Schedule 13G Amendment No. 3

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

 

 

NXP Semiconductors N.V.

(Name of Issuer)

 

 

 

COMMON STOCK

NOMINAL VALUE €.20 PER SHARE

(Title of Class of Securities)

 

N6596X109

(CUSIP Number)

 

December 31, 2013

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d–1(b)

¨ Rule 13d–1(c)

x Rule 13d–1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

- 1 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Apax Partners Europe Managers Ltd

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    England

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    OO

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 2 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Apax Europe VI GP Co. Limited

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    Guernsey

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    OO

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 3 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Apax Europe VI GP L.P. Inc.

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    Guernsey

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    PN

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 4 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Apax Europe VI-A, L.P.

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    England

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    PN

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 5 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Apax NXP (UK) VI A1 GP Co. Ltd

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    England

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    OO

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 6 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Apax NXP VI A L.P.

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    England

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    PN

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 7 -


 

CUSIP No. N6596X109

 

  1   

Names of Reporting Person:

 

Meridian Holding S.à.r.l.

  2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    Luxembourg

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

     

Sole Voting Power

 

    0

   6   

Shared Voting Power

 

    4,355,793

   7   

Sole Dispositive Power

 

    0

   8   

Shared Dispositive Power

 

    4,355,793

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    4,355,793

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions)  ¨

 

11

 

Percent of Class Represented by Amount in Row (9)

 

    1.73%*

12

 

Type of Reporting Person (See Instructions)

 

    OO

 

* Based on 251,751,500 shares of the Issuer’s common stock outstanding as of November 30, 2013 (as reported in the Issuer’s final prospectus supplement (File No. 333-176435) filed on December 11, 2013).

 

- 8 -


Item 1.           
 

(a)

   Name of issuer:      
     NXP Semiconductors N.V.      
 

(b)

   Address of issuer’s principal executive offices:      
     High Tech Campus 60, 5656 AG Eindhoven, The Netherlands      
Item 2.           
 

(a)

   Name of person filing:      
    

Apax Partners Europe Managers Ltd

Apax Europe VI GP Co. Limited

Apax Europe VI GP L.P. Inc.

Apax Europe VI-A, L.P.

Apax NXP (UK) VI A1 GP Co. Ltd

Apax NXP VI A L.P.

Meridian Holding S.à.r.l.

     
 

(b)

   Address or principal business office or, if none, residence:      
    

The principal business office for Apax Europe VI GP Co. Limited, Apax Europe VI GP L.P. Inc. and Apax Europe VI-A, L.P. is:

 

Third Floor

Royal Bank Place

1 Glategny Esplanade

St. Peter Port

Guernsey GY1 2HJ

 

The principal business office for Apax Partners Europe Managers Ltd, Apax NXP (UK) VI A1 GP Co. Ltd and Apax NXP VI A L.P. is:

 

33 Jermyn Street

London, SW1Y 6DN

England

 

The principal business office for Meridian Holding S.à.r.l. is:

 

1-3, Boulevard de la Foire

L-1528, Luxembourg

 

(c)

   Citizenship:      
     See Item 4 of each cover page      
 

(d)

   Title of class of securities:      
     Common stock, nominal value €.20 per share      
 

(e)

   CUSIP No.:      
     N6596X109      
Item 3.     
  Not applicable      

 

- 9 -


Item 4.    Ownership.      
   (a)    Amount beneficially owned:      
     

Meridian Holding S.à.r.l. is a Luxembourg limited liability company and owns 4,355,793 shares of the Issuer’s common stock as of December 31, 2013. Apax NXP VI A L.P. is an English limited partnership and owns 66.59% of the outstanding shares of Meridian Holding S.à.r.l. Apax NXP (UK) VI A1 GP Co. Ltd, an English private limited company, is the general partner of Apax NXP VI A L.P. Apax WW Nominees Ltd, an English company, holds, directly or indirectly, 100% of the interests in Apax NXP (UK) VI A1 GP Co. Ltd as nominee for Apax Partners Europe Managers Ltd, the custodian of Apax Europe VI-A, L.P., an English limited partnership. Apax Europe VI GP L.P. Inc., a Guernsey limited partnership, is the general partner of Apax Europe VI-A, L.P. Apax Europe VI GP Co. Limited, a Guernsey company, is the general partner of Apax Europe VI GP L.P. Inc. Apax Partners Europe Managers Ltd, had previously been appointed by Apax Europe VI GP L.P. Inc. as discretionary investment manager of the investments of Apax Europe VI-A, L.P. As of January 1, 2014, Apax Partners Europe Managers Ltd no longer serves as discretionary investment manager of such funds. The applicable general partners of such funds are responsible for the investments and general administration of such funds.

