UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TOA BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(cv), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)/1/
UNDER THE SECURITIES EXCHANGE ACT OF 1934
USDATA Corporation
------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
917294 10 0
------------------------------
(CUSIP Number)
December 31, 2001
---------------------------
(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)
--------------------
/1/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 the disclosures provided in a prior cover page.
The information required in 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).
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders L.P.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 611,772
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
311,772
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
311,772
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.03%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders Offshore C.V.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles limited partnership
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 311,772
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
311,772
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
311,772
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.03%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders Management L.P.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 311,772
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
311,772
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
311,772
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.03%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders Management, Inc.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 623,543
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
623,543
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
623,543
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
22.06%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders II L.P.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 311,771
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
311,771
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
311,771
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.03%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders II Offshore C.V.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles limited partnership
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 311,771
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
311,771
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
311,771
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.03%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
CUSIP NO. 255911109 13G/A
------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Technology Leaders II Management L.P.
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 311,771
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
311,771
------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
311,771
------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
[_]
------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.03%
------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
------------------------------------------------------------------------------
Item 1(a) Name of Issuer:
USDATA Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
2435 North Central Expressway
Richardson, TX 75080-2722
Item 2(a) Name of Person Filing:
(1) Technology Leaders L.P.
(2) Technology Leaders Offshore C.V.
(3) Technology Leaders Management L.P.
(4) Technology Leaders Management, Inc.
(5) Technology Leaders II L.P.
(6) Technology Leaders II Offshore C.V.
(7) Technology Leaders II Management L.P.
Item 2(b) Address of Principal Business Offices:
(1), (3), (4), (5), (7):
700 Building
435 Devon Park Drive
Wayne, PA 19087-1990
(2) & (6):
c/o ABN Trust Company (Curacao) N.V.
P.O. Box 224
15 Pietermaai
Curacao, Netherlands Antilles
Item 2(c) Citizenship:
(1), (3), (5), (7): Delaware limited partnership
(2) & (6): Netherlands Antilles limited partnership
(4): Delaware corporation
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
917294 10 0
Item 3 If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(a) [_] Broker or dealer registered under Section 15 of the
Exchange Act
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange
Act
(c) [_] Insurance company as defined in Section 3(a)(19) of
the Exchange Act
(d) [_] Investment company registered under Section 8 of the
nvestment Company Act
(e) [_] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E)
(f) [_] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F)
(g) [_] A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G)
(h) [_] A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act
(i) [_] A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J)
Not applicable
Item 4 Ownership:
Provide the following information regarding the aggregate
number and percentage of the class of securities of the
issuer identified in Item 1.
(a) Amount beneficially owned: 623,543
(b) Percent of class: 22.06%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
-0-
(ii) Shared power to vote or to direct the vote:
623,543
(iii) Sole power to dispose or to direct the
disposition of: -0-
(iv) Shared power to dispose or to direct the
disposition of: 623,543
Technology Leaders Management, Inc. is a co-general partner
of Technology Leaders Management L.P. Technology Leaders
Management L.P. is the sole general partner of Technology
Leaders L.P. ("TL") and a co-general partner of Technology
Leaders Offshore C.V. ("TLO"). TL and TLO are venture
capital funds which are required by their governing
documents to make all investment, voting and disposition
actions in tandem. Technology Leaders Management L.P. sole
authority and responsibility for all investment, voting and
disposition decisions for TL and TLO, which powers are
exercised through its seven person executive committee, by
whose decisions the general partners have agreed to be
bound. TL owns 145,567 shares and TLO owns 166,205 shares.
Technology Leaders Management, Inc. is a co-general partner
of Technology Leaders II Management L.P. Technology Leaders
II Management L.P. is the sole general partner of Technology
Leaders II L.P. ("TL II") and a co-general partner of
Technology Leaders II Offshore C.V. ("TLO II"). TL II and
TLO II are venture capital funds which are required by their
governing documents to make all investment, voting and
disposition actions in tandem. Technology Leaders Management
II L.P. has sole authority and responsibility for all
investment, voting and disposition decisions for TL II and
TLO II, which powers are exercised through its seven person
executive committee, by whose decisions the general partners
have agreed to be bound. TL II owns 173,750 shares and TLO
II owns 138,021 shares.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [_]
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:
Not applicable
Item 8 Identification and Classification of Members of the Group:
Technology Leaders L.P., Technology Leaders Offshore C.V.,
Technology Leaders Management L.P., Technology Leaders
Management, Inc., Technology Leaders II L.P., Technology
Leaders II Offshore C.V., and Technology Leaders II
Management L.P. are members of a group for purposes of
Sections 13 (d) and 13 (g) of the Securities Exchange Act of
1934.
Item 9 Notice of Dissolution of Group:
Not applicable
Item 10 Certification
Not applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in statement is true, complete and
correct.
Dated: February 12, 2002 TECHNOLOGY LEADERS L.P.
By: Technology Leaders Management L.P,
its general partner
By: Technology Leaders Management, Inc.,
its general partner
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller
TECHNOLOGY LEADERS OFFSHORE C.V.
By: Technology Leaders Management L.P.,
its general partner
By: Technology Leaders Management, Inc.,
its General partner
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller
TECHNOLOGY LEADERS MANAGEMENT L.P.
By: Technology Leaders Management, Inc.,
its general partner
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller
TECHNOLOGY LEADERS MANAGEMENT, INC.
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller
TECHNOLOGY LEADERS II L.P.
By: Technology Leaders II Management L.P,
its general partner
By: Technology Leaders Management, Inc.,
its general partner
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller
TECHNOLOGY LEADERS II OFFSHORE C.V.
By: Technology Leaders II Management L.P,
its general partner
By: Technology Leaders Management, Inc.,
its general partner
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller
TECHNOLOGY LEADERS II MANAGEMENT L.P.
By: Technology Leaders Management, Inc.,
its general partner
By: /s/ Janet L. Stott
--------------------------------------
Name: Janet L. Stott
Title: Controller