-------------------------- OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response......11 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ SCHEDULE 13G/A INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) (Amendment No. 1)* THERASENSE, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK -------------------------------------------------------------------------------- (Title of Class of Securities) 883381105 -------------------------------------------------------------------------------- (CUSIP Number) 12/31/02 -------------------------------------------------------------------------------- (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) Page 1 of 17 pages CUSIP No. 883381105 Page 2 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SEQUOIA CAPITAL VII, A CALIFORNIA LIMITED PARTNERSHIP ("SC VII") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 94-3240153 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 3 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SEQUOIA TECHNOLOGY PARTNERS VII, A CALIFORNIA LIMITED PARTNERSHIP ("STP VII") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 77-0428059 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 4 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SEQUOIA INTERNATIONAL PARTNERS, A CALIFORNIA LIMITED PARTNERSHIP ("SIP") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 94-3260980 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 5 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SC VII MANAGEMENT-A, LLC ("SC VII-A") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 94-3240154 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 6 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SEQUOIA CAPITAL FRANCHISE FUND, L.P. ("SCFF") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 94-3324307 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 517,647 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 517,647 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 517,647 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.3% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 7 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SEQUOIA CAPITAL FRANCHISE PARTNERS, L.P. ("SCFP") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 94-3330616 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 70,588 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 70,588 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 70,588 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.2% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 8 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS SCFF MANAGEMENT, LLC ("SCFF LLC") I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 94-3324306 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 588,235 shares of which 517,647 OWNED BY shares are directly held by SCFF EACH and 70,588 shares are directly REPORTING held by SCFP. SCFF LLC is the PERSON General Partner of SCFF and SCFP. WITH -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 588,235 shares of which 517,647 shares are directly held by SCFF and 70,588 shares are directly held by SCFP. SCFF LLC is the General Partner of SCFF and SCFP. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 588,235 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.4% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 9 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS MICHAEL MORITZ I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 75,012 -------------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF 588,235 shares of which 517,647 shares are directly held SHARES by SCFF and 70,588 shares are directly held by SCFP. Mr. BENEFICIALLY Moritz is a Managing Member of SCFF LLC. Mr. Moritz OWNED BY disclaims beneficial ownership of all such shares except EACH to the extent of his individual pecuniary interest REPORTING therein. PERSON -------------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 75,012 -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 588,235 shares of which 517,647 shares are directly held by SCFF and 70,588 shares are directly held by SCFP. Mr. Moritz is a Managing Member of SCFF LLC. Mr. Moritz disclaims beneficial ownership of all such shares except to the extent of his individual pecuniary interest therein. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 663,247 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 10 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS DOUGLAS LEONE I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 60,067 -------------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES 588,235 shares of which 517,647 shares are directly held BENEFICIALLY by SCFF and 70,588 shares are directly held by SCFP. Mr. OWNED BY Leone is a Managing Member of SCFF LLC. Mr. Leone EACH disclaims beneficial ownership of all such shares except REPORTING to the extent of his individual pecuniary interest PERSON therein. WITH -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 60,067 -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 588,235 shares of which 517,647 shares are directly held by SCFF and 70,588 shares are directly held by SCFP. Mr. Leone is a Managing Member of SCFF LLC. Mr. Leone disclaims beneficial ownership of all such shares except to the extent of his individual pecuniary interest therein. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 648,302 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 11 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS MARK STEVENS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 61,868 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 588,235 shares of which 517,647 shares are directly held OWNED BY by SCFF and 70,588 shares are directly held by SCFP. Mr. EACH Stevens is a Managing Member of SCFF LLC. Mr. Stevens REPORTING disclaims beneficial ownership of all such shares except PERSON to the extent of his individual pecuniary interest WITH therein. -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 61,868 -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 588,235 shares of which 517,647 shares are directly held by SCFF and 70,588 shares are directly held by SCFP. Mr. Stevens is a Managing Member of SCFF LLC. Mr. Stevens disclaims beneficial ownership of all such shares except to the extent of his individual pecuniary interest therein. