-----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, Bkz/DRVrWlCHkolu8pJxuxRm6EALZQbk4mBl5evpGI/YeHgGqQHP9bQg/Nx6keGG YW6Y2axWgjLeGSPNYHSG1g== 0000898822-03-000448.txt : 20030505 0000898822-03-000448.hdr.sgml : 20030505 20030505121730 ACCESSION NUMBER: 0000898822-03-000448 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030505 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AGERE SYSTEMS INC CENTRAL INDEX KEY: 0001129446 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 223746606 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-77953 FILM NUMBER: 03681520 BUSINESS ADDRESS: STREET 1: 555 UNION BLVD CITY: ALLENTOWN STATE: PA ZIP: 18109 BUSINESS PHONE: 6107124323 MAIL ADDRESS: STREET 1: 1110 AMERICAN PARKWAY NE STREET 2: ROOM 12K 301 CITY: ALLENTOWN STATE: PA ZIP: 18109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WARBURG PINCUS LLC CENTRAL INDEX KEY: 0001162870 IRS NUMBER: 133536050 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128780600 MAIL ADDRESS: STREET 1: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 may5sched13da5.txt SCHEDULE 13D/A (AMENDMENT NO. 5) - MAY 5, 2003 ============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 5) Agere Systems Inc. --------------------------------------------------------- (Name of Issuer) Class A Common Stock, par value $0.01 per share (Title of Class of Securities) 00845V 10 0 ------------------------------------------------- (CUSIP Number) ------------------------------------------------------------------ Scott A. Arenare Managing Director and General Counsel Warburg Pincus LLC 466 Lexington Avenue New York, New York 10017 (212) 878-0600 ------------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With a copy to: Andrew R. Brownstein Wachtell, Lipton, Rosen & Katz 51 West 52nd Street New York, New York 10019 (212) 403-1000 May 2, 2003 ------------------------------------------------------------------ (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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: [ ]. Page 1 of 8 Pages ============================================================================== ============================================================================== - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS WARBURG PINCUS EQUITY VIII, L.P. I.R.S. IDENTIFICATION NO. 13-4161869 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY [ ] - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER -0- SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 33,650,000 EACH ------------------------------------------------------------ 9. SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH ------------------------------------------------------------ 10. SHARED DISPOSITIVE POWER 33,650,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,650,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.5%* - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - -------------------- * Represents the percentage of Class A Common Stock beneficially owned by WP VIII as of May 2, 2003. As of May 2, 2003, WP VIII beneficially owned 2.0% of the outstanding Class A Common Stock and Class B Common Stock, taken as a whole. - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS WARBURG PINCUS & CO. I.R.S. IDENTIFICATION NO. 13-6358475 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY [ ] - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 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 -0- SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 33,650,000 EACH ------------------------------------------------------------ 9. SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH ------------------------------------------------------------ 10. SHARED DISPOSITIVE POWER 33,650,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,650,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.5%* - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - -------------------- * Represents the percentage of Class A Common Stock beneficially owned by WP as of May 2, 2003. As of May 2, 2003, WP beneficially owned 2.0% of the outstanding Class A Common Stock and Class B Common Stock, taken as a whole. -3- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS WARBURG PINCUS LLC I.R.S. IDENTIFICATION NO. 13-3536050 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY [ ] - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 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 -0- SHARES ------------------------------------------------------------ BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 33,650,000 EACH ------------------------------------------------------------ 9. SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH ------------------------------------------------------------ 10. SHARED DISPOSITIVE POWER 33,650,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,650,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.5%* - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - -------------------- *Represents