As filed with the Securities and Exchange Commission on January 23, 2002
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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WASHINGTON FEDERAL, INC.
(Exact Name of Registrant as Specified in Its Charter)
WASHINGTON 91-16661606
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
425 PIKE STREET
SEATTLE, WASHINGTON 98101
(Address of Principal Executive Offices, Including Zip Code)
2001 LONG-TERM INCENTIVE PLAN
(Full Title of the Plan)
ROY M. WHITEHEAD
PRESIDENT AND CHIEF EXECUTIVE OFFICER
WASHINGTON FEDERAL, INC.
425 PIKE STREET
SEATTLE, WASHINGTON 98101
(Name and Address of Agent for Service)
(206) 624-7936
(Telephone Number, Including Area Code, of Agent for Service)
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COPY TO:
JEFFREY D. HAAS, ESQ.
NORMAN B. ANTIN, ESQ.
KELLEY DRYE & WARREN LLP
8000 TOWERS CRESCENT DRIVE, SUITE 1200
VIENNA, VIRGINIA 22182
(703) 918-2300
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CALCULATION OF REGISTRATION FEE
====================== ========== ================ ================ ============
PROPOSED MAXIMUM
AMOUNT PROPOSED MAXIMUM AGGREGATE AMOUNT OF
TITLE OF SECURITIES TO BE OFFERING PRICE OFFERING PRICE REGISTRATION
TO BE REGISTERED REGISTERED PER SHARE (1) (1) FEE
- ---------------------- ---------- ---------------- ---------------- ------------
Common Stock,
par value $1.00 per 2,800,000
share shares (2) $26.875 $75,250,000.00 $6,923.00
====================== ========== ================ ================= ===========
(1) Estimated solely for the purpose of calculating the registration fee in
accordance with Rule 457(c) and (h) under the Securities Act of 1933, as
amended, based on the average of the high and low prices on January 18,
2002, as reported by the Nasdaq National Market.
(2) Together with an indeterminable number of additional shares which may be
necessary to adjust the number of shares reserved for issuance pursuant
to the 2001 Long-Term Incentive Plan as a result of a stock split, stock
dividend or similar adjustment of the outstanding Common Stock of the
Registrant.
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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents filed with the Securities and Exchange
Commission (the "Commission") by Washington Federal, Inc. (the "Registrant") are
hereby incorporated by reference in this Registration Statement:
(a) The Registrant's Annual Report on Form 10-K for the fiscal
year ended September 30, 2001; and
(b) The description of the Registrant's common stock, $1.00 par
value per share (the "Common Stock"), contained in the Registrant's Registration
Statement on Form 8-B, as filed with the Commission under Section 12 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), on January 26,
1995, and any amendment or report filed for the purpose of updating such
description.
All documents filed by the Registrant pursuant to Sections 13(a),
13(c), 14 or 15(d) of the Exchange Act, after the date hereof and prior to the
filing of a post-effective amendment to this Registration Statement which
indicates that all securities offered hereby have been sold or which deregisters
all such securities then remaining unsold, shall also be deemed to be
incorporated by reference in this Registration Statement and to be a part hereof
commencing on the respective dates on which such reports and documents are filed
with the Commission. Any statement incorporated by reference herein shall also
be deemed to be modified or superseded for the purposes of this Registration
Statement and any amendment or supplement hereto to the extent that a statement
contained herein or in any other subsequently filed document which also is or is
deemed to be incorporated by reference herein modifies or supersedes such
statement. Any statement modified or superseded shall not be deemed, except as
so modified or superseded, to constitute part of this Registration Statement or
any such amendment or supplement.
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 Bylaws provide that each person who was, or
is, threatened to be made a named party to or is otherwise involved (including,
without limitation, as a witness) in any threatened, pending or completed
action, suit or proceeding, whether civil, criminal, administrative or
investigative and whether formal or informal (hereinafter a "proceeding"), by
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reason of the fact that he is or was a director, officer or employee of the
Registrant or, that being or having been such a director, officer or an employee
of the Registrant, he is or was serving at the request of the Registrant as a
director, officer, partner, trustee, employee or agent of another corporation or
of a partnership, joint venture, trust, employee benefit plan or other
enterprise (hereinafter an "indemnitee"), shall be indemnified and held harmless
by the Registrant against all expense, liability and loss actually and
reasonably incurred or suffered by such indemnitee in connection therewith, and
such indemnification shall continue as to an indemnitee who has ceased to be a
director, officer, partner, trustee, employee or agent and shall inure to the
benefit of the indemnitee's heirs, executors and administrators. No
indemnification shall be provided to any indemnitee, however, for acts or
omissions of the indemnitee finally adjudged to be intentional misconduct or a
knowing violation of law, for conduct of the indemnitee finally adjudged to be
in violation of the provision of the Washington Business Corporation Act dealing
with distributions to shareholders, for any transaction with respect to which it
was finally adjudged that such indemnitee personally received a benefit in
money, property or services to which the indemnitee was not legally entitled or
if the Registrant is otherwise prohibited by applicable law from paying such
indemnification.
