SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------------------------------------------------------------------------- SCHEDULE 13D/A* Under the Securities Exchange Act of 1934 USA Interactive (formerly USA Networks, Inc.) (Name of Issuer) Common Stock, par value $.01 per share (Title of Class of Securities) Charles Y. Tanabe, Esq. Pamela S. Seymon, Esq. George E. Bushnell III, Esq. Senior Vice President and General Wachtell, Lipton, Rosen & Katz Vivendi Universal Counsel 51 West 52nd Street 375 Park Avenue Liberty Media Corporation New York, New York 10019 New York, New York 10152 12300 Liberty Boulevard (212) 403-1000 (212) 572-7000 Englewood, CO 80112 (720) 875-5400 (Name, Address and Telephone Number of Persons Authorized to receive Notices and Communications) February 18, 2003 (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. [__] 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). --------------------- * Note: This statement constitutes Amendment No. 12 of the Report on Schedule 13D of the reporting group consisting of Liberty Media Corporation, Barry Diller, Vivendi Universal Canada Inc. (formerly The Seagram Company Ltd.), Vivendi Universal, S.A., Universal Studios, Inc. and the BDTV Entities. This statement also constitutes Amendment No. 7 of a Report on Schedule 13D of Barry Diller, Amendment No. 12 of a Report on Schedule 13D of Vivendi Universal Canada Inc. (formerly The Seagram Company Ltd.) and Universal Studios, Inc., Amendment No. 6 of a Report on Schedule 13D of Vivendi Universal, S.A., Amendment No. 18 of a Report on Schedule 13D of BDTV II INC., Amendment No. 13 of a Report on Schedule 13D of BDTV III INC. and Amendment No. 12 of a Report on Schedule 13D of BDTV IV INC. 1 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons Liberty Media Corporation (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 228,183,004 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 2 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons Vivendi Universal Canada Inc. (formerly The Seagram Company Ltd.) (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization Canada Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 89,079,043 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X].Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 3 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons Vivendi Universal, S.A. (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization France Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 89,079,043 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 4 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons Universal Studios, Inc. (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 89,079,043 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X). Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 5 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons Barry Diller (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization United States Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 228,183,004 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) IN 6 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons BDTV INC. (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)[_] (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 228,183,004 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 7 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons BDTV II INC. (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 228,183,004 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 8 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons BDTV III INC. (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 228,183,004 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 9 of 23 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons BDTV IV INC. (2) Check the Appropriate Box if a Member of a Group (a) [_] (b) [X] (3) SEC Use Only (4) Source of Funds Not Applicable (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [_] (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With: (7) Sole Voting Power None; see Item 5 (8) Shared Voting Power 228,183,004 shares (9) Sole Dispositive Power None; see Item 5 (10) Shared Dispositive Power 228,183,004 shares (11) Aggregate Amount Beneficially Owned by Each 228,183,004 shares Reporting Person (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X]. Excludes shares beneficially owned by the executive officers and directors of Liberty, Vivendi Universal, VU Canada and Universal and shares beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse. (13) Percent of Class Represented by Amount in Row (11) 39.7%. Assumes conversion of all shares of Class B Common Stock beneficially owned by the Reporting Persons into shares of Common Stock, the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal. Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. See Item 5. (14) Type of Reporting Person (See Instructions) CO 10 of 23 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Statement of LIBERTY MEDIA CORPORATION, BARRY DILLER, UNIVERSAL STUDIOS, INC., VIVENDI UNIVERSAL CANADA INC. (FORMERLY THE SEAGRAM COMPANY LTD.), VIVENDI UNIVERSAL, S.A., BDTV INC., BDTV II INC., BDTV III INC. and BDTV IV INC. Pursuant to Section 13(d) of the Securities Exchange Act of 1934 in respect of USA INTERACTIVE (formerly USA Networks, Inc.) This Report on Schedule 13D relates to the common stock, par value $.01 per share (the "Common Stock"), of USA Interactive, a Delaware corporation (formerly "USA Networks, Inc.") ("USA" or the "Company"). The Reports on Schedule 13D, as amended and supplemented, originally filed with the Commission by (i) the reporting group (the "Reporting Group") consisting of Liberty Media Corporation, a Delaware corporation ("Liberty"), Mr. Barry Diller, Universal Studios, Inc., a Delaware corporation ("Universal"), Vivendi Universal Canada Inc. (formerly The Seagram Company Ltd.), a Canadian corporation ("VU Canada"), Vivendi Universal, S.A., a societe anonyme organized under the laws of the Republic of France ("Vivendi Universal"), BDTV INC., a Delaware corporation ("BDTV"), BDTV II INC., a Delaware corporation ("BDTV II"), BDTV III INC., a Delaware corporation ("BDTV III"), and BDTV IV INC., a Delaware corporation ("BDTV IV") (each, a "Reporting Person"), on February 24, 1998 (the "Reporting Group Schedule 13D"), (ii) Liberty on July 19, 1999 (the "Liberty Schedule 13D"), (iii) Mr. Diller on August 29, 1995 (the "Barry Diller Schedule 13D"), (iv) Universal and VU Canada on February 24, 1998 (the "Universal Schedule 13D"), (v) BDTV on August 16, 1996 (the "BDTV Schedule 13D"), (vi) BDTV II on December 24, 1996 (the "BDTV II Schedule 13D"), (vii) BDTV III on July 28, 1997 (the "BDTV III Schedule 13D"), (viii) BDTV IV on February 24, 1998 (the "BDTV IV Schedule 13D"), and (ix) Vivendi Universal on August 2, 2001 (the "Vivendi Schedule 13D") are each hereby amended and supplemented to include the information set forth herein. This Report on Schedule 13D constitutes Amendment No. 12 to the Reporting Group Schedule 13D, Amendment No. 7 to the Liberty Schedule 13D, Amendment No. 22 to the Barry Diller Schedule 13D, Amendment No. 12 to the Universal Schedule 13D, Amendment No. 6 to the Vivendi Schedule 13D, Amendment No. 18 to the BDTV Schedule 13D, Amendment No. 16 to the BDTV II Schedule 13D, Amendment No. 13 to the BDTV III Schedule 13D and Amendment No. 12 to the BDTV IV Schedule 13D. The Reporting Group Schedule 13D, the Liberty Schedule 13D, the Barry Diller Schedule 13D, the Universal Schedule 13D, the Vivendi Schedule 13D, the BDTV Schedule 13D, the BDTV II Schedule 13D, the BDTV III Schedule 13D and the BDTV IV Schedule 13D (each, as amended) are collectively referred to as the "Schedule 13D." Capitalized terms not defined herein have the meanings given to such terms in the prior Reports on Schedule 13D referred to in this paragraph. Information contained herein with respect to each Reporting Person and its executive officers, directors and controlling persons is given solely by such Reporting Person, and no other Reporting Person has responsibility for the accuracy or completeness of information supplied by such other Reporting Person. 