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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Mercator Software Inc. (formerly TSI International Software Ltd.)
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
587587 10 6
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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 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).
Page 1 of 5
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SCHEDULE 13G
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CUSIP No. 587587 10 6 Page 2 of 5 Pages
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NAMES OF REPORTING PERSONS.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1
Vanguard Atlantic Ltd.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] 0
(b) [_] 0
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Connecticut
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SOLE VOTING POWER -0-
5
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER 1,104,768
BENEFICIALLY 6
OWNED BY
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EACH SOLE DISPOSITIVE POWER -0-
7
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER 1,104,768
WITH 8
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,104,768
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 0
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
3.95%
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TYPE OF REPORTING PERSON*
12
CO
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Page 2 of 5
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Item 1.
(a) Name of Issuer:
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Mercator Software Inc. (the "Issuer")
(b) Address of Issuer's Principal Executive Offices:
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45 Danbury Road
Wilton, CT 06897-0840
Item 2.
(a) Name of Person Filing:
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Vanguard Atlantic Ltd., a Connecticut corporation
(b) Address of Principal Business Office:
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304 Main Avenue, Suite 290
Norwalk, CT 06851
(c) Citizenship:
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Not applicable
(d) Title of Class of Securities:
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Common Stock
(e) CUSIP Number:
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587587 10 6
Item 3. Not applicable.
Item 4. Ownership
(a) Amount Beneficially Owned: Vanguard Atlantic Ltd. is the record
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holder of 1,104,768 shares of Common Stock. The signatory for
Vanguard Atlantic Ltd. disclaims beneficial ownership of these
shares except to the extent of his pecuniary interest therein.
(b) Percent of Class: 3.95%
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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: -0-
(ii) shared power to vote or direct the vote: 1,104,768
(iii) sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition of:
1,104,768
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 [X].
Page 3 of 5
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Item 6. Ownership of More Than Five Percent on Behalf of Another Person
Not applicable
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
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purposes or effect.
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.
Dated: April 14, 2000
Vanguard Atlantic Ltd.
By: /s/ Ernest E. Keet
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Ernest E. Keet, President
Page 5 of 5
