AVANT CORP
S-8, 1996-11-27
PREPACKAGED SOFTWARE
Previous: AVANT CORP, 8-K, 1996-11-27
Next: WNC HOUSING TAX CREDIT FUND V LP SERIES 3, 10-Q/A, 1996-11-27



<PAGE>
 
   As filed with the Securities and Exchange Commission on November 27, 1996
                                                  Registration No. 333-________
===============================================================================
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                               ________________

                                   FORM S-8
                            REGISTRATION STATEMENT
                                     Under
                          The Securities Act of 1933
                               ________________

                              AVANT! CORPORATION
            (Exact name of registrant as specified in its charter)

          DELAWARE                                  94-3133226
  (State or other jurisdiction           (IRS Employer Identification No.)
of incorporation or organization)


                            1208 East Arques Avenue
                              Sunnyvale, CA 94086
              (Address of principal executive offices) (Zip Code)
                               ________________

         FRONTLINE DESIGN AUTOMATION, INC. 1996 EQUITY INCENTIVE PLAN
                          (Full title of the Plan)
                               ________________

                                 GERALD C. HSU
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                              AVANT! CORPORATION
             1208 EAST ARQUES AVENUE, SUNNYVALE, CALIFORNIA 94086
                    (Name and address of agent for service)
                                (408) 738-8881
         (Telephone number, including area code, of agent for service)
                               ________________

                        CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION> 
==================================================================================================================================
                                                                  PROPOSED MAXIMUM      PROPOSED MAXIMUM
                                               AMOUNT TO            OFFERING PRICE          AGGREGATE              AMOUNT OF
  TITLE OF SECURITIES TO BE REGISTERED     BE REGISTERED (1)          PER SHARE (2)      OFFERING PRICE (2)     REGISTRATION FEE
<S>                                        <C>                    <C>                     <C>                    <C>
Frontline Design Automation, Inc. 1996
 Equity Incentive Plan
- ----------------------------------------
Options to purchase Common Stock,                  
    $0.0001 par value                          393,748                    N/A                   N/A                   N/A
Common Stock, $0.0001 par value             393,748 shares              $0.20 (2)             $78,749.60            $100.00
==================================================================================================================================
</TABLE> 
(1)  This Registration Statement shall also cover any additional shares of
     Common Stock which become issuable under the FrontLine Design Automation,
     Inc. 1996 Equity Incentive Plan by reason of any stock dividend, stock
     split, recapitalization or other similar transaction effected without the
     receipt of consideration which results in an increase in the number of the
     outstanding shares of Common Stock of Avant! Corporation.


(2)  Calculated solely for purposes of this offering under Rule 457(h) of the
     Securities Act of 1933, as amended, (the "1933 Act") on the basis of the
     weighted average exercise price of the outstanding options.
<PAGE>
 
                                    PART II


              INFORMATION REQUIRED IN THE REGISTRATION STATEMENT


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


         Avant! Corporation (the "Registrant") hereby incorporates by reference
into this Registration Statement the following documents previously filed with
the Securities and Exchange Commission (the "SEC"):

         (a) The Registrant's Annual Report on Form 10-K for the fiscal year
             ended December 31, 1995;

         (b) (1) The Registrant's Quarterly Reports on Form 10-Q for the
             fiscal quarters ended March 31, 1996, June 30, 1996 and September
             30, 1996, respectively;

             (2) The Registrant's Reports on Form 8-K filed with the SEC on
             October 16, 1996, October 24, 1996 and November 27, 1996,
             respectively; and

         (c) The Registrant's Registration Statement No. 0-25864 on Form 8-A
             filed with the SEC on April 12, 1995 pursuant to Section 12 of the
             Securities Exchange Act of 1934, as amended (the "1934 Act"),
             together with amendments thereto, in which there is described the
             terms, rights and provisions applicable to the Registrant's
             outstanding Common Stock.

         All reports and definitive proxy or information statements filed
pursuant to Section 13(a), 13(c), 14 or 15(d) of the 1934 Act after the date of
this Registration Statement and prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or
which deregisters all securities then remaining unsold shall be deemed to be
incorporated by reference into this Registration Statement and to be a 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
         --------------------------------------

         Not Applicable.

