-----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, PTNEERv4YEjrmsOm5Ro2WpgXO21gguB1xRz3FLed6RuakAIK4pGEDllrjBwyDQzT bFrN3NFNz7o5jTcqdu4cxQ== 0000950149-99-001255.txt : 19990712 0000950149-99-001255.hdr.sgml : 19990712 ACCESSION NUMBER: 0000950149-99-001255 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: METRICOM INC / DE CENTRAL INDEX KEY: 0000884318 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 770294597 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-15169 FILM NUMBER: 99662175 BUSINESS ADDRESS: STREET 1: 980 UNIVERSITY AVE CITY: LOS GRATOS STATE: CA ZIP: 95030 BUSINESS PHONE: 4083998200 MAIL ADDRESS: STREET 1: 980 UNIVERSITY AVE CITY: LOS GATOS STATE: CA ZIP: 95030 424B3 1 PROSPECTUS SUPPLEMENT NO. 3 DATED JULY 9, 1999 1 Prospectus Supplement No. 3 Filed Pursuant to 424(b)(3) and (c) Registration Statement No. 333-15169 PROSPECTUS SUPPLEMENT NO. 3 DATED JULY 9, 1999 TO PROSPECTUS DATED DECEMBER 18, 1996 METRICOM, INC. $45,000,000 8% Convertible Subordinated Notes Due 2003 and Shares of Common Stock Issuable Upon Conversion Thereof Please read this prospectus supplement in conjunction with the prospectus dated December 18, 1996 (the "Prospectus"). The following table supersedes the table on pages 28 and 29 of the Prospectus setting forth information concerning the selling securityholders, the prospectus supplement dated January 2, 1997 and the prospectus supplement No. 2 dated May 6, 1997: SELLING SECURITYHOLDERS The following table sets forth the names of the selling securityholders and the principal amount of notes and number of conversion shares that may be offered pursuant to the Prospectus. This table is based upon information provided by U.S. Trust Company of California, N.A., trustee under the Indenture, and by or on behalf of the selling securityholders. The selling securityholders may offer all, some or none of their Notes or Conversion Shares.
SHARES OF COMMON STOCK NOTES OR CONVERSION BENEFICIALLY OWNED PRIOR SHARES BEING TO OFFERING(1)(3) OFFERED ------------------------- ------------------------------ NUMBER OF PRINCIPAL CONVERSION NAME NUMBER PERCENT(2) AMOUNT SHARES(3)(4) - ---- ----------- ---------- ---------- ----------- ABN-AMRO Incorporated ............................ 20,618** * 300,000 20,618 Bechtel Trust & Thrift Plan ...................... 6,872** * 100,000 6,872 Cincinnati Bell Telephone Convertible 25,085** * 365,000 25,085 Value Fund ............................... Commonwealth Life Insurance Camden Nonenhanced .............................. 68,728** * $ 1,000,000 68,728 Deephaven Market Neutral Trading L.P.............. 28,865** * 420,000 28,865 Deephaven Market Neutral Trading Limited ......... 67,353** * 980,000 67,353 Dow Chemical Retirement Plan ..................... 17,182** * 250,000 17,182 Father Schmidt Foundation for Youth .............. 6,872** * 100,000 6,872 Global Bermuda Limited Partnership ............... 185,567** * 2,700,000 185,567 Greyhound Lines .................................. 6,872** * 100,000 6,872 Helix Convertible Opportunities Fund, Ltd......... 4,124** * 60,000 4,124 Helix Convertible Opportunities, L.P.............. 10,309** * 150,000 10,309 KA Trading L.P.................................... 74,674** * 1,086,510 74,674 KA Management Limited ............................ 14,672** * 213,490 14,672 Laterman Strategies 90's LP....................... 21,374** * 311,000 21,374 Laterman & Company ............................... 14,707** * 214,000 14,707 Lautze & Lautze Accountancy Corp.................. 6,872** * 100,000 6,872 LDG Limited ...................................... 17,182** * 250,000 17,182 Lindner Investments .............................. 1,546,390(7) 7% 22,500,000 1,546,390 Lynch Loofbourrow et al. Pension ................. 13,745** * 200,000 13,745
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SHARES OF COMMON STOCK NOTES OR CONVERSION BENEFICIALLY OWNED PRIOR SHARES BEING TO OFFERING(1)(3) OFFERED ------------------------- ------------------------------ NUMBER OF PRINCIPAL CONVERSION NAME NUMBER PERCENT(2) AMOUNT SHARES(3)(4) - ---- ----------- ---------- ---------- ----------- Marcia Diamond, Trustee, The Marcia Diamond Trust of 1995 .................... 7,872(6) * 100,000 6,872 McLean Trust ..................................... 13,745** * 200,000 13,745 North Pole Capital Investments Limited ........... 34,364** * 500,000 34,364 Offshore Strategies Ltd........................... 36,082** * 525,000 36,082 Ohio Carpenters' Pension Trust ................... 6,872** * 100,000 6,872 Pabst Brewing Co.................................. 41,237** * 600,000 41,237 August J. Pelizzi, Jr ............................ 6,872** * 100,000 6,872 Philip Morris Master Trust ....................... 34,364** * 500,000 34,364 RCASF High School Teachers Pension ............... 13,745** * 200,000 13,745 RCB Boise General Investment ..................... 