SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13-d-2(b)
(AMENDMENT NO. 1)*
VerticalNet, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
92532L 10 7
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(CUSIP Number)
December 31, 2001
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
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* 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 the disclosures provided in a prior coverage page.
The information required in 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 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 9 Pages
CUSIP No. 92532L 10 7 13G Page 2 of 9 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Internet Capital Group, Inc. 23-2996071
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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. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER 0
NUMBER OF --------------------------------------------------------
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 25,318,644
OWNED BY --------------------------------------------------------
EACH
REPORTING 7. SOLE DISPOSITIVE POWER 0
PERSON WITH --------------------------------------------------------
8. SHARED DISPOSITIVE POWER 25,318,644
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,318,644
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
22.3%
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12. TYPE OF REPORTING PERSON*
CO
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Page 2 of 9 Pages
CUSIP No. 92532L 10 7 13G Page 3 of 9 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Douglas A. Alexander
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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. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5. SOLE VOTING POWER 28,376
NUMBER OF --------------------------------------------------------
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 25,318,644
OWNED BY --------------------------------------------------------
EACH
REPORTING 7. SOLE DISPOSITIVE POWER 28,376
PERSON WITH --------------------------------------------------------
8. SHARED DISPOSITIVE POWER 25,318,644
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,347,020 (1)
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
22.3%
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12. TYPE OF REPORTING PERSON*
IN
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(1) Mr. Alexander is a Managing Director of Internet Capital Group, Inc.
Mr. Alexander disclaims beneficial ownership of all shares held by
Internet Capital Group.
Page 3 of 9 Pages
CUSIP No. 92532L 10 7 13G Page 4 of 9 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Walter W. Buckley, III
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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. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5. SOLE VOTING POWER 51,592
NUMBER OF --------------------------------------------------------
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 25,318,644
OWNED BY --------------------------------------------------------
EACH
REPORTING 7. SOLE DISPOSITIVE POWER 51,592
PERSON WITH --------------------------------------------------------
8. SHARED DISPOSITIVE POWER 25,318,644
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,370,236 (1)
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
22.3%
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12. TYPE OF REPORTING PERSON*
IN
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(1) Mr. Buckley is Chief Executive Officer and Chairman of the Board of
Directors of Internet Capital Group, Inc. Mr. Buckley disclaims
beneficial ownership of all shares held by Internet Capital Group.
Page 4 of 9 Pages
CUSIP No. 92532L 10 7 13G Page 5 of 9 Pages
ITEM 1(a). NAME OF ISSUER:
VerticalNet, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
700 Dresher Road
Horsham, PA 19044
ITEM 2(a). NAME OF PERSON FILING:
(1) Internet Capital Group, Inc.
(2) Douglas A. Alexander
(3) Walter W. Buckley, III
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
(1) 435 Devon Park Drive, Building 600
Wayne, PA 19087
(2) c/o Internet Capital Group, Inc.
435 Devon Park Drive, Building 600
Wayne, PA 19087
(3) c/o Internet Capital Group, Inc.
435 Devon Park Drive, Building 600
Wayne, PA 19087
ITEM 2(c). CITIZENSHIP:
(1) Delaware
(2) U.S.A.
(3) U.S.A.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
ITEM 2(e) CUSIP NUMBER:
92532L 10 7
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR
(c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Exchange
Act.
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act.
(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
Page 5 of 9 Pages
CUSIP No. 92532L 10 7 13G Page 6 of 9 Pages
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Rule 13d 1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
(1) 25,318,644
(2) 25,347,020
(3) 25,370,236
(b) Percent of class:
(1) 22.3%
(2) 22.3%
(3) 22.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
(1) 0
(2) 28,376
(3) 51,592
(ii) Shared power to vote or to direct the vote
25,318,644
(iii) Sole power to dispose or to direct the disposition of
(1) 0
(2) 28,376
(3) 51,592
(iv) Shared power to dispose or to direct the disposition of
25,318,644
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
Page 6 of 9 Pages
CUSIP No. 92532L 10 7 13G Page 7 of 9 Pages
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable. This is a joint filing pursuant to Rule 13d-1(k)(1), and
Internet Capital Group, Inc., Mr. Alexander and Mr. Buckley disclaim the
existence of a group. Mr. Alexander is a Managing Director of Internet
Capital Group and Mr. Buckley is Chief Executive Officer and Chairman of
the Board of Directors of Internet Capital Group. Mr. Alexander and Mr.
Buckley each disclaim beneficial ownership of all shares held by Internet
Capital Group and Internet Capital Group disclaims beneficial ownership of
all shares held by each of Mr. Alexander and Mr. Buckley.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10. CERTIFICATIONS.
Not Applicable to filings pursuant to Rule 13d-1(d).
Page 7 of 9 Pages
CUSIP No. 92532L 10 7 13G Page 8 of 9 Pages
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. On executing the statement, the undersigned agrees, to the extent
required by Rule 13d-1(k)(1), that this statement is being filed on behalf of
each of the Reporting Persons herein.
INTERNET CAPITAL GROUP, INC.
By: /s/ Henry N. Nassau
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Name: Henry N. Nassau
Title: Managing Director, General
Counsel & Secretary
Dated: February 14, 2002
/s/ Douglas A. Alexander
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Douglas A. Alexander
Dated: February 14, 2002
/s/ Walter W. Buckley, III
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Walter W. Buckley, III
Dated: February 14, 2002
Page 8 of 9 Pages