 

NXP Co-Investment Investor S.à.r.l. owns 5,210,174 shares of the Issuer’s common stock as of December 31, 2013. NXP Co-Investment Partners L.P. is the sole shareholder of NXP Co-Investment Investor S.à.r.l. NXP Co-Investment GP Ltd. is the general partner of NXP Co-Investment Partners L.P. NXP Co-Investment GP Ltd. is owned by Silver Lake (Offshore) AIV GP II, Ltd., KKR Europe II Limited, BCP IX NXP Ltd. and Apax Europe VI NXP Founder GP, Ltd., none of which owns a majority. The share ownership reported for the filing persons reporting on this Schedule 13G/A does not include the 5,210,174 shares of the Issuer’s common stock held by NXP Co-Investment Investor S.à.r.l., and each of the filing persons reporting on this Schedule 13G/A disclaims beneficial ownership of any shares of the Issuer’s common stock owned by NXP Co-Investment Investor S.à.r.l.

   (b)    Percent of class:      
      See Item 11 of each cover page      
   (c)    Number of shares as to which the person has:      
      (i)    Sole power to vote or to direct the vote:      
         See Item 5 of each cover page      
      (ii)    Shared power to vote or to direct the vote:      
         See Item 6 of each cover page      
      (iii)    Sole power to dispose or to direct the disposition of:      
         See Item 7 of each cover page      
      (iv)    Shared power to dispose or to direct the disposition of:      
         See Item 8 of each cover page      
Item 5.    Ownership of 5 Percent or Less of a Class.   
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x].   
Item 6.    Ownership of More than 5 Percent on Behalf of Another Person.      
   See Item 4 above      
Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   Not applicable
Item 8.    Identification and Classification of Members of the Group.      
  

Not applicable

Item 9.    Notice of Dissolution of Group.      
  

Apax NXP VI 1 L.P., Apax NXP VI A L.P., Apax NXP V A L.P., Apax V B-2 L.P., Apax NXP US VII L.P. and Meridian Holding S.à.r.l. (collectively, the “Apax Parties”) are, together with funds and entities advised by Kohlberg Kravis Roberts & Co. L.P. (“KKR”), Bain Capital Partners, LLC (“Bain”), Silver Lake Management Company, L.L.C. (“Silver Lake”) and AlpInvest Partners B.V. (“AlpInvest,” with the funds and entities advised by KKR, Bain, Silver Lake and AlpInvest being referred to as the “Other Parties”), Koninklijke Philips Electronics N.V. and PPTL Investment LP (together, the “Philips Parties”), NXP Co-Investment Partners L.P. and NXP Co-Investment Investor S.à.r.l. (together, the “Co-Investors”), Kaslion S.à.r.l., Kaslion Holding B.V. and Stichting Management Co-Investment NXP (the “Management Foundation”), parties to a shareholders’ agreement (the “Shareholders’ Agreement”) with respect to the Issuer. The rights of the parties under the Shareholders’ Agreement with respect to, among other things, the election of directors, drag-along and tag-along rights and transfer restrictions more generally have terminated. The share ownership reported for the filing persons reporting on this Schedule 13G/A does not include any shares owned by the Other Parties, the Co-Investors, the Philips Parties or the Management Foundation. Each of the filing persons reporting on this Schedule 13G/A disclaims beneficial ownership of any shares of the Issuer’s common stock owned by the Other Parties, the Co-Investors, the Philips Parties and the Management Foundation.

 

Kings Road Holdings IV, L.P., NXP Co-Investment Partners II, L.P., NXP Co-Investment Partners III, L.P., NXP Co-Investment Partners IV, L.P., TCW/NXP Co-Investment Partners IV, L.P., TCW/NXP Co-Investment Partners IVB, L.P., NXP Co-Investment Partners VII, L.P., NXP Co-Investment Partners VIII, L.P. and OZ NXP Investment, Ltd (collectively, the “Co-Investment Parties”), the Apax Parties and the Other Parties are parties to an agreement (the “Co-Investment Agreement”) with respect to shares of common stock of the Issuer. The transfer restrictions with respect to the shares of the Issuer’s common stock under the Co-Investment Agreement have also terminated. The share ownership reported for the filing persons reporting on this Schedule 13G/A does not include any shares owned by the Co-Investment Parties, and each of the filing persons reporting on this Schedule 13G/A disclaims beneficial ownership of any shares of the Issuer’s common stock owned by the Co-Investment Parties.

