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THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G
FILED ON FEBRUARY 18, 1997
PURSUANT TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.____)*
ONSALE, INC.
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(NAME OF ISSUER)
COMMON STOCK
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(TITLE OF CLASS OF SECURITIES)
682838-10-7
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(CUSIP NUMBER)
*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).
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SCHEDULE 13G
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CUSIP NO. 682838-10-7 PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
S. JERROLD KAPLAN
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.A.
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SOLE VOTING POWER
5
NUMBER OF 5,249,500
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 5,249,500
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
5,249,500
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
28.2%
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TYPE OF REPORTING PERSON*
12
IN
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Page 2 of 5
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ITEM 1.
(a) Name of Issuer:
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ONSALE, Inc.
(b) Address of Issuer's Principal Executive Offices:
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1350 Willow Road #202, Menlo Park, CA 94025
ITEM 2.
(a) Name of Person Filing:
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S. Jerrold Kaplan
(b) Address of Principal Business Office:
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1350 Willow Road #202, Menlo Park, CA 94025
(c) Citizenship:
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U.S.A.
(d) Title of Class of Securities:
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Common Stock
(e) CUSIP Number:
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682838-10-7
ITEM 3.
Not applicable.
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 5,249,500
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(b) Percent of Class: 28.2%
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(c) Number of shares as to which such person has:
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(i) sole power to vote or direct the vote: 5,249,500
(ii) shared power to vote or direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of: 5,249,500
(iv) shared power to dispose or to direct the disposition of: -0-
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
Not applicable
Page 3 of 5
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION MEMBERS OF THE GROUP
Represents 5,249,500 shares held of record by Mr. Kaplan. Mr. Kaplan
disclaims beneficial ownership of 16,500 shares held of record by Mr.
Kaplan's sister, Amy Kaplan Eckman, trustee of the Lily Layne Kaplan
Irrevocable Trust, and 4,500 shares held of record by Mr. Kaplan's
brother, James Kaplan, trustee of the Kaplan Children's Trust, the
beneficiaries of which are the children of James Kaplan.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
Page 4 of 5
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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 13, 1998
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Date
/s/ S. Jerrold Kaplan
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Signature
S. Jerrold Kaplan
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Name/Title
Page 5 of 5
