SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
SCHEDULE TO
(Rule 14d-100)
Tender Offer Statement under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
Ford Motor Company
(Name of Subject Company (Issuer) and Filing Person (Offeror))
4.25% SENIOR CONVERTIBLE NOTES DUE DECEMBER 15, 2036
(Title of Class of Securities)
 
345370CF5
(CUSIP Number of Class of Securities)
Peter J. Sherry, Jr., Esq.
Associate General Counsel and Secretary
Ford Motor Company
One American Road
Dearborn, Michigan 48126
(313) 322-3000
(Name, address and telephone number of person authorized to receive notices and communications on behalf of filing person)
Copies to:
Michael Kaplan, Esq.
Davis Polk & Wardwell
450 Lexington Avenue
New York, NY 10017
(212) 450-4000
  
Lisa L. Jacobs, Esq.
Shearman & Sterling LLP
599 Lexington Avenue
New York, NY 1002
(212) 848-4000
 
CALCULATION OF FILING FEE
Transaction Valuation*
  
Amount of Filing Fee**
$1,109,967,726
  
$43,621.74
 
 
 
*
Estimated solely for purpose of calculating the Filing Fee pursuant to Rule 0-11 under the Securities Exchange Act of 1934. Calculated by multiplying (i) $22.73, the average of the bid and asked price per $100 principal amount of the 4.25% Senior Convertible Notes due December 15, 2036 in secondary market transactions on February 27, 2009, and (ii) the quotient of (x) $4,883,272,000, the aggregate principal amount at maturity of convertible notes which are sought for exchange, and (y) $100.
   
**
The amount of Filing Fee is calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended, by multiplying the Transaction Valuation by .0000393.
   
o
Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
   
 
Amount Previously Paid:
Form or Registration No.:
Filing Party:
Date Filed:
   
o
Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
 
Check the appropriate boxes below to designate any transactions to which the statement relates:
   
o
third-party tender offer subject to Rule 14d-1
   
x
issuer tender offer subject to Rule 13e-4
   
o
going-private transaction subject to Rule 13e-3
   
o
amendment to Schedule 13D under Rule 13d-2
 
Check the following box if the filing is a final amendment reporting the results of the tender offer:   o
 
 
 
 
INTRODUCTORY STATEMENT
 
This Issuer Tender Offer Statement on Schedule TO (this “Schedule TO”) is being filed by Ford Motor Company, a Delaware corporation (“Ford”), pursuant to Section 13(e)-4 of the Securities Exchange Act of 1934, as amended, in connection with an offer (the “Exchange Offer”) by Ford to exchange, for each $1,000 principal amount of the Company’s 4.25% Senior Convertible Notes due December 15, 2036 (the “Convertible Notes”):  (i) 108.6957 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”); (ii) $80.00 in cash; and (iii) accrued and unpaid interest to, but excluding, the Exchange Date (as defined below), which is expected to be approximately $13.34, payable in cash. Ford is seeking to exchange any and all outstanding Convertible Notes in the Exchange Offer.
 
The Exchange Offer shall commence on March 4, 2009 and shall expire at 9:00 a.m., New York City time, on April 3, 2009 (the “Exchange Date”), unless extended or earlier terminated by the Company.
 
The Exchange Offer is made upon the terms and subject to the conditions described in the offering circular (the “Offering Circular”) dated March 4, 2009, and the accompanying Letter of Transmittal. The Offering Circular and the accompanying Letter of Transmittal are filed as exhibits (a)(1)(i) and (a)(1)(ii), respectively, hereto.
 
This Schedule TO is being filed in satisfaction of the reporting requirements of Rules 13e-4(b)(1) and (c)(2) promulgated under the Securities Exchange Act of 1934, as amended.
 
Information set forth in the Offering Circular is incorporated by reference in response to Items 1 through 13 of this Schedule TO, except those items as to which information is specifically provided herein.
 
Item 1.  Summary Term Sheet.
 
The information set forth in the Offering Circular in the sections entitled “Questions and Answers about the Exchange Offer” and “Summary” is incorporated herein by reference.
 
Item 2.  Subject Company Information.
 
(a) The name of the subject company is Ford Motor Company. The address of the Company’s principal executive offices is One American Road, Dearborn, Michigan 48126. The Company’s telephone number is (313) 322-3000.
 
