-----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, R7K7ld3zvN2feAmSr3Em9hZAGWTwyEOIMvKzvdS3WPTCiTCSiU2+KM5p5Zlp9Qef d2pXudsvYN4DJ3XNcr+/IQ== 0000891836-99-000020.txt : 19990112 0000891836-99-000020.hdr.sgml : 19990112 ACCESSION NUMBER: 0000891836-99-000020 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990111 GROUP MEMBERS: MASAYOSHI SON GROUP MEMBERS: SOFTBANK AMERICA INC GROUP MEMBERS: SOFTBANK AMERICA INC. GROUP MEMBERS: SOFTBANK CORP. GROUP MEMBERS: SOFTBANK HOLDINGS INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: E TRADE GROUP INC CENTRAL INDEX KEY: 0001015780 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 942844166 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-50061 FILM NUMBER: 99504469 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO PLACE 2400 GENG ROAD CITY: PALO ALTO STATE: CA ZIP: 94303 BUSINESS PHONE: 6508422500 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO PLACE 2400 GENG ROAD CITY: PALO ALTO STATE: CA ZIP: 94303 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SOFTBANK AMERICA INC CENTRAL INDEX KEY: 0001076468 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 300 DELAWARE AVENUE STREET 2: SUITE 900 CITY: WILMINGTON STATE: DE ZIP: 19801 MAIL ADDRESS: STREET 1: 300 DELAWARE AVENUE STREET 2: SUITE 900 CITY: WILMINGTON STATE: DE ZIP: 19801 SC 13D/A 1 SCHEDULE 13D, AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A). (AMENDMENT NO. 1)* E*TRADE GROUP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 269 246 104 - -------------------------------------------------------------------------------- (CUSIP Number) RONALD FISHER STEPHEN A. GRANT, ESQ. SOFTBANK HOLDINGS INC. SULLIVAN & CROMWELL 10 LANGLEY ROAD, SUITE 403 125 BROAD STREET NEWTON CENTER, MA 02159 NEW YORK, NY 10004 (617) 928-9300 (212) 558-4000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) DECEMBER 31, 1998 ------------------------------------ (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box |_|. NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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 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 (the "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). SEC 1746(12-91) (continued on following pages) SCHEDULE 13D - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 2 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SOFTBANK AMERICA INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |_| (B) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 15,647,922 ------------------------------------------------------------ NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 15,647,922 WITH ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,647,922 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 3 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SOFTBANK HOLDINGS INC. I.R.S. Identification No. 95-446-7445 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |_| (B) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 15,647,922 ------------------------------------------------------------ NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 15,647,922 WITH ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,647,922 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 4 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS SOFTBANK CORP. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |_| (B) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION JAPAN - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 15,647,922 ------------------------------------------------------------ NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 15,647,922 WITH ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,647,922 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 5 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS MASAYOSHI SON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) |_| (B) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION JAPAN - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 15,647,922 ------------------------------------------------------------ NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 15,647,922 WITH ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,647,922 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 6 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ SOFTBANK America Inc., a Delaware corporation ("SB America"), hereby reports on Schedule 13D with respect to shares of Common Stock beneficially owned by it. Mr. Masayoshi Son, a Japanese citizen ("Mr. Son"), SOFTBANK Corp., a Japanese corporation ("SOFTBANK"), and SOFTBANK Holdings Inc., a Delaware corporation ("SBH" and, together with Mr. Son and SOFTBANK, the "Original Reporting Persons"), hereby amend and restate the report on Schedule 13D for the Original Reporting Persons, dated August 20, 1998 (the "Original Schedule 13D"), filed by the Original Reporting Persons with respect to the Common Stock beneficially owned by them. SB America and the Original Reporting