SC TO-I/A 1 scto-ia5.htm SCHEDULE TO-I, AMENDMENT NO. 5 scto-ia5.htm
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
SCHEDULE TO
(RULE 14d-100)
 
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF
THE SECURITIES EXCHANGE ACT OF 1934
 
AMENDMENT NO. 5
STILLWATER MINING COMPANY
(Name of Subject Company (Issuer))

STILLWATER MINING COMPANY
(Name of Filing Person (Issuer))
 
1.875% Convertible Senior Notes due 2028
 
(Title of Class of Securities)
 
86074Q AD4
(CUSIP Numbers of Class of Securities)
 
     
Brent Wadman
 
with copy to:
Deputy General Counsel and Corporate Secretary
 
David Goldschmidt
Stillwater Mining Company
 
Skadden, Arps, Slate, Meagher & Flom LLP
1321 Discovery Drive
 
4 Times Square
Billings, Montana 59102
 
New York, New York 10036
(406) 373-8700
 
(212) 735-3574
     
(Name, address and telephone number of person authorized to receive notices and communications on behalf of filing person)
   
 
 
CALCULATION OF FILING FEE
 
Transaction Valuation*:
 
Amount of Filing Fee
$166,500,000
 
$22,710**

* Calculated solely for purposes of determining the filing fee. The purchase price of the 1.875% Convertible Senior Notes due 2028 (the "Notes"), as described herein, is $1,000 per $1,000 principal amount outstanding . As of February 13, 2013 there was $166,500,000 aggregate principal amount of Notes outstanding, resulting in an aggregate maximum purchase price of $166,500,000 (excluding accrued but unpaid interest).
 
** Previously paid.
 
 
 

 
 
o 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
 
Filing Party: Not applicable
Form or Registration No.: Not applicable
 
Date Filed: Not applicable

o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
 
Check the appropriate boxes to designate any transactions to which the statement relates:
 
o third-party tender offer subject to Rule 14d-1. 
ý issuer tender offer subject to Rule 13e-4. 
o going-private transaction subject to Rule 13e-3. 
oAmendment 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:    o
 
 
 
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Introductory Statement

This Amendment No. 5 (this "Amendment") amends and supplements the Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission (the "SEC") on February 14, 2013 as amended and supplemented by Amendment No. 1 to Schedule TO filed with the SEC on February 27, 2013, Amendment No. 2 to Schedule TO filed with the SEC on February 28, 2013, Amendment No. 3 to Schedule TO filed with the SEC on March 1, 2013, and Amendment No. 4 to Schedule TO filed with the SEC on March 12, 2013 (as amended and supplemented, the "Schedule TO"), by Stillwater Mining Company  (the "Company"). This Schedule TO relates to the right of each holder (each, a "Holder") of the Company's 1.875% Convertible Senior Notes due 2028 (the "Notes") to sell, and the obligation of the Company to purchase, the Notes upon the terms and subject to the conditions set forth in the March 12, 2008 (the "Indenture"), among the Company, Law Debenture Trust Company of New York, as trustee (the "Trustee") and Deutsche Bank Trust Company Americas, a New York banking corporation, as security registrar, conversion agent and paying agent (the "Paying Agent"). The right of each holder (the "Holder") of the Notes to sell and the obligation of the Company to purchase the Notes, as set forth in the Company's notice to Holders of the 1.875% Convertible Senior Notes due 2028, dated February 14, 2013 (the "Company Notice"), and the related materials filed as exhibits to this Schedule TO (which Company Notice and related materials, as amended or supplemented from time to time, collectively constitute the "Put Option").

This Amendment No. 5 amends only the items in the Schedule TO that are being amended, and unaffected terms are not included herein. Except as specifically set forth herein, this Amendment No. 5 does not modify any of the information previously reported in the Schedule TO. All capitalized terms in this Amendment No. 5 and not otherwise defined have the respective meanings ascribed to them in the Schedule TO. You should read this Amendment No. 5 to the Schedule TO together with the Schedule TO and the Company Notice.

This Amendment No. 5 and the Schedule TO, are intended to satisfy the reporting requirements of Rule 13e-4 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The information in the Company Notice is incorporated by reference as set forth below.
 
Item 11.    Additional Information.
 
