SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 1)
AMDOCS LIMITED
______________________________________________________________________
(Name of Issuer)
Ordinary Shares, par value (pound) 0.01
______________________________________________________________________
(Title of Class of Securities)
G02602 10 3
______________________________________________________________________
(Cusip Number)
Wayne Wirtz, Esq.
SBC Communications Inc.
175 East Houston
San Antonio, TX 78205
(210) 351-3736
______________________________________________________________________
(Name and Address, and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 9, 2001
______________________________________________________________________
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].
(continued on following pages)
(Page 1 of 10 Pages)
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CUSIP NO. G02602 10 3 13D/A Page 2 of 10 Pages
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1 NAME OF REPORTING PERSON SBC COMMUNICATIONS INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 43-1301883
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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 SOURCE OF FUNDS AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
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NUMBER OF 7 SOLE VOTING POWER 0
SHARES -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 33,678,658*
OWNED BY * Of the Shares beneficially owned by SBC, 13,024,520
EACH Shares are non-voting.
REPORTING -------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER 0
WITH -------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 33,678,658
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 33,678,658
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.2%
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14 TYPE OF REPORTING PERSON HC
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CUSIP NO. G02602 10 3 13D/A Page 3 of 10 Pages
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1 NAME OF REPORTING PERSON SBC INTERNATIONAL INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 43-1380735
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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 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
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NUMBER OF 7 SOLE VOTING POWER 0
SHARES
BENEFICIALLY -------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER 33,678,658*
EACH * Of the Shares beneficially owned by SBC, 13,024,520
REPORTING Shares are non-voting.
PERSON -------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER 0
-------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 33,678,658
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 33,678,658
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.2%
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14 TYPE OF REPORTING PERSON CO
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CUSIP NO. G02602 10 3 13D/A Page 4 of 10 Pages
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1 NAME OF REPORTING PERSON SBC OPTION DELIVERY, LLC
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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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 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
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NUMBER OF 7 SOLE VOTING POWER 0
SHARES -----------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 17,448,823*
OWNED BY * Of the Shares beneficially owned by SBC, 13,024,520
EACH Shares are non-voting.
REPORTING -----------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER 0
WITH -----------------------------------------------------------
10 SHARED DISPOSITIVE POWER 17,448,823
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 17,448,823
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.9%
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14 TYPE OF REPORTING PERSON CO
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Page 5 of 10 Pages
AMENDMENT NO. 1 TO SCHEDULE 13D
RELATING TO ORDINARY SHARES
OF AMDOCS LIMITED
This Amendment No. 1 to the Schedule 13D filed on February 22, 2000 (the
"Original 13D"), by SBC Communications Inc. ("SBC") and SBC International Inc.
("SBCI") is being filed to report the disposition of holdings in Amdocs Limited
(the "Company") and the contribution of the Company's shares to SBC Option
Delivery, LLC ("SBCO").
Item 1. Security and Issuer
This statement relates to the Ordinary Shares, par value (pound) 0.01 (the
"Shares"), of Amdocs Limited, a company organized under the laws of the Island
of Guernsey. The Shares trade on the New York Stock Exchange under the symbol
"DOX". The principal executive office of the Company is Tower Hill House Le
Bordage GY1 3QT, St. Peter Port, Island of Guernsey, Channel Islands.
Item 2. Identity and Background
(a) - (c) SBCO is a Delaware LLC and a subsidiary of SBC with its principal
office and principal place of business at #2 Read's Way, Corporate
Commons, Suite 117, New Castle, Delaware 19720. SBCI indirectly owns
SBCO. SBCO provides SBC with an indirect partial hedge of potential
liabilities associated with certain stock options granted to SBC
employees as well as a mechanism for repurchasing shares to satisfy
those potential liabilities. SBCO has no officers or directors, and is
managed by SBC Hedging Management, LLC ("SBCH").
SBCH is a Delaware LLC and a subsidiary of SBC with its principal
office and principal place of business at #2 Read's Way, Corporate
Commons, Suite 117, New Castle, Delaware 19720.
(d) - (e) During the last five years, neither SBCO nor SBCH, nor, to the
best of their knowledge, any of SBCH's directors, has been
convicted in any criminal proceeding (excluding traffic violations
or similar misdemeanors) or been a party to a civil proceeding
of a judicial or administrative body of competent jurisdiction
resulting in a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to, Federal or State securities laws, or finding any violation
with respect to such laws, and which judgment, decree or final order
was not subsequently vacated.
