As filed with the Securities and Exchange Commission on October 4, 2001
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
DOT HILL SYSTEMS CORP.
(Exact name of registrant as specified in its charter)
Delaware (State of Incorporation) |
13-3460176 (I.R.S. Employer Identification No.) |
6305 El Camino Real
Carlsbad, California 92009
(760) 931-5500
(Address of principal executive offices)
2000 AMENDED AND RESTATED EQUITY INCENTIVE PLAN
2000 AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN
(Full titles of the Plans)
James L. Lambert
Chief Executive Officer
Dot Hill Systems Corp.
6305 El Camino Real
Carlsbad, California 92009
(760) 931-5500
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Thomas A. Coll, Esq.
Cooley Godward LLP
4401 Eastgate Mall
San Diego, California 92121
(858) 550-6000
CALCULATION OF REGISTRATION FEE
Title of Securities To Be Registered |
Amount to be Registered (1) |
Proposed Maximum Offering Price Per Share(2) |
Proposed Maximum Aggregate Offering Price(2) |
Amount of Registration Fee |
||||
---|---|---|---|---|---|---|---|---|
Common Stock, par value $0.001 per share | 642,904 shares | $1.33 | $855,062.32 | $213.77 | ||||
INCORPORATION OF DOCUMENTS BY REFERENCE
The following documents filed by DOT HILL SYSTEMS CORP. (the "Registrant") with the Securities and Exchange Commission ("SEC") are incorporated by reference into this registration statement:
All reports and other 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 the filing of such reports and documents. Any statement contained in a document incorporated by reference herein shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is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 Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.
INDEMNIFICATION OF DIRECTORS AND OFFICERS
Under Section 145 of the Delaware General Corporation Law the Registrant has broad powers to indemnify its directors and officers against liabilities they may incur in such capacities, including liabilities under the Securities Act. The Registrant's Bylaws require the Registrant to indemnify its directors and executive officers to the fullest extent not prohibited by Delaware law or any other applicable law, and permit the Registrant to indemnify its other officers, employees and other agents, to the extent permitted by Delaware law. The Bylaws also require the Registrant to advance litigation expenses in the case of stockholder derivative actions or other actions, against an undertaking by the indemnified party to repay such advances if it is ultimately determined that the indemnified party is not entitled to indemnification.
Exhibit Number |
Description |
|
---|---|---|
4.1 | Amended and Restated Certificate of Incorporation of the Registrant (incorporated herein by reference to Exhibit 4.1 of the Registrant's Current Report on Form 8-K dated September 19, 2001). | |
4.2 |
Bylaws of the Registrant (incorporated herein by reference to Exhibit 4.2 of the Registrant's Current Report on Form 8-K dated September 19, 2001). |
|
5.1 |
Opinion of Cooley Godward LLP. |
|
23.1 |
Consent of Deloitte & Touche LLP. |
1
23.2 |
Consent of Arthur Andersen LLP. |
|
23.3 |
Consent of Cooley Godward LLP is contained in Exhibit 5.1 of this registration statement. |
|
24.1 |
Power of Attorney is contained on the signature pages of this registration statement. |
|
99.1 |
2000 Amended and Restated Equity Incentive Plan (incorporated herein by reference to Exhibit 99.1 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
|
99.2 |
Form of Stock Option Agreement used in connection with the 2000 Amended and Restated Equity Incentive Plan (incorporated herein by reference to Exhibit 99.2 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
|
99.3 |
Form of Stock Option Grant Notice used in connection with the 2000 Amended and Restated Equity Incentive Plan (incorporated herein by reference to Exhibit 99.3 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
|
99.4 |
2000 Amended and Restated Employee Stock Purchase Plan (incorporated herein by reference to Exhibit 99.4 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
(a) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
Provided, however, that paragraphs (a)(i) and (a)(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 by the issuer pursuant to section 13 or section 15(d) of the Exchange Act that are incorporated by reference herein.
(b) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
2
(c) 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.
3
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 Carlsbad, State of California, on September 30, 2001.
DOT HILL SYSTEMS CORP. | |||
By: |
/s/ JAMES L. LAMBERT |
||
Name: | James L. Lambert | ||
Title: | Chief Executive Officer, President and Director |
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints JAMES L. LAMBERT and PRESTON ROMM, and each or any one of them, 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 sign any and all amendments (including post-effective amendments) to this registration statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange 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 connection therewith, 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 any of them, or their, his or her substitutes or substitute, may lawfully do or cause to be done by virtue hereof.
4
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 and on the dates indicated.
