sv8
As filed with the Securities and Exchange Commission on October 27, 2006
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
FIDELITY NATIONAL TITLE GROUP, INC.
(Exact Name of Registrant as Specified in Its Charter)
|
|
|
Delaware
(State or Other Jurisdiction of Incorporation or
Organization)
|
|
16-1725106
(I.R.S. Employer Identification No.) |
|
|
|
601 Riverside Avenue
Jacksonville, Florida
(Address of Principal Executive Offices)
|
|
32204
(Zip Code) |
Fidelity National Title Group, Inc. 2005 Omnibus Incentive Plan
(Full Title of the Plan)
Peter T. Sadowski, Esq.
Executive Vice President and General Counsel
601 Riverside Avenue
Jacksonville, Florida 32204
(Name and Address of Agent For Service)
(904) 854-8100
(Telephone Number, Including Area Code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proposed Maximum |
|
|
Proposed Maximum |
|
|
Amount Of |
|
|
Title Of Securities |
|
|
Amount To Be |
|
|
Offering Price |
|
|
Aggregate |
|
|
Registration |
|
|
To Be Registered |
|
|
Registered (1) |
|
|
Per Share (2) |
|
|
Offering Price (2) |
|
|
Fee |
|
|
Common Stock, par
value $0.0001 per
share |
|
|
|
$ 15,500,000 |
|
|
|
|
$22.40 |
|
|
|
|
$ 347,122,500 |
|
|
|
|
$ 37,142 |
|
|
|
(1) |
|
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the Securities Act),
this Registration Statement also covers an indeterminate number of shares that may be subject
to issuance as a result of anti-dilution and other provisions of the Fidelity National title
Group, Inc. 2005 Omnibus Incentive Plan to prevent dilution resulting from stock splits, stock
dividends or similar transactions. |
(2) |
|
Estimated pursuant to Rule 457(h) under the Securities Act solely for the purpose of
calculating the registration fee, the proposed maximum offering price per share is based on
the average of the high and low sale prices for the shares of common stock as reported in the
consolidated reporting system on October 26, 2006. |
TABLE OF CONTENTS
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The following documents filed by the Registrant with the SEC are incorporated into this
Registration Statement by reference:
|
1. |
|
The Registrants Current Report on Form 10-K for the fiscal year ended December
31, 2005; |
|
|
2. |
|
The Registrants Current Report on Forms 10-Q for the quarters ended March 31,
2006 and June 30, 2006; |
|
|
3. |
|
The Registrants Current Reports on Form 8-K filed January 9, 2006, January 24,
2006, April 25, 2006, June 14, 2006, June 29, 2006,
July 6, 2006, July 26, and September 22, 2006. |
|
|
4. |
|
The description of the Registrants Common Stock, par value $0.0001 per share,
contained in the Registrants Registration Statement on
Form 8-A filed with the SEC on
September 27, 2005, including any amendment or report filed for the purpose of updating
such description. |
All documents subsequently filed by the Registrant with the SEC pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the Exchange Act), prior
to the filing of a post-effective amendment to this Registration Statement 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 with the SEC.
Any statement contained in a document incorporated by reference herein shall be deemed to be
modified or superseded for purposes hereof to the extent that a statement contained herein (or in
any subsequently filed document which also is incorporated by reference herein or any document
which constitutes part of the prospectus relating to the Plan meeting the requirements of Section
10(a) of the Securities Act) modifies or supersedes such statement. Any statement so modified or
superseded shall not be deemed, except as so modified or superseded, to constitute a part hereof.
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 (the DGCL) provides that a corporation
has the power to indemnify a director, officer, employee or agent of the corporation and certain
other persons serving at the request of the corporation in related capacities against amounts paid
and expenses incurred in connection with an action or proceeding to which he is or is threatened to
be made a party by reason of such position, if such person shall have acted in good faith and in a
manner he reasonably believed to be in or not opposed to the best interests of the corporation,
and, in any criminal proceeding, if such person had no reasonable cause to believe his conduct was
unlawful; provided that, in the case of actions brought by or in the right of the corporation, no
indemnification shall be made with respect to any matter as to which such person shall have been
adjudged to be liable to the corporation
2
unless and only to the extent that the adjudicating court determines that such indemnification
is proper under the circumstances.
