Amended Statement of Ownership: Solicitation (sc 14d9/a)
March 28 2017 - 6:05AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
14D-9
(Rule
14d-101)
Solicitation/Recommendation Statement
Under Section 14(d)(4) of the Securities Exchange Act of 1934
(Amendment No. 2)
NIMBLE
STORAGE, INC.
(Name of Subject Company)
NIMBLE
STORAGE, INC.
(Name of Person Filing Statement)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
65440R101
(CUSIP Number
of Class of Securities)
Suresh Vasudevan
Chief Executive Officer
Nimble Storage, Inc.
211
River Oaks Parkway
San Jose, California 95134
(408)
432-9600
(Name, address and telephone number of person authorized to receive notices and communications on behalf of the persons filing statement)
With copies to:
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Gordon K. Davidson, Esq.
Lynda M. Twomey, Esq.
Fenwick & West LLP
801 California Street
Mountain View, CA 94041
(650)
988-8500
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Aparna Bawa, Esq.
Vice President, General Counsel and Secretary
Nimble Storage, Inc.
211
River Oaks Parkway
San Jose, California 95134
(408)
432-9600
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
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Introduction
This Amendment No. 2 (the
Amendment No.
2
) amends and supplements the Solicitation/Recommendation Statement on
Schedule
14D-9
(as amended, the
Schedule
14D-9
) originally filed with the Securities and Exchange Commission (the
SEC
) on
March 17, 2017 by Nimble Storage, Inc., a Delaware corporation (
Nimble Storage
), in connection with the tender offer by Nebraska Merger Sub, Inc. (
Merger Sub
), a Delaware corporation and wholly owned
subsidiary of Hewlett Packard Enterprise Company (
Parent
), a Delaware corporation, to purchase all of the issued and outstanding shares of Nimble Storage common stock, par value $0.001 per share (each, a
Share
)
at a purchase price of $12.50 per Share, net to the seller in cash, without interest thereon, and less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the Agreement and Plan of Merger, dated as of
March 6, 2017, by and among Nimble Storage, Parent and Merger Sub and the Offer to Purchase, dated March 17, 2017 (as may be amended or supplemented from time to time, the
Offer to Purchase
), and in the related Letter of
Transmittal (as may be amended or supplemented from time to time, the
Letter of Transmittal
, which, together with the Offer to Purchase and other related materials, as each may be amended or supplemented from time to time,
constitutes the
Offer
). The Offer is described in a Tender Offer Statement on Schedule TO, filed by Merger Sub with the SEC on March 17, 2017. The Offer to Purchase and Letter of Transmittal are filed as Exhibits (a)(1)(A)
and (a)(1)(B) to the Schedule
14D-9,
respectively, and are incorporated therein by reference.
Except as otherwise
set forth below, the information in the Schedule
14D-9
remains unchanged and is incorporated by reference as relevant to the items in this Amendment No. 2. Capitalized terms used but not defined herein
have the meaning ascribed to them in the Schedule
14D-9.
This Amendment No. 2 is being filed to reflect certain updates as reflected below.
Item 8.
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Additional Information.
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Item 8 of the Schedule
14D-9
is hereby
amended and supplemented by inserting at the end of the subsection titled Certain Litigation the disclosure set forth below:
On
March 24, 2017, David Ettel, a purported stockholder of Nimble Storage, filed a putative securities class action complaint in the United States District Court for the Northern District of California against Nimble Storage and the individual
members of the Board, captioned
Ettel v. Nimble Storage Inc., et. al.
, Case No.
5:17-cv-01599
(the
Ettel Complaint
). The Ettel Complaint
asserts that Nimble Storage and certain of its directors violated sections 14(e), 14(d)(4), and 20(a) of the Exchange Act by making untrue statements of material fact and omitting certain material facts related to the Transactions in this Schedule
14D-9.
The Ettel Complaint alleges that the Schedule
14D-9
fails to disclose certain information concerning the financial projections and financial analyses by Nimble
Storages financial advisor in support of its fairness opinion, a potential conflict of interest of Nimble Storages financial advisor and that, among other things, the Offer Price appears to inadequately compensate Nimble Storage
shareholders and certain deal protection provisions contained in the Merger Agreement have the effect of deterring the submission of superior offers. The Ettel Complaint seeks, among other things, (i) to enjoin the Offer and the Transactions
unless and until the requested information is provided, (ii) money damages, and (iii) an award of attorneys fees and experts fees.
The foregoing description is qualified in its entirety by reference to the Ettel Complaint, which is attached as Exhibit (a)(5)(K) to this
Amendment No. 2.
Item 9 of the Schedule
14D-9
is hereby amended and
supplemented by adding the following exhibits:
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Exhibit
No.
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Description
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(a)(5)(K)*
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Class Action Complaint as filed March 24, 2017 (
Ettel v. Nimble Storage Inc., et. al.
, Case No.
5:17-cv-01599).
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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.
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N
IMBLE
S
TORAGE
, I
NC
.
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Date: March 27, 2017
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By:
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/s/ Anup Singh
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Anup Singh
Chief Financial
Officer
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