-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, hZIB/fJ6BSaf1gSkq+umeryfbZJ1r161aelHUk4fTWxE0iFBRMs3TSDQI1zhHwee YXBMGh8wpD5MOEgdcST5GQ== 0000350797-94-000020.txt : 19940609 0000350797-94-000020.hdr.sgml : 19940609 ACCESSION NUMBER: 0000350797-94-000020 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940608 EFFECTIVENESS DATE: 19940627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EATON VANCE CORP CENTRAL INDEX KEY: 0000350797 STANDARD INDUSTRIAL CLASSIFICATION: 6282 IRS NUMBER: 042718215 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 033-54035 FILM NUMBER: 94533402 BUSINESS ADDRESS: STREET 1: 24 FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6174828260 S-8 1 FORM S-8 EATON VANCE CORP. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Eaton Vance Corp. (Exact name of issuer as specified in its charter) Maryland 04-2718215 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 24 Federal Street Boston, Massachusetts 02110 (Address of Principal Executive Offices) (Zip Code) 1984 Incentive Stock Option Plan (Full title of the plan) Pamela Wilson, Esq. c/o Hale and Dorr 60 State Street Boston, Massachusetts 02109 (Name and address of agent for service) (617) 526-6371 (Telephone number, including area code, of agent for service) CALCULATION OF REGISTRATION FEE ________________________________________________________________ Title of Proposed Proposed securities Amount to maximum maximum Amount of to be be offering price aggregate registration registered registered per share offering price fee Non-Voting 10,500 $27.375 $287,537.50 $99.12 Common Stock, $.0625 par value _______________ (1) Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act of 1933, as amended, upon the basis of the average of the high and low sale prices of the Registrant's Non-Voting Common Stock as reported on the Nasdaq National Market System on June 1, 1994. Page 1 of 15 pages. Exhibit Index begins on page 14. PROSPECTUS 10,500 SHARES EATON VANCE CORP. NON-VOTING COMMON STOCK This Prospectus relates to 10,500 shares (the "Shares") of Non-Voting Common Stock, $.0625 par value per share (the "Non-Voting Common Stock"), of Eaton Vance Corp. ("Eaton Vance" or the "Company") being offered from time to time by a shareholder of the Company or his legatees, heirs or legal representatives (the "Selling Shareholder"), who may or may not be deemed an "affiliate" of the Company, as defined in Rule 405 of the General Rules and Regulations under the Securities Act of 1933, as amended (the "Securities Act"), and who has purchased the Shares upon the exercise of options acquired pursuant to certain of the Company's stock option plans. The shares have no voting rights. The Company will not receive any of the proceeds from the sale of the shares by the Selling Shareholder. The Shares are expected to be offered from time to time in one or more brokerage transactions at market prices. The average of the high and low sale prices of the Non- Voting Common Stock reported on the NASDAQ National Market System on June 1, 1994 was $27.375. This Prospectus also covers such additional shares as may be issuable to the Selling Shareholder in the event of a stock dividend, stock split, recapitalization or other similar change in the Non-Voting Common Stock. The executive offices of the Company are located at 24 Federal Street, Boston, Massachusetts 02110; its telephone number is 617-482-8260. THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION NOR HAS THE COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Neither the delivery of this Prospectus nor any sales made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since the date hereof or the dates as of which information is set forth herein. No person has been authorized to give any information or to make any representations, other than as contained herein, in connection with the offer contained in the Prospectus, and if given or made, such information or representations must not be relied upon. This Prospectus does not constitute an offer to sell or a solicitation of an offer to buy the Shares by any person in any jurisdiction in which it is unlawful for such person to make such an offer or solicitation. The date of this Prospectus is June 8, 1994. Available Information The Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and, in accordance therewith, files reports and other information with the Securities and Exchange Commission (the "Commission"). Reports and other information filed by the Company with the Commission pursuant to the informational requirements of the Exchange Act may be inspected and copied at the public reference facilities maintained by the Commission at 450 Fifth Street, N.W., Washington, D.C. 20549, and at the following Regional Offices of the Commission: New York Regional Office, 7 World Trade Center, Suite 1300, New York, New York 10048; and Chicago Regional Office, 500 West Madison Street, Suite 1400, Chicago, Illinois 60661-2511. Copies of such material may be obtained from the Public Reference Section of the Commission at 450 Fifth Street, N.W., Washington D.C. 20549, at prescribed rates. In addition, reports, proxy statements and other information concerning the Company can be inspected and copied at the Boston Stock Exchange, One Boston Place, Boston, Massachusetts. Incorporation of Certain Documents By Reference The Company is subject to the informational and reporting requirements of Sections 13(a), 14 and 15(d) of the Exchange Act, and in accordance therewith files reports, proxy statements and other information with the Commission. The following documents, which are filed with the Commission, are incorporated in