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 RULE 13d-2(b)
(Amendment No.__)*
PIVOTAL CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
72581R106
- --------------------------------------------------------------------------------
(CUSIP Number)
October 21, 1999
- --------------------------------------------------------------------------------
(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).
(Continued on following pages)
Page 1 of 24 Pages
Exhibit Index Contained on Page 21
<PAGE>
<TABLE>
<S> <C> <C>
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CUSIP NO. 72581R106 13G Page 2 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management, L.P. ("ICM")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 210,526 shares, of which 188,273 shares are directly owned by
SHARES Integral Capital Partners, L.P. ("ICP") and 22,253 shares are
BENEFICIALLY directly owned by Integral Capital Partners International, C.V.
OWNED BY EACH ("ICPI"). ICM is the general partner of ICP and the investment
REPORTING general partner of ICPI.
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
210,526 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
210,526 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.05%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
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CUSIP NO. 72581R106 13G Page 3 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management II, L.P. ("ICM2")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 1,350,415 shares, of which 1,025,608 shares are directly owned by
SHARES Integral Capital Partners II, L.P. ("ICP2") and 324,807 shares
BENEFICIALLY are directly owned by Integral Capital Partners International II
OWNED BY EACH C.V. ("ICPI2"). ICM2 is the general partner of ICP2 and the
REPORTING investment general partner of ICPI2.
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,350,415 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,350,415 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.73%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
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CUSIP NO. 72581R106 13G Page 4 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Management IV, LLC ("ICM4")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited liability company)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 99,530 shares which are directly owned by Integral Capital
SHARES Partners IV, L.P. ("ICP4"). ICM4 is the general partner of ICP4.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
99,530 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
99,530 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.50%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 5 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners NBT, LLC ("Integral NBT")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware (limited liability company)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 470 shares which are directly owned by Integral Capital Partners
SHARES IV MS Side Fund, L.P. ("Side Fund"). Integral NBT is the general
BENEFICIALLY partner of Side Fund.
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
470 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
470 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.002%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* OO
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
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CUSIP NO. 72581R106 13G Page 6 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners, L.P. ("ICP1")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 188,273 shares are directly owned by ICP1. Integral Capital
SHARES Management, L.P. is the general partner of ICP.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
188,273 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
188,273 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.94%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 7 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners International, C.V. ("ICPI")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 22,253 shares are directly owned by ICPI. Integral Capital
SHARES Management, L.P. is the investment general partner of ICPI.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
22,253 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,253 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.11%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
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CUSIP NO. 72581R106 13G Page 8 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners II, L.P. ("ICP2")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b)[X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 1,025,608 shares are directly owned by ICP2. Integral Capital
SHARES Management II, L.P. is the general partner of ICP2.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,025,608 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,025,608 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.11%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 9 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners International II C.V. ("ICPI2")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 324,807 shares are directly owned by ICPI2. Integral Capital
SHARES Management II, L.P. is the investment general partner of ICPI2.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
324,807 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
324,807 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.62%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 10 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners IV, L.P. ("ICP4")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 99,530 shares are directly owned by ICP4. Integral Capital
SHARES Management IV, LLC is the general partner of ICP4.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
99,530 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
99,530 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.50%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 11 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Integral Capital Partners IV MS Side Fund, L.P. ("Side Fund")
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware (limited partnership)
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 470 shares are directly owned by Side Fund. Integral Capital
SHARES Partners NBT, LLC is the general partner of Side Fund.
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
470 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
470 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.002%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* PN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 12 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Roger B. McNamee
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 210,526 shares of which 188,273 shares are directly owned by ICP
SHARES and 22,253 shares are directly owned by ICPI. ICM is the general
BENEFICIALLY partner of ICP and the investment general partner of ICPI. Mr.
OWNED BY EACH McNamee is a general partner of ICM.
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
210,526 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
210,526 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.05%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
- ----------------------------------------------------------- --------------------------------------------------
CUSIP NO. 72581R106 13G Page 13 of 24 Pages
- ----------------------------------------------------------- --------------------------------------------------
- ----------- ------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John A. Powell
- ----------- ------------------------------------------------------------------------------------------------------------------
2 CHECK APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ] (b) [X]
- ----------- ------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------- ------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------- --------- ----------------------------------------------------------------------------
5 SOLE VOTING POWER -0-
--------- ----------------------------------------------------------------------------
NUMBER 6 SHARED VOTING POWER
OF 210,526 shares of which 188,273 shares are directly owned by ICP
SHARES and 22,253 shares are directly owned by ICPI. ICM is the general
BENEFICIALLY partner of ICP and the investment general partner of ICPI. Mr.
OWNED BY EACH Powell is a general partner of ICM.
