-----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, JL8fFqfPdabiso1PEsDTLPp8TsYlW8ovsBAy1xdr/jiOzI/XfbIi0UT6NBLMbQDX 3PiHSC1pH1WQJSH7OWkFKg== 0000073568-98-000030.txt : 19981102 0000073568-98-000030.hdr.sgml : 19981102 ACCESSION NUMBER: 0000073568-98-000030 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981030 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: OAK INDUSTRIES INC CENTRAL INDEX KEY: 0000073568 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 361569000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-50093 FILM NUMBER: 98733616 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET STREET 2: BAY COLONY CORP CENTER CITY: WALTHAM STATE: MA ZIP: 02154 BUSINESS PHONE: 6178900400 MAIL ADDRESS: STREET 1: BAY COLONY CORPORATE CENTER STREET 2: 1000 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02154 FORMER COMPANY: FORMER CONFORMED NAME: OAK ELECTRONETICS CORP DATE OF NAME CHANGE: 19720827 424B3 1 PROSPECTUS SUPPLEMENT PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424(b)(3) (To Prospectus dated May 6, 1998) Registration No. 333-50093 OAK INDUSTRIES INC. $100,000,000 Principal Amount of 4 7/8% Convertible Subordinated Notes due 2008 (Interest payable March 1 and September 1) 2,586,900 Shares of Common Stock ------------------------------------------ This document supplements the Prospectus dated May 6, 1998 relating to (i) $100,000,000 aggregate principal amount of 4 7/8% Convertible Subordinated Notes due 2008 (the "Notes") of Oak Industries Inc., a Delaware corporation (the "Company"), and (ii) 2,586,900 shares of common stock, par value $.01 per share, (the "Common Stock") of the Company which are initially issuable upon conversion of the Notes plus such additional indeterminate number of shares of Common Stock as may become issuable upon conversion of the Notes as a result of adjustments to the conversion price (the "Shares"). The Notes and the Shares are being offered for the account of the holders thereof. The Notes were initially acquired from the Company by Donaldson, Lufkin and Jenrette Securities Corporation, Lehman Brothers and SG Cowen Securities Corporation in February 1998 in transactions exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). This Prospectus Supplement is incorporated by reference into the Prospectus, and all terms used herein shall have the meaning assigned to them in the Prospectus. The Common Stock of the Company is traded under the symbol "OAK." ------------------------------------------ SEE "RISK FACTORS" BEGINNING ON PAGE 4 OF THE ACCOMPANYING PROSPECTUS FOR A DESCRIPTION OF CERTAIN FACTORS THAT SHOULD BE CONSIDERED BY PROSPECTIVE INVESTORS. ------------------------------------------ THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. ------------------------------------------ The date of this Prospectus Supplement is October 30, 1998. The following table sets forth (i) the name of each Selling Securityholder and position, office or other material relationship, if any, with the Company within the past three years, (ii) the amount of Notes owned by each Selling Securityholder named herein as of the most recent date for which the Company obtained such information from such Selling Securityholder, (iii) the maximum amount of Notes which may be offered for the account of such Selling Securityholder under the Prospectus, (iv) the amount of Common Stock owned by each Selling Securityholder as of the most recent date for which the Company obtained such information from the respective Selling Securityholder, and (v) the number of Shares which may be offered for the account of such Selling Securityholder under the Prospectus.
Name of Selling Principal Principal Shares Securityholder Amount of Amount of Note Shares Offered Notes Owned Offered Hereby Owned(1)(2) Hereby(2)(3) - --------------- ----------- --------------- ----------- ------------ Donaldson, Lufkin and $32,450,000(5) $32,450,000(5) 839,449(6) 839,449(6) Jenrette Securities Corporation(4) - --------------------- (1) Includes the Shares into which the Notes held by such Selling Securityholder are convertible at the Conversion Price. (2) The Conversion Price and the number of Shares issuable upon conversion of the Notes are subject to adjustment under certain circumstances. See "Description of Notes -- Conversion Rights." Accordingly, the number of Shares issuable upon conversion of the Notes may increase or decrease from time to time. Fractional shares will not be issued upon conversion of the Notes; rather, cash will be paid in lieu of fractional shares, if any. (3) Assumes that the full amount of Notes held by the Selling Securityholder are converted into Shares at the Conversion Price and offered by such Shares by such Selling Securityholder pursuant to the Prospectus. (4) As set forth in the Prospectus, Donaldson, Lufkin and Jenrette Securities Corporation ("DLJ") was an initial purchaser of the Notes. In addition, DLJ has, from time to time, provided investment banking and other advisory services to the Company. (5) Includes $32,050,000 principal amount of Notes held by this Selling Securityholder previously included in supplements to the Prospectus dated May 8, May 29, July 17, and July 31, 1998. (6) Includes 829,101 Shares issuable upon conversion of $32,050,000 principal amount of Notes held by this Selling Securityholder previously included in supplements to the Prospectus dated May 8, May 29, July 17, and July 31, 1998.
Because the Selling Securityholder may, pursuant to the Prospectus, offer all or some portion of the Notes and Shares it presentlys hold or, with respect to Shares, has the right to acquire upon conversion of such Notes, no estimate can be given as to the amount or percentage of the Notes and Shares that will be held by the Selling Securityholder upon termination of any such sales. In addition, the Selling Securityholder identified above may have sold, transferred or otherwise disposed of all or a portion of their Notes and Shares since the date on which it provided the information regarding itsr Notes and Shares, in transactions exempt from the registration requirements of the Securities Act. See "Plan of Distribution." The Selling Securityholder may sell all, part or none of the Notes or Shares listed above. The Company may from time to time include additional Selling Securityholders and information about such Selling Securityholders' plans of distribution in future supplements to the Prospectus. -3-
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