SC 13G 1 d738579dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

SunEdison Semiconductor Limited

(Name of Issuer)

Ordinary shares, no par value

(Title of Class of Securities)

Y8213L102

(CUSIP Number)

May 29, 2014

(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)

x Rule 13d-1(c)

¨ 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).

 

 

 


CUSIP No. Y8213L102  

 

  1.   

Names of Reporting Persons

 

Samsung Electronics Co., Ltd.

  2.  

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

(a)  ¨        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Republic of Korea

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

2,425,578

   6.   

Shared Voting Power

 

0

   7.   

Sole Dispositive Power

 

2,425,578

   8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,425,578

10.  

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

 

    

11.  

Percent of Class Represented by Amount in Row (9)

 

5.8% (1)

12.  

Type of Reporting Person (See Instructions)

 

CO

 

(1) The ownership percentage of the Reporting Person is calculated based on a total of 41,506,175 ordinary shares of the Issuer outstanding immediately following the consummation of the initial public offering of the Issuer (including 1,080,000 ordinary shares sold to the underwriters of the Issuer’s initial public offering pursuant to the underwriters’ exercise in full of their option to purchase additional shares) and sales by the Issuer of its ordinary shares to the Reporting Person and Samsung Fine Chemicals Co., Ltd. via private placement transactions, as described in the Prospectus filed by the Issuer with the Securities and Exchange Commission pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended, on May 23, 2014.


Item 1.     

     
  (a)     Name of Issuer
     

SunEdison Semiconductor Limited

  (b)     Address of Issuer’s Principal Executive Offices
     

11 Lorong 3 Toa Payoh, Singapore 319579

 

Item 2.     

 

     
  (a)     Name of Person Filing
     

Samsung Electronics Co., Ltd.

  (b)     Address of Principal Business Office or, if none, Residence
     

95 Samsung Ro 2-Ro, Giheung-Gu, Yongin-City

Gyunggi-Do 447-742, Korea

  (c)     Citizenship
     

Republic of Korea

  (d)     Title of Class of Securities
     

Ordinary shares, no par value

  (e)     CUSIP Number
     

Y8213L102

 

Item 3.     If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a)   ¨   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
  (b)   ¨   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
  (c)   ¨   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
  (d)   ¨   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
  (e)   ¨   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
  (f)   ¨   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
  (g)   ¨   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
  (h)   ¨   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (i)   ¨   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
  (j)   ¨   A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);
  (k)   ¨  

Group, in accordance with § 240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with

§ 240.13d–1(b)(1)(ii)(J), please specify the type of institution:                            

  Not applicable.


Item 4.     Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

    (a)   Amount beneficially owned:
      2,425,578

 

    (b)   Percent of class:
      5.8% (1)

 

    (c)   Number of shares as to which the person has:

 

      (i)   Sole power to vote or to direct the vote
       

2,425,578

      (ii)   Shared power to vote or to direct the vote
       

0

      (iii)   Sole power to dispose or to direct the disposition of
       

2,425,578

      (iv)   Shared power to dispose or to direct the disposition of
       

0

 

(1)    The ownership percentage of the Reporting Person is calculated based on a total of 41,506,175 ordinary shares of the Issuer outstanding immediately following the consummation of the initial public offering of the Issuer (including 1,080,000 ordinary shares sold to the underwriters of the Issuer’s initial public offering pursuant to the underwriters’ exercise in full of their option to purchase additional shares) and sales by the Issuer of its ordinary shares to the Reporting Person and Samsung Fine Chemicals Co., Ltd. via private placement transactions, as described in the Prospectus filed by the Issuer with the Securities and Exchange Commission pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended, on May 23, 2014.

 

Item 5.     Ownership of Five 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  ¨.

 

Item 6.     Ownership of More than Five Percent on Behalf of Another Person

 

    Not applicable.

 

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

 

    Not applicable.

 

Item 10.  Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


Signature

After reasonable 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.

Date: June 3, 2014

 

Samsung Electronics Co., Ltd.
By:  

/s/ Myungkun Kim

Name:   Myungkun Kim
Title:   Vice President (Investor Relations Group)