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As filed with the Securities and Exchange Commission on September 17, 1997
Registration No. 333-__________
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
The Securities Act of 1933
INTEVAC, INC.
(Exact name of registrant as specified in its charter)
CALIFORNIA 94-3125814
(State or other jurisdiction (IRS Employer Identification No.)
of incorporation or organization)
3550 BASSETT STREET
SANTA CLARA, CALIFORNIA 95054
(Address of principal executive offices) (Zip Code)
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INTEVAC, INC.
EMPLOYEE STOCK PURCHASE PLAN
(Full title of the Plan)
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NORMAN H. POND
CHAIRMAN OF THE BOARD, PRESIDENT AND
CHIEF EXECUTIVE OFFICER
INTEVAC, INC.
3550 BASSETT STREET, SANTA CLARA, CALIFORNIA 95054
(Name and address of agent for service)
(408) 986-9888
(Telephone number, including area code, of agent for service)
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CALCULATION OF REGISTRATION FEE
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Title of Proposed Maximum Proposed Maximum
Securities Amount Offering Aggregate Amount of
to be to be Price Offering Registration
Registered Registered(1) per Share(2) Price(2) Fee
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Employee Stock Purchase Plan 250,000 shares $14.50 $3,625,000 $1,098
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(1) This Registration Statement shall also cover any additional shares of
Common Stock which become issuable under the Employee Stock Purchase Plan
by reason of any stock dividend, stock split, recapitalization or other
similar transaction effected without the receipt of consideration which
results in an increase in the number of the outstanding shares of Common
Stock of Intevac, Inc.
(2) Calculated solely for purposes of this offering under Rule 457(h) of the
Securities Act of 1933, as amended, on the basis of the fair market value
per share of Common Stock of Intevac, Inc. on September 15, 1997 as
reported on the NASDAQ National Market.
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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
Intevac, Inc. (the "Registrant") hereby incorporates by reference into
this Registration Statement the following documents previously filed with the
Securities and Exchange Commission (the "SEC"):
(a) The Registrant's Annual Report on Form 10-K for the fiscal year
ended December 31, 1996, filed with the SEC on February 7, 1997;
(b) The Registrant's Quarterly Reports on Form 10-Q for the quarters
ended March 29, 1997 and June 28, 1997, filed with the SEC on May
8, 1997 and August 12, 1997, respectively;
(c) The Registrant's Current Reports on Form 8-K filed with the SEC on
February 20, 1997 and March 11, 1997; and
(d) The Registrant's Registration Statement No. 0-26946 on Form 8-A
filed with the SEC on October 5, 1995 pursuant to Section 12 of
the Securities Exchange Act of 1934, as amended (the "1934 Act"),
in which there is described the terms, rights and provisions
applicable to the Registrant's outstanding Common Stock.
All reports and definitive proxy or information statements filed
pursuant to Section 13(a), 13(c), 14 or 15(d) of the 1934 Act after the date of
this Registration Statement and 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 into this Registration Statement and to be a part
hereof 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 subsequently filed
document which also 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.
Item 5. Interests of Named Experts and Counsel
Not Applicable.
Item 6. Indemnification of Directors and Officers
Section 317 of the California Corporations Code authorizes a
corporation's Board of Directors to grant indemnity to directors and officers in
terms sufficiently broad to permit such indemnification under certain
circumstances for liabilities (including reimbursement for expenses incurred)
arising under the Securities Act of 1933, as amended (the "1933 Act"). Article V
of the Registrant's Amended and Restated Articles of Incorporation and Article
VI of the Registrant's Bylaws provide for indemnification of the Registrant's
directors, officers and other agents to the maximum extent permitted by the
California Corporations Code. Pursuant to the foregoing, the
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Registrant has entered into an Indemnification Agreement with each of its
directors, officers and certain controlling persons. The Registrant also
maintains a Directors and Officers insurance policy. The form of Underwriting
Agreement, filed as Exhibit 1.1 to Registration Statement No. 33-97806, provides
for indemnification by the Underwriters of the Registrant, its directors and
executive officers and other persons for certain liabilities arising under the
1933 Act.
Item 7. Exemption from Registration Claimed
Not Applicable.
Item 8. Exhibits
Exhibit Number Exhibit
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4 Instruments Defining the Rights of Shareholders. Reference is made to Registrant's
Registration Statement No. 0-26946 on Form 8-A, as amended, which is incorporated
herein by reference pursuant to Item 3(d).
5 Opinion and Consent of Brobeck, Phleger & Harrison LLP.
23.1 Consent of Ernst & Young LLP, Independent Auditors.
23.2 Consent of Brobeck, Phleger & Harrison LLP is contained in Exhibit 5.
24 Power of Attorney. Reference is made to page II-4 of this Registration Statement.
99.1 Employee Stock Purchase Plan.
99.2* Form of Stock Purchase Agreement.