11 of 23 ITEM 2. Identity and Background Schedules 1, 3 and 5 are incorporated herein by reference and amend and restate Schedules 1, 3 and 5 to the Schedule 13D, respectively, in their entirety. ITEM 3. Source and Amount of Funds or Other Consideration The information contained in Items 5 and 6 of this Schedule 13D is hereby incorporated by reference herein. ITEM 4. Purpose of the Transaction The information contained in Items 5 and 6 of this Schedule 13D is hereby incorporated by reference herein. Depending on market conditions and other factors, and subject to any restrictions described in Items 5 and 6 or contained in the agreements attached as Exhibits hereto or as previously filed as exhibits to this Schedule 13D, the Reporting Persons or their respective subsidiaries may purchase additional shares of Common Stock in the open market or in private transactions. Alternatively, depending on market conditions and other factors, and subject to any restrictions described in Items 5 or 6 or contained in the agreements attached as Exhibits hereto or previously filed as exhibits to this Schedule 13D, the Reporting Persons or their respective subsidiaries may sell all or some of their shares of Common Stock. Except as described in Items 5 and 6 or contained in the agreements attached as Exhibits hereto or previously filed as exhibits to this Schedule 13D, neither any Reporting Person nor, to the best of their knowledge, any of their respective directors or officers has plans or proposals that relate to or would result in any of the actions set forth in clauses (a) through (j) of Item 4. ITEM 5. Interest in Securities of the Issuer The information contained in Item 6 of this Schedule 13D is hereby incorporated by reference herein. The information contained in Item 5 of this Schedule 13D is hereby amended and supplemented by adding the following information: Pursuant to the Equity Warrant Agreement, dated as of May 7, 2002, between the Company and The Bank of New York, as equity warrant agent (previously filed as Exhibit 49 to this Schedule 13D), the Company issued to an affiliate of Vivendi Universal 60,467,735 Equity Warrants (the "Warrants") each to purchase one share of Common Stock, subject to adjustment, at the following exercise prices: 24,187,094 Warrants ("Tranche A Warrants") at $27.50 per share, 24,187,094 Warrants ("Tranche B Warrants") at $32.50 per share and 12,093,547 Warrants at $37.50 per share (See the description of the Equity Warrant Agreement in the Report on Schedule 13D filed by the Reporting Group on December 21, 2001). The Warrants were assigned by such affiliate of Vivendi Universal to Vivendi Universal on December 30, 2002. Pursuant to the Purchase Agreement, dated as of February 12, 2003 (the "Purchase Agreement", filed as Exhibit 51 to this statement), between Deutsche Bank AG ("Deutsche Bank") and Vivendi Universal, Vivendi Universal sold to Deutsche Bank, on February 18, 2003, 21,000,000 Tranche A Warrants for $8.94 per Tranche A Warrant and 7,000,000 Tranche B Warrants for $7.52 per Tranche B Warrant. In connection with the sale of Warrants to Deutsche Bank, Vivendi Universal has also granted to Deutsche Bank an option to purchase all or a portion of an additional 3,187,094 Tranche A Warrants and 1,000,000 Tranche B Warrants on the same terms. Such option expires on March 14, 2003. Vivendi Universal understands that in connection with the purchase of Warrants by Deutsche Bank, certain affiliates of Deutsche Bank AG issued and offered (the "Notes Offering") pursuant to Rule 144A under the Securities Act of 1933, as amended, $577,500,000 aggregate principal amount of Tranche A Floating Rate High Income Premium Exchangeable Notes due 2012 and $227,500,000 aggregate principal amount of Tranche B 12 of 23 Floating Rate High Income Premium Exchangeable Notes due 2012, in each case, exchangeable into shares of Common Stock. In connection with the Notes Offering, Vivendi Universal and Deutsche Bank Securities Inc. ("DBSI", an affiliate of Deutsche Bank) have entered into a Lock-Up Agreement, dated as of February 12, 2003 (filed as Exhibit 52 to this Schedule 13D) pursuant to which Vivendi Universal has agreed that, without the prior written consent of DBSI, it will not (i) directly or indirectly offer, sell, pledge, contract to sell, grant any option to purchase or otherwise dispose of any shares of Common Stock (including, without limitation, shares of Common Stock which may be issued upon exercise of a stock option or warrant) or any other security convertible into or exchangeable for shares of Common Stock or (ii) enter into any hedging transaction relating to the Common Stock, until the earlier of (A) May 13, 2003 and (B) the termination of the Purchase Agreement. The foregoing shall not apply to dispositions of (a) securities that Vivendi Universal acquires in open market transactions that