-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SpPJm5bAu986Q9l6obw+os/rKGiE0oZVfuUy0FZ3nVjvC91aUMZSviHD3wmYTle6 fdOdq/OjPvuSwXJtiJGN4Q== 0000950142-98-000143.txt : 19980217 0000950142-98-000143.hdr.sgml : 19980217 ACCESSION NUMBER: 0000950142-98-000143 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980212 SROS: NONE GROUP MEMBERS: GAP COINVESTMENT PARTNERS LP GROUP MEMBERS: GENERAL ATLANTIC PARTNERS 16, L.P. GROUP MEMBERS: GENERAL ATLANTIC PARTNERS 19, L.P. GROUP MEMBERS: GENERAL ATLANTIC PARTNERS II, L.P. GROUP MEMBERS: GENERAL ATLANTIC PARTNERS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GT INTERACTIVE SOFTWARE CORP CENTRAL INDEX KEY: 0001002607 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 133689915 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-47017 FILM NUMBER: 98535770 BUSINESS ADDRESS: STREET 1: 16 EAST 4OTH ST CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2127266500 MAIL ADDRESS: STREET 1: 16 EAST 40TH ST CITY: NEW YORK STATE: NY ZIP: 10016 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GAP COINVESTMENT PARTNERS LP CENTRAL INDEX KEY: 0001017650 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3 PICKWICK STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 08330 BUSINESS PHONE: 2036223050 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) GT Interactive Software Corp. ----------------------------- (Name of Issuer) Common Stock, par value $.01 per share -------------------------------------- (Title of Class of Securities) 36236E109 --------- (CUSIP Number) *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 reminder 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 2 of 10 pages CUSIP NO. 36236E109 13G --------- - -------------------------------------------------------------------------------- 0.0.1 Name of Reporting Person General Atlantic Partners, LLC S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 0.0.2 Check the Appropriate Box (a) [X] if a Member of a Group (b) - -------------------------------------------------------------------------------- 0.0.3 S.E.C. Use Only - -------------------------------------------------------------------------------- 0.0.4 Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 7,428,525 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 7,428,525 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,428,525 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11% - -------------------------------------------------------------------------------- 12. Type of Reporting Person 00 - -------------------------------------------------------------------------------- Page 3 of 10 pages CUSIP NO. 36236E109 13G --------- - -------------------------------------------------------------------------------- 0.0.1 Name of Reporting Person General Atlantic Partners II, L.P. S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 0.0.2 Check the Appropriate Box (a) [X] if a Member of a Group (b) - -------------------------------------------------------------------------------- 0.0.3 S.E.C. Use Only - -------------------------------------------------------------------------------- 0.0.4 Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 7,428,525 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 7,428,525 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,428,525 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- Page 4 of 10 pages CUSIP NO. 36236E109 13G --------- - -------------------------------------------------------------------------------- 0.0.1 Name of Reporting Person General Atlantic Partners 16, L.P. S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 0.0.2 Check the Appropriate Box (a) [X] if a Member of a Group (b) - -------------------------------------------------------------------------------- 0.0.3 S.E.C. Use Only - -------------------------------------------------------------------------------- 0.0.4 Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 7,428,525 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 7,428,525 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,428,525 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- Page 5 of 10 pages CUSIP NO. 36236E109 13G --------- - -------------------------------------------------------------------------------- 0.0.1 Name of Reporting Person General Atlantic Partners 19, L.P. S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 0.0.2 Check the Appropriate Box (a) [X] if a Member of a Group (b) - -------------------------------------------------------------------------------- 0.0.3 S.E.C. Use Only - -------------------------------------------------------------------------------- 0.0.4 Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 