-----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, KcWcFckAZUoM24ThGGKknoXIRas8eWzT/SxQqc9B3/eiOoNTEJWwSHCFZkKh9N9A ZnEbNG22F8rKk/uvIyxBmw== 0001047469-03-003568.txt : 20030131 0001047469-03-003568.hdr.sgml : 20030131 20030131172327 ACCESSION NUMBER: 0001047469-03-003568 CONFORMED SUBMISSION TYPE: S-3 PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20030131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIMPSON MANUFACTURING CO INC /CA/ CENTRAL INDEX KEY: 0000920371 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 943196943 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-102910 FILM NUMBER: 03535268 BUSINESS ADDRESS: STREET 1: 4120 DUBLILN BLVD STE 400 CITY: DUBLIN STATE: CA ZIP: 94568 BUSINESS PHONE: 9255609000 MAIL ADDRESS: STREET 1: 4120 DUBLIN BLVD STE 400 CITY: DUBLIN STATE: CA ZIP: 94568 S-3 1 a2102092zs-3.htm S-3
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        As filed with the Securities and Exchange Commission on January 31, 2003.

Registration No. 333-            



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM S-3
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933


SIMPSON MANUFACTURING CO., INC.
(Exact name of Registrant as specified in its charter)

Delaware
(State or other jurisdiction of
Incorporation or organization)
  94-3196943
(I.R.S. Employer
Identification Number)

4120 Dublin Blvd., Suite 400
Dublin, CA 94568
(925) 560-9000
(Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices)

Michael J. Herbert
Chief Financial Officer
Simpson Manufacturing Co., Inc.
4120 Dublin Blvd., Suite 400
Dublin, CA 94568
(925) 560-9000
(Name, address, including zip code, and telephone number, including area code, of agent for service)

Copies of all communications to:
Douglas L. Hammer, Esq.
Shartsis, Friese & Ginsburg LLP
One Maritime Plaza, 18th Floor
San Francisco, California 94111
(415) 421-6500

Approximate date of commencement of proposed sale to the public:
As soon as practicable after the effective date of this registration statement.

        If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box.    o

        If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box.    o

        If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.    o

        If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.    o

        If delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following box.    o

CALCULATION OF REGISTRATION FEE


Title of Each Class of
Securities to be Registered

  Amount to
be Registered

  Proposed Maximum
Offering Price
Per Share(1)

  Proposed Maximum
Aggregate
Offering Price

  Amount of
Registration Fee


Common Stock, $0.01 par value   2,000,000 shares   $33.00   $66,000,000   $6,072.00

(1)
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act of 1933, based on the average of the high and low prices of the Common Stock as reported by the New York Stock Exchange on January 24, 2003.

        The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Securities and Exchange Commission acting pursuant to said section 8(a) may determine.




Subject to Completion
Dated January 31, 2003

SIMPSON MANUFACTURING CO., INC.
4120 Dublin Blvd., Suite 400
Dublin, CA 94568
(925) 560-9000

2,000,000 SHARES
COMMON STOCK

        Simpson PSB Fund, a California nonprofit public benefit corporation affiliated with Simpson Manufacturing Co., Inc., a Delaware corporation, is hereby offering 2,000,000 shares of common stock of Simpson Manufacturing Co., Inc. See "Selling Stockholder." Simpson PSB Fund may sell the shares at prices determined by the prevailing market price for the shares or in negotiated transactions. Simpson Manufacturing Co., Inc. will not receive any of the proceeds from any sale of shares by Simpson PSB Fund. See "Use of Proceeds."

        The Common Stock of Simpson Manufacturing Co., Inc. is traded on the New York Stock Exchange, Inc. under the symbol "SSD." On January 29, 2003, the last reported sale price of the Common Stock on the New York Stock Exchange was $33.95 per share.

        NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED THESE SECURITIES OR DETERMINED WHETHER THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

        The information in this Prospectus is not complete and may be changed. Simpson PSB Fund may not sell these securities until the Registration Statement filed with the Securities and Exchange Commissions is effective. This Prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

        THE DATE OF THIS PROSPECTUS IS                                       



USE OF PROCEEDS

        Simpson Manufacturing Co., Inc. will not receive any proceeds from this offering. All proceeds from the sale of the shares offered by this Prospectus will be for the account of Simpson PSB Fund, the selling stockholder, as described below. Simpson PSB Fund will apply the net proceeds principally to its charitable purposes and administrative and operating expenses.


SELLING STOCKHOLDER

        Simpson PSB Fund is offering all of the shares offered by this Prospectus. The Board of Directors of Simpson PSB Fund comprises Barclay Simpson, Thomas J Fitzmyers, Charles Lee and Mr. Simpson's wife and 7 adult children. Mr. Simpson and Mr. Fitzmyers also serve on the Board of Directors of Simpson Manufacturing Co., Inc. As a result, Simpson PSB Fund is under common control with and thus is an affiliate of Simpson Manufacturing Co., Inc. Simpson PSB Fund is qualified as an organization exempt from federal and California income taxation under section 501(c)(3) of the Internal Revenue Code of 1986, as amended. In January 2003, Mr. Simpson donated to Simpson PSB Fund 2,000,000 shares of Common Stock of Simpson Manufacturing Co., Inc. Immediately prior to this offering, Simpson PSB Fund held a total of 2,025,000 shares of Common Stock of Simpson Manufacturing Co., Inc.


PLAN OF DISTRIBUTION

        Simpson Manufacturing Co., Inc. has prepared this Prospectus for use by Simpson PSB Fund. Simpson PSB Fund has engaged Barry Vogel & Associates, CJS Securities and Sidoti & Company to find and introduce potential purchasers of shares. Under Finder's Agreements with those parties, Simpson PSB Fund will pay them up to 1% of the purchase price for shares that Simpson PSB Fund sells in this offering to persons introduced by them. Simpson Manufacturing Co., Inc. intends to make a charitable contribution to Simpson PSB Fund, in an amount up to $15,000, equal to one-half of the expenses of this offering, excluding payments pursuant to the Finder's Agreements.

        Simpson Manufacturing Co., Inc. will give copies of this Prospectus to Simpson PSB Fund and has informed Simpson PSB Fund of the need for delivery of copies of this Prospectus at or prior to the time of any sale of the shares offered hereby.


WHERE YOU CAN FIND MORE INFORMATION

        Simpson Manufacturing Co., Inc. files annual, quarterly and current reports, proxy statements and other information with the Securities and Exchange Commission. You may read and copy any materials Simpson Manufacturing Co., Inc. files with the Securities and Exchange Commission at the Securities and Exchange Commission's public reference room at Room 1024, 450 Fifth Street, N.W., Washington, D.C. 20549, as well as at the Securities and Exchange Commission's regional offices at 175 W. Jackson Boulevard, Suite 900, Chicago, Illinois 60604, and 233 Broadway, New York, New York 10279. You can request copies of these documents by writing to the Securities and Exchange Commission and paying a fee for the copying cost. Please call the Securities and Exchange Commission at 1-800-SEC-0330 for more information about the operation of the public reference rooms. The Securities and Exchange Commission filings of Simpson Manufacturing Co., Inc. are also available at the Securities and Exchange Commission's website at http://www.sec.gov.

        This Prospectus is part of a Registration Statement on Form S-3 that Simpson Manufacturing Co., Inc. has filed with the Securities and Exchange Commission under the Securities Act of 1933. This Prospectus omits part of the Registration Statement, as permitted by the rules and regulations of the Securities and Exchange Commission. You may inspect and copy the Registration Statement, including exhibits, at the Securities and Exchange Commission's public reference rooms or from its web site. Statements in this Prospectus about the contents of any contract or other document are not necessarily complete. You should refer to the copies of the documents filed as exhibits to the Registration Statement for complete information.