occur after the completion of the Notes Offering, (b) securities as part of a restructuring, reorganization, merger, acquisition, recapitalization or similar transaction where such disposition is not the primary purpose of such transaction, (c) Warrants that are sold pursuant to the Purchase Agreement and (d) any securities if the transfer is (i) by gift, will or intestacy or (ii) to partners, members, shareholders or affiliates of Vivendi Universal, or to Vivendi Universal. As a result of the consummation of the sale of warrants by Vivendi Universal to Deutsche Bank described above, the members of the Reporting Group beneficially own 163,553,008 (assuming the exercise of options to purchase 47,120,888 shares of Common Stock which are currently exercisable by Mr. Diller and the exercise of warrants to purchase 32,467,735 shares of Common Stock which are currently exercisable by Vivendi Universal) shares of Common Stock and 64,629,996 shares of Class B Common Stock. These shares constitute 32.0% of the outstanding Common Stock and 100% of the outstanding Class B Common Stock. Assuming the conversion of all of the Reporting Group's Class B shares into Common Stock, the Reporting Group would beneficially own 39.7% of the outstanding Common Stock (calculated in accordance with Rule 13d-3). Because each share of Class B Common Stock generally is entitled to ten votes per share and each share of Common Stock is entitled to one vote per share, the Reporting Persons may be deemed to beneficially own equity securities of the Company representing approximately 68.4% of the voting power of the Company. The foregoing beneficial ownership figures exclude shares of Common Stock beneficially owned by Diane Von Furstenberg, Mr. Diller's spouse, as to which Mr. Diller disclaims beneficial ownership. Mr. Diller continues to hold an irrevocable proxy granted by each of Universal and Liberty, pursuant to which Mr. Diller has the right to vote the Company's securities held by Universal, Liberty and their respective affiliates. Except as set forth or incorporated by reference herein, no Reporting Person or, to the best knowledge of each Reporting Person, any executive officer or director of such Reporting Person has effected any transaction in the Common Stock during the past 60 days. ITEM 6. Contracts, Arrangements, Understandings, or Relationships with Respect to the Securities of the Issuer The information contained in Item 5 of this Schedule 13D is hereby incorporated by reference herein. ITEM 7. Materials to be Filed as Exhibits The information contained in Item 7 of the Schedule 13D is hereby amended and supplemented by adding the following information: The following documents are filed as Exhibits to this Schedule 13D: Amendment No. 1 dated as of November 25, 2002 to the Amended and Restated Limited Liability Limited Partnership Agreement of Vivendi Universal Entertainment LLLP, dated as of May 7, 2002, by and among USI Entertainment Inc., USANI Holdings XX, Inc., Universal Pictures International Holdings BV, Universal Pictures International Holdings 2 BV, NYCSpirit Corp. II, USA Networks, Inc., USANI Sub LLC, New-U Studios Holdings, Inc. and Mr. Diller. 13 of 23 Purchase Agreement, dated as of February 12, 2003, between Deutsche Bank AG and Vivendi Universal, S.A. Lock-Up Agreement, dated as of February 12, 2003, between Vivendi Universal, S.A. and Deutsche Bank Securities Inc. 14 of 23 SIGNATURES After reasonable inquiry and to the best of his or her knowledge and belief, each of the undersigned certifies that the information in this statement is true, complete and correct. Dated: February 20, 2003 LIBERTY MEDIA CORPORATION By: /s/ Charles Y. Tanabe --------------------- Name: Charles Y. Tanabe Title: Senior Vice President BARRY DILLER /s/ Barry Diller ---------------- UNIVERSAL STUDIOS, INC. By: /s/ Karen Randall ------------------- Name: Karen Randall Title: Executive Vice President and General Counsel VIVENDI UNIVERSAL CANADA INC. By: /s/ George E. Bushnell III -------------------------- Name: George E. Bushnell III Title: Secretary VIVENDI UNIVERSAL, S.A. By: /s/ George E. Bushnell III -------------------------- Name: George E. Bushnell III Title: Vice President BDTV INC., BDTV II INC., BDTV III INC., BDTV IV INC. By: /s/ Barry Diller --------------------- Name: Barry Diller Title: President 15 of 23 INDEX TO EXHIBITS 