UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934*
MANUGISTICS GROUP, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $0.002 Par Value
--------------------------------------------------------------------------------
(Title of Class of Securities)
565011103
--------------------------------------------------------------------------------
(CUSIP Number)
Scott A. Arenare, Esq.
Managing Director and General Counsel
Warburg Pincus LLC
466 Lexington Avenue
New York, New York 10017
(212) 878-0600
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copies to:
Steven J. Gartner, Esq.
Willkie Farr & Gallagher
787 Seventh Avenue
New York, NY 10019-6099
(212) 728-8000
August 21, 2002
--------------------------------------------------------------------------------
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 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 Rule 240.13d-7 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).
SCHEDULE 13D
-------------------
CUSIP No. 565011103
-------------------
----------- --------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION
Warburg Pincus Private Equity VIII, L.P. I.R.S. #13-4161869
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
----------- --------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,153,800
OWNED BY EACH --------- ------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,153,800
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,153,800
----------- --------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
----------- --------------------------------------------------------------------
SCHEDULE 13D
-------------------
CUSIP No. 565011103
-------------------
----------- --------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Warburg, Pincus & Co. I.R.S. #13-6358475
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
N/A
----------- --------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,153,800
OWNED BY EACH --------- ------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,153,800
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,153,800
----------- --------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN
----------- --------------------------------------------------------------------
SCHEDULE 13D
-------------------
CUSIP No. 565011103
-------------------
----------- --------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Warburg Pincus LLC I.R.S. #13-3536050
----------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [X]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
N/A
----------- --------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
----------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,153,800
OWNED BY EACH --------- ------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,153,800
---------- ---------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,153,800
----------- --------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.95%
---------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
OO
---------- ---------------------------------------------------------------------
This Schedule 13D is being filed on behalf of Warburg Pincus Private Equity
VIII, L.P., a Delaware limited partnership ("WP VIII"), Warburg Pincus LLC, a
New York limited liability company ("WP LLC"), and Warburg, Pincus & Co., a New
York general partnership ("WP," and together with WP VIII and WP LLC, the
"Reporting Persons"). The holdings of the Reporting Persons indicated in this
Schedule 13D include the holdings of Warburg Pincus Netherlands Private Equity
VIII C.V. I ("WPNPE VIII I"), Warburg Pincus Netherlands Private Equity VIII
C.V. II ("WPNPE VIII II") and Warburg Pincus Germany Private Equity VIII KG
("WPGPE VIII", and together with WP VIII, WPNPE VIII I and WPNPE VIII II, the
"Investors"). WP, WP LLC and the Investors are referred to in this Schedule 13D
as the "Group Members".
The Group Members are making this single, joint filing because they may be
deemed to constitute a "group" within the meaning of Section 13(d)(3) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"). The agreement
among the Group Members to file jointly (the "Joint Filing Agreement") is
attached hereto as Exhibit 1. Unless the context otherwise requires, references
herein to the "Common Stock" are to shares of common stock, par value $0.002 per
share of Manugistics Group, Inc., a Delaware corporation (the "Company"). Each
Group Member disclaims beneficial ownership of all shares of Common Stock, other
than those reported herein as being owned by it.
Item 1. Security and Issuer.
This statement on Schedule 13D relates to the Common Stock, and is being
filed pursuant to Rule 13d-1 of the Exchange Act. The address of the principal
executive offices of the Company is 9715 Key West Avenue, Rockville, Maryland
20850.
Item 2. Identity and Background.
(a) This statement is filed by the Group Members. The Group Members are
deemed to be a group within the meaning of Rule 13d-5. The sole general partner
of each Investor is WP. WP LLC manages each Investor. Lionel I. Pincus is the
managing partner of WP and the managing member of WP LLC and may be deemed to
control both WP and WP LLC. The general partners of WP and the members of WP
LLC, and their respective business addresses and principal occupations, are set
forth on Schedule I hereto.
(b) The address of the principal business and principal office of each of
the Group Members is c/o 466 Lexington Avenue, New York, New York 10017.
(c) The principal business of each Investor is that of making private
equity and related investments. The principal business of WP is acting as
general partner of each of the Investors and certain other private equity funds.
The principal business of WP LLC is acting as manager of each of the Investors
and certain other private equity funds.
(d) None of the Group Members, nor, to the best of their knowledge, any of
the directors, executive officers, control persons, general partners or members
referred to in paragraph (a) above has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) None of the Group Members, nor, to the best of their knowledge, any of
the directors, executive officers, control persons, general partners or members
referred to in paragraphs (a) and (d) above has, during the last five years,
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
(f) Each of WPNPE VIII I and WPNPE VIII II is organized under the laws of
the Netherlands. WPGPE VIII is organized under the laws of Germany. Except as
otherwise indicated above or on Schedule I hereto, each of the individuals
referred to in paragraphs (a) and (d) above is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
The total amount of funds used by each Investor to purchase the shares of
Common Stock as described herein was furnished from the working capital of such
Investor. The total amount of funds used by the Investors to purchase shares of
Common Stock was $14,458,891, net of brokerage commissions.
