Attached files
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________________
Form 10-K/A
(Amendment No. 2)
___________________________________________________
(Mark One)
þ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended October 31, 2011 | |
OR
¨ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to | |
Commission file number 001-32465
____________________________________________________
VERIFONE SYSTEMS, INC.
(Exact name of Registrant as Specified in its Charter)
____________________________________________________
DELAWARE | 04-3692546 | |
(State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) | |
2099 Gateway Place, Suite 600 | 95110 | |
San Jose, CA (Address of Principal Executive Offices) | (Zip Code) | |
(408) 232-7800 | ||
(Registrant’s Telephone Number, Including Area Code) | ||
____________________________________________________
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Name of Each Exchange on Which Registered | |
Common Stock, $.01 par value | New York Stock Exchange | |
Securities registered pursuant to Section 12(g) of the Act:
None.
_________________________
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes þ No ¨
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No þ
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No ¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þ No ¨
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K, or any amendment to this Form 10-K. ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of
the Exchange Act. (Check one):
Large accelerated filer þ | Accelerated filer ¨ | Non-accelerated filer ¨ | Smaller reporting company ¨ | |||
(Do not check if a smaller reporting company) | ||||||
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ¨ No þ
As of April 30, 2011, the aggregate market value of the common stock of the registrant held by non-affiliates was approximately $4.0 billion based on the closing sale price as reported on the New York Stock Exchange.
There were 106,767,172 shares of the registrant’s common stock issued and outstanding as of the close of business on February 14, 2012.
DOCUMENTS INCORPORATED BY REFERENCE
None.
VERIFONE SYSTEMS, INC.
FORM 10-K/A
Explanatory Note
This Amendment No. 2 on Form 10-K/A amends the Annual Report on Form 10-K of VeriFone Systems, Inc. for the fiscal year ended October 31, 2011 as originally filed with the Securities and Exchange Commission on December 23, 2011 (the “Original Filing”). The Original Filing was previously amended by Amendment No. 1 on Form 10-K/A filed on February 28, 2012 to provide the disclosures in Part III of the Original Filing which was previously expected to be incorporated by reference from our 2012 Annual Meeting Proxy Statement.
This Form 10-K/A amends the Original Filing solely to correct the inadvertent omission of the reference to our registration statements on Form S-3 in the Consent of Independent Registered Public Accounting Firm filed as Exhibit 23.1 to the Original Filing. The corrected Consent of Independent Registered Public Accounting Firm is filed as Exhibit 23.1 hereto. This Form 10-K/A also amends Item 15 of Part IV to include new certifications by our principal executive officer and principal financial officer under Section 302 of the Sarbanes-Oxley Act of 2002 as required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended. Because this Form 10-K/A includes no financial statements, we are not including certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Except for the amendment described above, we have not modified or updated disclosures presented in the Original Filing in this Form 10-K/A. Accordingly, this Form 10-K/A does not reflect events occurring after the filing of the Original Filing or modify or update those disclosures affected by subsequent events. Information in our Original Filing and Amendment No. 1 thereto not affected by this amendment remains unchanged and reflects the disclosures made at the time such filings were filed. Therefore, this Form 10-K/A should be read in conjunction with any documents incorporated by reference therein and our filings made with the SEC subsequent to the Original Filing.
PART IV
ITEM 15. | EXHIBITS AND FINANCIAL STATEMENT SCHEDULES |
(a)(1) No financial statements are filed with this Annual Report on Form 10-K/A. These items were included as part of the original filing of our Annual Report on December 23, 2011.
(a)(3) Exhibits.
