S-8 1 tmb-20210104xs8.htm S-8

As filed with the Securities and Exchange Commission on January 4, 2021 Registration No. 333-

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933


Coherus BioSciences, Inc.

(Exact name of registrant as specified in its charter)

Delaware

2836

27-3615821

(State or other jurisdiction of
incorporation or organization)

(Primary Standard Industrial
Classification Code Number)

(I.R.S. Employer
Identification Number)

333 Twin Dolphin Drive, Suite 600

Redwood City, CA 94065

(650) 649-3530

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)


Coherus BioSciences, Inc. 2014 Equity Incentive Award Plan

Coherus BioSciences, Inc. 2014 Employee Stock Purchase Plan

(Full Title of the Plan)


Dennis M. Lanfear

President and Chief Executive Officer

Coherus BioSciences, Inc.

333 Twin Dolphin Drive, Suite 600

Redwood City, CA 94065

(650) 649-3530

(Name, address, including zip code, and telephone number, including area code, of agent for service)


Copies to:

Benjamin A. Potter, Esq.
Phillip S. Stoup, Esq.
Latham & Watkins LLP
140 Scott Drive,
Menlo Park, CA 94025
(650) 328-4600

Jean-Frédéric Viret, Ph.D.
Chief Financial Officer
333 Twin Dolphin Drive, Suite 600
Redwood City, CA 94065
(650) 649-3530

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

Accelerated filer

Non-accelerated filer

(Do not check if a smaller reporting company)

Smaller reporting company

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


CALCULATION OF REGISTRATION FEE

Proposed Maximum

Proposed Maximum

Title of Securities

Amount to be

Offering

Aggregate

Amount of

to be Registered

Registered(1)

Price Per Share

Offering Price

Registration Fee

Common Stock, par value $0.0001 per share

2,900,533(2)

$16.98(3)

$49,251,050.34

$5,373.29

Common Stock, par value $0.0001 per share

725,133(4)

$16.98(5)

$12,312,758.34

$1,343.32

Total

3,625,666

$61,563,808.68

$6,716.61

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement shall also cover any additional shares of the Registrant’s common stock that become issuable under the Coherus BioSciences, Inc. 2014 Equity Incentive Award Plan (the “2014 Plan”) and the Coherus BioSciences, Inc. 2014 Employee Stock Purchase Plan (the “ESPP”) by reason of any stock dividend, stock split, recapitalization or similar transaction effected without the Registrant’s receipt of consideration which would increase the number of outstanding shares of common stock.

(2)

Represents the additional shares of common stock available for future issuance under the Registrant’s 2014 Plan resulting from an annual increase as of January 1, 2021.

(3)

This estimate is made pursuant to Rule 457(c) and Rule 457(h) of the Securities Act solely for purposes of calculating the registration fee. The Proposed Maximum Offering Price Per Share for shares available for future grant under the 2014 Plan is the average of the high and low prices for the registrant’s common stock as reported on the Nasdaq Market on December 29, 2020, which was $16.98.

(4)

Represents the additional shares of common stock available for future issuance under the Registrant’s ESPP resulting from an annual increase as of January 1, 2021.

(5)

This estimate is made pursuant to Rule 457(c) and Rule 457(h) of the Securities Act solely for purposes of calculating the registration fee. The Proposed Maximum Offering Price Per Share for shares available for future grant under the ESPP is the average of the high and low prices for the registrant’s common stock as reported on the Nasdaq Market on December 29, 2020, which was $16.98.

Proposed sale to take place as soon after the effective date of the

registration statement as awards under the plans are exercised and/or vest.


EXPLANATORY NOTE

This Registration Statement on Form S-8 is being filed for the purpose of registering an additional 3,625,666 shares of the Registrant’s common stock issuable under the following employee benefit plans for which Registration Statements of the Registrant on Form S-8 (File Nos. 333-200593, 333-203356, 333-209936, 333-216679, 333-222700, 333-229480 and 333-236068) are effective: (i) the 2014 Equity Incentive Award Plan, as a result of the operation of an automatic annual increase provision therein, which added 2,900,533 shares of common stock, and (ii) the 2014 Employee Stock Purchase Plan, as a result of the operation of an automatic annual increase provision therein, which added 725,133 shares of common stock.

