-----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, NmgLFI9h3NcLCJLzkGjsL/OPg/bEg36zXCCi3WNHl13bfNPbdUEiJoXW4934qus1 vpo7onOOs6IjlsDKt4D7SQ== 0000891618-99-005429.txt : 19991125 0000891618-99-005429.hdr.sgml : 19991125 ACCESSION NUMBER: 0000891618-99-005429 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19991124 EFFECTIVENESS DATE: 19991124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YESMAIL COM INC CENTRAL INDEX KEY: 0001087943 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 364020286 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: S-8 SEC ACT: SEC FILE NUMBER: 333-91617 FILM NUMBER: 99764004 BUSINESS ADDRESS: STREET 1: 565 LAKEVIEW PARKWAY STREET 2: SUITE 135 CITY: VERNON HILLS STATE: IL ZIP: 60061 BUSINESS PHONE: 8479189292 S-8 1 FORM S-8 1 As filed with the Securities and Exchange Commission on November 24, 1999 Registration No. 333-__________ ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 --------------------------------------------- FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 --------------------------------------------- YESMAIL.COM, INC. (Exact name of Registrant as specified in its charter) Delaware 36-4020286 - ------------------------ -------------------------------------- (State of Incorporation) (I.R.S. Employer Identification Number)
565 Lakeview Parkway, Suite 135 Vernon Hills, Illinois 60061 (Address of Principal Executive Offices) --------------------------------------------- 1999 STOCK OPTION PLAN 1999 EMPLOYEE STOCK PURCHASE PLAN (Full title of the plans) --------------------------------------------- David M. Tolmie Chief Executive Officer yesmail.com, inc. 565 Lakeview Parkway, Suite 135 Vernon Hills, Illinois 60061 (Name and address of agent for service) (847) 918-9292 (Telephone number, including area code, of agent for service) --------------------------------------------- Copy to: J. Robert Suffoletta WILSON SONSINI GOODRICH & ROSATI, P.C. 650 Page Mill Road Palo Alto, California 94304 Telephone: (650) 493-9300 2
CALCULATION OF REGISTRATION FEE - -------------------------------------- ------------- ---------------- ------------------ ---------------- AMOUNT PROPOSED MAXIMUM PROPOSED MAXIMUM TITLE SECURITIES TO TO BE OFFERING PRICE AGGREGATE OFFERING AMOUNT OF BE REGISTERED REGISTERED PER SHARE (1) PRICE REGISTRATION FEE - -------------------------------------- ------------- ---------------- ------------------ ---------------- Common Stock to be issued under 1,902,518 $ 6.12 (1) $11,642,661.18 $3,236.66 the 1999 Stock Option Plan 137,312 11.75 (2) $ 1,613,416.00 448.53 - -------------------------------------- ------------- ---------------- ------------------ ---------------- Common Stock to be issued under the 200,000 9.9875(3) $ 1,997,500.00 555.31 1999 Employee Stock Purchase Plan - -------------------------------------- ------------- ---------------- ------------------ ---------------- TOTAL: 2,239,830 $15,253,577.18 $4,240.49 - -------------------------------------- ------------- ---------------- ------------------ ----------------
(1) Estimated in accordance with Rule 457(h) solely for the purpose of calculating the registration fee, based on the weighted average price of the outstanding options as of November 22, 1999. (2) Estimated in accordance with Rule 457(h) solely for the purpose of calculating the registration fee, based on the average of the high and low prices per share of the Common Stock as reported on The Nasdaq National Market on November 19, 1999. (3) Estimated in accordance with Rule 457(h) solely for the purpose of calculating the registration fee, based on 85% of the average of the high and low prices per share of the Common Stock as reported on The Nasdaq National Market on November 19, 1999. ================================================================================ 3 YESMAIL.COM, INC. REGISTRATION STATEMENT ON FORM S-8 PART II INFORMATION REQUIRED IN REGISTRATION STATEMENT ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE. There are hereby incorporated by reference in this Registration Statement the following documents and information heretofore filed with the Securities and Exchange Commission: 1. The Company's Registration Statement on Form S-1 (File No. 333-80137) as amended (the "Registration Statement"), filed pursuant to the Securities Act of 1933, as amended (the "Securities Act"), relating to the Company's initial public offering of its Common Stock. 2. The description of the Company's Common Stock contained in the Company's Registration Statement on Form 8-A (File No. 000-26871) filed pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including any amendment or report filed for the purpose of updating such description. All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act on or after the date of this Registration Statement and 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 part hereof from the date of filing of such documents. 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 Company's Certificate of Incorporation limits the liability of directors to the maximum extent permitted by Delaware law. Delaware law provides that directors of a company will not be personally liable for monetary damages for breach of their fiduciary duties as directors, except for liability (i) for any breach of their duty of loyalty to the company or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or knowing violation of law, (iii) for unlawful payments or dividends or unlawful stock repurchases or redemptions as provided Section 174 of Delaware General Corporation Law or (iv) for transactions from which the director derived an improper personal benefit. II-2 4 The Company's Bylaws provide that the Company shall indemnify its officers and directors and may indemnify its employees and other agents to the fullest extent provided by Delaware law, including those circumstances where indemnification would otherwise be discretionary under Delaware law. The Company believes that indemnification under its Bylaws covers at least negligence on the part of indemnified parties. The Bylaws authorize the use of indemnification agreements and the Company has entered into such agreements with each of its directors and officers. The Company carries officer and director liability insurance with respect to certain matters, including matters arising under the Securities Act. Delaware law does not permit a corporation to eliminate a director's duty of care, and the provisions of the Company's Certificate of Incorporation have no effect on the availability of equitable remedies such as injunction or rescission, based upon a director's breach of the duty of care. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to foregoing provisions and agreements, the Company has been informed that in the opinion of the staff of the Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable. ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED. Not applicable. ITEM 8. EXHIBITS.