99.3* Form of Enrollment/Change Form.
* Exhibits 99.2 and 99.3 are incorporated by reference to Exhibits 99.12 and
99.13, respectively to Registrant's Registration Statement on Form S-8, file
number 33-99648, filed with the SEC on November 21, 1995.
Item 9. Undertakings
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 1933 Act, (ii) to reflect in the
prospectus any facts or events arising after the effective date of this
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 this Registration Statement and (iii) to include any
material information with respect to the plan of distribution not previously
disclosed in this Registration Statement or any material change to such
information in this Registration Statement; provided, however, that clauses
(1)(i) and (1)(ii) shall not apply if the information required to be included in
a post-effective amendment by those paragraphs is contained in periodic reports
filed by the Registrant pursuant to Section 13 or Section 15(d) of the 1934 Act
that are incorporated by reference into this Registration Statement; (2) that
for the purpose of determining any liability under the 1933 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 and
(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
Registrant's Employee Stock Purchase Plan.
B. The undersigned Registrant hereby undertakes that, for
purposes of determining any liability under the 1933 Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d)
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of the 1934 Act that is incorporated by reference into 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 1933 Act may be permitted to directors, officers or controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that, in the opinion of the SEC, such
indemnification is against public policy as expressed in the 1933 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, 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 1933 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, as amended,
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 15th
day of September, 1997.
INTEVAC, INC.
By: /s/ Charles B. Eddy
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Charles B. Eddy III
Vice President, Finance and Administration,
Chief Financial Officer, Treasurer and Secretary
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS:
That the undersigned officers and directors of Intevac, Inc., a
California corporation, do hereby constitute and appoint Norman H. Pond and
Charles B. Eddy III, and either of them, the lawful attorneys-in-fact and agents
with full power and authority to do any and all acts and things and to execute
any and all instruments which said attorneys and agents, and either one of them,
determine may be necessary or advisable or required to enable said corporation
to comply with the Securities Act of 1933, as amended, and any rules or
regulations or requirements of the Securities and Exchange Commission in
connection with this Registration Statement. Without limiting the generality of
the foregoing power and authority, the powers granted include the power and
authority to sign the names of the undersigned officers and directors in the
capacities indicated below to this Registration Statement, to any and all
amendments, both pre-effective and post-effective, and supplements to this
Registration Statement, and to any and all instruments or documents filed as
part of or in conjunction with this Registration Statement or amendments or
supplements thereof, and either of the undersigned hereby ratifies and confirms
that all said attorneys and agents, or either one of them, shall do or cause to
be done by virtue hereof. This Power of Attorney may be signed in several
counterparts.
IN WITNESS WHEREOF, each of the undersigned has executed this Power of
Attorney as of the date indicated.
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.
Signature Title Date
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/s/ Norman H. Pond Chairman of the Board, President September 15, 1997
- ------------------------------------- and Chief Executive Officer
Norman H. Pond (Principal Executive Officer)
/s/ Charles B. Eddy Vice President, Finance and September 15, 1997
- ------------------------------------- Administration, Chief Financial
Charles B. Eddy III Officer, Treasurer and Secretary
(Principal Financial and Accounting
Officer)
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Signature Title Date
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/s/ David N. Lambeth Director September 15, 1997
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David N. Lambeth
/s/ Robert D. Hempstead Director September 15, 1997
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Robert D. Hempstead
/s/ Edward Durbin Director September 15, 1997
- -------------------------------------
Edward Durbin
/s/ H. Josteph Smead Director September 15, 1997
- -------------------------------------
H. Joseph Smead
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EXHIBIT INDEX
Exhibit
Number Exhibit
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4 Instruments Defining the Rights of Shareholders. Reference is made to Registrant's
Registration Statement No. 0-26946 on Form 8-A which is incorporated herein by reference
pursuant to Item 3(d).
5 Opinion and Consent of Brobeck, Phleger & Harrison LLP.
23.1 Consent of Ernst & Young LLP, Independent Auditors.
23.2 Consent of Brobeck, Phleger & Harrison LLP is contained in Exhibit 5.
24 Power of Attorney. Reference is made to page II-4 of this Registration Statement.
99.1 Employee Stock Purchase Plan.
99.2* Form of Stock Purchase Agreement.
99.3* Form of Enrollment/Change Form.
* Exhibits 99.2 and 99.3 are incorporated by reference to Exhibits 99.12 and
99.13, respectively to Registrant's Registration Statement on Form S-8, file
number 33-99648, filed with the SEC on November 21, 1995.