0000950130-01-504528.txt : 20011009
0000950130-01-504528.hdr.sgml : 20011009
ACCESSION NUMBER: 0000950130-01-504528
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20010928
GROUP MEMBERS: CHEUNG KONG (HOLDINGS) LIMITED
GROUP MEMBERS: FORTHCOMING ERA LIMITED
GROUP MEMBERS: POTTON RESOURCES LIMITED
GROUP MEMBERS: PRIME PRO GROUP LIMITED
GROUP MEMBERS: ULTIMATE PIONEER LIMITED
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: PRICELINE COM INC
CENTRAL INDEX KEY: 0001075531
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 061528493
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-56083
FILM NUMBER: 1748393
BUSINESS ADDRESS:
STREET 1: 800 CONNECTICUT AVE
CITY: NORWALK
STATE: CT
ZIP: 06854
BUSINESS PHONE: 2037053000
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: HUTCHISON WHAMPOA LTD /WAV
CENTRAL INDEX KEY: 0000933662
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: HUTCHISON HOUSE 22ND FLOOR
CITY: HONG KONG
STATE: K3
ZIP: 00000
BUSINESS PHONE: 8522128118
MAIL ADDRESS:
STREET 1: 22ND FL HUTCHISON HOUSE
STREET 2: 10 HARCOURT RD
CITY: HONG KONG
STATE: K3
ZIP: 00000
SC 13D/A
1
dsc13da.txt
AMENDMENT #4
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 4 TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934
priceline.com Incorporated
--------------------------
(Name of Issuer)
Common Stock, par value $0.008 per share
----------------------------------------
(Title of Class of Securities)
741503106
---------
(CUSIP Number)
Edith Shih
Hutchison Whampoa Limited
22nd Floor, Hutchison House
10 Harcourt Road
Hong Kong
(852-2128-1188)
----------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copies to:
John A. Otoshi
Dewey Ballantine LLP
Suite 701
Edinburgh Tower, The Landmark
15 Queen's Road Central
Hong Kong
(852-2509-7000)
----------
September 26, 2001
(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(b)(3) or (4), check the following box .
SCHEDULE 13D
CUSIP NO. 741503106
---------
----------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HUTCHISON WHAMPOA LIMITED - Not Applicable
----------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X]
(b)[_]
----------------------------------------------------------------------------------------------------------------------
3 SEC US ONLY
----------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
----------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
----------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
----------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES - 0 -
BENEFICIALLY --------------------------------------------------------------------------------
8 SHARED VOTING POWER
OWNED BY EACH
33,533,133
REPORTING --------------------------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
- 0 -
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
33,533,133
----------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON [_]
33,533,133
----------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
----------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.2%
----------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, CO
----------------------------------------------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP NO. 741503106
---------
----------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FORTHCOMING ERA LIMITED - Not Applicable
----------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X]
(b)[_]
----------------------------------------------------------------------------------------------------------------------
3 SEC US 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
British Virgin Islands
----------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
- 0 -
SHARES ----------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY EACH 17,546,622
----------------------------------------------------------------------------------
REPORTING
9 SOLE DISPOSITIVE POWER
PERSON WITH
- 0 -
----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
17,546,622
----------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,546,622
----------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
----------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.9%
----------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
----------------------------------------------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP NO. 741503106
---------
----------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ULTIMATE PIONEER LIMITED - Not Applicable
----------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X]
(b)[_]
----------------------------------------------------------------------------------------------------------------------
3 SEC US 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
British Virgin Islands
----------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
- 0 -
SHARES ----------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
15,986,511
OWNED BY EACH ----------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
- 0 -
PERSON WITH ----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
15,986,511
---------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,986,511
---------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
---------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
---------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
---------------------------------------------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP NO. 741503106
---------
----------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CHEUNG KONG (HOLDINGS) LIMITED - Not Applicable
----------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X]
(b)[_]
----------------------------------------------------------------------------------------------------------------------
3 SEC US ONLY
----------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
----------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
----------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
----------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
- 0 -
SHARES ----------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
67,066,267 (including shares disclaimed, see 11 below)
OWNED BY EACH ----------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
- 0 -
PERSON WITH ----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
67,066,267 (including shares disclaimed, see 11 below)
----------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
67,066,267, of which Cheung Kong expressly disclaims beneficial
ownership of 33,533,133 shares beneficially owned by Hutchison
Whampoa Limited
----------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X]
----------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%
----------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, CO
----------------------------------------------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP NO. 741503106
---------
-----------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Prime Pro Group Limited - Not Applicable
-----------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X]
(b)[_]
-----------------------------------------------------------------------------------------------------------------------
3 SEC US 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
British Virgin Islands
-----------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
- 0 -
SHARES -----------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
17,546,622
OWNED BY EACH
-----------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH - 0 -
-----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
17,546,622
-----------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,546,622
-----------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
-----------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.9%
-----------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
-----------------------------------------------------------------------------------------------------------------------
SCHEDULE 13D
CUSIP NO. 741503106
---------
-----------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
POTTON RESOURCES LIMITED - Not Applicable
-----------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[X]
(b)[_]
-----------------------------------------------------------------------------------------------------------------------
3 SEC US 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
British Virgin Islands
-----------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
- 0 -
SHARES -----------------------------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
15,986,512
OWNED BY EACH -----------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
- 0 -
PERSON WITH -----------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
15,986,512
-----------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,986,512
-----------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
-----------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.3%
-----------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
-----------------------------------------------------------------------------------------------------------------------
This statement constitutes Amendment No. 4 to the Schedule 13D
originally filed with the Securities and Exchange Commission on February 26,
2001, as amended by Amendment No. 1 on June 11, 2001, Amendment No. 2 on July
10, 2001 and Amendment No. 3 on September 25, 2001, and is filed by Hutchison
Whampoa Limited, a Hong Kong company ("HWL"); Forthcoming Era Limited ("FEL"), a
British Virgin Islands company and an indirect wholly-owned subsidiary of HWL;
Ultimate Pioneer Limited ("UPL"), a British Virgin Islands company and an
indirect wholly-owned subsidiary of HWL; Cheung Kong (Holdings) Limited ("Cheung
Kong"), a Hong Kong company and a 49.97% shareholder of HWL; Prime Pro Group
Limited ("PPG"), a British Virgin Islands company and an indirect wholly-owned
subsidiary of Cheung Kong; and Potton Resources Limited ("PRL"), a British
Virgin Islands company and an indirect wholly-owned subsidiary of Cheung Kong.
