<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 4 )*
Arbor Software Corp.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- --------------------------------------------------------------------------------
(Title of Class of Securities)
038918108
-------------------------------
(CUSIP Number)
Alberto W. Vilar, Amerindo Investment Advisors Inc.,
One Embarcadero Center, Suite 2300,
San Francisco, CA 94111-3162; Telephone: (415) 362-0292
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
October 4, 1996
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing 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 space .
---
Check the following space 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 described 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
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).
(Continued on following page(s))
<PAGE>
CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
AMERINDO INVESTMENT ADVISORS INC., a California corporation, AMERINDO
ADVISORS (U.K.) LIMITED, AMERINDO INVESTMENT ADVISORS, INC., a Panama
corporation, the AMERINDO ADVISORS (UK) LIMITED RETIREMENT BENEFITS
SCHEME, ALBERTO W. VILAR, GARY A. TANAKA, RENATA LE PORT AND JAMES
P.F. STABLEFORD, who disaffirm the existence of any group and who
are sometimes collectively referred to as the "Reporting Persons."
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
See Item 6 of separate cover pages for Reporting Persons
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares
Beneficially None
Owned By
Each -----------------------------------------------------------------
Reporting 8 Shared Voting Power
Person
With 1,657,361 shares in the aggregate for all Reporting Persons
and as to all but up to 4,000 of which beneficial
ownership is disclaimed
-----------------------------------------------------------------
9 Sole Dispositive Power
None
-----------------------------------------------------------------
10 Shared Dispositive Power
1,657,361 shares in the aggregate for all Reporting Persons
and as to all but up to 4,000 of which beneficial
ownership is disclaimed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,657,361 shares in the aggregate for all Reporting Persons and as to
all but up to 4,000 of which beneficial ownership is disclaimed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 15.16%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 2 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
AMERINDO INVESTMENT ADVISORS INC.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
California
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of None
Shares
Beneficially -----------------------------------------------------------------
Owned By
Each 8 Shared Voting Power
Reporting
Person 1,338,361 shares, as to all of which beneficial ownership
With is disclaimed
-----------------------------------------------------------------
9 Sole Dispositive Power
None
-----------------------------------------------------------------
10 Shared Dispositive Power
1,338,361 shares, as to all of which beneficial ownership
is disclaimed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,338,361 shares, as to all of which beneficial ownership is disclaimed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
12.24%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 3 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
AMERINDO ADVISORS (U.K.) LIMITED
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United Kingdom
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of None
Shares
Beneficially -----------------------------------------------------------------
Owned By
Each 8 Shared Voting Power
Reporting
Person
With None
-----------------------------------------------------------------
9 Sole Dispositive Power
None
-----------------------------------------------------------------
10 Shared Dispositive Power
None
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
None
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
0.0%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 4 of 17 -
<PAGE>
CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
AMERINDO INVESTMENT ADVISORS, INC.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
Panama
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of None
Shares
Beneficially
Owned By ----------------------------------------------------------------
Each 8 Shared Voting Power
Reporting
Person 315,000 shares, as to all of which beneficial ownership is
With disclaimed
----------------------------------------------------------------
9 Sole Dispositive Power
None
----------------------------------------------------------------
10 Shared Dispositive Power
315,000 shares, as to all of which beneficial ownership
disclaimed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
315,000 shares, as to all of which beneficial ownership disclaimed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 2.88%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 5 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
AMERINDO INVESTMENT ADVISORS (UK) LIMITED RETIREMENT BENEFITS SCHEME
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United Kingdom
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially
Owned By ----------------------------------------------------------------
Each 8 Shared Voting Power
Reporting
Person 4,000 shares, as to all of which beneficial ownership is
With disclaimed
----------------------------------------------------------------
9 Sole Dispositive Power
None
----------------------------------------------------------------
10 Shared Dispositive Power
4,000 shares, as to all of which beneficial ownership is
disclaimed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,000 shares, as to all of which beneficial ownership is disclaimed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 0.04%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* EP
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 6 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
ALBERTO W. VILAR
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially
Owned By ----------------------------------------------------------------
Each 8 Shared Voting Power
Reporting
Person 1,657,361 shares, as to all but up to 4,000 of which
With beneficial ownership is disclaimed
----------------------------------------------------------------
9 Sole Dispositive Power
None
----------------------------------------------------------------
10 Shared Dispositive Power
1,657,361 shares, as to all but up to 4,000 of which
