SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE TO-I/A
(Amendment No. 2)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
ADC TELECOMMUNICATIONS, INC.
(Name of Subject CompanyIssuer)
ADC TELECOMMUNICATIONS, INC.
(Name of Filing PersonsOfferor)
OPTIONS TO PURCHASE COMMON STOCK, PAR VALUE $.20 PER SHARE
(Title of Class of Securities)
000886 10 1
(CUSIP Number of Class of Securities)
(Underlying Common Stock)
JEFFREY D. PFLAUM
VICE PRESIDENT, CHIEF LEGAL OFFICER AND CORPORATE SECRETARY
ADC TELECOMMUNICATIONS, INC.
13625 TECHNOLOGY DRIVE
EDEN PRAIRIE, MINNESOTA 55344-2252
(952) 938-8080
(Name, address and telephone numbers of person authorized to
receive notices and communications on behalf of filing persons)
WITH A COPY TO:
JAY L. SWANSON DORSEY & WHITNEY LLP
50 SOUTH SIXTH STREET
MINNEAPOLIS, MINNESOTA 55402
(612) 340-2600
CALCULATION OF FILING FEE
Transaction Valuation* |
Amount of Filing Fee |
|
---|---|---|
$33,358,000 | $3,069 | |
Amount
Previously Paid: $3,069
Form or Registration No.: TO-I
Filing Party: ADC Telecommunications, Inc.
Date Filed: June 2, 2003
Check the appropriate boxes below to designate any transactions to which the statement relates:
Check the following box if the filing is a final amendment reporting the results of the tender offer: ý
This final Amendment No. 2 amends and supplements the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission on June 2, 2003 by ADC Telecommunications, Inc. (the "Company"), as amended and supplemented by Amendment No. 1 to the Tender Offer Statement on Schedule TO/A filed on June 27, 2003, relating to our offer to exchange outstanding options to purchase shares of our common stock held by eligible employees for a designated number of new options to be granted under the ADC Telecommunications, Inc. Global Stock Incentive Plan.
The offer expired at 11:59 p.m. Central Time on June 27, 2003. The Company has accepted and canceled all eligible options that were properly submitted for exchange.
ITEM 4. TERMS OF THE TRANSACTION
Item 4 of the Schedule TO is hereby supplemented as follows:
The offer under the ADC Telecommunications, Inc. Offer to Exchange expired at 11:59 p.m. Central Time on June 27, 2003. Of the approximately 3,136 employees who were eligible to participate, approximately 1,815 participated. Of the 45,086,569 options eligible to be tendered in the offer, the Company has accepted for cancellation options to purchase 27,766,074 shares of its common stock. Upon the terms and subject to the conditions of the offer, we expect to grant options to purchase an aggregate of 11,605,217 shares of our common stock in exchange for such tendered options on or about December 29, 2003 (the first business day at least six months and one day from the expiration of the offer). The new options will be issued with a grant, or exercise price, equal to the average of the high and low trading price of the Company's common stock on the NASDAQ Stock Market on the date of the grant of the new options (subject to the terms and conditions of the offer).
After due 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.
Date: July 17, 2003 | ADC TELECOMMUNICATIONS, INC. | |
/s/ RICHARD R. ROSCITT Richard R. Roscitt Chairman of the Board, President and Chief Executive Officer |