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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)*
Entrust Technologies Inc.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
293848 10 7
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(CUSIP Number)
December 31, 1999
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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)
[_] 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 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 (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).
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CUSIP No. 293848 10 7 13G Page 2 of 5 Pages
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Nortel Networks Corporation
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
Not Applicable (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Canada
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SOLE VOTING POWER
5
NUMBER OF 23,567,789 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0 shares
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 23,567,789 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0 shares
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
23,567,789 shares
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
Not Applicable
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
46.8%
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
CO
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CUSIP No. 293848 10 7 13G Page 3 of 5 Pages
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Item 1(a). Name of Issuer:
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Entrust Technologies Inc. ("ETI").
Item 1(b). Address of Issuer's Principal Executive Offices:
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One Preston Park South
Suite 400
4975 Preston Park Boulevard
Plano, Texas 75093
Item 2(a). Name of Person Filing:
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Nortel Networks Corporation ("NNC").
Item 2(b). Address of Principal Business Office or, if None, Residence:
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Nortel Networks Corporation
8200 Dixie Road, Suite 100
Brampton, Ontario L6T 5P6
Attention: Corporate Secretary
Item 2(c). Citizenship:
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NNC is a Canadian corporation.
Item 2(d). Title of Class of Securities:
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Common Stock, $.01 par value per share ("Common Stock").
Item 2(e). CUSIP Number:
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CUSIP No. 293848 10 7
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Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
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(c), check whether the Person Filing is a:
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Not Applicable
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CUSIP No. 293848 10 7 13G Page 4 of 5 Pages
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Item 4. Ownership.
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<TABLE>
<S> <C>
(a) Amount Beneficially Owned: 23,567,789*
(b) Percent of Class: 46.8%
(c) Number of Shares as to Which Such Person Has:
(i) sole power to vote or to direct the vote: 23,567,789
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 23,567,789
(iv) shared power to dispose or to direct the disposition of: 0
</TABLE>
* The 23,567,789 shares beneficially owned by NNC consist of (i) 18,410,500
shares of Common Stock held of record by Nortel Networks Inc., a wholly owned
subsidiary of NNC ("NNI"), and (ii) 5,157,289 shares of Common Stock issuable
upon the exchange of 5,157,289 Exchangeable Shares (the "Exchangeable Shares")
of Entrust Technologies Limited, a majority-owned subsidiary of ETI, held by
NNC. NNC also holds 5,157,289 shares of Special Voting Stock, $.01 par value
per share (the "Special Voting Stock"), of ETI. At any time prior to December
31, 2006, NNC may exchange one Exchangeable Share, together with one share of
Special Voting Stock, for one share of Common Stock of ETI. NNC has sole
voting and investment power with respect to the shares of Common Stock held by
NNI.
Item 5. Ownership of Five Percent or Less of a Class.
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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 5% of the class of securities, check the
following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
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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.
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Not Applicable
Item 9. Notice of Dissolution of Group.
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Not Applicable
Item 10. Certifications.
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Not Applicable
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CUSIP No. 293848 10 7 13G Page 5 of 5 Pages
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SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
statement is true, complete and correct.
Date: February 11, 2000 NORTEL NETWORKS CORPORATION
By: /s/ Frank A. Dunn
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Frank A. Dunn
Chief Financial Officer
By: /s/ Blair F. Morrison
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Blair F. Morrison
Assistant Secretary