As filed with the
Securities and Exchange Commission on May 13, 2008 Registration No. 333-
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
WEBSITE
PROS, INC.
(Exact name of
registrant as specified in its charter)
Delaware
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94-3327894
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(State or other jurisdiction of
incorporation or
organization)
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(I.R.S. Employer
Identification
No.)
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12375 Gran Bay Parkway West,
Building 200
Jacksonville, Florida 32258
(904) 680-6600
(Address of principal
executive offices)
Website Pros, Inc. 2008
Equity Incentive Plan
(Full
title of the plans)
David L. Brown
Chief Executive Officer
Website Pros, Inc.
12375 Gran Bay Parkway West,
Building 200
Jacksonville, Florida 32258
(904) 680-6600
(Name, address, including zip code, and
telephone number, including area code, of agent for service)
Copies to:
James F. Fulton, Jr., Esq.
Cooley Godward Kronish LLP
Five Palo Alto Square
3000 El Camino Real
Palo Alto, California 94306
(650) 843-5000
CALCULATION
OF REGISTRATION FEE
Title of Securities
to be Registered
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Amount to be Registered (1)
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Proposed Maximum
Offering
Price per Share (2)
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Proposed Maximum
Aggregate
Offering Price (2)
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Amount of
Registration Fee
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Common Stock,
par
value $0.001 per share
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3,000,000 shares
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$10.16
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$30,465,000.00
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$1,197.27
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(1)
Pursuant to Rule 416(a), this
Registration Statement shall also cover any additional shares of Registrants
Common Stock that become issuable under the plan by reason of any stock
dividend, stock split, recapitalization or other similar transaction effected
without receipt of consideration that increases the number of outstanding
shares of Registrants Common Stock.
(2)
Estimated solely for the purpose of
calculating the amount of the registration fee pursuant to Rule 457(h) promulgated
under the Securities Act. The offering price per share and aggregate offering
price are based upon the average of the high and low prices of the Registrants
Common Stock as reported on the Nasdaq Global Market on May 12, 2008, in
accordance with Rule 457(c) of the Securities Act.
Item
3. Incorporation of Documents by
Reference.
The following documents filed with the Securities and Exchange
Commission (the Commission) are incorporated herein by reference:
1. The Registrants Annual
Report on Form 10-K for the fiscal year ended December 31, 2007 filed
with the Commission on March 11, 2008 pursuant to Section 13 of the
Securities Exchange Act of 1934, as amended (the Exchange Act);
2. The Registrants Quarterly
Report on Form 10-Q for the quarter ended March 31, 2008 filed with
the Commission on May 12, 2008;
3. The Registrants Current
Report on Form 8-K filed with the Commission on February 19, 2008, February 26,
2008, and February 27, 2008;
4. The description of the
Registrants Common Stock which is contained in the Registration Statement on Form 8-A
filed on October 31, 2005 (File No. 000-51595), under the Exchange
Act, including any amendment or report filed for the purpose of updating such
description; and
5. All reports and other
documents subsequently filed by the Registrant 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 have been
sold or which deregisters all securities then remaining unsold, shall be deemed
to be incorporated by reference herein and to be a part of this Registration
Statement from the date of the filing of such reports and documents.
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts and
Counsel.
The validity of the issuance of the common stock offered by this
prospectus and certain other legal matters are being passed upon for us by our
counsel, Cooley Godward Kronish
LLP
, Palo Alto, California.
Item 6. Indemnification of Directors and Officers.
The Registrants Amended and Restated Certificate of Incorporation
provides that a director will not be personally liable to the registrant or to
its stockholders for monetary damages for any breach of fiduciary duty as a
director to the fullest extent permitted by Section 102 of Delaware
General Corporation Law.
As permitted by Section 145 of the Delaware General Corporation
Law, the bylaws of the registrant provide that (i) the registrant is
required to indemnify its directors and executive officers to the fullest
extent not prohibited by the Delaware General Corporation Law, (ii) the
registrant may, in its discretion, indemnify its other employees and agents as
set forth in the Delaware General Corporation Law, (iii) the registrant is
required to advance all expenses incurred by its directors and executive
officers in connection with certain legal proceedings, (iv) the rights
conferred in the bylaws are not exclusive, and (v) the registrant is
authorized to enter into indemnity agreements with its directors, officers,
employees and agents.
The Registrant has entered into agreements with its directors and
officers that require the registrant to indemnify these persons against
expenses, judgments, fines, settlements, and other amounts that any such person
becomes legally obligated to pay (including with respect to a derivative
action) in connection with any proceeding, whether actual or threatened, to
which such person may be made a party by reason of the fact that such person is
or was a director or officer of the registrant or any of its affiliates. The
indemnity agreements also set forth certain procedures that will apply in the
event of a claim for indemnification thereunder. At present, no litigation or
proceeding is pending that involves a director or officer of the registrant
regarding which indemnification is sought, nor is the registrant aware of any
threatened litigation that may result in claims for indemnification.
The Registrant maintains a directors and officers insurance and
registrant reimbursement policy. The policy (i) insures directors and
officers against losses for which the registrant does not indemnify and which
losses arise
2
from certain
wrongful acts in the indemnified parties capacities as directors and officers
and (ii) reimburses the registrant for those losses for which the
registrant has lawfully indemnified the directors and officers. The policy
contains various exclusions, none of which apply to the offering.
Item 7. Exemption From Registration Claimed.
Not Applicable.
Item 8. Exhibits.
Exhibit
Number
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Description
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4.1
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Amended and
Restated Certificate of Incorporation (incorporated by reference to
Exhibit 3.3 to the Registrants registration statement on Form S-1
(No. 333-124349), filed with the Commission on April 27, 2005, as
amended)
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4.2
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Amended and Restated
Bylaws (incorporated by reference to Exhibit 3.2 to the Registrants
current report on Form 8-K (No. 000-51595), filed with the Commission on November 13, 2007)
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4.3
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Specimen Stock
Certificate (incorporated by reference to Exhibit 4.2 to the
Registrants registration statement on Form S-1 (No. 333-124349),
filed with the SEC on April 27, 2005 and as Exhibit 10.14 to the
current report on Form 8-K (No. 000-51595), filed with the
Commission on November 7, 2006, as amended)
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5.1
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Opinion of
Cooley Godward Kronish LLP
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23.1
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Consent of
Ernst & Young LLP, Independent Registered Public Accounting Firm
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23.2
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Consent of
Cooley Godward Kronish LLP is contained in Exhibit 5.1 to this
Registration Statement
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99.1
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Website
Pros, Inc. 2008 Equity Incentive Plan (incorporated by reference to Appendix
B of the Registrants Proxy Statement on Schedule 14A, filed with the
Commission on April 14, 2008)
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99.2
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Form of
Option Grant Notice
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99.3
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Form of
Restricted Stock Grant Notice
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3
Item 9. Undertakings.
1.
The
undersigned registrant hereby undertakes:
(a)
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 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. Notwithstanding the foregoing, any increase
or decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range may
be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if,
in the aggregate, the changes in volume and price represent no more than a 20 percent
change in the maximum aggregate offering price set forth in the Calculation of
Registration Fee table in the effective 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)(i) and (a)(ii) do not
apply if the information required to be included in a post-effective amendment
by those paragraphs is contained in reports filed with or furnished to the
Commission by the registrant pursuant to section 13 or section 15(d) of
the Exchange Act that are incorporated by reference in the registration
statement.
(b)
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
herein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c)
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.
