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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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. _____)/1/
PORTAL SOFTWARE, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
736126 10 3
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(CUSIP Number)
Initial Public Offering - May 6, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule to which this Schedule is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-(c)
[_] Rule 13d-1(d)
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/1/ The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 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).
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CUSIP NO. 736126 10 3 13G PAGE 2 OF 6 PAGES
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NAME OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
John E. Little
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
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SOLE VOTING POWER
5
NUMBER OF 35,537,162 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 35,537,162 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
35,537,162
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
22.4%
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TYPE OF REPORTING PERSON*
12
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 736126 10 3 13G PAGE 3 OF 6 PAGES
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Item 1(a) Name of Issuer:
Portal Software, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
10200 South De Anza Boulevard
Cupertino, CA 95014
Item 2(a) Name of Person Filing:
This statement is filed by John E. Little/2/ (the "Reporting
Person.").
Item 2(b) Address of Principal Business Office or, if none, Residence:
10200 South De Anza Boulevard
Cupertino, CA 95014
Item 2(c) Citizenship:
United States.
Item 2(d) Title of Class of Securities:
Common Stock.
Item 2(e) CUSIP Number:
736126 10 3
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:
(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.
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/2/ Mr. Little is the Chairman of the Board, Chief Executive Officer and
President of the Issuer.
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CUSIP NO. 736126 10 3 13G PAGE 4 OF 6 PAGES
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(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 advisor 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 13d1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this
box.
Not Applicable.
Item 4. Ownership.
(a) Amount Beneficially Owned: See Row 9 of cover page.
(b) Percent of Class: See Row 11 of cover page.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: See Row 5
of cover page.
(ii) shared power to vote or to direct the vote: See row
6 of cover page.
(iii) sole power to dispose or to direct the disposition
of: See Row 7 of cover page.
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CUSIP NO. 736126 10 3 13G PAGE 5 OF 6 PAGES
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(iv) shared power to dispose or to direct the disposition
of: See row 8 of cover page.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
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.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and 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.
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CUSIP NO. 736126 10 3 13G PAGE 6 OF 6 PAGES
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 14, 2000
/s/ John E. Little
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John E. Little
