sv8
As filed with the Securities and Exchange Commission on August 21, 2009
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
FAUQUIER BANKSHARES, INC.
(Exact name of registrant as specified in its charter)
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Virginia
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54-1288193 |
(State or other jurisdiction of
incorporation or organization)
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(I.R.S. Employer
Identification No.) |
10 Courthouse Square
Warrenton, Virginia 20186
(540) 347-2700
(Address, including zip code, and telephone number, including area
code, of registrants principal executive offices)
Fauquier Bankshares, Inc. Stock Incentive Plan
(Full title of plan)
Eric P. Graap
Executive Vice President and Chief Financial Officer
Fauquier Bankshares, Inc.
10 Courthouse Square
Warrenton, Virginia 20186
(540) 347-2700
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copy to:
Scott H. Richter, Esq.
LeClairRyan, A Professional Corporation
Riverfront Plaza, East Tower
951 East Byrd Street
Richmond, Virginia 23219
(804) 783-2003
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated
filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large
accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act.
Large accelerated filer o |
Accelerated filer þ |
Non-accelerated filer o (Do not check if a smaller reporting company) |
Smaller reporting company o |
CALCULATION OF REGISTRATION FEE
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Proposed maximum |
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Title of each class of securities |
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Amount to be |
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Proposed maximum |
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aggregate offering |
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Amount of |
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to be registered |
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registered (1) |
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offering price per share (2) |
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price (2) |
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registration fee |
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Common Stock, $3.13 par value |
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350,000 shares |
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$ |
14.81 |
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$ |
5,183,500 |
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$ |
289.24 |
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(1) |
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This Registration Statement also covers such additional and indeterminate number of shares of
common stock of the Registrant as may be issuable as a result of a stock dividend, stock
split, split-up, recapitalization or similar event. |
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(2) |
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Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457
under the Securities Act of 1933, as amended, based on the average of the high and low prices
of the Registrants common stock on August 17, 2009, as quoted on the Nasdaq Global Select
Market. |
TABLE OF CONTENTS
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in Part I will be sent or given to
participants as specified by Rule 428 under the Securities Act of 1933, as amended (the Securities
Act). Such documents are not being filed with the Securities and Exchange Commission (the
Commission) either as part of this Registration Statement or as prospectuses or prospectus
supplements pursuant to Rule 424 under the Securities Act. Such documents and the documents
incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this
Form, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the
Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents, which have been filed with the Commission pursuant to the Securities
Exchange Act of 1934, as amended (the Exchange Act), are hereby incorporated by reference in, and
shall be deemed to be a part of, this Registration Statement:
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(a) |
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The Annual Report on Form 10-K for the year ended December 31, 2008 of
Fauquier Bankshares, Inc. (the Company). |
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(b) |
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The Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 of the
Company. |
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(c) |
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All other reports filed by the Company pursuant to Section 13(a) or 15(d) of
the Exchange Act since the end of the fiscal year covered by the Annual Report
referred to in (a) above. |
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(d) |
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The description of the Companys common stock contained in its Registration
Statement on Form 10, filed with the Commission on April 16, 1999, including any
amendment or report filed with the Commission for the purpose of updating such
description. |
All documents subsequently filed by the Company 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 deregisters all securities then remaining unsold,
shall be deemed to be incorporated herein by reference and shall be deemed a part hereof from the
date of filing of such documents. Any statement contained in a document incorporated or deemed to
be incorporated by reference herein and to be a part hereof shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a statement contained
herein or in any other subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement.
Item 4. Description of Securities.
Not applicable.
II-1
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
The laws of the Commonwealth of Virginia pursuant to which Fauquier Bankshares, Inc. is
incorporated permit it to indemnify its officers and directors against certain liabilities with the
approval of its shareholders. The articles of incorporation of the Company, which have been
approved by its shareholders, provide for the indemnification of each director and officer
(including former directors and officers and each person who may have served at the request of the
Company as a director or officer of any other legal entity and, in all such cases, his or her
heirs, executors and administrators) against liabilities (including expenses) reasonably incurred
by him or her in connection with any actual or threatened action, suit or proceeding to which he or
she may be made party by reason of his or her being or having been a director or officer of the
Company, except in relation to any action, suit or proceeding in which he or she has been adjudged
liable because of willful misconduct or a knowing violation of the criminal law.
