SMITH INTERNATIONAL, INC. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 JUNE 24, 2002 DATE OF REPORT (Date of earliest event reported) SMITH INTERNATIONAL, INC. (Exact name of Registrant as specified in its charter) DELAWARE 1-8514 95-3822631 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 411 N. SAM HOUSTON PARKWAY, SUITE 600 HOUSTON, TEXAS (Address of principal executive offices) 77060 (Zip Code) (281) 443-3370 (Registrant's telephone number, including area code) ITEM 5: OTHER EVENTS On June 6, 2002, the Company announced that its Board of Directors has declared a 2-for-1 stock split to be effected in the form of a stock dividend. Shareholders of record on June 20, 2002, are entitled to one additional share of common stock for each share held on that date. The Company's transfer agent is to distribute the stock dividend on or about July 8, 2002. Pursuant to Section 12 of the Rights Agreement by and between the Company and First Chicago Trust Company of New York (the "Rights Agent") dated as of June 20, 2000, the Company is required to file with the Rights Agent, its transfer agent and the Securities and Exchange Commission a certificate setting forth the nature of any adjustment to the Rights Agreement as a result of the stock split. A copy of the form of Certificate of Adjusted Purchase Price or Number of Shares dated June 21, 2002 is filed as Exhibit 99.1 and is hereby incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial statements of businesses acquired Not applicable. (b) Pro forma financial information Not applicable. (c) Exhibits 99.1 Certificate of Adjusted Purchase Price or Number of Shares dated June 21, 2002. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SMITH INTERNATIONAL, INC. /s/ NEAL S. SUTTON ------------------ By: Neal S. Sutton Senior Vice President - Administration, General Counsel and Secretary Date: June 24, 2002 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION ------- ----------- 99.1 Certificate of Adjusted Purchase Price or Number of Shares dated June 21, 2002.