-----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, CJJkskQAQLVQelEK3RIslXCf4f9PoBTS2NXDEaUdsDT6NSJkHVSlXUy8riQZf69u apE/RmTE1/b6wf7rMxVM6g== 0000950137-98-000421.txt : 19980217 0000950137-98-000421.hdr.sgml : 19980217 ACCESSION NUMBER: 0000950137-98-000421 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980212 SROS: NASD GROUP MEMBERS: ARCH DEVELOPMENT CORPORATION GROUP MEMBERS: ARCH VENTURE FUND II LIMITED PARTNERSHIP GROUP MEMBERS: ARCH VENTURE FUND LIMITED PARTNERSHIP GROUP MEMBERS: LAZARUS STEVEN GROUP MEMBERS: STEVEN LAZARUS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NANOPHASE TECHNOLOGIES CORPORATION CENTRAL INDEX KEY: 0000883107 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390] IRS NUMBER: 363687863 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-52413 FILM NUMBER: 98533824 BUSINESS ADDRESS: STREET 1: 453 COMMERCE ST CITY: BURR RIDGE STATE: IL ZIP: 60521 BUSINESS PHONE: 6303231200 MAIL ADDRESS: STREET 1: 453 COMMERCE STREET CITY: BURR RIDGE STATE: IL ZIP: 60521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LAZARUS STEVEN CENTRAL INDEX KEY: 0001054117 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 8735 WEST HIGGINS ROAD STREET 2: SUITE 235 CITY: CHICAGO STATE: IL ZIP: 60631 BUSINESS PHONE: 7733806600 MAIL ADDRESS: STREET 1: 8735 WEST HIGGINS ROAD STREET 2: SUITE 235 CITY: CHICAGO STATE: IL ZIP: 60631 SC 13G 1 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (AMENDMENT NO. __)* NANOPHASE TECHNOLOGIES CORPORATION - ------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, par value $.01 per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 630079 10 1 --------------------------------------------------- (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 disclosures provided in a prior cover page. The information required on 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 14 2 SCHEDULE 13G CUSIP No. 630079 10 1 Page 2 of 14 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) ARCH VENTURE FUND LIMITED PARTNERSHIP - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 768,088 ------------------------------------------------------ 6. SHARED VOTING POWER -0- NUMBER OF SHARES BENEFICIALLY OWNED ------------------------------------------------------ BY EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH 768,088 ------------------------------------------------------ 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 768,088 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 3 SCHEDULE 13G CUSIP No. 630079 10 1 Page 3 of 14 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) ARCH VENTURE FUND II LIMITED PARTNERSHIP - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 705,835 ------------------------------------------------------ 6. SHARED VOTING POWER -0- NUMBER OF SHARES BENEFICIALLY OWNED ------------------------------------------------------ BY EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH 705,835 ------------------------------------------------------ 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 705,835 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 4 SCHEULE 13G CUSIP No. 630079 10 1 Page 4 of 14 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) STEVEN LAZARUS - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 1,487,957 ------------------------------------------------------ 6. SHARED VOTING POWER -0- NUMBER OF SHARES BENEFICIALLY OWNED ------------------------------------------------------ BY EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH 1,487,957 ------------------------------------------------------ 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 5 CUSIP No. 630079 10 1 Page 5 of 14 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) ARCH DEVELOPMENT CORPORATION - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION ILLINOIS - -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 820,198 ------------------------------------------------------ 6. SHARED VOTING POWER -0- NUMBER OF SHARES BENEFICIALLY OWNED ------------------------------------------------------ BY EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON WITH 820,198 ------------------------------------------------------ 8. SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 820,198 - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! 6 CUSIP No. 630079 10 1 Page 6 of 14 Pages ITEM 1(a) NAME OF ISSUER: Nanophase Technologies Corporation ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 453 Commerce Street Burr Ridge, Illinois 60521 ITEM 2(a) NAME OF PERSON FILING: ARCH Venture Fund Limited Partnership ARCH Venture Fund II Limited Partnership Steven Lazarus ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OF, IF NONE, RESIDENCE ARCH Venture Fund Limited Partnership 8735 W. Higgins Road Suite 235 Chicago, Illinois 60631 ARCH Venture Fund II Limited Partnership 8735 W. Higgins Road Suite 235 Chicago, Illinois 60631 Steven Lazarus c/o ARCH Venture Partners L.P. 8735 W. Higgins Road Suite 235 Chicago, Illinois 60631 ARCH Development Corporation 1101 E. 58th Street Walker 213 Chicago, Illinois 60637 ITEM 2(c) CITIZENSHIP: ARCH Venture Fund Limited Partnership: Delaware ARCH Venture Fund II Limited Partnership: Delaware Steven Lazarus: U.S.A. ARCH Development Corporation: Illinois 7 CUSIP No. 630079 10 1 Page 7 of 14 Pages ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $.01 per share ITEM 2(E) CUSIP NUMBER: 630079 10 1 ITEM 3. TYPE OF PERSON: Not Applicable. ITEM 4. OWNERSHIP: (a) AMOUNT BENEFICIALLY OWNED: ARCH Venture Fund Limited Partnership: 768,088 (1) ARCH Venture Fund II Limited Partnership: 705,835 Steven Lazarus: -0- (2) ARCH Development Corporation: 820,198 (3) (b) PERCENT OF CLASS: ARCH Venture Fund Limited Partnership: 6.1% (1) ARCH Venture Fund II Limited Partnership: 5.7% Steven Lazarus: 0.0% (2) ARCH Development Corporation: 6.6% (3) (c) NUMBER OF SHARES AS TO WHICH PERSON HAS: ARCH Venture Fund Limited Partnership: (i) sole power to vote or to direct the vote: 768,088(1) (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 768,088 (1) (iv) shared power to dispose or to direct the disposition of: -0- 8 CUSIP No. 630079 10 1 Page 8 of 14 Pages ARCH Venture Fund II Limited Partnership: (i) sole power to vote or to direct the vote: 705,835 (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 705,835 (iv) shared power to dispose or to direct the disposition of: -0- Steven Lazarus: (i) sole power to vote or to direct the vote: 1,487,957(2) (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 1,487,957 (2) (iv) shared power to dispose or to direct the disposition of: -0- ARCH Development Corporation: (i) sole power to vote or to direct the vote: 820,198 (3) (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 820,198 (3) (iv) shared power to dispose or to direct the disposition of: -0- ________________ (1) Includes an aggregate of 232,491 shares of Common Stock issuable upon exercise of warrants presently exercisable by ARCH Venture Fund Limited Partnership ("AVFLP"). (2) Mr. Lazarus serves as the managing director of ARCH Venture Partners L.P. and has been granted power of attorney to act in the name of and for ARCH Development Corporation ("ADC") with respect to ADC's role as general partner of AVFLP. Mr. Lazarus also serves as managing director of ARCH Venture Fund II Limited Partnership ("AVF II") and ARCH Fund II Parallel, L.P. ("AFP"). In such capacities, Mr. Lazarus has sole voting and investment power with respect to (i) the shares of Common Stock held by AVFLP and AVF II and (ii) the 14,034 shares of Common Stock held by AFP and, therefore, may be deemed to be the beneficial owner of the shares of Common Stock directly owned by AVFLP, AVF II and AFP, which would equal 11.9% of the Common Stock outstanding as of December 31, 1997. Mr. Lazarus disclaims this beneficial ownership. (3) ADC, which holds, 52,110 shares of Common Stock, is the general partner of AVFLP. In such capacity, ADC has sole voting and investment power with respect to the shares of Common Stock held by AVFLP and, therefore, may be deemed to be the beneficial owner of the shares of Common Stock directly owned by AVFLP. 9 CUSIP No. 630079 10 1 Page 9 of 14 Pages 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. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable. ITEM 10. CERTIFICATION: Not Applicable. 10 CUSIP No. 630079 10 1 Page 10 of 14 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 12, 1998 ARCH VENTURE FUND LIMITED PARTNERSHIP By:/s/ STEVEN LAZARUS ______________________________ Its: Managing Director ____________________________ 11 CUSIP No. 630079 10 1 Page 11 of 14 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 12, 1998 ARCH VENTURE FUND II LIMITED PARTNERSHIP ---------------------------------------- By:/s/ STEVEN LAZARUS ---------------------------------- Its: Managing Director 12 CUSIP No. 630079 10 1 Page 12 of 14 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 12, 1998 /s/ STEVEN LAZARUS -------------------------------- Steven Lazarus 13 CUSIP No. 630079 10 1 Page 13 of 14 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 12, 1998 ARCH DEVELOPMENT CORPORATION By:/s/ THOMAS CHURCHWELL ------------------------------------ Its: President ----------------------------------- 14 CUSIP No. 630079 10 1 Page 14 of 14 Pages EXHIBIT 1 JOINT FILING ARCH Venture Fund Limited Partnership, ARCH Venture Fund II Limited Partnership, Steven Lazarus and ARCH Development Corporation hereby agree that the Schedule 13G to which this Agreement is attached is being filed on behalf of each of ARCH Venture Fund Limited Partnership, ARCH Venture Fund II Limited Partnership, Steven Lazarus and ARCH Development Corporation. Date: February 12, 1998 ARCH VENTURE FUND LIMITED PARTNERSHIP By: /s/ STEVEN LAZARUS ______________________________ Managing Director Its: _____________________________ ARCH VENTURE FUND II LIMITED PARTNERSHIP By: /s/ STEVEN LAZARUS _______________________________ Its: Managing Director ----------------------------- /s/ STEVEN LAZARUS __________________________________ Steven Lazarus ARCH DEVELOPMENT CORPORATION By: /s/ THOMAS CHURCHWELL ______________________________ Its: President -----END PRIVACY-ENHANCED MESSAGE-----