-----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, D9nnxmyjNhpfTLEU8f4JoF0gXSXsst/DpaadnE1J3CGA766Q4UdR8RAdKOg5ETLF clmRXiBBoYHyV3tRKuOE+w== 0000950103-03-000661.txt : 20030226 0000950103-03-000661.hdr.sgml : 20030226 20030226095006 ACCESSION NUMBER: 0000950103-03-000661 CONFORMED SUBMISSION TYPE: 3/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030220 FILED AS OF DATE: 20030226 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: SYNGENTA AG CENTRAL INDEX KEY: 0001123661 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] RELATIONSHIP: OWNER IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3/A BUSINESS ADDRESS: STREET 1: SCHWARZWALDALLEE 215 STREET 2: (41-61) 697-1111 CITY: BASEL SWITZERLAND STATE: V8 ZIP: 4058 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIVERSA CORP CENTRAL INDEX KEY: 0001049210 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] IRS NUMBER: 223297375 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-29173 FILM NUMBER: 03580028 BUSINESS ADDRESS: STREET 1: 4955 DIRECTORS PLACE CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-526-5000 MAIL ADDRESS: STREET 1: 4955 DIRECTORS PLACE CITY: SAN DIEGO STATE: CA ZIP: 92121 3/A 1 feb2003-form3a.htm 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,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
 
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 1. Name and Address of Reporting Person*



 Syngenta AG
(See Attachment A for additional Reporting Persons)

 2. Date of Event
     Requiring Statement
     (Month/Day/Year)

   02/20/03
 4. Issuer Name and Ticker or Trading Symbol

     Diversa Corporation (DVSA)
    (Last)                              (First)                           (Middle)



Schwarzwaldallee 215
 3. I.R.S. Identification
     Number of Reporting
     Person, if an entity
     (voluntary)
 5. Relationship of Reporting Person(s) to Issuer
     (Check all applicable)

      o Director               x 10% Owner
      o Officer                 o Other (specify below)
         (give title below)

              
 6.If Amendment, Date of
    Original (Month/Day/Year)
                                          (Street)



 CH-4058 Basel        Switzerland
 7. Individual or Joint/Group
     Filing (Check Applicable Line)

   o Form filed by One Reporting Person
   x Form filed by More than One Reporting Person
   (City)                              (State)                             (Zip)
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    1,928,610     D (1)  
 Common Stock    6,034,983     D (2)  
 Common Stock    7,963,593      I     (3)
       
       
       
       
       
       
       
       
       
Potential persons who are to 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.


  FORM 3 (continued)

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 of
     Derivative
     Securities:
     Direct (D)
     or Indirect (I)
     (Instr. 5)
  6. Nature of Indirect
     Beneficial Ownership
     (Instr. 5)
Date
Exer-
cisable
Expira-
tion
Date
      Title       Amount
or Number
of Shares
 Warrant  2/20/08  2/20/18  Common Stock  1,293,211  $22.00/share  D (4)  
 Warrant  2/20/08  2/20/18  Common Stock  1,293,211  $22.00/share  I    (5)
               
               
               
               
               
Reminder:   Report on a separate line for each class of securities beneficially owned directly or indirectly.

Explanation of Responses:

  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).

SYNGENTA AG
   
     
/s/ Christoph Maeder

 
February 21, 2003

Name: Christoph Maeder
Title: Head Legal & Tax
** Signature of Reporting Person
  Date
     
(See Attachment A for additional Reporting Persons)
   
 
Note:

File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
   

Page 2


ATTACHMENT A    

REPORTING PERSONS AND SIGNATURES

COMPANY ADDRESS                    
   
SYNGENTA SEEDS AG

By:   /s/ Christoph Maeder    
Name: Christoph Maeder
Title: Head Legal & Tax


By:   /s/ Daniel Michaelis         
Name: Daniel Michaelis
Title: Senior Legal Counsel