On March 15, 2013, the Company filed Amendment No. 2 to its Preliminary Proxy Statement pursuant to Section 14(a) of the Exchange Act. So as to incorporate this filing by reference into the Company Notice, the information under the caption "Additional Information" in the Company Notice is hereby amended to include a reference to the aforementioned Amendment No. 2 to the Company's Preliminary Proxy Statement.

 
 
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Item 12.    Exhibits.
 
Item 12 of the Schedule TO is hereby amended and restated as follows so as to incorporate by reference Amendment No. 2 to the Company's Preliminary Proxy Statement pursuant to Section 14(a) of the Exchange Act, filed with the SEC on March 15, 2013.
 
Number
 
Description
 
Incorporation By Reference To
         
(a)(1)(A)
 
 
Notice to Holders of the 1.875% Convertible Senior Notes due 2028, dated February 14, 2013
 
 
Exhibit (a)(1)(A) to the Company's Schedule TO-I, dated February 14, 2013
 
(a)(1)(B)
 
 
Notice to Holders, dated February 27, 2013
 
 
Exhibit (a)(1)(B) to the Company's Amendment No. 1 to Schedule TO-I, dated February 27, 2013
 
(a)(5)(A)
 
 
Current Report on Form 8-K, filed on February 26, 2013
 
 
Filed on February 26, 2013
(a)(5)(B)
 
 
Current Report on Form 8-K, filed on February 26, 2013
 
 
Filed on February 26, 2013
(a)(5)(C)
 
 
Current Report on Form 8-K, filed on February 27, 2013
 
 
Filed on February 27, 2013
(a)(5)(D)
 
 
Annual Report on Form 10-K for the year ended December 31, 2012
 
 
Filed on February 27, 2013
(a)(5)(E)
 
 
Amendment No. 1 to a Current Report on Form 8-K/A, filed on February 27, 2013
 
 
Filed on February 28, 2013
(a)(5)(F)  
Preliminary Proxy Statement pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, filed on March 1, 2013
 
 
Filed on March 1, 2013
(a)(5)(G)  
Amendment No. 1 to the Preliminary Proxy Statement pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, filed on March 12, 2013
 
  Filed on March 12, 2013
(a)(5)(H)  
Amendment No. 2 to the Preliminary Proxy Statement pursuant to Section 14(a) of the Securties Exchange Act of 1934, as amended, filed on March 15, 2013
 
  Filed on March 15, 2013
(b)
 
 
Not applicable
 
   
(d)(1)
 
 
Indenture, dated as of March 12, 2008, between the Company, as issuer, and Law Debenture Trust Company of New York, as trustee and Deutsche Bank Trust Company Americas, a New York banking corporation, as security registrar, conversion agent and paying agent
 
 
Exhibit 4.1 to the Company’s Form 8-K, dated March 14, 2008
 
(d)(2)
 
 
Form of 1.875% Convertible Senior Note due 2028
 
 
Exhibit 4.2 to the Company’s Form 8-K, dated March 14, 2008
 
(d)(3)
 
 
Registration Rights Agreement, dated as of March 12, 2008, between Stillwater Mining Company and Deutsche Bank.
 
 
Exhibit 4.3 to the Company’s Form 8-K, dated March 14, 2008
 
(d)(4)
 
 
Amended and Restated General Employee Stock Plan, dated October 23, 2003
 
 
 
Exhibit 10.1 to the Company's Form 10-Q for the quarterly period ended September 30, 2003, filed on October 27, 2003
 
(d)(5)
 
 
409A Nonqualified Deferred Compensation Plan
 
 
Exhibit 10.34 to the Company's Form 10-K for the year ended December 31, 2005, filed on March 16, 2006
 
 
 
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(d)(6)
 
 
2004 Equity Incentive Plan
 
 
Appendix A to the Proxy statement, dated April 29, 2004
 
(d)(7)
 
 
409A Non-Employee Directors Deferred Compensation Plan
 
 
Exhibit 10.1 to the Company's Form 8-K, dated May 9, 2005
 
(d)(8)
 
 
2012 Equity Incentive Plan
 
 
Appendix A to the Proxy statement, dated March 12, 2011
 
(g)
 
 
Not applicable
 
   
(h)
 
 
Not applicable
 
   
 
Item 13.    Information Required by Schedule 13E-3.
 