Such Schedule 13D relates to the common stock, par value $0.008 per share
("Common Stock") of priceline.com Incorporated, a Delaware corporation (the
"Issuer"). Terms defined in the Schedule 13D previously filed have the same
meanings in this Amendment.
Item 3. Source and Amount of Funds or Other Considerations
--------------------------------------------------
Item 3 of the Schedule 13D, as amended, is hereby amended by
adding the following:
The total purchase price of the 1,449,500 shares acquired by
UPL from the open market is US$3,855,015. The funds for UPL's purchases were
provided by HWL from its internal resources.
The total purchase price of the 1,449,500 shares acquired by
PRL from the open market is US$3,855,015. The funds for PRL's purchases were
provided by Cheung Kong from its internal resources.
Item 5. Interest in Securities of the Issuer.
------------------------------------
(a) (b) and (c) of Item 5 of the Schedule 13D, as amended, are
hereby amended and restated in their entirety as follows:
(a) - (b) HWL, through its ownership of FEL and UPL, beneficially owns an
aggregate of 33,533,133 shares of Common Stock, representing approximately 15.2%
of the outstanding Common Stock as of September 17, 2001, and has shared power
over the voting and disposition of such shares.
FEL beneficially owns 17,546,622 shares of Common Stock,
representing approximately 7.9% of the outstanding Common Stock and has shared
power over the voting and disposition of such shares.
UPL beneficially owns 15,986,511 shares of Common Stock,
representing approximately 7.3% of the outstanding Common Stock, and has shared
power over the voting and disposition of such shares.
1
PPG beneficially owns 17,546,622 shares of Common Stock,
representing approximately 7.9% of the outstanding Common Stock and has shared
power over the voting and disposition of such shares.
PRL beneficially owns 15,986,512 shares of Common Stock,
representing approximately 7.3% of the outstanding Common Stock, and has shared
power over the voting and disposition of such shares.
Cheung Kong, through its ownership of PPG and PRL,
beneficially owns an aggregate of 33,533,134 shares of Common Stock,
representing approximately 15.2% of the outstanding Common Stock, and has shared
power over the voting and disposition of such shares. In addition, Cheung Kong,
through its ownership of 49.97% of the issued shares of HWL, may be deemed to
share voting and dispositive power over the shares of Common Stock owned by HWL,
FEL and UPL. However, pursuant to Rule 13d-4 under the Exchange Act, Cheung Kong
expressly disclaims beneficial ownership of such shares.
Ian Wade, the designee of FEL to the Issuer's Board of
Directors, was granted options to purchase 40,000 shares of Common Stock, which
are not exercisable within 60 days and therefore not included in the shares
reported above. Dominic Kai Ming Lai, the designee of FEL and UPL to the
Issuer's Board of Directors, and Edmond Tak Chuen Ip, the designee of PPG and
PRL, each were granted options to purchase 20,000 shares of Common Stock, which
are not exercisable within 60 days and therefore not included in the shares
reported above.
Except as described in this Item 5, none of HWL, FEL, UPL,
Cheung Kong, PPG and PRL, nor, to the best knowledge of HWL, FEL, UPL, Cheung
Kong, PPG and PRL, any executive officer or director of HWL, FEL, UPL, Cheung
Kong, PPG or PRL, (i) beneficially owns any securities of the Issuer as of the
date hereof or (ii) has any right as of the date hereof to acquire, directly or
indirectly, any beneficial ownership of other securities of the Issuer.
(c) Each of UPL and PRL acquired a total of 1,449,500 shares of Common Stock
from the open market on September 25, 2001, September 26, 2001 and September 27,
2001 at an average price of US$2.66 per share.
2
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, each party certifies that the information set forth in this Statement
with respect to it is true, complete and correct.
Date: September 28, 2001
FOR AND ON BEHALF OF
HUTCHISON WHAMPOA LIMITED
By: /s/ Susan Chow
-------------------------------
Name: Susan Chow
Title: Director
FOR AND ON BEHALF OF
FORTHCOMING ERA LIMITED
By: /s/ Susan Chow
--------------------------------
Name: Susan Chow
Title: Director
FOR AND ON BEHALF OF
ULTIMATE PIONEER LIMITED
By: /s/ Susan Chow
--------------------------------
Name: Susan Chow
Title: Director
3
FOR AND ON BEHALF OF
CHEUNG KONG (HOLDINGS) LIMITED
By: /s/ Ip Tak Chuen, Edmond__
-----------------------------
Name: Ip Tak Chuen, Edmond
Title: Director
FOR AND ON BEHALF OF
PRIME PRO GROUP LIMITED
By: /s/ Ip Tak Chuen, Edmond__
-----------------------------
Name: Ip Tak Chuen, Edmond
Title: Director
FOR AND ON BEHALF OF
POTTON RESOURCES LIMITED
By: /s/ Ip Tak Chuen, Edmond__
-------------------------------
Name: Ip Tak Chuen, Edmond
Title: Director
4