<PAGE>
As Filed with the Securities and Exchange Commission on June 15, 2000
Registration No. 333-34592
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------------
POST-EFFECTIVE AMENDMENT NO. 1 ON
FORM S-8
TO THE
REGISTRATION STATEMENT
ON FORM S-4
UNDER
THE SECURITIES ACT OF 1933
---------------------------
GLOBAL CROSSING LTD.
(Exact name of Registrant as specified in its charter)
Bermuda 98-0189783
(State or other jurisdiction (I.R.S. Employer Identification Number)
of incorporation or organization)
Wessex House
45 Reid Street
Hamilton HM12, Bermuda
(441) 296-8600
(Address, including zip code, of Registrant's principal executive office)
IPC Communications, Inc. 1999 Stock Incentive Plan
IXnet, Inc. 1999 Stock Option Plan
(Full title of the Plan)
CT Corporation
1633 Broadway, 23rd Floor
New York, New York 10019
(212) 479-8200
(Name, address, including zip code and telephone number, including area code,
of agent for service)
Copies to:
D. Rhett Brandon, Esq. James C. Gorton, Esq.
Caroline B. Gottschalk, Esq. Global Crossing Ltd.
Simpson Thacher & Bartlett 360 N. Crescent Drive
425 Lexington Avenue Beverly Hills, California 90210
New York, New York 10017-3954 (310) 385-5200
(212) 455-2000
This Post-Effective Amendment covers shares of Common Stock, par value $.01 per
share, of the Registrant originally registered on the Registration Statement on
Form S-4 (the "Registration Statement") to which this Post-Effective Amendment
is an amendment. The registration fees in respect of the securities registered
hereby were paid at the time of the original filing of the Registration
Statement.
<PAGE>
Pursuant to General Instruction E for registration statements on Form S-8,
the contents of the Registration Statement on Form S-8 of Global Crossing Ltd.,
a Bermuda company, relating to the 1998 Global Crossing Stock Incentive Plan
(the "Plan"), file number 333-68825, filed with the Securities and Exchange
Commission on December 14, 1998, are incorporated herein by reference.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1. Plan Information*
Item 2. Registrant Information and Employee Plan Annual Information*
* Information required by Part I to be contained in the Section 10(a)
prospectus is omitted from this Post-Effective Amendment in accordance
with Rule 428 under the Securities Act of 1933, as amended, and Note to
Part I of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
Not required to be filed with this Post-Effective Amendment pursuant to
General Instruction E for registration statements on Form S-8.
Item 4. Description of Securities
Not required to be filed with this Post-Effective Amendment pursuant to
General Instruction E for registration statements on Form S-8.
Item 5. Interests of Named Experts and Counsel
Not required to be filed with this Post-Effective Amendment pursuant to
General Instruction E for registration statements on Form S-8.
Item 6. Indemnification of Directors and Officers
Not required to be filed with this Post-Effective Amendment pursuant to
General Instruction E for registration statements on Form S-8.
Item 7. Exemption from Registration Claimed
Not applicable.
Item 8. Exhibits
The following exhibits are filed as part of this Post-Effective Amendment:
<PAGE>
Exhibit
Number Exhibit
------ -------
4.1 IPC Communications, Inc. 1999 Stock Incentive Plan (filed
herewith).
4.2 IXnet, Inc. 1999 Stock Option Plan (filed herewith).
4.3 First Amendment to the IPC Communications, Inc. 1999 Stock
Incentive Plan (filed herewith).
4.4 First Amendment to the IXnet, Inc. 1999 Stock Option Plan (filed
herewith).
5.1 Opinion of Appleby, Spurling & Kempe (incorporated herein by
reference to Exhibit 5.1 to the Pre-Effective Amendment No. 1 to
the Registrant's Registration Statement on Form S-4 (Registration
No. 333-34592) filed on May 4, 2000).
23.1 Consent of Arthur Andersen (filed herewith).
23.2 Consent of Appleby, Spurling & Kempe (included in Exhibit 5.1).
24.1 Power of Attorney (incorporated herein by reference to Exhibit
24.1 to the Registrant's Registration Statement on Form S-4
(Registration No. 333-34592) filed on April 12, 2000).