2



INCORPORATION BY REFERENCE

        The Securities and Exchange Commission allows Simpson Manufacturing Co., Inc. to incorporate by reference information that Simpson Manufacturing Co., Inc. files with the Securities and Exchange Commission, which means that Simpson Manufacturing Co., Inc. can disclose important information to you by referring you to those documents. The information incorporated by reference is an important part of this Prospectus, and information that Simpson Manufacturing Co., Inc. files later with the Securities and Exchange Commission will automatically update and supersede this information. Simpson Manufacturing Co., Inc. incorporates by reference the documents listed below and any future filings that Simpson Manufacturing Co., Inc. makes with the Securities and Exchange Commission under section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934 prior to the termination of this offering:

    Annual Report on Form 10-K for the year ended December 31, 2001;

    Quarterly Reports on Form 10-Q for the quarters ended March 31, June 30 and September 30, 2002;

    Report on Form 8-K filed on December 4, 2002;

    Report on Form 8-K filed on January 24, 2003; and

    The description of the common stock of Simpson Manufacturing Co., Inc. in its Registration Statement on Form 8-A, including any amendment or report filed to update that description.

        You may request a copy of these filings at no cost, by writing or telephoning Simpson Manufacturing Co., Inc. at the following address:

Simpson Manufacturing Co., Inc.
4120 Dublin Blvd., Suite 400
Dublin, CA 94568
(925) 560-9000

        This Prospectus is part of a Registration Statement that Simpson Manufacturing Co., Inc. filed with the Securities and Exchange Commission. You should rely only on the information incorporated by reference or provided in this Prospectus, any prospectus supplement and the Registration Statement. Simpson Manufacturing Co., Inc. has not authorized anyone to provide you with different information. You should not assume that the information in this Prospectus and any prospectus supplement is accurate as of any date other than the date on the front of the document.


LEGAL MATTERS

        Shartsis, Friese & Ginsburg LLP, San Francisco, California, is passing on certain legal matters for Simpson Manufacturing Co., Inc. with respect to the validity of the common stock offered by this Prospectus. Partners of Shartsis, Friese & Ginsburg LLP own an aggregate of 15,202 shares of the outstanding Common Stock of Simpson Manufacturing Co., Inc.


EXPERTS

        The financial statements incorporated in this Prospectus by reference to the Annual Report on Form 10-K for the year ended December 31, 2001 have been so incorporated in reliance on the report of PricewaterhouseCoopers LLP, independent accountants, given on the authority of said firm as experts in auditing and accounting.

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PART II
INFORMATION NOT REQUIRED IN PROSPECTUS

Item 14.    Other Expenses of Issuance and Distribution.

SEC Registration Fee   $ 6,072
Accounting Fees and Expenses*   $ 5,000
Legal Fees and Expenses*   $ 10,000
Miscellaneous Expenses*   $ 5,000
   
Total*   $ 26,072
   

*
Estimated.

        One-half of such expenses, up to $15,000, will be borne by the Registrant, and the balance will be borne by Simpson PSB Fund.


Item 15.    Indemnification of Directors and Officers

        The Certificate of Incorporation of the Registrant provides that a director will not be liable to the Registrant or its stockholders for monetary damages for breach of fiduciary duty as a director, except to the extent such exemption from liability or limitation thereof is not permitted under the Delaware General Corporation Law (the "GCL") as the same exists or may hereafter be amended.

        GCL section 145(a) provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with such action, suit or proceeding if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe the person's conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner which the person reasonably believed to be in or not opposed to the best interest of the corporation, and, with respect to any criminal action or proceeding, had reasonable cause to believe that the person's conduct was unlawful.

        GCL section 145(b) states that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys' fees) actually and reasonably incurred by the person in connection with the defense or settlement of such action or suit if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the

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circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

        GCL section 145(c) provides that to the extent that a present or former director or officer of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in GCL sections 145 (a) and (b), or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' fees) actually and reasonably incurred by such person in connection therewith.

        GCL section 145(d) states that any indemnification under GCL sections 145(a) and (b) (unless ordered by a court) shall be made by the corporation only as authorized in the specific case upon a determination that indemnification of the present or former director, officer, employee or agent is proper in the circumstances because the person has met the applicable standard of conduct set forth in GCL sections 145 (a) and (b). Such determination shall be made, with respect to a person who is a director or officer at the time of such determination, (a) by a majority of the directors who were not parties to such action, suit or proceeding, even though less than a quorum, or (b) by a committee of such directors designated by majority vote of such directors, even though less than a quorum, or (c) if there are no such directors, or if such directors so direct, by independent legal counsel in a written opinion, or (d) by the stockholders.

