-----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, SITjaD9Ca2I27PxpRFwGhMaBBNZwbvsk9ZvoUxPpFP+2DIaFECqPr7MHgHyxRY+B apzNl4aAyprwZQgVzKNJ9A== 0000891618-97-003143.txt : 19970805 0000891618-97-003143.hdr.sgml : 19970805 ACCESSION NUMBER: 0000891618-97-003143 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970804 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADAPTEC INC CENTRAL INDEX KEY: 0000709804 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 942748530 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-24557 FILM NUMBER: 97650850 BUSINESS ADDRESS: STREET 1: 691 S MILPITAS BLVD STREET 2: M/S25 CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4089458600 MAIL ADDRESS: STREET 1: 691 SOUTH MILPITAS BLVD STREET 2: M/S25 CITY: MILPITAS STATE: CA ZIP: 95035 424B3 1 PROSPECTUS SUPPLEMENT DATED AUGUST 4, 1997 1 Filed Pursuant to Rule 424(b)(3) Registration Statement No. 333-24557 ================================================================================ PROSPECTUS SUPPLEMENT DATED AUGUST 4, 1997 (To Prospectus dated June 24, 1997) ADAPTEC, INC. U.S. $230,000,000 4 3/4% Convertible Subordinated Notes due February 1, 2004 and Shares of Common Stock Issuable Upon Conversion Thereof ----------------------- This Propsectus Supplement together, with the Prospectus, is to be used by certain holders of the above-referenced securities or by their transferees, pledgees, donees or their successors in connection with the offer and sale of the above referenced securities. ================================================================================ 2 The table captioned "Selling Securityholders" commencing on page 52 of the Propsectus is hereby amended to reflect the following additions and changes.
NUMBER OF SHARES OF PRINCIPAL AMOUNT OF NOTES COMMON STOCK BENEFICIALLY BENEFICIALLY OWNED OWNED AND OFFERED SELLING SECURITYHOLDER AND OFFERED HEREBY HEREBY(1)(2) ---------------------- ------------------------- ------------------------- Merrill Lynch Pierce Fenner & Smith, Inc. .......................... 10,000,000 193,573 SBC Warburg, Inc. (3) ............................................. 6,000,000 116,144 Chase Securities Inc. .............................................. 6,000,000 116,144 State of Oregon/ Oregon Equity Fund ................................ 5,900,000 114,208 CFW-C, L.P. ....................................................... 4,000,000 77,429 Robertson Stephens & Co. L.L.P (4) ................................. 2,030,000 39,295 Lazard Freres & Co. LLC ............................................ 2,000,000 38,714 The Chase Manhattan Bank ttee for IBM Corporation Retirement Plan Trust Dtd 12/18/45 ............................................ 4,055,000 78,493 Pension Reserves Investment Management Board ....................... 2,065,000 39,972 Bankers Trust ttee for Chrysler Corporation Employee #1 Pension Plan 2,355,000 45,586 State of Delaware Retirement ....................................... 1,350,000 26,132 State Street Bank Custodian for GE Pension Plan .................... 1,310,000 25,358 Arkansas PERS ...................................................... 1,550,000 30,003 ICI American Holdings Pension Trust ................................ 550,000 10,646 Zeneca Holdings Pension Trust ...................................... 550,000 10,646 Starvest Discretionary ............................................. 500,000 9,678 Southern Farm Bureau Life Insurance Co. ............................ 425,000 8,226 Franklin and Marshall College ...................................... 280,000 5,420 NALCO Chemical Co. Retirement Trust ................................ 225,000 4,355 Kapiolani Medical Center for Women and Children .................... 200,000 3,871 Island Insurance Convertible Account ............................... -- -- Retirement Plan for Pilots of Hawaiian Airlines .................... 150,000 2,903 Hawaii Airlines Employees Pension Plan - IAM ....................... 100,000 1,935 Hawaiian Airlines Pension Plan for Salaried Employees .............. 30,000 580
(1) Includes shares of Common Stock issuable upon conversion of the Notes. (2) Assumes a conversion price of $51.66 per share, and a cash payment in lieu of any fractional share interest; such conversion price is subject to adjustment as described under "Description of Notes -- Conversion." Accordingly the number of shares of Common Stock issuable upon conversion of the Notes may increase or decrease from time to time. Under the terms of Indenture, fractional shares will not be issued upon conversion of the Notes; cash will be paid in lieu of fractional shares, if any. (3) Includes $3,000,000 principal amount of notes beneficially owned by Swiss Bank Corporation for which SBC Warburg acts as investment advisor. (4) Within the past three years, Robertson Stephens & Co., L.L.P. has acted as an underwriter of securities of the Company. -2-
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