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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ALLIANT ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
Wisconsin
(State or other jurisdiction of 39-1380265
incorporation or organization) (I.R.S. Employer Identification No.)
222 West Washington Avenue, Madison, Wisconsin 53703
(Address of principal executive offices, including Zip Code)
ALLIANT ENERGY CORPORATION DEFERRED COMPENSATION PLAN FOR DIRECTORS
ALLIANT ENERGY KEY EMPLOYEE DEFERRED COMPENSATION PLAN
(Full title of plans)
Edward M. Gleason Copy to:
Vice President, Treasurer and Corporate Secretary
Alliant Energy Corporation Benjamin F. Garmer, III
222 West Washington Avenue Foley & Lardner
Madison, Wisconsin 53703 777 East Wisconsin Avenue
(608) 252-3311 Milwaukee, WI 53202
(Name, address and telephone number, (414) 271-2400
including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
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Amount Proposed Maximum Proposed Maximum
Title of to be Offering Price Aggregate Offering Amount of
Securities to be Registered Registered Per Share Price Registration Fee
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Deferred Compensation $16,000,000 100% $16,000,000 $4,224.00
Obligations(1)
Common Stock, 400,000 shares $31.3750(2) $12,550,000(2) $3,314.00
$.01 par value(3)
Common Stock Purchase 400,000 rights (4) (4) (4)
Rights
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(1) Obligations under the deferred compensation plans are unsecured obligations to pay deferred compensation in the future in
accordance with the terms of either the Alliant Energy Key Employee Deferred Compensation Plan or the Alliant Energy
Corporation Deferred Compensation Plan For Directors. Certain of the deferred compensation obligations may be fulfilled in
cash or Common Stock; accordingly, 400,000 shares of Common Stock are also being registered hereunder.
(2) Estimated solely for the purpose of determining the registration fee pursuant to Rule 457(c) and (h) under the Securities Act
of 1933, as amended, based upon the average of the high and low prices for such Common Stock on November 28, 2000, as
reported on the New York Stock Exchange Composite Tape.
(3) Dividends earned on Common Stock, receipt of which is deferred under the respective plans, are reinvested in Common Stock.
(4) The value attributable to the Common Share Purchase Rights is reflected in the market price of the Common Stock to which the
Rights are attached.
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PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Documents containing the information specified in this Part I will be sent
or given to participants in the plans subject to this Registration Statement as
specified by Rule 428(b)(1). Such documents are not required to be filed with
the Securities and Exchange Commission either as part of this Registration
Statement or as prospectuses or prospectus supplements pursuant to Rule 424.
Such documents and the documents incorporated by reference in this Registration
Statement pursuant to Item 3 of Part II, taken together, constitute a prospectus
that meets the requirements of Section 10(a) of the Securities Act of 1933, as
amended.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents have been previously filed by Alliant Energy
Corporation (the "Company") with the Securities and Exchange Commission and are
incorporated herein by reference:
a. The Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 1999.
b. The Company's Quarterly Reports on Form 10-Q for the quarters ended
March 31, 2000, June 30, 2000 and September 30, 2000, filed on May 11, 2000,
August 11, 2000 and November 13, 2000, respectively.
c. The Company's Current Reports on Form 8-K, dated January 25, 2000,
January 26, 2000, February 2, 2000, February 16, 2000, April 7, 2000 and May 2,
2000.
d. The description of the Company's common stock, par value $.01, contained
in Item 4 of the Company's Registration Statement on Form 8-B, dated April 1,
1988, including any amendment or report filed for the purpose of updating such
description.
e. The description of the Company's Common Share Purchase Rights contained
in Item 1 of the Company's Registration Statement on Form 8-A, dated January 20,
1999, including any amendment or report filed for the purpose of updating such
description.
f. All documents filed by the Company pursuant to Sections 13(a), 13(c), 14
or 15(d) of the Securities Exchange Act of 1934, as amended, subsequent to 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 such securities then remaining to be sold.
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A statement contained in any incorporated document shall be modified or
superseded for the purposes of this Registration Statement if it is modified or
superseded by a document which is also incorporated in this Registration
Statement. Any 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.
This Registration Statement registers 400,000 shares of Alliant Energy
Corporation Common Stock and the accompanying Common Share Purchase Rights,
described in Items 3.d. and 3.e. above and issuable under either the Alliant
Energy Corporation Deferred Compensation Plan for Directors (the "Director
Plan") or the Alliant Energy Key Employee Deferred Compensation Plan (the
"Employee Plan," and together with the Director Plan, the "Plans"). This
Registration Statement also registers $16,000,000 of deferred compensation
obligations under the Plans.
