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Prospectus Supplement #4 Filed pursuant to Rule 424(b)(3)
(to prospectus dated November 17, 2000) Registration No. 333-47150
MERCURY INTERACTIVE CORPORATION
4.75% Convertible Subordinated Notes Due July 1, 2007 and
Shares of Common Stock Issuable Upon Conversion of the Notes
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This prospectus supplement relates to the resale by the holders of our
4.75% convertible subordinated notes due July 1, 2007 and the shares of our
common stock issuable upon the conversion of the notes. You should read this
prospectus supplement in conjunction with the prospectus dated November 17,
2000, which is to be delivered with this prospectus supplement.
The information in the table appearing under the heading "Selling Holders"
in the prospectus is amended by the addition of the information appearing in the
table below:
<TABLE>
<CAPTION>
Principal
Amount of Notes Common Stock Common Stock
Beneficially Owned Owned After
Owned and Prior to the Common Completion of
Name of Beneficial Owner Offered Offering(1)(2) Stock Offered the Offering
----------------------- ------- -------------- ------------- ------------
<S> <C> <C> <C> <C>
Arkansas Teachers Retirement............................. $4,714,000 42,373 42,373 --
Baptist Health of South Florida.......................... 239,000 2,148 2,148 --
Boston Museum of Fine Art................................ 122,000 1,096 1,096 --
Credit Suisse First Boston Corporation................... 3,495,000 31,415 31,415 --
Engineers Joint Pension Fund............................. 500,000 4,494 4,494 --
GLG Market Neutral Fund.................................. 14,000,000 125,843 125,843 --
Goldman Sachs and Company................................ 5,540,000 49,797 49,797 --
Lumberman's Mutual Casualty.............................. 516,000 4,638 4,638 --
Nicholas Applegate Convertible Funds..................... 1,664,000 14,957 14,957 --
Physicians Life.......................................... 393,000 3,532 3,532 --
San Diego City Retirement................................ 1,005,000 9,033 9,033 --
San Diego County Convertible............................. 2,115,000 19,011 19,011 --
Screen Actors Guild Pension Convertible.................. 533,000 4,791 4,791 --
Wake Forest University................................... 925,000 8,314 8,314 --
Writers Guild Convertible................................ 311,000 2,795 2,795 --
Wyoming State Treasurer.................................. 1,070,000 9,618 9,618 --
</TABLE>
(1) Includes common stock into which the notes are convertible.
(2) Assumes a conversion ratio of 8.9888 shares per $1,000 principal amount of
notes and a cash payment in lieu of any fractional interest.
________________________________________
Investing in our common stock or the notes involves a high degree of
risk. Please carefully consider the "Risk Factors" beginning on page 3 of the
prospectus, as well as the "Risk Factors" section included in our recent reports
filed with the Securities and Exchange Commission.
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE
ADEQUACY OR ACCURACY OF THE PROSPECTUS OR THIS PROSPECTUS SUPPLEMENT. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this prospectus supplement is January 10, 2001.