Item 4. Purpose of Transaction.
The purchase by the Investors of beneficial ownership of the shares of
Common Stock as described herein was effected because of the Reporting Persons'
belief that the Company represents an attractive investment based on the
Company's business prospects and strategy. Depending on prevailing market,
economic and other conditions, the Reporting Persons may from time to time
acquire additional securities of the Company, engage in discussions with the
Company concerning further acquisitions of securities of the Company or
otherwise invest in the Company or one or more of its subsidiaries. The
Reporting Persons intend to review their investment in the Company on a
continuing basis and, depending upon the price and availability of the Company's
securities, subsequent developments concerning the Company, the Company's
business and prospects, other investment and business opportunities available to
the Reporting Persons, general stock market and economic conditions, tax
considerations and other
factors considered relevant, may decide at any time to increase or decrease the
size of their investment in the Company or to sell any or all of the securities
of the Company that they hold.
Each of the Investors is a partnership engaged in making private equity and
related investments. In connection with that business, the Reporting Persons
frequently seek to make significant investments in the entities in which they
invest. The Reporting Persons have followed the Company and the industry for
many years and are supportive of the management team and its strategy. The
Reporting Persons may in the future seek to engage in discussions with
management of the Company concerning the possibility of a representative of the
Reporting Persons becoming a member of the board of directors of the Company
and/or concerning potential investments by the Reporting Persons in securities
of the Company and/or its subsidiaries. Such discussions may relate to one or
more the transactions specified in clauses (a) through (j) of Item 4 of Schedule
13D.
Other than as set forth above, none of the Reporting Persons has any
present plans or proposals which relate to or would result in any transaction,
change or event specified in clauses (a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) Due to their respective relationships with the Investors and each
other, each of the Reporting Persons may be deemed to beneficially own an
aggregate of 4,153,800 shares of Common Stock as of August 29, 2002, by virtue
of the Investors' ownership of such shares as of such date. The 4,153,800 shares
of Common Stock which the Reporting Persons may be deemed to beneficially own
represent approximately 5.95% of the 69,800,000 shares of Common Stock
outstanding as of July 8, 2002 (based on the Company's Quarterly Report on Form
10-Q for the quarter ended May 31, 2002).
(b) Each of the Investors shares the power to vote or to direct the vote
and to dispose or to direct the disposition of the 4,153,800 shares of Common
Stock it may be deemed to beneficially own as of August 29, 2002. Each of the
Reporting Persons shares with the Investors the power to vote or to direct the
vote and to dispose or to direct the disposition of the 4,153,800 shares of
Common Stock it may be deemed to beneficially own as of August 29, 2002.
(c) The Investors acquired shares of Common Stock in the open market
transactions set forth on Schedule II attached hereto. Except as described on
Schedule II, no transactions in Common Stock were effected during the last sixty
days by the Reporting Persons or any of the persons set forth on Schedules I or
in Item 2(d) hereto.
(d) Except as set forth in this Item 5, no person other than each
respective record owner referred to herein of Common Stock is known to have the
right to receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, such Common Stock.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
the Securities of the Issuer.
Pursuant to Rule 13d-1(k) promulgated under the Exchange Act, the Group
Members have entered into an agreement, attached hereto as Exhibit 1, with
respect to the joint filing of this statement and any amendment or amendments
hereto. Item 7. Material to be Filed as Exhibits
1. Joint Filing Agreement.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: August 30, 2002 WARBURG PINCUS PRIVATE EQUITY
VIII, L.P.
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Scott A. Arenare
------------------------------
Name: Scott A. Arenare
Title: Partner
Dated: August 30, 2002 WARBURG, PINCUS & CO.