Section 102(b)(7) of the Delaware General Corporation Law permits a corporation to provide in
its certificate of incorporation that a director of the corporation shall not be personally liable
to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a
director, except for liability (i) for any breach of the directors duty of loyalty to the
corporation or its stockholders, (ii) for acts or omissions not in good faith or which involve
intentional misconduct or a knowing violation of law, (iii) for unlawful payments of dividends or
unlawful stock repurchases, redemptions or other distributions, or (iv) for any transactions from
which the director derived an improper personal benefit. The Registrants certificate of
incorporation provides for such limitation of liability.
Article XII of the Registrants Amended and Restated Certificate of Incorporation (the
Certificate) provides that to the fullest extent permitted by the DGCL, a director of the
corporation shall not be personally liable to the corporation or its stockholders for monetary
damages for breach of fiduciary duty as a director.
ARTICLE VIII, Section 8.1 of the Registrants Restated Bylaws (the Restated Bylaws) provides
that, subject to board approval, the corporation shall indemnify any person made, or threatened to
be made, a party to an action or proceeding, whether criminal, civil, administrative or
investigative, by reason of the fact that such person or such persons testator or intestate is or
was a director or officer of the corporation or any predecessor of the corporation, or served any
other enterprise as a director or officer at the request of the corporation or any predecessor of
the corporation. The rights of indemnification under the Restated Bylaws are not exclusive of any
other rights to which any director or officer of the corporation may be entitled apart from the
provisions of Article VIII.
The general effect of the foregoing provisions may be to reduce the circumstances in which an
officer or director of the Registrant may be required to bear the economic burden of the foregoing
liabilities and expenses.
In addition to the indemnification provided for in the Registrants Certificate and Restated
Bylaws, the Registrant has purchased directors and officers liability insurance which would
insure the Registrants directors and officers against certain liabilities which might be incurred
in connection with the performance of their duties.
Item 7. Exemption From Registration Claimed
Not Applicable.
Item 8. Exhibits
The following exhibits are filed herewith or incorporated by reference as part of this
Registration Statement:
|
|
|
Exhibit |
|
|
Number |
|
Description |
4.1
|
|
Amended and Restated Certificate of Incorporation of the Registrant (incorporated
by reference to Exhibit 3.1 to the Registrants Form 8-K, filed with the SEC on
October 19, 2005). |
|
|
|
4.2
|
|
Restated Bylaws of the Registrant (incorporated by reference to Exhibit 3.2 to
Amendment No. 1 to the Registrants Current Report of Form 10-Q for the quarter
ended September 30, 2005, Registration No. 1-32630, filed with the SEC on November
10, 2005). |
|
|
|
5.1
|
|
Opinion of LeBoeuf, Lamb, Greene & MacRae LLP. |
|
|
|
23.1
|
|
Consent of Counsel (included in Exhibit 5.1). |
|
|
|
23.2
|
|
Consent of KPMG LLP, Independent Registered Public Accounting Firm. |
|
|
|
24.1
|
|
Power of Attorney (included on the signature pages of this Registration Statement). |
3
Item 9. Undertakings.
(a) |
|
The undersigned Registrant hereby undertakes: |
|
(1) |
|
To file, during any period in which offers or sales are being made, a posteffective
amendment to this Registration Statement: |
|
(i) |
|
to include any prospectus required by Section 10(a)(3) of the Securities Act of 1933; |
|
|
(ii) |
|
to reflect in the prospectus any factors 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 to such
information in the Registration Statement; |
Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if
the registration statement is on Form S-8, 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 SEC by the registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the registration statement.
|
(2) |
|
That, for the purpose of determining any liability under the Securities Act, each such
posteffective 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 posteffective 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, each filing of the Registrants annual report pursuant to Section
13(a) or Section 15(d) of the Exchange Act 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 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 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. |
4
SIGNATURES
The Registrant. Pursuant to the requirements of the Securities Act, 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 Jacksonville, State of Florida, on
October 27, 2006.
|
|
|
|
|
|
FIDELITY NATIONAL TITLE GROUP, INC.
