<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENT FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. )*
SNYDER COMMUNICATIONS, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Circle.Com Common Stock, Par Value $0.001 Per Share
--------------------------------------------------------------------------------
(Title of Class of Securities)
832914 20 4
--------------------------------------------------------------------------------
(CUSIP NUMBER)
Robert T. Needham, K Capital Partners, LLC
441 Stuart Street, 6th Floor
Boston, Massachusetts 02116
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 7, 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),
13d-1(f) or 13d-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-7(b) 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 and 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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Cusip No. 832914204 Page 2 of 18
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--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
K Capital Partners, LLC
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- ---------------------------------------------------------------------
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 SHARES 1,295,400
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,295,400
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,295,400
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.743%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 3 of 18
--------------------------------------------------------------------------------
--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
K Capital I, L.P.
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
--------- ---------------------------------------------------------------------
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 SHARES 32,401
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 32,401
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,401
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1440%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 4 of 18
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--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
K Capital II, L.P.
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
--------- ---------------------------------------------------------------------
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 SHARES 589,471
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 589,471
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
589,471
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.613%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 5 of 18
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--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
K Capital Offshore Master Fund (U.S. Dollar),L.P.
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
--------- ---------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) / /
--------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------- ---------------------------------------------------------------------
------------------------- ------------------ ----------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 467,291
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 467,291
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
467,291
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.072%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 6 of 18
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--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harwich Capital Partners, LLC
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- ---------------------------------------------------------------------
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 SHARES 1,295,400
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,295,400
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,295,400
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.743%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 7 of 18
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--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas Knott
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- ---------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) / /
--------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
--------- ---------------------------------------------------------------------
------------------------- ------------------ ----------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 1,295,400
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,295,400
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,295,400
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.743%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 8 of 18
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--------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Abner Kurtin
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- ---------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) / /
--------- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
--------- ---------------------------------------------------------------------
------------------------- ------------------ ----------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES 1,295,400
BENEFICIALLY ------------------ ----------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------ ----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,295,400
------------------ ----------------------------------
10 SHARED DISPOSITIVE POWER
0
-------------------------- ------------------ ----------------------------------
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,295,400
-------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.743%
-------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-------- ----------------------------------------------------------------------
<PAGE>
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Cusip No. 832914204 Page 9 of 18
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Item 1. Security and Issuer
This Report on Schedule 13D relates to shares of Circle.Com common stock,
par value $.001 per share (the "Circle.Com Common Stock"), of Snyder
Communications, Inc. (the "Company"), whose principal executive offices are
located at Two Democracy Center, 6903 Rockledge Drive, 15th Floor, Bethesda, MD
20817.
Item 2. Identity and Background
This Report is filed by K Capital I, L.P., K Capital II, L.P. and K Capital
Offshore Master Fund (U.S. Dollar), L.P. (collectively the "Partnership"); K
Capital I, L.P. and K Capital II, L.P., are each a Delaware limited partnership
having their principal place of business and executive offices at c/o K Capital
Partners, LLC, 441 Stuart Street, 6th Floor, Boston, MA 02116; K Capital
Offshore Master Fund (U.S. Dollar), L.P. is a limited partnership organized in
the Cayman Islands with a registered address at the offices of Walkers Attorneys
at Law, Walker House, P.O. Box 265, Georgetown, Grand Cayman, Cayman Islands; K
Capital Partners, LLC, a Delaware limited liability company and the sole General
Partner of the Partnership (the "General Partner") having its principal place of
business and executive offices at 441 Stuart Street, 6th Floor, Boston, MA
02116; Harwich Capital Partners, LLC, a Delaware limited liability company and
the Managing Member of the General Partner having its principal place of
business at 441 Stuart Street, 6th floor, Boston, Massachusetts 02116; and
Thomas Knott and Abner Kurtin, each of whom are the Managing Members of Harwich
Capital Partners, LLC, having its principal business address c/o K Capital
Partners, LLC, 441 Stuart Street, 6th floor, Boston, Massachusetts 02116
(collectively, the "Reporting Persons"). The principal business of each
Reporting Person is to administer, promote, manage and advise private investment
pools and any business related thereto or useful in connection therewith. K
Capital Partners, LLC is the sole general partner of the Partnership.
