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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___)*
VERITAS SOFTWARE CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
923436 10 9
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(CUSIP Number)
*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).
Page 1 of 9
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SCHEDULE 13G
CUSIP NO. 923436 10 9 PAGE 2 OF 9 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WARBURG, PINCUS INVESTORS, L.P. I.D. # 13-3549187
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
2 (b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER -0-
NUMBER
OF
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SHARES 6 SHARED VOTING POWER 5,438,867
BENEFICIALLY
OWNED
---------------------------------------------------------
BY 7 SOLE DISPOSITIVE POWER -0-
EACH
REPORTING
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PERSON 8 SHARED DISPOSITIVE POWER 5,438,867
WITH
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,438,867
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
17.68%
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12 TYPE OF REPORTING PERSON*
PN
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Page 2 of 9
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SCHEDULE 13G
CUSIP NO. 923436 10 9 PAGE 3 OF 9 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WARBURG, PINCUS & CO. I.D. # 13-6358475
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
2 (b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
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5 SOLE VOTING POWER -0-
NUMBER
OF
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER 5,438,867
BENEFICIALLY
OWNED
---------------------------------------------------------
BY 7 SOLE DISPOSITIVE POWER -0-
EACH
REPORTING
---------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER 5,438,867
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,438,867
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
17.68%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
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Page 3 of 9
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SCHEDULE 13G
CUSIP NO. 923436 10 9 PAGE 4 OF 9 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
E.M. WARBURG, PINCUS & CO. LLC I.D. # 13-3536050
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
2 (b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
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5 SOLE VOTING POWER -0-
NUMBER
OF
---------------------------------------------------------
SHARES 6 SHARED VOTING POWER 5,438,867
BENEFICIALLY
OWNED
---------------------------------------------------------
BY 7 SOLE DISPOSITIVE POWER -0-
EACH
REPORTING
---------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER 5,438,867
WITH
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,438,867
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
17.68%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
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ITEM 1.
(a) Name of Issuer:
VERITAS Software Corporation (the "Issuer")
(b) Address of Issuer's Principal Executive Offices:
1600 Plymouth Street
Mountain View, CA 94043
ITEM 2 (a)
AND (b)
(a) Name of Person Filing:
This statement is filed by and on behalf of (a) Warburg, Pincus
Investors, L.P., a Delaware limited partnership ("WPI"); (b)
Warburg, Pincus & Co., a New York general partnership ("WP"); and
(c) E.M. Warburg, Pincus & Co., LLC, a New York limited liability
company ("EMW LLC"), which manages WPI. WP, as the sole general
partner of WPI, has a 20% interest in the profits of WPI. Lionel
I. Pincus is the managing partner of WP and the managing member
of EMW LLC and may be deemed to control both WP and EMW LLC. The
members of EMW LLC are substantially the same as the partners of
WP. The business address of each of the foregoing is 466
Lexington Avenue, New York, New York 10017.
(c) Citizenship:
Not applicable
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
923436 10 9
ITEM 3.
Not applicable.
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 5,438,867
(b) Percent of Class: 17.68%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: -0-
(ii) shared power to vote or direct the vote: 5,438,867
(iii) sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition of:
5,438,867
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purposes or effect.
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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.
Dated: February 10, 1998
WARBURG, PINCUS INVESTORS, L.P.
By: Warburg, Pincus & Co., General
Partner
/s/ Stephen Distler
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By: Stephen Distler, Partner
WARBURG, PINCUS & CO.
/s/ Stephen Distler
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By: Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
/s/ Stephen Distler
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By: Stephen Distler, Member
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Exhibit 1 Joint Filing Agreement dated February 10, 1998, among the
signatories to this Schedule 13G.
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JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1 (f) (1)
The undersigned acknowledge and agree that the foregoing
statement on Schedule 13G is filed on behalf of each of the undersigned and that
all subsequent amendments to this statement on Schedule 13G shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint filing agreements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning it contained therein, but shall not
be responsible for the completeness and accuracy of the information concerning
the others, except to the extent it knows or has reason to believe that such
information is inaccurate. This Agreement may be executed in any number of
counterparts taken together shall constitute one and the same instrument.
Dated: February ____, 1998
WARBURG, PINCUS INVESTORS, L.P.
By: WARBURG, PINCUS & CO.,
General Partner
/s/ Stephen Distler
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By: Stephen Distler, Partner
WARBURG, PINCUS & CO.
/s/ Stephen Distler
-------------------------------
By: Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
/s/ Stephen Distler
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By: Stephen Distler, Member
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