INCORPORATION BY REFERENCE OF CONTENTS OF REGISTRATION STATEMENT ON FORM S-8

Pursuant to Instruction E of Form S-8, the contents of the Registration Statements on Form S-8 filed with the Securities and Exchange Commission on November 25, 2014 (File No. 333-200593), April 10, 2015 (File No. 333-203356), March 4, 2016 (File No. 333-209936), March 14, 2017 (File No. 333-216679), January 25, 2018 (File No. 333-222700), February 1, 2019 (File No. 333-229480) and January 24, 2020 (File No. 333-236068) are incorporated by reference herein.


EXHIBIT INDEX

Incorporated by Reference

Exhibit
Number

    

Description

    

Form

    

Exhibit

    

Date Filed

    

Filed

Herewith

4.1

Amended and Restated Certificate of Incorporation of Coherus BioSciences, Inc.

8-K

3.1

11/13/2014

4.2

Amended and Restated Bylaws of Coherus BioSciences, Inc.

8-K

3.1

11/18/2020

4.3

Specimen Common Stock Certificate.

S-1/A

4.2

10/24/2014

5.1

Opinion of Latham & Watkins LLP.

X

23.1

Consent of Latham & Watkins LLP (included in Exhibit 5.1).

X

23.2

Consent of Independent Registered Public Accounting Firm.

X

24.1

Power of Attorney (included in the signature page to this registration statement).

X

99.1(a)#

Coherus BioSciences, Inc. 2014 Equity Incentive Award Plan.

S-1/A

10.11

10/24/2014

99.1(b)#

Form of Stock Option Grant Notice and Stock Option Agreement under the 2014 Equity Incentive Award Plan.

S-1/A

10.11(b)

11/4/2014

99.1(c)#

Form of Restricted Stock Award Grant Notice and Restricted Stock Award Agreement under the 2014 Equity Incentive Award Plan.

S-1/A

10.11(c)

11/4/2014

99.1(d)#

Form of Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement under the 2014 Equity Incentive Award Plan.

S-1/A

10.11(d)

11/4/2014

99.2#

Coherus BioSciences, Inc. 2014 Employee Stock Purchase Plan.

S-1/A

10.12

10/24/2014


#

Indicates management contract or compensatory plan.


SIGNATURES

Pursuant to the requirements of the Securities Act, 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 Redwood City, California, on January 4, 2021.

COHERUS BIOSCIENCES, INC.

By:

/s/ Dennis M. Lanfear

Dennis M. Lanfear

President and Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint Dennis M. Lanfear and Jean-Frédéric Viret, Ph.D., and each of them, with full power of substitution and full power to act without the other, his or her true and lawful attorney-in-fact and agent to act for him or her in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file this Registration Statement, with all exhibits thereto, and other documents in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in order to effectuate the same as fully, to all intents and purposes, as they or he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, 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 and on the date indicated.

Signature

Title

Date

/s/ Dennis M. Lanfear

Dennis M. Lanfear

Chairman, President and Chief Executive Officer (Principal Executive Officer)

January 4, 2021

/s/ Jean-Frédéric Viret, Ph.D.

Jean-Frédéric Viret, Ph.D.

Chief Financial Officer (Principal Financial and Accounting Officer)

January 4, 2021

/s/ James I. Healy, M.D., Ph.D.

James I. Healy, M.D., Ph.D.

Director

January 4, 2021

/s/ V. Bryan Lawlis, Ph.D.

V. Bryan Lawlis, Ph.D.

Director

January 4, 2021

/s/ Samuel R. Nussbaum, M.D.

Samuel R. Nussbaum, M.D.

Director

January 4, 2021

/s/ Ali J. Satvat

Ali J. Satvat

Director

January 4, 2021

/s/ Mary T. Szela

Mary T. Szela

Director

January 4, 2021

/s/ Kimberly J. Tzoumakas

Kimberly J. Tzoumakas

Director

January 4, 2021


/s/ Mats Wahlström

Mats Wahlström

Director

January 4, 2021