SC TO-I/A 1 dsctoia.htm AMENDMENT NO. 2 TO SCHEDULE TO-I Amendment No. 2 to Schedule TO-I
Table of Contents

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

AMENDMENT NO. 2 to

SCHEDULE TO

(Rule 13e-4)

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

JDS UNIPHASE CORPORATION

(Name Of Subject Company (Issuer) and Filing Person (Offeror))

 

 

Options to Purchase Common Stock, Par Value $0.001 Per Share

(Title of Class of Securities)

 

 

46612J507

(CUSIP Number of Class of Securities) (Underlying Common Stock)

 

 

JDS Uniphase Corporation

Andrew Pollack

430 North McCarthy Boulevard

Milpitas, California 95035

(408) 546-5000

(Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons)

 

 

Copies to:

Dean Fealk, Esq.

Sanjay Shirodkar, Esq.

DLA Piper LLP (US)

555 Mission Street, Suite 2400

San Francisco, California 94105

 

 

CALCULATION OF FILING FEE

 

 

 

Transaction Valuation*   Amount of Filing fee**

$4,775,996

  $341

 

 

* Calculated solely for purposes of determining the filing fee. The calculation of the Transaction Valuation assumes that all options to purchase shares of common stock of JDS Uniphase Corporation that may be eligible for exchange in the Exchange Program will be exchanged pursuant to the offer. These options cover an aggregate of 4,331,401 shares of JDS Uniphase Corporation common stock and have an aggregate value of $4,775,996 as of September 29, 2010.
** The amount of the filing fee, calculated in accordance with Rule 0-11(b) of the Securities Exchange Act of 1934, as amended, equals $71.30 per $1,000,000 of the aggregate amount of the transaction valuation. The Transaction Valuation set forth above was calculated for the sole purpose of determining the amount of filing fee and should not be used for any other purpose.

 

x Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

Amount Previously Paid: $341    Filing Party: JDS Uniphase Corporation
Form or Registration No.: 005-44729    Date Filed: October 6, 2010

 

¨ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

 

¨ third-party tender offer subject to Rule 14d-1.

 

x issuer tender offer subject to Rule 13e-4.

 

¨ going-private transaction subject to Rule 13e-3.

 

¨ amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer:   x

 

 

 


Table of Contents

 

TABLE OF CONTENTS

 

          Page  

ITEM 4.

   TERMS OF TRANSACTION      3   

ITEM 12.

   EXHIBITS      3   

SIGNATURE

     6   

EXHIBIT INDEX

     7   

 

2


Table of Contents

 

EXPLANATORY NOTE

This Amendment No. 2 (this “Amendment No. 2”) amends and supplements the Tender Offer Statement on Schedule TO (the “Schedule TO”) filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2010, as amended by Amendment No. 1 to the Schedule TO filed with the SEC on October 14, 2010, (“Amendment No. 1”), relating to an offer by JDS Uniphase Corporation, a Delaware corporation (the “Company” or “JDSU”), to eligible employees, subject to specified conditions, to voluntarily exchange on a value-for-value basis certain outstanding stock options to purchase JDSU’s common stock, whether vested or unvested, for (i) a lesser number of new restricted stock units (“RSUs”), (ii) a lesser number of replacement options if they are residents of Canada, or (iii) cash if the eligible employees would receive in the aggregate less than 100 RSUs or 100 replacement options upon exchange, each calculated in accordance with applicable exchange ratios set forth in the Offer to Exchange (the “Exchange Program”), on the terms and conditions set forth in the Offer to Exchange Certain Outstanding Stock Options for a Number of Restricted Stock Units, Replacement Options or Cash, dated October 6, 2010 (the “Offer to Exchange”), filed as Exhibit (a)(1)(A) to the Schedule TO, as amended by Amendment No. 1.

This Amendment No. 2 is filed to report the results of the Exchange Program by amending only the item of the Schedule TO included below, and unaffected items are not included herein. Except as specifically provided in this Amendment No. 2, the information contained in the Schedule TO, as amended by Amendment No. 1, remains unchanged. This Amendment No. 2 should be read in conjunction with the Schedule TO and Amendment No. 1. All defined terms used in this Amendment No. 2 have the same meaning as in the Offer to Exchange.