By: /s/ Scott A. Arenare
------------------------------
Name: Scott A. Arenare
Title: Partner
Dated: August 30, 2002 WARBURG PINCUS LLC
By: /s/ Scott A. Arenare
------------------------------
Name: Scott A. Arenare
Title: Managing Director
Dated: August 30, 2002 WARBURG PINCUS NETHERLANDS
PRIVATE EQUITY VIII C.V. I
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Scott A. Arenare
------------------------------
Name: Scott A. Arenare
Title: Partner
Dated: August 30, 2002 WARBURG PINCUS NETHERLANDS
PRIVATE EQUITY VIII C.V. II
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Scott A. Arenare
------------------------------
Name: Scott A. Arenare
Title: Partner
Dated: August 30, 2002 WARBURG PINCUS GERMANY
PRIVATE EQUITY VIII KG
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Scott A. Arenare
------------------------------
Name: Scott A. Arenare
Title: Partner
SCHEDULE I
Set forth below is the name, position and present principal occupation of
each of the general partners of Warburg, Pincus & Co. ("WP") and members of
Warburg Pincus LLC ("WP LLC"). The sole general partner of Warburg Pincus
Private Equity VIII, L.P. ("WP VIII") is WP. WP VIII, WP, and WP LLC are
hereinafter collectively referred to as the "Reporting Entities". Except as
otherwise indicated, the business address of each of such persons is 466
Lexington Avenue, New York, New York 10017, and each of such persons is a
citizen of the United States.
GENERAL PARTNERS OF WP
----------------------
------------------------- ------------------------------------------------------
PRESENT PRINCIPAL OCCUPATION IN ADDITION
TO POSITION WITH WP, AND POSITIONS
NAME WITH THE REPORTING ENTITIES
------------------------- ------------------------------------------------------
Joel Ackerman Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Scott A. Arenare Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Gregory Back Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
David Barr Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Larry Bettino Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Harold Brown Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Sean D. Carney Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Samantha C. Chen Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Mark Colodny Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Timothy J. Curt Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
W. Bowman Cutter Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Cary J. Davis Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Stephen Distler Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Stewart K. P. Gross Partner of WP; Member and Senior Managing Director of
WP LLC
------------------------- ------------------------------------------------------
Patrick T. Hackett Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Jeffrey A. Harris Partner of WP; Member and Senior Managing Director of
WP LLC
------------------------- ------------------------------------------------------
William H. Janeway Partner of WP; Member and Vice Chairman of WP LLC
------------------------- ------------------------------------------------------
Peter R. Kagan Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Charles R. Kaye Partner of WP; Member, Co-President and Executive
Managing Director of WP LLC
------------------------- ------------------------------------------------------
Henry Kressel Partner of WP; Member and Senior Managing Director of
WP LLC
------------------------- ------------------------------------------------------
Joseph P. Landy Partner of WP; Member, Co-President and Executive
Managing Director of WP LLC
------------------------- ------------------------------------------------------
Sidney Lapidus Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Kewsong Lee Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Jonathan S. Leff Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Reuben S. Leibowitz Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
David E. Libowitz Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Nancy Martin Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Edward J. McKinley Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Rodman W. Moorhead III Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
James Neary Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Howard H. Newman Partner of WP; Member and Vice Chairman of WP LLC
------------------------- ------------------------------------------------------
Gary D. Nusbaum Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Dalip Pathak Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Lionel I. Pincus Managing Partner of WP; Managing Member and Chairman
of WP LLC
------------------------- ------------------------------------------------------
Stan Raatz Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
John D. Santoleri Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Henry B. Schacht Partner of WP; Member and Managing Director of WP LLC
(on leave of absence since October 2000)
------------------------- ------------------------------------------------------
Steven G. Schneider Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
------------------------- ------------------------------------------------------
PRESENT PRINCIPAL OCCUPATION IN ADDITION
TO POSITION WITH WP, AND POSITIONS
NAME WITH THE REPORTING ENTITIES
------------------------- ------------------------------------------------------
Mimi Strouse Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Barry Taylor Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Wayne W. Tsou Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
John L. Vogelstein Partner of WP; Member and Vice Chairman of WP LLC
------------------------- ------------------------------------------------------
John Vrolyk Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Elizabeth H. Weatherman Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
David Wenstrup Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Rosanne Zimmerman Partner of WP; Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Pincus & Co.*
------------------------- ------------------------------------------------------
NL & Co.**
------------------------- ------------------------------------------------------
---------------------
* New York limited partnership; primary activity is ownership interest in WP
and WP LLC
** New York limited partnership; primary activity is ownership interest in WP
MEMBERS OF WP LLC
-----------------
------------------------- ------------------------------------------------------
PRESENT PRINCIPAL OCCUPATION IN ADDITION
TO POSITION WITH WP LLC, AND POSITIONS
NAME WITH THE REPORTING ENTITIES
------------------------- ------------------------------------------------------
Joel Ackerman Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Scott A. Arenare Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Gregory Back Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
