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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101. Information to be Included in Statements
Filed Pursuant to Section 240.13d-2(a))
Under the Securities Exchange Act of 1934
(Amendment No. __)*
i2 Technologies, Inc.
(Name of Issuer)
Common Stock, $0.00025 par value per share
(Title of Class of Securities)
465754208
(CUSIP Number)
G. Michael Bridge
Senior Vice President, General Counsel and Secretary
JDA Software Group, Inc.
14400 N. 87th Street
Scottsdale, AZ 85260-3649
(480) 308-3000
Copies to:
Steven D. Pidgeon, Esq.
DLA Piper US LLP
2525 East Camelbock Road, Suite 1000
Phoenix, AZ 85016-4232
(480) 606-5124
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 4, 2009
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition
that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the
schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
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* The remainder of this cover page shall be filled out for a reporting persons initial filing on
this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for
the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise
subject to the liabilities of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
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CUSIP No. |
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565011103 |
Page 2 of 6 |
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1 |
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NAMES OF REPORTING PERSONS:
JDA Software Group, Inc. |
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP (SEE INSTRUCTIONS):
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(a) o |
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(b) o |
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3 |
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SEC USE ONLY: |
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4 |
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SOURCE OF FUNDS (SEE INSTRUCTIONS): |
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OO |
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5 |
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): |
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o |
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6 |
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CITIZENSHIP OR PLACE OF ORGANIZATION: |
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Delaware
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7 |
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SOLE VOTING POWER: |
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NUMBER OF |
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None |
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SHARES |
8 |
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SHARED VOTING POWER: |
BENEFICIALLY |
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OWNED BY |
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6,505,344(1) |
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EACH |
9 |
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SOLE DISPOSITIVE POWER: |
REPORTING |
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PERSON |
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None |
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WITH |
10 |
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SHARED DISPOSITIVE POWER: |
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None |
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11 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON: |
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6,505,344(1) |
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12 |
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CHECK IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): |
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o
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13 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11): |
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22.4%(2) |
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14 |
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TYPE OF REPORTING PERSON (SEE
INSTRUCTIONS): |
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CO |
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(1) |
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Based on data provided to JDA Software Group, Inc. (JDA) by i2
Technologies, Inc. (i2). Beneficial ownership of the i2 common stock referred to
herein is being reported hereunder solely because JDA may be deemed to have beneficial
ownership, as a result of the Voting Agreements (described further in Items 3 and 4 of this
Schedule 13D) among JDA and certain stockholders of i2 and the
irrevocable proxies
associated therewith, of 6,505,344 shares of i2 common stock,
consisting of: 265,834 shares of
outstanding i2 common stock, 807,547 shares of i2 common stock subject to outstanding
unexercised options, 651,920 i2 restricted stock units which are settleable in i2 common stock
and 4,780,043 shares of i2 common stock currently issuable upon the
conversion of 110,658
outstanding shares of i2 Series B 2.5% Convertible Preferred Stock. The holders of i2 Series B
2.5% Convertible Preferred have the right to vote on all matters presented to the holders of i2
common stock for a vote on an as converted to common stock basis. The filing of this Schedule
13D shall not be construed as an admission that JDA is, for purposes of Section 13(d) of the
Securities Exchange Act of 1934, as amended, or for any other purpose, the beneficial owner of
any of such shares of i2. |
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(2) |
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Based upon 29,024,416 common shares of i2, including
22,784,906 of i2 common stock
outstanding on October 30, 2009 (as represented by i2 in the Agreement and Plan of Merger dated
as of November 4, 2008 by and among i2, JDA and Alpha Acquisition Corp.) and the following
shares of i2 common shares and other rights to acquire i2 common shares held by the parties to
the Voting Agreements as provided to JDA by such parties: 807,547 shares of i2 common stock subject to
outstanding unexercised options, 651,920 i2 restricted stock units which are settleable in i2
Common Stock and 4,780,043 shares of i2 common stock currently issuable upon the conversion of
110,658 outstanding shares of i2 Series B 2.5% Convertible Preferred Stock. |
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CUSIP No. |
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565011103 |
Page 3 of 6 |
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Item 1. Security and Issuer.
This statement on Schedule 13D relates to the Common Stock, par value $0.00025 per share
(Common Stock), of i2 Technologies, Inc., a Delaware corporation (i2). The
address of the principal executive office of i2, the issuer, is 11701 Luna Road, Dallas, Texas
75234.
Item 2. Identity and Background.
This statement is filed by JDA Software Group, Inc. (JDA), a corporation organized
under the laws of the State of Delaware. JDAs principal business is providing software solutions
designed specifically to address the demand and supply chain management, business process, decision
support, inventory transaction support, e-commerce, inventory optimization and replenishment,
collaborative planning and forecasting, space and floor planning, and store operations requirements
of the retail industry and its suppliers. The address of JDAs principal business and principal
office is 14400 N. 87th Street, Scottsdale, AZ 85260-3649.
The names, business addresses, citizenship, and present principal occupation or employment of
the directors and executive officers of JDA are as set forth in Annex 1 hereto and incorporated
herein by this reference.
Neither JDA, nor, to its knowledge, any person listed in Annex 1 hereto has during the last
five years (a) been convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (b) been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree
or final order enjoining future violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
As an inducement for JDA to enter into the Merger Agreement (as defined in Item 4 below) with
i2, and in consideration thereof, certain beneficial owners of an
aggregate of 1,725,301 shares of
i2 Common Stock outstanding and subject to rights to acquire and an
aggregate of 110,658 shares of
i2 Series B 2.5% Convertible Preferred Stock (which are
currently convertible into 4,780,043 shares of
i2 Common Stock) (the Stockholders) entered into voting agreements, each dated as of
November 4, 2009, with JDA (the Voting Agreements) whereby each Stockholder has agreed to
vote with respect to such Stockholders shares of i2 Common Stock and Series B 2.5% Convertible Preferred Stock
(voting on an as converted to Common Stock basis) and have appointed JDA as such Stockholders
proxy and attorney-in fact to vote such shares as described in Item 4 below. No funds were used
and no funds are to be used by JDA in entering into the Voting Agreements and in acquiring the
proxies thereunder. The Voting Agreements and proxies were acquired by JDA as part of the package
of agreements as described in Item 4 below. Copies of the Merger Agreement and the forms of Voting
Agreements are filed as Exhibits 2.1, 10.1 and 10.2, respectively, to JDAs Current Report on Form
8-K filed with the Securities and Exchange Commission (the
SEC) on November 5, 2009, and are
incorporated by reference herein.
Item 4. Purpose of Transaction.
i2,
JDA and Alpha Acquisition Corp., a wholly-owned subsidiary of JDA (Merger
Sub), have entered into a definitive Agreement and Plan of
Merger, dated as of November 4, 2009
(the Merger Agreement). Pursuant to the Merger Agreement, Merger Sub will merge with and
into i2, with i2 becoming a wholly-owned subsidiary of JDA (the Merger).
As provided in the Merger Agreement, JDA intends to raise approximately $275 million of senior
unsecured notes through a best efforts financing between the signing date and December 18, 2009.
If JDA raises sufficient funds and satisfies other conditions in the definitive merger agreement by
December 18, 2009, each issued and outstanding share of i2 common stock will be converted into the
right to receive approximately $12.70 in cash and 0.256 of a share of JDA common stock with a
combined value equal to $18.00 per share based on JDAs closing stock price on November 4, 2009
(the Intended Structure).
If JDA does not raise sufficient funds and meet the conditions necessary to complete the
transaction under the Intended Structure, then the parties will proceed with the Alternative
Structure (as defined below). Under the Alternative Structure, each issued and outstanding share of
i2 common stock will be converted into the right to receive approximately $6.00 in cash and 0.580
of a share of JDA common stock with a combined value of $18.00 per share based on JDAs stock price
on November 4, 2009 (the Alternative Structure).
Under either the Intended Structure or the Alternative Structure, each issued and outstanding
share of i2s Series B 2.5% Convertible Preferred Stock will be converted into the right to receive
$1,100.00 per share in cash, and will receive all accrued and unpaid dividends.
As stated in Item 3 above, the Voting Agreements were entered into as an inducement for, and
in consideration of, JDAs entering into the Merger Agreement. The Merger is subject to the
approval of the i2 stockholders, clearance under the
Hart-Scott-Rodino Antitrust Improvements Act and other closing
conditions.
If the transaction proceeds with the Alternative Structure, approval by JDA stockholders will also
be required.
Pursuant to the Voting Agreements, each of the Stockholders agreed, among other things, to
vote its shares of i2 Common Stock and Series B 2.5% Convertible Preferred Stock, on an as converted to
Common Stock basis, in favor
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CUSIP No. |
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465754208 |
Page 4 of 6 |
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of the Merger. JDA, and such designees as it may name, were appointed as the Stockholders
attorney-in-fact and each Stockholder executed an irrevocable proxy to vote such Stockholders
shares of Common Stock and Series B 2.5% Convertible Preferred Stock, on an as converted to Common Stock basis, for
the limited purposes set forth above, with respect to any meeting of the stockholders of i2 or any
consent in lieu of any such meeting or otherwise. As of
November 4, 2009, the Stockholders
beneficially owned 6,505,344 shares of i2 Common Stock in the aggregate, (including 4,780,043
shares of i2 Common Stock which are currently issuable upon the conversion of 110,658 outstanding
shares of i2 Series B 2.5% Convertible Preferred Stock), which represents 22.4% in the aggregate of all of
the outstanding shares of i2 Common Stock, based upon 29,024,416 shares of i2 Common Stock,
including 22,784,096 of i2 Common Stock outstanding on
October 30, 2009 (as represented by i2 in the
Merger Agreement) and the following shares of i2 Common Stock and other rights to acquire i2 Common
Stock held by the parties to the Voting Agreements as provided to JDA
by such parties: 807,547 shares of i2
Common Stock subject to outstanding unexercised options, 651,920 i2 restricted stock units
settleable in shares of i2 Common Stock and 4,780,043 shares of i2 Common Stock currently issuable
upon the conversion of 110,658 outstanding shares of i2 Series B 2.5% Convertible Preferred Stock. The
holders of i2 Series B 2.5% Convertible Preferred Stock have the right to vote on all matters presented
to the holders of i2 Common Stock for a vote, on an as converted to i2 Common Stock basis.
None of the Stockholders were paid any additional consideration in connection with entering
into the Voting Agreement. The Stockholders have agreed, subject to limited exceptions, not to
sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any contract,
option or other arrangement or understanding with respect to the sale, transfer, pledge,
encumbrance, assignment or other disposition of any shares of i2 Common Stock beneficially owned or
acquire by them until the termination of their respective Voting Agreement. The Voting Agreements
and proxy terminate upon the earlier to occur of (a) the Effective Time, (b) such date and time as
the Merger Agreement shall have been terminated in accordance with its terms, (c) any time JDA
provides notice to the stockholder of the termination, and, in one case, (d) certain amendments to the
Merger Agreement without such stockholders prior written consent.
There can be no assurance that the Merger will occur. Should the Merger be consummated, i2
Common Stock will cease to be listed on the NASDAQ Stock Market and will become eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as
amended.
The foregoing summary of certain provision of the Merger Agreement and the Voting Agreements
is not intended to be complete and is qualified in its entirety by reference to JDAs Current
Report on Form 8-K filed with the SEC on November 5, 2009, and the exhibits attached thereto, including the
Merger Agreement and the Voting Agreements.
Item 5. Interest in Securities of the Issuer.
a) b) As of the filing date of this Schedule 13D, as a result of the Voting Agreements, JDA
may be deemed to have: (i) beneficial ownership (within the meaning of Rule 13d-3 under the
Exchange Act) of, and (ii) shared power to vote or direct the vote of, 6,505,344 shares of i2
Common Stock (including 4,780,043 shares of i2 Common Stock currently issuable upon the conversion
of 110,658 outstanding shares of i2 Series B 2.5% Convertible Preferred Stock) which represents 22.4% of
the shares of i2 Common Stock deemed to be outstanding, pursuant to Rule 13d-3(d)(1), including
4,780,043 shares of i2 Common Stock currently issuable upon the conversion of 110,658 outstanding
shares of i2 Series B 2.5% Convertible Preferred Stock, subject to the conditions and limitations of the
Voting Agreements.
Apart from the terms and conditions set forth in the Voting Agreements, JDA is not entitled to
any rights of a stockholder of i2. JDA does not, other than as specified in the Voting Agreements,
have (1) sole or shared power to vote or direct the vote of i2 Common Stock or i2 Series B
2.5% Convertible Preferred Stock; or (2) sole or shared power to dispose or direct the disposition of i2
Common Stock or i2 Series B 2.5% Convertible Preferred Stock.