1. Written Agreement between TCI and Mr. Diller regarding Joint Filing of Schedule 13D./*/ 2. Definitive Term Sheet regarding Stockholders Agreement, dated as of August 24, 1995, by and between Liberty Media Corporation and Mr. Diller./*/ 3. Definitive Term Sheet regarding Equity Compensation Agreement, dated as of August 24, 1995, by and between the Company and Mr. Diller./*/ 4. Press Release issued by the Company and Mr. Diller, dated August 25, 1995./*/ 5. Letter Agreement, dated November 13, 1995, by and between Liberty Media Corporation and Mr. Diller./*/ 6. Letter Agreement, dated November 16, 1995, by and between Liberty Media Corporation and Mr. Diller./*/ 7. First Amendment to Stockholders Agreement, dated as of November 27, 1995, by and between Liberty Media Corporation and Mr. Diller./*/ 8. Agreement and Plan of Merger, dated as of November 27, 1995, by and among Silver Management Company, Liberty Program Investments, Inc., and Liberty HSN, Inc./*/ 9. Exchange Agreement, dated as of November 27, 1995, by and between Silver Management Company and Silver King Communications, Inc./*/ 10. Agreement and Plan of Merger, dated as of November 27, 1995, by and among Silver King Communications, Inc., Thames Acquisition Corp. and Savoy Pictures Entertainment, Inc./*/ 11. Voting Agreement, dated as of November 27, 1995, by and among Certain Stockholders of the Company and Savoy Pictures Entertainment, Inc./*/ 12. Letter Agreement, dated March 22, 1996, by and between Liberty Media Corporation and Barry Diller./*/ 13. In re Applications of Roy M. Speer and Silver Management Company, Federal Communications Commission Memorandum and Order, adopted March 6, 1996 and released March 11, 1996./*/ 14. In re Applications of Roy M. Speer and Silver Management Company, Request for Clarification of Silver Management Company, dated April 10, 1996./*/ 15. In re Applications of Roy M. Speer and Silver Management Company, Federal Communications Commission Memorandum Opinion and Order and Notice of Apparent Liability, adopted June 6, 1996 and released June 14, 1996./*/ 16. Amended and Restated Joint Filing Agreement of TCI, Mr. Diller and BDTV./*/ 17. Amended and Restated Certificate of Incorporation of BDTV INC./*/ 18. Press Release issued by the Company and Home Shopping Network, Inc., dated August 26, 1996./*/ 19. Agreement and Plan of Exchange and Merger, dated as of August 25, 1996, by and among the Company, Home Shopping Network, Inc., House Acquisition Corp., and Liberty HSN, Inc./*/ 20. Termination Agreement, dated as of August 25, 1996, among the Company, BDTV Inc., Liberty Program Investments, Inc., and Liberty HSN, Inc./*/ 16 of 23 21. Voting Agreement, dated as of August 25, 1996, by and among Certain Stockholders of Home Shopping Network, Inc. and the Company./*/ 22. Voting Agreement, dated as of August 25, 1996, by and among Barry Diller, Liberty Media Corporation, Arrow Holdings, LLC, BDTV Inc., and Home Shopping Network, Inc./*/ 23. Letter Agreement, dated as of August 25, 1996, by and between Liberty Media Corporation and Barry Diller./*/ 24. Second Amended and Restated Joint Filing Agreement by and between TCI, Mr. Diller, BDTV Inc. and BDTV II Inc./*/ 25. Stock Exchange Agreement, dated as of December 20, 1996, by and between the Company and Liberty HSN, Inc./*/ 26. Letter Agreement, dated as of February 3, 1997, by and between BDTV INC. and David Geffen./*/ 27. Stock Exchange Agreement, dated as of May 20, 1997, by and between HSN, Inc. and Mr. Allen./*/ 28. Stockholders Agreement, dated as of May 20, 1997, by and among, Mr. Diller, Mr. Allen and Liberty Media Corporation./*/ 29. Letter Agreement, dated as of May 20, 1997, by and between Mr. Diller and Liberty Media Corporation./*/ 30. Third Amended and Restated Joint Filing Agreement by and between TCI, Mr. Diller, BDTV Inc., BDTV II Inc. and BDTV III Inc./*/ 31. Certificate of Incorporation of BDTV III Inc./*/ 32. Investment Agreement among Universal Studios, Inc., HSN, Inc., Home Shopping Network, Inc. and Liberty Media Corporation, dated as of October 19, 1997 as amended and restated as of December 18, 1997./*/ 33. Governance Agreement among HSN, Inc., Universal Studios, Inc., Liberty Media Corporation and Barry Diller, dated as of October 19, 1997./*/ 34. Stockholders Agreement among Universal Studios, Inc., Liberty Media Corporation, Barry