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As filed with the Securities and Exchange Commission on March 1, 2000
Registration No. 333 - ______
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Form S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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Tom Brown, Inc.
(Exact name of registrant as specified in its charter)
Delaware 95-1949781
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
555 17th Street, Suite 1850
Denver, Colorado 80202
(Address of principal executive offices) (Zip Code)
Tom Brown, Inc. 1993 Stock Option Plan
(Full title of the plan)
James D. Lightner
President
555 17th Street, Suite 1850
Denver, Colorado 80202
(Name and address of agent for service)
303-260-5000
(Telephone number, including area code, of agent for service)
Copy to:
Bruce R. DeBoer, Esq.
Tom Brown, Inc.
555 17th Street, Suite 1850
Denver, Colorado 80202
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
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Proposed Proposed
Title of Each Class Maximum Maximum Amount of
of Securities To Be Amount to be Offering Price Aggregate Registration
Registered Registered Per Share* Offering Price Fee
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Common Stock,
$.10 par value 500,000 12.50 $ 6,250,000 $ 1,650
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</TABLE>
* Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(h) on the basis of the average of the high and low
sales prices of the Registrant's Common Stock as reported on the NASDAQ
National Market System on February 24, 2000.
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EXPLANATORY NOTE
This Registration Statement relates to the registration of 500,000
additional shares of common stock authorized for issuance under the Registrant's
1993 Stock Option Plan. Pursuant to General Instruction E of Form S-8, the
contents of the Registrant's Registration Statement No. 33-60842, No. 333-13157,
No. 333-42011, No. 333-56577, No. 333-69353 and No. 333-89033 are hereby
incorporated by reference.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 5. Interests of Named Experts and Counsel
The validity of the issuance of the common stock issuable upon exercise
of the options has been passed upon for the Registrant by Lynch, Chappell &
Alsup, a Professional Corporation, Midland, Texas. James M. Alsup, a shareholder
in the firm of Lynch, Chappell & Alsup, is the Assistant Secretary of the
Registrant and the beneficial owner of 10,000 shares of common stock of the
Registrant.
Item 8. Exhibits
Exhibit No. Description
----------- -----------
* 5 -- Opinion of Lynch, Chappell & Alsup, a
Professional Corporation
*23.1 -- Consent of Lynch, Chappell & Alsup, a
Professional Corporation (contained in
Exhibit No. 5)
*23.2 -- Consent of Arthur Andersen LLP
*23.3 -- Consent of Williamson Petroleum Consultants,
Inc.
*23.4 -- Consent of Ryder Scott Company
*24 -- Power of Attorney contained on Page 6 hereof
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* Filed herewith.
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Item 9. Undertakings
(1) 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 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.
(2) 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 of 1933;
(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;
(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 (2)(a)(i) and (2)(a)(ii) do not apply if the
registration statement is on Form S-3, Form S-8 or Form F-3, and 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 Securities and
Exchange Commission by the
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Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange
Act of 1934 that are incorporated by reference in the registration statement.
(b) 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 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.
(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 Securities Act of 1933 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 of 1933 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
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Denver, State of Colorado, on the 28th day of
February, 2000.
TOM BROWN, INC.
By: /s/ JAMES D. LIGHTNER
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James D. Lightner, President
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POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints James D. Lightner and R. Kim Harris and
each of them, either one of whom may act without joinder of the other, his true
and lawful attorneys-in-fact and agents, with full power of substitution and
resubstitution, for him in his name, place and stead, in any and all capacities,
to sign any and all 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 severally, full power and
authority to do and to perform each and every act and thing requisite and
necessary to be done in and about the premises, as fully and 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, and each of them, or their substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the date indicated.
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<CAPTION>
Signature Title Date
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<S> <C> <C>
/s/ DONALD L. EVANS Chairman of the Board of February 28, 2000
- -------------------------------- Directors and Chief Executive
Donald L. Evans Officer (Principal Executive Officer)
/s/ JAMES D. LIGHTNER President February 28, 2000
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James D. Lightner
/s/ DANIEL G. BLANCHARD Vice President and Chief February 28, 2000
- -------------------------------- Financial Officer (Principal
Daniel G. Blanchard Financial Officer)
/s/ R. KIM HARRIS Vice President - Finance and February 28, 2000
- -------------------------------- Controller (Principal
R. Kim Harris Accounting Officer)
</TABLE>
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<TABLE>
<CAPTION>
Signature Title Date
--------- ----- ----
<S> <C> <C>
/s/ THOMAS C. BROWN Director February 28, 2000
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Thomas C. Brown
/s/ DAVID M. CARMICHAEL Director February 28, 2000
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David M. Carmichael
/s/ HENRY GROPPE Director February 28, 2000
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Henry Groppe
/s/ EDWARD W. LEBARON, JR. Director February 28, 2000
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Edward W. LeBaron, Jr.
