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As filed with the Securities and Exchange Commission on October 22, 1999
Registration No. 333-_______
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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VERITY, INC.
(Exact name of registrant as specified in its charter)
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Delaware 77-0182779
(State of Incorporation) (I.R.S. Employer Identification No.)
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894 Ross Drive
Sunnyvale, California 94089
(Address of principal executive offices)
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1995 Employee Stock Purchase Plan
1995 Stock Option Plan
1995 Outside Directors Stock Option Plan
1996 Nonstatutory Stock Option Plan
1997 Nonstatutory Stock Option Plan for Verity Canada
(Full title of the plans)
James E. Ticehurst
Vice President of Finance and Administration
and Assistant Secretary
Verity, Inc.
894 Ross Drive
Sunnyvale, CA 94089
(408) 541-1500
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
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Copies to:
Timothy J. Moore, Esq.
Cooley Godward LLP
Five Palo Alto Square
3000 El Camino Real
Palo Alto, CA 94306
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CALCULATION OF REGISTRATION FEE
===================================================================================================================================
PROPOSED MAXIMUM PROPOSED MAXIMUM
TITLE OF SECURITIES TO BE AMOUNT TO BE OFFERING PRICE PER AGGREGATE OFFERING AMOUNT OF REGISTRATION
REGISTERED REGISTERED SHARE (1) PRICE (1) FEE
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock (par value $.001) (See Notes to
Calculation of
4,700,000 Registration Fee) $313,415,083 $ 87,130
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(1) Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457(h) promulgated under the
Securities Act of 1933, as amended (the "Securities Act"). The price per
share and aggregate offering price are based upon (a) the weighted
average
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exercise price, for shares subject to outstanding options granted by
Verity, Inc. (the "Company") under (i) the 1996 Nonstatutory Stock
Option Plan, and (ii) the 1995 Outside Directors Stock Option Plan, and
(b) the average of the high and low prices of the Company's Common Stock
as reported on the Nasdaq Stock Market for October 21, 1999, for shares
reserved for future issuance pursuant to (i) the 1996 Nonstatutory Stock
Option Plan, (ii) the 1997 Nonstatutory Stock Option Plan for Verity
Canada, (iii) the 1995 Employee Stock Purchase Plan and (iv) the 1995
Stock Option Plan and (v) the 1995 Outside Directors' Stock Option Plan
(pursuant to Rule 457 (c) under the Securities Act).
NOTES TO CALCULATION OF REGISTRATION FEE
The chart below details the calculations of the registration fee:
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Number of Shares Offering Price Per Share Aggregate Offering Price
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares issuable pursuant to outstanding options
under the 1996 Nonstatutory Stock Option Plan 226,855 $52.6268 $11,938,652
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares reserved for future issuance pursuant to
the 1996 Nonstatutory Stock Option Plan 2,123,145 $67.625 $143,577,681
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares reserved for future issuance pursuant to
the 1997 Nonstatutory Stock Option Plan for
Verity Canada 350,000 $64.875 $22,706,250
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares reserved for future issuance pursuant to
the 1995 Employee Stock Purchase Plan 700,000 $67.625 $47,337,500
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares reserved for future issuance pursuant to
the 1995 Stock Option Plan 1,000,000 $67.625 $67,625,000
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares issuable pursuant to outstanding options
under the 1995 Outside Directors Stock Option
Plan 10,000 $61.875 $618,750
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Shares reserved for future issuance pursuant to
the 1995 Outside Directors Stock Option Plan 290,000 $67.625 $19,611,250
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Proposed Maximum Offering Price $313,415,083
- -------------------------------------------------- ------------------------- ---------------------------- --------------------------
Registration Fee $87,130
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INCORPORATION BY REFERENCE OF CONTENTS OF
REGISTRATION STATEMENT ON FORM S-8 NO. 333-24753,
REGISTRATION STATEMENT ON FORM S-8 NO. 333-26600,
REGISTRATION STATEMENT ON FORM S-8 NO. 333-26869,
REGISTRATION STATEMENT ON FORM S-8 NO. 333-36527,
REGISTRATION STATEMENT ON FORM S-8 NO. 333-43905,
REGISTRATION STATEMENT ON FORM S-8 NO. 333-44877 AND
REGISTRATION STATEMENT ON FORM S-8 NO. 333-66913
The contents of Registration Statement on Form S-8 No. 333-24753 filed
with the Securities and Exchange Commission on April 8, 1997, Registration
Statement on Form S-8 No. 333-26600 filed with the Securities and Exchange
Commission on March 25, 1996, Registration Statement on Form S-8 No. 333-26869
filed with the Securities and Exchange Commission on May 12, 1997, Registration
Statement on Form S-8 No. 333-36527 filed with the Securities and Exchange
Commission on September 26, 1997, Registration Statement on Form S-8 No.
333-43905 filed with the Securities and Exchange Commission on January 8, 1998,
Registration Statement on form S-8 No. 333-44877 filed with the Securities and
Exchange Commission on January 23, 1998 and Registration Statement on Form S-8
No. 333-66913 filed with the Securities and Exchange Commission on November 6,
1998 is incorporated by reference herein.
EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
- ------- -----------
5.1 Opinion of Cooley Godward LLP
23.1 Consent of Independent Accountants
23.2 Consent of Cooley Godward LLP is contained in Exhibit
5.1 to this Registration Statement
24.1 Power of Attorney is contained on the signature page.
99.1 1995 Employee Stock Purchase Plan
99.2 1995 Stock Option Plan
99.3 1995 Outside Directors Stock Option Plan
99.4 1996 Nonstatutory Stock Option Plan
99.5 1997 Nonstatutory Stock Option Plan for Verity Canada
1.
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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 Sunnyvale, State of California, on October 22,
1999.
VERITY, INC.
By /s/ James E Ticehurst
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James E. Ticehurst
Vice President of Finance and Administration
and Assistant Secretary
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Gary J. Sbona and James E. Ticehurst, and
each or any one of them, his true and lawful attorney-in-fact and agent, 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 in connection therewith,
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 substitutes or substitute, may lawfully do or cause to be
done by virtue hereof.
2.
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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
/s/ Gary J. Sbona Chairman of the Board and Chief October 22, 1999
- --------------------------------------- Executive Officer (Principal Executive
Gary J. Sbona Officer)
/s/ Anthony J. Bettencourt President and Director October 22, 1999
- ---------------------------------------
Anthony J. Bettencourt
/s/ James E. Ticehurst Vice President of Finance and October 22, 1999
- --------------------------------------- Administration and Assistant Secretary
James E. Ticehurst (Principal Financial Officer)
/s/ Todd J. Yamami Corporate Controller (Principal October 22, 1999
- --------------------------------------- Accounting Officer)
Todd J. Yamami
/s/ Steven M. Krausz Director October 22, 1999
- ---------------------------------------
Steven M. Krausz
/s/ Stephen A. MacDonald Director October 22, 1999
- ---------------------------------------
Stephen A. MacDonald
/s/ Charles P. Waite, Jr. Director October 22, 1999
- ---------------------------------------
Charles P. Waite, Jr.
3.
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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5.1 Opinion of Cooley Godward LLP
23.1 Consent of Independent Accountants
23.2 Consent of Cooley Godward LLP is contained in
Exhibit 5.1 to this Registration Statement
24.1 Power of Attorney is contained on the signature page.
99.1 1995 Employee Stock Purchase Plan
99.2 1995 Stock Option Plan
99.3 1995 Outside Directors Stock Option Plan
99.4 1996 Nonstatutory Stock Option Plan
99.5 1997 Nonstatutory Stock Option Plan for Verity Canada
4.