0000950142-05-001123.txt : 20120614
0000950142-05-001123.hdr.sgml : 20120614
20050401165039
ACCESSION NUMBER: 0000950142-05-001123
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 4
FILED AS OF DATE: 20050401
DATE AS OF CHANGE: 20050401
GROUP MEMBERS: GAP COINVESTMENT PARTNERS II, L.P.
GROUP MEMBERS: GAPCO GMBH & CO. KG
GROUP MEMBERS: GAPCO MANAGEMENT GMBH
GROUP MEMBERS: GAPSTAR, LLC
GROUP MEMBERS: GENERAL ATLANTIC LLC
GROUP MEMBERS: GENERAL ATLANTIC PARTNERS 74, L.P.
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CRITICAL PATH INC
CENTRAL INDEX KEY: 0001060801
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 911788300
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-56169
FILM NUMBER: 05726178
BUSINESS ADDRESS:
STREET 1: 320 FIRST STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 4158088800
MAIL ADDRESS:
STREET 1: 320 FIRST STREET
CITY: SAN FRNACISCO
STATE: CA
ZIP: 94105
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: GENERAL ATLANTIC LLC
CENTRAL INDEX KEY: 0001017645
IRS NUMBER: 133503735
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 3 PICKWICK
STREET 2: 3 PICKWICK PLAZA
CITY: GREENWICH
STATE: CT
ZIP: 08330
BUSINESS PHONE: 2036223050
MAIL ADDRESS:
STREET 1: 3 PICKWICK
STREET 2: 3 PICKWICK PLAZA
CITY: GREENWICH
STATE: CT
ZIP: 08330
FORMER COMPANY:
FORMER CONFORMED NAME: GENERAL ATLANTIC PARTNERS LLC
DATE OF NAME CHANGE: 19960626
SC 13D/A
1
sc13da3-cpi.txt
AMENDMENT NO. 3
================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Critical Path, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
22674V100
(CUSIP Number)
Thomas J. Murphy
c/o General Atlantic Service Corporation
3 Pickwick Plaza
Greenwich, Connecticut 06830
Tel. No.: (203) 629-8600
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
March 29, 2005
(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(e), 1(f) or 1(g), check the following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
*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).
================================================================================
--------------------- ---------------------
22674V100 Page 2 of 12
--------------------- ---------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF 40,812,012 shares of common stock,
SHARES par value $0.001
BENEFICIALLY OWNED ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
40,812,012 shares of common stock,
par value $0.001
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,812,012 shares of common stock, par value $0.001
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
--------------------- ---------------------
22674V100 Page 3 of 12
--------------------- ---------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 74, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF 40,812,012 shares of common stock,
SHARES par value $0.001
BENEFICIALLY OWNED ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
40,812,012 shares of common stock,
par value $0.001
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,812,012 shares of common stock, par value $0.001
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------- ---------------------
22674V100 Page 4 of 12
--------------------- ---------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GapStar, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF 40,812,012 shares of common stock,
SHARES par value $0.001
BENEFICIALLY OWNED ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
40,812,012 shares of common stock,
par value $0.001
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,812,012 shares of common stock, par value $0.001
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
--------------------- ---------------------
22674V100 Page 5 of 12
--------------------- ---------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAP Coinvestment Partners II, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF 40,812,012 shares of common stock,
SHARES par value $0.001
BENEFICIALLY OWNED ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
40,812,012 shares of common stock,
par value $0.001
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,812,012 shares of common stock, par value $0.001
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------- ---------------------
22674V100 Page 6 of 12
--------------------- ---------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAPCO Management GmbH
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF 40,812,012 shares of common stock,
SHARES par value $0.001
BENEFICIALLY OWNED ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
40,812,012 shares of common stock,
par value $0.001
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,812,012 shares of common stock, par value $0.001
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
--------------------- ---------------------
22674V100 Page 7 of 12
--------------------- ---------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAPCO GmbH & Co. KG
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF 40,812,012 shares of common stock,
SHARES par value $0.001
BENEFICIALLY OWNED ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
40,812,012 shares of common stock,
par value $0.001
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,812,012 shares of common stock, par value $0.001
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
58.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
--------------------- ---------------------
22674V100 Page 8 of 12
--------------------- ---------------------
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 3 (this "Amendment") to Schedule 13D is filed by the
undersigned to amend and supplement the Schedule 13D, dated December 21, 2001
(the "Original 13D"), Amendment No. 1 thereto, dated July 13, 2004 ("Amendment
No. 1"), and Amendment No. 2 thereto, dated December 30, 2004 ("Amendment No.
