-----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, Kns+ps5ikYA0ikGaYF7Gc/4GNL9KUlCC9D4nQfhxKP5Jf2D3aMTEpGIs1rNNoNRm zF04OT/TyOE5BL9zbXtW2g== 0000950005-97-000257.txt : 19970222 0000950005-97-000257.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950005-97-000257 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INHALE THERAPEUTIC SYSTEMS CENTRAL INDEX KEY: 0000906709 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 943134940 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45385 FILM NUMBER: 97533913 BUSINESS ADDRESS: STREET 1: 1001 E MEADOW CIRCLE CITY: PALO ALTO STATE: CA ZIP: 94303 BUSINESS PHONE: 4153540700 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ONSET ENTERPRISE ASSOCIATES LP CENTRAL INDEX KEY: 0000856879 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 770228991 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O ONSET VENTURES STREET 2: 2490 SAND HILL ROAD CITY: MENLO PART STATE: CA ZIP: 94025 BUSINESS PHONE: 4155290700 MAIL ADDRESS: STREET 1: ONSET VENTURES STREET 2: 2490 SAND HILL ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. 2)* UNDER THE SECURITIES EXCHANGE ACT OF 1934 INHALE THERAPEUTIC SYSTEMS, INC. -------------------------------- (Name of Issuer) Common Stock -------------------------------- (Title of Class of Securities) 457191-10-4 -------------------------------- (CUSIP Number) *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). Page 1 of 9 pages - --------------------------- --------------------------- CUSIP No. 457191-10-4 13G Page 2 of 9 Pages - --------------------------- --------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS ONSET Enterprise Associates, 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 Delaware - --------- ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,473,455 SHARES -------- ----------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING - 0 - PERSON WITH -------- ----------------------------------------- 7 SOLE DISPOSITIVE POWER 1,473,455 -------- ----------------------------------------- 8 SHARED DISPOSITIVE POWER - 0 - - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,473,455 - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.45% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 2 of 9 pages - --------------------------- --------------------------- CUSIP No. 457191-10-4 13G Page 3 of 9 Pages - --------------------------- --------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS OEA Management, 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 Delaware - --------- ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,473,455 SHARES -------- ----------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING - 0 - PERSON WITH -------- ----------------------------------------- 7 SOLE DISPOSITIVE POWER 1,473,455 -------- ----------------------------------------- 8 SHARED DISPOSITIVE POWER - 0 - - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,473,455 - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.45% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 3 of 9 pages - --------------------------- --------------------------- CUSIP No. 457191-10-4 13G Page 4 of 9 Pages - --------------------------- --------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Robert F. Kuhling, Jr. - --------- ---------------------------------------------------------------------- 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 - --------- ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,878 SHARES -------- ----------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,473,455 PERSON WITH -------- ----------------------------------------- 7 SOLE DISPOSITIVE POWER 1,878 -------- ----------------------------------------- 8 SHARED DISPOSITIVE POWER 1,473,455 - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,475,333 - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.47% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 4 of 9 pages - --------------------------- --------------------------- CUSIP No. 457191-10-4 13G Page 5 of 9 Pages - --------------------------- --------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Terry L. Opdendyk - --------- ---------------------------------------------------------------------- 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 - --------- ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,878 SHARES -------- ----------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,473,455 PERSON WITH -------- ----------------------------------------- 7 SOLE DISPOSITIVE POWER 1,878 -------- ----------------------------------------- 8 SHARED DISPOSITIVE POWER 1,473,455 - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,475,333 - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.47% - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - --------- ---------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 5 of 9 pages Item 1. (a) Name of Issuer: Inhale Therapeutic Systems, Inc. ("Issuer") (b) Address of Issuer's Principal Executive Offices: 1001 East Meadow Circle Palo Alto, CA 94303 Item 2. (a) Name of Person Filing: ONSET Enterprise Associates, L.P. ("OEA") OEA Management, L.P. ("OEAM") Robert F. Kuhling, Jr. ("Kuhling") Terry L. Opdendyk ("Opdendyk") (b) Address of Principal Business Office: 2490 Sand Hill Road Menlo Park, CA 94025 (c) Citizenship/Place of Organization: OEA: Delaware OEAM: Delaware Kuhling: United States Opdendyk: United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 457191-10-4 Item 3. Not applicable. Page 6 of 9 pages Item 4 Ownership.
- --------- ------------------------- -------------- ----------------- ---------------- --------------- OEA OEAM Kuhling Opdendyk - --------- ------------------------- -------------- ----------------- ---------------- --------------- (a) Beneficial Ownership 1,473,455 1,473,455 1,475,333 1,475,333 - --------- ------------------------- -------------- ----------------- ---------------- --------------- (b) Percentage of Class 12.45% 12.45% 12.47% 12.47% - --------- ------------------------- -------------- ----------------- ---------------- --------------- (c) Sole Voting Power 1,473,455 1,473,455 1,878 1,878 - --------- ------------------------- -------------- ----------------- ---------------- --------------- Shared Voting Power -0- -0- 1,473,455 1,473,455 - --------- ------------------------- -------------- ----------------- ---------------- --------------- Sole Dispositive Power 1,473,455 1,473,455 -0- -0- - --------- ------------------------- -------------- ----------------- ---------------- --------------- Shared Dispositive Power -0- -0- 1,473,455 1,473,455 - --------- ------------------------- -------------- ----------------- ---------------- ---------------
*In addition to the above, NEA ONSET Partners, Limited Partnership ("NEA ONSET") is a general partner of OEAM and hence, may be deemed to share voting and dispositive power over the 1,473,455 shares beneficially owned by OEAM and OEA. Similarly, each of Cornelius C. Bond, Jr., Frank A. Bonsal, Jr., Nancy L. Dorman, C. Richard Kraunlich, Arthur J. Marks, Thomas C. McConnell, Charles W. Newhall, and C. Woodrow Rea, Jr., the eight general partners of NEA ONSET may be deemed to share any voting and dispositive power deemed to be held by NEA ONSET. 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 Under certain circumstances set forth in the partnership agreements of each of OEA and OEAM, the general and/or limited partners of each such partnership have the right to receive dividends from, or the proceeds from the sale of, the Common Stock of Issuer beneficially owned by each such partnership. 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 No reporting person is a member of a group as defined in Section 240.13d-1(b)(1)(ii)(H) of the Act. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification Not applicable. EXHIBITS A: Joint Filing Statement Page 7 of 9 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. Date: February 13, 1997 ONSET Enterprise Associates, L.P. By: OEA Management, L.P., its general partner By: /s/ Terry L. Opdendyk ----------------------------------- General Partner OEA Management, L.P. By: /s/ Terry L. Opdendyk -------------------------------------------- General Partner /s/ Robert F. Kuhling, Jr. - ----------------------------------------------- Robert F. Kuhling, Jr. /s/ Terry L. Opdendyk - ----------------------------------------------- Terry L. Opdendyk Page 8 of 9 pages EXHIBIT A We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of us. Date: February 13, 1997 ONSET Enterprise Associates, L.P. By: OEA Management, L.P., its general partner By: /s/ Terry L. Opdendyk ----------------------------------- General Partner OEA Management, L.P. By: /s/ Terry L. Opdendyk -------------------------------------------- General Partner /s/ Robert F. Kuhling, Jr. - ----------------------------------------------- Robert F. Kuhling, Jr. /s/ Terry L. Opdendyk - ----------------------------------------------- Terry L. Opdendyk Page 9 of 9 pages -----END PRIVACY-ENHANCED MESSAGE-----