Diller, HSN, Inc. and The Seagram Company Ltd. dated as of October 19, 1997./*/ 35. Spinoff Agreement among Liberty Media Corporation, Universal Studios, Inc. and HSN, Inc. dated as of October 19, 1997./*/ 36. Exchange Agreement among HSN, Inc., Universal Studios, Inc. and Liberty Media Corporation, dated as of October 19, 1997./*/ 37. Amended and Restated LLC Operating Agreement of USANi LLC, by and among USA Networks, Inc., Home Shopping Network, Inc., Universal Studios, Inc., Liberty Media Corporation and Barry Diller, dated as of February 12, 1998./*/ 38. Letter Agreement between Liberty HSN, Inc. and HSN, Inc., dated as of October 19, 1997./*/ 39. Fourth Amended and Restated Joint Filing Agreement between Tele-Communications, Inc., Universal Studios, Inc., The Seagram Company Ltd. and Barry Diller, dated as of February 23, 1998./*/ 40. Certificate of Incorporation of BDTV IV INC./*/ 17 of 23 41. Fifth Amended and Restated Joint Filing Agreement by and among Tele-Communications, Inc., Liberty Media Corporation, Barry Diller, Universal Studios, Inc., The Seagram Company Ltd., BDTV INC., BDTV II INC., BDTV III INC. and BDTV IV INC, dated as of July 19, 1999./*/ 42. Sixth Amended and Restated Joint Filing Agreement by and among Liberty Media Corporation, Barry Diller, Universal Studios, Inc., The Seagram Company Ltd., Vivendi Universal, BDTV INC., BDTV II INC., BDTV III INC. and BDTV IV INC. dated as of June 22, 2001. /*/ 43. Letter Agreement, dated July 15, 2001, by and among USA Networks, Inc., Barry Diller, Universal Studios, Inc. and Liberty Media Corporation./*/ 44. Amended and Restated Transaction Agreement, dated as of December 16, 2001, by and among Vivendi Universal, S.A., Universal Studios, Inc., USA Networks, Inc., USANi LLC, Liberty Media Corporation and Barry Diller./*/ 45. Agreement and Plan of Merger and Exchange, dated as of December 16, 2001, by and among Vivendi Universal, S.A., Universal Studios, Inc., Light France Acquisition 1, S.A.S., the Merger Subsidiaries listed on the signature page thereto, Liberty Media Corporation, Liberty Programming Company LLC, Liberty Programming France, Inc., LMC USA VI, Inc., LMC USA VII, Inc., LMC USA VIII, Inc., LMC USA X, Inc., Liberty HSN LLC Holdings, Inc., and the Liberty Holding entities listed on the signature page thereto./*/ 46. Amended and Restated Governance Agreement, dated as of December 16, 2001, by and among USA Networks, Inc., Universal Studios, Inc., Liberty Media Corporation, Barry Diller, and Vivendi Universal, S.A./*/ 47. Amended and Restated Stockholders Agreement, dated as of December 16, 2001, by and among Universal Studios, Inc., Liberty Media Corporation and Barry Diller./*/ 48. Amended and Restated Limited Liability Limited Partnership Agreement of Vivendi Universal Entertainment LLLP, dated as of May 7, 2002, by and among USI Entertainment Inc., USANI Holdings XX, Inc., Universal Pictures International Holdings BV, Universal Pictures International Holdings 2 BV, NYCSpirit Corp. II, USA Networks, Inc., USANI Sub LLC, New-U Studios Holdings, Inc. and Mr. Diller (including the Amendment No. 1 thereto dated as of November 25, 2002)./**/ 49. Equity Warrant Agreement, dated as of May 7, 2002, between USA Networks, Inc. and The Bank of New York, as equity warrant agent./*/ 50. Exchange Agreement by and among the Company, Liberty Media Corporation, Liberty HSN II, Inc. and Liberty HSN, Inc., dated as of June 27, 2002./*/ 51. Purchase Agreement, dated as of February 12, 2003, between Deutsche Bank AG and Vivendi Universal, S.A. 52. Lock-Up Agreement, dated as of February 12, 2003, between Vivendi Universal, S.A. and Deutsche Bank Securities Inc. /*/ Previously filed. /**/ Exhibit 48 which was previously filed is hereby supplemented by Amendment No. 1 to the Amended and Restated Limited Liability Limited Partnership Agreement of Vivendi Universal Entertainment LLLP, dated as of May 7, 2002, by and among USI Entertainment Inc., USANI Holdings XX, Inc., Universal Pictures International Holdings BV, Universal Pictures International Holdings 2 BV, NYCSpirit Corp. II, USA Networks, Inc., USANI Sub LLC, New-U Studios Holdings, Inc. and Mr. Diller. 