<PAGE>
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 1)/1/
NEWSEDGE CORPORATION (FORMERLY DESKTOP DATA, INC.)
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 Par Value Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
65249Q 10 6 (FORMERLY 25057H-10-1)
- --------------------------------------------------------------------------------
(CUSIP Number)
Edward R. Siegfried, NewsEDGE Corporation, 80 Blanchard Road,
Burlington, MA 01803 (781) 229-3000
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 24, 1998
- --------------------------------------------------------------------------------
(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 13d-1(b)(3) or (4), check the following box. [_]
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.
(Continued on following pages)
(Page 1 of 32 Pages)
- --------------------------------
/1/ 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 on 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 ("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>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 2 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Individual, Inc.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 04-3036959
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
State of Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
0
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 3 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Donald L. McLagan
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
1,719,557
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
414,442
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,719,557 (subject to the restrictions set forth in
that certain Affiliate Agreement dated November 3,
PERSON 1997 filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
414,442 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
filed as Exhibit 6 to the Schedule 13D)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
2,133,999
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
12.59%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 4 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 Barbara B. McLagan as Custodian for Marnie E. McLagan Under the
Massachusetts Uniform Transfer to Minors Act
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Massachusetts
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
207,221
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 207,221 (subject to the restrictions set forth in
that certain Affiliate Agreement dated November 3,
PERSON 1997 filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
207,221
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.22%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 5 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 Barbara B. McLagan as Custodian for Christopher R. McLagan Under the
Massachusetts Uniform Transfer to Minors Act
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Massachusetts
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
207,221
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 207,221 (subject to the restrictions set forth in
that certain Affiliate Agreement dated November 3,
PERSON 1997 filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
207,221
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.22%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
OO
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 6 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Edward R. Siegfried
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
127,795
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 127,795 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
PERSON filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
127,795
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.75%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 7 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
SCHEDULE 13D
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
A. Baron Cass
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
96,437
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 96,437 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
PERSON filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
96,437
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.57%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 8 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Rory Cowan
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
12,500
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 12,500 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
PERSON filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
12,500
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.07%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 9 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Ellen Carnahan
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
2,500
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
213,120
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 2,500 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
PERSON filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
213,120 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
as Exhibit 6 to the Schedule 13D)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
215,620
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.27%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 10 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
William Blair Venture Partners III
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Illinois Limited Partnership
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
213,120
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 213,120 (subject to the restrictions set forth in
that certain Affiliate Agreement dated November 3,
PERSON 1997 filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
213,120
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.26%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 11 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Daniel F.X. O'Reilly
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
202,678
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
30,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 202,678 (subject to the restrictions set forth in
that certain Affiliate Agreement dated November 3,
PERSON 1997 filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
30,000 (subject to the restrictions set forth in that
certain Affiliate Agreement Dated November 3, 1997 as
Exhibit 6 to the Schedule 13D)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
232,678
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
1.37%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 12 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Clifford M. Pollan
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
138,017
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 138,017 (subject to the restrictions set forth in
that certain Affiliate Agreement dated November 3,
PERSON 1997 filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
138,017
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.81%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 13 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
June Rokoff
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
10,525
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 10,525 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
PERSON filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
-0-
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
10,525
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.06%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 14 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
John L. Moss
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
OO
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
5 ITEMS 2(d) or 2(e) [_]
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
13,880
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 13,880 (subject to the restrictions set forth in that
certain Affiliate Agreement dated November 3, 1997
PERSON filed as Exhibit 6 to the Schedule 13D)
WITH -----------------------------------------------------------
SHARED DISPOSITIVE POWER
10
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
13,880
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
0.08%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
IN
- ------------------------------------------------------------------------------
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 15 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
This Amendment No. 1 amends the Statement on Schedule 13D filed with
the Securities and Exchange Commission on November 13, 1997 (the "Schedule 13D")
by Individual, Inc., ("Individual") and Donald L. McLagan, Barbara B. McLagan as
Custodian for Marnie E. McLagan Under the Massachusetts Uniform Transfer to
Minors Act (the "Marnie E. McLagan Trust"), Barbara B. McLagan as Custodian for
Christopher R. McLagan Under the Massachusetts Uniform Transfer to Minors Act
(the "Christopher E. McLagan Trust"), Edward R. Siegfried, Daniel F. X.
