1
This filing is made pursuant
to Rule 424(b)(3) under the
PROSPECTUS SUPPLEMENT NO. 7 TO Securities Act of 1933 in
PROSPECTUS DATED JULY 23, 1998 connection with Registration
No. 333-58857
INGRAM MICRO INC.
$1,330,000,000 PRINCIPAL AMOUNT AT MATURITY OF
ZERO COUPON CONVERTIBLE SENIOR DEBENTURES DUE 2018
AND
SHARES OF CLASS A COMMON STOCK,
PAR VALUE $0.01 PER SHARE, ISSUABLE UPON CONVERSION THEREOF
This Prospectus Supplement relates to the resale by the holders (the
"Selling Securityholders") of Zero Coupon Convertible Senior Debentures due 2018
(the "Debentures") of Ingram Micro Inc. (the "Company") and the shares of Class
A Common Stock, par value $0.01 per share ("Common Stock"), of the Company
issuable upon the conversion of the Debentures (the "Conversion Shares").
This Prospectus Supplement should be read in conjunction with the
Prospectus dated July 23, 1998, which is to be delivered with this Prospectus
Supplement. All capitalized terms used herein but not defined in this Prospectus
Supplement shall have the meanings given them in the Prospectus.
The table below sets forth information as of the date hereof concerning
beneficial ownership of the Debentures and Common Stock by the Selling
Securityholders therein listed. All information concerning beneficial ownership
has been furnished by the Selling Securityholders.
PRINCIPAL
AMOUNT OF NUMBER OTHER
DEBENTURES PERCENTAGE OF OF CONVERSION SHARES OF PERCENTAGE OF PERCENTAGE OF
THAT DEBENTURES SHARES THAT COMMON STOCK COMMON STOCK COMMON EQUITY
NAME MAY BE SOLD OUTSTANDING MAY BE SOLD(1) HELD OUTSTANDING(2) OUTSTANDING(2)(3)
---- ----------- ------------- -------------- ------------ -------------- -----------------
American Community Mutual
Insurance Company...... $ 600,000 * 3,297 0 * *
American Pioneer Life
Insurance Co.
of New York............ $ 100,000 * 549 0 * *
American Progressive Life
& Health Insurance Co.
of New York............ $ 100,000 * 549 0 * *
American Public Entity
Excess Pool............ $ 100,000 * 549 0 * *
American Republic
Insurance Company...... $1,200,000 * 6,594 0 * *
Amwest Surety Insurance
Company................ $ 650,000 * 3,571 0 * *
Anthracite Mutual Fire
Life Insurance
Company................ $ 30,000 * 164 0 * *
Associated Physicians
Insurance Company...... $ 50,000 * 274 0 * *
Baltimore Life Insurance
Company................ $ 250,000 * 1,373 0 * *
BCS Life Insurance
Company................ $ 750,000 * 4,121 0 * *
Care American Life
Insurance Company...... $ 100,000 * 549 0 * *
Catholic Relief Insurance
Company of America..... $ 600,000 * 3,297 0 * *
Chicago Mutual Insurance
Company................ $ 100,000 * 549 0 * *
Chrysler Insurance
Company................ $6,000,000 * 32,970 0 * *
Commonwealth Dealers Life
Insurance.............. $ 200,000 * 1,099 0 * *
Concord Life Insurance
Company................ $ 250,000 * 1,373 0 * *
Condor Insurance
Company................ $ 200,000 * 1,099 0 * *
CSA Fraternal Life
Insurance Company...... $ 150,000 * 824 0 * *
Farmers Home Mutual
Insurance Company...... $ 400,000 * 2,198 0 * *
Federated Rural Electric
Insurance Corp. ....... $ 350,000 * 1,923 0 * *
Financial American Life
Insurance Company...... $ 50,000 * 274 0 * *
PERCENTAGE OF VOTING
POWER OF
COMMON EQUITY
NAME OUTSTANDING(2)(3)(4)
---- --------------------
American Community Mutual
Insurance Company...... *
American Pioneer Life
Insurance Co.
of New York............ *
American Progressive Life
& Health Insurance Co.