2") with respect to the shares of Common Stock, par value $0.001 per share (the
"Common Stock"), of Critical Path, Inc., a California corporation (the
"Company"). The address of the principal executive office of the Company is 532
Folsom Street, San Francisco, CA 94105. Capitalized terms used herein and not
otherwise defined herein shall have the meanings set forth in the Original 13D,
as amended by Amendment No. 1 and Amendment No. 2.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended and restated in its entirety as follows.
This statement is being filed by a group, as defined in Rule 13d-5 of the
General Rules and Regulations under the Securities Exchange Act of 1934, as
amended (the "Exchange Act").
The members of the group are General Atlantic LLC, a Delaware limited liability
company (formerly known as General Atlantic Partners, LLC, "GA"), General
Atlantic Partners 74, L.P., a Delaware limited partnership ("GAP 74"), GapStar,
LLC, a Delaware limited liability company ("GapStar"), GAP Coinvestment Partners
II, L.P., a Delaware limited partnership ("GAPCO"), GAPCO GmbH & Co. KG, a
German limited partnership ("KG"), and GAPCO Management GmbH, a German
corporation ("GmbH Management" and, collectively with GA, GAP 74, GapStar, GAPCO
and KG, the "Reporting Persons"). The Reporting Persons (other than KG and GmbH
Management) are located at 3 Pickwick Plaza, Greenwich, Connecticut 06830. KG
and GmbH Management are located c/o General Atlantic Partners GmbH, Koenigsallee
62, 40212 Duesseldorf, Germany. Each of the Reporting Persons is engaged in
acquiring, holding and disposing of interests in various companies for
investment purposes. The general partner of GAP 74 is GAP. GAP is also the sole
member of GapStar. GmbH Management is the general partner of KG.
The Managing Directors of GA are Steven A. Denning (Chairman), William E. Ford
(President), Peter L. Bloom, Mark F. Dzialga, Klaus Esser, Vince Feng, William
O. Grabe, Abhay Havaldar, David C. Hodgson, Braden R. Kelly, Rene M. Kern, Marc
F. McMorris, Matthew Nimetz, Franchon M. Smithson, Tom C. Tinsley, Philip P.
Trahanas and Florian P. Wendelstadt (collectively, the "GA Managing Members").
The general partners of GAPCO are GA Managing Members. The business address of
each of the GA Managing Members (other than Messrs. Esser, Feng, Havaldar,
Kelly, Tinsley and Wendelstadt) is 3 Pickwick Plaza, Greenwich, Connecticut
06830. The business address of Mr. Esser is Koenigsallee 62, 40212 Duesseldorf,
Germany. The business address of Mr. Feng is 18/F One International Finance
Centre, 4 Harbour View Street, Central Hong Kong. The business address of Mr.
Havaldar is Room 222, The Taj Mahal Hotel, ApolloEBunder, Mumbai 400 001, India.
The business address of Mr. Tinsley is 2401 Pennsylvania Avenue, N.W.,
Washington, D.C. 20037. The business address of Mr. Wendelstadt is 83 Pall Mall,
Sixth Floor, London SW1Y 5ES, United Kingdom. The business address of Mr. Kelly
is 228 Hamilton Avenue, Palo Alto, California 94301. Each of the GA Managing
Members, other than Messrs. Esser, Halvaldar, Kern and Wendelstadt, is a citizen
of the United States. Messrs. Esser, Kern and Wendelstadt are citizens of
Germany. Mr. Feng is a citizen of the United States and Taiwan. Mr. Havaldar is
a citizen of India. The present principal occupation or employment of each of
the GA Managing Members is as a managing member of GAP.
None of the Reporting Persons and none of the above individuals has, during the
last five years, been (i) convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction or subject to any
judgment, decree or final order finding any violation of federal or state
securities laws or enjoining future violations of, or prohibiting or mandating
activities subject to, such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended by adding the following at the end
thereof:
On March 29, 2005, in accordance with the Note and Warrant Purchase Agreement,
the GAP Purchasers purchased promissory notes of the Company in the aggregate
principal amount of $3,250,000 (the "Additional Notes") and Series F Warrants to
purchase an aggregate of 69,642 shares of Series F Preferred Stock. The shares
of Series F Preferred Stock are initially convertible into 696,420 shares of
Common Stock.
--------------------- ---------------------
22674V100 Page 9 of 12
--------------------- ---------------------
All of the funds to purchase the Additional Notes and Series F Warrants were
obtained from contributions from partners of GAP 74, GAPCO and KG, and the
available capital of GapStar.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons acquired beneficial ownership of the shares of Series F
Preferred Stock, and hold the shares of Series D Preferred Stock, Series E
Preferred Stock, the Warrants and Series F Warrants described in the Original
13D, Amendment No. 1, Amendment No. 2 and this Amendment, for investment
purposes. From time to time the Reporting Persons may acquire additional shares
of Common Stock, Series D Preferred Stock, Series E Preferred Stock, Series F
Preferred Stock, Warrants or Series F Warrants, and dispose of some or all of
the shares of Common Stock, Series D Preferred Stock, Series E Preferred Stock,
Series F Preferred Stock, Warrants and/or Series F Warrants owned by them. None
of the Reporting Persons has any other plans which relate to or would result in
any of the items listed in paragraphs (a) through (j) of Item 4.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated in its entirety as
follows:
(a) As of April 1, 2005, the Reporting Persons own of record the following
securities of the Company:
(i) GA owns of record, no shares of Common Stock, no shares of Series D
Preferred Stock, no shares of Series E Preferred Stock, no shares of Series F
Preferred Stock, no Warrants to purchase shares of Common Stock and no Series F
Warrants to purchase shares of Series F Preferred Stock, or 0.0% of the
Company's issued and outstanding shares of Common Stock;
(ii) GAP 74 owns of record 2,091,218 shares of Series D Preferred Stock
convertible into 25,287,499 shares of Common Stock, 6,070,185 shares of Series E
Preferred Stock convertible into 6,323,235 shares of Common Stock, Warrants to
purchase 513,468 shares of Common Stock, and Series F Warrants to purchase
146,613 shares of Series F Preferred Stock convertible into 1,466,130 shares of
Common Stock or 48.1% of the Company's issued and outstanding shares of Common
Stock;
(iii) GapStar owns of record 159,091 shares of Series D Preferred Stock
convertible into 1,923,626 shares of Common Stock, 466,928 shares of Series E
Preferred Stock convertible into 486,393 shares of Common Stock, Warrants to
purchase 39,062 shares of Common Stock, and Series F Warrants to purchase 11,359
shares of Series F Preferred Stock convertible into 113,590 shares of Common
Stock or 3.7% of the Company's issued and outstanding shares of Common Stock;
(iv) GAPCO owns of record 295,146 shares of Series D Preferred Stock convertible
into 3,569,010 shares of Common Stock, 783,036 shares of Series E Preferred
Stock convertible into 815,678 shares of Common Stock, Warrants to purchase
72,469 shares of Common Stock, and Series F Warrants to purchase 18,526 shares
of Series F Preferred Stock convertible into 185,260 shares of Common Stock or
6.7% of the Company's issued and outstanding shares of Common Stock;
(v) KG owns of record no shares of Series D Preferred Stock, 13,183 shares of
Series E Preferred Stock convertible into 13,732 shares of Common Stock, no
Warrants to purchase shares of Common Stock and Series F Warrants to purchase
286 shares of Series F Preferred Stock convertible into 2,860 shares of Common
Stock, or 0.1% of the Company's issued and outstanding shares of Common Stock;
and
(vi) GmbH Management owns of record no shares of Series D Preferred Stock, no
shares of Series E Preferred Stock and no Warrants to purchase shares of Common
Stock and no Series F Warrants to purchase shares of Series F Preferred Stock,
or 0.0% of the Company's issued and outstanding shares of Common Stock.
