-----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, U3Vzb4Ou4RG0J2lG9yqpt61Y6JhCSfZWMblV4kOUoI3181nlf2oj8JvNSRlxl7nh jsdNpv/Pjoam0AMxHHMOGw== 0000931763-98-002626.txt : 19981014 0000931763-98-002626.hdr.sgml : 19981014 ACCESSION NUMBER: 0000931763-98-002626 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981013 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VIDAMED INC CENTRAL INDEX KEY: 0000929900 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 770314454 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-44893 FILM NUMBER: 98724005 BUSINESS ADDRESS: STREET 1: 46107 LANDING PARKWAY STREET 2: SUITE 101 CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5104924900 MAIL ADDRESS: STREET 1: 46107 LANDING PARKWAY STREET 2: STE 101 CITY: FREMONT STATE: CA ZIP: 94538 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FLEMING HAYDEN CENTRAL INDEX KEY: 0001051120 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 14988 NORTH 78TH WAY STREET 2: STE 200 CITY: SCOTTSDALE STATE: AZ ZIP: 85260 BUSINESS PHONE: 6024839282 MAIL ADDRESS: STREET 1: 14988 NORTH 78TH WAY STREET 2: STE 200 CITY: SCOTTSDALE STATE: AZ ZIP: 85260 SC 13D 1 FILING OF HAYDEN R. FLEMMING UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 VidaMed, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock $.001 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 926530106 (CUSIP Number) Hayden R. Fleming 14988 N. 78th Way, Suite 2000 Scottsdale, Arizona 85260 (602) 483-9282 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 25, 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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [__]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7(b) for other parties to whom copies are to be sent. * 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). 13D CUSIP NO. 926530106 ---------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Hayden R. Fleming ---------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [___] (b) [___] ---------------------------------------------------------------------------------------------------- 3 SEC USE ONLY ---------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) AF and PF ---------------------------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e). [___] ---------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. ---------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,138,928 -------------------------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 185,900 OWNED BY EACH -------------------------------------------------------------------------------- REPORTING PERSON 9 SOLE DISPOSITIVE POWER WITH 1,138,928 -------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 185,900 ---------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,324,828 ---------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [___] ---------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.6% ---------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) IN ----------------------------------------------------------------------------------------------------
2 SCHEDULE 13D ITEM 1. The title of the class of equity securities to which this statement relates is Common Stock, par value $.001 per share (the "Common Stock"). The name of the issuer is VidaMed, Inc. (the "Company"). The principal executive offices of the Company is 46107 Landing Parkway, Suite 10, Fremont, California 94538. ITEM 2. IDENTIFY AND BACKGROUND The following information is provided for each person: (a) Name. Hayden R. Fleming. (b) Address. 14988 N. 78th Way, Suite 200, Scottsdale, Arizona 85260. (c) Principal Occupation and Employment. Hayden R. Fleming is the principal of Fleming Securities, Inc., a broker/dealer. (d) Criminal Proceedings. None. (e) Civil proceedings. None (f) Citizenship. United States of America. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Personal funds as well as working capital of affiliate. ITEM 4. PURPOSE OF TRANSACTION All of the reported shares are held for investment purposes. The reporting person has no plans or proposals which relate to or would result in: (a) The acquisition by any person of additional securities of the Company, or the disposition of securities of the Company; (b) An extraordinary corporate transaction, such as a merger, organization or liquidation, involving the Company or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (d) Any change in the present board of directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Company; (f) Any other material change in the Company's business or corporate structure; 3 (g) Changes in the Company's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Company by any person; (h) Causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Number of Shares/Percentage of Class Beneficially Owned. Hayden R. Fleming beneficially owns a total of 1,324,828 shares of the Company's Common Stock representing approximately 6.2% of the outstanding shares of Common Stock based on 19,942,422 shares of Common Stock outstanding as indicated by the Company as of June 30, 1998. Of such shares, 128,200 shares are owned by a trust for the benefit of Hayden Fleming and his wife, 57,700 shares are owned by the wife of Hayden Fleming or by an individual retirement account for her benefit, and 973,928 shares are owned by Circle F Ventures, LLC, a limited liability company of which Hayden Fleming is managing member. The remaining 165,000 shares are owned directly by Hayden Fleming or by an individual retirement account for his benefit. (b) Nature of Ownership. Hayden R. Fleming has sole power to vote and direct the disposition of 1,138,928 of the reported shares and has shared power to vote and direct the disposition of 185,900 of the reported shares that are owned jointly with his wife or by or for the benefit of his wife. (c) Recent Transactions. The following is a list of all transactions in the Company's Common Stock by Hayden R. Fleming during the 60 days preceding the date of this Schedule 13D. The shares below were bought by the following purchasers in open market transactions through the NASDAQ market system:
Date of Transaction Number of Shares Price Per Share Purchaser 08/25/98 10,000 $ 2.4475 Circle F Ventures LLC 08/25/98 5,000 $ 2.4475 Hayden R. Fleming IRA 08/25/98 5,000 $ 2.4475 LaDonna M. Fleming IRA 08/26/98 10,000 $ 2.00 Circle F Ventures LLC 08/26/98 7,000 $ 2.0625 Circle F Ventures LLC 08/26/98 5,000 $ 1.875 Hayden R. Fleming IRA 08/26/98 6,700 $ 1.75 LaDonna M. Fleming IRA 09/10/98 5,000 $ 1.9475 Hayden R. Fleming IRA 09/18/98 10,000 $ 2.0725 Circle F Ventures LLC 09/23/98 10,000 $ 1.3125 Hayden R. Fleming IRA
4 09/23/98 10,000 $ 1.3125 LaDonna M. Fleming IRA 09/24/98 125,000 $1.203925 Circle F Ventures LLC 09/25/98 275,000 $ 1.126 Circle F Ventures LLC 09/25/98 25,000 $ 1.03125 Fleming Trust 10/05/98 13,000 $ 1.03125 Fleming Trust 10/05/98 5,000 $ 1.00 Fleming Trust 10/06/98 86,000 $ .94959 Hayden R. Fleming IRA 10/08/98 30,000 $ .8125 Circle F Ventures LLC 10/09/98 30,000 $ .78125 Fleming Trust 10/09/98 20,000 $ .78125 Hayden R. Fleming IRA
(d) Rights to Dividends or Proceeds. None. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF ISSUER None. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. None. 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. October 9, 1998 - --------------- Date /s/ Hayden R. Fleming ----------------------------------------- Hayden R. Fleming Name/Title 5 -----END PRIVACY-ENHANCED MESSAGE-----