-----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, GoAOyldZgP9l+DGh1IyCm7ZCtFmaySeacsE0+YfrWuJLtq+I4SFDXGRi92RUrivE XRvDCKaUMjg+7JkYcKS04g== 0001193125-04-073499.txt : 20040429 0001193125-04-073499.hdr.sgml : 20040429 20040429122259 ACCESSION NUMBER: 0001193125-04-073499 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KEANE INC CENTRAL INDEX KEY: 0000054883 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 042437166 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-108626 FILM NUMBER: 04763517 BUSINESS ADDRESS: STREET 1: TEN CITY SQ CITY: BOSTON STATE: MA ZIP: 02129 BUSINESS PHONE: 6172419200 MAIL ADDRESS: STREET 1: TEN CITY SQ CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: KEANE ASSOCIATES INC DATE OF NAME CHANGE: 19800826 424B3 1 d424b3.htm PROSPECTUS SUPPLEMENT NO 4 PROSPECTUS SUPPLEMENT NO 4

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-108626

 

PROSPECTUS SUPPLEMENT NO. 4

(To Prospectus dated December 12, 2003,

as supplemented by Prospectus Supplement No. 1 dated February 2, 2004,

Prospectus Supplement No. 2 dated February 20, 2004 and Prospectus Supplement No. 3 dated March 23, 2004)

 

This prospectus supplement supplements the prospectus dated December 12, 2003, as supplemented by prospectus supplement No. 1 dated February 2, 2004, prospectus supplement No. 2 dated February 20, 2004 and Prospectus Supplement No. 3 dated March 23, 2004, of Keane, Inc. relating to the resale from time to time by selling securityholders of our 2% Convertible Subordinated Debentures due 2013 held by certain securityholders and the shares of our common stock issuable upon conversion of the debentures. This prospectus supplement should be read in conjunction with the prospectus, which is required to be delivered with this prospectus supplement. This prospectus supplement is qualified by reference to the prospectus, except to the extent that the information provided by this prospectus supplement supersedes the information contained in the prospectus.

 

The securities offered in the prospectus involve a high degree of risk. You should carefully consider the “Risk Factors” referenced on page 6 of the prospectus in determining whether to purchase our 2% Convertible Subordinated Debentures due 2013 or the common stock issuable upon conversion of the debentures.

 


 

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. Any representation to the contrary is a criminal offense.

 


 

The seventh paragraph of the section of the prospectus entitled “Plan of Distribution” on page 46 of the prospectus is amended and restated in its entirety to read as follows:

 

Arbitex Master Fund, L.P., Conseco Fund Group – Convertible Securities Fund, DBAG London, Highbridge International LLC, Lyxor/Context Fund LTD, Lyxor Master Fund, Mellon HBV Master Convertible Arbitrage Fund LP, Mellon HBV Master Multi-Strategy Fund LP, Mint Master Fund LP, National Bank of Canada, Pacific Life Insurance Company, Royal Bank of Canada (Norshield) and Wachovia Bank National Association are affiliates of registered broker-dealers and each of these selling securityholders has informed us that (1) such selling securityholder purchased its debentures in the ordinary course of business and (2) at the time the debentures were purchased, the selling securityholder had no agreements, understandings or arrangements, directly or indirectly, with any person to distribute the debentures or the shares of our common stock issuable upon conversion of the debentures.

 


The sections of the prospectus entitled “Selling Securityholders” and “Voting/Investment Control Table” on pages 15–18 of the prospectus are amended and restated in their entirety to read as follows:

 

SELLING SECURITYHOLDERS

 

We issued the debentures covered by this prospectus in a private placement on June 18, 2003 and June 23, 2003. The debentures were resold by the initial purchasers to qualified institutional buyers under Rule 144A under the Securities Act. Selling securityholders, including their transferees, pledges, donees or their successors, may offer and sell the debentures and shares of our common stock issuable upon conversion of the debentures pursuant to this prospectus.

