{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-198329","form_type":"8-K","ticker":"LITE","cik":"0001633978","company_name":"Lumentum Holdings Inc.","filed_at":"2025-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.528998+00:00","generated_at":"2026-05-17T07:37:00.933446+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 issues $1.265B 0.375% convertible notes due 2032, repurchases $581M of 2026 notes","bullets":["Issued $1.265B aggregate principal of 0.375% Convertible Senior Notes due 2032; net proceeds ~$1.25B.","Used $843.8M to repurchase $581.1M aggregate principal of existing 0.50% 2026 notes (incl. accrued interest).","Used $88.7M for capped call transactions; cap price initially $268.24/share to reduce dilution.","Initial conversion rate 5.3257 shares/$1,000, conversion price ~$187.77 (40% premium over $134.12 stock price).","Remaining net proceeds for general corporate purposes, including potential acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-198329","json":"https://secwatch.observer/filing/0001193125-25-198329.json","markdown":"https://secwatch.observer/filing/0001193125-25-198329.md","text":"https://secwatch.observer/filing/0001193125-25-198329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633978/000119312525198329/0001193125-25-198329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633978/000119312525198329/d863090d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:37:00.933446+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":"ac89a358ebd41e1c50467836c052a6de001d0b43","claim":"Lumentum Holdings Inc. incurred convertible notes of $1.265 billion with U.S. Bank Trust Company, National Association at 0.375% maturing March 15, 2032.","evidence_excerpt":"On September 8, 2025, Lumentum Holdings Inc. (the “Company”) issued $1.265 billion in aggregate principal amount of its 0.375% Convertible Senior Notes due 2032 (the “Notes”) pursuant to an indenture (the “Indenture”), dated September 8, 2025, by and between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633978/000119312525198329/0001193125-25-198329-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1.265 billion"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"0.375%"},{"label":"Maturity","value":"March 15, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}