As filed with the
Securities and Exchange Commission on November 1, 2004
Registration Statement No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM S-8
REGISTRATION
STATEMENT UNDER
THE SECURITIES ACT OF 1933
TREDEGAR CORPORATION
(Exact name of Registrant as specified in its Charter)
Virginia (State or other jurisdiction of incorporation or organization) |
54-1497771 (I.R.S. Employer Identification Number) |
1100 Boulders Parkway
Richmond, Virginia 23225
(Address of principal executive offices, including zip code)
TREDEGAR CORPORATION
RETIREMENT SAVINGS PLAN
(Full title of the Plan)
W. Hildebrandt
Surgner, Jr., Esq.
Vice President, General Counsel and Secretary
Tredegar
Corporation
1100 Boulders Parkway
Richmond, Virginia 23225
804-330-1000
(Name,
address and telephone number, including area code, of agents for service)
With copy to:
C. Porter Vaughan, III,
Esq.
Hunton & Williams LLP
Riverfront Plaza, East Tower
951 East Byrd Street
Richmond, Virginia 23219-4074
804-788-8200
CALCULATION OF REGISTRATION FEE | ||||||||
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Title of securities to be registered |
Amount to be registered(1) |
Proposed maximum offering price per share(2) |
Proposed maximum aggregate offering price(2) |
Amount of registration fee(2)(3) |
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|
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Common Stock,
no par value per share (including the associated Preferred Stock Purchase Rights) |
1,500,000 shares | $16.68 | $25,020,000 | $3,170.03 | ||||
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(1) Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended, the number of shares of Common Stock registered hereunder includes such indeterminate number of additional shares of Common Stock as may be offered or issued in the future to prevent dilution resulting from stock splits, stock dividends or similar transactions.
(2) Estimated solely for the purpose of computing the registration fee. This amount was calculated pursuant to Rule 457(h) under the Securities Act of 1933 on the basis of $16.68 per share, which was the average of the high and low prices of the Common Stock on the New York Stock Exchange on October 28, 2004.
(3) This Registration Statement also relates to the rights to purchase shares of Series A Participating Cumulative Preferred Stock of the Registrant which are attached to all shares of Common Stock issued pursuant to terms of the Registrants Rights Agreement, dated as of June 30, 1999, as amended. Until the occurrence of certain prescribed events, the rights are not exercisable, are evidenced only by the certificates for the Common Stock and will be transferred with and only with the Common Stock. Because no separate consideration is paid for the rights, the registration fee therefor is included in the fee for the Common Stock.
In addition, pursuant to Rule 416(c) promulgated under the Securities Act of 1933, as amended, this Registration Statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan described herein.
Tredegar Corporation is hereby registering 1,500,000 additional shares of its common stock (including the related Preferred Share Purchase Rights), no par value, for issuance under the Tredegar Corporation Retirement Savings Plan. Two registration statements on Form S-8 (Registration No. 33-64647 and Registration No. 333-66562), as filed with the Securities and Exchange Commission on November 30, 1995 and July 31, 2001, respectively, relating to the same class of securities and the same employee benefit plan are currently effective and, in accordance with General Instruction E to Form S-8, the contents of each of those registration statements are incorporated herein by reference.
Item 1. | Plan Information. |
Not required to be filed with the Securities and Exchange Commission (the Commission). |
Item 2. | Registrant Information and Employee Plan Annual Information. |
Not required to be filed with the Commission. |
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Item 3. | Incorporation of Documents by Reference. |
The following documents filed by Tredegar Corporation (the Company) with the Commission (file No. 1-10258) are incorporated herein by reference and made a part hereof: (i) the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2003; (ii) the Companys Quarterly Reports on Form 10-Q for the quarters ended March 31, 2004 and June 30, 2004; (iii) the Annual Report on Form 11-K of the Tredegar Corporation Retirement Savings Plan (the Plan) for the year ended December 31, 2003; (iv) the Companys Form 10, as amended, dated May 17, 1989, containing a description of the Companys Common Stock (the Common Stock), and (v) the description of the Preferred Stock Purchase Rights, contained in the Registration Statement on Form 8-A, filed with the Commission on June 16, 1999, as amended.
All documents filed by the Company and the Plan pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended (the Exchange Act), after the date of the Prospectus and prior to the filing of a post-effective amendment that indicates that all securities offered have been sold or that deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in the Prospectus and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated by reference herein shall be deemed to be modified or superseded for purposes of the Prospectus to the extent that a statement contained herein or in any other subsequently filed document that is incorporated by reference herein modifies or supersedes such earlier statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of the Prospectus.