 

ITEM 4. TERMS OF THE TRANSACTION.

Item 4 of the Schedule TO is hereby amended and supplemented by adding the following:

The Exchange Offer expired at 11:59 p.m., Pacific Time, on November 5, 2010. Pursuant to the Exchange Program, 3,555,241 eligible stock options were tendered, representing 83% of the total stock options eligible for exchange in the Exchange Program. All surrendered options were cancelled and the Company granted a total of 230,494 restricted stock units and 64,763 replacement options in exchange therefor, pursuant to the terms of the Offer to Exchange.

 

ITEM 12. EXHIBITS.

The following exhibits are filed with this Schedule TO:

 

              

Incorporated by Reference

Exhibit

No.

  

Description

   Filed
Herewith
  

Form

  

Exhibit No.

   File No.    Filing Date

(a)(1)(A)*

   Offer to Exchange Certain Outstanding Stock Options for a Number of Restricted Stock Units, Replacement Options or Cash, dated October 6, 2010       Sch TO       005-44729    10/06/2010

 

3


Table of Contents

 

              

Incorporated by Reference

Exhibit

No.

  

Description

  

Filed
Herewith

  

Form

  

Exhibit No.

  

File No.

  

Filing Date

(a)(1)(B)*

   Form of Announcement Email to Eligible Employees Regarding Offer to Exchange dated October 6, 2010       Sch TO       005-44729    10/06/2010

(a)(1)(C)*

   Form of Letter to Employees on Leave       Sch TO       005-44729    10/06/2010

(a)(1)(D)*

   Form of Election       Sch TO       005-44729    10/06/2010

(a)(1)(E)*

   Form of Expiration Reminder Email Communication to Eligible Employees       Sch TO       005-44729    10/06/2010

(a)(1)(F)*

   Form of Confirmation Email Communication to Employees       Sch TO       005-44729    10/06/2010

(a)(1)(G)*

   Screenshots of Option Exchange Program Website       Sch TO       005-44729    10/06/2010

(a)(1)(H)*

   PowerPoint Presentation Regarding Offer to Exchange       Sch TO       005-44729    10/06/2010

(a)(1)(I)

   Annual Report on Form 10-K for the fiscal year ended July 3, 2010       10-K       000-22874    08/31/2010

(a)(1)(J)

   Form of Exchange Program Expiration Notice to Eligible Employees    X            

(b)

   Not Applicable               

(d)(1)(A)

   Amended and Restated 1993 Flexible Stock Incentive Plan (as amended for the Exchange Program)       10-Q
14-A
   10.1 App. C    000-22874    02/11/2002
09/25/2009

(d)(1)(B)

   Amended and Restated 2003 Equity Incentive Plan (as amended for the Exchange Program)       14-A
14-A
   App. A    000-22874
000-22874
   09/25/2009
09/25/2009

(d)(1)(C)

   Amended and Restated 2005 Acquisition Equity Incentive Plan (as amended for the Exchange Program)       8-K
14-A
   99.1 App. B    000-22874
000-22874
   08/23/2005
09/25/2009

(d)(1)(D)

   SDL, Inc. 1995 Stock Option Plan (as amended for the Exchange Program)       S-l
14-A
   10.3 App. D    33-87752
000-22874
   03/15/1995
09/25/2009

(d)(1)(E)*

   2003 Amended and Restated Equity Incentive Plan for Employees in France       Sch TO       005-44729    10/06/2010

(d)(1)(F)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for the U.S.)       Sch TO       005-44729    10/06/2010

(d)(1)(G)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for the Rest of World)       Sch TO       005-44729    10/06/2010

 

4


Table of Contents

 

                

Incorporated by Reference

 

Exhibit

No.

  

Description

  

Filed
Herewith

    

Form

  

Exhibit No.

  

File No.

