<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No._______)*
Vastera, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
92239N109
--------------------------------------------------------------------------------
(CUSIP Number)
October 2, 2000
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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> 2
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CUSIP NO. 92239N109 13 G Page 2 of 18
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1 NAME OF REPORTING PERSON TCV II, V.O.F.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 40,490 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
40,490 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 40,490 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 3
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CUSIP NO. 92239N109 13 G Page 3 of 18
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1 NAME OF REPORTING PERSON TECHNOLOGY CROSSOVER VENTURES II, L.P.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,246,501 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,246,501 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 1,246,501 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.6%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 4
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CUSIP NO. 92239N109 13 G Page 4 of 18
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1 NAME OF REPORTING PERSON TCV II (Q), L.P.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 958,329 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
958,329 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 958,329 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.8%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 5
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CUSIP NO. 92239N109 13 G Page 5 of 18
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1 NAME OF REPORTING PERSON TCV II STRATEGIC PARTNERS, L.P.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 170,068 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
170,068 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 170,068 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 6
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CUSIP NO. 92239N109 13 G Page 6 of 18
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1 NAME OF REPORTING PERSON TECHNOLOGY CROSSOVER VENTURES II, C.V.
See Item 2 for a list of Managing General Members
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
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3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 190,314 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
190,314 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 190,314 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.6%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 7
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CUSIP NO. 92239N109 13 G Page 7 of 18
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1 NAME OF REPORTING PERSON TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.
See Item 2 for a list of Managing Members
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,605,702 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
2,605,702 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 2,605,702 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.6%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 8
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CUSIP NO. 92239N109 13 G Page 8 of 18
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1 NAME OF REPORTING PERSON TCV IV, L.P.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,146,104 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,146,104 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 1,146,104 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.3%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 9
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CUSIP NO. 92239N109 13 G Page 9 of 18
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1 NAME OF REPORTING PERSON TCV IV STRATEGIC PARTNERS, L.P.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 42,736 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
42,736 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 42,736 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [X]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 10
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CUSIP NO. 92239N109 13 G Page 10 of 18
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1 NAME OF REPORTING PERSON TECHNOLOGY CROSSOVER MANAGEMENT IV,
L.L.C.
See Item 2 for identification of General Partner
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,188,840 Shares of Common Stock (A)
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING - 0 - Shares of Common Stock
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,188,840 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 1,188,840 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.5%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 11
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CUSIP NO. 92239N109 13 G Page 11 of 18
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1 NAME OF REPORTING PERSON JAY C. HOAG
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 - Shares of Common Stock
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING 3,794,542 Shares of Common Stock (A)
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
3,794,542 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 3,794,542 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.0%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 12
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CUSIP NO. 92239N109 13 G Page 12 of 18
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1 NAME OF REPORTING PERSON RICHARD H. KIMBALL
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
---------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES - 0 - Shares of Common Stock
BENEFICIALLY ------ ------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING 3,794,542 Shares of Common Stock (A)
PERSON ------ ------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
3,794,542 Shares of Common Stock (A)
------ ------------------------------------------
8 SHARED DISPOSITIVE POWER
- 0 - Shares of Common Stock
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 3,794,542 Shares of Common Stock (A)
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.0%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
(A) Please see Item 4.
<PAGE> 13
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CUSIP NO. 92239N109 13 G Page 13 of 18
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ITEM 1.
(a) NAME OF ISSUER: Vastera, Inc. (the "Company")
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 45025
Aviation Drive, Suite 200, Dulles, VA 20166
ITEM 2.
Set forth below is the following information with respect to each of the
persons filing this Schedule 13G (together, the "Filing Persons"): (a) name; (b)
address of principal offices (if entity) or residence or business address (if
individual); (c) citizenship (if individual) or jurisdiction of organization (if
entity); (d) title of class of securities and (e) CUSIP number.
I.
(a) TCV II, V.O.F., a Netherlands Antilles general partnership("TCV
II, V.O.F."). The Managing General Partners of TCV II, V.O.F. are
Technology Crossover Management II, L.L.C., a Delaware limited
liability company ("TCM II") and Technology Crossover
Administrator II, N.V., a Netherlands Antilles corporation ("TCA
II"). The sole Managing Members of TCM II are Jay C. Hoag ("Hoag")
and Richard H. Kimball ("Kimball"). TCA II is ultimately
controlled by Hoag and Kimball.
