BUSINESS OBJECTS SA
S-8, 2000-07-31
PREPACKAGED SOFTWARE
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<PAGE>

      As filed with the Securities and Exchange Commission on July 31, 2000
                                                           Registration No. 333-
================================================================================

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                                ---------------

                                   FORM S-8
                            REGISTRATION STATEMENT
                                     Under
                          THE SECURITIES ACT OF 1933
                                ---------------
                             BUSINESS OBJECTS S.A.
            (Exact name of Registrant as specified in its charter)

     Republic of France                                       None
-------------------------------              ---------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)
                          157/159 rue Anatole France
                               Levallois-Perret
                                 France 92300
  (Address, including zip code, of Registrant's principal executive offices)
                                ---------------
          1995 INTERNATIONAL EMPLOYEE STOCK PURCHASE PLAN, AS AMENDED
                   FRENCH EMPLOYEE SAVINGS PLAN, AS AMENDED
                      1999 STOCK OPTION PLAN, AS AMENDED
                          (Full titles of the Plans)
                                ---------------

                          Clifton Thomas Weatherford
                            Chief Financial Officer
                           Business Objects Americas
                               2870 Zanker Road
                          San Jose, California 95134
                                (408) 953-6000
(Name, address, including zip code, and telephone number, including area code,
                             of agent for service)
                                ---------------
                                   Copy to:
                             Steven Bernard, Esq.
                       Wilson Sonsini Goodrich & Rosati
                           Professional Corporation
                              650 Page Mill Road
                           Palo Alto, CA 94304-1050
                                (650) 493-9300
                                ---------------

                        CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
                                                                   Proposed Maximum      Proposed Maximum        Amount of
            Title of Securities                  Amount to be       Offering Price           Aggregate         Registration
              to be Registered                   Registered            Per Share          Offering Price            Fee
----------------------------------------------------------------------------------------------------------------------------------
<S>                                            <C>                 <C>                  <C>                   <C>
Ordinary Shares, nominal value
 one French franc per share (1).............
----------------------------------------------------------------------------------------------------------------------------------
1995 International Employee Stock Purchase          200,000             $80.86              $ 16,172,000 (2)       $ 4,495.84
 Plan.......................................
----------------------------------------------------------------------------------------------------------------------------------
French Employee Savings Plan................         75,000             $80.86              $  6,064,500 (2)       $ 1,685.93
----------------------------------------------------------------------------------------------------------------------------------
1999 Stock Option Plan......................      3,000,000             $95.13              $285,390,000 (3)       $79,338.42
==================================================================================================================================
</TABLE>
(1)  American Depositary Shares evidenced by American Depository Receipts that
     are issuable upon deposit of the Ordinary Shares with The Bank of New York
     as Depository registered hereby have been registered pursuant to a separate
     Registration Statement on Form F-6 (File No. 33-83164).
(2)  Estimated in accordance with Rule 457(h) solely for the purpose of
     calculating the registration fee, on the basis of $80.86 per share (85% of
     $95.13, which was the average of the bid and ask closing price of the
     Registrant's American Depository Shares on July 26, 2000).
(3)  Estimated in accordance with Rule 457(h) solely for the purpose of
     calculating the registration fee, on the basis of $95.13 per share (the
     average of the bid and ask closing price of the Registrant's American
     Depository Shares on July 26, 2000.)
================================================================================
<PAGE>

                                    PART II

              INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Explanatory Note
----------------

     This Registration Statement on Form S-8 is being filed for the purpose of
registering (i) an additional 200,000 shares of the Registrant's Ordinary Shares
to be issued pursuant to the Registrant's 1995 International Employee Stock
Purchase Plan, as amended (the "1995 Plan"), (ii) an additional 75,000 shares to
be issued under the Registrant's French Employee Savings Plan, as amended (the
"Savings Plan"), and (iii) an additional 3,000,000 shares to be issued pursuant
to the Registrant's 1999 Stock Option Plan, as amended (the "1999 Option Plan").
The Registration Statement on Form S-8 previously filed with the Securities and
Exchange Commission relating to the 1995 Plan, the Savings Plan and the 1999
Option Plan (Commission File No. 333-84341) is incorporated herein by reference.

Item 3.  Incorporation of Documents by Reference.
         ---------------------------------------

     The following documents and information heretofore filed with the
Securities and Exchange Commission (the "Commission") by the Registrant are
incorporated herein by reference:

          1.   The Registrant's Annual Report on Form 10-K for the fiscal year
               ended December 31, 1999 (which incorporates by reference certain
               portions of the Registrant's definitive notice and proxy
               statement for its fiscal 1999 Ordinary and Extraordinary Meeting
               of Shareholders).

          2.   The Registrant's Report on Form 10-Q for the quarterly period
               ended March 31, 2000.

          3.   The description of Registrant's Ordinary Shares, nominal value
               one French franc per share (the "Common Stock"), contained in the
               Registrant's Registration Statement on Form 8-A (File No. 0-
               24720).

     All documents subsequently filed by Registrant, and, to the extent provided
therein, any further documents subsequently furnished by the Registrant
(including Form 8-Ks), pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Securities and Exchange Act of 1934, prior to the filing of a post-effective
amendment which indicates that all securities offered under this registration
statement have been sold or which deregisters all securities then remaining
unsold hereunder, shall be deemed to be incorporated by reference herein and to
be part hereof from the date of filing of such documents.

