<PAGE>
As filed with the Securities and Exchange Commission on June 6, 2000
Registration No. 333-
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
FORM S-8
REGISTRATION STATEMENT
Under
The Securities Act of 1933
--------------
SYMMETRICOM, INC.
(Exact name of Registrant as specified in its charter)
--------------
<TABLE>
<S> <C>
California 95-1906306
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
</TABLE>
2300 Orchard Parkway
San Jose, California 95131-1017
(Address, including zip code, and telephone number, including area code,
of Registrant's principal executive offices)
--------------
1999 STOCK PLAN
1999 DIRECTOR OPTION PLAN
(Full title of the Plans)
--------------
Thomas W. Steipp
Chief Executive Officer
Symmetricom, Inc.
2300 Orchard Parkway
San Jose, California 95131-1017
(408) 943-9403
(Name, address, including zip code, and telephone number, including area code,
of agent for service)
--------------
Copies to:
Neil Wolff
Wilson Sonsini Goodrich & Rosati
Professional Corporation
650 Page Mill Road
Palo Alto, California 94304
(650) 493-9300
--------------
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------
Proposed Proposed
Maximum Maximum
Title of Each Class Amount Offering Aggregate Amount of
of Securities to to be Price Offering Registration
be Registered Registered Per Share (1) Price Fee
--------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1999 Stock Plan:
Common Stock, no par value 900,000 $15.531 $13,978,125.00 $3,885.92
--------------------------------------------------------------------------------------------------------
1999 Director Option Plan
Common Stock, no par value 300,000 $15.531 $ 4,659,375.00 $1,295.31
--------------------------------------------------------------------------------------------------------
Total: $5,181.23
--------------------------------------------------------------------------------------------------------
</TABLE>
--------------
(1) Estimated in accordance with Rules 457(c) and 457(h) under the Securities
Act of 1933, as amended (the "Securities Act"), solely for the purpose of
calculating the registration fee. The computation is based upon the
average of the high and low prices as reported on the Nasdaq National
Market on June 2, 2000.
================================================================================
<PAGE>
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents and information previously filed with the
Securities and Exchange Commission by Symmetricom, Inc. (the "Company") are
hereby incorporated by reference in this Registration Statement:
(a) The Registrant's Annual Report on Form 10-K for the fiscal year ended
June 30, 1999, filed pursuant to Section 13 of the Securities Exchange Act of
1934 (the "Exchange Act"). (File No. 0-02287).
(b) The Registrant's Quarterly Report on Form 10-Q for the quarters ended
September 30, 1999, December 31, 1999, and March 31, 2000 filed pursuant to
Section 13 of the Exchange Act. (File No. 0-02287).
(c) The Registrant's Form 8-K's filed pursuant to Section 13 of the
Exchange Act dated August 19, 1999, October 14, 1999, December 14, 1999, and
April 13, 2000. (File No. 0-02287).
(d) The description of the Registrant's Common Stock contained in the
Registrant's registration statement filed pursuant to the Exchange Act,
including any amendment or report filed for the purpose of updating such
description.
(e) The description of the Registrant's Common Share Purchase Rights
contained in the Registrant's registration statement on Form 8-A dated December
18, 1990, filed pursuant to Section 12 of the Exchange Act, including any
amendment or report filed for the purpose of updating such description.
All documents subsequently filed by the Registrant pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-
effective amendment which indicates that all securities offered have been sold
or which registered all securities then remaining unsold, shall be deemed to be
incorporated by reference in this registration statement and to be part hereof
from the date of filing such documents.
Item 6. Indemnification of Directors and Officers.
Section 317 of the California Corporations Code ("Section 317")
authorizes a corporation to indemnify a person against expenses and liabilities
arising from third party or derivative actions to which the person is or is
threatened to be made a party by reason of the fact that such person is or was
an agent of the corporation, so long as such person acted in good faith and in a
manner the person reasonably believed to be in the best interest of the
corporation and, in the case of a criminal proceeding, had no reasonable cause
to believe the conduct of the person was unlawful. Section 317 requires a
corporation to indemnify an agent who has been successful on the merits in
defense of any third party or derivative action against expenses actually and
reasonably incurred in connection therewith. The indemnification authorized by
Section 317 is not exclusive of additional indemnification rights which an agent
may have.