18 of 23 Schedule 1 of the Schedule 13D is hereby amended to read in its entirety as follows: SCHEDULE 1 DIRECTORS AND EXECUTIVE OFFICERS OF UNIVERSAL AND VIVENDI UNIVERSAL CANADA INC. (formerly The Seagram Company Ltd.) 1. Set forth below is the name, business address, principal occupation or employment and citizenship of each director and executive officer of Universal. The name of each person who is a director of Universal is marked with an asterisk. Unless otherwise indicated, the business address of each person listed below is 100 Universal City Plaza, Universal City, California 91608. Principal Occupation or Name and Business Address Employment and Business Address Citizenship ------------------------- ------------------------------- ----------- RON MEYER* President and Chief Operating Officer United States of Universal KAREN RANDALL* Executive Vice President and General United States Counsel of Universal KENNETH L. KAHRS* Executive Vice President, Human Resources United States of Universal FREDERICK HUNTSBERRY* Executive Vice President and Chief United States Financial Officer of Universal YASUO NAKAMURA* President, Matsushita Media & Entertainment Japan Business Development Unit DIANA SCHULZ* Senior Vice President of Universal United States SUSAN N. FLEISHMAN Senior Vice President, Corporate United States Communications and Public Affairs MARK A. WOOSTER Senior Vice President of Universal United States MAREN CHRISTENSEN Senior Vice President of Universal United States WILLIAM APOSTOLIDES Vice President of Universal United States KEVIN CONWAY Vice President of Universal United States H. STEPHEN GORDON Vice President of Universal United States DAVID H. MEYERS Vice President and Assistant Controller United States of Universal MARC PALOTAY Vice President of Universal United States TERRY A. REAGAN Vice President and Controller of Universal United States RICK SMITH Vice President, Global Strategic Sourcing United States of Universal RONALD F. REED Treasurer of Universal United States SHARON S. GARCIA Secretary of Universal United States 19 of 23 2. Set forth below is the name, business address, principal occupation or employment and citizenship of each director and executive officer of Vivendi Universal Canada Inc. (formerly The Seagram Company Ltd., effective February 28, 2002). The name of each person who is a director of Vivendi Universal Canada Inc. is marked with an asterisk. Unless otherwise indicated, the business address of each person listed below is 375 Park Avenue, New York, New York 10152. Principal Occupation or Name and Business Address Employment and Business Address Citizenship ------------------------- ------------------------------- ----------- ALAN BELL* Partner, Blake Cassels & Graydon, LLP Canada Blake Cassels & Graydon, LLP Commerce Court West-CIBC Building 199 Bay Street Toronto, Ontario M5L 1A9 GEORGE E. BUSHNELL III* Vice President, Vivendi Universal United States Vivendi Universal 800 Third Avenue New York, NY 10022 JEAN-FRANCOIS DUBOS* Executive Vice President and General France Vivendi Universal S.A. Counsel, Vivendi Universal 42, avenue de Friedland 75380 Paris Cedex 08, FRANCE JACQUES ESPINASSE* Senior Executive Vice President and Chief France Vivendi Universal S.A. Financial Officer, Vivendi Universal 42, avenue de Friedland 75380 Paris Cedex 08, FRANCE CRAIG THORBURN* Partner, Blake Cassels & Graydon, LLP Canada Blake Cassels & Graydon, LLP Commerce Court West-CIBC Building 199 Bay Street Toronto, Ontario M5L 1A9 FREDERIC CREPIN Vice President, Vivendi Universal France Vivendi Universal S.A. 42, avenue de Friedland 75380 Paris Cedex 08, FRANCE DANIEL J. LOSITO Vice President, Vivendi Universal United States Vivendi Universal 800 Third Avenue New York, NY 10022 WILLIAM PODURGIEL Director Foreign Taxes, Vivendi Universal United States Vivendi Universal 800 Third Avenue New York, NY 10022 PIERRE-HENRY GALAN Assistant Treasurer, Vivendi Universal France RONALD REED Assistant Treasurer, Vivendi Universal United States NICOLE LINDA KELSEY Assistant Corporate Counsel, United States Vivendi Universal DEBRA FORD Manager, Corporate Transactions, United States Vivendi Universal Vivendi Universal 800 Third Avenue New York, NY 10022 GRAHAM HENDERSON Senior Vice President, Business Affairs and Canada e-Commerce of Universal Music Group 20 of 23 Schedule 3 of the Schedule 13D is hereby amended to read in its entirety as follows: SCHEDULE 3 DIRECTORS AND EXECUTIVE OFFICERS OF LIBERTY MEDIA CORPORATION The name and present principal occupation of each director and executive officer