<PAGE>
As filed with the Securities and Exchange Commission on October 12, 1999
Registration No. 333 -
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-4
REGISTRATION STATEMENT
Under
The Securities Act of 1933
--------------------------
SEAGATE TECHNOLOGY, INC.
(Exact name of Registrant as specified in its charter)
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<CAPTION>
<S> <C> <C>
Delaware 3573 94-2612933
(State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer
incorporation or organization) Classification Code Number) Identification Number)
--------------------------
920 Disc Drive
Scotts Valley, California 95067
(831) 438-6550
(Address and telephone number of Registrant's principal executive offices)
--------------------------
Charles C. Pope
Executive Vice President and
Chief Financial Officer
Seagate Technology, Inc.
920 Disc Drive
Scotts Valley, California 95067
(831) 438-6550
(Name, address and telephone number of agent for service of process)
--------------------------
Copies to:
Thomas F. Mulvaney, Esq. Susan J. Wolfe, Esq. Larry W. Sonsini, Esq.
Senior Vice President, General Counsel Vice President of Legal Affairs and John T. Sheridan, Esq.
and Corporate Secretary Corporate Secretary Julia Reigel, Esq.
Seagate Technology, Inc. Seagate Software, Inc. Wilson Sonsini Goodrich & Rosati
920 Disc Drive 915 Disc Drive Professional Corporation
Scotts Valley, California 95067 Scotts Valley, California 95066 650 Page Mill Road
(831) 438-6550 (831) 438-6550 Palo Alto, CA 94304
-------------------------- (650) 493-9300
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Approximate date of commencement of proposed sale to the public: As soon as
practicable following the effective time of the merger of a wholly-owned
subsidiary of the Registrant with and into Seagate Software, Inc.
If the securities being registered on this Form are being offered in
connection with the formation of a holding company and there is compliance with
General Instruction G, check the following box.
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. 333-86543
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under
the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering.
--------------------------
CALCULATION OF REGISTRATION FEE
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========================================================================================================================
Amount Proposed Maximum Proposed Maximum
Title of Each Class of to be Offering Price Aggregate Amount of
Securities to be Registered Registered Per Share (1) Offering Price Registration Fee
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Common Stock $0.01 par value 3,461,934 $30.94 $107,103,583 $29,774.80
========================================================================================================================
</TABLE>
(1) Estimated solely for the purpose of computing the amount of the
registration fee pursuant to Rule 457(c) of the Securities Act of 1933, as
amended, based on the average of the high and low sales price as reported
on the New York Stock Exchange on October 7, 1999.
--------------------------
The Registrant hereby amends this Registration Statement on such date or dates
as may be necessary to delay its effective date until the Registrant shall file
a further amendment which specifically states that this Registration Statement
shall thereafter become effective in accordance with Section 8(a) of the
Securities Act of 1933 or until the Registration Statement shall become
effective on such date as the Commission, acting pursuant to said Section 8(a),
may determine.
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EXPLANATORY NOTE
Incorporated by reference herein is, in its entirety, the Registration
Statement on Form S-4 (File No. 333- 86543) of Seagate Technology, Inc. (the
"Registrant"), which was declared effective by the Securities and Exchange
Commission on September 17, 1999. Such registration statement related to the
issuance of 12,000,000 shares of the Registrant's Common Stock, $0.01 par value
per share, in connection with the Agreement and Plan of Reorganization dated
September 2, 1999 (the "Agreement") between the Registrant, Seagate Daylight
Merger Corp., a wholly-owned subsidiary of the Registrant ("Daylight"), and
Seagate Software, Inc., a majority owned subsidiary of the Registrant ("Seagate
Software").
On September 21, 1999, Seagate Software distributed the Joint Proxy
Statement/Prospectus that formed a part of the Registrant's Reg. No. 333-86543
to its stockholders of record as of September 4, 1999. Seagate Software filed
such materials with the Securities and Exchange Commission on September 20,
1999.
The purpose of this registration statement is to register 3,461,934
additional shares of the Registrant's common stock, $0.01 par value per share,
for the purpose of issuing such shares in addition to the shares registered
under Reg. No. 333-86543 in connection with the merger of Daylight with and into
Seagate Software pursuant to the Agreement.
<PAGE>
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 20. INDEMNIFICATION OF DIRECTORS AND OFFICERS
Section 145 of the Delaware General Corporation Law authorizes a court to
award, or a corporation's board of directors to grant, indemnity to directors
and officers in terms sufficiently broad to permit such indemnification under
certain circumstances for liabilities (including reimbursement for expenses
incurred) arising under the Securities Act. The registrant's certificate of
incorporation and bylaws provide for indemnification of the registrant's
directors, officers, employees and other agents to the maximum extent permitted
by the Delaware law. In addition, the registrant has entered into
indemnification agreements with its officers and directors.
ITEM 21. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
(a) Exhibits
Notes
-------
2.1 Agreement and Plan of Reorganization, among Seagate *
Technology, Inc., Seagate Daylight Merger Corp. and
Seagate Software, Inc.
