UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 NAME OF ISSUER HERCULES TECHNOLOGY GROWTH TITLE OF CLASS OF SECURITIES Common CUSIP NUMBER 427096508 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 the disclosures provided in a prior cover page. 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). Page 1 of 9 Pages 13G CUSIP No. 427096508 Page 2 of 9 Pages - ------------------------------------------------------------------------------ 1. Name of reporting person S.S. or I.R.S. identification no. of above person Putnam, LLC. d/b/a/ Putnam Investments 36-4488942 - ------------------------------------------------------------------------------ 2. Check the appropriate box if a member of a group* (a)( ) (b)( ) - ------------------------------------------------------------------------------ 3. SEC use only - ------------------------------------------------------------------------------ 4. Citizenship or place of organization Delaware - ------------------------------------------------------------------------------ 5. Sole Voting Power NONE Number of shares ) ----------------------------- Beneficially ) 6. Shared Voting Power owned by each ) 617016 Reporting ) Person with: ) ----------------------------- 7. Sole Dispositive Power NONE ----------------------------- 8. Shared Dispositive Power 1748821 - ------------------------------------------------------------------------------ 9. Aggregate amount beneficially owned by each reporting person 1748821 - ------------------------------------------------------------------------------ 10. Check box if the aggregate amount in row (9) excludes certain shares* - ------------------------------------------------------------------------------ 11. Percent of class represented by amount in row 9 5.3% - ------------------------------------------------------------------------------ 12. Type of Reporting person* HC - ------------------------------------------------------------------------------ 13G CUSIP No. 427096508 Page 3 of 9 Pages - ------------------------------------------------------------------------------ 1. Name of reporting person S.S. or I.R.S. identification no. of above person Putnam Investment Management, LLC. 04-2471937 - ------------------------------------------------------------------------------ 2. Check the appropriate box if a member of a group* (a)( ) (b)( ) - ------------------------------------------------------------------------------ 3. SEC use only - ------------------------------------------------------------------------------ 4. Citizenship or place of organization Delaware - ------------------------------------------------------------------------------ 5. Sole Voting Power NONE Number of shares ) ----------------------------- Beneficially ) 6. Shared Voting Power Owned by each ) Reporting ) 80520 Person with: ) ----------------------------- 7. Sole Dispositive Power NONE ----------------------------- 8. Shared Dispositive Power 674134 - ------------------------------------------------------------------------------ 9. Aggregate amount beneficially owned by each reporting person 674134 - ------------------------------------------------------------------------------ 10. Check box if the aggregate amount in row (9) excludes certain shares* - ------------------------------------------------------------------------------ 11. Percent of class represented by amount in row 9 2.1% - ------------------------------------------------------------------------------ 12. Type of Reporting person* IA - ------------------------------------------------------------------------------ 13G CUSIP No. 427096508 Page 4 of 9 Pages - ------------------------------------------------------------------------------ 1. Name of reporting person S.S. or I.R.S. identification no. of above person The Putnam Advisory Company, LLC. 04-6187127 - ------------------------------------------------------------------------------ 2. Check the appropriate box if a member of a group* (a)( ) (b)( ) - ------------------------------------------------------------------------------ 3. SEC use only - ------------------------------------------------------------------------------ 4. Citizenship or place of organization Delaware - ------------------------------------------------------------------------------ 5. Sole Voting Power NONE Number of shares ) ----------------------------- Beneficially ) 6. Shared Voting Power Owned by each ) Reporting ) 536496 Person with: ) ----------------------------- 7. Sole Dispositive Power NONE ----------------------------- 8. Shared Dispositive Power 1074687 - ------------------------------------------------------------------------------ 9. Aggregate amount beneficially owned by each reporting person 1074687 - ------------------------------------------------------------------------------ 10. Check box if the aggregate amount in row (9) excludes certain shares* - ------------------------------------------------------------------------------ 11. Percent of class represented by amount in row 9 3.3% - ------------------------------------------------------------------------------ 12. Type of Reporting person* IA - ------------------------------------------------------------------------------ SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) Item 1(a) Name of Issuer: HERCULES TECHNOLOGY GROWTH Item 1(b) Address of Issuer's Principal Executive Offices: 400 Hamilton Ave, Suite 310, Palo Alto, CA 94301 Item 2(a) Item 2(b) Name of Person Filing: Address or Principal Office or, if NONE, Residence: Putnam, LLC d/b/a Putnam Investments One Post Office Square ("PI") Boston, Massachusetts 02109 on behalf of itself and: Putnam Investment Management, LLC. One Post Office Square ("PIM") Boston, Massachusetts 02109 The Putnam Advisory Company, LLC. One Post Office Square ("PAC") Boston, Massachusetts 02109 Item 2(c) Citizenship: PI, PIM and PAC are limited liability companies organized under Delaware law. The citizenship of other persons identified in Item 2(a) is designated as follows: ** Voluntary association known as Massachusetts business trust - Massachusetts law Item 2(d) Title of Class of Securities: Common Item 2(e) Cusip Number: 427096508 Page 5 of 9 Pages Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a)( ) Broker or Dealer registered under Section 15 of the Act (b)( ) Bank as defined in Section 3(a)(6) of the Act (c)( ) Insurance Company as defined in Section 3(a)(19) of the Act (d)( ) Investment Company registered under Section 8 of the Investment Company Act (e)( X ) Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 (f)( ) Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see (Section 240.13d-1(b)(1)(ii)(F) (g)( X ) Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G) (h)( ) Group, in accordance with Section 240.13d-1(b)(1)(ii)(H) Page 6 of 9 Pages