SC 13G/A 1 dsc13ga.htm AMENDMENT NO. 6 TO SCHEDULE 13G Amendment No. 6 to Schedule 13G

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

 

 

 

 

 

Siebel Systems Inc.

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

 

 

82617012

                                (CUSIP Number)                                

 

 

December 31, 2002

(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 the disclosures provided in a prior cover page.

 

The information required in 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).

 

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

SEC 1745 (3-98)

 

Page 1 of 10 pages

CUSIP No. 826170102

 

  1.


  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Thomas M. Siebel            

    

  2.

  

Check the Appropriate Box if a Member of a Group* (See Instructions)

(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

 

         70,309,136 (1)

  6.    Shared Voting Power

 

         -0-

  7.    Sole Dispositive Power

 

         70,309,136 (1)

  8.    Shared Dispositive Power

 

         -0-

  9.


  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

70,309,136 (1)            

    

10.


  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares* (See Instructions)

 

¨

   

11.


  

Percent of Class Represented by Amount in Row (9)

 

13.5%            

    

12.


  

Type of Reporting Person* (See Instructions)

 

IN            

    

(1) Includes 30,285,592 shares held by Thomas M. Siebel, Trustee or Successor Trustee of the Siebel Living Trust u/a/d 7/27/93, 2,349,904 shares held by Siebel Asset Management L.P., 2,000,000 shares held by Siebel Asset Management III L.P., and 1,600,000 shares held by Siebel Asset Management IV L.P. Also includes 34,073,640 shares issuable pursuant to options exercisable within 60 days of December 31, 2002.

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 2 of 10 pages

CUSIP No. 826170102

 

  1.


  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Thomas M. Siebel, Trustee or Successor Trustee of the Siebel Living Trust u/a/d 7/27/93

    

  2.

  

Check the Appropriate Box if a Member of a Group* (See Instructions)

(a)   ¨

(b)   ¨

   

  3.


  

SEC Use Only

 

    

  4.


  

Citizenship or Place of Organization

 

California            

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

         30,285,592                

  6.    Shared Voting Power

 

         -0-                

  7.    Sole Dispositive Power

 

         30,285,592                

  8.    Shared Dispositive Power

 

         -0-                

  9.


  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

30,285,592            

    

10.


  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares* (See Instructions)

 

¨

   

11.


  

Percent of Class Represented by Amount in Row (9)

 

6.2%            

    

12.


  

Type of Reporting Person (See Instructions)

 

OO            

    

 

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 3 of 10 pages

CUSIP No. 826170102

 

  1.


  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Siebel Asset Management, L.P.            

    

  2.

  

Check the Appropriate Box if a Member of a Group* (See Instructions)

(a)   ¨

(b)   ¨

   

  3.


  

SEC Use Only

 

    

  4.


  

Citizenship or Place of Organization

 

California            

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

         2,349,904                

  6.    Shared Voting Power

 

         -0-                

  7.    Sole Dispositive Power

 

         2,349,904                

  8.    Shared Dispositive Power

 

         -0-                

  9.


  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,349,904            

    

10.


  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares* (See Instructions)

 

¨

   

11.


  

Percent of Class Represented by Amount in Row (9)

 

0.5%            

    

12.


  

Type of Reporting Person* (See Instructions)

 

PN            

    

 

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 4 of 10 pages

CUSIP No. 826170102

 

  1.


  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Siebel Asset Management III, L.P.            

    

  2.

  

Check the Appropriate Box if a Member of a Group* (See Instructions)

(a)   ¨

(b)   ¨

   

  3.


  

SEC Use Only

 

    

  4.


  

Citizenship or Place of Organization

 

California            

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

         2,000,000                

  6.    Shared Voting Power

 

         -0-                

  7.    Sole Dispositive Power

 

         2,000,000                

  8.    Shared Dispositive Power

 

         -0-                

  9.


  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,000,000            

    

10.


  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares* (See Instructions)

 

¨

   

11.


  

Percent of Class Represented by Amount in Row (9)

 

0.4%            

    

12.


  

Type of Reporting Person* (See Instructions)

 

PN            

    

 

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 5 of 10 pages

CUSIP No. 826170102

 

  1.


  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Siebel Asset Management IV, L.P.            

    

  2.

  

Check the Appropriate Box if a Member of a Group* (See Instructions)

(a)   ¨

(b)   ¨

   

  3.


  

SEC Use Only

 

    

  4.


  

Citizenship or Place of Organization

 

California            

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

         1,600,000                

  6.    Shared Voting Power

 

         -0-                

  7.    Sole Dispositive Power

 

         1,600,000                

  8.    Shared Dispositive Power

 

         -0-                

  9.


  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,600,000            

    

10.


