-----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, SZZMPWehmFkBBjQqeRG6SzwkMAMIaeR8zS6sWE4MLBTNjWvf59gne38H4U9eTIs6 VKx58l860LYauMBteV7y2Q== 0000891020-98-000656.txt : 19980428 0000891020-98-000656.hdr.sgml : 19980428 ACCESSION NUMBER: 0000891020-98-000656 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980427 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TARGETED GENETICS CORP /WA/ CENTRAL INDEX KEY: 0000921114 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 911549568 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-44887 FILM NUMBER: 98601455 BUSINESS ADDRESS: STREET 1: 1100 OLIVE WAY STREET 2: STE 100 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 2066237612 MAIL ADDRESS: STREET 1: 1100 OLIVE WAY STREET 2: STE 100 CITY: SEATTLE STATE: WA ZIP: 98101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITABLE LIFE ASSURANCE SOCIETY CENTRAL INDEX KEY: 0001038581 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: CITY PLACE HALL STREET 2: 55 BASINGHALL STREET CITY: LONDON EC2V 5DR MAIL ADDRESS: STREET 1: CITY PLACE HALL STREET 2: 55 BASINGHALL STREET CITY: LONDON EC2V 5DR SC 13D 1 SCHEDULE 13D 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) TARGETED GENETICS CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $.01 PAR VALUE PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 87612M 10 8 - -------------------------------------------------------------------------------- (CUSIP Number) James A. Johnson Targeted Genetics Corporation 1100 Olive Way, Suite 100 Seattle, Washington 98101 (206) 623-7612 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 17, 1998 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ] Page 1 of 11 pages 2 SCHEDULE 13D CUSIP NO. 87612M 10 8 PAGE 2 OF 11 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THE EQUITABLE LIFE ASSURANCE SOCIETY - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] 2 (b) [ ] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS* 4 WC - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 5 ITEMS 2(d) or 2(E) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 UNITED KINGDOM - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 3,000,000 NUMBER OF ---------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 OWNED BY ---------------------------------------------------------------- EACH SOLE DISPOSITIVE POWER REPORTING 9 PERSON 3,000,000 WITH ---------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,000,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.03% (1) - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT -2- 3 NOTES TO SCHEDULE 13D FOR TARGETED GENETICS CORPORATION (1) Percentage is based upon 28,883,381 shares of Common Stock outstanding as of April 17, 1998. -3- 4 ITEM 1. SECURITY AND ISSUER. This Schedule 13D relates to the Common Stock, par value $.01 per share ("Common Stock"), of Targeted Genetics Corporation, a Washington corporation ("Targeted Genetics"), the principal executive office of which is located at 1100 Olive Way, Suite 100, Seattle, Washington 98101. ITEM 2. IDENTITY AND BACKGROUND. This Schedule 13D is filed on behalf of The Equitable Life Assurance Society, a company formed under the laws of the United Kingdom ("Equitable"), pursuant to Rule 13d-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Equitable owns 3,000,000 shares of Common Stock of Targeted Genetics (the "Equitable Shares"). Equitable's principal business is life assurance and pensions principally in the United Kingdom. The principal business address and the principal office address of Equitable is City Place House, 55 Basinghall Street, London EC2V 5DR, England. (d), (e) Equitable has not during the last five years, (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. OFFICERS AND DIRECTORS OF REPORTING PERSON: (a) Name: PETER ANTHONY DAVIS (b) Business Address: 29 Arthur Road London SW19 7DN England (c) Principal Occupation, Name of Business, Principal Business and Address: Accountant Director of Equitable 29 Arthur Road London SW19 7DN England (d) Criminal Proceedings:None (e) Civil Proceedings: None -4- 5 (f) Citizenship: British (a) Name: PETER MARTIN (b) Residence Address: Knighton Cottage Knighton Swindon Wilts SN6 8NT England (c) Principal Occupation, Name of Business, Principal Business and Address: Solicitor, Retired Director of Equitable (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: ALAN NASH (b) Business Address: The Equitable Life Assurance Society Walton Street Aylesbury Bucks HP21 7QW England (c) Principal Occupation, Name of Business, Principal Business and Address: General Manager - Finance and a Director of Equitable The Equitable Life Assurance Society Walton Street Aylesbury Bucks HP21 7QW