The documents set forth below are filed herewith or incorporated by reference to the location indicated:
Exhibit Number | Description |
2.1(20) | Agreement and Plan of Merger, dated as of November 17, 2010, among Hypercom Corporation, VeriFone Systems, Inc. and Honey Acquisition Company. |
2.2(20) | Support Agreement, dated as of November 17, 2010, among FP Hypercom Holdco, LLC, Francisco Partners II, L.P., VeriFone Systems, Inc. and Honey Acquisition Company. |
3.1(21) | Amended and Restated Certificate of Incorporation of VeriFone as amended. |
3.2(5) | Form of Amended and Restated Bylaws of VeriFone. |
3.3(14) | Amendment No. 1 to the Bylaws of VeriFone Holdings, Inc. |
4.1(3) | Specimen Common Stock Certificate; reference is made to Exhibit 3.1. |
4.2(2) | Stockholders Agreement, dated as of July 1, 2002, by and among VeriFone Holdings, Inc., GTCR Fund VII, L.P., GTCR Co-Invest, L.P., GTCR Capital Partners, L.P., TCW/Crescent Mezzanine Partners III, L.P., TCW/Crescent Mezzanine Trust III, TCW/Crescent Mezzanine Partners III Netherlands, L.P. and TCW Leveraged Income Trust IV, L.P., VF Holding Corp. and the executives who are parties thereto. |
4.2.1(4) | Form of Amendment to Stockholders Agreement. |
4.3(1) | Registration Rights Agreement, dated as of July 1, 2002, by and among VeriFone Holdings, Inc., GTCR Fund VII, L.P., GTCR Co-Invest, L.P., GTCR Capital Partners, L.P., TCW/Crescent Mezzanine Partners III, L.P., TCW/Crescent Mezzanine Trust III, TCW/Crescent Mezzanine Partners III Netherlands, L.P., and TCW Leveraged Income Trust IV, L.P., VF Holding Corp., Jesse Adams, William Atkinson, Douglas G. Bergeron, Nigel Bidmead, Denis Calvert, Donald Campion, Robert Cook, Gary Grant, Robert Lopez, James Sheehan, David Turnbull and Elmore Waller. |
4.4(1) | Amendment to Registration Rights Agreement, dated as of November 30, 2004, by and among VeriFone Holdings, Inc., GTCR Fund VII, L.P., Douglas Bergeron, DGB Investments, Inc., The Douglas G. Bergeron Family Annuity Trust, The Sandra E. Bergeron Family Annuity Trust and The Bergeron Family Trust. |
45(11) | Indenture related to the 1.375% Senior Convertible Notes due 2012, dated as of June 22, 2007, between VeriFone Holdings, Inc. and U.S. Bank National Association, as trustee. |
4.6(11) | Registration Rights Agreement, dated as of June 22, 2007, between VeriFone Holdings, Inc. and Lehman Brothers Inc. and J.P. Morgan Securities Inc. |
10.1(2) | Purchase Agreement, dated as of July 1, 2002, by and among VeriFone Holdings, Inc., GTCR Fund VII, L.P., GTCR Co-Invest, L.P., TCW/Crescent Mezzanine Partners III, L.P., TCW/Crescent Mezzanine Trust III, TCW/Crescent Mezzanine Partners III Netherlands, L.P. and TCW Leveraged Income Trust IV, L.P. |
10.1.1(4) | Form of Amendment No. 1 to Purchase Agreement. |
10.2(1)+ | Senior Management Agreement, dated as of July 1, 2002, among VeriFone Holdings, Inc., VeriFone, Inc. and Douglas G. Bergeron. |
10.2.1(2)+ | Amendment to Senior Management Agreement, dated as of June 29, 2004, by and among VeriFone Holdings, Inc., VeriFone, Inc. and Douglas G. Bergeron. |
10.3(1)+ | Amendment to Senior Management Agreement, dated as of December 27, 2004, by and among VeriFone Holdings, Inc., VeriFone, Inc. and Douglas Bergeron. |
10.4(1)+ | 2002 Securities Purchase Plan. |
10.5(1)+ | New Founders' Stock Option Plan. |
10.6(3)+ | Outside Directors' Stock Option Plan. |
10.7(1) | Patent License Agreement, effective as of November 1, 2004, by and between NCR Corporation and VeriFone, Inc. |
10.8(6)+ | 2005 Employee Equity Incentive Plan. |
10.9(5)+ | Form of Indemnification Agreement. |
10.10(18)+ | Amended and Restated VeriFone Systems, Inc. (formerly, VeriFone Holdings, Inc.) 2006 Equity Incentive Plan. |
10.11(7)+ | Amended and Restated VeriFone Bonus Plan. |
10.12(8) | Credit Agreement, dated October 31, 2006, among VeriFone Intermediate Holdings, Inc., VeriFone, Inc., various financial institutions and other persons from time to time parties thereto, as lenders, JPMorgan Chase Bank, N.A., as the administrative agent for the lenders, Lehman Commercial Paper Inc., as the syndication agent for the lenders, Bank Leumi USA and Wells Fargo Bank, N.A., as the co-documentation agents for the lenders, and J.P. Morgan Securities Inc. and Lehman Brothers Inc., as joint lead arrangers and joint book running managers. |
10.13(9)+ | Lipman Electronic Engineering Ltd. 2003 Stock Option Plan. |
10.14(9)+ | Lipman Electronic Engineering Ltd. 2004 Stock Option Plan. |
10.15(9)+ | Lipman Electronic Engineering Ltd. 2004 Share Option Plan. |
10.16(9)+ | Amendment to Lipman Electronic Engineering Ltd. 2004 Share Option Plan. |
10.17(9)+ | Lipman Electronic Engineering Ltd. 2006 Share Incentive Plan. |
10.18(10)+ | Amended and Restated Employment Agreement, dated January 4, 2007, among VeriFone Holdings, Inc., VeriFone, Inc., and Douglas G. Bergeron. |