REPORTING
PERSON
WITH
--------- ----------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER -0-
--------- ----------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
210,526 shares (see response to Item 6)
- ----------- ------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
210,526 shares
- ----------- ------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
- ----------- ------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.05%
- ----------- ------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* IN
- ----------- ------------------------------------------------------------------------------------------------------------------
<FN>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
</FN>
</TABLE>
<PAGE>
Page 14 of 24
ITEM 1(a). NAME OF ISSUER:
Pivotal Corporation
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
300 - 224 West Esplanade
North Vancouver, BC V7M 3M6
ITEM 2(a), (b), (c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS
OFFICE OR, IF NONE, RESIDENCE, AND CITIZENSHIP:
This statement is being filed by Integral Capital Management,
L.P., a Delaware limited partnership ("ICM"), Integral Capital Management II,
L.P., a Delaware limited partnership ("ICM2"), Integral Capital Management IV,
LLC, a Delaware limited liability company ("ICM4") and Integral Capital Partners
NBT, LLC, a Delaware limited liability company ("Integral NBT"). The principal
business address of ICM, ICM2, ICM4 and Integral NBT is 2750 Sand Hill Road,
Menlo Park, California 94025.
ICM is the general partner of Integral Capital Partners, L.P.,
a Delaware limited partnership ("ICP"), and the investment general partner of
Integral Capital Partners International C.V., a Netherlands Antilles limited
partnership ("ICP2"). ICM2 is the general partner of Integral Capital Partners
II, L.P., a Delaware limited partnership ("ICP2"), and the investment general
partner of Integral Capital Partners International II C.V., a Netherlands
Antilles limited partnership ("ICPI2"). ICM4 is the general partner of Integral
Capital Partners IV, L.P., a Delaware limited partnership ("ICP4"). Integral NBT
is the general partner of Integral Capital Partners IV MS Side Fund, L.P., a
Delaware limited partnership ("Side Fund"). With respect to ICM, ICM2, ICM4 and
Integral NBT, this statement relates only to ICM's, ICM2's, ICM4's and Integral
NBT's indirect, beneficial ownership of shares of Common Stock of the Issuer
(the "Shares"). The Shares have been purchased by ICP, ICPI, ICP2, ICPI2, ICP4
and Side Fund, and none of ICM, ICM2, ICM4, Integral NBT, Mr. McNamee or Mr.
Powell, directly or otherwise hold any Shares. Management of the business
affairs of, ICM2, ICM4 and Integral NBT, including decisions respecting
disposition and/or voting of the Shares, resides in a majority of the general
partners or managers of ICM2, ICM 4 and Integral NBT, respectively such that no
single general partner or manager of ICM2, ICM4 or Integral NBT has voting
and/or dispositive power of the Shares. Management of the business affairs of
ICM, including decisions respecting disposition and/or voting of the shares,
resides in Roger B. McNamee and John A. Powell, who are the general parnters of
ICM.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
72581R106
<PAGE>
Page 15 of 24
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) or
(c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the
Exchange Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act.
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box.
[X].
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
A. Integral Capital Management, L.P.
(a) Amount Beneficially Owned: 210,526
(b) Percent of Class: 1.05%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 210,526
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
210,526
B. Integral Capital Management II, L.P.
(a) Amount Beneficially Owned: 1,350,415
(b) Percent of Class: 6.73%
(c) Number of shares as to which such person has:
4. Sole power to vote or to direct vote: -0-
5. Shared power to vote or to direct vote: 1,350,415
6. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
1,350,415
<PAGE>
Page 16 of 24
C. Integral Capital Management IV, LLC
(a) Amount Beneficially Owned: 99,530
(b) Percent of Class: 0.50%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 99,530
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
99,530
D. Integral Capital Partners NBT, LLC
(a) Amount Beneficially Owned: 470
(b) Percent of Class: 0.002%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 470
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
470
E. Integral Capital Partners, L.P.
(a) Amount Beneficially Owned: 188,273
(b) Percent of Class: 0.94%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 188,273
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
188,273
F. Integral Capital Partners International C.V.
(a) Amount Beneficially Owned: 22,253
(b) Percent of Class: 0.11%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 22,253
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
22,253
G. Integral Capital Partners II, L.P.
(a) Amount Beneficially Owned: 1,025,608
(b) Percent of Class: 5.11%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 1,025,608
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
1,025,608
<PAGE>
Page 17 of 24
H. Integral Capital Partners International II C.V.
(a) Amount Beneficially Owned: 324,807
(b) Percent of Class: 1.62%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 324,807
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
324,807
I. Integral Capital Partners IV, L.P.
(a) Amount Beneficially Owned: 99,530
(b) Percent of Class: 0.50%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 99,530
