<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
SANDISK CORPORATION
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(NAME OF ISSUER)
COMMON STOCK
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(Title of Class of Securities)
80004C 10 1
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(CUSIP Number)
William L. Hudson
Sr. Vice President, General Counsel and Corporate Secretary
Seagate Technology, Inc.
920 Disc Drive
Scotts Valley, California 95067
(831) 438-6550
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
July 28, 2000
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(Date of Event which Requires Filing of this Statement)
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If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d.1(b)(3) or (4), check
the following box. [_]
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
The remainder of this cover page shall be filled out for a reporting
Person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
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<TABLE>
<CAPTION>
CUSIP No. 80004C 10 1
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<S> <C>
1. Names of Reporting Persons--Seagate Technology, Inc.
I.R.S. Identification Nos. of above persons (entities only)
--94-2612933
------------ -------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) N/A
(b) N/A
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3. SEC Use Only
------------ -------------------------------------------------------------------
4. Source of Funds (See Instructions) N/A
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e)
------------ -------------------------------------------------------------------
6. Citizenship or Place of Organization -Delaware
------------ -------------------------------------------------------------------
Number of 7. Sole Voting Power: 0
Shares -------------------------------------------------------------------
Beneficially 8. Shared Voting Power: 0
Owned by -------------------------------------------------------------------
Each Reporting 9. Sole Dispositive Power: 0
Person With -------------------------------------------------------------------
10. Shared Dispositive Power: 0
------------ -------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person. 0
------------ -------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
------------ -------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11) 0%
------------ -------------------------------------------------------------------
14. Type of Reporting Person (See Instructions) - CO
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ITEM 1. SECURITY AND ISSUER.
This Amendment No. 1 amends the Statement on Schedule 13D filed with the
Securities and Exchange Commission on November 13, 1995 by Seagate Technology,
Inc., a Delaware company ("Seagate") with respect to the Common Stock, par value
$0.001 per share, of SanDisk Corporation ("SanDisk Common Stock"), a Delaware
corporation ("SanDisk" or "Issuer"). The principal executive offices of SanDisk
are located at 140 Caspian Court, Sunnyvale, California 94089.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended to reflect changes in Schedule I attached hereto.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended and supplemented as follows:
In a series of open-market transactions from November 11, 1999 through July
12, 2000 and a private transaction on July 28, 2000, Seagate sold 12,282,748
shares (as adjusted) of SanDisk Common Stock, reducing Seagate's beneficial
ownership to 0%.
The transactions reported in this Amendment No. 1 reduce Seagate's
beneficial ownership to less than 5% of the outstanding shares of SanDisk Common
Stock. Therefore, Seagate has no further reporting requirements on a Statement
on Schedule 13D with respect to SanDisk.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended as follows:
(a) - (b) Seagate beneficially owns no shares of SanDisk Common
Stock.
(c) Schedule II reports transactions in SanDisk Common Stock effected
from November 1, 1999 to July 28, 2000.
(e) Seagate ceased to be the beneficial owner of more than 5% of the
Common Stock of SanDisk on May 15, 2000.
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SIGNATURE
After reasonable 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.
Dated: September 11, 2000 SEAGATE TECHNOLOGY, INC.
/s/ William L. Hudson
--------------------------------------
Signature
William L. Hudson
Sr. Vice President, General Counsel and
Corporate Secretary
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<PAGE>
Schedule I
Directors and Executive Officers of Seagate
<TABLE>
<CAPTION>
Name, Address and
Business of Corporation or
Business or Principal Occupation Organization in
Name Residence Address or Employment Which Employed
----------------- ----------------------- -------------------------- -----------------------
<S> <C> <C> <C>
Stephen J. Luczo Seagate Technology, Inc. Chief Executive Officer and Seagate Technology, Inc.
920 Disc Drive Chairman of the Board of 920 Disc Drive
Scotts Valley, CA 95066 Directors of Seagate Scotts Valley, CA 95066
Software, Inc.
William D. Watkins Seagate Technology, Inc. President and Chief Seagate Technology, Inc.
920 Disc Drive Operating Officer 920 Disc Drive
Scotts Valley, CA 95066 Scotts Valley, CA 95066
Charles C. Pope Seagate Technology, Inc. Executive Vice President, Seagate Technology, Inc.
920 Disc Drive Finance and Chief Financial 920 Disc Drive
Scotts Valley, CA 95066 Officer Scotts Valley, CA 95066
Townsend H. Porter, Jr. Seagate Technology, Inc. Executive Vice President, Seagate Technology, Inc.
920 Disc Drive Product Technology 920 Disc Drive
Scotts Valley, CA 95066 Development and Chief Scotts Valley, CA 95066
Technical Officer
Donald L. Waite Seagate Technology, Inc. Executive Vice President, Seagate Technology, Inc.
920 Disc Drive Chief Administrative 920 Disc Drive
Scotts Valley, CA 95066 Officer and Assistant Scotts Valley, CA 95066
Secretary
Brian S. Dexheimer Seagate Technology, Inc. Executive Vice President, Seagate Technology, Inc.
920 Disc Drive Worldwide Sales, Marketing, 920 Disc Drive
Scotts Valley, CA 95066 Product Line Management and Scotts Valley, CA 95066
Customer Service Operations
David A. Wickersham Seagate Technology, Inc. Executive Vice President, Seagate Technology, Inc.
920 Disc Drive Global Disc Storage 920 Disc Drive
Scotts Valley, CA 95066 Operations Scotts Valley, CA 95066
William L. Hudson Seagate Technology, Inc. Senior Vice President, Seagate Technology, Inc.
