As filed with the Securities and Exchange Commission on March 21, 2007
Registration No. 333-139215
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 2
ON
FORM S-8
TO
FORM S-4
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
CITY NATIONAL CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware | 6021 | 95-2568550 | ||
(State or Other Jurisdiction of | (Primary Standard Industrial Classification Code | (I.R.S. Employer Identification Number) | ||
Incorporation or Organization) | Number) |
City National Center
400 North Roxbury Drive
Beverly Hills, California 90210
(310) 888-6000
(Address of Registrants Principal Executive Offices)
Business Bank Corporation 2001 Employee Stock Option Plan and
Business Bank Corporation 2005 Incentive Plan (the Plans)
(Full Title of the Plans)
Michael B. Cahill, Executive Vice President, General Counsel and Secretary
City National Corporation
400 North Roxbury Drive
Beverly Hills, California 90210
(310) 888-6000
(Name, Address, and Telephone Number, Including Area Code, of Agent for Service)
with a copy to:
Edward D. Herlihy, Esq.
Nicholas G. Demmo, Esq.
Wachtell, Lipton, Rosen & Katz
51 West 52nd Street
New York, New York 10019
(212) 403-1000
CALCULATION OF REGISTRATION FEE | ||||||||
| ||||||||
Title of Securities to be | Amount to Be | Proposed Maximum | Proposed Maximum | Amount of | ||||
registered | Registered | Offering Price Per Share | Aggregate Offering Price | Registration Fee | ||||
| ||||||||
Common Stock, par value | 179,768(1) | (2) | (2) | (2) | ||||
$1.00 per share |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the Act), includes such additional number of shares as may be issued pursuant to the anti-dilution provisions of the Plans. |
(3) | This Post-Effective Amendment No. 2 covers securities that were originally registered on the Registrants registration statement on Form S-4 (File No. 333-139215), as amended. All filing fees payable in connection with the issuance of these securities were previously paid in connection with the filing of the Form S-4 registration statement. |
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PART I |
INTRODUCTION |
This Post-Effective Amendment No. 2 on Form S-8 to the Form S-4 registration statement is filed by the Registrant, and relates to a total of 179,768 shares of common stock of the Registrant, all of which were originally registered by the Registrant on the Form S-4 registration statement filed on December 8, 2006, as amended.
In connection with the merger on February 28, 2007 of Business Bank Corporation (Business Bank) with and into the Registrant pursuant to the Agreement and Plan of Merger, dated as of October 31, 2006, between Business Bank and the Registrant (the Merger), shares of the common stock of Business Bank issuable upon the exercise or settlement of options and restricted shares granted under the Business Bank 2001 Employee Stock Option Plan and the Business Bank 2005 Incentive Plan and held by employees of Business Bank as of the completion of the Merger have been converted into corresponding awards covering shares of common stock of the Registrant.
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Part II |
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents, which previously have been filed by the Registrant with the Securities and Exchange Commission (the Commission), are incorporated herein by reference and made a part hereof:
(i) The Registrants Annual Report on Form 10-K, for the fiscal year ended December 31, 2006, filed with the Commission on March 1, 2007;
(ii) The Registrants Current Report on Form 8-K filed with the Commission on March 1, 2007;
(iii) The descriptions of the Registrants common stock set forth in a registration statement filed pursuant to Section 12 of the Exchange Act and any amendment or report filed for the purpose of updating those descriptions.
All reports and other documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this Registration Statement and prior to the filing of a post-effective amendment hereto, which indicates that all securities offered hereunder have been sold or which deregisters all securities 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.
For purposes of this Registration Statement, any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such statement in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4. Description of Securities. |
Not applicable |
Item 5. Interests of Named Experts and Counsel.
Not applicable |
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Item 6. Indemnification of Directors and Officers.
Section 145 of the Delaware General Corporation Law authorizes the Registrant to indemnify directors and officers in certain circumstances against liabilities, including expenses, incurred while acting in such capacities; provided, generally, that any such indemnified director or officer acted in good faith and in a manner he or she reasonably believed to be in the best interests of the corporation and, in the case of a criminal proceeding, had no reasonable cause to believe his or her conduct was unlawful. The Registrants Bylaws provide for the indemnification of directors and officers to the maximum extent permitted by the Delaware General Corporation Law.
In addition, the Registrants Certificate of Incorporation provides that the Registrant will eliminate the personal liability of its directors to the fullest extent permitted by the Delaware General Corporation Law, and the Registrant has entered into indemnification agreements with certain of its directors and officers providing for additional indemnification.
The Registrant has policies of directors and officers liability insurance which insure directors and officers against the cost of defense, settlement, or payment of a judgment under certain circumstances.
For the undertaking with respect to indemnification, see Item 9 below.
Item 7. Exemption From Registration Claimed. |
Not applicable |
Item 8. Exhibits. |
The Exhibits to this Registration Statement are listed in the Exhibit Index to this Registration Statement, which Index is incorporated herein by reference.
