SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Bjork Kevin D

(Last) (First) (Middle)
40 WEST HIGHLAND PARK DRIVE NE

(Street)
HUTCHINSON MN 55350

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2004
3. Issuer Name and Ticker or Trading Symbol
HUTCHINSON TECHNOLOGY INC [ HTCH ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President of Quality
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 528.7697 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock (option to buy) 11/27/1996 11/27/2005 Common Stock 1,575 $16.333 D
Common Stock (option to buy) 11/19/1997 11/19/2006 Common Stock 3,000 $17.333 D
Common Stock (option to buy) 11/19/1998 11/19/2007 Common Stock 5,120(1) $24.75 D
Common Stock (option to buy) 11/18/1999 11/18/2008 Common Stock 2,820 $29.625 D
Common Stock (option to buy) 11/17/2000 11/17/2009 Common Stock 7,930(2) $18.75 D
Common Stock (option to buy) 11/15/2001 11/15/2010 Common Stock 5,290(3) $19.125 D
Common Stock (option to buy) 11/28/2002 11/28/2011 Common Stock 4,050 $21.64 D
Common Stock (option to buy) 11/20/2003 11/20/2012 Common Stock 4,480(4) $24.77 D
Common Stock (option to buy) 11/19/2004 11/19/2013 Common Stock 3,500(5) $32.38 D
Common Stock (option to buy) 12/01/2005 12/01/2014 Common Stock 7,000(6) $32.77 D
Explanation of Responses:
1. This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 4,040 shares are subject to an incentive stock option and 1,080 shares are subject to a non-qualified stock option.
2. This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 5,330 shares are subject to an incentive stock option and 2,600 shares are subject to a non-qualified stock option.
3. This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 5,220 shares are subject to an incentive stock option and 70 shares are subject to a non-qualified stock option.
4. This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 4,037 shares are subject to an incentive stock option and 443 shares are subject to a non-qualified stock option.
5. This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 3,088 shares are subject to an incentive stock option and 412 shares are subject to a non-qualified stock option.
6. This reports the grant of employee stock options under the Issuer's 1996 Incentive Plan; 3,051 shares are subject to an incentive stock option and 3,949 shares are subject to a non-qualified stock option.
Remarks:
Kevin D. Bjork 12/09/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.