920 Disc Drive General Counsel and 920 Disc Drive
Scotts Valley, CA 95066 Corporate Secretary Scotts Valley, CA 95066
Thomas F. Mulvaney Seagate Technology, Inc. Senior Vice President, Seagate Technology, Inc.
920 Disc Drive Internet Solutions Group 920 Disc Drive
Scotts Valley, CA 95066 Scotts Valley, CA 95066
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
Name, Address and
Business of Corporation or
Business or Principal Occupation Organization in
Name Residence Address or Employment Which Employed
----------------- ----------------------- -------------------------- -----------------------
<S> <C> <C> <C>
Gary B. Filler Seagate Technology, Inc. Co-Chairman of the Board of Seagate Technology, Inc.
920 Disc Drive Directors and Financial 920 Disc Drive
Scotts Valley, CA 95066 Consultant Scotts Valley, CA 95066
Lawrence Perlman Ceridian Corporation Co-Chairman of the Board of Ceridian Corporation
8100 34th Avenue South Directors and Chairman of 8100 34th Avenue South
Minneapolis, MN 55425-1640 the Board of Directors and Minneapolis, MN 55425-1640
Chief Executive Officer of (an information services
Ceridian Corporation and defense electronics
company)
Dr. Kenneth E. Haughton Seagate Technology, Inc. Engineering Consultant Seagate Technology, Inc.
920 Disc Drive 920 Disc Drive
Scotts Valley, CA 95066 Scotts Valley, CA 95066
Robert A. Kleist Printronix, Inc. President, Chief Executive Printronix, Inc.
17500 Cartwright Road Officer and Director of 17500 Cartwright Road
Irvine, CA 92713 Printronix, Inc. Irvine, CA 92713
(a computer printer
manufacturer)
Thomas P. Stafford Stafford, Burke & Hecker, Vice Chairman of Stafford, Stafford, Burke & Hecker,
Inc. Burke and Hecker, Inc. Inc.
1006 Cameron Street 1006 Cameron Street
Alexandria, VA 22314 Alexandria, VA 22314
(a consulting firm)
Laurel L. Wilkening Seagate Technology, Inc. Independent Consultant Seagate Technology, Inc.
920 Disc Drive 920 Disc Drive
Scotts Valley, CA 95066 Scotts Valley, CA 95066
</TABLE>
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<PAGE>
Schedule II
Date Number of Shares* Price* Where and How Executed
---- ----------------- ------ ----------------------
11/01/1999 180,200 31.0248 Banc of America Securities LLC
11/02/1999 379,800 30.07935 " "
11/05/1999 1,000,000 35 " "
11/08/1999 320,000 34.58985 " "
11/09/1999 120,000 35.5625 " "
02/02/2000 109,150 67.5401 " "
02/03/2000 560,000 67.81865 " "
02/04/2000 640,850 70.2363 " "
02/07/2000 320,000 72.5586 " "
02/08/2000 250,000 72.69 " "
02/09/2000 500,000 73.1925 " "
02/10/2000 320,000 73.4453 " "
02/11/2000 20,000 75.5 " "
02/11/2000 180,000 74.20835 " "
02/14/2000 580,000 75.5571 " "
02/15/2000 20,000 76.0625 " "
02/16/2000 30,000 76.125 " "
02/17/2000 470,000 76 " "
02/17/2000 50,000 78.525 " "
02/18/2000 20,000 77.15625 " "
02/22/2000 200,000 73.1703 " "
02/23/2000 330,000 75.8636 " "
02/24/2000 535,000 77.9159 " "
02/25/2000 500,000 83.825 " "
02/28/2000 90,000 86.1389 " "
02/29/2000 475,000 87.6737 " "
05/04/2000 35,000 91.125 " "
05/05/2000 400,000 88.9578 " "
05/11/2000 100,000 67.09375 " "
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05/12/2000 100,000 71.1125 ""
05/15/2000 100,000 67.5 ""
05/16/2000 25,000 70.25 ""
05/17/2000 10,000 68.125 ""
05/18/2000 25,000 66 ""
05/23/2000 100,000 54 ""
05/24/2000 50,000 50.375 ""
05/25/2000 30,000 54.1042 ""
05/26/2000 25,000 48.1 ""
05/30/2000 100,000 52.3563 ""
05/31/2000 50,000 55.9125 ""
06/01/2000 75,000 63.2625 ""
06/02/2000 125,000 73.46 ""
06/05/2000 15,000 70.4167 ""
06/06/2000 70,000 68.9643 ""
06/07/2000 2,500 66.5 ""
06/08/2000 72,500 67.5474 ""
06/08/2000 25,000 67.275 ""
06/09/2000 50,000 70.845 ""
06/12/2000 15,000 74.125 ""
06/13/2000 65,000 69.1779 ""
06/14/2000 52,500 71.0357 ""
06/16/2000 75,000 63.5333 ""
06/19/2000 70,000 64.8036 ""
06/20/2000 77,500 72.625 ""
06/21/2000 20,000 75.5625 ""
06/22/2000 20,000 74 ""
06/26/2000 85,000 66.6103 ""
06/27/2000 30,000 67.1667 ""
06/28/2000 115,000 58.913 ""
06/29/2000 140,000 56.9531 ""
06/30/2000 125,000 58.67 ""
07/03/2000 35,000 59.2143 ""
07/05/2000 25,000 53.375 ""
07/06/2000 37,500 53.45 ""
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07/07/2000 50,000 58.8428 " "
07/10/2000 40,000 62.0078 " "
07/11/2000 20,000 62.7969 " "
07/12/2000 60,000 62.7135 " "
07/28/2000 1,340,248 66.43 Direct sale to investor
* Number of shares and prices have been adjusted for stock splits.