Persons are referred to herein as "Reporting Persons". ITEM 1. SECURITY AND ISSUER. This statement on and amendment to and restatement of Schedule 13D (this "Statement") relates to the Common Stock, par value $0.01 per share (the "Common Stock"), of E*Trade Group, Inc., a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at Four Embarcadero Place, 2400 Geng Road, Palo Alto, California 94303. ITEM 2. IDENTITY AND BACKGROUND. (A), (B), (C) AND (F). SB America, a Delaware corporation, is a wholly owned subsidiary of SBH, a Delaware corporation, which is a wholly owned subsidiary of SOFTBANK, a Japanese corporation, which, as of December 31, 1998, was 43.3% owned by Mr. Son, a Japanese citizen. Mr. Son's principal occupation is president and chief executive officer of SOFTBANK. The principal business of SBH and SB America is to serve as holding companies for operations and investments of SOFTBANK. The business address of Mr. Son is c/o SOFTBANK Corp., 24-1 Nihonbashi-Hakozakicho, Chuo-Ku, Tokyo 103-8501, Japan. SOFTBANK's principal businesses include the provision of information and distribution services and infrastructure for the digital information industry, the distribution of computer software and network products and the publication of Japanese computer technology magazines. (D) AND (E). None of the Reporting Persons nor, to the best knowledge and belief of SB America, SBH, SOFTBANK, and any of their respective executive officers and directors, has during the last five years been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction, and is or was, as a result of such proceeding, subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws. Schedules 1, 2 and 3 hereto set forth the business address of SB America, SBH and SOFTBANK, with respect to each executive officer of SB America, SBH and SOFTBANK, respectively, the following information: (a) name, (b) residence business address, (c) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, and (d) citizenship. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. On August 20, 1998, pursuant to a Stock Purchase Agreement, dated as of July 9, 1998 (the "Purchase Agreement"), by and between the Issuer and SBH, SBH purchased 15,647,922 shares of Common Stock (the "Shares") from the Issuer for a purchase price of $25.5625 per Share (the "Purchase"), for an aggregate purchase price of $4,000,0006.13. SBH used available cash of SOFTBANK Corp. to fund this acquisition. On December 31, 1998, pursuant to a subscription agreement, of even date therewith, between SBH and SB America (the "Subscription Agreement"), SBH contributed 15,647,922 shares of Common Stock to SB America. Except as described above, none of the persons listed in the Schedules hereto contributed any funds or other consideration towards the purchase of the Common Stock. ITEM 4. PURPOSE OF TRANSACTION. SBH contributed the Common Stock to the capital of SB America as part of a reorganization of the corporations controlled by SOFTBANK. Each Reporting Person expects to evaluate on an ongoing basis the Issuer's financial condition, business operations and prospects, market price of the Common Stock, conditions in securities markets generally, general economic and industry conditions and other factors. Accordingly, each Reporting Person reserves the right to change its plans and intentions at any time, as it deems appropriate. In particular, each Reporting Person may, at any time and from time to time: acquire additional Common Stock or securities convertible or - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 7 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ exchangeable for Common Stock; dispose of shares of Common Stock; and/or enter into privately negotiated derivative transactions with institutional counterparties to hedge the market risk of some or all of its positions in the Common Stock. Any such transactions may be effected at any time and from time to time subject to any applicable limitations of the Securities Act of 1933, as amended, and the contractual restrictions described in Item 6. To the knowledge of each Reporting Person, each of the persons listed on Schedules 1, 2 and 3 hereto may make the same evaluation and reserves the same rights. As of the date of the filing of this Statement, none of SB America, SOFTBANK Holdings, SOFTBANK or Mr. Son, nor, to the best knowledge and belief of SB America, SBH and SOFTBANK, any of their respective executive officers or directors, has any other plan or proposal which relates to or would result in any of the actions set forth in parts (a) through (j) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (A). The percentage interest held by each Reporting Person presented below is based on the number of shares of Common Stock reported to be outstanding as of December 22, 1998 in the Issuer's Annual Report on Form 10-K for the fiscal year ended September 30, 1998 (the "Outstanding Shares"). As of the date of the filing of this Statement, SB