Page 6 of 10 Pages
(f) SBCH has no officers and has the following directors (all are citizens of
the U.S., all are employed by SBC in the capacities set forth opposite
their names, and all are located at 175 E. Houston, San Antonio, TX 78205):
John B. Gibson General Attorney
Harold E. Rainbolt Assistant General Counsel
Michael J. Viola Vice President - Treasurer
Michael D. Wagner Managing Director - Assistant Treasurer
Item 4. Purpose of Transaction
Since the filing of the Original 13D, SBCI contributed 17,448,823 Shares to
SBCO on December 4, 2000, and disposed of 11,088,031 Shares through open market
sales or charitable contributions. SBC periodically evaluates its investment in
the Company in light of, among other things, the Company's performance, market
conditions and SBC's investment and operational strategies, and may determine to
sell or otherwise dispose of from time to time some or all of the Shares which
SBC presently beneficially owns through open market sales, privately negotiated
transactions, charitable gifts or otherwise.
Item 5. Interest in Securities of the Issuer
(a) SBCI beneficially owns 33,678,658 Shares representing 15.2% of the
outstanding ordinary Shares class. SBCO directly beneficially owns
17,448,823 Shares representing 7.9% of the outstanding ordinary Shares
class. As of February 1, 2001, the capital structure of Amdocs Limited is
made up of 221,318,000 Shares (according to Form 6-K filed by Amdocs
Limited on February 1, 2001). SBC possesses ultimate beneficial ownership
of the Shares by virtue of its ownership of SBCI and SBCO.
(b) Of the 33,678,658 Shares beneficially owned by SBC, 20,654,138 Shares have
voting rights and 13,024,520 Shares are non-voting Shares. Each non-voting
Share will convert into one Share with voting rights upon its sale.
SBCI beneficial ownership interest:
Percent of class: 15.2%
Sole power to vote or to direct the vote: 0 Shares
Shared power to vote or to direct the vote: 33,678,658 Shares*
Sole power to dispose or to direct the disposition of: 0 Shares
Shared power to dispose or direct the disposition of: 33,678,658 Shares
Page 7 of 10 Pages
SBCO beneficial ownership interest:
Percent of class: 7.9%
Sole power to vote or to direct the vote: 0 Shares
Shared power to vote or to direct the vote: 17,448,823 Shares*
Sole power to dispose or to direct the disposition of: 0 Shares
Shared power to dispose or direct the disposition of: 17,448,823 Shares
SBC has ultimate control over the voting or disposition of the Shares held
by SBCI and SBCO by virtue of its ownership of SBCI.
* Of the Shares beneficially owned by SBC, 13,024,520 Shares are non-voting.
(c) During the past sixty days, SBCI disposed of Shares as follows:
Transaction Date Type of Transaction Number of Shares Price Per Share
12/13/2000 Charitable Gift 22,500 N/A
02/05-02/07/2001 Open Market Sales 1,219,300 $71.81 - $76.90
02/09/2001 Charitable Gift 8,362,369 N/A
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
Pursuant to SBC's 1996 Stock and Incentive Plan, a grant of units
convertible on a one-for-one basis into Company shares was made in June 1998 to
officers of SBC including Mr. James Kahan, a director of the Company. These
units vest over three years and are subject to forfeiture prior to vesting.
Currently, 554,760 Shares are subject to vesting and 270,606 Shares are
deferred, and remain undistributed to such officers.
Item 7. Material to be Filed as Exhibits
Exhibit No. Description
1 Joint Filing Agreement
Page 8 of 10 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.
SBC COMMUNICATIONS INC.
Dated: February 22, 2001 By: /s/ James S. Kahan
James S. Kahan
Executive Vice President - Development
SBC INTERNATIONAL INC.
Dated: February 22, 2001 By: /s/ James S. Kahan
James S. Kahan
Senior Executive Vice President -
Corporate Development
SBC OPTION DELIVERY, LLC
By SBC Hedging Management, LLC
Manager of SBC Option Delivery, LLC
Dated: February 22, 2001 By: /s/ Michael D. Wagner
Michael D. Wagner
Director, SBC Hedging Management, LLC
Page 9 of 10 Pages
EXHIBIT INDEX
Exhibit No. Description
1 Joint Filing Agreement