        GCL section 145(e) provides that expenses (including attorneys' fees) incurred by an officer or director in defending any civil, criminal, administrative or investigative action, suit or proceeding may be paid by the corporation in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such director or officer to repay such amount if it shall ultimately be determined that such person is not entitled to be indemnified by the corporation as authorized in GCL section 145. Such expenses (including attorneys' fees) incurred by former officers and directors or other employees and agents may be so paid upon such terms and conditions, if any, as the corporation deems appropriate.

        GCL section 145(f) states that the indemnification and advancement of expenses provided by, or granted pursuant to, the other subsections of GCL section 145 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in such person's official capacity and as to action in another capacity while holding such office.

        GCL section 145(g) provides that a corporation shall have the power to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against any liability asserted against him and incurred by such person in any such capacity, or arising out of such person's status as such, whether or not the corporation would have the power to indemnify such person against such liability under the provisions of GCL section 145.

        GCL section 145(j) states that the indemnification and advancement of expenses provided by, or granted pursuant to, GCL section 145 shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

        In addition, the Bylaws of the Registrant require that the Registrant indemnify its officers and directors to the maximum extent permissible under the GCL, including indemnification against any claims, damages or liabilities in connection with any acts or omissions other than those for which a director may not be relieved of liability as described in the preceding paragraph and other than in circumstances in which indemnity is expressly prohibited by GCL section 145.

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        The Registrant has entered into agreements to indemnify the directors and officers of the Registrant and its subsidiaries, in addition to indemnification provided in the Registrant's Bylaws. These agreements, among other things, require that the Registrant indemnify; the directors and officers for certain expenses, including attorney's fees, judgments, fines and settlement amounts incurred by; any such person in any action or proceeding or any threatened action or proceeding, whether civil or criminal, arising out of such person's actions as a director or officer of the Registrant of any of its subsidiaries or as a trustee of a profit-sharing trust of the Registrant or any of its subsidiaries

        Pursuant to GCL section 145, the Registrant has purchased insurance on behalf of its present and former directors and officers against any liability asserted against or incurred by them in such capacity or arising out of their status as such.


Item 16.    Exhibits

Exhibit
Number

  Description of Exhibits
5.1   Opinion of Shartsis, Friese & Ginsburg LLP

10.1

 

Form of Finder's Agreement between the Registrant and each of Barry Vogel & Associates, CJS Securities and Sidoti & Company

23.1

 

Consent of Shartsis, Friese & Ginsburg LLP (included in Exhibit 5.1)

23.2

 

Consent of PricewaterhouseCoopers LLP, Independent Accountants

24.1

 

Power of Attorney (included in Part II of the Registration Statement under the caption "Signatures")


Item 17.    Undertakings

        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 Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. If 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.

        The undersigned Registrant hereby undertakes that:

    (1)
    For purposes of determining any liability under the Securities Act of 1933, the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the Registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act of 1933 shall be deemed to be part of this registration statement as of the time it was declared effective.

    (2)
    For the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of Prospectus 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.

II-3


    (3)
    For purposes of determining any liability under the Securities Act of 1933, each filing of Registrant's annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to 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.

II-4



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-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Dublin, State of California, on January 30, 2003.

    SIMPSON MANUFACTURING CO., INC.

 

 

By:

/s/  
MICHAEL J. HERBERT      
Michael J. Herbert
Chief Financial Officer

        Each person whose signature appears below hereby appoints Michael J. Herbert and Thomas J Fitzmyers, and each of them, each of whom may act without joinder of the other, as his or her true and lawful attorney-in-fact and agent, 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 execute in the name and on behalf of such person any amendment or any post-effective amendment to this registration statement, and any registration statement relating to any offering made in connection with the offering covered by this registration statement that is to be effective on filing pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and to file the same, with exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing appropriate or necessary to be done, as fully and for all intents and purposes as he or she might or could to in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or their substitute or substitutes may lawfully do or cause to be done by virtue hereof.