The Plans permit eligible directors and employees of Alliant Energy
Corporation and its participating affiliates to make an advance election to
defer up to 100% of certain compensation in accordance with the terms of the
respective Plan. The Plans establish two accounts, a Company Stock Account and
an Interest Account, for determining the amount of benefits accumulated by
participants pursuant to voluntary deferrals and, under the Employee Plan, a
company match. Amounts may not be transferred between accounts, except for an
option to convert from the Company Stock Account to the Interest Account for a
participant who retires with an installment distribution.
Under the Employee Plan, subject to certain limitations, the employer of
each participant will credit to the account of the participant an employer
contribution equal to 50% of the remainder of (i) the lesser of (a) the sum of
the amounts (if any) contributed during the year by the participant to the
Alliant Energy Corporate Services, Inc. Retirement Savings 401(k) Plan (the
"Savings Plan") that were eligible for matching contributions under the Savings
Plan plus the amounts deferred by the participant under the Plan or (b) 6% of
the participant's base salary for the year; minus (ii) the amount of any
matching contributions that were made to the Savings Plan on behalf of the
participant during the year.
Amounts deferred to a Company Stock Account will be deemed, for bookkeeping
purposes only, to have been invested in whole and fractional shares of Common
Stock at the current prices on the dates set by the plan administrator as
provided in the Plans. A Company Stock Account will also be credited with any
dividends that would have been paid to the participant if the participant had
actually owned the shares on the dividend payment date. Payments from a Company
Stock Account will be made only in whole shares of Common Stock, plus cash for
any fractional share. Participants with a Company Stock Account will have no
rights as a shareholder resulting from the stock units in their accounts.
Amounts deferred to an Interest Account will be held, for bookkeeping
purposes only, and will be credited with interest at an established interest
rate. The annual interest rate will be set in accordance with the Plans as the
greater of (i) the "Prime Rate" as reported in The
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Wall Street Journal on the first business day of the Plan Year or (ii) the
A-Utility Bond Rate yield (as reported in the Federal Reserve statistical H.15)
using the average of the rates reported for the last Friday of each month for
the year; however, the annual rate shall not be greater than 12% or less than
6%. Payments from an Interest Account will be made only in cash in U.S. Dollars.
Distributions from an account under a Plan depend upon a number of factors.
Under the Employee Plan, except in the case of death or retirement, the account
balance is paid promptly after termination of a participant's employment in a
lump sum. In the case of a participant's death, the benefit commences promptly,
but is paid in a lump sum or annual installments as elected by the participant
prior to the year of deferral. In the case of a participant's retirement, the
benefit commences either promptly or in the next year, as elected by the
participant prior to the year of deferral; in addition, the participant selects
either a lump sum or installment payment. The participant has an opportunity to
change the elections, but only at the price of a 10% forfeiture of the
applicable account.
Under the Director Plan, the benefit is paid in either a lump sum or annual
installments, as elected by the participant prior to the year of deferral. The
commencement can be as of a specified date for an active director, or based on
termination of director status, either promptly or in the next year. In all
cases, the participant makes the election prior to the year of deferral. In the
event of the participant's death, the death benefit is paid to the beneficiary
in a lump sum promptly after death.
The Plans are non-qualified and are intended to be unfunded; however, two
separate non-qualified grantor trusts, one for each Plan (each a "Trust"),
commonly known as "rabbi trusts," have been established to assist in meeting
obligations under such Plans.
The assets held in a Trust are intended to be used to pay benefits payable
under the respective Plan. The assets of a Trust are subject to the claims of
general creditors of the Company or the respective employer. As a result,
benefits under a Plan will be unfunded and unsecured obligations of the employer
to pay deferred compensation in the future in accordance with the terms of the
respective Plan, and will rank equally with other unsecured and unsubordinated
indebtedness of the employer from time to time outstanding.
The plan administrator reserves the right to amend the Plans at any time,
including the right to completely terminate the Plans and distribute the
benefits payable under the Plans to the participants in the Plans. No amendment
may reduce the benefits credited to any participant's account as of the date of
such amendment.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
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Item 6. Indemnification of Directors and Officers.
Pursuant to the Wisconsin Business Corporation Law and the Company's
By-laws, directors and officers of the Company are entitled to mandatory
indemnification from the Company against certain liabilities and expenses (i) to
the extent such officers or directors are successful in the defense of a
proceeding and (ii) in proceedings in which the director or officer is not
successful in the defense thereof unless it is determined that the director or
officer breached or failed to perform his or her duties to the Company and such
breach or failure constituted: (a) a willful failure to deal fairly with the
Company or its shareowners in connection with a matter in which the director or
officer had a material conflict of interest; (b) a violation of the criminal
law, unless the director or officer had reasonable cause to believe his or her
conduct was lawful or had no reasonable cause to believe his or her conduct was
unlawful; (c) a transaction from which the director or officer derived an
improper personal profit; or (d) willful misconduct. The Wisconsin Business
Corporation Law specifically states that it is the policy of Wisconsin to
require or permit indemnification in connection with a proceeding involving
securities regulation, as described therein, to the extent required or permitted
as described above. Additionally, under the Wisconsin Business Corporation Law,
directors of the Company are not subject to personal liability to the Company,
its shareowners or any person asserting rights on behalf thereof for certain
breaches or failures to perform any duty resulting solely from their status as
directors except in circumstances paralleling those in subparagraphs (a) through
(d) outlined above.
