S-8 1 v77443s-8.htm FORM S-8 Form S-8 for Bioject Medical Technologies Inc.
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As filed with the Securities and Exchange Commission on November 21, 2001

Registration No. 333-_____

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


Form S-8
REGISTRATION STATEMENT

Under
THE SECURITIES ACT OF 1933


BIOJECT MEDICAL TECHNOLOGIES INC.

(Exact name of registrant as specified in its charter)


     
OREGON   93-1099680
(State or other jurisdiction
of incorporation or organization)
  (I.R.S. Employer
Identification Number)


7620 Bridgeport Road
Portland, Oregon 97224
(503) 639-7221

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


BIOJECT MEDICAL TECHNOLOGIES INC.
RESTATED 1992 STOCK INCENTIVE PLAN

(Full title of plan)


James C. O’Shea
Chief Executive Officer
7620 S.W. Bridgeport Road
Portland, Oregon 97224
(503) 639-7221

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


     Copies to:  
TODD A. BAUMAN
Stoel Rives LLP
900 SW Fifth Avenue, Suite 2600
Portland, Oregon 97204-1268
(503) 224-3380


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CALCULATION OF REGISTRATION FEE

                                 
            Proposed   Proposed        
            Maximum   Maximum    
    Amount   Offering   Aggregate   Amount of
Title of Securities   to Be   Price Per   Offering   Registration
to Be Registered   Registered   Share (1)   Price (1)   Fee

 
 
 
 
Common Stock
  1,000,000 shares   $ 10.425     $ 10,425,000     $ 2,606.25  


(1)   The proposed maximum offering price per share and proposed maximum aggregate offering price were estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) and Rule 457(c) under the Securities Act of 1933. The calculation of the registration fee is based on the average of the high and low prices of the common stock on the Nasdaq SmallCap Market for November 20, 2001.


PART II
Item 3. Incorporation of Documents By Reference.
Item 4. Description of Securities.
Item 5. Interests of Named Experts and Counsel.
Item 6. Indemnification of Directors and Officers.
Item 7. Exemption From Registration Claimed.
Item 8. Exhibits.
Item 9. Undertakings.
SIGNATURES
EXHIBIT INDEX
Exhibit 5.1
Exhibit 23.1
Exhibit 24.1


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PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. Incorporation of Documents By Reference.

     The following documents filed by Bioject Medical Technologies Inc. (the “Registrant”) with the Securities and Exchange Commission are incorporated herein by reference:
     
       (a) The Registrant’s latest annual report filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 or the latest prospectus filed pursuant to rule 424(b) under the Securities Act of 1933 that contains audited financial statements for the Registrant’s latest fiscal year for which such statements have been filed.
     
       (b) All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 since the end of the fiscal year covered by the annual report or prospectus referred to in (a) above.
     
       (c) The description of the authorized capital stock of the Registrant contained in the Registrant’s registration statement filed under Section 12 of the Securities Exchange Act of 1934, as amended, including any amendment or report filed for the purpose of updating the description.

     All reports and other documents subsequently filed by the Registrant pursuant to Sections 13(a) and (c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of the filing of such reports and 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.

     Generally, Sections 60.387 through 60.414 of the Oregon Business Corporation Act (the “Oregon Act”) authorize a court to award, or a corporation’s board of directors to grant, indemnification to directors and officers in circumstances where the officer or director acted in good faith, in a manner that the director or officer reasonably believed to be in (or at least not opposed to) the best interests of the corporation and, if in a criminal proceeding, if the

 

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director or officer had no reasonable cause to believe his conduct was unlawful. Article IX of the Company’s Amended and Restated Bylaws provides for indemnification to the greatest extent permitted by the Oregon Act.

     Section 60.047 of the Oregon Act authorizes a corporation to limit a director’s liability to the corporation or its shareholders for monetary damages resulting from conduct as a director, except in certain circumstances involving breach of the director’s duty of loyalty to the corporation or its shareholders, intentional misconduct or knowing violation of the law, self dealing or approval of illegal corporate loans or distributions, or any transaction from which the director personally receives a benefit in money, property or services to which the director is not legally entitled. Article VII of the Company’s Articles of Incorporation contains provisions implementing, to the fullest extent allowed, limitations on a director’s liability to the Company or its shareholders. The Company currently maintains officers’ and directors’ liability insurance.

Item 7. Exemption From Registration Claimed.

     Not Applicable.

Item 8. Exhibits.

     
  3.1   Amended and Restated Articles of Incorporation of the Registrant. Incorporated by reference to Exhibit 3.1 of the Company’s Annual Report on Form 10-K for the year ended March 31, 2001.
 
  3.2   Second Amended and Restated Bylaws of the Registrant. Incorporated by reference to Exhibit 3 of the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2000.
 
  5.1   Opinion of Stoel Rives LLP.
 
23.1   Consent of Independent Public Accountants.
 
23.2   Consent of Stoel Rives LLP (included in Exhibit 5.1)
 
24.1   Power of Attorney.

Item 9. Undertakings.
     
       (a) The 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 of 1933;

 

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       (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 Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% 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 information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the registrant pursuant to Section 13 or Section 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 of 1933, 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 the offering.
     
       (b) The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 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) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been

 

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  advised that in the opinion of the Securities and Exchange 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.

 

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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 Portland, State of Oregon on November 14, 2001.
     
  BIOJECT MEDICAL TECHNOLOGIES INC.
 
 
  By:  /s/ James C. O’Shea
 
  James C. O’Shea
Chief Executive Officer

     Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-8 has been signed below by the following persons in the capacities indicated on November 14, 2001.

         
    Signature   Title
   
 
 
    /s/ James C. O’Shea

James C. O’Shea
  Chairman of the Board and Chief Executive Officer and President
Principal Executive Officer
 
    /s/ John Gandolfo

John Gandolfo
  Chief Financial Officer
Principal Financial and Accounting Officer
 
*   JOHN RUEDY, M.D.

John Ruedy, M.D.
  Director 
 
*   GRACE KEENEY FEY

Grace Keeney Fey
  Director 
 
*   ERIC T. HERFINDAL
Eric T. Herfindal
  Director 
 
*   RICHARD J. PLESTINA
Richard J. Plestina
  Director 
 
*   EDWARD L. FLYNN
Edward L. Flynn
  Director 
 
*   SANDRA PANEM, Ph.D.
Sandra Panem, Ph.D.
  Director 
       
  *By:  /s/ James C. O’Shea
 
  James C. O’Shea
Attorney-in-Fact
 

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EXHIBIT INDEX

     
Exhibit    
Number   Document Description

 
  3.1   Amended and Restated Articles of Incorporation of the Registrant. Incorporated by reference to Exhibit 3.1 of the Company’s Annual Report on Form 10-K for the year ended March 31, 2001.
 
  3.2   Second Amended and Restated Bylaws of the Registrant. Incorporated by reference to Exhibit 3 of the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2000.
 
  5.1   Opinion of Stoel Rives LLP.
 
23.1   Consent of Independent Public Accountants.
 
23.2   Consent of Stoel Rives LLP (included in Exhibit 5.1)
 
24.1   Power of Attorney.
 

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