-----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, Mo/EOv1gCJIS0/FS9wj1zd2lgo6rtxp7qFHlY+HtwnPU6tJ4cID60+whwfD6lFCH 2bfwCtG6L1M/vwui/millg== 0001005477-99-000743.txt : 19990217 0001005477-99-000743.hdr.sgml : 19990217 ACCESSION NUMBER: 0001005477-99-000743 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990216 GROUP MEMBERS: CHARLES DAVIDSON GROUP MEMBERS: INSIGHT VENTURE ASSOCIATES, LLC GROUP MEMBERS: INSIGHT VENTURE PARTNERS (CAYMAN) II, L.P. GROUP MEMBERS: INSIGHT VENTURE PARTNERS I, L.P. GROUP MEMBERS: INSIGHT VENTURE PARTNERS II, L.P. GROUP MEMBERS: JEFFREY HORING GROUP MEMBERS: JERRY MURDOCH GROUP MEMBERS: JOSEPH JACOBS GROUP MEMBERS: PETER SOBILOFF GROUP MEMBERS: RAMANAN RAGHAVENDRAN GROUP MEMBERS: WEXFORD MANAGEMENT LLC GROUP MEMBERS: WEXFORD MANAGEMENT, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXCHANGE APPLICATIONS INC CENTRAL INDEX KEY: 0001065857 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 043338916 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-55833 FILM NUMBER: 99543465 BUSINESS ADDRESS: STREET 1: 89 SOUTH STREET CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 6177372244 MAIL ADDRESS: STREET 1: 89 SOUTH STREET CITY: BOSYON STATE: MA ZIP: 02111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEXFORD MANAGEMENT LLC CENTRAL INDEX KEY: 0001048462 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061442624 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038627000 MAIL ADDRESS: STREET 1: 411 W PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Rule 13d-102 Under the Securities Exchange Act of 1934 (Amendment No._____)* Exchange Applications, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 300867 - -------------------------------------------------------------------------------- (CUSIP Number) December 9, 1998 - -------------------------------------------------------------------------------- (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). CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON InSight Venture Associates II, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 581,977 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 581,977 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON InSight Venture Associates, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 2,975,806 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,975,806 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON InSight Venture Partners I, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,209,054 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 3,557,783 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 1,209,054 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,557,783 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Insight Capital Partners II, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 520,779 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 3,557,783 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 520,779 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,557,783 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON InSight Capital Partners (Cayman) II, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 61,198 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 3,557,783 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 61,198 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,557,783 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Wexford InSight LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Wexford Insight LLC is organized under the laws of the State of Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,766,752 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 3,557,783 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 1,766,752 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,557,783 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ramanan Raghavendran - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 581,977 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 581,977 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jeffrey Horing - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 3,557,783 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,557,783 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter Sobiloff - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 581,977 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 581,977 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Jerry Murdoch - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 3,557,783 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,557,783 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Joseph Jacobs - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 1,766,752 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,766,752 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Charles Davidson - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 1,766,752 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,766,752 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 300867 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Wexford Management, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Wexford Management, LLC. is organized under the laws of the State of Connecticut - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 1,766,752 REPORTING -------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,766,752 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,557,783 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 36.58% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. (a) Exchange Applications, Inc. (b) 89 South Street, Boston, MA 02111 Item 2. (a) InSight Venture Associates, LLC (b) 122 East 42nd Street, New York, NY 10168 (c) Delaware (d) Common Stock (e) 300867 Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b), or ss.ss.240.13d-2(b) or (c), check whether the person filing is a: N/A 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 2,975,806 (iii) 0 (iv) 2,975,806 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. Item 5. Ownership of Five Percent or Less of a Class N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company N/A. Item 8. Identification and Classification of Members of the Group InSight Venture Associates, LLC is the general partner of InSight Venture Partners I, L.P. InSight Venture Associates II, LLC is the General Partner of InSight Capital Partners II, L.P. and InSight Capital Partners (Cayman) II, L.P. Wexford Management LLC is the managing member of Wexford InSight LLC. InSight Venture Associates, LLC also controls the voting of the shares held by Wexford InSight LLC by virtue of a consulting agreement between InSight Venture Management Inc. and Wexford InSight LLC. Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of InSight Venture Associates II, LLC. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC. Item 9. Notice of Dissolution of Group N/A Item 10. Certification N/A 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. /s/ Jeffrey Horing ----------------------------------------- Name: Jeffrey Horing Title: Managing Member Date: February 11, 1999 InSight Venture Partners I, L.P. Item 2. (a) InSight Venture Partners I, L.P. (b) 122 East 42nd Street, New York, NY 10168 (c) Delaware (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 1,209,054 (ii) 3,557,783 (iii) 1,209,054 (iv) 3,557,783 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Jeffrey Horing ----------------------------------------- Name: Jeffrey Horing Title: Managing Member, InSight Venture Associates, LLC its General Partner Date: February 11, 1999 InSight Capital Partners II, L.P. Item 2. (a) InSight Capital Partners II, L.P. (b) 122 East 42nd Street, New York, NY 10168 (c) Delaware (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 520,779 (ii) 3,557,783 (iii) 520,779 (iv) 3,557,783 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Ramanan Raghavendran ----------------------------------------- Name: Ramanan Raghavendran Title: Managing Member, InSight Venture Associates II, LLC its General Partner Date: February 11, 1999 InSight Capital Partners (Cayman) II, L.P. Item 2. (a) InSight Capital Partners (Cayman) II, L.P. (b) 122 East 42nd Street, New York, NY 10168 (c) Delaware (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 61,198 (ii) 3,557,783 (iii) 61,198 (iv) 3,557,783 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Ramanan Raghavendran ----------------------------------------- Name: Ramanan Raghavendran Title: Managing Member, InSight Venture Associates II, LLC its General Partner Date: February 11, 1999 Wexford InSight LLC Item 2. (a) Wexford InSight LLC (b) 411 West Putnam Avenue, Suite 125, Greenwich, CT 06830 (c) Delaware (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 1,766,752 (ii) 3,557,783 (iii) 1,766,752 (iv) 3,557,783 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Arthur Amron ----------------------------------------- Name: Arthur Amron Title: Senior Vice President Date: February 11, 1999 Wexford Management LLC Item 2. (a) Wexford Management LLC (b) 411 West Putnam Avenue, Suite 125, Greenwich, CT 06830 (c) Connecticut (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 1,766,752 (iii) 0 (iv) 1,766,752 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Arthur Amron ----------------------------------------- Name: Arthur Amron Title: Senior Vice President Date: February 11, 1999 Charles Davidson Item 2. (a) Charles Davidson (b) 411 West Putnam Avenue, Suite 125, Greenwich, CT 06830 (c) United States of America (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 1,766,752 (iii) 0 (iv) 1,766,752 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Charles Davidson ----------------------------------------- Name: Charles Davidson Date: February 11, 1999 Joseph Jacobs Item 2. (a) Joseph Jacobs (b) 411 West Putnam Avenue, Suite 125, Greenwich, CT 06830 (c) United States of America (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 1,766,752 (iii) 0 (iv) 1,766,752 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. /s/ Joseph Jacobs ----------------------------------------- Name: Joseph Jacobs Date: February 11, 1999 Jeffrey Horing Item 2. (a) Jeffrey Horing (b) 122 East 42nd Street, New York, NY 10168 (c) United States of America (d) Common Stock (e) 300867 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) 3,557,7831 (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 3,557,783 (iii) 0 (iv) 3,557,783 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. Date: February 11, 1999 /s/ Jeffrey Horing ----------------------------------------- Signature: Jeffrey Horing Ramanan Raghavendran Item 2. (a) Ramanan Raghavendran (b) 122 East 42nd Street, New York, NY 10168 (c) United States of America (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 581,977 (iii) 0 (iv) 581,977 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. Date: February 11, 1999 /s/ Ramanan Raghavendran ----------------------------------------- Signature: Ramanan Raghavendran InSight Venture Associates II, LLC Item 2. (a) InSight Venture Associates II, LLC (b) 122 East 42nd Street, New York, NY 10168 (c) Delaware (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 581,977 (iii) 0 (iv) 581,977 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing is a managing member of InSight Venture Associates LLC, and as such he may be deemed to be the beneficial owner of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran is a managing member of Insight Venture Associates II, LLC and as such he may be deemed to be the beneficial owner of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. 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. Date: February 11, 1999 /s/ Ramanan Raghavendran ----------------------------------------- Name: Ramanan Raghavendran Title: Managing Member Jerry Murdoch Item 2. (a) Jerry Murdoch (b) 122 East 42nd Street, New York, NY 10168 (c) United States of America (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 3,557,783 (iii) 0 (iv) 3,557,783 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. Date: February 11, 1999 /s/ Jerry Murdoch ----------------------------------------- Signature: Jerry Murdoch Peter Sobiloff Item 2. (a) Peter Sobiloff (b) 122 East 42nd Street, New York, NY 10168 (c) United States of America (d) Common Stock (e) 300867 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) 3,557,783(1) (b) 36.58% (c) Number of shares as to which such person has: (i) 0 (ii) 581,977 (iii) 0 (iv) 581,977 (1) Includes 1,209,054 shares held by InSight Venture Partners, L.P., 520, 779 held by InSight Capital Partners II, L.P. and 61,198 shares held by InSight Capital Partners (Cayman) II, L.P. Also includes 1,766,752 shares held by Wexford InSight LLC. Pursuant to a consulting Agreement dated as of June 1, 1996 between InSight Venture Management Inc. and Wexford InSight LLC, InSight Venture Partners I, L.P. may vote all of the shares held by Wexford InSight LLC for certain matters until six months after the completion of the initial public offering. As a result, InSight Venture Associates, LLC and its affiliates may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. In addition, Jeffrey Horing and Jerry Murdoch are managing members of InSight Venture Associates LLC and InSight Venture Associates II, LLC, and as such may be deemed to be the beneficial owners of all the shares held by InSight Venture Partners I, L.P., InSight Capital Partners II, L.P., InSight Capital Partners (Cayman) II, L.P. and Wexford InSight LLC. Ramanan Raghavendran and Peter Sobiloff are managing members of Insight Venture Associates II, LLC and as such may be deemed to be the beneficial owners of all the shares held by InSight Capital Partners II, L.P. and Insight Capital Partners (Cayman) II, L.P. Joseph Jacobs and Charles Davidson are the managing members of Wexford Management LLC, and as such may be deemed to be the beneficial owners of all the shares held by Wexford InSight LLC. 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. Date: February 11, 1999 /s/ Peter Sobiloff ----------------------------------------- Signature: Peter Sobiloff -----END PRIVACY-ENHANCED MESSAGE-----