10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) /x/ 11) Percent of Class Represented by Amount in Row 9 8.46% 12) Type of Reporting Person (See Instructions) BD,IA,PN CUSIP No. 75527610 13G Page 3 of 7 Pages 1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person WPG - FARBER PARTNERS FUND, L.P. 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) / / 3) SEC Use Only 4) Citizenship or Place of Organization DELAWARE (5) Sole Voting Power 0 Number of Shares (6) Shared Voting Power Beneficially 499,600 Owned by Each (7) Sole Dispositive Power Reporting Person 0 With (8) Shared Dispositive Power 499,600 9) Aggregate Amount Beneficially Owned by Each Reporting Person 499,600 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / 11) Percent of Class Represented by Amount in Row 9 6.0% 12) Type of Reporting Person (See Instructions) BD,IA,PN CUSIP No. 75527610 13G Page 4 of 7 Pages 1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person WPG - FARBER OVERSEAS PARTNERS, LTD. 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) / / 3) SEC Use Only 4) Citizenship or Place of Organization CAYMAN ISLANDS, BWI (5) Sole Voting Power 0 Number of Shares (6) Shared Voting Power Beneficially 194,500 Owned by Each (7) Sole Dispositive Power Reporting Person 0 With (8) Shared Dispositive Power 194,500 9) Aggregate Amount Beneficially Owned by Each Reporting Person 194,500 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / 11) Percent of Class Represented by Amount in Row 9 2.37% 12) Type of Reporting Person (See Instructions) BD,IA,PN Cusip No. 75527610 13G Page 5 of 7 Item 1(a). Name of Issuer: Readicare, Inc. Item 1(b). Address of Issuer's Principal Executive Office: 446 Oakmead Parkway Sunnyvale, CA 94086 Item 2(a). Name of Person Filing: Weiss, Peck & Greer, L.L.C. ("WPG"), WPG-Farber Partners Fund, L.P. ("WPG-FP") and WPG-Farber Overseas Partners, Ltd. ("WPG-FOP") Item 2(b). Address of Principal Business Office, or if None, Residence: One New York Plaza New York, NY 10004 Item 2(c). Citizenship: WPG is a limited liability company, organized under the laws of the State of Delaware. WPG-FP is a Delaware partnership. WPG-FOP is a corporation organized under the laws of the Cayman Islands, BWI. Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 75527610 Item 3. This Schedule 13G has been filed by WPG, WPG-FP and WPG-FOP pursuant to Rule 13d-1(c). Item 4(a)-(c). Ownership: The following information concerning percentages of ownership of outstanding shares of common stock is based on a total of 8,200,000 shares reported to be outstanding by Readicare, Inc. at September 30, 1995. This Statement on Schedule 13G ("Scheduled 13G") is filed by Weiss, Peck & Greer, L.L.C., a Delaware limited liability company which is registered as a broker-dealer under Section 15 of the Act, and as an investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended. Cusip No. 75527610 13G Page 6 of 7 As of December 31, 1995, WPG-FP, a Delaware limited partnership, a general partner of which is WPG, owned of record 499,600 shares of Readicare, Inc. common stock ("Common Stock") constituting in the aggregate approximately 6.0% of the outstanding shares. By reason of its relationship with WPG-FP such shares may be deemed to be beneficially owned, within the meaning of Rule 13d-3, by WPG. WPG expressly disclaims beneficial ownership of the Common Stock. WPG-FP has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares owned by it. As of December 31, 1995, WPG-FOP, a Cayman Islands corporation, owned of record 194,500 shares of Common Stock constituting in the aggregate approximately 2.37% of the outstanding shares. WPG is a general partner of Weiss, Peck & Greer-Farber Associates, the Advisor of WPG-FOP. By reason of its relationship with WPG-FOP such shares may be deemed to be beneficially owned, within the meaning of Rule 13d-3, by WPG. WPG expressly disclaims beneficial ownership of the Common Stock. WPG-FOP has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares owned by it. This Schedule 13G is not being filed with respect to the shares of Common Stock which may be owned by principals of WPG, or by their respective spouses, or as custodian or trustee for their respective family members or by their respective family foundations, since WPG does not possess or share voting or investment power with respect to such shares. Each of such principals disclaims, pursuant to Rule 13d-4, that he is the beneficial owner, within the meaning of Rule 13d-3, of the shares of Common Stock owned by the various parties referred to in this Schedule 13G, other than such shares as the respective general partner owns of record. 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. Cusip No. 75527610 13G Page 7 of 7 Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of the Group: Not applicable. Item 10. Certification: By signing below, Richard S. Pollack, General Counsel of WPG, certifies that, to the best of his knowledge and belief, securities referred to above as being held or owned beneficially by WPG, WPG-FP and WPG-FOP were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: February 12, 1996 WEISS, PECK & GREER, L.L.C. By: /s/ Richard S. Pollack Richard S. Pollack General Counsel Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----