As filed with the Securities and Exchange Commission on February 22, 2018
RegistrationNo. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORMS-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
SAGE THERAPEUTICS, INC.
(Exact Name of Registrant as Specified in its Charter)
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| Delaware | | 27-4486580 |
(State or Other Jurisdiction of Incorporation or Organization) | | (I.R.S. Employer Identification No.) |
Sage Therapeutics, Inc.
215 First Street
Cambridge, MA 02142
(Address of Principal Executive Offices)
Sage Therapeutics, Inc.
2014 Stock Option and Incentive Plan
(Full Title of the Plans)
Jeffrey M. Jonas, M.D.
President and Chief Executive Officer
Sage Therapeutics, Inc.
215 First Street
Cambridge, MA 02142
(617)299-8380
(Name and Address of Agent For Service)
Copy to:
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Anne Marie Cook Senior Vice President, General Counsel Sage Therapeutics, Inc. 215 First Street Cambridge, MA 02142 (617)299-8380 | | Mitchell S. Bloom, Esq. Laurie A. Burlingame, Esq. Goodwin Procter LLP 100 Northern Avenue Boston, MA 02210 (617)570-1000 |
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. (Check one):
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| Large accelerated filer | | ☒ | | Accelerated filer | | ☐ |
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| Non-accelerated filer | | ☐ (Do not check if a smaller reporting company) | | Smaller reporting company | | ☐ |
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| | | | Emerging growth company | | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
CALCULATION OF REGISTRATION FEE
| | | | | | | | |
|
Title of Securities to be Registered | | Amount
to be
Registered(1) | | Proposed
Maximum
Offering Price per Share(2) | | Proposed
Maximum
Aggregate Offering Price | | Amount of Registration Fee |
Common Stock, $0.0001 par value per share | | 1,680,117 shares(3) | | $166.28 | | $279,369,854.76 | | $34,781.55 |
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| (1) | Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement shall also cover any additional shares of common stock which become issuable under the Registrant’s 2014 Stock Option and Incentive Plan (the “Plan”) by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without the receipt of consideration which results in an increase in the number of the Registrant’s outstanding shares of common stock. |
| (2) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) of the Securities Act, and based on the average of the high and low sale prices of the Registrant’s common stock, as quoted on the Nasdaq Global Market, on February 21, 2018. |
| (3) | Represents an automatic increase to the number of shares available for issuance under the Plan, effective January 1, 2018. Shares available for issuance under the Plan were previously registered on registration statements onForm S-8 filed with the Securities and Exchange Commission on July 18, 2014 (RegistrationNo. 333-197498), May 29, 2015 (RegistrationNo. 333-204549), February 29, 2016 (RegistrationNo. 333-209831), and February 23, 2017 (RegistrationNo. 333-216202). |
EXPLANATORY NOTE
This Registration Statement on FormS-8 registers additional shares of Common Stock under the Plan. The number of shares of Common Stock reserved and available for issuance under the Plan is subject to an automatic annual increase on each January 1 by an amount equal to four percent of the number of shares of Common Stock issued and outstanding on the immediately preceding December 31 or such lesser number of shares of Common Stock as determined by the Administrator (as defined in the Plan). Accordingly, on January 1, 2018, the number of shares of Common Stock reserved and available for issuance under the Plan increased by 1,680,117. This Registration Statement registers these additional 1,680,117 shares of Common Stock. The additional shares are of the same class as other securities relating to the Plan for which the Registrant’s registration statement filed on FormS-8 (RegistrationNo. 333-197498) on July 18, 2014, is effective. The information contained in the Registrant’s registration statement on FormS-8 (RegistrationNo. 333-197498) is hereby incorporated by reference pursuant to General Instruction E.
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 8. Exhibits.
See the Exhibit Index below for a list of exhibits filed as part of this registration statement on FormS-8, which Exhibit Index is incorporated herein by reference.
EXHIBIT INDEX
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Exhibit
No. | | Description |
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| 4.1 | | Specimen Common Stock Certificate (incorporated by reference to Exhibit 4.1 of the Registrant’s Registration Statement on FormS-1, as amended (FileNo. 333-196849) filed on July 8, 2014) |
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| 4.2 | | Fifth Amended and Restated Certificate of Incorporation of the Registrant, as currently in effect (incorporated by reference to Exhibit 3.2 of the Registrant’s Registration Statement on FormS-1, as amended (FileNo. 333-196849) filed on July 8, 2014) |
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| 4.3 | | Amended and Restated Bylaws (incorporated by reference of Exhibit 3.4 of the Registrant’s Registration Statement on FormS-1, as amended (FileNo. 333-196849) filed on July 8, 2014) |
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| 4.4 | | Second Amended and Restated Investors’ Rights Agreement by and among the Registrant and certain of its stockholders dated March 11, 2014 (incorporated by reference to Exhibit 4.2 of the Registrant’s Registration Statement on FormS-1, as amended (FileNo. 333-196849) filed on July 8, 2014) |
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| 5.1* | | Opinion of Goodwin Procter LLP |
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| 23.1* | | Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm |
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| 23.2* | | Consent of Goodwin Procter LLP (included in Exhibit 5.1) |
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| 24.1* | | Power of Attorney (included on signature page) |
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| 99.1 | | 2014 Stock Option and Incentive Plan and forms of agreements thereunder (incorporated by reference to Exhibit 10.2 to the Registrant’s Registration Statement on FormS-1, as amended (FileNo. 333-196849) filed on July 8, 2014) |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on FormS-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Cambridge, Commonwealth of Massachusetts on the 22nd day of February, 2018.
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| SAGE THERAPEUTICS, INC. |
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| By: | | /s/ Jeffrey M. Jonas |
| | Jeffrey M. Jonas, M.D. |
| | Chief Executive Officer, President and Director |
POWER OF ATTORNEY AND SIGNATURES
We, the undersigned officers and directors of Sage Therapeutics, Inc., hereby severally constitute and appoint Jeffrey M. Jonas and Kimi Iguchi, and each of them singly (with full power to each of them to act alone), our true and lawfulattorneys-in-fact and agents, with full power of substitution and resubstitution in each of them for him or her and in his or her name, place and stead, and in any and all capacities, to sign for us and in our names in the capacities indicated below any and all amendments (including post-effective amendments) to this Registration Statement on FormS-8, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto saidattorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as full to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that saidattorneys-in-fact and agents or any of them, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date indicated below.
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| Signature | | Title | | Date |
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/s/ Jeffrey M. Jonas Jeffrey M. Jonas, M.D. | | Chief Executive Officer, President and Director (Principal Executive Officer) | | February 22, 2018 |
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/s/ Kimi Iguchi Kimi Iguchi | | Chief Financial Officer (Principal Financial and Accounting Officer) | | February 22, 2018 |
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/s/ Michael F. Cola Michael F. Cola | | Director | | February 22, 2018 |
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/s/ Steven Paul Steven Paul, M.D. | | Director | | February 22, 2018 |
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/s/ Kevin P. Starr Kevin P. Starr | | Director | | February 22, 2018 |
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/s/ James Frates James Frates | | Director | | February 22, 2018 |
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/s/ Geno Germano Geno Germano | | Director | | February 22, 2018 |
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/s/ Asha Nayak Asha Nayak | | Director | | February 22, 2018 |
