TANNING TECHNOLOGY CORP
SC 13G/A, 2000-02-18
COMPUTER INTEGRATED SYSTEMS DESIGN
Previous: 1ST INTERNET GROUP INC, 15-12G, 2000-02-18
Next: TANNING TECHNOLOGY CORP, SC 13G/A, 2000-02-18



                                SCHEDULE 13G

                               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 13(d)-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                         PURSUANT TO RULE 13d-2(b)


                 UNDER THE SECURITIES EXCHANGE ACT OF 1934
                             (AMENDMENT NO. 1)*


                       TANNING TECHNOLOGY CORPORATION
- ------------------------------------------------------------------------------
                              (Name of Issuer)

                  COMMON STOCK, PAR VALUE $0.01 PER SHARE
- ------------------------------------------------------------------------------
                       (Title of Class of Securities)

                                87588 P10 1
          -------------------------------------------------------
                               (CUSIP Number)

                               JULY 22, 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)
    |_|    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 the disclosures provided in a prior 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 (the "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>
                                SCHEDULE 13G
- -----------------------------                -----------------------------
CUSIP NO. 87588 P10 1                        PAGE  1  OF  6  PAGES
- -----------------------------                -----------------------------

1   NAME OF REPORTING PERSON
    /I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       BIPIN AGARWAL

2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a)  [ ]
                                                         (b)  [X]
       (SEE INSTRUCTIONS)

3   SEC USE ONLY

4   CITIZENSHIP OR PLACE OF ORGANIZATION

     UNITED STATES

  NUMBER OF      5  SOLE VOTING POWER

   SHARES            2,313,291

 BENEFICIALLY    6  SHARED VOTING POWER

OWNED BY EACH            0

 REPORTING       7  SOLE DISPOSITIVE POWER

PERSON WITH         2,313,291

                 8  SHARED DISPOSITIVE POWER

                         0

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           2,313,291

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)

          11.45%

12  TYPE OF REPORTING PERSON

          IN

<PAGE>


                                SCHEDULE 13G
- -----------------------------                ------------------------------
CUSIP NO. 87588 P10 1                        PAGE   2  OF  6  PAGES
- -----------------------------                ------------------------------

1   NAME OF REPORTING PERSON
    /I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       WINSOFT CORPORATION

2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a)  [ ]
                                                         (b)  [X]
       (SEE INSTRUCTIONS)

3   SEC USE ONLY

4   CITIZENSHIP OR PLACE OF ORGANIZATION

     COLORADO

  NUMBER OF      5  SOLE VOTING POWER

   SHARES            2,313,291

 BENEFICIALLY    6  SHARED VOTING POWER

OWNED BY EACH            0

 REPORTING       7  SOLE DISPOSITIVE POWER

PERSON WITH         2,313,291

                 8  SHARED DISPOSITIVE POWER

                         0

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           2,313,291

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)

          11.45%

12  TYPE OF REPORTING PERSON

          CO

<PAGE>

                                SCHEDULE 13G
- -----------------------------                ------------------------------
CUSIP NO. 87588 P10 1                        PAGE   3  OF   6  PAGES
- -----------------------------                ------------------------------

Item 1.

(a)     NAME OF ISSUER:  Tanning Technology Corporation (the "Company")

(b)     ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

        4600 South Syracuse Street, Suite 1200
        Denver, Colorado 80237

Item 2.

(a) - (c)      NAME OF PERSON FILING; ADDRESS OF PRINCIPAL BUSINESS OFFICE;
               AND CITIZENSHIP:

               NAME OF PERSON FILING; ADDRESS OF RESIDENCE; AND CITIZENSHIP:

               This statement is filed on behalf of (a) Bipin Agarwal,
               Director and Executive Vice President of Strategy, Planning
               and New Ventures for the Company, and a United States
               citizen ("Agarwal"), and (b) WinSoft Corporation, a Colorado
               corporation ("WinSoft"). The address of principal business
               office of each Reporting Person is:

               c/o Tanning Technology Corporation
               4600 South Syracuse Street, Suite 1200
               Denver, Colorado 80237

2(d)           TITLE OF CLASS OF SECURITIES:  Common Stock, par value
               $0.01 per share of the Company (the "Shares")

2(e)           CUSIP NUMBER:  87588 P10 1


Item 3.        IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b),
               OR 13-2(b), CHECK WHETHER THE PERSON FILING IS A:


               This Item 3 is not applicable.


Item 4.        OWNERSHIP:


(a)            AMOUNT BENEFICIALLY OWNED:

               (i)  Agarwal may be deemed the beneficial owner of 2,313,291
                    Shares as a result of being the controlling shareholder
                    of WinSoft.

<PAGE>


                                SCHEDULE 13G
- -----------------------------                ------------------------------
CUSIP NO. 87588 P10 1                        PAGE   4  OF   6  PAGES
- -----------------------------                ------------------------------


               (ii)  WinSoft may be deemed the beneficial owner of 2,313,291
                     Shares, all of which it holds directly.

               (iii) Agarwal, WinSoft and certain of the other shareholders
                     of the Company have entered into an amended and
                     restated shareholder agreement dated as of July 20,
                     1999. Under this agreement, the parties have agreed
                     that: (A) the board of directors shall initially be
                     comprised of seven directors, (B) the board of
                     directors shall be composed of a designated slate of
                     directors to serve until the first annual meeting of
                     shareholders, and (C) thereafter, WinSoft may
                     designate one director to the board of directors and
                     certain of the other shareholders may designate in the
                     aggregate two directors to the board of directors.

(b)            PERCENT OF CLASS:

               (i)   The number of Shares of which Agarwal may be deemed to
                     be the beneficial owner constitutes approximately
                     11.45% of the total number of Shares outstanding.

               (ii)  The number of Shares of which WinSoft may be deemed to
                     be the beneficial owner constitutes approximately
                     11.45% of the total number of Shares outstanding.

(c)            NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

               Agarwal:

               (i)    sole power to vote or to direct the vote:

                      2,313,291

               (ii)   shared power to vote or to direct the vote:

                      0

               (iii)  sole power to dispose or to direct the disposition of:

                      2,313,291

               (iv)   shared power to dispose or to direct the disposition of:

                      0


               WinSoft:

               (i)    sole power to vote or to direct the vote:

                      2,313,291

<PAGE>

                                SCHEDULE 13G
- -----------------------------                ------------------------------
CUSIP NO. 87588 P10 1                        PAGE   5  OF   6  PAGES
- -----------------------------                ------------------------------


               (ii)   shared power to vote or to direct the vote:

                      0

               (iii)  sole power to dispose or to direct the disposition of:

                      2,313,291

               (iv)   shared power to dispose or to direct the disposition of:

                      0


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.        NOTICES OF DISSOLUTION OF GROUP:


               Not applicable.


Item 10.       CERTIFICATIONS:


               Not applicable.
<PAGE>



                                SCHEDULE 13G
- -----------------------------                ------------------------------
CUSIP NO. 87588 P10 1                        PAGE   6  OF   6  PAGES
- -----------------------------                ------------------------------


                                 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:  February 14, 2000                BIPIN AGARWAL
                                          /s/ Bipin Agarwal
                                          ---------------------------



                                          WINSOFT CORPORATION

                                          By:   /s/ Bipin Agarwal
                                               -----------------------------
                                               Bipin Agarwal, President



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission