Home/Filings/3/0001181431-09-058720
3//SEC Filing

SEMITOOL INC 3

Accession 0001181431-09-058720

CIK 0000934550operating

Filed

Dec 23, 7:00 PM ET

Accepted

Dec 24, 8:15 PM ET

Size

8.5 KB

Accession

0001181431-09-058720

Insider Transaction Report

Form 3
Period: 2009-12-18
Holdings
  • COMMON STOCK

    (indirect: Beneficially owned through direct, wholly-owned subsidiary)
    32,947,706
Holdings
  • COMMON STOCK

    (indirect: Beneficially owned through direct, wholly-owned subsidiary)
    32,947,706
Footnotes (3)
  • [F1]In accordance with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 16, 2009, by and among Applied Materials, Inc., a Delaware corporation ("Applied"), Jupiter Acquisition Sub, Inc., a Montana corporation and a wholly-owned subsidiary of Applied ("Acquisition Sub"), and Semitool, Inc., a Montana corporation ("Semitool"), on November 19, 2009, Acquisition Sub commenced a cash tender offer (the "Offer") to purchase all outstanding shares of common stock, no par value per share, of Semitool (the "Shares") at a price of $11.00 per Share, without interest thereon and less any required withholding tax, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated November 19, 2009, and in the related Letter of Transmittal, included as exhibits to the Tender Offer Statement on Schedule TO filed by Applied and Acquisition Sub on such date with the Securities and Exchange Commission.
  • [F2]The Offer expired at 12:00 midnight, Eastern Standard Time, on December 17, 2009. An aggregate of 31,383,084 Shares were validly tendered and not properly withdrawn immediately prior to the expiration of the Offer, representing approximately 95% of the Shares outstanding as of December 17, 2009. On December 18, 2009, Acquisition Sub accepted for payment all validly tendered and not properly withdrawn Shares.
  • [F3]Following Acquisition Sub's acceptance for payment of all validly tendered and not properly withdrawn Shares, on December 21, 2009, pursuant to the terms of the Merger Agreement, Semitool merged with and into Acquisition Sub (the "Merger") and each Share of Semitool (other than shares owned by Applied or Semitool or by shareholders of Semitool who property assert dissenters' rights under Montana law) was automatically converted into the right to receive $11.00 in cash, without interest thereon and less any required withholding tax. As a result of the Merger, Applied and Jupiter Acquisition Sub acquired beneficial ownership of 32,947,706 Shares, representing 100% of the Shares.

Issuer

SEMITOOL INC

CIK 0000934550

Entity typeoperating
IncorporatedMT

Related Parties

1
  • filerCIK 0000934550

Filing Metadata

Form type
3
Filed
Dec 23, 7:00 PM ET
Accepted
Dec 24, 8:15 PM ET
Size
8.5 KB