Item 4.  Description of Securities.
         -------------------------

     Not applicable.

Item 5.  Interests of Named Experts and Counsel.
         --------------------------------------

     None.

                                      II-1
<PAGE>

Item 6.  Indemnification of Directors and Officers.
         -----------------------------------------

     The Registrant maintains liability insurance for its directors and
principal executive officers, including insurance against liabilities under the
Securities Act of 1933, as amended, pursuant to a written agreement with each of
its directors and officers.

Item 7.  Exemption from Registration Claimed.
         ------------------------------------
Not applicable.

Item 8.  Exhibits.
         --------

<TABLE>
<CAPTION>
       Exhibit
       Number                               Description of Document
-------------------     --------------------------------------------------------
    <C>                     <S>
          3.1           Statuts or charter of the Registrant as amended on March
                        31, 2000 (English translation).

      4.1 (1)           Form of Deposit Agreement, as amended and restated on
                        December 30, 1998, among Business Objects S.A., the Bank
                        of New York, as Depositary, and holders from time to
                        time of American Depositary Shares issued thereunder
                        (including Exhibit A ther eto).

      4.2 (2)           1995 International Employee Stock Purchase Plan, as
                        amended.

      4.3 (2)           French Employee Savings Plan, as amended.

      4.4 (2)           1999 Stock Option Plan, as amended.

          5.1           Opinion of Stibbe, Simont, Monahan, Duhot & Giroux as to
                        the validity of the Ordinary Shares.

         23.1           Consent of Ernst & Young LLP, independent accountants.

         23.2           Consent of Stibbe, Simont, Monahan, Duhot & Giroux
                        (included in Exhibit 5.1).

         24.1           Powers of Attorney (included on signature page).
</TABLE>


(1)  Incorporated by Reference to Exhibit 4.0 to the Registrant's Annual Report
     on Form 10-K (File No. 000-24720) filed with the Commission on March 30,
     2000.
(2)  Incorporated by Reference to the Addendum to the Registrant's Definitive
     Proxy Statement on Schedule 14A (File No. 000-24720) filed with the
     Commission on April 24, 2000.

                                      II-2
<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 on Form S-8 to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of San Jose, California, on July 28, 2000.

                             BUSINESS OBJECTS S.A.

                             By: /s/ Bernard Liautaud
                                 --------------------
                                 Bernard Liautaud,
                                 Chairman, President and Chief Executive Officer

                               POWER OF ATTORNEY

     KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Bernard Liautaud and Clifton T.
Weatherford and each of them, acting individually, as his attorney-in-fact, with
full power of substitution, for him and in any and all capacities, to sign any
and all amendments to this Registration Statement on this Form S-8 and to file
the same, with all 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 on Form S-8 has been signed on July 28, 2000, by the
following persons in the capacities indicated.
<TABLE>
<CAPTION>
            Signature                                       Title                                 Date
----------------------------------   -----------------------------------------------       -----------------
<S>                                  <C>                                                   <C>
  /s/ Bernard Liautaud               Chairman of the Board, President and Chief               July 28, 2000
----------------------------------   Executive Officer (Principal Executive Officer)
  Bernard Liautaud

  /s/ Clifton T. Weatherford         Chief Financial Officer and Senior Group Vice            July 28, 2000
----------------------------------   President (Principal Financial and Accounting
  Clifton T. Weatherford             Officer)

  /s/ Bernard Charles                Director                                                 July 28, 2000
----------------------------------
  Bernard Charles

  /s/ Vincent Worms                  Director                                                 July 28, 2000
----------------------------------
  Vincent Worms

  /s/ Arnold N. Silverman            Director                                                 July 28, 2000
----------------------------------
  Arnold N. Silverman

                                     Director
----------------------------------
  Alert Eisenstat
</TABLE>
<PAGE>

                               Index to Exhibits
                               -----------------
<TABLE>
<CAPTION>
       Exhibit
       Number                                 Description of Document
-------------------     --------------------------------------------------------
<C>                     <S>
          3.1           Statuts or charter of the Registrant as amended on March
                        31, 2000 (English translation).

      4.1 (1)           Form of Deposit Agreement, as amended and restated on
                        December 30, 1998, among Business Objects S.A., the Bank
                        of New York, as Depositary, and holders from time to
                        time of American Depositary Shares issued thereunder
                        (including Exhibit A thereto).

      4.2 (2)           1995 International Employee Stock Purchase Plan, as
                        amended.

      4.3 (2)           French Employee Savings Plan, as amended.

      4.4 (2)           1999 Stock Option Plan, as amended.

          5.1           Opinion of Stibbe, Simont, Monahan, Duhot & Giroux as to
                        the validity of the Ordinary Shares.

         23.1           Consent of Ernst & Young LLP, independent accountants.

         23.2           Consent of Stibbe, Simont, Monahan, Duhot & Giroux
                        (included in Exhibit 5.1).

         24.1           Powers of Attorney (included on signature page).
</TABLE>


(1)  Incorporated by Reference to Exhibit 4.0 to the Registrant's Annual Report
     on Form 10-K (File No. 000-24720) filed with the Commission on March 30,
     2000.
(2)  Incorporated by Reference to the Addendum to the Registrant's Definitive
     Proxy Statement on Schedule 14A (File No. 000-24720) filed with the
     Commission on April 24, 2000.


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