<PAGE>
As filed with the Securities and Exchange Commission on May 14, 1996
Registration No. 33-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
------------------
C-CUBE MICROSYSTEMS INC.
(Exact name of issuer as specified in its charter)
DELAWARE 77-0192108
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
1778 MCCARTHY BLVD.
MILPITAS, CA 95035
(Address of principal executive offices)
--------------------------------------------------
1994 EMPLOYEE STOCK PLAN
1994 OUTSIDE DIRECTORS STOCK OPTION PLAN
1994 EMPLOYEE STOCK PURCHASE PLAN
(Full title of the plans)
--------------------------------------------------
JAMES G BURKE
VICE PRESIDENT OF FINANCE AND ADMINISTRATION,
CHIEF FINANCIAL OFFICER AND SECRETARY
C-CUBE MICROSYSTEMS INC.
1778 MCCARTHY BLVD.
MILPITAS, CA 95035
(408) 944-6300
(Name, address and telephone number of agent for service)
--------------------------------------------------
Copy to:
Aaron J. Alter, Esq.
Wilson Sonsini Goodrich & Rosati
Professional Corporation
650 Page Mill Road
Palo Alto, California 94304
<PAGE>
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
Proposed
Maximum Proposed
Offering Maximum Amount of
Title of Securities to be Amount to be Price Aggregate Registration
Registered Registered Per Share(4) Offering Price(4) Fee(4)
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1994 EMPLOYEE STOCK PLAN
Common Stock 3,551,372 (1) $ 45.00 $ 159,811,740.00 $ 55,107.50
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
1994 OUTSIDE DIRECTORS 250,000 (2) $ 45.00 $ 11,250,000.00 $ 3,879.31
STOCK OPTION PLAN
Common Stock
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
1994 EMPLOYEE STOCK 380,000 (3) $ 45.00 $ 380,000.00 $ 5,896.55
PURCHASE PLAN
Common Stock
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
AGGREGATE 4,181,372 $ 45.00 $ 188,161,740.00 $ 64,883.36
Common Stock
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
</TABLE>
(1) A total of 8,006,550 shares have been reserved for issuance under the 1994
Employee Stock Option Plan, 3,551,372 shares of which are being registered
hereby.
(2) A total of 450,000 shares have been reserved for issuance under the 1994
Outside Directors Stock Option Plan, 250,000 shares of which are being
registered hereby.
(3) A total of 780,000 shares have been reserved for issuance under the 1994
Employee Stock Purchase Plan, 380,000 shares of which are being registered
hereby.
(4) Estimated in accordance with Rule 457(h) solely for the purpose of
computing the amount of the registration fee based on the prices of the
Company's Common Stock as reported on the Nasdaq National Market on May 7,
1996
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<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 Milpitas, State of California, on this 9th day of
May, 1996.
C-CUBE MICROSYSTEMS INC.
By: /s/ Alexandre Balkanski
--------------------------------------
Alexandre Balkanski
President, Chief Executive Officer
-3-
<PAGE>
EXHIBIT INDEX and Director
Sequentially
Exhibit Numbered
Number Page
- ------- ------------
5.1 Opinion of counsel as to legality of
securities being registered.
23.1 Consent of Independent Auditors.
23.2 Consent of Counsel (contained in
Exhibit 5.1)
24.1 Power of Attorney
-4-
<PAGE>
EXHIBIT 5.1
May 9, 1996
C-Cube Microsystems Inc.
1778 McCarthy Blvd.
Milpitas, CA 95035
RE: REGISTRATION STATEMENT ON FORM S-8
Gentlemen:
We have examined the Registration Statement on Form S-8 to be filed by you
with the Securities and Exchange Commission on or about May 10, 1996 (the
"Registration Statement") in connection with the registration under the
Securities Act of 1933, as amended, of an additional 4,181,372 shares of your
Common Stock reserved for issuance under the 1994 Employee Stock Plan, the 1994
Outside Directors Stock Option Plan, and the 1994 Employee Stock Purchase Plan
(collectively, the "Plans"). As your legal counsel, we have examined the
proceedings taken and are familiar with the proceedings proposed to be taken by
you in connection with the sale and issuance of such Common Stock under the
Plans.
It is our opinion that, when issued and sold in the manner referred to in
the Plans and pursuant to the agreements which accompany the Plans, the Common
Stock issued and sold thereby will be legally and validly issued, fully paid and
non-assessable.
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 any Prospectus constituting a part thereof,
and any amendments thereto. This opinion may be incorporated by reference in
any abbreviated registration statement filed pursuant to Rule 462 under the
Securities Act with respect to the Registration Statement.
Very truly yours,
WILSON, SONSINI, GOODRICH & ROSATI
Professional Corporation
/s/ Wilson Sonsini Goodrich & Rosati
EXHIBIT 23.1
<PAGE>
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in the Registration
Statement of C-Cube Microsystems Inc. on Form S-8 of the reports of Deloitte
& Touche LLP dated January 17, 1996 appearing in the Annual Report on Form
10-K of C-Cube Microsystems Inc. for the year ended December 31, 1995.
/s/ Deloitte & Touche LLP
Deloitte & Touche LLP
Palo Alto, California
May 10, 1996
-6-
<PAGE>
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Alexandre Balkanski and James G. Burke,
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 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 below by the following persons in the
capacities and on the dates indicated.
Signature Title Date
- ------------------------- --------------------------------- ------------
/s/ Donald Valentine Chairman of the Board May 9, 1996
- -------------------------
Donald Valentine
/s/ Alexandre Balkanski President, Chief Executive Officer, May 9, 1996
- ------------------------- and Director (PRINCIPAL EXECUTIVE
Alexandre Balkanski OFFICER)
/s/ James G. Burke Vice President of Finance and May 9, 1996
- ------------------------- Administration, Chief Financial
James G. Burke Officer and Secretary (PRINCIPAL
FINANCIAL AND ACCOUNTING OFFICER)
/s/ William O'Meara Director May 9, 1996
- -------------------------
William O'Meara
/s/ Baryn Futa Director May 9, 1996
- -------------------------
Baryn Futa
/s/ T. J. Rodgers Director May 9, 1996
- -------------------------
T. J. Rodgers
/s/ Gregorio Reyes Director May 9, 1996
- -------------------------
Gregorio Reyes
-7-
