SC 13G/A: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on February 10, 2000
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. 1)(1)
Microvision, Inc.
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(NAME OF ISSUER)
Common Stock, no par value per share
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(TITLE OF CLASS OF SECURITIES)
594960 10 6
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(CUSIP NUMBER)
December 31, 1999
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(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)
/X/ Rule 13d - 1(c)
/_/ Rule 13d - 1(d)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing of this form with respect to the subject class of
securities, and for any subsequent amendment containing information which could
alter the 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).
Page 1 of 7
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CUSIP NO. 594960 10 6 13G PAGE 2 OF 7 PAGES
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Capital Ventures International
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) /_/
(B) /_/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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5 SOLE VOTING POWER
NUMBER OF 145,495
SHARES -------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 145,495**
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
145,495
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8 SHARED DISPOSITIVE POWER
145,495**
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
145,495
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* /_/
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5%
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12 TYPE OF REPORTING PERSON*
CO
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** Heights Capital Management, Inc. is the investment advisor to Capital
Ventures International and, as such, may exercise voting and dispositive power
over these shares.
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CUSIP NO. 594960 10 6 13G PAGE 3 OF 7 PAGES
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Heights Capital Management, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(A) /_/
(B) /_/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES -------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 145,495**
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
-------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
145,495**
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
145,495
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* /_/
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5%
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12 TYPE OF REPORTING PERSON*
CO
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** Heights Capital Management, Inc. is the investment advisor to Capital
Ventures International and, as such, may exercise voting and dispositive power
over these shares.
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CUSIP NO. 594960 10 6 13G PAGE 4 OF 7 PAGES
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ITEM 1(a). NAME OF ISSUER:
Microvision, Inc. (the "Company").
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2203 Airport Way South, Suite 100, Seattle, Washington 98134
ITEM 2(a). NAME OF PERSON FILING:
(1) Capital Ventures International (a "Reporting Person")
(2) Heights Capital Management, Inc. (a "Reporting Person")
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
(1) One Capitol Place, P.O. Box 1787 GT, Grand Cayman
Islands, B.W.I.
(2) 425 California Street, San Francisco, California 94104
ITEM 2(c). CITIZENSHIP:
(1) Cayman Islands
(2) Delaware
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, no par value per share, of the Company
("Common Stock").
ITEM 2(e). CUSIP NUMBER:
594960 10 6
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 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
Investment Company Act;
(e) /_/ An investment adviser in accordance with Rule
13-d(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 association 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).
If this statement is filed pursuant to Rule 13d-1(c), check this
box. /X/
ITEM 4. OWNERSHIP.
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CUSIP NO. 594960 10 6 13G PAGE 5 OF 7 PAGES
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(1) Capital Ventures International
(a) Amount beneficially owned:
145,495
(b) Percent of Class:
1.5%
(c) Number of shares to which such person has:
(i) Sole power to vote or direct the vote:
145,495
(ii) Shared power to vote or direct the vote:
145,495
(iii) Sole power to dispose or to direct the
disposition of:
145,495
(iv) Shared power to dispose of or direct the
disposition of:
145,495
(2) Heights Capital Management, Inc.
(a) Amount beneficially owned:
145,495
(b) Percent of Class.
1.5%
(c) Number of shares to which such person has:
(i) Sole power to vote or direct the vote.
0
(ii) Shared power to vote or direct the vote:
145,495
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CUSIP NO. 594960 10 6 13G PAGE 6 OF 7 PAGES
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(iii) Sole power to dispose or to direct the
disposition of.
0
(iv) Shared power to dispose of or direct the
disposition of:
145,495
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 |X|
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 BY THE PARENT HOLDING COMPANY.
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF A GROUP.
Not applicable
ITEM 10. CERTIFICATION.
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having such purpose or effect.
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CUSIP NO. 594960 10 6 13G PAGE 7 OF 7 PAGES
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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.
Date: February 9, 2000
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CAPITAL VENTURES INTERNATIONAL
By: Heights Capital Management, Inc., pursuant to a
Limited Power of Attorney, a copy of which was
filed as Exhibit A to the original Schedule 13G and
which is hereby incorporated by reference.
By: /s/ Michael Spolan
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Michael Spolan, General Counsel and
Secretary
HEIGHTS CAPITAL MANAGEMENT, INC.
By: /s/ Michael Spolan
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Michael Spolan, General Counsel and Secretary
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