INGRAM MICRO INC
424B3, 1998-09-02
COMPUTERS & PERIPHERAL EQUIPMENT & SOFTWARE
Previous: WINTRUST FINANCIAL CORP, 8-A12G, 1998-09-02
Next: CORPORATE SPONSORED VUL SEPARATE ACCOUNT I, N-30D, 1998-09-02



<PAGE>   1

                                                    This filing is made pursuant
                                                    to Rule 424(b)(3) under the
                                                    Securities Act of 1933 in
                                                    connection with Registration
PROSPECTUS SUPPLEMENT NO. 5 TO                      No. 333-58857
PROSPECTUS DATED JULY 23, 1998
 
                               INGRAM MICRO INC.
                 $1,330,000,000 PRINCIPAL AMOUNT AT MATURITY OF
               ZERO COUPON CONVERTIBLE SENIOR DEBENTURES DUE 2018
                                      AND
                        SHARES OF CLASS A COMMON STOCK,
          PAR VALUE $0.01 PER SHARE, ISSUABLE UPON CONVERSION THEREOF
 
     This Prospectus Supplement relates to the resale by the holders (the
"Selling Securityholders") of Zero Coupon Convertible Senior Debentures due 2018
(the "Debentures") of Ingram Micro Inc. (the "Company") and the shares of Class
A Common Stock, par value $0.01 per share ("Common Stock"), of the Company
issuable upon the conversion of the Debentures (the "Conversion Shares").
 
     This Prospectus Supplement should be read in conjunction with the
Prospectus dated July 23, 1998, which is to be delivered with this Prospectus
Supplement. All capitalized terms used herein but not defined in this Prospectus
Supplement shall have the meanings given them in the Prospectus.
 
     The table below sets forth information as of the date hereof concerning
beneficial ownership of the Debentures and Common Stock by the Selling
Securityholders therein listed. All information concerning beneficial ownership
has been furnished by the Selling Securityholders.
<TABLE>
<CAPTION>
                            PRINCIPAL
                            AMOUNT OF                        NUMBER          OTHER
                           DEBENTURES    PERCENTAGE OF   OF CONVERSION     SHARES OF     PERCENTAGE OF      PERCENTAGE OF
                              THAT        DEBENTURES      SHARES THAT     COMMON STOCK    COMMON STOCK      COMMON EQUITY
          NAME             MAY BE SOLD    OUTSTANDING    MAY BE SOLD(1)       HELD       OUTSTANDING(2)   OUTSTANDING(2)(3)
          ----             -----------   -------------   --------------   ------------   --------------   -----------------
<S>                        <C>           <C>             <C>              <C>            <C>              <C>
Beneficial Standard Life
  Insurance Co.
  Convertible............  $2,000,000           *            10,990            0                *             *
BT Alex Brown Inc. ......  $35,000,000        2.6%          192,325            0                *             *
BT Holdings New York,
  Inc. ..................  $21,000,000        1.6%          115,395            0                *             *
GLG Global Convertible
  Fund...................  $20,000,000        1.5%          109,900            0                *             *
JMG Convertible
  Investments L.P. ......  $2,000,000           *            10,990            0                *             *
Smith Barney Inc. .......  $2,500,000           *            13,737            0                *             *
Teachers Insurance and
  Annuity Association of
  American...............  $14,000,000        1.1%           76,930            0                *             *
Triton Capital
  Investments, Ltd. .....  $2,000,000           *            10,990            0                *             *
 
<CAPTION>
 
                           PERCENTAGE OF VOTING
                                 POWER OF
                              COMMON EQUITY
          NAME             OUTSTANDING(2)(3)(4)
          ----             --------------------
<S>                        <C>
Beneficial Standard Life
  Insurance Co.
  Convertible............      *
BT Alex Brown Inc. ......      *
BT Holdings New York,
  Inc. ..................      *
GLG Global Convertible
  Fund...................      *
JMG Convertible
  Investments L.P. ......      *
Smith Barney Inc. .......      *
Teachers Insurance and
  Annuity Association of
  American...............      *
Triton Capital
  Investments, Ltd. .....      *
</TABLE>
 
- ---------------
 *  Less than 1%.
 
(1) Assumes conversion of the full amount of Debentures held by such holder at
    the initial conversion rate of 5.495 shares of Common Stock per $1,000
    principal amount at maturity of Debentures; such conversion rate is subject
    to adjustment as described under "Description of Debentures -- Conversion of
    Debentures." Accordingly, the number of shares of Common Stock issuable upon
    conversion of the Debentures may increase or decrease from time to time.
    Under the terms of the Indenture, fractional shares will not be issued upon
    conversion of the Debentures; cash will be paid in lieu of fractional
    shares, if any.
 
(2) Computed in accordance with Rule 13d-3(d)(i) promulgated under the Exchange
    Act and based upon 40,331,321 shares of Common Stock outstanding as of July
    4, 1998, treating as outstanding the number of Conversion Shares shown as
    being issuable upon the assumed conversion by the named holder of the full
    amount of such holder's Debentures but not assuming the conversion of the
    Debentures of any other holder.
 
(3) Based upon 99,281,252 shares of Class B Common Stock outstanding as of July
    4, 1998. See "Description of Capital Stock" in the Prospectus.
 
(4) Each share of Common Stock entitles the holder to one vote on each matter
    submitted to a vote of the Company's shareowners and each share of Class B
    Common Stock entitles the holder to ten votes on each such matter. See
    "Description of Capital Stock -- Common Equity -- Voting Rights" in the
    Prospectus.
                            ------------------------
 
     PROSPECTIVE INVESTORS SHOULD CAREFULLY CONSIDER THE MATTERS DISCUSSED UNDER
THE CAPTION "RISK FACTORS" COMMENCING ON PAGE 6 OF THE PROSPECTUS.

                            ------------------------
 
  THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
       EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE
           SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
               COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF
                   THIS PROSPECTUS. ANY REPRESENTATION TO THE
                        CONTRARY IS A CRIMINAL OFFENSE.

                            ------------------------
 
          THE DATE OF THIS PROSPECTUS SUPPLEMENT IS SEPTEMBER 2, 1998.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission