UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
The Goldman Sachs Group, L.P.
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(Last) (First) (Middle)
85 Broad Street
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(Street)
New York, New York 10004
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
November 10, 1998
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Great Plains Software, Inc.
(GPSI)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[ ] Form Filed by One Reporting Person
[ X ] Form Filed by More than One Reporting Person
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<PAGE>
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Beneficially Owned |
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| | | |
| | | |
| | 3. Ownership Form: | |
| 2. Amount of Securities | Direct (D) or | |
1. Title of Security | Beneficially Owned | Indirect (I) | 4. Nature of Indirect Beneficial Ownership |
(Instr. 4) | (Instr. 4) | (Instr. 5) | (Instr.5) |
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<S> <C> <C> <C>
| | | |
Common Stock | 01 | 01 | 01 |
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| | | |
Common Stock | 67.269944 | I | 02 |
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| | | |
| | | |
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
*If the form is filed by more than one Reporting Person, see Instruction
5(b)(v).
FORM 3 (continued)
<TABLE>
<CAPTION>
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Table II -- Derivative Securities Beneficially Owned |
(e.g., puts, calls, warrants, options, convertible securities) |
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| | | | | |
| | | | 5. Owner- | |
| | 3. Title and Amount of Securities | | ship | |
| | Underlying Derivative Security | | Form of | |
|2. Date Exercisable | (Instr. 4) | | Derivative | |
| and Expiration Date | --------------------------------- | 4. Conver- | Security: | |
| (Month/Day/Year) | | Amount | sion or | Direct |6.Nature of |
|---------------------- | | or | Exercise | (D) or | Indirect |
|Date |Expira- | | Number | Price of | Indirect | Beneficial|
1. Title of Derivative |Exer- |tion | | of | Derivative| (I) | Ownership |
Security (Instr. 4) |cisable |Date | Title | Shares | Security | (Instr.5) | (Instr. 5)|
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<S> <C> <C> <C> <C> <C> <C> <C>
Stock Option | | | | | | | |
(right to buy) | 10/10/97 | 9/10/02 | Common Stock | 2,000 | $27.125 | 03 | 03 |
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| | | | | | | |
| | | | | | | |
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</TABLE>
<PAGE>
Instruction 5(b)(v) list of other Reporting Persons:
This statement is being filed by GS Capital Partners, L.P. ("GSCP"), GS
Advisors, L.P. ("GS Advisors"), Bridge Street Fund 1994, L.P. ("Bridge Street"),
Stone Street Fund 1994, L.P. ("Stone Street" and together with Bridge Street,
"Bridge/Stone"), Stone Street Funding Corp. ("SSF"), Goldman, Sachs & Co.
("Goldman Sachs") and The Goldman Sachs Group, L.P. ("GS Group", and together
with GSCP, GS Advisors, Bridge Street, Stone Street, SSF and Goldman Sachs, the
"Reporting Persons"). The principal business address of each of the Reporting
Persons is 85 Broad Street, New York, New York 10004.
Explanation of Responses:
01: Goldman Sachs and GS Group may be deemed to own beneficially and indirectly
in the aggregate 1,205,627 shares of Common Stock through GSCP and Bridge/Stone
(collectively, the "Limited Partnerships") of which affiliates of Goldman Sachs
and GS Group are the general partner or managing general partner. Goldman Sachs
is the investment manager of GSCP. GS Group is the general partner of and owns a
99% interest in Goldman Sachs. Goldman Sachs and GS Group each disclaim
beneficial ownership of the shares of Common Stock owned by the Limited
Partnerships except to the extent of their pecuniary interest therein.
GSCP may be deemed to own beneficially and directly and its general partner, GS
Advisors, may be deemed to own beneficially and indirectly, 1,060,368 shares of
Common Stock. GS Advisors disclaims beneficial ownership of the securities
reported herein except to the extent of its pecuniary interest therein.
Bridge Street may be deemed to own beneficially and directly and its managing
general partner, SSF, may be deemed to own beneficially and indirectly 73,872
shares of Common Stock. SSF disclaims beneficial ownership of the securities
reported herein except to the extent of its pecuniary interest therein.
Stone Street may be deemed to own beneficially and directly and its general
partner, SSF, may be deemed to own beneficially and indirectly 71,387 shares of
Common Stock. SSF disclaims beneficial ownership of the securities reported
herein except to the extent of its pecuniary interest therein.
02: Goldman Sachs and GS Group may be deemed to own beneficially and indirectly
67.269944 shares of Common Stock which are beneficially and directly owned by
Greene Street 1998 Exchange Fund, L.P. ("Greene Street 1998 Fund"). Goldman
Sachs is the investment manager of the Greene Street 1998 Fund. An affiliate of
Goldman Sachs and GS Group is the general partner of the Greene Street 1998
Fund. GS Group is the general partner of and owns a 99% interest in Goldman
Sachs. The 67.269944 shares reported herein as indirectly beneficially owned by
Goldman Sachs and GS Group represents GS Group's proportionate interest in the
shares of the Issuer owned by the Greene Street 1998 Fund.
03: These options were granted under the Great Plains Software, Inc. Outside
Directors' Stock Option Plan to a person who is a managing director of Goldman
Sachs and at the time of the grant a director of the Issuer. This person has an
understanding with GS Group pursuant to which he holds such options for the
benefit of GS Group.
Signatures:
GS CAPITAL PARTNERS, L.P.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
GS ADVISORS, L.P.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
THE GOLDMAN SACHS GROUP, L.P.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
BRIDGE STREET FUND 1994, L.P.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
STONE STREET FUND 1994, L.P.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
STONE STREET FUNDING CORP.
By: s/ Hans-Linhard Reich
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Name: Hans-Linhard Reich
Title: Attorney-in-fact
Date: November 20, 1998
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
Alternatively, this form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.
