For those who don't go there, this was posted on the Yahoo! FIBR thread this morning.
Barb
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For those interested; this was made public today by the S.E.C.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
OSICOM TECHNOLOGIES, INC.
James D. Marver
VantagePoint Venture Partners
1001 Bayhill Drive, Suite 140
San Bruno, California 94066
(415) 866-3100
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 22, 1998
(Date of Event which Requires Filing of this Statement)
This Amendment No. 1 to Schedule 13D is being filed by and on behalf of
VantagePoint Venture Partners 1996, a Delaware
limited partnership ("VPVP 1996"), VantagePoint Associates, L.L.C., a
Delaware limited liability company and the general partner of
VPVP 1996 ("VP Associates), James D. Marver, an individual and a managing
member of VP Associates, and Alan E. Salzman, an
individual and a managing member of VP Associates. Capitalized terms used
herein and not otherwise defined have the meanings ascribed
to them in Schedule 13D, filed by the reporting persons with the Securities and
Exchange Commission on or about September 10,
1997.
VPVP 1996 beneficially owns 1,158,750 shares of Osicom Common Stock,
representing 6.1% of the outstanding Osicom Common Stock as of January
22, 1998 (calculated pursuant to Rule 13d-3(d)(1)).(1)
VP Associates beneficially owns 1,158,750 shares (to the extent of its
pecuniary interest in such shares) of Osicom Common Stock,
representing 6.1% of the outstanding Osicom Common Stock as of January
22, 1998 (calculated pursuant to Rule 13d-3(d)(1)).(1)
James D. Marver beneficially owns 1,158,750 shares (to the extent of
his pecuniary interest in such shares) of Osicom Common Stock,
representing 6.1% of the outstanding Osicom Common Stock as of January
22, 1998 (calculated pursuant to Rule 13d-3(d)(1)).(1)
Alan E. Salzman beneficially owns 1,158,750 shares (to the extent of
his pecuniary interest in such shares) of Osicom Common Stock,
representing 6.1% of the outstanding Osicom Common Stock as of January
22, 1998 (calculated pursuant to Rule 13d-3(d)(1)).(1)
(c) From January 15 through January 22, 1998, VPVP sold an aggregate of
517,000 shares of Osicom Common Stock as follows:
On January 15, 1998, VPVP sold 150,000 shares of Osicom Common Stock at
a price per share of $4.2781; on January 16, 1998, VPVP
sold 138,000 shares of Osicom Common Stock at a price per share of $4.7473;
on January 20, 1998, VPVP sold 54,000 shares of
Osicom Common Stock at a price per share of $5.3837; on January 21, 1998,
VPVP sold 150,000 shares of Osicom Common Stock at a
price per share of $5.8115; and on January 22, 1998, VPVP sold 25,000 shares
of Osicom Common Stock at a price per share of $6.25.
Each of these transactions was effected through a broker on the open market.
(d) VP Associates is the general partner of VPVP 1996. Messrs. Marver and
Salzman are the members and managers of VP
Associates and therefore have the power to direct its affairs, including decisions
respecting the disposition of proceeds from the sale
of the shares of Osicom Common Stock held by VPVP 1996. Under certain
circumstances set forth in the limited partnership
agreement of VPVP 1996, the general and limited partners of such partnership
may have the right to receive dividends with respect to,
or the proceeds from the sale of, the shares of Osicom Common Stock held by
VPVP 1996. |
