03/25/2026 | Press release | Distributed by Public on 03/25/2026 14:43
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE TO
(Amendment No. 2)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Getty Images Holdings, Inc.
(Name of Subject Company (Issuer) and Filing Person (as Offeror))
__________________________
Options to Purchase Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
N/A
(CUSIP Number of Class of Securities)
Kjelti Kellough, Esq.
Senior Vice President, General Counsel, and Corporate Secretary
605 5th Ave S., Suite 400
Seattle, Washington 98104
(206) 925-5000
(Name, address, and telephone numbers of person authorized to receive notices and
communications on behalf of filing persons)
__________________________
Copies of communications to:
Todd E. Freed, Esq.
Jon A. Hlafter, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
One Manhattan West
395 9th Avenue
New York, New York 10001
(212) 735-3000
__________________________
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Check the box if the filing relates solely to preliminary communications before the commencement of a tender offer. |
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Check the appropriate boxes below to designate any transactions to which the statement relates: |
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third-party tender offer subject to Rule 14d-1. |
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issuer tender offer subject to Rule 13e-4. |
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going-private transaction subject to Rule 13e-3. |
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amendment to Schedule 13D under Rule 13d-2. |
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Check the following box if the filing is a final amendment reporting the results of the tender offer: ☐ |
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If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon: |
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13e-4(i) (Cross-Border Issuer Tender Offer) |
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Rule 14d-1(d) (Cross-Border Third-Party Tender Offer) |
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Explanatory Note
This Amendment No. 2 to the Tender Offer Statement on Schedule TO (this "Amendment No. 2") amends and supplements the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission on March 2, 2026 (as amended, the "Schedule TO"), by Getty Images Holdings, Inc., a Delaware corporation (the "Company"), relating to its offer to exchange (the "Exchange Offer") certain outstanding stock options for new options on the terms and conditions described in the Offer to Exchange Eligible Options, dated March 2, 2026 (the "Offer to Exchange"). This Amendment No. 2 should be read in conjunction with the Schedule TO and the Offer to Exchange. Capitalized terms used herein and not defined herein have the meanings given to them in the Offer to Exchange.
This Amendment No. 2 is being filed to amend and supplement the Offer to Exchange as described in Item 4 below. The information in the Schedule TO, including all schedules and annexes to the Schedule TO that were previously filed with the Schedule TO, is incorporated herein by reference to answer the items required in this Amendment No. 2, except that such information is hereby amended and supplemented to the extent specifically provided in this Amendment No. 2.
Item 4. Terms of the Transaction.
The Offer to Purchase and Item 4 of the Schedule TO is hereby amended and supplemented as follows:
Section 1. Eligible Participants; Eligible Options; the Proposed Exchange; Expiration and Extension of the Exchange Offer.
In accordance with the Offer to Exchange, each of the Eligible Optionholders has or will receive notice, as of the date of this Amendment No. 2, of the exchange ratios applicable to such Eligible Optionholder's Eligible Options.
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An illustrative range of the exchange ratios applicable to the Eligible Options as of the date of this Amendment No. 2 is as follows:
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Eligible Option Grant Date: |
Eligible Option Exercise Price: |
Exchange Ratio (Number of |
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8/11/2016 |
$3.52 |
4,906.11 - to - 1 |
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2/26/2017 |
$3.13 |
57.03 - to - 1 |
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3/1/2017 |
$3.13 |
52.32 - to - 1 |
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3/1/2017 |
$7.82 |
1,020.46 - to - 1 |
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8/2/2017 |
$2.35 |
14.68 - to - 1 |
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12/11/2017 |
$1.96 |
7.25 - to - 1 |
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2/7/2018 |
$1.96 |
6.4 - to - 1 |
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6/5/2018 |
$2.70 |
8.01 - to - 1 |
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4/10/2019 |
$2.74 |
4.96 - to - 1 |
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7/1/2019 |
$2.74 |
4.48 - to - 1 |
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10/1/2019 |
$2.74 |
4.05 - to - 1 |
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1/1/2020 |
$2.74 |
3.71 - to - 1 |
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4/1/2020 |
$2.35 |
3.03 - to - 1 |
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4/22/2020 |
$2.35 |
2.99 - to - 1 |
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10/1/2020 |
$2.35 |
2.66 - to - 1 |
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1/1/2021 |
$2.74 |
2.79 - to - 1 |
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4/1/2021 |
$3.33 |
3.02 - to - 1 |
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7/1/2021 |
$3.33 |
2.84 - to - 1 |
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10/13/2022 |
$6.18 |
2.23 - to - 1 |
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3/16/2023 |
$4.90 |
1.91 - to - 1 |
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3/16/2023 |
$6.00 |
2.01 - to - 1 |
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3/16/2023 |
$8.00 |
2.19 - to - 1 |
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3/16/2023 |
$10.00 |
2.35 - to - 1 |
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3/29/2023 |
$4.87 |
1.89 - to - 1 |
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3/31/2023 |
$5.09 |
1.91 - to - 1 |
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12/5/2023 |
$5.16 |
1.7 - to - 1 |
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SIGNATURES
After due 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.
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Date: March 25, 2026 |
GETTY IMAGES HOLDINGS, INC. |
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By: |
/s/ Kjelti Kellough |
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Kjelti Kellough |
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