UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __________)*
ASYMETRIX LEARNING SYSTEMS, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
045927100
(CUSIP Number)
December 31, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[x] Rule 13d-1(d)
*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 in 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).
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number.
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Page 2 of 5
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CUSIP NO. 045927100 13G Page 2 of 5 Pages
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- -------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul G. Allen
- -------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- -------- ----------------------------------------------------------------------
3 SEC USE ONLY
- -------- ----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- -------- ----------------------------------------------------------------------
----- ---------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 5,926,662 shares (1)
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
----- ---------------------------------------------
6 SHARED VOTING POWER
-0- shares
----- ---------------------------------------------
7 SOLE DISPOSITIVE POWER
5,926,662 shares (1)
----- ---------------------------------------------
8 SHARED DISPOSITIVE POWER
-0- shares
- --------------------------- ----- ---------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,926,662 shares (1)
- -------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
42.3%
- -------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------- ----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------
(1) Includes 76,662 shares subject to options exercisable within 60 days of
December 31, 1998.
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Page 5 of 5
Item 1.
(a) Name of Issuer: Asymetrix Learning Systems, Inc.
(b) Address of Issuer's Principal Executive Offices:
110 - 110th Avenue N.E.
Bellevue, Washington 98004
Item 2.
(a) Name of Person Filing: Paul G. Allen
(b) Address of Principal Business Office or, if none, Residence:
110 - 110th Avenue N.E. Suite 550
Bellevue, Washington 98004
(c) Citizenship: United States
(d) Title of Class of Securities:
Common Stock, par value $0.01 per share
(e) CUSIP Number: 045927100
Item 3. Filings pursuant to Rule 13d-1(b) or 13d-2(b)
Not applicable.
Item 4. Ownership
(a) Amount Beneficially Owned: 5,926,662 shares (1)
(b) Percent of Class: 42.3%
(c) Number of Shares as to which Such Person has:
(i) sole power to vote or to direct the vote:
5,926,662 shares (1)
(ii) shared power to vote or to direct the vote:
-0-shares
(iii) sole power to dispose or to direct the disposition
of: 5,926,662 shares (1)
(iv) shared power to dispose or to direct the disposition
of: -0- shares
- --------------------------------
(1) Includes 76,662 shares subject to options exercisable within 60 days of
December 31, 1998.
<PAGE>
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.
Item 10. Certification
Not applicable.
<PAGE>
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: July 2, 1999
/s/ Paul G. Allen
--------------------------------------------
Paul G. Allen
