S-8 1 form_s-8.htm QUICKSILVER RESOURCES INC. FORM S-8 REGISTRATION STATEMENT form_s-8.htm
As filed with the Securities and Exchange Commission on August 10, 2009
Registration No. 333-_______
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM S-8
 
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
QUICKSILVER RESOURCES INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
  
75-2756163
(State or Other Jurisdiction of
Incorporation or Organization)
  
(I.R.S. Employer
Identification Number)
 
777 West Rosedale Street
Fort Worth, Texas 76104
(817) 665-5000
(Address of Principal Executive Offices)
  
 
Quicksilver Resources Inc. Third Amended and Restated 2006 Equity Plan
(Full Title of the Plan)
 
Glenn Darden
777 West Rosedale Street
Fort Worth, Texas 76104
(817) 665-5000
(Name and Address of Agent For Service)
Copies to:
John C. Cirone, Esq.
Senior Vice President, General Counsel
and Secretary
Quicksilver Resources Inc.
777 West Rosedale Street
Fort Worth, Texas 76104
(817) 665-5000
Kyoko Takahashi Lin, Esq.
Davis Polk & Wardwell LLP
450 Lexington Avenue
New York, New York 10017
(212) 450-4000
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
 
  Large accelerated filer x    
Accelerated filer
 o  
  Non-accelerated filer o (Do not check if a smaller reporting company)  
Smaller reporting company
 o  
 
CALCULATION OF REGISTRATION FEE
Title of Each Class
of Securities to be Registered
Amount to be
Registered
(1)
Proposed Maximum
Offering Price per
Share (2)
Proposed Maximum
Aggregate Offering
Price
Amount of
Registration Fee
Common Stock, par value $0.01 per share, and associated rights (3) 7,459,599  $11.75  $87,650,288  $4,891
 
(1)
Represents the maximum number of shares of common stock of the registrant, $0.01 par value, issuable pursuant to our Third Amended and Restated 2006 Equity Plan (the “Plan”). Pursuant to Rule 416 of the General Rules and Regulations under the Securities Act of 1933, as amended (the “Securities Act”), there are also registered hereunder such indeterminate number of additional shares as may become subject to awards under our Plan as a result of the antidilution provisions contained therein.
 
(2)
The registration fee with respect to these shares has been computed in accordance with paragraphs (c) and (h) of Rule 457 of the General Rules and Regulations under the Securities Act, based upon the average of the reported high and low sale prices of shares of the common stock on the New York Stock Exchange on August 7, 2009.
 
(3)
Also being registered are rights to purchase shares of Series A Junior Participating Preferred Stock, which are attached to the shares of common stock being registered. These rights, if issued, will be issued for no additional consideration. Pursuant to Rule 457(g) of the General Rules and Regulations under the Securities Act, no additional registration fee is required in connection with the registration of the rights.
 
 
 
 
 
EXPLANATORY NOTE
 
A Registration Statement was filed on May 24, 2006 (Registration No. 333-134430) (the “Prior Registration Statement”) to register under the Securities Act, among other things, 7 million shares of Quicksilver Resources Inc. (the “Company”) common stock, par value $0.01 per share (the “Common Stock”), under the Plan.  In January 2008, the Company effected a two-for-one stock split.  The Third Amended and Restated 2006 Equity Plan, among other things, increases the number of shares available for issuance under the Plan to 15 million shares.  The contents of the Prior Registration Statement are incorporated by reference in this Registration Statement on Form S-8 (this “Registration Statement”).  This Registration Statement has been prepared and filed pursuant to and in accordance with the requirements of General Instruction E to Form S-8 for the purpose of effecting the registration under the Securities Act of an additional 7,459,599 shares of Common Stock issued pursuant to awards granted, or to be granted, under the Plan at any time or from time to time.
 
 
PART II
 
 
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
 
Item 5. Interests of Named Experts and Counsel.
 
The validity of the shares of common stock offered under this registration statement is being passed upon for the Company by John C. Cirone, Esq., Senior Vice President, General Counsel and Secretary of the Company.   Mr. Cirone is an officer and employee of the Company and, as such, participates in certain of the Company’s benefit plans, including the Plan.
 
Item 6. Indemnification of Directors and Officers.
 
Section 145 of the Delaware General Corporation Law provides that a corporation may indemnify directors and officers as well as other employees and individuals against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with any threatened, pending or completed actions, suits or proceedings in which such person is made a party by reason of such person being or having been a director, officer, employee or agent to the corporation.  The Delaware General Corporation Law provides that Section 145 is not exclusive of other rights to which those seeking indemnification may be entitled under any bylaw, agreement, vote of shareholders or disinterested directors or otherwise. Our amended and restated certificate of incorporation and bylaws provide for indemnification of directors and officers to the fullest extent permitted by Section 145 of the Delaware General Corporation Law.  We have also entered into indemnification agreements with our directors and officers that provide them with indemnification to the fullest extent permitted by Section 145 of the Delaware General Corporation Law.

Section 102(b)(7) of the Delaware General Corporation Law 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 shareholders for monetary damages for breach of fiduciary duty as a director, except for liability (i) for any breach of the director’s duty of loyalty to the corporation or its shareholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for unlawful payments of dividends or unlawful stock repurchases, redemptions or other distributions, or (iv) for any transaction from which the director derived an improper personal benefit.  Our amended and restated certificate of incorporation provides for such limitation of liability.

