-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NAv77oqX6n4MAnNi2bTTafTMcmpA74xvAbwi4UZ1201vSbrHe6KcqYFXbpI8vUPj IGtHbW5SzFivQmN/ek4mAQ== 0000040730-04-000105.txt : 20041119 0000040730-04-000105.hdr.sgml : 20041119 20041119095026 ACCESSION NUMBER: 0000040730-04-000105 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20041119 DATE AS OF CHANGE: 20041119 EFFECTIVENESS DATE: 20041119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MOTORS CORP CENTRAL INDEX KEY: 0000040730 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380572515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 333-120617 FILM NUMBER: 041156477 BUSINESS ADDRESS: STREET 1: 300 RENAISSANCE CTR STREET 2: MAIL CODE: 482-C34-D71 CITY: DETROIT STATE: MI ZIP: 48265-3000 BUSINESS PHONE: 3135565000 MAIL ADDRESS: STREET 1: 300 RENAISSANCE CTR STREET 2: MAIL CODE: 482-C34-D71 CITY: DETROIT STATE: MI ZIP: 48265-3000 S-8 1 sipplan.txt GMAC SAVINGS INCENTIVE PLAN As filed with the Securities and Exchange Commission on November 19, 2004. Registration No. 333- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549-1004 ------------------------------------- FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 -------------------------------------- GENERAL MOTORS CORPORATION --------------------------------------------------------- (Exact name of registrant as specified in its charter) STATE OF DELAWARE 38-0572515 --------------------------------- --------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 300 Renaissance Center, Detroit, Michigan 48265-3000 ---------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) THE GMAC MORTGAGE GROUP, INC. SAVINGS INCENTIVE PLAN ---------------------------------------------------------------- (Full title of the plan) PETER R. BIBLE, CHIEF ACCOUNTING OFFICER General Motors Corporation 300 Renaissance Center, Detroit, Michigan 48265-3000 (313) 556-5000 ----------------------------------------------------------------- (Name, address and telephone number, including area code, of agent for service) GENERAL MOTORS CALCULATION OF REGISTRATION FEE ================================================================================ Proposed Proposed Maximum Maximum Title of Amount Offering Aggregated Amount of securities To be Price per Offering Registration To be registered Registered Share* Price* Fee - -------------------------------------------------------------------------------- $1-2/3 par value 720,000 shares $39.78 $28,641,600.00 $3,628.89 Interests in the GMAC Mortgage Group. Inc. Savings Incentive Plan ** ================================================================================ * Estimated solely for the purpose of determining the registration fee. ** In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan herein. PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT Item 3. Incorporation of Documents by Reference. The documents listed below are incorporated by reference in this registration statement: (a)(1) The Annual Report on Form 10-K for the year-ended December 31, 2003, (hereinafter referred to as the "2003 Form 10-K") filed by General Motors Corporation (hereinafter sometimes referred to as "General Motors" or the "Corporation") pursuant to Section 13(a) or 15 (d) of the Securities Exchange Act of 1934, (hereinafter referred to as the "1934 Act") with the Securities and Exchange Commission (hereinafter referred to as the "Commission"); (b)(1) The Quarterly Reports on Form 10-Q for the quarters ended March 31, 2004, June 30, 2004, and September 30, 2004 filed by the Corporation pursuant to Section 13(a) or 15(d) of the 1934 Act; and (2) The Current Reports on Form 8-K filed January 5, 2004, January 8, 2004*, January 20, 2004*(2), February 3, 2004, February 4, 2004, March 2, 2004, March 30, 2004*, April 1, 2004, April 20, 2004*(2), April 30, 2004, May 4, 2004, May 20, 2004, June 2, 2004, June 15, 2004*, June 16, 2004* (amendment), July 1, 2004, July 21, 2004*(2), August 3, 2004, September 1, 2004, October 1, 2004, October 5, 2004, October 6, 2004 (amendment), October 14, 2004(2*)(2), October 18, 2004, October 26, 2004, November 3, 2004, November 5, 2004, November 10, 2004(2), and November 17, 2004 were filed by the Corporation pursuant to Section 13(a) or 15(d) of the 1934 Act; and (c) the description of General Motors common stock, $1-2/3 par value (hereinafter referred to as "$1-2/3 par value common stock"), contained in Article Fourth of the General Motors Corporation Restated Certificate of Incorporation filed March 1, 2004 as Exhibit 3 filed pursuant to Section 13(a) or 15(d) of the 1934 Act. All documents subsequently filed by the Corporation pursuant to Sections 13(a), 13(c), 14 and 15(d) of the 1934 Act, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this registration statement and to be a part thereof from the date of filing of such documents. Item 5. Interests of Named Experts and Counsel. The legality of the $1-2/3 par value common stock offered hereby has been passed upon by Martin I. Darvick, Attorney, Legal Staff of the Corporation. Mr. Darvick owns shares of $1-2/3 par value common stock and has options to purchase additional shares of $1-2/3 par value common stock. - ----------------------------------- * This asterisk indicates Reports submitted to the Securities and Exchange Commission which include information "furnished" pursuant to Items 9 or 12 (prior to August 23, 2004), or Items 2.02 or 7.01 (after August 22, 2004) of Form 8-K, which pursuant to General Instruction B of Form 8-K is not deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934. The information furnished pursuant to Items 2.02 or 7.01 in such reports is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, is not incorporated into this Report on Form S-8 and GM does not intend to incorporate these reports by reference into any filing under the Securities Act or the Exchange Act. II-1 PART II (continued) Item 6. Indemnification of Directors and Officers. Under Section 145 of the Delaware Corporation Law, the Corporation is empowered to indemnify its directors and officers in the circumstances therein provided. The Corporation's Restated Certificate of Incorporation, provides that no director shall 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 director's 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, or any successor provision thereto, of the Delaware Corporation Law, or (iv) for any transaction from which the director derived an improper personal benefit. Under Article Fifth of its By-Laws, the Corporation shall indemnify and advance expenses to every director and officer (and to such person's heirs, executors, administrators or other legal representatives) in the manner and to the full extent permitted by applicable law as it presently exists, or may hereafter be amended, against any and all amounts (including judgments, fines, payments in settlement, attorneys' fees and other expenses) reasonably incurred by or on behalf of such person in connection with any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative ("a proceeding"), in which such director or officer was or is made or is threatened to be made a party or is otherwise involved by reason of the fact that such person is or was a director or officer of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee, fiduciary, or member of any other corporation, partnership, joint venture, trust, organization, or other enterprise. The Corporation shall not be required to indemnify a person in connection with a proceeding initiated by such person if the proceeding was not authorized by the Board of Directors of the Corporation. The Corporation shall pay the expenses of directors and officers incurred in defending any proceeding in advance of its final disposition ("advancement of expenses"); provided, however, that the payment of expenses incurred by a director or officer in advance of the final disposition of the proceeding shall be made only upon receipt of an undertaking by the director or officer to repay all amounts advanced if it should be ultimately determined that the director or officer is not entitled to be indemnified under Article Fifth of the By-Laws or otherwise. If a claim for indemnification or advancement of expenses by an officer or director under Article Fifth of the By-Laws is not paid in full within ninety days after a written claim therefor has been received by the Corporation, the claimant may file suit to recover the unpaid amount of such claim and, if successful in whole or in part, shall be entitled to be paid the expense of prosecuting such claim. In any such action the Corporation shall have the burden of proving that the claimant was not entitled to the requested indemnification or advancement of expenses under applicable law. The rights conferred on any person by Article Fifth of the By-Laws shall not be exclusive of any other rights which such person may have or hereafter acquire under any statute, provision of the Corporation's Restated Certificate of Incorporation or By-Laws, agreement, vote of stockholders or disinterested directors or otherwise. The Corporation is insured against liabilities which it may incur by reason of Article Fifth of its By-Laws. In addition, directors and officers are insured, at the Corporation's expense, against some liabilities which might arise out of their employment and not be subject to indemnification under Article Fifth of the By-Laws. Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended (the "Act"), is permitted to directors and officers of the Corporation pursuant to the abovementioned provisions, or otherwise, the Corporation has been informed that in the opinion of the Commission such indemnification is against public policy, as expressed in said Act, and is therefore unenforceable. Pursuant to a resolution adopted by the Board of Directors on December 1, 1975, the Corporation to the fullest extent permissible under law will indemnify, and has purchased insurance on behalf of, directors or officers of the Corporation, or any of them, who incur or are threatened with personal liability, including expenses, under the Employee Retirement Income Security Act of 1974, as amended, or any amendatory or comparable legislation or regulation thereunder. II-2 PART II (continued) Item 8. Exhibits. Exhibit Number Page No. - -------------- -------- (4)(a) General Motors Corporation Restated Certificate of Incorporation, restated and filed March 1, 2004, included at Exhibit 3.i of Annual Report on Form 10-K for the year ended December 31, 2003, filed on March 11, 2004 N/A (4)(b) By-Laws of General Motors Corporation, as amended February 29, 2004, included at Exhibit 3.ii of Annual Report on Form 10-K for the year ended December 31, 2003, filed on March 11, 2004 N/A (5)(a) Opinion and consent of Martin I. Darvick, Attorney, Legal Staff of General Motors, in respect of the legality of the securities to be registered hereunder II-8 (b) The registrant undertakes that it will submit or has submitted the Plan and any amendment thereto to the Internal Revenue Service ("IRS") in