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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
---
BroadVision Inc
---------------------------------
(Name of Issuer)
Common Stock
---------------------------------
(Title of Class of Securities)
111412 10 2
---------------------------------
(CUSIP Number)
December 31, 2001
-------------------------------------------------------
(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)
*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.
SEC 1745 (3-98)
Page 1 of 5 pages
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CUSIP NO. 111412 10 2 13G Page 2 of 5 Pages
------------- ---------------------
------------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
Pehong Chen
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
USA
------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 56,219,173(1)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 56,219,173(1)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
56,219,173(1)
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
19.5%
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TYPE OF REPORTING PERSON
12
IN
------------------------------------------------------------------------------
(1) Includes 36,660,000 shares held by Pehong Chen & Adele W. Chi Trustees The
Chen Family Trust dated 1/15/93 and 3,344,173 shares issuable upon exercise of
options within 60 days.
Page 2 of 5 pages
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CUSIP NO. 111412 10 2 13G Page 3 of 5 Pages
------------ ---------------------
--------------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
Pehong Chen & Adele W. Chi Trustees The Chen Family Trust dated 1/15/93
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
------------------------------------------------------------------------------
SEC USE ONLY
3
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
California
------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 36,660,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 0
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 36,660,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
36,660,000
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
12.9%
------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
OO
------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 5 pages
Item 1.
(a) Name of Issuer
BroadVision Inc.
(b) Address of Issuer's Principal Executive Offices
585 Broadway
Redwood City, CA 94063
Item 2.
(a) Name of Person Filing
Pehong Chen
Pehong Chen & Adele W. Chi Trustees The Chen Family
Trust dated 1/15/93 (the "Trust")
(b) Address of Principal Business Office or, if none, Residence
585 Broadway
Redwood City, CA 94063
(c) Citizenship
Pehong Chen USA
Trust California
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
111412 10 2
Item 3. If this statement is filed pursuant to (S)(S)240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
Not applicable
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:
Pehong Chen 56,219,173(1)
Trust 36,660,000
(b) Percent of Class:
Pehong Chen 19.5%
Trust 12.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Pehong Chen 56,219,173(1)
Trust 36,660,000
(ii) Shared power to vote or to direct the vote:
Pehong Chen 0
Trust 0
Page 4 of 5 pages
(iii) Sole power to dispose or to direct the disposition of:
Pehong Chen 56,219,173(1)
Trust 36,660,000
(iv) Shared power to dispose or to direct the disposition of:
Pehong Chen 0
Trust 0
(1) Includes 36,660,000 shares held by Pehong Chen & Adele W. Chi
Trustees The Chen Family Trust dated 1/15/93 and 3,344,173 shares
issuable upon exercise of options within 60 days.
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
Trustees The Chen Family Trust dated 1/15/93 and 3,344,173 Company
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of a Group
Not Applicable
Item 10. Certification
Not Applicable
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.
February 13, 2002
---------------------------------------------
Date
/s/ Pehong Chen
---------------------------------------------
Signature
Pehong Chen
---------------------------------------------
Individually and as Trustee of The Chen
Family Trust dated 1/15/93
Page 5 of 5 pages