We maintain standard policies of insurance under which coverage is provided to our directors and officers against loss rising from claims made by reason of breach of duty or other wrongful act.

The above discussion of our amended and restated certificate of incorporation, bylaws, indemnification agreements and Sections 102(b)(7) and 145 of the Delaware General Corporation Law is not intended to be exhaustive and is qualified in its entirety by such amended and restated certificate of incorporation, bylaws, indemnification agreements and statutes.
 
Item 8. Exhibits.
 
Exhibit Number
  
Description
4.1
  
Amended and Restated Certificate of Incorporation of Quicksilver Resources Inc. (filed as Exhibit 4.1 to our Form S-3 filed June 23, 2008 and included herein by reference)
4.2   Amended and Restated Bylaws of Quicksilver Resources Inc. (filed as Exhibit 3.1 to our Form 8-K filed November 16, 2007 and included herein by reference)
4.3   Amended and Restated Rights Agreement, dated as of December 20, 2005, between Quicksilver Resources Inc. and Mellon Investor Services LLC, as Rights Agent (filed as Exhibit 4.1 to our Form 8 A/A filed December 21, 2005 and included herein by reference)
5.1   Opinion of John C. Cirone, Senior Vice President, General Counsel and Secretary of Quicksilver Resources Inc.
23.1   Consent of Deloitte & Touche LLP
23.2   Consent of Deloitte & Touche LLP
23.3   Consent of Deloitte & Touche LLP
23.4   Consent of Deloitte & Touche LLP
23.5   Consent of PricewaterhouseCoopers LLP
23.6   Consent of Schlumberger Data and Consulting Services
23.7   Consent of LaRoche Petroleum Consultants, Ltd.
23.8   Consent of Schlumberger Data and Consulting Services
23.9   Consent of Netherland Sewell & Associates, Inc.
23.10   Consent of John C. Cirone (included in Exhibit 5.1)
24.1   Power of Attorney (included in signature page)
99.1   Quicksilver Resources Inc. Third Amended and Restated 2006 Equity Plan
 
 
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 Fort Worth, County of Tarrant, State of Texas, on August 10, 2009.
 
  QUICKSILVER RESOURCES INC.  
       
 
By:
 /s/ Philip Cook  
    Philip Cook  
    Senior Vice President - Chief Financial Officer  
       
 
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Glenn Darden, Philip Cook and John C. Cirone, and each of them, the true and lawful attorneys-in-fact of the undersigned, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign this Registration Statement and any or all amendments to this Registration Statement, including post-effective amendments, and registration statements filed pursuant to Rules 413 or 462 under the Securities Act of 1933, and to file or cause to filed the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys or attorneys-in-fact or any of them or their substitute or substitutes may lawfully do or cause to be done by virtue hereof.
 
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
 
SIGNATURE
  
TITLE
  
DATE
         
/s/ Thomas F. Darden
  
 
  
August 10, 2009
Thomas F. Darden
   Chairman of the Board and Director     
         
/s/ Glenn Darden
  
 
  
August 10, 2009
Glenn Darden
  
President, Chief Executive Officer and Director
    
         
/s/ Philip Cook
  
 
  
August 10, 2009
Philip Cook
    Senior Vice President - Chief Financial Officer    
         
/s/ John C. Regan       
August 10, 2009
John C. Regan    Vice President, Controller and Chief Accounting Officer      
         
/s/ Anne Darden Self       
August 10, 2009
Anne Darden Self   Director    
         
/s/ W. Byron Dunn      
August 10, 2009
W. Byron Dunn   Director    
         
/s/ Steven M. Morris       August 10, 2009
Steven M. Morris   Director  
 
         
/s/ W. Yandell Rogers, III      
August 10, 2009
W. Yandell Rogers, III   Director   
 
         
/s/ Mark J. Warner      
August 10, 2009
Mark J. Warner   Director    
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit Number
  
Description
4.1
  
Amended and Restated Certificate of Incorporation of Quicksilver Resources Inc. (filed as Exhibit 4.1 to our Form S-3 filed June 23, 2008 and included herein by reference)
4.2   Amended and Restated Bylaws of Quicksilver Resources Inc. (filed as Exhibit 3.1 to our Form 8-K filed November 16, 2007 and included herein by reference)
4.3   Amended and Restated Rights Agreement, dated as of December 20, 2005, between Quicksilver Resources Inc. and Mellon Investor Services LLC, as Rights Agent (filed as Exhibit 4.1 to our Form 8 A/A filed December 21, 2005 and included herein by reference)
5.1   Opinion of John C. Cirone, Senior Vice President, General Counsel and Secretary of Quicksilver Resources Inc.
23.1   Consent of Deloitte & Touche LLP
23.2   Consent of Deloitte & Touche LLP
23.3   Consent of Deloitte & Touche LLP
23.4   Consent of Deloitte & Touche LLP
23.5   Consent of PricewaterhouseCoopers LLP
23.6   Consent of Schlumberger Data and Consulting Services
23.7   Consent of LaRoche Petroleum Consultants, Ltd.
23.8   Consent of Schlumberger Data and Consulting Services
23.9   Consent of Netherland Sewell & Associates, Inc.
23.10   Consent of John C. Cirone (included in Exhibit 5.1)
24.1   Power of Attorney (included in signature page)
99.1   Quicksilver Resources Inc. Third Amended and Restated 2006 Equity Plan