This Amendment No. 3 to
Schedule 14D-9 (this Amendment) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 previously
filed with the Securities and Exchange Commission (the SEC) on November 15, 2022 (together with the Exhibits or Annexes thereto and as amended or supplemented from time to time, the Schedule 14D-9) by ABIOMED, Inc., a Delaware corporation (the Company). The Schedule 14D-9 relates to the tender offer by Athos Merger
Sub, Inc., a Delaware corporation (Merger Sub) and a wholly owned subsidiary of Johnson & Johnson, a New Jersey corporation (Parent), disclosed in the Tender Offer Statement on Schedule TO (together
with the Exhibits or Annexes thereto and as amended or supplemented from time to time, the Schedule TO), filed by Merger Sub and Parent with the SEC on November 15, 2022, to purchase all of the outstanding shares of
common stock, par value $0.01 per share (the Shares), of the Company at a price per Share of (i) $380.00 per Share, net to the seller in cash, without interest and less any required withholding taxes (the Cash
Amount), plus (ii) one non-tradeable contractual contingent value right per Share (each, a CVR), which CVR represents the right to receive contingent payments of up to $35.00
per Share, in cash, without interest and less any required withholding taxes, in the aggregate, upon the achievement of specified milestones, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated November 15,
2022, and in the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the Offer).
Capitalized terms used but not otherwise defined in this Amendment shall have the meanings ascribed to them in the Schedule 14D-9. The information set forth in the Schedule 14D-9 remains unchanged and is incorporated herein by reference, except that such information is
hereby amended or supplemented to the extent specifically provided herein.
Item 8. Additional Information
Item 8 (Additional Information) is hereby amended and supplemented as follows:
The first paragraph under the section Regulatory Approvals Antitrust Compliance German Antitrust Laws is hereby
amended as follows:
The Act Against Restraint of Competition requires Parent to file a notification with the Federal Cartel
Office (FCO) and provides that the acquisition of Shares pursuant to the Offer may not be consummated unless the FCO notified Parent within one month of submission of the complete notification that the conditions for a prohibition
of the concentration are not satisfied or a one-month waiting period from the submission of the complete notification has expired without the FCO initiating
an in-depth investigation. Parent filed a notification with the FCO on November 18, 2022. In the event of
an in-depth investigation, the acquisition of Shares pursuant to the Offer may not be consummated unless the FCO approves the
transaction or the FCO has not prohibited the concentration by a decision within a waiting period of five months from submission of a complete notification to the FCO (subject to extension).
On December 15, 2022, the FCO notified Parent that the conditions for a prohibition of the concentration are not satisfied. Accordingly, the condition to the Offer relating to obtaining
approval under the Act against Restraint of Competition has been satisfied.
The bolded language is added to the first
paragraph under the section Regulatory Approvals Antitrust Compliance Japanese Antitrust Laws as follows:
The Japanese Act on Prohibition of Private Monopolization and Maintenance of Fair Trade (Act No. 54 of April 14, 1947, as
amended) requires Parent to file a notification with the Japan Fair Trade Commission (JFTC), and the Transaction may not be consummated unless (a) the 30-calendar day waiting period from the
date of acceptance of the notification has elapsed without a written notice from the JFTC that notifies Parent of the initiation of an in-depth investigation (in which case a Phase II review is
opened for the longer of: (i) 120 calendar days from the date of receipt of the initial filing or (ii) 90-calendar days from the date of the JFTCs complete acceptance of the additionally
requested information) or (b) the JFTC issues a written notice to the effect that the JFTC does not intend to issue a cease and desist order as well as another written notice to the effect that the JFTC shortens the