-----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, VQKpm48nH2SB9TuARuDe5KedqBT2ihIOnuflJJl7bICZTiSITiUPQnbATVNTuPlU oHptjtOXw/9OPNI1yn+mDA== 0000912057-01-001983.txt : 20010123 0000912057-01-001983.hdr.sgml : 20010123 ACCESSION NUMBER: 0000912057-01-001983 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010118 GROUP MEMBERS: PEARSON OVERSEAS HOLDINGS LTD GROUP MEMBERS: PEARSON PLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARKETWATCH COM INC CENTRAL INDEX KEY: 0001068969 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 943289801 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-58425 FILM NUMBER: 1510964 BUSINESS ADDRESS: STREET 1: 825 BATTERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4157330500 MAIL ADDRESS: STREET 1: 825 BATTERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PEARSON PLC CENTRAL INDEX KEY: 0000938323 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 BURLINGTON GARDENS STREET 2: BANK OF NEW YORK CITY: LONDON UK W1X 1LE STATE: X0 ZIP: 00000 BUSINESS PHONE: 4420744120 MAIL ADDRESS: STREET 1: 3 BURLINGTON GARDENS CITY: LONDON UK W1X 1LE STATE: X0 ZIP: 00000 SC 13D/A 1 a2035544zsc13da.txt SCHEDULED 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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. 3)(1) MARKETWATCH.COM, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $ .01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 570619106 - -------------------------------------------------------------------------------- (CUSIP Number) Philip J. Hoffman c/o Pearson Inc. 1330 Avenue of the Americas, 7th Floor New York, New York 10019 (212) 641-2421 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With Copies To: Howard A. Kenny, Esq. Morgan, Lewis & Bockius LLP 101 Park Avenue New York, New York 10178 (212) 309-6000 January 8, 2001 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13D to report the acquisition that 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: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. SEE Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 9 Pages) (1) 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 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. 570619106 13D Page 2 of 9 Pages ------------ -- -- - ---------------------------------- -------------------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON PLC EIN: - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/ (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) /_/ - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENGLAND & WALES - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF THE ATTACHED SCHEDULE REPORTING -------------------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF THE ATTACHED SCHEDULE - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF THE ATTACHED SCHEDULE - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* /_/ - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF THE ATTACHED SCHEDULE - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------------------- -------------------------------- CUSIP No. 570619106 13D Page 3 of 9 Pages ------------ -- -- - ---------------------------------- -------------------------------- - --------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON OVERSEAS HOLDINGS LTD. EIN: - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /_/ (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) /_/ - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENGLAND & WALES - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 5,636,814(1) REPORTING -------------------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,636,814(1) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,636,814(1) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* /_/ - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.4%(1) - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------- (1) Includes 5,636,814 shares purchased from Data Broadcasting Corporation pursuant to a Stock Purchase Agreement, dated as of December 27, 2000, by and between Data Broadcasting Corporation and Pearson Overseas Holdings Ltd. ITEM 1. SECURITY AND ISSUER This Amendment No. 3 ("Amendment No. 3") to the Statement on Schedule 13D, originally filed on April 7, 2000 and as amended by Amendment No. 1, filed on May 15, 2000, and by Amendment No. 2, filed on January 8, 2001 (collectively, the "Amendments" and, as so amended, the "Statement"), with respect to the common stock, par value $.01 per share ("Common Stock"), of MarketWatch.com, Inc., a Delaware corporation (the "Company"), amends Items 2, 3 and 4 and amends and restates Item 5 and Schedules A and B of the Statement. The principal executive office of the Company is 825 Battery Street, San Francisco, California 94111. Information given in response to each item shall be deemed incorporated by reference in all other items. Capitalized terms used but not defined in this Amendment No. 3 shall have the respective meanings ascribed to them in the Statement. ITEM 2. IDENTITY AND BACKGROUND Item 2 as set forth in the Statement is amended by the replacement of paragraph (a) with the following: (a) This Statement is being filed by each of the following persons pursuant to Rule 13d-2(a) promulgated by the Securities and Exchange Commission (the "Commission"): (i) Pearson plc, a corporation organized under the laws of England & Wales ("Pearson"), and (ii) Pearson Overseas Holdings Ltd., a corporation organized under the laws of England & Wales ("Pearson Overseas" and, collectively with Pearson, the "Reporting Persons"). Each of (i) Pearson Netherlands B.V., a corporation organized under the laws of the Netherlands; (ii) Pearson AG, a corporation organized under the laws of Switzerland; (iii) Pearson Inc., a corporation organized under the laws of Delaware; and (iv) Pearson Longman, Inc., a corporation organized under the laws of Delaware, each of which were previously reporting persons due to their control relationship with Data Broadcasting Corporation, a corporation organized under the laws of Delaware ("DBC"); and DBC, which was previously the direct owner of the Common Stock of the Company, are no longer reporting persons. Pearson is an international media company. Pearson Overseas is an investment holding company owned by Pearson. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 as set forth in the Statement is amended by the replacement of the last two paragraphs with the following: The total amount of funds required by Pearson Overseas to acquire the Common Stock of the Company pursuant to the Stock Purchase Agreement (as described in the response to Item 4) is $26,887,602.78 (the "DBC Purchase Price"). Pearson Overseas obtained the DBC Purchase Price from its working capital, as well as the working capital of its parent company, Pearson. As of November 1, 2000, the Secured Promissory Note referred to in Item 3 has been repaid in full and, upon such repayment, the Stock Pledge Agreement was automatically terminated pursuant to its terms. 4 ITEM 4. PURPOSES OF TRANSACTIONS Item 4 as set forth in the Statement is amended by the replacement of the last paragraph with the following: On December 27, 2000, DBC and Pearson Overseas entered into a Stock Purchase Agreement (the "DBC Stock Purchase Agreement"), a copy of which has been filed as an exhibit hereto. On January 8, 2001, pursuant to the DBC Stock Purchase Agreement, Pearson Overseas purchased all 5,636,814 shares of Common Stock of the Company from DBC for the DBC Purchase Price. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 as set forth in the Statement is amended and restated to read in its entirety as follows: (a) Pearson Overseas owns 5,636,814 shares of Common Stock of the Company (the "Shares"). Pearson Overseas' holding of 5,636,814 shares of Common Stock of the Company represents approximately 34.4% of the issued and outstanding shares of Common Stock of the Company. For purposes of Rule 13d-3 promulgated under the Exchange Act, Pearson, which is the parent company of Pearson Overseas, may be deemed to beneficially own the Shares indirectly as a result of its control relationship with Pearson Overseas. Any such beneficial ownership would represent the same shared voting and dispositive power exercised by Pearson Overseas over the Shares. Pearson disclaims beneficial ownership of the Shares. (b) The responses of the Reporting Persons to Items (7) through (11) of the portions of pages 2 through 3 hereto which relate to shares of Common Stock beneficially owned are incorporated herein by reference. (c) Except as described in the response to Item 4, there have been no transactions in the shares of Common Stock during the past sixty days by any Reporting Person or any other person listed on Schedule B. (d) No person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by Pearson Overseas. (e) Not applicable Except as described in this response to Item 5, none of the persons listed on Schedule B beneficially own any shares of Common Stock. 5 SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 18, 2001 Pearson plc By: /s/ Julia Casson ------------------------------------------ Name: Julia Casson Title: Company Secretary Pearson Overseas Holdings Ltd. By: /s/ S. Jones ------------------------------------------ Name: S. Jones Title: Secretary Pearson Netherlands B.V. By: /s/ D. H. Colville ------------------------------------------ Name: D. H. Colville Title: Director Pearson AG By: /s/ Peter Gill ----------------------------------------- Name: Peter Gill Title: Director Pearson Inc. By: /s/ Thomas Wharton ------------------------------------------ Name: Thomas Wharton Title: Secretary and Vice President of Taxation 6 Pearson Longman, Inc. By: /s/ William Lincoln ------------------------------------------ Name: William Lincoln Title: President Data Broadcasting Corporation By: /s/ Steven G. Crane ------------------------------------------ Name: Steven G. Crane Title: Executive Vice President and Chief Executive Officer 7 SCHEDULE A NAME OF REPORTING PERSON ADDRESS OF THE PRINCIPAL OFFICE - ------------------------ ------------------------------- Pearson 3 Burlington Gardens, London W1X 1LE, England Pearson Overseas 3 Burlington Gardens, London W1X 1LE, England 8 SCHEDULE B PEARSON PLC
Name Position Principal Occupation/Business Address - ---- -------- ------------------------------------- Lord Stevenson Chairman Director/Little Tufton House, 3 Dean Trench Street, London SW1P 3HB Marjorie M. Scardino Chief Executive Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE David C. M. Bell Executive Director Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE John C. Makinson Finance Director Finance Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Lord Burns Non-Executive Member of House of Lords/ 13 North Avenue, London W13 8AP Gill M. Lewis Non-Executive Managing Partner/Heidrick & Struggles, Director 100 Picaddilly, London W1V 9FN Reuben Mark Non-Executive Chairman and Chief Executive Officer/Colgate-Palmolive Co, Director 300 Park Avenue, New York, NY 10022-7499 Vernon L. Sankey Non-Executive Director/The Cherubs, Parsonnage Lane, Director Farnham Common, Bucks SL2 3NZ Julia M. Casson Secretary Secretary/Pearson plc, 3 Burlington Gardens, London W1X 1LE Rana Talwar Non-Executive Director/Standard Chartered Bank PLC, Director 1 Aldermanbury Square, London EC2V 7SB PEARSON OVERSEAS HOLDINGS LTD. Name Position Principal Occupation/Business Address - ---- -------- ------------------------------------- David H. Colville Director Chartered Accountant/Pearson plc, 3 Burlington Gardens, London W1X 1LE John C. Makinson Director Finance Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Peter R. Gill Director Director, Financial Operations/Pearson plc, 3 Burlington Gardens, London W1X 1LE Marjorie M. Scardino Director Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Alan C. Miller Director Accountant/Pearson plc, 3 Burlington Gardens, London W1X 1LE Stephen Jones Secretary Assistant Secretary/Pearson plc, 3 Burlington Gardens, London W1X 1LE
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