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
99,530
J. Integral Capital Partners IV MS Side Fund, L.P.
(a) Amount Beneficially Owned: 470
(b) Percent of Class: 0.002%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 470
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
470
K. Roger B. McNamee
(a) Amount Beneficially Owned: 210,526
(b) Percent of Class: 1.05%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 210,526
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
210,526
L. John A. Powell
(a) Amount Beneficially Owned: 210,526
(b) Percent of Class: 1.05%
(c) Number of shares as to which such person has:
1. Sole power to vote or to direct vote: -0-
2. Shared power to vote or to direct vote: 210,526
3. Sole power to dispose or to direct the disposition:
-0-
4. Shared power to dispose or to direct the disposition:
210,526
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.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
<PAGE>
Page 18 of 24
ITEM 8. IDENTIFICATION AND CLASSIFCATION OF 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 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.
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: October 26, 1999
INTEGRAL CAPITAL MANAGEMENT, L.P.
By /s/ John A.Powell
-----------------------------------------------
John A. Powell
a General Partner
INTEGRAL CAPITAL MANAGEMENT II, L.P.
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS NBT, LLC
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 19 of 24
INTEGRAL CAPITAL PARTNERS, L.P.
By Integral Capital Management, L.P.,
its General Partner
By /s/ John A. Powell
-----------------------------------------------
John A. Powell
a General Partner
INTEGRAL CAPITAL PARTNERS INTERNATIONAL C.V.
By Integral Capital Management, L.P.,
its Investment General Partner
By /s/ John A.Powell
-----------------------------------------------
John A. Powell
a General Partner
INTEGRAL CAPITAL PARTNERS II, L.P.
By Integral Capital Management II, L.P.,
its General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS INTERNATIONAL II C.V.
By Integral Capital Management II, L.P.,
its Investment General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS IV, L.P.
By Integral Capital Management IV, LLC,
its General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 20 of 24
INTEGRAL CAPITAL PARTNERS IV MS SIDE FUND, L.P.
By Integral Capital Partners NBT, LLC
its General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
/s/ Roger B. McNamee
--------------------------------------------------
Roger B. McNamee
/s/ John A. Powell
--------------------------------------------------
John A. Powell
<PAGE>
Page 21 of 24
EXHIBIT INDEX
Found on
Sequentially
Exhibit Numbered Page
Exhibit A: Agreement of Joint Filing 22
<PAGE>
Page 22 of 24
EXHIBIT A
Agreement of Joint Filing
The undersigned hereby agree that they are filing jointly
pursuant to Rule 13d-1(k)(1) of the Act the statement dated October 26, 1999
containing the information required by Schedule 13G, for the 1,660,941 shares of
capital stock of Pivotal Corporation held by Integral Capital Partners, L.P., a
Delaware limited partnership, Integral Capital Partners International C.V., a
Netherlands Antilles limited partnership, Integral Capital Partners II, L.P., a
Delaware limited partnership, Integral Capital Partners International II C.V., a
Netherlands Antilles limited partnership, Integral Capital Partners IV, L.P., a
Delaware limited partnership, and Integral Capital Partners IV MS Side Fund,
L.P., a Delaware limited partnership.
Date: October 26, 1999
INTEGRAL CAPITAL MANAGEMENT, L.P.
By /s/ John A. Powell
-----------------------------------------------
John A.Powell
a General Partner
INTEGRAL CAPITAL MANAGEMENT II, L.P.
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL MANAGEMENT IV, LLC
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
INTEGRAL CAPITAL PARTNERS NBT, LLC
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 23 of 24
INTEGRAL CAPITAL PARTNERS, L.P.
By Integral Capital Management, L.P.,
its General Partner
By /s/ John A. Powell
-----------------------------------------------
John A. Powell
a General Partner
INTEGRAL CAPITAL PARTNERS INTERNATIONAL C.V.
By Integral Capital Management, L.P.,
its Investment General Partner
By /s/ John A. Powell
-----------------------------------------------
John A. Powell
a General Partner
INTEGRAL CAPITAL PARTNERS II, L.P.
By Integral Capital Management II, L.P.,
its General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS INTERNATIONAL II C.V.
By Integral Capital Management II, L.P.,
its Investment General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a General Partner
INTEGRAL CAPITAL PARTNERS IV, LLC
By Integral Capital Management IV, LLC,
its General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
<PAGE>
Page 24 of 24
INTEGRAL CAPITAL PARTNERS IV MS SIDE FUND, L.P.
By Integral Capital Partners NBT, LLC,
its General Partner
By /s/ Pamela K. Hagenah
-----------------------------------------------
Pamela K. Hagenah
a Manager
/s/ Roger B. McNamee
--------------------------------------------------
Roger B. McNamee
/s/ John A. Powell
--------------------------------------------------
John A. Powell
