-----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, AcUHJNYSUAFYJzY52Al0plMAcL8l15kXerCbsbrkNFZ3X4tvqR17WLswd2plXVIy Dk9TyeVZ9WRj/n2aFLgi2w== 0000950142-97-000577.txt : 19970715 0000950142-97-000577.hdr.sgml : 19970715 ACCESSION NUMBER: 0000950142-97-000577 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970714 SROS: NONE GROUP MEMBERS: GAP COINVESTMENT PARTNERS LP GROUP MEMBERS: GAP CONINVESTMENT PARTNERS, L.P. GROUP MEMBERS: GENERAL ATLANTIC PARTNERS II, L.P. 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 SEC ACT: 1934 Act SEC FILE NUMBER: 005-50061 FILM NUMBER: 97639891 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO PLACE 2400 GENG ROAD CITY: PALO ALTO STATE: CA ZIP: 94303 BUSINESS PHONE: 4158422500 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO PLACE 2400 GENG ROAD CITY: PALO ALTO STATE: CA ZIP: 94303 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GAP COINVESTMENT PARTNERS LP CENTRAL INDEX KEY: 0001017650 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3 PICKWICK STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 08330 BUSINESS PHONE: 2036223050 SC 13G 1 AMENDMENT NO. 1 TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. 1) 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). Page 2 of 9 pages CUSIP NO. 269246104 13G 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 5,770,330 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 5,770,330 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,770,330 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11. Percent of Class Represented by Amount in Row 9 18.7% 12. Type of Reporting Person 00 Page 3 of 9 pages CUSIP NO. 269246104 13G 5. Name of Reporting Person General Atlantic Partners II, S.S. or I.R.S. Identifica- L.P. tion No. of Above Person 2. Check the Appropriate Box (a) [X] if a Member of a Group (b) [ ] 7. S.E.C. Use Only 8. Citizenship or Place of Organization Delaware Number of Shares (5) Sole Voting Power 0 Beneficially (6) Shared Voting Power 5,770,330 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 5,770,330 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,770,330 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11. Percent of Class Represented by Amount in Row 9 18.7% 12. Type of Reporting Person PN Page 4 of 9 pages CUSIP NO. 269246104 13G 1. Name of Reporting Person GAP Coinvestment S.S. or I.R.S. Identifica- Partners, L.P. 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 5,770,330 Owned by Each (7) Sole Dispositive Power 0 Reporting Person (8) Shared Dispositive Power 5,770,330 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,770,330 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11. Percent of Class Represented by Amount in Row 9 18.7% 12. Type of Reporting Person PN Page 5 of 9 pages CUSIP NO. 269246104 13G 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) [X] if a Member of a Group (b) [ ] 3. S.E.C. Use Only 4. Citizenship or Place of Organization U.S.A. Number of Shares (5) Sole Voting Power 345,830 Beneficially (6) Shared Voting Power 0 Owned by Each (7) Sole Dispositive Power 345,830 Reporting Person (8) Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 345,830 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] 11. Percent of Class Represented by Amount in Row 9 1.1% 12. Type of Reporting Person IN Page 6 of 9 pages CUSIP No. 269246104 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 ("LLC") General Atlantic Partners II, L.P. ("GAP II") GAP Coinvestment Partners, L.P. ("GAPCO") Richard Braddock ("Braddock" and, together with LLC, 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 ----------- LLC - Delaware GAP II -- Delaware GAPCO -- New York Braddock -- U.S.A. (d) Title of Class of Securities ---------------------------- 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). Page 7 of 9 pages CUSIP No. 269246104 Item 4. As of July 10, 1997, LLC, GAP II, GAPCO and Braddock owned of record no Shares, 5,058,220 Shares, 712,110 Shares and 345,830 Shares, respectively, or 0%, 16.4%, 2.3% and 1.1%, respectively, of the issued and outstanding Shares. The general partner of GAP II is LLC. The managing members of LLC are Steven A. Denning, David C. Hodgson, Stephen P. Reynolds, J. Michael Cline, William O. Grabe and William E. Ford (collectively, the "GAP Managing Members"). Braddock is a director of E*Trade Group, Inc., and is a consultant to LLC. 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; LLC, 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. Although Braddock is a consultant to LLC, the other Reporting Persons 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 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 July 10, 1997, each of LLC, GAP II and GAPCO may be deemed to own beneficially an aggregate of 5,770,330 Shares or 18.7% of the issued and outstanding Shares, and Braddock may be deemed to own beneficially an aggregate of 345,830 Shares or 1.1% of the issued and outstanding Shares. Each of LLC, GAP II and GAPCO has the shared power to direct the vote and the shared power to direct the disposition of the 5,770,330 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 345,830 Shares that are owned beneficially by him. 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 --------------------------------------------------------------- See Item 4. Item 7. Identification and Classification of Subsidiary Which Acquired -------------------------------------------------------------- the Security Being Reported on By the Parent Holding Company ------------------------------------------------------------ Not applicable. Page 8 of 9 pages CUSIP No. 269246104 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. Page 9 of 9 pages CUSIP No. 269246104 SIGNATURES 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 as of July 14, 1997. GENERAL ATLANTIC PARTNERS, LLC By: /s/ Stephen P. Reynolds --------------------------------- Stephen P. Reynolds, a Managing Member GENERAL ATLANTIC PARTNERS II, L.P. By: GENERAL ATLANTIC PARTNERS, LLC its General Partner By: /s/ Stephen P. Reynolds --------------------------------- Stephen P. Reynolds, a Managing Member GAP COINVESTMENT PARTNERS, L.P. By: /s/ Stephen P. Reynolds --------------------------------- Stephen P. Reynolds a General Partner /s/ Richard Braddock --------------------------------- Richard Braddock -----END PRIVACY-ENHANCED MESSAGE-----