UNITED STATES
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. __)1
Be Free, Inc.
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(Name of Issuer)
Common
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(Title or Class of Securities)
073308-10-8
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(CUSIP Number)
12-31-99
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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)
|X| RULE 13D-1(C)
|_| Rule 13d-1(d)
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 ("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 1 of 12 Pages)
<PAGE>
CUSIP No. 073308-10-8 13G Page 2 of 12
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1 NAMES OF REPORTING PERSONS
CHARLES RIVER VIII GP LIMITED PARTNERSHIP
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
04-3365728
- --------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) |_|
(B) |_|
- --------- ----------------------------------------------------------------------
3 SEC USE ONLY
- --------- ----------------------------------------------------------------------
4 CITIZENSHIP OF PLACE OR ORGANIZATION
Delaware
- -------------------------------- ---------- ------------------------------------
5 SOLE VOTING POWER
4,405,074,
NUMBER OF ---------- ------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY ---------- ------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 4,405,074
PERSON ---------- ------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
0
- -------------------------------- ---------- ------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,405,074
- --------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.8%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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<PAGE>
CUSIP No. 073308-10-8 13G Page 3 of 12
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1 NAMES OF REPORTING PERSONS
CHARLES RIVER PARTNERSHIP VIII
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
04-3365727
- --------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) |_|
(B) |_|
- --------- ----------------------------------------------------------------------
3 SEC USE ONLY
- --------- ----------------------------------------------------------------------
4 CITIZENSHIP OF PLACE OR ORGANIZATION
Delaware
- -------------------------------- ---------- ------------------------------------
5 SOLE VOTING POWER
4,405,074
NUMBER OF ---------- ------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY ---------- ------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 4,405,074
PERSON ---------- ------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
0
- -------------------------------- ---------- ------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,405,074
- --------- ----------------------------------------------------------------------
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)
16.8%
- --------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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<PAGE>
CUSIP No. 073308-10-8 13G Page 4 of 12
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1 NAMES OF REPORTING PERSONS
RICHARD M. BURNES, JR.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
033-360-3197
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) |_|
(B) |_|
- --------- ----------------------------------------------------------------------
3 SEC USE ONLY
- --------- ----------------------------------------------------------------------
4 CITIZENSHIP OF PLACE OR ORGANIZATION
UNITED STATES
- -------------------------------- ---------- ------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ---------- ------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,486,298
OWNED BY ---------- ------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON ---------- ------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
4,486,298
- -------------------------------- ---------- ------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,486,298
- --------- ----------------------------------------------------------------------
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)
17.1 %
- --------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------- ----------------------------------------------------------------------
<PAGE>
CUSIP No. 073308-10-8 13G Page 5 of 12
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1 NAMES OF REPORTING PERSONS
MICHAEL J. ZAK
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
###-##-####
- --------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) |_|
(B) |_|
- --------- ----------------------------------------------------------------------
3 SEC USE ONLY
- --------- ----------------------------------------------------------------------
4 CITIZENSHIP OF PLACE OR ORGANIZATION
UNITED STATES
- -------------------------------- ---------- ------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ---------- ------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,486,298
OWNED BY ---------- ------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON ---------- ------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
4,486,298
- -------------------------------- ---------- ------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,486,298
- --------- ----------------------------------------------------------------------
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)
17.1 %
- --------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------- ----------------------------------------------------------------------
<PAGE>
CUSIP No. 073308-10-8 13G Page 6 of 12
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1 NAMES OF REPORTING PERSONS
TED R. DINTERSMITH.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
###-##-####
- --------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) |_|
(B) |_|
- --------- ----------------------------------------------------------------------
3 SEC USE ONLY
- --------- ----------------------------------------------------------------------
4 CITIZENSHIP OF PLACE OR ORGANIZATION
UNITED STATES
- --------- ----------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ---------- ------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,486,298
OWNED BY ---------- ------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON ---------- ------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
4,486,298
- -------------------------------- ---------- ------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,486,298
- --------- ----------------------------------------------------------------------
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)
17.1 %
- --------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------- ----------------------------------------------------------------------
<PAGE>
CUSIP No. 073308-10-8 13G Page 7 of 12
ITEM 1(a). NAME OF ISSUER:
Be Free, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
154 Crane Meadow Road, Suite 100
Marlboro, MA 01752
ITEM 2(a). NAME OF PERSON FILING:
Charles River Partnership VIII, Charles River VIII GP Limited
Partnership, Richard M. Burnes, Jr., Michael J. Zak; and Ted
R. Dintersmith. Messers. Burnes, Zak and Dintersmith are
individual general partners of the Charles River VIII GP.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office for Charles River
Partnership VIII, Charles River VIII GP Limited Partnership,
Richard M. Burnes, Jr., Michael J. Zak and Ted R. Dintersmith
is 1000 Winter St., Suite 3300, Waltham, MA 02451
ITEM 2(c). CITIZENSHIP:
Charles River Partnership VIII and Charles River VIII GP
Limited Partnership are Delaware limited partnerships. Richard
M. Burnes, Jr., Michael J. Zak; and Ted R. Dintersmith are
United States citizens.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common
ITEM 2(e). CUSIP NUMBER:
073308-10-8
<PAGE>
CUSIP No. 073308-10-8 13G Page 8 of 12
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
Act.
