-----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, UmeGagG8NLiWYSnLl3JpFgYRaIj5iD5jOoPtRzTWm0dbtbQhrw1eLmyuh7LznKIv EMFB6ALMy7uga445e9nDBg== 0000891020-07-000329.txt : 20071105 0000891020-07-000329.hdr.sgml : 20071105 20071105172526 ACCESSION NUMBER: 0000891020-07-000329 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071105 DATE AS OF CHANGE: 20071105 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISUAL SCIENCES, INC. CENTRAL INDEX KEY: 0001091158 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 330727173 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-80323 FILM NUMBER: 071215009 BUSINESS ADDRESS: STREET 1: 10182 TELESIS COURT 6TH FL STREET 2: STE 20 5 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8585460040 MAIL ADDRESS: STREET 1: 10182 TELESIS COURT 6TH FLOOR CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: WEBSIDESTORY INC DATE OF NAME CHANGE: 20000404 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Omniture, Inc. CENTRAL INDEX KEY: 0001357525 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 870619936 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ATTN: SHAWN LINDQUIST STREET 2: 550 EAST TIMPANOGOS CIRCLE CITY: OREM STATE: UT ZIP: 84097 BUSINESS PHONE: 801-722-7000 MAIL ADDRESS: STREET 1: ATTN: SHAWN LINDQUIST STREET 2: 550 EAST TIMPANOGOS CIRCLE CITY: OREM STATE: UT ZIP: 84097 FORMER COMPANY: FORMER CONFORMED NAME: Omniture, inc. DATE OF NAME CHANGE: 20060327 SC 13D 1 v34866msc13d.htm SCHEDULE 13D sc13d
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

VISUAL SCIENCES, INC.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
92845H108
(CUSIP Number)
Omniture, Inc.
550 East Timpanogos Circle, Orem Utah 84097
Attention: Shawn J. Lindquist, Chief Legal Officer
(801) 722-7000

Copies to:
Wilson Sonsini Goodrich & Rosati Professional Corporation
Attention: Robert G. O'Connor
Spear Street Tower
One Market, Suite 3300
San Francisco, CA 94105-1126
(415) 947-2000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
October 25, 2007
(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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o

 
 


 

                     
CUSIP No.
 
92845H108 
 
SCHEDULE 13D

 

           
1   NAME OF REPORTING PERSONS:
Omniture, Inc.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 87-0619936
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Delaware
       
  7   SOLE VOTING POWER:
     
NUMBER OF   None
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   2,709,5681
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   None
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    None
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  2,709,5681
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  11.9%1
     
14   TYPE OF REPORTING PERSON
   
  CO
1 As a result of the Voting Agreements and irrevocable proxies described in this Statement, Omniture may be deemed to have beneficial ownership of the above referenced shares of Visual Sciences common stock. Such number of shares includes options and warrants to purchase 1,815,937 shares of Visual Sciences common stock held by the Subject Stockholders (as defined in this Statement). Such numbers are based on information provided to Omniture by Visual Sciences. Based on the number of shares of Visual Sciences common stock outstanding as of October 25, 2007 (as represented by Visual Sciences in the Reorganization Agreement (as described in this Statement)) Omniture may be deemed to have beneficial ownership of approximately 11.9% of the outstanding shares of Visual Sciences common stock. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Omniture that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

