-----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, F6PbH083cP4xytV5sUcbzDWuzRHHrghWKaqfHj3CnvSwjK224PZZuoiGmf1r60Rl 31oDUQnrC5IIF8brMhp7bg== 0000891618-98-002445.txt : 19980518 0000891618-98-002445.hdr.sgml : 19980518 ACCESSION NUMBER: 0000891618-98-002445 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980515 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETWORK ASSOCIATES INC CENTRAL INDEX KEY: 0000890801 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770316593 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-51897 FILM NUMBER: 98622265 BUSINESS ADDRESS: STREET 1: 2805 BOWERS AVE CITY: SANTA CLARA STATE: CA ZIP: 95051 BUSINESS PHONE: 4089883832 FORMER COMPANY: FORMER CONFORMED NAME: MCAFEE ASSOCIATES INC DATE OF NAME CHANGE: 19930328 424B3 1 SUPPLEMENT FILED PURSUANT TO RULE 424(B)(3) 1 PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424(b)(3) TO PROSPECTUS DATED MAY 6, 1998 REGISTRATION NO. 333-51897 $885,500,000 NETWORKS ASSOCIATES, INC. ZERO COUPON CONVERTIBLE SUBORDINATED DEBENTURES DUE 2018 This Prospectus Supplement relates to the resale by the holders (the "Selling Securityholders") of Zero Coupon Convertible Subordinated Debentures due 2018 (the "Debentures") of Networks Associates, Inc. (the "Company") and the shares of Common Stock, par value of $.001 per share (the "Common Stock"), of the Company issuable upon the conversion thereof (the "Conversion Shares"). This Prospectus Supplement should be read in conjunction with the Prospectus dated May 6, 1998, which is to be delivered with this Prospectus Supplement. All capitalized terms used herein but not defined in the Prospectus Supplement shall have the meanings given them in the Prospectus. The table below sets forth information as of the date hereof concerning beneficial ownership of the Debentures of the Selling Securityholders therein listed. All information concerning beneficial ownership has been furnished by the Selling Securityholders.
Principal Amount Percentage of Number of Percentage of of Notes Notes Conversion Shares Common Stock Name That May Be Sold Outstanding That May Be Sold(1) Outstanding(2) ------ ----------------- ------------- --------------------- ---------------- Argent Classic Convertible $10,000,000 1.1% 56,920 * Arbitrage Fund (Bermuda) L.P. Chrysler Corporation $ 8,625,000 * 49,093 * Master Retirement Trust Delta Air Lines Master $ 6,000,000 * 34,152 * Trust Strong Total Return Fund, $ 7,500,000 * 42,690 * Inc. New York Life Insurance $28,000,000 3.1% 159,376 * Company New York Life Insurance & $ 8,500,000 * 48,382 * Annuity Corporation OCM Convertible Trust $12,575,000 1.4% 71,576 * Partner Reinsurance $ 895,000 * 5,094 * Company Raytheon Company Master $ 4,315,000 * 24,560 * Pension Trust SBC Warburg Dillon Read $ 7,000,000 * 39,844 * Inc.
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Principal Amount Percentage of Number of Percentage of of Notes Notes Conversion Shares Common Stock Name That May Be Sold Outstanding That May Be Sold(1) Outstanding(2) ------ ----------------- ------------- --------------------- ---------------- State Employees $ 3,015,000 * 17,161 * Retirement Plan of the State of Delaware State of Connecticut $10,810,000 1.2% 61,530 * Combined Investment Funds Swiss Bank Corporation- $20,000,000 2.2% 113,840 * London Branch TQA Leverage Fund, L.P. $ 1,500,000 * 8,538 * TQA Vantage Fund, Ltd. $ 6,000,000 * 34,152 * TQA Vantage Plus Fund, $ 750,000 * 4,269 * Ltd. Vanguard Convertible $ 7,765,000 * 44,198 * Securities Fund, Inc.
- ------------ * Less than 1% (1) Assumes conversion of the full amount of Debentures held by such holder at the initial conversion rate of 5.692 shares of Common Stock per $1000 principal amount of Debentures; such conversion rate is subject to adjustment as described under "Description of Debentures -- Conversion of Debentures." Accordingly, the number of shares of Common Stock issuable upon conversion of the Notes may increase or decrease from time to time. Under the terms of the Indenture, fractional shares will not be issued upon conversion of the Notes; cash will be paid in lieu of fractional shares, if any. (2) Computed in accordance with Rule 13d-3(d)(i) promulgated under the Exchange Act and based upon 71,718,576 shares of Common Stock outstanding as of March 31, 1998, treating as outstanding the number of Conversion Shares shown as being issuable upon the assumed conversion by the named holder of the full amount of such holder's Debentures but not assuming the conversion of the Debentures of any other holder. ------------ FOR A DISCUSSION OF CERTAIN FACTORS THAT SHOULD BE CONSIDERED IN CONNECTION WITH AN INVESTMENT IN THE SECURITIES OFFERED HEREBY, SEE "RISK FACTORS" BEGINNING ON PAGE 7 OF THE PROSPECTUS. ------------ THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMIS- SION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. ------------ The date of this Prospectus Supplement is May 15, 1998.
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