1 ----------------------------- OMB APPROVAL ----------------------------- OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per response.... 14.90 ----------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ______)* Extensity, Inc. ---------------- (Name of Issuer) Common Stock, par value $0.001 ------------------------------ (Title of Class of Securities) 302255104 -------------- (CUSIP Number) ------------------------------------------------------- (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. 2 ------------------- ----------------------- CUSIP NO. 302255104 13G PAGE 2 OF 7 PAGES ------------------- ----------------------- --------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY) Sharam I. Sasson --------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) --------- --------------------------------------------------------------------- 3 SEC USE ONLY --------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA ------------------------ --- -------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 1,577,000(1) BENEFICIALLY --- -------------------------------------------------- 6 SHARED VOTING POWER OWNED BY EACH --- -------------------------------------------------- 7 SOLE DISPOSITIVE POWER REPORTING 1,577,000(1) PERSON --- -------------------------------------------------- 8 SHARED DISPOSITIVE POWER WITH: --------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,577,000(1) --------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* --------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.5% --------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN --------- --------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 ------------------- ----------------------- CUSIP NO. 302255104 13G PAGE 3 OF 7 PAGES ------------------- ----------------------- ITEM 1. (a) Name of Issuer Extensity, Inc. (b) Address of Issuer's Principal Executive Offices 2200 Powell Street Suite 300 Emeryville, CA 94608 ITEM 2. (a) Name of Person Filing Sharam I. Sasson Sasson Family Trust U/D/T 12/28/94 ("Family Trust") Fariba J. Sasson Annuity Trust IU/I 10/19/99 ("Annuity Trust") Sharam I. Sasson Annuity Trust IU/T 10/19/99 ("Sasson Trust") DAS Trust UTA 9/24/98 ("DAS Trust") EIS Trust UTA 9/24/98 ("EIS Trust") (b) Address of Principal Business Office or, if none, Residence 2200 Powell Street Suite 300 Emeryville, CA 94608 (c) Citizenship Sharam I. Sasson USA Family Trust CA Annuity Trust CA Sasson Trust CA DAS Trust CA EIS Trust CA (d) Title of Class of Securities Common Stock (e) CUSIP Number 302255104 ITEM 3. 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: Sharam I. Sasson 1,577,000(1) Family Trust 1,106,378 Annuity Trust 225,311 Sasson Trust 225,311 DAS Trust 10,000 EIS Trust 10,000 4 ------------------- ----------------------- CUSIP NO. 302255104 13G PAGE 4 OF 7 PAGES ------------------- ----------------------- (b) Percent of Class: Sharam I. Sasson 6.5% Family Trust 4.6% Annuity Trust 0.9% Sasson Trust 0.9% DAS Trust 0.04% EIS Trust 0.04% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: Sharam I. Sasson 1,577,000(1) Family Trust 1,106,378 Annuity Trust 225,311 Sasson Trust 225,311 DAS Trust 10,000 EIS Trust 10,000 (ii) Shared power to vote or to direct the vote: Sharam I. Sasson 0 Family Trust 0 Annuity Trust 0 Sasson Trust 0 DAS Trust 0 EIS Trust 0 (iii) Sole power to dispose or to direct the disposition of: Sharam I. Sasson 1,577,000(1) Family Trust 1,106,378 Annuity Trust 225,311 Sasson Trust 225,311 DAS Trust 10,000 EIS Trust 10,000 (iv) Shared power to dispose or to direct the disposition of: Sharam I. Sasson 0 Family Trust 0 Annuity Trust 0 Sasson Trust 0 DAS Trust 0 EIS Trust 0 (1) Includes 1,106,378 shares held by the Family Trust; 225,311 shares held by the Annuity Trust; 225,311 shares held by the Sasson Trust; 10,000 shares held by the DAS Trust; and 10,000 shares held by EIS Trust. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not Applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON 5 ------------------- ----------------------- CUSIP NO. 302255104 13G PAGE 5 OF 7 PAGES ------------------- ----------------------- 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 Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF A GROUP Not Applicable. ITEM 10. CERTIFICATION Not Applicable. 6 ------------------- ----------------------- CUSIP NO. 302255104 13G PAGE 6 OF 7 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. February 9, 2001 ------------------------------------ Date /s/ Sharam I. Sasson ------------------------------------ Signature ------------------------------------ Name/Title ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001) 7 ------------------- ----------------------- CUSIP NO. 302255104 13G PAGE 7 OF 7 PAGES ------------------- ----------------------- EXHIBIT A JOINT FILING STATEMENT Pursuant to Rule 13d-1(k)(1), we, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us. Date: February 9, 2001 Sharam I. Sasson /s/ Sharam I. Sasson ------------------------------------ Sharam I. Sasson Sharam I. Sasson, Trustee of the Sasson Family Trust U/D/T 12/28/94 /s/ Sharam I. Sasson ------------------------------------ Sharam I. Sasson, Trustee Sharam I. Sasson, Trustee of the Fariba J. Sasson Annuity Trust IU/I 10/19/99 /s/ Sharam I. Sasson ------------------------------------ Sharam I. Sasson, Trustee Sharam I. Sasson, Trustee of the Sharam I. Sasson Annuity Trust IU/T 10/19/99 /s/ Sharam I. Sasson ------------------------------------ Sharam I. Sasson, Trustee Sharam I. Sasson, Trustee of the DAS Trust UTA 9/24/98 /s/ Sharam I. Sasson ------------------------------------ Sharam I. Sasson, Trustee Sharam I. Sasson, Trustee of the EIS Trust UTA 9/24/98 /s/ Sharam I. Sasson ------------------------------------ Sharam I. Sasson, Trustee