As filed with the Securities and Exchange Commission on December 22, 2004
Registration No. 333-
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
___________________
GUESS?, INC.
(Exact name of registrant as specified in its charter)
___________________
Delaware 95-3679695
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1444 South Alameda Street
Los Angeles, California 90021
(213) 765-3100
(Address, including zip code, and telephone number
of principal executive offices)
___________________
Guess?, Inc. 2004 Equity Incentive Plan
(Full title of the plan)
___________________
Deborah S. Siegel
General Counsel and Secretary
Guess?, Inc.
1444 South Alameda Street
Los Angeles, California 90021
(213) 765-3100
(Name, address and telephone number, including area code,
of agent for service)
___________________
Copy to:
David J. Johnson, Jr.
O'Melveny & Myers, LLP
400 S. Hope Street
Los Angeles, California 90071
(213) 430-6000
___________________
CALCULATION OF REGISTRATION FEE
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Proposed Proposed
maximum maximum
Title of Amount offering aggregate Amount of
securities to be price offering registration
to be registered registered(1) per unit(2) price(2) fee(2)
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Common Stock,
$0.01 par value: 5,000,000 $11.87 $59,350,000 $6,985.50
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(1) This Registration Statement covers, in addition to the number of shares
of Common Stock stated above, options and other rights to purchase or
acquire the shares of Common Stock covered by the Prospectus, and
pursuant to Rule 416(c) under the Securities Act of 1933, as amended
(the "Securities Act"), the amount registered hereunder includes an
additional indeterminate number of shares, options and rights which by
reason of certain events specified in the Guess?, Inc. 2004 Equity
Incentive Plan (the "Plan") may become subject to the Plan.
(2) Pursuant to Rule 457(h), the maximum offering price, per share and
in the aggregate, and the registration fee were calculated based upon
the average of the high and low prices of the Common Shares on
December 15, 2004.
The Exhibit Index for this Registration Statement is at page 9.
PART I
INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in Part I of Form S-8
(plan information and registrant information) will be sent or given to
employees as specified by Securities Act Rule 428(b)(1). Such documents need
not be filed with the Securities and Exchange Commission (the "Commission")
either as part of this Registration Statement or as prospectuses or prospectus
supplements pursuant to Securities Act Rule 424. These documents, which include
the statement of availability required by Item 2 of Form S-8, and the documents
incorporated by reference in this Registration Statement pursuant to Item 3 of
Form S-8 (Part II hereof), taken together, constitute a prospectus that meets
the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
Item 3. Incorporation of Certain Documents by Reference
The following documents, which have been filed by Guess?, Inc. (the
"Company" or the "Registrant") with the Commission pursuant to the Securities
Exchange Act of 1934, as amended (the "Exchange Act") (Commission File Number
1-11893) are hereby incorporated by reference in, and shall be deemed to be a
part of, this Registration Statement:
(a) The Company's Annual Report on Form 10-K for its fiscal year ended
December 31, 2003, filed with the Commission on March 12, 2004;
(b) The Company's Quarterly Reports on Form 10-Q for its fiscal quarters
ended March 27, 2004, June 26, 2004 and September 25, 2004, filed with
the Commission on May 6, 2004, August 4, 2004 and November 1, 2004,
respectively; and
(c) The description of the Company's common stock contained in the
Company's Registration Statement on Form 8-A/A filed under the Exchange
Act with the Commission on July 31, 1996 and any amendment or report
filed for the purpose of updating such description.
All documents subsequently filed by the Company 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 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. Any statement contained
herein or in a document incorporated or deemed to be 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 subsequently filed document which also is or is deemed to be incorporated
by reference herein, modifies or supersedes such statement. Any such statement
so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute part of this Registration Statement.
Item 4. Description of Securities
Inapplicable.
Item 5. Interests of Named Experts and Counsel
Inapplicable.
Item 6. Indemnification of Directors and Officers
Section 145(a) of the General Corporation Law of the States of Delaware
(the "General Corporation Law"), provides that a Delaware corporation may
indemnify any person who was or is a party or is threatened to be made a party
to any threatened, pending or completed action, suit or proceeding, whether
civil, criminal, administrative or investigative (other than an action by or
in the right of the corporation) by reason of the fact that he or she is or was
a director, officer, employee or agent of the corporation or is or was serving
at the request of the corporation as a director, officer, employee or agent of
another corporation or enterprise, against expenses, judgments, fines and
amounts paid in settlement actually and reasonably incurred by him or her in
connection with such action, suit or proceeding if he or she acted in good faith
and in a manner he or she reasonably believed to be in or not opposed to the
best interests of the corporation, and, with respect to any criminal action or
proceeding, had no cause to believe his or her conduct was unlawful.
Section 145(b) provides that a Delaware corporation may indemnify any
person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action or suit by or in the right of the
corporation to procure a judgment in its favor by reason of the fact that such
person acted in any of the capacities set forth above, against expenses actually
and reasonably incurred by him or her in connection with the defense or
settlement of such action or suit if he or she acted under similar standards,
except that no indemnification may be made in respect to any claim, issue or
matter as to which such person shall have been adjudged to be liable to the
corporation unless and only to the extent that the court in which such action
or suit was brought shall determine that despite the adjudication of liability,
such person is fairly and reasonably entitled to be indemnified for such
expenses which the court shall deem proper.