(b) The subject class of securities is the Company’s 4.25% Senior Convertible Notes due December 15, 2036. As of February 27, 2009, $4.88 billion aggregate principal amount of Convertible Notes was outstanding.
 
(c) The Convertible Notes are not listed on any national securities exchange. To the knowledge of the Company, there is no established trading market for the Convertible Notes except for limited or sporadic quotations.
 
Item 3.  Identity and Background of Filing Person.
 
(a) The principal executive offices of the filing person, Ford Motor Company, are located at One American Road, Dearborn, Michigan 48126, and the telephone number at that address is (313) 322-3000.
 
As required by General Instruction C to Schedule TO, the following persons are the directors and executive officers of Ford. No single person or group of persons controls Ford.
 
 
 
 
Name
  
 
Position
Stephen G. Butler
  
Director
Kimberly A. Casiano
  
Director
Edsel B. Ford II
  
Director
William Clay Ford, Jr.
  
Director and Executive Chairman and Chairman of the Board
Irvine O. Hockaday, Jr. 
  
Director
Richard A. Manoogian  
  
Director
Ellen R. Marram  
  
Director
Homer A. Neal 
  
Director
Gerald L. Shaheen  
  
Director
John L. Thornton 
  
Director
Alan Mulally
  
Director, President and Chief Executive Officer
Michael E. Bannister 
  
Executive Vice President – Chairman and Chief Executive Officer, Ford Motor Credit Company
Lewis W. K. Booth 
  
Executive Vice President and Chief Financial Officer
Mark Fields 
  
Executive Vice President – President, The Americas
John Fleming 
  
Executive Vice President – Chairman, Ford Europe and Volvo
John G. Parker
  
Executive Vice President – Asia Pacific Africa
Tony Brown  
  
Group Vice President – Purchasing
Mei-Wei Cheng   
  
Group Vice President – Executive Chairman, Ford Motor Company China
Sue Cischke   
  
Group Vice President – Sustainability, Environment and Safety Engineering
James D. Farley  
  
Group Vice President – Sales, Marketing and Communications
Felicia Fields  
  
Group Vice President – Human Resources and Corporate Services
Bennie Fowler 
  
Group Vice President – Quality
Joseph R. Hinrichs
  
Group Vice President – Manufacturing
Derrick M. Kuzak 
  
Group Vice President – Product Development
David G. Leitch
  
Group Vice President and General Counsel
J C. Mays     
  
Group Vice President – Design and Chief Creative Officer
Ziad S. Ojakli  
  
Group Vice President – Government and Community Relations
Nick Smither    
  
Group Vice President – Information Technology
Peter J. Daniel  
  
Senior Vice President and Controller
 
The address and telephone number of each director and executive officer is: c/o Ford Motor Company, One American Road, Dearborn, Michigan 48126, and such person’s telephone number is (313) 322-3000.
 
 
2
 
 
Item 4.  Terms of the Transaction.
 
(a) The information set forth in the Offering Circular in the sections entitled “Summary,” “Questions and Answers About the Exchange Offer,” “Terms of the Exchange Offer,” “Description of Ford Capital Stock,” “Comparison of Rights of Holders of Convertible Notes and Holders of Ford Common Stock” and “Material U.S. Federal Income Tax Considerations” is incorporated herein by reference.
 
(b) To Ford’s knowledge based on reasonable inquiry, no convertible notes are owned by any officer, director or affiliate of Ford.
 
Item 5.  Past Contacts, Transactions, Negotiations and Agreements.
 
(e) William Clay Ford, Jr., Ford’s Chairman of the Board of Directors and Executive Chairman, and Edsel B. Ford, a director of Ford, are among the trustees of a Voting Trust related to the Class B Stock of Ford. They also own shares of Class B Stock held in the Voting Trust. The Voting Trust requires the trustees to vote the shares in the Voting Trust as directed by a plurality of the shares in the Voting Trust.
 
The information set forth in the Offering Circular in the sections entitled “Terms of The Exchange Offer,” “Information Agent,” “Exchange Agent” and “Interests of Directors and Officers,” and in the related Letter of Transmittal, is incorporated herein by reference in response to this item.
 
Item 6.  Purposes of the Transaction and Plans or Proposals.
 
