SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Amendment No. 3)
Under the Securities Exchange Act of 1934
Mission West Properties, Inc.
-----------------------------
(Name of Issuer)
Common Stock, $0.001 par value
------------------------------
(Title of Class of Securities)
605203108
---------
(CUSIP Number)
December 31, 2003
-----------------
(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)
* 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. 605203108 Page 2 of 10 Pages
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1) Name of Reporting Person
Carl E. Berg
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X] (b) [ ]
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3) SEC Use Only
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4) Citizenship or Place of Organization USA
--------- ----------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
----------------------------------------------------
Beneficially Owned 6) Shared Voting Power 78,364,716
----------------------------------------------------
by Each Reporting 7) Sole Dispositive Power 0
----------------------------------------------------
Person with: 8) Shared Dispositive Power 78,364,716
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9) Aggregate Amount Beneficially Owned by Each Reporting Person
44,777,310
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [X]
(See Instructions)
--------- ----------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9)
71.4 % *
--------- ----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions)
IN
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* See Items 4. and 8., below
- 2 -
CUSIP No. 605203108 Page 3 of 10 Pages
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--------- ----------------------------------------------------------------------
1) Name of Reporting Person
Clyde J. Berg
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X] (b) [ ]
--------- ----------------------------------------------------------------------
3) SEC Use Only
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4) Citizenship or Place of Organization USA
--------- ----------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
----------------------------------------------------
Beneficially Owned 6) Shared Voting Power 78,364,716
----------------------------------------------------
by Each Reporting 7) Sole Dispositive Power 0
----------------------------------------------------
Person with: 8) Shared Dispositive Power 78,364,716
--------- ----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person
44,376,789
--------- ----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [X]
(See Instructions)
--------- ----------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9)
71.3 % *
--------- ----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions)
IN
--------- ----------------------------------------------------------------------
* See Items 4. and 8., below
- 3 -
CUSIP No. 605203108 Page 4 of 10 Pages
------------------- ------------------
--------- ----------------------------------------------------------------------
1) Name of Reporting Person Berg & Berg Enterprises, Inc.
--------- ----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X] (b) [ ]
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3) SEC Use Only
--------- ----------------------------------------------------------------------
4) Citizenship or Place of Organization
California
--------- ----------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
----------------------------------------------------
Beneficially Owned 6) Shared Voting Power 78,364,716
----------------------------------------------------
by Each Reporting 7) Sole Dispositive Power 0
----------------------------------------------------
Person with: 8) Shared Dispositive Power 78,364,716
--------- ----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person
10,789,383
--------- ----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [X]
(See Instructions)
--------- ----------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9)
37.6 % *
--------- ----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions)
CO
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* See Items 4. and 8., below
- 4 -
CUSIP No. 605203108 Page 5 of 10 Pages
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--------- ----------------------------------------------------------------------
1) Name of Reporting Person
1981 Kara Ann Berg Trust, Clyde J. Berg, Trustee
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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 USA
--------- ----------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
----------------------------------------------------
Beneficially Owned 6) Shared Voting Power 78,364,716
----------------------------------------------------
by Each Reporting 7) Sole Dispositive Power 0
----------------------------------------------------
Person with: 8) Shared Dispositive Power 78,364,716
--------- ----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person
13,252,925
--------- ----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [X]
(See Instructions)
--------- ----------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9)
42.5 % *
--------- ----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions)
IN
--------- ----------------------------------------------------------------------
* See Items 4. and 8., below
- 5 -
CUSIP No. 605203108 Page 6 of 10 Pages
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--------- ----------------------------------------------------------------------
1) Name of Reporting Person
Carl Berg's Child's Trust, Clyde J. Berg, Trustee
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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 USA
--------- ----------------------------------------------------------------------
---------------------------
Number of Shares 5) Sole Voting Power 0
----------------------------------------------------
Beneficially Owned 6) Shared Voting Power 78,364,716
----------------------------------------------------
by Each Reporting 7) Sole Dispositive Power 0
----------------------------------------------------
Person with: 8) Shared Dispositive Power 78,364,716
--------- ----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person 898,319
--------- ----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares |X|
(See Instructions)
--------- ----------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9)
4.8 % *
--------- ----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions)
IN
--------- ----------------------------------------------------------------------
* See Items 4. and 8., below
- 6 -
CUSIP No. 605203108 Page 7 of 10 Pages
------------------- ------------------
--------- ----------------------------------------------------------------------
1) Name of Reporting Person
Berg & Berg Enterprises, LLC
--------- ----------------------------------------------------------------------
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 USA
--------- ----------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
----------------------------------------------------
Beneficially Owned 6) Shared Voting Power 78,364,716
----------------------------------------------------
by Each Reporting 7) Sole Dispositive Power 0
----------------------------------------------------
Person with: 8) Shared Dispositive Power 78,364,716
--------- ----------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person 196,428
--------- ----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [X]
Not applicable.
