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) August 11, 2003
Registrant, State of
Incorporation, Address of
Commission File Principal Executive Offices I.R.S. employer
Number and Telephone Number Identification Number
1-08788 SIERRA PACIFIC RESOURCES 88-0198358
P.O. Box 10100
(6100 Neil Road)
Reno, Nevada 89520-0400 (89511)
(775) 834-4011
2-28348 NEVADA POWER COMPANY 88-0420104
6226 West Sahara Avenue
Las Vegas, Nevada 89146
(702) 367-5000
0-00508 SIERRA PACIFIC POWER COMPANY 88-0044418
P.O. Box 10100
(6100 Neil Road)
Reno, Nevada 89520-0400 (89511)
(775) 834-4011
None
- --------------------------------------------------------------------------------
(Former name, former address and former fiscal year, if changed since last
report)
ITEM 5. OTHER EVENTS
On August 11, 2003, Sierra Pacific Resources ("SPR"), the parent
corporation of Nevada Power Company and Sierra Pacific Power Company, held a
special meeting of its shareholders at which it received shareholder approval to
issue up to 42,736,920 additional shares of SPR's common stock in lieu of the
cash payment component of the conversion price of SPR's 7.25% Convertible Notes
due 2010 (the "Notes"). SPR issued the Notes on February 14, 2003. The holders
of the Notes are entitled to receive, for each $1,000 principal amount of Notes
surrendered for conversion, (i) 76.7073 shares of SPR's common stock, and (ii)
an amount of cash equal to the market value of 142.4564 shares of SPR's common
stock at the time of conversion (the "cash payment component"), based on the
average closing price of SPR's common stock over five consecutive trading days.
As a result of receiving shareholder approval, SPR has the option of issuing
shares of its common stock in lieu of the cash payment component of the
conversion price of the Notes.
SPR issued a press release announcing the results of the special
shareholder vote. A copy of the press release, dated August 11, 2003, is
attached as Exhibit 99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
Not required
(b) Pro forma financial information.
Not required
(c) Exhibit.
99.1 Sierra Pacific Resources - Press Release issued August 11, 2003
SIGNATURE
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 thereunto duly authorized.
SIERRA PACIFIC RESOURCES
(Registrant)
Date: August 12, 2003 By: /s/ Richard K. Atkinson
--------------- ---------------------------------
Richard K. Atkinson
Vice President and Chief
Financial Officer
NEVADA POWER COMPANY
(Registrant)
Date: August 12, 2003 By: /s/ Richard K. Atkinson
--------------- ---------------------------------
Richard K. Atkinson
Vice President and Chief
Financial Officer
SIERRA PACIFIC POWER COMPANY
(Registrant)
Date: August 12, 2003 By: /s/ Richard K. Atkinson
--------------- ---------------------------------
Richard K. Atkinson
Vice President and Chief
Financial Officer
EXHIBIT INDEX
Exhibit 99.1
Sierra Pacific Resources- Press Release issued August 11, 2003.