-----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, PPIACoUSW7EoviGZRV60EPfZFvEKpkzy5S60goZZ3sd37RyCgOhB23QB4WcsOzMD mTy/2V3CYTgTsVLBByeCpA== 0000950142-99-000265.txt : 19990407 0000950142-99-000265.hdr.sgml : 19990407 ACCESSION NUMBER: 0000950142-99-000265 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990406 GROUP MEMBERS: GAP COINVESTMENT PARTNERS, L.P. GROUP MEMBERS: GENERAL ATLANTIC PARTNERS II, L.P. GROUP MEMBERS: GENERAL ATLANTIC PARTNERS LLC GROUP MEMBERS: GENERAL ATLANTIC PARTNERS, LLC GROUP MEMBERS: RICHARD BRADDOCK 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 13G/A SEC ACT: SEC FILE NUMBER: 005-50061 FILM NUMBER: 99588258 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: GENERAL ATLANTIC PARTNERS LLC CENTRAL INDEX KEY: 0001017645 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3 PICKWICK STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 08330 BUSINESS PHONE: 2036223050 MAIL ADDRESS: STREET 1: 3 PICKWICK STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 08330 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. 3) Under the Securities Exchange Act of 1934 E*Trade Group, Inc. (Name of Issuer) Common Stock, par value $.01 per share (Title of Class of Securities) 269246104 (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). CUSIP NO. 269246104 13G Page 2 of 9 pages - -------------------------------------------------------------------------------- 1 Name of Reporting Person General Atlantic Partners, LLC S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 2 Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] - -------------------------------------------------------------------------------- 3 S.E.C. Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 4,543,840 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 4,543,840 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,543,840 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 4.0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person 00 - -------------------------------------------------------------------------------- CUSIP NO. 269246104 13G Page 3 of 9 pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person General Atlantic Partners II, L.P. S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 4,543,840 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 4,543,840 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,543,840 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 4.0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- CUSIP NO. 269246104 13G Page 4 of 9 pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person GAP Coinvestment Partners, L.P. S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization New York - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 4,543,840 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 4,543,840 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,543,840 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ______ - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 4.0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person PN - -------------------------------------------------------------------------------- CUSIP NO. 269246104 13G Page 5 of 9 pages - -------------------------------------------------------------------------------- 1. Name of Reporting Person Richard Braddock S.S. or I.R.S. Identifica- tion No. of Above Person - -------------------------------------------------------------------------------- 2. Check the Appropriate Box (a) [ ] if a Member of a Group (b) [X] - -------------------------------------------------------------------------------- 3. S.E.C. Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization U.S.A. - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 230,980 Beneficially (6) Shared Voting Power 0 Owned by Each (7) Sole Dispositive Power 230,980 Reporting Person (8) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 230,980 - -------------------------------------------------------------------------------- 10. Check 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 IN - -------------------------------------------------------------------------------- Page 6 of 9 pages AMENDMENT NO.3 TO SCHEDULE 13G This Amendment No. 3 to Schedule 13G is filed by the undersigned to amend and restate in its entirety the Schedule 13G, dated as of February 14, 1997, as amended on July 14, 1997 and February 5, 1998, with respect to the shares of common stock, par value $.01 per share, of E*Trade Group, Inc. Item 1. (a) Name of Issuer E*Trade Group, Inc. (b) Address