(b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
(c) Netherlands Antilles
(d) Common Stock
(e) 92239N109
II.
(a) TECHNOLOGY CROSSOVER VENTURES II, L.P., a Delaware limited
partnership ("TCV II, L.P."). The General Partner of TCV II, L.P.
is TCM II.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
III.
(a) TCV II (Q), L.P., a Delaware limited partnership ("TCV II (Q)").
The General Partner of TCV II (Q) is TCM II.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
IV.
(a) TCV II STRATEGIC PARTNERS, L.P., a Delaware limited partnership
("TCV II SP"). The General Partner of TCV II SP is TCM II.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
V.
(a) TECHNOLOGY CROSSOVER VENTURES II, C.V., a Netherlands Antilles
limited partnership ("TCV II, C.V."). The Managing General
Partners of TCV II, C.V. are TMC II and TCA II.
(b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
(c) Netherlands Antilles
(d) Common Stock
(e) 92239N109
<PAGE> 14
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CUSIP NO. 92239N109 13 G Page 14 of 18
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VI.
(a) TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C., a Delaware limited
liability company.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
VII.
(a) TCV IV, L.P., a Delaware limited partnership ("TCV IV, L.P."). The
General Partner of TCV IV, L.P. is Technology Crossover Management
IV, L.L.C., a limited liability company ("TCM IV"). The sole
Managing Members of TCM IV are Hoag and Kimball.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
VIII.
(a) TCV IV STRATEGIC PARTNERS, L.P., a Delaware limited partnership
("TCV IV SP"). The General Partner of TCV IV SP is TCM IV.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
IX.
(a) TECHNOLOGY CROSSOVER MANAGEMENT IV, L.L.C., a Delaware limited
liability company.
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 92239N109
X.
(a) Jay C. Hoag
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) U.S. Citizen
(d) Common Stock
(e) 92239N109
XI.
(a) Richard H. Kimball
(b) 528 Ramona Street, Palo Alto, CA 94301
(c) U.S. Citizen
(d) Common Stock
(e) 92239N109
ITEM 3.
Not Applicable
ITEM 4.
(a), (b) and (c) This Schedule 13G shall not be construed as an admission
that any Filing Person is, either for purposes of Section 13(d) or 13(g) of the
Act or for other purposes, the beneficial owner of any Common Stock disclosed in
this Schedule 13G. The aggregate number and percentage of the class of
securities identified pursuant to Item 1 of this Schedule 13G that, pursuant to
Rule 13d-3, may be deemed to be beneficially owned by each Filing Person are as
follows:
<PAGE> 15
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CUSIP NO. 92239N109 13 G Page 15 of 18
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<TABLE>
<CAPTION>
Common Stock Dispositive
Filing Person Beneficially Owned % of Class (1) Voting Power Power
------------- ------------------ -------------- ------------ -----------
<S> <C> <C> <C> <C>
TCV II, V.O.F. (2) 40,490 0.1% sole sole
TCV II, L.P. (2) 1,246,501 3.6% sole sole
TCV II (Q) (2) 958,329 2.8% sole sole
TCV II SP (2) 170,068 0.5% sole sole
TCV II, C.V. (2) 190,314 0.6% sole sole
TCM II 2,605,702 7.6% sole sole
TCV IV, L.P. (3) 1,146,104 3.3% sole sole
TCV IV SP (3) 42,736 0.1% sole sole
TCM IV 1,188,840 3.5% sole sole
Hoag (4) 3,794,542 11.0% shared sole
Kimball (4) 3,794,542 11.0% shared sole
</TABLE>
(1) All percentages in this table are based on the 34,491,325 shares of
Common Stock of the Company outstanding, as reported in the Company's
prospectus filed with the Securities and Exchange Commission on September
28, 2000 pursuant to Rule 424(b)(4) under the Securities Act of 1933, as
amended.
(2) Each noted entity (together, the "TCV II Funds") is the holder of record
of the securities set forth opposite the name of such entity and has sole
voting and investment power with respect to such securities. TCM II, as
sole General Partner of TCV II, L.P., TCV II(Q) and TCV II SP, and as
Investment General Partner of TCV II, V.O.F. and TCV II, C.V., may also
be deemed to have sole voting and investment power with respect to such
securities. TCM II disclaims beneficial ownership of such securities
except to the extent of its pecuniary interest therein.
