INTRODUCTORY STATEMENT
This Amendment No. 2 (this Amendment No. 2) amends and supplements the Tender Offer Statement on Schedule TO originally
filed with the Securities and Exchange Commission (the SEC) on August 12, 2019, as amended and supplemented by Amendment No. 1 filed with the SEC on August 27, 2019 (as amended and supplemented, the Schedule
TO), relating to the offer by Endologix, Inc., a Delaware corporation (the Company), to exchange (the Exchange Program) certain outstanding options (the Eligible Options) to purchase shares of the
Companys common stock, par value $0.001 per share, whether vested or unvested, that (i) have a per share exercise price of $20.00 or greater that were issued under (1) the 2006 Plan, (2) the 2015 Plan, (3) the TriV Grants,
and (4) the 2017 Inducement Plan, and (ii) are held by an Eligible Participant. The Eligible Options may be exchanged for a lesser number of the New Stock Options upon the terms and subject to the conditions set forth in the Offer to
Exchange Certain Outstanding Stock Options for New Stock Options, dated August 12, 2019 (as amended and supplemented, the Offer to Exchange), a copy of which was filed as Exhibit (a)(1)(A) to the Schedule TO.
This Amendment No. 2 is filed in satisfaction of the reporting requirements of Rule 13e-4(c)(4) promulgated under the Securities Exchange
Act of 1934, as amended (the Exchange Act). This Amendment No. 2 amends and supplements Item 4 of the Schedule TO in the manner set forth below, and all other items and exhibits contained in the Schedule TO remain unchanged. This
Amendment No. 2 should be read in conjunction with the Schedule TO, the Offer to Exchange, and the other Disclosure Documents. Capitalized terms used herein and not defined herein have the meanings given to them in the Offer to Exchange.
Item 4.
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Terms of the Transaction.
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Item 4 of the Schedule TO is hereby amended and supplemented by adding the following:
The Exchange Program expired on September 9, 2019, at 11:59 p.m., Eastern Time. Pursuant to the terms and conditions of the
Exchange Program, an aggregate of 176 Eligible Participants elected to exchange Eligible Options and the Company accepted for exchange Eligible Options to purchase an aggregate of 672,188 shares of the Companys common stock, representing
approximately 91% of the total number of shares of the Companys common stock underlying the Eligible Options. All surrendered Eligible Options were cancelled and, subject to the terms and conditions of the Exchange Program, the Company granted
New Options to purchase an aggregate of 222,973 shares of the Companys common stock in exchange for the tendered Eligible Options. The exercise price per share of the New Options granted pursuant to the Exchange Program was $4.71 per share,
which is equal to the closing price per share of the common stock on the NASDAQ Global Market on September 10, 2019, the Option grant date. The vesting terms of the New Options are described in detail in the Offer to Exchange.