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 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; |
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(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 Commission by the Registrant pursuant to | ||
Section 13 or 15(d) of the Exchange Act that are incorporated by reference in the | ||
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. | ||
(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. | ||
(4) That, for the purpose of determining liability under the Securities Act of 1933 to any | ||
purchaser: | ||
(i) If the registrant is relying on Rule 430B: | ||
(A) Each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be | ||
deemed to be part of the registration statement as of the date the filed prospectus | ||
was deemed part of and included in the registration statement; and | ||
(B) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5) or | ||
(b)(7) as part of a registration statement in reliance on Rule 430B relating to an | ||
offering made pursuant to Rule 415(a)(1)(i), (vii) or (x) for the purpose of | ||
providing the information required by section 10(a) of the Securities Act of 1933 | ||
shall be deemed to be part of and included in the registration statement as of the | ||
earlier of the date such form of prospectus is first used after effectiveness or the | ||
date of the first contract of sale of securities in the offering described in the | ||
prospectus. As provided in Rule 430B, for liability purposes of the issuer and any | ||
person that is at that date an underwriter, such date shall be deemed to be a new | ||
effective date of the registration statement relating to the securities in the | ||
registration statement to which that prospectus relates, and the offering of such | ||
securities at that time shall be deemed to be the initial bona fide offering thereof. | ||
Provided, however, that no statement made in a registration statement or | ||
prospectus that is part of the registration statement or made in a document | ||
incorporated or deemed incorporated by reference into the registration statement | ||
or prospectus that is part of the registration statement will, as to a purchaser with | ||
a time of contract of sale prior to such effective date, supersede or modify any | ||
statement that was made in the registration statement or prospectus that was part | ||
of the registration statement or made in any such document immediately prior to | ||
such effective date; or | ||
(ii) If the registrant is subject to Rule 430C, each prospectus filed pursuant to | ||
Rule 424(b) as part of a registration statement relating to an offering, other than | ||
registration statements relying on Rule 430B or other than prospectus filed in |
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reliance on Rule 430A, shall be deemed to be part of and included in the | ||||
registration statement as of the date it is first used after effectiveness. Provided, | ||||
however, that no statement made in a registration statement or prospectus that is | ||||
part of the registration statement or made in a document incorporated or deemed | ||||
incorporated by reference into the registration statement or prospectus that is part | ||||
of the registration statement will, as to a purchaser with a time of contract of sale | ||||
prior to such first use, supersede or modify any statement that was made in the | ||||
registration statement or prospectus that was part of the registration statement or | ||||
made in any such document immediately prior to such date of first use. | ||||
(5) | That, for the purpose of determining liability of the Registrant under the | |||
Securities Act of 1933 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. | ||||
(b) | 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 15(d) of the Exchange Act (and, where applicable, each filing of the 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 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 foregoing | ||||
provisions, 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. |
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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 has duly caused this Post-Effective Amendment on Form S-8 to the Registrants registration statement filed on Form S-4, as amended, to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Beverly Hills, State of California, on March 19, 2007.
CITY NATIONAL CORPORATION |
By: /s/ Michael B. Cahill |
Name: Michael B. Cahill |
Title: Executive Vice President |
Pursuant to the requirements of the Securities Act of 1933, this Post Effective Amendment on Form S-8 to the Registrants registration statement filed on Form S-4, as amended, has been signed below by the following persons in the capacities indicated on the 19th day of March, 2007.
Signature | Title | |
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* | ||
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Bram Goldsmith | Chairman of the Board of Directors | |
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* | ||
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Russell D. Goldsmith | Chief Executive Officer, President and Director | |
(Principal Executive Officer) | ||
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* | ||
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Christopher J. Carey | Executive Vice President and Chief Financial | |
Officer | ||
(Principal Financial Officer) | ||
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* | ||
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Nancy Gilson | Controller (Principal Accounting Officer) | |
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* | ||
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Richard L. Bloch | Director | |
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* | ||
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Kenneth L. Coleman | Director | |
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* | ||
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Linda Griego | Director | |
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Signature | Title | |
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* | ||
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Michael L. Meyer | Director | |
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* | ||
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Ronald L. Olson | Director | |
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* | ||
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Peter M. Thomas | Director | |
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* | ||
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Christopher J. Warmuth | Director | |
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* | ||
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Kenneth Ziffren | Director | |
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*By: /s/ Michael B. Cahill
Michael B. Cahill, attorney-in-fact
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EXHIBIT INDEX |
Exhibit | Description | Method of Filing | ||
No. | ||||
4.1 | Business Bank Corporation 2001 Employee Stock | Filed herewith | ||
Option Plan | ||||
4.2 | Business Bank Corporation 2005 Incentive Plan | Filed herewith | ||
5.1 | Opinion of Wachtell, Lipton, Rosen & Katz | Incorporated by reference to Exhibit | ||
regarding the validity of the shares of the | 5(a) to Amendment No. 1 to the | |||
Registrants common stock registered hereunder | Registrants Registration Statement | |||
filed on Form S-4 on January 4, 2007, | ||||
to which this Post-Effective | ||||
Amendment No. 1 relates | ||||
23.1 | Consent of KPMG LLP | Filed herewith | ||
23.2 | Consent of Wachtell, Lipton, Rosen & Katz | Included in Exhibit 5.1 hereto | ||
24.1 | Powers of Attorney | Incorporated by reference to the | ||
signature page of the Registrants | ||||
Registration Statement on Form S-4 | ||||
filed December 8, 2006, to which this | ||||
Post-Effective Amendment No. 1 | ||||
relates |