England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: JENNIFER ANNE PAGE -5- 6 (b) Business Address: The New Millenium Experience Company Ltd. 110 Buckingham Palace Road London SW1W 9SB England (c) Principal Occupation, Name of Business, Principal Business and Address: Chief Executive The New Millenium Experience Company 110 Buckingham Palace Road London SW1W 9SB England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: DAVID WILLIAM JAMES PRICE (b) Business Address: Mercury Asset Management plc 33 King William Street London EC4R 9AS England (c) Principal Occupation, Name of Business, Principal Business and Address: Deputy Chairman Director of Equitable Mercury Asset Management plc 33 King William Street London EC4R 9AS England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: JOHN RICHARD SCLATER (b) Business Address: 117 Eaton Square London SW1W 9AA -6- 7 England (c) Principal Occupation, Name of Business, Principal Business and Address: Banker Director of Equitable 117 Eaton Square London SW1W 9AA England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: IAN PETER SEDGWICK (b) Business Address: Schroeders plc 120 Cheapside London EC2V 6DS England (c) Principal Occupation, Name of Business, Principal Business and Address: Vice Chairman Director of Equitable Schroeders plc 120 Cheapside London EC2V 6DS England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: JONATHAN FRANCIS TAYLOR (b) Business Address: Booker plc 85 Buckingham Gate London SW1E 6PD England -7- 8 (c) Principal Occupation, Name of Business, Principal Business and Address: Chairman Director of Equitable Booker plc 85 Buckingham Gate London SW1E 6PD England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: DAVID GEORGE THOMAS (b) Business Address: The Equitable Life Assurance Society City Place House 55 Basinghall Street London EC2V 5DR England (c) Principal Occupation, Name of Business, Principal Business and Address: General Manager - Investments and a Director of Equitable The Equitable Life Assurance Society City Place House 55 Basinghall Street London EC2V 5DR England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: ALAN GEORGE TRITTON (b) Residence Address: Lyons Hall Great Leighs Chelmsford -8- 9 Essex CH3 1PL England (c) Principal Occupation, Name of Business, Principal Business and Address: Retired Director of Equitable (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British (a) Name: DAVID WILLIAM WILSON (b) Business Address: Wilson Bowden plc Wilson Bowden House Leicester Road Ibstock Leicester LE67 6HP England (c) Principal Occupation, Name of Business, Principal Business and Address: Chairman Director of Equitable Wilson Bowden plc Wilson Bowden House Leicester Road Ibstock Leicester LE67 6HP England (d) Criminal Proceedings: None (e) Civil Proceedings: None (f) Citizenship: British ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. On April 17, 1998, the Reporting Person was issued 2,000,000 shares of Targeted Genetics' Common Stock and a warrant to purchase an additional 1,000,000 shares of Common Stock for $3,000,000 pursuant to an offering by Targeted Genetics under -9- 10 Regulation D to qualified institutional investors. The shares were acquired with working capital. ITEM 4. PURPOSE OF TRANSACTION. The shares were acquired for investment purposes. (a)-(j) None ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) The 3,000,000 shares held by Equitable represent 10.03% of the 28,883,381 shares of Common Stock of Targeted Genetics outstanding on the date hereof, based upon information provided by Targeted Genetics and calculated in accordance with Rule 13d-3(d)(1) under the Exchange Act. (b) Equitable has the sole power to vote or direct the voting of and to dispose of or direct the disposition of the Equitable Shares. (c) Except as set forth in this Schedule 13D, neither Equitable nor, to the best of the knowledge of Equitable, any of the officers or directors of Equitable named herein, owns any shares of the capital stock of Targeted Genetics or has purchased or sold any shares of the capital stock of Targeted Genetics during the past 60 days (d) Except as set forth in this Schedule 13D, no person is known by Equitable to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Equitable Shares. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. None. -10- 11 SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct and agrees that this statement is filed on behalf of the undersigned. Dated: April 27, 1998 THE EQUITABLE LIFE ASSURANCE SOCIETY By /s/ Charles Edward Duddridge ------------------------------------------- Its Assistant General Manager Securities and Investments -11- -----END PRIVACY-ENHANCED MESSAGE-----