JDA disclaims any beneficial ownership of such shares, and nothing herein shall be deemed to
be an admission by JDA as to the beneficial ownership of such shares.
To JDAs knowledge, no shares of i2 Common Stock or i2 Series B 2.5% Convertible Preferred Stock
are beneficially owned by any of the persons identified in Annex 1 hereto.
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CUSIP No. |
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465754208 |
Page 5 of 6 |
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c) Except as set forth or incorporated herein, neither JDA nor, to JDAs knowledge, any of the
individuals referred to in Annex 1 hereto, has effected any transaction in i2 Common Stock or i2
Series B 2.5% Convertible Preferred Stock during the past 60 days.
d) Except as set forth in this Statement, to the knowledge of JDA, no other person is known to
have the right to receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of i2 Common Stock or i2 Series B 2.5% Convertible Preferred Stock held by
the Stockholders.
e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the
Issuer.
The information set forth, or incorporated by reference, in Items 3 through 5 of this
statement is hereby incorporated by this reference. To JDAs knowledge, except as otherwise
described in this Schedule 13D, there are no contracts, arrangements, understandings or
relationships among the persons named in Item 2 above, and between any such person and any other
person, with respect to any securities of i2.
Item 7. Material to be Filed as Exhibits
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EXHIBIT NO. |
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DESCRIPTION |
1.
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Agreement and Plan of Merger, dated November 4, 2009, by and
between i2 Technologies, Inc., Alpha Acquisition Corp. and
JDA Software Group, Inc. (incorporated herein by reference to
Exhibit 2.1 to JDA Software Group, Inc.s Current Report on
Form 8-K filed with the SEC on November 5, 2009). |
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2.
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Form of Voting Agreement for stockholders dated as of
November 4, 2009 (incorporated herein by reference to Exhibit
10.1 to the Current Report on Form 8-K filed November 5, 2009).
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3.
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Form of Voting Agreement for officers and directors, dated as
of November 4, 2009 (incorporated herein by reference to
Exhibit 10.2 to the Current Report on Form 8-K filed
November 5, 2009). |
After reasonable 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.
Date: November 5, 2009
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JDA Software Group, Inc.
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/s/ G. Michael Bridge
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G. Michael Bridge |
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Senior Vice President, General Counsel and Secretary |
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CUSIP No. |
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565011103 |
Page 6 of 6 |
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Annex 1
Information Concerning Executive Officers and
Directors of JDA Software Group, Inc.
The current corporate officers and directors of JDA Software Group, Inc. are listed below.
The current business address of each person is 14400 N. 87th Street, Scottsdale, Arizona 85260-3649
and the current phone number is (480) 308-3460. Unless otherwise noted, each of the individuals
listed below is, to JDAs knowledge, a United States citizen.
1. Officers of JDA Software Group, Inc.
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Name |
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Present Position with JDA |
Hamish N. J. Brewer
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President and Chief Executive Officer |
Peter S. Hathaway
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Executive Vice President and Chief Financial Officer |
Chris
Moore
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Executive Vice President, Services |
Jason
Zintak
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Executive Vice President of Sales
and Marketing |
Brian P. Boylan
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Senior Vice President, Human Resources |
G. Michael Bridge
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Senior Vice President, General Counsel and Secretary |
Tom Dziersk
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Senior Vice President, Americas |
David J. Johnston
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Senior Vice President, Supply Chain |
David R. King
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Senior Vice President, Product Development |
Duane
Kotsen
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Senior Vice President,
Implementation Services |
Wayne J. Usie
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Senior Vice President, Retail |
2. Directors of JDA Software Group, Inc.
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Name |
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Position/Present Principal Occupation or Employment |
James D. Armstrong
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Chairman of JDA Software Group, Inc. |
Hamish N. J. Brewer
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President and Chief Executive
Officer of JDA Software Group, Inc. |
J. Michael Gullard
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General Partner of Cornerstone Management |
Douglas G. Marlin*
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Former President and principal owner of Marlin Ventures, Inc. |
Jock Patton
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Private investor |
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*
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Douglas G. Marlin is a Citizen of Canada |