SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G/A
(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(1)
Stellent, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
85856W 10 5
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(CUSIP Number)
December 31, 2002
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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)
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x Rule 13d-1(c)
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Rule 13d-1(d)
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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 the disclosures provided in a prior cover 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 2 of 5
CUSIP No. 85856W 10 5
1. Name of Reporting Person and I.R.S. Identification No.:
ROBERT F. OLSON
2. Member of a Group: (a) (b) X
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3. SEC USE ONLY:
4. Citizenship or Place of Organization: U.S.A.
5. Sole Voting Power: 2,170,050
6. Shared Voting Power: -- 0
7. Sole Dispositive Power: 2,170,050
8. Shared Dispositive Power: -- 0
9. Aggregate Amount Beneficially Owned by each Reporting Person:
2,170,050
10. Check Box if the Aggregate Amount in Row 9 excludes Certain Shares: X
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11. Percent of Class Represented by Amount in Row 9: 9.9%
12. Type of Reporting Person: IN
13G(Individuals - continued) Page 3 of 5
Item 1(a)
and (b) NAME AND ADDRESS OF ISSUER:
Stellent, Inc.
7777 Golden Triangle Drive
Eden Prairie, MN 55344
Item 2(a) NAME OF PERSON FILING: Robert F. Olson
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
7777 Golden Triangle Drive
Eden Prairie, MN 55344
Item 2(c) CITIZENSHIP: USA
Item 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, $0.01 par value
Item 2(e) CUSIP NUMBER: 460939 30 9
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);
(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 this Rule 13d-1(b)(1)(ii)(J);
Item 4(a) AMOUNT BENEFICIALLY OWNED:
2,170,050 shares at December 31, 2002.
Item 4(b) PERCENT OF CLASS:
9.9% pursuant to Rule 13d-3(c).
Item 4(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS
(i) Sole power to vote or to direct the vote 2,170,050
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(ii) Shared power to vote or to direct the vote -0-
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(iii) Sole power to dispose or to direct the disposition of
2,170,050
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(iv) Shared power to dispose or to direct the disposition of -0-
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13G(Individuals - continued) Page 4 of 5
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 [ ].
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable
Item 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable
Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
Item 9 NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
Item 10 CERTIFICATION.
(a) Not Applicable
(b) By signing below I certify that, to the best of my 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 of effect.
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.
Date February 13, 2003 /s/ Robert F. Olson
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Robert F. Olson
13G(Individuals - continued) Page 5 of 5
EXHIBIT A
To Form 13G (Individual)
The filing of this report shall not be construed as an admission by the person
identified in Item 2(a) that, for the purpose of Section 13(d) or 13(g) of the
Securities Exchange Act, he is the "beneficial owner" of any equity securities
listed below; and such person expressly disclaims that he is part of a "group."
Record Owner's Relationship Record Owner's Number
to Reporting Person Type of Ownership of Shares
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Spouse Indirect 85,714 Shares(1)
(1) These shares are not reported in Item 4(a) and are noted here for
information only.