e424b7
Filed pursuant to Rule 424(b)(7)
Registration No. 333-147715
PROSPECTUS SUPPLEMENT NO. 2
(TO PROSPECTUS SUPPLEMENT DATED FEBRUARY 8, 2008)
2.75% Senior Convertible Debentures due 2027
and the Common Stock Issuable Upon Conversion of the Debentures
This Prospectus Supplement No. 2 supplements the prospectus supplement, dated February 8,
2008, as supplemented by the prospectus supplement dated March 12, 2008, and the prospectus, dated
November 29, 2007, relating to the resale by selling securityholders of up to $250,000,000
aggregate principal amount of our 2.75% Senior Convertible Debentures due 2027 (the debentures),
and the shares of common stock issuable upon conversion of the debentures.
This prospectus supplement should be read in conjunction with the prospectus and previous
prospectus supplements, and is qualified by reference to the prospectus and previous prospectus
supplements, except to the extent that the information presented herein supersedes the information
contained in the prospectus or previous prospectus supplements. 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.
Our common stock is quoted on the Nasdaq Global Select Market under the symbol NUAN. On
April 16, 2008, the last quoted sale price of our common stock
was $19.16 per share.
Investing in the debentures or our common stock involves risks. See Risk Factors beginning
on page S-13 of the prospectus supplement dated February 8, 2008.
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS
APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS SUPPLEMENT, THE
PREVIOUS PROSPECTUS SUPPLEMENTS OR THE PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO
THE CONTRARY IS A CRIMINAL OFFENSE.
The
date of this prospectus supplement is April 17, 2008.
SELLING SECURITYHOLDERS
We originally issued and sold the debentures to Citigroup Global Markets Inc. and Goldman,
Sachs & Co. (collectively, the initial purchasers) in a private placement transaction exempt from
the registration requirements of the Securities Act of 1933, as amended (the Securities Act). The
debentures were resold by the initial purchasers in transactions exempt from registration pursuant
to Rule 144A under the Securities Act to persons reasonably believed by the initial purchasers to
be qualified institutional buyers as defined by Rule 144A under the Securities Act. Selling
securityholders, including their transferees, pledgees or donees or their successors, may from time
to time offer and sell any or all of the debentures and shares of common stock into which the
debentures are convertible pursuant to this prospectus supplement, the previous prospectus
supplement dated February 8, 2008, as supplemented by the prospectus supplement dated March 12,
2008, and the prospectus dated November 29, 2007.
The information in the table appearing under the caption Selling Securityholders in the
prospectus supplement dated February 8, 2008, is supplemented by adding the information below with
respect to persons not previously listed in the prospectus supplement and by superseding the
information with respect to persons previously listed in the prospectus supplement with the
information set forth below. The information is based on information provided to us by or on
behalf of the selling securityholders, and we have not independently verified this information.
The selling securityholders may offer all, some or none of the debentures or the common stock into
which the debentures are convertible. Because the selling securityholders may offer all or some
portion of the debentures or the common stock, we cannot estimate the amount of the debentures or
the common stock that will be held by the selling securityholders upon termination of any of these
sales; the table below assumes that all selling securityholders will sell all of their debentures
or common stock, unless otherwise indicated. In addition, the selling securityholders identified
below may have sold, transferred or otherwise disposed of all or a portion of their debentures
since the date on which they provided the information regarding their debentures in transactions
exempt from the registration requirements of the Securities Act.
The percentage of debentures outstanding beneficially owned by each selling securityholder is
based on $250,000,000 aggregate principal amount. The number of shares of common stock that may be
sold includes only shares of common stock into which the debentures are initially convertible. The
conversion rate of the debentures and the number of shares of common stock issuable upon conversion
of the debentures is subject to adjustment under certain circumstances. Accordingly, the number of
shares of common stock into which the debentures are convertible may change.
Based upon information provided by the selling securityholders, none of the selling
securityholders nor any of their affiliates, officers, directors or principal equity holders has
held any position or office or has had any material relationship with us within the past three
years other than as disclosed below.
