-----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, N6Ah6uD43AHGBe/Gd263gfYJQVkbFUQpy2H3oYRZo8KZ0/O+tBzIENU/Q54J6/Fb TW/LZWIqjn4KFvDpfL6Ozg== 0000912057-96-004001.txt : 19960307 0000912057-96-004001.hdr.sgml : 19960307 ACCESSION NUMBER: 0000912057-96-004001 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960306 SROS: NYSE GROUP MEMBERS: C ACQUISITION CORPORATION GROUP MEMBERS: SILICON GRAPHICS INC /CA/ SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CRAY RESEARCH INC CENTRAL INDEX KEY: 0000025506 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 391161138 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-08883 FILM NUMBER: 96531760 BUSINESS ADDRESS: STREET 1: 655A LONE OAK DR CITY: EAGAN STATE: MN ZIP: 55121 BUSINESS PHONE: 6126837100 MAIL ADDRESS: STREET 1: 1440 NORTHLAND DR CITY: MENDOTA HEIGHTS STATE: MN ZIP: 55120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SILICON GRAPHICS INC /CA/ CENTRAL INDEX KEY: 0000802301 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 942789662 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 2011 N SHORELINE BLVD P O BOX 7311 STREET 2: MS 6U-710 CITY: MOUNTAIN VIEW STATE: CA ZIP: 94039-7311 BUSINESS PHONE: 4159601980 MAIL ADDRESS: STREET 1: 2011 N SHORELINE BLVD STREET 2: POST OFFICE BOX 7311 MS 6U-710 CITY: MOUNTAIN VIEW STATE: CA ZIP: 94039-7311 SC 14D1/A 1 SC 14D1/A - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ SCHEDULE 14D-1/A TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) ------------------------ CRAY RESEARCH, INC. (Name of Subject Company) C ACQUISITION CORPORATION SILICON GRAPHICS, INC. (Bidder) Common Stock, $1.00 par value (including Common Stock Purchase Rights issued with respect thereto) (Title of Class of Securities) 225224 10 4 (CUSIP Number of Class of Securities) William M. Kelly Vice President, General Counsel and Secretary Silicon Graphics, Inc. 2011 North Shoreline Boulevard Mountain View, California 94043-1389 Telephone: (415) 933-1440 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Bidder) Copy to: Michael J. Kennedy, Esq. Shearman & Sterling 555 California Street San Francisco, California 94104-1522 Telephone: (415) 616-1100 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- This Amendment No. 1 to the Tender Offer Statement on Schedule 14D-1 (the "Statement") relates to the offer by C Acquisition Corporation, a corporation organized and existing under the laws of the State of Delaware ("Purchaser") and wholly owned subsidiary of Silicon Graphics, Inc., a Delaware corporation ("Parent"), to purchase 19,218,735 shares of common stock, par value $1.00 per share (the "Shares"), of Cray Research, Inc., a corporation organized and existing under the laws of the State of Delaware (the "Company"), including the associated Common Share Purchase Rights (the "Rights") issued pursuant to the Rights Agreement, dated May 15, 1989, between the Company and Norwest Bank Minnesota, N.A. (the "Rights Agreement"), at a price of $30.00 per Share, net to the seller in cash, upon the terms and subject to the conditions set forth in Purchaser's Offer to Purchase dated February 29, 1996 (the "Offer to Purchase") and in the related Letter of Transmittal (which together constitute the "Offer"), copies of which were attached to the Statement as Exhibits (a)(1) and (a)(2) thereto, respectively. All references herein to the Rights include all benefits which may inure to stockholders of the Company pursuant to the Rights Agreement, and unless the context requires otherwise, all references herein to Shares include the Rights. ITEM 10. ADDITIONAL INFORMATION. Item 10(e) is hereby amended and supplemented as follows: STOCKHOLDER LITIGATION. On March 1, 1996, a putative class action was filed in the Court of Chancery in the State of Delaware on behalf of the stockholders of the Company alleging causes of action arising out of the Offer and the proposed Merger. SHADELINE V. CRAY RESEARCH, INC., ET AL., Civil Action No. 14868. On March 5, 1996, an amended complaint was filed in the Court of Chancery in the State of Delaware (the "Amended Complaint"). The defendants in this action include the Company, its directors, Parent and Purchaser. The Amended Complaint alleges that the Board breached its fiduciary duties and that Parent and Purchaser aided and abetted the breach of fiduciary duties and specifically alleges that the Board breached its fiduciary duties by failing to undertake an adequate evaluation of the Company as a potential acquisition candidate and to take adequate steps to enhance the Company's value as an acquisition candidate. The Amended Complaint also alleges that the Statement and Schedule 14D-9 omitted information which is material to stockholders' assessments of the transaction and available alternatives. The Amended Complaint seeks, INTER ALIA, to enjoin the defendants from taking steps to accomplish the Offer and the proposed Merger under their present terms. The Company believes that the putative class action suit is without merit and intends to defend it vigorously. SIGNATURE After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. March 6, 1996 C ACQUISITION CORPORATION
By /S/ WILLIAM M. KELLY ------------------------------------ William M. Kelly VICE PRESIDENT SILICON GRAPHICS, INC. By /S/ WILLIAM M. KELLY ------------------------------------ William M. Kelly VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
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