II-1
<PAGE>
In accordance with Section 204 of the California Corporations Code, the
Registrant's Articles of Incorporation eliminate the liability of directors for
monetary damages to the fullest extent permissible under California law. The
Registrant's Articles of Incorporation also authorize the Registrant to
indemnify the directors and officers to the fullest extent permissible under
California law.
The Registrant's Bylaws require the Registrant to indemnify directors
and officers of the Registrant, and authorize the Registrant to indemnify other
agents, to the maximum extent permitted under the California Corporations Code.
Such provisions also apply to former directors, officers and agents of the
Registrant, and persons serving as directors, officers or agents of another
entity at the request of the Registrant.
The Registrant has entered into indemnification agreements with its
directors and officers providing for indemnification of such directors and
officers to the maximum extent permitted by law, including future changes to the
law permitting broader indemnification than that currently permitted. These
agreements also resolve certain procedural and substantive matters that are not
covered, or are covered in less detail, in the California Corporations Code or
the Registrant's Bylaws.
The Registrant currently maintains liability insurance for its
directors and officers.
Item 8. Exhibits.
4.1 1999 Employee Stock Plan and form of Option Agreement is incorporated
herein by reference to Exhibit 99.1 and 99.2 filed with the
Registrant's Proxy Statement dated September 23, 1999.
4.2 1999 Director Option Plan and form of Option Agreement is incorporated
herein by reference to Exhibit 99.3 and 99.4 filed with the
Registrant's Proxy Statement dated September 23, 1999.
5.1 Opinion of counsel as to legality of Securities being registered.
23.1 Consent of Deloitte & Touche LLP.
23.2 Consent of counsel (contained in Exhibit 5.1).
24.1 Power of Attorney (see page II-2).
--------------------------------------------------------------------------------
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 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.
II-2
<PAGE>
(2) That, for the purpose of determining any liability under the
Securities Act of 1933, as amended (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.
(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
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) 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 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
adjudication of such issue
--------------------------------------------------------------------------------
II-3
<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 Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of San Jose, State of California on June 6, 2000.
SYMMETRICOM, INC.
By: /s/ Maurice Austin
------------------
Maurice Austin
Chief Financial Officer
June 6, 2000
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Thomas W. Steipp and Maurice Austin,
jointly and severally, his attorneys-in-fact, each with the power of
substitution, for him in any and all capacities, to sign any amendments to this
Registration Statement on Form S-8, 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, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the date indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
--------- ----- ----
<S> <C> <C>
/s/ Thomas W. Steipp Chief Executive Officer and Director June 6, 2000
----------------------------------------------- (principal executive officer)
Thomas W. Steipp
/s/ Maurice Austin Chief Financial Officer and Secretary June 6, 2000
----------------------------------------------- (principal financial and accounting
Maurice Austin officer)
/s/ Richard W. Oliver Chairman of the Board June 6, 2000
-----------------------------------------------
Richard W. Oliver
/s/ Robert T. Clarkson Director June 6, 2000
-----------------------------------------------
Robert T. Clarkson
</TABLE>
II-4
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
/s/ Robert M. Neumeister Director June 6, 2000
-----------------------------------------------
Robert M. Neumeister, Jr.
/s/ Krish A. Prabhu Director June 6, 2000
-----------------------------------------------
Krish A. Prabhu
/s/ William D. Rasdal Director June 6, 2000
-----------------------------------------------
William D. Rasdal
/s/ Richard N. Snyder Director June 6, 2000
-----------------------------------------------
Richard N. Snyder
</TABLE>
II-5
<PAGE>
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit Number Exhibit Document
-------------- --------------------------------------------------------------
<C> <S>
4.1 1999 Employee Stock Plan and form of Option Agreement is
incorporated herein by reference to Exhibit 99.1 and 99.2 filed
with the Registrant's Proxy Statement dated September 23, 1999.
4.2 1999 Director Option Plan and form of Option Agreement is
incorporated herein by reference to Exhibit 99.3 and 99.4 filed
with the Registrant's Proxy Statement dated September 23, 1999.
5.1 Opinion of counsel as to legality of Securities being registered.
23.1 Consent of Deloitte & Touche LLP.
23.2 Consent of counsel (contained in Exhibit 5.1).
24.1 Power of Attorney (see page II-4).
</TABLE>