The rights of indemnification provided in the Registrant's Bylaws
are not exclusive of any other rights that may be available under the
Registrant's Bylaws, any insurance or other agreement, by vote of shareholders
or disinterested directors or otherwise. In addition, the Registrant's Bylaws
authorize the Registrant to maintain insurance on behalf of any person who is or
was a director, officer or employee of the Registrant, whether or not the
Registrant would have the power to provide indemnification to such person. By
action of its Board, the Registrant may create and fund a trust fund or fund of
any nature, and may enter into agreements with its officers and directors, for
securing or insuring in any manner its obligation to indemnify or advance
expenses provided for in the provisions in its Bylaws regarding indemnification.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable.
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ITEM 8. EXHIBITS.
EXHIBIT NO. DESCRIPTION
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4.1 Articles of Incorporation of the Registrant. (1)
4.2 Bylaws of the Registrant. (1)
5.1 Opinion of Kelley Drye & Warren LLP regarding the legality of
the Common Stock being registered. (2)
23.1 Consent of Deloitte & Touche LLP. (2)
23.2 Consent of Kelley Drye & Warren LLP (included in Exhibit 5.1
hereto). (2)
24.1 Power of Attorney (included in the signature page of this
Registration Statement). (2)
99.1 2001 Long-Term Incentive Plan. (2)
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(1) Incorporated by reference to the Registrant's Registration Statement on
Form 8-B filed with the Commission on January 26, 1995.
(2) Filed herewith.
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 this Registration Statement or any material change to
such information in this 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) 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
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report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934
(and, where applicable, each filing of an employee benefit plan's annual report
pursuant to 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) 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 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 of 1933, as amended, 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 of 1933, as amended, 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 State of Washington, on January 23, 2002.
WASHINGTON FEDERAL, INC.
By:/S/ Roy M. Whitehead
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Roy M. Whitehead
President and Chief Executive Officer
POWER OF ATTORNEY
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 date indicated. Each person whose signature appears below,
hereby makes, constitutes and appoints Roy M. Whitehead his or her true and
lawful attorney, with full power to sign for such person and in such person's
name and capacity indicated below, and with full power of substitution, any and
all amendments to this Registration Statement, hereby ratifying and confirming
such person's signature as it may be signed by said attorney to any and all
amendments.
SIGNATURE TITLE DATE
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/S/ Kermit O. Hanson Director January 23, 2002
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Kermit O. Hanson
/S/ W. Alden Harris Director January 23, 2002
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W. Alden Harris
/S/ Anna C. Johnson Director January 23, 2002
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Anna C. Johnson
/S/ John F. Clearman Director January 23, 2002
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John F. Clearman
/S/ H. Dennis Halvorson Director January 23, 2002
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H. Dennis Halvorson
/S/ Guy C. Pinkerton Chairman January 23, 2002
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Guy C. Pinkerton
/S/ Richard C. Reed Director January 23, 2002
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Richard C. Reed
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SIGNATURE TITLE DATE
- --------- ----- ----
/S/ Charles R. Richmond Director January 23, 2002
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Charles R. Richmond
/S/ Roy M. Whitehead President, Chief Executive January 23, 2002
- -------------------------- Officer and Director
Roy M. Whitehead (principal executive
officer)
/S/ Ronald L. Saper Executive Vice President January 23, 2002
- -------------------------- and Chief Financial
Ronald L. Saper Officer, (principal
financial officer)
/S/ Brent J. Beardahl Controller (principal January 23, 2002
- -------------------------- accounting officer)
Brent J. Beardahl
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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4.1 Articles of Incorporation of the Registrant. (1)
4.2 Bylaws of the Registrant. (1)
5.1 Opinion of Kelley Drye & Warren LLP regarding the legality
of the Common Stock being registered. (2)
23.1 Consent of Deloitte & Touche LLP. (2)
23.2 Consent of Kelley Drye & Warren LLP (included in Exhibit 5.1
hereto). (2)
24.1 Power of Attorney (included in the signature page of this
Registration Statement). (2)
99.1 2001 Long-Term Incentive Plan. (2)
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(1) Incorporated by reference to the Registrant's Registration Statement on
Form 8-B filed with the Commission on January 26, 1995.
(2) Filed herewith.