SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

McAfee Corp.

(Name of Issuer)

Class A common stock, $0.001 par value per share

(Title of Class of Securities)

579063 108

(CUSIP Number)

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 579063 108       Page 2 of 7

 

  1.    

  Names of Reporting Persons

  I.R.S. Identification No. of Above Persons (Entities Only)

 

  Intel Americas, Inc.

  77-0521945

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☒        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5.     

  Sole Voting Power

 

  5,696,831 (1)

   6.   

  Shared Voting Power

 

  0

   7.   

  Sole Dispositive Power

 

  5,696,831 (1)

   8.   

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,696,831 (1)

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)*

 

  3.6% (2)

12.  

  Type of Reporting Person (See Instructions)

 

  CO

 

(1)

Intel Americas, Inc. directly holds and beneficially owns 5,696,831 shares of Class A common stock of McAfee Corp. (the “Issuer”). Intel Corporation may be deemed to beneficially own these securities due to its ownership of Intel Americas, Inc.

(2)

The calculation is based upon 157,324,990 shares of Class A common stock of the Issuer outstanding as of November 12, 2020 as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer with the Securities and Exchange Commission on November 19, 2020.

*

See Item 4 below.


CUSIP No. 579063 108       Page 3 of 7

 

  1.    

  Names of Reporting Persons

  I.R.S. Identification No. of Above Persons (Entities Only)

 

  Intel Corporation

  94-1672743

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☒        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5.     

  Sole Voting Power

 

  5,696,831 (1)

   6.   

  Shared Voting Power

 

  0

   7.   

  Sole Dispositive Power

 

  5,696,831 (1)

   8.   

  Shared Dispositive Power

 

  0

  9.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  5,696,831 (1)

10.  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

  ☐

11.  

  Percent of Class Represented by Amount in Row (9)*

 

  3.6% (2)

12.  

  Type of Reporting Person (See Instructions)

 

  CO

 

(1)

Intel Americas, Inc. directly holds and beneficially owns 5,696,831 shares of Class A common stock of the Issuer. Intel Corporation may be deemed to beneficially own these securities due to its ownership of Intel Americas, Inc.

(2)

The calculation is based upon 157,324,990 shares of Class A common stock of the Issuer outstanding as of November 12, 2020 as disclosed in the Quarterly Report on Form 10-Q filed by the Issuer with the Securities and Exchange Commission on November 19, 2020.

*

See Item 4 below.


CUSIP No. 579063 108       Page 4 of 7

 

Item 1.

 

  (a)

Name of Issuer

 

    

McAfee Corp.

 

  (b)

Address of Issuer’s Principal Executive Offices

 

    

6220 America Center Drive

    

San Jose, CA 95002

 

Item 2.

 

  (a)

Name of Person(s) Filing

 

    

This statement is being filed jointly pursuant to §240.13d-1(k)(1) on behalf of each of the following persons (collectively, the “Reporting Persons”):

 

    

1. Intel Americas, Inc.

 

    

2. Intel Corporation

 

  (b)

Address of Principal Business Office or, if none, Residence

 

    

The principal business address of each of the Reporting Persons is as follows:

 

    

2200 Mission College Boulevard

    

Santa Clara, California 95054-1549

 

  (c)

Citizenship

 

    

See responses to Item 4 on each cover page.

 

  (d)

Title of Class of Securities

 

    

Class A common stock, $0.001 par value per share

 

  (e)

CUSIP Number

 

    

579063 108

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)      Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)      Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)      Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)      Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)      An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
(f)      An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
(g)      A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).
(h)      A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i)      A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j)      Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).
(k)      Group, in accordance with §240.13d-1(b)(1)(ii)(K).

Not applicable.


CUSIP No. 579063 108       Page 5 of 7

 

Item 4.

Ownership

 

(a)

Amount beneficially owned:

See responses to Item 9 on each cover page.

 

(b)

Percent of class:

See responses to Item 11 on each cover page.

 

(c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote:

See responses to Item 5 on each cover page.

 

  (ii)

Shared power to vote or to direct the vote:

See responses to Item 6 on each cover page.

 

  (iii)

Sole power to dispose or to direct the disposition of:

See responses to Item 7 on each cover page.

 

  (iv)

Shared power to dispose or to direct the disposition of:

See responses to Item 8 on each cover page.