During the past five years or since their inception, the Reporting Persons
have not been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors), and have not been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and are not, as a
result of any such proceeding, subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to
such laws.
Mr. Knott and Mr. Kurtin are United States citizens.
Item 3. Source and Amount of Funds or Other Consideration
The source of funds for the transactions described in Item 5(c) were assets
of the Partnership and certain other managed accounts.
Item 4. Purpose of Transaction
The Partnership and certain other managed accounts acquired the Circle.Com
Common Stock described in Item 5(c) for investment purposes. None of the
Reporting Persons have any current plans or proposals which relate to or would
result in:
<PAGE>
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Cusip No. 832914204 Page 10 of 18
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a. The acquisition by any person of additional securities of the issuer, or
the disposition of securities of the issuer;
b. An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the issuer or any of
its subsidiaries;
c. A sale or transfer of a material amount of assets of the issuer or any of
its subsidiaries;
d. Any change in the present board of directors or management of the issuer,
including any plans or proposals to change the number or term of directors
or to fill any existing vacancies on the board;
e. Any material change in the present capitalization or dividend policy of the
issuer;
f. Any other material change in the issuer's business or corporate structure
including but not limited to, if the issuer is a registered closed-end
investment company, any plans or proposals to make any change in its
investment policy for which a vote is required by Section 13 of the
Investment Company Act of 1940;
g. Changes in the issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of the
issuer by any person;
h. Causing a class of securities of the issuer to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities
association;
i. A class of equity securities of the issuer becoming eligible for
termination of registration pursuant to Section 1(g)(4) of the Securities
Exchange Act of 1934; or
j. Any action similar to any of those enumerated above.
The Reporting Persons believe that the market price of the Company's
Circle.Com Common Stock does not fully reflect the potential value of such
shares. The Reporting Persons currently have no specific plans or
proposals. There can be no assurance that any specific plans or proposals
will be identified or proposed and if identified or proposed, will be
successful in realizing such potential value.
<PAGE>
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Cusip No. 832914204 Page 11 of 18
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Item 5. Interest in Securities of the Issuer
a. As of August 10, 2000, the Reporting Persons may be deemed to
beneficially own 1,295,400 shares of Circle.Com Common Stock of the
Company. Based upon their being 22,556,546 shares of Circle.Com Common
Stock outstanding, the shares of Circle.Com Common Stock which the
Reporting Persons may be deemed to beneficially own represents
approximately 5.743% of the outstanding shares of Circle.Com Common
Stock of the Company.
b. In accordance with the Agreement of Limited Partnership, the General
Partner has the sole power to vote and the sole power to dispose of
the shares of Circle.Com Common Stock of the Company held by the
Partnership.
c. The Reporting Persons have made the following purchases of shares of
Circle.Com Common Stock:
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
K Capital I, L.P.
--------------------- ------------------ ------------------ ---------------------
Transaction Date # of Shares Price Per Share Aggregate Purchase
Price
--------------------- ------------------ ------------------ ---------------------
<S> <C> <C> <C>
6/1/00 253 $ 3.57 $ 903.03
--------------------- ------------------ ------------------ ---------------------
6/5/00 365 $ 4.03 $ 1,471.61
--------------------- ------------------ ------------------ ---------------------
6/6/00 156 $ 3.99 $ 622.05
--------------------- ------------------ ------------------ ---------------------
6/20/00 313 $ 3.83 $ 1,198.13
--------------------- ------------------ ------------------ ---------------------
6/21/00 153 $ 3.61 $ 552.71
--------------------- ------------------ ------------------ ---------------------
6/22/00 278 $ 3.77 $ 1,048.78
--------------------- ------------------ ------------------ ---------------------
6/23/00 156 $ 3.74 $ 583.05
--------------------- ------------------ ------------------ ---------------------
6/26/00 686 $ 3.81 $ 2,614.55
--------------------- ------------------ ------------------ ---------------------
6/27/00 84 $ 3.56 $ 298.64
--------------------- ------------------ ------------------ ---------------------
7/17/00 215 $ 4.00 $ 860.00
--------------------- ------------------ ------------------ ---------------------
7/24/00 215 $ 4.00 $ 860.00
--------------------- ------------------ ------------------ ---------------------
8/7/00 3,000 $ 3.09 $ 9,281.25
--------------------- ------------------ ------------------ ---------------------
8/8/00 623 $ 3.17 $ 1,976.08
--------------------- ------------------ ------------------ ---------------------
8/9/00 1,250 $ 3.15 $ 3,941.38
--------------------- ------------------ ------------------ ---------------------
8/10/00 249 $ 3.81 $ 949.31
--------------------- ------------------ ------------------ ---------------------
8/10/00 1,494 $ 3.77 $ 5,625.84
--------------------- ------------------ ------------------ ---------------------
</TABLE>
<PAGE>
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Cusip No. 832914204 Page 12 of 18
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
K Capital II, L.P.
