Transaction Valuation * | Amount of Filing Fee * | |
$16,280,970.00 | $639.85 |
* | Calculated solely for purposes of determining the filing fee. This amount assumes that options to purchase 5,057,699 shares of Common Stock, $0.001 par value, of Power Integrations, Inc. will be purchased pursuant to this offer for an aggregate value of $16,280,970.00 in cash. The actual transaction value will be based on the number of options tendered, if any, which may result in a lesser aggregate amount. The amount of the filing fee, calculated in accordance with Rule 0-11(b) of the Securities Exchange Act of 1934, as amended, and Fee Advisory No. 6 for fiscal year 2008, equals $39.30 per million dollars of the value of the transaction. The transaction valuation set forth above was calculated for the sole purpose of determining the filing fee and should not be used for any other purpose. | |
þ | 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: $639.85
|
Filing Party: Power Integrations, Inc. | ||
Form
or Registration Number: 005-52867
|
Date Filed: December 3, 2008 |
o | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
o | third-party tender offer subject to Rule 14d-1. | |
þ | issuer tender offer subject to Rule 13e-4. | |
o | going private transaction subject to Rule 13e-3. | |
o | amendment to Schedule 13D under Rule 13d-2. |
Exhibit | ||
Number | Description | |
(a)(1)
|
Offer to Purchase For Cash Employee Stock Options Under the 2007 Equity Incentive Plan and 1997 Stock Option Plan, dated December 3, 2008, as amended December 8, 2008. | |
(a)(2)*
|
Form of Introductory Letter. | |
(a)(2)(A)**
|
Form of Introductory Letter Regarding Revised Offer to Purchase. | |
(a)(3)**
|
Form of Letter of Transmittal. | |
(a)(4)**
|
Form of Email to Eligible Employees Announcing Offer to Purchase.* | |
(a)(5)**
|
Form of Election Withdrawal Notice. | |
(a)(6)**
|
Form of Reminder Notice of Expiration of Offer. | |
(a)(7)**
|
Form of Email to Eligible Employees Announcing Revised Offer to Purchase. | |
(a)(8)**
|
Form of Slide Presentation to Employees. | |
(a)(9)**
|
Form of Email Announcing Timing of Presentation to Employees. | |
(a)(10)
|
The Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as filed with the Securities and Exchange Commission on March 10, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(10 A)
|
The Companys Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2008, as filed with the Securities and Exchange Commission on May 9, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(11)
|
The Companys Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2008, as filed with the Securities and Exchange Commission on August 8, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(12)
|
The Companys Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2008, as filed with the Securities and Exchange Commission on November 7, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(13)
|
The Companys Definitive Proxy Statement for the Companys 2008 Annual Meeting of Stockholders, as filed with the Securities and Exchange Commission on April 28, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(14)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on February 4, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(15)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on February 8, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(16)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on April 25, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(17)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on June 19, 2008 (File No. 000-23441) (incorporated herein by reference). |
3.
Exhibit | ||
Number | Description | |
(a)(18)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on June 25, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(19)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on July 25, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(20)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on August 5, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(21)
|
A description of the Companys Common Stock contained in the Registration Statement filed with the Securities and Exchange Commission on Form 8-A, as filed on December 1, 1997 (File No. 000-23441), under Section 12(g) of the Securities Exchange Act of 1934, as amended, together with any amendments or reports filed for the purposes of updating such description (incorporated herein by reference). | |
(b)
|
Not applicable. | |
(d)(1)
|
2007 Equity Incentive Plan, and amendment and restatement of the 1997 Stock Option Plan, as filed with the Securities and Exchange Commission as the like-described exhibit to the Companys Current Report on Form 8-K on February 4, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(d)(2)
|
1997 Stock Option Plan (as amended through January 25, 2005), as filed with the Securities and Exchange Commission as Exhibit 10.5 to the Companys Quarterly Report on Form 10-Q on May 6, 2005 (File No. 000-23441) (incorporated herein by reference). | |
(d)(3)
|
Forms of Option Agreements under the 1997 Stock Option Plan as filed with the Securities and Exchange Commission as the like-described exhibit to the Companys Annual Report on Form 10-K on August 8, 2007 (File No. 000-23441) (incorporated herein by reference). | |
(d)(4)*
|
Forms of Option Agreements under the 2007 Equity Incentive Plan. | |
(g)
|
Not applicable. | |
(h)
|
Not applicable. |
* |
Previously filed with the Schedule TO filed with the Securities and Exchange Commission on December 3, 2008, and incorporated herein by reference. | |
** |
Previously filed with Amendment No. 1 to the Schedule TO filed with the Securities and Exchange Commission on December 8, 2008, and incorporated herein by reference. |
4.