of New York............ *
American Public Entity
Excess Pool............ *
American Republic
Insurance Company...... *
Amwest Surety Insurance
Company................ *
Anthracite Mutual Fire
Life Insurance
Company................ *
Associated Physicians
Insurance Company...... *
Baltimore Life Insurance
Company................ *
BCS Life Insurance
Company................ *
Care American Life
Insurance Company...... *
Catholic Relief Insurance
Company of America..... *
Chicago Mutual Insurance
Company................ *
Chrysler Insurance
Company................ *
Commonwealth Dealers Life
Insurance.............. *
Concord Life Insurance
Company................ *
Condor Insurance
Company................ *
CSA Fraternal Life
Insurance Company...... *
Farmers Home Mutual
Insurance Company...... *
Federated Rural Electric
Insurance Corp. ....... *
Financial American Life
Insurance Company...... *
2
PRINCIPAL
AMOUNT OF NUMBER OTHER
DEBENTURES PERCENTAGE OF OF CONVERSION SHARES OF PERCENTAGE OF PERCENTAGE OF
THAT DEBENTURES SHARES THAT COMMON STOCK COMMON STOCK COMMON EQUITY
NAME MAY BE SOLD OUTSTANDING MAY BE SOLD(1) HELD OUTSTANDING(2) OUTSTANDING(2)(3)
---- ----------- ------------- -------------- ------------ -------------- -----------------
First Delaware Insurance
Company................ $ 20,000 * 109 0 * *
First Patriot Insurance
Company................ $ 100,000 * 549 0 * *
Fort Dearborn Life
Insurance Company...... $ 300,000 * 1,648 0 * *
Frontier Insurance
Company................ $1,400,000 * 7,693 0 * *
Goodville Mutual Casualty
Company................ $ 50,000 * 274 0 * *
Gopher State Mutual
Insurance Company...... $ 150,000 * 824 0 * *
Grain Dealers Mutual
Insurance.............. $ 250,000 * 1,373 0 * *
Guaranty Income Life
Insurance Company...... $ 550,000 * 3,022 0 * *
Guarantee Trust Life
Insurance Company...... $1,300,000 * 7,143 0 * *
Illinois Founders
Insurance Company...... $ 100,000 * 549 0 * *
Illinois State Bar
Association Mutual
Insurance Company...... $ 350,000 * 1,923 0 * *
Integrity Mutual
Insurance Company...... $ 350,000 * 1,923 0 * *
Kanawha Insurance
Company................ $ 100,000 * 549 0 * *
Lebanon Mutual Insurance
Company................ $ 100,000 * 549 0 * *
Lone Star Life Insurance
Company................ $1,650,000 * 9,066 0 * *
Medico Life Insurance
Company................ $1,000,000 * 5,495 0 * *
Medmarc Insurance
Company................ $ 550,000 * 3,022 0 * *
Mid America Life
Insurance Company...... $ 50,000 * 274 0 * *
Middle Cities Risk
Management Trust....... $ 200,000 * 1,099 0 * *
Midwest Security Life.... $ 300,000 * 1,648 0 * *
Millers Casualty
Insurance Company of
Texas.................. $ 300,000 * 1,648 0 * *
Mutual Protective
Insurance Company...... $1,300,000 * 7,143 0 * *
NCMIC.................... $ 600,000 * 3,297 0 * *
New Castle Mutual
Insurance Company...... $ 50,000 * 274 0 * *
Old Guard Fire Insurance
Company................ $ 250,000 * 1,373 0 * *
Old Guard Insurance
Company................ $ 550,000 * 3,022 0 * *
Ozark National Life
Insurance Company...... $1,700,000 * 9,341 0 * *
Paramount Insurance
Company................ $ 300,000 * 1,648 0 * *
Phico Insurance Company.. $ 450,000 * 2,472 0 * *
Physicians Mutual
Insurance Company...... $ 450,000 * 2,472 0 * *
Pioneer Insurance
Company................ $ 100,000 * 549 0 * *
Police & Fireman's
Insurance
Association............ $ 100,000 * 549 0 * *
Public Service Mutual
Insurance Company...... $1,800,000 * 9,891 0 * *
Reassurance Company of
Hanover................ $ 600,000 * 3,297 0 * *
Secura Insurance, A
Mutual Company......... $ 650,000 * 3,571 0 * *
Security Mutual Life
Insurance Company of
Lincoln, NE............ $ 200,000 * 1,099 0 * *
Service Life and Casualty
Insurance Company...... $ 100,000 * 549 0 * *
PERCENTAGE OF VOTING
POWER OF
COMMON EQUITY
NAME OUTSTANDING(2)(3)(4)
---- --------------------
First Delaware Insurance
Company................ *
First Patriot Insurance
Company................ *
Fort Dearborn Life
Insurance Company...... *
Frontier Insurance
Company................ *
Goodville Mutual Casualty
Company................ *
Gopher State Mutual
Insurance Company...... *
Grain Dealers Mutual
Insurance.............. *
Guaranty Income Life
Insurance Company...... *
Guarantee Trust Life
Insurance Company...... *
Illinois Founders
Insurance Company...... *
Illinois State Bar
Association Mutual
Insurance Company...... *
Integrity Mutual
Insurance Company...... *
Kanawha Insurance
Company................ *
Lebanon Mutual Insurance
Company................ *
Lone Star Life Insurance
Company................ *
Medico Life Insurance
Company................ *
