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FORM 3 OMB APPROVAL
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OMB Number: 3235-0104
Expires: SEPTEMBER 30, 1998
Estimated average burden
hours per response ......0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) E-TEK Dynamics, Inc. ETEK (Month/Day/Year)
(Last) (First) (Middle) 1/17/2000 ----------------------------------
JDS Uniphase Corporation ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person(s) to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
163 Baypointe Parkway Person (Voluntary) Director X 10% Owner Applicable Line)
San Jose, California 95134 ----- ----- X Form filed by
- -------------------------------------- ---------------------------- Officer Other ----- One Reporting
(City) (State) (Zip) ----- (give ----- (specify Person
title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial Ownership
(Instr. 4) Indirect (I) (Instr. 5)
(Instr. 5)
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Common Stock, $.001 Par Value No Securities beneficially
owned. See Attachment
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly
*If the form is filed by more than one reporting person, see Instruction 5(b)(v)
(Over)
SEC 1473 (9-96)
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FORM 3 (continued) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deriv- ative
ative Security:
Security
------------------------------------------------- Direct
Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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No Securities
beneficially owned
See Attachment.
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Explanation of Responses:
See attachment
/s/ Michael C. Phillips January 27, 2000
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Name : Michael C. Phillips Date
Title: Senior Vice President,
**Intentional misstatements or omissions of facts constitute Federal Criminal Business Development,
Violations. General Counsel
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. Page 2
If space is insufficient, See Instruction 6 for procedure. SEC 1473 (9-96)
Potential persons who are to respond to the collection of information contained in this form
are not required to respond unless the form displays a currently valid OMB Number.
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ATTACHMENT TO FORM 3
Pursuant to the terms of an Agreement and Plan of Reorganization and
Merger dated as of January 17, 2000 (the "Merger Agreement"), among JDS Uniphase
Corporation ("the Reporting Person"), Rainbow Acquisition, Inc. ("Merger Sub")
and E-TEK Dynamics, Inc. ("E-TEK"), providing among other things, for the merger
of Merger Sub with and into E-TEK, with E-TEK as the surviving corporation and
becoming a wholly-owned subsidiary of the Reporting Person in the merger (the
"Merger"), the Reporting Person and E-TEK entered into a Company Stock Option
Agreement pursuant to which E-TEK granted the Reporting Person an option (the
"Option") to purchase, under certain circumstances described therein, 19.9% of
the outstanding shares of common stock of E-TEK as of January 17, 2000. Based on
the number of shares of common stock of E-TEK outstanding on January 1, 2000 as
represented by E-TEK in the Merger Agreement, 19.9% of the outstanding shares of
common stock of E-TEK is equal to 13,515,123 shares (the "Option Shares"). The
purchase price for the Option Shares is $211.41 per share (the "Purchase
Price"). Prior to the exercise of the Option, the Reporting Person is not
entitled to any rights as a stockholder of E-TEK as to the Option Shares. The
number of Option Shares and the Purchase Price are subject to adjustment in
certain circumstances. The Option may only be exercised upon the happening of
certain events, none of which has occurred as of the date hereof. Prior to such
occurrence, the Reporting Person expressly disclaims beneficial ownership of the
Option Shares.
In connection with the Merger Agreement each of the persons listed on
Exhibit 1 hereto (collectively, the "Stockholders") has, on January 17, 2000,
entered into a voting agreement with the Reporting Person (collectively, the
"Voting Agreements"). Pursuant to the Voting Agreements, the Stockholders have
agreed to vote their shares in favor of approval of the Merger Agreement, the
Merger and the approval of the transactions contemplated by the Merger Agreement
at every meeting of the stockholders of E-TEK called with respect thereto. As
required by each of the Voting Agreements, the Stockholders have executed the
form of Proxy To Vote Stock Of E-TEK, attached as Exhibit A to the Voting
Agreements, designating Michael C. Phillips and Anthony R. Muller, each an
executive officer of the Reporting Person, to vote their shares as to the
matters referred to in the Voting Agreements. Pursuant to the Voting Agreements,
the Stockholders have also agreed not to transfer, sell, exchange, or pledge or
otherwise dispose of or encumber their shares, prior to the earlier of the
consummation of the Merger and the date the Merger Agreement is terminated.
The consummation of the Merger is conditioned upon, among other things,
obtaining certain regulatory approvals and the consent of E-TEK stockholders.
As of January 17, 2000, based on the number of shares of common stock of
E-TEK represented to be beneficially owned by the respective Stockholders in the
Voting Agreements, the Stockholders beneficially owned (including 614,205 shares
subject to options which are exercisable within 60 days of January 17, 2000)
17,073,083 shares of the common stock of E-TEK, which, based on the number of
shares of common stock of E-TEK outstanding on January 1, 2000 as represented by
E-TEK Dynamics, Inc. in the Merger Agreement, amounted to 25.14% of the total
outstanding shares of common stock
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of E-TEK. The Reporting Person may be deemed to be, for purposes of Section 16
of the Securities and Exchange Act of 1934, as amended, a beneficial owner of
all shares beneficially owned by the Stockholders, provided, however, that the
Reporting Person expressly disclaims beneficial ownership of such shares.
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EXHIBIT 1
List of Persons Signing Voting Agreements
David W. Dorman
Michael J. Fitzpatrick
Joseph W. Goodman
Donald J. Listwin
Summit Investors III, L.P.
Summit Subordinated Debt Fund II, L.P.
Summit Ventures IV, L.P.
Philip J. Anthony
Ming Shih
Sanjay Subhedar
