================================================================================ 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): JUNE 30, 1999 MCLEODUSA INCORPORATED (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE 0-20763 42-1407240 (STATE OR OTHER COMMISSION (IRS EMPLOYER JURISDICTION FILE NUMBER) IDENTIFICATION OF INCORPORATION) NUMBER) MCLEODUSA TECHNOLOGY PARK 6400 C STREET, S.W., P.O. BOX 3177, CEDAR RAPIDS, IA 52406-3177 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (319) 364-0000 ================================================================================ INFORMATION TO BE INCLUDED IN THE REPORT ITEM 5. OTHER EVENTS McLeodUSA Incorporated (the "Company") announced on June 30, 1999 that its Board of Directors had declared a two-for-one stock split to be effected in the form of a stock dividend. The record date for the stock split will be July 12, 1999. Stockholders of record at the market close on that date will receive one additional share of the Company's Class A common stock, $.01 par value per share, for each share held. Distribution of the additional shares will take place on July 26, 1999. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 99.1 Press Release, dated June 30, 1999, announcing the Board of Directors of McLeodUSA Incorporated had declared a two-for-one stock split to be effected in the form of a stock dividend. 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. McLeodUSA Incorporated Date: July 2, 1999 By: /s/ Randall Rings ------------ -------------------------------- Randall Rings Vice President, Secretary and General Counsel EXHIBIT INDEX ------------- PAGE NUMBER IN SEQUENTIAL EXHIBIT NUMBERING NUMBER EXHIBIT SYSTEM - ------ ------- ------ 99.1 Press Release, dated June 30, 1999, announcing a two-for-one stock split to be effected in the form of a stock dividend.