 

This Schedule 13G/A shall not be deemed to be an admission that any of the filing persons reporting on this Schedule 13G/A is a member of a “group” with the other parties to the Shareholders’ Agreement or the Co-Investment Agreement or any shares of the Issuer’s common stock owned by the such parties or any of their related entities for any purpose.

     
Item 10.    Certifications.      
   Not applicable      

 

 

- 10 -


After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

    APAX PARTNERS EUROPE MANAGERS LTD
  Dated: February 14, 2014   Signature:  

/s/ Andrew Sillitoe

    Name:   Andrew Sillitoe
    Title:  

Power of Attorney

  Dated: February 14, 2014   Signature:  

/s/ Martin Halusa

    Name:  

Martin Halusa

    Title:  

Director

    APAX EUROPE VI GP CO. LIMITED
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:   AW Guille
    Title:  

Director

    APAX EUROPE VI GP L.P. INC.
    By: APAX EUROPE VI GP CO. LIMITED
    Its: General Partner
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:   AW Guille
    Title:  

Director

    APAX EUROPE VI-A LP
   

By: APAX EUROPE VI GP L.P. INC.

Its: General Partner

 

By: APAX EUROPE VI GP CO. LIMITED

Its: General Partner

  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:   AW Guille
    Title:  

Director

    Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

    APAX NXP (UK) VI A1 GP CO. LTD
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:   AW Guille
    Title:  

Director

  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:   AW Guille
    Title:  

Director

 

- 11 -


    APAX NXP VI-A LP
   

By: APAX NXP (UK) VI A1 GP CO. LTD

   

Its: General Partner

  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

  Dated: February 14, 2014   Signature:  

/s/ Gordon Purvis

    Name:  

Gordon Purvis

    Title:  

Director

    MERIDIAN HOLDING S.À.R.L.
  Dated: February 14, 2014   Signature:   /s/ Isabelle Probstel
    Name:  

Isabelle Probstel

    Title:  

Class B Manager

  Dated: February 14, 2014   Signature:   

/ Geoffrey Limpach

    Name:  

Geoffrey Limpach

    Title:  

Class A Manager

 

- 12 -


EXHIBIT INDEX

 

Exhibit 1    Joint Filing Agreement dated as of February 14, 2014

 

- 13 -


Exhibit 1

Joint Filing Agreement

We, the signatories of the statement on Schedule 13G to which this Agreement is attached, hereby agree that such statement is, and any amendments thereto filed by any of us will be, filed on behalf of each of us.

 

    APAX PARTNERS EUROPE MANAGERS LTD
  Dated: February 14, 2014   Signature:  

/s/ Andrew Sillitoe

    Name:  

Andrew Sillitoe

    Title:  

Power of Attorney

  Dated: February 14, 2014   Signature:  

/s/ Martin Halusa

    Name:  

Martin Halusa

    Title:  

Director

    APAX EUROPE VI GP CO. LIMITED
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

    APAX EUROPE VI GP L.P. INC.
    By: APAX EUROPE VI GP CO. LIMITED
    Its: General Partner
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

   

APAX EUROPE VI-A LP

    By: APAX EUROPE VI GP L.P. INC.
    Its: General Partner
   

By: APAX EUROPE VI GP CO. LIMITED

    Its: General Partner
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

    Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

 

- 14 -


    APAX NXP (UK) VI A1 GP CO. LTD
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

    APAX NXP VI-A LP
    By: APAX NXP (UK) V1 A1 GP CO. LTD
    Its: General Partner
  Dated: February 14, 2014   Signature:  

/s/ AW Guille

    Name:  

AW Guille

    Title:  

Director

  Dated: February 14, 2014   Signature:  

/s/ Gordon Purvis

    Name:  

Gordon Purvis

    Title:  

Director

    MERIDIAN HOLDING S.À.R.L.
  Dated: February 14, 2014   Signature:  

/s/ Isabelle Probstel

    Name:  

Isabelle Probstel

    Title:  

Class B Manager

  Dated: February 14, 2014   Signature:  

/s/ Geoffrey Limpach

    Name:  

Geoffrey Limpach

    Title:  

Class A Manager

 

- 15 -