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SCHEDULE 13D
Item 1. Security and Issuer.
     This statement on Schedule 13D (this “Statement”) relates to the common stock, par value $0.001 per share of Visual Sciences, Inc., a Delaware Corporation (“Visual Sciences”). Visual Sciences’ principal executive offices are located at 10182 Telesis Court, 6th Floor, San Diego, CA 92121.
Item 2. Identity and Background.
     (a)-(c) This Statement is being filed by Omniture, Inc., a Delaware corporation (“Omniture”). Omniture has its principal office at 550 East Timpanogos Circle, Orem, Utah 84097. The principal business of Omniture is to provide online business optimization software. The name, business address and present principal occupation or employment of each executive officer, director and controlling person of Omniture, and the name, principal place of business and address of any corporation or other organization in which such employment is conducted, are set forth on Schedule I hereto and incorporated herein by reference.
     (d)-(e) During the last five years, neither Omniture nor, to Omniture’s knowledge, any person named in Schedule I hereto, has been: (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is 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.
     (f) The citizenship of each executive officer, director and controlling person of Omniture is set forth on Schedule I.
Item 3. Source and Amount of Funds or Other Consideration.
     The shares of Visual Sciences common stock to which this Statement relates have not been purchased by Omniture, and thus no funds were used for such purpose. As an inducement for Omniture to enter into the Reorganization Agreement (as defined in Item 4 below) and in consideration thereof, the executive officers and directors of Visual Sciences identified in Schedule II (the “Subject Stockholders”) entered into Voting Agreements, dated as of October 25, 2007 (the “Voting Agreements”) with, and granted irrevocable proxies to, Omniture with respect to the Covered Shares as described in Item 4. Omniture did not pay consideration to the Subject Stockholders in connection with the execution and delivery of the Voting Agreements. For a description of the Voting Agreements, see Item 4 below, which description is incorporated herein by reference in response to this Item 3.
Item 4. Purpose of Transaction.
     (a), (b), (d), (g), (h) and (i) As an inducement for Omniture to enter into the Reorganization Agreement (as defined below), the Subject Stockholders entered into the Voting Agreements. The

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purpose of the Voting Agreements is to facilitate the consummation of the transactions contemplated by the Reorganization Agreement.
Reorganization Agreement
     On October 25, 2007, Omniture, Inc., a Delaware corporation (“Omniture”), entered into an Agreement and Plan of Reorganization (the “Reorganization Agreement”) by and among Omniture, Visual Sciences, Inc., a Delaware corporation (“Visual Sciences”), and Voyager Merger Corp, a Delaware corporation (“Merger Sub”). Pursuant to the terms and subject to the conditions set forth in the Reorganization Agreement, Omniture will acquire Visual Sciences by means of a merger of Merger Sub with and into Visual Sciences (the “Merger”), with Visual Sciences continuing as the surviving corporation and wholly-owned subsidiary of Omniture after the Merger. As a result of the Merger, each issued and outstanding share of common stock of Visual Sciences, other than dissenting shares, will be cancelled and automatically converted into the right to receive 0.49 of a share of Omniture common stock and $2.39 in cash. In connection with the Merger, options to purchase Visual Sciences common stock outstanding at the time of the Merger will be assumed by Omniture and converted into options to purchase Omniture common stock based on an option exchange ratio. After the closing of the Merger, Omniture intends to terminate the listing of Visual Sciences’ shares on the Nasdaq Global Market and terminate Visual Sciences’ registration pursuant to the Exchange Act.
     The Merger is subject to customary closing conditions, including obtaining the approval of Omniture’s and Visual Sciences’ stockholders and termination or expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
     Each of Visual Sciences and Omniture has agreed, unless the Reorganization Agreement is terminated earlier, to cause a stockholders meeting to be held, for the purpose of considering approval of the Merger and the Reorganization Agreement, with respect to Visual Sciences’ stockholders and for the purpose of considering approval of the issuance of Omniture’s common stock as provided in the Reorganization Agreement, with respect to Omniture’s stockholders.
Voting Agreements
     In connection with the Reorganization Agreement, Omniture entered into a voting agreement with Visual Sciences and each of the Subject Stockholders (the “Voting Agreement”).
     Pursuant to the Voting Agreements, the Subject Stockholders agreed to vote any shares of Visual Sciences common stock held by them at the time of the Visual Sciences stockholders meeting (the “Covered Shares”) (i) in favor of the adoption of the Reorganization Agreement and in favor of any other actions contemplated by the Reorganization Agreement and any action required in furtherance thereof, (ii) against approval of any proposal made in opposition to, or in competition with, consummation of the Merger and the transactions contemplated by the Reorganization Agreement, (iii) against any of the following actions (other than those actions that relate to the Merger and the transactions contemplated by the Reorganization Agreement): (A) any Acquisition Proposal (as defined in the Reorganization Agreement) or any other merger agreement, merger (other than the Reorganization Agreement and Merger), consolidation, business combination, sale of