this Prospectus by reference: (1) The Company's latest annual report filed pursuant to Section 13(a) or 15(d) of the Exchange Act, or the latest prospectus filed pursuant to Rule 424(b) under the Securities Act, that contains audited financial statements for the Company's latest fiscal year for which such statements have been filed. (2) All other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by the document referred to in (1) above. (3) The description of the Non-Voting Common Stock contained in a registration statement filed under the Exchange Act, including any amendment or report filed for the purpose of updating such description. All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act prior to the filing of a post-effective amendment which indicates that all shares of Non-Voting Common Stock offered hereby have been sold and/or which deregisters all shares of Non-Voting Common Stock then remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from the date of the filing of such documents. The Company will furnish without charge to each person, including any beneficial owner, to whom this Prospectus is delivered, upon the request of such person, a copy of any or all of the documents incorporated herein by reference, other than exhibits to such documents. Requests should be addressed to: Treasurer, Eaton Vance Corp., 24 Federal Street, Boston, Massachusetts 02110, (617) 482-8260. The Company Eaton Vance Corp., a Maryland corporation (the "Company"), is the issuer of the Shares of Non-Voting Common Stock, $.0625 par value per share, covered by this Prospectus. The principal offices of the Company are located at 24 Federal Street, Boston, Massachusetts 02110, and its telephone number is (617) 482-8260. Selling Shareholder The Selling Shareholder was an employee of the Company, Eaton Vance Management, a Massachusetts business trust, and acquired the shares of the Company's Non-Voting Common Stock being offered hereunder pursuant to certain of the Company's stock option plans. (See "DESCRIPTION OF COMMON STOCK".) Although the Selling Shareholder is eligible to sell all of the Shares covered by this Prospectus, he does not necessarily have any present intention to sell all such Shares. A total of 10,500 shares is available for sale under this Prospectus as follows: Total Amount/ Shares of Percentage Non-Voting of Non- Voting Common Common Stock Stock to be owned owned Amount after Position with prior to being completion Name the Company offering offered of offering Daniel T. MacLellan Former Vice 10,500 10,500 0/0% President Plan of Distribution The Shares may be offered and sold from time to time directly by the Selling Shareholder in one or more brokerage transactions. The Selling Shareholder will act independently of the Company in making decisions with respect to the timing, manner and size of each sale. The Selling Shareholder may from time to time offer the Shares through underwriters, dealers or agents. The distribution of the Shares by the Selling Shareholder may be effected from time to time in one or more transactions that may take place on one or more exchanges or in the over-the-counter market, including ordinary broker's transactions, privately- negotiated transactions or through sales to one or more broker-dealers for resale of such securities as principals, at market prices prevailing at the time of sale, at prices related to such market prices or at negotiated prices. Usual and customary or specifically negotiated brokerage fees or commissions may be paid by the Selling Shareholder in connection with such sales. The Company has been advised by the Selling Shareholder that he has not, as of the date hereof, entered into any arrangement with a broker-dealer for the sale of Shares through a block trade, special offering, exchange distribution or secondary distribution of a purchase by a broker-dealer. In effecting sales, broker-dealers engaged by the Selling Shareholder may arrange for other broker- dealers to participate. Broker-dealers may receive commissions or discounts from the Selling Shareholder in amounts to be negotiated immediately prior to the sale. In offering the Shares, the Selling Shareholder and any broker-dealers and any other participating broker-dealers who execute sales for the Selling Shareholder may be deemed to be "underwriters" within the meaning of the Securities Act in connection with such sales, and any profits realized by the Selling Shareholder and the compensation of such broker-dealers may be deemed to be underwriting discounts and commissions. In addition, any Shares covered by this Prospectus which qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather than pursuant to this Prospectus. The Selling Shareholder has advised the Company that during such time as he may be engaged in a distribution of the Shares he will comply with Rules 10b-2, 10b-6 and 10b-7 under the Exchange Act (as those Rules are described in more detail below) and, in connection therewith, the Selling Shareholder has agreed not to engage in any stabilization activity in connection with the Company's securities, to furnish to each broker-dealer through which the Shares may be offered copies of this Prospectus, and not to bid for or purchase any securities of the Company or attempt to induce any person to purchase any of the Company's securities except as permitted under the Exchange Act. The Selling Shareholder has also agreed to inform the Company when the distribution of his Shares is completed. Rule 10b-2 under the Exchange Act prohibits persons who are participating in or financially interested in a distribution of securities from making payments to another