beneficial ownership is disclaimed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,657,361 shares, as to all but a portion of which beneficial ownership is
disclaimed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 15.16%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 7 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
GARY A. TANAKA
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially
Owned By ----------------------------------------------------------------
Each 8 Shared Voting Power
Reporting
Person 1,657,361 shares, as to all but up to 4,000 of which
With beneficial ownership is disclaimed
----------------------------------------------------------------
9 Sole Dispositive Power
None
----------------------------------------------------------------
10 Shared Dispositive Power
1,657,361 shares, as to all but up to 4,000 of which
beneficial ownership disclaimed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,657,361 shares, as to all but a portion of which beneficial ownership
disclaimed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 15.16%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 8 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
RENATA LE PORT
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United Kingdom
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares
Beneficially None
Owned By ----------------------------------------------------------------
Each 8 Shared Voting Power
Reporting
Person 4,000 shares, as to only a portion of which beneficial
With ownership is affirmed
----------------------------------------------------------------
9 Sole Dispositive Power
None
----------------------------------------------------------------
10 Shared Dispositive Power
4,000 shares, as to only a portion of which beneficial
ownership is affirmed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,000 shares, as to only a portion of which beneficial
ownership is affirmed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 0.04%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 9 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
JAMES P. F. STABLEFORD
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds*
00
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required [ ]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization
United Kingdom
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares None
Beneficially
Owned By ----------------------------------------------------------------
Each 8 Shared Voting Power
Reporting
Person 4,000 shares, as to only a portion of which beneficial
With ownership is affirmed
----------------------------------------------------------------
9 Sole Dispositive Power
None
----------------------------------------------------------------
10 Shared Dispositive Power
4,000 shares, as to only a portion of which beneficial
ownership is affirmed
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,000 shares, as to only a portion of which beneficial
ownership is affirmed
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain
Shares* [X]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 0.04%
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 10 of 17 -
<PAGE>CUSIP
No. 038918108 13D/A
ITEM 1. Security and Issuer.
- ------- -------------------
The class of equity securities to which this statement relates is
the Common Stock of Arbor Software Corp. ("the Issuer"), whose principal
executive offices are located at 1325 Chesapeake Terrace, Sunnyvale, CA
94089.
ITEM 2. Identity and Background.
- ------ -----------------------
This statement is being filed by Amerindo Investment
Advisors Inc., a California corporation whose principal executive offices
are located at One Embarcadero Center, Suite 2300, San Francisco,
California, 94111 ("Amerindo"), Amerindo Advisors (U.K.) Limited, a United
Kingdom corporation whose principal executive offices are located at 43
Upper Grosvenor Street, London WIX 9PG England ("Amerindo UK"), Amerindo
Investment Advisors, Inc., a Panama corporation, whose principal executive
offices are located at Edificio Sucre, Calle 48 Este, Bella Vista, Apartado
6277, Panama 5, Panama ("Amerindo Panama"), the Amerindo Advisors (UK)
Limited Retirement Benefits Scheme, the address of which is 43 Upper
Grosvenor Street, London WIX 9PG England ("Retirement Benefits Scheme"),
Alberto W. Vilar, Gary A. Tanaka, James P. F. Stableford and Renata LePort.
Although this statement is being made jointly by Amerindo, Amerindo UK,
Amerindo Panama, the Retirement Benefits Scheme, Messrs. Vilar, Tanaka,
Stableford and Ms. LePort, each of them expressly disaffirms membership in any
group under Rule 13D-5 under the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), or otherwise.
Amerindo is registered as an investment advisor under the Investment
Advisors Act of 1940, as amended, and Amerindo UK is registered with the
Investment Management Regulatory Organization in the United Kingdom.
Messrs. Alberto W. Vilar and Gary A. Tanaka, whose business addresses are
the same as those set forth for Amerindo and Amerindo UK and each of whom
is a U.S. citizen, are the only directors and executive officers of
Amerindo U.K. and Amerindo Panama. They are also the only directors and
executive officers of Amerindo, other than Mr. James H. Furey, Chief Operating
Officer, and Mr. Joaquin Garcia-Larrieu, Chief Financial Officer.
Mr. Furey's business address is at Amerindo's offices at 399 Park Avenue,
New York, New York 10022, and Mr. Garcia's business address is Gables
International Plaza, 2655 Le Jeune Road, Suite 1112, Coral Gables, FL
33134. Messrs. Alberto W. Vilar, Gary A. Tanaka, James P. F. Stableford and
Ms. Renata Le Port are managing trustees of the Amerindo Advisors (UK) Limited
Retirement Benefits Scheme. Amerindo, Amerindo UK, Amerindo Panama,
the Retirement Benefits Scheme, Messrs. Vilar, Tanaka, Stableford
and Ms. Le Port are sometimes hereinafter collectively referred to as
the "Reporting Persons." Messrs. Vilar, Tanaka, Stableford, Furey, Garcia and
Ms. LePort are sometimes hereinafter collectively referred to as the "Other
Named Individuals."
During the last five years, none of the Reporting Persons or Other
Named Individuals has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), nor has any such individual or entity
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which proceeding such individual or
entity was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to,
Federal or state securities laws or finding any violation with respect to
such laws.