POWER INTEGRATIONS, INC. |
||||
By: | /s/ Bill Roeschlein | |||
Bill Roeschlein | ||||
Chief Financial Officer |
5.
Exhibit | ||
Number | Description | |
(a)(1)
|
Offer to Purchase For Cash Employee Stock Options Under the 2007 Equity Incentive Plan and 1997 Stock Option Plan, dated December 3, 2008, as amended December 8, 2008. | |
(a)(2)*
|
Form of Introductory Letter. | |
(a)(2)(A)**
|
Form of Introductory Letter Regarding Revised Offer to Purchase. | |
(a)(3)**
|
Form of Letter of Transmittal. | |
(a)(4)**
|
Form of Email to Eligible Employees Announcing Offer to Purchase.* | |
(a)(5)**
|
Form of Election Withdrawal Notice. | |
(a)(6)**
|
Form of Reminder Notice of Expiration of Offer. | |
(a)(7)**
|
Form of Email to Eligible Employees Announcing Revised Offer to Purchase. | |
(a)(8)**
|
Form of Slide Presentation to Employees. | |
(a)(9)**
|
Form of Email Announcing Timing of Presentation to Employees. | |
(a)(10)
|
The Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as filed with the Securities and Exchange Commission on March 10, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(10)(A)
|
The Companys Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2008, as filed with the Securities and Exchange Commission on May 9, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(11)
|
The Companys Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2008, as filed with the Securities and Exchange Commission on August 8, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(12)
|
The Companys Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2008, as filed with the Securities and Exchange Commission on November 7, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(13)
|
The Companys Definitive Proxy Statement for the Companys 2008 Annual Meeting of Stockholders, as filed with the Securities and Exchange Commission on April 28, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(14)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on February 4, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(15)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on February 8, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(16)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on April 25, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(17)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on June 19, 2008 (File No. 000-23441) (incorporated herein by reference). |
6.
Exhibit | ||
Number | Description | |
(a)(18)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on June 25, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(19)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on July 25, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(20)
|
The Companys Current Report on Form 8-K, as filed with the Securities and Exchange Commission on August 5, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(a)(21)
|
A description of the Companys Common Stock contained in the Registration Statement filed with the Securities and Exchange Commission on Form 8-A, as filed on December 1, 1997 (File No. 000-23441), under Section 12(g) of the Securities Exchange Act of 1934, as amended, together with any amendments or reports filed for the purposes of updating such description (incorporated herein by reference). | |
(b)
|
Not applicable. | |
(d)(1)
|
2007 Equity Incentive Plan, and amendment and restatement of the 1997 Stock Option Plan, as filed with the Securities and Exchange Commission as the like-described exhibit to the Companys Current Report on Form 8-K on February 4, 2008 (File No. 000-23441) (incorporated herein by reference). | |
(d)(2)
|
1997 Stock Option Plan (as amended through January 25, 2005), as filed with the Securities and Exchange Commission as Exhibit 10.5 to the Companys Quarterly Report on Form 10-Q on May 6, 2005 (File No. 000-23441) (incorporated herein by reference). | |
(d)(3)
|
Forms of Option Agreements under the 1997 Stock Option Plan as filed with the Securities and Exchange Commission as the like-described exhibit to the Companys Annual Report on Form 10-K on August 8, 2007 (File No. 000-23441) (incorporated herein by reference). | |
(d)(4)*
|
Forms of Option Agreements under the 2007 Equity Incentive Plan. | |
(g)
|
Not applicable. | |
(h)
|
Not applicable. |
*
|
Previously filed with the Schedule TO filed with the Securities and Exchange Commission on December 3, 2008, and incorporated herein by reference. | |
** |
Previously filed with Amendment No. 1 to the Schedule TO filed with the Securities and Exchange Commission on December 8, 2008, and incorporated herein by reference. |
7.