        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/  THOMAS J FITZMYERS      
Thomas J Fitzmyers
  President, Chief Executive Officer and Director (Principal Executive Officer)   January 30, 2003

/s/  
MICHAEL J. HERBERT      
Michael J. Herbert

 

Chief Financial Officer, Treasurer and Secretary (Principal Financial and Accounting Officer)

 

January 30, 2003

/s/  
BARCLAY SIMPSON      
Barclay Simpson

 

Chairman of the Board of Directors

 

January 30, 2003

/s/  
EARL F. CHEIT      
Earl F. Cheit

 

Director

 

January 30, 2003

 

 

 

 

 

II-5



/s/  
STEPHEN B. LAMSON      
Stephen B. Lamson

 

Vice President and Director

 

January 30, 2003

/s/  
PETER N. LOURAS, JR.      
Peter N. Louras, Jr.

 

Director

 

January 30, 2003

/s/  
SUNNE WRIGHT MCPEAK      
Sunne Wright McPeak

 

Director

 

January 30, 2003

/s/  
BARRY LAWSON WILLIAMS      
Barry Lawson Williams

 

Director

 

January 30, 2003

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EXHIBIT INDEX

Exhibit
Number

  Description of Exhibits
5.1   Opinion of Shartsis, Friese & Ginsburg LLP

10.1

 

Form of Finder's Agreement between the Registrant and each of Barry Vogel & Associates, CJS Securities and Sidoti & Company

23.1

 

Consent of Shartsis, Friese & Ginsburg LLP (included in Exhibit 5.1)

23.2

 

Consent of PricewaterhouseCoopers LLP, Independent Accountants

24.1

 

Power of Attorney (included in Part II of the registration statement under the caption "Signatures")



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USE OF PROCEEDS
SELLING STOCKHOLDER
PLAN OF DISTRIBUTION
WHERE YOU CAN FIND MORE INFORMATION
INCORPORATION BY REFERENCE
LEGAL MATTERS
EXPERTS
PART II INFORMATION NOT REQUIRED IN PROSPECTUS
SIGNATURES
EXHIBIT INDEX
EX-5.1 3 a2102092zex-5_1.htm EX-5.1
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Exhibit 5.1

 
 
   
ROBERT CHARLES FRIESE
ARTHUR J. SHARTSIS
MARY JO SHARTSIS
DOUGLAS L. HAMMER
RONALD HAYES MALONE
JOEL ZELDIN
JOHN P. BROADHURST
DAVID H. KREMER
CHARLES R. RICE
ANTHONY B. LEUIN
ROBERT E. SCHABERG
TRACY L. SALISBURY
JEFFREY A. O'CONNELL
CAROLYN R. KLASCO
JONATHAN M. KENNEDY
ADAM ELSESSER
STEVEN O. GASSER
BARBARA W. STAMAN
ZESARA C. CHAN
GEOFFREY W. HAYNES
CHRISTOPHER J. RUPRIGHT
CAROLYN S. REISER
ROBERT CHARLES WARD
JAMES P. MARTIN
JAHAN P. RAISSI
FRANK A. CIALONE
JOHN F. MILANI
NEIL J. KOREN
ERICK C. HOWARD
ALISSA A. CHACKO
ANTHONY J. CALDWELL
AMY L. HESPENHEIDE
MILLIE LAUREN CHOU
TRACY A. DONSKY
LATISHA R. BROWN
JAMES J. FROLIK
KELLIE ANN AKI TAKENAKA
RICHARD F. MUNZINGER
CECILY D. FREYERMUTH
SHARTSIS, FRIESE & GINSBURG LLP

EIGHTEENTH FLOOR
ONE MARITIME PLAZA
SAN FRANCISCO, CALIFORNIA 94111
  TELEPHONE
(415) 421-6500

FACSIMILE
(415) 421-2922

WEBSITE
www.sfglaw.com

SENIOR COUNSEL
Alan J. Robin

COUNSEL
Monique V. Alonso
Winnifred C. Ward
Joan L. Grant
Ellyn T. Roberts
Mary Kay Kennedy

