UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
-----------------------
PROBUSINESS SERVICES, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.001 PER SHARE
(Title of Class of Securities)
742674104
(CUSIP Number)
------------------
MATTHEW NIMETZ
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)
-----------------------
AUGUST 1, 2000
(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).
================================================================================
<PAGE>
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742674104 PAGE 2 OF 17 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners, 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
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 3 OF 17 PAGES
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 39, 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
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 4 OF 17 PAGES
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 59, 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
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 5 OF 17 PAGES
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--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 70, 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
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 6 OF 17 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAP Coinvestment Partners, 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
New York
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 7 OF 17 PAGES
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1 NAME OF REPORTING PERSON
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
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 8 OF 17 PAGES
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1 NAME OF REPORTING PERSON
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
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED 8 SHARED VOTING POWER
BY EACH REPORTING
PERSON 4,306,274
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,306,274
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,306,274
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
<PAGE>
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742674104 PAGE 9 OF 17 PAGES
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Item 1. SECURITY AND ISSUER.
This Amendment No. 1 ("Amendment No. 1) to Schedule 13D is
filed by the undersigned to amend and supplement the Schedule 13D, dated as of
December 23, 1999 (the "Original 13D") with respect to the shares of Common
Stock, par value $.001 per share (the "Common Stock") of ProBusiness Services,
Inc., a Delaware corporation (the "Company"). The address of the principal
executive offices of the Company is 4125 Hopyard Road, Pleasanton, CA 94588.
Capitalized terms used herein and not otherwise defined shall
have the meanings set forth in the Original 13D.
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 members of the group are General Atlantic Partners, LLC, a Delaware
limited liability company ("GAP"), General Atlantic Partners 39, L.P., a
Delaware limited partnership ("GAP 39"), General Atlantic Partners 59, L.P., a
Delaware limited partnership ("GAP 59"), General Atlantic Partners 70, L.P., a
Delaware limited partnership ("GAP 70"), GAP Coinvestment Partners, L.P., a New
York limited partnership ("GAPCO"), GAP Coinvestment Partners II, L.P., a
Delaware limited partnership ("GAPCO II") and GapStar, LLC, a Delaware limited
liability company ("GapStar" and, collectively with GAP, GAP 39,
<PAGE>
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742674104 PAGE 10 OF 17 PAGES
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GAP 59, GAP 70, GAPCO and GAPCO II, the "Reporting Persons"), all of which are
located at 3 Pickwick Plaza, Greenwich, Connecticut 06830. 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 39, GAP 59 and GAP
70 is GAP. GAP is also the Managing Member of GapStar. The managing members of
GAP are Steven A. Denning, Peter L. Bloom, David C. Hodgson, William O. Grabe,
William E. Ford, Clifton S. Robbins, Matthew Nimetz, Franchon M. Smithson, Mark
Dzialga, Rene M. Kern, and John Wong (collectively, the "GAP Managing Members").
David Hodgson is a director of the Company. The GAP Managing Members are also
the general partners of GAPCO and GAPCO II. The business address of each of the
GAP Managing Members is 3 Pickwick Plaza, Greenwich, Connecticut 06830, and the
present principal occupation or employment of each of the GAP Managing Members
is as a managing member of GAP. Each of the GAP Managing Members, other than
Messrs. Kern and Wong, is a citizen of the United States. Mr. Kern is a citizen
of Germany and Mr. Wong is a citizen of Singapore.
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 which resulted in such Reporting Person or individual being subject
to a 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.
<PAGE>
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742674104 PAGE 11 OF 17 PAGES
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Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended and supplemented by the addition of
the following:
This Amendment No. 1 is being filed as a result of GAP 70,
GAPCO II and GapStar entering into a Stock Purchase Agreement, dated as of
August 1, 2000 (the "Agreement"), with the Company pursuant to which GAP 70,
GAPCO II and GapStar agreed to purchase from the Company 1,132,075 shares of the
Company's 6.9% Senior Convertible Preferred Stock, par value $.001 per share
(the "Preferred Stock"). The shares of Preferred Stock are currently convertible
into the Company's Common Stock on a one-for-one basis. The Agreement provided
for a per share purchase price of $26.50, resulting in an aggregate purchase
price of $29,999,987.50. See Item 6 below for a more complete description of the
Agreement.
The source of the funds was contributions from the partners of
GAPCO II and GAP 70 and advances under an existing credit facility for GapStar.
Item 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended and restated in its entirety as
follows:
The Reporting Persons acquired the shares of Preferred Stock
for investment purposes and the Reporting Persons hold the shares of Common
Stock and Preferred Stock, as the case may be, for investment purposes. From
time to time the Reporting Persons may acquire additional shares of Common
Stock, convert shares of Preferred Stock into shares of Common Stock or dispose
of some or all of the shares of
<PAGE>
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742674104 PAGE 12 OF 17 PAGES
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Preferred Stock or Common Stock 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 the date hereof, GAP, GAP 39, GAP 59 and GAPCO each
owns of record no shares of Common Stock, 1,851,009 shares of Common Stock, no
shares of Common Stock and 323,190 shares of Common Stock, respectively, or
0.0%, 7.5%, 0.0% and 1.3%, respectively, of the Company's issued and outstanding
shares of Common Stock. In addition, as of the date hereof, GAP 70 owns 915,515
shares of Preferred Stock convertible into 915,515 shares of Common Stock, GAPCO
II owns 145,805 shares of Preferred Stock convertible into 145,805 shares of
Common Stock and GapStar owns 70,755 shares of Preferred Stock convertible into
70,755 shares of Common Stock, respectively, or 3.7%, 0.1% and 0.0%,
respectively, of the Company's issued and outstanding Common Stock.
