-----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, KD50ed77kv6SUD/neoKrXCkzIVO5RgV412Wf+xojoEX73vJkObd2Wqjkr4FoyVuY g/1i24j5phudIVmwFPpDWA== 0000024741-04-000528.txt : 20041115 0000024741-04-000528.hdr.sgml : 20041115 20041115150020 ACCESSION NUMBER: 0000024741-04-000528 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041115 DATE AS OF CHANGE: 20041115 GROUP MEMBERS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVANEX CORP CENTRAL INDEX KEY: 0001056794 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943285348 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60829 FILM NUMBER: 041144454 BUSINESS ADDRESS: STREET 1: 40919 ENCYCLOPEDIA CIRCLE CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5108974172 MAIL ADDRESS: STREET 1: 40919 ENCYCLOPEDIA CIRCLE CITY: FREMONT STATE: CA ZIP: 94538 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CORNING INC /NY CENTRAL INDEX KEY: 0000024741 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 160393470 STATE OF INCORPORATION: NY FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 BUSINESS PHONE: 6079749000 MAIL ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 FORMER COMPANY: FORMER CONFORMED NAME: CORNING GLASS WORKS DATE OF NAME CHANGE: 19890512 SC 13D/A 1 avanex.txt SCHEDULE 13D/A FOR AVANEX UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3) Avanex Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 05348W 10 9 - -------------------------------------------------------------------------------- (CUSIP Number) Denise A. Hauselt, Esq. Deborah McLean Quinn, Esq. Secretary and Assistant General Counsel Nixon Peabody LLP Corning Incorporated Clinton Square Suite 1300 One Riverfront Plaza Rochester, New York 14604 Corning, New York 14830-0001 Telephone: 585-263-1307 Telephone: 607-974-9000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 10, 2004 - -------------------------------------------------------------------------------- (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 this schedule because of ss.ss. 240.13d-1(e), 240.13d01(f) or 240.13d-1(g), check the following box |_|. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7(b) 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 the 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). SCHEDULE 13D CUSIP No. 05348W109 - -------------------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Corning Incorporated I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS 16-0393470 - -------------------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) X - -------------------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 4 SOURCE OF FUNDS* - -------------------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) - -------------------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - --------- ---------------------------------------------------------------------- - --------------------------------- -------- ------------------------------------- NUMBER OF 7 SOLE VOTING POWER 17,179,634 shares SHARES -------- ------------------------------------- -------- ------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY -------- ------------------------------------- -------- ------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 17,179,634 shares REPORTING -------- ------------------------------------- -------- ------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0 -------- ------------------------------------- - --------- ---------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,179,634 - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.9% - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - --------- ---------------------------------------------------------------------- SCHEDULE 13D This Amendment No. 3 to Schedule 13D is filed by Corning Incorporated ("Corning"), a New York corporation, in connection with shares of the Common Stock, par value $.001 per share, of Avanex Corporation ("Avanex" or "Issuer"), a Delaware corporation with offices at 40919 Encyclopedia Circle, Fremont, California 94538. Item 1. Security and Issuer. This Amendment No. 3 to Schedule 13D relates to shares of the Common Stock, par value $.001 per share ("Common Stock") of Avanex Corporation (the "Issuer" or "Avanex"). The Issuer's principal executive office is located at 40919 Encyclopedia Circle, Fremont, California 94538. Based upon Avanex's Form 10-Q Quarterly Report for the period ended September 30, 2004, Avanex had 144,001,957 shares of Avanex Common Stock issued and outstanding on November 1, 2004. This Amendment No. 3 reflects a decrease in the percentage ownership of the Issuer's shares resulting the sale of shares of Avanex Common Stock by Corning. Item 2. Identity and Background. Corning is organized as a corporation under the laws of the State of New York, and its business address is One Riverfront Plaza, Corning, New York 14831. The names, business addresses, principal occupations and citizenship of the directors and executive officers of Corning are set forth in Annex A hereto and are incorporated herein by reference. None of Corning or its directors or executive officers, has, during the last five years, been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he, she or it is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 4. Purpose of Transaction As described in Item 4 of Schedule 13D filed on May 22, 2003, and pursuant to the Stockholders' Agreement, a copy of which is filed therewith as Exhibit 99.3 and which is incorporated herein by reference, Joseph A. Miller, Executive Vice President and Chief Technology Officer of Corning, serves as a member of the Board of Directors of Avanex. Item 5. Interest in Securities of the Issuer Corning owns 17,179,634 shares of Avanex Common Stock, or 11.9% of the outstanding. Corning has the sole power to vote 17,179,634 shares of Avanex Common Stock and does not share voting power with respect to any shares of Avanex Common Stock. On November 4, 2004, Corning sold 426,500 shares of Avanex Common Stock in the open market at a price per share of $3.02. On November 5, 2004, Corning sold 400,000 shares of Avanex Common Stock in the open market at a price per share of $3.09. On November 8, 2004, Corning sold 300,000 shares of Avanex Common Stock in the open market at a price per share of $3.06. On November 9, 2004, Corning sold 259,200 shares of Avanex Common Stock in the open market at a price per share of $3.01. On November 10, 2004, Corning sold 248,500 shares of Avanex Common Stock in the open market at a price per share of $2.96. On November 11, 2004, Corning sold 317,200 shares of Avanex Common Stock in the open market at a price per share of $2.96. On November 12, 2004, Corning sold 277,400 shares of Avanex Common Stock in the open market at a price per share of $2.95. On November 15, 2004, Corning sold 66,108 shares of Avanex Common Stock in the open market at a price per share of $3.0306. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Other than the Purchase Agreement and the Stockholders' Agreement, the terms of which are described in Amendment No. 1 to Schedule 13D, filed on July 31, 2003, and copies of which were filed therewith and which are incorporated herein by reference, and the Agreement Relating to Gift of Shares of the Common Stock of Avanex Corporation, the terms of which are described in Amendment No. 2 to Schedule 13D, filed on December 29, 2003, and a copy of which is filed therewith and which is incorporated herein by reference, there are no contracts, arrangements, understandings or relationships among Corning or, to the best knowledge of Corning, among any of Corning's executive officers and directors or, to the their knowledge, between any of Corning's executive officers and directors and any other person, with respect to the shares of Avanex Common Stock. No additional changes are made by this Amendment No. 3. Signature After reasonable inquiry and to the best of the undersigned's knowledge and belief I certify that the information set forth in this statement is true, complete and correct. Dated: November 15, 2004 Corning Incorporated By: /s/ Katherine Asbeck ------------------------------------- Print Name: Katherine Asbeck Title: Senior Vice President and Controller Annex A to Schedule 13D Executive Officers of Corning Incorporated (all with business addresses at One Riverfront Plaza, Corning, New York 14831):
- ------------------------------------------- ---------------------------------------- ---------------------------------------- Name: Citizenship: Title: - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Larry Aiello United States President & Chief Executive Officer, Corning Cable Systems - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Katherine A. Asbeck United States Senior Vice President - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Robert B. Brown United States Senior Vice President - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Robert L. Ecklin United States Executive Vice President - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- William D. Eggers United States Senior Vice President - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- James B. Flaws* United States Vice Chairman & Chief Financial Officer - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Kirk R. Gregg United States Executive Vice President & Chief Administrative Officer - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- James R. Houghton* United States Chairman of the Board & Chief Executive Officer - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Donald B. McNaughton United States Senior Vice President - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Joseph A. Miller United States Executive Vice President & Chief Technology Officer - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Mark S. Rogus United States Vice President & Treasurer - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Pamela C. Schneider United States Senior Vice President & Operations Chief of Staff - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Peter F. Volanakis* United States Vice President, Corning Technologies - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Wendell P. Weeks* United States President & Chief Operating Officer - ------------------------------------------- ---------------------------------------- ---------------------------------------- *Also a member of the Board of Directors
Non-Employee Directors of Corning Incorporated (all with business addresses at One Riverfront Plaza, Corning, New York 14831):
- ------------------------------------------- ---------------------------------------- ---------------------------------------- Name: Citizenship: Title: - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- John Seely Brown United States Retired Chief Scientist, Xerox Corporation - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Gordon Gund United States Chairman & Chief Executive Officer, Gund Investment Corp. - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Jeremy R. Knowles United States Amory Houghton Professor of Chemistry & Biochemistry, Harvard University - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- John M. Hennessy United States Senior Advisor, Credit Suisse First Boston - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- James J. O'Connor United States Retired Chairman of the Board & Chief Executive Officer, Unicom Corporation - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Deborah Rieman United States Retired President & Chief Executive Officer, Check Point Software Technologies, Inc. - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- H. Onno Ruding The Netherlands Retired Vice President, Citicorp & Citibank, N.A. - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Eugene C. Sit United States Chairman, Chief Executive Officer & Chief Investment Officers, Sit Investment Associates, Inc. - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- William D. Smithburg United States Retired Chairman, President & Chief Executive Officer, The Quaker Oats Company - ------------------------------------------- ---------------------------------------- ---------------------------------------- - ------------------------------------------- ---------------------------------------- ---------------------------------------- Hansel E. Tookes II United States Retired Chairman & Chief Executive Officer, Raytheon Aircraft Company - ------------------------------------------- ---------------------------------------- ----------------------------------------
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