ITEM 3. Source and Amounts of Funds or Other Consideration.
- ------- --------------------------------------------------
All purchases of the subject securities by the Reporting Persons
have been in the ordinary course of the respective businesses of Amerindo,
Amerindo U.K. and Amerindo Panama (collectively, the "Advisor Entities") as
investment advisors, except for an aggregate of 4,000 shares which are
owned by the Retirement Benefits Scheme. Accordingly, the funds used to
purchase the subject securities have been client funds pertaining to accounts
under management, except that the shares owned by the Retirement Benefits
Scheme were purchased with Retirement Benefits Scheme assets, respectively.
Purchases of the Issuer's securities by the Named Individuals would all be
and have all been made with their personal funds, except that margin credit
may also be, and may have been, employed.
- 11 of 17 -
<PAGE>ITEM 4. Purpose of Transaction.
- ------- ----------------------
All of the subject securities have been purchased by the Advisor
Entities in the ordinary course of their respective businesses as
investment advisors (or, in the case of securities held by the
Retirement Benefits Scheme, in the ordinary course of investing for the
Plan and Retirement Benefits Scheme), and not with the purpose of
effecting changing or influencing the control of the issuer or in
connection with or as a participant in any transaction having such purpose
or effect, including any transaction subject to Rule 13D-3(b) under the
Exchange Act. Additionally, because each of the Advisor Entities is
obligated to act in the best interests of its respective clients and in
accordance with the respective mandates of those clients, there is no
agreement between or among any of the Reporting Persons to act together
with respect to the Issuer or its securities, except that they may, from
time to time and provided that transactions are otherwise being effected at
the same time, aggregate orders for client accounts in order to receive
more favorable trading terms. Any of the subject securities acquired or
which might in the future be acquired by any of the Named Individuals have
been and would be acquired for investment and not with the purpose of
effecting of changing or influencing the control of the issuer or in
connection with or as a participant in any transaction having such purpose
or effect, including any transaction subject to Rule 13D-3(b) under the
Exchange Act.
ITEM 5. Interests in Securities of Issuer.
- ------- ---------------------------------
(a) See Exhibit "A" attached hereto for information setting forth for
each of the Reporting Persons and for each Named Individual the aggregate number
of shares of the Common Stock of Issuer beneficially owned by such person as of
October 4, 1996, and the percentage which such shares constitute of the total
number of shares outstanding, as reflected on Issuer's Form 10K for the Year
ended June 30, 1996, unless information has been obtained as of a later
date directly from the Issuer (with beneficial ownership determined as set forth
in Rule 13D-3 under the Exchange Act, but disclaimed except as set forth in the
Exhibit).
(b) Messrs. Vilar and Tanaka share voting and dispositive power
over all shares shown as owned by any of the Reporting Persons, except that
Messrs. Vilar, Tanaka, Stableford and Ms. Le Port have shared
voting and dispositive power over the 4,000 shares held by the Retirement
Benefits Scheme; however, each client of the Advisor Entities has the
unilateral right to terminate the advisory arrangement with the Entity in
question on notice which typically need not exceed 30 days. Each of the
Other Named Individuals has sole voting and dispositive power as to the
shares shown in Exhibit "A" as owned by him.
(c) The table contained in Exhibit "B" attached hereto sets forth for
each of the Reporting Persons and Named Individuals information concerning all
acquisitions and dispositions of Issuer's Common Stock by any such person
during the period beginning on August 6, 1996, and ending on October 4, 1996,
including (i) the date of the transaction (ii) whether the transaction was a
purchase or sale, (iii) the number of shares involved, and (iv) the price per
share at which the transaction was effected. All transactions were effected on
the open market.
(d) The shares covered by this statement are all owned by clients
of the Advisor Entities and/or the Retirement Benefits Scheme.
No such person's interest in the securities included in this statement
exceeds 5% of the class outstanding.
(e) Inapplicable
- 12 of 17 -
<PAGE>ITEM 6. Contracts, Arrangements, Understandings or
- ------ Relationships with Respect to Securities
of the Issuer.
------------------------------------------
Messrs. Vilar and Tanaka are the sole shareholders and directors
of each of the Advisor Entities. As stated above, clients of those
Entities generally have the right to terminate their investment advisory
arrangements with those Entities on notice of 30 days or less.
ITEM 7. Material to be Filed as Exhibits.
- ------ --------------------------------
Inapplicable.
- 13 of 17 -
<PAGE>
SIGNATURES
----------
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete
and correct.
