<PAGE> 1
Filed Pursuant to Rule 424(b)(3)
Registration No. 333-32468
PROSPECTUS SUPPLEMENT NO. 12
(TO PROSPECTUS DATED MARCH 14, 2000)
$650,000,000
CONEXANT SYSTEMS, INC.
4% CONVERTIBLE SUBORDINATED NOTES DUE FEBRUARY 1, 2007
SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OF THE NOTES
This Prospectus Supplement No. 12 supplements and amends the Prospectus
dated March 14, 2000, the Prospectus Supplement dated April 7, 2000, Prospectus
Supplement No. 2 dated April 14, 2000, Prospectus Supplement No. 3 dated April
21, 2000, Prospectus Supplement No. 4 dated April 28, 2000, Prospectus
Supplement No. 5 dated May 5, 2000, Prospectus Supplement No. 6 dated May 12,
2000, Prospectus Supplement No. 7 dated May 18, 2000, Prospectus Supplement No.
8 dated May 26, 2000, Prospectus Supplement No. 9 dated June 1, 2000, Prospectus
Supplement No. 10 dated June 9, 2000 and Prospectus Supplement No. 11 dated June
16, 2000 (as amended, the "Prospectus"), relating to the resale from time to
time by holders of our 4% Convertible Subordinated Notes Due February 1, 2007
and shares of our common stock issuable upon the conversion of the notes. Such
information has been obtained from the selling securityholders. This prospectus
supplement should be read in conjunction with the Prospectus.
The information appearing in the table below, as of the date hereof,
further supplements and amends the information in the table appearing under the
heading "Selling Securityholders" in the Prospectus:
<TABLE>
<CAPTION>
PRINCIPAL
AMOUNT OF
NOTES
BENEFICIALLY PERCENTAGE OF COMMON STOCK OWNED COMMON STOCK
OWNED AND NOTES PRIOR TO THE OFFERED
NAME OFFERED HEREBY OUTSTANDING OFFERING HEREBY
---- -------------- ------------- ------------------ ------------
<S> <C> <C> <C> <C>
Key Asset Management as Agent for the Victory $ 500,000 * 4,629 4,629
Convertible Securities Fund
Any other holder of notes or future transferee $14,220,000 2.19% 131,666 131,666
from any such holder
</TABLE>
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*Less than one percent.
The number of shares of common stock owned prior to the offering
includes shares of common stock into which the notes are convertible. The number
of shares of common stock offered hereby is based on a conversion price of
$108.00 per share of common stock and a cash payment in lieu of any fractional
share. Information concerning other selling securityholders will be set forth in
prospectus supplements from time to time, if required. The number of shares of
common stock owned by the other selling securityholders or any future transferee
from any such holder assumes that they do not beneficially own any common stock
other than common stock into which the notes are convertible at a conversion
price of $108.00 per share.
INVESTING IN THE NOTES OR THE COMMON STOCK INTO WHICH THE NOTES ARE
CONVERTIBLE INVOLVES A HIGH DEGREE OF RISK. PLEASE CONSIDER THE "RISK FACTORS"
BEGINNING ON PAGE 3 OF THE PROSPECTUS.
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR 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 July 7, 2000.
