Sec Form 13G Filing - Bpifrance Participations SA filing for STMICROELECTRONICS N.V. (STM) - 2024-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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  UNITED STATES  
  SECURITIES AND EXCHANGE
COMMISSION
 
  Washington, D.C. 20549  

 

SCHEDULE 13G 

 

Under the Securities Exchange Act of 1934
(Amendment No. 17)*

 

STMicroelectronics N.V.

(Name of Issuer)

 

Common Shares, nominal value €1.04 per share

(Title of Class of Securities)

 

861012102

(CUSIP Number)

 

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

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

o Rule 13d-1(b)
   
o Rule 13d-1(c)
   
x 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).

 

 

 

 

 

  1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STMicroelectronics Holding N.V.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) x
    (b) o
 
  3 SEC Use Only
 
  4 Citizenship or Place of Organization
The Netherlands
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5 Sole Voting Power
0
 
6 Shared Voting Power
250,704,754
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
250,704,754
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
250,704,754
 
  10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
  11 Percent of Class Represented by Amount in Row 9
27.8%
 
  12 Type of Reporting Person
HC
           

 

 

  1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bpifrance Participations S.A.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) x
    (b) o
 
  3 SEC Use Only
 
  4 Citizenship or Place of Organization
France
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5 Sole Voting Power
0
 
6 Shared Voting Power
250,704,754
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
250,704,754
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
250,704,754
 
  10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
  11 Percent of Class Represented by Amount in Row 9
27.8%
 
  12 Type of Reporting Person
CO
           

 

 

  1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ministero dell’Economia e delle Finanze
 
  2 Check the Appropriate Box if a Member of a Group
    (a) x
    (b) o
 
  3 SEC Use Only
 
  4 Citizenship or Place of Organization
Italy
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5 Sole Voting Power
0
 
6 Shared Voting Power
250,704,754
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
250,704,754
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
250,704,754
 
  10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
  11 Percent of Class Represented by Amount in Row 9
27.8
%
 
  12 Type of Reporting Person
CO
           

 

 

  1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Caisse des dépôts et consignations
 
  2 Check the Appropriate Box if a Member of a Group
    (a) x
    (b) o
 
  3 SEC Use Only
 
  4 Citizenship or Place of Organization
France
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5 Sole Voting Power
0
 
6 Shared Voting Power
254,380,285
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
254,380,285
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
254,380,285
 
  10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
  11 Percent of Class Represented by Amount in Row 9
28.2
%
 
  12 Type of Reporting Person
CO
           

 

 

  1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EPIC Bpifrance
 
  2 Check the Appropriate Box if a Member of a Group
    (a) x
    (b) o
 
  3 SEC Use Only
 
  4 Citizenship or Place of Organization
France
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5 Sole Voting Power
0
 
6 Shared Voting Power
250,704,754
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
250,704,754
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
250,704,754
 
  10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
  11 Percent of Class Represented by Amount in Row 9
27.8
%
 
  12 Type of Reporting Person
CO
           

 

 

  1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bpifrance S.A.
 
  2 Check the Appropriate Box if a Member of a Group
    (a) x
    (b) o
 
  3 SEC Use Only
 
  4 Citizenship or Place of Organization
France
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5 Sole Voting Power
0
 
6 Shared Voting Power
250,704,754
 
7 Sole Dispositive Power
0
 
8 Shared Dispositive Power
250,704,754
 
  9 Aggregate Amount Beneficially Owned by Each Reporting Person
250,704,754
 
  10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o
 
  11 Percent of Class Represented by Amount in Row 9
27.8%
 
  12 Type of Reporting Person
CO
           

 

 

Item 1 (a). Name of Issuer:
STMicroelectronics N.V. (the “Company”)
Item 1 (b).

Address of Issuer’s Principal Executive Offices:
WTC Schiphol Airport

Schiphol Boulevard 265

1118 BH Schiphol Airport

The Netherlands

Item 2 (a).

