-----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, MJXl5oJx1w/FKKd0sl4OQwdFP7g3zyZfbJubVIm+hydWFa0vXeP9kcmX9gkO9B3R /BIy95OjHxtEk4tVgQfgIA== 0000950134-05-008058.txt : 20050426 0000950134-05-008058.hdr.sgml : 20050426 20050425192504 ACCESSION NUMBER: 0000950134-05-008058 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20050426 DATE AS OF CHANGE: 20050425 GROUP MEMBERS: ALAN E. SALZMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FINISAR CORP CENTRAL INDEX KEY: 0001094739 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943038428 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-58463 FILM NUMBER: 05771305 BUSINESS ADDRESS: STREET 1: 1308 MOFFETT PARK DR CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 4085481000 MAIL ADDRESS: STREET 1: 1308 MOFFETT PARK DR CITY: SUNNYVALE STATE: CA ZIP: 94089 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARVER JAMES D CENTRAL INDEX KEY: 0001098347 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 6508663100 MAIL ADDRESS: STREET 1: 1001 BAYHILL DR STREET 2: STE 100 CITY: SAN BRUNO STATE: CA ZIP: 94066 SC 13D 1 f08244sc13d.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
(Amendment No.     )*

Finisar Corporation
(Name of Issuer)

Common Stock
(Title of Class of Securities)

31787A101
(CUSIP Number)

Rodi Guidero
VantagePoint Venture Partners
1001 Bayhill Drive, Suite 300
San Bruno, California 94006
(650) 866-3100
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

April 15, 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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 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 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).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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CUSIP No. 31787A101
  1. Name of Reporting Person:
James D. Marver		 I.R.S. Identification Nos. of above persons (entities only):
  2. Check the Appropriate Box if a Member of a Group (See Instructions):
    (a) o  
    (b) o  
  3. SEC Use Only:
  4. Source of Funds (See Instructions):
WC
  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o
  6. Citizenship or Place of Organization:
U.S.
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power:
0
8. Shared Voting Power:
34,000,000
9. Sole Dispositive Power:
0
10.Shared Dispositive Power:
34,000,000
  11.Aggregate Amount Beneficially Owned by Each Reporting Person:
34,000,000
  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):
13.1%
  14.Type of Reporting Person (See Instructions):
IN

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CUSIP No. 31787A101
  1. Name of Reporting Person:
Alan E. Salzman		 I.R.S. Identification Nos. of above persons (entities only):
  2. Check the Appropriate Box if a Member of a Group (See Instructions):
    (a) o  
    (b) o  
  3. SEC Use Only:
  4. Source of Funds (See Instructions):
WC
  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o
  6. Citizenship or Place of Organization:
Canada
Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power:
0
8. Shared Voting Power:
34,000,000
9. Sole Dispositive Power:
0
10.Shared Dispositive Power:
34,000,000
  11.Aggregate Amount Beneficially Owned by Each Reporting Person:
34,000,000
  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):
13.1%
  14.Type of Reporting Person (See Instructions):
IN

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TABLE OF CONTENTS

Item 1. Security and Issuer.
Item 2. Identity and Background.
Item 3. Source and Amount of Funds or Other Consideration.
Item 4. Purpose of Transaction.
Item 5. Interest in Securities of the Issuer.
Item 6. Contract, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Item 7. Material to Be Filed as Exhibits .
SIGNATURE
EXHIBIT 99.A

Table of Contents

Item 1. Security and Issuer.

     This statement on Schedule 13D (this “Statement”) relates to shares (the “Shares”) of Common Stock, $0.001 par value per share (the “Common Stock”), of Finisar Corporation, a Delaware corporation (“Finisar” or the “Company”). The principal executive offices of Finisar are located at 1308 Moffett Park Drive, Sunnyvale, California 94089.

Item 2. Identity and Background.

          (a), (b), (c) and (f).

     This Statement is filed by (1) James D. Marver and (2) Alan E. Salzman. Messrs. Marver and Salzman are hereinafter referred to as the “Reporting Persons.”

