1
As filed with the Securities and Exchange Commission on May 29, 2001
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE TO
Tender Offer Statement under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
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EXTENSITY, INC.
(Amendment No. 2)
(Name of Subject Company--Issuer and Filing Person --Offeror)
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OPTIONS TO PURCHASE COMMON STOCK,
PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
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302255104
(CUSIP Number of Class of Securities)
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ROBERT A. SPINNER
PRESIDENT AND CHIEF EXECUTIVE OFFICER
EXTENSITY, INC.
2200 POWELL STREET, SUITE 300
EMERYVILLE, CALIFORNIA 94608
TELEPHONE: (510) 594-5700
(Name,address and telephone number of person authorized to receive
notices and communications on behalf of Filing Person)
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Copies to:
JAMES F. FULTON, JR.
COOLEY GODWARD LLP
FIVE PALO ALTO SQUARE, 3000 EL CAMINO REAL
PALO ALTO, CALIFORNIA 94306-2155
TELEPHONE: (650) 843-5000
FACSIMILE: (650) 745-7391
CALCULATION OF FILING FEE
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TRANSACTION VALUATION* AMOUNT OF FILING FEE**
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$31,836,968 $6,367
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* Calculated solely for purposes of determining the filing fee. This amount
assumes that options to purchase 4,824,514 shares of common stock of Extensity,
Inc. having a weighted average exercise price of $6.599 as of May 1, 2001 will
be exchanged pursuant to this offer.
** One-fiftieth of 1% of the value of the transaction, pursuant to Rule 0-11 of
the Securities Exchange Act. The fee was previously paid with the filing on
Schedule TO on May 4, 2001.
|_| CHECK BOX IF ANY PART OF THE FEE IS OFFSET AS PROVIDED BY RULE 0-11(a)(2)
AND IDENTIFY THE FILING WITH WHICH THE OFFSETTING FEE WAS PREVIOUSLY PAID.
IDENTIFY THE PREVIOUS FILING BY REGISTRATION STATEMENT NUMBER, OR THE FORM OR
SCHEDULE AND THE DATE OF ITS FILING.
AMOUNT PREVIOUSLY PAID: FILING PARTY:.
FORM OR REGISTRATION NO.: DATE FILED:
|_| CHECK THE BOX IF THE FILING RELATES SOLELY TO PRELIMINARY COMMUNICATIONS
MADE BEFORE THE COMMENCEMENT OF A TENDER OFFER.
CHECK THE APPROPRIATE BOXES BELOW TO DESIGNATE ANY TRANSACTIONS TO WHICH THE
STATEMENT RELATES:
|_| Third-party tender offer subject to Rule 14d-1.
|X| Issuer tender offer subject to Rule 13e-4.
|_| Going-private transaction subject to Rule 13e-3.
|_| Amendment to Schedule 13D under Rule 13d-2.
CHECK THE FOLLOWING BOX IF THE FILING IS A FINAL AMENDMENT REPORTING THE
RESULTS OF THE TENDER OFFER: |_|
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CUSIP NO. 302255104
SCHEDULE TO
INTRODUCTORY STATEMENT
This Amendment No. 2 amends and supplements the Tender Offer Statement
on Schedule TO filed with the Securities and Exchange Commission on May 4, 2001,
relating to our offer to exchange certain options to purchase shares of our
common stock, par value $0.001 per share upon the terms and subject to the
conditions described in the Offer to Exchange dated May 4, 2001, as amended on
May 18, 2001.
ITEM 12. EXHIBITS.
EXHIBIT
NUMBER DESCRIPTION
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99.(a)(1)(A)* Offer to Exchange, dated May 4, 2001.
99.(a)(1)(B)* Form of Electronic Letter of Transmittal.
99.(a)(1)(C)* Form of Summary of Terms.
99.(a)(1)(D)** Form of Election Form.
99.(a)(1)(E)* Form of Notice of Change in Election from Accept to Reject.
99.(a)(1)(F)* Form of Notice of Change in Election from Reject to Accept.
99.(a)(1)(G) Extensity, Inc. Annual Report on Form 10-K for its fiscal
year ended December 31, 2000, filed with the Securities and
Exchange Commission on March 30, 2001 and incorporated
herein by reference.
99.(a)(1)(H) Extensity, Inc. Definitive Proxy Statement on Schedule 14A
filed with the Securities and Exchange Commission on April
24, 2001 and incorporated herein by reference.
