424B3 1 a2032986z424b3.txt 424B3 PROSPECTUS SUPPLEMENT NO. 2 (To Prospectus dated November 24, 2000) [INTERNATIONAL RECTIFIER LOGO] INTERNATIONAL RECTIFIER CORPORATION $550,000,000 4 1/4% CONVERTIBLE SUBORDINATED NOTES DUE 2007 AND 7,438,967 SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OF THE NOTES This prospectus supplement relates to the resale by holders of our 4 1/4% Convertible Subordinated Notes Due 2007 and shares of common stock issuable upon the conversion of the notes. This prospectus supplement may only be delivered or used in connection with our prospectus dated November 24, 2000. Our common stock is listed on The New York Stock Exchange and the Pacific Exchange under the symbol "IRF." NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS SUPPLEMENT OR THE RELATED PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. PROSPECTUS SUPPLEMENT DATED DECEMBER 12, 2000 The information appearing in the following table supplements or supersedes in part the information in the table under the heading "Selling Holders" in our prospectus and was provided by or on behalf of the selling holders.
COMMON STOCK BENEFICIALLY OWNED AFTER PRINCIPAL AMOUNT OF COMMON STOCK OFFERING NOTES BENEFICIALLY BENEFICIALLY OWNED COMMON STOCK ------------------- NAME AND ADDRESS OWNED AND OFFERED BEFORE OFFERING OFFERED(1) AMOUNT % ---------------- ------------------- ------------------ -------------- -------- -------- 1976 Distribution Trust FBO A.R. Lauder / Zinterhoffer............... $ 15,000 0 203 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 1976 Distribution Trust FBO Jene A. Lauder........................... $ 18,000 0 243 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 American Motorist Insurance Company.................................. $ 579,000 0 7,831 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Acepehoe County Colorado................... $ 70,000 0 947 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Bank Austria Cayman Island, Ltd............ $ 4,640,000 0 62,758 0 * 666 Third Ave., 26th Floor New York, NY 10017 British Virgin Island Social Security Board........................... $ 37,000 0 500 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 CIBC World Markets......................... $ 12,695,000 0 171,705 0 * 1 World Financial Center 200 Liberty St., 8th Floor New York, NY 10281 City University of New York................ $ 170,000 0 2,299 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Continental Assurance Company Separate Account (E).............................. $ 4,680,000 0 63,299 0 * CNA Plaza 23 South Chicago, IL 60685 Goldman Sachs and Company.................. $ 925,000 0 12,511 0 * 180 Maiden Lane, 41st Floor New York, NY 10038 Grady Hospital Foundation.................. $ 110,000 0 1,488 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Greble Foundation, The Advent Capital Management................ $ 99,000 0 1,339 0 * 30 Broad Street, 30th Floor New York, NY 10004
S-2
COMMON STOCK BENEFICIALLY OWNED AFTER PRINCIPAL AMOUNT OF COMMON STOCK OFFERING NOTES BENEFICIALLY BENEFICIALLY OWNED COMMON STOCK ------------------- NAME AND ADDRESS OWNED AND OFFERED BEFORE OFFERING OFFERED(1) AMOUNT % ---------------- ------------------- ------------------ -------------- -------- -------- Independence Blue Cross.................... $ 169,000 0 2,286 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Merrill Lynch Insurance Group.............. $ 252,000 0 3,408 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Nabisco Holdings........................... $ 30,000 0 406 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 New Orleans Firefighters Pension / Relief Fund.................... $ 113,000 0 1,528 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Occidental Petroleum....................... $ 196,000 0 2,651 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Ohio Bureau of Workers Compensation............................. $ 218,000 0 2,949 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Oppenheimer Convertible Securities Fund.... $ 6,000,000 0 82,152 0 * 2 World Trade Center 34th Floor New York, NY 10023 Prime Convertible Fund Ltd................. $ 500,000 0 6,763 0 * PrimeCorp Investment Management Limited 83 Pall Mall London SWIY 5ES Raytheon Master Pension Trust.............. $ 447,000 0 6,046 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 RJR Reynolds............................... $ 97,000 0 1,312 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Shell Pension Trust........................ $ 313,000 0 4,233 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 State of Maryland Retirement System................................... $ 2,646,000 0 35,788 0 * Advent Capital Management 30 Broad Street, 30th Floor New York, NY 10004 Any other holder of notes or future transferee, pledgee, donee or successor of any holder (2)(3)........ $ 98,357,000 0 1,330,318 0 *
------------------------------ * Less than 1%. S-3 (1) Assumes conversion of all the holder's notes at a conversion price of $73.935 per share of common stock and resale of all shares of common stock offered hereby. (2) Information about other selling security holders will be set forth in prospectus supplements, if required. (3) Assumes that any other holders of notes, or any future transferees, pledgees, donees or successors of or from any such other holders of notes, do not beneficially own any common stock other than the common stock issuable upon conversion of the notes at the initial conversion rate. Information concerning the selling holders may change from time to time and any changed information will be set forth in supplements or amendments to the prospectus if necessary. In addition, the per share conversion price, and therefore the number of shares of common stock issuable upon conversion of the notes, is subject to adjustment. As a result, the aggregate principal amount of the notes and the number of shares of common stock into which the notes are convertible may increase or decrease. S-4