person for the solicitation of a third party to purchase the securities that are the subject of the distribution, except that Rule 10b-2 does not apply, among other exceptions, to brokerage transactions not involving solicitation of customer orders. Rule 10b-6 under the Exchange Act prohibits participants in a distribution from bidding for or purchasing, for an account in which the participant has a beneficial interest, any of the securities that are the subject of the distribution. Rule 10b-7 governs bids and purchases made in order to stabilize the price of a security in connection with a distribution of the security. The public offering of the Shares by the Selling Shareholder will terminate on the date on which all Shares offered hereby have been sold by the Selling Shareholder, or on such earlier date on which the Company files a post- effective amendment which deregisters all Shares then remaining unsold. The Company will pay certain expenses incidental to the offering and sale of the Shares to the public estimated to be approximately $1,500. The Company will not pay for, among other expenses, selling expenses, underwriting discounts or fees and expenses of counsel for the Selling Shareholder. Description of Common Stock The Company is authorized to issue 11,920,000 shares of Non-Voting Common Stock, $.0625 par value. The Company's Articles of Incorporation provide that these shares shall not have voting rights under any circumstances whatsoever. These shares are registered pursuant to Section 12 of the Exchange Act and are traded on the NASDAQ National Market System and on the Boston Stock Exchange. It is sales of Shares of the Company's Non-Voting Common Stock to which this Registration Statement relates. These sales, by a former employee of the Company, are of previously unregistered Shares acquired pursuant to various stock option plans established by the Company. Bank of Boston is the Transfer Agent for the Company's Non-Voting Common Stock. The Company is also authorized to issue 80,000 shares of Voting Common Stock, $.0625 par value. Each share of Voting Common Stock is entitled to participate pro rata in distributions upon liquidation and to one vote on all matters submitted to a vote of stockholders. Dividends may be paid to the holders of Voting Common Stock when and if declared by the Board of Directors out of any funds legally available therefor. Holders of Voting Common Stock have no preemptive or similar rights nor do they have cumulative voting rights. The outstanding shares of Voting Common Stock are fully paid and nonassessable. This stock is not publicly traded and is held by five Voting Trustees pursuant to a Voting Trust more fully described in the Company's Annual Report on From 10-K, which is incorporated herein by reference. Experts The consolidated financial statements and the related supplemental schedules incorporated in this prospectus by reference from the Company's Annual Report on Form 10-K have been audited by Deloitte & Touche, independent public accountants, as set forth in their report included therein, which is incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference in reliance upon such report given upon the authority of that firm as experts in accounting and auditing. Recent Developments There have been no material changes in the Company's affairs since its Annual Report on Form 10-K for the year ended October 31, 1993 which have not been described in a Quarterly Report on Form 10-Q or a periodic report on Form 8-K. See "Incorporation of Certain Documents by Reference." PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT Item 3. Incorporation of Certain Documents by Reference. Eaton Vance Corp., a Maryland corporation (the "Registrant"), is subject to the informational and reporting requirements of Sections 13(a), 14, and 15(d) of the Securities Exchange Act of 1934 (as amended, the "Exchange Act"), and in accordance therewith files reports, proxy statements and other information with the Securities and Exchange Commission. The following documents, which are filed with the Securities and Exchange Commission, are incorporated in the Prospectus contained in this Registration Statement by reference: (1) The Registrant's latest annual report filed pursuant to Section 13(a) or 15(d) of the Exchange Act, or the latest prospectus filed pursuant to Rule 424(b) under the Securities Act of 1933 (as amended, the "Securities Act"), that contains audited financial statements for the Registrant's latest fiscal year for which such statements have been filed. (2) All other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by the document referred to in (1) above. (3) The description of the Non-Voting Common Stock, par value $.0625 per share ("Common Stock"), contained in a registration statement filed under the Exchange Act, including any amendment or report filed for the purpose of updating such description. All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act prior to the filing of a post-effective amendment which indicates that all shares of Common Stock offered hereby have been sold or which deregisters all shares of Common Stock then remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from the date of the filing of such documents. Item 4. Description of Securities. Not applicable. Item 5. Interests of Named Experts and Counsel. Not applicable. Item 6. Indemnification of Directors and Officers. Article NINTH, section (8) of the Company's Articles of Incorporation provides that, to the extent permitted by the laws of Maryland, the Company shall indemnify any person that (a) is serving as a director or officer of the Company, (b) any