By virtue of the fact that (i) GA is the general partner of GAP 74 and the sole
member of GapStar, (ii) the GA Managing Members (other than certain GA Managing
Members) are also the general partners authorized and empowered to vote and
dispose of the securities held by GAPCO and (iii) the GA Managing Members are
authorized and empowered to vote and dispose of the securities owned by KG and
GmbH Management, the Reporting Persons may be deemed to share voting power and
the power to direct the disposition of the shares of Common Stock underlying the
Series D Preferred Stock, the Series E Preferred Stock, the Series F Preferred
Stock and the Warrants and to share voting power and the power to direct the
disposition of the Series F Warrants which each owns of record. As of April 1,
2005, each of the Reporting Persons may be deemed to own beneficially an
aggregate of 40,812,012 shares of Common Stock on an as converted basis as
applicable, or 58.4 % of the Company's issued and outstanding shares of Common
Stock on an as converted or exercised basis, as applicable.
(b) Each of the Reporting Persons has the shared power to direct the vote and
the shared power to direct the disposition of the 40,812,012 shares of Common
Stock that may be deemed to be owned beneficially by each of them.
--------------------- ---------------------
22674V100 Page 10 of 12
--------------------- ---------------------
(c) As more fully described in Item 3 above, on March 29, 2005, the GAP
Purchasers, pursuant to the Note and Warrant Purchase Agreement, purchased the
Additional Notes and the Series F Warrants. Except as set forth herein, to the
knowledge of the Reporting Persons with respect to the persons named in response
to paragraph (a), none of the persons named in response to paragraph (a) has
effected any transactions in any shares of Common Stock, Series D Preferred
Stock, Series E Preferred Stock, Series F Preferred Stock, Warrants or Series F
Warrants in the past 60 days.
(d) No person other than the persons listed is known to have the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, any securities owned by any member of the group.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIP WITH RESPECT TO
THE ISSUER.
Unchanged.
--------------------- ---------------------
22674V100 Page 11 of 12
--------------------- ---------------------
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Exhibit 1: Agreement relating to the filing of joint acquisition
statements as required by Rule 13d-1(k) (1) under the Securities
Exchange Act of 1934, as amended.
Exhibit 2: Power of Attorney, dated January 4, 2005
appointing Thomas J. Murphy, Attorney-in-Fact
for GA.
Exhibit 3: Power of Attorney, dated January 4, 2005
appointing Thomas J. Murphy, Attorney-in-Fact
for GAPCO.
--------------------- ---------------------
22674V100 Page 12 of 12
--------------------- ---------------------
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 April 1, 2005
GENERAL ATLANTIC LLC
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GENERAL ATLANTIC PARTNERS 74, L.P.
By: General Atlantic Partners LLC,
Its general partner
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GAPSTAR, LLC
By: General Atlantic LLC,
Its sole member
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GAP COINVESTMENT PARTNERS II, L.P.
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GAPCO GMBH & CO. KG
By: GAPCO MANAGEMENT GmbH,
its general partner
By: /s/ Matthew Nimetz
------------------------------
Name: Matthew Nimetz
Title: Managing Director
GAP MANAGEMENT GMBH
By: /s/ Matthew Nimetz
------------------------------
Name: Matthew Nimetz
Title: Managing Director
EX-99
2
ex1_sc13da3-cpi.txt
EXHIBIT 1
EXHIBIT 1
to SCHEDULE 13D
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13D-(k) (1)
The undersigned acknowledge and agree that the foregoing statement
on Schedule 13D is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13D shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him, her or it contained herein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is accurate.
