Registration No. 333-__________
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
LIBERTY FINANCIAL COMPANIES, INC.
---------------------------------
(Exact name of registrant as specified in its charter)
Massachusetts 04-3260640
------------- ----------
(State or other jurisdiction of
incorporation or organization) (I.R.S. employer identification no.)
600 Atlantic Avenue, Boston, MA 02210-2214
------------------------------------------
(Address of principal executive offices) (Zip Code)
Amended and Restated 1995 Stock Incentive Plan
----------------------------------------------
(full title of the Plan)
John A. Benning, Esq.
Senior Vice President and General Counsel
Liberty Financial Companies, Inc.
600 Atlantic Avenue
Boston, MA 02210-2214
---------------------
(Name and address of agent for service)
(617) 722-6000
--------------
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
====================================================================================================================
Title of securities Amount to be Proposed Proposed Amount of
to be registered Registered (1)(2) Maximum Maximum Registration
Offering Price Aggregate Offering Fee
Per Share (3) Price (3)
- --------------------------------------------------------------------------------------------------------------------
Common Stock,
$.01 par value............. 666,710 shares $33.4375 $22,293,115.63 $6,756
====================================================================================================================
(1) Plus such additional number of shares as may be required pursuant to
the plans in the event of a stock dividend, split-up of shares,
recapitalization or other similar change in the Common Stock.
(2) Amount being registered relates to additional securities of the same
class as other securities for which a registration statement on this
form relating to an employee benefit plan is effective.
(3) Estimated solely for the purpose of calculating the registration fee,
in accordance with Rule 457(h)(1), on the basis of the last reported
sale price of the Registrant's Common Stock on August 7, 1998, as
reported by the New York Stock Exchange, Inc.
EXPLANATORY NOTE
On March 27, 1997, the Registrant filed a Registration Statement on
Form S-8 (file no. 33-90626), relating to 5,630,037 shares of Common Stock, $.01
par value per share (the "Common Stock"), then reserved for issuance under the
Company's 1990 Stock Option Plan, 1995 Stock Incentive Plan (as amended and in
effect from time to time, the "Stock Incentive Plan") and 1995 Employee Stock
Purchase Plan. On May 29, 1998, the Registrant filed a Registration Statement on
Form S-8 (file no. 333-28073), relating to 262,074 additional shares of Common
Stock then reserved for issuance under the Stock Incentive Plan. Each such
Registration Statement was immediately effective when filed and remains
effective.
This Registration Statement is being filed in order to register
additional shares of the Registrant's Common Stock that may be issued under the
Stock Incentive Plan. The form and contents of this Registration Statement have
been prepared in compliance with General Instruction E to Form S-8. In
accordance with said General Instruction E, the contents of said earlier
Registration Statements hereby are incorporated herein by reference.
The amount of shares being registered hereunder, consisting only of
such additional shares, has been calculated as follows:
Shares previously registered........................ 5,892,111
Shares issued.................................... (2,358,267)
Open awards (potential issuances)................ (3,455,829)
----------
Remaining balance................................... 78,015*
==========
New awards.......................................... 744,725**
Remaining balance.......................... (78,015)
----------
Additional shares to be registered......... 666,710
==========
The above share amounts are adjusted to reflect the Registrant's 3:2
stock split paid in the form of a 50% stock dividend effected December 10, 1997.
- -----------------
* Calculates as of July 31, 1998. Issuances following that date and before
the filing of this Registration Statement will not alter the remaining
balance.
** Include CEO Pool of shares which may be awarded by the Registrant's CEO
under duly delegated authority.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
The following information is included herein pursuant to General
Instruction E to Form S-8:
Item 8. Exhibits.
5.1 Opinion of John A. Benning, Esquire as to the legality of the
shares being registered.
23.1 Consent of KPMG Peat Marwick LLP.
23.2 Consent of Ernst & Young LLP.
24.1 Power of Attorney.*
99.2 The Registrant's Amended and Restated 1995 Stock Incentive Plan.**
- ------------------
* Incorporated by reference from the Registrant's Registration Statement on
Form S-3 (SEC File No. 333-20067), initially filed with the Commission on
January 21, 1997.
** Incorporated by reference from Appendix A to the Registrant's definitive
Proxy Statement dated April 11, 1997, filed with the Commission on April 8,
1997.
II-1
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Company
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 Boston, The Commonwealth of Massachusetts on August
12, 1998.
Liberty Financial Companies, Inc.
(Registrant)
By: /s/ Kenneth R. Leibler*
-----------------------------
Kenneth R. Leibler
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below on August 12, 1998 by the following
persons in the capacities indicated.
Name Capacity
- ---- --------
/s/ Kenneth R. Leibler*
- ----------------------------- Chief Executive Officer, President (Principal
Kenneth R. Leibler Executive Officer) and Director
/s/ J. Andrew Hilbert Senior Vice President and Chief Financial Officer
- -----------------------------
J. Andrew Hilbert
/s/ Gregory H. Adamian* Director
- -----------------------------
Gregory H. Adamian
/s/ Gerald E. Anderson* Director
- -----------------------------
Gerald E. Anderson
/s/ Michael J. Babcock* Director
- -----------------------------
Michael J. Babcock
/s/ Gary L. Countryman* Chairman and Director
- -----------------------------
Gary L. Countryman
/s/ Paul J. Darling, II* Director
- -----------------------------
Paul J. Darling, II
II-2
/s/ David F. Figgins* Director
- -----------------------------
David F. Figgins
/s/ John B. Gray* Director
- -----------------------------
John B. Gray
Director
- -----------------------------
John P. Hamill
/s/ Marian L. Heard* Director
- -----------------------------
Marian L. Heard
/s/ Raymond H. Hefner, Jr.* Director
- -----------------------------
Raymond H. Hefner, Jr.
/s/ Edmund F. Kelly* Director
- -----------------------------
Edmund F. Kelly
/s/ Sabino Marinella* Director
- -----------------------------
Sabino Marinella
/s/ Ray B. Mundt* Director
- -----------------------------
Ray B. Mundt
/s/ Glenn P. Strehle* Director
- -----------------------------
Glenn P. Strehle
/s/ Stephen J. Sweeney* Director
- -----------------------------
Stephen J. Sweeney
*By /s/ John A. Benning
-----------------------------
John A. Benning
Attorney-in-Fact
II-3
INDEX TO EXHIBITS
Exhibit Number
- --------------
5.1 Opinion of John A. Benning, Esquire as to the legality of the shares
being registered
23.1 Consent of KPMG Peat Marwick LLP
23.2 Consent of Ernst & Young LLP