The indemnification provided by the Wisconsin Business Corporation Law and
the Company's By-laws is not exclusive of any other rights to which a director
or officer may be entitled. The general effect of the foregoing provisions may
be to reduce the circumstances which an officer or director may be required to
bear the economic burden of the foregoing liabilities and expenses.
The Company maintains a liability insurance policy for its directors and
officers as permitted by Wisconsin law which may extend to, among other things,
liability arising under the Securities Act of 1933, as amended.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
The exhibits filed herewith or incorporated herein by reference are set
forth in the attached Exhibit Index.
Item 9. Undertakings.
(a) Rule 415 Offering.
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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
Securities Act of 1933;
(ii) To reflect in the prospectus any facts or events arising after
the effective date of the 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 the registration statement; and
(iii) 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;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do 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
Securities Exchange Act of 1934 that are incorporated by reference in
the registration statement.
(2) That, for the purpose of determining any liability under the
Securities Act of 1933, 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) Filings Incorporating Subsequent Exchange Act Documents by Reference.
The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of
the registrant's annual report pursuant to Section 13(a) or Section 15(d)
of the Securities Exchange Act of 1934 that is incorporated by reference in
the 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) Statement Required in Connection with Filing of Registration Statement on
Form S-8.
Insofar as indemnification for liabilities arising under the Securities Act
of 1933 may be permitted to directors, officers and controlling persons of
the registrant pursuant to
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the foregoing provisions, or otherwise, the registrant has been advised
that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the 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 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 the City of Madison, State of Wisconsin as of November 30, 2000.
ALLIANT ENERGY CORPORATION
By: /s/ Erroll B. Davis, Jr.
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Erroll B. Davis, Jr.
Chairman, President and Chief Executive
Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and as of the dates indicated.
Signature Title Date
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/s/ Erroll B. Davis, Jr. Chairman, President, Chief November 30, 2000
- ------------------------------ Executive Officer and Director
Erroll B. Davis, Jr. (Principal Executive Officer)
/s/ Thomas M. Walker Executive Vice President and November 30, 2000
- ------------------------------ Chief Financial Officer
Thomas M. Walker (Principal Financial Officer)
/s/ John E. Kratchmer Corporate Controller and November 30, 2000
- ------------------------------ Chief Accounting Officer
John E. Kratchmer (Principal Accounting Officer)
* Director November 30, 2000
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Alan B. Arends
* Director November 30, 2000
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Jack B. Evans
* Director November 30, 2000
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Rockne G. Flowers
* Director November 30, 2000
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Joyce L. Hanes
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* Director November 30, 2000
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Lee Liu
* Director November 30, 2000
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Katharine C. Lyall
* Director November 30, 2000
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Arnold M. Nemirow
* Director November 30, 2000
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Milton E. Neshek
* Director November 30, 2000
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Judith D. Pyle
* Director November 30, 2000
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Robert W. Schlutz
* Director November 30, 2000
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Wayne H. Stoppelmoor
* Director November 30, 2000
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Anthony R. Weiler
* By: /s/ Erroll B. Davis, Jr.
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Erroll B. Davis, Jr.
Attorney-in-fact
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EXHIBIT INDEX
Exhibit
Number Description
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4.1 Alliant Energy Corporation Deferred Compensation Plan for
Directors.
4.2 Alliant Energy Key Employee Deferred Compensation Plan.
4.3 Form of Alliant Energy Corporation Grantor Trust for Deferred
Compensation Agreements (Directors Plan).
4.4 Form of Alliant Energy Grantor Trust for Deferred
Compensation Agreements (Key Employee Plan).
4.5 Rights Agreement, dated as of January 20, 1999, between Alliant
Energy Corporation and Firstar Bank, N.A. (incorporated by
reference to Exhibit 4.1 to the Company's Registration Statement
on Form 8-A, dated January 20, 1999 (File No. 1-9894)).
5 Opinion of Foley & Lardner.
23.1 Consent of Arthur Anderson LLP.
23.2 Consent of Foley & Lardner [included in its opinion filed as
Exhibit 5].
24 Powers of Attorney.