-----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, Lm6EIX98cem0ExKr7bNALsOx4QU2ec95PfcMGa8YzpAGxYiQEptr49dyeMT2xAsl npGJdFXTri+bgujhmNh57w== 0000891618-98-002342.txt : 19980514 0000891618-98-002342.hdr.sgml : 19980514 ACCESSION NUMBER: 0000891618-98-002342 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980513 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: SEC FILE NUMBER: 333-24557 FILM NUMBER: 98618139 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 FILED PURSUANT TO RULE 424(B)(3) 1 Filed pursuant to rule 424(b)(3) Registration No. 333-24557 PROSPECTUS SUPPLEMENT DATED MAY 7, 1998 (To Prospectus dated June 24, 1997, and the Prospectus Supplements dated August 4, 1997, August 20, 1997, October 1, 1997, November 26, 1997, December 17, 1997, January 29, 1998 and March 5, 1998) 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 Prospectus Supplement together, with the Prospectus and Prospectus Supplements listed above, 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 SELLING SECURITYHOLDERS The table captioned "Selling Securityholders" commencing on page 52 of the Prospectus 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) - ----------------------------------------------------------- ------------------------- ------------------------- Pacific Innovation Trust Capital Income Fund ................. 20,000 387 Franklin Investors Securities Trust - Convertible Securities Fund ................................ 2,000,000 38,715 NationsBanc Montgomery Securities LLC ........................ 5,000,000 96,787 Smith Barney, Inc. ........................................... 580,000 11,227 Donaldson, Lufkin & Jenrette ................................. 150,000 2,904 Raymond James & Associates ................................... 1,000,000 19,357
(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.
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