AMERINDO INVESTMENT ADVISORS INC.,
a California corporation
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, PRESIDENT
AMERINDO INVESTMENT ADVISORS (U.K.) LIMITED,
a United Kingdom corporation
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, DIRECTOR
AMERINDO INVESTMENT ADVISORS, INC.,
a Panama corporation
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, DIRECTOR
AMERINDO ADVISORS (UK) LIMITED RETIREMENT
BENEFITS SCHEME
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, TRUSTEE
By: /s/ Gary A. Tanaka
--------------------------------------
GARY A. TANAKA, TRUSTEE
By: /s/ Renata Le Port
--------------------------------------
RENATA LE PORT, TRUSTEE
By: /s/ James P.F. Stableford
--------------------------------------
JAMES P.F. STABLEFORD, TRUSTEE
/s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR
/s/ Gary A. Tanaka
--------------------------------------
GARY A. TANAKA
- 14 of 17 -
<PAGE>
EXHIBIT A
Arbor Software Corp.
COMMON STOCK
038918108
The following table sets forth for each of the Reporting Persons and
for each Other Named Individual the aggregate number of shares of the Common
Stock of the Issuer beneficially owned by such person as of October 4, 1996,
and the percentage which such shares constitute of the total number of
shares outstanding, as reflected on the Issuer's Form 10K for the Year
ended June 30, 1996, unless based on more recent information obtained
directly from the Issuer (with beneficial ownership determined as set forth
in Rule 13D-3 under the Exchange Act, but disclaimed as set forth in the
footnote):
NAME NO. OF SHARES (1) PERCENT OF CLASS
---- ------------- ----------------
Amerindo 1,338,361 12.24%
Amerindo UK 0 0.00%
Amerindo Panama 315,000 2.88%
Retirement Benefits 4,000 0.04%
Scheme
Alberto W. Vilar 1,657,361 15.16%
Gary A. Tanaka 1,657,361 15.16%
James H. Furey 0 0.00%
Joaquin Garcia 0 0.00%
Renata Le Port 4,000 0.04%
James P. F. Stableford 4,000 0.04%
(1) Messrs. Vilar and Tanaka, as the sole directors and shareholders of
each of the Advisor Entities, share voting and investment power as to all
shares shown as owned by the Advisor Entities, but they and the Advisor
Entities disclaim ownership of any of such shares. Messrs. Vilar, Tanaka,
Stableford and Ms. LePort, as the managing trustees of the Retirement Benefits
Scheme share investment and dispositive power as to the shares shown as owned
by the Plan, but disclaim beneficial ownership of any of such shares except
insofar as concerns their indirect interest therein by reason of their pro rata
interest in the Plan. The number of shares shown as owned by the Other Named
Individuals does not include any owned indirectly by them as participants in
the Plan. Each client of the Advisor Entities has the unilateral right to
terminate the advisory arrangement with the Entity in question on notice which
typically need not exceed 30 days.
- 15 of 17 -
<PAGE>
EXHIBIT B
Arbor Software Corp.
COMMON STOCK
038918108
The following table sets forth for each of the Reporting Persons and Other
Named Individuals information concerning all acquisitions and dispositions
of the Issuer's Common Stock by any such person during the period beginning
on August 6, 1996, and ending on October 4, 1996, including (i) the
date of the transaction (ii) whether the transaction was a purchase or
sale, (iii) the number of shares involved, and (iv) the price per share at
which the transaction was effected. All transactions were effected on the
open market.
Type of Number Price
Name Date Transaction of Shares per Share
- ---- ---- ----------- --------- ---------
Amerindo US 09-18-96 Buy 7,500 41.6750
Amerindo US 10-01-96 Transfer 1,025 47.5795 <1>
Amerindo US 10-04-96 Buy 97,500 38.1250
<1> Represents a transfer from a client's venture capital fund into an account
managed by Amerindo.
- 16 of 17 -
<PAGE>
EXHIBIT C
Arbor Software Corp.
COMMON STOCK
038918108
We hereby agree that the within Statement on Schedule 13D/A regarding our
beneficial ownership of Common Stock is filed on behalf of each of us.
AMERINDO INVESTMENT ADVISORS INC.,
a California corporation
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, PRESIDENT
AMERINDO INVESTMENT ADVISORS (U.K.) LIMITED,
a United Kingdom corporation
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, DIRECTOR
AMERINDO INVESTMENT ADVISORS, INC.,
a Panama corporation
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, DIRECTOR
AMERINDO ADVISORS (UK) LIMITED RETIREMENT
BENEFITS SCHEME
By: /s/ Alberto W. Vilar
--------------------------------------
ALBERTO W. VILAR, TRUSTEE
By: /s/ Gary A. Tanaka
--------------------------------------
GARY A. TANAKA, TRUSTEE
By: /s/ Renata Le Port
--------------------------------------
RENATA LE PORT, TRUSTEE
By: /s/ James P.F. Stableford
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JAMES P.F. STABLEFORD, TRUSTEE
/s/ Alberto W. Vilar
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ALBERTO W. VILAR
/s/ Gary A. Tanaka
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GARY A. TANAKA
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