Medmarc Insurance
Company................ *
Mid America Life
Insurance Company...... *
Middle Cities Risk
Management Trust....... *
Midwest Security Life.... *
Millers Casualty
Insurance Company of
Texas.................. *
Mutual Protective
Insurance Company...... *
NCMIC.................... *
New Castle Mutual
Insurance Company...... *
Old Guard Fire Insurance
Company................ *
Old Guard Insurance
Company................ *
Ozark National Life
Insurance Company...... *
Paramount Insurance
Company................ *
Phico Insurance Company.. *
Physicians Mutual
Insurance Company...... *
Pioneer Insurance
Company................ *
Police & Fireman's
Insurance
Association............ *
Public Service Mutual
Insurance Company...... *
Reassurance Company of
Hanover................ *
Secura Insurance, A
Mutual Company......... *
Security Mutual Life
Insurance Company of
Lincoln, NE............ *
Service Life and Casualty
Insurance Company...... *
3
PRINCIPAL
AMOUNT OF NUMBER OTHER
DEBENTURES PERCENTAGE OF OF CONVERSION SHARES OF PERCENTAGE OF PERCENTAGE OF
THAT DEBENTURES SHARES THAT COMMON STOCK COMMON STOCK COMMON EQUITY
NAME MAY BE SOLD OUTSTANDING MAY BE SOLD(1) HELD OUTSTANDING(2) OUTSTANDING(2)(3)
---- ----------- ------------- -------------- ------------ -------------- -----------------
Service Lloyds Insurance
Company................ $ 150,000 * 824 0 * *
Standard Mutual Insurance
Company................ $ 350,000 * 1,923 0 * *
Texas Builders Insurance
Company................ $ 150,000 * 824 0 * *
Transguard Insurance
Company of America..... $1,100,000 * 6,044 0 * *
United National Insurance
Company................ $2,000,000 * 10,990 0 * *
United Teacher Associates
Insurance Company...... $2,100,000 * 11,539 0 * *
Washington International
Insurance Company...... $ 500,000 * 2,747 0 * *
Western Home Mutual
Insurance.............. $ 250,000 * 1,373 0 * *
Westward Life Insurance
Company................ $ 90,000 * 494 0 * *
Wisconsin Lawyers Mutual
Insurance Company...... $ 260,000 * 1,428 0 * *
Wisconsin Mutual
Insurance Company...... $ 250,000 * 1,373 0 * *
World Insurance Company.. $ 700,000 * 3,846 0 * *
PERCENTAGE OF VOTING
POWER OF
COMMON EQUITY
NAME OUTSTANDING(2)(3)(4)
---- --------------------
Service Lloyds Insurance
Company................ *
Standard Mutual Insurance
Company................ *
Texas Builders Insurance
Company................ *
Transguard Insurance
Company of America..... *
United National Insurance
Company................ *
United Teacher Associates
Insurance Company...... *
Washington International
Insurance Company...... *
Western Home Mutual
Insurance.............. *
Westward Life Insurance
Company................ *
Wisconsin Lawyers Mutual
Insurance Company...... *
Wisconsin Mutual
Insurance Company...... *
World Insurance Company.. *
- ---------------
* Less than 1%.
(1) Assumes conversion of the full amount of Debentures held by such holder at
the initial conversion rate of 5.495 shares of Common Stock per $1,000
principal amount at maturity of Debentures; such conversion rate is subject
to adjustment as described under "Description of Debentures -- Conversion of
Debentures." Accordingly, the number of shares of Common Stock issuable upon
conversion of the Debentures may increase or decrease from time to time.
Under the terms of the Indenture, fractional shares will not be issued upon
conversion of the Debentures; cash will be paid in lieu of fractional
shares, if any.
(2) Computed in accordance with Rule 13d-3(d)(i) promulgated under the Exchange
Act and based upon 40,331,321 shares of Common Stock outstanding as of July
4, 1998, treating as outstanding the number of Conversion Shares shown as
being issuable upon the assumed conversion by the named holder of the full
amount of such holder's Debentures but not assuming the conversion of the
Debentures of any other holder.
(3) Based upon 99,281,252 shares of Class B Common Stock outstanding as of July
4, 1998. See "Description of Capital Stock" in the Prospectus.
(4) Each share of Common Stock entitles the holder to one vote on each matter
submitted to a vote of the Company's shareowners and each share of Class B
Common Stock entitles the holder to ten votes on each such matter. See
"Description of Capital Stock -- Common Equity -- Voting Rights" in the
Prospectus.
------------------------
PROSPECTIVE INVESTORS SHOULD CAREFULLY CONSIDER THE MATTERS DISCUSSED UNDER
THE CAPTION "RISK FACTORS" COMMENCING ON PAGE 6 OF THE PROSPECTUS.
------------------------
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
------------------------
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS SEPTEMBER 16, 1998.