America beneficially owns, and SBH, SOFTBANK and Mr. Son may be deemed to beneficially own through SB America 15,647,922 shares of Common Stock comprising approximately 27.6% of the Outstanding Shares. Except as described in this Statement, none of the Reporting Persons, nor to the best knowledge and belief of SB America, SBH or SOFTBANK, any of their respective executive officers or directors beneficially owns any Common Stock or securities convertible into Common Stock. (B). Each reporting person shares the power to vote or direct the vote and dispose or direct the disposition of the Common Stock beneficially owned by such Reporting Persons. (C). Except as described in this Statement, none of the Reporting Persons, nor to the best knowledge and belief of SB America, SBH and SOFTBANK, any of their respective officers or directors, has effected any transaction in the Common Stock during the past 60 days. (D) AND (E). Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Pursuant to the Stock Purchase Agreement, dated as of July 9, 1998 (the "Purchase Agreement"), by and between the Issuer and SBH, SBH agreed to purchase 15,647,922 shares of Common Stock (the "Shares") from the Issuer for a purchase price of $25.5625 per Share (the "Purchase"). The Purchase was consummated on August 20, 1998. Pursuant to the Purchase Agreement, except under limited circumstances, SBH may not, directly or indirectly, sell, transfer, assign, pledge or otherwise dispose of any interest in any of the Shares acquired pursuant to the Purchase Agreement for a period of two years following the acquisition of such Shares. In addition, SBH agreed that neither it nor any of its affiliates will acquire, offer to acquire or agree to acquire, directly or indirectly, by purchase or otherwise, any voting securities or direct or indirect rights to acquire any voting securities of the Issuer or any subsidiary of the Issuer for a period of five years without the prior written consent of the Issuer or its Board of Directors. The Issuer agreed to cause Mr. Son to be elected or appointed as a director of the Issuer. In a Subscription Agreement, dated December 31, 1998, between SBH and SB America, SBH subscribed to 100 shares of Common Stock of SB America for a purchase price of $10 per share. The Summary Descriptions contained in this Statement of certain agreements and documents are qualified in their entirety by reference to the complete texts of such agreements and documents filed as Exhibits either hereto or to the Original Schedule 13D, and incorporated herein by reference. Except as described in this Statement, or in the exhibits hereto, none of the Reporting Persons, nor to the best knowledge of the SB America, SBH and SOFTBANK, any of their respective directors or executive officers is a party to any contract, arrangement, understanding or relationship with any other person with respect to any securities of the Issuer, including, but not limited to transfer or voting - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 8 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ of any of the securities, finder's fees, joint ventures, loan or option arrangements, put or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. 1. Agreement of Joint Filing, dated as of January 11, 1999, by and among SOFTBANK America Inc., SOFTBANK Holdings Inc., SOFTBANK Corp. and Mr. Masayoshi Son. 2. Subscription Agreement by SOFTBANK Holdings Inc. to SOFTBANK America Inc. dated December 31, 1998. 3. Stock Purchase Agreement, dated as of July 9, 1998, by and between E*Trade Group, Inc. and SOFTBANK Holdings Inc. (incorporated by reference to Exhibit C to the Statement on Schedule 13D filed by SOFTBANK Holdings Inc., SOFTBANK Corp. and Mr. Masayoshi Son, dated August 20, 1998). 4. Power of Attorney (incorporated by reference to Exhibit 24 to the Statement on Schedule 13G filed by SOFTBANK, Mr. Son and SOFTBANK Ventures, Inc. on February 18, 1998 with respect to Concentric Network Corporation). - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 9 OF 13 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. January 11, 1999 SOFTBANK AMERICA INC. By: /s/ Stephen A. Grant ----------------------------------- Stephen A. Grant Attorney-in-fact SOFTBANK HOLDINGS INC. By: /s/ Stephen A. Grant ----------------------------------- Stephen A. Grant Secretary SOFTBANK CORP. By: /s/ Stephen A. Grant ----------------------------------- Stephen A. Grant Attorney-in-fact MASAYOSHI SON By: /s/ Stephen A. Grant ----------------------------------- Stephen A. Grant Attorney-in-fact - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 10 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ SCHEDULE 1 DIRECTORS AND EXECUTIVE OFFICERS OF SOFTBANK AMERICA INC. --------------------------------------------------------- The name, position and present principal occupation of each executive officer and director of SOFTBANK America Inc. are set forth below. The business address for