SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NORWEST VENTURE PARTNERS VIII LP

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
OCCAM NETWORKS INC/DE [ OCCM.OB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/07/2006 S 304,718 D $13.23 36,568,061 D ( 1 ) ( 3 )
Common Stock 11/07/2006 S 15,282 D $13.23 1,815,975 I By limited partnership ( 2 ) ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
NORWEST VENTURE PARTNERS VIII LP

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
ITSACA VC PATNERS VIII LLP

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
HAQUE PROMOD

(Last) (First) (Middle)
C/O NORWEST VENTURE PARTNERS
525 UNIVERSITY AVENUE, SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
STILL GEORGE J JR

(Last) (First) (Middle)
C/O NORWEST VENTURE PARTNERS
525 UNIVERSITY AVENUE, SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
ABBOTT ROBERT B

(Last) (First) (Middle)
C/O NORWEST VENTURE PARTNERS
525 UNIVERSITY AVENUE, SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
WHALEY JOHN P

(Last) (First) (Middle)
3600 IDS CENTER
80 S. EIGHTH STREET

(Street)
MINNEAPOLIS MN 94301

(City) (State) (Zip)
Explanation of Responses:
1. Norwest Venture Partners VIII, LP, a Minnesota limited partnership ("NVP VIII") is the record owner of the securities listed on Line 1 of Table I. With respect to the reporting persons named in this Form 4, Itasca VC Partners VIII, LLP ("Itasca VC Parnters VIII") is the general partner of NVP VIII; Promod Haque and George J. Still, Jr. are the managing general partners; and John P. Whaley is the managing administrative partner. As a result, Itasca VC Partners VIII and Messrs. Haque, Still, and Whaley may be deemed to beneficially own the securities held by NVP VIII. Each of Itasca VC Partners VIII and Messrs. Haque, Still, and Whaley disclaim beneficial ownership of such securities, except to the extent of its or his indirect penuniary interest therein.
2. The securities listed on Line 2 of Table I are held of record by NVP Entrepreneurs Fund VIII, L.P., a Delaware limited partnership ("NVP-E VIII"), whose general partner is Itasca VC Partners VIII. Promod Haque and George J. Still, Jr. are the managing partners, and John P. Whaley is the managing administrative partner of Itasca VC Partners VIII. As a result, Itasca VC Partners VIII and Messrs. Haque, Still, and Whaley may be deemed to beneficially own the securities held by NVP-E VIII. Each of Itasca VC Partners VIII and Messrs. Haque, Still, and Whaley disclaim beneficial ownership of such securities, except to the extent of his indirect penuniary interest therein.
3. Robert B. Abbott is a director of Occam Networks, Inc. and a non-managing partner of Itasca VC Partners VIII, the general partner of NVP VIII, the record holder of the securities reported on Line 1 of Table I. Mr. Abbott is also a non-managing partner of Itasca VC Partners VIII, the general partner of NVP-E VIII, the record holder of the securities reported on Line 2 of Table I. Information with respect to the securities held by NVP VIII and NVP-E VIII are reported on Lines 1 and 2 of Table I for the individual managing partners of each such entity who are named in this joint filing on Form 4. As a non-managing partner, Mr. Abbott has no voting or invstment authority with respect to any securities held of record by NVP VIII and NVP-E VIII, and thus is not deemed to beneficially own such securities, except to the extent of his indirect pecuniary interest therein.
Remarks:
Kurt L. Betcher, Authorized Signer of Itasca VC Partners VIII, LLP, for itself and as General Partner of Norwest Venture Partners VIII, LP 11/09/2006
George J. Still, Jr. 11/09/2006
Promod Haque, by Kurt L. Betcher, His Attorney-In-Fact 11/09/2006
Robert B. Abbott 11/09/2006
John P. Whaley 11/09/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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