As filed with the Securities and Exchange Commission on April 20, 2012
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE
SECURITIES ACT OF 1933
INFOBLOX INC.
(Exact name of Registrant as specified in its charter)
| | |
| Delaware | | 20-0062867 |
| (State or other jurisdiction of | | (I.R.S. Employer |
| incorporation or organization) | | Identification Number) |
4750 Patrick Henry Drive
Santa Clara, CA 95054
(408) 625-4200
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
2012 Equity Incentive Plan
2012 Employee Stock Purchase Plan
Amended and Restated 2005 Stock Plan
2003 Stock Plan
2000 Stock Option Plan
(Full title of the plans)
Robert D. Thomas
President and Chief Executive Officer
Infoblox Inc.
4750 Patrick Henry Drive
Santa Clara, CA 95054
(408) 625-4200
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Please send copies of all communications to:
|
William L. Hughes, Esq. Fenwick & West LLP Silicon Valley Center 801 California Street Mountain View, California 94041 (650) 988-8500 |
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act):
| | | | | | |
| Large Accelerated Filer | | ¨ | | Accelerated Filer | | ¨ |
| | | |
| Non-accelerated Filer | | x (Do not check if a smaller reporting company) | | Smaller Reporting Company | | ¨ |
CALCULATION OF REGISTRATION FEE
| | | | | | | | |
|
Title of Each Class of Securities to be Registered | | Amount to be Registered(1) | | Proposed Maximum Offering Price Per Unit | | Proposed Maximum Aggregate
Offering Price | | Amount of Registration Fee |
Common Stock, $0.0001 par value | | | | | | | | |
— To be issued under the 2012 Equity Incentive Plan | | 4,586,606(2) | | $ 16.00(3) | | $ 73,385,696 | | $ 8,410 |
— Outstanding under the 2012 Equity Incentive Plan | | 438,495 | | $ 16.00 (4) | | $ 7,015,920 | | $ 804 |
— To be issued under the 2012 Employee Stock Purchase Plan | | 1,500,000 | | $ 13.60(5) | | $ 20,400,000 | | $ 2,338 |
— Outstanding under the Amended and Restated 2005 Stock Plan | | 217,454 | | $ 0.64(7) | | $ 139,171 | | $ 16 |
— Outstanding under the 2003 Stock Plan | | 11,457,418(6) | | $ 5.80(8) | | $ 66,453,024 | | $ 7,616 |
— Outstanding under the 2000 Stock Option Plan | | 1,263 | | $ 246.60(9) | | $ 311,456 | | $ 36 |
Total | | | | | | $167,705,267 | | $19,219 |
|
|
| (1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock that become issuable under the Registrant’s 2012 Equity Incentive Plan, 2012 Employee Stock Purchase Plan, Amended and Restated 2005 Stock Plan, 2003 Stock Plan and 2000 Stock Option Plan, by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that increases the number of the Registrant’s outstanding shares of common stock. |
| (2) | Shares of common stock reserved for issuance under the 2012 Equity Incentive Plan consist of (a) 4,561,505 shares of common stock reserved for future issuance under the 2012 Equity Incentive Plan and (b) 25,101 shares of common stock previously reserved but unissued under the 2003 Stock Plan on the effective date of the 2012 Equity Incentive Plan that are now available for issuance under the 2012 Equity Incentive Plan. In addition, any shares subject to outstanding awards under the 2003 Stock Plan that are issuable upon the exercise of options that expire or become unexercisable for any reason without having been exercised in full will be available for future grant and issuance under the 2012 Equity Incentive Plan. See footnote 5 below. |
| (3) | Estimated solely for the purpose of calculating the registration fee in accordance with Rules 457(h) under the Securities Act and based upon the initial public offering price of $16.00. |
| (4) | Estimated in accordance with Rule 457(h) under the Securities Act solely for the purpose of calculating the registration fee on the basis of the exercise price of $16.00 per share. |
| (5) | Estimated solely for the purpose of calculating the registration fee in accordance with Rules 457(h) under the Securities Act and based upon the initial public offering price of $16.00, multiplied by 85%, which is the percentage of the trading price per share applicable to purchasers under the Registrant’s 2012 Employee Stock Purchase Plan. |
| (6) | Any such shares of common stock that are subject to outstanding awards under the 2003 Stock Plan that are issuable upon the exercise of options that expire or become unexercisable for any reason without having been exercised in full will be available for future grant and issuance under the 2012 Equity Incentive Plan. See footnote 2 above. |
| (7) | Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(h) under the Securities Act on the basis of the weighted average exercise price of $0.64 per share (rounded up to the nearest cent). |
| (8) | Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(h) under the Securities Act on the basis of the weighted average exercise price of $5.80 per share (rounded up to the nearest cent). |
| (9) | Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(h) under the Securities Act on the basis of the weighted average exercise price of $246.60 per share (rounded up to the nearest cent). |
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information called for by Part I of Form S-8 is omitted from this Registration Statement in accordance with Rule 428 of the Securities Act of 1933, as amended (the “Securities Act”) and the instructions to Form S-8. In accordance with the rules and regulations of the Securities and Exchange Commission (the “Commission”) and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424.
