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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934 (Amendment No. 4)*
HNC SOFTWARE INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
40425P 107
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(CUSIP Number)
Robert L. Kaaren
3200 ParkCenter Drive, Suite 500, Costa Mesa, California 92626, (714) 481-5200
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 30, 1998
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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 Rule 13d-1(b)(3) or (4), check the following box. [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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. 40425P 107 Schedule 13D Page 2 of 4 pages
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1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Robert Lee Kaaren, SSN: ###-##-####
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3) SEC USE ONLY
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4) SOURCE OF FUNDS*
Exchange of Shares in connection with the merger of CompReview, Inc.
with FW1 Acquisition Corp., a subsidiary of HNC Software Inc.
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5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
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6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER 1,250,280 shares
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER 0 shares
BENEFICIALLY ----------------------------------------------------------
OWNED BY EACH 9 SOLE DISPOSITIVE POWER 1,250,280 shares
REPORTING ----------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER 0 shares
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11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,250,280 shares of common stock
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12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
This Amendment has been filed to reflect that the percentage of shares
owned has been reduced from 5.1%, as stated in Amendment No. 3, to
approximately 4.9%. This reduction is a result of the issuance of
additional shares of common stock by the HNC Software Inc., a Delaware
corporation (the "Issuer"), subsequent to the filing of Amendment No. 3.
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14) TYPE OF REPORTING PERSON*
IN
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CUSIP NO. 40425P 107 Schedule 13D Page 3 of 4 pages
Item 1. Security and Issuer
This statement relates to the shares of common stock, $.0001 par value
per share (the "Shares") of the Issuer. The address of the Issuer is 5930
Cornerstone Court West, San Diego, California 92121.
Item 2. Identity and Background
Robert Lee Kaaren is an individual. His principal business is serving as
an officer of CompReview, Inc., a California corporation ("CompReview") which is
engaged in the management of medical costs of workers' compensation through
computer software programs. His principal address is 3200 ParkCenter Drive,
Suite 500, Costa Mesa, California 92626.
Mr. Kaaren has not, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors).
Mr. Kaaren has not, during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction.
Mr. Kaaren is a United States citizen.
Item 3. Source and Amount of Funds or Other Consideration.
Mr. Kaaren obtained the Shares in exchange for his shares of
CompReview's common stock, pursuant to a merger between CompReview and FW1
Acquisition Corp., a wholly-owned subsidiary of the Issuer ("FW1").
Item 4. Purpose of Transaction.
Mr. Kaaren obtained the Shares for investment purposes in exchange for
his shares of CompReview's common stock, pursuant to a merger between CompReview
and FW1.
Item 5. Interest in Securities of the Issuer:
Mr. Kaaren owns 1,250,280 shares of common stock of the Issuer, which
constitutes approximately 4.9% of the Issuer's outstanding common stock. Mr.
Kaaren has sole power to vote and dispose of such shares since March 10, 1998.
Mr. Kaaren's percentage ownership decreased from 5.1% to 4.9% on or about April
30, 1998 due to the issuance of additional shares of common stock by the Issuer
following the filing of Amendment No. 3 to this Schedule 13D.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits
None.
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CUSIP NO. 40425P 107 SCHEDULE 13D Page 4 of 4 pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth on this statement is true, complete and
correct.
May 27, 1998
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s/s Robert Lee Kaaren
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Robert Lee Kaaren