the percentage of Class A Common Stock beneficially owned by WP LLC as of May 2, 2003. As of May 2, 2003, WP LLC beneficially owned 2.0% of the outstanding Class A Common Stock and Class B Common Stock, taken as a whole. -4- AMENDMENT NO. 5 TO SCHEDULE 13D Reference is made to the statement on Schedule 13D filed on June 21, 2002, Amendment No. 1 thereto filed July 29, 2002, Amendment No. 2 thereto filed October 17, 2002, Amendment No. 3 thereto filed April 8, 2003 and Amendment No. 4 thereto filed April 30, 2003 (as so amended, the "Schedule 13D") on behalf of Warburg Pincus Private Equity VIII, L.P., a limited partnership organized under the laws of Delaware ("WP VIII"), Warburg Pincus & Co., a general partnership organized under the laws of New York ("WP"), and Warburg Pincus LLC, a limited liability company organized under the laws of New York ("WP LLC", and together with WP VIII and WP, the "Reporting Persons"). All capitalized terms used without definition herein have the meanings ascribed thereto in the Schedule 13D. This Amendment No. 5 to the Schedule 13D amends the Schedule 13D as follows. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 of the Schedule 13D is amended as follows: (a) As of May 2, 2003, the Reporting Persons beneficially owned an aggregate of 33,650,000 shares of Class A Common Stock. Of the aggregate of 33,650,000 shares of Class A Common Stock beneficially owned by WP and WP LLC, approximately 1,039,785 shares represent shares of Class A Common Stock beneficially owned by WPNPE VIII I, WPNPE VIII II and WPGPE VIII. By reason of WP's and WP LLC's respective relationships with the Investors, under Rule 13d-3 of the Exchange Act, WP and WP LLC may be deemed to beneficially own all of the shares of Class A Common Stock that are beneficially owned by the Investors. As of May 2, 2003, the 33,650,000 shares of Class A Common Stock beneficially owned by each Reporting Person represented approximately 4.5% of the outstanding shares of Class A Common Stock, and 2.0% of the Issuer's outstanding shares of Class A Common Stock and Class B Common Stock, par value $0.01 per share (the "Class B Common Stock"), taken as a whole (based on 744,288,076 shares of Class A Common Stock and 907,995,677 shares of Class B Common Stock outstanding as of January 31, 2003, as set forth in the Issuer's Form 10-Q for the quarterly period ended December 31, 2002). (b) As described in paragraph (a) above, the Group Members have beneficial ownership over an aggregate of 33,650,000 shares of Class A Common Stock. Each of the Investors shares voting power and dispositive power over the shares of Class A Common Stock that such Investor beneficially owns with WP LLC and WP. (c) The Investors disposed of Convertible Subordinated Notes with an aggregate principal amount of $38,500,000 in brokered transactions as described below: Date Aggregate Principal Price (% of Principal Gross Proceeds (not including Amount Amount) accrued interest) ------------ ------------------- --------------------- ------------------------------ 4/30/03 $8,000,000 100% $8,000,000 5/1/03 $10,000,000 101.88% $10,087,500 5/2/03 $20,500,000 105.25% $21,576,250
-5- Except as described herein, since the date of Amendment No. 4 to the Schedule 13D, there have been no transactions in shares of Class A Common Stock effected by the Reporting Persons or, to the best of their knowledge, by any of the persons set forth on Schedule I. (d) Except as set forth in this Item 5, no person other than each respective record owner referred to herein of the shares of Class A Common Stock is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares of Class A Common Stock. (e) On May 2, 2003, each of the Reporting Persons ceased to be a beneficial owner or more than 5% of the Class A Common Stock. -6- SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: May 5, 2003 WARBURG PINCUS PRIVATE EQUITY VIII, L.P. By: Warburg Pincus & Co., General Partner By: /s/ Scott A. Arenare ----------------------------------------- Name: Scott A. Arenare Title: Partner WARBURG PINCUS & CO. By: /s/ Scott A. Arenare -------------------------------------------- Name: Scott A. Arenare Title: Partner WARBURG PINCUS LLC By: /s/ Scott A. Arenare ---------------------------------------------- Name: Scott A. Arenare Title: Member WARBURG PINCUS NETHERLANDS PRIVATE EQUITY VIII C.V. I By: Warburg Pincus & Co., General Partner By: /s/ Scott A. Arenare ----------------------------------------- Name: Scott A. Arenare Title: Partner -7- WARBURG PINCUS NETHERLANDS PRIVATE EQUITY VIII C.V. II By: Warburg Pincus & Co., General Partner By: /s/ Scott A. Arenare ----------------------------------------- Name: Scott A. Arenare Title: Partner WARBURG PINCUS GERMANY PRIVATE EQUITY VIII KG By: Warburg Pincus & Co., General Partner By: /s/ Scott A. Arenare ----------------------------------------- Name: Scott A. Arenare Title: Partner -8- -----END PRIVACY-ENHANCED MESSAGE-----