7,428,525 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 7,428,525 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,428,525 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- Page 6 of 10 pages CUSIP NO. 36236E109 13G --------- - -------------------------------------------------------------------------------- 0.0.1 Name of Reporting Person GAP Coinvestment Partners, L.P. S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 0.0.2 Check the Appropriate Box (a) [X] if a Member of a Group (b) - -------------------------------------------------------------------------------- 0.0.3 S.E.C. Use Only - -------------------------------------------------------------------------------- 0.0.4 Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 7,428,525 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 7,428,525 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,428,525 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares N/A - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- Page 7 of 10 pages CUSIP NO. 36236E109 13G --------- Item 1 (a) Name of Issuer GT Interactive Software Corp. (b) Address of Issuer's Principal Executive Offices 16 East 40th Street New York, N.Y. 10016 Item 2 (a) Names of Persons Filing General Atlantic Partners, LLC ("LLC") General Atlantic Partners II, L.P. ("GAP II") General Atlantic Partners 16, L.P. ("GAP 16") General Atlantic Partners 19, L.P. ("GAP 19") GAP Coinvestment Partners, L.P. ("GAPCO" and, collectively with LLC, GAP II, GAP 16 and GAP 19, the "Reporting Persons") (b) Address of Principal Business Office c/o General Atlantic Service Corporation 3 Pickwick Plaza Greenwich, CT 06830 (c) Citizenship LLC, GAP II, GAP 16 and GAP 19 -- Delaware GAPCO -- New York (d) Title of Class of Securities Common Stock, par value $.01 per share (the "Shares") (e) CUSIP Number 36236E109 Item 3 This statement is not filed pursuant to either Rule 13d-1(b) or 13d-2(b). Item 4 As of December 31, 1997, LLC, GAP II, GAP 16, GAP 19 and GAPCO each owned of record no Shares, 504,000 Shares, Page 8 of 10 pages CUSIP NO. 36236E109 13G --------- 4,184,545 Shares, 2,092,273 Shares and 647,707 Shares, respectively, or 0%, 0.7%, 6.2%, 3.1% and 1.0%, respectively, of the issued and outstanding Shares. The general partner of GAP II, GAP 16 and GAP 19 is LLC. The managing members of LLC are Steven A. Denning, David C. Hodgson, Stephen P. Reynolds, J. Michael Cline, William O. Grabe and William E. Ford (collectively, the "LLC Managing Members"). The LLC Managing Members are the general partners of GAPCO. By virtue of the fact that the LLC Managing Members are also the general partners authorized and empowered to vote and dispose of the securities held by GAPCO, the Reporting Persons may be deemed to share voting power and the power to direct the disposition of the Shares which each of them owns of record. Accordingly, as of December 31, 1997, each of the Reporting Persons may be deemed to own beneficially an aggregate of 7,428,525 Shares or 11% of the issued and outstanding Shares. Each of the Reporting Persons has the shared power to direct the vote and the shared power to direct the disposition of the 7,428,525 Shares that may be deemed to be owned beneficially by each of them. 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 Item 4. Item 7 Identification and Classification of 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 See Item 4. Item 9 Notice of Dissolution of Group Not applicable. Page 9 of 10 pages CUSIP NO. 36236E109 13G --------- Item 10 Certification Not applicable. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Page 10 of 10 pages CUSIP NO. 36236E109 13G --------- SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: February 5, 1998. GENERAL ATLANTIC PARTNERS, LLC By: /s/ Nancy E. Cooper -------------------------------------------------- Nancy E. Cooper, a Managing Member GENERAL ATLANTIC PARTNERS II, L.P. By: GENERAL ATLANTIC PARTNERS, LLC its General Partner By: /s/ Nancy E. Cooper -------------------------------------------------- Nancy E. Cooper, a Managing Member GENERAL ATLANTIC PARTNERS 16, L.P. By: GENERAL ATLANTIC PARTNERS, LLC its General Partner By: /s/ Nancy E. Cooper -------------------------------------------------- Nancy E. Cooper, a Managing Member GENERAL ATLANTIC PARTNERS 19, L.P. By: GENERAL ATLANTIC PARTNERS, LLC its General Partner By: /s/ Nancy E. Cooper -------------------------------------------------- Nancy E. Cooper, a Managing Member GAP COINVESTMENT PARTNERS, L.P. By: /s/ Nancy E. Cooper -------------------------------------------------- Nancy E. Cooper, General Partner -----END PRIVACY-ENHANCED MESSAGE-----