S-8 1 f94123sv8.htm FORM S-8 Trident Microsystems, Inc. Form S-8
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Filed with the Securities and Exchange Commission on October 31, 2003

Registration No.333-________

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM S-8

REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

Trident Microsystems, Inc.


(Exact name of registrant as specified in its charter)
     
Delaware
  77-0156584

 
(State or other jurisdiction
  (I.R.S. employer identification no.)
of incorporation or organization)    

1090 East Argues Avenue
Sunnyvale, CA 94085


(Address of principal executive offices) (Zip code)

Trident Microsystems, Inc.
2002 Stock Option Plan and
1996 Nonstatutory Stock Option Plan


(Full title of the plan)

Frank C. Lin
President, Chief Executive Officer
and Chairman of the Board
1090 East Argues Avenue
Sunnyvale, CA 94085


(Name and address of agent for service)

Telephone number, including area code, of agent for service: 408-991-8800

This registration statement shall hereafter become effective in accordance with Rule 462 promulgated under the Securities Act of 1933, as amended.

 


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CALCULATION OF REGISTRATION FEE

                                 
            Proposed maximum   Proposed maximum        
Title of Securities   Amount to be   offering price per   aggregate offering   Amount of
to be registered(1)   registered(2)   share(3)   price(3)   registration fee

 
 
 
 
2002 Stock Option Plan
                               
Common Stock
    675,000     $ 23.03     $ 15,545,250.00     $ 1,257.61  
Par Value $0.001 1996 Nonstatutory Stock Option Plan
                               
Common Stock
    1,000,000     $ 23.03     $ 23,030,000.00     $ 1,863.13  
Par Value $0.001 Total:
    1,675,000             $ 38,575,250.00     $ 3,120.74  


    (1) The securities to be registered include options to acquire Common Stock.
 
    (2) Pursuant to Rule 416(a), this registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or similar transaction.
 
    (3) Estimated pursuant to Rule 457 solely for purposes of calculating the registration fee. As to the shares under the 2002 Stock Option Plan and shares under the 1996 Nonstatutory Stock Option Plan, the price is based upon the average of the high and low prices of the registrant's Common Stock on October 29, 2003, as reported on the Nasdaq National Market.

 


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
SIGNATURE
POWER OF ATTORNEY
EXHIBIT INDEX
EXHIBIT 5
EXHIBIT 23.2


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PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.      Incorporation of Documents by Reference

               Trident Microsystems, Inc. (“the Company”) hereby incorporates by reference in this registration statement the following documents:

               (a) The Company’s latest annual report on Form 10-K filed pursuant to Sections 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), containing audited financial statements for the Company’s latest fiscal year ended June 30, 2003 as filed with the Securities and Exchange Commission on September 26, 2003 (File No. 000-20784).

               (b) 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 (a) above.

               (c) The description of the Company’s Common Stock contained in the Company’s Registration Statement on Form 8-A, pursuant to Section 12 of the Exchange Act, File No. 0-20784, filed with the Securities and Exchange Commission on October 27, 1992, effective December 15, 1992, 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 to this registration statement 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 in this registration statement and to be a part hereof from the date of filing of such documents.

Item 4.      Description of Securities

                 The class of securities to be offered is registered under Section 12 of the Exchange Act.

Item 5.      Interests of Named Experts and Counsel

                 Inapplicable.

Item 6.      Indemnification of Directors and Officers

                 Delaware law authorizes corporations to eliminate the personal liability of directors to corporations and their stockholders for monetary damages for breach or alleged breach of the directors’ “duty of care.” While the relevant statute does not change directors’ duty of care, it enables corporations to limit available relief to equitable remedies such as injunction or rescission. The statute has no effect on directors’ duty of loyalty, acts or omissions not in good faith or involving intentional misconduct or knowing violations of law, illegal

 


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payment of dividends and approval of any transaction from which a director derives an improper personal benefit.