Section 145 further provides that to the extent a director or officer of a
corporation has been successful in the defense of any action, suit or proceeding
referred to in subsections (a) and (b) or in the defense or any claim, issue or
matter therein, he or she shall be indemnified against expenses actually and
reasonably incurred by him or her in connection therewith; that indemnification
provided for by Section 145 shall not be deemed exclusive of any other rights to
which the indemnified party may be entitled; and that the corporation may
purchase and maintain insurance on behalf of a director or officer of the
corporation against any liability asserted against him or her or incurred by
him or her in any such capacity or arising out of his or her status as such,
whether or not the corporation would have the power to indemnify him or her
against such liabilities under such Section 145.
Section 102(b)(7) of the General Corporation Law provides that a
corporation in its original certificate of incorporation or an amendment
thereto validly approved by stockholders may eliminate or limit personal
liability of members of its board of directors or governing body for violations
of a director's duty of care. However, no such provision may eliminate or limit
the liability of a director for breaching his or her duty of loyalty, acting or
failing to act in good faith, engaging in intentional misconduct or knowingly
violating a law, paying an unlawful dividend or approving an unlawful stock
repurchase, or obtaining an improper personal benefit. A provision of this type
has no effect on the availability of equitable remedies, such as injunction or
rescission, for breach of fiduciary duty. The Company's Certificate of
Incorporation contains such a provision.
The Company's Bylaws provide that the Company shall indemnify officers and
directors to the full extent permitted by and in the manner permissible under
the laws of the State of Delaware.
The Company has a directors and officers' liability insurance policy with
coverage for, among other things, liability for violations of federal and state
securities laws.
The Company has entered into indemnity agreements with its directors and
officers for indemnification of and advancement of expenses to such persons to
the full extent permitted by law. The Company intends to execute such indemnity
agreements with its future officers and directors.
Item 7. Exemption from Registration Claimed
Inapplicable.
Item 8. Exhibits
See the attached Exhibit Index at page 9.
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:
(i) To include any prospectus required by Section 10(a)(3) of
the Securities Act;
(ii) To reflect in the prospectus any facts or events arising
after the effective date of this 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 this
Registration Statement; and
(iii) To include any material information with respect to the
plan of distribution not previously disclosed in this
Registration Statement or any material change to such
information in this 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
by the Registrant pursuant to Section 13 or Section 15(d) of the
Exchange Act that are incorporated by reference in this Registration
Statement;
(2) 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 therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering
thereof; and
(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 this 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 provisions described in
Item 6 above, or otherwise, the Registrant has been advised that in
the opinion of the 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.
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 Los Angeles, State of California, on the 22 day
of December, 2004.
GUESS?, INC.,
a Delaware corporation
By: /s/ Carlos Alberini
------------------------------------
Carlos Alberini
President, Chief Operating Officer
and Director
POWER OF ATTORNEY
We, the undersigned officers and directors of Guess?, Inc., hereby
severally constitute and appoint Carlos Alberini and Frederick G. Silny as
attorneys in fact, and each of them singly, our true and lawful attorneys-in-
fact, with full power to them in any and all capacities, to sign any amendments
to this Registration Statement on Form S-8 (including any post-effective
amendments thereto), 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 may do
or cause to be done by virtue hereof
Pursuant to the requirements of the Securities Act, this Registration
Statement has been signed below by the following persons in the capacities and
on the dates indicated.
Signature Title Date
/s/ Maurice Marciano
-------------------- Co-Chairman of the Board, Co-Chief December 22, 2004
Maurice Marciano Executive Officer and Director
(Principal Executive Officer)
/s/ Paul Marciano
------------------- Co-Chairman of the Board, Co-Chief December 22, 2004
Paul Marciano Executive Officer and Director
/s/ Carlos Alberini
------------------- President, Chief Operating Officer December 22, 2004
Carlos Alberini and Director
/s/ Frederick C. Silny
---------------------- Senior Vice President and Chief December 22, 2004
Frederick G. Silny Financial Officer (Principal
Financial Officer and Principal
Accounting Officer)
/s/ Anthony Chidoni
--------------------- Director December 1, 2004
Anthony Chidoni
/s/ Alice Kane
-------------------- Director December 22, 2004
Alice Kane
/s/ Karen Neuburger
-------------------- Director December 22, 2004
Karen Neuburger
/s/ Howard Weitzman
-------------------- Director December 1, 2004
Howard Weitzman
EXHIBIT INDEX
Exhibit
Number Description of Exhibit
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4 Guess?, Inc. 2004 Equity Incentive Plan.(1)
5 Opinion of O'Melveny & Myers LLP (Opinion re Legality).
23.1 Independent Auditors' Consent (KPMG, LLP)
23.2 Consent of O'Melveny & Myers LLP (included in Exhibit 5).
24 Power of Attorney (included in this Registration Statement
under "Signatures").
(1) Filed with the Commission as Appendix A to the Definitive Proxy Statement
filed by the Company on April 14, 2004 (Commission File Number 001-11893)
and incorporated herein by this reference.