(a) The information set forth in the Offering Circular in the sections entitled “Summary—Purpose of the Exchange Offer,” “Summary—Description of the Transactions,” “Questions and Answers About the Exchange Offer—Why is Ford making the exchange offer?” and “Terms of The Exchange Offer—Purpose and Background of the Exchange Offer” is incorporated herein by reference.
 
(b) The Convertible Notes acquired pursuant to the Exchange Offer will be cancelled by the Company.
 
(c) The information set forth in the Offering Circular in the sections entitled “Summary—Description of the Transactions” and “Capitalization of Ford” is incorporated herein by reference.
 
Item 7.  Source and Amount of Funds or Other Consideration.
 
(a)  The information set forth in the Offering Circular in the sections entitled “Summary—Sources of Payment of the Exchange Offer Consideration,” “Questions and Answers About the Exchange Offer—How will Ford fund the cash portion of the exchange offer consideration?,” “Information Agent” and “Exchange Agent” is incorporated herein by reference.
 
(b)  Not applicable.
 
(d)  Not applicable.
 
Item 8.  Interest in the Securities of the Subject Company.
 
(a)  The information set forth in the Offering Circular in the section entitled “Interests of Directors and Executive Officers” is incorporated by reference herein.
 
(b)  The information set forth in the Offering Circular in the section entitled “Interests of Directors and Executive Officers” is incorporated by reference herein.
 
 
3
 
 
Item 9.  Persons/Assets, Retained, Employed, Compensated or Used.
 
(a)  The information set forth in the Offering Circular in the sections entitled “Information Agent” and “Exchange Agent” is incorporated herein by reference. None of the Company, the information agent or the exchange agent is making any recommendation as to whether holders of Convertible Notes should tender such Convertible Notes for exchange in the Exchange Offer.
 
Item 10.  Financial Statements.
 
(a)  The information set forth in the Offering Circular in the sections entitled “Available Information,” and “Selected Consolidated Financial and Operating Data” is incorporated herein by reference. The information, including the financial statements, set forth under Item 8, Financial Statements and Supplementary Data in Ford’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008 is incorporated herein by reference and can also be accessed electronically on the Securities and Exchange Commission’s website at http://www.sec.gov.
 
(b)  The information set forth in the Offering Circular in the sections entitled “Capitalization of Ford” and “Selected Consolidated Financial and Operating Data” is incorporated herein by reference.
 
Item 11.  Additional Information.
 
(a)  The information set forth in the Offering Circular in the section entitled “Terms of the Exchange Offer—Conditions to the Exchange Offer” is incorporated herein by reference.
 
(b)  Not applicable.
 
Item 12.  Exhibits.
 
The following are attached as exhibits to this Schedule TO:
 
(a)(1)(i)
  
Offering Circular, dated March 4, 2009.
(a)(1)(ii)
  
Form of Letter of Transmittal.
(a)(1)(iii)
  
Form of Letter to DTC Participants.
(a)(1)(iv)
  
Form of Letter to Clients for use by brokers, dealers, commercial banks, trust companies and other nominees.
(a)(5)
  
Press Release, dated March 4, 2009 (incorporated herein by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 4, 2009).
(b)
  
None.
(d)
  
None.
(g)
  
None.
(h)
  
None.

 
Item 13.  Information Required by Schedule 13E-3.
 
(a)  Not applicable.
 
 
4
 
 
SIGNATURE
 
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.
 
 
FORD MOTOR COMPANY
  
       
By: /s/ Neil M. Schloss   
  Name: Neil M. Schloss  
  Title: Vice President and Treasurer   
 

 
 
Date: March 4, 2009

 
 
 
EXHIBIT INDEX
 
Exhibit Number
  
Description
     
(a)(1)(i)
  
Offering Circular, dated March 4, 2009.
(a)(1)(ii)
  
Form of Letter of Transmittal.
(a)(1)(iii)
  
Form of Letter to DTC Participants.
(a)(1)(iv)
  
Form of Letter to Clients for use by brokers, dealers, commercial banks, trust companies and other nominees.
(a)(5)
  
Press Release, dated March 4, 2009 (incorporated herein by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 4, 2009).
(b)
  
None.
(d)
  
None.
(g)
  
None.
(h)
  
None.