                 The Company has adopted provisions in its Certificate of Incorporation which eliminate the personal liability of its directors to the Company and its stockholders for monetary damages for breach or alleged breach of their duty of care. The By-Laws of the Company provide for indemnification of its directors, officers, employees and agents to the full extent permitted by the General Corporation Law of the State of Delaware, the Company’s state of incorporation, including those circumstances in which indemnification would otherwise be discretionary under Delaware Law. Section 145 of the General Corporation Law of the State of Delaware provides for indemnification in terms sufficiently broad to indemnify such individuals, under certain circumstances, for liabilities (including reimbursement of expenses incurred) arising under the Securities Act.

Item 7.      Exemption From Registration Claimed

                    Inapplicable.

Item 8.      Exhibits

                    See Exhibit Index.

Item 9.      Undertakings

                    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:

            (i)      To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
 
            (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;
 
            (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)(l)(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 registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.

 


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                    (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.

                    The undersigned 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 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 the initial bona fide offering thereof.

                    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 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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SIGNATURE

          Pursuant to the requirements of the Securities Act of 1933, as amended, 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 Sunnyvale, State of California, on October 31, 2003.

     
    TRIDENT MICROSYSTEMS, INC.
 
     
 
    By: /s/ Frank C. Lin

Frank C. Lin
President, Chief Executive Officer,
and Chairman of the Board

 


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POWER OF ATTORNEY

     The officers and directors of Trident Microsystems, Inc. whose signatures appear below, hereby constitute and appoint Frank C. Lin and Peter Jen, and each of them, their true and lawful attorneys and agents, with full power of substitution, each with power to act alone, to sign and execute on behalf of the undersigned any amendment or amendments to this registration statement on Form S-8, and each of the undersigned does hereby ratify and confirm all that each of said attorney and agent, or their or his substitutes, shall do or cause to be done by virtue hereof.

          Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities indicated below on October 31, 2003.

     
Signature   Title

 
 
/s/ Frank C. Lin   President, Chief Executive Officer and Chairman of the

  Board (Principal Executive Officer)
Frank C. Lin    
 
/s/ Peter Jen   Senior Vice President, Asia Operations and Chief Accounting

  Officer (Principal Financial and Accounting Officer)
Peter Jen    
 
/s/ Glen M. Antle   Director

   
Glen M. Antle    
 
/s/ Yasushi Chikagami   Director

   
Yasushi Chikagami    
 
/s/ John Luke   Director

   
John Luke    
 
/s/ Millard Phelps   Director

   
Millard Phelps    

 


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EXHIBIT INDEX

     
4.1   Restated Certificate of Incorporation of the Company, as filed in the Office of the Secretary of State of Delaware on August 15, 1994 is incorporated by reference to Exhibit 4.1 of the Company’s Registration Statement on Form S-8 (File No. 333-29667, effective June 20, 1997).
 
4.2   Bylaws of the Company are incorporated by reference to Exhibit 3.4 of the Company’s Registration Statement on Form S-1 (File No. 33-53768, effective December 15, 1992).
 
4.3   Certificate of Amendment of Bylaws of the Company is incorporated by reference to Exhibit 3.2 of the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 24, 1999 (File No. 000-20784).
 
4.4   Form of Rights Agreement between the Company and ChaseMellon Shareholder Services, LLC, as Rights Agent (including as Exhibit A the form of Certificate of Designation, Preferences and Rights of the Terms of the Series A Preferred Stock, as Exhibit B the form of Right Certificate, and as Exhibit C the Summary of Terms of Rights Agreement) dated July 24, 1998 is incorporated by reference to Exhibit 1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 21, 1998 (File No. 000-20784).
 
5   Opinion re legality
 
23.1   Consent of Counsel (included in Exhibit 5)
 
23.2   Consent of PricewaterhouseCoopers LLP
 
24   Power of Attorney (included in signature pages to this registration statement)