By virtue of the fact that (i) the Reporting Persons
beneficially own 50% of the membership interests of InterPro Holdings and may
designate 50% of the managers of the Board of Managers of InterPro Holdings and
(ii) the GAP Managing Members are also the general partners authorized and
empowered to vote and dispose of the securities held by GAPCO, GAPCO II and
GapStar, and that GAP is the general partner of GAP 39, GAP 59 and GAP 70, the
Reporting Persons may be deemed to share voting power and the power to direct
the disposition of the shares of Common Stock owned by each of the Reporting
Persons
<PAGE>
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742674104 PAGE 13 OF 17 PAGES
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and InterPro Holdings. Accordingly, as of August 1, 2000, each of the Reporting
Persons may be deemed to own beneficially an aggregate of 4,306,274 shares of
Common Stock or 17.4% of the Company's issued and outstanding shares of Common
Stock.
(b) Each of the Reporting Persons has the shared power to
direct the vote and the shared power to direct the disposition of the 4,306,274
shares of Common Stock that may be deemed to be owned beneficially by each of
them.
(c) 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 shares of Common Stock during 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 SECURITIES OF THE ISSUER.
Item 6 is hereby amended and supplemented by the addition of
the following:
As noted above, the GAP Managing Members are the partners
authorized and empowered to vote and dispose of the securities held by GAPCO,
GAPCO II and GapStar, and GAP is the partner authorized and empowered to vote
the dispose of the securities held by GAP 39, GAP 59 and GAP 70. Accordingly,
GAP and the GAP Managing
<PAGE>
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742674104 PAGE 14 OF 17 PAGES
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Members may, from time to time, consult among themselves and coordinate the
voting and disposition of the Company's shares of Common Stock as well as such
other action taken on behalf of the Reporting Persons with respect to the
Company's shares of Common Stock as they deem to be in the collective interest
of the Reporting Persons.
On August 1, 2000, GAP 70, GAPCO II and GapStar entered into
the Agreement pursuant to which the Company issued and sold to GAP 70, GAPCO II
and GapStar an aggregate of 1,132,075 shares of its Preferred Stock, having
rights, privileges and preferences as set forth in the Certificate of the
Powers, Designations, Preferences and Rights filed with the State of Delaware
(the "Certificate"). Each share of Preferred Stock is convertible at any time at
the option of the holder or, subject to certain terms and conditions, at the
option of the Company, into one share of Common Stock, subject to certain
adjustments. The price per share for the Preferred Stock was $26.50 resulting in
an aggregate purchase price of $29,999,987.50.
In connection with the closing under the Agreement, the
Company, GAP 39, GAP 70, GAPCO, GAPCO II and GapStar entered into an Amendment
to the Amended and Restated Registration Rights Agreement, dated as of August 1,
2000 (the "Registration Rights Agreement"). Pursuant to the Registration Rights
Agreement, the Company has agreed to use its reasonably commercial best efforts,
as soon as practicable following the conversion of the Preferred Stock into
shares of Common Stock (the "Conversion Stock"), to register for sale pursuant
to a shelf registration statement filed under
<PAGE>
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742674104 PAGE 15 OF 17 PAGES
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the Securities Act of 1933, as amended, the Conversion Stock acquired by GAP 70,
GAPCO II and GapStar, at the expense of the Company.
The foregoing summaries of the Agreement, the Registration
Rights Agreement and the Certificate are qualified in their entirety by
reference to Exhibits 2, 3 and 4 which are incorporated herein by reference.
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: Stock Purchase Agreement, dated August 1, 2000,
among the Company, GAPCO II, GAP 70 and GapStar.
Exhibit 3: Certificate of Powers, Designations, Preferences
and Rights of the Preferred Stock.
Exhibit 4: Amendment to Amended and Restated Registration
Rights Agreement, dated August 1, 2000, among the
Company and the Reporting Persons.
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 as of August 3, 2000.
GENERAL ATLANTIC PARTNERS, LLC
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
<PAGE>
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742674104 PAGE 16 OF 17 PAGES
------------------------ -------------------------
GENERAL ATLANTIC PARTNERS 39, L.P.
By: General Atlantic Partners, LLC,
Its General Partner
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
GENERAL ATLANTIC PARTNERS 59, L.P.
By: General Atlantic Partners, LLC,
Its General Partner
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
GENERAL ATLANTIC PARTNERS 70, L.P.
By: General Atlantic Partners, LLC,
Its General Partner
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
GAP COINVESTMENT PARTNERS, L.P.
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
<PAGE>
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742674104 PAGE 16 OF 17 PAGES
------------------------ -------------------------
GAP COINVESTMENT PARTNERS II, L.P.
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
GAPSTAR, LLC
By: General Atlantic Partners, LLC,
Its General Partner
By: /s/ Thomas J. Murphy
-------------------------
Name: Thomas J. Murphy
Title: Attorney-In-Fact
