Schedule 13G/A

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

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 13d-2(b)

(Amendment No. 5)

 

 

 

Bottomline Technologies (de), Inc


(Name of Issuer)

 

Common Stock, par value $.001 per share


(Title of Class of Securities)

 

 

101388 10 6


                                (CUSIP Number)                                

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

x Rule 13d-1(c)

 

x Rule 13d-1(d)


CUSIP No. 101388 10 6

  13G   Page 2 of 9 Pages

 

  1.  

Names of Reporting Persons

I.R.S. Identification No. of Above Persons (Entities Only)

 

            McGurl Family Limited Partnership

            020511436

   
  2.  

Check the Appropriate Box if a Member of a Group*

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            Delaware, United States of America

   

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With:

 

  5.    Sole Voting Power

 

                618,750 shares


  6.    Shared Voting Power

 

                0 shares


  7.    Sole Dispositive Power

 

                618,750 shares (1)


  8.    Shared Dispositive Power

 

                0 shares

  9.  

Aggregate Amount Beneficially owned by each Reporting Person

 

            618,750 shares

   
10.  

Check Box if the Aggregate Amount of Row (9) Excludes Certain Shares*

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row 9

 

            3.4 %

   
12.  

Type of Reporting Person*

 

            PN

   

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
(1) As exercised by its General Partner, McGurl Management, Inc. Mr. Daniel M. McGurl is President of McGurl Management, Inc.


CUSIP No. 101388 10 6

  13G   Page 3 of 9 Pages

 

  1.  

Names of Reporting Persons

I.R.S. Identification No. Of Above Persons (Entities Only)

 

            McGurl Management, Inc.

            020511434

   
  2.  

Check the Appropriate Box if a Member of a Group*

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            Delaware, United States of America

   

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With:

 

  5.    Sole Voting Power

 

                0 shares


  6.    Shared Voting Power

 

                618,750 shares (1)


  7.    Sole Dispositive Power

 

                0 shares


  8.    Shared Dispositive Power

 

                618,750 shares (1)

  9.  

Aggregate Amount Beneficially owned by each Reporting Person

 

            618,750 shares

   
10.  

Check Box if the Aggregate Amount of Row (9) Excludes Certain Shares*

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row 9

 

            3.4 %

   
12.  

Type of Reporting Person*

 

            CO

   

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Solely in its capacity as General Partner of McGurl Family Limited Partnership. Mr. Daniel M. McGurl is President of McGurl Management, Inc.


CUSIP No. 101388 10 6

  13G   Page 4 of 9 Pages

 

  1.  

Names of Reporting Persons

I.R.S. Identification No. Of Above Persons (Entities Only)

 

            Daniel M. McGurl

   
  2.  

Check the Appropriate Box if a Member of a Group*

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            United States of America

   

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With:

 

  5.    Sole Voting Power

 

                273,009 shares


  6.    Shared Voting Power

 

                618,750 shares (1)


  7.    Sole Dispositive Power

 

                273,009 shares


  8.    Shared Dispositive Power

 

                618,750 shares (1)

  9.  

Aggregate Amount Beneficially owned by each Reporting Person

 

891,759 shares (Consists of the following: (a) 618,750 shares of Common Stock subject to an Agreement of Limited Partnership of McGurl Family Limited Partnership and (b) 273,009 shares of Common Stock which Mr. McGurl has the right to acquire within 60 days of December 31, 2004 upon the exercise of options).

   
10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row 9

 

            4.8 %

   
12.  

Type of Reporting Person*

 

            IN

   

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Solely in his capacity as President of McGurl Management, Inc., General Partner of McGurl Family Limited Partnership.


CUSIP No. 101388 10 6

  13G   Page 5 of 9 Pages

 

Item 1

 

(a).

  

Name of Issuer:

 

Bottomline Technologies (de), Inc.

         

Item 1

 

(b).

  

Address of Issuer’s Principal Executive Offices:

 

325 Corporate Drive, Portsmouth, New Hampshire 03801

         

Item 2

 

(a).

  

Name of Person Filing:

 

Pursuant to Rule 13d-5(b)(1) of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the “Act”), the undersigned hereby file this Schedule 13G Statement on behalf of McGurl Family Limited Partnership, a Delaware limited partnership, McGurl Management, Inc., a Delaware corporation and General Partner of McGurl Family Limited Partnership, and Daniel M. McGurl, President of McGurl Management, Inc. Such person and entities are sometimes hereinafter referred to as the “Reporting Persons.” The Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Act, although neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that a group exists.

         

Item 2

 

(b).

