SC 13G/A 1 dsc13ga.txt AMENDMENT #1 TO SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) SNOWBALL.COM, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK -------------------------------------------------------------------------------- (Title of Class of Securities) 83335R 40 9 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2001 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [X] Rule 13d-1(d) *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 ("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). SCHEDULE 13G -------------------------- ----------------------------- CUSIP No. 83335R 40 9 Page 2 of 5 Pages -------------------------- ----------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Mark Jung -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [_] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 287,061 SHARES --------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 6,112 EACH --------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 287,061 --------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,112 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 293,173 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [_] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) *15.3% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) IN -------------------------------------------------------------------------------- *Based on 1,913,315 shares outstanding as of September 30, 2001, as set forth in the issuer's Report on Form 10 Q for the quarter ended September 30, 2001. The Company also effectuated a 1-for-3 reverse stock split on March 5, 2001 and a 1-for-6 reverse stock split on September 24, 2001 of its Common Stock. SCHEDULE 13G -------------------------- ----------------------------- CUSIP No. 83335R 40 9 Page 3 of 5 Pages -------------------------- ----------------------------- Item 1. (a) Name of Issuer: -------------- Snowball.com, Inc. (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 3240 Bayshore Drive Brisbane, CA. 94005 Item 2. (a) Name of Person Filing: --------------------- Mark A. Jung (b) Address of Principal Business Office: ------------------------------------ c/o Snowball.com, Inc. 3240 Bayshore Drive Brisbane, CA. 94005 (c) Citizenship: ----------- Canada (d) Title of Class of Securities: ---------------------------- Common Stock (e) CUSIP Number: ------------ 83335R 40 9 Item 3. Not Applicable Item 4. Ownership. (a) Amount beneficially owned: 293,173 ------------------------- Mark A. Jung, the reporting person, owns 162,059 shares of Common Stock directly, 25,197 shares of Common Stock which were subject to the Company's right of repurchase as of December 31, 2001. Mr. Jung also owns options to purchase 125,002 shares of the Company's Common Stock. Mr. Jung is also the trustee of (i) the Mark Jung Annuity Trust, the record holder of 5,556 shares of Common Stock, and (ii) Jung-Murdock Children's Trust U/A 11/23/93, Susan Murdock TTEE, the record holder of 556 shares of Common Stock. Mr. Jung disclaims beneficial ownership of the shares held by the Mark Jung Annuity Trust and the Jung-Murdock Children's Trust U/A 11/23/93, Susan Murdock TTEE, except to the extent of his pecuniary interest therein. (b) Percent of class: 15.3% ---------------- (c) Number of shares as to which the person has: ------------------------------------------- (i) Sole power to vote or to direct the vote: 287,061 (ii) Shared power to vote or to direct the vote: 6,112 (iii) Sole power to dispose or to direct the disposition of: 287,061 SCHEDULE 13G -------------------------- ----------------------------- CUSIP No. 83335R 40 9 Page 4 of 5 Pages -------------------------- ----------------------------- (iv) Shared power to dispose or to direct the disposition of: 6,112 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. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certifications. Not Applicable SCHEDULE 13G -------------------------- ----------------------------- CUSIP No. 83335R 40 9 Page 5 of 5 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. Dated: 2-13-01 By: /s/ Mark A. Jung ---------------------------------- Mark A. Jung