4.1 Indenture, dated as of March 1, 1997 (the "Indenture"), **
between Seagate Technology, Inc. and First Trust of
California, National Association as Trustee.
4.2 Officers' Certificate pursuant to Section 301 of the **
Indenture, without Exhibits, establishing the terms of
Seagate Technology's senior notes and senior debentures.
4.3 Form of Senior Note. **
4.4 Form of Series Debenture. **
5.1 Opinion of Wilson Sonsini Goodrich & Rosati, Professional
Corporation, as to the legality of the securities being
registered.
8.1 Tax opinion of Ernst & Young LLP. *
8.2 Tax opinion of Wilson Sonsini Goodrich & Rosati, *
Professional Corporation
23.1 Consent of Ernst & Young LLP, Independent Auditors
23.2 Consent of Ernst & Young LLP, Independent Auditors
23.3 Consent of Wilson Sonsini Goodrich & Rosati (included in
Exhibit 5.1)
23.4 Consent of Ernst & Young LLP (included in Exhibit 8.1) *
23.5 Consent of Wilson Sonsini Goodrich & Rosati (included in *
Exhibit 8.2)
24.1 Power of Attorney (see page II-4)
_______________________
* Incorporated by reference to exhibits filed in response to Item 21, "Exhibits
and Financial Statement Schedules," of the Registrant's Registration
Statement on Form S-4 (Reg. No. 333-86543) as declared effective by the
Securities and Exchange Commission on September 17, 1999.
** Incorporated by reference to exhibits filed in response to Item 7(b)
"Financial Statements and Exhibits," of the Registrant's Current Report on
Form 8-K dated March 4, 1997.
II-1
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(b) Schedules
Schedule II--Valuation and Qualifying Accounts
ITEM 22. 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 of 1933, as amended (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
or any material change to such information in the Registration Statement 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% change in the maximum aggregate offering price set forth in the
"Calculation of Registration Fee" table in the effective 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 form registration by means of post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") (and, where
applicable, each filing of an employee benefit plan's 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) The undersigned registrant hereby undertakes as follows: that prior
to any public reoffering of the securities registered hereunder through use of a
prospectus which is a part of this Registration Statement, by any person or
party who is deemed to be an underwriter within the meaning of Rule 145(c), the
issuer undertakes that such reoffering prospectus will contain the information
called for by the applicable registration form with respect to reofferings by
persons who may be deemed underwriters, in addition to the information called
for by the other items of the applicable forms.
(d) The registrant undertakes that every prospectus: (i) that is filed
pursuant to paragraph (c) immediately preceding, or (ii) that purports to meet
the requirements of Section 10(a)(3) of the Securities Act and is used in
connection with an offering of securities subject to Rule 415, will be filed as
a part of an amendment to the Registration Statement and will not be used until
such amendment is effective, and that, for purposes of determining any liability
under the Securities Act, each such post-effective
II-2
<PAGE>
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 bonafide offering thereof.
(e) 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, and 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 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 of such issue.
(f) The undersigned registrant hereby undertakes to respond to requests
for information that is incorporated by reference into the prospectus pursuant
to Items 4, 10(b), 11, or 13 of this Form, within one business day after receipt
of such request, and to send the incorporated documents by first class mail or
other equally prompt means. This includes information contained in documents
filed subsequent to the effective date of the Registration Statement through the
date of responding to the request.
(g) The undersigned registrant hereby undertakes to supply by means of
a post-effective amendment all information concerning a transaction, and Seagate
Software being acquired involved therein, that was not the subject of and
included in the Registration Statement when it becomes effective.
II-3
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
has duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Scotts Valley, State of
California, on this 12th day of October 1999.
SEAGATE TECHNOLOGY, INC.
By: /s/ Stephen J. Luczo
--------------------------------------
Stephen J. Luczo
Chief Executive Officer, President and a
Director
POWER OF ATTORNEY
Know All Men By These Presents, that each person whose signature appears
below constitutes and appoints Stephen J. Luczo and Charles C. Pope, jointly and
severally, his attorney-in-fact, each with full power of substitution for him or
her in any and all capacities, to sign any amendments to this Registration
Statement (including post-effective amendments), and to file the same, with
exhibits thereto and other documents in connection therewith, with the
Securities and Exchange Commission, hereby ratifying and confirming all that
each of said attorneys-in-fact, or his or her substitute or substitutes, may 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 by the following persons in the
capacities and on the dates indicated:
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Signature Title Date
- ---------------------------------------- ---------------------------------------- -----------------
<S> <C> <C>
/s/ Stephen J. Luczo Chief Executive Officer, President and a October 12, 1999
- ---------------------------------------- Director (Principal Executive Officer)
(Stephen J. Luczo)
/s/ Charles C. Pope Executive Vice President and Chief October 12, 1999
- ---------------------------------------- Financial Officer (Principal Financial
(Charles C. Pope) and Accounting Officer)
/s/ Gary B. Filler Co-Chairman of the Board October 12, 1999
- ----------------------------------------
(Gary B. Filler)
/s/ Lawrence Perlman Co-Chairman of the Board October 12, 1999
- ----------------------------------------
(Lawrence Perlman)
/s/ Kenneth Haughton Director October 12, 1999
- ----------------------------------------
(Kenneth Haughton)
/s/ Robert A. Kleist Director October 12, 1999
- ----------------------------------------
(Robert A. Kleist)
/s/ Thomas P. Stafford Director October 12, 1999
- ----------------------------------------
(Thomas P. Stafford))
Director October __, 1999
- ----------------------------------------
(Laurel L. Wilkening)
</TABLE>
II-4
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EXHIBIT INDEX
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Number Description Notes
- ------ ----------- --------
<C> <S> <C>
2.1 Agreement and Plan of Reorganization, among Seagate Technology, Inc., *
Seagate Daylight Merger Corp. and Seagate Software, Inc.