 

The following table sets forth information with respect to the selling securityholders and the principal amount of debentures and shares of our common stock issuable upon conversion of the debentures beneficially owned by each selling securityholder that may be offered pursuant to this prospectus. The information is based on information provided by or on behalf of the following selling securityholders to us in a questionnaire and related addendum and is as of the date specified by the securityholders in those questionnaires and addenda.

 

Name of Securityholder


   Principal
Amount of
Debentures
Beneficially
Owned That
May Be Sold


   Shares of
Keane
Common
Stock
Beneficially
Owned Upon
Conversion of
the Debentures
(1)


   Debentures
Owned After
Completion of
the Offering
(2)


   Shares of
Keane
Common Stock
Owned After
Completion of
the Offering
(2)


Clinton Riverside Convertible Portfolio Limited

   $ 14,820,000    807,674    0    0

Wachovia Bank National Association

     14,000,000    762,985    0    0

DBAG London

     12,300,000    670,336    0    0

The Drake Offshore Master Fund, Ltd.

     10,000,000    544,989    0    0

Highbridge International LLC

     10,000,000    544,989    0    0

Teachers Insurance and Annuity Association of America

     9,550,000    520,464    0    0

BBT Fund, L.P.

     9,200,000    501,390    0    0

Arbitex Master Fund, L.P

     7,500,000    408,742    0    0

Waterstone Market Neutral Offshore Fund, Ltd.

     5,685,000    309,826    0    0

Zazove Convertible Arbitrage Fund L.P.

     4,750,000    258,870    0    0

Clinton Multistrategy Master Fund, Ltd.

     4,680,000    255,055    0    0

Zazove Hedged Convertible Fund L.P.

     4,150,000    226,178    0    0

Zazove Income Fund L.P.

     3,500,000    190,746    0    0

Northern Income Equity Fund

     3,000,000    163,497    0    0

The Dow Chemical Company Employees’ Retirement Plan

     2,800,000    152,597    0    0

Salomon Brothers Asset Management, Inc.

     2,750,000    149,872    0    0

Context Convertible Arbitrage Offshore, LTD

     2,615,000    142,515    0    0

Quest Global Convertible Master Fund, Ltd.

     2,400,000    130,797    0    0

Boilermaker – Blacksmith Pension Trust

     2,350,000    128,072    0    0

Concentrated Alpha Partners, L.P.

     2,300,000    125,347    0    0

Delta Airlines Master Trust.

     2,300,000    125,347    0    0

Zurich Institutional Benchmarks Master Fund LTD

     1,800,000    98,098    0    0

CNH CA Master Account, L.P.

     1,750,000    95,373    0    0

 

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Mellon HBV Master Convertible Arbitrage Fund LP

   1,750,000    95,373    0    0

San Diego County Employee Retirement Association

   1,500,000    81,748    0    0

Union Carbide Retirement Account

   1,350,000    73,574    0    0

Mellon HBV Master Multi-Strategy Fund LP

   888,000    47,959    0    0

Dorinco Reinsurance Company

   840,000    45,779    0    0

Waterstone Market Neutral Fund, LP

   815,000    44,417    0    0

Port Authority of Alleghany County Retirement and Disability Allowance Plan for the Employees Represented by Local 85 of the Almagamated Transit Union

   700,000    38,149    0    0

United Food and Commercial Workers Local 1262 and Employers Pension Fund

   670,000    36,514    0    0

HFR CA Select Fund

   600,000    32,699    0    0

Louisiana Workers’ Compensation Corporation

   560,000    30,519    0    0

Univar USA Inc. Retirement Plan

   520,000    28,339    0    0

Pacific Life Insurance Company

   500,000    27,249    0    0

Nisswa Master Fund Ltd.

   500,000    27,249    0    0

Context Convertible Arbitrage Fund, LP

   500,000    27,249    0    0

Lyxor/Quest Fund Ltd

   450,000    24,525    0    0

The California Wellness Foundation

   450,000    24,525    0    0

Delta Pilots Disability and Survivorship Trust

   450,000    24,525    0    0

KBC Financial Products USA Inc.

