UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

 

Amendment No. 1
to
SCHEDULE TO

Tender Offer Statement under Section 14(d)(1) or 13(e)(1)

of the Securities Exchange Act of 1934

 

 

 

 

Ford Motor Company

Ford Motor Company Capital Trust II

(Name of Subject Company (Issuer))

 

 

 

 

Ford Motor Company

Ford Motor Company Capital Trust II

(Name of Filing Person (Offeror))

 

 

 

 

6.50% Cumulative Convertible Trust Preferred Securities

(liquidation preference $50.00 per preferred security)

of Ford Motor Company Capital Trust II

(Title of Class of Securities)

 

345395 20 6

(CUSIP Number of Class of Securities)

 

 

 

 

Peter Sherry, Jr., Esq.

Associate General Counsel and Secretary

Ford Motor Company

One American Road

Dearborn, Michigan 48126

(313) 322-3000

(Name, Address and Telephone Number of Person Authorized

to Receive Notices and Communications on Behalf of Filing Persons)

 

with a copy to :

Lisa L. Jacobs, Esq.

Shearman & Sterling LLP

599 Lexington Ave.

New York, New York 10022

 

o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 

Check the appropriate box(es) below to designate any transactions to which the statement relates:

 

o third-party tender offer subject to Rule 14d-1.

 

þ issuer tender offer subject to Rule 13e-4.

 

o going-private transaction subject to Rule 13e-3.

 

o 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:  o

 

 

INTRODUCTORY STATEMENT

 

This Issuer Tender Offer Statement on Schedule TO (this “Schedule TO”) is being filed by Ford Motor Company, a Delaware corporation (“Ford”), and Ford Motor Company Capital Trust II, a statutory business trust that was formed under the laws of the state of Delaware and a wholly-owned subsidiary of Ford (the “Trust”), pursuant to Section 13(e)-4 of the Securities Exchange Act of 1934, as amended, in connection with an offer by Ford to holders of the 6.50% Cumulative Convertible Trust Preferred Securities (liquidation preference $50.00 per preferred security) of the Trust (the “Trust Preferred Securities”) of the right to receive for each Trust Preferred Security validly tendered and accepted for conversion, 2.8249 shares of Ford’s Common Stock, $.01 par value per share (“Ford Common Stock”), plus an amount of shares of Ford Common Stock valued at $14.25, as determined by dividing (i) $14.25 by (ii) the volume-weighted average of the reported sales prices on the New York Stock Exchange of Ford Common Stock during the three trading days ending at the close of the second trading day prior to the expiration of the conversion offer (the “Conversion Offer”).

 

The Conversion Offer is made upon the terms and subject to the conditions described in the offering circular, dated July 13, 2007 (the “Offering Circular”), and the accompanying letter of transmittal. The Offering Circular and the accompanying letter of transmittal are filed as exhibits (a)(1)(A) and (a)(1)(B), respectively, hereto.

 

The information set forth in the Offering Circular and the accompanying letter of transmittal, is hereby expressly incorporated herein by reference in response to all items required in this Schedule TO.

 

This Issuer Tender Offer Statement on Schedule TO is being filed in satisfaction of the reporting requirements of Rule 13e-4(c)(2) promulgated under the Securities Exchange Act of 1934, as amended.

 

 

The information set forth under the captions “Summary — The Conversion Offer” and “Questions and Answers about the Conversion Offer” in the Offering Circular is incorporated herein by reference.

 

 

(a) The information set forth under the captions “Summary — Ford Motor Company” and “Summary — Ford Motor Company Capital Trust II” in the Offering Circular is incorporated herein by reference.

 

(b) The subject class of securities is the 6.50% Cumulative Convertible Trust Preferred Securities (liquidation preference $50.00 per preferred security) of Ford Motor Company Capital Trust II. As of June 29, 2007, 99,998,500 Trust Preferred Securities were outstanding.

 

(c) The information set forth under the caption “Price Range of Ford Common Stock and Trust Preferred Securities and Ford’s Dividend Policy” in the Offering Circular is incorporated herein by reference.

 

 

The information set forth under the caption “Identity and Background of Ford and Affiliates” in the Offering Circular is incorporated herein by reference.

 

 

(a) The information set forth under the captions “Summary — The Conversion Offer,” “Questions and Answers about the Conversion Offer,” “The Conversion Offer,” “Comparison of Rights of Holders of Trust Preferred Securities and Holders of Ford Common Stock,” “Description of Ford Capital Stock”

and “Material United States Federal Income Tax Consequences” in the Offering Circular, as well as the information set forth in the related letter of transmittal, is incorporated herein by reference.

 

(b) To Ford’s knowledge based on reasonable inquiry, no Trust Preferred Securities are owned by any officer, director or affiliate of Ford, other than 60,000 Trust Preferred Securities owned by William Clay Ford, Jr. and 20,000 Trust Preferred Securities owned by a charitable foundation, the Alex and Marie Manoogian Foundation, 21001 Van Born Road, Taylor, Michigan, 48189, of which Richard A. Manoogian is a trustee. To Ford’s knowledge based on reasonable inquiry, Mr. Ford intends to tender the 60,000 Trust Preferred Securities he owns pursuant to the conversion offer and the Alex and Marie Manoogian Foundation does not intend to participate in the Conversion Offer. See the information set forth under the caption “Interests of Directors and Officers” in the Offering Circular, which is incorporated herein by reference.

