Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 9)
BOTTOMLINE TECHNOLOGIES (DE), INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
101388106
(CUSIP Number)
THOMAS J. MURPHY
C/O GENERAL ATLANTIC SERVICE CORPORATION
3 PICKWICK PLAZA
GREENWICH, CONNECTICUT 06830
TEL. NO.: (203) 629-8600
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
NOVEMBER 14, 2005
(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(e), 1(f) or 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 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).
Page 1 of 15
================================================================================
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 2 of 13 Pages
- ------------------------ ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES
-0-
BENEFICIALLY ------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
-0-
EACH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
- --------------------------------------------------------------------------------
11 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 3 of 13 Pages
- ------------------------ ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 74, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES
-0-
BENEFICIALLY ------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
-0-
EACH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
- --------------------------------------------------------------------------------
11 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 4 of 13 Pages
- ------------------------ ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GapStar, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES
-0-
BENEFICIALLY ------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
-0-
EACH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
- --------------------------------------------------------------------------------
11 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 5 of 13 Pages
- ------------------------ ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAP Coinvestment Partners II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES
-0-
BENEFICIALLY ------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
-0-
EACH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
- --------------------------------------------------------------------------------
11 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 6 of 13 Pages
- ------------------------ ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAPCO GmbH & Co. KG
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES
-0-
BENEFICIALLY ------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
-0-
EACH ------------------------------------------------
9 SOLE DISPOSI
TIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
- --------------------------------------------------------------------------------
11 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 7 of 13 Pages
- ------------------------ ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAPCO Management GmbH
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF SHARES
-0-
BENEFICIALLY ------------------------------------------------
8 SHARED VOTING POWER
OWNED BY
-0-
EACH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
-0-
PERSON ------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
-0-
- --------------------------------------------------------------------------------
11 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 8 of 13 Pages
- ------------------------ ----------------------
SECURITY AND ISSUER.
This Amendment No. 9 to Schedule 13D is filed by the undersigned to
amend and supplement the Schedule 13D, dated January 17, 2002, as amended by
Amendment No. 1 thereto, dated March 14, 2003, as amended by Amendment No. 2
thereto, dated March 21, 2003, as amended by Amendment No. 3 thereto, dated
March 28, 2003, as amended by Amendment No. 4 thereto, dated May 15, 2003, as
amended by Amendment No. 5 thereto, dated November 17, 2004, as amended by
Amendment No. 6 thereto, dated June 14, 2005, as amended by Amendment No. 7
thereto, dated July 6, 2005, and as amended by Amendment No. 8 thereto, dated
July 11, 2005, with respect to the shares of Common Stock, par value $0.001 per
share (the "Common Stock"), of Bottomline Technologies (de), Inc., a Delaware
corporation (the "Company"). The address of the principal executive office of
the Company is 325 Corporate Drive, Portsmouth, New Hampshire 03801.
IDENTITY AND BACKGROUND.
Unchanged
SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Unchanged.
PURPOSE OF TRANSACTION.
Unchanged.
INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated in its entirety as follows:
(a) As of the date hereof, GA, GAP 74, GapStar, GAPCO II, KG and
GmbH Management each own of record no shares of Common Stock, respectively, or
0.0%, respectively, of the Company's issued and outstanding shares of Common
Stock.
(b) Each of the Reporting Persons has the shared power to direct the
vote and the shared power to direct the disposition of the no shares of Common
Stock that may be deemed to be owned beneficially by each of them.
(c) Except as set forth in this paragraph (c), to the knowledge of
each of the Reporting Persons, none of the persons named in response to
paragraph (a) has effected any transactions in shares of Common Stock during the
past 60 days. On November 14, 2005, GAP 74, GapStar, GAPCO II and KG sold on the
open market the following number of shares of Common Stock for the aggregate
proceeds listed below, which, in the aggregate, amount to over 1% of the shares
of Common Stock outstanding as of October 31, 2005. In addition, on November 14,
2005, GAPCO II distributed an aggregate of 33,100 shares of Common Stock to
limited partners.
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 9 of 13 Pages
- ------------------------ ----------------------
GAP 74
- --------------------------------------------------------------------------------------------------
DATE SHARES SOLD PRICE PER SHARE PROCEEDS
- --------------------------------------------------------------------------------------------------
November 14, 2005 1,143,968 $12.55 $14,356,798.40
- --------------------------------------------------------------------------------------------------
GapStar
- --------------------------------------------------------------------------------------------------
DATE SHARES SOLD PRICE PER SHARE PROCEEDS
- --------------------------------------------------------------------------------------------------
November 14, 2005 89,369 $12.55 $1,121,580.95
- --------------------------------------------------------------------------------------------------
GAPCO II
- --------------------------------------------------------------------------------------------------
DATE SHARES SOLD PRICE PER SHARE PROCEEDS
- --------------------------------------------------------------------------------------------------
November 14, 2005 122,482 $12.55 $1,537,149.10
- --------------------------------------------------------------------------------------------------
KG
- --------------------------------------------------------------------------------------------------
DATE SHARES SOLD PRICE PER SHARE PROCEEDS
- --------------------------------------------------------------------------------------------------
November 14, 2005 1,781 $12.55 $22,351.55
- --------------------------------------------------------------------------------------------------
(d) No person other than the persons listed is known to have the
right to receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, any securities owned by any member of the group.
(e) On November 14, 2005, the Reporting Persons ceased to
beneficially own more than five percent of the shares of Common Stock.
CONTRACT, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIP WITH
RESPECT TO THE ISSUER.
Unchanged.
MATERIALS TO BE FILED AS EXHIBITS.
Exhibit 1: Power of Attorney dated January 4, 2005 appointing
Thomas J. Murphy Attorney-in-Fact for GA.
Exhibit 2: Power of Attorney dated January 4, 2005 appointing
Thomas J. Murphy Attorney-in-Fact for GAPCO II.
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 10 of 13 Pages
- ------------------------ ----------------------
SIGNATURES
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 NOVEMBER 15, 2005
GENERAL ATLANTIC LLC
By: /s/ Thomas J. Murphy
-------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GENERAL ATLANTIC PARTNERS, 74 L.P.
By: General Atlantic LLC,
Its general partner
By: /s/ Thomas J. Murphy
-------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GAPSTAR, LLC
By: General Atlantic LLC,
Its sole member
By: /s/ Thomas J. Murphy
-------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GAP COINVESTMENT PARTNERS II, L.P.
By: /s/ Thomas J. Murphy
-------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GAPCO GMBH & CO. KG
By: GAPCO Management GmbH,
Its general partner
By: /s/ Matthew Nimetz
-------------------------------
Name: Matthew Nimetz
Title: Managing Director
- ------------------------ ----------------------
CUSIP NO. 101388106 Schedule 13D Page 11 of 13 Pages
- ------------------------ ----------------------
GAPCO MANAGEMENT GMBH
By: /s/ Matthew Nimetz
-------------------------------
Name: Matthew Nimetz
Title: Managing Director