Schwarzwaldallee 215, CH-4058
Basel, Switzerland

SYNGENTA PARTICIPATIONS AG


By:   /s/ Christoph Maeder    
Name: Christoph Maeder
Title: Head Legal & Tax

By:   /s/ Daniel Michaelis         
Name: Daniel Michaelis
Title: Senior Legal Counsel

Schwarzwaldallee 215, CH-4058
Basel, Switzerland
SYNGENTA AG


By:   /s/ Christoph Maeder    
Name: Christoph Maeder
Title: Head Legal & Tax

By:   /s/ Damian Heller         
Name: Damian Heller
Title:
Company Secretary

 
Schwarzwaldallee 215, CH-4058
Basel, Switzerland

 


FOOTNOTES

     1.      Syngenta Seeds AG is the record and beneficial owner of 1,928,610 shares of Diversa Corporation (the "Issuer") common stock, $0.001 par value per share (the "Shares"), representing approximately 5.4% of the outstanding common stock of the Issuer as of December 3, 2002. Such shares of common stock were originally acquired by Novartis Agribusiness Biotech Research, Inc. pursuant to a Stock Purchase Agreement dated as of January 25, 1999 between Novartis Agribusiness Biotech Research, Inc. and the Issuer. On December 9, 1999, such shares of common stock were transferred by Novartis Agribusiness Biotech Research, Inc. to Novartis Seeds AG. Novartis Seeds AG later changed its name to Syngenta Seeds AG, the current record and beneficial owner of such shares of common stock.

     2.      On December 3, 2002, Syngenta Participations AG ("SPARTAG"), Torrey Mesa Research Institute ("TMRI") (collectively, the "Syngenta Parties") and the Issuer entered into a Transaction Agreement (the "Transaction Agreement") and certain other related agreements pursuant to which, among other things: (i) the Issuer and SPARTAG agree to enter into a research collaboration on terms set forth in the Research Collaboration Agreement (as defined in the Transaction Agreement); (ii) SPARTAG agreed to grant to the Issuer a license to certain intellectual property rights for use outside of the fields for which certain exclusivities would be granted to the Syngenta Parties under the Research Collaboration Agreement; (iii) the Issuer agreed to purchase certain assets and assume certain liabilities of the Syngenta Parties relating to the foregoing; and (iv) the Issuer agreed to issue to the Syngenta Parties (or their designee or designees) as of the closing under the Transaction Agreement (the "Closing") (A) that number of Shares equal to 14% of the outstanding common stock of the Issuer as of the closing and (B) a warrant (the "Warrant") to acquire that number of Shares equal to 3% of the outstanding common stock of the Issuer as of the closing, in the case of (A) and (B), calculated pro forma for such issuances.

     Closing occurred on February 20, 2003, and in accordance with the terms of the Transaction Agreement, Issuer issued 6,034,983 Shares to the Syngenta Parties representing 14% of the Issuer's outstanding common stock as of Closing as follows: (i) 5,194,498 Shares to SPARTAG and (ii) 840,485 Shares to TMRI. Immediately after Closing, TMRI transferred all of the Shares issued to TMRI by the Issuer under the Transaction Agreement to SPARTAG pursuant to a Stock Purchase Agreement dated February 20, 2003 between SPARTAG and TMRI.

     Accordingly, SPARTAG is the record and beneficial owner of 6,034,983 Shares representing approximately 14% of the Issuer's outstanding common stock as of February 20, 2003.

    3.      Syngenta Seeds AG and SPARTAG are indirect wholly-owned subsidiaries of Syngenta AG. Accordingly, Syngenta AG may be deemed to have indirect beneficial ownership of 7,963,593 Shares representing approximately 19.0% of the outstanding common stock of the Issuer as of February 20, 2003.

      4.      Pursuant to the terms of the Transaction Agreement (see note 2 above), at Closing the Issuer issued to SPARTAG the Warrant.

      5.      SPARTAG is an indirect wholly-owned subsidiary of Syngenta AG (see note 3 above). Accordingly, Syngenta AG may be deemed to have indirect beneficial ownership of the Warrant.

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