   450,000    24,525    0    0

Mint Master Fund LP

   375,000    20,437    0    0

City of Knoxville Pension System

   330,000    17,985    0    0

Macomb County Employees’ Retirement System

   320,000    17,440    0    0

National Bank of Canada

   300,000    16,350    0    0

Lyxor/Context Fund LTD

   300,000    16,350    0    0

Aventis Pension Master Fund

   280,000    15,260    0    0

Conseco Fund Group – Convertible Securities Fund

   250,000    13,625    0    0

Knoxville Utilities Board Retirement System

   225,000    12,262    0    0

SCI Endowment Care Common Trust Fund – National Fiduciary Services

   210,000    11,445    0    0

Royal Bank of Canada (Norshield)

   200,000    10,900    0    0

Lyxor Master Fund

   200,000    10,900    0    0

American AAdvantage Funds

   200,000    10,900    0    0

The Fondren Foundation

   160,000    8,720    0    0

Lighthouse Multi-Strategy Fund LP

   150,000    8,175    0    0

CEMEX Pension Plan

   140,000    7,630    0    0

SCI Endowment Care Common Trust Fund – Suntrust

   125,000    6,812    0    0

Univest Convertible Arbitrage Fund II LTD (Norshield)

   100,000    5,450    0    0

Sturgeon Limited

   95,000    5,177    0    0

Kettering Medical Center Funded Depreciation Account

   90,000    4,905    0    0

Cockrell Foundation

   75,000    4,087    0    0

SCI Endowment Care Common Trust Fund – First Union

   40,000    2,180    0    0

(1) Assumes conversion of all of the selling securityholders’ debentures at the maximum conversion rate of 54.4989 shares per debenture. However, the maximum conversion rate is subject to adjustment as described under “Description of the Debentures-Conversion Rate Adjustments.” As a result, the amount of common stock issuable upon conversion of the debentures may increase or decrease in the future.
(2) We do not know when or in what amounts a selling securityholder may offer debentures or shares of our common stock issuable upon conversion of the debentures for sale. The selling securityholders might not

 

S-3


sell any or all of the debentures or shares of our common stock issuable upon conversion of the debentures offered by this prospectus. Because the selling securityholders may offer all or some of the debentures or shares of our common stock issuable upon conversion of the debentures pursuant to this offering, and because there are currently no agreements, arrangements or understandings with respect to the sale of any of the debentures or shares of our common stock issuable upon conversion of the debentures, we cannot estimate the number of the debentures or shares of our common stock issuable upon conversion of the debenture that will be held by the selling securityholders after the completion of the offering. However, for purposes of this table, we have assumed that, after completion of the offering, none of the debentures or shares of our common stock issuable upon conversion of the debentures covered by this prospectus will be held by the selling securityholders.

 

None of the selling securityholders has held any position or office with, or has otherwise had a material relationship with,us or any of our subsidiaries within the past three years.

 

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VOTING/INVESTMENT CONTROL TABLE

 

Name of Securityholder


 

Natural person or persons with voting or dispositive power


Clinton Riverside Convertible Portfolio Limited

  Mike Vacca

Wachovia Bank National Association

  *

DBAG London

  Dan Azzi

The Drake Offshore Master Fund, Ltd.

  Darren Clipston, Anthony Faillace

Highbridge International LLC

  Glen Dubin, Henry Swieca

Teachers Insurance and Annuity Association of America

  *

BBT Fund, L.P.

  *

Arbitex Master Fund, L.P

  Clark K. Hunt, Jonathan Bren, Ken Tananbaum

Waterstone Market Neutral Offshore Fund, Ltd.

  *

Zazove Convertible Arbitrage Fund L.P.

  Gene T. Pretti

Clinton Multistrategy Master Fund, Ltd.

  Mike Vacca

Zazove Hedged Convertible Fund L.P.

  Gene T. Pretti

Zazove Income Fund L.P.

  Gene T. Pretti

Northern Income Equity Fund

  (1)

The Dow Chemical Company Employees’ Retirement Plan

  Nick Calamos

Salomon Brothers Asset Management, Inc.

  *

Context Convertible Arbitrage Offshore, LTD

  Michael Rosen, William Fertig

Quest Global Convertible Master Fund, Ltd.