Item 6.  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 indemnification 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 1933 Act. The
Registrant's Bylaws provide for mandatory indemnification of its directors and
officers and permissible indemnification of employees and other agents to the
maximum extent permitted by the Delaware General Corporation Law. The
Registrant's Certificate of Incorporation provides that, pursuant to Delaware
law, its directors shall not be liable for monetary damages for breach of the
directors' fiduciary duty as directors to the Registrant and its stockholders.
This provision in the Certificate of Incorporation does not eliminate the
directors' fiduciary duty, and in appropriate circumstances equitable remedies
such as injunctive or other forms of non-monetary relief will remain available
under Delaware law. In addition each director will continue to be subject to
liability for breach of the director's duty of loyalty to the Registrant for
acts or omissions not in good faith or involving intentional misconduct, for
knowing violations of law, for actions leading to improper personal benefit to
the director, and for payment of dividends or approval of stock repurchases or
redemptions that are unlawful under Delaware law. The provision also does not
affect a director's responsibilities under any other law, such as the federal
securities laws or state or federal environmental laws. The Registrant has
entered into Indemnification


                                     II-1
<PAGE>
 
Agreements with its officers and directors which provide such officers and
directors with further indemnification to the maximum extent pe permitted by the
Delaware General Corporation Law.

Item 7. Exemption from Registration Claimed
        -----------------------------------
        Not Applicable.
 
Item 8. Exhibits
        --------
<TABLE>
<CAPTION>
 
Exhibit Number      Exhibit
- -------------       -------
<S>                 <C> 
5                   Opinion and consent of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP.

23.1                Consent of KPMG Peat Marwick LLP, Independent Auditors.

23.2                Consent of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP is contained in Exhibit 5.

24                  Power of Attorney. Reference is made to page II-3 of this Registration Statement.
</TABLE>

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 (i) to include any prospectus required by Section
10(a)(3) of the 1933 Act, (ii) to reflect in the prospectus any facts or events
arising after the effective date of this 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 this
Registration Statement and (iii) to include any material information with
respect to the plan of distribution not previously disclosed in this
Registration Statement or any material change to such information in this
Registration Statement; provided, however, that clauses (1)(i) and (1)(ii) shall
not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed by the
Registrant pursuant to Section 13 or Section 15(d) of the 1934 Act that are
incorporated by reference into this Registration Statement; (2) that for the
purpose of determining any liability under the 1933 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, and; (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 Registrant's
FrontLine Design Automation, Inc. 1996 Equity Incentive Plan.

     B. The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the 1933 Act, each filing of the Registrant's
annual report pursuant to Section 13(a) or Section l5(d) of the 1934 Act that is
incorporated by reference into this 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 1933 Act
may be permitted to directors, officers, or controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that, in the opinion of the SEC, such indemnification is
against public policy as expressed in the 1933 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 1933 Act and will be governed by the final
adjudication of such issue.

                                     II-2
<PAGE>
 
                                  SIGNATURES


     Pursuant to the requirements of the Securities Act of 1933, as amended, 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 Sunnyvale, State of California on this 25th day
of November, 1996.

                                           AVANT! CORPORATION




                                           By: /s/ G. C. Hsu
                                              --------------------
                                              Gerald C. Hsu
                                              Chairman of the Board,
                                              President and Chief Executive
                                              Officer


                               POWER OF ATTORNEY
                               -----------------

KNOW ALL PERSONS BY THESE PRESENTS:

     That the undersigned officers and directors of Avant! Corporation, a
Delaware corporation, do hereby constitute and appoint Gerald C. Hsu and John P.
Huyett and each of them, the lawful attorneys-in-fact and agents with full power
and authority to do any and all acts and things and to execute any and all
instruments which said attorneys and agents, and any one of them, determine may
be necessary or advisable or required to enable said corporation to comply with
the Securities Act of 1933, as amended, and any rules or regulations or
requirements of the Securities and Exchange Commission in connection with this
Registration Statement. Without limiting the generality of the foregoing power
and authority, the powers granted include the power and authority to sign the
names of the undersigned officers and directors in the capacities indicated
below to this Registration Statement, to any and all amendments, both pre-
effective and post-effective, and supplements to this Registration Statement,
and to any and all instruments or documents filed as part of or in conjunction
with this Registration Statement or amendments or supplements thereof, and each
of the undersigned hereby ratifies and confirms all that said attorneys and
agents, or any one of them, shall do or cause to be done by virtue hereof. This
Power of Attorney may be signed in several counterparts.

     IN WITNESS WHEREOF, each of the undersigned has executed this Power of
Attorney as of the date indicated.

     Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.

