SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
(Name of Subject Company (Issuer) and Filing Person (Offeror))
Class A Common Stock, par value $0.001 per share
(Title of Class of Securities)
(CUSIP Number of Class of Securities)
Dan L. Reed
625 Westport Parkway
Grapevine, Texas 76051
(Name, address, and telephone numbers of person authorized to receive notices and communications on behalf of filing persons)
with a copy to:
Michael H. Friedman, Esq.
Pepper Hamilton LLP
3000 Two Logan Square
Eighteenth and Arch Streets
Philadelphia, PA 19103-2799
CALCULATION OF FILING FEE
|Transaction Valuation(1)||Amount of Filing Fee(2)|
Calculated solely for purposes of determining the amount of the filing fee. This calculation assumes the purchase of a total of 12,000,000 outstanding shares of the Class A Common Stock, par value $0.001 per share, of GameStop Corp. at the maximum tender offer price of $6.00 per share in cash.
The amount of the filing fee, calculated in accordance with Rule 0–11 under the Securities Exchange Act of 1934, as amended, equals $121.20 per million dollars of the value of the transaction.
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: $8,726.40||Filing Party: GameStop Corp.|
|Form or Registration No.: ScheduleTO-I||Date Filed: June 11, 2019|
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 toRule 14d-1.
issuer tender offer subject toRule 13e-4.
going-private transaction subject toRule 13e-3.
amendment to Schedule 13D underRule 13d-2.
Check the following box if the filing is a final amendment reporting the results of the tender offer: ☐
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
Rule 13e-4(i) (Cross-Border Issuer Tender Offer)
Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)
AMENDMENT NO. 2 TO SCHEDULE TO
This Amendment No. 2 (“Amendment No. 2”) amends and supplements the Tender Offer Statement on Schedule TO originally filed by GameStop Corp., a Delaware corporation (the “Company”), on June 11, 2019 and amended by Amendment No. 1 thereto filed on June 14, 2019 (as amended, the “Schedule TO”) in connection with the Company’s offer to purchase 12,000,000 of its issued and outstanding shares of Class A Common Stock, par value $0.001 per share (the “Shares”), or such lesser number of Shares as is properly tendered and not properly withdrawn, at a price not greater than $6.00 per Share and not less than $5.20 per Share, to the tendering stockholder in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in the Offer to Purchase, dated June 11, 2019 (the “Offer to Purchase”).
As disclosed in the Schedule TO, the respective employment agreements between the Company and each of James A. Bell, the Company’s Executive Vice President and Chief Financial Officer, and Chris R. Homeister, the Company’s Executive Vice President and Chief Merchandising Officer, provide for the award to each of Mr. Bell and Mr. Homeister on July 1, 2019 of a number of restricted Shares determined by dividing $1,300,000 by the average closing price of the Shares for the five trading days immediately preceding July 1, 2019 (in each case consisting of 50% time-vested restricted Shares and 50% performance-based restricted Shares). This Amendment No. 2 is being filed to reflect the issuance on July 1, 2019 of 238,096 restricted Shares to each of Mr. Bell and Mr. Homeister in accordance with their respective employment agreements.
Only those items amended and supplemented are reported in this Amendment No. 2. Except as specifically provided herein, the information contained in the Schedule TO remains unchanged, and this Amendment No. 2 does not modify any of the other information previously reported on Schedule TO. You should read this Amendment No. 2 together with the Schedule TO, the Offer to Purchase, and the related Letter of Transmittal.
ITEM 5.Past Contacts, Transactions, Negotiations and Agreements.
Item 5 is hereby amended and supplemented as follows:
The table set forth under the heading “Recent Securities Transactions” set forth in Section 11 (“Interests of Directors and Executive Officers; Recent Securities Transactions; Transactions and Arrangements Concerning the Shares”) of the Offer to Purchase is hereby amended and supplemented by adding the following transactions:
Name of Reporting Person
James A. Bell
| ||July 1,|
| || ||Grant of|
| ||238,096 (9)||$||0.00||(9)|
Chris R. Homeister
| ||July 1,|
| || ||Grant of|
| ||238,096 (9)||$||0.00||(9)|
Represents 119,048 time-vested restricted Shares and 119,048 performance-based restricted Shares.
ITEM 8.Interest in Securities of the Subject Company.
Item 8 is hereby amended and supplemented as follows:
The changes described above in Item 5 of this Amendment No. 2 are hereby incorporated into this Item 8 by reference.
ITEM 11.Additional Information.
Item 11 is hereby amended and supplemented as follows:
The changes described above in Item 5 of this Amendment No. 2 are hereby incorporated into this Item 11 by reference.
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.
|By:||/s/ James A. Bell|
|Name:||James A. Bell|
|Title:||Executive Vice President and Chief Financial Officer|
Date: July 1, 2019