SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 3)/1/
USA Networks, Inc.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
40429R 10 9
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(CUSIP Number)
With a copy to:
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William D. Savoy Alvin G. Segel
Vulcan, Inc. Irell & Manella LLP
505 Union Station 1800 Avenue of the Stars
505 Fifth Avenue South, Suite 900 Suite 900
Seattle, Washington 98104 Los Angeles, California 90067
Tel: (206) 342-2000 Tel: (310) 277-1010
Fax: (206) 342-3000 Fax: (310) 203-7199
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(Name, Address and Telephone Number of Persons Authorized to
Receive Notices and Communications)
May 2, 2002
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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 that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
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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 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.
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CUSIP No. 40429R 10 9 13D Page __ of __ Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Paul G. Allen
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) []
(b) []
Not Applicable
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
N/A
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 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
20,024,027 shares
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NUMBER OF ---------- -----------------------------------------
SHARES 8. SHARED VOTING POWER
BENEFICIALLY - 0 -
OWNED BY ---------- -----------------------------------------
EACH ---------- -----------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH: 20,024,027 shares
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10. SHARED DISPOSITIVE POWER
- 0 -
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,024,027 shares
Includes options to purchase an aggregate of 69,999 shares of Common
Stock granted to Mr. Allen.
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
Not Applicable
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.9% based on 340,633,475 shares of common stock outstanding on
February 15, 2002 as reported by the Issuer in its Annual Report on
Form 10-K for the year ended December 31, 2001.
Because shares of Class B common stock ("Class B Stock") of the
Issuer are entitled to ten (10) votes per share while the Common
Stock of the Issuer is entitled to one (1) vote per share, Mr. Allen
beneficially owns shares representing 2.1% of the voting power of
the outstanding common stock of the Issuer (based on 340,633,475
shares of Common Stock and 63,033,452 shares of Class B Stock
outstanding on February 15, 2002 as reported by the Issuer in its
Annual Report on Form 10-K for the year ended December 31, 2001).
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14. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
2
SCHEDULE 13D
This statement, which is being filed by Paul G. Allen, constitutes
Amendment No. 3 to the Schedule 13D originally filed with the Securities and
Exchange Commission (the "SEC") on May 30, 1997 on Schedule 13D (the "Schedule
13D"), as amended by Amendment No. 1 filed with the SEC on July 23, 1997 and
Amendment No. 2 filed with the SEC on February 13, 2002. The Schedule 13D
relates to the common stock, par value $.01 per share, of USA Networks, Inc., a
Delaware corporation (the "Issuer"). The item numbers and responses thereto
below are in accordance with the requirements of Schedule 13D. Capitalized terms
used herein and not defined shall have the meaning set forth in the Schedule
13D.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
Item 6 of the Schedule 13D is hereby amended by adding the following:
On May 2, 2002, Mr. Allen entered into a Stock Purchase Agreement (the
"Stock Purchase Agreement") pursuant to which Mr. Allen agreed to sell an
aggregate of 19,954,028 shares of Common Stock of the Issuer to various
purchasers for $28.50 per share. The shares to be sold constitute all of the
shares of Common Stock of the Issuer owned by Mr. Allen. The sale is expected to
close (in one or more closings) on or before May 7, 2002.
The foregoing description of the Stock Purchase Agreement is not, and does
not purport to be, complete and is qualified in its entirety by reference to the
Stock Purchase Agreement, a copy of the form of which is filed as Exhibit 10.1
and incorporated herein in its entirety by reference.
Item 7. Material to be Filed as Exhibits.
Item 7 of the Schedule 13D is hereby amended by adding the following:
Exhibit 10.1 Form of Stock Purchase Agreement dated as of May 2, 2002.
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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.
May 3, 2002
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(Date)
*
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*By: /s/ William D. Savoy
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William D. Savoy as Attorney in Fact
for Paul G. Allen pursuant to a Power
of Attorney filed on August 30, 1999,
with the Schedule 13G of Vulcan Ventures
Incorporated and Paul G. Allen for
Pathogenesis, Inc. and incorporated
herein by reference.
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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10.1 Form of Stock Purchase Agreement dated as of May 2,
2002.
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