SOFTBANK America Inc. and each of the directors and executive officers listed below, except Masayoshi Son, Yoshitaka Kitao and Hitoshi Hasegawa, is 300 Delaware Avenue, Suite 900, Wilmington, Delaware 19801. The business address for Masayoshi Son, Yoshitaka Kitao and Hitoshi Hasegawa is 24-1, Nihonbashi-Hakozaki-cho, Chuo-ku, Tokyo 103 Japan. All directors and executive officers listed below are American citizens, except for Masayoshi Son, Yoshitaka Kitao and Hitoshi Hasegawa, who are citizens of Japan. Name Position Present Principal Occupation - ---------------- --------------------- ----------------------------- Masayoshi Son Chairman and Director President and Chief Executive Officer of SOFTBANK Corp. Yoshitaka Kitao Director Executive Vice President and Chief Financial Officer of SOFTBANK Corp. Ronald Fisher Vice Chairman and Vice Chairman of SOFTBANK Director Holdings Inc. Steven Murray Treasurer Controller of SOFTBANK Holdings Inc. Hitoshi Hasegawa Secretary General Counsel of SOFTBANK Corp. - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 11 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ SCHEDULE 2 DIRECTORS AND EXECUTIVE OFFICERS OF SOFTBANK HOLDINGS INC. ---------------------------------------------------------- The name, position and present principal occupation of each director and executive officer of SOFTBANK Holdings Inc. are set forth below. The business address for SOFTBANK Holdings Inc. and each of the executive officers and directors listed below, except Masayoshi Son, Yoshitaka Kitao, Gary Rieschal, Stephen A. Grant, and Thomas Wright, is 10 Langley Road, Suite 403, Newton Center, Massachusetts 02159. The business address for Masayoshi Son and Yoshitaka Kitao is 24-1, Nihonbashi-Hakozaki-cho, Chuo-ku, Tokyo 103 Japan. The business address for Gary Rieschal is 333 W. San Carlos St., Suite 1225, San Jose, CA 95110. The business address for Stephen A. Grant is 125 Broad Street, New York, New York 10004. The business address for Thomas Wright is One Park Avenue, New York, NY 10016. All executive officers and directors listed below is an American citizen, except for Masayoshi Son and Yoshitaka Kitao, each a citizen of Japan. Name Position Present Principal Occupation - ---------------- --------------------- ----------------------------- Masayoshi Son Chairman, President and President and Chief Executive Director Officer of SOFTBANK Corp. Yoshitaka Kitao Director Executive Vice President and Chief Financial Officer of SOFTBANK Corp. Ronald D. Fisher Vice Chairman Vice Chairman of SOFTBANK Holdings Inc. Gary Rieschal Senior Vice President Executive Managing Member, SOFTBANK Technology Ventures LLC Stephen A. Grant Secretary Partner, Sullivan & Cromwell Thomas L. Wright Vice President and Treasurer of Ziff-Davis Inc. Treasurer Louis DeMarco Vice President - Tax Vice President-Tax Charles R. Lax Vice President Partner, SOFTBANK Technology Ventures Inc. - ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 12 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ SCHEDULE 3 DIRECTORS AND EXECUTIVE OFFICERS OF SOFTBANK CORP. -------------------------------------------------- The name, position and present principal occupation of each director and executive officer of SOFTBANK Corp. are set forth below. The business address for each of the executive officers and directors listed below, except Ronald D. Fisher and Eric Hippeau, is 24-1, Nihonbashi-Hakozaki-cho, Chuo-ku, Tokyo 103 Japan. The business address for Ronald D. Fisher is 10 Langley Road, Suite 403, Newton Center, Massachusetts 02159. The business address for Eric Hippeau is One Park Avenue, New York, NY 10016. All executive officers and directors listed below is a Japanese citizen, except for Ronald D. Fisher and Eric Hippeau, who are citizens of the United States.
Name Position Present Principal Occupation - ---------------- --------------------- ----------------------------- Masayoshi Son President, President and Chief Executive Chief Executive Officer Officer of SOFTBANK Corp. and Director Yoshitaka Kitao Executive Vice President, Executive Vice President and Chief Financial Officer and Chief Financial Officer of Director SOFTBANK Corp. Ken Miyauchi Executive Vice President, Executive Vice President, Software & Network Software & Network Products Products Division and Division of SOFTBANK Corp. Director Makoto Okazaki Executive Vice President, Executive Vice President, Publishing Division and Publishing Division of Director SOFTBANK Corp. Norikazu Ishikawa Executive Vice President, Executive Vice President, Human Resources & Human Resources & General General Affairs Division Affairs Division of SOFTBANK and Director Corp. Takashi Eguchi Director President, Chief Executive Officer of PASONA SOFTBANK Inc. Masahiro Inoue Director President, Chief Executive Officer of Yahoo Japan Corporation Ronald D. Fisher Director Vice Chairman of SOFTBANK Holdings Inc. Eric Hippeau Director Chairman and Chief Executive Officer, Ziff-Davis Inc.
