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S-8 Filing
Rambus (RMBS) S-8Registration of securities for employees
Filed: 29 May 20, 4:58pm
As filed with the Securities and Exchange Commission on May 29, 2020
RegistrationNo. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORMS-8
REGISTRATION STATEMENT
Under
The Securities Act of 1933
RAMBUS INC.
(Exact name of Registrant as specified in its charter)
Delaware | 94-3112828 | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) |
1050 Enterprise Way, Suite 700
Sunnyvale, California 94089
(Address of principal executive offices)
2015 Equity Incentive Plan
2015 Employee Stock Purchase Plan
(Full title of the plan)
Jae Kim, Esq.
Senior Vice President and General Counsel
1050 Enterprise Way, Suite 700
Sunnyvale, California 94089
(Name and address of agent for service)
(408)462-8000
(Telephone number, including area code, of agent for service)
Copy to:
Michael E. Coke, Esq.
Wilson Sonsini Goodrich & Rosati
Professional Corporation
650 Page Mill Road
Palo Alto, California 94304
(650)493-9300
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act.
Large accelerated filer | ☒ | Accelerated filer | ☐ | |||||||
Non-accelerated filer | ☐ | Smaller reporting company | ☐ | |||||||
Emerging growth company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
CALCULATION OF REGISTRATION FEE
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Title of Securities to be Registered | Amount to be | Proposed Maximum | Proposed Maximum Offering Price | Amount of Registration Fee | ||||
Common Stock, $0.001 par value per share: | ||||||||
- 2015 Equity Incentive Plan | 7,800,000(2) | $15.38 | $119,964,000.00 | $15,571.33 | ||||
- 2015 Employee Stock Purchase Plan | 2,000,000(3) | $13.07 | 26,140,000.00 | 3,392.97 | ||||
Total | 9,800,000 | $146,104,000.00 | $18,964.30 | |||||
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(1) | Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement covers any additional shares of the Registrant’s common stock (“Common Stock”) that become issuable under the Registrant’s 2015 Equity Incentive Plan (the “2015 Plan”) and the Registrant’s 2015 Employee Stock Purchase Plan (the “ESPP”), by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant’s receipt of consideration that results in an increase in the number of outstanding shares of Common Stock. |
(2) | Estimated in accordance with Rules 457(c) and (h) of the Securities Act solely for the purpose of calculating the registration fee on the basis of $15.38 per share, which is the average of the high and low prices of Common Stock, as reported on The NASDAQ Global Select Market on May 27, 2020. |
(3) | Estimated in accordance with Rules 457(c) and (h) solely for the purpose of calculating the registration fee on the basis of 85% of $15.38 per share, which is the average of the high and low prices of Common Stock, as reported on The NASDAQ Global Select Market on May 27, 2020. Pursuant to the ESPP, the purchase price of the shares of Common Stock reserved for issuance thereunder will be at least 85% of the lower of the fair market value of Common Stock on the Enrollment Date or the Exercise Date (as such terms are defined in the ESPP). |
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 Commission acting pursuant to said Section 8(a) may determine.
PART I
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
The information specified in Item 1 and Item 2 of Part I of FormS-8 is omitted from this Registration Statement on FormS-8 (the “Registration Statement”) in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the “Securities Act”), and the introductory note to Part I of FormS-8. The documents containing the information specified in Part I of FormS-8 will be delivered to the participants in the equity benefit plans covered by this Registration Statement as specified by Rule 428(b)(1) under the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. | Incorporation of Documents by Reference |
The Registrant hereby incorporates by reference into this Registration Statement the following documents previously filed with the Securities and Exchange Commission (the “Commission”):
(1) The Registrant’s Annual Report on FormForm10-K for the fiscal year ended December 31, 2019, filed with the Commission on February 26, 2020, pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”);
(2) All other reports filed with the Commission pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by the Registrant’s Annual Report referred to in (1) above; and
(3) The description of the Registrant’s Common Stock contained in the Registrant’s Registration Statement onForm 8-A filed with the Commission on April 2, 1997, including any amendment or report filed for the purpose of updating such description.