  

Address of Principal Business Office or, if None, Residence:

 

325 Corporate Dive, Portsmouth, New Hampshire 03801

Attention: Daniel M. McGurl

         

Item 2

 

(c).

  

Citizenship:

 

See cover pages hereto.

         

Item 2

 

(d).

  

Title of Class of Securities:

 

Common Stock, par value $.001 per share

         

Item 2

 

(e).

  

CUSIP Number:

 

101388 10 6

         

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:

 

Inapplicable

    


CUSIP No. 101388 10 6

  13G   Page 6 of 9 Pages

 

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.

         
     I    McGurl Family Limited Partnership:          
         

(a)    Amount Beneficially owned: 618,750

         
         

(b)    Percent of class: 3.4%

         
         

(c)    Number of shares as to which such person has:

         
              

(i)       Sole power to vote or to direct the vote: 618,750

         
              

(ii)      Shared power to vote or to direct the vote: 0

         
              

(iii)     Sole power to dispose or to direct the disposition of: 618,750

         
              

(iv)     Shared power to dispose or to direct the disposition of: 0

         
    

II      

   McGurl Management, Inc.:          
         

(a)    Amount Beneficially owned: 618,750

         
         

(b)    Percent of class: 3.4%

         
         

(c)    Number of shares as to which such person has:

         
              

(i)       Sole power to vote or to direct the vote: 0

         
              

(ii)      Shared power to vote or to direct the vote: 618,750

         
              

(iii)     Sole power to dispose or to direct the disposition of: 0

         
              

(iv)     Shared power to dispose or to direct the disposition of: 618,750

         
    

III     

   Daniel M. McGurl:          
         

(a)    

   Amount Beneficially owned: 891,759          
               Consists of the following: (a) 618,750 shares of Common Stock subject to an Agreement of Limited Partnership of McGurl Family Limited Partnership and (b) 273,009 shares of Common Stock which Mr. McGurl has the right to acquire within 60 days of December 31, 2004 upon the exercise of options.          
         

(b)    

   Percent of class: 4.8%          
         

(c)    

   Number of shares as to which such person has:          
              

(i)       Sole power to vote or to direct the vote: 273,009

         
              

(ii)      Shared power to vote or to direct the vote: 618,750

         
              

(iii)     Sole power to dispose or to direct the disposition of: 273,009

         
              

(iv)     Shared power to dispose or to direct the disposition of: 618,750

         

 


* As of December 31, 2004


CUSIP No. 101388 10 6

  13G   Page 7 of 9 Pages

 

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  x.

    

Item 6.

  

Ownership of More than Five Percent on Behalf of Another Person:

 

Inapplicable

         

Item 7.

  

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

 

Inapplicable

Item 8.

  

Identification and Classification of Members of the Group:

 

This Schedule 13G Statement is being filed on behalf of each of the Reporting Persons pursuant to Rules 13d-5(b)(1) and 13d-1(k)(1). The agreement required by Rule 13d-1(k)(1) is attached hereto as Exhibit A.

         

Item 9.

  

Notice of Dissolution of a Group:

 

Inapplicable

         

Item 10.

  

Certifications:

 

McGurl Family Limited Partnership and McGurl Management, Inc.:

 

By signing below, the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

         


CUSIP No. 101388 10 6

  13G   Page 8 of 9 Pages

 

SIGNATURE

 

After reasonable inquiry and to the best of our knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

February 14, 2005


Date

McGurl Family Limited Partnership, a Delaware

Limited Partnership

By:

 

/s/ McGurl Management, Inc.


   

McGurl Management, Inc., General Partner

By:

 

/s/ Daniel M. McGurl


Its:

 

President

McGurl Management, Inc., a Delaware Corporation

By:

 

/s/ Daniel M. McGurl


   

Daniel M. McGurl

   

President

Daniel M. McGurl

By:

 

/s/ Daniel M. McGurl


   

Daniel M. McGurl


CUSIP No. 101388 10 6

  13G   Page 9 of 9 Pages

 

EXHIBIT A

 

Pursuant to Rule 13d-1(k)(1) of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of them in the capacities set forth below.

 

Dated: February 14, 2005

 

McGurl Family Limited Partnership, a Delaware

   

Limited Partnership

   

By:

 

/s/ McGurl Management, Inc.


       

McGurl Management, Inc., General Partner

   

By:

 

/s/ Daniel M. McGurl


   

Its:

 

President

   

McGurl Management, Inc., a Delaware Corporation

   

By:

 

/s/ Daniel M. McGurl


       

Daniel M. McGurl

       

President

   

By:

 

/s/ Daniel M. McGurl


       

Daniel M. McGurl