     James D. Marver and Alan E. Salzman are managing members of VantagePoint Venture Associates III, L.L.C. (“VP III LLC”) and VantagePoint Venture Associates IV, L.L.C. (“VP IV LLC”), each of which is a Delaware limited liability company. VP III LLC is the general partner of VantagePoint Venture Partners III (Q), L.P. (“VP III (Q) LP”) and VantagePoint Venture Partners III, L.P. (“VP III LP”) , each a Delaware limited partnership. VP IV LLC is the general partner of VantagePoint Venture Partners IV (Q), L.P. (“VP IV (Q) LP”), VantagePoint Venture Partners IV Principals Fund, L.P. (“VP Fund LP”) and VantagePoint Venture Partners IV, L.P. (“VP Partners LP”), each a Delaware limited partnership. VP III (Q) LP, VP III LP, VP IV (Q) LP, VP Partners LP and VP Fund LP are collectively referred to herein as the “Funds.”

     The principal business of the Reporting Persons is to provide venture capital financing and active assistance to technology companies. The address of each of the Reporting Persons is 1001 Bayhill Drive, Suite 300, San Bruno, California 94066. Mr. Marver is a U.S. citizen, and Mr. Salzman is a Canadian citizen with residency status in the United States.

          (d) and (e).

          During the last five years, none of the Reporting Persons has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) 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.

Item 3. Source and Amount of Funds or Other Consideration.

          An aggregate of 34,000,000 Shares of Finisar Common Stock were acquired on April 15, 2005 by the Funds, each of which are affiliated with VP III LLC and VP IV LLC, each of which are managed by the Reporting Persons. The Funds acquired the Shares as follows: 6,061,860 Shares by VP III (Q) LP; 738,140 Shares by VP III LP; 24,643,200 Shares by VP IV (Q) LP; 2,467,040 Shares by VP Partners LP and 89,760 Shares by VP Fund LP. The transactions were effected on April 15, 2005, at the purchase price of $1.23 per Share for an aggregate purchase price of $41,820,000, pursuant to the Stock Purchase Agreement (the “Purchase Agreement”), dated April 8, 2005, by and among the Funds and Infineon Technologies AG (“Infineon”). The source of funds for such purchases was the working capital of each of the respective purchasing entities.

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Table of Contents

Item 4. Purpose of Transaction.

          The purpose of the transaction by the Reporting Persons is investment in the Company.

          In connection with the acquisition of the Shares by the Funds, Finisar and the Funds have entered into a letter agreement (the “Finisar Agreement”) under which Finisar has agreed to use its reasonable best efforts to elect a nominee of the Funds to the Finisar Board of Directors, provided that the nominee is reasonably acceptable to the Board’s Nominating and Corporate Governance Committee as well as the full Board. Infineon’s rights under the amended and restated registration rights agreement (the “Rights Agreement”) dated January 25, 2005 between Finisar and Infineon have been assigned to the Funds. Finisar will file an amendment to a pending registration statement on Form S-3 to modify the plan of distribution described therein to provide for the future resale of the registered shares by the Funds and certain distributees of the Funds, rather than Infineon.

Item 5. Interest in Securities of the Issuer.

          (a)-(b)

          Each of the Reporting Persons may be deemed to be the beneficial owner of, and shares the power to vote, and power to dispose of 34,000,000 shares, or approximately 13.1%, of the issued and outstanding shares of the Company’s Common Stock. Other than the shares of Finisar Common Stock in which they have a pecuniary interest, each of the Reporting Persons disclaims ownership of the shares reported in this statement. The percentages of outstanding shares of the Company reported in this Item 5 are based on 258,776,589 shares of Common Stock outstanding as of March 1, 2005, as reported by the Company’s Form 10-Q for fiscal quarter ended January 30, 2005.

          The Reporting Persons control VP III LLC. VP III LLC, as the General Partner of VP III (Q) LP and VP III LP, may be deemed to beneficially own the shares acquired through each of VP III (Q) LP and VP III LP. VP III (Q) LP acquired 6,061,860 shares of the Company’s Common Stock, which represents 2.34% of the Company’s Common Stock. VP III LP acquired 738,140 shares of the Company’s Common Stock, which represents 0.29% of the Company’s Common Stock.

          The Reporting Persons control VP IV LLC. VP IV LLC, as the General Partner of VP IV (Q) LP, VP Partners LP and VP Fund LP, may be deemed to beneficially own the shares acquired through each of VP IV (Q) LP, VP Partners LP and VP Fund LP. VP IV (Q) LP acquired 24,643,200 shares of the Company’s Common Stock, which represents 9.52% of the Company’s Common Stock. VP Partners LP acquired 2,467,040 shares of the Company’s Common Stock, which represents 0.95% of the Company’s Common Stock. VP Fund LP acquired 89,760 shares of the Company’s Common Stock, which represents 0.03% of the Company’s Common Stock.

          (c) None of the Reporting Persons has effected any transactions in the class of securities reported on this Statement during the past 60 days, other than as set forth in this Statement.

          (d)-(e)

          Not Applicable.

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Table of Contents

Item 6. Contract, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

          In connection with the acquisition of the Shares by the Funds, Finisar and the Funds have entered into the Finisar Agreement under which Finisar has agreed to use its reasonable best efforts to elect a nominee of the Funds to the Finisar Board of Directors, provided that the nominee is reasonably acceptable to the Board’s Nominating and Corporate Governance Committee as well as the full Board. Infineon’s rights under the Rights Agreement between Finisar and Infineon have been assigned to the Funds. Finisar will file an amendment to a pending registration statement on Form S-3 to modify the plan of distribution described therein to provide for the future resale of the registered shares by the Funds and certain distributees of the Funds, rather than Infineon.

          Except as otherwise described in this Statement, none of the Reporting Persons has any contract, arrangement, understanding or relationship with any other person with respect to any securities of the Company, including but not limited to transfer or voting of any securities of the Company, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

Item 7. Material to Be Filed as Exhibits.

A. Agreement of Joint Filing, dated as of April 15, 2005.

B. Amended and Restated Registration Rights Agreement, dated January 25, 2005, by and between Finisar Corporation and Infineon Technologies AG (incorporated by reference to Exhibit 10.21 to Form 8-K filed by the Company on January 28, 2005).

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SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: April 15, 2005

     
 
  /s/ James D. Marver
   
  James D. Marver, as Managing Member of VantagePoint Venture
  Associates III, L.L.C. and VantagePoint Venture Associates IV,
  L.L.C.
   
  /s/ Alan E. Salzman
   
  Alan E. Salzman, as Managing Member of VantagePoint Venture
  Associates III, L.L.C. and VantagePoint Venture Associates IV,
  L.L.C.

 

EX-99.(A) 2 f08244exv99wxay.htm EXHIBIT 99.A exv99wxay
 

EXHIBIT A

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of the Schedule 13D to which this Agreement is an exhibit (and any further amendment filed by them) with respect to the shares of Common Stock, par value $0.001 per share, of Finisar Corporation.

This agreement may be executed simultaneously in any number of counterparts, all of which together shall constitute one and the same instrument.

Dated: April 15, 2005
         
  VANTAGEPOINT VENTURE PARTNERS III (Q), L.P.
 		  
  By:   VantagePoint Venture Associates III, L.L.C., Its General Partner    
     
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
 
  VANTAGEPOINT VENTURE PARTNERS III, L.P.
 		  
  By:   VantagePoint Venture Associates III, L.L.C., Its General Partner    
     
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
 
  VANTAGEPOINT VENTURE PARTNERS IV (Q), L.P.
 		  
  By:   VantagePoint Venture Associates IV, L.L.C., Its General Partner    
     
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
 
  VANTAGEPOINT VENTURE PARTNERS IV, L.P.
 		  
  By:   VantagePoint Venture Associates IV, L.L.C., Its General Partner    
     
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
 
  VANTAGEPOINT VENTURE PARTNERS IV PRINCIPALS FUND, L.P.
 		  
  By:   VantagePoint Venture Associates IV, L.L.C., Its General Partner    
     
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
 
  VANTAGEPOINT VENTURE ASSOCIATES III, L.L.C.
 		  
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
 
  VANTAGEPOINT VENTURE ASSOCIATES IV, L.L.C.
 		  
  By:   /s/ James D. Marver    
    Name:   James D. Marver   
    Title:   Managing Member   
 
     
  /s/ James D. Marver    
  James D. Marver   
     
 
     
  /s/ Alan E. Salzman    
  Alan E. Salzman   
     
 

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