10-12B 1 d1012b.txt FORM 10 As filed with the Securities and Exchange Commission on February 8, 2002 ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------- FORM 10 GENERAL FORM FOR REGISTRATION OF SECURITIES Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 ----------------- Westwood Holdings Group, Inc. (Exact name of registrant as specified in its charter) ----------------- Delaware 75-2969997 (State or other (I.R.S. Employer jurisdiction of Identification No.) incorporation or organization) 300 Crescent Court, Suite 1300 Dallas, Texas 75201 (214) 756-6900 (Address, including zip code, and telephone number, including area code, of principal executive offices) ----------------- Securities to be registered pursuant to Section 12(b) of the Act: Name of exchange on which each Title of each class to be so registered class is to be registered --------------------------------------- ------------------------- Common Stock, $0.01 par value New York Stock Exchange Securities to be registered pursuant to Section 12(g) of the Act: None ----------------- Copies of Communications Sent To: David G. McLane John B. McKnight Gardere Wynne Sewell LLP Locke Liddell & Sapp LLP 1601 Elm Street, Suite 3000 2200 Ross Avenue, Suite 2200 Dallas, Texas 75201-4761 Dallas, Texas 75201 Telephone: (214) 999-3000 Telephone: (214) 740-8000 ----------------- EXPLANATORY NOTE: THIS REGISTRATION STATEMENT HAS BEEN PREPARED ON A PROSPECTIVE BASIS ON THE ASSUMPTION THAT, AMONG OTHER THINGS, THE SPIN-OFF (AS DESCRIBED IN THE INFORMATION STATEMENT WHICH IS A PART OF THIS REGISTRATION STATEMENT) AND THE RELATED TRANSACTIONS CONTEMPLATED TO OCCUR PRIOR TO OR CONTEMPORANEOUSLY WITH THE SPIN-OFF WILL BE CONSUMMATED AS CONTEMPLATED BY THE INFORMATION STATEMENT. THERE CAN BE NO ASSURANCE, HOWEVER, THAT ANY OR ALL OF SUCH TRANSACTIONS WILL OCCUR OR WILL OCCUR AS SO CONTEMPLATED. ANY SIGNIFICANT MODIFICATIONS OR VARIATIONS IN THE TRANSACTIONS CONTEMPLATED WILL BE REFLECTED IN AN AMENDMENT OR SUPPLEMENT TO THIS REGISTRATION STATEMENT. ================================================================================ WESTWOOD HOLDINGS GROUP, INC. I. INFORMATION INCLUDED IN INFORMATION STATEMENT AND INCORPORATED IN FORM 10 BY REFERENCE CROSS-REFERENCE SHEET BETWEEN INFORMATION STATEMENT AND ITEMS OF FORM 10
Item No. Item Caption Location in Information Statement -------- ------------ --------------------------------- Item 1. Business "Summary," "Risk Factors," "Relationship Between SWS and Westwood After the Spin-off," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Business" Item 2. Financial Information "Selected Consolidated Financial Data," "Management's Discussion and Analysis of Financial Condition and Results of Operations" Item 3. Properties "Business - Properties" Item 4. Security Ownership of Certain "Principal Stockholders" Beneficial Owners and Management Item 5. Directors and Executive Officers "Management" Item 6. Executive Compensation "Management" Item 7. Certain Relationships and Related "Relationship Between SWS and Westwood After the Spin- Transactions off," "Certain Relationships and Related Transactions" Item 8. Legal Proceedings "Business - Legal Proceedings" Item 9. Market Price and Dividends on the "Summary," "Risk Factors," "The Spin-off," "Dividend Registrant's Common Equity Policy," "Description of Capital Stock" and Related Stockholder Matters Item 11. Description of Registrant's "Description of Capital Stock" Securities to be Registered Item 12. Indemnification of Directors and "Description of Capital Stock - Liability and Officers Indemnification of Directors and Officers" Item 13. Financial Statements and "Selected Consolidated Financial Data," "Consolidated Supplementary Data Financial Statements" Item 15. Financial Statements and Exhibits "Index to Consolidated Financial Statements"
II. INFORMATION NOT INCLUDED IN INFORMATION STATEMENT Item 10. Recent Sales of Unregistered Securities On December 14, 2001, in connection with the incorporation of Westwood Holdings Group, Inc. ("Westwood"), Westwood issued 5,374 shares of its common stock to SWS Group, Inc. in return for the contribution of all of the issued and outstanding capital stock of Westwood Management Corporation and Westwood Trust to Westwood. The exemption from registration was pursuant to Section 4(2) of the Securities Act of 1933, as amended, and the rules and regulations promulgated under the Securities Act on the basis that the transaction did not involve a public offering. Item 14. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None. Item 15. Financial Statements and Exhibits (b) Exhibits:
Exhibit Number Description ------ ----------- 2.1 Form of Distribution Agreement between SWS Group, Inc. and Westwood Holdings Group, Inc. 3.1 Form of Amended and Restated Certificate of Incorporation of Westwood Holdings Group, Inc.* 3.2 Form of Amended and Restated Bylaws of Westwood Holdings Group, Inc.* 4.1 Form of Common Stock Certificate of Westwood Holdings Group, Inc.* 10.1 Westwood Holdings Group, Inc. Stock Incentive Plan 10.2 Westwood Holdings Group, Inc. Deferred Compensation Plan 10.3 Form of Tax Separation Agreement between SWS Group, Inc. and Westwood Holdings Group, Inc. 10.4 Form of Transition Services Agreement between SWS Group, Inc., Westwood Management Corporation and Westwood Trust 10.5 Promissory Note and Pledge Agreement between Susan Byrne and Westwood Holdings Group, Inc. 10.6 Promissory Note and Pledge Agreement between Brian Casey and Westwood Holdings Group, Inc. 10.7 Promissory Note and Pledge Agreement between Patricia Fraze and Westwood Holdings Group, Inc. 10.8 Promissory Note and Pledge Agreement between Lynda Calkin and Westwood Holdings Group, Inc. 10.9 Promissory Note and Pledge Agreement between Joyce Schaer and Westwood Holdings Group, Inc. 10.10 Office Lease between Westwood Management Corporation and Crescent Real Estate Funding I, L.P., dated as of April 4, 1990, and amendment thereto 10.11 Software License Agreement between Infovisa and Westwood Trust, dated as of December 1, 2001 10.12 Software License and Support Agreement between Advent Software, Inc. and Westwood Management Corporation, dated as of December 30, 1996 21.1 Subsidiaries 99.1 Information Statement of SWS Group, Inc.
-------- * To be filed by amendment. SIGNATURES Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized. WESTWOOD HOLDINGS GROUP, INC. By: /s/ SUSAN M. BYRNE ----------------------------- Susan M. Byrne, Chief Executive Officer Dated February 8, 2002