{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-168966","form_type":"8-K","ticker":"LITE","cik":"0001633978","company_name":"Lumentum Holdings Inc.","filed_at":"2023-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.753954+00:00","generated_at":"2026-06-13T22:48:14.570555+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lumentum prices $603.75M convertible note offering; uses proceeds for debt repurchase and share buyback","bullets":["Issued $603.75M aggregate principal of 1.50% convertible senior notes due 2029, including full exercise of greenshoe option.","Initial conversion rate of 14.3808 shares/$1,000 (conversion price ~$69.54), a 30% premium to June 13 close of $53.49.","Used ~$132.8M of proceeds to repurchase $125M of 0.25% convertible notes due 2024 and ~$125M to buy back common stock.","Net proceeds ~$598.2M after discounts/expenses; remaining for general corporate purposes including potential acquisitions.","Notes are senior unsecured, redeemable after June 22, 2026 if stock price condition met; no sinking fund."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-168966","json":"https://secwatch.observer/filing/0001193125-23-168966.json","markdown":"https://secwatch.observer/filing/0001193125-23-168966.md","text":"https://secwatch.observer/filing/0001193125-23-168966.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633978/000119312523168966/0001193125-23-168966-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633978/000119312523168966/d317553d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T22:48:14.570555+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4f2fe24dfcc4252ebb3ea0460dd7d489ebb5a4b4","claim":"Lumentum Holdings Inc. incurred convertible notes of $603.75 million aggregate principal amount with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers at 1.50% per year maturing December 15, 2029.","evidence_excerpt":"to purchase up to an additional $78.75 million aggregate principal amount of the Notes on the same terms and conditions, which was exercised in full on June 14, 2023. A total of $603.75 million aggregate principal amount of Notes were issued on June 16, 2023. The aggregate principal amount of the offering was increased from the previously announced offering size of $500","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000119312523168966/0001193125-23-168966-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$603.75 million aggregate principal amount"},{"label":"Counterparty","value":"Goldman Sachs & Co. LLC, as representative of the Initial Purchasers"},{"label":"Rate","value":"1.50% per year"},{"label":"Maturity","value":"December 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"57216b0061e6eb06e870ff2e2c4b13f4d2167585","claim":"Lumentum Holdings Inc. entered into Purchase Agreement with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers valued at $525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029 (effective 2023-06-13).","evidence_excerpt":"On June 13, 2023, Lumentum Holdings Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, as representative of the Initial Purchasers named in Schedule I thereto (the “Initial Purchasers”), to issue and sell to the Initial Purchasers $525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000119312523168966/0001193125-23-168966-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Goldman Sachs & Co. LLC, as representative of the Initial Purchasers"},{"label":"Value","value":"$525 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029"},{"label":"Effective","value":"2023-06-13"}],"fact_type":"material_agreement"},{"claim_id":"b7afd18c9abd3c48a3040949a70abfb2cb91c092","claim":"Lumentum Holdings Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2023-06-16).","evidence_excerpt":"On June 16, 2023, the Company entered into an indenture relating to the issuance of the Notes (the “Indenture”), by and between the Company and U.S. Bank Trust Company, National Association, as trustee","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000119312523168966/0001193125-23-168966-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Effective","value":"2023-06-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}