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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE TO
(RULE 14D-100)
TENDER OFFER STATEMENT UNDER SECTION 14 (d) (1)
OR SECTION 13 (e) (1) OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)
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ORATEC INTERVENTIONS, INC.
(Name of Subject Company (Issuer))
ORCHID MERGER CORP.
SMITH & NEPHEW, INC.
SMITH & NEPHEW PLC
(Names of Filing Persons (Offerors))
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COMMON STOCK, PAR VALUE $.001
PER SHARE (including the associated
preferred stock purchase rights)
(Title of Class of Securities)
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68554M
(CUSIP Number of Class of Securities)
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James A. Ralston, Senior Vice President and General Counsel
Smith & Nephew, Inc.
1450 Brooks Road
Memphis, Tennessee 38116
(901) 396-2121
(Name, address and telephone number of
person authorized to receive notices
and communications on behalf of filing persons)
Copy to:
Pran Jha
Sidley Austin Brown & Wood
Bank One Plaza
10 South Dearborn Street
Chicago, Illinois 60603
Telephone: (312) 853-7000
Check the appropriate boxes below to designate any transactions to which the
statement relates:
[X] third-party tender offer subject to Rule 14d-1.
[ ] issuer tender offer subject to Rule 13e-4.
[ ] going-private transaction subject to Rule 13e-3.
[X] 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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SCHEDULE 13D
CUSIP NO. 68554M
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NAME OF REPORTING PERSONS: Orchid Merger Corp.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [x]
(b) [_]
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SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4 OO
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6 Delaware
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SOLE VOTING POWER
7 -0-
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8 100 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 100 shares
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11 100 shares
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
12
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13 100%
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TYPE OF REPORTING PERSON
14 CO
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SCHEDULE 13D
CUSIP NO. 68554M
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NAME OF REPORTING PERSONS: Smith & Nephew, Inc.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 51-0123924
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CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP*
2 (a) [x]
(b) [_]
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SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4 OO
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(D) OR 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6 Delaware
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SOLE VOTING POWER
7 -0-
NUMBER OF
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8 100 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10 100 shares
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11 100 shares
------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
12
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13 100%
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TYPE OF REPORTING PERSON
14 CO
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SCHEDULE 13D
CUSIP NO. 68554M
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NAMES OF REPORTING PERSONS: Smith & Nephew plc
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only): 98-0224867
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
------------------------------------------------------------------------------
SOURCE OF FUNDS
4
CO
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
England and Wales
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SOLE VOTING POWER
7
NUMBER OF -0-
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
OWNED BY 100 shares
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
100 shares
------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
100 shares
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
12
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
100%
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TYPE OF REPORTING PERSON
14
CO
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This Amendment No. 3 (this "Amendment") amends and supplements the Tender
Offer Statement on Schedule TO filed by Orchid Merger Corp., a Delaware
corporation ("Purchaser"), Smith & Nephew, Inc., a Delaware corporation ("Smith
& Nephew"), and Smith & Nephew plc, a corporation organized under the laws of
England and Wales ("Parent"), on February 22, 2002, as amended by Amendment No.
1 and Amendment No. 2 thereto (as amended, the "Schedule TO"), relating to the
offer to purchase all issued and outstanding shares of common stock, par value
$.001 per share, of ORATEC Interventions, Inc., a Delaware corporation
("ORATEC"), including the associated preferred stock purchase rights issued
pursuant to the Preferred Shares Rights Agreement dated as of November 28, 2000,
as amended, between ORATEC and American Stock Transfer & Trust Company, as
rights agent (collectively, the "Shares"), upon the terms and subject to the
conditions set forth in the Offer to Purchase dated February 22, 2002 and in the
related Letter of Transmittal. Capitalized terms used but not defined herein
have the meanings assigned to such terms in the Schedule TO.
This Amendment also amends and supplements the Schedule 13D of Purchaser,
Smith & Nephew and Parent originally filed on February 22, 2002, as amended.
Item 1 through Item 11.
Items 1 through 11 of the Schedule TO are hereby amended and supplemented
by adding the following thereto:
On March 28, 2002, the merger of Purchaser with and into ORATEC (the
"Merger") became effective, with ORATEC surviving the Merger as a direct wholly
owned subsidiary of Smith & Nephew. As a result of the Merger, each Share issued
and outstanding immediately prior to the effective time of the Merger (other
than Shares owned by ORATEC, Smith & Nephew or any wholly owned subsidiary of
Smith & Nephew) was automatically cancelled and became the right to receive
cash, without interest, in the amount of $12.50 per Share. The Merger completes
the purchase of ORATEC by Smith & Nephew.
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.
SMITH & NEPHEW PLC
By: /s/ Michael Parson
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Name: Michael Parson
Title: Company Secretary
SMITH & NEPHEW, INC.
By: /s/ James A. Ralston
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Name: James A. Ralston
Title: Senior Vice President and
General Counsel
ORCHID MERGER CORP.
By: /s/ James A. Ralston
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Name: James A. Ralston
Title: Senior Vice President and
General Counsel
Date: March 28, 2002