Name of Persons Filing:

(i)            STMicroelectronics Holding N.V. (“ST Holding”)

(ii)           Bpifrance Participations S.A. (“Bpifrance Participations”)

(iii)          Ministero dell’Economia e delle Finanze (“Ministry of the Economy and Finance”)

(iv)          Caisse des dépôts et consignations (“CDC”)

(v)           EPIC Bpifrance (“EPIC”)

(vi)          Bpifrance S.A. (“Bpifrance”)

Item 2 (b).

Address of Principal Business Office, or if none, Residence:

(i)            STMicroelectronics Holding N.V.

De Lairessestraat 145E

Amsterdam

1075 HJ

The Netherlands

 

(ii)            Bpifrance Participations S.A.

27-31 avenue Général Leclerc

94710 Maisons-Alfort Cedex

France 

 

(iii)          Ministero dell’Economia e delle Finanze

via XX Settembre, 97

00187 Rome

Italy

 

(iv)          Caisse des dépôts et consignations

56, rue de Lille

75007 Paris

France

 

(v)           EPIC Bpifrance

27-31 avenue Général Leclerc

94710 Maisons-Alfort Cedex

France 

 

(vi)          Bpifrance S.A.

27-31 avenue Général Leclerc

94710 Maisons-Alfort Cedex

France 

Item 2 (c).

Citizenship:
(i)          The Netherlands

 

(ii)         France

 

(iii)        Italy

 

(iv)        France

 

(v)         France

 

(vi)        France

Item 2 (d). Title of Class of Securities:
Common Shares, nominal value €1.04 per Share
Item 2 (e). CUSIP Number:
861012102

 

 

 

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:
   
  Not applicable.

Item 4(a).

Amount beneficially owned: 250,704,754 common shares held of record by ST Holding on the Company’s share registry.

 

ST Holding is jointly controlled by Bpifrance Participations and the Ministry of the Economy and Finance (see Exhibit 1 attached hereto).

 

Bpifrance may be deemed to be the beneficial owner of 250,704,754 common shares indirectly through its 99.99% ownership of Bpifrance Participations. EPIC may be deemed to be the beneficial owner of 250,704,754 common shares indirectly through its joint ownership and control of Bpifrance.

 

CDC may be deemed to be the beneficial owner of 3,675,531 common shares held indirectly through other subsidiaries and 250,704,754 common shares held indirectly through ST Holding.

Item 4(b).

Percent of class:

 

Ownership is stated as of December 31, 2023 and the ownership percentages are based on 902,771,081 shares outstanding as of December 31, 2023, as disclosed by STMicroelectronics N.V. in its Form 6-K filed on January 25, 2024.

Item 4(c).

Number of shares as to which such person has:

 

Please see Items 5, 6, 7, 8, 9 and 11 of each cover sheet for each filing entity.

Item 5. Ownership of Five Percent or Less of a Class:
  Item 5 is not applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person:
  Item 6 is 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:
  Item 7 is not applicable.
Item 8. Identification and Classification of Members of a Group:
  For the identity of each member of the Group and a description of the relevant shareholders’ agreement, see Exhibit 1 attached hereto. See also Item 4 above.
Item 9. Notice of Dissolution of Group:
  Item 9 is not applicable.
Item 10. Certification:
  Item 10 is not applicable.

 

 

 

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:  February 14, 2024 STMicroelectronics Holding N.V.
     
     
  By: /s/ Charlotte Fadlallah
  Name: Charlotte Fadlallah
  Title: Managing Director
     
     
  Bpifrance Participations S.A.
     
     
  By: /s/ Sophie Paquin
  Name: Sophie Paquin
  Title: Director of Legal Affairs
     
     
  Ministero dell’Economia e delle Finanze
     
     
  By: /s/ Marcello Sala
  Name: Marcello Sala
  Title: Director general of the Department of the Economy
     
     
  Caisse des dépôts et consignations
     
     
  By: /s/ Laurence Giraudon
  Name: Laurence Giraudon
  Title: Chief Operating Officer, Finance and Operations Department, Asset Management Division
     
     
  EPIC Bpifrance
     
     
  By: /s/ Sophie Paquin
  Name: Sophie Paquin
  Title: Director of Legal Affairs
     
     
  Bpifrance S.A.
     
     
  By: /s/ Boubakar Dione
  Name: Boubakar Dione
  Title: Group Director of Legal Affairs