AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 1, 1996
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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SUPERGEN, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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California 94-3132190
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(State of incorporation) (I.R.S. Employer Identification No.)
6450 HOLLIS STREET
EMERYVILLE, CALIFORNIA 94608
(ADDRESS, INCLUDING ZIP CODE, OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
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SUPERGEN, INC. 1993 STOCK OPTION PLAN, AS AMENDED AND RESTATED
EFFECTIVE JANUARY 17, 1996
SUPERGEN, INC. 1996 DIRECTORS' STOCK OPTION PLAN
SUPERGEN, INC. EMPLOYEES AND CONSULTANTS STOCK OPTION AGREEMENT/PLAN
(FULL TITLES OF THE PLANS)
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JOSEPH RUBINFELD
PRESIDENT AND CHIEF EXECUTIVE OFFICER
SUPERGEN, INC.
6450 HOLLIS STREET
EMERYVILLE, CALIFORNIA 94608
(510) 655-1075
(NAME, ADDRESS, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF AGENT FOR SERVICE)
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COPIES TO:
JOHN V. ROOS, ESQ.
PAGE MAILLIARD, ESQ.
WILSON, SONSINI, GOODRICH & ROSATI
PROFESSIONAL CORPORATION
650 PAGE MILL ROAD
PALO ALTO, CA 94306
(415) 493-9300
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CALCULATION OF REGISTRATION FEE
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Title of Amount Proposed Proposed Amount of
Securities to to be Maximum Offering Maximum Aggregate Registration
be Registered Registered(1) Price Per Share(2) Offering Price(2) Fee
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Common Stock,
no par value 2,550,000 $6.511628 $16,604,653.73 $5,725.73
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(1) Includes 2,000,000 shares to be registered under the 1993 Stock Option Plan
(the "1993 Plan"), 250,000 shares to be registered under the 1996
Directors' Stock Option Plan (the "1996 Plan"), and 300,000 shares to be
registered under the Employees and Consultants Stock Option Agreement/Plan
(the "Employees and Consultants Plan").
(2) The Proposed Maximum Offering Price Per Share was estimated in part
pursuant to Rule 457(h) under the Securities Act of 1933, as amended (the
"Securities Act"), and, in part, pursuant to Rule 457(c) under the
Securities Act. With respect to (i) 1,410,450 shares which are subject to
outstanding options to purchase Common Stock under the 1993 Plan, (ii)
150,000 shares which are subject to outstanding options to purchase Common
Stock under the 1996 Plan, and (iii) 300,000 shares which are subject to
outstanding options to purchase Common Stock under the Employees and
Consultants Plan, the Proposed Maximum Offering Price Per Share was
estimated pursuant to Rule 457(h), under which Rule the per share price of
options to purchase stock under an employee stock option plan may be
estimated by reference to the exercise price of such options. The weighted
average exercise price of the 1,410,450 shares subject to outstanding
options under the 1993 Plan is $5.84972880. The weighted average exercise
price of the 150,000 shares subject to outstanding options under the 1996
Plan is $5.00. The weighted average exercise price of the 300,000 shares
subject to outstanding options under the Employees and Consultants Plan is
$0.92478333. With respect to 689,550 shares of Common Stock available for
future grant under the 1993 Plan and (ii)100,000 shares of Common Stock
available for future grant under the Director Plan, the estimated Proposed
Maximum Offering Price Per Share was estimated pursuant to Rule 457(c)
whereby the per share price was determined by reference to the average
between the high and low price reported in the Nasdaq National Market on
June 24, 1996, which average was $10.625. The number referenced above in
the table entitled "Proposed Maximum Offering Price per Share" represents a
weighted average of the foregoing estimates calculated in accordance with
Rules 457(h) and 457(c).
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
There are hereby incorporated by reference in this Registration Statement
the following documents and information heretofore filed with the Securities and
Exchange Commission:
(a) The Registrant's Registration Statement on Form SB-2 (File No. 333-
476-LA) and amendments thereto, including the Prospectus dated March 13, 1996,
filed for the purpose of registering certain shares of the Registrant's Common
Stock under the Securities Act of 1933, as amended (the "Securities Act"), in
connection with the Registrant's initial public offering.
(b) The Registrant's Quarterly Report on Form 10-Q for the fiscal quarter
ended March 31, 1996 filed pursuant to Section 13 of the Securities Exchange Act
of 1934 (the "Exchange Act").
(c) The description of the Registrant's Common Stock to be offered hereby
is contained in the Registrant's Registration Statement on Form 8-A filed with
the Securities and Exchange Commission on January 18, 1996, pursuant to Section
12(g) of the Exchange Act, including any amendment or report filed for the
purpose of updating such description.
All documents subsequently filed by the Registrant pursuant to Sec-
tions 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a
post-effective amendment which indicates that all securities offered have been
sold or which deregisters all securities then remaining unsold, shall be deemed
to be incorporated by reference in this registration statement and to be part
hereof from the date of filing such documents.
