S-8 1 s8text.htm FORM S-8 TEXT

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

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

WPS RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)

Wisconsin
(State or other jurisdiction
of incorporation or organization)

 

39-1775292
(I.R.S. Employer
Identification No.)

   

700 North Adams Street
P.O. Box 19001
Green Bay, Wisconsin
(Address of principal executive offices)

54307
(Zip Code)

WPS Resources Corporation Omnibus Incentive Compensation Plan
(Full title of the plan)

Larry L. Weyers
Chairman, President and Chief Executive Officer
WPS Resources Corporation
700 North Adams Street
P.O. Box 19001
Green Bay, Wisconsin 54307
(920) 433-1727
(Name, address and telephone number, including area
code, of agent for service)

Copy to: 

Michael S. Nolan
Foley & Lardner
777 East Wisconsin Avenue
Milwaukee, Wisconsin 53202
Telephone Number: (414) 297-5672

__________________________________

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,
$1 par value

Purchase Rights(3)

2,000,000 shares

$36.22

72,440,000

$6,664

(1) Pursuant to Rule 416(a) under the Securities Act of 1933, this Registration Statement covers that number of additional shares of Common Stock that may become issuable as a result of stock splits, stock dividends or similar transactions pursuant to the anti-dilution provisions of the Plan.

(2) Estimated pursuant to Rule 457(c) under the Securities Act of 1933 solely for the purpose of determining the registration fee based on the average of the high and low prices of the Common Stock on the New York Stock Exchange, Inc. Composite Transactions reporting system on January 15, 2002.

(3) The Common Stock Purchase Rights are attached to and traded with the shares of Common Stock being registered hereby. The value attributed to the Common Stock Purchase Rights, if any, is reflected in the market price of the Common Stock.

_________________________________

PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

        The document or documents containing the information specified in Part I are not required to be filed with the Securities and Exchange Commission (the "Commission") as part of this Form S-8 Registration Statement.

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.     Incorporation of Documents by Reference.

        The following documents have been previously filed by WPS Resources Corporation ("WPS Resources") with the Commission and are incorporated herein by reference:

        a. WPS Resources Annual Report on Form 10-K for the year ended December 31, 2000, which includes audited financial statements as of and for the year then ended.

        b. All other reports filed by WPS Resources pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), since December 31, 2000.

        c. The description of the capital stock of WPS Resources contained in Item 1 of WPS Resources' Registration Statement on Form 8-B, filed June 1, 1994 with the Commission, and any amendments or reports filed for the purpose of updating such description.

        All documents subsequently filed by WPS Resources pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act after the date of filing of this Registration Statement and prior to such time as WPS Resources files a post-effective amendment to this Registration Statement which indicates that all securities offered hereby 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.

Item 4.     Description of Securities.

        Not applicable.

Item 5.     Interests of Named Experts and Counsel.

        Not applicable.

Item 6.     Indemnification of Directors and Officers.

        Pursuant to the Wisconsin Business Corporation law and Article VI of the By-Laws of WPS Resources, directors and officers of WPS Resources are entitled to mandatory indemnification from WPS Resources against certain liabilities and expenses to the extent such officers or directors are successful on the merits or otherwise in connection with a proceeding, unless it is determined that the director or officer breached or failed to perform his duties to WPS Resources and such breach or failure constituted: (a) a willful failure to deal fairly with WPS Resources or its shareholders in connection with a matter in which the director or officer had a material conflict of interest; (b) a violation of the criminal law unless the director or officer had reasonable cause to believe his or her conduct was lawful or had no reasonable cause to believe his or her conduct was unlawful; (c) a transaction from which the director or officer derived an improper personal profit; or (d) willful misconduct. It should also be noted that the Wisconsin Business Corporation Law specifically states that it is the policy of Wisconsin to require or permit indemnification in connection with a proceeding involving securities regulation, as described therein, to the extent required or permitted as described above. Additionally, under the Wisconsin Business Corporation Law, directors of WPS Resources are not subject to personal liability to WPS Resources, its shareholders or any person asserting rights on behalf thereof for certain breaches or failures to perform any duty resulting solely from their status except in circumstances paralleling those in subparagraphs (a) through (d) outlined above.

