SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JUNE 30, 2000
INKTOMI CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 000-24339 94-323810
(STATE OR OTHER JURISDICTION OF COMMISSION FILE (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) NUMBER IDENTIFICATION NUMBER)
4100 E. THIRD AVENUE
FOSTER CITY, CA 94404
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(650) 653-2800
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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ITEM 5. OTHER EVENTS
On June 30, 2000 the board of directors of Inktomi Corporation adopted
a Shareholders' Rights Plan. Under the plan, Inktomi will issue a dividend of
one right for each share of common stock -- par value of $0.001 per share -- of
Inktomi held by stockholders of record as of the close of business on August 21,
2000. The plan is designed to assure stockholders fair value in the event of a
future unsolicited business combination or similar transaction involving
Inktomi. Each right will initially entitle stockholders to purchase a fractional
share of the Inktomi's preferred stock for $1000.00. However, the rights are not
immediately exercisable and will become exercisable only upon the occurrence of
certain events. Upon certain other events, unless redeemed for $0.001 per right,
the rights will become exercisable by holders, other than rights held by an
unsolicited third party acquirer, for shares of Inktomi or of the third party
acquirer having a value of twice the right's then-current exercise price.
Further details of the plan are outlined in a letter that will be mailed to
stockholders as of the record date.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act or 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INKTOMI CORPORATION
(Registrant)
Date: July 14, 2000
By: /s/ David C. Peterschmidt
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David C. Peterschmidt
President and Chief Executive Officer