(d)
That, for the purpose of determining liability of the
registrant under the Securities Act to any purchaser in the initial
distribution of the securities, the undersigned registrant undertakes that in a
primary offering of securities of the undersigned registrant pursuant to this
registration statement, regardless of the underwriting method used to sell the
securities to the purchaser, if the securities are offered or sold to such
purchaser by means of any of the following communications, the undersigned
registrant will be a seller to the purchaser and will be considered to offer or
sell such securities to such purchaser:
(i)
Any preliminary
prospectus or prospectus of the undersigned registrant relating to the offering
required to be filed pursuant to Rule 424;
(ii)
Any free writing
prospectus relating to the offering prepared by or on behalf of the undersigned
registrant or used or referred to by the undersigned registrant;
(iii)
The portion of any
other free writing prospectus relating to the offering containing material
information about the undersigned registrant or its securities provided by or
on behalf of the undersigned registrant; and
(iv)
Any other
communication that is an offer in the offering made by the undersigned
registrant to the purchaser.
4
2.
The
undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the registrants annual
report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plans
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 herein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
3.
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.
5
SIGNATURES
Pursuant to the requirements of the Securities
Act of 1933, as amended, 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 Jacksonville, State
of Florida, on May 13, 2008.
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WEBSITE PROS, INC.
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By:
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/s/
David L. Brown
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David L. Brown
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Chief Executive Officer
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POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE
PRESENTS
, that each person whose signature appears below
constitutes and appoints David Brown and Kevin Carney, and each or any one of
them, his true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him and in his 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 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 substitutes or substitute, may
lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed by the following persons in
the capacities and on the dates indicated.
Signature
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Title
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Date
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/s/
David L. Brown
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Chief
Executive Officer and Director
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May 13,
2008
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David
L. Brown
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(
Principal Executive Officer)
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/s/
Kevin M. Carney
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Chief
Financial Officer
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May 13,
2008
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Kevin
M. Carney
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(
Principal Financial and Accounting Officer
)
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/s/
Jeffrey M. Stibel
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Jeffrey
M. Stibel
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President
and Director
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May 13,
2008
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/s/
Hugh M. Durden
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Director
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May 13,
2008
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Hugh
M. Durden
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/s/
Alex Kazerani
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Director
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May 13,
2008
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Alex
Kazerani
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Director
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May 13,
2008
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Julius
Genachowski
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/s/
Timothy I. Maudlin
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Director
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May 13,
2008
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Timothy
I. Maudlin
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/s/
Robert S. McCoy, Jr.
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Director
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May 13,
2008
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Robert
S. McCoy, Jr.
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6
EXHIBIT
INDEX
Exhibit
Number
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Description
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4.1
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Amended and
Restated Certificate of Incorporation (incorporated by reference to
Exhibit 3.3 to the Registrants registration statement on Form S-1
(No. 333-124349), filed with the Commission on April 27, 2005, as
amended)
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4.2
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Amended and Restated
Bylaws (incorporated by reference to Exhibit 3.2 to the Registrants
current report on Form 8-K (No. 000-51595), filed with the Commission on November 13, 2007)
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4.3
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Specimen Stock
Certificate (incorporated by reference to Exhibit 4.2 to the Registrants
registration statement on Form S-1 (No. 333-124349), filed with the
SEC on April 27, 2005 and as Exhibit 10.14 to the current report on
Form 8-K (No. 000-51595), filed with the Commission on
November 7, 2006, as amended)
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5.1
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Opinion of Cooley
Godward Kronish LLP
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23.1
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Consent of
Ernst & Young LLP, Independent Registered Public Accounting Firm
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23.2
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Consent of
Cooley Godward Kronish LLP is contained in Exhibit 5.1 to this
Registration Statement
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99.1
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Website
Pros, Inc. 2008 Equity Incentive Plan (incorporated by reference to
Appendix B of the Registrants Proxy Statement on Schedule 14A, filed with
the Commission on April 14, 2008)
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99.2
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Form of
Option Grant Notice
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99.3
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Form of
Restricted Stock Grant Notice
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7
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