---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-218524"
form_type: "8-K"
ticker: "RMBS"
cik: "0000917273"
company_name: "RAMBUS INC"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T01:15:55.607983+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rambus repurchases ~$39M of 2023 convertible notes for ~$57M; remaining $10M outstanding

## Summary
- Repurchasing ~$39M aggregate principal of 1.375% Convertible Senior Notes due 2023 for ~$57M cash.
- Cash consideration based on assumed stock price of $26.88; actual amount subject to 10-day measurement period.
- After closing, ~$10M principal of 2023 Notes remain outstanding with unchanged terms.
- Expects to terminate corresponding portions of convertible note hedge and warrant transactions.
- Option counterparties may sell shares of common stock in secondary market as a result of unwinding.

## SEC filing metadata
- accession: 0001193125-22-218524
- form_type: 8-K
- ticker: RMBS
- cik: 0000917273
- company_name: RAMBUS INC
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917273/000119312522218524/0001193125-22-218524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917273/000119312522218524/d382741d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-218524
- JSON: https://secwatch.observer/filing/0001193125-22-218524.json
- Plain text: https://secwatch.observer/filing/0001193125-22-218524.txt

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