-----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, EOvgWZLC4C/h6ft1y0UYlo88muyWBqWWClcP5LjdWHAA5vXJrP89t3ImrP4vc6ps JU8fiwsxnzppkDZ6Gwtexw== 0001047469-99-036616.txt : 19990924 0001047469-99-036616.hdr.sgml : 19990924 ACCESSION NUMBER: 0001047469-99-036616 CONFORMED SUBMISSION TYPE: SC 14D9/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990923 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COCENSYS INC CENTRAL INDEX KEY: 0000895034 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 330538836 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9/A SEC ACT: SEC FILE NUMBER: 005-42753 FILM NUMBER: 99715819 BUSINESS ADDRESS: STREET 1: 213 TECHNOLOGY DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9497536100 MAIL ADDRESS: STREET 1: 213 TECHNOLOGY DRIVE CITY: IRVINE STATE: CA ZIP: 92618 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COCENSYS INC CENTRAL INDEX KEY: 0000895034 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 330538836 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9/A BUSINESS ADDRESS: STREET 1: 213 TECHNOLOGY DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9497536100 MAIL ADDRESS: STREET 1: 213 TECHNOLOGY DRIVE CITY: IRVINE STATE: CA ZIP: 92618 SC 14D9/A 1 SCHEDULE 14D-9/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________ SCHEDULE 14D-9 SOLICITATION/ RECOMMENDATION STATEMENT PURSUANT TO SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934 AMENDMENT NO. 2 COCENSYS, INC. (Name of Subject Company) COCENSYS, INC. (Name of Person Filing Statement) COMMON STOCK, PAR VALUE $0.001 PER SHARE (Title of Class of Securities) 191263201 (CUSIP Number of Class of Securities) ____________________ F. RICHARD NICHOL, PH.D. PRESIDENT AND CHIEF EXECUTIVE OFFICER COCENSYS, INC. 213 TECHNOLOGY DRIVE IRVINE, CA 92618 (949) 753-6100 (Name, address and telephone number of person authorized to receive notice and communications on behalf of the person filing statement) ____________________ Copies to: ALAN C. MENDELSON, ESQ. SUZANNE SAWOCHKA HOOPER, ESQ. COOLEY GODWARD LLP FIVE PALO ALTO SQUARE 3000 EL CAMINO REAL PALO ALTO, CA 94306-2155 (650) 843-5000 This Amendment No. 2 to the Solicitation/Recommendation Statement on Schedule 14D-9 (this "Amendment") relates to a tender offer by Purdue Acquisition Corporation, a Delaware corporation ("Offeror"), and an indirect wholly owned subsidiary of Purdue Pharma L.P., a Delaware limited partnership ("Parent"), to purchase all outstanding shares of Common Stock, par value $0.001 per share (the "Common Stock"), including the associated rights to purchase Series A Junior Participating Preferred Stock issued under the Rights Agreement (as defined in the Offer to Purchase) (the "Rights" and together with the Common Stock, the "Shares") of CoCensys, Inc., a Delaware corporation (the "Company"), at a purchase price of $1.16 per Share, net to the seller in cash (subject to any applicable withholding of taxes), without interest, upon the terms and subject to the conditions set forth in the Offeror's Offer to Purchase, dated August 12, 1999, as amended (the "Offer to Purchase"), and in the related Letter of Transmittal (which together constitute the "Offer"). Unless otherwise indicated, all capitalized terms used but not defined herein shall have the respective meanings assigned to them in the Solicitation/Recommendation Statement on Schedule 14D-9 dated August 12, 1999. ITEM 2. TENDER OFFER OF THE BIDDER. Item 2 of the Schedule 14D-9 is hereby amended and supplemented by adding the following text thereto: On September 23, 1999, the Company and Warner-Lambert Company ("Warner-Lambert") agreed to amend a $1,000,000 principal amount note of the Company held by Warner-Lambert (the "W-L Note") to provide Warner-Lambert the option to convert the W-L Note into an amount of Shares equal to the principal amount of the W-L Note plus accrued interest as of September 23, 1999, divided by the Offer Price. Warner-Lambert has also agreed to tender such Shares in the Offer contingent on the Offeror accepting for payment all Shares validly tendered prior to the Expiration Date. 2 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. Dated: September 23, 1999 CoCensys, Inc. By: /s/ F. Richard Nichol -------------------------------- Name: F. Richard Nichol Title: CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER 3 -----END PRIVACY-ENHANCED MESSAGE-----