a timely manner and has made or will make all changes required by the IRS in order to qualify the Plan N/A (23)(a) Consent of Independent Registered Public Accounting Firm - Deloitte & Touche LLP II-9 (b) Consent of Martin I. Darvick, Attorney, Legal Staff of General Motors, included in Exhibit 5(a) above N/A Item 9. Undertakings. (a) 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 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; (2) that, for the purpose of determining any liability under the 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; and (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 the offering. (b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Act, each filing of the registrant's annual report pursuant to Section 13(a) of the 1934 Act and each filing of the Plan's annual report pursuant to Section 15(d) of the 1934 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. (h) Insofar as indemnification for liabilities arising under the 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 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 Act and will be governed by the final adjudication of such issue. II-3 SIGNATURES The Registrant. 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 Detroit, State of Michigan, on October 5, 2004. GENERAL MOTORS CORPORATION --------------------------- (Registrant) By: /s/G. RICHARD WAGONER, JR. --------------------------- G. Richard Wagoner, Jr. Chairman and Chief Executive Officer Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below on this 5th day of October 2004 by the following persons on behalf of the Registrant and in the capacities indicated. Signature Title --------- ----- /s/G. RICHARD WAGONER, JR. Chairman and Chief Executive Officer - ------------------------- (G. Richard Wagoner, Jr.) /s/JOHN M. DEVINE Vice Chairman and - ----------------- (John M. Devine) Chief Financial Officer /s/WALTER G. BORST Treasurer - ------------------ (Walter G. Borst) /s/PAUL W. SCHMIDT Controller - ------------------ (Paul W. Schmidt) /s/PETER R. BIBLE Chief Accounting Officer - ----------------- (Peter R. Bible) II-4 SIGNATURES - concluded Signature Title --------- ----- /s/PERCY BARNEVIK Director - ----------------- (Percy Barnevik) /s/JOHN H. BRYAN Director - ---------------- (John H. Bryan) /s/ARMANDO M. CODINA Director - -------------------- (Armando Codina) /s/GEORGE M.C. FISHER Director - --------------------- (George M.C. Fisher) /s/KAREN KATEN Director - -------------- (Karen Katen) /s/KENT KRESA Director - ------------- (Kent Kresa) /s/ELLEN J. KULLMAN Director - ------------------- (Ellen J. Kullman) /s/ALAN G. LAFLEY Director - ----------------- (Alan G. Lafley) /s/PHILIP A. LASKAWY Director - -------------------- (Philip A. Laskawy) /s/E. STANLEY O'NEAL Director - -------------------- (E. Stanley O'Neal) /s/ECKHARD PFEIFFER Director - ------------------- (Eckhard Pfeiffer) II-5 The Plan. Pursuant to the requirements of the Securities Act of 1933, the trustees have duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Detroit, State of Michigan, on October 5, 2004. THE GMAC MORTGAGE GROUP, INC. ------------------------------- SAVINGS INCENTIVE PLAN (Plan) By /s/DAVID C. WALKER ------------------ (David C. Walker, Chief Financial Officer - Mortgage Group) II-6 EX-5 2 exhibit5a.txt LEGAL CONSENT EXHIBIT 5(a) November 19, 2004 General Motors Corporation 767 Fifth Avenue New York, New York 10153-0075 Gentlemen: As Attorney, Legal Staff of General Motors Corporation, I am familiar with the Registration Statement, dated November 19, 2004, being filed by GM with the Securities and Exchange Commission, relating to 720,000 shares of General Motors $1-2/3 par value common stock to be registered for the Plan. It is my opinion that the interests in the Plan and the $1-2/3 par value common stock to be registered, when sold or issued hereafter in accordance with the provisions of said Plan, in accordance with Delaware law and upon payment of the consideration for such shares as contemplated by said Plan, will be validly issued, fully paid and nonassessable. I hereby consent to the use of this opinion as Exhibit 5(a) of the abovementioned Registration Statement. Very truly yours, /s/MARTIN I. DARVICK -------------------- Martin I. Darvick, Attorney, Legal Staff II-7 EX-23 3 exhibit23a.txt AUDITOR'S CONSENT EXHIBIT 23(a) CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM GENERAL MOTORS CORPORATION: We consent to the incorporation by reference in this Registration Statement of General Motors Corporation on Form S-8 of our report dated March 10, 2004 appearing on page II-23 of the General Motors Corporation Annual Report on Form 10-K for the year ended December 31, 2003. This report expresses an unqualified opinion and includes an explanatory paragraph relating to: (1) the consolidation of certain variable interest entities to conform to FASB Interpretation No. 46, "Consolidation of Variable Interest Entities," (2) the expensing of the fair market value of newly granted stock options and other stock-based compensation awards issued to employees to conform to Statement of Financial Accounting Standards (SFAS) No. 123, "Accounting for Stock-Based Compensation" and (3) the change in the method of accounting for goodwill and other intangible assets to conform to SFAS No. 142, "Goodwill and Other Intangible Assets," as described in Note 1. /s/DELOITTE & TOUCHE LLP - ------------------------ DELOITTE & TOUCHE LLP Detroit, Michigan November 18, 2004 II-8 -----END PRIVACY-ENHANCED MESSAGE-----