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UNITED STATES ----------------------------
SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 ----------------------------
OMB Number: 3235-0145
Expires: August 31, 1999
Estimated average burden
hours per response....14.90
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Siebel Systems, Inc.
---------------------------------------------------------
(Name of Issuer)
Common Stock
---------------------------------------------------------
(Title of Class of Securities)
826170102
---------------------------------------------------------
(CUSIP Number)
December 31, 1999
---------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 9
<PAGE>
- --------------------- ------------------
CUSIP NO. 826170102 Page 2 of 9 Pages
- --------------------- ------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Thomas M. Siebel
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
USA
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
30,078,938/(1)/
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
30,078,938/(1)/
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
30,078,938/(1)/
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
14.9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
(1) Includes 21,453,741 shares held by Thomas M. Siebel, Trustee or Successor
Trustee of the Siebel Living Trust u/a/d 7/27/93, 1,174,952 shares held by
Siebel Asset Management L.P., 250,000 shares held by First Virtual Capital Inc.
and 245 shares held by Hunter Rose Siebel Irrevocable Trust. Also includes
7,200,000 shares issuable pursuant to options exercisable within 60 days of
December 31, 1999.
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 9
<PAGE>
- ---------------------- --------------------
CUSIP NO. 826170102 13G Page 3 of 9 Pages
- ---------------------- --------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Thomas M. Siebel, Trustee of Successor Trustee of the Siebel Living Trust
u/a/d 7/27/93
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a)
(b)
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
21,453,741
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
21,453,741
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
21,453,741
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.0%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 9
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 826170102 13G Page 4 of 9 Pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Siebel Asset Management, L.P.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a)
(b)
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
1,174,952
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,174,952
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,174,952
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
.60%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 9
<PAGE>
- --------------------------------------------------------------------------------
CUSIP NO. 826170102 13G Page 5 of 9 Pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
First Virtual Capital Inc.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a)
(b)
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Nevada
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
250,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 250,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
250,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
.12%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 9
<PAGE>
- --------------------------------------------------------------------------------
CUSIP NO. 826170102 13G Page 6 of 9 Pages
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Thomas M. Siebel, Trustee of the Hunter Rose Siebel Irrevocable Trust
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a)
(b)
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
245
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 245
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
245
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
.00%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
OO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 6 of 9
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Item 1.
(a) Name of Issuer: Siebel Systems, Inc.
(b) Address of Issuer's Principal Executive Offices:
1855 South Grant Street
San Mateo, CA 94402
Item 2.
(a) Name of Person Filing:
Thomas M. Siebel
Thomas M. Siebel, Trustee or Successor Trustee of the Siebel
Living Trust u/a/d 7/27/93 ("Trust")
Siebel Asset Management, L.P. ("SAM")
First Virtual Capital Inc. ("First Virtual")
Hunter Rose Siebel Irrevocable Trust ("Irrevocable Trust")
(b) Address of Principal Business Office or, if none, Residence
1855 South Grant Street
San Mateo, CA 94402
(c) Citizenship
Thomas M. Siebel USA
Trust California
SAM California
First Virtual Nevada
Irrevocable Trust California
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 826170102
Item 3. If this statement is filed pursuant to (S)(S)240.13d-1(b), or 240.13d-
2(b) or (c), check whether the person filing is a:
Not applicable
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
Thomas M. Siebel 30,078,938*
Trust 21,453,741
SAM 1,174,952
First Virtual 250,000
Irrevocable Trust 245
(b) Percent of Class:
Thomas M. Siebel 14.9%
Trust 11.0%
SAM 0.60%
First Virtual 0.12%
Irrevocable Trust 0.00%
Page 7 of 9
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Thomas M. Siebel 30,078,938*
Trust 21,453,741
SAM 1,174,952
First Virtual 250,000
Irrevocable Trust 245
(ii) Shared power to vote or to direct the vote:
Thomas M. Siebel 0
Trust 0
SAM 0
First Virtual 0
Irrevocable Trust 0
(iii) Sole power to dispose or to direct the disposition of:
Thomas M. Siebel 30,078,938*
Trust 21,453,741
SAM 1,174,952
First Virtual 250,000
Irrevocable Trust 245
(iv) Shared power to dispose or to direct the disposition of:
Thomas M. Siebel 0
Trust 0
SAM 0
First Virtual 0
Irrevocable Trust 0
(1) Includes 21,453,741 shares held by Thomas M. Siebel, Trustee or Successor
Trustee of the Siebel Living Trust u/a/d 7/27/93, 1,174,952 shares held by
Siebel Asset Management L.P., 250,000 shares held by First Virtual Capital Inc.
and 245 shares held by Hunter Rose Siebel Irrevocable Trust. Also includes
7,200,000 shares issuable pursuant to options exercisable within 60 days of
December 31, 1999.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [_].
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Under certain circumstances set forth in the partnership agreement of SAM,
the general and/or limited partners of SAM have the right to receive dividends
from, or proceeds from the sale of, the Common Stock of the Issuer beneficially
owned by SAM.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not applicable.
Page 8 of 9
<PAGE>
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of a Group
Not applicable.
Item 10. Certification
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 10, 2000
----------------------------------------
Date
/s/ Thomas M. Siebel
-----------------------------------------
Signature
Thomas M. Siebel
------------------------------------------
Thomas M. Siebel, Trustee or Successor
Trustee of the Siebel Living Trust u/a/d 7/27/93
/s/ Thomas M. Siebel
-------------------------------------------
Thomas M. Siebel, Trustee
Siebel Asset Management, L.P.
/s/ Thomas M. Siebel
--------------------------------------------
Thomas M. Siebel, General Partner
First Virtual Capital Inc.
/s/ Thomas M. Siebel
---------------------------------------------
Thomas M. Siebel, President
Thomas M. Siebel, Trustee of the Hunter Rose
Siebel Irrevocable
/s/ Thomas M. Siebel
---------------------------------------------
Thomas M. Siebel, Trustee
Page 9 of 9