O'Reilly, Clifford M. Pollan, A. Baron Cass, June Rokoff, Rory Cowan, Ellen
Carnahan, William Blair Venture Partners III, and John L. Moss (collectively,
the "Reporting Persons") with respect to the shares of Common Stock, par value
$0.01, (the "Issuer Common Stock") of Desktop Data, Inc. (the "Issuer"), now
known as NewsEDGE Corporation.
This Amendment No. 1 is filed with respect to the Issuer Common Stock
on behalf of Individual and the Reporting Persons. Individual beneficially
owned Issuer Common Stock due to the Stock Option Agreement dated November 2,
1997 between Individual and the Issuer, as described in Item 4 of the Schedule
13D. The Reporting Persons beneficially owned Issuer Common Stock subject to
the voting and disposition restrictions set forth in the Participation
Agreement, dated November 3, 1997 and the Affiliate Agreement dated November 3,
1997, respectively, each between the Reporting Persons and Desktop. The
Participation Agreement and Affiliate Agreement are also described in Item 4 of
the Schedule 13D.
Unless otherwise defined herein, all capitalized terms shall have the meaning
ascribed to them in the Schedule 13D.
Item 5 of the Schedule 13D is hereby amended in its entirety to read as
follows:
ITEM 5. INTEREST IN THE SECURITY OF THE ISSUER
(a) - (b) The merger (the "Merger") of Individual with and into the Issuer
was consummated on February 24, 1998. The Stock Option granted by the Issuer to
Individual, pursuant to which Individual had the right, upon the occurrence of
certain events, to purchase from the Issuer up to 1,726,398 shares of Issuer
Common Stock, terminated at the effective time of the Merger. In addition, the
Participation Agreement, which subjected shares beneficially owned by Reporting
Persons to certain voting restrictions terminated at the effective time of the
Merger.
As a result of the Merger, each issued and outstanding share of common stock,
par value $0.01, of Individual, Inc. was converted into one-half (1/2) of one
share of Issuer Common Stock, par value $0.01 per share, of Desktop, which was
renamed as of the effective time of the Merger "NewsEDGE Corporation."
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 16 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
Set forth on Schedule I opposite each Reporting Person's name is (i) the
number of shares of Issuer Common Stock beneficially owned by such Reporting
Person as of February 25, 1998 (identifying those shares which there is a right
to purchase) and (ii) the percentage of issued and outstanding Issuer Common
Stock that such shares represent (based on the number of shares of Issuer Common
Stock outstanding as of February 27, 1998 and reflecting the change in the
Issuer's capitalization resulting from the Merger). The Reporting Persons hold
securities of the Issuer for investment purposes only.
(c) Except as set forth in Schedule II hereto, each Reporting Person,
represents on behalf of itself that it has not affected any transaction in
Issuer Common Stock since the previous filing on Schedule 13D.
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 17 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 24, 1998 INDIVIDUAL, INC.
