-----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, QOceGk7J5xwpXaGvABgjce8HR5uzwNkMdKXtqGanDjmB2h1obRuJvXU0avbwBb2j 94bg13svgsoDXYGAKZUBMg== 0001082504-00-000011.txt : 20000216 0001082504-00-000011.hdr.sgml : 20000216 ACCESSION NUMBER: 0001082504-00-000011 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000215 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEXT LEVEL COMMUNICATIONS INC CENTRAL INDEX KEY: 0001093802 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 943342408 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-57193 FILM NUMBER: 546511 BUSINESS ADDRESS: STREET 1: 6085 STATE FARM DRIVE CITY: LOHNERT PARK STATE: CA ZIP: 94928 BUSINESS PHONE: 7075846820 MAIL ADDRESS: STREET 1: 6085 STATE FARM DRIVE CITY: LOHNERT PARK STATE: CA ZIP: 94928 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLIN KEVIN CENTRAL INDEX KEY: 0000904841 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: SPENCER TRASK SECURITIES INC STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2123555565 SC 13G 1 KIMBERLIN - 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __)* NEXT LEVEL COMMUNICATIONS, INC. ----------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value ----------------------------------------------------------------- (Title of Class of Securities) 65333U 10 4 ----------------------------------- (CUSIP Number) December 30, 1999 ------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) * 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. - - ------------------------------------------------------------------------------ CUSIP No. 65333U 10 4 - - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON Kevin B. Kimberlin - - ------------------------------------------------------------------------------ 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 Citizen - - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER 10,976,011 SHARES ------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER 10,976,011 REPORTING ------------------------------------------------------------- PERSON WITH 8. SHARED DISPOSITIVE POWER 0 - - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,976,011 - - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.9% - - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON IN - - ------------------------------------------------------------------------------ 2 Item 1. (a) Name of Issuer: Next Level Communications, Inc. (b) Address of Issuer's Principal Executive Offices: 6085 State Farm Drive Rohnert Park, CA 94928 Item 2. (a) Name of Person Filing: Kevin B. Kimberlin (b) Address of Principal Business Office: c/o 535 Madison Avenue, 18th Floor New York, NY 10022 (c) Citizenship: Kevin B. Kimberlin is a citizen of the United States. (d) Title of Class of Securities: Common Stock, $.01 par value (e) CUSIP Number: 65333U 10 4 3 Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check the status of the person filing Not applicable. Item 4. Ownership (a) Amount beneficially owned: 10,976,011 (b) Percent of class: 12.9% (c) Number of shares as to which the person has (i) Sole power to vote or to direct the vote: 10,976,011 (ii) Shared power to vote or direct the vote: 0 (iii)Sole power to dispose or direct the disposition of: 10,976,011 (iv) Shared power to dispose or to direct the disposition of: 0 Kevin Kimberlin Partners, LP, a Delaware limited partnership ("KKP"), of which the reporting person is the sole general partner, received, in December 1999, a distribution of 4,438,540 shares of the Issuer's common stock from Spencer Trask Investors LLC, a Delaware limited liability company ("STI"). STI had distributed, in December 1999, all of its 5,863,329 shares of the Issuer's common stock and, in November 1999, all of its 8,480,102 warrants to purchase the common stock of the Issuer pro rata to its members (collectively, the "Distribution"), including 6,419,437 warrants of KKP. 4 Of the shares of common stock received, KKP (i) donated 5,400 shares to various charitable organizations in December 1999 and (ii) sold 20,000 shares, at a deemed price of $10.00 per share, to a consultant to KKP, as compensation for services rendered pursuant to an earlier agreement. In a recapitalization, KKP distributed the 6,419,437 warrants pro rata to its partners. The partners formed a Texas limited partnership (the "Partnership"), of which the reporting person is a general partner, and exchanged the warrants as consideration for their limited partnership interests in the Partnership. Spencer Trask Holdings, Inc. ("STH") received a pro rata distribution of 58,633 shares of common stock of the Issuer pursuant to the Distribution. STH also received a pro rata distribution of 84,801 warrants to purchase common stock of the Issuer pursuant to the Distribution. The reporting person is the controlling shareholder of STH. STH later contributed such shares and warrants to Spencer Trask Securities, Incorporated, its wholly-owned subsidiary. 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 or Control Person 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. Certifications Not Applicable. 5 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 15, 2000 /s/ Kevin B. Kimberlin __________________________________ Kevin B. Kimberlin 6 -----END PRIVACY-ENHANCED MESSAGE-----