 

Item 5.

Ownership of Five Percent or Less of a Class

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

See Annex A.

 

Item 9.

Notice of Dissolution of Group

Not applicable.

 

Item 10.

Certification

Not applicable.


CUSIP No. 579063 108       Page 6 of 7

 

ANNEX A

Intel Americas, Inc. has entered into a Stockholders Agreement (the “Stockholders Agreement”), dated as of October 21, 2020, with the Issuer and each of the stockholders of the Issuer listed below (the “Holders”) which, among other things, provides for coordination of the voting of securities of the Issuer by the Holders. By virtue of the Stockholders Agreement and the obligations and rights thereunder, the Reporting Persons may be deemed members of a “group” (as such term is used under Section 13(d) of the Securities Exchange Act of 1934, as amended) with the Holders. The Reporting Persons expressly disclaim beneficial ownership over any shares of Class A common stock of the Issuer that they may be deemed to beneficially own solely by reason of the Stockholders Agreement. Certain Holders may be separately making Schedule 13G filings reporting their beneficial ownership of shares of Class A common stock of the Issuer.

List of Holders

Intel Americas, Inc.

VII Manta Blocker Co-Invest I, L.P.

TPG VII Manta AIV I, L.P.

TPG VII Side-by-Side Separate Account I, L.P.

TPG VII Manta AIV Co-Invest, L.P.

TPG VII Manta Holdings II, L.P.

Thoma Bravo Partners XII AIV, L.P.

Thoma Bravo Fund XII-A AIV, L.P.

Thoma Bravo Fund XII AIV, L.P.

Thoma Executive Fund XII AIV, L.P.

Thoma Bravo Executive Fund XII-a AIV, L.P.

Snowlake Investment Pte Ltd.


CUSIP No. 579063 108       Page 7 of 7

 

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated as of February 11, 2021

 

INTEL CORPORATION

By:   /s/ Susie Giordano
Name:   Susie Giordano
Title:   Corporate Vice President and Corporate Secretary

INTEL AMERICAS, INC.

By:   /s/ Tiffany D. Silva
Name:   Tiffany D. Silva
Title:   Corporate Secretary

Exhibit Index

 

Exhibit 1    Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Act.
Exhibit 2    Intel Corporation Power of Attorney
EX-1

EXHIBIT 1

AGREEMENT OF JOINT FILING

This joint filing agreement (this “Agreement”) is made and entered into as of this 10th day of February 2021, by and between Intel Corporation and Intel Americas, Inc.

The parties to this Agreement hereby acknowledge and agree that the foregoing statement on Schedule 13G in respect of the shares of Class A common stock of McAfee Corp., is filed on behalf of each of the parties to this Agreement and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The parties to this Agreement acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein or therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

This agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first set forth above.

Dated: February 10, 2021

 

INTEL CORPORATION

By:

  /s/ Susie Giordano

Name:

  Susie Giordano

Title:

  Corporate Vice President and Corporate Secretary

 

INTEL AMERICAS, INC.

By:

  /s/ Tiffany D. Silva

Name:

  Tiffany D. Silva

Title:

  Corporate Secretary
EX-2

EXHIBIT 2

INTEL CORPORATION

POWER OF ATTORNEY

The undersigned hereby constitutes and appoints Susie Giordano and Allon Stabinsky, and with full power of substitution, the undersigned’s true and lawful attorney-in-fact with full power to execute and file with the Securities and Exchange Commission and any stock exchange or similar authority, any report required to be filed pursuant to Section 13 of the Securities Exchange Act of 1934 (as amended, the “Act”), with respect to securities which may be deemed to be beneficially owned by the Company under the Act, giving and granting unto said attorney-in-fact the power and authority to act in the premises as fully and to all intents and purposes as the Company might or could do if personally present by one of its authorized signatories, hereby ratifying and confirming all that said attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

This Power of Attorney shall remain in full force and effect until either revoked in writing by the undersigned or until such time as the person to whom power of attorney has been hereby granted ceases to be an employee of Intel Corporation.

The undersigned has caused this Power of Attorney to be executed as of February 12, 2019.

 

INTEL CORPORATION
By:   /s/ Robert H. Swan
  Robert H. Swan
  Chief Executive Officer