By: _____________________________
Michael E. Kolowich
Chairman, President and
Chief Executive Officer
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 18 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ Donald L. McLagan
---------------------
Donald L. McLagan
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 19 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998 Barbara B. McLagan as Custodian for
Marnie E. McLagan under the Massachusetts
Uniform Transfer to Minors Act
/s/ Barbara B. McLagan
----------------------
Name: Barbara B. McLagan
Title: Trustee
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 20 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998 Barbara B. McLagan as Custodian for
Christopher R. McLagan under the
Massachusetts Uniform Transfer to Minors Act
/s/ Barbara B. McLagan
----------------------
Name: Barbara B. McLagan
Title: Trustee
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 21 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ Edward R. Siegfried
-----------------------
Edward R. Siegfried
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 22 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ Clifford M. Pollan
----------------------
Clifford M. Pollan
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 23 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ John L. Moss
----------------
John L. Moss
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 65249Q 10 6 13D PAGE 24 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ Daniel F. X. O'Reilly
-------------------------
Daniel F. X. O'Reilly
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 25 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ A. Baron Cass
-----------------
A. Baron Cass
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 26 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ June Rokoff
---------------
June Rokoff
<PAGE>
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CUSIP NO. 65249Q 10 6 13D PAGE 27 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ Rory Cowan
--------------
Rory Cowan
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 25057H-10-1 13D PAGE 28 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998
/s/ Ellen Carnahan
------------------
Ellen Carnahan
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 25057H-10-1 13D PAGE 29 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
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: February 25, 1998 WILLIAM BLAIR VENTURE PARTNERS III
WILLIAM BLAIR VENTURE
MANAGEMENT, L.P.
/s/ Ellen Carnahan
------------------
Name: Ellen Carnahan
Title: General Partner
<PAGE>
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CUSIP NO. 25057H-10-1 13D PAGE 30 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
SCHEDULE I
<TABLE>
<CAPTION>
Percentage of Outstanding
Number of Shares of Issuer Shares of Issuer Common
Individual Common Stock Beneficially Owned Stock as of February 27 1998
- ---------- ------------------------------- ----------------------------
<S> <C> <C>
Donald McLagan 2,133,999 12.59%
Barbara B. McLagan as 207,221 1.22%
Custodian for Marnie E.
McLagan under the
Massachusetts Uniform
Transfer to Minors Act
Barbara B. McLagan as 207,221 1.22%
Custodian for
Christopher R. McLagan
under the Massachusetts
Uniform Transfer to
Minors Act
Edward R. Siegfried 127,795 0.75%
(includes right to acquire
19,685 shares)
Daniel F. X. O'Reilly 232,678 1.37%
(includes right to acquire
19,685 shares)
Clifford M. Pollan 138,017 0.81%
(includes right to acquire
19,685 shares)
A. Baron Cass 96,437 0.57%
(includes right to acquire
2,500 shares)
Rory Cowan 12,500 0.07%
(includes right to acquire
2,500 shares)
June Rokoff 10,525 0.06%
</TABLE>
<PAGE>
- ----------------------- ---------------------
CUSIP NO. 25057H-10-1 13D PAGE 31 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
<TABLE>
<CAPTION>
<S> <C> <C>
John L. Moss 13,880 0.08%
(includes right to acquire
13,280 shares)
Ellen Carnahan 215,620 1.27%
(includes right to acquire
2,500 shares)
William Blair Venture 213,120 1.26%
Partners III
</TABLE>
<PAGE>
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CUSIP NO. 25057H-10-1 13D PAGE 32 OF 32 PAGES
(FORMERLY 25057H-10-1)
- ----------------------- ---------------------
SCHEDULE II
<TABLE>
<CAPTION>
Name Shares Price Date
- ---- ------ ----- ----
<S> <C> <C> <C>
Donald L. McLagan 8,800 (A) $8.0471 11/13/97*
1,200 (A) $8.2500 11/18/97*
1,000 (A) $8.0625 11/21/97*
2,600 (A) $8.0000 11/24/97*
500 (A) ** 2/24/98**
Daniel F.X O'Reilly 30,000 (A) $8.2500 11/18/97***
</TABLE>
* Shares acquired via open market purchases.
** As a result of the Merger, 1,000 shares of common stock of Individual, Inc.
held by Mr. McLagan were converted into 500 shares of NewsEDGE Corporation.
*** Shares acquired via open market purchases by Mr. O'Reilly's spouse. Mr.
O'Reilly disclaims beneficial ownership of such shares.
