SC TO-C 1 scheduletocjune291.htm SCHEDULE TO-C

 

 

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE TO-C
(Rule 13e-4)

Tender Offer Statement under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934

RF Micro Devices, Inc.
(Name of Subject Company (Issuer) and Filing Person (Offeror))

Options to Purchase Common Stock, No Par Value
(Title of Class of Securities)

749941100
(CUSIP Number of Class of Securities)
(Underlying Common Stock)

Robert A. Bruggeworth
President and Chief Executive Officer
RF Micro Devices, Inc.
7628 Thorndike Road
Greensboro, North Carolina 27409
(336) 664-1233

(Name, address and telephone number of person authorized to
receive notices and communications on behalf of filing person)

Copy to:

Ross H. Parr
Womble Carlyle Sandridge & Rice, PLLC
3500 One Wachovia Center
301 South College Street
Charlotte, North Carolina 28202-6037
(704) 331-4925

______________________________________








CALCULATION OF FILING FEE

Transaction valuation*



Not applicable

Amount of Filing Fee*



Not applicable


*    Pursuant to General Instruction D to Schedule TO, no filing fee is required because this filing
      contains only preliminary communications made before the commencement of a tender offer.

[   ] Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the
       filing with which the offsetting fee was previously paid.  Identify the previous filing by
       registration statement number, or the Form or Schedule and the date of its filing.

            Amount Previously Paid:   Not Applicable.
            Form or Registration No.:  Not Applicable.
            Filing Party:  Not Applicable.
            Date Filed:    Not Applicable.

[ X ]  Check the box if the filing relates solely to preliminary communications made before the
         commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

            [   ]  third-party tender offer subject to Rule 14d-1.
            [X]  issuer tender offer subject to Rule 13e-4.
            [   ]  going-private transaction subject to Rule 13e-3.
            [   ]  amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer:   [   ]



Explanatory Note

This schedule, the following information and attached exhibits relate solely to preliminary communications made before the commencement of an anticipated voluntary employee stock option exchange program (the "Option Exchange Program") by RF Micro Devices, Inc. ("RF Micro").

On June 29, 2005, Robert A. Bruggeworth, President and Chief Executive Officer of RF Micro, disseminated to RF Micro employees an internal memorandum (the "Employee Communication") regarding the Option Exchange Program, attached hereto as Exhibit 99.1.  The Employee Communication was filed with the Securities and Exchange Commission as additional definitive solicitation material on Schedule 14A (the "Additional Solicitation Material") on June 29, 2005, which is incorporated by reference hereto as Exhibit 99.2.  In addition, on June 29, 2005, RF Micro's Treasury Department launched its intranet website (the "Treasury Website") and for the first time made it generally available to all RF Micro employees.  Intranet "screen shots" identifying the Treasury Website pages that relate to the Option Exchange Program are attached hereto as Exhibits 99.3 and 99.4.

Additional Information About the Option Exchange Program

Please be aware that the above information, the Employee Communication, the Additional Solicitation Material and the Treasury Website "screen shots" do not constitute an offer of any securities for sale or the solicitation of an offer to buy any securities, nor will there be any such offer or solicitation in any state or country where such offer or solicitation is not permitted.  The proxy statement contains important information regarding the Option Exchange Program and should be read carefully by shareholders prior to voting on or participating in the Option Exchange Program.  RF Micro has not yet commenced the Option Exchange Program and must receive shareholder approval for the Option Exchange Program at RF Micro's 2005 annual meeting of shareholders before such Option Exchange Program may be completed.  RF Micro's Board of Directors reserves the right to amend, postpone or terminate the proposed Option Exchange Program prior to the end of the exchange offer period.

If and at the time the Option Exchange Program is commenced, RF Micro will provide optionholders who are eligible to participate in the Option Exchange Program with written materials explaining the precise terms and timing of the Option Exchange Program.  Persons who are eligible to participate in the Option Exchange Program should read these written materials carefully when they become available because they will contain important information about the Option Exchange Program, including certain risks associated with the Option Exchange Program.  Upon the commencement of the Option Exchange Program, RF Micro will also file the written materials relating to the Option Exchange Program with the Securities and Exchange Commission as part of a tender offer statement.  Copies of these written materials and other documents filed by RF Micro with the Securities and Exchange Commission will be available free of charge from the Securities and Exchange Commission's web site at www.sec.gov.


Item 12.          Exhibits.
 

 

 

99.1                 Internal employee memorandum from Robert A. Bruggeworth, President and Chief Executive Officer of
                        RF Micro Devices, Inc., dated June 29, 2005.
 

99.2                 Additional Definitive Solicitation Material, filed on Schedule 14A with the Securities and Exchange
Commission on June 29, 2005 and incorporated herein by reference.


99.3                 RF Micro Devices, Inc. Intranet "screen shot" from the Treasury Department website (home page), which
                       was first made available to all employees on June 29, 2005.

99.4                RF Micro Devices, Inc. Intranet "screen shot" from the Treasury Department website (Option Exchange
                       Program home page), which was first made available to all employees on June 29, 2005.

 

EXHIBIT INDEX

Exhibit No.

99.1                 Internal employee memorandum from Robert A. Bruggeworth, President and Chief Executive Officer of
                        RF Micro Devices, Inc., dated June 29, 2005.
 

99.2                 Additional Definitive Solicitation Material, filed on Schedule 14A with the Securities and Exchange
Commission on June 29, 2005 and incorporated herein by reference.

99.3                 RF Micro Devices, Inc. Intranet "screen shot" from the Treasury Department website (home page), which
                       was first made available to all employees on June 29, 2005.

99.4                RF Micro Devices, Inc. Intranet "screen shot" from the Treasury Department website (Option Exchange
                       Program home page), which was first made available to all employees on June 29, 2005.