-----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, Th1aQ/o87PQKuQiBFiatOpyLKCl9Pn31QrWxY8HFs6wXfklktB95pfvKeTdKf/HE /ZUi2qa4aIlgctQM5Sa3Sg== 0000950130-97-000600.txt : 19970222 0000950130-97-000600.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950130-97-000600 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STORMEDIA INC CENTRAL INDEX KEY: 0000942787 STANDARD INDUSTRIAL CLASSIFICATION: MAGNETIC & OPTICAL RECORDING MEDIA [3695] IRS NUMBER: 770373062 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-47305 FILM NUMBER: 97536059 BUSINESS ADDRESS: STREET 1: 390 REED ST CITY: SANTA CLARA STATE: CA ZIP: 95050-3118 BUSINESS PHONE: 4083278000 MAIL ADDRESS: STREET 1: 390 REED ST CITY: SANTA CLARA STATE: CA ZIP: 95050-3118 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL VENTURE PARTNERS II CENTRAL INDEX KEY: 0000823775 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O PRUDENTIAL EQUITY INVESTORS INC STREET 2: 717 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122072379 SC 13G 1 SCHEDULE 13G OMB APPROVAL OMB Number: 3235-0145 Expires: September 30, 1998 Estimated average burden hours per response.....................14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* STORMEDIA INCORPORATED - -------------------------------------------------------------------------------- (Name of Issuer) CLASS A COMMON STOCK - ------------------------------------------------------------------------------- (Title of Class of Securities) 862221 ---------------------------------------------------- (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 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. 862221 13G Page 2 of 5 Pages - --------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Prudential Private Equity Investors III, L.P. - --------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - ---------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------------------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock)./1/ - ----------------------------------------------------------------------------------------------------------- 6 SHARED VOTING POWER - ----------------------------------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. - ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ----------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. - ----------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - ----------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 33% - ----------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - -----------------------------------------------------------------------------------------------------------
/1/ The 4,362,001 shares of Class B Common Stock are convertible on a 1-for-1 basis into Class A Common Stock. The conversion rights are subject to certain limitations with respect to the aggregate percentage of ownership of the Class A Common Stock allowed by the Reporting Person. In no event can the Reporting Person own in excess of 19.9% of the outstanding Class A Common Stock and other limitations may reduce such allowed percentage .
CUSIP No. 862221 13G Page 3 of 5 Pages - --------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Cornerstone Equity Investors, L.L.C. - --------------------------------------------------------------------------------------------------- 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 SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. - ----------------------------------------------------------------------------------------------------------- 6 SHARED VOTING POWER - ----------------------------------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. - ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER - ----------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. - ----------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - ----------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 33% - ----------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - -----------------------------------------------------------------------------------------------------------
CUSIP NO. 862221 PAGE 3 OF 5 PAGES Item 1(a). Name of Issuer: - -------------------------- StorMedia Incorporated Item 1(b). Address of Issuer's Principal Executive Offices: - ------------------------------------------------------------ 390 Reed Street Santa Clara, CA 95050 Item 2(a). Name of Persons Filing: - ----------------------------------- Prudential Private Equity Investors III, L.P. and Cornerstone Equity Partners, L.L.C. Prudential Private Equity Investors III, L.P. ("PPEI IIII") is a New York limited partnership. Its sole general partner is Prudential Equity Investors, Inc., an indirect wholly-owned subsidiary of The Prudential Life Insurance Company of America. Cornerstone Equity Partners, L.L.C. ("Cornerstone") is a Delaware limited liability company that advises PVP II with respect to its ownership of stock of the Issuer. In such capacity it has the power to control the voting and disposition of the shares of Common Stock. Item 2(b). Address of Principal Business Office: - ------------------------------------------------- PPEI III 8 Campus Drive 4th Floor, Arbor Circle South Parsippany, NJ 07054 Cornerstone 717 Fifth Avenue New York, NY 10022 Item 2(c). Citizenship: - ------------------------ PPEI III New York Cornerstone Delaware Item 2(d). Title of Class of Securities: - ----------------------------------------- Class A Common Stock and Class B Common Stock. See footnote 1. Item 2(e). CUSIP Number: - ------------------------- 862221 Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), - --------------------------------------------------------------------------- check whether the person filing is a: - ------------------------------------- Item 4. Ownership - ------------------ (a) Amount Beneficially Owned 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. (b) Percent of Class 33% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. (ii) shared power to vote or to direct the vote -0- (iii) sole power to dispose or to direct the disposition of 5,737,499 shares of Class A Common Stock (includes 4,362,001 shares of Class B Common Stock). See footnote 1. (iv) shared power to dispose or to direct the disposition of -0- 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: - ------------------------------------------------------------------------ N/A Item 7. Identification and Classification of the Subsidiary which Acquired the - ------------------------------------------------------------------------------- Security Being Reported on 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 Group: - ---------------------------------------- N/A Item 10. Certification: - ----------------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 purposes or effect. 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. February 14, 1997 Prudential Private Equity Investors III, L.P. By: Prudential Equity Investors, Inc., its general partner By:/s/ Kevin C. Uebelien --------------------- Name: Kevin C. Uebelien Title: President Cornerstone Equity Investors, L.L.C. By:/s/ Mark Rossi -------------- Name: Mark Rossi Title: Member -----END PRIVACY-ENHANCED MESSAGE-----