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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Amendment No. 5)
Under the Securities Exchange Act of 1934
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PRICELINE.COM INCORPORATED
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.008 PER SHARE
(Title of Class of Securities)
741503106
(CUSIP Number)
WILLIAM E. FORD
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)
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NOVEMBER 16, 2001
(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).
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CUSIP 741503106 Page 1 of 9
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
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 OWNED BY EACH ------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 5,918,079
------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,918,079
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,918,079
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
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CUSIP 741503106 Page 3 of 9
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 48, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
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 OWNED BY EACH ------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 5,918,079
------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,918,079
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,918,079
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
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CUSIP 741503106 Page 4 of 9
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 50, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
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 OWNED BY EACH ------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 5,918,079
------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,918,079
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,918,079
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
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CUSIP 741503106 Page 5 of 9
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAP Coinvestment Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
- --------------------------------------------------------------------------------
5 CHECK BOX 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
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY OWNED BY EACH ------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 5,918,079
------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,918,079
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,918,079
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
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CUSIP 741503106 Page 6 of 9
AMENDMENT NO. 5 TO SCHEDULE 13D
This Amendment No. 5 to Schedule 13D ("Amendment No. 5") is
filed by the undersigned to amend and supplement the Schedule 13D, dated as of
April 6, 1999), as amended by Amendment No. 1 thereto, dated as of August 17,
1999, as amended by Amendment No. 2 thereto, dated as of January 14, 2000, as
amended by Amendment No. 3 thereto, dated as of February 9, 2000, and as amended
by Amendment No. 4 thereto, dated as of September 5, 2001, with respect to the
shares of common stock, par value $0.008 per share, of Priceline.com
Incorporated, a Delaware corporation.
ITEM 1. SECURITY AND ISSUER.
The title of the class of equity securities of Priceline.com
Incorporated, a Delaware corporation (the "Company"), to which this Amendment
No. 5 relates is the Company's Common Stock, par value $0.008 per share (the
"Common Stock"). The address of the principal executive office of the Company is
Five High Ridge Park, Stamford, Connecticut 06905.
ITEM 2. IDENTITY AND BACKGROUND.
Unchanged.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Unchanged.
ITEM 4. PURPOSE OF TRANSACTION.
Unchanged.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated in its entirety as
follows:
(a) As of the date hereof, GAP, GAP 48, GAP 50 and GAPCO
each own of record no shares of Common Stock, 4,184,309 shares of Common Stock,
333,877 shares of Common Stock and 1,399,893 shares of Common Stock,
respectively, or 0%, 1.9%, 0.1% and 0.6%, respectively, of the Company's issue
and outstanding shares of Common Stock.
CUSIP 741503106 Page 7 of 9
By virtue of the fact that the GAP Managing Members are also
the general partners authorized and empowered to vote and dispose of the
securities held by GAPCO, and that GAP is the general partner of GAP 48 and GAP
50, the Reporting Persons may be deemed to share voting power and the power to
direct the disposition of the shares of Common Stock which each owns of record.
Accordingly, as of the date hereof, each of the Reporting Persons may be deemed
to own beneficially an aggregate of 5,918,079 shares of Common Stock or 2.6% 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 5,918,079
shares of Common Stock that may be deemed to be owned beneficially by each of
them.
(c) On November 16, 2001 and November 19, 2001, (i) GAP
48 sold an aggregate of 4,242,231 shares of Common Stock and 2,121,115 shares of
Common Stock, respectively, at a net price per share of $3.99987 and $4.00701,
respectively, for an aggregate price of $16,968,358.36 and $8,499,324.25,
respectively, (ii) GAP 50 sold an aggregate of 338,499 shares of Common Stock
and 169,249 shares of Common Stock, respectively, at a net price per share of
$3.99987 and $4.00701, respectively, for an aggregate price of $1,353,950.86 and
$678,182.05, respectively, and (iii) GAPCO sold an aggregate of 1,114,516 shares
of Common Stock and 557,260 shares of Common Stock, respectively, at a net price
per share of $3.99987 and $4.00701, for an aggregate net purchase price of
$4,457,915.39 and $2,232,945.10, and distributed 304,754 shares of Common Stock
and 152,376 shares of Common Stock, respectively, to a partner.
(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) As of November 16, 2001, the Reporting Persons no
longer beneficially own more than 5% of the shares of Common Stock. Accordingly,
this Amendment No. 5 constitutes the final amendment.
CUSIP 741503106 Page 8 of 9
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIP WITH RESPECT TO THE ISSUER.
Unchanged.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Exhibit 1: Incorporate by reference the Agreement
relating to the filing of joint acquisition statements as required by Rule
13d-1(f)(1) under the Securities Exchange Act of 1934, as amended, filed as
Exhibit 1 to the Schedule 13D, dated as of April 1, 1999.
Exhibit 2: Incorporate by reference the Power of
attorney dated January 3, 2001 appointing Thomas J. Murphy Attorney-In-Fact for
GAP filed as Exhibit 2 to Amendment No. 4 to Schedule 13D, dated as of September
5, 2001.
Exhibit 3: Incorporate by reference the Power of
attorney dated January 3, 2001 appointing Thomas J. Murphy Attorney-In-Fact for
GAPCO filed as Exhibit 3 to Amendment No. 4 to Schedule 13D, dated as of
September 5, 2001.
CUSIP 741503106 Page 9 of 9
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 as of November 20, 2001.
GENERAL ATLANTIC PARTNERS, LLC
By: /s/ Thomas J. Murphy
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Name: Thomas J. Murphy
Title: Attorney-In-Fact
GENERAL ATLANTIC PARTNERS 48, L.P.
By: General Atlantic Partners, LLC,
Its general partner
By: /s/ Thomas J. Murphy
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Name: Thomas J. Murphy
Title: Attorney-In-Fact
GENERAL ATLANTIC PARTNERS 50, L.P.
By: General Atlantic Partners, LLC,
Its general partner
By: /s/ Thomas J. Murphy
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Name: Thomas J. Murphy
Title: Attorney-In-Fact
GAP COINVESTMENT PARTNERS, L.P.
By: /s/ Thomas J. Murphy
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Name: Thomas J. Murphy
Title: Attorney-In-Fact