I-1
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
| Item 3. | Incorporation of Documents by Reference. |
The following documents filed by the Registrant with the Commission pursuant to the Securities Act and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) are incorporated herein by reference:
| | (a) | The Registrant’s prospectus filed on April 19, 2012 under the Securities Act contained in the Registration Statement on Form S-1 (Registration No. 333-178925), which contains audited financial statements for the Registrant’s latest fiscal year for which such statements have been filed; and |
| | (b) | The description of the Registrant’s common stock contained in the Registrant’s registration statement on Form 8-A (File No. 001-35507) filed on April 16, 2012 under Section 12(b) of the Exchange Act, including any amendment or report filed for the purpose of updating such description. |
All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of the filing of such documents.
Unless expressly incorporated into this Registration Statement, a report furnished on Form 8-K prior or subsequent to the date hereof shall not be incorporated by reference into this Registration Statement, except as to specific sections of such reports that are filed or deemed filed as set forth therein. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such statement.
| Item 4. | Description of Securities. |
Not applicable.
| Item 5. | Interests of Named Experts and Counsel. |
Not applicable.
| Item 6. | Indemnification of Directors and Officers. |
Section 145 of the Delaware General Corporation Law authorizes a court to award, or a corporation’s board of directors to grant, indemnity to directors and officers under certain circumstances and subject to certain limitations. The terms of Section 145 of the Delaware General Corporation Law are sufficiently broad to permit indemnification under certain circumstances for liabilities, including reimbursement of expenses incurred, arising under the Securities Act.
As permitted by the Delaware General Corporation Law, the Registrant’s restated certificate of incorporation contains provisions that eliminate the personal liability of its directors for monetary damages for any breach of fiduciary duties as a director, except liability for the following:
| | • | | any breach of the director’s duty of loyalty to the Registrant or its stockholders; |
| | • | | acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law; |
| | • | | unlawful payments of dividends or unlawful stock repurchases or redemptions as provided in Section 174 of the Delaware General Corporation Law; or |
| | • | | any transaction from which the director derived an improper personal benefit. |
As permitted by the Delaware General Corporation Law, the Registrant’s restated bylaws provide that:
| | • | | the Registrant is required to indemnify its directors and officers to the fullest extent permitted by the Delaware General Corporation Law, subject to very limited exceptions; |
| | • | | the Registrant may indemnify its other employees and agents as set forth in the Delaware General Corporation Law; |
| | • | | the Registrant is required to advance expenses, as incurred, to its directors and officers in connection with a legal proceeding to the fullest extent permitted by the Delaware General Corporation Law, subject to very limited exceptions; and |
| | • | | the rights conferred in the restated bylaws are not exclusive. |
In addition, the Registrant has entered into indemnification agreements with each of its current directors and executive officers to provide these directors and executive officers with additional contractual assurances regarding the scope of the indemnification set forth in the Registrant’s restated certificate of incorporation and restated bylaws and to provide additional procedural protections. The indemnification provisions in the Registrant’s restated certificate of incorporation and restated bylaws and the indemnification agreements entered into between the Registrant and each of its directors and executive officers may be sufficiently broad to permit indemnification of the Registrant’s directors and executive officers for liabilities arising under the Securities Act.
The Registrant carries liability insurance for its directors and officers.
In addition, Mr. Michael L. Goguen and Mr. Thomas E. Banahan are indemnified by their employers with regard to serving on the Registrant’s board of directors.
See also the undertakings set out in response to Item 9 hereof.
| Item 7. | Exemption From Registration Claimed. |
Not applicable.
