S-8 1 0001.txt File No. 333- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-8 REGISTRATION STATEMENT Under THE SECURITIES ACT OF 1933 STANDARD MICROSYSTEMS CORPORATION (Exact name of registrant as specified in its charter) Delaware 11-2234952 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 80 Arkay Drive Hauppauge, New York 11788 (Address of Principal Executive Offices) (Zip Code) 2000 STOCK OPTION PLAN (Full title of the plan) David C. Fischer, Esq. Loeb & Loeb LLP 345 Park Avenue New York, New York 10154 (Name and address of agent for service) Telephone number, including area code, of agent for service: (212) 407-4827 Proposed Proposed Title of maximum maximum Securities Amount offering aggregate Amount of to be to be price offering Registration Registered Registered per share price Fee ------------------------------------------------------------------------- Common Stock, par value $.10 per share 6,000(1) $12.937 $ 77,622 17,500(1) $13.062 $ 228,585 9,300(1) $14.00 $ 130,200 2,500(1) $14.375 $ 35,938 1,000(1) $15.375 $ 15,375 75,000(1) $18.25 $ 1,368,750 20,000(1) $18.625 $ 372,500 868,700(2) $19.8125 $ 17,211,119 __________ ___________ __________ Total 1,000,000 $19,440,089 $5,132 --------------------- (1) Represents shares issuable upon exercise of options previously granted. (2) Represents shares issuable upon exercise of options available for grant under the 2000 Stock Option Plan. Registration fee with respect to such shares has been computed based upon the average of the high and low prices of the Common Stock on October 9, 2000, as reported in the consolidated reporting system. Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE The documents listed below shall be deemed to be incorporated by this reference in this registration statement and to be a part of this registration statement from the date of filing of this registration statement, or if later, the date of filing of the incorporated document: * SMSC's annual report on Form 10-K for the year ended February 29, 2000; * SMSC's quarterly report on Form 10-Q for the quarter ended May 31, 2000; * The description of the class of securities offered contained in SMSC's Registration Statement on Form 8-A, filed September 21, 1973, Registration Statement on Form 8-A, filed January 12, 1989, and Registration Statement on Form 8-A dated January 13, 1998, File No. 0-7422; and * All documents subsequently filed by SMSC under Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, before filing a post-effective amendment indicating that all securities offered by this registration statement have been sold or which deregisters all securities then remaining unsold. Item 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS Section 145 of the Delaware General Corporation Law provides generally that a corporation shall have the power to indemnify any person sued as a director, officer, employee or agent of the corporation, or of another corporation if that person is serving at the request of the indemnifying corporation, in non-derivative suits for expenses (including attorneys' fees), judgments, fines and amounts paid in settlement if the person acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the indemnifying corporation. In the case of criminal actions and proceedings, the person must also have had no reasonable cause to believe his conduct was unlawful. Indemnification of expenses is authorized in stockholder derivative suits where the person acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the indemnifying corporation and so long as he had not been found liable to the indemnifying corporation. Even in this latter instance, the court may determine that in view of all the circumstances the person is entitled to indemnification for the expenses that the court deems proper. A person sued as a director, officer, employee or agent of a corporation who has been successful in defense of the action must be indemnified by the corporation against expenses. SMSC's By-laws include the indemnification provisions excerpted below: 4. (a) The Corporation shall 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 he 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 him in connection with such action, suit or proceeding if he acted in good faith and in a manner he 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 his conduct was unlawful.... (b) The Corporation shall 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 he 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 him in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he 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 for negligence or misconduct in the performance of his duty 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 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. SMSC maintains directors' and officers' liability insurance for all its directors and officers. Item 8. EXHIBITS The exhibits listed in the Exhibit Index are filed as a part of this registration statement. 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 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 offered which remain unsold at the termination of the offering. (b) 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 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. (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 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 payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in 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. 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 Hauppauge, New York on this 6th day of October, 2000. STANDARD MICROSYSTEMS CORPORATION (Registrant) By: /s/ Eric M. Nowling ________________________________ ERIC M. NOWLING Vice President, Controller, and Chief Accounting Officer (Principal Accounting Officer) Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities indicated. Signature and Title Date /s/ Steven J. Bilodeau October 6, 2000 _________________________ Steven J. Bilodeau Chairman, President and Chief Executive Officer (Principal Executive Officer) /s/ Andrew M. Caggia October 6, 2000 _________________________ Andrew M. Caggia Senior Vice President and Chief Financial Officer (Principal Financial Officer) ______________________ James R. Berrett Director ______________________ James J. Boyle Director /s/ Robert M. Brill October 6, 2000 ______________________ Robert M. Brill Director /s/ Peter F. Dicks October 6, 2000 ______________________ Peter F. Dicks Director ________________________ Kathleen B. Earley Director /s/ Ivan T. Frisch October 6, 2000 ______________________ Ivan T. Frisch Director EXHIBIT INDEX Location/ Incorporated by Exhibit Reference to: No. Exhibit (1) 5 Opinion of Loeb & Loeb LLP as to legality of securities being registered (1) 23.1 Consent of Arthur Andersen LLP (2) 23.2 Consent of Loeb & Loeb LLP Incorporated by 99.1 2000 Stock reference to Exhibit Option Plan A to registrant's proxy statement dated June 6, 2000 (File No. 001-07422) ------------------------- (1) Filed herewith (2) Included in Exhibit 5