ARRIS GROUP, INC.
As filed with the Securities and Exchange Commission on December 21, 2007
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
ARRIS Group, Inc.
(Exact name of issuer as specified in its charter)
|
|
|
Delaware
|
|
58-2588724 |
(State or other jurisdiction of
|
|
(I.R.S. Employer |
incorporation or organization)
|
|
Identification No.) |
|
|
|
3871 Lakefield Drive |
|
|
Suwanee, Georgia
|
|
30024 |
(Address of principal executive offices)
|
|
(Zip Code) |
C-COR Amended and Restated Incentive Plan
(Full title of the plan)
Lawrence A. Margolis
ARRIS Group, Inc.
3871 Lakefield Drive
Suwanee, Georgia 30024
(678) 473-2000
(Name, address and telephone number, including area code, of agent for service)
The Commission is requested to mail signed copies of all orders, notices and communications to:
W. Brinkley Dickerson, Jr.
Troutman Sanders LLP
600 Peachtree Street, Suite 5200
Atlanta, Georgia 30308-2216
(404) 885-3000
CALCULATION OF REGISTRATION FEE
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proposed maximum |
|
|
Proposed |
|
|
|
|
|
Title of each class of |
|
|
Amount to be |
|
|
offering price per |
|
|
maximum aggregate |
|
|
Amount of |
|
|
securities to be registered |
|
|
registered(1)(2) |
|
|
share(3) |
|
|
offering price |
|
|
registration fee |
|
|
Common Stock, par value $0.01(4) |
|
|
4,711,150 shares |
|
|
$9.80 |
|
|
$46,169,270 |
|
|
$1,418 |
|
|
|
|
|
(1) |
|
Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the Securities Act),
this registration statement also includes an indeterminate number of additional shares that may be
offered and issued to prevent dilution resulting from stock splits, stock dividends or similar
transactions. |
|
(2) |
|
Represents shares subject to assumed outstanding share options as of December 14, 2007 under
the C-COR Amended and Restated Incentive Plan assumed by ARRIS Group, Inc. in connection with its
acquisition of C-COR Incorporated. |
|
(3) |
|
Estimated solely for the purpose of calculating the registration fee, in accordance with Rule
457 (h)(1) under the Securities Act, on the basis of the average of the high and low sales prices
of $9.97 and $9.63 per share for ARRIS Group, Inc. common stock (Common Stock) (ticker symbol
ARRS) as reported on the Nasdaq Global Select Market on December 20, 2007. |
|
(4) |
|
Includes Preferred Stock Purchase Rights. Prior to the occurrence of certain events, the
Rights will not be exercisable or evidenced separately from the Common Stock. |
|
Explanatory Note
On December 14, 2007, ARRIS Group, Inc. (ARRIS or the Company) completed its acquisition
of C-COR Incorporated. As part of the acquisition, ARRIS assumed all outstanding C-COR options
granted under the C-COR Amended and Restated Incentive Plan. This Registration Statement is being
filed to register the shares of ARRIS common stock issuable under the assumed options outstanding
as of December 14, 2007 under the C-COR Amended and Restated Incentive Plan.
TABLE OF CONTENTS
Part I Information Required in the Section 10(a) Prospectus
Item 1.
The documents constituting Part I of this registration statement have been or will be sent or
given to participants as specified by Rule 428 (b)(1) under the Securities Act. These documents
and the documents incorporated by reference into this registration statement, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
Item 2.
Upon written or oral request, ARRIS will provide, without charge, the documents incorporated
by reference in Item 3 of Part II of this registration statement which are incorporated by
reference in the Section 10(a) prospectus. The Company will also provide, without charge, upon
written or oral request, other documents required to be delivered to employees pursuant to Rule
428(b) under the Securities Act. Requests for the above mentioned information should be directed to
Vice President of Human Resources, ARRIS Group, Inc., 3871 Lakefield Drive, Suwanee, Georgia 30024,
telephone number (678) 473-2000.
