As filed with the Securities and Exchange Commission on: September 3, 1996.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
under
THE SECURITIES ACT OF 1933
United Petroleum Corporation
(Exact name of registrant as specified in its charter)
Delaware 13-310494
(State of incorporation) (I.R.S. Employer I.D. Number)
4867 North Broadway
Knoxville, Tennessee 37928
(Address of principal executive offices) (zip code)
UNITED PETROLEUM CORPORATION 1994 STOCK OPTION
AND STOCK BONUS PLAN AND THE 1996 AMENDMENT
Full Title of the Plan
Mr. Michael F. Thomas, President
United Petroleum Corporation
4867 North Broadway
Knoxville, Tennessee 37928
(Name and address of agent for service)
(423) 688-0582
(Telephone number, including area code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
Title of
Class of Proposed Proposed
Securities Amount To Maximum Maximum
To Be Be Price per Offering Amount
Registered Registered(1) Share(2) Price of Fee
- ---------- ------------- -------- ----- ------
Common Stock, 1,500,000 $5.75 $8,625,000 $2,974.14
$.01 par value
- --------------
(1) This registration statement covers 1,500,000 shares, the increased
number of shares for which options may be granted or bonus shares issued
under the 1994 Stock Option and Stock Bonus Plan as the result of the 1996
Amendment Number Two to the 1994 Stock Option and Stock Bonus Plan. In
addition, this registration statement covers such additional indeterminate
number of shares of Common Stock as may be issued upon exercise of options
by reason of adjustments in the number of shares of Common Stock pursuant to
anti-dilution provisions contained in the plan under which the options were
granted. Because such additional shares of Common Stock will, if issued, be
issued for no additional consideration, no registration fee is required.
(2) Estimated solely for calculation of the amount of the registration fee.
All shares of Common Stock are being offered to employees (as said term is
defined in the General Instructions to the Form S-8) who are not restricted
as to the price or prices at which such securities may be sold. It is
anticipated that such securities will be offered at prices approximating
fluctuating market prices. Therefore, pursuant to Rule 457 of the Securities
Act of 1933, as amended, the registration fee has been calculated based upon
the higher of (i) the average of $5.75 per share and $6.00 per share, the
bid and asked prices of the Company's Common Stock on August 22, 1996 as
reported by The NASDAQ Stock Market, Small Cap Market, or (ii) the maximum
exercise price per share for shares of common stock issuable upon exercise
of options to purchase common stock.
Prior Registration Statement
This registration statement on Form S-8 relates to registration
statements on Form S-8, file no. 33-86206, filed on November 8, 1994, which
registered shares issuable in accordance with the terms of the 1994 Stock Option
and Stock Bonus Plan, and which was amended by amendment filed with the
Securities and Exchange Commission on May 8, 1995, Registration Statement on
Form S-8, file no. 33-92054, and such registration statements are incorporated
by reference herein.
Additional Information
This registration statement of Form S-8 covers 1,500,000 shares, the
increased number of shares for which options may be granted or bonus shares
issued under the 1994 Stock Option and Stock Bonus Plan (the "Plan"), as amended
by the 1996 Amendment Number Two to the Plan.
Item 8. Exhibits.
4.1 One Capital Advisory Agreement*
4.2 Wood Capital Associates Consulting Agreement*
4.3 United Petroleum Corporation 1994 Stock Option and Stock Bonus Plan*
4.4 1995 Amendment to United Petroleum Corporation 1994 Stock Option and Stock
Bonus Plan**
4.5 1996 Amendment to United Petroleum Corporation 1994 Stock Option and Stock
Bonus Plan.
4.6 Agreement between M.A.G. & Associates, Inc. and United Petroleum
Corporation**
4.7 Agreement between Strategic Holdings Corporation and United Petroleum
Corporation
5.1 Opinion of Brenman Key & Bromberg, PC.*
5.2 Opinion of Robson & Miller, LLP
24.1 Consent of Dunn Creswell Sparks Smith Horne & Downing
24.2 Consent of Robson & Miller, LLP is contained in Exhibit No. 5.3
3
- ---------------
*Incorporated by reference to Registration Statement on Form S-8, no.
33-86206 filed on November 8, 1994.
**Incorporated by reference to Registration Statement on Form S-8, no. 33-92054
filed on May 8, 1995.
[Rest of Page Intentionally Left Blank]
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 the City of Knoxville, State of Tennessee, on August 29, 1996.
UNITED PETROLEUM CORPORATION
(Registrant)
By: /s/ Michael F. Thomas
------------------------
Michael F. Thomas, President
Pursuant to the requirements of the Securities Act of 1933, this report
has been signed below by the following persons on behalf of the registrant and
in their capacities and on the dates indicated.
Signature Title Date
/s/ Michael F. Thomas Chief Executive August 29, 1996
- ------------------------------ Officer, and
Michael F. Thomas Director
/s/ Dwight S. Thomas Director August 30, 1996
- ------------------------------
Dwight S. Thomas
- ------------------------------ Director August ___, 1996
James F. Rose
/s/ William Ted Phillips, Jr. Director August 30, 1996
- ------------------------------
William Ted Phillips, Jr.
- ------------------------------ Director August ___, 1996
James R. Fitzgerald
L. Douglas Keene, Jr. Principal Financial August 29, 1996
- ------------------------------ and Accounting
L. Douglas Keene, Jr. Officer