<PAGE>1
-------------------------------
OMB APPROVAL
-------------------------------
OMB Number: 3235-0145
Expires: December 31, 1997
Estimated average burden
hours per response.....14.90
-------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6 )*
LCI International, Inc.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
501813109
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing 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).
*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 1 of 9 Pages
SEC 1745 (2-95)
<PAGE>2
- ----------------------- -------------------------------
CUSIP No. 501813109 13G Page 2 of 9 Pages
------------- ----- -----
- ----------------------- -------------------------------
- ---------- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warburg, Pincus Capital Company, L.P.
- ---------- -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[ ]
(b)[X]
- ---------- -------------------------------------------------------------------
3 SEC USE ONLY
- ---------- -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------- ------ --------------------------------------------------
5 SOLE VOTING POWER
-0-
------ --------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 11,128,220
OWNED BY
------ --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
------ --------------------------------------------------
8 SHARED DISPOSITIVE POWER
11,128,220
- ---------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,128,220
- ---------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ---------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.5%
- ---------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ---------- -------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>3
- ----------------------- -------------------------------
CUSIP No. 501813109 13G Page 3 of 9 Pages
------------- ----- -----
- ----------------------- -------------------------------
- ---------- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
E.M. Warburg, Pincus & Co., Inc.
- ---------- -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[ ]
(b)[X]
- ---------- -------------------------------------------------------------------
3 SEC USE ONLY
- ---------- -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------- ------ --------------------------------------------------
5 SOLE VOTING POWER
-0-
------ --------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 11,128,220
OWNED BY
------ --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
------ --------------------------------------------------
8 SHARED DISPOSITIVE POWER
11,128,220
- ---------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,128,220
- ---------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ---------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.5%
- ---------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ---------- -------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>4
- ----------------------- -------------------------------
CUSIP No. 501813109 13G Page 4 of 9 Pages
------------- ----- -----
- ----------------------- -------------------------------
- ---------- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warburg, Pincus & Co.
- ---------- -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[ ]
(b)[X]
- ---------- -------------------------------------------------------------------
3 SEC USE ONLY
- ---------- -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------- ------ --------------------------------------------------
5 SOLE VOTING POWER
-0-
------ --------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 11,128,220
OWNED BY
------ --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
------ --------------------------------------------------
8 SHARED DISPOSITIVE POWER
11,128,220
- ---------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,128,220
- ---------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ---------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.5%
- ---------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ---------- -------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>5
- ----------------------- -------------------------------
CUSIP No. 501813109 13G Page 5 of 9 Pages
------------- ----- -----
- ----------------------- -------------------------------
- ---------- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Warburg, Pincus Ventures, Inc.
- ---------- -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[ ]
(b)[X]
- ---------- -------------------------------------------------------------------
3 SEC USE ONLY
- ---------- -------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------- ------ --------------------------------------------------
5 SOLE VOTING POWER
-0-
------ --------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 11,128,220
OWNED BY
------ --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
------ --------------------------------------------------
8 SHARED DISPOSITIVE POWER
11,128,220
- ---------- -------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,128,220
- ---------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
- ---------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.5%
- ---------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ---------- -------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>6
ITEM 1(A). NAME OF ISSUER:
LCI International, Inc. (the "Issuer")
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE
OFFICES:
8180 Greensboro Drive
Suite 800
McLean, VA 22102
ITEMS 2(A) NAME OF PERSON FILING; ADDRESS OF PRINCIPAL
AND (B). BUSINESS OFFICE:
This statement is filed by and on behalf of
(a) Warburg, Pincus Capital Company, L.P., a
Delaware limited partnership ("WPCC"); (b)
E.M. Warburg, Pincus & Co., Inc., a Delaware
corporation ("EMW"); (c) Warburg, Pincus &
Co., a New York general partnership ("WP");
and (d) Warburg, Pincus Ventures, Inc., a
Delaware corporation ("WPV"), which is a
wholly-owned subsidiary of EMW. EMW owns 0.9%
of the limited partnership interests in WPCC.
WP is the owner of all the outstanding common
stock of EMW and, as the sole general partner
of WPCC, has a 20% interest in the profits of
WPCC. WPV has entered into a management
agreement with WPCC for the management of all
investments made by it. Lionel I. Pincus is
the managing partner of WP and may be deemed
to control it. The business address of each
of the foregoing is 466 Lexington Avenue, New
York, New York 10017.
WPCC, EMW, WP and WPV are collectively
referred to herein as the "Reporting
Entities."
ITEM 2(C). CITIZENSHIP:
Not Applicable
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share (the
"Common Stock")
ITEM 2(E). CUSIP NUMBER:
501813109
ITEM 3. Not Applicable
<PAGE>7
ITEM 4. OWNERSHIP:
(a) 11,128,220 shares of Common Stock,
as of November 30, 1996.
The 11,128,220 shares of Common Stock
beneficially owned by the Reporting Entities
as of November 30, 1996 includes (i)
5,969,664 shares of Common Stock and (ii)
5,158,556 shares issuable upon exercise of
currently exercisable warrants to purchase
Common Stock.
(b) 13.5%
(c) (i) -0-
(ii) 11,128,220
(iii) -0-
(iv) 11,128,220
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF
OF ANOTHER PERSON:
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS
OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
<PAGE>8
ITEM 10. CERTIFICATION:
Not Applicable
<PAGE>9
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: December 9, 1996
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: Warburg, Pincus & Co.,
General Partner
By: /s/ Stephen Distler
Stephen Distler, Partner
WARBURG, PINCUS & CO.
By: /s/ Stephen Distler
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., INC.
By: /s/ Stephen Distler
Stephen Distler
Managing Director
WARBURG, PINCUS VENTURES, INC.
By: /s/ Stephen Distler
Stephen Distler
Managing Director
