-----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, HUub74fD9VZeV5rVmOCedJfIBR1XfJ7/idt9+L5PGMdzcmYu10/emzLzwlSoQiBq MAVIz/R5C2HDrYO4XvALhA== 0000024741-05-000500.txt : 20050908 0000024741-05-000500.hdr.sgml : 20050908 20050908164213 ACCESSION NUMBER: 0000024741-05-000500 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050908 DATE AS OF CHANGE: 20050908 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: 051075674 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 sched13da5.txt SCHEDULE 13D AMENDMENT NO. 5 SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5) 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) September 7, 2005 - ------------------------------------------------------------------------------- (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). - 2 - 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 - --------- ---------------------------------------------------------------------- - --------------------------------- -------- ------------------------------------- 7 SOLE VOTING POWER 10,737,272 shares NUMBER OF SHARES 8 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 10,737,272 shares PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - --------------------------------- -------- ------------------------------------ - --------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,737,272 - --------- --------------------------------------------------------------------- - --------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - --------- --------------------------------------------------------------------- - --------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.4% - --------- --------------------------------------------------------------------- - --------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - --------- --------------------------------------------------------------------- CUSIP No. 05348W109 SCHEDULE 13D This Amendment No. 5 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. 5 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 information received from Avanex, Avanex had 145,413,869 shares of Avanex Common Stock issued and outstanding on September 6, 2005. This Amendment No. 5 reflects a decrease in the percentage ownership of the Issuer's shares resulting from 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 as of September 8, 2005, 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 3. Source and Amount of Funds or Other Consideration Not applicable. 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. Dr. Miller has notified Avanex that he will not serve as a member of the Board of Directors of Avanex after October 27, 2005. Item 5. Interest in Securities of the Issuer As of September 8, 2005, Corning owns 10,737,272 shares of Avanex Common Stock, or 7.4% of the outstanding. Corning has the sole power to vote 10,737,272 shares of Avanex Common Stock and does not share voting power with respect to any shares of Avanex Common Stock. Corning has the sole dispositive power with respect to 10,737,272 shares of Avanex Common Stock and does not share dispositive power with respect to any shares of Avanex Common Stock. On August 30, 2005, Corning sold 27,100 shares of Avanex Common Stock in the open market at an average price per share of $0.85. On August 31, 2005, Corning sold 450,000 shares of Avanex Common Stock in the open market at an average price per share of $0.81. On September 1, 2005, Corning sold 232,000 shares of Avanex Common Stock in the open market at an average price per share of $0.82. On CUSIP No. 05348W109 SCHEDULE 13D September 2, 2005, Corning sold 250,000 shares of Avanex Common Stock in the open market at an average price per share of $0.80. On September 6, 2005, Corning sold 250,000 shares of Avanex Common Stock in the open market at an average price per share of $0.81. On September 7, 2005, Corning sold 938,354 shares of Avanex Common Stock in the open market at an average price per share of $0.81. 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. Item 7. Material to Be Filed as Exhibits Not applicable. 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: September 8, 2005 Corning Incorporated By: /S/ DENISE A. HAUSELT ------------------------------------------- Print Name: Denise A. Hauselt, Esq. Title: Secretary and Assistant General Counsel CUSIP No. 05348W109 SCHEDULE 13D 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 & Corporate Controller - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Robert B. Brown United States Executive Vice President - Environmental Technologies - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Robert L. Ecklin United States Executive Vice President - Environmental Technologies & Strategic Growth - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- William D. Eggers United States Senior Vice President & General Counsel - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- 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 - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Donald B. McNaughton United States Senior Vice President - Display - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Lawrence D. McRae United States Senior Vice President, Corporate Development - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Joseph A. Miller United States Executive Vice President & Chief Technology Officer - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Eric S. Musser United States Vice President and General Manager, Optical Fiber - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Mark S. Rogus United States Senior Vice President & Treasurer - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Pamela C. Schneider United States Senior Vice President & Operations Chief of Staff - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Peter F. Volanakis* United States Chief Operating Officer - ------------------------ --------------- -------------------------------------- - ------------------------ --------------- -------------------------------------- Wendell P. Weeks* United States President & Chief Executive Officer - ------------------------ --------------- -------------------------------------- *Also a member of the Board of Directors CUSIP No. 05348W109 SCHEDULE 13D 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 - --------------------- ----------------- --------------------------------------- - --------------------- ----------------- --------------------------------------- Padmasree Warrior United States Executive Vice President and Chief Technology Officer, Motorola, Inc. - ---------------------- ---------------- ---------------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----