UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Aspect Development, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
045234101
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(CUSIP Number)
Check the following box if a fee is being paid with this statement ( ). (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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 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).
(Continued on following page(s))
Page 1 of 7 Pages
<PAGE>
SCHEDULE 13G
CUSIP NO. 045234101
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. ABOVE PERSON
Cognizant Corporation 06-1450569
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5. SOLE VOTING POWER
SHARES 269,865
-----------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 324,291
EACH -----------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 269,865
WITH -----------------------------------------
8. SHARED DISPOSITIVE POWER
324,291
-----------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
594,156
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* ( )
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.76%
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12. TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP NO. 045234101
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. ABOVE PERSON
Cognizant Enterprises, Inc. 13-3528119
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
-----------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 324,291
EACH -----------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON -0-
WITH -----------------------------------------
8. SHARED DISPOSITIVE POWER
324,291
-----------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
324,291
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* ( )
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)2.6%
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12. TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
ITEM 1 (a). NAME OF ISSUER Aspect Development, Inc.
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ITEM 1 (b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
1300 Charleston Road, Mountain View, CA 94943
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ITEM 2 (a). NAME OF PERSON FILING
Cognizant Corporation("Cognizant")and its wholly-
owned subsidiary, Cognizant Enterprises, Inc. ("CEI")
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ITEM 2 (b). ADDRESS OF PRINCIPAL BUSINESS OFFICE The principal business offices
of Cognizant and CEI are located at 200 Nyala Farms, Westport, Connecticut
06880.
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ITEM 2 (c). CITIZENSHIP
Cognizant and CEI are incorporated in the State of
Delaware
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ITEM 2 (d). TITLE OF CLASS OF SECURITIES
Common Stock
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ITEM 2 (e). CUSIP NUMBER
045234101
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ITEM 3.
Not Applicable
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ITEM 4. OWNERSHIP
The following information is provided as of July 31, 1997: (a) Amount
Beneficially Owned Cognizant is the owner of record and beneficially of
269,865 shares of Common Stock. CEI is the owner of record and beneficially
of 324,291 shares of Common Stock. Cognizant, as the owner of 100% of the
voting stock of CEI, may also be deemed to be a beneficial owner of the
shares held by CEI, for an aggregate beneficial ownership by Cognizant of
594,156 shares.
(b) Percent of Class:
Cognizant - 4.76%
CEI - 2.6%
<PAGE>
(c) NUMBER OF SHARES AS TO WHICH COGNIZANT AND CEI
HAVE:
(i) sole power to vote or to direct the vote:
Cognizant - 594,156
CEI - None
(ii) shared power to vote or to direct the vote:
Cognizant - 324,291
CEI - 324,291
(iii) sole power to dispose or to direct the
disposition of:
Cognizant - 594,156
CEI - None
(iv) shared power to dispose or to direct the
disposition of :
Cognizant - 324,291
CEI - 324,291
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF CLASS
As of the date hereof, the reporting person has
ceased to be the owner of more than five percent of the Common Stock of Aspect
Development, Inc.
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
Not applicable
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY
THE PARENT HOLDING COMPANY
See item 2 (a)
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP
Not applicable
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
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ITEM 10. CERTIFICATION
Not applicable
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SIGNATURE
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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: August 7, 1997
COGNIZANT CORPORATION
By
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Name: Kenneth S. Siegel
Title: Senior Vice President,
Secretary & General Counsel
COGNIZANT ENTERPRISES, INC.
By
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Name: Kenneth S. Siegel
Title: Secretary