    

Filing Date

 

(d)(1)(H)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for France)       Sch TO         005-44729         10/06/2010   

(d)(l)(l)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for China)       Sch TO         005-44729         10/06/2010   

(d)(l)(J)*

   Form of Option Agreement under the Amended and Restated 2003 Equity Incentive Plan (for the Rest of World)       Sch TO         005-44729         10/06/2010   

(g)

   Not Applicable               

(h)

   Not Applicable               

 

* Previously filed as an exhibit to the Schedule TO

 

5


Table of Contents

 

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.

 

JDS UNIPHASE CORPORATION

By:

 

/S/    DAVID VELLEQUETTE        

  David Vellequette
 

Executive Vice President and Chief

Financial Officer

Date: November 10, 2010

 

6


Table of Contents

 

EXHIBIT INDEX

 

              

Incorporated by Reference

Exhibit

No.

  

Description

  

Filed
Herewith

  

Form

  

Exhibit No.

  

File No.

  

Filing Date

(a)(1)(A)*

   Offer to Exchange Certain Outstanding Stock Options for a Number of Restricted Stock Units, Replacement Options or Cash, dated October 6, 2010       Sch TO       005-44729    10/06/2010

(a)(1)(B)*

   Form of Announcement Email to Eligible Employees Regarding Offer to Exchange dated October 6, 2010       Sch TO       005-44729    10/06/2010

(a)(1)(C)*

   Form of Letter to Employees on Leave       Sch TO       005-44729    10/06/2010

(a)(1)(D)*

   Form of Election       Sch TO       005-44729    10/06/2010

(a)(1)(E)*

   Form of Expiration Reminder Email Communication to Eligible Employees       Sch TO       005-44729    10/06/2010

(a)(1)(F)*

   Form of Confirmation Email Communication to Employees       Sch TO       005-44729    10/06/2010

(a)(1)(G)*

   Screenshots of Option Exchange Program Website       Sch TO       005-44729    10/06/2010

(a)(1)(H)*

   PowerPoint Presentation Regarding Offer to Exchange       Sch TO       005-44729    10/06/2010

(a)(1)(I)

   Annual Report on Form 10-K for the fiscal year ended July 3, 2010       10-K       000-22874    08/31/2010

(a)(1)(J)

   Form of Exchange Program Expiration Notice to Eligible Employees    X            

(b)

   Not Applicable               

(d)(1)(A)

   Amended and Restated 1993 Flexible Stock Incentive Plan (as amended for the Exchange Program)      

10-Q

14-A

   10.1 App. C    000-22874    02/11/2002
09/25/2009

(d)(1)(B)

   Amended and Restated 2003 Equity Incentive Plan (as amended for the Exchange Program)      

14-A

14-A

   App. A    000-22874
000-22874
   09/25/2009
09/25/2009

(d)(1)(C)

   Amended and Restated 2005 Acquisition Equity Incentive Plan (as amended for the Exchange Program)      

8-K

14- A

   99.1 App. B    000-22874
000-22874
   08/23/2005
09/25/2009

(d)(1)(D)

   SDL, Inc. 1995 Stock Option Plan (as amended for the Exchange Program)      

S-l 1

4-A

   10.3 App. D    33-87752
000-22874
   03/15/1995
09/25/2009

(d)(1)(E)*

   2003 Amended and Restated Equity Incentive Plan for Employees in France       Sch TO       005-44729    10/06/2010

 

7


Table of Contents

 

                

Incorporated by Reference

Exhibit

No.

  

Description

  

Filed
Herewith

    

Form

  

Exhibit No.

  

File No.

  

Filing Date

(d)(1)(F)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for the U.S.)       Sch TO       005-44729    10/06/2010

(d)(1)(G)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for the Rest of World)       Sch TO       005-44729    10/06/2010

(d)(1)(H)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for France)       Sch TO       005-44729    10/06/2010

(d)(l)(l)*

   Form of Restricted Stock Units Agreement under the Amended and Restated 2003 Equity Incentive Plan (for China)       Sch TO       005-44729    10/06/2010

(d)(l)(J)*

   Form of Option Agreement under the Amended and Restated 2003 Equity Incentive Plan (for the Rest of World)       Sch TO       005-44729    10/06/2010

(g)

   Not Applicable               

(h)

   Not Applicable               

 

* Previously filed as an exhibit to the Schedule TO

 

8