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 are hereby
incorporated by reference into this registration statement as of their respective dates of filing:
(a) the Companys Annual Report on Form 10-K for the period ending December 31, 2006;
(b) the Companys Quarterly Reports on Form 10-Q for the periods ending March 31, 2007, June
30, 2007 and September 30, 2007;
(c) the Companys Current Reports on Form 8-K, filed on January 19, 2007, February 21, 2007,
March 13, 2007, September 24, 2007, October 24, 2007, November 14, 2007, November 15, 2007 and
December 20, 2007;
(d) the description of the Companys Common Stock, par value $0.01, contained in the Companys
Registration Statement on Form 8-A, as filed on August 3, 2001, as amended by the Companys
Registration Statement on Form 8-A/A as filed on August 7, 2001, including any amendments or
reports filed for the purpose of updating such descriptions; and
(e) the description of the Companys preferred stock purchase rights contained in the
Companys Registration Statement on Form 8-A/A, as filed on October 3, 2002, including any
amendments or reports filed for the purpose of updating such description.
All documents filed subsequent to the date of this registration statement by the Company
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 (the
Exchange
Act) prior to the filing of a post-effective amendment hereto which indicates that all securities
offered hereby have been sold or which deregisters any securities then remaining unsold, shall also
be deemed to be incorporated by reference in this registration statement and to be a part hereof
from their respective dates of filing.
Any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for purposes of this registration statement to
the extent that a statement contained herein, or in any other subsequently filed document that also
is or is deemed to be incorporated by reference herein, modifies or supersedes such statement. Any
statement contained in this registration statement shall be deemed to be modified or superseded to
the extent that a statement contained in a subsequently filed document which is or is deemed to be
incorporated by reference herein modifies or supersedes such 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.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
The Company is a Delaware corporation. Reference is made to Section 145 of the Delaware
General Corporation Law, as amended (the DGCL), which provides that a corporation may indemnify
any person who was or is a party or is threatened to be made a party to any threatened, pending or
completed action or proceeding, whether civil, criminal, administrative or investigative (other
than an action by or in the right of such corporation), by reason of the fact that such person is
or was a director, officer, employee or agent of the corporation, or is or was serving at its
request in such capacity of another corporation or business organization against expenses
(including attorneys fees), judgments, fines and amounts paid in settlement actually and
reasonably incurred by such person in connection with such action, suit or proceeding if such
person acted in good faith and in a manner such person reasonably believed to be in or not opposed
to the best interest of the corporation, and, with respect to any criminal action or proceeding,
had no reasonable cause to believe that such persons conduct was unlawful. A Delaware corporation
may indemnify officers and directors in any action by or in the right of a corporation under the
same conditions, except that no indemnification is permitted without judicial approval if the
officer or director is adjudged to be liable to the corporation. Where an officer or director is
successful on the merits or otherwise in the defense of any action referred to above, the
corporation must indemnify him against the expenses (including attorneys fees) that such officer
or director actually and reasonably incurred.
Reference is also made to Section 102(b)(7) of the DGCL, which permits a corporation to
provide in its certificate of incorporation that a director of the corporation shall not be
personally liable to the corporation or its stockholders for monetary damages for breach of
fiduciary duty as a director, except for liability (i) for any breach of the directors duty of
loyalty to the corporation or its stockholders, (ii) for acts or omissions not in good faith or
which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the
DGCL (having to do with unlawful payment of dividends or unlawful stock purchase redemptions) or
(iv) for any transaction from which the director derived an improper personal benefit.
The certificate of incorporation of the Company provides for the elimination of personal
liability of a director for breach of fiduciary duty as permitted by Section 102(b)(7) of the DGCL
and the by-laws of the Company provide that the Company shall indemnify its directors and officers
to the full extent permitted by Section 145 of the DGCL.
The Company has directors and officers liability insurance that insures the directors and
officers of the Company against certain liabilities.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
The following exhibits are filed as part of this registration statement:
|
|
|
|
|
Exhibit |
Number |
|
|
|
|
|
|
4.1 |
|
|
C-COR Amended and Restated Incentive Plan (incorporated by
reference from the Definitive Proxy Statement of C-COR Incorporated filed on
September 8, 2004), as amended by Amendment 2007-1 to the
Amended and Restated Incentive Plan (incorporated by reference from
Exhibit 10.1 to the Current Report on Form 8-K for C-COR
Incorporated filed on October 12, 2007). |
|
|
|
|
|
|
5.1 |
|
|
Opinion of Troutman Sanders LLP. |
|
|
|
|
|
|
23.1 |
|
|
Consent of Ernst & Young LLP. |
|
|
|
|
|
|
23.2 |
|
|
Consent of KPMG LLP. |
|
|
|
|
|
|
23.3 |
|
|
Consent of Troutman Sanders LLP (included in the opinion filed as
Exhibit 5.1). |
|
|
|
|
|
|
24.1 |
|
|
Power of Attorney (included in the signature page of this
registration statement). |
Item 9. Undertakings.
