As filed with the Securities and Exchange Commission on November 12, 2015
Registration No. __________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
___________________
QLOGIC CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
___________________
Delaware |
33-0537669 |
(State or Other Jurisdiction of Incorporation) |
(IRS Employer Identification No.) |
26650 Aliso Viejo Parkway
Aliso Viejo, California 92656
(Address, Including Zip Code, of Principal Executive Offices)
___________________
QLogic Corporation
2005 Performance Incentive Plan
QLogic Corporation
1998 Employee Stock Purchase Plan
(Full Title of the Plans)
___________________
Jean Hu
Acting Chief Executive Officer,
Senior Vice President and Chief Financial Officer
QLogic Corporation
26650 Aliso Viejo Parkway
Aliso Viejo, California 92656
(949) 389-6000
(Name, Address and Telephone Number, Including Area Code, of Agent for Service)
COPY TO:
Mark D. Peterson, Esq.
O’Melveny & Myers LLP
610 Newport Center Drive, 17th Floor
Newport Beach, CA 92660
___________________
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. (Check one):
Large accelerated filer þ |
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Accelerated filer o |
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Non-accelerated filer o |
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Smaller reporting company o |
CALCULATION OF REGISTRATION FEE
This Registration Statement is filed by the Company to register additional securities issuable pursuant to the Plans and consists of only those items required by General Instruction E to Form S-8.
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PART I
INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Securities Act Rule 428(b)(1).
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PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
Item 3. |
Incorporation of Certain Documents by Reference |
The following documents of the Company filed with the Securities and Exchange Commission (the “Commission”) are incorporated herein by reference:
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(a) |
The Company’s Registration Statements on Form S-8, filed with the Commission on October 30, 1998, June 9, 2006, November 7, 2008, November 6, 2009 and August 27, 2013 (Commission File Nos. 333-66407, 333-134877, 333-155220, 333-162951 and 333-190832, respectively); |
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(b) |
The Company’s Annual Report on Form 10-K for its fiscal year ended March 29, 2015, filed with the Commission on May 26, 2015 (Commission File No. 000-23298); |
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(c) |
The Company’s Quarterly Reports on Form 10-Q for its fiscal quarters ended June 28, 2015 and September 27, 2015, filed with the Commission on August 6, 2015 and October 29, 2015, respectively (Commission File No. 000-23298); |
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(d) |
The Company’s Current Reports on Form 8-K, filed with the Commission on May 14, 2015 (as amended by the Form 8-K/A filed on August 24, 2015), June 3, 2015, August 21, 2015, August 21, 2015, September 4, 2015, September 9, 2015, September 15, 2015 and September 25, 2015 (Commission File No. 000-23298); and |
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(e) |
The description of the Company’s Common Stock contained in its Registration Statement on Form 10/A filed with the Commission on February 15, 1994 (Commission File No. 000-23298), and any other 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 Securities Exchange Act of 1934, as amended (the “Exchange Act”), prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents. Any statement contained herein or in a document, all or a portion of which is incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or amended, to constitute a part of this Registration Statement.
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Item 5. |
Interests of Named Experts and Counsel |
The validity of the issuance of Common Stock registered hereby is passed on for the Company by Michael L. Hawkins. Mr. Hawkins is the Vice President, General Counsel and Secretary of the Company and is compensated by the Company as an employee. Mr. Hawkins owns 18,679 shares of Common Stock, 81,821 restricted stock units that are payable in an equivalent number of shares of Common Stock, and Company stock options to acquire up to an additional 388,600 shares of Common Stock. Mr. Hawkins is eligible to receive stock awards by the Company under the 2005 Performance Incentive Plan and is eligible to participate in the 1998 Employee Stock Purchase Plan.
Item 8. |
Exhibits |
See the attached Exhibit Index at page 7, which is incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Act, 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 Form S-8 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Aliso Viejo, State of California, on November 12, 2015.