(3) Each noted entity (together, the "TCV IV Funds") is the holder of record
of the securities set forth opposite the name of such entity and has sole
voting and investment power with respect to such securities. TCM IV, as
sole General Partner of TCV IV, L.P. and TCV IV SP, may also be deemed to
have sole voting and investment power with respect to such securities.
TCM IV disclaims beneficial ownership of such securities except to the
extent of its pecuniary interest therein.
(4) Under the respective operating agreements of TCM II and TCM IV, Hoag and
Kimball have the independent power to cause the funds managed by such
entity to buy and sell securities of publicly traded portfolio companies,
however, in general, they must act by unanimous consent with respect to
all other matters, including directing the voting of such securities. As
a result, Hoag and Kimball may also be deemed to have sole dispositive
power and shared voting power with respect to the securities held by the
TCV II Funds and TCV IV Funds. Hoag and Kimball disclaim beneficial
ownership of such securities except to the extent of their respective
pecuniary interests therein.
Except as set forth in this Item 4(a) - (c), each of the Filing Persons
disclaims beneficial ownership of any Common Stock owned beneficially or
of record by any other Filing Person.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable.
<PAGE> 16
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CUSIP NO. 92239N109 13 G Page 16 of 18
-------------------------------- --------------- -------------------------------
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
This Schedule 13G is being filed jointly pursuant to Rule 13d-1(k). As a
result of the relationships among the Filing Persons described herein, some or
all of the Filing Persons may be deemed to comprise a "group" within the meaning
of Section 13 and the Rules promulgated thereunder. However, the Filing Persons
deny such group status.
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 not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
MATERIAL TO BE FILED AS EXHIBITS
The following exhibit was filed as Exhibit 8 to the Schedule 13D/A
relating to the Common Stock of Expedia Inc. filed by the undersigned with the
Securities and Exchange Commission on August 31, 2000 and is hereby incorporated
herein by reference:
Exhibit A - Statement Appointing Designated Filer and Authorized Signer
dated February 22, 2000
The following exhibit was filed as Exhibit F to the Schedule 13G relating
to the Common Stock of eLoyalty Corporation filed by the undersigned with the
Securities and Exchange Commission on June 5, 2000 and is hereby incorporated
herein by reference:
Exhibit B - Statement Appointing Designated Filer and Authorized Signer
dated June 1, 2000
The following exhibit is attached hereto:
Exhibit C - Joint Filing Agreement
<PAGE> 17
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CUSIP NO. 92239N109 13 G Page 17 of 18
-------------------------------- --------------- -------------------------------
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: October 2, 2000
TCV II, V.O.F.
a Netherlands Antilles General Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV II (Q), L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV II STRATEGIC PARTNERS, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, C.V.
a Netherlands Antilles Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.
a Delaware Limited Liability Company
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
<PAGE> 18
-------------------------------- --------------- -------------------------------
CUSIP NO. 92239N109 13 G Page 18 of 18
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TCV IV, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV IV STRATEGIC PARTNERS, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER MANAGEMENT IV, L.L.C.
a Delaware Limited Liability Company
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
Jay C. Hoag
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
Richard H. Kimball
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
<PAGE> 19
EXHIBIT C
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended, the undersigned hereby agree to the joint
filing with all other Filing Persons (as such term is defined in the Schedule
13G referred to below) on behalf of each of them of a statement on Schedule 13G
(including amendments thereto) with respect to the common stock, par value $0.01
per share, of Vastera, Inc., a Delaware corporation, and that this Agreement may
be included as an Exhibit to such joint filing. This Agreement may be executed
in any number of counterparts, all of which taken together shall constitute one
and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of
the 2nd day of October, 2000.
TCV II, V.O.F.
a Netherlands Antilles General Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV II (Q), L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV II STRATEGIC PARTNERS, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, C.V.
a Netherlands Antilles Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.
a Delaware Limited Liability Company
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV IV, L.P.
a Delaware Limited Partnership
<PAGE> 20
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TCV IV STRATEGIC PARTNERS, L.P.
a Delaware Limited Partnership
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.
a Delaware Limited Liability Company
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
Jay C. Hoag
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
Richard H. Kimball
By: /s/ Carla S. Newell
----------------------------------------------
Carla S. Newell, Authorized Signatory
