-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AkPyn9hY5LqwW3XvNPvI+q4zGuRujDHkU6s8U6V4hInLlWzpu4FYupwyOp7TwkPM n74uyh6X9M+mSjM/aeMtDQ== 0000950123-03-007183.txt : 20030618 0000950123-03-007183.hdr.sgml : 20030618 20030618135304 ACCESSION NUMBER: 0000950123-03-007183 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030618 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOUBLECLICK INC CENTRAL INDEX KEY: 0001049480 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 133870996 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23709 FILM NUMBER: 03748533 BUSINESS ADDRESS: STREET 1: 450 W 33RD ST STREET 2: 16TH FL CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 2126830001 MAIL ADDRESS: STREET 1: 450 W 33RD ST STREET 2: 16TH FL CITY: NEW YORK STATE: NY ZIP: 10001 8-K 1 y87613e8vk.txt DOUBLECLICK INC. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): June 18, 2003 (June 18, 2003) ------------- DOUBLECLICK INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE (STATE OR OTHER JURISDICTION OF INCORPORATION) 000-23709 13-3870996 (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.) 450 WEST 33RD STREET NEW YORK, NEW YORK 10001 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (212) 683-0001 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) N.A. (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) ------------------------------------------------- Item 5. Other Events and Regulation FD Disclosure. On June 18, 2003, DoubleClick Inc. issued a press release to announce the pricing of an aggregate of $135 million of Zero Coupon Convertible Subordinated Notes due 2023, to be sold pursuant to Rule 144A under the Securities Act of 1933, as amended, and Regulation S thereunder (plus an option for up to an additional $20.25 million aggregate principal amount of Zero Coupon Convertible Subordinated Notes due 2023). The notes are being sold at 100% of their principal amount. The notes are convertible under certain circumstances into DoubleClick common stock at a conversion price of approximatley $13.12 per share, subject to adjustment. A copy of the press release is attached as Exhibit 99.1 hereto. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits - -------------- 99.1 Press Release dated June 18, 2003 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DOUBLECLICK INC. ---------------------------------------- (Registrant) By: /s/ Bruce Dalziel ----------------------------------- Name: Bruce Dalziel Title: Chief Financial Officer Dated: June 18, 2003 EXHIBIT EXHIBIT INDEX - ------- ------------- 99.1 Press Release dated June 18, 2003 EX-99.1 3 y87613exv99w1.txt PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: Jennifer Blum 212.381.5705 jblum@doubleclick.net DOUBLECLICK INC. PRICES $135 MILLION OF ZERO COUPON CONVERTIBLE SUBORDINATED NOTES DUE 2023 NEW YORK, NY, June 18, 2003 -- DoubleClick Inc. (Nasdaq: DCLK) today announced the pricing of $135 million aggregate principal amount of Zero Coupon Convertible Subordinated Notes due 2023, which are being issued in a private offering. The Notes are being sold at 100 percent of their principal amount. The sale of the Notes is expected to close on June 23, 2003, subject to customary closing conditions. The initial purchasers have an option to purchase up to an additional $20.25 million in aggregate principal amount of the Notes. The Notes will be the Company's general unsecured obligations and will be subordinated in right of payment to all of its existing and future senior debt. The Company may not redeem the Notes for five years. DoubleClick Inc. is using the net proceeds, together with existing cash to the extent necessary, to redeem its 4.75% Convertible Subordinated Notes due 2006. The Notes will not bear interest and have a zero yield to maturity. Each $1,000 principal amount of the Notes will be convertible under certain circumstances into 76.2311 shares of DoubleClick common stock. Therefore, the Notes are convertible in the aggregate into approximately 10.3 million shares of common stock or approximately 11.8 million shares of common stock if the initial purchasers exercise their option to purchase additional Notes. The conversion rate is equivalent to a conversion price of approximately $13.12 per share, subject to adjustment. This represents a 40 percent conversion premium based on the closing sale price of $9.37 of DoubleClick Inc. common stock on June 17, 2003. The Notes have been offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, and outside the United States pursuant to Regulation S of the Securities Act. The Notes and the shares of common stock of DoubleClick Inc. issuable upon the conversion of the Notes have not been registered under the Securities Act and may not be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful. About DoubleClick Inc. DoubleClick Inc. has global headquarters in New York City and maintains 21 offices around the world. ### -----END PRIVACY-ENHANCED MESSAGE-----