- ------------------------- ----------------------------- CUSIP NO. 269 246 104 PAGE 13 OF 13 PAGES -------------- ---- ---- - ------------------------- ------------------------------ Mitsuo Sano Full-Time Corporate Full-Time Corporate Auditor of Auditor SOFTBANK Corp. Katsura Sato Corporate Auditor Corporate Auditor of SOFTBANK Corp.
EXHIBIT INDEX Exhibit Description - ------- ------------ Exhibit A Subscription Agreement by SOFTBANK Holdings Inc. to SOFTBANK America Inc. dated December 31, 1998. Exhibit B Stock Purchase Agreement, dated as of July 9, 1998, by and between E*Trade Group, Inc. and SOFTBANK Holdings Inc. (incorporated by reference to Exhibit C to the Statement on Schedule 13D filed by SOFTBANK Holdings Inc., SOFTBANK Corp. and Mr. Masayoshi Son, dated August 20, 1998). Exhibit C Agreement of Joint Filing, dated as of January 11, 1999, by and among SOFTBANK America Inc., SOFTBANK Holdings Inc., SOFTBANK Corp. and Mr. Masayoshi Son. Exhibit D Power of Attorney (incorporated by reference to Exhibit 24 to the Statement on Schedule 13G filed by SOFTBANK, Mr. Son and SOFTBANK Ventures, Inc. on February 18, 1998 with respect to Concentric Network Corporation). EX-99.1 2 SUBSCRIPTION AGREEMENT BY SOFTBANK HOLDINGS INC. Exhibit A ---------- This exhibit contains excerpts from the Subscription Agreement, pursuant to which SOFTBANK Holdings Inc. transferred the securities of E*Trade Group, Inc., as described in Item 5(b) of Schedule 13D. 10 Langley Road, Suite 403 [SOFTBANK LOGO] SOFTBANK HOLDINGS INC. Newton Center, MA 02169-1971 Tel (617) 928-9300 Fax (617) 928-3301 December 31, 1998 SOFTBANK American Inc. 300 Delaware Avenue, Suite 900 Wilmington, DE 19801 Dear Sirs: We hereby subscribe to 100 shares of Common Stock, par value $1.00 per share, of SOFTBANK America Inc. for a purchase price of $10 per share. As an additional contribution to capital, we hereby assign and transfer to SOFTBANK America Inc. all our right, title and interest in the securities listed in Annex A hereto, free and clear of all liens, encumbrances, equities or claims. Please confirm your acceptance of the foregoing subscription and capital contribution by signing and returning the enclosed copy of this letter. SOFTBANK HOLDINGS INC. By: /s/ Thomas Wright ------------------------ Thomas Wright, Treasurer SOFTBANK AMERICA INC. By: /s/ Ronald D. Fisher ------------------------------- Ronald D. Fisher, Vice Chairman
ASSETS TRANSFERRED TO SB AMERICA Company Amount Securities Cost (per S&C) NBV @ 11/98 ------- ------ ---------- -------------- ----------- Ziff-Davis 71,619,355 Common [Information deleted] E*Trade Group, Inc 15,647,922 Common GeoCities, Inc. 7,056,086 Common [Information deleted] [Information deleted] MessageMedia Inc. 10,575,775 Common [Information deleted] Yahoo! Inc. 29,632,564 Common [Information deleted] Cybercash, Inc. 976,540 Common [Information deleted] [Information deleted]
EX-99.2 3 AGREEMENT OF JOINT FILING EXHIBIT C AGREEMENT OF JOINT FILING In accordance with Rule 13d-1(k) under the Securities and Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a Statement on Schedule 13D, and any amendments thereto, with respect to the Common Stock, par value $0.01 per share, of E*Trade Group, Inc. and that this agreement be included as an Exhibit to such filing. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same agreement. IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of January 11, 1999. SOFTBANK AMERICA INC. By: /s/ Stephen A. Grant --------------------------------- Name: Stephen A. Grant Title: Attorney-in-fact SOFTBANK HOLDINGS INC. By: /s/ Stephen A. Grant --------------------------------- Name: Stephen A. Grant Title: Secretary SOFTBANK CORPORATION By: /s/ Stephen A. Grant --------------------------------- Name: Stephen A. Grant Title: Attorney-in-fact MASAYOSHI SON By: /s/ Stephen A. Grant --------------------------------- Name: Stephen A. Grant Title: Attorney-in-fact -----END PRIVACY-ENHANCED MESSAGE-----