-----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, GFNnTzQWfaK6O5zWAQBiCayI6DIe9E+s6Vv5TqqyTeEWp+mCUTS0ULUX2BedvvFE k9XN3Cvq+PD13HoRP/lz4Q== 0000921895-08-001625.txt : 20080602 0000921895-08-001625.hdr.sgml : 20080602 20080602170144 ACCESSION NUMBER: 0000921895-08-001625 CONFORMED SUBMISSION TYPE: SC TO-T/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20080602 DATE AS OF CHANGE: 20080602 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PHARMACYCLICS INC CENTRAL INDEX KEY: 0000949699 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 943148201 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC TO-T/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46749 FILM NUMBER: 08874684 BUSINESS ADDRESS: STREET 1: PHARMACYCLICS INC STREET 2: 995 E ARQUES AVE CITY: SUNNYVALE STATE: CA ZIP: 94085-4521 BUSINESS PHONE: 408 774 0330 MAIL ADDRESS: STREET 1: PHARMACYCLICS INC STREET 2: 995 E ARQUES AVE CITY: SUNNYVALE STATE: CA ZIP: 94085-4521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DUGGAN ROBERT W CENTRAL INDEX KEY: 0001055919 FILING VALUES: FORM TYPE: SC TO-T/A BUSINESS ADDRESS: BUSINESS PHONE: 8059623755 MAIL ADDRESS: STREET 1: 1933 CLIFF DRIVE #30 CITY: SANTA BARBARA STATE: CA ZIP: 93107 SC TO-T/A 1 tota106922002_06022008.htm tota106922002_06022008.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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. 1)
________________________

PHARMACYCLICS, INC.
(Name of Subject Company)
________________________

RWD ACQUISITION I LLC
(Names of Filing Persons—Offeror)
____________________________________

COMMON STOCK, PAR VALUE $0.0001 PER SHARE
(Title of Class of Securities)
_________________________

716933106 
(CUSIP Number of Class of Securities)
________________________

ROBERT W. DUGGAN
1933 Cliff Drive, Suite 30
Santa Barbara, California 93107
(805) 962-3755
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of Filing Persons)
 
Copies to:
STEVEN WOLOSKY, ESQ.
OLSHAN GRUNDMAN FROME ROSENZWEIG & WOLOSKY LLP
Park Avenue Tower
65 East 55th Street
New York, New York 10022
(212) 451-2300

 
     
Transaction Valuation*
 
Amount of Filing Fee**
 
     
$4,200,000
 
$165.06
 
     

*
 
Estimated for purposes of calculating the amount of filing fee only. Transaction value derived by multiplying 4,000,000 (the maximum number of shares of common stock of subject company estimated to be acquired by Offeror) by $1.05 (the purchase price per share offered by Offeror).

**
 
The amount of the filing fee, calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended, and Fee Rate Advisory No. 1 for fiscal year 2008, equals $39.30 per million dollars of transaction value.
 
x
 
Check 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:
$165.06
 
Filing Party:
RWD Acquisition I LLC
Form or Registration No.:
Schedule TO-T
 
Date Filed:
May 1, 2008
 
  ¨  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:
x    third-party tender offer subject to Rule 14d-1.
¨    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.    x



This Amendment No. 1 (this "Amendment") amends and supplements the Tender Offer Statement on Schedule TO (the "Schedule TO"), originally filed by RWD Acquisition I LLC (the "Purchaser") with the Securities and Exchange Commission on May 1, 2008, relating to the offer by the Purchaser to purchase up to 4,000,000 shares of common stock, par value $0.0001 per share (the "Shares"), of Pharmacyclics, Inc., a Delaware corporation (the “Company"), at a purchase price of $1.05 per share, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated May 1, 2008 (the "Offer to Purchase"), and in the related Letter of Transmittal, copies of which were filed as Exhibits (a)(1)(i) and (a)(1)(ii) to the Schedule TO. All references to Sections in this Amendment are to Sections of the Offer to Purchase. Capitalized terms used and not otherwise defined in this Amendment shall have the meanings assigned to them in the Offer to Purchase or the Schedule TO, as applicable.

Item 11: Additional Information

Item 11 of the Schedule TO is hereby amended by adding thereto the following:
 
"The Offer expired at midnight, New York time, on Friday, May 30, 2008. According to the Depositary for the Offer, as of such time, 1,758,060 Shares were tendered and approximately 224,621 additional Shares were guaranteed for delivery within three trading days, for a preliminary total of 1,982,681 Shares (representing approximately 7.6% of all outstanding Shares). The Purchaser has accepted and will promptly pay for all Shares tendered.