 

 

(e) The information set forth under the caption “Interest of Directors and Officers” in the Offering Circular is incorporated herein by reference. See also the information set forth under the captions “Description of Ford Capital Stock, Description of Trust Preferred Securities,” “Description of Debentures,” and “Description of Trust Preferred Securities Guarantee” in the Offering Circular, which are incorporated herein by reference.

 

 

(a) The information set forth under the captions “Summary — The Conversion Offer,” “Questions and Answers about the Conversion Offer — Why is Ford making the conversion offer?” and “The Conversion Offer — Purpose and Effects of the Conversion Offer” in the Offering Circular is incorporated herein by reference.

 

(b) The information set forth under the captions “Summary — The Conversion Offer,” “Questions and Answers about the Conversion Offer — What does Ford intend to do with the Trust Preferred Securities that are tendered in the conversion offer?” and “The Conversion Offer — Terms of the Conversion Offer” in the Offering Circular is incorporated herein by reference.

 

(c) The information set forth under the captions “Summary — The Conversion Offer,” “Questions and Answers about the Conversion Offer — How will the conversion offer affect the trading market for the Trust Preferred Securities that are not converted in the conversion offer?,” “Risk Factors — Risks Related to Holding Trust Preferred Securities after the Conversion Offer” and “The Conversion Offer — Terms of the Conversion Offer” in the Offering Circular is incorporated herein by reference.

 

 

(a) The information set forth under the captions “Summary — The Conversion Offer,” “Questions and Answers about the Conversion Offer — What will I receive in the conversion offer if I validly tender Trust Preferred Securities and they are accepted for conversion?” and “The Conversion Offer — Terms of the Conversion Offer” in the Offering Circular is incorporated herein by reference.

 

(b) Not applicable.

 

(d) Not applicable.

 

 

(a) Neither Ford nor the Trust owns any Trust Preferred Securities. To Ford’s knowledge based on reasonable inquiry, no Trust Preferred Securities are owned by any officer, director or affiliate of Ford or by any associate or majority owned subsidiary of those persons, except 60,000 Trust Preferred Securities owned by William Clay Ford, Jr. representing 0.06% of the outstanding Trust Preferred Securities and 20,000 Trust Preferred Securities owned by a charitable foundation, the Alex and Marie

Manoogian Foundation, 21001 Van Born Road, Taylor, Michigan, 48180, of which Richard A. Manoogian is a trustee, representing 0.02% of the Trust Preferred Securities outstanding. See the information set forth under the caption “Interests of Directors and Officers” in the Offering Circular, which is incorporated herein by reference.

 

(b) The information set forth under the caption “Interests of Directors and Officers” in the Offering Circular is incorporated herein by reference.

 

 

(a) The information set forth under the caption “Fees and Expenses” in the Offering Circular is incorporated herein by reference. For information regarding the Information Agent and the Conversion Agent, see the information set forth under the captions “Information Agent” and “Conversion Agent” in the Offering Circular, which is incorporated herein by reference.

 

 

(a) The information set forth under the captions “Where You Can Find More Information,” and “Selected Consolidated Financial Data” in the Offering Circular is incorporated herein by reference. The information set forth under (i) Item 8, Financial Statements and Supplementary Data, in Ford’s Annual Report on Form 10-K for the fiscal year ended December 31, 2006 and (ii) Item 1, Financial Statements, and Exhibit 12, Ford Motor Company and Subsidiaries Calculation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends, in Ford’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2007 is incorporated herein by reference and can also be accessed electronically on the Securities and Exchange Commission’s website at http://www.sec.gov.

 

(b) and (c) The information set forth under the captions “Summary — Capitalization of Ford;” “ — Summary Historical Consolidated Financial Data; ” “ — Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends;” “ — Pro Forma Summary Historical Consolidated Financial Data;” and “Selected Consolidated Financial Data” in the Offering Circular is incorporated herein by reference.

 

 

(a) To Ford’s knowledge, there are no governmental or federal or state regulatory requirements or approvals required for the consummation of the Conversion Offer, other than compliance with applicable securities laws.

 

(b) The information set forth in the Offering Circular and the accompanying letter of transmittal is incorporated herein by reference.

 

 

The following are attached as exhibits to this Schedule TO:

 

 

 

 

 

Not applicable.

SIGNATURES

 

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.

 

Ford Motor Company

 

Name: Donat R. Leclair, Jr.

Chief Financial Officer

 

Dated: July 13, 2007

 

Ford Motor Company Capital Trust II

 

By: Ford Motor Company, as Sponsor

 

Name: Peter Sherry, Jr.

Title: Secretary

 

Dated: July 13, 2007