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substantial assets, reorganization or recapitalization of Visual Sciences or any subsidiary of Visual Sciences with any party, (B) any sale, lease or transfer of any substantial part of the assets of Visual Sciences or any subsidiary of Visual Sciences, (C) any reorganization, recapitalization, dissolution, liquidation or winding up of Visual Sciences or any subsidiary of Visual Sciences, (D) any material change in the capitalization of Visual Sciences or any subsidiary of Visual Sciences or corporate structure of Visual Sciences or any subsidiary of Visual Sciences, or (E) any other action that would reasonably be expected to impede, interfere with, delay, postpone, discourage or adversely affect the Merger or any other transactions contemplated by the Reorganization Agreement, (iv) in favor of waiving any notice that may have been or may be required relating to any reorganization of Visual Sciences or any subsidiary of Visual Sciences, any reclassification or recapitalization of the capital stock of Visual Sciences or any subsidiary of Visual Sciences, any sale of assets, change of control or acquisition of Visual Sciences or any subsidiary of Visual Sciences by any other person, or any consolidation or merger of Visual Sciences or any subsidiary of Visual Sciences with or into any other person, and (v) in favor of any adjournment or postponement recommended by Visual Sciences with respect to any stockholder meeting with respect to the Reorganization Agreement and the Merger.
     In furtherance of the Subject Stockholders’ covenants under the Voting Agreements, pursuant to the irrevocable proxies delivered pursuant to the Voting Agreements the Subject Stockholders designated certain officers of Omniture, as agent, proxy and attorney-in-fact to vote the Covered Shares in the manner described above.
     The Voting Agreements do not contain any restrictions on the transfer of the shares of Visual Sciences common stock held by the Subject Stockholders.
     The Voting Agreements will terminate upon the earliest to occur of (i) such date as shall be mutually agreed upon in writing by the Visual Sciences, Omniture and the Subject Stockholder, (ii) such date and time as the Merger shall become effective in accordance with the terms and provisions of the Reorganization Agreement or (iii) the termination of the Reorganization Agreement in accordance with the terms thereof.
     Except as set forth in this Statement, the Voting Agreements and the Reorganization Agreement, neither Omniture nor Merger Sub has any present plans or proposals which relate to or would result in any of the actions specified in clauses (c), (e), (f) or (j) of Item 4 of Schedule 13D.
     References to and descriptions of the Voting Agreements and the Reorganization Agreement in this Item 4 and throughout this Statement are qualified in their entirety by reference to the full text of such agreements. The Reorganization Agreement and the Form of Voting Agreement are filed as Exhibit 1 and Exhibit 2, respectively, and are incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
     (a) As a result of the Voting Agreements and irrevocable proxies described in this Statement, Omniture may be deemed to have beneficial ownership of shares of Visual Sciences common stock as described in this Statement. Based on the number of shares of Visual Sciences common stock outstanding as of October 25, 2007 (as represented by Visual Sciences, Inc., in the Reorganization

5


 

Agreement) Omniture may be deemed to have beneficial ownership of approximately 11.9% of the outstanding Visual Sciences common stock. Neither the filing of this Statement on Schedule 13D nor any of its contents shall be deemed to constitute an admission by Omniture that it is the beneficial owner of any of the common stock referred to herein for purposes of Section 13(d) of the Exchange Act, or for any other purpose, and such beneficial ownership is expressly disclaimed. To Omniture’s knowledge, no shares of Common Stock of Visual Sciences are beneficially owned by any of the persons listed on Schedule I.
(b)   Pursuant to the Voting Agreements, Omniture may be deemed to have shared power to vote 2,709,568 shares of Common Stock of Visual Sciences held by the Subject Stockholders (including options and warrants to purchase 1,815,937 shares of Visual Sciences common stock held by the Subject Stockholders). Such numbers are based on information provided to Omniture by Visual Sciences.
 
(c)   To the knowledge of Omniture, no transactions in the common stock of Visual Sciences were effected during the past 60 days or since the most recent filing of Schedule 13D, whichever is less, by the persons named in response to Item 5(a).
 
