SC 13D/A 1 y45850sc13da.txt AMENDMENT NO. 3 TO SCHEDULE 13D 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------------------- AMENDMENT NO. 3 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 GLOBAL VACATION GROUP, INC. (Name of Issuer) -------------------------- COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) -------------------------- 37937F106 (Cusip Number) -------------------------- DAVID W. BERNSTEIN, ESQ. CLIFFORD CHANCE ROGERS & WELLS LLP 200 PARK AVENUE NEW YORK, NEW YORK 10166 (212) 878-8000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -------------------------- JANUARY 2, 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 5 Pages 2 ---------------------------------------------------------------------------------------------------------------- CUSIP No. 37937F106 13D Page 2 of 5 Pages ----------------- ---------------------------------------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON GV Investment LLC ---------------------------------------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] ---------------------------------------------------------------------------------------------------------------- 3. SEC USE ONLY ---------------------------------------------------------------------------------------------------------------- 4. SOURCES OF FUNDS OO ---------------------------------------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ---------------------------------------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE ---------------------------------------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY EACH 386,300 REPORTING ---------------------------------------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ---------------------------------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 5,878,570.51 ---------------------------------------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,878,570.51 ---------------------------------------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ---------------------------------------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.6% ---------------------------------------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO (limited liability company) ----------------------------------------------------------------------------------------------------------------

3 ---------------------------------------------------------------------------------------------------------------- CUSIP No. 37937F106 13D Page 3 of 5 Pages ----------------- ---------------------------------------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THREE CITIES FUND III L.P. ---------------------------------------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] ---------------------------------------------------------------------------------------------------------------- 3. SEC USE ONLY ---------------------------------------------------------------------------------------------------------------- 4. SOURCES OF FUNDS Not Applicable ---------------------------------------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ---------------------------------------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE ---------------------------------------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY EACH 0 REPORTING ---------------------------------------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ---------------------------------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 0 ---------------------------------------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,878,570.51 ---------------------------------------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ---------------------------------------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.6% ---------------------------------------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON PN ----------------------------------------------------------------------------------------------------------------

4 ---------------------------------------------------------------------------------------------------------------- CUSIP No. 37937F106 13D Page 4 of 5 Pages ----------------- ---------------------------------------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THREE CITIES RESEARCH, INC. ---------------------------------------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] ---------------------------------------------------------------------------------------------------------------- 3. SEC USE ONLY ---------------------------------------------------------------------------------------------------------------- 4. SOURCES OF FUNDS Not Applicable ---------------------------------------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] ---------------------------------------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE ---------------------------------------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY EACH 386,300 REPORTING ---------------------------------------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER 0 ---------------------------------------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 5,878,570.51 ---------------------------------------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,878,570.51 ---------------------------------------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] ---------------------------------------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.6% ---------------------------------------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO ----------------------------------------------------------------------------------------------------------------

5 This Amendment No. 3 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on June 30, 2000 by GV Investment LLC, Three Cities Fund III, L.P. and Three Cities Research, Inc., as subsequently amended. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a)-(b) Between December 20, 2000 and January 2, 2001, GV Investment LLC received interest totaling $1,334,421.43 from the Issuer in the form of notes convertible into 254,175.51 shares of the Company's common stock. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment is true, complete and correct. Dated: February 9, 2001 GV INVESTMENT LLC By: /s/ J. William Uhrig ------------------------------- Name: J. William Uhrig Title: President THREE CITIES FUND III, L.P. By:TCR Associates III, L.L.C., its General Partner By:TCR GP, L.L.C. its Managing Member By: /s/ J. William Uhrig ------------------------------ Name: J. William Uhrig Title: Managing Member THREE CITIES RESEARCH, INC. By: /s/ Thomas G. Weld ------------------------------ Name: Thomas G. Weld Title: Treasurer Page 5 of 5 Pages

GLOBAL VACATION GROUP INC SC 13D/A