The Company has purchased officers and directors liability insurance policies. Within the
limits of their coverage, the policies insure (1) the directors and officers of the Company against
certain losses resulting from claims against them in their capacities as directors and officers to
the extent that such losses are not indemnified by the Company and (2) the Company to the extent
that it indemnifies such directors and officers for losses as permitted under the laws of Virginia.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
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Exhibit Number |
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Description of the Exhibit |
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5.0
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Opinion of LeClairRyan, A Professional Corporation. |
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23.1
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Consent of Smith Elliott Kearns & Company, LLC. |
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23.2
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Consent of LeClairRyan (included in Exhibit 5.0). |
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24.0
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Power of Attorney (included on signature page). |
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99.0
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Fauquier Bankshares, Inc. Stock Incentive Plan. |
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:
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(i) |
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To include any prospectus required by section 10(a)(3) of the Securities Act of
1933; |
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(ii) |
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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 |
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information 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; and |
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(iii) |
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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; |
Provided, however, That:
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Paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) of this
section do not apply if the registration statement is on Form S-3 or Form F-3
and the information required to be included in a post-effective amendment by
those paragraphs is contained in reports filed with or furnished to the
Commission by the registrant pursuant to section 13 or section 15(d) of the
Securities Exchange Act of 1934 that are incorporated by reference in the
registration statement, or is contained in a form of prospectus filed pursuant
to Rule 424(b) that is part of the registration statement. |
(2) That, for the purpose of determining any liability under the Securities Act of 1933, 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 of 1933, each filing of the registrants annual report pursuant to section
13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee benefit plans annual report pursuant to Section 15(d) of the Securities Exchange
Act of 1934) 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 applicable law, the
registrants Articles of Incorporation, as it may be amended from time to time, the registrants
Bylaws or the registrants indemnification agreements, 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 a successful
defense of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered hereunder, 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 of 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.
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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 Town of Warrenton, Commonwealth of Virginia, on August 21, 2009.
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FAUQUIER BANKSHARES, INC.
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By: |
/s/ Randy K. Ferrell
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Randy K. Ferrell |
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President and Chief Executive Officer |
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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. Each person
whose signature appears below constitutes and appoints Randy K. Ferrell and Eric P. Graap, and each
of them singly, as his true and lawful attorneys-in-fact and agents, with full power of
substitution, for him and in his name, place and stead, in any and all capacities, to sign any and
all amendments or post-effective amendments to this registration statement, hereby ratifying and
confirming such persons signature as it may be signed by said attorneys to any and all amendments.
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Signature |
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Date |
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/s/ Randy K. Ferrell
Randy K. Ferrell
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President, Chief
Executive Officer and
Director (principal
executive officer)
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August 21, 2009 |
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/s/ Eric P. Graap
Eric P. Graap
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Executive Vice President,
Chief Financial Officer
and Director
(principal financial and
accounting officer)
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August 21, 2009 |
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/s/ C. H. Lawrence, Jr.
C. H. Lawrence, Jr.
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Chairman of the Board
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August 21, 2009 |
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/s/ John B. Adams, Jr.
John B. Adams, Jr.
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Vice Chairman of the Board
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August 21, 2009 |
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/s/ Randolph D. Frostick
Randolph D. Frostick
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Director
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August 21, 2009 |
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/s/ Douglas C. Larson
Douglas C. Larson
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Director
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August 21, 2009 |
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Signature |
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/s/ Jay B. Keyser
Jay B. Keyser
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Director
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August 21, 2009 |
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/s/ Randolph T. Minter
Randolph T. Minter
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Director
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August 21, 2009 |
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/s/ Brian S. Montgomery
Brian S. Montgomery
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Director
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August 21, 2009 |
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/s/ John J. Norman, Jr.
John J. Norman, Jr.
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Director
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August 21, 2009 |
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/s/ P. Kurt Rodgers
P. Kurt Rodgers
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Director
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August 21, 2009 |
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/s/ Sterling T. Strange III
Sterling T. Strange III
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Director
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August 21, 2009 |
II-5
EXHIBIT INDEX
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Exhibit Number |
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Description of the Exhibit |
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5.0
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Opinion of LeClairRyan, A Professional Corporation. |
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23.1
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Consent of Smith Elliott Kearns & Company, LLC. |
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23.2
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Consent of LeClairRyan (included in Exhibit 5.0). |
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24.0
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Power of Attorney (included on signature page). |
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99.0
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Fauquier Bankshares, Inc. Stock Incentive Plan. |