<PAGE>
As filed with the Securities and Exchange Commission on January 16, 2001
------------------------------------------------------------------------
Registration No. 333-
---------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
TERAYON COMMUNICATION SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware 77-0328533
(State of Incorporation) (I.R.S. Employer Identification No.
------------------
2952 Bunker Hill Lane
Santa Clara, CA 95054
(Address of principal executive offices)
------------------
1999 Non-Officer Equity Incentive Plan
(Full title of the plan)
Dr. Zaki Rakib
Chief Executive Officer
Terayon Communication Systems, Inc.
2952 Bunker Hill Lane
Santa Clara, CA 95054
(408) 727-4400
(Name, address, including zip code, and telephone number, including area code,
of agent for service)
------------------
Copies to:
Karyn S. Tucker
Rachel N. Halpren
Audrey K. Scott
Cooley Godward LLP
One Maritime Plaza
20/th/ Floor
San Francisco, CA 94111-3580
(415) 693-2000
Cooley Godward LLP
------------------
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
===================================================================================================================================
Title of Securities to Amount to be Proposed Maximum Proposed Maximum Amount of Registration
be Registered Registered Offering Price Per Share Aggregate Offering Price Fee
(1) (1)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Shares of Common Stock, 2,052,016 $41.9157 $86,011,687 $21,502.92
par value $.001 per
share, subject to
outstanding options
granted under the 1999
Non-Officer Equity
Incentive Plan
===================================================================================================================================
Share of Common Stock, 4,447,984 $ 3.9375 $17,513,937 $ 4,378.48
par value $.001 per
share, reserved for
future issuance under
the 1999 Non-Officer
Employee Equity
Incentive Plan
===================================================================================================================================
Totals
6,500,000 103,525,624 $25,881.41
===================================================================================================================================
</TABLE>
(1) Estimated solely for the purpose of calculating the amount of the
registration fee. The offering price per share and aggregate offering price
are based upon (a) the weighted average exercise price, for shares subject
to options previously granted under the Terayon Communication Systems, Inc.
("Registrant" or "Company") 1999 Non-Officer Equity Incentive Plan
(pursuant to Rule 457(h) under the Securities Act of 1933, as amended (the
"Act")) and (b) the average of the high and low prices of the Company's
Common Stock as reported on the Nasdaq National Market on January 8, 2001
for shares available for future grant pursuant to the 1999 Non-Officer
Equity Incentive Plan (pursuant to Rule 457(c) under the Act).
<PAGE>
INCORPORATION BY REFERENCE OF CONTENTS OF
REGISTRATION STATEMENTS ON FORM S-8 NO. 333-66139 AND NO. 333-93779
The contents of Registration Statements on Form S-8 No. 333-93779 filed
with the Securities and Exchange Commission on December 29, 1999 are
incorporated by reference herein.
EXHIBITS
Exhibit
Number
5.1 Opinion of Cooley Godward LLP
23.1 Consent of Ernst & Young LLP, Independent Auditors
23.2 Consent of Ernst & Young LLP, Independent Auditors
23.3 Consent of PricewaterhouseCoopers LLP, Independent Accountants
23.4 Consent of Kost Forer & Gabbay (a member of Ernst & Young International),
Independent Auditors
23.5 Consent of Kost Forer & Gabbay (a member of Ernst & Young International),
Independent Auditors
23.6 Consent of Cooley Godward LLP is contained in Exhibit 5.1 to this
Registration Statement
<PAGE>
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 Santa Clara, State of California on January 16, 2001.
TERAYON COMMUNICATION SYSTEMS, INC.
By: /s/ Dr. Zaki Rakib
----------------------------
Dr. Zaki Rakib
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.
<TABLE>
<CAPTION>
Signature Title Date
--------- ----- ----
<S> <C> <C>
/s/ Dr. Zaki Rakib Chief Executive Officer and Director January 16, 2001
----------------------------------
Dr. Zaki Rakib (Principal Executive Officer)
* Chief Financial Officer (Principal January 16, 2001
----------------------------------
Ray M. Fritz Financial and Accounting Officer)
* Chairman of the Board of Directors January 16, 2001
----------------------------------
Shlomo Rakib
* Director January 16, 2001
----------------------------------
Michael D'Avella
* Director January 16, 2001
----------------------------------
Alek Krstajic
* Director January 16, 2001
----------------------------------
Christopher J. Schaepe
* Director January 16, 2001
----------------------------------
Lewis Solomon
* Director January 16, 2001
----------------------------------
Mark A. Stevens
</TABLE>
<PAGE>
Signature Title Date
--------- ----- ----
*By: /s/ Dr. Zaki Rakib
-----------------------
Dr. Zaki Rakib
Attorney-in-Fact
<PAGE>
EXHIBIT INDEX
Exhibit
Number Description
5.1 Opinion of Cooley Godward LLP
23.1 Consent of Ernst & Young LLP, Independent Auditors
23.2 Consent of Ernst & Young LLP, Independent Auditors
23.3 Consent of PricewaterhouseCoopers LLP, Independent Accountants
23.4 Consent of Kost Forer & Gabbay (a member of Ernst & Young
International), Independent Auditors
23.5 Consent of Kost Forer & Gabbay (a member of Ernst & Young
International), Independent Auditors
23.6 Consent of Cooley Godward LLP is contained in Exhibit 5 to this
Registration Statement
