SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 2)
RedBack Networks Inc.
(Name of Issuer)
Common Stock, Par Value $0.0001 Per Share
(Title of Class of Securities)
757209101
(CUSIP Number)
Ursula Ranin
Nokia Corporation
Keilalahdentie 4
P.O. Box 226
FIN-00045 Nokia Group
Finland
Telephone: 011-358-9-180-71
(Name, Address and Telephone Number
of Person Authorized to Receive Notices and Communications)
Copy to :
Michael J. Coleman, Esq.
Shearman & Sterling
1080 Marsh Road
Menlo Park, California 94025
Telephone: (650) 838-3600
August 18, 2003
(Date of Event which requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss. 240.13d-1(e), ss. 240.13d-1(f) or ss. 240.13d-1(g),
check the following box: [ ]
CUSIP No. 757209101 13D Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Nokia Finance International B.V.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e): [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION:
The Netherlands
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7 SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 6,133,297 shares of common stock
EACH --------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH --------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,133,297 shares of common stock
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,133,297 shares of common stock
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS): [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.4%*
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14 TYPE OF REPORTING PERSON CO
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--------
* Based upon 182,858,615 shares of common stock of the Company outstanding as
of June 30, 2003, as reported in the Company's Form S-4 Registration
Statement filed with the SEC on August 6, 2003.
CUSIP No. 757209101 13D Page 3 of 6 pages
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1 Name of Reporting Person
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nokia Corporation
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e): [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION:
Republic of Finland
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 6,133,297 shares of common stock
EACH --------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH --------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,133,297 shares of common stock
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,133,297 shares of common stock
--------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS): [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.4%*
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON CO
--------------------------------------------------------------------------------
--------
* Based upon 182,858,615 shares of common stock of the Company outstanding as
of June 30, 2003, as reported in the Company's Form S-4 Registration
Statement filed with the SEC on August 6, 2003.
CUSIP No. 757209101 13D Page 4 of 6 pages
This Amendment No. 2 ("Amendment No. 2") amends the Statement
on Schedule 13D (as amended, the "Schedule 13D") filed with the Securities and
Exchange Commission on May 31, 2002(as amended by Amendment No. 1 filed on
August 18, 2003), by Nokia Finance International B.V., a private company with
limited liability incorporated under the laws of The Netherlands, and Nokia
Corporation, a corporation incorporated under the laws of the Republic of
Finland, with respect to shares of common stock, par value $0.0001 per share, of
Redback Networks Inc., a Delaware corporation (the "Company").
Capitalized terms used herein and not defined herein have the
meanings ascribed thereto in the Schedule 13D. Except as indicated herein, the
information set forth in the Schedule 13D remains unchanged.
Item 5. Interest in Securities of the Issuer
Based on the Company's Form S-4 Registration Statement filed
with the SEC on August 6, 2003, 182,858,615 shares of common stock of the
Company were outstanding as of June 30, 2003.
On August 18 and 19, 2003, NFI sold an aggregate of 7,590,000
shares of Common Stock in market transactions pursuant to Rule 144 of the
Securities Act. The following table sets forth for each such transaction (i) the
date of such transaction, (ii) the number of shares of Common Stock sold and
(iii) the sale price per share of Common Stock:
Number of Shares of Sale Price Per Share of
Date of Transaction: Common Stock Sold: Common Stock Sold:
-------------------- ------------------ ------------------
August 18, 2003 750,000 $0.3100
600,000 $0.3150
300,000 $0.3170
2,850,000 $0.3200
August 19, 2003 1,000,000 $0.3000
2,090,000 $0.3100
CUSIP No. 757209101 13D Page 5 of 6 pages
As of the date of the filing of this Amendment No. 2, after
giving effect to the transactions described above, the Reporting Persons
beneficially own 6,133,297 shares of Common Stock, representing approximately
3.4% of the outstanding Common Stock.
On August 19, 2003, each of the Reporting Persons ceased to be
the beneficial owner of more than five percent of the outstanding Common Stock.
CUSIP No. 757209101 13D Page 6 of 6 pages
SIGNATURE
After reasonable inquiry and to the best of their knowledge
and belief, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: August 19, 2003
NOKIA FINANCE INTERNATIONAL B.V.
By: /s/ Timo Ihamuotila
--------------------------------------
Name: Timo Ihamuotila
Title: Power Attorney
NOKIA CORPORATION
By: /s/ Timo Ihamuotila
--------------------------------------
Name: Timo Ihamuotila
Title: Vice President, Corporate
Treasurer