  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares* (See Instructions)

 

¨

   

11.


  

Percent of Class Represented by Amount in Row (9)

 

0.3%            

    

12.


  

Type of Reporting Person* (See Instructions)

 

PN            

    

 

*SEE INSTRUCTION BEFORE FILLING OUT!

 

Page 6 of 10 pages

 

Item 1.

(a) Name of Issuer

Siebel Systems, Inc.

 

(b) Address of Issuer’s Principal Executive Offices

2207 Bridgepointe Parkway

San Mateo, CA 94404

 

Item 2.

(a) Name of Person Filing

Thomas M. Siebel

Thomas M. Siebel, Trustee or Successor Trustee of the Siebel Living Trust u/a/d 7/27/93 (“Trust”)

Siebel Asset Management, L.P. (“SAM”)

Siebel Asset Management III, L.P. (“SAM III”)

Siebel Asset Management IV, L.P. (“SAM IV”)

 

(b) Address of Principal Business Office or, if none, Residence

2207 Bridgepointe Parkway

San Mateo, CA 94404

 

(c) Citizenship

Thomas M. Siebel

  

USA

Trust

  

California

SAM

  

California

SAM II

  

California

SAM III

  

California

SAM IV

  

California

 

(d) Title of Class of Securities

Common Stock

 

(e) CUSIP Number

826170102

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

    Not Applicable

 

Page 7 of 10 pages

 

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a) Amount Beneficially Owned:

Thomas M. Siebel

   

70,309,136*

Trust

   

30,285,592

SAM

   

  2,349,904

SAM III

   

  2,000,000

SAM IV

   

  1,600,000

 

 

(b) Percent of Class:

Thomas M. Siebel

   

13.5%

Trust

   

  6.2%

SAM

   

  0.5%

SAM III

   

  0.4%

SAM IV

   

  0.3%

 

 

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

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

 

Thomas M. Siebel

   

70,309,136*

Trust

   

30,285,592

SAM

   

  2,349,904

SAM III

   

  2,000,000

SAM IV

   

  1,600,000

 

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

Thomas M. Siebel

   

0

Trust

   

0

SAM

   

0

SAM III

   

0

SAM IV

   

0

* Includes 30,285,592 shares held by Thomas M. Siebel, Trustee or Successor Trustee of the Siebel Living Trust u/a/d 7/27/93, 2,349,904 shares held by Siebel Asset Management L.P., 2,000,000 shares held by Siebel Asset Management III L.P., and 1,600,000 shares held by Siebel Asset Management IV L.P. Also includes 34,073,640 shares issuable pursuant to options exercisable within 60 days of December 31, 2002.

 

Page 8 of 10 pages

 

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

 

Thomas M. Siebel

   

70,309,136*

Trust

   

30,285,592

SAM

   

  2,349,904

SAM III

   

  2,000,000

SAM IV

   

  1,600,000

 

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

 

Thomas M. Siebel

   

0

Trust

   

0

SAM

   

0

SAM III

   

0

SAM IV

   

0

 

Item 5. Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

 

Under certain circumstances set forth in the partnership agreements of SAM, SAM III and SAM IV (the “SAM Entities”), the general and/or limited partners of the SAM Entities have the right to receive dividends from, or proceeds from the sale of, the Common Stock of the Issuer beneficially owned by the SAM Entities.

 

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 a Group

 

Not applicable

 

Item 10. Certification

 

Not applicable

 

* Includes 30,285,592 shares held by Thomas M. Siebel, Trustee or Successor Trustee of the Siebel Living Trust u/a/d 7/27/93, 2,349,904 shares held by Siebel Asset Management L.P., 2,000,000 shares held by Siebel Asset Management III L.P., and 1,600,000 shares held by Siebel Asset Management IV L.P. Also includes 34,073,640 shares issuable pursuant to options exercisable within 60 days of December 31, 2002.

 

Page 9 of 10 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.

 

February 3, 2003

Date

/s/ Thomas M. Siebel

Signature

/s/ Thomas M. Siebel

THOMAS M. SIEBEL, TRUSTEE OR SUCCESSOR TRUSTEE OF THE SIEBEL LIVING TRUST U/A/D 7/27/93

/s/ Thomas M. Siebel

Thomas M. Siebel, Trustee

SIEBEL ASSET MANAGEMENT, L.P.

/s/ Thomas M. Siebel

Thomas M. Siebel, General Partner

SIEBEL ASSET MANAGEMENT III, L.P.

/s/ Thomas M. Siebel

Thomas M. Siebel, General Partner

SIEBEL ASSET MANAGEMENT IV, L.P.

/s/ Thomas M. Siebel

Thomas M. Siebel, General Partner

 

Page 10 of 10 pages