        The indemnification described above may be broad enough to cover liabilities under the Securities Act of 1933. WPS Resources has in place insurance permitted by the Wisconsin Business Corporation Law on behalf of its officers and directors which may cover liabilities under the Securities Act of 1933.

Item 7.     Exemption from Registration Claimed.

        Not applicable.

Item 8.     Exhibits.

        The exhibits filed herewith or incorporated herein by reference are set forth in the attached Exhibit Index.

Item 9.     Undertakings.

        a. The undersigned Registrants hereby undertake:

        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 of 1933;

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 in the 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 Securities and Exchange Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the 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 herein, 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 Registrants hereby undertake that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in this Registration Statement 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.

        c. Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrants have been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the 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 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 Act and will be governed by the final adjudication of such issue.

 

SIGNATURES

        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 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 Green Bay, State of Wisconsin, on this 22nd day of January, 2002.

WPS RESOURCES CORPORATION

 

By:   /s/ Larry L. Weyers
Larry L. Weyers
Chairman, President, and Chief
Executive Officer

        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 dates indicated. Each person whose signature appears below constitutes and appoints Larry L. Weyers, Joseph P. O'Leary and Barth J. Wolf, and each of them individually, his or her attorneys-in-fact and agents, 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 or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

SIGNATURES

Signature

Title

Date

     

/s/ Larry L. Weyers
  Larry L. Weyers

Chairman, President, Chief Executive Officer and Director (Principal Executive Officer)

January 22, 2002

     

/s/ Joseph P. O'Leary
  Joseph P. O'Leary

Senior Vice President and Chief Financial Officer (Principal Financial Officer)

January 22, 2002

     

/s/ Diane L. Ford
  Diane L. Ford

Vice President-Controller and Chief Accounting Officer (Principal Accounting Officer)

January 22, 2002

     

/s/ A. Dean Arganbright
  A. Dean Arganbright

Director

January 22, 2002

   

/s/ Michael S. Ariens
  Michael S. Ariens

Director

January 22, 2002

 

   

/s/ R. A. Bemis
  Richard A. Bemis

Director

January 22, 2002

 

   

/s/ Robert C. Gallagher
  Robert C. Gallagher

Director

January 22, 2002

 

   

/s/ Kathryn M. Hasselbald-Pascale
  Kathryn M. Hasselblad-Pascale

Director

January 22, 2002

 

   

/s/ James L. Kemerling
  James L. Kemerling

Director

January 22, 2002

 

   

/s/ John C. Meng
  John C. Meng

Director

January 22, 2002

 

   

/s/ Wm. F. Protz
  William F. Protz

Director

January 22, 2002

     

 

 

EXHIBIT INDEX

Exhibit Number

Exhibit Description

   

(4.1)

WPS Resources 2001 Omnibus Incentive Compensation Plan (Incorporated by reference to Exhibit 10H-4 to the Registrant's Annual Report on Form 10-K for the year ended December 31, 2000 (File No. 1-11337)).

   

(4.2)

Restated Articles of Incorporation of Registrant (Incorporated by reference to Appendix B to Amendment No. 1 to Registration Statement on Form S-4, filed February 28, 1994 (Reg. No. 33-521991)).

   

(4.3)

Rights Agreement dated December 12, 1996, between the Registrant and Firstar Trust Company (Incorporated by reference to Exhibit 4-1 to Form 8-A, filed December 13, 1996 (File No. 1-11337)).

   

(5)

Opinion of Foley & Lardner.

   

(23.1)

Consent of Arthur Andersen LLP.

   

(23.2)

Consent of Foley & Lardner (contained in Exhibit 5).

   

(24)

Power of Attorney (contained on the signature page hereto).