99.(a)(1)(I)** Presentation to Employees.
99.(a)(1)(J)** Form of Electronic Communication to Employees (including
Exhibit 1 - Amendments to the Offer to Exchange and Summary
of Terms).
99.(a)(1)(K)** Form of Electronic Communication to Employees.
99.(a)(1)(L)** Form of Confirmation Letter to Employees.
99.(a)(1)(M) Form of Electronic Communication to Employees (including
Exhibit 1 - Amendment to the Offer to Exchange.)
99.(b) Not applicable.
99.(d)(1) Extensity, Inc.'s 1996 Stock Option Plan (filed as Exhibit
10.10 to the Company's Registration Statement on Form S-1
(No.333-90979) filed on November 15, 1999 and which Exhibit
10.10 is incorporated herein by reference).
99.(d)(2) Extensity, Inc.'s 2000 Employee Stock Purchase Plan (filed
as Exhibit 10.11 with the Company's Registration Statement
on Form S-1 (No. 333-90979) filed on November 15, 1999 and
which Exhibit 10.11 is incorporated herein by reference).
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CUSIP NO. 302255104
EXHIBIT
NUMBER DESCRIPTION
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99.(d)(3) S-8 Registration Statement (No. 333-45748) filed on
September 13, 2000 and which Exhibit 4.3 is incorporated
herein by reference).
99.(g) Not applicable.
99.(h) Not applicable.
* Previously filed as an exhibit to the Schedule TO filed with the Securities
and Exchange Commission on May 4, 2001.
** Previously filed as an exhibit to the Schedule TO filed with the Securities
and Exchange Commission on May 18, 2001.
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CUSIP NO. 302255104
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: May 29, 2001
EXTENSITY, INC.
By: /s/ Robert A. Spinner
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Name: Robert A. Spinner
Title: President and Chief
Executive Officer
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CUSIP NO. 302255104
INDEX OF EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
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99.(a)(1)(A)* Offer to Exchange, dated May 4, 2001.
99.(a)(1)(B)* Form of Electronic Letter of Transmittal.
99.(a)(1)(C)* Form of Summary of Terms.
99.(a)(1)(D)** Form of Election Form.
99.(a)(1)(E)* Form of Notice of Change in Election from Accept to Reject.
99.(a)(1)(F)* Form of Notice of Change in Election from Reject to Accept.
99.(a)(1)(G) Extensity, Inc. Annual Report on Form 10-K for its fiscal
year ended December 31, 2000, filed with the Securities and
Exchange Commission on March 30, 2001 and incorporated
herein by reference.
99.(a)(1)(H) Extensity, Inc. Definitive Proxy Statement on Schedule 14A
filed with the Securities and Exchange Commission on April
24, 2001 and incorporated herein by reference.
99.(a)(1)(I)** Presentation to Employees.
99.(a)(1)(J)** Form of Electronic Communication to Employees (including
Exhibit 1 - Amendments to the Offer to Exchange and Summary
of Terms).
99.(a)(1)(K)** Form of Electronic Communication to Employees.
99.(a)(1)(L)** Form of Confirmation Letter to Employees.
99.(a)(1)(M) Form of Electronic Communication to Employees (including
Exhibit 1 - Amendment to the Offer to Exchange.)
99.(b) Not applicable.
99.(d)(1) Extensity, Inc.'s 1996 Stock Option Plan (filed as Exhibit
10.10 to the Company's Registration Statement on Form S-1
(No.333-90979) filed on November 15, 1999 and which Exhibit
10.10 is incorporated herein by reference).
99.(d)(2) Extensity, Inc.'s 2000 Employee Stock Purchase Plan (filed
as Exhibit 10.11 with the Company's Registration Statement
on Form S-1 (No. 333-90979) filed on November 15, 1999 and
which Exhibit 10.11 is incorporated herein by reference).
99.(d)(3) S-8 Registration Statement (No. 333-45748) filed on
September 13, 2000 and which Exhibit 4.3 is incorporated
herein by reference).
99.(g) Not applicable.
99.(h) Not applicable.
* Previously filed as an exhibit to the Schedule TO filed with the Securities
and Exchange Commission on May 4, 2001.
** Previously filed as an exhibit to the Schedule TO filed with the Securities
and Exchange Commission on May 18, 2001.