January 30, 2003

Simpson Manufacturing Co., Inc.
4120 Dublin Boulevard, Suite 400
Dublin, California 94568


Re: Simpson Manufacturing Co., Inc.—Registration Statement on Form S-3

Ladies and Gentlemen:

        We are counsel for Simpson Manufacturing Co., Inc., a Delaware corporation (the "Company"), in connection with its Registration Statement on Form S-3 under the Securities Act of 1933, as amended, relating to the proposed sale by Simpson PSB Fund of 2,000,000 shares of the Company's Common Stock, par value of $.01 per share. We are of the opinion that such shares being so registered for sale by Simpson PSB Fund have been duly authorized and are, and when sold and delivered as contemplated in such Registration Statement will be, validly issued, fully paid and non-assessable.

        We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to such Registration Statement.

    Very truly yours,

 

 

SHARTSIS, FRIESE & GINSBURG LLP

 

 

By:

/s/  
DOUGLAS L. HAMMER      
Douglas L. Hammer



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Simpson Manufacturing Co., Inc. Registration Statement on Form S–3
EX-10.1 4 a2102092zex-10_1.htm EX-10.1
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EXHIBIT 10.1


FINDER'S AGREEMENT

        This FINDER'S AGREEMENT is made as of                        , 2003, by and between                        ("Finder") and Simpson PSB Fund, a California nonprofit public benefit corporation ("PSB"), with reference to the following facts:

        PSB proposes to sell some or all of its 2,000,000 shares ("Shares") of the common stock of Simpson Manufacturing Co., Inc. Finder is                         [and does not regularly act as a finder in connection with such transactions] .

        In consideration of the mutual covenants herein, Finder and PSB agree as follows:

        1.    Engagement.    PSB hereby engages Finder, and Finder hereby accepts such engagement, as a finder of one or more potential buyers (each, a "Buyer") of up to 2,000,000 Shares in an offering registered on Form S-3 under the Securities Act of 1933, as amended (the "1933 Act"). Finder shall use such efforts as Finder considers appropriate to introduce to PSB one or more Buyers. PSB shall have no duty or obligation whatsoever to enter into any transaction with any Buyer.

        2.    Activities.    As a finder, Finder shall limit its activities to introducing one or more potential Buyers to PSB. Finder shall not, directly or indirectly, under this Agreement, offer or sell or attempt to offer or sell any securities or participate or assist in any way in any negotiations between any Buyer and PSB. Finder shall not act as a broker or dealer with respect to any offer or sale of Shares. Finder shall have no right, power, authority or duty to act for or on behalf of, to sign for, to commit or to bind PSB in any respect, whatsoever.

        3.    Term.    Either party may terminate this Agreement, with or without cause, on ten days' prior notice to the other party; provided that (a) either party may terminate this Agreement immediately by notice to the other party of a breach of this Agreement by the other party, (b) all provisions of this Agreement, other than sections 1 and 2, shall survive the termination of this Agreement with respect to Buyers who engage in transactions with PSB within 180 days from such termination, except that the provisions of section 4 shall survive only if Finder shall not have breached this Agreement, and (c) sections 5 through 19 shall survive any termination of this Agreement.

        4.    Compensation.    As compensation for the services rendered by Finder hereunder, PSB shall pay Finder an amount equal to                         .

        5.    Independent Contractor.    Neither Finder nor PSB shall have any authority or power to incur or create, or shall incur or create, any obligation, express or implied, on behalf of the other. In all matters relating to this Agreement, PSB shall be solely responsible for its acts and the acts of its employees and Finder shall be solely responsible for its acts and the acts of its employees. Finder is and will hereafter act as an independent contractor and not as an employee of PSB and nothing in this Agreement may be interpreted or construed to create any employment, partnership, joint venture or other similar relationship between Finder and PSB. Finder shall be solely responsible for all matters relating to the payment of Finder's employees, agents and independent contractors, including compliance with workers compensation, unemployment, disability insurance, social security, withholding and all other federal, state and local laws, rules and regulations governing such matters.