Item 4. | Description of Securities. |
Not applicable. |
Item 5. | Interests of Named Experts and Counsel. |
Not applicable. |
Item 6. | Indemnification of Directors and Officers. |
The Virginia Stock Corporation Act permits, and the Companys Amended and Restated Articles of Incorporation, as amended (the Articles), require, indemnification of the Companys officers and directors in a variety of circumstances which may include liabilities under the Securities Act of 1933, as amended (the Securities Act). Under Sections 13.1-697 and 13.1-702 of the Virginia Stock Corporation Act, a Virginia corporation is generally authorized to indemnify its directors or officers in civil or criminal actions if they acted in good faith and, in the case of criminal actions, had no reasonable cause to believe that the conduct was unlawful. The Companys Articles require indemnification of any person with respect to certain liabilities incurred in connection with any proceeding to which that person is made a party by reason of (i) his or her service to the Company as a director or officer or (ii) his or her service as a director, officer, trustee or partner to some other enterprise at the request of the Company, except in the case of willful misconduct or knowing violation of criminal law. In addition, the Company carries insurance on behalf of directors and officers that may cover liabilities under the Securities Act. As permitted by the Virginia Stock Corporation Act, the Companys Articles provide that in any proceeding brought by a shareholder of the Company in the right of the Company or brought by or on behalf of shareholders of the Company, no director or officer of the Company shall be liable to the Company or its shareholders for monetary damages with respect to any transaction, occurrence or course of conduct, whether prior or subsequent to the effective date of such Articles, except for liability resulting from such person having engaged in willful misconduct or knowing violation of the criminal law or any federal or state securities law. Section 13.1-692.1 of the Virginia Stock Corporation Act presently permits the elimination of liability of directors and officers in any proceeding brought by or on behalf of shareholders of the Company, except for liability resulting from a persons having engaged in willful misconduct or knowing violation of the criminal law or any federal or state securities law, including, without limitation, any unlawful insider trading or manipulation of the market for any security. Sections 13.1-692.1 and 13.1-696 to -704 of the Virginia Stock Corporation Act are hereby incorporated by reference herein.
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Item 7. | Exemption from Registration Claimed. |
Not applicable. |
Item 8. | Exhibits. |
Exhibit No.
3.1 | Amended and Restated Articles of Incorporation of Tredegar Corporation (incorporated herein by reference to Exhibit 3.1 to Tredegar Corporations Quarterly Report on Form 10-Q for the quarter ended June 30, 1989 (No. 1-10258)). |
3.2 | Amended By-laws of Tredegar Corporation effective April 24, 2003 (incorporated herein by reference to Exhibit 3 to Tredegar Corporations Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2003 (No. 1-10258)). |
3.3 | Articles of Amendment (filed as Exhibit 3.3 to Tredegar Corporations Annual Report on Form 10-K for the year ended December 31, 1999, and incorporated herein by reference). |
4.1 | Form of Common Stock Certificate (filed as Exhibit 4.3 to Tredegar Corporations Annual Report on Form 10-K for the year ended December 31, 1989, and incorporated herein by reference). |
4.2 | Rights Agreement, dated as of June 30, 1999, by and between Tredegar and American Stock Transfer & Trust Company, as Rights Agent (filed as Exhibit 99.1 to Tredegar Corporations Registration Statement on Form 8-A, filed June 16, 1999, as amended, and incorporated herein by reference). |
4.2.1 | Amendment and Substitution Agreement (Rights Agreement) dated as of December 11, 2002, by and among Tredegar Corporation, American Stock Transfer and Trust Company and National City Bank (filed as Exhibit 4.2.1 to Tredegar Corporations Annual Report on Form 10-K for the year ended December 31, 2002, and incorporated herein by reference). |
4.4 | Credit Agreement, dated as of October 17, 2003, by and among Tredegar Corporation, as borrower, its domestic subsidiaries, as guarantors, and the lenders (Wachovia Bank National Association, as administrative agent, SunTrust Bank, as syndication agent, and Bank of America, N.A., as documentation agent) (filed as Exhibit 4 to Tredegar Corporations Quarterly Report on Form 10-Q for the quarter ended September 30, 2003, and incorporated herein by reference). |
23 | Consent of Witt, Mares &Company, PLC (filed herewith). |
24 | Powers of Attorney (included on signature page). |
Tredegar Corporation undertakes that it has submitted the Plan, and will submit any amendments thereto, to the Internal Revenue Service (the IRS) in a timely manner and will, to the extent Tredegar Corporation believes it necessary or appropriate, make all changes required by the IRS in order to qualify the Plan under Section 401(a) of the Internal Revenue Code.
Item 9. | Undertakings |
(a) | The undersigned registrant hereby undertakes: |
1. To file, during any period in which offers or sales are made, a post-effective amendment to this registration statement;
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(i) | To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933; |
(ii) | 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 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 20 percent change in the maximum aggregate offering price set forth in the Calculation of Registration Fee table in the effective registration statement; |
(iii) | To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change in such information in the registration statement; |
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic 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.
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 secur-ities 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 15(d) of the 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 of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the provisions described under Item 6 above, 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.
