---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-063536"
form_type: "8-K"
ticker: "RMBS"
cik: "0000917273"
company_name: "RAMBUS INC"
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T02:14:29.575582+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rambus to repurchase $123.1M of 1.375% Convertible Notes due 2023 for ~$184.4M cash

## Summary
- Repurchase price based on $27.20 closing stock price; actual cash subject to adjustment over 19-day measurement period ending March 29, 2022.
- Closing expected on or about March 31, 2022; after repurchase, $49.4M principal of 2023 Notes will remain outstanding.
- Rambus also expects to terminate corresponding portions of convertible note hedge and warrant transactions with option counterparties.
- Option counterparties may sell shares of Common Stock in secondary market or unwind derivative transactions shortly after the repurchase.

## SEC filing metadata
- accession: 0001193125-22-063536
- form_type: 8-K
- ticker: RMBS
- cik: 0000917273
- company_name: RAMBUS INC
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917273/000119312522063536/0001193125-22-063536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917273/000119312522063536/d282733d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-063536
- JSON: https://secwatch.observer/filing/0001193125-22-063536.json
- Plain text: https://secwatch.observer/filing/0001193125-22-063536.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.