PROSPECTUS SUPPLEMENT NO. 10
(TO PROSPECTUS DATED OCTOBER 24, 1997, AS SUPPLEMENTED BY
PROSPECTUS SUPPLEMENT NO. 1 DATED NOVEMBER 7, 1997,
PROSPECTUS SUPPLEMENT NO. 2 DATED NOVEMBER 7, 1997,
SUPPLEMENT NO. 3 DATED NOVEMBER 21, 1997, SUPPLEMENT NO. 4
DATED DECEMBER 12, 1997, SUPPLEMENT NO. 5 DATED JANUARY
13, 1998, SUPPLEMENT NO. 6 DATED FEBRUARY 4, 1998,
SUPPLEMENT NO. 7 DATED FEBRUARY 12, 1998, SUPPLEMENT NO. 8
DATED FEBRUARY 24, 1998, AND SUPPLEMENT NO. 9 DATED
APRIL10, 1998)
$115,000,000
LEVEL ONE COMMUNICATIONS, INCORPORATED
4% CONVERTIBLE SUBORDINATED NOTES DUE 2004
This Prospectus Supplement supplements information
contained in that certain Prospectus dated October 24,
1997, as amended or supplemented (the "Prospectus")
relating to the potential sale from time to time of up to
$115,000,000 aggregate amount of Registrable Notes and the
Common Stock issuable upon conversion thereof by the
Selling Holders. This Prospectus Supplement is not
complete without, and may not be delivered or utilized
except in connection with, the Prospectus, including any
amendments or supplements thereto. Capitalized terms used
herein but not defined have the meanings assigned to such
terms in the Prospectus.
The following table supplements the information set forth
in the Prospectus under the caption "Selling
Securityholders" with respect to the Selling
Securityholders and the respective principal amounts of
Registrable Notes and Common Stock issuable upon
conversion thereof beneficially owned by such Selling
Securityholder that may be offered pursuant to the
Prospectus by adding the following line items:
BancAmerica Robertson 1,250,000 31,250
Stephens
The above number is based on the $40.00 per share
conversion price stated in the Notes. On March 30, 1998,
the Company effected a 3:2 stock split. By the terms of
the Notes and Note Indenture, all conversion prices are
automatically adjusted pro rata.
Unless otherwise noted, all information provided in this
Prospectus Supplement is as of June 15, 1998.
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS JUNE 15, 1998.