ITEM 4. DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
Not applicable.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
The Registrant's Articles of Incorporation limit the liability of directors
for monetary damages to the maximum extent permitted by California law. Such
limitation of liability has no effect on the availability of equitable remedies,
such as injunctive relief or rescission.
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The Registrant's Bylaws provide that the Registrant will indemnify its
directors and officers and may indemnify its employees and agents (other than
officers and directors) against certain liabilities to the fullest extent
permitted by California law. The Registrant is also empowered under its Bylaws
to enter into indemnification agreements with its directors and officers and to
purchase insurance on behalf of any person whom it is required or permitted to
indemnify. The Registrant has entered into indemnification agreements with each
of its current directors and officers which provide for indemnification of, and
advancement of expenses to, such persons to the greatest extent permitted by
California law, including by reason of action or inaction occurring in the past
and circumstances in which indemnification and advancement of expenses are
discretionary under California law. Insofar as indemnification for liabilities
arising under the Securities Act may be permitted to directors, officers or
persons controlling the Registrant pursuant to the foregoing provisions, the
Registrant has been informed that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as expressed in the
Securities Act and is therefore unenforceable.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable.
ITEM 8. EXHIBITS.
EXHIBIT
NUMBER
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4.1* 1993 Stock Option Plan, as amended and restated effective
January 17, 1996, and form of Stock Option Agreement
thereunder
4.2* 1996 Directors' Stock Option Plan and form of Stock Option
Agreement thereunder
4.3 Employees and Consultants Stock Option Agreement/Plan
5.1 Opinion of Wilson, Sonsini, Goodrich & Rosati, P.C., as to
legality of securities being registered
23.1 Consent of Ernst & Young LLP, Independent Auditors.
23.2 Consent of Counsel (contained in Exhibit 5.1)
24.1 Power of Attorney (see Page II-5)
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* Incorporated by reference to the exhibit filed with the Registrant's
registration statement on Form SB-2 (File No. 333-476-LA) filed with the
Securities and Exchange Commission on January 18, 1996.
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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 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.
(2) That, for the purpose of determining any liability under the
Securities 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.
(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) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to Section 15(d) of the Exchange Act) 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) Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and controlling persons
of the Registrant pursuant to 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
Securities 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 Securities
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,
SuperGen, Inc., 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 Emeryville, State of California, on this 27th
day of June, 1996.
SUPERGEN, INC.
By:/S/ JOSEPH RUBINFELD
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Joseph Rubinfeld
President, Chief Executive Officer,
Chief Scientific Officer and Director
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each such person whose signature
appears below constitutes and appoints, jointly and severally, Joseph Rubinfeld
and Henry C. Settle, Jr., his attorneys-in-fact, each with the power of
substitution, for him in any and all capacities, to sign any amendments to this
Registration Statement on Form S-8 (including post-effective amendments), and to
file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, hereby ratifying and
confirming all that each of said attorneys-in-fact, or his substitute or
substitutes, may do or cause to be done by virtue hereof.
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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
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/S/ JOSEPH RUBINFELD President, Chief Executive Officer, June 27, 1996
- ---------------------------- Chief Scientific Officer and Director
(Joseph Rubinfeld) (Principal Executive Officer)
/S/ HENRY C. SETTLE, JR. Chief Financial Officer June 27, 1996
- ---------------------------- (Principal Financial and Accounting Officer)
(Henry C. Settle, Jr.)
/S/ DAVID M. FINEMAN Director June 27, 1996
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(David M. Fineman)
/S/ J. GREGORY SWENDSEN Director June 27, 1996
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(J. Gregory Swendsen)
/S/ DENIS BURGER Director June 27, 1996
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(Denis Burger)
/S/ JULIUS A. VIDA Director June 27, 1996
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(Julius A. Vida)
Director June 27, 1996
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(Daniel Zurr)
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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EXHIBITS
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Registration Statement on Form S-8
SuperGen, Inc.
July 1, 1996
INDEX TO EXHIBITS
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER EXHIBIT PAGE
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4.1* SuperGen, Inc. 1993 Stock Option Plan, as amended and
restated effective January 17, 1996, and form of stock
option agreement thereunder. . . . . . . . . . . . . . . .
4.2* SuperGen, Inc. 1996 Directors' Stock Option Plan and forms
of option agreement thereunder . . . . . . . . . . . . . .
4.3 SuperGen, Inc. Employees and Consultants Stock Option
Agreement/Plan . . . . . . . . . . . . . . . . . . . . . .
5.1 Opinion of Wilson, Sonsini, Goodrich & Rosati, a Professional
Corporation. . . . . . . . . . . . . . . . . . . . . . . .
23.1 Consent of Ernst & Young LLP, Independent Auditors . . . .
23.2 Consent of Counsel (contained in Exhibit 5.1). . . . . . .
24.1 Power of Attorney (see page II-5). . . . . . . . . . . . .
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* Incorporated by reference to the exhibit filed with the Registrant's
registration statement on Form SB-2 (File No. 333-476-LA) filed with
the Securities and Exchange Commission on January 18, 1996.