4.1 Indenture, dated as of March 1, 1997 (the "Indenture"), between Seagate **
Technology, Inc. and First Trust of California, National Association as
Trustee.
4.2 Officers' Certificate pursuant to Section 301 of the Indenture, without **
Exhibits, establishing the terms of Seagate Technology's senior notes
and senior debentures.
4.3 Form of Senior Note. **
4.4 Form of Series Debenture. **
5.1 Opinion of Wilson Sonsini Goodrich & Rosati, Professional Corporation,
as to the legality of the securities being registered.
8.1 Tax opinion of Ernst & Young LLP. *
8.2 Tax opinion of Wilson Sonsini Goodrich & Rosati, Professional Corporation *
23.1 Consent of Ernst & Young LLP, Independent Auditors
23.2 Consent of Ernst & Young LLP, Independent Auditors
23.3 Consent of Wilson Sonsini Goodrich & Rosati (included in Exhibit 5.1)
23.4 Consent of Ernst & Young LLP (included in Exhibit 8.1) *
23.5 Consent of Wilson Sonsini Goodrich & Rosati (included in Exhibit 8.2) *
24.1 Power of Attorney (see page II-4)
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_______________________
* Incorporated by reference to exhibits filed in response to Item 21,
"Exhibits and Financial Statement Schedules," of the Registrant's
Registration Statement on Form S-4 (Reg. No. 333-86543) as declared
effective by the Securities and Exchange Commission on September 17, 1999.
** Incorporated by reference to exhibits filed in response to Item 7(b)
"Financial Statements and Exhibits," of the Registrant's Current Report on
Form 8-K dated March 4, 1997.
<PAGE>
EXHIBIT 5.1
OPINION OF WILSON SONSINI GOODRICH & ROSATI
October 12, 1999
Seagate Technology, Inc.
920 Disc Drive
Scotts Valley, California 95067
Re: Registration Statement on Form S-4
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-4 to be filed by you
with the Securities and Exchange Commission (the "Commission") on or about
October 8, 1999 (as such may be further amended or supplemented, the
"Registration Statement"), in connection with the registration under the
Securities Act of 1933, as amended (the "Act") and pursuant to Rule 462(b)
promulgated thereunder, of 3,461,934 shares of your common stock, par value
$0.01 per share (the "Shares"). As your counsel in connection with this
transaction, we have examined the proceedings proposed to be taken by you in
connection with the sale of the Shares.
Based on the foregoing, it is our opinion that, upon conclusion of the
proceedings being taken or contemplated to be taken prior to the sale of the
Shares and upon completion of the proceedings taken in order to permit such
transactions to be carried out in accordance with the securities laws of various
states where required, the Shares, when sold in the manner described in the
Registration Statement, will be legally and validly issued, fully paid and
nonassessable.
We consent to the use of this opinion as an exhibit to the Registration
Statement, and further consent to the use of our name wherever appearing in the
Registration Statement, including the prospectus constituting a part thereof,
which has been approved by us, as such may be further amended or supplemented.
Sincerely,
WILSON SONSINI GOODRICH & ROSATI
Professional Corporation
/s/Wilson Sonsini Goodrich & Rosati
<PAGE>
Exhibit 23.1
Consent of Ernst & Young LLP, Independent Auditors
We consent to the incorporation by reference in the Registration Statement
(Form S-4) for the registration of 3,461,934 shares of common stock of Seagate
Technology, Inc. and in the related Prospectus of our report dated July 15, 1999
(except for the Subsequent Events note, as to which the date is August 17,
1999), with respect to the consolidated financial statements and schedule of
Seagate Technology, Inc. included in its Annual Report (Form 10-K) for the year
ended July 2, 1999, as filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
San Jose, CA
October 8, 1999
<PAGE>
Exhibit 23.2
Consent of Ernst & Young LLP, Independent Auditors
We consent to the incorporation by reference in the Registration Statement
(Form S-4) for the registration of 3,461,934 shares of common stock of Seagate
Technology, Inc. and in the related Prospectus of our report dated July 23,
1999, with respect to the consolidated financial statements and schedule of
Seagate Software, Inc. included in its Annual Report (Form 10-K) for the year
ended July 2, 1999, as filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
San Jose, CA
October 8, 1999
