As filed with the Securities and Exchange Commission on December 14, 2004.
Registration No.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
TEXAS ROADHOUSE, INC.
(Exact name of company as specified in its charter)
Delaware |
| 20-1083890 |
(State or other jurisdiction of |
| (I.R.S. Employer |
| ||
6040 Dutchmans Lane, Suite 400 | ||
Louisville, Kentucky 40205 | ||
(Address of Principal Executive Offices, including Zip Code) | ||
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Texas Roadhouse, Inc. 2004 Equity Incentive Plan | ||
(Full Title of the Plan) | ||
G.J. Hart |
| Copy to: |
CALCULATION OF REGISTRATION FEE
Title of securities |
| Amount to be |
| Proposed |
| Proposed |
| Amount of |
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Class A Common Stock, $0.001 par value |
| 8,000,000 shares |
| $ | 27.88 | (2) | $ | 223,040,000 |
| $ | 26,251.81 |
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(1) Pursuant to Rule 416(a) under the Securities Act, this Registration Statement shall also cover any additional shares of the Registrant’s Class A Common Stock that become issuable under the 2004 Equity Incentive 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 Class A Common Stock.
(2) Estimated solely for the purpose of determining the registration fee. Pursuant to Rule 457, a proposed offering price of $27.88, the average high and low prices on December 13, 2004 as reported by the Nasdaq National Market System, was used.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information required in Part I of this Registration Statement is included in the prospectus for the Plan, which the Registrant has excluded from this Registration Statement in accordance with the instructions to Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents have been incorporated by reference in this Registration Statement:
All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, prior to the filing of a post-effective amendment to this Registration Statement which indicates that all the securities offered have been sold or which deregisters all of such shares then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part of it from the date of filing of such documents. 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 herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4. Description of Securities.
Not applicable.
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Item 5. Interests of Named Experts and Counsel.
Certain members of Frost Brown Todd LLC have a pecuniary interest in 91,482 shares of the Registrant’s Class A Common Stock.
Item 6. Indemnification of Directors and Officers.
Section 145 of the Delaware General Corporation Law permits a corporation to include in its charter documents, and in agreements between the corporation and its directors and officers, provisions expanding the scope of indemnification beyond that specifically provided by the current law.
The Certificate of Incorporation and Bylaws of the Registrant provide that the Registrant shall indemnify its directors and officers, and may indemnify its employees and agents, to the fullest extent permitted by Delaware law.
Section 102(b)(7) of the Delaware General Corporation Law permits corporations to eliminate or limit the personal liability of their directors by adding to the certificate of incorporation a provision eliminating or limiting the personal liability of a director to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, provided that such provision shall not eliminate or limit the liability of a director for (a) any breach of any director’s duty of loyalty to the corporation or its stockholders, (b) acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (c) payment of dividends or repurchases or redemptions of stock other than from lawfully available funds, or (d) any transaction from which the director derived an improper personal benefit.
Article VI of the Registrant’s Certificate of Incorporation provides that:
“[n]o director of the Corporation shall be personally liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director; provided, however, that the foregoing shall not eliminate or limit the liability of a director (a) for any breach of the director’s duty of loyalty to the Corporation or its stockholders; (b) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of the law; (c) under Section 174 of the General Corporation Law of the State of Delaware; or (d) for any transaction from which the director derived an improper personal benefit. If the General Corporation Law of the State of Delaware shall be amended to permit further elimination or limitation of the personal liability of directors, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted by the General Corporation Law of the State of Delaware as so amended. Any repeal or modification of this Article VI by the stockholders of the Corporation shall not adversely affect any right or protection of a director of the Corporation existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omission occurring prior to, such repeal or modification.”
In addition, the Registrant intends to enter into indemnification agreements with each of its directors and executive officers. These indemnification agreements will provide for the indemnification of directors and executive officers of the Registrant to the fullest extent permitted by Delaware law, whether or not expressly provided for in our Bylaws, and set forth the process by which claims for indemnification are considered.
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Item 7. Exemption from Registration Claimed.
Not applicable
Item 8. Exhibits.
Exhibit No. |
| Description of Exhibit |
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4.1 |
| Texas Roadhouse, Inc. 2004 Equity Incentive Plan |
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5 |
| Opinion of Frost Brown Todd LLC |
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23.1 |
| Consent of KPMG LLP, Independent Registered Public Accounting Firm |
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23.2 |
| Consent of Frost Brown Todd LLC (contained in their opinion filed as Exhibit 5) |
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24 |
| Powers of Attorney (included on the signature page of this Registration Statement) |
Item 9. Undertakings.
A. The 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 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.
(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 initial bona 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 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 this 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 initial bona 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 applicable law, the Registrant’s Certificate of Incorporation, as it may be amended from time to time, the Registrant’s Bylaws or the Registrant’s indemnification agreements, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is
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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 a successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered hereunder, 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 of 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.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, 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 Louisville, Kentucky on this 14th day of December, 2004.
| By: | /s/ G.J. Hart |
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| G. J. Hart |
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| Chief Executive Officer |
POWER OF ATTORNEY
Know All Men By These Presents, that each person whose signature appears below constitutes and appoints G. J. Hart and Scott M. Colosi, and each of them, his true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or their or his substitute or substitutions, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Signature |
| Title |
| Date |
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/s/ W. Kent Taylor |
| Chairman of the Company |
| December 14, 2004 |
W. Kent Taylor |
| Director |
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/s/ G. J. Hart |
| Chief Executive Officer |
| December 14, 2004 |
G. J. Hart |
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/s/ Tonya Robinson |
| Controller |
| December 14, 2004 |
Tonya Robinson |
| (Principal Accounting Officer) |
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/s/ Scott M. Colosi |
| Chief Financial Officer |
| December 14, 2004 |
Scott M. Colosi |
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/s/ Martin T. Hart |
| Director |
| October 25, 2004 |
Martin T. Hart |
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/s/ James R. Ramsey |
| Director |
| October 27, 2004 |
James R. Ramsey |
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/s/ James R. Zarley |
| Director |
| October 25, 2004 |
James R. Zarley |
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/s/ James F. Parker |
| Director |
| October 25, 2004 |
James F. Parker |
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EXHIBIT INDEX
Exhibit Number |
| Description of Exhibit |
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4.1 |
| Texas Roadhouse, Inc. 2004 Equity Incentive Plan |
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5 |
| Opinion of Frost Brown Todd LLC |
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23.1 |
| Consent of KPMG LLP, Independent Registered Public Accounting Firm |
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23.2 |
| Consent of Frost Brown Todd LLC (contained in their opinion filed as Exhibit 5) |
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24 |
| Powers of Attorney (included on the signature page of this Registration Statement) |
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