Dated April 1, 2005
GENERAL ATLANTIC LLC
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GENERAL ATLANTIC PARTNERS 74, L.P.
By: General Atlantic Partners LLC,
Its general partner
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GAPSTAR, LLC
By: General Atlantic LLC,
Its sole member
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GAP COINVESTMENT PARTNERS II, L.P.
By: /s/ Thomas J Murphy
------------------------------
Name: Thomas J.Murphy
Title: Attorney-in-Fact
GAPCO GMBH & CO. KG
By: GAPCO MANAGEMENT GmbH,
its general partner
By: /s/ Matthew Nimetz
------------------------------
Name: Matthew Nimetz
Title: Managing Director
GAP MANAGEMENT GMBH
By: /s/ Matthew Nimetz
------------------------------
Name: Matthew Nimetz
Title: Managing Director
EX-24
3
ex2_sc13da3-cpi.txt
EXHIBIT 2
EXHIBIT 2
To SCHEDULE 13D
GENERAL ATLANTIC PARTNERS, LLC
3 Pickwick Plaza
Greenwich, CT 06830
January 4, 2005
POWER OF ATTORNEY
The undersigned, General Atlantic Partners, LLC, a Delaware limited liability
company, with its principal office at 3 Pickwick Plaza, Greenwich, Connecticut,
United States of America (the "Limited Liability Company"), by its Executive
Managing Member, Steven A. Denning, a U.S. citizen, of full legal age, hereby
constitutes and appoints Thomas J. Murphy, a U.S. citizen, of full legal age,
its true and lawful attorney-in-fact and agent, in any and all capacities, to
execute and deliver any and all documents and instruments and to make any
governmental filings on behalf of the Limited Liability Company as fully to all
intents and purposes as a Managing Member of the Limited Liability Company might
or could do in person, hereby ratifying and confirming all that said
attorney-in-fact may lawfully do or cause to be done. This power of attorney
shall expire on January 6, 2006.
GENERAL ATLANTIC PARTNERS, LLC
By: /s/ Steven A. Denning
--------------------------------
Steven A. Denning
Executive Managing Member
STATE OF CONNECTICUT )
: ss.
COUNTY OF FAIRFIELD )
On the 4th day of January 2005, before me personally came Steven A. Denning, to
me known, and known to me to be the individual described in, and who executed
the foregoing document, and he acknowledged to me that he executed the same.
/s/ Natalie J. Wagner
-----------------------------
Notary Public
EX-24
4
ex3_sc13da3-cpi.txt
EXHIBIT 3
EXHIBIT 3
To SCHEDULE 13D
GAP COINVESTMENT PARTNERS II, L.P.
3 Pickwick Plaza
Greenwich, CT 06830
January 4, 2005
POWER OF ATTORNEY
The undersigned, GAP Coinvestment Partners II, L.P., a Delaware limited
partnership, with its principal office at 3 Pickwick Plaza, Greenwich,
Connecticut, United States of America (the "Partnership"), by its Managing
General Partner, Steven A. Denning, a U.S. citizen, of full legal age, hereby
constitutes and appoints Thomas J. Murphy, a U.S. citizen, of full legal age,
its true and lawful attorney-in-fact and agent, in any and all capacities, to
execute and deliver any and all documents and instruments and to make any
governmental filings on behalf of the Partnership as fully to all intents and
purposes as a General Partner of the Partnership might or could do in person,
hereby ratifying and confirming all that said attorney-in-fact may lawfully do
or cause to be done. This power of attorney shall expire on January 6, 2006.
GAP COINVESTMENT PARTNERS II, L.P.
By: /s/ Steven A. Denning
--------------------------------
Steven A. Denning
Executive Managing Member
STATE OF CONNECTICUT )
: ss.
COUNTY OF FAIRFIELD )
On the 4th day of January 2005, before me personally came Steven A. Denning, to
me known, and known to me to be the individual described in, and who executed
the foregoing document, and he acknowledged to me that he executed the same.
/s/ Natalie J. Wagner
---------------------------
Notary Public