Signature                    Title                                 Date
- ---------                    -----                                 ----



  /s/ G. C. Hsu              Chairman of the Board,           November 25, 1996
- -------------------                                              
Gerald C. Hsu                President and Chief Executive
                             Officer (Principal Executive
                             Officer)

  /s/ John P. Huyett         Vice President of Financial      November 25, 1996
- --------------------                                                 
John P. Huyett               and Administrative Services,
                             Chief Financial Officer 
                             and Treasurer
                             (Principal Financial and
                             Accounting Officer)


                                     II-3
<PAGE>
 
Signature                          Title                           Date
- ---------                          -----                           ----


  /s/ Y. Eric Cho                  Senior Vice President      November 25, 1996
- -----------------                  of Corporate          
Y. Eric Cho                        Operations, Secretary 
                                   and Director           



  /s/ Shawn Hailey                 Director                   November 25, 1996
- ------------------                                               
Shawn Hailey



  /s/ Tench Coxe                   Director                   November 25, 1996
- ----------------                                                 
Tench Coxe



  /s/ Tatsuya Enomoto              Director                   November 25, 1996
- ---------------------                                            
Tatsuya Enomoto



                                     II-4
<PAGE>
 
                                 EXHIBIT INDEX
                                 -------------

<TABLE>
<CAPTION>
Exhibit 
Number           Exhibit
- -------          -------
<S>              <C> 
5                Opinion and consent of Gunderson Dettmer Stough Villeneuve
                 Franklin Hachigian, LLP.

23.1             Consent of KPMG Peat Marwick LLP, Independent Auditors.

23.2             Consent of Gunderson Dettmer Stough Villeneuve Franklin &
                 Hachigian, LLP is contained in Exhibit 5.

24               Power of Attorney. Reference is made to page II-3 of
                 this Registration Statement.
 
</TABLE>

<PAGE>
 
                                                                       Exhibit 5
                                                                       ---------

             [LETTERHEAD OF GUNDERSON DETTMER STOUGH APPEARS HERE]

                               November 27, 1996


Avant! Corporation
1208 East Arques Avenue
Sunnyvale, CA  94086


          Re:  Avant! Corporation (the "Company")
          ---------------------------------------
               Registration Statement for
               --------------------------
               an aggregate of 393,748 Shares of Common Stock
               ----------------------------------------------

Ladies and Gentlemen:

          We refer to your registration on Form S-8 (the "Registration
Statement") under the Securities Act of 1933, as amended, of the 393,748 shares
of Common Stock available for issuance upon the Company's assumption of the
FrontLine Design Automation, Inc. 1996 Equity Incentive Plan. We advise you
that, in our opinion, when such shares have been issued and sold pursuant to the
applicable provisions of the FrontLine Design Automation, Inc. 1996 Equity
Incentive Plan and in accordance with the Registration Statement, such shares
will be validly issued, fully paid and nonassessable shares of the Company's
Common Stock.

          We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement.

                                   Very truly yours,

                                   /s/ GUNDERSON DETTMER STOUGH VILLENEUVE
                                       FRANKLIN & HACHIGIAN, LLP
                                   ---------------------------------------
                                   Gunderson Dettmer Stough Villeneuve
                                   Franklin & Hachigian, LLP

<PAGE>
 
                                                                    Exhibit 23.1
                                                                    ------------


                        CONSENT OF INDEPENDENT AUDITORS



The Board of Directors
Avant! Corporation

We consent to incorporation by reference in the registration statement on Form
S-8 of Avant! Corporation of our report dated November 23, 1996, relating to
the supplemental consolidated balance sheets of Avant! Corporation and
subsidiaries as of December 31, 1994, and 1995 and the related supplemental
consolidated statements of income, shareholders' equity, and cash flows for
each of the years in the three-year period ended December 31, 1995, and the
related supplemental financial statement schedule, which report appears in the
Form 8-K filed by Avant! Corporation on November 27, 1996. We also consent to
incorporation by reference in the registration statement on Form S-8 of Avant!
Corporation of our report dated January 18, 1996, relating to the consolidated
balance sheets of Avant! Corporation and subsidiaries as of December 31, 1995,
and 1994, and the related consolidated statements of income, shareholders'
equity, and cash flows for each of the years in the three-year period ended
December 31, 1995, and the related schedule, which reports appear or are
incorporated by reference in the December 31, 1995 Annual Report on Form 10-K
of Avant! Corporation.


San Jose, California
November 27, 1996 

                                         /s/ KPMG Peat Marwick LLP
                                         KPMG Peat Marwick LLP


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission