-----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, SORsCmkri1FS9qTPtmC2+fZqzn0m4IUU1oKRNUPZbhm/OMxTw/Cpapq3HWCqi4+t bP1t95fbzCw/ecaJAfdh5Q== 0000891618-03-005470.txt : 20031027 0000891618-03-005470.hdr.sgml : 20031027 20031027060314 ACCESSION NUMBER: 0000891618-03-005470 CONFORMED SUBMISSION TYPE: SC 13E1 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20031027 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLESOFT INC CENTRAL INDEX KEY: 0000875570 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 680137069 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E1 SEC ACT: 1934 Act SEC FILE NUMBER: 005-43748 FILM NUMBER: 03957440 BUSINESS ADDRESS: STREET 1: 4460 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588-8618 BUSINESS PHONE: 925-225-3000 MAIL ADDRESS: STREET 1: 4460 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588-8618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PEOPLESOFT INC CENTRAL INDEX KEY: 0000875570 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 680137069 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E1 BUSINESS ADDRESS: STREET 1: 4460 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588-8618 BUSINESS PHONE: 925-225-3000 MAIL ADDRESS: STREET 1: 4460 HACIENDA DRIVE CITY: PLEASANTON STATE: CA ZIP: 94588-8618 SC 13E1 1 f93923orsc13e1.htm SCHEDULE 13E-1 PeopleSoft Schedule 13E-1
Table of Contents



SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549


RULE 13E-1 TRANSACTION STATEMENT

Pursuant to Section 13(e) of the Securities Exchange Act of 1934

PEOPLESOFT, INC.

(Name of Issuer)

PEOPLESOFT, INC.

(Name of Person Filing Statement)

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

712713106

(CUSIP Number of Class of Securities)


Craig Conway
President and Chief Executive Officer
PeopleSoft, Inc.
4460 Hacienda Drive, Pleasanton, California 94588-8618
(925) 225-3000

(Name, Address and Telephone Number of Person Authorized to Receive
Notice and Communications on Behalf of the Person Filing Statement)

COPIES TO:

Douglas D. Smith, Esq.
Gibson, Dunn & Crutcher LLP
One Montgomery Street
San Francisco, California 94104
(415) 393-8200

Calculation of Filing Fee

         
Transaction Value   Amount of Filing Fee
$350,000,000 in Common Stock of PeopleSoft, Inc.
  $ 28,315.00*  

*   Fee calculated as provided in Fee Rate Advisory #11 for fiscal year 2003, based on a fee of $80.90 per $1,000,000 of securities proposed to be purchased.

1


Item 1. Security and Issuer
Item 2. Purposes of the Repurchases
Item 3. Source and Amount of Funds or Other Consideration
SIGNATURE


Table of Contents

Item 1. Security and Issuer

     This Rule 13e-1 Transaction Statement relates to the proposed purchase by the issuer, PeopleSoft, Inc., a Delaware corporation (the “Company”), of up to $350 million of its common stock, par value $0.01 per share, to be effected from time to time in open market or privately negotiated purchases or otherwise, depending on market prices and other conditions. The purchases will be made pursuant to the Company’s $350 million share repurchase program, the authorization of which previously was announced on September 4, 2003. Any such purchases will be made on the NASDAQ National Market.

Item 2. Purposes of the Repurchases

     The Company’s Board of Directors believes that the proposed share repurchases are consistent with its goal of utilizing available cash for the benefit of its stockholders, in that (a) the reduction in the number of shares outstanding following the share repurchase will increase the relative percentage ownership of the Company by those stockholders who retain their shares, and (b) the reduction in the number of outstanding shares is expected to be accretive to earnings per share. The Company intends to hold all shares repurchased by it pursuant to the share repurchase program as treasury stock.

Item 3. Source and Amount of Funds or Other Consideration

     The Company intends to fund all share repurchases from cash surplus and general corporate funds generated from its operations.

2


Table of Contents

SIGNATURE

     After reasonable 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.

         
    PEOPLESOFT, INC.
         
    By:   /s/ KEVIN T. PARKER
       
        Kevin T. Parker
        Executive Vice President
        Finance and Administration,
        Chief Financial Officer
        (Principal Financial and Accounting Officer)
         
Date: October 27, 2003        

3 -----END PRIVACY-ENHANCED MESSAGE-----