CUSIP No. 92718N109 | SCHEDULE 13D | Page 12 of 17 |
ITEM 1. | SECURITY AND ISSUER. |
This Amendment No. 4 to Schedule 13D is filed by the undersigned to amend and supplement the Schedule 13D, dated as of December 1, 2005 and previously amended as of December 19, 2005, as of March 14, 2013 and as of December 19, 2013 (as so amended, the “Schedule 13D”), with respect to the ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), of Vimicro International Corporation, a Cayman Islands corporation (the “Company”), and the American depositary shares (the “ADSs”) representing Ordinary Shares of the Company. Every one ADS represents four Ordinary Shares.
This Amendment No. 4 is being filed to report the fact that as of January 15, 2014, the Reporting Persons have ceased to be the beneficial owner of more than 5 percent of the Ordinary Shares (including ADSs) of the Company.
The address of the principal executive office of the Company is 15/F Shining Tower, No. 35 Xueyuan Road, Haidian District, Beijing 100191, People's Republic of China.
ITEM 2. | IDENTITY AND BACKGROUND. |
No material change.
CUSIP No. 92718N109 | SCHEDULE 13D | Page 13 of 17 |
ITEM 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. |
No material change.
ITEM 4. | PURPOSE OF TRANSACTION. |
Item 4 is supplemented hereby with the following:
On January 15, 2014, GAP LP, GAP-W, GapStar, GAPCO III, GAPCO IV and KG (collectively, the “Record Holders”) sold to the Company, in the aggregate, (a) 9,265,891 Ordinary Shares at a price of $0.4925 per Ordinary Share and (b) 500,466 ADSs at a price of $1.97 per ADS, in a private transaction pursuant to the Company Purchase and Sale Agreement, dated December 18, 2013 among the Record Holders and the Company, previously filed herein as Exhibit 99.5.
Following the sale described in the immediately preceding paragraph, the Reporting Persons own no shares (Ordinary Shares or ADSs) in the Company.
The Company Purchase and Sale Agreement was previously filed herewith as Exhibit 99.5, and the foregoing summary is qualified in its entirety by the terms thereof.
ITEM 5. | INTEREST IN SECURITIES OF THE ISSUER. |
Item 5 is hereby amended and restated as follows.
CUSIP No. 92718N109 | SCHEDULE 13D | Page 14 of 17 |
(a)