UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 3
Blue Martini Software, Inc.
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(Name of Issuer)
Common Stock, $.001 par value per share
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(Title of Class of Securities)
095698 50 2
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(CUSIP Number)
December 31, 2003
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(Date of Event Which Required 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)
*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 ("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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
CUSIP No. 095698 50 2
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Matrix Partners V, L.P.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(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.........................See Item 5
Number of Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power.......................See Item 5
Owned by Each ---------------------------------------------------------
Reporting Person 7. Sole Dispositive Power....................See Item 5
With: ---------------------------------------------------------
8. Shared Dispositive Power..................See Item 5
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9. Aggregate Amount Beneficially Owned by Each Reporting Person.....See Item 5
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions).........................................................
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11. Percent of Class Represented by Amount in Row (9)................See Item 5
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12. Type of Reporting Person (See Instructions)..............................PN
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Page 2 of 9 pages
CUSIP No. 095698 50 2
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Matrix V Entrepreneurs Fund, L.P.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(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.........................See Item 5
Number of Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power.......................See Item 5
Owned by Each ---------------------------------------------------------
Reporting Person 7. Sole Dispositive Power....................See Item 5
With: ---------------------------------------------------------
8. Shared Dispositive Power..................See Item 5
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9. Aggregate Amount Beneficially Owned by Each Reporting Person.....See Item 5
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions).........................................................
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11. Percent of Class Represented by Amount in Row (9)................See Item 5
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12. Type of Reporting Person (See Instructions)..............................PN
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Page 3 of 9 pages
CUSIP No. 095698 50 2
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Matrix V Management Co. L.L.C
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(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.........................See Item 5
Number of Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power.......................See Item 5
Owned by Each ---------------------------------------------------------
Reporting Person 7. Sole Dispositive Power....................See Item 5
With: ---------------------------------------------------------
8. Shared Dispositive Power..................See Item 5
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9. Aggregate Amount Beneficially Owned by Each Reporting Person.....See Item 5
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions).........................................................
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11. Percent of Class Represented by Amount in Row (9)................See Item 5
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12. Type of Reporting Person (See Instructions)..............................PN
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Page 4 of 9 pages
CUSIP No. 095698 50 2
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Andrew W. Verhalen
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)........................................................................
(b) ......................................................................
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3. SEC Use Only...............................................................
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4. Citizenship or Place of Organization..........................United States
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5. Sole Voting Power.........................See Item 5
Number of Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power.......................See Item 5
Owned by Each ---------------------------------------------------------
Reporting Person 7. Sole Dispositive Power....................See Item 5
With: ---------------------------------------------------------
8. Shared Dispositive Power..................See Item 5
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9. Aggregate Amount Beneficially Owned by Each Reporting Person.....See Item 5
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions).........................................................
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11. Percent of Class Represented by Amount in Row (9)................See Item 5
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12. Type of Reporting Person (See Instructions)..............................IN
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Page 5 of 9 pages
CUSIP No. 095698 50 2
Item 1(a) Name of Issuer:
Blue Martini Software, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
2600 Campus Drive, Suite 175
San Mateo, CA 94403
Item 2(a) Name of Persons Filing:
Matrix Partners V, L.P. ("Matrix V"); Matrix V Entrepreneurs
Fund, L.P. ("Entrepreneurs", and together with Matrix V, the
"Partnerships"); Matrix V Management Co., L.L.C.
("Management"), the general partner of each of the
Partnerships; and Andrew W. Verhalen ("Verhalen"), the
managing member who has sole voting and dispositive authority
with respect to shares of Blue Martini Software, Inc. held of
record by the Partnerships.
Item 2(b) Address of Principal Business Office or, if none, Residence:
The address of the reporting persons is:
1000 Winter Street Suite 4500
Waltham, MA 02451
Item 2(c) Citizenship:
Matrix V is a limited partnership organized under the laws of
the State of Delaware. Entrepreneurs is a limited partnership
organized under the laws of the State of Delaware. Management
is a limited liability company organized under the laws of the
State of Delaware. Mr. Verhalen is a citizen of the United
States.
Item 2(d) Title of Class of Securities:
Common Stock, par value $.001 per share (the "Common Stock").
Item 2(e) CUSIP Number:
095698 50 2
Item 3 Description of Person Filing:
Not applicable.
Item 4 Ownership:
(a) Amount Beneficially Owned:
See Item 5
(b) Percent of Class:
Matrix V: See Item 5
Entrepreneurs: See Item 5
Page 6 of 9 pages
CUSIP No. 095698 50 2
Management: See Item 5
Mr. Verhalen: See Item 5
(c) Number of Shares as to which the person has:
(i) sole voting power; (ii) shared voting power;
(iii) sole dispositive power; (iv) shared dispositive
power:
See Item 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 hereto 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:
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:
Not applicable.
Page 7 of 9 pages
CUSIP No. 095698 50 2
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned hereby certifies that the
information set forth in this statement is true, complete and correct.
DATED: February 5, 2004.
MATRIX PARTNERS V, L.P.
By: Matrix V Management Co., L.L.C
General Partner
By: /s/ Andrew W. Verhalen
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Andrew W. Verhalen
Managing Member
MATRIX V ENTREPRENEURS FUND, L.P.
By: Matrix V Management Co., L.L.C.
General Partner
By: /s/ Andrew W. Verhalen
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Andrew W. Verhalen
Managing Member
MATRIX V MANAGEMENT CO., L.L.C
By: /s/ Andrew W. Verhalen
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Andrew W. Verhalen
Managing Member
/s/ Andrew W. Verhalen
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Andrew W. Verhalen
Page 8 of 9 pages
CUSIP No. 095698 50 2
Exhibit I
AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby agree that only one statement containing the
information required by Schedule 13G need be filed with respect to the ownership
by each of the undersigned of the shares of Common Stock of Blue Martini
Software, Inc.
EXECUTED as a sealed instrument this 5th day of February, 2004.
MATRIX PARTNERS V, L.P.
By: Matrix V Management Co., L.L.C.
General Partner
By: /s/ Andrew W. Verhalen
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Andrew W. Verhalen
Managing Member
MATRIX V ENTREPRENEURS FUND, L.P.
By: Matrix V Management Co., L.L.C.
General Partner
By: /s/ Andrew W. Verhalen
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Andrew W. Verhalen
Managing Member
MATRIX V MANAGEMENT CO., L.L.C.
By: /s/ Andrew W. Verhalen
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Andrew W. Verhalen
Managing Member
/s/ Andrew W. Verhalen
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Andrew W. Verhalen
Page 9 of 9 pages