  Frank Campana, James Doolin

Boilermaker – Blacksmith Pension Trust

  Nick Calamos

Concentrated Alpha Partners, L.P.

  *

Delta Airlines Master Trust.

  Nick Calamos

Zurich Institutional Benchmarks Master Fund LTD

  Gene T. Pretti

CNH CA Master Account, L.P.

  (2)

Mellon HBV Master Convertible Arbitrage Fund LP

  Stuart Dubson

San Diego County Employee Retirement Association

  Gene T. Pretti

Union Carbide Retirement Account

  Nick Calamos

Mellon HBV Master Multi-Strategy Fund LP

  Stuart Dubson

Dorinco Reinsurance Company

  Nick Calamos

Waterstone Market Neutral Fund, LP

  *

Port Authority of Alleghany County Retirement and Disability Allowance Plan for the Employees Represented by Local 85 of the Almagamated

Transit Union

  Nick Calamos

United Food and Commercial Workers Local 1262 and Employers Pension Fund

  Nick Calamos

HFR CA Select Fund

  Gene T. Pretti

Louisiana Workers’ Compensation Corporation

  Nick Calamos

Univar USA Inc. Retirement Plan

  Nick Calamos

Pacific Life Insurance Company

  *

Nisswa Master Fund Ltd.

  Brian Taylor, Aaron Yeary, Chirs Lyche, Nikhil Mankodi, Michael O’Connell, Scott Reinhart, John Lutkehaus

Context Convertible Arbitrage Fund, LP

  Michael Rosen, William Fertig

Lyxor/Quest Fund Ltd

  Frank Campana, James Doolin

The California Wellness Foundation

  Nick Calamos

Delta Pilots Disability and Survivorship Trust

  Nick Calamos

KBC Financial Products USA Inc.

  Luke Edwards

Mint Master Fund LP

  Stuart Dubson

City of Knoxville Pension System

  Nick Calamos

 

S-5


Macomb County Employees’ Retirement System

  Nick Calamos

National Bank of Canada

  Michael Rosen, William Fertig

Lyxor/Context Fund LTD

  Michael Rosen, William Fertig

Aventis Pension Master Fund

  Nick Calamos

Conseco Fund Group – Convertible Securities Fund

  *

Knoxville Utilities Board Retirement System

  Nick Calamos

SCI Endowment Care Common Trust Fund – National Fiduciary Services

  Nick Calamos

Royal Bank of Canada (Norshield)

  Michael Rosen, William Fertig

Lyxor Master Fund

  Clark Hunt, Jonathan Bren, Ken Tananbaum

American AAdvantage Funds

  Nick Calamos

The Fondren Foundation

  Nick Calamos

Lighthouse Multi-Strategy Fund LP

  Frank Campana, James Doolin

CEMEX Pension Plan

  Nick Calamos

SCI Endowment Care Common Trust Fund – Suntrust

  Nick Calamos

Univest Convertible Aribitrage Fund II LTD (Norshield)

  Michael Rosen, William Fertig

Sturgeon Limited

  (3)

Kettering Medical Center Funded Depreciation Account

  Nick Calamos

Cockrell Foundation

  Nick Calamos

SCI Endowment Care Common Trust Fund – First Union

  Nick Calamos

* The selling securityholder has informed us that there is no natural person or persons with voting or investment power over the respective debentures.
(1) Northern Income Equity Fund has informed us that Northern Trust Investments NA, of which Ted Southworth is the fund manager, is the investment advisor of the selling securityholder and has sole voting and dispositive power.
(2) CNH CA Master Account, L.P. has informed us that CNH Partners, LLC, of which Robert Krail, Mark Mitchell and Todd Pulvino are the investment principals, is the investment advisor of the selling securityholder and has sole voting and dispositive power.
(3) Sturgeon Limited has informed us that investment control is shared with CooperNeff Advisers, Inc. and that CooperNeff Advisers, inc. has sole voting power.

 


 

The date of this prospectus supplement is April 29, 2004.

 

 

S-6

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