After giving effect to the results of the Offer and previous share acquisitions, Robert W. Duggan, who is the sole member of the Purchaser, may be the beneficial holder of up to 6,370,097 Shares, representing approximately 24.5% of all outstanding Shares. According to the Company’s most recent Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, filed with the Securities and Exchange Commission on April 29, 2008, as of that date, there were 25,994,490 Shares issued and outstanding, entitled to one vote per Share."
  
Item 12.    Exhibits.
 
   
*(a)(1)(i)
  
Offer to Purchase dated May 1, 2008.
   
*(a)(1)(ii)
  
Form of Letter of Transmittal.
   
*(a)(1)(iii)
  
Form of Notice of Guaranteed Delivery.
   
*(a)(1)(iv)
  
Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
   
*(a)(1)(v)
  
Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
     
*(a)(1)(vi)
 
Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.
   
*(a)(1)(vii)
  
Form of summary advertisement, dated May 1, 2008.
   
*(a)(5)(i)
  
Text of press release issued by Purchaser, dated May 1, 2008.
     
(a)(5)(ii)
 
Text of press release issued by Purchaser, dated June 2, 2008.
   
(b)
  
Not applicable.
   
(c)
  
Not applicable.
 
 

 
(d)
  
Not applicable.
   
(e)
  
Not applicable.
   
(f)
  
Not applicable.
   
(g)
  
Not applicable.
   
(h)
  
Not applicable.
 
*Previously filed.
 

 
SIGNATURE
 
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.
 
Dated:  June 2, 2008
 
  Company Name  
       
 
By: 
/s/ Robert W. Duggan   
    Name: Robert W. Duggan  
    Title: Sole Member  
       
 



EXHIBIT INDEX

   
*(a)(1)(i)
  
Offer to Purchase dated May 1, 2008.
   
*(a)(1)(ii)
  
Form of Letter of Transmittal.
   
*(a)(1)(iii)
  
Form of Notice of Guaranteed Delivery.
   
*(a)(1)(iv)
  
Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
   
*(a)(1)(v)
  
Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
     
*(a)(1)(vi)
 
Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.
   
*(a)(1)(vii)
  
Form of summary advertisement, dated May 1, 2008.
   
*(a)(5)(i)
  
Text of press release issued by Purchaser, dated May 1, 2008.
     
(a)(5)(ii)
 
Text of press release issued by Purchaser, dated June 2, 2008.
   
(b)
  
Not applicable.
   
(c)
  
Not applicable.
   
(d)
  
Not applicable.
   
(e)
  
Not applicable.
   
(f)
  
Not applicable.
   
(g)
  
Not applicable.
   
(h)
  
Not applicable.
 
*Previously filed.
 
EX-99.(A)(5)(II) 2 ex99a5iitota106922002_060208.htm ex99a5iitota106922002_060208.htm
PRESS RELEASE

FOR IMMEDIATE RELEASE:


RWD ACQUISITION I LLC ANNOUNCES EXPIRATION OF TENDER OFFER

New York, NY – June 2, 2008 — RWD Acquisition I LLC (“RWD”) announced today that the offering period to its previously announced tender offer for up to 4,000,000 shares of common stock, par value $0.0001 per share (the "Shares") of Pharmacyclics, Inc. ("Pharmacyclics") expired at midnight, New York time, on May 30, 2008. Based upon a preliminary tally by The Colbent Corporation, the depositary for the offer, 1,758,060 Shares were tendered and approximately 224,621 additional Shares were guaranteed for delivery within three trading days, for a preliminary total of 1,982,681 Shares (representing approximately 7.6% of all outstanding Shares). All tendered Shares were accepted for payment pursuant to the terms of the offer. Payment for Shares accepted for purchase is expected to be made promptly.

After giving effect to the results of the offer and previous share acquisitions, Robert W. Duggan, who is the sole member of RWD, may the beneficial holder of up to 6,370,097 Shares, representing approximately 24.5% of all outstanding Shares. According to Pharmacyclics’ most recent Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, filed with the Securities and Exchange Commission on April 29, 2008, as of that date, there were 25,994,490 Shares issued and outstanding, entitled to one vote per Share.

Questions should be directed to the offer information agent, Mackenzie Partners, Inc., at 1-800-322-2885.


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