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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.)*
Momentum Business Applications, Inc.
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(Name of Issuer)
Class A Common Stock
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(Title of Class of Securities)
60877P 10 8
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(CUSIP Number)
Ronald E. F. Codd
1301 Harbor Bay Boulevard
Alameda, California 94502-6576
(510) 769-5122
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
January 15, 1999
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(Date of Event which Requires Filing of 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 ss. ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box / /.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7(b) 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).
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CUSIP NO. 60877P 10 8
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1 NAME OF REPORTING PERSONS David A. Duffield
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS S.S. No. ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
N/A
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
NUMBER OF 977,834
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY- N/A
EACH ---------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 977,834
WITH ---------------------------------------------------
10 SHARED DISPOSITIVE POWER
N/A
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
977,834
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [ ]
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.8%
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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ITEM 1. SECURITY AND ISSUER.
This statement on Schedule 13D relates to the Class A Common Stock of
Momentum Business Applications, Inc., a Delaware corporation
("Momentum" or "Issuer"). The principal executive offices of Momentum
are located at 1301 Harbor Bay Boulevard, Alameda, California 94502.
ITEM 2. IDENTITY AND BACKGROUND.
(a) David A. Duffield ("Investor")
(b) c/o PeopleSoft, Inc.
4460 Hacienda Drive
Pleasanton, California 94588
(c) President and Chief Executive Officer
PeopleSoft, Inc.
4460 Hacienda Drive
Pleasanton, California 94588
(d) Not applicable.
(e) Not applicable.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Investor acquired the securities as a result of the distribution by
PeopleSoft, Inc. ("PeopleSoft") to its stockholders of Momentum's Class
A Common Stock. The Investor did not pay any consideration for the
securities.
ITEM 4. PURPOSE OF TRANSACTION.
As stated in Item 3 above, the Investor acquired the securities as a
result of a distribution by PeopleSoft to its stockholders.
(a) Because of the potential for conflicts of interest to arise
between PeopleSoft and Momentum as a result of the Investor's role as
the President and Chief Executive Officer of PeopleSoft, on the one
hand, and as the principal stockholder of Momentum, on the other, the
Investor intends to gift approximately 16% of the outstanding shares of
Momentum's Class A Common Stock to one or more charitable organizations
as soon as practicable.
(b)-(j) Not applicable.
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As a result of the distribution by PeopleSoft, the Investor is
the beneficial owner of 977,834 shares of Momentum's Class A Common
Stock, which constitutes 20.8% of the outstanding shares of the Class A
Common Stock.
(b) As a result of the distribution by PeopleSoft, the Investor
has the sole power to vote or direct the vote of 977,834 shares of
Momentum's Class A Common Stock
(c) No transactions in the class of securities reported have been
effected by the Investor during the past sixty days.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
Not applicable.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Not applicable.
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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: January 25, 1999
/s/ David A. Duffield
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David A. Duffield
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