-----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, KV+DOwbpSrj3L3rijr6tY65xpKU0GSWXO5BnBnVbjjaVAuR1ulklKkg+CfYwj1hW VcZHu7gzNuU0la6RfBz1vQ== 0001045969-98-000141.txt : 19980209 0001045969-98-000141.hdr.sgml : 19980209 ACCESSION NUMBER: 0001045969-98-000141 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980206 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RACOTEK INC CENTRAL INDEX KEY: 0000883741 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 411636021 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-42657 FILM NUMBER: 98522952 BUSINESS ADDRESS: STREET 1: 7301 OHMS LANE STE 200 CITY: MINNEAPOLIS STATE: MN ZIP: 55439 BUSINESS PHONE: 6128329800 MAIL ADDRESS: STREET 1: 7301 OHMS LANE STREET 2: STE 200 CITY: MINNEAPOLIS STATE: MN ZIP: 55439 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CORAL PARTNERS I SUPERIOR A MINNESOTA LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000939695 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 60 SOUTH SIXTH STREET STREET 2: SUITE 3510 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 MAIL ADDRESS: STREET 1: 60 SOUTH SIXTH STREET STREET 2: SUITE 3510 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 SC 13G/A 1 SCHEDULE 13G AMENDMENT NO. 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* Racotek, Inc. ------------------------------------ (Name of Issuer) Common Stock, Par Value $0.01 Per Share ------------------------------------ (Title of Class of Securities) 750091 100 --------------------- (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). Page 1 of 15 pages - ----------------------- --------------------- CUSIP NO. 750091 100 13G PAGE 2 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Partners I-Superior, A Minnesota Limited Partnership SEC ID 0000939695 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Minnesota - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 2,516,516 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 2,516,516 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 2,516,516 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 10.07% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 750091 100 13G PAGE 3 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Management Partners I, Limited Partnership - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Minnesota - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 2,516,516 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 2,516,516 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 2,516,516 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 X - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 10.07% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 750091 100 13G PAGE 4 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Partners II, a limited partnership SEC ID #0000924591 - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 1,501,374 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 1,504,374 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 1,504,374 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 6.02% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 750091 100 13G PAGE 5 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Coral Management Partners II, Limited Partnership - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 1,504,374 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 0 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 1,504,374 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 0 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 1,504,374 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 X - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 6.02% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 PN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 750091 100 13G PAGE 6 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Yuval Almog - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 145,320 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 4,033,890 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 145,320 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 4,033,890 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 4,179,210 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 X - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 16.65% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 750091 100 13G PAGE 7 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter H. McNerney - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 3,696 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 4,020,890 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 3,696 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 4,020,890 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 4,024,586 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 X - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 16.10% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTION BEFORE FILLING OUT! - ----------------------- --------------------- CUSIP NO. 750091 100 PAGE 8 OF 15 PAGES - ----------------------- --------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSON 1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Linda L. Watchmaker - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF 3,766 (See Item 4) SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 4,020,890 (See Item 4) OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING 3,766 (See Item 4) PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 4,020,890 (See Item 4) - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 4,024,656 (See Item 4) - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 X - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 16.10% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* 12 IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Issuer's Name and Address of Principal Executive Offices: - ------- --------------------------------------------------------- (a) Racotek, Inc. (b) 7301 Ohms Lane, Suite 200 Minneapolis, MN 55439 Item 2. Information Concerning Person Filing: - ------- ------------------------------------- (a) Filing Persons: Entities: Coral Partners I - Superior, A Minnesota Limited Partnership ("CP I") Coral Management Partners I, Limited Partnership ("CMP I") Coral Partners II, a limited partnership ("CP II") Coral Management Partners II, Limited Partnership ("CMP II") Individuals: Yuval Almog Peter H. McNerney Linda L. Watchmaker (b) Principal Business Address: 60 South Sixth Street Suite 3510 Minneapolis, MN 55402 (c) Citizenship/Place of Organization Entities: Coral Partners I - Superior ("CP I") Minnesota Coral Management Partners I ("CMP I") Minnesota Coral Partners II ("CP II") Delaware Coral Management Partners II ("CMP II") Delaware Individuals: Yuval Almog United States Peter H. McNerney United States Linda L. Watchmaker United States (d) Title of Class of Securities: Common Stock (e) CUSIP No. 750091 100 Item 3. Status of Person Filing: - ------- ------------------------ Not applicable. Page 9 of 15 Item 4. Ownership: - ------- ----------
ENTITIES CP I CMP I CP II CMP II --------- --------- ---------- --------- (a)Beneficial Ownership 2,516,516 2,516,516* 1,504,374 1,504,374* (b)Percentage of Class 10.07% 10.07% 6.02% 6.02% (c)(i)Sole Voting Power: 2,516,516 2,516,516 1,504,374 1,504,374 (ii)Shared Voting Power: 0 0 0 0 (iii)Sole Dispositive Power: 2,516,516 2,516,516 1,504,374 1,504,374 (iv)Shared Dispositive Power: 0 0 0 0 INDIVIDUALS: Almog McNerney Watchmaker --------- --------- ---------- (a)Beneficial Ownership 4,179,210* 4,024,586* 4,024,656* (b)Percentage of Class 16.65% 16.10% 16.10% (c)(i)Sole Voting Power: 145,320 3,696 3,766 (ii)Shared Voting Power: 4,033,890 4,020,890 4,020,890 (iii)Sole Dispositive Power: 145,320 3,696 3,766 (iv)Shared Dispositive Power: 4,033,890 4,020,890 4,020,890
* Pursuant to Rule 13d-4, the reporting person disclaims beneficial ownership of these securities except to the extent of his/her pecuniary interest therein. Item 5. Ownership of Five Percent or Less of a Class: - ------- --------------------------------------------- If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [_]. * Item 6. Ownership of More than Five Percent on Behalf of Another Person: - ------- ---------------------------------------------------------------- Not applicable. Item 7. Identification and Classification of Subsidiary: - ------- ------------------------------------------------ Not applicable. Item 8. Identification and Classification of Group: - ------- ------------------------------------------- Not applicable. Page 10 of 15 Item 9. Notice of Dissolution of Group: - ------- ------------------------------- Not applicable. Item 10. Certification: - -------- -------------- Not applicable. 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. Dated: February 3, 1998 Coral Partners II, a limited partnership By: Coral Management Partners II, Limited Partnership, Its: General Partner /s/ Linda L. Watchmaker - --------------------------- Linda L. Watchmaker General Partner Coral Partners I - Superior, A Minnesota Limited Partnership By: Coral Management Partners I, Limited Partnership Its: General Partner /s/ Linda L. Watchmaker - --------------------------- Linda L. Watchmaker General Partner Coral Management Partners II, Limited Partnership, By: General Partner /s/ Linda L. Watchmaker - --------------------------- Linda L. Watchmaker General Partner Page 11 of 15 Coral Management Partners I, Limited Partnership By: General Partner /s/ Linda L. Watchmaker - ------------------------- Linda L. Watchmaker General Partner By /s/ Yuval Almog ---------------------- Yuval Almog By /s/ Peter H. McNerney By /s/ Linda L. Watchmaker ---------------------- -------------------------- Peter H. McNerney Linda L. Watchmaker Page 12 of 15 EXHIBIT INDEX Sequentially Exhibit Document Description Numbered Page -------- -------------------- ------------- A Agreement of Joint Filing 14 Page 13 of 15 EXHIBIT A --------- Agreement of Joint Filing ------------------------- Each of the undersigned hereby agrees that they are filing jointly pursuant to Rule 13d-1(f)(1) of the Securities Exchange Act of 1934, as amended, the Statement dated February 3, 1998, containing the information required by Schedule 13G, for the shares of Common Stock of Racotek, Inc. which they each beneficially hold. Dated: February 3, 1998 Coral Partners II, a limited partnership By: Coral Management Partners II, Limited Partnership, Its: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Partners I - Superior, A Minnesota Limited Partnership By: Coral Management Partners I, Limited Partnership Its: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Management Partners II, Limited Partnership, By: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Coral Management Partners I, Limited Partnership By: General Partner /s/ Linda L. Watchmaker - ----------------------- Linda L. Watchmaker General Partner Page 14 of 15 By /s/ Yuval Almog --------------------- Yuval Almog By /s/ Peter H. McNerney By /s/ Linda L. Watchmaker --------------------- ----------------------- Peter H. McNerney Linda L. Watchmaker Page 15 of 15 -----END PRIVACY-ENHANCED MESSAGE-----