--------------------- ------------------ ------------------ ---------------------
Transaction Date # of Shares Price Per Share Aggregate Purchase
Price
--------------------- ------------------ ------------------ ---------------------
<S> <C> <C> <C>
6/1/00 4,285 $ 3.57 $ 15,294.45
--------------------- ------------------ ------------------ ---------------------
6/5/00 6,190 $ 4.03 $ 24,956.84
--------------------- ------------------ ------------------ ---------------------
6/6/00 2,645 $ 3.99 $ 10,546.94
--------------------- ------------------ ------------------ ---------------------
6/20/00 5,719 $ 3.83 $ 21,891.76
--------------------- ------------------ ------------------ ---------------------
6/21/00 2,592 $ 3.61 $ 9,363.60
--------------------- ------------------ ------------------ ---------------------
6/22/00 4,709 $ 3.77 $ 17,765.17
--------------------- ------------------ ------------------ ---------------------
6/23/00 2,645 $ 3.74 $ 9,885.69
--------------------- ------------------ ------------------ ---------------------
6/26/00 11,640 $ 3.81 $ 44,363.53
--------------------- ------------------ ------------------ ---------------------
6/27/00 1,531 $ 3.56 $ 5,443.01
--------------------- ------------------ ------------------ ---------------------
7/7/00 6,000 $ 3.37 $ 20,212.50
--------------------- ------------------ ------------------ ---------------------
7/10/00 10,000 $ 3.31 $ 33,125.00
--------------------- ------------------ ------------------ ---------------------
7/11/00 14,000 $ 3.35 $ 46,900.00
--------------------- ------------------ ------------------ ---------------------
7/13/00 18,000 $ 3.34 $ 60,187.50
--------------------- ------------------ ------------------ ---------------------
7/14/00 25,000 $ 3.86 $ 96,485.00
--------------------- ------------------ ------------------ ---------------------
7/17/00 4,972 $ 4.00 $ 19,888.00
--------------------- ------------------ ------------------ ---------------------
7/19/00 10,000 $ 4.00 $ 40,000.00
--------------------- ------------------ ------------------ ---------------------
7/20/00 6,500 $ 4.00 $ 26,000.00
--------------------- ------------------ ------------------ ---------------------
7/21/00 25,000 $ 4.00 $ 100,000.00
--------------------- ------------------ ------------------ ---------------------
7/24/00 4,972 $ 4.00 $ 19,888.00
--------------------- ------------------ ------------------ ---------------------
7/25/00 3,500 $ 4.00 $ 14,000.00
--------------------- ------------------ ------------------ ---------------------
7/26/00 16,700 $ 3.99 $ 66,651.37
--------------------- ------------------ ------------------ ---------------------
8/8/00 2,747 $3,17 $ 8,713.14
--------------------- ------------------ ------------------ ---------------------
8/9/00 22,805 $ 3.15 $ 71,906.45
--------------------- ------------------ ------------------ ---------------------
8/10/00 27,372 $ 3.77 $ 103,072.00
--------------------- ------------------ ------------------ ---------------------
8/10/00 4,562 $ 3.81 $ 17,392.00
--------------------- ------------------ ------------------ ---------------------
</TABLE>
<PAGE>
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Cusip No. 832914204 Page 13 of 18
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
K Capital Offshore Master Fund (U.S. Dollar), L.P.