6,872** * 100,000 6,872 Joseph J. Ritchie ................................ 418,312(5) * 2,900,000 199,312 Salesian Society--General ........................ 6,872** * 100,000 6,872 Santa Clara Missions Cemetery .................... 10,309** * 150,000 10,309 San Felipe Del Rio Foundation .................... 6,872** * 100,000 6,872 SCU Schmidt Foundation ........................... 13,745** * 200,000 13,745 Shepherd Management Service ...................... 687** * 10,000 687 Smith Barney Inc.................................. 68,728** * 1,000,000 68,728 Southern New England Telephone ................... 6,872** * 100,000 6,872 St. Mary's Pooled Endowment ...................... 17,182** * 250,000 17,182 St. Patrick's Seminary--Brd Dir End .............. 13,745** * 200,000 13,745 State Retirement and Pension Plan of Maryland .................................... 51,546** * 750,000 51,546 TCW Galileo Convertible Securities Fund .......... 14,089** * 205,000 14,089 TCW Convertible Strategy Fund .................... 39,175** * 570,000 39,175 TCW Convertible Value Fund ....................... 47,422** * 690,000 47,422 TCW Convertible Value Securities Fund ............ 130,927** * 1,905,000 130,927 TQA Arbitrage Fund, L.P........................... 26,460** * 385,000 26,460 TQA Vantage Fund, Ltd............................. 18,213** * 265,000 18,213 TQA Leverage Fund, L.P............................ 17,182** * 250,000 17,182 TQA Vantage Plus, Ltd............................. 17,182** * 250,000 17,182 World Wide Transactions Ltd....................... 1,375** * 20,000 1,375 WR Investment Partners ........................... 687** * 10,000 687
- --------------- * Less than one percent. ** Represents conversion shares. (1) Beneficial ownership is determined in accordance with the Rules of the SEC and generally includes voting or investment power with respect to securities. Except as otherwise indicated by footnote, and subject to community property laws where applicable, the persons named in the table have sole voting and investment power with respect to all shares of common stock shown as beneficially owned by them. (2) Based on 19,497,032 shares of common stock outstanding on June 7, 1999 and assuming 3,092,783 conversion shares. (3) Assumes a conversion price of $14.55 per share and a cash payment in lieu of any fractional interest. (4) Assuming the conversion of all the Notes and the sale by the selling securityholders of all of the conversion shares, (a) none of the selling securityholders will beneficially own shares of common stock following the offering except shares of common stock other than conversion shares set forth in notes 5, 6 and 7 below, and (b) none of the selling securityholders will beneficially own more than one percent of the 22,589,815 shares of common stock outstanding (based on the number of shares outstanding on June 7, 1999 and 3,092,783 conversion shares) except Lindner Investments (7%). (5) Includes 219,000 shares of the Company's common stock held by Mr. Ritchie. 2. 3 (6) Includes 1,000 shares of the Company's common stock held by Marcia Diamond, Trustee, The Marcia Diamond Trust of 1995. (7) Based on a Schedule 13D filed with the SEC on December 26, 1996 and most recently amended on October 12, 1997 and a Schedule 13G Amendment filed on August 28, 1996. Includes 1,546,390 shares of common stock issuable upon conversion of 8% Convertible Notes due 2003. Ryback Management Corporation has sole voting and dispositive power over the shares held by Lindner Investments. Ryback Management Corporation disclaims beneficial ownership of the shares in which it has no pecuniary interest. Other than as set forth in the table, none of the selling securityholders listed above had any material relationship with the Company, other than as a result of ownership of the notes or common stock, within the three-year period ending on the date of this Prospectus. Additional selling securityholders or other information concerning selling securityholders may be set forth in supplements to this Prospectus from time to time. Up to $45,000,000 aggregate principal amount of notes may be offered hereby. The Company can give no estimate as to the principal amount of notes or conversion shares that will be held by the selling securityholders after completion of this offering because: o the selling securityholders may offer all or some of the notes that they hold and/or conversion shares pursuant to the offering contemplated by this Prospectus; and o there are currently no agreements, arrangements or understandings with respect to the sale of any of the notes or conversion shares by the selling securityholders. Potential investors are advised to review Metricom's risk factors set forth in Metricom's report on form 8-K filed on July 9, 1999. We are incorporating those risk factors by reference into this supplement. The date of this Prospectus Supplement No. 3 is July 9, 1999 3. -----END PRIVACY-ENHANCED MESSAGE-----