Selling Securityholder Table
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Principal |
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Principal |
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Amount of |
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Number of |
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Amount at |
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Debentures |
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Number of |
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Shares of |
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Maturity of |
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Owned |
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Shares of |
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Percentage of |
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Common |
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Debentures |
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After |
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Common |
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Common |
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Stock Owned |
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Beneficially |
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Percentage of |
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Completion |
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Stock That |
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Stock |
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After |
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Owned That |
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Debentures |
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of Offering |
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May Be |
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Outstanding |
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Completion of |
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Name |
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May Be Sold |
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Outstanding |
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(1) |
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Sold (2) |
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(3) |
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Offering (2)(4) |
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Arkansas PERS (17) |
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630,000 |
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* |
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32,365 |
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* |
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Arkansas Teacher Retirement
System (10) |
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3,305,000 |
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1.32 |
% |
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169,789 |
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* |
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Baptist Health of South Florida, Inc. (10) |
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765,000 |
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* |
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39,300 |
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* |
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Boilermakers Blacksmith Pension
Trust (17) |
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655,000 |
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* |
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33,649 |
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* |
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Citigroup Global Markets Inc. (8) |
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3,988,000 |
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1.60 |
% |
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204,877 |
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* |
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Engineers Joint Pension Fund (10) |
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200,000 |
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* |
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10,274 |
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* |
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Fore
Convertible Master Fund Ltd. (18) |
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22,019,000 |
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8.81 |
% |
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1,131,195 |
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* |
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Fore ERISA
Fund Ltd (18) |
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3,687,000 |
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1.47 |
% |
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189,414 |
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* |
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Fore Multi
Strategy Master Fund (18) |
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2,206,000 |
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* |
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113,330 |
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* |
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-2-
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Principal |
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Principal |
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Amount of |
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Number of |
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Amount at |
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Debentures |
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Number of |
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Shares of |
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Maturity of |
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Owned |
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Shares of |
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Percentage of |
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Common |
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Debentures |
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After |
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Common |
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Common |
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Stock Owned |
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Beneficially |
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Percentage of |
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Completion |
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Stock That |
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Stock |
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After |
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Owned That |
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Debentures |
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of Offering |
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May Be |
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Outstanding |
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Completion of |
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Name |
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May Be Sold |
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Outstanding |
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(1) |
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Sold (2) |
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(3) |
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Offering (2)(4) |
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FPL Group Employees Pension Plan (17) |
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340,000 |
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* |
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17,467 |
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* |
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Housing Authority of the City of
San Antonio Employees Money
Purchase Pension Plan & Trust (12) |
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107,000 |
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* |
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5,496 |
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* |
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MAN MAC 1
Ltd. (18) |
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3,148,000 |
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1.26 |
% |
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161,724 |
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* |
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Nicholas Applegate U.S.
Convertible Fund (10) |
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2,845,000 |
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1.14 |
% |
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146,157 |
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* |
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San Diego City Retirement System (10) |
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1,335,000 |
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* |
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68,583 |
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* |
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San Diego County Employee
Retirement Association (10) |
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1,170,000 |
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* |
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60,107 |
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* |
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United States Province of
Missionary Oblates, Inc. (12) |
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133,000 |
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* |
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6,832 |
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* |
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* |
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Less than 1% |
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(1) |
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Assumes sale of all debentures offered hereby, although selling securityholders are not
obligated to sell any debentures. |
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(2) |
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Assumes conversion of all of the holders debentures at the initial conversion rate of
51.3736 shares of common stock per $1,000 principal amount of the debentures, not including
fractional shares for which we will pay cash as described under Description of Debentures
Conversion Rights Settlement Upon Conversion in the Prospectus Supplement, dated February
8, 2008. However, this conversion rate will be subject to adjustment as described under the
section entitled Description of the DebenturesConversion RightsConversion Rate
Adjustments in the Prospectus Supplement, dated February 8, 2008. As a result, the amount of
common stock issuable upon conversion of the debentures may increase or decrease in the
future. |
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(3) |
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Calculated based on Rule 13d-3(d)(1)(i) of the Exchange Act using 208,225,357 shares of
common stock outstanding as of December 31, 2007. In calculating this amount, we treated as
outstanding the number of shares of common stock issuable upon conversion of all of that
particular holders debentures. However, we did not assume the conversion of any other
holders debentures. |
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(4) |
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Assumes sale of all shares of common stock that may be issued upon conversion, and includes
other shares of common stock identified to us by the selling securityholder as owned by it. |
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(8) |
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The selling securityholder acted as joint bookrunner for this issue and is a broker-dealer. |
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(10) |
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This selling securityholder has delegated full authority to Nicholas-Applegate Capital
Management LLC (Nicholas-Applegate) as investment advisor over these securities, including
full voting and dispositive power. The chief investment officer of Nicholas-Applegate is
Horacio Valeiras who, in such capacity, has oversight authority over all portfolio managers at
Nicholas-Applegate. Nicholas-Applegate is an affiliate of a broker-dealer. |
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(12) |
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Calamos Advisors LLC is the investment manager of the selling securityholder and Nick Calamos
is the natural person with control over Calamos Advisors LLC. |
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(17) |
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Ann Houlihan has voting power and investment control over these securities. |
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(18) |
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Matthew Li has voting power and investment control over these
securities. |
-3-
Information about other selling securityholders will be set forth in prospectus supplements or
post-effective amendments, if required. Information about the selling securityholders may change
from time to time. Any changed information with respect to which we are given notice will be set
forth in prospectus supplements.
Beneficial ownership is determined under the rules of the SEC, and generally includes voting
or investment power with respect to securities.
None of the selling securityholders who are affiliates of broker-dealers purchased the
securities outside of the ordinary course of business or, at the time of the purchase of the
securities, had any agreements or understandings, directly or indirectly, with any person to
distribute the securities.
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