24.2 Power of Attorney for Thomas J. Casey, David L. Lee, Barry
Porter, Eric Hippeau, Dean C. Kehler and Bruce Raben
(incorporated herein by reference to Exhibit 24.2 to the
Pre-Effective Amendment No. 1 to the Registrant's Registration
Statement on Form S-4 (Registration No. 333-34592) filed on May
4, 2000).
Item 9. Undertakings
Not required to be filed with this Post-Effective Amendment pursuant to
General Instruction E for registration statements on Form S-8.
<PAGE>
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 to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Los Angeles, State of California, on this 14th day of
June, 2000.
GLOBAL CROSSING LTD.
(Registrant)
By: /s/ LEO J. HINDERY, JR.
------------------------------
Name: Leo J. Hindery, Jr.
Title: Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Post-Effective Amendment has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
Signature Title Date
--------- ----- ----
<S> <C> <C>
/*/ Chairman of the Board and Director June 14, 2000
--------------------------------------
Gary Winnick
/*/ Co-Chairman of the Board and Director June 14, 2000
--------------------------------------
Lodwrick M. Cook
/*/ Chief Executive Officer and Director June 14, 2000
--------------------------------------
Leo J. Hindery, Jr.
/*/ Vice Chairman of the Board and Director June 14, 2000
--------------------------------------
Thomas J. Casey
/*/ Director June 14, 2000
--------------------------------------
David L. Lee
/*/ Director June 14, 2000
--------------------------------------
Barry Porter
/*/ Chief Financial Officer (principal financial June 14, 2000
-------------------------------------- officer and principal accounting officer)
Dan J. Cohrs
/*/ Director June 14, 2000
--------------------------------------
Robert Annunziata
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
/*/ Director June 14, 2000
--------------------------------------
Jay R. Bloom
/*/ Director June 14, 2000
--------------------------------------
Joseph P. Clayton
/*/ Director June 14, 2000
--------------------------------------
William E. Conway, Jr.
/*/ Director June 14, 2000
--------------------------------------
Canning Fok Kin-ning
/*/ Director June 14, 2000
--------------------------------------
Eric Hippeau
/*/ Director June 14, 2000
--------------------------------------
Dean C. Kehler
/*/ Director June 14, 2000
--------------------------------------
Geoffrey J.W. Kent
/*/ Director June 14, 2000
--------------------------------------
Douglas H. McCorkindale
/*/ Director June 14, 2000
--------------------------------------
Joseph F. McDonald
/*/ Director June 14, 2000
--------------------------------------
Bruce Raben
/*/ Director June 14, 2000
--------------------------------------
Jack M. Scanlon
/*/ Director June 14, 2000
--------------------------------------
Michael R. Steed
* By Power of Attorney
/s/ JAMES C. GORTON Attorney-in-Fact June 14, 2000
--------------------------------------
James C. Gorton
</TABLE>
<PAGE>
INDEX TO EXHIBITS
Exhibit
Number Exhibit
------ -------
4.1 IPC Communications, Inc. 1999 Stock Incentive Plan (filed
herewith).
4.2 IXnet, Inc. 1999 Stock Option Plan (filed herewith).
4.3 First Amendment to the IPC Communications, Inc. 1999 Stock
Incentive Plan (filed herewith).
4.4 First Amendment to the IXnet, Inc. 1999 Stock Option Plan (filed
herewith).
5.1 Opinion of Appleby, Spurling & Kempe (incorporated herein by
reference to Exhibit 5.1 to the Pre-Effective Amendment No. 1 to
the Registrant's Registration Statement on Form S-4 (Registration
No. 333-34592) filed on May 4, 2000).
23.1 Consent of Arthur Andersen (filed herewith).
23.2 Consent of Appleby, Spurling & Kempe (included in Exhibit 5.1).
24.1 Power of Attorney (incorporated herein by reference to Exhibit
24.1 to the Registrant's Registration Statement on Form S-4
(Registration No. 333-34592) filed on April 12, 2000).
24.2 Power of Attorney for Thomas J. Casey, David L. Lee, Barry
Porter, Eric Hippeau, Dean C. Kehler and Bruce Raben
(incorporated herein by reference to Exhibit 24.2 to the
Pre-Effective Amendment No. 1 to the Registrant's Registration
Statement on Form S-4 (Registration No. 333-34592) filed on May
4, 2000).