of Liberty Media Corporation are set forth below. Unless otherwise noted, the business address for each person listed below is c/o Liberty Media Corporation, 12300 Liberty Boulevard, Englewood, Colorado 80112. To the knowledge of Liberty Media Corporation, all executive officers and directors listed on this Schedule 3 are United States citizens, except for David J.A. Flowers, who is a Canadian citizen. Name and Business Address Principal Occupation and Principal Business (if applicable) (if applicable) ----------------------------------------------------------- --------------- JOHN C. MALONE Chairman of the Board and Director of Liberty ROBERT R. BENNETT President, Chief Executive Officer and Director of Liberty DONNE F. FISHER Director of Liberty; President of Fisher Capital Partners, Ltd. 9781 Meridian Blvd., #200 Englewood, Colorado 80112 PAUL A. GOULD Director of Liberty; Managing Director of Allen & Company Incorporated 711 5th Avenue, 8th Floor New York, New York 10022 GARY S. HOWARD Executive Vice President, Chief Operating Officer and Director of Liberty JEROME H. KERN Director of Liberty; Consultant, Kern Consulting LLC 4600 S. Syracuse St. Denver, Colorado 80237 KIM MAGNESS Director of Liberty DAVID E. RAPLEY Director of Liberty LARRY E. ROMRELL Director of Liberty DAVID J.A. FLOWERS Senior Vice President and Treasurer of Liberty ELIZABETH M. MARKOWSKI Senior Vice President of Liberty ALBERT E. ROSENTHALER Senior Vice President of Liberty CHRISTOPHER W. SHEAN Senior Vice President and Controller of Liberty CHARLES Y. TANABE Senior Vice President, General Counsel and Secretary of Liberty 21 of 23 Schedule 5 of the Schedule 13D is hereby amended to read in its entirety as follows: SCHEDULE 5 DIRECTORS AND EXECUTIVE OFFICERS OF VIVENDI UNIVERSAL, S.A. Set forth below is the name, business address, principal occupation or employment and citizenship of each director and executive officer of Vivendi Universal. The name of each person who is a director of Vivendi Universal, S.A. is marked with an asterisk. Unless otherwise indicated, the business address of each person listed below is 42, Avenue de Friedland, 75380 Paris Cedex 08, France. Principal Occupation or Name and Business Address Employment and Business Address Citizenship ------------------------ ------------------------------- ----------- JEAN-RENE FOURTOU* Chairman and CEO of Vivendi Universal France CLAUDE BEBEAR* Chairman of the Supervisory Board of AXA France 25, avenue Matignon 75008 Paris, France GERARD BREMOND* Chairman and CEO of Pierre & Vacances Group France L'artois Pont de Flandre 11 rue de Cambrai 75947 Paris Cedex 19 France EDGAR BRONFMAN, JR.* Vice Chairman of the Board United States of Vivendi Universal EDGAR M. BRONFMAN* Member of the Board of Directors of Vivendi United States Universal BERTRAND COLLOMB* Chairman and CEO of Lafarge France 61 rue des Belles Feuilles 75116 Paris France FERNANDO FALCO y President of Real Automovil Club de Espana Spain FERNANDEZ DE CORDOVA* Fortuny 17-5 A 28020 Madrid Spain PAUL FRIBOURG* Chairman and CEO of ContiGroup Companies United States 277 Park Avenue - 50th fl. New York, NY 10172 DOMINIQUE HOENN* Chief Operating Officer of BNP Paribas France 3, rue d'Antin 75002 Paris, France GERARD KLEISTERLEE* Chairman and CEO of Royal Philips The Netherlands Electronics P.O. Box 77900 Building HBT 14 1070 Amsterdam, The Netherlands MARIE-JOSEE KRAVIS* Senior Fellow, Hudson Institute Inc. United States 625 Park Avenue New York, NY 10021 HENRI LACHMANN* Chairman and CEO of Schneider Electric France 43-45, Bd Franklin Roosevelt 92500 Rueil-Malmaison, France JEAN-BERNARD LEVY Chief Operating Officer, Vivendi Universal France JACQUES ESPINASSE Senior Executive Vice President and Chief France 22 of 23 Financial Officer, Vivendi Universal ANDREW J. KASLOW Senior Executive Vice President, Human United States Resources, Vivendi Universal ROBERT DE METZ Senior Executive Vice President, France Divestitures, Mergers and Acquisitions, Vivendi Universal. MICHEL BOURGEOIS Executive Vice President, Corporate France Communications, Vivendi Universal HUBERT JOLY Executive Vice President, Monitoring of US France Assets, Vivendi Universal RENE PENISSON Adviser Social Relations and Organization, France Vivendi Universal JEAN-FRANCOIS DUBOS Executive Vice President and General France Counsel, Vivendi Universal 23 of 23