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QLOGIC CORPORATION |
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By: |
/s/ Jean Hu |
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Jean Hu |
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Acting Chief Executive Officer, Senior Vice President and Chief Financial Officer |
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints Jean Hu and Christine King, and each of them, acting individually and without the other, as his or her true and lawful attorneys-in-fact and agents, 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 any and all amendments (including post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, 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-in-fact and agents, or either of them individually, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature |
Title |
Date |
Jean Hu |
Acting Chief Executive Officer, Senior Vice President and Chief Financial Officer (Principal Executive Officer and Principal Financial and Accounting Officer) |
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/s/ Christine King Christine King |
Executive Chairman and Chairman of the Board |
November 12, 2015 |
/s/ John T. Dickson John T. Dickson |
Director |
November 12, 2015 |
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Signature |
Title |
Date |
/s/ Balakrishnan S. Iyer Balakrishnan S. Iyer |
Director |
November 12, 2015 |
/s/ D. Scott Mercer D. Scott Mercer |
Director |
November 12, 2015 |
/s/ Jay A. Rossiter Jay A. Rossiter |
Director |
November 12, 2015 |
/s/ George D. Wells George D. Wells |
Director |
November 12, 2015 |
/s/ William M. Zeitler William M. Zeitler |
Director |
November 12, 2015 |
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EXHIBIT INDEX
Exhibit
NumberDescription of Exhibit
4.1 |
QLogic Corporation 2005 Performance Incentive Plan, Amended and Restated Effective July 10, 2014. (Filed as Exhibit 10.1 of the Registrant’s Current Report on Form 8-K filed with the Commission on August 29, 2014 (Commission File No. 000-23298) and incorporated herein by this reference.) |
5. |
Opinion of Company Counsel (opinion re legality). |
23.1 |
Consent of Independent Registered Public Accounting Firm. |
23.2 |
Consent of Counsel (included in Exhibit 5). |
24. |
Power of Attorney (included in this Registration Statement under “Signatures”). |
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EXHIBIT 5
[QLogic Corporation letterhead]
November 12, 2015
QLogic Corporation
26650 Aliso Viejo Parkway
Aliso Viejo, California 92656
Re:Registration of Securities of QLogic Corporation
Ladies and Gentlemen:
In connection with the registration of up to 11,250,492 shares of Common Stock of QLogic Corporation, a Delaware corporation (the “Company”), par value $0.001 per share (the “Shares”), under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-8 (the “Registration Statement”), filed with the Securities and Exchange Commission on or about the date hereof, up to 7,250,492 of such Shares to be issued or delivered pursuant to the QLogic Corporation 2005 Performance Incentive Plan, as amended (the “2005 Plan”), and up to 4,000,000 of such Shares to be issued or delivered pursuant to the QLogic Corporation 1998 Employee Stock Purchase Plan, as amended (the “ESPP,” and together with the 2005 Plan, the “Plans”), you have requested my opinion set forth below.
In my capacity as counsel, I have examined originals or copies of those corporate and other records of the Company I considered appropriate.
On the basis of such examination and my consideration of those questions of law I considered relevant, and subject to the limitations and qualifications in this opinion, I am of the opinion that:
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(1) |
the Shares have been duly authorized by all necessary corporate action on the part of the Company; and |
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(2) |
when issued in accordance with such authorization, the provisions of the applicable Plan and relevant agreements duly authorized by and in accordance with the terms of the applicable Plan, and upon payment for and delivery of the Shares as contemplated in accordance with the applicable Plan, and either (a) the countersigning of the certificate or certificates representing the Shares by a duly authorized signatory of the registrar for the Company’s Common Stock, or (b) the book-entry of the Shares by the transfer agent for the Company’s Common Stock in the name of The Depository Trust Company or its nominee, the Shares will be validly issued, fully paid and non-assessable. |
I consent to your filing this opinion as an exhibit to the Registration Statement.
Respectfully submitted,
/s/ Michael L. Hawkins__________________
Michael L. Hawkins
Vice President, General Counsel and Secretary,
QLogic Corporation
EXHIBIT 23.1
Consent of Independent Registered Public Accounting Firm
The Board of Directors
QLogic Corporation:
We consent to the use of our reports dated May 26, 2015, with respect to the consolidated balance sheets of QLogic Corporation and subsidiaries as of March 29, 2015 and March 30, 2014, and the related consolidated statements of operations, comprehensive income (loss), stockholders’ equity and cash flows for each of the years in the three-year period ended March 29, 2015, the related financial statement schedule, and the effectiveness of internal control over financial reporting as of March 29, 2015, incorporated herein by reference.
/s/ KPMG LLP
Irvine, California
November 12, 2015