        6.    Expenses.    Finder shall be responsible for all expenses incurred by Finder in performing services pursuant to this Agreement.

        7.    Finder's Representations and Covenants.    Finder represents, warrants and covenants to PSB, as follows:

            (a)  Finder has all business and professional licenses, registrations and permits necessary or appropriate, and shall timely obtain any such license, registration or permit that may hereafter become necessary or appropriate, under all applicable laws and regulations to perform the services contemplated by this Agreement.


            (b)  If Finder is a member of the National Association of Securities Dealers, Inc. (the "NASD"), or a registered representative or registered principal of such a member, a registered principal of Finder or such member shall sign or initial any written communication provided by PSB to Finder, and Finder shall file any such written communication with the NASD if required to do so pursuant to any rules of the NASD and shall otherwise comply with all rules of the NASD that apply to Finder's services as contemplated by this Agreement.

            (c)  If Finder is subject to additional laws, regulations or rules of any other business, professional, governmental or self-regulatory organization, Finder shall comply with all such laws, regulations and rules with respect to any written communication provided by PSB to Finder.

            (d)  Neither Finder nor any partner, director or officer of Finder is or would be disqualified from participation in any capacity in any offering under Regulation A promulgated by the Securities and Exchange Commission under the 1933 Act pursuant to paragraph (b) or (c) of Rule 262 of Regulation A.

        8.    Liability of PSB.    PSB shall not be responsible for any misrepresentation or omission of Finder. Finder agrees to hold PSB and its Affiliates harmless from and against any and all claims, liabilities, damages and expenses that may arise as a result of any act or omission of Finder. Finder shall indemnify and defend PSB and its Affiliates and hold them harmless, to the fullest extent permitted by law, from and against any and all claims, liabilities, losses, damages and expenses (including, without limitation, reasonable attorneys' fees and expenses, all expert witnesses' fees and expenses and all costs of investigation), as they are incurred, that are directly or indirectly related to or otherwise suffered or incurred in connection with Finder's bad faith, negligence or willful misconduct, any violation by Finder of federal or state securities laws or any breach by Finder of this Agreement. "Affiliate" means, when used with reference to a specified person, any person directly or indirectly controlling, controlled by or under common control with the specified person, any trust or foundation to which the specified person has made a majority of the grants, donations or contributions received by that trust or foundation, a person owning or controlling ten percent or more of the outstanding voting securities of the specified person, a person ten percent or more of whose outstanding voting securities are owned or controlled by the specified person, any employee, agent, officer, director, partner, manager, member or trustee of the specified person, and if the specified person is an officer, director, general partner, manager, member or trustee, any corporation, partnership, limited liability company or trust for which the specified person acts in any such capacity.

        9.    Liability of Finder.    Finder shall not be responsible for any misrepresentation or omission on the part of PSB. PSB agrees to hold Finder harmless from and against any and all claims, liabilities, damages and expenses that may arise as a result of any act or omission of PSB. PSB shall indemnify and defend Finder and its Affiliates, to the fullest extent permitted by law, from and against any and all claims, liabilities, losses, damages and expenses (including, without limitation, reasonable attorneys' fees and expenses, all expert witnesses' fees and expenses and all costs of investigation), as they are incurred, that are directly or indirectly related to or otherwise suffered or incurred in connection with PSB's bad faith, negligence or willful misconduct, any violation by PSB of federal or state securities laws or any breach by PSB of this Agreement.

        10.  Amendments.    This Agreement may not be amended or modified except by a writing signed by both parties.

        11.  Governing Law.    This Agreement shall be governed by and construed and interpreted in accordance with the laws of the State of California.

        12.  Assignment.    Finder may not assign any rights under this Agreement or delegate any duties under this Agreement. Any attempted or purported assignment or delegation of this Agreement or any rights or duties hereunder by Finder shall be void.

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        13.  Entire Agreement.    This Agreement contains the entire agreement of the parties and supersedes all prior negotiations, correspondence, understandings and agreements between the parties, regarding the subject matter hereof.