David Barr Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Larry Bettino Member and Managing Director of WP LLC, Partner of WP
------------------------- ------------------------------------------------------
Frank M. Brochin (1) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Harold Brown Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Sean D. Carney Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Samantha C. Chen Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Mark Colodny Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Timothy J. Curt Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
W. Bowman Cutter Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Cary J. Davis Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Stephen Distler Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Tetsuya Fukagawa (2) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Makoto Fukuhara (2) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Stewart K. P. Gross Member and Senior Managing Director of WP LLC; Partner
of WP
------------------------- ------------------------------------------------------
Alf Grunwald (3) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Patrick T. Hackett Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Jeffrey A. Harris Member and Senior Managing Director of WP LLC; Partner
of WP
------------------------- ------------------------------------------------------
Sung-Jin Hwang (4) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Roberto Italia (5) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
William H. Janeway Member and Vice Chairman of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Peter R. Kagan Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Charles R. Kaye Member, Co-President and Executive Managing Director
of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Rajesh Khanna (6) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Henry Kressel Member and Senior Managing Director of WP LLC; Partner
of WP
------------------------- ------------------------------------------------------
Rajiv B. Lall (6) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Joseph P. Landy Member, Co-President and Executive Managing Director
of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Sidney Lapidus Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Kewsong Lee Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Jonathan S. Leff Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Reuben S. Leibowitz Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
David E. Libowitz Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Nicholas J. Lowcock (7) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
John W. MacIntosh (8) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Nancy Martin Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Edward J. McKinley Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Rodman W. Moorhead III Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
James Neary Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Howard H. Newman Member and Vice Chairman of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Gary D. Nusbaum Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Dalip Pathak Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Lionel I. Pincus Managing Member and Chairman of WP LLC; Managing
Partner of WP
------------------------- ------------------------------------------------------
Pulak Chandan Prasad (6) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Stan Raatz Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
John D. Santoleri Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Henry B. Schacht Member and Managing Director of WP LLC; Partner of WP
(on leave of absence since October 2000)
------------------------- ------------------------------------------------------
MEMBERS OF WP LLC (continued)
-----------------------------
------------------------- ------------------------------------------------------
PRESENT PRINCIPAL OCCUPATION IN ADDITION
TO POSITION WITH WP LLC, AND POSITIONS
NAME WITH THE REPORTING ENTITIES
------------------------- ------------------------------------------------------
Steven G. Schneider Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Joseph C. Schull (8) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Melchior Stahl (3) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Mimi Strouse Member and Managing Director of WP LLC, Partner of WP
------------------------- ------------------------------------------------------
Chang Q. Sun (9) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Barry Taylor Member and Managing Director of WP LLC, Partner of WP
------------------------- ------------------------------------------------------
Wayne W. Tsou Member and Managing Director of WP LLC, Partner of WP
------------------------- ------------------------------------------------------
John L. Vogelstein Member and Vice Chairman of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
John R. Vrolyk Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Elizabeth H. Weatherman Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
David Wenstrup Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Jeremy S. Young (7) Member and Managing Director of WP LLC
------------------------- ------------------------------------------------------
Rosanne Zimmerman Member and Managing Director of WP LLC; Partner of WP
------------------------- ------------------------------------------------------
Pincus & Co.*
------------------------- ------------------------------------------------------
(1) Citizen of France
(2) Citizen of Japan
(3) Citizen of Germany
(4) Citizen of Korea
(5) Citizen of Italy
(6) Citizen of India
(7) Citizen of United Kingdom
(8) Citizen of Canada
(9) Citizen of China
* New York limited partnership; primary activity is ownership interest in WP and
WP LLC
SCHEDULE II
Total Cost
Date # of Shares Per Share Price (net of brokerage commissions)
--------- ----------- --------------- ------------------------------
7/29/2002 25,000 $3.8496 $96,240
7/30/2002 36,600 $3.9241 $143,622
7/31/2002 150,000 $4.1069 $616,035
8/1/2002 278,600 $3.7632 $1,048,428
8/2/2002 331,800 $3.3781 $1,120,854
8/5/2002 370,000 $3.2325 $1,196,025
8/6/2002 171,800 $3.4313 $589,497
8/7/2002 432,000 $3.4801 $1,503,403
8/8/2002 125,000 $3.5580 $444,750
8/9/2002 129,100 $3.5369 $456,614
8/12/2002 32,800 $3.4969 $114,698
8/13/2002 27,000 $3.5052 $94,640
8/14/2002 400,000 $2.8791 $1,151,640
8/15/2002 218,500 $3.1401 $686,112
8/16/2002 271,800 $3.1388 $853,126
8/19/2002 100,300 $3.1858 $319,536
8/20/2002 200,000 $3.6667 $733,340
8/21/2002 269,700 $3.8814 $1,046,814
8/22/2002 41,100 $3.8917 $159,949
8/23/2002 35,200 $3.8283 $134,756
8/26/2002 26,500 $3.9089 $103,586
8/27/2002 127,400 $3.9633 $504,924
8/28/2002 102,200 $3.6351 $371,507
8/29/2002 251,400 $3.8536 $968,795
--------- ----------- --------------- ------------------------------
TOTAL 4,153,800 $14,458,891
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Exhibit Index
Exhibit 1. Joint Filing Agreement.