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 650,103 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.6% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 12 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS THOMAS F. STEPHENSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 53,120 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 53,120 WITH -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 53,120 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.1% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 13 of 17 Pages -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS MICHAEL GOGUEN I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 -------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 588,235 shares of which 517,647 shares are directly held OWNED BY by SCFF and 70,588 shares are directly held by SCFP. Mr. EACH Goguen is a Managing Member of SCFF LLC. Mr. Goguen REPORTING disclaims beneficial ownership of all such shares except PERSON to the extent of his individual pecuniary interest WITH therein. -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 588,235 shares of which 517,647 shares are directly held by SCFF and 70,588 shares are directly held by SCFP. Mr. Goguen is a Managing Member of SCFF LLC. Mr. Goguen disclaims beneficial ownership of all such shares except to the extent of his individual pecuniary interest therein. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 588,235 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.4% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! CUSIP No. 883381105 Page 14 of 17 Pages -------------------------------------------------------------------------------- ITEM 1. (a) Name of Issuer: Therasense, Inc. (b) Address of Issuer's Principal Executive Offices: 1360 South Loop Road Alameda, CA 94502 ITEM 2. (a) Name of Persons Filing: Sequoia Capital VII, a California Limited Partnership Sequoia Technology Partners VII, a California Limited Partnership Sequoia International Partners, a California Limited Partnership SC VII Management-A, LLC Sequoia Capital Franchise Fund, L.P. Sequoia Capital Franchise Partners, L.P. SCFF Management, LLC Michael Moritz ("MM") Douglas Leone ("DL") Mark Stevens ("MS") Thomas F. Stephenson ("TFS") Michael Goguen ("MG") SC VII-A is the General Partner of SC VII, STP VII and SIP. MM, DL, MS and TFS are Managing Members of SC VII-A. SCFF LLC is the General Partner of SCFF and SCFP. MM, DL, MS and MG are Managing Members of SCFF LLC. TFS is a Non-Managing Member of SCFF LLC. (b) Address of Principal Business Office or, if none, Residence: 3000 Sand Hill Road, 4-180 Menlo Park, CA 94025 (c) Citizenship: MM, DL, MS, TFS, MG: USA SC VII-A, SC VII, STP VII, SIP: California SCFF LLC, SCFF, SCFP: Delaware (d) Title of Class of Securities: Common (e) CUSIP Number: 883381105 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: NOT APPLICABLE CUSIP No. 883381105 Page 15 of 17 Pages -------------------------------------------------------------------------------- ITEM 4. Ownership SEE ROWS 5 THROUGH 11 OF COVER PAGES 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 ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON 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 NOT APPLICABLE CUSIP No. 883381105 Page 16 of 17 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. Dated: February 6, 2003 Sequoia Capital VII, a California Limited Partnership Sequoia Technology Partners VII, a California Limited Partnership Sequoia Capital Franchise Fund, L.P. Sequoia International Partners, a California Limited Partnership Sequoia Capital Franchise Partners, L.P. By: SC VII Management-A, LLC, By: SCFF Management, LLC, their General Partner their General Partner By: /s/ Michael Moritz By: /s/ Michael Moritz ------------------------------------------------ --------------------------------------- Michael Moritz, Managing Member Michael Moritz, Managing Member /s/ Michael Goguen -------------------------- Michael Goguen /s/ Douglas M. Leone -------------------------- Douglas M. Leone /s/ Michael Moritz -------------------------- Michael Moritz /s/ Thomas F. Stephenson -------------------------- Thomas F. Stephenson /s/ Mark Stevens -------------------------- Mark Stevens CUSIP No. 883381105 Page 17 of 17 Pages -------------------------------------------------------------------------------- EXHIBIT 1 AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G The undersigned hereby agree that the Schedule 13G relating to shares of Therasense, Inc. to which this Agreement as to Joint Filing of Schedule 13G is attached as an exhibit is filed on behalf of each of them. Date: February 6, 2003 Sequoia Capital VII, a California Limited Partnership Sequoia Technology Partners VII, a California Limited Partnership Sequoia Capital Franchise Fund, L.P. Sequoia International Partners, a California Limited Partnership Sequoia Capital Franchise Partners, L.P. By: SC VII Management-A, LLC, By: SCFF Management, LLC, their General Partner their General Partner By: /s/ Michael Moritz By: /s/ Michael Moritz ------------------------------------------------ -------------------------------------- Michael Moritz, Managing Member Michael Moritz, Managing Member /s/ Michael Goguen -------------------------- Michael Goguen /s/ Douglas M. Leone -------------------------- Douglas M. Leone /s/ Michael Moritz -------------------------- Michael Moritz /s/ Thomas F. Stephenson -------------------------- Thomas F. Stephenson /s/ Mark Stevens -------------------------- Mark Stevens