0001178913-12-002660.txt : 20120919 0001178913-12-002660.hdr.sgml : 20120919 20120919060241 ACCESSION NUMBER: 0001178913-12-002660 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120919 FILED AS OF DATE: 20120919 DATE AS OF CHANGE: 20120919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOWER SEMICONDUCTOR LTD CENTRAL INDEX KEY: 0000928876 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24790 FILM NUMBER: 121098681 BUSINESS ADDRESS: STREET 1: RAMAT GAVRIEL INDUSTRIAL PARK STREET 2: PO BOX 619 CITY: MIGDAL HAEMEK STATE: L3 ZIP: 23105 BUSINESS PHONE: 97246506611 MAIL ADDRESS: STREET 1: RAMAT GAVRIEL INDUSTRIAL PARK STREET 2: PO BOX 619 CITY: MIGDAL HAEMEK STATE: L3 ZIP: 23105 6-K 1 zk1212036.htm 6-K zk1212036.htm


FORM 6-K
 
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

For the month of September 2012 No. 5
 
TOWER SEMICONDUCTOR LTD.
(Translation of registrant's name into English)

Ramat Gavriel Industrial Park
P.O. Box 619, Migdal Haemek, Israel 23105
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x   Form 40-F o
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o   No x
 
 
 

 
 
As previously announced, in October 2010 and February 2012, Tower issued an aggregate amount of approximately $180 million of Series F Debentures which are convertible into ordinary shares of Tower.  

Based on the formula set out in Tower’s October 2010 Israeli shelf offering report for calculating the conversion ratio, which was calculated during the 15 trading days prior to September 18, 2012, and adjusting for Tower’s recent reverse share split, 38.21  NIS face value of Series F Debentures will be convertible into one ordinary share, par value NIS 15.00.
 
 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
TOWER SEMICONDUCTOR LTD.
 
       
Date:  September 19, 2012
By:
/s/ Nati Somekh     
    Nati Somekh     
    Corporate Secretary