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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)*
Corel Corporation
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
218680-10-9
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(CUSIP Number)
Eric Smith
Corel Corporation, 1600 Carling Avenue, Ottawa, Ontario, Canada K1Z 8R7
(613) 728-0826
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 1, 1999
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13-d-1(b)(3) or (4), check the
following box _ .
Check the following box if a fee is being paid with the statement _ . (A
fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities descried in Item 1; and (2) has filed
no amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class). (See rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
*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 disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be filed for the purpose of Section 18 of the Securities
Exchange of 1934 ( Act ) or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions to the
Act (however, see the Notes).
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SCHEDULE 13D
CUSIP No. 218680-10-9 Page 2 of 4 Pages
1 NAME OF REPORTING PERSON Novell, Inc.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVER PERSON 87-0393339
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ___
(b) ___
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3 SEC USE ONLY
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4 SOURCE OF FUNDS OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) ___
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6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
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NUMBER OF SHARES 7 SOLE VOTING POWER 3,896,500
BENEFICIALLY ---------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER 0
REPORTING ---------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER 3,896,500
WITH ---------------------------------------------------------
10 SHARED DISPOSITIVE POWER 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,896,500
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN THE ROW (11) EXCLUDES CERTAIN
SHARES* ___
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.27 %
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14 TYPE OF REPORTING PERSON* CO
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</PAGE>
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*SEE INSTRUCTIONS BEFORE FILING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-17 (INCLUDING
EHXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Item 1. Security and Issuer.
This Schedule 13D relates to Common Stock, no par value, of Corel
Corporation, a Canadian corporation ( Corel ). The principal executive
offices of Corel are located at 1600 Carling Avenue, Ottawa, Ontario,
Canada K1Z 8R7, telephone (613) 728-0826.
Item 2. Identity and Background.
This Schedule 13D is filed by Novell, Inc., a Delaware corporation, whose
corporate address is 122 East 1700 South, Provo, Utah 84606. Novell is the
leading network software provider worldwide.
Item 3. Source and Amount of Funds or Other Consideration.
Novell, Inc. acquired 9,950,000 shares of the Common Stock, without par
value per share (the Shares ) of Corel in exchange for certain assets
associated with a line of software products known as WordPerfect and
related products.
Item 4. Purpose of Transaction.
Novell acquired the Share in connection with its sale (the Sale ) to Corel
of a line of software products known as WordPerfect and related products.
As a part of the Agreement, Novell is entitled to a nominee to the Board
of Directors of Corel. (With this exception, Novell has no plans or
proposals which would relate to or would result in any of the items listed in
Item 4.)
On May 10, 11, 12, 14, 19, 20, and 26, 1999, 17,000, 15,000, 17,500,
177,000, 70,000, 100,000, and 3,000 shares respectively were sold at an
average price per day, per share of $2.9375, $2.9375, $2.9375, $2.7087,
$2.9156, $2.90625, and $2.90625 respectively.
Item 5. Interest in Securities of the Issuer.
(a) As of the date of this Schedule 13D, Novell beneficially owns
3,896,500 shares of Corel Common Stock or approximately 6.27 percent of the
issued and outstanding shares of Corel s Common Stock.
(b) Novell has sole power to vote and dispose of 3,896,500 shares of
Corel Common Stock held of record in the corporation s name.
(c) Other than as described above in response to Item 4 hereof, there
were no Corel Common Stock transactions effected by Novell during the 60-day
period preceding the date set forth on the cover.
(d) Not applicable.
(e) Not applicable.
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Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
As noted under Item 4 above, concurrently with the consummation of the
Sale, a nominee of Novell has appointed to the Board of Directors of
Corel. Currently Novell has declined this entitlement and does not have a
representative on the Board of Directors.
Item 7. Material to Be Filed as Exhibits.
None
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: June 14, 1999
/s/ Betty DePaola
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Novell, Inc.
Betty DePaola, Assitant Corporate Secretary
(4 of 4)
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