(d)   To the knowledge of Omniture, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of Visual Sciences.
 
(e)   Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
     Other than as described in Items 3, 4 and 5, to Omniture’s knowledge there are no contracts, arrangements, understandings or relationships (legal or otherwise) between any of the persons named in Item 2 or Schedule I and any person with respect to any securities of Visual Sciences, including, without limitation, the transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or losses, or the giving or withholding of proxies or any pledge or contingency, the occurrence of which would give another person voting or investment power over the securities of Visual Sciences.
Item 7. Material to be Filed as Exhibits.
     See exhibit index.

6


 

SIGNATURE
     After reasonable inquiry and to best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     Dated: November 5, 2007
         
  Omniture, Inc.
 
 
  BY:   /s/ Michael S. Herring   
    Name:   Michael S. Herring   
    Title:   Chief Financial Officer and
Executive Vice President 
 

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EXHIBIT INDEX
     
Exhibit    
Number   Exhibit Name
 
   
1.
  Agreement and Plan of Reorganization, dated as of October 25, 2007, by and among Omniture, Inc., Visual Sciences Inc., and Voyager Merger Corp. (incorporated by reference from Exhibit 2.1 to Omniture’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 31, 2007).
 
   
2.
  Form of Company Voting Agreement, dated as of October 25, 2007, by and among Omniture, Inc., Visual Sciences, Inc., and certain stockholders of Visual Sciences, Inc. (incorporated by reference from Exhibit 10.2 to Omniture’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 31, 2007).

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SCHEDULE I
     This Schedule I sets forth a list of the directors and executive officers of Omniture, the business address and present principal occupation or employment of each such director or executive officer, and the name and address of any corporation or organization in which such employment is conducted. To Omniture’s knowledge, all directors and officers listed below are citizens of the United States. Unless otherwise indicated below, the business address of each person listed below is c/o Omniture, Inc., 550 East Timpanogos Circle, Orem Utah 84097. The principal business of Omniture is to provide online business optimization software.
     
    Present Principal Occupation or Employment and
Name   Name and Principal Business of Employer
 
   
Joshua G. James
  Chief Executive Officer and co-founder
Omniture, Inc.
 
   
John Pestana
  Chairman of the Board, co-founder and
Executive Vice President, Customer Service
Omniture, Inc.
 
   
Fraser Bullock
  Managing Director, Sorenson Capital (Private equity investment partnership)
 
   
Gregory S. Butterfield
  Group President, Altiris Business Group,
Symantec Corp (Internet Security)
 
   
Dana Evan
  Director, Omniture, Inc.
 
   
Mark Gorenberg
  Managing Director,
Hummer Winblad Venture Partners (Venture Capital Group)
 
   
Rory O’Driscoll
  Managing Director, Scale Venture Partners (Venture Capital Group)
 
   
Brett Error
  Chief Technology Officer and
Executive Vice President
Omniture, Inc.
 
   
Christopher C. Harrington
  President, Worldwide Sales and Client Services
Omniture, Inc.
 
   
Michael S. Herring
  Chief Financial Officer and
Executive Vice President
Omniture, Inc.


 

SCHEDULE II
Ownership by Subject Stockholders
     Set forth below are the number of shares of Visual Sciences common stock beneficially owned by the Subject Stockholders as of October 25, 2007. Such number includes options and warrants to purchase 1,815,937 shares of Visual Sciences common stock. Such numbers are based on information provided to Omniture by Visual Sciences.
         
Subject Stockholder   Number of Shares Beneficially Owned  
Jim MacIntyre (including shares held by Valerie MacIntyre)
    974,844  
Claire Long
    143,000  
Dru Greenhalgh
    93,000  
David Rosenthal
    139,501  
Brian Sullivan
    89,302  
Aaron Bird
    89,991  
Ray Rauch
    94,142  
Sheryl Roland
    109,881  
Jeff Lunsford
    519,350  
Anil Arora
    40,750  
Bill Harris
    245,450  
James Mahan III
    56,607  
Kurt Jaggers
    35,000  
C.J. Fitzgerald
    35,000  
Doug Lindroth
    43,750  

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