person that has served as an officer or director of the Company, and (c) any person who at the request of the Company is serving or has served as a director, officer, trustee, partner, employee, agent or other representative of another corporation, joint stock company, syndicate, association, firm, trust, partnership or other entity, against all liabilities and expenses, including without limitation attorneys' fees and judgments, penalties, fines and amounts paid in settlement, reasonably incurred by such person in connection with any threatened, pending or completed action, suit, or other proceeding, whether civil, criminal, administrative, investigative or legislative, in which such person may be involved or with which he may be threatened by reason of serving or having served in such position. Indemnification requires a determination made in accordance with applicable statutory standards by the Board of Directors or by independent legal counsel (who may be regular counsel to the Company) or by the holders of not less than a majority of the total number of shares of Common Stock of the Company then outstanding. Article NINTH, section (8) of the Company's Articles of Incorporation provides that the indemnification right provided therein is not exclusive of and will not otherwise affect any other rights to which such person may be entitled (whether under any law, By-Law, agreement, director vote, stockholder vote or otherwise), shall inure to the benefit of such person's heirs, executors, administrators and personal representatives, and shall continue as to a person who has ceased to serve in such position. Item 7. Exemption from Registration Claimed. Not applicable. Item 8. Exhibits. The following is a list if exhibits filed as part of this Registration Statement. Exhibits 4.1 Specimen certificate representing the Non-Voting Common Stock incorporated by reference from Exhibit 4.1 to the Registration Statement on Form S-8 of the Registrant filed with the Commission on March 8, 1994. 24.2 Consent of Deloitte & Touche, independent accountant filed herewith. 25.1 Power of Attorney (included in the signature pages of this Registration Statement). Item 9. Undertakings. 1. The Company hereby undertakes: (a) 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; and (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 (i) and (ii) do not apply if the registration statement is on Form S-3 or Form S-8 and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the Company pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement. (b) 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. (c) 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. 2. The Company hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Company's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's 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 in the initial bona fide offering thereof. 3. 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 Securities and Exchange 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 of 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 Boston, Commonwealth of Massachusetts, on this 6th day of June, 1994. EATON VANCE CORP. By: /s/M. Dozier Gardner M. Dozier Gardner President POWER OF ATTORNEY We, the undersigned officers and directors of Eaton Vance Corp., hereby severally constitute and appoint H. Day Brigham, Jr., and Thomas Otis, and each of them singly, our true and lawful attorneys with full power to any of them, and to each of them singly, to sign for us and in our names in the capacities indicated below the Registration Statement on Form S-8 filed herewith and any and all amendments to said Registration Statement and generally to do all such things in our name and behalf in our capacities as officers and directors to enable Eaton Vance Corp. to comply with the provisions of the Securities Act of 1933, as amended, and all requirements of the Securities and Exchange Commission, hereby ratifying and confirming our signatures as they may be signed by our said attorneys, or any of them, to said Registration Statement and any and all amendments thereto. 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 dates indicated. Signature Title Date /s/Landon T. Clay Chairman of the June 6, 1994 Landon T. Clay Board of Directors /s/M. Dozier Gardner President, Chief June 6, 1994 M. Dozier Gardner Executive Officer and Director (Principal Execu- tive Officer) /s/James B. Hawkes Executive Vice June 6, 1994 James B. Hawkes President and Director /s/H. Day Brigham, Jr. Director June 6, 1994 H. Day Brigham, Jr. ______________________ Director June 6, 1994 John G. L. Cabot Treasurer and June 6, 1994 Curtis H. Jones Director (Principal Financial and Accounting Officer) /s/Benjamin A. Rowland, Jr. Vice President June 6, 1994 Benjamin A. Rowland, Jr. and Director _______________________ Director June 6, 1994 Ralph Z. Sorenson EXHIBIT INDEX Sequential Exhibit Page No. 24.2 Consent of Deloitte & Touche, independent 15 accountants, filed herewith. 25.1 Power of Attorney (included in the 12 signature page of this Registration Statement) filed herewith. EXHIBIT 24.2 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in this Registration Statement of Eaton Vance Corp. on Form S-8 of our reports dated December 8, 1993, appearing in and incorporated by reference in the Annual Report on Form 10-K of Eaton Vance Corp. for the year ended October 31, 1993 and to the reference to us under the heading "Experts" in the prospectus, which is part of this Registration Statement. /s/ Deloitte & Touche Deloitte & Touche Boston, Massachusetts June 8, 1994 -----END PRIVACY-ENHANCED MESSAGE-----