|
(a) |
|
Rule 415 offerings. 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; |
|
|
(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. Notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Securities and
Exchange Commission (the Commission) pursuant to Rule 424(b) if, in the
aggregate, the changes in volume and price represent no more than 20 percent
change in the maximum aggregate offering price set forth in the Calculation
of Registration Fee table in the effective registration statement; |
|
|
(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 registration
statement is on Form S-8, and the information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or furnished to the Commission by
the registrant pursuant to Section 13 or 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, 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 any 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, each filing of the registrants annual report pursuant to Section 13(a) or Section
15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plans 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) Filing of registration statement on Form S-8. 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 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.
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 Suwanee, Georgia, on this 21st day of December, 2007.
|
|
|
|
|
|
ARRIS Group, Inc.
|
|
|
By: |
/s/ Robert J. Stanzione
|
|
|
|
Robert J. Stanzione |
|
|
|
Chairman and Chief Executive Officer |
|
|
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes
and appoints Robert J. Stanzione, Lawrence A. Margolis and David B. Potts, and each of them, such
persons true and lawful attorney-in-fact and agent, with full powers of substitution and
resubstitution, for such person and in his or her name, place and stead, in any and all capacities,
to sign any and all amendments to this registration statement (including any post-effective
amendments thereto), and to file the same, with all exhibits thereto, and other documents in
connection therewith with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and to perform each and every act and
thing requisite and necessary to be done in and about the premises, as fully and to all intents and
purposes as he or she might or would do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or their substitutes may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act, this registration statement, has been
signed by the following persons in the capacities indicated below on this 21st day of December,
2007.
|
|
|
Signature |
|
Title |
|
|
|
/s/ Robert J. Stanzione
Robert J. Stanzione
|
|
Chief Executive Officer (Principal Executive
Officer) and Chairman of the Board |
|
|
|
/s/ David B. Potts
David B. Potts
|
|
Executive Vice President, Chief Financial
Officer (Principal Financial and Accounting
Officer) and Chief Information Officer |
|
|
|
/s/ David A. Woodle
David A. Woodle
|
|
Director |
|
|
|
|
|
Director |
Alex B. Best |
|
|
|
|
|
Signature |
|
Title |
|
|
|
|
|
Director |
Harry L. Bosco |
|
|
|
|
|
/s/ John (Ian) Anderson Craig
|
|
Director |
John (Ian) Anderson Craig |
|
|
|
|
|
|
|
Director |
Matthew B. Kearney |
|
|
|
|
|
|
|
Director |
William H. Lambert |
|
|
|
|
|
|
|
Director |
John R. Petty |
|
|
Exhibit Index
|
|
|
|
|
Exhibit |
Number |
|
|
|
|
|
|
4.1 |
|
|
C-COR Amended and Restated Incentive Plan (incorporated by reference from the Definitive
Proxy Statement of C-COR Incorporated filed on September 8,
2004), as amended by Amendment 2007-1 to the Amended and Restated
Incentive Plan (incorporated by reference from Exhibit 10.1 to
the Current Report on Form 8-K of C-COR Incorporated filed on
October 12, 2007). |
|
|
|
|
|
|
5.1 |
|
|
Opinion of Troutman Sanders LLP. |
|
|
|
|
|
|
23.1 |
|
|
Consent of Ernst & Young LLP. |
|
|
|
|
|
|
23.2 |
|
|
Consent of KPMG LLP. |
|
|
|
|
|
|
23.3 |
|
|
Consent of Troutman Sanders LLP (included in the opinion filed as Exhibit 5.1). |
|
|
|
|
|
|
24.1 |
|
|
Power of Attorney (included in the signature page of this registration statement). |