SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report February 9, 1995
EMC CORPORATION
(Exact name of registrant as specified in its charter)
Massachusetts 1-9853 No. 04-2680009
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
171 South Street, Hopkinton, MA 01748
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (508) 435-1000
Item 5. Other Events
On February 9, 1995, the registrant announced that on April 1, 1995, it will be
redeeming all of its outstanding 6 1/4% convertible subordinated debentures due
2002. Currently, the aggregate principal amount of outstanding debentures is
$39,531,000. The registrant will pay the redemption price of 104.375% per
debenture together with accrued and unpaid interest on April 1, 1995.
The debentures are convertible into shares of EMC Common Stock at any time on
or prior to the date fixed for redemption at a conversion price of $3.0625
per share. As long as the market price of the registrant's Common Stock is
greater that $3.0625 per share, holders of debentures will, upon conversion,
receive Common Stock of the registrant having a market value greater than the
amount of cash receivable upon redemption of the debentures. On February 8,
1995, the closing price of the registrant's Common
e was $16.375 per share.
Since April 1, 1995 is not a business day, payment of the redemption price
together with accrued and unpaid interest or conversion of the debentures
may be made on April 3, 1995 with the same force and effect as if made on
April 1, 1995; provided, however, in the case of payment, no interest shall
accrue for the period from and after April 1, 1995.
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.
EMC CORPORATION
Date: March 2, 1995 By: _________________________
Colin G. Patteson
Vice President and Controller
