Amendment No. 3 to Schedule 13G

-----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, HUMpiglF8gH0qVhzfry2ZGM1c5Z3LsksvYqtgvIU/3QEin7UFDXdBk8eUEVbKn0i Swckljy6aSVZ4o3fYD9v9Q== 0001193125-07-025641.txt : 20070209 0001193125-07-025641.hdr.sgml : 20070209 20070209155452 ACCESSION NUMBER: 0001193125-07-025641 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070209 DATE AS OF CHANGE: 20070209 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCKIERNAN WILLIAM S CENTRAL INDEX KEY: 0001064151 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: BUSINESS PHONE: 4082991226 MAIL ADDRESS: STREET 1: 3031 TISCH WAY STREET 2: STE 900 CITY: SAN JOSE STATE: CA ZIP: 95128 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CYBERSOURCE CORP CENTRAL INDEX KEY: 0000934280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 770472961 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57879 FILM NUMBER: 07597853 BUSINESS ADDRESS: STREET 1: 1295 CHARLESTON ROAD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 4085569100 MAIL ADDRESS: STREET 1: 1295 CHARLESTON ROAD STREET 2: NONE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 SC 13G/A 1 dsc13ga.htm AMENDMENT NO. 3 TO SCHEDULE 13G Amendment No. 3 to Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

(Amendment No. 3)

Under the Securities Exchange Act of 1934

CYBERSOURCE CORPORATION

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

23251J 10 6

(CUSIP Number)

December 31, 2006

(Date of Event Which Requires Filing of this Statement)

Check appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

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).

(Continued on following pages)

Page 1 of 5 Pages


1		NAME OF REPORTING PERSON S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

		WILLIAM S. McKIERNAN
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
		(a) ¨
		(b) ¨
3		SEC USE ONLY

4		CITIZENSHIP OR PLACE OF ORGANIZATION

		USA


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER

		430,547
		6 SHARED VOTING POWER

		3,489,189
		7 SOLE DISPOSITIVE POWER

		430,547
		8 SHARED DISPOSITIVE POWER

		3,489,189


9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

		3,919,736
10		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

		11.22%
12		TYPE OF REPORTING PERSON

		IN


CUSIP No. 23251J 10 6		13G/A		Page 3 of 5 pages

Item 1.

(a)

Name of Issuer:

Cybersource Corporation (the “Issuer”)

(b)

Address of Issuer’s Principal Executive Offices:

1295 Charleston Road, Mountain View, CA 94043

Item 2.

(a)

Name of Person Filing:

William S. McKiernan

(b)

Address of Principal Business Office:

1295 Charleston Road, Mountain View, CA 94043

(c)

Citizenship:

USA

(d)

Title of Class of Securities:

Common Stock

(e)

CUSIP Number:

23251J 10 6

Item 3.

If this statement is filed pursuant to Rules 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.


CUSIP No. 23251J 10 6		13G/A		Page 4 of 5 pages


Item 4.	Ownership

	The following information with respect to the ownership of the Common Stock of the Issuer by the person filing this statement is provided as of December 31, 2006:

	(a)	Amount Beneficially Owned:

		3,919,736 shares which includes (i) 429,166 shares beneficially owned pursuant to stock options exercisable within 60 days of December 31, 2006 and (ii) 22,100 shares of common stock held by members of Mr. McKiernan’s immediate family. Mr. McKiernan disclaims beneficial ownership of the shares held by his immediate family.

	(b)	Percent of Class:

		11.22%

		Calculation of percentage of beneficial ownership was based on 34,915,724 shares of Common Stock issued and outstanding as of December 31, 2006.

	(c)	Number of shares as to which such person has:

		(i)	sole power to vote or to direct the vote:

			430,547

		(ii)	shared power to vote or to direct the vote:

			3,489,189

		(iii)	sole power to dispose or to direct the disposition of:

			430,547

		(iv)	shared power to dispose or to direct the disposition of:

			3,489,189

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

	Not applicable.

Item 8.	Identification and Classification of Members of the Group

	Not applicable.

Item 9.	Notice of Dissolution of the Group

	Not applicable.

Item 10.	Certification

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


CUSIP No. 23251J 10 6		13G/A		Page 5 of 5 pages

SIGNATURE

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Date: February 8, 2007

/s/ William S. McKiernan

William S. McKiernan

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