Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
_______________________

 
FORM 8-K

_______________________


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 
Date of report (Date of earliest event reported): September 9, 2011
 
 
The Interpublic Group of Companies, Inc.
(Exact Name of Registrant as Specified in Charter)
 Delaware
1-6686
13-1024020
(State or Other Jurisdiction
of Incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
     
1114 Avenue of the Americas, New York, New York
10036
(Address of Principal Executive Offices)
(Zip Code)
   
   
Registrant’s telephone number, including area code: 212-704-1200
(Former Name or Former Address, if Changed Since Last Report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 
 

Item 8.01
Other Events.

As a result of the cumulative effect of (1) the cash dividend on common stock declared by the Board of Directors of The Interpublic Group of Companies, Inc. (“IPG” or the “Company”) payable on September 23, 2011 to holders of record as of September 9, 2011, (2) the IPG common stock cash dividend paid on June 24, 2011, and (3) the IPG common stock cash dividend paid on March 25, 2011, the number of shares of IPG common stock into which the Company’s 5 ¼% Series B Cumulative Convertible Perpetual Preferred Stock (the “Series B Preferred Stock”) may be converted has been adjusted in accordance with the terms of the Series B Preferred Stock.
 
The applicable conversion rate for the Series B Preferred Stock has been adjusted as follows:
 
 
Former Conversion Rate
 
New Conversion Rate
Former Total Conversion Shares
New Total Conversion Shares
73.1904
74.4500
16,209,771
16,488,739
 
The conversion rate with respect to the Series B Preferred Stock is the number of IPG common shares into which each share of Series B Preferred Stock may be converted, which as adjusted represents a conversion price of approximately $13.43 per conversion share.
 
The conversion rates with respect to the Company’s 4.25% Convertible Senior Notes due 2023 and 4.75% Convertible Senior Notes due 2023 have not been adjusted since June 2011 because the applicable threshold before adjustment is required has not been reached.

 
 
 


 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
              THE INTERPUBLIC GROUP OF COMPANIES, INC.
Date: September 12,  2011
By:  
         /s/ Nicholas J. Camera                                          
         Nicholas J. Camera
     Senior Vice President, General Counsel and
     Secretary