-----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, DsuFEQpN+VSulg1v8OxUWyCwr6jsiVkoInJfESwjryt+P3aqgRLCmL1hUy0AVBif JsZfR+Tv4fFIFALRRedN5g== 0000790070-97-000027.txt : 19971205 0000790070-97-000027.hdr.sgml : 19971205 ACCESSION NUMBER: 0000790070-97-000027 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971204 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: EMC CORP CENTRAL INDEX KEY: 0000790070 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 042680009 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-24901 FILM NUMBER: 97732266 BUSINESS ADDRESS: STREET 1: 171 SOUTH STREET CITY: HOPKINTON STATE: MA ZIP: 01748-9103 BUSINESS PHONE: 5084351000 MAIL ADDRESS: STREET 1: 171 SOUTH STREET CITY: HOPKINTON STATE: MA ZIP: 01748-9103 424B3 1 PROSPECTUS SUPPLEMENT PROSPECTUS SUPPLEMENT (To Prospectus dated June 26, 1997) EMC CORPORATION $517,500,000 Principal Amount of 3 1/4% Convertible Subordinated Notes due 2002 (Interest Payable March 15 and September 15) 22,842,639 Shares of Common Stock ______________________________ This document supplements the Prospectus dated June 26, 1997 relating to (i) $517,500,000 aggregate principal amount of 3 1/4% Convertible Subordinated Notes due 2002 (the "Notes") of EMC Corporation, a Massachusetts corporation (the "Company"), and (ii) 22,842,639 shares of common stock, par value $.01 per share, of the Company (the "Common Stock"), 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 that are being registered hereby are to be offered for the account of the holders thereof (the "Selling Securityholders"). The Notes were issued and sold in March 1997 in transactions exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), to persons reasonably believed by Smith Barney Inc., Alex. Brown & Sons Incorporated and Morgan Stanley & Co. Incorporated (the "Initial Purchasers") to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) or institutional "accredited investors" (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) or outside the United States to certain persons in offshore transactions in reliance on Regulation S under the Securities Act. This Prospectus Supplement is incorporated by reference into the Prospectus and should be read in conjunction with the Prospectus. All terms used herein shall have the meaning assigned to them in the Prospectus. _______________________ SEE "RISK FACTORS" BEGINNING ON PAGE 3 OF THE ACCOMPANYING PROSPECTUS FOR A DISCUSSION 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 December 4, 1997. The following information supplements and updates the information found on pages 23-26 of the Prospectus under the caption "Selling Securityholders" by amending and restating such information to read, in its entirety, as follows: SELLING SECURITYHOLDERS The following table set forth certain information furnished to the Company through December 4, 1997 as to the security ownership of the Selling Securityholders. Except as set forth below, none of the Selling Securityholders has had a material relationship with the Company or any of its predecessors or affiliates within the past three years. Aggregate Principal Number of Shares Amount of Notes of Common Stock Name that may be Sold that may be Sold* AAM/Zazove Institutional Income Fund, L.P. $1,000,000 44,140 Aim Charter Fund 4,500,000 198,631 Aim High Yield Fund 5,000,000 220,701 Aim Income Fund 2,000,000 88,280 Aim VI Growth & Income Fund 500,000 22,070 Allstate Insurance Company 4,000,000 176,561 Alscott Investments, LLC 640,000 28,249 American Community Mutual Insurance Company 200,000 8,828 American Pioneer Life Insurance Company of New York 40,000 1,765 American Progressive Life & Health 40,000 1,765 American Public Entity Excess Pool 40,000 1,765 American Republic Insurance Company 150,000 6,621 Amwest Surety Insurance Company 280,000 12,359 Associated Electric & Gas Insurance 850,000 37,519 Associated Physicians Insurance Company 20,000 882 Austin Firefighters Conv. 190,000 8,386 Bank of America Convertible Securities 230,000 10,152 Bankers Trust TTEE for Chrysler Corp.Emp.#1 Pension Plan 2,800,000 123,593 Baptist Hosp. of Miami 165,000 7,283 Bear Stearns Securities Corporation 5,920,000 261,311 BCS Life Insurance Company 250,000 11,035 Boston Museum of Fine Arts 65,000 2,869 BZW Securities Limited 15,265,000 673,802 C.I. American Fund 120,000 5,296 CSA Fraternal Life 50,000 2,207 California Public Employees' Retirement System 1,500,000 66,210 Care America Life Insurance Company 40,000 1,765 Carrigaholt Capital (Bermuda) L.P. 1,000,000 44,140 Catholic Relief Insurance Company of America 195,000 8,607 Central States Health & Life Company of Omaha 180,000 7,945 Century National Insurance Company 530,000 23,394 CFW-C, L.P. 4,000,000 176,561 Champion International Corp. Master Retirement Trust 715,000 31,560 Chase Manhattan Bank TTEE IBM Corp. Retirement Plan Trust 5,000,000 220,701 Chicago Mutual Liability Company 40,000 1,765 Chrysler Insurance Company 1,950,000 86,073 Colgate-Palmolive Company Retirement Trust 650,000 28,691 Combined Insurance Company of America 1,000,000 44,140 Concord Life Insurance Company 90,000 3,972 Condor Insurance 65,000 2,869 Cowen & Company 2,000,000 88,280 Credit Suisse First Boston Corporation 7,000,000 308,982 David Lipscomb University General Endowment 25,000 1,103 Delta Air Lines Master Trust 4,990,000 220,260 Deutsche Morgan Grenfell 13,000,000 573,824 Donaldson, Lufkin & Jenrette Securities Corporation 250,000 11,035 Employee Benefit Convertible Securities 125,000 5,517 Engrs Joint Pension FD 260,000 11,476 Equitable Life Assurance Separate Account Balanced 60,000 2,648 Equitable Life Assurance Separate Account Convertibles 765,000 33,767 Farmers Home Mutual Insurance 205,000 9,048 Federated Equity Income Fund, Inc. 14,250,000 629,000 Federated Insurance Series, on behalf of its Federated Equity Income Fund II 75,000 3,310 Federated Rural Electric Insurance Company 60,000 2,648 Fidelity Financial Trust: Fidelity Convertible Securities Fund 30,000,000 1,324,211 Fidelity Magellan Fund 45,000,000 1,986,316 Franklin and Marshall College 400,000 17,656 Froley, Revy Investment Company Inc. Account: Arkansas PERS 825,000 36,415 Froley, Revy Investment Company Inc. Account: ICI American Holdings Pension 285,000 12,580 Froley, Revy Investment Company Inc. Account: Island Insurance Convertibles 55,000 2,427 Froley, Revy Investment Company Inc. Account: NALCO Chemical Retirement Trust 125,000 5,517 Froley, Revy Investment Company Inc. Account: Oregon Equity Fund/State of Oregon 2,000,000 88,280 Froley, Revy Investment Company Inc. Account: PRIM Board 1,150,000 50,761 Froley, Revy Investment Company Inc. Account: Southern Farm Bureau Insurance Co. 150,000 6,621 Froley, Revy Investment Company Inc. Account: Starvest Discretionary 175,000 7,724 Froley, Revy Investment Company Inc. Account: Starvest Investment 175,000 7,724 Froley, Revy Investment Company Inc. Account: State of Delaware Retirement - Froley, Revy 700,000 30,898 Froley, Revy Investment Company Inc. Account: Zeneca Holdings Pension 285,000 12,580 Frontier Insurance Company 530,000 23,394 Global Series Fund II--Prudential Inconvertible Fund 2,000,000 88,280 Golden Rule Insurance Company 2,800,000 123,593 Goodville Mutual Casuality Company 20,000 882 Gopher State Mutual Insurance Company 80,000 3,531 Goschen Hoppen - Home Insurance Company 35,000 1,544 Grace Brothers, Ltd. 2,000,000 88,280 Grain Dealers Mutual Insurance 90,000 3,972 Guarantee Trust Life Insurance Company 480,000 21,187 Guaranty Income Life Insurance Company 200,000 8,828 Hudson River Trust Balanced Account 390,000 17,214 Hudson River Trust Growth & Income Account 360,000 15,890 Hudson River Trust Growth Investors 305,000 13,462 Hughes Aircraft Company Master Retirement Trust 1,660,000 73,273 John M. Olin Foundation, Inc. 2,960,000 130,655 J.P. Morgan & Co. Incorporated 21,110,000 931,803 J.P. Morgan Securities, Inc. 16,500,000 728,316 Kettering Medical Center Funded Depreciation Account 80,000 3,531 Lebanon Mutual Insurance Company 55,000 2,427 Lehman Brothers International Europe 2,000,000 88,280 Lincoln National Convertible Securities Fund 2,960,000 130,655 Lincoln National Life Insurance 7,620,000 336,349 Lipper Convertibles, L.P. 5,000,000 220,701 Lipper Offshore Convertibles, L.P. 1,500,000 66,210 Lone Star Life Insurance Company 530,000 23,394 Massachusetts Mutual Life Insurance Company 1,700,000 75,038 MassMutual Corporate Value Partners Limited 550,000 24,277 MassMutual High Yield Partners, LLC 750,000 33,105 McMahan Securities Company L.P. 295,000 13,021 Medico Life Insurance Company 290,000 12,800 Med Marc Insurance 270,000 11,917 Memphis Light, Water & Gas Retirement Fund 375,000 16,552 Merrill Lynch Capital Markets PLC 13,000,000 573,824 Merrill Lynch, Pierce, Fenner & Smith Inc. 7,220,000 318,693 Midwest Securities Life 90,000 3,972 Midwestern National Life Insurance Company of Ohio 190,000 8,386 Millers Casualty Insurance Company of Texas 125,000 5,517 Millers Mutual Fire Insurance Company of Texas 670,000 29,574 Mutual Protective Insurance Company 300,000 