Signature |
Title |
Date |
||
---|---|---|---|---|
/s/ JAMES L. LAMBERT (James L. Lambert) |
Chief Executive Officer, President and Director (PRINCIPAL EXECUTIVE OFFICER) |
September 30, 2001 | ||
/s/ PRESTON ROMM (Preston Romm) |
Chief Financial Officer (PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER) |
September 30, 2001 |
||
/s/ CHARLES F. CHRIST (Charles F. Christ) |
Chairman of the Board of Directors |
September 30, 2001 |
||
/s/ CAROL TURCHIN (Carol Turchin) |
Vice Chairman of the Board of Directors |
September 30, 2001 |
||
/s/ W.R. SAUEY (W.R. Sauey) |
Director |
September 30, 2001 |
||
/s/ BENJAMIN MONDERER (Benjamin Monderer) |
Director |
September 24, 2001 |
||
/s/ BENJAMIN BRUSSEL (Benjamin Brussel) |
Director |
September 25, 2001 |
||
/s/ NORMAN R. FARQUHAR (Norman R. Farquhar) |
Director |
September 30, 2001 |
||
/s/ CHONG SUP PARK (Chong Sup Park) |
Director |
September 26, 2001 |
5
Exhibit Number |
Description |
|
---|---|---|
4.1 | Amended and Restated Certificate of Incorporation of the Registrant (incorporated herein by reference to Exhibit 4.1 of the Registrant's Current Report on Form 8-K dated September 19, 2001). | |
4.2 |
Bylaws of the Registrant (incorporated herein by reference to Exhibit 4.2 of the Registrant's Current Report on Form 8-K dated September 19, 2001). |
|
5.1 |
Opinion of Cooley Godward LLP. |
|
23.1 |
Consent of Deloitte & Touche LLP. |
|
23.2 |
Consent of Arthur Andersen LLP. |
|
23.3 |
Consent of Cooley Godward LLP is contained in Exhibit 5.1 of this registration statement. |
|
24.1 |
Power of Attorney is contained on the signature pages of this registration statement. |
|
99.1 |
2000 Amended and Restated Equity Incentive Plan (incorporated herein by reference to Exhibit 99.1 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
|
99.2 |
Form of Stock Option Agreement used in connection with the 2000 Amended and Restated Equity Incentive Plan (incorporated herein by reference to Exhibit 99.2 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
|
99.3 |
Form of Stock Option Grant Notice used in connection with the 2000 Amended and Restated Equity Incentive Plan (incorporated herein by reference to Exhibit 99.3 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
|
99.4 |
2000 Amended and Restated Employee Stock Purchase Plan (incorporated herein by reference to Exhibit 99.4 of the Registrant's Current Report on Form 8-K dated August 23, 2000). |
6
Exhibit 5.1
October 2, 2001
DOT
HILL SYSTEMS CORP.
6305 El Camino Real
Carlsbad, California 92009
Ladies and Gentlemen:
You have requested our opinion with respect to certain matters in connection with the filing by DOT HILL SYSTEMS CORP., a Delaware corporation (the "Company"), of a Registration Statement on Form S-8 (the "Registration Statement") with the Securities and Exchange Commission covering the offering of up to six hundred forty-two thousand nine hundred four (642,904) shares of the Company's Common Stock, $0.001 par value (the "Shares"), pursuant to the Company's 2000 Amended and Restated Equity Incentive Plan (the "Equity Plan") and 2000 Amended and Restated Employee Stock Purchase Plan (the "ESPP").
In connection with this opinion, we have examined the Registration Statement, the Equity Plan, the ESPP, the Company's Certificate of Incorporation and Bylaws, as amended, and the originals or copies certified to our satisfaction of other documents, records, certificates, memoranda and other instruments as we deem necessary as a basis for this opinion. We have assumed the genuineness and authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies thereof, and the due execution and delivery of all documents where due execution and delivery are a prerequisite to the effectiveness thereof.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Equity Plan or the ESPP, as applicable, the Registration Statement and the related prospectus, will be validly issued, fully paid, and nonassessable (except as shares of the Shares issued pursuant to certain deferred payment arrangements, which will be fully paid and nonassessable when such deferred payments are made in full).
We consent to the filing of this opinion as an exhibit to the Registration Statement.
Very truly yours,
COOLEY GODWARD LLP
/s/ Thomas A. Coll
Thomas A. Coll
Exhibit 23.1
We consent to the incorporation by reference in this Registration Statement of Dot Hill Systems Corp. on Form S-8 of our reports dated January 24, 2001 (March 20, 2001 as to the subsequent events in Notes 8 and 17) and May 5, 1999, appearing in the Annual Report on Form 10-K of Dot Hill Systems Corp. for the year ended December 31, 2000.
/s/ Deloitte & Touche LLP |
||
San Diego, California October 1, 2001 |
Exhibit 23.2
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by reference in this S-8 Registration Statement of our reports dated August 2, 1999 included in Dot Hill Systems Corp.'s Form 10-K for the year ended December 31, 2000.
/s/ Arthur Andersen LLP |
||
Philadelphia, Pennsylvania October 1, 2001 |