of Issuer's Principal Executive Offices Four Embarcadero Place 2400 Geng Road Palo Alto, CA 94303 Item 2. (a) Names of Persons Filing General Atlantic Partners, LLC ("GAP") General Atlantic Partners II, L.P. ("GAP II") GAP Coinvestment Partners, L.P. ("GAPCO") Richard Braddock ("Braddock" and, together with GAP, GAP II, and GAPCO, the "Reporting Persons") (b) Address of Principal Business Office c/o General Atlantic Service Corporation 3 Pickwick Plaza Greenwich, CT 06830 (c) Citizenship GAP - Delaware GAP II -- Delaware GAPCO -- New York Braddock -- U.S.A. Page 7 of 9 pages Item 2 (d) Title of Class of Securities (Cont'd.) Common Stock, par value $.01 per share (the "Shares") (e) CUSIP Number 269246104 Item 3. This statement is not filed pursuant to either Rule 13d-1(b) or 13d- 2(b). Item 4. As of February 28, 1999, GAP, GAP II, GAPCO and Braddock owned of record no Shares, 3,986,847 Shares, 556,993 Shares and 230,980 Shares, respectively, or 0%, 3.5%, 0.5% and 0.2%, respectively, of the issued and outstanding Shares. The general partner of GAP II is GAP. The managing members of GAP are Steven A. Denning, Peter L. Bloom, David C. Hodgson, J. Michael Cline, William O. Grabe, William E. Ford and Franchon M. Smithson (collectively, the "GAP Managing Members"). Each of Ford and Braddock is a director of E*Trade Group, Inc. In addition, Braddock was formerly a consultant to GAP. The GAP Managing Members are the general partners of GAPCO. By virtue of the fact that the GAP Managing Members are also the general partners authorized and empowered to vote and dispose of the securities held by GAPCO, each of GAP, GAP II and GAPCO may be deemed to share voting power and the power to direct the disposition of the Shares which each of them owns of record. GAP, GAP II and GAPCO do not possess any voting or dispositive power over the Shares Braddock owns of record. Braddock does not possess any voting or dispositive power over the Shares that the other Reporting Persons own of record. However, there is an oral agreement between Braddock and the other Reporting Persons that Braddock will dispose of his Shares proportionately with the other Reporting Persons. As of February 28, 1999, each of GAP, GAP II and GAPCO may be deemed to own beneficially an aggregate of 4,543,840 Shares or 4.0% of the issued and outstanding Shares, and Braddock may be deemed to own beneficially an aggregate of 230,980 Shares or 0.2% of the issued and outstanding Shares. Each of GAP, GAP II and GAPCO has the shared power to direct the vote and the shared power to direct the disposition of the 4,543,840 Shares that may be deemed to be owned beneficially by each of them, and Braddock has the sole power to direct the vote and the sole power to direct the disposition of the 230,980 Shares that are owned beneficially by him. Page 8 of 9 pages Item 5. Ownership of Five Percent or Less of a Class The Reporting Persons have ceased to own beneficially more than 5% of the Shares. 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. Item 10. Certification Not applicable. Exhibit 1: Incorporate by reference the power of attorney for GAP filed as Exhibit 5 to the Schedule 13D, dated March 4, 1999, filed in connection with certain transactions relating to the common stock, par value $.01 per share, of GT Interactive Software Corp., a Delaware corporation. Such power of attorney provides Thomas J. Murphy with the requisite power and authority to sign this Amendment No.3 to Schedule 13G on behalf of GAP. Exhibit 2: Incorporate by reference the power of attorney for GAPCO filed as Exhibit 5 to the Schedule 13D, dated March 4, 1999, filed in connection with certain transactions relating to the common stock, par value $.01 per share, of GT Interactive Software Corp., a Delaware corporation. Such power of attorney provides Thomas J. Murphy with the requisite power and authority to sign this Amendment No.3 to Schedule 13G on behalf of GAPCO. Page 9 of 9 pages 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 as of April 6, 1999 GENERAL ATLANTIC PARTNERS, LLC By: /s/ Thomas J. Murphy -------------------- Name: Thomas J, Murphy Title: Attorney-in-fact GENERAL ATLANTIC PARTNERS II, L.P. By: GENERAL ATLANTIC PARTNERS, LLC its General Partner By: /s/ Thomas J. Murphy -------------------- Name: Thomas J, Murphy Title: Attorney-in-fact GAP COINVESTMENT PARTNERS, L.P. By: /s/ Thomas J. Murphy -------------------- Name: Thomas J, Murphy Title: Attorney-in-fact /s/ Richard Braddock -------------------- Richard Braddock -----END PRIVACY-ENHANCED MESSAGE-----