S-8 POS
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v77268ams-8pos.txt
S-8 POS
As filed with the Securities and Exchange Commission on November 14, 2001
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
POST-EFFECTIVE AMENDMENT NO. 2
TO
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
----------------------
WORLDWIDE RESTAURANT CONCEPTS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 95-4307254
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
15301 VENTURA BOULEVARD (Zip Code)
BUILDING B -- SUITE 300
SHERMAN OAKS, CALIFORNIA 91403
(Address of principal executive offices)
WORLDWIDE RESTAURANT CONCEPTS, INC.
1997 EMPLOYEE STOCK INCENTIVE PLAN
(Full title of the plan)
MR. A. KEITH WALL
VICE PRESIDENT & CHIEF FINANCIAL OFFICER
WORLDWIDE RESTAURANT CONCEPTS, INC.
15301 VENTURA BOULEVARD
BUILDING B -- SUITE 300
SHERMAN OAKS, CALIFORNIA 91403
(Name and address of agent for service)
(818) 662-9800
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
============================================================================================
Proposed Proposed
Title of Maximum Maximum
Securities to be Amount to be Offering Price Aggregate Amount of
Registered Registered(1) Per Share Offering Price(2) Registration Fee
--------------------------------------------------------------------------------------------
Common Stock 1,000,000 $3.50 $3,500,000 $1,032.50
--------------------------------------------------------------------------------------------
Total 1,000,000 $3.50 $3,500,000 $1,032.50
============================================================================================
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(1) These shares are reserved for issuance pursuant to the Worldwide Restaurant
Concepts, Inc. 1997 Employee Stock Incentive Plan (the "Plan"). Pursuant to
Rule 416, also being registered are additional shares of Common Stock as
may become issuable under the Plan through the operation of anti-dilution
provisions.
(2) Estimated solely for the purposes of calculating the registration fee
pursuant to Rule 457(h) and based upon the average of the high and low
sales price of the Common Stock of Worldwide Restaurant Concepts, Inc.
(then known as Sizzler International, Inc.) in the consolidated reporting
system of the New York Stock Exchange on March 4, 1998 of $3.50.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1. Plan Information.
Pursuant to its Registration Statement on Form S-8 No. 33-347661 filed
with the Securities and Exchange Commission on March 10, 1998 (the "Original
Registration Statement"), the registrant registered 1,000,000 shares of its
Common Stock, $.01 par value per share (the "Common Stock"), issuable under the
1997 Employee Stock Incentive Plan (the "Employee Plan").
The Employee Plan was amended by resolution of the Board of Directors of
the registrant on June 17, 1998 to increase the number of shares of Common Stock
reserved for issuance under the Employee Plan from 1,000,000 to 2,800,000 (the
"First Amendment"). The First Amendment became effective on August 18, 1998 upon
the approval thereof by the holders of a majority of the shares of Common Stock
represented and voting, in person or by proxy, and entitled to vote at the
registrant's annual meeting. By Post-Effective Amendment No. 1 filed with the
Securities and Exchange Commission on August 20, 1999, the registrant amended
the Original Registration Statement to reflect the First Amendment of the
Employee Plan.
The Employee Plan was again amended by resolution of the Board of
Directors of the registrant on June 28, 2001 to increase the number of shares of
Common Stock reserved for issuance under the Employee Plan from 2,800,000 to
3,800,000 (the "Second Amendment") and on August 29, 2001 to reflect the change
in the registrant's name from "Sizzler International, Inc." to "Worldwide
Restaurant Concepts, Inc." (the "Third Amendment"). The Second Amendment became
effective on August 29, 2001 upon the approval thereof by the holders of a
majority of the shares of Common Stock represented and voting, in person or by
proxy, and entitled to vote at the registrant's annual meeting and the Third
Amendment became effective upon its execution on September 4, 2001.
By this Post-Effective Amendment, the Company hereby amends the Original
Registration Statement, as amended, to reflect the Second Amendment and the
Third Amendment of the Employee Plan.
The contents of the Original Registration Statement, as amended, are
incorporated herein by reference into this Post-Effective Amendment No. 2.
Required opinions, consents and signatures are included in this amendment.
Item 2. Registrant Information and Employee Plan Annual Information.
See Item 1.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
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See Item 1.
Item 4. Description of Securities.
See Item 1.
Item 5. Interests of Named Experts and Counsel.
See Item 1.
Item 6. Indemnification of Directors and Officers.
See Item 1.
Item 7. Exemption from Registration Claimed.
See Item 1.
Item 8. Exhibits.
See Exhibit Index and Exhibits at the end of this Post-Effective
Amendment No. 2.
Item 9. Undertakings.
1. The undersigned registrant hereby undertakes:
(i) To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement 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.
(ii) 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 therein, and the
offering of such securities at that time shall be deemed to the initial bona
fide offering thereof.
(iii) 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.
2. The undersigned registrant hereby undertakes 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 the
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.
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3. 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 registrant has 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 registration 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 Act and
will be governed by the final adjudication of such issue.
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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 had duly caused this amendment to
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in Culver City, State of California, on this 14th day of
November, 2001.
WORLDWIDE RESTAURANT CONCEPTS, INC.
By: /s/ Charles L. Boppell
----------------------------------
Charles L. Boppell
Chief Executive Officer
POWER OF ATTORNEY
Each individual whose signature appears below constitutes and appoints
Charles L. Boppell and A. Keith Wall and each or either of them, his true and
lawful attorneys-in-fact and agents, each 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 all other documents in connection therewith, with the Securities and
Exchange Commission, granting unto said attorney-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 might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or his
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
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Pursuant to the requirements of the Securities Act of 1933, this
amendment to registration statement has been signed by the following persons in
the capacities and on the dates indicated.
NAME TITLE DATE
---- ----- ----
/s/ Charles L. Boppell Director and Chief November 14, 2001
---------------------------- Executive Officer
Charles L. Boppell (Principal Executive
Officer)
/s/ Phillip D. Matthews Director and Chairman of November 14, 2001
---------------------------- the Board
Phillip D. Matthews
/s/ James A. Collins Director November 14, 2001
----------------------------
James A. Collins
/s/ Barry E. Krantz Director November 14, 2001
----------------------------
Barry E. Krantz
/s/ Robert A. Muh Director November 14, 2001
----------------------------
Robert A. Muh
/s/ Kevin W. Perkins Director November 14, 2001
----------------------------
Kevin W. Perkins
/s/ Charles F. Smith Director November 14, 2001
----------------------------
Charles F. Smith
/s/ A. Keith Wall Vice President and Chief November 14, 2001
---------------------------- Financial Officer
A. Keith Wall (Principal Financial and
Accounting Officer)
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EXHIBIT INDEX
EXHIBIT SEQUENTIALLY
NO. DESCRIPTION NUMBERED PAGE
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4.1 Certificate of Incorporation of the Registrant, N/A
incorporated by reference to Exhibit 3.1 to
Amendment No. 1 to the Registrant's Form S-4
Registration Statement (Registration No. 33-38412)
4.2 Certificate of Ownership and Merger of Worldwide 8
Restaurant Concepts, Inc. into the Registrant
4.3 Bylaws of the Registrant as amended through 12
September 4, 2001
4.4 The Registrant's 1997 Employee Stock Incentive Plan, 29
as amended through September 4, 2001
4.5 Rights Agreement dated January 22, 2001 between the N/A
Registrant and The Bank of New York, incorporated
herein by reference to Exhibit 4 to the Registrant's
Current Report on Form 8-K filed January 22, 2001
4.6 Certificate of Designation of Series A Junior N/A
Participating Preferred Stock of the Registrant,
incorporated herein by reference to Amendment No. 1
to the Registrant's Form S-4 Registration Statement
No. 33-38412
5.1 Opinion of Pachulski, Stang, Ziehl & Young P.C. N/A
(previously filed)
23.1 Consent of Arthur Andersen LLP 42
23.2 Consent of Pachulski, Stang, Ziehl & Young P.C. N/A
(included in Exhibit 5.1)
24.1 Power of Attorney (included on signature page) N/A
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