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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Daniel A. Borders
2334 Village Drive
Louisville, KY 40205
2. Date of Event Requiring Statement (Month/Day/Year)
February 28, 2000
3. IRS Number of Reporting Person
(Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Webvan Group, Inc. (WBVN)
5. Relationship of Reporting Person(s) to Issuer (Check all
applicable)
( ) Director (X) 10% Owner ( ) Officer (give title
below) ( ) Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
Table I -- Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
Securities Form: Beneficial Ownership
Beneficially Direct(D) or
Owned Indirect(I)
Common Stock 1,205,130 D
1,275,000 I By Trust(1)
31,438,283 I By Trust(2)
113,700 I By Trusts(3)
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Table II -- Derivative Securities Beneficially Owned
<TABLE>
<S> <C> <C> <C> <C> <C>
1.Title of 2.Date Exer- 3.Title and Amount 4. Conver- 5. Ownership 6. Nature of
Derivative cisable and of Securities sion or Form of Indirect
Security Expiration Underlying Exercise Derivative Beneficial
Date Derivative Security Price of Security:
Ownership
(Month/Day/ --------------- Deri- Direct(D) or
Year) Title Amount or vative Indirect (I)
--------------- Number of Security
Date Expira- Shares
Exer- tion
cisable Date
</TABLE>
Explanation of Responses:
(1) Held by Daniel A. Borders GRAT I for the benefit of Reporting
Person.
(2) Held by Borders 1997 Family Trust, of which Reporting Person
is the Trustee. The Reporting Person disclaims beneficial
ownership of these securities except to the extent of his
pecuniary interest therein.
(3) Held in various trusts for the benefit of family members of
Reporting Person, of which (except with respect to 3,600 shares)
Reporting Person is Trustee. The Reporting Person disclaims
beneficial ownership of these securities except to the extent of
his pecuniary interest therein.
SIGNATURE OF REPORTING PERSON
/s/ Daniel A. Borders
___________________________
Daniel A. Borders
DATE:
March 10, 2000
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