TRAVELNOWCOM INC
SC 13D/A, 2001-01-09
ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                    Under the Securities Exchange Act of 1934
                               (Amendment No. 3)*

                               TravelNow.com Inc.
                               ------------------
                                (Name of Issuer)

                     Common Stock, par value $.01 per share
                     --------------------------------------
                         (Title of Class of Securities)

                                   89490A 10 7
                                   -----------
                                 (CUSIP Number)

                             Jeff Wasson, President
                               TravelNow.com, Inc.
                        318 Park Central East, Suite 418
                           Springfield, Missouri 65806
                          (417) 864-3600 Extension 127
                          ----------------------------
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                 January 3, 2001
                                 ---------------
             (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 THAT IS THE SUBJECT OF THIS SCHEDULE 13D, AND IS FILING THIS
SCHEDULE BECAUSE OF ss.ss.ss.ss.240.13D-1(E), 240.13D-1(F) OR 240.13D-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 ss.240.13D-7 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 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>


CUSIP No.

1.   Names of Reporting Persons. I.R.S. Identification Nos. of above persons
     (entities only).

     Jeffrey A. Wasson ###-##-####

2.   Check the Appropriate Box if a Member of a Group (See Instructions)

     (a) X

     (b)

3.   SEC Use Only

4.   Source of Funds (See Instructions)

     PF

5.   Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d)
     or 2(e) [ ]

6.   Citizenship or Place of Organization

     United States of America

Number of
Shares                 7.  Sole Voting Power                          1,692,067
Beneficially
Owned by               8.  Shared Voting Power                          - 0 -
Each
Reporting              9.  Sole Dispositive Power                     1,692,067
Person With
                      10.  Shared Dispositive Power                     - 0 -

11.  Aggregate Amount Beneficially Owned by Each Reporting Person

     4,460,304

12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
     Instructions)

13.  Percent of Class Represented by Amount in Row (11)

     41.0%

14.  Type of Reporting Person (See Instructions)

     IN

<PAGE>


              SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13D


Item 1. Security and Issuer

     This Amendment No. 3 (the "Amendment") to the Statement on Schedule 13D
(the "Schedule 13D") originally filed on August 6, 1999, as amended by Amendment
No. 1 thereto, dated December 29, 2000, and Amendment No. 2, dated January 3,
2001, (collectively, the "Prior Filings") by Jeff Wasson ("Mr. Wasson"), relates
to shares of TravelNow.com Inc., a Delaware corporation ("TravelNow"), common
stock $0.01 par value (the "Common Stock"). All capitalized terms used and not
otherwise defined herein shall have the meanings assigned to those terms in the
Prior Filings. The principal executive officers of TravelNow are located at 318
Park Central East, Suite 418, Springfield, Missouri 65806.

Item 4. Purpose of Transaction

     The information contained in Item 4 of the Prior Filings is hereby amended
and supplemented by adding the following information:

     On January 3, 2001, Mr. Wasson entered into a Stockholder Agreement with
Hotel Reservations Network, Inc. ("HRN"). Pursuant to the terms of the
Stockholder Agreement and, subject to certain conditions, Mr. Wasson agreed to
tender his shares of TravelNow Common Stock in connection with the terms of the
tender offer for all outstanding TravelNow Common Stock, to be conducted by HRN
(the "Offer"), and if an Alternative Transaction (as defined in the Stockholder
Agreement) is consummated, to pay HRN 90% of all amounts which are received by
Mr. Wasson for each of his shares in excess of the HRN offer price of $4.16 per
share. Mr. Wasson also agreed under the terms of the Stockholder Agreement to
other customary terms to support and make effective the consummation of the
Offer.

Item 5. Interest in Securities of the Issuer

     The information contained in Item 5 of the Prior Filings is hereby amended
and supplemented by the following information:

     On December 1, 2000, Mr. Wasson sold 53,333 shares of Common Stock to Mr.
Summers; 53,333 shares to Mr. Kuhn; 66,667 shares to Mr. Ehrler; and 30,667
shares to an unaffiliated party. All of these sales were at $0.75 per share.

     On December 1, 2000, Mr. Summers purchased 53,333 shares of Common Stock
from Mr. Wasson for $0.75 per share.

     On December 1, 2000, Mr. Kuhn purchased 53,333 shares of Common Stock from
Mr. Wasson for $0.75 per share.

     On December 1, 2000, Mr. Ehrler purchased 66,667 shares of Common Stock
from Mr. Wasson for $0.75 per share.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer

     The information contained in Item 6 of the Prior Filings is hereby amended
and supplemented by reference to the information set forth in Item 4 of this
Amendment, which is hereby incorporated by reference herein.

Item 7. Material to Be Filed as Exhibits

     Exhibit 1-- Stockholder Agreement dated January 3, 2001, by and among
     between Hotel Reservations Network, Inc., Wonsub, Inc. and Jeff
     Wasson.

<PAGE>


                                   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.



Date: 01-09-01
------------------------------------------------------------------------------
Signature By: /s/ Jeffrey A. Wasson
------------------------------------------------------------------------------
Jeffrey A. Wasson, Chief Executive Officer



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