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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Omnicell, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.001 par value
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(Title of Class of Securities)
68213N109
-------------------------------------------------------------------
(CUSIP Number)
November 8, 2002
-------------------------------------------------------------------
(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)
*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 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 1 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ABS Capital Partners III, L.P.
06-1529414
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0 shares
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,660,872 shares
---------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
---------------------------------------------------------
WITH: 8 SHARED DISPOSITIVE POWER
2,660,872 shares
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,660,872 shares
--------------------------------------------------------------------------------
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)
12.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 2 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ABS Capital Partners III, L.P.
06-1529413
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,660,872 shares
---------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
---------------------------------------------------------
WITH: 8 SHARED DISPOSITIVE POWER
2,660,872 shares
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,660,872 shares
--------------------------------------------------------------------------------
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)
12.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 3 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Donald B. Hebb, Jr.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,660,872 shares
---------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
---------------------------------------------------------
WITH: 8 SHARED DISPOSITIVE POWER
2,660,872 shares
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,660,872 shares
--------------------------------------------------------------------------------
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)
12.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 4 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Timothy T. Weglicki
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,660,872 shares
---------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
---------------------------------------------------------
WITH: 8 SHARED DISPOSITIVE POWER
2,660,872 shares
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,660,872 shares
--------------------------------------------------------------------------------
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)
12.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 5 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
John D. Stobo, Jr.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0 shares
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,660,872 shares
---------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
---------------------------------------------------------
WITH: 8 SHARED DISPOSITIVE POWER
2,660,872 shares
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,660,872 shares
--------------------------------------------------------------------------------
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)
12.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
--------------------------------------------------------------------------------
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 6 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
Item 1(a) Name of Issuer:
--------- --------------
Omnicell, Inc.
(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1101 East Meadow Drive
Palo Alto, CA 94303
Item 2(a): Item 2(b): Item 2(c):
--------- -------- ---------
Name of Persons Filing: Address: Citizenship or Place of Organization:
---------------------- ------- ------------------------------------
ABS Capital Partners III, L.P. 400 East Pratt Street, Suite 910 Delaware
("ABS Capital"), a Delaware Baltimore, MD 21202
limited partnership
ABS Partners III, L.L.C. 400 East Pratt Street, Suite 910 Delaware
("ABS Partners"), a Delaware limited Baltimore, MD 21202
liability corporation and the sole
general partner of ABS Capital
Donald B. Hebb, Jr., 400 East Pratt Street, Suite 910 United States
Timothy T. Weglicki, Baltimore, MD 21202
John D. Stobo, Jr.; members
of ABS Partners (the "Managing
Members")
Item 2(d): Title of Class of Securities:
--------- ----------------------------
Common stock, par value $.001 per share
Item 2(e): CUSIP Number:
--------- ------------
68213N109
Item 3: Capacity in Which Person is Filing if Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b):
------ ----------------------------------------------------------------------------------------------
Not applicable.
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 7 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
Item 4: Ownership:
------ ---------
(a) Amount Beneficially Owned:
ABS Capital beneficially owns 2,660,872 shares (the "Shares")
of common stock as of November 8, 2002. ABS Capital has the
power to vote or direct the disposition of all of the Shares.
Such power is exercised through ABS Partners as the sole
general partner of ABS Capital. ABS Partners, as the general
partner of ABS Capital, may be deemed to beneficially own the
Shares. The Managing Members have the power over all voting
and investment decisions of ABS Partners and therefore may be
deemed to share beneficial ownership of the Shares. Each of
the Managing Members and ABS Partners expressly disclaims
beneficial ownership of the Shares.
(b) Percent of class:
The Shares represent 12.2% of the outstanding common stock
(based on 21,893,637 shares of common stock outstanding as of
June 30, 2002.)
(c) Number of shares to which such person has:
(i) Sole power to vote or to direct the vote:
Each of ABS Capital, ABS Partners and each of the
Managing Members has sole power to vote or to direct
the vote of 0 shares.
(ii) Shared power to vote or to direct the vote:
ABS Capital, ABS Partners and each of the Managing
Members have shared power to vote or direct the vote
of 2,660,872 shares.
(iii) Sole power to dispose or to direct the disposition of:
Each of ABS Capital, ABS Partners and each of the
Managing Members has sole power to dispose or to
direct the disposition of 0 shares.
(iv) Shared power to dispose or to direct the disposition
of:
ABS Capital, ABS Partners and each of the Managing
Members have shared power to dispose or to direct the
disposition of 2,660,872 shares.
Item 5: Ownership of Five Percent or Less of Class:
------ ------------------------------------------
Not applicable.
SCHEDULE 13G
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 8 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
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:
------ ---------------------------------------------------------
Not applicable.
Item 9: Notice of Dissolution of 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 that purpose or effect.
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 9 of 11 Pages
------------------ --- ----
------------------------------ -----------------------------
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. We also hereby agree to file this statement jointly pursuant to the
Agreement listed on Exhibit 1 hereto.
Date: November 11, 2002
ABS CAPITAL PARTNERS III, L.P.
By: ABS Partners III, L.L.C.
By: *
-----------------------------------
General Partner
ABS PARTNERS III, L.L.C.
By: *
-----------------------------------
General Partner
By: *
-----------------------------------
Donald B. Hebb, Jr.
By: *
-----------------------------------
Timothy T. Weglicki
By: *
-----------------------------------
John D. Stobo, Jr.
* The undersigned attorney-in-fact, by signing her name below, does hereby sign
this statement on behalf of the above indicated filers pursuant to Powers of
Attorney filed hereto as Exhibit 2.
By: /s/ Charles Dieveney
----------------------------------
Charles Dieveney
Attorney-in-Fact
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 10 of 11 Pages
------------------ ---- ----
------------------------------ -----------------------------
Exhibit 1
AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13G need be filed on behalf of all of the undersigned with
respect to the ownership of shares of common stock of Omnicell, Inc. by ABS
Capital Partners III, L.P.
This agreement may be executed in any number of counterparts, each of
which shall be deemed an original.
EXECUTED as a sealed instrument this 12th day of November, 2002.
ABS CAPITAL PARTNERS III, L.P.
By: ABS Partners III, L.L.C.
By: *
------------------------------------
General Partner
ABS PARTNERS III, L.L.C.
By: *
------------------------------------
General Partner
By: *
------------------------------------
Donald B. Hebb, Jr.
By: *
------------------------------------
Timothy T. Weglicki
By: *
------------------------------------
John D. Stobo, Jr.
* The undersigned attorney-in-fact, by signing her name below, does hereby sign
this statement on behalf of the above indicated filers pursuant to Powers of
Attorney filed hereto as Exhibit 2.
By: /s/ Charles Dieveney
-----------------------------------
Charles Dieveney
Attorney-in-Fact
------------------------------ -----------------------------
CUSIP No. 68213N109 Page 11 of 11 Pages
------------------ ---- ----
------------------------------ -----------------------------
Exhibit 2
POWER OF ATTORNEY
The Power of Attorney is hereby incorporated by reference from ABS
Capital's Schedule 13G filed with the Securities and Exchange Commission on
February 11, 2002.