All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then 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;provided,however, that documents or information deemed to have been furnished and not filed in accordance with the rules of the Commission shall not be deemed incorporated by reference into this Registration Statement. Any statement contained in a document 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 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 superseded, to constitute a part of this Registration Statement.
Item 4. | Description of Securities |
Not applicable.
Item 5. | Interests of Named Experts and Counsel |
Not applicable.
Item 6. | Indemnification of Directors and Officers |
The Registrant’s Certificate of Incorporation and Bylaws provide for the indemnification of present and former directors, officers, employees and agents of the Registrant and persons serving as directors, employees or agents of another corporation or entity at the request of the Registrant to the fullest extent permitted by the Delaware General Corporation Law. In addition, the Registrant enters into indemnification agreements with each of its directors and executive officers pursuant to which such persons are indemnified for costs and expenses actually and reasonably incurred by such persons in connection with a threatened, pending or completed claim arising out of service as a director, officer, employee, trustee and/or agent of the Registrant or another entity at the request of the Registrant. The Registrant maintains an insurance policy insuring its directors and officers against liability for certain acts and omissions while acting in their official capacities.
Item 7. | Exemption from Registration Claimed |
Not applicable.
Item 8. | Exhibits |
Exhibit Number | Incorporated by Reference | |||||||||||||||||
Description | Form | File No. | Exhibit | Filing Date | ||||||||||||||
4.1 | 2015 Equity Incentive Plan, as amended. | 8-K | 000-22339 | 10.1 | 5/6/2020 | |||||||||||||
4.2 | Form of Restricted Stock Unit Agreement (2015 Equity Incentive Plan). | 10-Q | 000-22339 | 10.3 | 7/23/2015 | |||||||||||||
4.3 | Form of Stock Option Agreement (2015 Equity Incentive Plan). | 10-Q | 000-22339 | 10.4 | 7/23/2015 | |||||||||||||
4.4 | 2015 Employee Stock Purchase Plan, as amended. | 8-K | 000-22339 | 10.2 | 5/6/2020 | |||||||||||||
5.1 | Opinion of Wilson Sonsini Goodrich & Rosati, Professional Corporation. | |||||||||||||||||
23.1 | Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm. | |||||||||||||||||
23.2 | Consent of Wilson Sonsini Goodrich & Rosati, Professional Corporation (contained in Exhibit 5.1 hereto). | |||||||||||||||||
24.1 | Power of Attorney (contained on signature page hereto). |
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:
(i) To include any prospectus required by section 10(a)(3) of the Securities Act;
(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
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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 with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this 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 undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, 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.
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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 FormS-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 this 29th day of May, 2020.
RAMBUS INC. | ||
By: | /s/ Jae Kim | |
Jae Kim | ||
Senior Vice President and General Counsel |
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each of Luc Seraphin, Rahul Mathur and Jae Kim as such individual’s true and lawful agent, proxy andattorney-in-fact, with full power of substitution, for such individual in any and all capacities, to sign any and all amendments to this registration statement on FormS-8, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto each saidattorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he might or could do in person, hereby ratifying and confirming all that each saidattorney-in-fact and agent, or his substitute, 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 date indicated:
Signature | Title | Date | ||
/s/ Luc Seraphin Luc Seraphin | Chief Executive Officer, President and Director (Principal Executive Officer) | May 29, 2020 | ||
/s/ Rahul Mathur Rahul Mathur | Senior Vice President, Finance and Chief Financial Officer (Principal Financial Officer) | May 29, 2020 | ||
/s/ Keith Jones Keith Jones | Vice President, Chief Accounting Officer and Corporate Controller (Principal Accounting Officer) | May 29, 2020 | ||
/s/ Charles Kissner Charles Kissner | Chairman of the Board of Directors | May 29, 2020 | ||
/s/ Emiko Higashi Emiko Higashi | Director | May 29, 2020 | ||
/s/ Meera Rao Meera Rao | Director | May 29, 2020 | ||
/s/ Sanjay Saraf Sanjay Saraf | Director | May 29, 2020 | ||
/s/ Necip Sayiner Necip Sayiner | Director | May 29, 2020 | ||
/s/ Eric Stang Eric Stang | Director | May 29, 2020 |