UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1*)
AppNet, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
0001066197
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(CUSIP Number)
8/23/00
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(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)
[ ] Rule 13d-1(c)
[X] 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).
(Continued on following page(s))
Page 1 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR FUND VI, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)[ ]
(b)[ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 0
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING ------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
Page 2 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR VI Executive Fund, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING ------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
Page 3 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR Associates VI
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING ------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
Page 4 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR Partners VI, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING ------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
================================================================================
Page 5 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
================================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GTCR Golder Rauner, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)[ ]
(b)[ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
------------------------------------------------------------
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 0
REPORTING ------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
================================================================================
Page 6 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
Item 1(a). Name of Issuer:
---------- --------------
AppNet, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
---------- -----------------------------------------------
6707 Democracy Boulevard
Bethesda, MD 20817
Item 2(a). Name of Person Filing:
---------- ---------------------
This statement is filed jointly by each of the following
persons pursuant to Rule 13d-1(k) promulgated under Section
13 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"): (i) GTCR FUND VI, L.P., a Delaware limited
partnership (the "Fund"), by virtue of its direct beneficial
ownership of Common Stock; (ii) GTCR VI Executive Fund,
L.P., a Delaware limited partnership (the "Executive Fund"),
by virtue of its direct beneficial ownership of Common
Stock; (iii) GTCR Associates VI ("Associates"), a general
partnership, by virtue of its direct beneficial ownership of
Common Stock; (iv) GTCR Partners VI, L.P., a Delaware
limited partnership ("Partners"), by virtue of its being the
general partner of each of the Fund and the Executive Fund
and the managing general partner of Associates ; and (v)
GTCR Golder Rauner, LLC, a Delaware limited liability
corporation ("Golder Rauner"), by virtue of its being the
general partner of Partners.
Item 2(b). Address of Principal Business Office or, if none, Residence:
---------- ------------------------------------------------------------
6100 Sears tower
Chicago, Illinois 60606
Item 2(c). Citizenship:
---------- -----------
The Fund, the Executive Fund, Associates and Partners are
limited partnerships organized under the laws of the State
of Delaware. Golder Rauner is a limited liability
corporation organized under the laws of the State of
Delaware.
Item 2(d). Title of Class of Securities:
--------- ----------------------------
Common Stock
Item 2(e). CUSIP Number:
---------- ------------
0001066197
Page 7 of 14 Pages
<PAGE>
------------------------------
CUSIP No. 0001066197
------------------------------
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
------- ---------------------------------------------------------
13d-2(b) or (c), check whether the person filing is a:
-----------------------------------------------------
Not applicable
Item 4. Ownership (as of August 31, 2000)
------- ---------------------------------
Between August 14, 2000 and August 29, 2000, the Fund
distributed to its partners all of the shares of the
Issuer's Common Stock that were registered in the Fund's
name, and after the distribution on August 23, 2000, the
Fund owned less than 5% of the Issuer's outstanding Common
Stock. Between August 14, 2000 and August 31, 2000, the
Executive Fund and Associates sold through the Nasdaq
National Market all of the shares of Issuer's Common Stock
that were registered in their respective names. As a result
of these distributions and sales, at the close of business
on August 31, 2000, each of the Fund, the Executive Fund,
Associates, Partners and Golder Rauner did not beneficially
own any shares of the Issuer's Common Stock.
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(s) has ceased to be
the beneficial owner of more than 5% of the class of
securities, check the following |X|.
Item 6. Ownership of More than Five Percent on Behalf of
------- ------------------------------------------------
Another Person.
--------------
Not applicable
Page 8 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
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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.
------- ---------------------------------------------------------
Not applicable
Item 9. Notice of Dissolution of Group.
------- ------------------------------
Not applicable
Item 10. Certification.
-------- -------------
Not applicable
Page 9 of 14 Pages
<PAGE>
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CUSIP No. 0001066197
------------------------------
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
GTCR FUND VI, L.P.
Date: September 8, 2000
By: GTCR Partners VI, L.P., its general partner
By: GTCR Golder Rauner, LLC, its general partner
By: /s/ Bruce V. Rauner
------------------------------------------------
Name: Bruce V. Rauner
-------------------------------------------
Title: Principal
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GTCR VI Executive Fund, L.P.
By: GTCR Partners VI, L.P., its general partner
By: GTCR Golder Rauner, LLC, its general partner
By: /s/ Bruce V. Rauner
-----------------------------------------------
Name: Bruce V. Rauner
------------------------------------------
Title: Principal
------------------------------------------
GTCR Associates VI
By: GTCR Partners VI, L.P., its managing general
partner
By: GTCR Golder Rauner, LLC, its general partner
By: /s/ Bruce V. Rauner
------------------------------------------------
Name: Bruce V. Rauner
-------------------------------------------
Title: Principal
-------------------------------------------
Page 10 of 14 Pages
<PAGE>
GTCR Partners VI, L.P.
By: GTCR Golder Rauner, LLC, its general partner
By: /s/ Bruce V. Rauner
------------------------------------------------
Name: Bruce V. Rauner
-------------------------------------------
Title: Principal
-------------------------------------------
GTCR Golder Rauner, LLC
By: /s/ Bruce V. Rauner
------------------------------------------------
Name: Bruce V. Rauner
-------------------------------------------
Title: Principal
-------------------------------------------
Page 11 of 14 Pages
<PAGE>
Exhibits
--------
1 Agreement of Joint Filing, dated February 10, 2000, among GTCR FUND VI,
L.P., GTCR VI Executive Fund, L.P., GTCR Associates VI, GTCR Partners VI,
L.P. and GTCR Golder Rauner, LLC.
Page 12 of 14 Pages