        14.  Headings; Gender; Number; References.    The headings at the beginning of the sections hereof are solely for convenience of reference and are not part of this Agreement. As used herein, each gender includes each other gender, the singular includes the plural and vice versa, as the context may require and "person" shall be deemed to include natural person and corporation, limited liability company, partnership, trust or other entity. All references to sections are intended to refer to sections of this Agreement, except as otherwise indicated.

        15.  No Waiver.    No right or power of PSB shall be deemed to have been waived by any act or conduct on the part of PSB, or by any neglect to exercise such right or power, or by any delay in so doing; and every right and power of PSB shall continue in full force and effect until such right or power is specifically waived by an instrument in writing executed by PSB. No waiver of any right or power on any one occasion shall be deemed to be a waiver of any other right or power or of the same right or power on any subsequent occasion. All remedies of PSB against Finder are cumulative.

        16.  Notices.    Any notice, consent, authorization or other communication to be given hereunder shall be in writing and shall be deemed duly given and received when delivered personally, when transmitted by facsimile, three days after being mailed by first class mail, or one business day after being deposited for next-day delivery with a nationally recognized overnight delivery service, all charges or postage prepaid, properly addressed to the party to receive such notice at the last address furnished for such purpose by the party to whom the notice is directed.

        17.  Arbitration.    The parties waive their rights to seek remedies in court, including any right to a jury trial. The parties agree that any dispute between arising out of, relating to or in connection with this Agreement shall be resolved exclusively through binding arbitration conducted under the auspices of JAMS pursuant to its Arbitration Rules and Procedures. The arbitration hearing shall be held in the county and state of the principal office of PSB at the time the dispute arises. Disputes shall not be resolved in any other forum or venue. The arbitration shall be conducted by a retired judge who is experienced in resolving disputes regarding the securities business. The parties agree that the arbitrator shall apply the substantive law of the State of California, that limited discovery shall be conducted in accordance with JAMS' Arbitration Rules and Procedures, and that the arbitrator may not award punitive or exemplary damages, unless (but only to the extent that) such damages are required by law to be an available remedy for any of the specific claims asserted. In accordance with JAMS' Arbitration Rules and Procedures, the arbitrator's award shall consist of a written statement as to the disposition of each claim and the relief, if any, awarded on each claim. The award shall not include or be accompanied by any findings of fact, conclusions of law or other written explanation of the reasons for the award. The parties understand that the right to appeal or to seek modification of any ruling or award by the arbitrator is severely limited under state and federal law. Any award rendered by the arbitrator shall be final and binding, and judgment may be entered on it in any court of competent jurisdiction in the county and state of the principal office of PSB at the time the award is rendered or as otherwise provided by law.

        18.  Counterparts.    This Agreement may be executed in any number of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

        19.  No Third-Party Beneficiaries.    Neither party intends for this Agreement to benefit any third party not expressly named in this Agreement.

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        IN WITNESS WHEREOF, this Finder's Agreement has been duly executed by or on behalf of the parties hereto as of the date first written above.

PSB:   FINDER:  

SIMPSON PSB FUND

 

    


By:

    


 

Signature:

    


 

Barclay Simpson

 

Printed Name:

    


 

President

 

Title (if any):

    


Address:

3669 Mt. Diablo Blvd.

 

Address:

    


 

Lafayette, CA 94549

 

 

    


Telephone:

    


 

Telephone:

    


Facsimile:

    


 

Facsimile:

    

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FINDER'S AGREEMENT
EX-23.2 5 a2102092zex-23_2.htm EX-23.2
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EXHIBIT 23.2


CONSENT OF INDEPENDENT ACCOUNTANTS

        We hereby consent to the incorporation by reference in this Registration Statement on Form S-3 of our report dated February 4, 2002, relating to the financial statements and financial statement schedules of Simpson Manufacturing Co., Inc., which appears in Simpson Manufacturing Co., Inc.'s Annual Report on Form 10-K for the year ended December 31, 2001. We also consent to the references to us under the heading "Experts" in such Registration Statement.


/s/  
PRICEWATERHOUSECOOPERS LLP      

 

San Francisco, California
January 31, 2003




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CONSENT OF INDEPENDENT ACCOUNTANTS
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