UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)/1/
CIBER, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
17163B102
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(CUSIP Number)
June 30, 1999
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(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)
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/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 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).
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CUSIP NO. 17163B102 SCHEDULE 13G Page 2 of 7
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Bobby G. Stevenson
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) |_|
N/A (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 12,005,013
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 7,768,297
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PERSON 8 SHARED DISPOSITIVE POWER
WITH 4,236,716
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,005,013
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 20% see footnote 3 to Item 4
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12 TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP NO. 17163B102 SCHEDULE 13G Page 3 of 7
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Item 1.
(a) Name of Issuer: CIBER, Inc.
(b) Address of Issuer's Principal Executive Offices:
5251 DTC Parkway, Suite 1400
Englewood, CO 80111
Item 2.
(a) Name of Person Filing: Bobby G. Stevenson
(b) Address of Principal Business Office or, if none, Residence:
5251 DTC Parkway, Suite 1400
Englewood, CO 80111
(c) Citizenship: United States
(d) Title of Class of Securities: Common Stock, par value $.01 per
share
(e) CUSIP Number: 17163B102
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a: Not applicable
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment advisor in accordance with section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
section 240.13d- 1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
section 240.13d- 1(b)(1)(ii)(G);
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CUSIP NO. 17163B102 SCHEDULE 13G Page 4 of 7
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(h) [ ] A savings association as defined in section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to section 240.13d-1(c), check this box
[ ].
Item 4. Ownership
(a) Amount Beneficially Owned: 12,005,013/2/
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/2/ Includes shares held by the 1998 Bobby G. Stevenson Revocable Trust and
the Bobby G. Stevenson Revocable Trust, both trusts of which Mr. Stevenson is
the settlor, trustee and beneficiary, and options to purchase 160,000 shares of
Common Stock. Excludes 5,000 shares of Common Stock held in the Irrevocable
First Stevenson Charitable Remainder Unitrust, of which shares Mr. Stevenson
disclaims beneficial ownership. In connection with the issuance by Merrill Lynch
& Co., Inc. ("ML & Co.") of 2,012,500 Structured Yield Product Exchangeable for
Stock 7 7/8% STRYPES(sm) Due February 1, 2001 securities, the reporting person,
individually and as settlor, trustee and beneficiary of the 1998 Bobby G.
Stevenson Revocable Trust entered into a Forward Purchase Contract (the "STRYPES
Agreement") with ML & Co. pursuant to which, in consideration of the payment to
him on January 30, 1998 of $82,012,603.76, he is obligated to deliver to ML &
Co. on the business day preceding February 1, 2001 up to a maximum of 2,118,358
(4,236,716 as a result of a stock split in March 1998) shares of Common Stock of
CIBER, Inc., subject to his right to satisfy his obligations under the STRYPES
Agreement by delivering to ML & Co. cash with an equal value. Furthermore, the
reporting person's obligations may be satisfied by delivery of fewer than
2,118,358 (4,236,716 post-split) shares if the Maturity Price of the CIBER
Common Stock is in excess of the applicable Initial Appreciation Cap (as those
terms are defined in the Prospectus, dated January 26, 1998, of ML & Co. filed
with the Securities and Exchange Commission on January 27, 1998 pursuant to Rule
424(b)(the "Prospectus"). The STRYPES securities and the STRYPES Agreement
reported herein are more fully described in the Prospectus.
The 2,118,358 (4,236,716 post-split) shares of CIBER Common Stock referred
to above are held indirectly by the reporting person in the name of Bobby G.
Stevenson as trustee of the 1998 Bobby G. Stevenson Revocable Trust. Assuming
the delivery to the ML & Co. Subsidiary of the maximum number of shares of
Common Stock required by ML & Co. to pay and discharge all of the STRYPES
(including STRYPES subject to the over-allotment option granted to the
Underwriter of the STRYPES) pursuant to the Forward Purchase Contract, Mr.
Stevenson will beneficially own 7,992,372 shares of Common Stock, which will
represent approximately 17% of the Company's outstanding stock.
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CUSIP NO. 17163B102 SCHEDULE 13G Page 5 of 7
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(b) Percent of Class: 20%/3/
(c) Number of shares as to which such person has:
(a) Sole power to vote or to direct the vote: 12,005,013
(b) Shared power to vote or to direct the vote: 0
(c) Sole power to dispose or to direct the disposition of:
7,768,297
(d) Shared power to dispose or to direct the disposition
of: 4,236,716/4/
Item 5. Ownership of Five Percent or Less of a Class: Not applicable
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following. |_|
Instruction: Dissolution of a group requires a response to this item.
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
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/3/ Based on 58,933,107 shares of Common Stock outstanding as of June 30,
1999.
/4/ Pursuant to the Strypes Agreement described in note 2 above, Mr.
Stevenson may not dispose of the 2,118,353 (4,236,716 post-split) shares
securing the Strypes agreement until the Strypes Agreement is settled.
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CUSIP NO. 17163B102 SCHEDULE 13G Page 6 of 7
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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
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CUSIP NO. 17163B102 SCHEDULE 13G Page 7 of 7
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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: August 2, 1999
/s/ Bobby G. Stevenson
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Bobby G. Stevenson
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSION OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C 1001)
