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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) of the
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) June 2, 2000
POWER-ONE, INC.
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(Exact name of registrant as specified in charter)
DELAWARE 0-29454 77-0420182
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(State or other Jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
740 CALLE PLANO, CAMARILLO, CA 93012
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(Address of principal executive offices)
Registrant's telephone number, including area code: (805) 987-8741
NOT APPLICABLE
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
At its May 9, 2000 meeting, the Board of Directors of the registrant
declared a three-for-two stock split of the registrant's common stock. The
stock split was effected in the form of a 50 percent stock dividend payable
June 2, 2000 to the stockholders of record May 24, 2000. A copy of the press
release relating to the stock split is attached as an exhibit and
incorporated herein by reference.
As of May 24, 2000, the record date, 243,823 shares out of the 789,760
shares of the registrant's common stock registered under the registration
statement on Form S-3 (Registration No. 333-34174), as filed with the
Securities and Exchange Commission on April 6, 2000 (the "Registration
Statement"), had not been sold. As a result of the stock split, the aggregate
number of shares covered by the Registration Statement is increased by
121,911 shares to a total of 911,671 shares. The Registration Statement
covers shares to be sold from time to time by the former shareholders of HC
Power, Inc. who received the shares in connection with the registrant's
February 29, 2000 acquisition of HC Power.
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ITEM 7. EXHIBITS
Exhibit No. Name of Item Page No.
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99.1 Press Release of Power-One, Inc., dated May 10,
2000, relating to three-for-two stock split of
the company's common stock.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: June 19, 2000 POWER-ONE, INC.
By: /s/ Steven J. Goldman
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Steven J. Goldman
Chairman of the Board and Chief
Executive Officer
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