-----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, N1MLwPl2gnO3I3Rml3NpIh8hL69hLdiiCw8+F4ge+G4GYUMtYwbTOLW+l0d+J4ta W0ELT9BcnKtd6bOgm0+X+Q== 0000950123-01-001738.txt : 20010226 0000950123-01-001738.hdr.sgml : 20010226 ACCESSION NUMBER: 0000950123-01-001738 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010223 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ZAPME CORP CENTRAL INDEX KEY: 0001084561 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 911836242 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-58317 FILM NUMBER: 1553446 BUSINESS ADDRESS: STREET 1: 3000 EXECUTIVE PKWY SUITE 150 CITY: SAN RAMON STATE: CA ZIP: 94583 BUSINESS PHONE: 9255430300 MAIL ADDRESS: STREET 1: 3000 EXECUTIVE PKWY SUITE 150 CITY: SAN RAMON STATE: CA ZIP: 94583 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GILAT SATELLITE NETWORKS LTD CENTRAL INDEX KEY: 0000897322 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O GILAT SATELLITE NETWORKS INC STREET 2: 1651 OLD MEADOW RD CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 7037349401 MAIL ADDRESS: STREET 1: GILAT HOUSE YEGIA KAPAYIM STREET STREET 2: DANIV PARK CITY: KIRYAT ARYE PETAH TI STATE: L3 ZIP: 00000 SC 13D/A 1 y45882sc13da.txt AMENDMENT NO. 6 TO SCHEDULE 13D 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 6/SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) ZAPME! CORPORATION (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE (Title of Class of Securities) 98912E 10 0 (CUSIP Number of Class of Securities) GILAT SATELLITE NETWORKS LTD. 1651 OLD MEADOW ROAD MCLEAN, VIRGINIA 22102 (703) 734-9401 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) COPY TO: STEVEN G. TEPPER, ESQ. ARNOLD & PORTER 399 PARK AVENUE NEW YORK, NEW YORK 10022-4690 TEL: (212) 715-1000 FAX: (212) 715-1399 JANUARY 5, 2001 (Date of Event which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing the schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. Seess.240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 2 CUSIP No. 98912E 10 0 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. GILAT SATELLITE NETWORKS LTD. I.R.S. Identification Nos. of above persons (entities only). NOT APPLICABLE - ----------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ................................................................ (b) ................................................................ - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds (See Instructions) WC - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)................................... - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization ISRAEL -------------------------------------------------------------- 7. Sole Voting Power ....................................... Number of Shares -------------------------------------------------------------- Beneficially 8. Shared Voting Power 22,418,091 SHARES Owned by Each -------------------------------------------------------------- Reporting 9. Sole Dispositive Power .................................. Person With -------------------------------------------------------------- 10. Shared Dispositive Power.................................. - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 22,418,091 SHARES - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 51% - -------------------------------------------------------------------------------- 14. Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- - 2 - 3 This Amendment No. 6 to Schedule 13D (this "Amendment No. 6"), amends and supplements the Schedule 13D filed by Gilat Satellite Networks Ltd., an Israeli corporation ("Gilat") on October 12, 2000 (as amended by the Tender Offer Statement on Schedule TO, filed by Gilat on October 17, 2000 (as amended on October 19, 2000, November 3, 2000, November 15, 2000 and November 28, 2000)). ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Pursuant to the Tender Offer Agreement, dated October 3, 2000 (the "Tender Offer Agreement"), among Gilat, the Company and the stockholders of the Company listed on Schedules A and B thereto, Gilat offered to purchase (the "Offer") up to the number of shares of common stock, par value $.01 per share (the "Shares"), of the Company, which together with the number of Shares Gilat beneficially owned, constitutes 51% of the Outstanding Shares. "Outstanding Shares" means the total number of shares outstanding as of the last business day prior to the consummation of the Offer. On November 27, 2000, Gilat accepted for payment, and paid for, 16,793,752 Shares tendered in the Offer. Such Shares represented approximately 38% of the Outstanding Shares. By a letter agreement dated December 6, 2000 (the "Letter Agreement"), among Gilat and the stockholders of the Company listed on Schedule A thereto (the "Schedule A Stockholders"), Gilat agreed to exercise its option, as contemplated by Section 2.2 of the Tender Offer Agreement, to purchase from the Schedule A Stockholders no later than January 5, 2001, a total of 5,075,691 Shares, which provided Gilat with beneficial ownership of 51% of the Outstanding Shares. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER The Letter Agreement is filed as Exhibit 2(b) to this Amendment No. 6. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS The following exhibit is filed herewith: 2(b) Letter Agreement, dated December 6, 2000, between Gilat Satellite Networks Ltd. and certain stockholders of the Company listed on Schedule A thereto. - 3 - 4 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. FEBRUARY 23, 2001 - -------------------------------------------------------------------------------- Date /S/ YOAV LEIBOVITCH - -------------------------------------------------------------------------------- Signature YOAV LEIBOVITCH, CHIEF FINANCIAL OFFICER AND VICE PRESIDENT OF FINANCE AND ADMINISTRATION - -------------------------------------------------------------------------------- Name/Title - 4 - 5 INDEX OF EXHIBITS
Exhibit No. Description ----------- ----------- 2(b) Letter Agreement, dated December 6, 2000, between Gilat Satellite Networks Ltd. and certain stockholders of the Company listed on Schedule A thereto.
- 5 - EX-99.2.B 2 y45882ex99-2_b.txt LETTER AGREEMENT 1 GILAT SATELLITE NETWORKS LTD. 21/D YEGIA KAPAYIM STREET DANIV PARK, KIRYAT ARYE PETAH TIKVA, ISRAEL December 6, 2000 The Stockholders of ZapMe! Corporation Named on Schedule A hereto Re: Exercise of Option under Tender Offer Agreement Ladies and Gentlemen: Pursuant to Section 2.2 of the Tender Offer Agreement, dated October 3, 2000 (the "Agreement"), by and among Gilat Satellite Networks Ltd. ("Gilat"), ZapMe! Corporation (the "Company"), and the stockholders of the Company listed on Schedules A and B thereto, Gilat hereby exercises the option to purchase from the stockholders of the Company listed on Schedule attached thereto (the "Schedule A Stockholders") a total of 5,075,691 million shares of common stock, par value $.01 (the "Shares"), of the Company currently held by such Schedule A Stockholders, which together with the Shares beneficially owned by Gilat and validly tendered in Gilat's tender offer (the "Offer") for the Shares, will provide Gilat with beneficial ownership of 51% of the Shares outstanding as of the last business day prior to the consummation of the Offer. Notwithstanding Section 2.2 of the Agreement, the Schedule A Stockholders shall deliver to Gilat, against payment therefor of $2.32 per Share, 4,196,550 Shares on the date hereof (the "First Option Closing") and the remaining 879,141 Shares no later than January 5, 2001 (the "Second Option Closing"). Each Schedule A Stockholder will deliver to Gilat the number of Shares set forth opposite such Stockholder's name on Schedule A attached hereto on the date of the First Option Closing and of the Second Option Closing, as the case may be, as indicated therein. Gilat shall pay by wire transfer, in accordance with the wire instructions attached hereto as Schedule B, $9,735,996 for the Shares delivered at the First Option Closing and $2,039,607.10 for the Shares delivered at the Second Option Closing. Sincerely, GILAT SATELLITE NETWORKS LTD. By: /s/ Yoav Liebovitch -------------------------------- Name: Yoav Liebovitch Title: Chief Financial Officer and Vice President of Finance and Administration 2 Schedule A Stockholders December 6, 2000 Page 2 AGREED AND ACCEPTED: THE MORTENSEN 2000 FAMILY RESOURCE TRUST By: /s/ Brian Herrera -------------------------------------------- Name: Brian Herrera Title: Trustee THE MORTENSEN CHARITABLE TRUST By: /s/ Brian Herrera -------------------------------------------- Name: Brian Herrera Title: Trustee CAVCO OF NORTH FLORIDA, INC. By: /s/ Charles Appleby -------------------------------------------- Name: Charles Appleby Title: President MC INVESTMENT TRUST By: /s/ Christopher R. Purrier -------------------------------------------- Name: Christopher R. Purrier Title: Trustee 3 Schedule A Stockholders December 6, 2000 Page 3 THE ARNOUSE CHARITABLE TRUST By: /s/ Christopher Purrier -------------------------------------------- Name: Christopher Purrier, Title: Trustee /s/ Michael Arnouse - ---------------------------------------------------- Name: Michael Arnouse 4 Gilat Option Exercise Schedule A December 6, 2000 % of Schedule A Shares Subject to Option that were acquired 32.20% ========= # Shares First Option closing 4,196,550 82.68% # Shares Second Option Closing 879,141 17.32% --------- ------ Total # of Shares Acquired under Option 5,075,691 100.00% ========= ======
# Shares % of # of % of # Shares # Shares Total Sch A Shareholder Subj to Option Total Sch A Option Shares Shares Owned First Closing Second Closing # Shares - -------------------------- -------------- ----------- ------------- ------------ ------------- -------------- -------- Mortensen Trust 6,600,000 41.87% 2,125,142 32.20% 1,757,054 368,088 2,125,142 Mortensen Charitable Trust 2,000,000 12.69% 643,982 32.20% 532,441 111,542 643,982 Cavco 1,186,885 7.53% 382,167 32.20% 315,973 66,194 382,167 Arnouse 2,776,560 17.61% 894,028 32.20% 739,177 154,851 894,028 MC Investment Trust 700,000 4.44% 225,394 32.20% 186,354 39,040 225,394 Arnouse Charitable Trust 2,500,000 15.86% 804,978 32.20% 665,551 139,427 804,978 ---------- ------- --------- ------ --------- ------- --------- 15,763,445 100.00% 5,075,691 32.20% 4,196,550 879,141 5,075,691 ========== ======= ========= ====== ========= ======= =========
5 SCHEDULE B - WIRE INSTRUCTIONS Allfirst 25 S. Charles Street Baltimore, MD 21201 Account Name: Piper Marbury Rudnick & Wolfe LLP - Attorney Escrow Account Account Number: 074-8809-3 ABA Number: 052000113 Client reference number: 29481-4 Attorney Name: George J. Nemphos -----END PRIVACY-ENHANCED MESSAGE-----