/s/ JAMES B. WALLACE Director February 28, 2000
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James B. Wallace
/s/ ROBERT H. WHILDEN, JR. Director February 28, 2000
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Robert H. Whilden, Jr.
</TABLE>
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EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
* 5 -- Opinion of Lynch, Chappell & Alsup, a Professional
Corporation
*23.1 -- Consent of Lynch, Chappell & Alsup, a Professional
Corporation (contained in Exhibit No. 5)
*23.2 -- Consent of Arthur Andersen LLP
*23.3 -- Consent of Williamson Petroleum Consultants, Inc.
*23.4 -- Consent of Ryder Scott Company
*24 -- Power of Attorney contained on Page 6 hereof
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* Filed herewith.
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Exhibit 5
LYNCH, CHAPPELL & ALSUP
A PROFESSIONAL CORPORATION
ATTORNEYS
THE SUMMIT, SUITE 700
300 NORTH MARIENFELD
MIDLAND, TEXAS 79701
TELEPHONE: (915) 683-3351
FACSIMILE: (915) 683-8346
February 28, 2000
Tom Brown, Inc.
508 W. Wall, Suite 500
Midland, Texas 79701
Re: Tom Brown, Inc. 1993 Stock Option Plan; Sale of up to
500,000 additional Shares of Common Stock
Gentlemen:
We have acted as counsel to Tom Brown, Inc., a Delaware corporation
(the "Company"), in connection with the proposed issuance and sale by the
Company of up to 500,000 additional shares of Common Stock, $.10 par value
("Common Stock"), of the Company pursuant to the exercise of stock options
granted or to be granted by the Company under the Company's 1993 Stock Option
Plan (the "Plan"), as further described in a Registration Statement on Form S-8
filed by the Company with the Securities and Exchange Commission (herein
referred to as the "Registration Statement").
We have made such inquiries and examined such documents as we have
considered necessary or appropriate for the purpose of giving the opinions
hereinafter set forth. We have assumed the genuineness and authenticity of all
signatures on all original documents, the authenticity of all documents
submitted to us as originals, the conformity to originals of all documents
submitted to us as copies and the due authorization, execution, delivery or
recordation of all documents where due authorization, execution or recordation
are prerequisites to the effectiveness thereof.
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February 28, 2000
Page 2
Based upon the foregoing, and having regard for such legal
considerations as we deem relevant, we are of the opinion that the Plan has been
duly and validly authorized and adopted, and the 500,000 shares of Common Stock
that may be issued and sold by the Company from time to time upon the exercise
of stock options granted or to be granted in accordance with the Company's Plan
will, upon issuance and delivery against payment therefor, be legally issued,
fully paid and nonassessable.
We hereby consent to the filing of this opinion with the Securities and
Exchange Commission as an exhibit to the Registration Statement and to the
statements made regarding our Firm and to the use of our name under the heading
"Item 5. Interests of Named Experts and Counsel" in the Registration Statement.
Very truly yours,
LYNCH, CHAPPELL & ALSUP,
a Professional Corporation
By: /s/ Thomas W. Ortloff
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Thomas W. Ortloff
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Exhibit 23.2
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement of our report dated February 25, 1999
included in the Annual Report on Form 10-K of Tom Brown, Inc. for the year ended
December 31, 1998 and our report dated August 26, 1999 included in the Current
Report on Form 8-K/A of Tom Brown, Inc. dated September 15, 1999 and to all
references to our Firm included in this registration statement.
/S/ ARTHUR ANDERSEN LLP
Houston, Texas
February 29, 2000
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Exhibit 23.3
CONSENT OF INDEPENDENT PETROLEUM ENGINEERS
As independent petroleum engineers, Williamson Petroleum Consultants, Inc.
hereby consents to the incorporation by reference in this registration statement
on Form S-8 of our reports entitled "Evaluation of Oil and Gas Reserves to the
Interests of Tom Brown, Inc., Effective December 31, 1996, for Disclosure to the
Securities and Exchange Commission, Williamson Project 6.8431" dated February
28, 1997, and "Evaluation of Oil and Gas Reserves to the Interests of Tom Brown,
Inc., Effective December 31, 1997, for Disclosure to the Securities and Exchange
Commission, Williamson Project 7.8529" dated March 4, 1998 included in the
Annual Report on Form 10-K of Tom Brown, Inc. for the year ended December 31,
1998 and to all references to our firm included in this registration statement
on Form S-8 to be filed with the Securities and Exchange Commission.
/S/ WILLIAMSON PETROLEUM CONSULTANTS, INC.
Midland, Texas
February 23, 2000
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Exhibit 23.4
CONSENT OF INDEPENDENT PETROLEUM ENGINEERS
As independent petroleum engineers, we hereby consent to the
incorporation by reference in this registration statement of our report included
in the Annual Report on Form 10-K of Tom Brown, Inc. for the year ended December
31, 1998 and to all references to our firm included in this registration
statement.
/S/ Ryder Scott Company, L.P.
February 28, 2000