--------------------- ------------------ ------------------ ---------------------
Transaction Date # of Shares Price Per Share Aggregate Purchase
Price
--------------------- ------------------ ------------------ ---------------------
<S> <C> <C> <C>
6/1/00 1,848 $ 3.57 $ 6,596.07
--------------------- ------------------ ------------------ ---------------------
6/5/00 2,669 $ 4.03 $ 10,760.87
--------------------- ------------------ ------------------ ---------------------
6/6/00 1,141 $ 3.99 $ 4,549.74
--------------------- ------------------ ------------------ ---------------------
6/20/00 2,971 $ 3.83 $ 11,372.69
--------------------- ------------------ ------------------ ---------------------
6/21/00 1,118 $ 3.61 $ 4,038.78
--------------------- ------------------ ------------------ ---------------------
6/22/00 2,030 $ 3.77 $ 7,658.38
--------------------- ------------------ ------------------ ---------------------
6/23/00 1,141 $ 3.74 $ 4,264.49
--------------------- ------------------ ------------------ ---------------------
6/26/00 5,018 $ 3.81 $ 19,125.10
--------------------- ------------------ ------------------ ---------------------
6/27/00 796 $ 3.56 $ 2,829.94
--------------------- ------------------ ------------------ ---------------------
6/28/00 1,000 $ 3.30 $ 3,300.00
--------------------- ------------------ ------------------ ---------------------
6/29/00 3,000 $ 3.42 $ 10,246.80
--------------------- ------------------ ------------------ ---------------------
6/30/00 10,000 $ 3.68 $ 36,750.00
--------------------- ------------------ ------------------ ---------------------
7/3/00 2,500 $ 3.68 $ 9,187.50
--------------------- ------------------ ------------------ ---------------------
7/5/00 1,000 $ 3.68 $ 3,675.00
--------------------- ------------------ ------------------ ---------------------
7/6/00 10,000 $ 3.44 $ 34,364.00
--------------------- ------------------ ------------------ ---------------------
7/7/00 4,000 $ 3.37 $ 13,475.00
--------------------- ------------------ ------------------ ---------------------
7/11/00 11,000 $ 3.35 $ 36,850.00
--------------------- ------------------ ------------------ ---------------------
7/12/00 20,000 $ 3.30 $ 65,938.00
--------------------- ------------------ ------------------ ---------------------
7/13/00 12,000 $ 3.34 $ 40,125.00
--------------------- ------------------ ------------------ ---------------------
7/14/00 15,000 $ 3.86 $ 57,891.00
--------------------- ------------------ ------------------ ---------------------
7/17/00 3,464 $ 4.00 $ 13,856.00
--------------------- ------------------ ------------------ ---------------------
7/18/00 10,000 $ 4.00 $ 40,000.00
--------------------- ------------------ ------------------ ---------------------
7/19/00 5,000 $ 4.00 $ 20,000.00
--------------------- ------------------ ------------------ ---------------------
7/20/00 3,500 $ 4.00 $ 14,000.00
--------------------- ------------------ ------------------ ---------------------
7/24/00 3,464 $ 4.00 $ 13,856.00
--------------------- ------------------ ------------------ ---------------------
7/25/00 4,000 $ 4.00 $ 16,000.00
--------------------- ------------------ ------------------ ---------------------
7/26/00 18,300 $ 3.99 $ 73,037.13
--------------------- ------------------ ------------------ ---------------------
8/7/00 34,400 $ 3.09 $ 106,425.00
--------------------- ------------------ ------------------ ---------------------
<PAGE>
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Cusip No. 832914204 Page 14 of 18
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--------------------- ------------------ ------------------ ---------------------
8/8/00 6,699 $ 3.17 $ 21,248.39
--------------------- ------------------ ------------------ ---------------------
--------------------- ------------------ ------------------ ---------------------
8/9/00 18,060 $ 3.15 $ 56,944.99
--------------------- ------------------ ------------------ ---------------------
--------------------- ------------------ ------------------ ---------------------
8/10/10 21,672 $ 3.77 $ 81,608.08
--------------------- ------------------ ------------------ ---------------------
--------------------- ------------------ ------------------ ---------------------
8/10/10 3,612 $ 3.81 $ 13,770.75
--------------------- ------------------ ------------------ ---------------------
</TABLE>
In addition, other accounts under the management of the General Partner
have made the following purchases of 206,237 shares of Circle.Com Common Stock.
