8-K 1 a05-3055_18k.htm 8-K

 

UNITED STATES
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):  February 15, 2005

 

ELECTRO SCIENTIFIC INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

 

OREGON

 

0-12853

 

93-0370304

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

13900 NW Science Park Drive, Portland, Oregon

 

97229

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code: (503) 641-4141

 

No Change

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 8.01  Other Events

 

On February 15, 2005, Electro Scientific Industries, Inc. (“ESI”) gave notice of redemption to the holders of the outstanding 4 1/4% convertible subordinated notes due 2006 (the “Notes”).  There is $145 million aggregate principal amount of Notes outstanding.  In accordance with the notice of redemption, ESI intends to redeem 100% of the outstanding Notes pursuant to Section 3.02 of the Indenture, dated as of December 21, 2001, between ESI and The Bank of New York Company, N.A. (formerly BNY Western Trust Company), as trustee.  In accordance with the terms of the Indenture, the redemption price will be 101.70% of the principal amount of the Notes plus accrued and unpaid interest thereon to the redemption date.  The redemption date will be March 10, 2005.

 

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SIGNATURE

 

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.

 

Date:  February 16, 2005.

 

 

 

Electro Scientific Industries, Inc.

 

 

 

 

 

By

  /s/ J. Michael Dodson

 

 

 

J. Michael Dodson

 

 

Senior Vice President of Administration,

 

 

Chief Financial Officer and Secretary

 

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