S-8 1 forms8.htm SHORETEL, INC S-8 2-7-2014

 
As filed with the Securities and Exchange Commission on February 7, 2014
Registration No. 333-______
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

SHORETEL, INC.
(Exact name of the Registrant as specified in its charter)

Delaware
 
77-0443568
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)

960 Stewart Drive
Sunnyvale, California 94085
(Address of principal executive offices, including zip code)

2007 Equity Incentive Plan
2007 Employee Stock Purchase Plan
 (Full titles of the plans)

Don Joos
 President and Chief Executive Officer
ShoreTel, Inc.
960 Stewart Drive
Sunnyvale, California 94085
(408) 331-3300
(Name, address and telephone number,
including area code, of agent for service)

Copy to:
Dennis DeBroeck, Esq.
Jeffrey R. Vetter, Esq.
Fenwick & West LLP
Silicon Valley Center
801 California St.
Mountain View, California 94041
 (650) 988-8500
(Counsel to the Registrant)
 
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one)

 
Large accelerated Filer £
 
Accelerated Filer  S
Non-accelerated Filer £
(Do not check if a smaller reporting company)
 
Smaller reporting company £

CALCULATION OF REGISTRATION FEE

Title of Securities
to be
Registered
 
Amount
to be
Registered(1)
   
Proposed Maximum Offering Price
Per Share
   
Proposed Maximum Aggregate Offering Price
   
Amount of Registration Fee
 
Common Stock, $0.001 par value
   
3,059,937
(2)
 
$
7.64
   
$
23,377,918.68
(4)
 
$
3,011.08
 
Common Stock, $0.001 par value
   
611,987
(3)
 
$
7.64
   
$
3,974,243.58
(4)
 
$
511.88
 
Total
   
3,671,924
                   
$
3,522.96
 
 
(1)
This Registration Statement shall also cover any additional shares of Common Stock which become issuable under the 2007 Equity Incentive Plan and 2007 Employee Stock Purchase Plan by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected without the Registrant’s receipt of consideration which results in an increase in the number of the outstanding shares of the Registrant’s common stock.
 
(2) Represents shares reserved on January 1, 2014 for issuance for awards that may be granted under the 2007 Equity Incentive Plan.  Shares issuable upon exercise of the options granted under the 2007 Equity Incentive Plan were previously registered on registration statements on Form S-8 filed with the Securities and Exchange Commission on July 3, 2007 (Registration No. 333-144338).
 
(3) Represents shares reserved on January 1, 2014 for issuance upon the exercise of purchase rights that may be granted under the 2007 Employee Stock Purchase Plan. Shares issuable upon exercise of the options granted under the 2007 Employee Stock Purchase Plan were previously registered on registration statements on Form S-8 filed with the Securities and Exchange Commission on July 3, 2007 (Registration No. 333-144338).
 
(4) Estimated pursuant to Rules 457(c) and (h) of the Securities Act of 1933, as amended, solely for the purpose of calculating the registration fee, and based on $7.64, the average of the high and low sales price reported on the NASDAQ Global Market on February 3, 2014.  In the case of the 2007 Employee Stock Purchase Plan, this amount is multiplied by 85%, which amount is the percentage of the price per share applicable to purchases under the 2007 Employee Stock Purchase Plan.

REGISTRATION OF ADDITIONAL SHARES
PURSUANT TO GENERAL INSTRUCTION E
 
This registration statement on Form S-8 registers an aggregate of 3,671,924 additional shares of common stock reserved on January 1, 2014 for issuance for awards granted under the Registrant’s 2007 Equity Incentive Plan and for issuance under the Registrant’s 2007 Employee Stock Purchase Plan, pursuant to the terms of each such plan.  This registration statement on Form S-8 hereby incorporates by reference the contents of the Registrant’s registration statements on Form S-8 filed with the Securities and Exchange Commission on July 3, 2007 (Registration No. 333-144338).

SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, the Registrant, ShoreTel, Inc., 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 Sunnyvale, State of California, on this 7th day of February 2014.
 
SHORETEL, INC.

 
By:
/s/ Michael E. Healy
 
 
 
Michael E. Healy
 
 
 
Chief Financial Officer
 

POWER OF ATTORNEY
 
KNOW BY ALL PERSONS BY THESE PRESENTS that each individual whose signature appears below constitutes and appoints Allen Seto and Michael E. Healy, and each of them, his or her true and lawful attorneys-in-fact and agents with full power of substitution, 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 on Form S-8, and to file the same, with all exhibits thereto and all documents in connection therewith, making such changes in this registration statement as such person or persons so acting deems appropriate, 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 and about the premises, 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 his, her or their substitute or substitutes, 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/ Don Joos
 
President, Chief Executive Officer,
 
February 7, 2014
 
Don Joos
 
and a Director
(Principal Executive Officer)
 
 
 
 
/s/ Michael E. Healy
 
Chief Financial Officer
 
February 7, 2014
 
Michael E. Healy
 
(Principal Financial Officer and
Principal Accounting Officer)
 
 
 
 
/s/ Charles D. Kissner
 
Chairman of the Board
 
February 7, 2014
 
Charles D. Kissner
 
 
 
 
 
 
/s/ Mark F. Bregman
 
Director
 
February 7, 2014
 
Mark F. Bregman
 
 
 
 
 
 
/s/ Gary J. Daichendt
 
Director
 
February 7, 2014
 
Gary J. Daichendt
 
 
 
 
 
 
/s/ Kenneth D. Denman
 
Director
 
February 7, 2014
 
Kenneth D. Denman
 
 
 
 
 
 
/s/ Constance E. Skidmore
 
Director
 
February 7, 2014
 
Constance E. Skidmore
 
 
 
 
 
 
/s/ Edward F. Thompson
 
Director
 
February 7, 2014
 
Edward F. Thompson
 
 
 
 

Exhibit Index
 
 
 
 
 
Incorporated By Reference
 
 
Exhibit
No.
 
Exhibit
 
Form
 
File No.
 
Filing
Date
 
Exhibit
No.
 
Filed
Herewith
4.01
 
Third Restated Certificate of Incorporation of the Registrant
 
10-K
 
001-33506
 
9-27-07
 
3.1
 
 
 
4.02
 
Third Amended and Restated Bylaws of the Registrant
 
10-Q
 
001-33506
 
11-9-09
 
3.1
 
 
 
4.03
 
Form of Registrant’s Common Stock certificate
 
S-1/A
 
333-140630
 
6-25-07
 
4.1
 
 
 
4.04
 
Registrant’s 2007 Equity Incentive Plan.
 
S-1
 
333-140630
 
6-11-07
 
10.3
 
 
 
4.05
 
Registrant’s 2007 Employee Stock Purchase Plan, as amended.
 
10-Q
 
001-33506
 
2-4-11
 
10.1
 
 
 
 
Opinion of Fenwick & West LLP
 
 
 
 
 
 
 
 
 
X
 
23.1
 
Consent of Fenwick & West LLP (included in Exhibit 5.01)
 
 
 
 
 
 
 
 
 
X
 
 
Consent of Independent Registered Public Accounting Firm
 
 
 
 
 
 
 
 
 
X
 
24.1
 
Power of Attorney (See page II-3).
 
 
 
 
 
 
 
 
 
X