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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 County of Chesterfield, Commonwealth of Virginia, on this 28th day of October, 2004.
TREDEGAR CORPORATION By: /s/ N.A. Scher Norman A. Scher President |
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 indicated on this 28th day of October, 2004. Each person whose signature appears below hereby authorizes the agent for service named in the registration statement to execute in the name of each such person, and to file, any amendment, including any post-effective amendment, to the registration statement making such changes in the registration statement as the registrant deems appropriate, and appoints such agent for service as attorney-in-fact to sign on his behalf individually and in each capacity stated below and file all amendments and post-effective amendments to the registration statement.
Signature
|
Title
|
|
---|---|---|
By:
/s/ John D. Gottwald |
Chairman of the Board of Directors | |
John D. Gottwald | ||
By: /s/
N.A. Scher |
President
and Director (Principal Executive Officer) |
|
Norman A. Scher | ||
By:
/s/ D. Andrew Edwards |
Vice
President, Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) |
|
D. Andrew Edwards | ||
By: /s/
Austin Brockenbrough, III |
Director | |
Austin Brockenbrough, III | ||
By: /s/
Phyllis Cothran |
Director | |
Phyllis Cothran | ||
By: /s/
Donald T. Cowles |
Director | |
Donald T. Cowles | ||
By: /s/
Richard W. Goodrum |
Director | |
Richard W. Goodrum | ||
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By: /s/
Floyd D. Gottwald, Jr. |
Director | |
Floyd D. Gottwald, Jr. | ||
By: /s/
William M. Gottwald |
Director | |
William M. Gottwald | ||
By: /s/
Richard L. Morrill |
Director | |
Richard L. Morrill | ||
By: /s/
Thomas G. Slater, Jr. |
Director | |
Thomas G. Slater, Jr | ||
By: /s/
R. Gregory Williams |
Director | |
R. Gregory Williams |
Plan. Pursuant to the requirements of the Securities Act of 1933, as amended, the Plan has duly caused this Registration Statement to be signed on its behalf by the undersigned, a member of the Committee for the administration of the Plan, thereunto duly authorized, in the County of Chesterfield, Commonwealth of Virginia, on this 28th day of October, 2004.
TREDEGAR
CORPORATION RETIREMENT SAVINGS PLAN By: /s/ W. Hildebrandt Surgner, Jr. W. Hildebrandt Surgner, Jr. Member of the Committee Responsible for the Administration of the Plan |
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3.1 | Amended and Restated Articles of Incorporation of Tredegar Corporation (incorporated herein by reference to Exhibit 3.1 to Tredegar Corporations Quarterly Report on Form 10-Q for the quarter ended June 30, 1989 (No. 1-10258)). |
3.2 | Amended By-laws of Tredegar Corporation effective April 24, 2003 (incorporated herein by reference to Exhibit 3 to Tredegar Corporations Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2003 (No. 1-10258)). |
3.3 | Articles of Amendment (filed as Exhibit 3.3 to Tredegar Corporations Annual Report on Form 10-K for the year ended December 31, 1999, and incorporated herein by reference). |
4.1 | Form of Common Stock Certificate (filed as Exhibit 4.3 to Tredegar Corporations Annual Report on Form 10-K for the year ended December 31, 1989, and incorporated herein by reference). |
4.2 | Rights Agreement, dated as of June 30, 1999, by and between Tredegar and American Stock Transfer & Trust Company, as Rights Agent (filed as Exhibit 99.1 to Tredegar Corporations Registration Statement on Form 8-A, filed June 16, 1999, as amended, and incorporated herein by reference). |
4.2.1 | Amendment and Substitution Agreement (Rights Agreement) dated as of December 11, 2002, by and among Tredegar Corporation, American Stock Transfer and Trust Company and National City Bank (filed as Exhibit 4.2.1 to Tredegar Corporations Annual Report on Form 10-K for the year ended December 31, 2002, and incorporated herein by reference). |
4.4 | Credit Agreement, dated as of October 17, 2003, by and among Tredegar Corporation, as borrower, its domestic subsidiaries, as guarantors, and the lenders (Wachovia Bank National Association, as administrative agent, SunTrust Bank, as syndication agent, and Bank of America, N.A., as documentation agent) (filed as Exhibit 4 to Tredegar Corporations Quarterly Report on Form 10-Q for the quarter ended September 30, 2003, and incorporated herein by reference). |
23 | Consent of Witt, Mares & Company, PLC (filed herewith). |
24 | Powers of Attorney (included on signature page). |
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Exhibit 23
We consent to the incorporation by
reference in the Registration Statement of Tredegar Corporation on Form
S-8 (File Number
33-64647) of our report dated June 8, 2004, appearing in this Annual Report on Form 11-K
of the Tredegar Corporation Retirement Savings Plan for the year ended December 31, 2003.
/s/ Witt, Mares & Company, PLC
Richmond, Virginia
October
28, 2004