-----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, R7v60PEKy3hLgPIPgmsPzXN/QlOCxOIF2elS8pgiaFyP+hiqaAkXy4+ZOLtP3zGU VlBSqRR76sfpMiCaQppmZQ== 0000927016-97-002748.txt : 19971028 0000927016-97-002748.hdr.sgml : 19971028 ACCESSION NUMBER: 0000927016-97-002748 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971027 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: 97701451 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 FORM 424 B 3 Filed pursuant to Rule 424(b)(3) Registration No. 333-24901 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) 11,421,319 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) 11,421,319 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 October 27, 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 October 27, 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 22,070 Aim Charter Fund 4,500,000 99,316 Aim High Yield Fund 5,000,000 110,350 Aim Income Fund 2,000,000 44,140 Aim V1 Growth & Income Fund 500,000 11,035 Allstate Insurance Company 4,000,000 88,280 Alscott Investments, LLC 640,000 14,124 American Community Mutual Insurance Company 200,000 4,414 American Pioneer Life Insurance Company of New York 40,000 882 American Progressive Life & Health 40,000 882 American Public Entity Excess Pool 40,000 882 American Republic Insurance Company 150,000 3,310 Amwest Surety Insurance Company 280,000 6,179 Associated Electric & Gas Insurance 850,000 18,759 Associated Physicians Insurance Company 20,000 441 Austin Firefighters Conv. 190,000 4,193 Bank of America Convertible Securities 230,000 5,076 Bankers Trust TTEE for Chrysler Corp. Emp.#1 Pension Plan 2,800,000 61,796 Baptist Hosp. of Miami 165,000 3,642 Bear Stearns Securities Corporation 5,920,000 130,655 BCS Life Insurance Company 250,000 5,517 Boston Museum of Fine Arts 65,000 1,435 BZW Securities Limited 15,265,000 336,901 C.I. American Fund 120,000 2,648
2 CSA Fraternal Life 50,000 1,103 California Public Employees' Retirement System 1,500,000 33,105 Care America Life Insurance Company 40,000 882 Carrigaholt Capital (Bermuda) L.P. 1,000,000 22,070 Catholic Relief Insurance Company of America 195,000 4,303 Central States Health & Life Company of Omaha 180,000 3,972 Century National Insurance Company 530,000 11,697 CFW-C, L.P. 4,000,000 88,280 Champion International Corp. Master Retirement Trust 715,000 15,780 Chase Manhattan Bank TTEE IBM Corp. Retirement Plan Trust 5,000,000 110,350 Chicago Mutual Liability Company 40,000 882 Chrysler Insurance Company 1,950,000 43,036 Colgate-Palmolive Company Retirement Trust 650,000 14,345 Combined Insurance Company of America 905,000 19,974 Concord Life Insurance Company 90,000 1,986 Condor Insurance 65,000 1,434 Cowen & Company 2,000,000 44,140 Credit Suisse First Boston Corporation 2,000,000 44,140 David Lipscomb University General Endowment 25,000 552 Delta Air Lines Master Trust 4,990,000 110,130 Donaldson, Lufkin & Jenrette Securities Corporation 250,000 5,518 Employee Benefit Convertible Securities 125,000 2,758 Engrs Joint Pension FD 260,000 5,738 Equitable Life Assurance Separate Account Balanced 60,000 1,324 Equitable Life Assurance Separate Account Convertibles 765,000 16,884 Farmers Home Mutual Insurance 205,000 4,524 Federated Rural Electric Insurance Company 60,000 1,324 Fidelity Financial Trust: Fidelity Convertible Securities Fund 30,000,000 662,105 Fidelity Magellan Fund 45,000,000 993,158 Franklin and Marshall College 400,000 8,828 Froley, Revy Investment Company Inc. Account: Arkansas PERS 825,000 18,207 Froley, Revy Investment Company Inc. Account: ICI American Holdings Pension 285,000 6,290
3 Froley, Revy Investment Company Inc. Account: Island Insurance Convertibles 55,000 1,213 Froley, Revy Investment Company Inc. Account: NALCO Chemical Retirement Trust 125,000 2,758 Froley, Revy Investment Company Inc. Account: Oregon Equity Fund/State of Oregon 2,000,000 44,140 Froley, Revy Investment Company Inc. Account: PRIM Board 1,150,000 25,380 Froley, Revy Investment Company Inc. Account: Southern Farm Bureau Insurance Co. 150,000 3,310 Froley, Revy Investment Company Inc. Account: Starvest Discretionary 175,000 3,862 Froley, Revy Investment Company Inc. Account: Starvest Investment 175,000 3,862 Froley, Revy Investment Company Inc. Account: State of Delaware Retirement - Froley, Revy 700,000 15,449 Froley, Revy Investment Company Inc. Account: Zeneca Holdings Pension 285,000 6,290 Frontier Insurance Company 530,000 11,697 Global Series Fund II--Prudential Inconvertible Fund 2,000,000 44,140 Golden Rule Insurance Company 2,800,000 61,796 Goodville Mutual Casuality Company 20,000 441 Gopher State Mutual Insurance Company 80,000 1,765 Goschen Hoppen - Home Insurance Company 35,000 772 Grace Brothers, Ltd. 2,000,000 44,140 Grain Dealers Mutual Insurance 90,000 1,986 Guarantee Trust Life Insurance Company 480,000 10,593 Guaranty Income Life Insurance Company 200,000 4,414 Hudson River Trust Balanced Account 390,000 8,607 Hudson River Trust Growth & Income Account 360,000 7,945 Hudson River Trust Growth Investors 305,000 6,731 Hughes Aircraft Company Master Retirement Trust 1,660,000 36,636 John M. Olin Foundation, Inc. 2,960,000 65,327 J.P. Morgan & Co. Incorporated 21,110,000 465,901 J.P. Morgan Securities, Inc. 16,500,000 364,158 Kettering Medical Center Funded Depreciation Account 80,000 1,766 Lebanon Mutual Insurance Company 55,000 1,213 Lehman Brothers International Europe 2,000,000 44,140
4 Lincoln National Convertible Securities Fund 2,960,000 65,327 Lincoln National Life Insurance 7,620,000 168,174 Lipper Convertibles, L.P. 5,000,000 110,350 Lipper Offshore Convertibles, L.P. 1,500,000 33,105 Lone Star Life Insurance Company 530,000 11,697 Massachusetts Mutual Life Insurance Company 1,700,000 37,519 MassMutual Corporate Value Partners Limited 550,000 12,138 MassMutual High Yield Partners, LLC 750,000 16,552 McMahan Securities Company L.P. 295,000 6,510 Medico Life Insurance Company 290,000 6,400 Med Marc Insurance 270,000 5,958 Memphis Light, Water & Gas Retirement Fund 375,000 8,276 Merrill Lynch Capital Markets PLC 13,000,000 286,912 Merrill Lynch, Pierce, Fenner & Smith Inc. 7,220,000 159,346 Midwest Securities Life 90,000 1,986 Midwestern National Life Insurance Company of Ohio 190,000 4,193 Millers Casualty Insurance Company of Texas 125,000 2,758 Millers Mutual Fire Insurance Company of Texas 670,000 14,787 Mutual Protective Insurance Company 300,000 6,621 N-A Core Growth Fund 3,515,000 77,576 N-A Income & Growth Fund 1,405,000 31,009 National Chiropractic 225,000 4,965 New York Life Insurance & Annuity Corporation 1,750,000 38,622 New York Life Insurance Company 7,250,000 160,008 Norwest Bank MN, N.A. 325,000 7,172 Occidental College 155,000 3,421 OCM Convertible Limited Partnership 250,000 5,517 OCM Convertible Trust 5,455,000 120,392 Oak Tree Partners, L.P. 5,660,000 124,917 Old Guard Fire Insurance Company 90,000 1,986 Old Guard Insurance Company 195,000 4,303 Ozark National Life Insurance Company 460,000 10,152 Pacific Horizon Capital Income Fund 3,300,000 72,831 Pacific Innovation Trust Capital Income Fund 55,000 1,213 Pacific Mutual Life Insurance Company 500,000 11,035 Paloma Securities L.L.C. 9,250,000 204,149 Partner Reinsurance Company Ltd. 375,000 8,276
5 Phico Insurance Company 150,000 3,310 Phoenix Convertible Fund 1,000,000 22,070 Physicians Mutual Insurance Company 230,000 5,076 Pioneer Insurance Company 45,000 993 Pitney Bowes Retirement Fund 1,100,000 24,277 Police & Fireman's Insurance Association 45,000 993 Port Authority of Alleghany County Retirement and Disability Allowance Plan for Employees Represented by Local 85 of Amalgamated Transit Union 860,000 18,980 Reliable Life Insurance Company 400,000 8,828 Reliant Trading 1,495,000 32,995 RJR Nabisco, Inc. Defined Benefit Master Trust 700,000 15,449 Robertson Stephens Co. L.L.P. 3,863,000 85,257 Robertson Stephens Growth & Income Fund 1,350,000 29,794 Robertson Stephens Growth & Income Portfolio of the Equi-Select Series Trust 600,000 13,242 Royal Bank of Canada 15,500,000 342,087 San Diego City Retirement 510,000 11,256 Salomon Brothers Inc. 3,900,000 86,074 S D County Convertible 1,845,000 40,719 Secura Insurance, A Mutual Company 220,000 4,855 Service Life and Casualty Insurance Company 20,000 441 Service Lloyd Insurance Company 20,000 441 Shepherd Investments International, Ltd. 31,925,000 704,590 Smith Barney Inc.(1) 16,580,000 365,923 Societe Generale Securities Corporation 3,700,000 81,659 South Dakota Retirement System 1,000,000 22,070 Standard Mutual Insurance Company 110,000 2,427 Stark International 14,925,000 329,397 State of Connecticut Combined Investments Fund 4,185,000 92,363 State Employees' Retirement Fund of the State of Delaware 1,340,000 29,574 State Street Bank c/f GE Pension Trust Global Investment 1,800,000 39,726 Swiss Bank Corporation - London Branch 4,500,000 99,316 Tennessee Consolidated Retirement System 4,000,000 88,280 Texas Builders Insurance Company 40,000 882 The Class IC Company, Ltd. 1,000,000 22,070
6 The Dow Chemical Company Employees Retirement Plan 2,300,000 50,761 The First Foundation 105,000 2,317 The Fondren Foundation 80,000 1,766 The Hotel Union and Hotel Industry of Hawaii 130,000 2,869 The Income Fund of America, Inc. 20,000,000 441,403 The Ohio National Growth & Income Fund 50,000 1,104 Toronto Dominion (New York) Inc. 20,000,000 441,403 Transguard Insurance Company 550,000 12,138 UBS Securities LLC 13,000,000 286,912 Unifi, Inc. Profit Sharing Plan and Trust 165,000 3,642 United Food and Commercial Workers Local 1262 and Employers Pension Fund 500,000 11,035 United National Insurance Company 1,250,000 27,587 United National Life Insurance 100,000 2,207 United States Olympic Foundation 750,000 16,552 United Teacher Associates Insurance Company 800,000 17,656 Vanguard Convertible Securities Fund, Inc. 2,795,000 61,686 Van Kampen American Capital Harbor Fund 2,000,000 44,140 Vista Balanced Fund 100,000 2,207 Vista Growth & Income Fund 3,600,000 79,452 Vista Select Balanced Fund 300,000 6,621 Wake Forest University 405,000 8,938 Weirton Trust 745,000 16,442 Western Home Insurance Company 90,000 1,986 Westward Life Insurance Company 35,000 772 Wisconsin Lawyers Mutual Insuance Company 90,000 1,986 Wisconsin Mutual Insurance Company 60,000 1,324 World Insurance Company 250,000 5,517 Any other Selling Securityholders or future transferee from such Selling Securityholder(2) 37,747,000 833,083 $517,500,000 11,421,248** ============ ==========
______________ (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 $45.31 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. 7 -----END PRIVACY-ENHANCED MESSAGE-----