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
Other Accounts
--------------------- ------------------ ------------------ ---------------------
Transaction Date # of Shares Price Per Share Aggregate Purchase
Price
--------------------- ------------------ ------------------ ---------------------
<S> <C> <C> <C>
6/1/00 1,714 $ 3.57 $ 6,117.78
--------------------- ------------------ ------------------ ---------------------
6/5/00 2,476 $ 4.03 $ 9,982.74
--------------------- ------------------ ------------------ ---------------------
6/6/00 1,058 $ 3.99 $ 4,218.78
--------------------- ------------------ ------------------ ---------------------
6/20/00 2,197 $ 3.83 $ 8,409.90
--------------------- ------------------ ------------------ ---------------------
6/21/00 1,037 $ 3.61 $ 3,746.16
--------------------- ------------------ ------------------ ---------------------
6/22/00 1,883 $ 3.77 $ 7,103.81
--------------------- ------------------ ------------------ ---------------------
6/23/00 1,058 $ 3.74 $ 3,954.28
--------------------- ------------------ ------------------ ---------------------
6/26/00 4,656 $ 3.81 $ 17,745.41
--------------------- ------------------ ------------------ ---------------------
6/27/00 589 $ 3.56 $ 2,094.01
--------------------- ------------------ ------------------ ---------------------
7/17/00 1,349 $ 4.00 $ 5,396.00
--------------------- ------------------ ------------------ ---------------------
7/24/00 1,349 $ 4.00 $ 5,396.00
--------------------- ------------------ ------------------ ---------------------
8/7/00 2,600 $ 3.09 $ 8,043.75
--------------------- ------------------ ------------------ ---------------------
8/8/00 9,931 $ 3.17 $ 31,499.89
--------------------- ------------------ ------------------ ---------------------
8/9/00 7,885 $ 3.15 $ 24,862.19
--------------------- ------------------ ------------------ ---------------------
8/10/00 9,462 $ 3.77 $ 35,630.11
--------------------- ------------------ ------------------ ---------------------
8/10/00 1,577 $ 3.81 $ 6,012.31
--------------------- ------------------ ------------------ ---------------------
</TABLE>
All transactions were made in the open market on NASDAQ.
d. Each Partnership is a limited partnership. Each member of the
Partnership is entitled to receive certain distributions from the
Partnership's assets as specified in the Partnership's governing
documents.
e. Not Applicable.
<PAGE>
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Cusip No. 832914204 Page 15 of 18
--------------------------------------------------------------------------------
The filing of this statement shall not be construed as an admission
that any of the Reporting Persons are, for the purposes of Sections 13(d) or
13(g) of the Securities Exchange Act of 1934, the beneficial owners of any
securities covered by this statement.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) between or among any of the Reporting Persons and any other
person with respect to any securities of the Company other than the governing
documents of the Partnership.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 99.1 - Agreement regarding filing of joint Schedule 13D.
<PAGE>
16
Signature
After reasonable inquiry and to the best of the knowledge and belief of
the undersigned, each of the undersigned hereby certifies that the information
set forth in this statement is true, complete and correct.
EXECUTED as a sealed instrument this 17th day of August, 2000.
K Capital I, L.P.
By: /s/ Thomas Knott
---------------------------------------
K Capital Partners, LLC, General Partner
by: Harwich Capital Partners LLC,
its Managing Member, by Thomas Knott,
its Managing Member
K Capital II, L.P.
By: /s/ Thomas Knott
---------------------------------------
K Capital Partners, LLC, General Partner
by: Harwich Capital Partners LLC,
its Managing Member, by Thomas Knott,
its Manager Member
K Capital Offshore Master Fund
(U.S. Dollar), L.P.
By: /s/ Thomas Knott
---------------------------------------
K Capital Partners, LLC, General Partner
by: Harwich Capital Partners LLC,
its Managing Member, by Thomas Knott,
its Managing Member
K Capital Partners, LLC
By: /s/ Thomas Knott
---------------------------------------
Harwich Capital Partners, LLC
by Thomas Knott, its Managing Member
Harwich Capital Partners, LLC
By: /s/ Thomas Knott
---------------------------------------
Thomas Knott, its Managing Member
/s/ Thomas Knott
---------------------------------------
Thomas Knott
/s/ Abner Kurtin
---------------------------------------
Abner Kurtin
16