13,242 N-A Core Growth Fund 3,515,000 155,153 N-A Income & Growth Fund 1,405,000 62,017 National Chiropractic 225,000 9,931 New York Life Insurance & Annuity Corporation 1,750,000 77,245 New York Life Insurance Company 9,250,000 408,298 Norwest Bank MN, N.A. 325,000 14,345 Occidental College 155,000 6,841 OCM Convertible Limited Partnership 250,000 11,035 OCM Convertible Trust 5,455,000 240,785 Oak Tree Partners, L.P. 5,660,000 249,834 Old Guard Fire Insurance Company 90,000 3,972 Old Guard Insurance Company 195,000 8,607 Ozark National Life Insurance Company 460,000 20,304 Pacific Horizon Capital Income Fund 3,300,000 145,663 Pacific Innovation Trust Capital Income Fund 55,000 2,427 Pacific Mutual Life Insurance Company 500,000 22,070 Paloma Securities L.L.C. 9,250,000 408,298 Partner Reinsurance Company Ltd. 375,000 16,552 Phico Insurance Company 150,000 6,621 Phoenix Convertible Fund 1,000,000 44,140 Physicians Mutual Insurance Company 230,000 10,152 Pioneer Insurance Company 45,000 1,986 Pitney Bowes Retirement Fund 1,100,000 48,554 Police & Fireman's Insurance Association 45,000 1,986 Port Authority of Alleghany County Retirement and Disability Allowance Plan for Employees Represented by Local 85 of Amalgamated Transit Union 860,000 37,960 Reliable Life Insurance Company 400,000 17,656 Reliant Trading 1,495,000 65,989 RJR Nabisco, Inc. Defined Benefit Master Trust 700,000 30,898 Robertson Stephens Co. L.L.P. 3,863,000 170,514 Robertson Stephens Growth & Income Fund 1,350,000 59,589 Robertson Stephens Growth & Income Portfolio of the Equi-Select Series Trust 600,000 26,484 Royal Bank of Canada 15,500,000 684,175 San Diego City Retirement 510,000 22,511 Salomon Brothers Inc. 3,900,000 172,147 S D County Convertible 1,845,000 81,439 Secura Insurance, A Mutual Company 220,000 9,710 Service Life and Casualty Insurance Company 20,000 882 Service Lloyd Insurance Company 20,000 882 Shepherd Investments International, Ltd. 31,925,000 1,409,181 Smith Barney Inc.(1) 16,580,000 731,847 Societe Generale Securities Corporation 3,700,000 163,319 South Dakota Retirement System 1,000,000 44,140 Standard Mutual Insurance Company 110,000 4,855 Stark International 14,925,000 658,795 State of Connecticut Combined Investments Fund 4,185,000 184,727 State Employees' Retirement Fund of the State of Delaware 1,340,000 59,148 State Street Bank c/f GE Pension Trust Global Investment 1,800,000 79,452 Swiss Bank Corporation - London Branch 5,000,000 220,701 Tennessee Consolidated Retirement System 4,000,000 176,561 Texas Builders Insurance Company 40,000 1,765 The Class IC Company, Ltd. 1,000,000 44,140 The Dow Chemical Company Employees Retirement Plan 2,300,000 101,522 The First Foundation 105,000 4,634 The Fondren Foundation 80,000 3,531 The Hotel Union and Hotel Industry of Hawaii 130,000 5,738 The Income Fund of America, Inc. 20,000,000 882,807 The Ohio National Growth & Income Fund 50,000 2,207 Toronto Dominion (New York) Inc. 20,000,000 882,807 Transguard Insurance Company 550,000 24,277 UBS Securities LLC 13,000,000 573,824 Unifi, Inc. Profit Sharing Plan and Trust 165,000 7,283 United Food and Commercial Workers Local 1262 and Employers Pension Fund 500,000 22,070 United National Insurance Company 1,250,000 55,175 United National Life Insurance 100,000 4,414 United States Olympic Foundation 750,000 33,105 United Teacher Associates Insurance Company 800,000 35,312 Vanguard Convertible Securities Fund, Inc. 2,795,000 123,372 Van Kampen American Capital Harbor Fund 2,000,000 88,280 Vista Balanced Fund 100,000 4,414 Vista Growth & Income Fund 3,600,000 158,905 Vista Select Balanced Fund 300,000 13,242 Wake Forest University 405,000 17,876 Weirton Trust 745,000 32,884 Western Home Insurance Company 90,000 3,972 Westward Life Insurance Company 35,000 1,544 Wisconsin Lawyers Mutual Insuance Company 90,000 3,972 Wisconsin Mutual Insurance Company 60,000 2,648 World Insurance Company 250,000 11,035 Any other Selling Securityholders or future transferee from such Selling Securityholder(2) 2,827,000 124,784 $517,500,000 22,842,557** _____________ (1) Smith Barney Inc. was an Initial Purchaser of the Notes. See "Plan of Distribution." (2) Information regarding these persons or entities may be added from time to time by one or more supplements to this Prospectus. * Assumes a conversion price of $22.655 per share and a cash payment in lieu of any fractional share interest. ** Total differs from amount to be registered due to the rounding down of fractional shares. -----END PRIVACY-ENHANCED MESSAGE-----