        Not applicable.

 
 
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SIGNATURES

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
           
   
STILLWATER MINING COMPANY
           
           
Date:
March 15, 2013
       
     
By:
 
/s/ Francis R. McAllister
         
Francis R. McAllister
         
Chairman and Chief Executive Officer
         
(Principal Executive Officer)
           
Date:
March 15, 2013
       
     
By:
 
/s/ Gregory A. Wing
         
Gregory A. Wing
         
Vice President and Chief Financial Officer
         
(Principal Financial Officer)


 
 
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Exhibit Index
 
Number
 
Description
 
Incorporation By Reference To
         
(a)(1)(A)
 
 
Notice to Holders of the 1.875% Convertible Senior Notes due 2028, dated February 14, 2013
 
 
Exhibit (a)(1)(A) to the Company's Schedule TO-I, dated February 14, 2013
 
(a)(1)(B)
 
 
Notice to Holders, dated February 27, 2013
 
 
Exhibit (a)(1)(B) to the Company's Amendment No. 1 to Schedule TO-I, dated February 27, 2013
 
(a)(5)(A)
 
 
Current Report on Form 8-K, filed on February 26, 2013
 
 
Filed on February 26, 2013
(a)(5)(B)
 
 
Current Report on Form 8-K, filed on February 26, 2013
 
 
Filed on February 26, 2013
(a)(5)(C)
 
 
Current Report on Form 8-K, filed on February 27, 2013
 
 
Filed on February 27, 2013
(a)(5)(D)
 
 
Annual Report on Form 10-K for the year ended December 31, 2012
 
 
Filed on February 27, 2013
(a)(5)(E)
 
 
Amendment No. 1 to a Current Report on Form 8-K/A, filed on February 27, 2013
 
 
Filed on February 28, 2013
(a)(5)(F)  
Preliminary Proxy Statement pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, filed on March 1, 2013
 
 
Filed on March 1, 2013
(a)(5)(G)  
Amendment No. 1 to the Preliminary Proxy Statement pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended, filed on March 12, 2013
 
  Filed on March 12, 2013
(a)(5)(H)  
Amendment No. 2 to the Preliminary Proxy Statement pursuant to Section 14(a) of the Securties Exchange Act of 1934, as amended, filed on March 15, 2013
 
  Filed on March 15, 2013
(b)
 
 
Not applicable
 
   
(d)(1)
 
 
Indenture, dated as of March 12, 2008, between the Company, as issuer, and Law Debenture Trust Company of New York, as trustee and Deutsche Bank Trust Company Americas, a New York banking corporation, as security registrar, conversion agent and paying agent
 
 
Exhibit 4.1 to the Company’s Form 8-K, dated March 14, 2008
 
(d)(2)
 
 
Form of 1.875% Convertible Senior Note due 2028
 
 
Exhibit 4.2 to the Company’s Form 8-K, dated March 14, 2008
 
(d)(3)
 
 
Registration Rights Agreement, dated as of March 12, 2008, between Stillwater Mining Company and Deutsche Bank.
 
 
Exhibit 4.3 to the Company’s Form 8-K, dated March 14, 2008
 
(d)(4)
 
 
Amended and Restated General Employee Stock Plan, dated October 23, 2003
 
 
 
Exhibit 10.1 to the Company's Form 10-Q for the quarterly period ended September 30, 2003, filed on October 27, 2003
 
(d)(5)
 
 
409A Nonqualified Deferred Compensation Plan
 
 
Exhibit 10.34 to the Company's Form 10-K for the year ended December 31, 2005, filed on March 16, 2006
 
(d)(6)
 
 
2004 Equity Incentive Plan
 
 
Appendix A to the Proxy statement, dated April 29, 2004
 
(d)(7)
 
 
409A Non-Employee Directors Deferred Compensation Plan
 
 
Exhibit 10.1 to the Company's Form 8-K, dated May 9, 2005
 
(d)(8)
 
 
2012 Equity Incentive Plan
 
 
Appendix A to the Proxy statement, dated March 12, 2011
 
(g)
 
 
Not applicable
 
   
(h)
 
Not applicable
   
 
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