(b) |_| Bank as defined in Section 3(a)(6) of the Act.
(c) |_| Insurance company as defined in Section 3(a)(19) of
the Act.
(d) |_| Investment company registered under Section 8 of the
Investment Company Act.
(e) |_| Investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E).
(f) |_| Employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F).
(g) |_| Parent holding company, in accordance with Rule
13d-1(b) (1)(ii)(G).
(h) |_| Savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i) |_| 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]
<PAGE>
CUSIP No. 073308-10-8 13G Page 9 of 12
ITEM 4. OWNERSHIP:
(a) Amount beneficially owned:
Charles River Partnership VIII and Charles River VIII GP
Limited Partnership, may be deemed to own 4,405,074 shares of
Common Stock as of 12/31/99. Richard M. Burnes, Jr., Michael
J. Zak and Ted R. Dintersmith may be deemed to own 4,486,298
shares of Common Stock as of 12/31/99.
(b) Percent of class:
Charles River Partnership VIII and Charles River VIII GP
Limited Partnership, may be deemed to own 16.8%. Richard M.
Burnes, Jr., Michael J. Zak and Ted R. Dintersmith may be
deemed to own 17.1%. Based on 26,218,444 shares outstanding
detailed in the prospectus dated 11/3/99.
(c) Number of shares as to which such person has:
(i) sole power to vote of direct the vote:
Charles River VIII GP Limited Partnership, 16.8%. Charles
River Partnership VIII, Richard M. Burnes, Jr., Michael J. Zak
and Ted R. Dintersmith. - 0%
(ii) shared power to vote or direct the vote:
Charles River Partnership VIII and Charles River VIII GP
Limited Partnership - 0 %. Richard M. Burnes, Jr., Michael J.
Zak and Ted R. Dintersmith. - 17.1%
(iii) Sole power to dispose or direct the disposition
Charles River VIII GP Limited Partnership - 16.8%. Charles
River Partnership VIII, Richard M. Burnes, Jr., Michael J. Zak
and Ted R. Dintersmith. - 0%
(iv) Shared power to dispose or direct the disposition
Charles River Partnership VIII and Charles River VIII GP
Limited Partnership, - 0 %. Richard M. Burnes, Jr., Michael J.
Zak and Ted R. Dintersmith. - 17.1%
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
<PAGE>
CUSIP No. 073308-10-8 13G Page 10 of 12
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, the undersigned certifies that, to the best
of its 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.
CUSIP No. 073308-10-8 13G Page 11 of 12
EXHIBIT 1.
AGREEMENT
Pursuant to Rule 13d-1 (f) (1) under the Securities and Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13G need be filed with respect to the ownership of the
undersigned of shares of Be Free, Inc.
After reasonable inquiry and to the best of the knowledge and belief
of the undersigned, the undersigned certifies that the information set forth in
this statement is true, complete and correct.
This agreement may be executed in any number of counterparts, each of
which shall be deemed to be an original.
Dated: February 9, 2000
Charles River Partnership VIII
By: Charles River VIII GP Limited Partnership
By: /s/ Richard M. Burnes, Jr.
------------------------------
Richard M. Burnes, Jr.
Authorized General Partner
Charles River VIII GP Limited Partnership
By: /s/ Richard M. Burnes, Jr.
------------------------------
Richard M. Burnes, Jr.
Authorized General Partner
/s/ Richard M. Burnes, Jr.
------------------------------
Richard M. Burnes, Jr.
/s/ Michael J. Zak
------------------------------
Michael J. Zak
/s/ Ted R. DIntersmith
------------------------------
Ted R. DIntersmith
CUSIP No. 073308-10-8 13G Page 12 of 12
Exhibit 2
REPORTING PERSON RELATIONSHIPS
On December 31, 1999 Charles River Partnership VIII (CRP VIII) was the
registered owner of 4,405,074 shares of Be Free, Inc. common stock. Its "sister"
venture capital fund, Charles River VIII-A LLC (CRP VIII-A) was the registered
holder of 81,224 shares of Be Free, Inc. common stock. The general partner of
CRP VIII is Charles River VIII GP Limited Partnership. The individual general
partners Charles River VIII GP Limited Partnership are Richard M. Burnes, Jr.,
Michael J. Zak and Ted R. Dintersmith. The sole manager of CRP VIII-A is Charles
River VII Friends, Inc. The owners and officers of Charles River VII Friends,
Inc. are Richard M. Burnes, Jr., Michael J. Zak and Ted R. Dintersmith. Messrs.
Burnes, Zak, and Dintersmith, along with Charles River VIII GP Limited
Partnership and Charles River VII Friends, Inc. disclaim beneficial ownership of
the shares for which it / he does not have a pecuniary interest.