10.19(11) | Confirmation of Convertible Note Hedge Transaction, dated June 18, 2007, by and between VeriFone Holdings, Inc. and Lehman Brothers OTC Derivatives Inc. |
10.20(11) | Confirmation of Convertible Note Hedge Transaction, dated June 18, 2007, by and between VeriFone Holdings, Inc. and JPMorgan Chase Bank, National Association, London Branch. |
10.21(11) | Confirmation of Warrant Transaction, dated June 18, 2007, by and between VeriFone Holdings, Inc. and Lehman Brothers OTC Derivatives Inc. |
10.22(11) | Confirmation of Warrant Transaction, dated June 18, 2007, by and between VeriFone Holdings, Inc. and JPMorgan Chase Bank, National Association, London Branch. |
10.23(11) | Amendment to Confirmation of Warrant Transaction, dated June 21, 2007, by and between VeriFone Holdings, Inc. and Lehman Brothers OTC Derivatives Inc. |
10.24(11) | Amendment to Confirmation of Warrant Transaction, dated June 21, 2007, by and between VeriFone Holdings, Inc. and JPMorgan Chase Bank, National Association, London Branch. |
10.25(12)+ | Confidential Separation Agreement, dated August 2, 2007, between VeriFone Holdings, Inc. and William G. Atkinson |
10.26(13)+ | First Amendment and Waiver to Credit Agreement, dated as of January 25, 2008. |
10.27(15) | Second Amendment to Credit Agreement, dated as of April 28, 2008. |
10.28(16) | Third Amendment to Credit Agreement, dated as of July 31, 2008. |
10.29(17)+ | Offer Letter between VeriFone Holdings, Inc. and Robert Dykes. |
10.30(17)+ | Severance Agreement, dated September 2, 2008, between VeriFone Holdings, Inc. and Robert Dykes. |
10.31(17)+ | Amended and Restated Employment Agreement, Dated as of April 8, 2009, among VeriFone Holdings, Inc., VeriFone, Inc. and Douglas G. Bergeron. |
21.1(22) | List of subsidiaries of VeriFone. |
23.1* | Consent of Independent Registered Public Accounting Firm. |
31.1* | Certification of the Chief Executive Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002. |
31.2* | Certification of the Chief Financial Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002. |
32.1(22) | Certification of the Chief Executive Officer and the Chief Financial Officer as required by Section 906 of the Sarbanes-Oxley Act of 2002. |
* Filed herewith.
+ Indicates a management contract or compensatory plan or arrangement.
(1) | Filed as an exhibit to Amendment No. 1 to the Registrant's Registration Statement on Form S-1 (File No. 333-121947), filed February 23, 2005. |
(2) | Filed as an exhibit to Amendment No. 2 to the Registrant's Registration Statement on Form S-1 (File No. 333-121947), filed March 28, 2005. |
(3) | Filed as an exhibit to Amendment No. 3 to the Registrant's Registration Statement on Form S-1 (File No. 333-121947), filed April 18, 2005. |
(4) | Filed as an exhibit to Amendment No. 4 to the Registrant's Registration Statement on Form S-1 (File No. 333-121947), filed April 21, 2005. |
(5) | Filed as an exhibit to Amendment No. 5 to the Registrant's Registration Statement on Form S-1 (File No. 333-121947), filed April 29, 2005. |
(6) | Filed as an exhibit to the Registrant's Registration Statement on Form S-8 (File No. 333-124545), filed May 2, 2005. |
(7) | Filed as an annex to the Registrant's Definitive Proxy Statement for its 2011 Annual Meeting of Stockholders, filed May |
19, 2011.
(8) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed November 1, 2006. |
(9) | Incorporated by reference in the Registrant's Registration Statement on Form S-8 (File No. 333-138533), filed November 9, 2006. |
(10) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed January 4, 2007. |
(11) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed June 22, 2007. |
(12) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed August 3, 2007. |
(13) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed January 29, 2008. |
(14) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed April 3, 2008. |
(15) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed April 29, 2008. |
(16) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed July 31, 2008. |
(17) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed September 3, 2008. |
(18) | Filed as an annex to the Registrant's Definitive Proxy Statement for its 2011 Annual Meeting of Stockholders, filed May 19, 2011. |
(19) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed April 9, 2009. |
(20) | Filed as an exhibit to the Registrant's Current Report on Form 8-K, filed November 19, 2010. |
(21) | Filed as an exhibit to the Registrant's Annual Report on Form 10-K, filed December 21, 2010. |
(22) | Filed as an exhibit to the Registrant's Annual Report on Form 10-K, filed December 23, 2011. |
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment No. 2 to the Annual Report on Form 10-K/A to be signed on its behalf by the undersigned, thereunto duly authorized.
VERIFONE SYSTEMS, INC. | ||||
BY: | /S/ DOUGLAS G. BERGERON | |||
Douglas G. Bergeron, | ||||
Chief Executive Officer | ||||
March 22, 2012