Hi TechHunter,
I just started looking at BGF and am trying to confirm these Internet
holdings. I found no mention of them in any of the Bear Stearns
reports. I just looked through the miningco.com SEC filing and could
not find any reported ownership of their stock (below). Am I missing
something here? Do they own a company who owns these shares? Thanks.
BENEFICIAL OWNER NUMBER PERCENT NUMBER PERCENT
------------------------------------------------ ---------- ----------- ---------- -----------
Scott P. Kurnit (2)............................. 1,537,597 19.9% 1,537,597
Marc M. Watson (3).............................. 1,107,640 14.2 1,107,640
C-Max Capital Limited Partnership-I (4)......... 1,089,840 14.0 1,089,840
Open Text Corporation (5)....................... 909,306 11.8 909,306
Dixon R. Doll (6)............................... 904,445 11.5 904,445
Doll Funds (7).................................. 882,195 11.2 882,195
Zero Stage Capital Entities (8)................. 875,099 11.1 875,099
XL Capital Corporation (9)...................... 737,864 9.6 737,864
Kristopher A. Wood (10)......................... 737,864 9.6 737,864
Crystal Internet Venture Fund, L.P. (11)........ 716,839 9.2 698,839
Prospect Street NYC Discovery Fund, L.P. (12)... 638,975 8.3 638,975
William C. Day (13)............................. 135,742 1.7 135,742
Alan T. Wragg (14).............................. 69,769 * 69,769
Ronald Unterman (15)............................ 17,800 * 17,800
Frank J. Biondi, Jr............................. -- -- --
All directors and executive
officers as a group (8 persons) (16).......... 4,510,857 55.1 4,510,857
------------------------
* Less than 1% of total.
(1) Gives effect to the shares of common stock issuable within 60 days of
December 5, 1998 upon the exercise of all options and other rights
beneficially owned by the indicated stockholders on that date. Beneficial
ownership is determined in accordance with the rules of the Commission and
includes voting and investment power with respect to shares. Unless
otherwise indicated, the persons named in the table have sole voting and
sole investment control with respect to all shares beneficially owned.
(2) Includes 30,678 shares of common stock issuable upon the exercise of stock
options and 15,279 shares of common stock issuable upon the exercise of
warrants.
(3) Includes 1,089,840 shares of common stock beneficially owned by C-Max
Capital Limited Partnership-I. Mr. Watson is a director of C-Max Capital
Corporation, the general partner of C-Max Capital Limited Partnership-I. Mr.
Watson disclaims beneficial ownership of the shares held by C-Max Capital
Limited Partnership-I except to the extent of his pecuniary interest
therein. Also includes 17,800 shares of common stock subject to a repurchase
right by the Company.
(4) Includes 85,440 shares of common stock issuable upon the exercise of
warrants. The address of C-Max Capital Limited Partnership-I is 1515 E.
Broward Boulevard, Suite 321, Fort Lauderdale, Florida 33301.
(5) Includes 33,005 shares of common stock issuable upon the exercise of
warrants. The address of Open Text Corporation is 185 Columbia Street West,
Waterloo, Ontario, Canada N2L 5Z5.
(6) Includes 22,250 shares of common stock held by the Dixon and Carol Doll
Family Trust, of which 17,800 shares of common stock are subject to a
repurchase right of the Company. Mr. Doll is a beneficiary of the Dixon and
Carol Doll Family Trust. Also includes (i) 804,082 shares of common stock
beneficially owned by Doll Technology Investment Fund, (ii) 47,310 shares of
common stock
beneficially owned by Doll Technology Affiliates Fund, L.P. and (iii) 30,803
shares of common stock beneficially owned by Doll Technology Side Fund, L.P.
Mr. Doll is the managing member of Doll Technology Investment Management,
L.L.C., the general partner of each of these funds. Mr. Doll disclaims
beneficial ownership of the shares held by these funds except to the extent
of his pecuniary interest therein.
(7) Consists of (i) 649,228 shares of common stock held by Doll Technology
Investment Fund, (ii) 154,854 shares of common stock issuable to Doll
Technology Investment Fund upon the exercise of warrants and (iii) 38,198
shares of common stock held by Doll Technology Affiliates Fund, L.P., (iv)
9,112 shares of common stock issuable to Doll Technology Affiliates Fund,
L.P. upon the exercise of warrants, (v) 24,870 shares of common stock held
by Doll Technology Side Fund, L.P. and (vi) 5,933 shares of common stock
issuable to Doll Technology Side Fund, L.P. upon the exercise of warrants.
The address of each of these entities is 3000 Sand Hill Road, Building 3,
Suite 210, Menlo Park, California 94025.
(8) Consists of (i) 522,637 shares of common stock held by Zero Stage Capital V
Limited Partnership, (ii) 169,897 shares of common stock issuable to Zero
Stage V Limited Partnership upon the exercise of warrants and (iii) 182,565
shares of common stock held by Zero Stage Capital VI Limited Partnership.
The address of each of these entities is 101 Main Street, 17th Floor,
Cambridge, Massachusetts 02142-1519.
(9) The address of XL Capital Corporation is 3 East 54th Street, 17th Floor, New
York, New York 10022.
(10) Consists of 737,864 shares of common stock held by XL Capital Corporation,
of which Mr. Wood is an employee. Mr. Wood disclaims beneficial interest of
such shares.
(11) Includes 109,188 shares of common stock issuable to Crystal Internet
Venture Fund, L.P. upon the exercise of warrants. The address of Crystal
Internet Venture Fund, L.P. is 1120 Chester Avenue, Suite 310, Cleveland,
Ohio 44114.
(12) The address of Prospect Street NYC Discovery Fund, L.P. is 10 East 40th
Street, 44th Floor, New York, New York 10016.
(13) Includes 123,282 shares of common stock issuable upon the exercise of
options. Does not include (i) 62,300 shares of common stock issuable upon
the exercise of options which will be exercisable upon the closing of this
offering or (ii) 67,640 shares of common stock issuable upon the exercise of
options that do not vest within 60 days of December 5, 1998.
(14) Consists of 69,769 shares of common stock issuable upon the exercise of
options. Does not include 53,400 shares of common stock issuable upon the
exercise of options which will be exercisable upon the closing of this
offering or (ii) 7,120 shares of common stock issuable upon the exercisable
of options that do not vest within 60 days of December 5, 1998.
(15) All 17,800 shares of common stock are subject to a repurchase right by the
Company.
(16) Includes (i) 225,509 shares of common stock issuable upon the exercise of
stock options that vest within 60 days of December 5, 1998 and (ii) 270,618
shares of common stock issuable upon the exercise of warrants. See notes 2
through 15. |
