SC 13G/A 1 eh210130203_13ga1-saic.htm AMENDMENT NO. 1

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

Science Applications International Corporation
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
808625107
(CUSIP Number)
 
December 31, 2020
(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)
  ☐ 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 disclosures provided in a prior cover page.

 

The information required on 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).

 

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 2 of 15

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic LLC

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

OO

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 3 of 15

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic GenPar, L.P.

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

PN

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 4 of 15

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments III, LLC

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

OO

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 5 of 15

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments IV, LLC

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

OO

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 6 of 15

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments CDA, L.P.

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

PN

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 7 of 15

 

 

1

NAME OF REPORTING PERSON

 

GAPCO GmbH & Co. KG

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Germany

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

PN

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 8 of 15

 

 

1

NAME OF REPORTING PERSON

 

GAPCO Management GmbH

  
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a)  o

(b)  o

3

SEC USE ONLY

 

 

  
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Germany

  

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

 5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

0

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

  
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 o
11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.0%

  
12

TYPE OF REPORTING PERSON

 

OO

  

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 9 of 15

 

 

Item 1. (a) NAME OF ISSUER
     
    Science Applications International Corporation (the “Company”).
     
  (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
     
   

12010 Sunset Hills Road

Reston, VA 20190

     
Item 2. (a) NAMES OF PERSONS FILING
     
    This Statement is being filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
     
    (i) General Atlantic LLC, a Delaware limited liability company (“GA LLC”);
       
    (ii)  General Atlantic GenPar, L.P., a Delaware limited partnership (“GenPar”);
       
    (iii)  GAP Coinvestments III, LLC, a Delaware limited liability company (“GAPCO III”);
       
    (iv) GAP Coinvestments IV, LLC, a Delaware limited liability company (“GAPCO IV”);
       
    (v) GAP Coinvestments CDA, L.P., a Delaware limited partnership (“GAPCO CDA”);
       
    (vi) GAPCO GmbH & Co KG, a German limited partnership (“KG”); and
       
    (vii) GAPCO Management GmbH, a German corporation (“GmbH Management”)

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 10 of 15

 

 

  (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE
     
    The principal address of each of the Reporting Persons (other than KG and GmbH Management) is c/o General Atlantic Service Company, L.P., 55 East 52nd Street, 33rd Floor, New York, NY 10055. The principal address of KG and GmbH Management is c/o General Atlantic GmbH, Maximilianstrasse 35b, 80539 Munich, Germany.
     
  (c) CITIZENSHIP
       
    (i) GA LLC - Delaware
       
    (ii)  GenPar - Delaware
       
    (iii)  GAPCO III - Delaware
       
    (iv) GAPCO IV - Delaware
       
    (v) GAPCO CDA - Delaware
       
    (vi) KG - Germany
       
    (vii) GmbH Management - Germany
       
  (d) TITLE OF CLASS OF SECURITIES
     
    Common Stock, par value $.0001 per share (“Common Stock”).
     
  (e) CUSIP NUMBER
     
    808625107
     

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 11 of 15

 

 

Item 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS:
     
  Not applicable.
     
Item 4.  OWNERSHIP.
     
 

As of the date hereof, none of the Reporting Persons beneficially owns any shares of Common Stock.

     

 

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 12 of 15

 

 

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 5 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
   
  See Item 2, which states the identity of the members of the group filing this Schedule 13G.
   
Item 9. NOTICE OF DISSOLUTION OF GROUP
   
  Not applicable.
   
Item 10. CERTIFICATION
   
  By signing below we certify that, to the best of our 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 or effect.

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 13 of 15

 

 

Exhibit Index

 

 

Exhibit 1. Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.

 

 

 

  

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 14 of 15

 

 

SIGNATURES

 

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.

 

Dated as of February 12, 2021

 

  GENERAL ATLANTIC LLC  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GENERAL ATLANTIC GENPAR, L.P.  
         
  By:

General Atlantic LLC,

Its general partner

  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAP COINVESTMENTS III, LLC  
         
  By: General Atlantic LLC, its Managing Member  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAP COINVESTMENTS IV, LLC  
         
  By: General Atlantic LLC, its Managing Member  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

  

 

 

 

CUSIP No. 808625107 SCHEDULE 13G Page 15 of 15

 

 

  GAP COINVESTMENTS CDA, L.P.  
         
  By: General Atlantic LLC., its General Partner  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAPCO GMBH & CO. KG  
         
  By:

GAPCO Management GmbH,

Its general partner

  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAPCO MANAGEMENT GMBH  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  

 

  

EXHIBIT 1

 

JOINT ACQUISITION STATEMENT

PURSUANT TO RULE 13D-1(k)(1)

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements.  The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is accurate.

 

Dated:  February 12, 2021

 

  GENERAL ATLANTIC LLC  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GENERAL ATLANTIC GENPAR, L.P.  
         
  By:

General Atlantic LLC,

Its general partner

  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         

  GAP COINVESTMENTS III, LLC  
         
  By: General Atlantic LLC, its Managing Member  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAP COINVESTMENTS IV, LLC  
         
  By: General Atlantic LLC, its Managing Member  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

 

  

 

 

 

  GAP COINVESTMENTS CDA, L.P.  
         
  By: General Atlantic LLC., its General Partner  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAPCO GMBH & CO. KG  
         
  By:

GAPCO Management GmbH,

Its general partner

  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         
         
  GAPCO MANAGEMENT GMBH  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director