The following exhibits are filed herewith:
| | | | | | | | | | | | |
Exhibit Number | | Exhibit Description | | Incorporated by Reference | | Filed |
| | | Form | | File No. | | Exhibit | | Filing Date | | Herewith |
| | | | | | |
| 4.1 | | Form of Restated Certificate of Incorporation of the Registrant | | S-1 | | 333-178925 | | 3.02 | | 4/9/2012 | | |
| | | | | | |
| 4.2 | | Form of Restated Bylaws of the Registrant | | S-1 | | 333-178925 | | 3.04 | | 4/9/2012 | | |
| | | | | | |
| 5.1 | | Opinion of Fenwick & West LLP | | | | | | | | | | X |
| | | | | | |
| 23.1 | | Consent of Fenwick & West LLP (contained in Exhibit 5.1) | | | | | | | | | | X |
| | | | | | |
| 23.2 | | Consent of Ernst & Young LLP, independent registered public accounting firm | | | | | | | | | | X |
| | | | | | |
| 23.3 | | Consent of Ernst & Young LLP, independent auditors | | | | | | | | | | X |
| | | | | | |
| 24.1 | | Power of Attorney (included on the signature page to this Registration Statement) | | | | | | | | | | X |
| | | | | | |
| 99.1 | | 2000 Stock Option Plan | | | | | | | | | | X |
| | | | | | |
| 99.2 | | 2003 Stock Plan and form of stock option grant | | S-1 | | 333-178925 | | 10.02 | | 4/9/2012 | | |
| | | | | | |
| 99.3 | | 2005 Stock Plan | | S-1 | | 333-178925 | | 10.03 | | 4/9/2012 | | |
| | | | | | |
| 99.4 | | 2012 Equity Incentive Plan and forms of equity award agreements | | | | | | | | | | X |
| | | | | | |
| 99.5 | | 2012 Employee Stock Purchase Plan | | | | | | | | | | X |
A. The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in the volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective Registration Statement;
(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;
provided,however, that paragraphs (a)(1)(i) and (a)(1)(ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initialbona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initialbona fide offering thereof.
C. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered hereby, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santa Clara, State of California, on this 20th day of April, 2012.
| | |
| INFOBLOX INC. |
| |
| By: | | /s/ Robert D. Thomas |
| | Robert D. Thomas |
| | President and Chief Executive Officer |
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Robert D. Thomas and Remo E. Canessa, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution, for him or her in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement on Form S-8, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his or her substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
| | | | |
Name | | Title | | Date |
| | |
| Principal Executive Officer: | | | | |
| | |
/s/ Robert D. Thomas | | President and Chief Executive Officer | | April 20, 2012 |
| Robert D. Thomas | | |
| | |
Principal Financial Officer and Principal Accounting Officer: | | | | |
| | |
/s/ Remo E. Canessa | | Chief Financial Officer | | April 20, 2012 |
| Remo E. Canessa | | |
| | |
| Additional Directors: | | | | |
| | |
/s/ Thomas E. Banahan | | Director | | April 20, 2012 |
| Thomas E. Banahan | | |
| | |
/s/ Laura C. Conigliaro | | Director | | April 20, 2012 |
| Laura C. Conigliaro | | |
| | |
/s/ Fred M. Gerson | | Director | | April 20, 2012 |
| Fred M. Gerson | | |
| | |
/s/ Michael L. Goguen | | Director | | April 20, 2012 |
| Michael L. Goguen | | |
| | |
/s/ Frank J. Marshall | | Director | | April 20, 2012 |
| Frank J. Marshall | | |
| | |
/s/ Daniel J. Phelps | | Director | | April 20, 2012 |
| Daniel J. Phelps | | |
EXHIBIT INDEX
| | | | | | | | | | | | |
Exhibit Number | | Exhibit Description | | Incorporated by Reference | | Filed |
| | | Form | | File No. | | Exhibit | | Filing Date | | Herewith |
| | | | | | |
| 4.1 | | Form of Restated Certificate of Incorporation of the Registrant | | S-1 | | 333-178925 | | 3.02 | | 4/9/2012 | | |
| | | | | | |
| 4.2 | | Form of Restated Bylaws of the Registrant | | S-1 | | 333-178925 | | 3.04 | | 4/9/2012 | | |
| | | | | | |
| 5.1 | | Opinion of Fenwick & West LLP | | | | | | | | | | X |
| | | | | | |
| 23.1 | | Consent of Fenwick & West LLP (contained in Exhibit 5.1) | | | | | | | | | | X |
| | | | | | |
| 23.2 | | Consent of Ernst & Young LLP, independent registered public accounting firm | | | | | | | | | | X |
| | | | | | |
| 23.3 | | Consent of Ernst & Young LLP, independent auditors | | | | | | | | | | X |
| | | | | | |
| 24.1 | | Power of Attorney (included on the signature page to this Registration Statement) | | | | | | | | | | X |
| | | | | | |
| 99.1 | | 2000 Stock Option Plan | | | | | | | | | | X |
| | | | | | |
| 99.2 | | 2003 Stock Plan and form of stock option grant | | S-1 | | 333-178925 | | 10.02 | | 4/9/2012 | | |
| | | | | | |
| 99.3 | | 2005 Stock Plan | | S-1 | | 333-178925 | | 10.03 | | 4/9/2012 | | |
| | | | | | |
| 99.4 | | 2012 Equity Incentive Plan and forms of equity award agreements | | | | | | | | | | X |
| | | | | | |
| 99.5 | | 2012 Employee Stock Purchase Plan | | | | | | | | | | X |
