-----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, VkbYNAzC3hA3Y5HsIg2mPHMs7ektuquKIWEYQn9/ML0uZke5gv4mrQ4XFyoRrGx7 sbyCz4bCyFG+woNirMs0pQ== 0000927016-98-000891.txt : 19980310 0000927016-98-000891.hdr.sgml : 19980310 ACCESSION NUMBER: 0000927016-98-000891 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980309 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEWSEDGE CORP CENTRAL INDEX KEY: 0000858912 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 043016142 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-44899 FILM NUMBER: 98560405 BUSINESS ADDRESS: STREET 1: 80 BLANCHARD RD CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 6172293000 MAIL ADDRESS: STREET 1: DESKTOP DATA INC STREET 2: 80 BLANCHARD RD CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: DESKTOP DATA INC DATE OF NAME CHANGE: 19950629 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INDIVIDUAL INC CENTRAL INDEX KEY: 0001002536 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 043036959 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 8 NEW ENGLAND EXECUTIVE PK W CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 6172736000 MAIL ADDRESS: STREET 1: 8 NEW ENGLAND EXECUTIVE PK CITY: BURLINGTON STATE: MA ZIP: 01803 SC 13D/A 1 SCHEDULE 13D/A ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0145 Expires: August 31, 1999 Estimated average burden hours per response.............14.90 ------------------------------ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) (Amendment No. 1) NEWSEDGE CORPORATION (FORMERLY DESKTOP DATA, INC. ) - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 Par Value Per Share - -------------------------------------------------------------------------------- (Title of Class of Securities) 65249Q 10 6 (FORMERLY 25057H-10-1) - -------------------------------------------------------------------------------- (CUSIP Number) Lawrence S. Wittenberg Testa, Hurwitz & Thibeault, LLP High Street Tower, 125 High Street, Boston, MA 02110 (617) 248-7000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 24, 1998 - -------------------------------------------------------------------------------- (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(b)(3) or (4), check the following box [_]. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 4 Pages) - ---------------- /1/ 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 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. 65249Q-10-6 13D Page 2 of 4 Pages (formerly 25057H-10-1) - --------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Individual, Inc. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 04-3036959 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (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 State of Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 ----------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ----------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [_] SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. - --------------------- ----------------- CUSIP NO. 65249Q-10-6 (formerly 25057H-10-1) 13D Page 3 of 4 Pages - --------------------- ----------------- This Amendment No. 1 amends the Statement on Schedule 13D filed with the Securities and Exchange Commission on November 12, 1997 (the "Schedule 13D") by Individual, Inc. ("Individual") with respect to the shares of common stock, par value $0.01, (the "Issuer Common Stock") of Desktop Data, Inc., now known as NewsEDGE Corporation, (the "Issuer"). Unless otherwise defined herein, all capitalized terms shall have the meaning ascribed to them in the Schedule 13D. Item 5 of the Schedule 13D is hereby amended in its entirety to read as follows: Item 5. Interests in Securities of the Issuer The merger (the "Merger") of Individual with and into the Issuer was consummated on February 24, 1998. The Stock Option granted by the Issuer to Individual, pursuant to which Individual had the right, upon the occurrence of certain events, to purchase from the Issuer up to 1,726,398 shares of Issuer Common Stock, terminated at the effective time of the Merger. In addition, the Participation Agreement, which subjected shares of Issuer Common Stock beneficially owned by Donald L. McLagan, Barbara B. McLagan as Custodian for Marnie E. McLagan Under the Massachusetts Uniform Transfer to Minors Act, Barbara B. McLagan as Custodian for Christopher R. McLagan Under the Massachusetts Uniform Transfer to Minors Act, Edward R. Siegfried, Daniel F. X. O'Reilly, Clifford M. Pollan, A. Baron Cass, June Rokoff, Rory Cowen, Ellen Carnahan, William Blair Venture Partners III, and John L. Moss to certain voting restrictions, terminated at the effective time of the Merger. As a result of the Merger, no shares of Individual common stock, par value $0.01 per share ("Individual Common Stock"), remain outstanding. Each issued and outstanding share of Individual Common Stock was converted into one-half (1/2) of one share of Issuer Common Stock. - --------------------- ----------------- CUSIP NO. 65249Q-10-6 13D Page 4 of 4 Pages (formerly 25057H-10-1) - --------------------- ----------------- 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 24, 1998 INDIVIDUAL, INC. By: /s/ Michael E. Kolowich ----------------------------- Michael E. Kolowich President, Chairman and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----