(See Instructions)
--------- ----------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row (9) Less then 1 % *
--------- ----------------------------------------------------------------------
12) Type of Reporting Person (See Instructions)
PN
--------- ----------------------------------------------------------------------
* See Items 4. and 8., below
- 7 -
CUSIP No. 605203108 Page 8 of 10 Pages
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Item 1. (a) The name of the issuer is Mission West Properties, Inc. (the
"Company").
(b) The principal executive offices of the Company are located at
10050 Bandley Drive, Cupertino, California 95014.
Item 2. Each reporting person and the citizenship or place or organization of
the reporting person are identified on the cover page or cover page
addenda and are incorporated by reference in response to this item.
The address of the principal business office of each reporting person
is 10050 Bandley Drive, Cupertino, California 95014.
The title of class of securities and CUSIP number for the equity
securities covered by this report are incorporated by reference from
the cover page in response to this item.
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:
This statement is being filed pursuant to 13d-1(d).
Item 4. Ownership.
The Company had 17,894,691 shares of Common Stock outstanding as of
December 31, 2003.
Regarding the beneficial ownership of each reporting person, reference
is made to Item 4. of the cover page addendum for each reporting
person and to Item 8., below. The beneficial ownership of shares of
Common Stock by any reporting person is based on such reporting
person's right to exchange O.P. Units for shares of Common Stock upon
certain conditions under an exchange rights agreement with the
Company.
The reporting persons constitute a group because under the Company's
charter and certain agreements among the Company, the reporting
persons and other parties, the ownership interests of the reporting
persons taking into account the shares of the Common Stock that would
be issued upon the exchange of O.P. Units for shares of Common Stock,
are aggregated in determining whether the issuer is subject to certain
restrictions based on such ownership, including:
- the required nomination of two representatives of the reporting
persons to the Company's board of directors
- whether the approval of the reporting person's board
representative of certain actions by the board of directors is
required
- the approval of a sale of substantially all of the assets of the
operating partnerships
- 8 -
In addition, the Company's charter and such agreements limit the
number of shares that can be held at any one time by the reporting
persons in the aggregate to the lesser of 20% of the outstanding
Common Stock and the maximum percentage that individual shareholders
can own, directly or indirectly, under applicable REIT ownership
limits contained in the Internal Revenue Code. Consequently, each of
the reporting persons disclaims beneficial ownership of all shares of
Common Stock in excess of the maximum number of shares that such
reporting person currently has the right to acquire, taking into
account these ownership restrictions.
Furthermore, each reporting person disclaims beneficial ownership of
shares that could be acquired upon the exchange of O.P. Units as to
which such reporting person has no pecuniary interest.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
See responses in Item 4 above and Item 8 below.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company or Control
Person.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
This schedule is filed pursuant to Rule 13d-1(d). The responses to
Items 2(a)-(c) identify each of the persons filing this statement. See
Exhibit 99.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
- 9 -
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: January 15, 2004
/s/ Carl E. Berg /s/ Clyde J. Berg
----------------------------------- -----------------------------------
Carl E. Berg, as an individual, Clyde J. Berg
an officer of Berg & Berg Enterprises, Signing for himself as an individual,
Inc., and manager of Berg & Berg as sole trustee of 1981 Kara Ann Berg
Enterprises, LLC Trust, and as sole trustee of the
Carl Berg Child's Trust
- 10 -
EXHIBIT 99.1
SCHEDULE OF GROUP MEMBERS
Convertible O.P. Units and
O.P. Unit Holder Common Stock (1)
-------------------------------- --------------------------------
Carl E. Berg (2) 33,791,499
-------------------------------- --------------------------------
Clyde J. Berg (3) 19,436,162
-------------------------------- --------------------------------
Berg & Berg Enterprises, Inc (2) (3) 10,789,383
-------------------------------- --------------------------------
Berg & Berg Enterprises, LLC (2) 196,428
-------------------------------- --------------------------------
Carl Berg Child's Trust (3) 898,319
-------------------------------- --------------------------------
1981 Kara Ann Berg Trust (3) 13,252,925
-------------------------------- --------------------------------
TOTAL 78,364,716
(1) Includes O.P. Units and Common Stock held of record by the group member.
(2) These group members may be considered under common control.
(3) These group members may be considered under common control.
EXHIBIT 99.2
JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) of the Securities and Exchange Commission
under the Securities Exchange Act of 1934, each of the parties hereto agrees
that the statement on Schedule 13G (including all amendments thereto) with
respect to the beneficial ownership of Common Stock of Mission West Properties,
Inc. to which this agreement is attached as an exhibit, is filed by and on
behalf of each such person and that any amendments thereto will be filed on
behalf of each such person.
January 15, 2004
/s/ Carl E. Berg /s/ Clyde J. Berg
----------------------------------- -----------------------------------
Carl E. Berg, as an individual, Clyde J. Berg
an officer of Berg & Berg Enterprises, Signing for himself as an individual,
Inc., and manager of Berg & Berg as sole trustee of 1981 Kara Ann Berg
Enterprises, LLC Trust, and as sole trustee of the
Carl Berg Child's Trust