EXHIBIT NUMBER DESCRIPTION ------ ----------- 5.1 Opinion of counsel as to legality of securities being registered 10.3* 1999 Stock Option Plan and form of agreements thereunder 10.4* 1999 Employee Stock Purchase Plan 23.1 Consent of independent auditors 23.2 Consent of counsel (contained in Exhibit 5.1) 24.1 Power of Attorney (see page II-5)
- ----------- * Incorporated by reference to the Registrant's Registration Statement on Form S-1 (File No. 333-80137) filed with the Commission on June 7, 1999, as amended. 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, as amended (the "Securities Act") 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. II-3 5 (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. C. 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 Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In 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 Securities Act and will be governed by the final adjudication of such issue. II-4 6 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 Registration Statement to be signed on its behalf by the undersigned, thereunto, duly authorized, in the City of Vernon Hills, State of Illinois, on November 23, 1999. yesmail.com, inc. By: /s/ DAVID M. TOLMIE ------------------------ David M. Tolmie, President and Chief Executive Officer POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints David M. Tolmie and David B. Menzel, jointly and severally, his or her attorneys-in-fact, each with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Registration Statement on Form S-8 and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitution or substitutes, may do or cause to be done by virtue hereof. Pursuant to the requirements of the Securities Act, this Registration Statement has been signed on November 23, 1999 by the following persons in the capacities indicated.
SIGNATURE TITLE --------- ----- /s/ DAVID M. TOLMIE Director, President and Chief Executive Officer - ---------------------- (Principal Executive Officer) David M. Tolmie /s/ DAVID B. MENZEL Vice President, Finance and Administration - ---------------------- and Chief Financial Officer (Principal Financial David B. Menzel and Principal Accounting Officer) /s/ KENNETH D. WRUK Chairman of the Board of Director - ---------------------- Kenneth D. Wruk /s/ GIAN M. FULGONI Director - ---------------------- Gian M. Fulgoni /s/ ALEXANDER F. HERN Director - ---------------------- Alexander F. Hern /s/ MICHAEL A. SANTER Director - ---------------------- Michael A. Santer /s/ ROBERT W. SHAW Director - ---------------------- Robert W. Shaw
II-5 7 INDEX TO EXHIBITS
EXHIBIT NUMBER DESCRIPTION - ------ ----------- 5.1 Opinion of counsel as to legality of securities being registered 10.3* 1999 Stock Option Plan and form of agreements thereunder 10.4* 1999 Employee Stock Purchase Plan 23.1 Consent of independent auditors 23.2 Consent of counsel (contained in Exhibit 5.1) 24.1 Power of Attorney (see page II-5)
- ------------ * Incorporated by reference to the Registrant's Registration Statement on Form S-1 (File No. 333-80137) filed with the Commission on June 7, 1999, as amended. EX-5.1 2 OPINION OF COUNSEL 1 EXHIBIT 5.1 November 23, 1999 yesmail.com, inc. 565 Lakeview Parkway, Suite 135 Vernon Hills, Illinois 60061 RE: REGISTRATION STATEMENT ON FORM S-8 Ladies and Gentlemen: We have examined the Registration Statement on Form S-8 to be filed by you with the Securities and Exchange Commission on or about November 24, 1999 (the "Registration Statement") in connection with the registration under the Securities Act of 1933, as amended (the "Act"), of 4,425,000 shares of your Common Stock issuable under your 1999 Stock Option Plan and 200,000 shares of your Common Stock issuable under your 1999 Employee Stock Purchase Plan. Such shares of Common Stock are referred to herein as the "Shares" and the 1999 Stock Option Plan and the 1999 Employee Stock Purchase Plan are referred to herein as the "Plans". As your counsel in connection with this transaction, we have examined the proceedings taken and are familiar with the proceedings proposed to be taken by you in connection with the issuance and sale of the Shares pursuant to the Plans. It is our opinion that, upon completion of the actions being taken, or contemplated by us as your counsel to be taken by you prior to the issuance of the Shares pursuant to the Registration Statement and the Plans and upon completion of the actions being taken in order to permit such transactions to be carried out in accordance with the securities laws of the various states where required, the Shares will be legally and validly issued, fully-paid and non-assessable. We consent to the use of this opinion as an exhibit to the Registration Statement, and further consent to the use of our name wherever appearing in the Registration Statement and any amendments thereto. Very truly yours, WILSON SONSINI GOODRICH & ROSATI Professional Corporation /s/ WILSON SONSINI GOODRICH & ROSATI, P.C. EX-23.1 3 CONSENT OF INDEPENDENT AUDITORS 1 EXHIBIT 23.1 CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS As independent certified public accountants, we consent to the incorporation by reference in the Registration Statement on Form S-8 of yesmail.com, inc. of our report dated June 4, 1999 (except with respect to the matters discussed in Note 11, as to which the date is September 21, 1999) (and to all references to our firm) included in or made part of the Registration Statement on Form S-1 (File No. 333-80137) of yesmail.com, inc. /s/ ARTHUR ANDERSEN LLP ARTHUR ANDERSEN LLP Chicago, Illinois November 24, 1999 -----END PRIVACY-ENHANCED MESSAGE-----