|
|
|
|
/s/
Anthony J. Park |
|
|
|
Anthony J. Park |
|
|
|
Chief Financial Officer |
|
|
Power of Attorney and Signatures
We, the undersigned directors and officers of Fidelity National Title Group, Inc. (the
Company), hereby severally appoint Raymond R. Quirk and Anthony J. Park, and each of them
individually, with full powers of substitution and resubstitution, our true and lawful attorneys,
with full powers to them and each of them to sign for us, in our names and in the capacities
indicated below, any and all amendments to such Registration Statement (including post-effective
amendments), and to file the same, with all exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto such attorneys, and each of
them, full power and authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and purposes as each of them
might or could do in person, and hereby ratifying and confirming all that such attorneys, and each
of them, or their substitute or substitutes, shall do or cause to be done by virtue of this Power
of Attorney.
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 date indicated.
|
|
|
|
|
Signature |
|
Title |
|
Date |
/s/William P. Foley, II
William P. Foley |
|
Chairman and Chief Executive Officer
(Principal Executive Officer)
|
|
October 27, 2006 |
|
|
|
|
|
/s/ Anthony J. Park
Anthony J. Park |
|
Chief Financial Officer
(Principal Financial and
Accounting Officer)
|
|
October 27, 2006 |
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Douglas K. Ammerman |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Willie D. Davis |
|
|
|
|
5
|
|
|
|
|
Signature |
|
Title |
|
Date |
|
|
Director
|
|
October 27, 2006 |
John F. Farrell, Jr. |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Thomas
M. Hagerty |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Philip G. Heasley |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
|
Daniel
D. (Ron) Lane |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
|
General William Lyon |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Richard
N. Massey |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Peter O. Shea, Jr. |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Cary H. Thompson |
|
|
|
|
|
|
|
|
|
|
|
Director
|
|
October 27, 2006 |
Frank P. Willey |
|
|
|
|
6
EXHIBIT INDEX
|
|
|
Exhibit |
|
|
Number |
|
Description |
4.1
|
|
Amended and Restated Certificate of Incorporation of the Registrant (incorporated
by reference to Exhibit 3.1 to the Registrants Form 8-K, filed with the SEC on
October 19, 2005). |
|
|
|
4.2
|
|
Restated Bylaws of the Registrant (incorporated by reference to Exhibit 3.2 to
Amendment No. 1 to the Registrants Form S-1, Registration No. 333-126402, filed
with the SEC on August 18, 2005). |
|
|
|
5.1
|
|
Opinion of LeBoeuf, Lamb, Greene & MacRae LLP. |
|
|
|
23.1
|
|
Consent of Counsel (included in Exhibit 5.1). |
|
|
|
23.2
|
|
Consent of KPMG LLP, Independent Registered Public Accounting Firm. |
|
|
|
24.1
|
|
Power of Attorney (included on the signature pages of this Registration Statement). |
7
exv5w1
EXHIBIT 5.1
October 27, 2006
Fidelity National Title Group, Inc.
601 Riverside Avenue
Jacksonville, Florida 32204
|
|
|
Re:
|
|
Fidelity National Title Group, Inc. Registration Statement on Form S-8 |
Ladies and Gentlemen:
We have acted as special counsel to Fidelity National Title Group, Inc., a Delaware
corporation (the Company), in connection with the preparation and filing with the Securities and
Exchange Commission (the Commission) under the Securities Act of 1933, as amended (the
Securities Act), of a Registration Statement on Form S-8 (the Registration Statement)
pertaining to the registration of a proposed issuance of up to an aggregate of 15,500,000 shares
(the Shares) of the Companys Class A common stock, par value $0.0001 per share (the Class A
Common Stock), pursuant to the Companys 2005 Omnibus Incentive Plan (the Plan).
This opinion is delivered in accordance with the requirements of Item 601(b)(5) of Regulation
S-K under the Securities Act.
In connection with the opinion expressed below, we have examined (i) the Certificate of
Incorporation and the Bylaws of the Company, in each case as amended to the date hereof, (ii)
certain resolutions of the Board of Directors of the Company, and (iii) the Plan. In addition, we
have examined originals (or copies certified or otherwise identified to our satisfaction) of such
other agreements, instruments, certificates, documents and records, and we have made such
investigations of law, as we have deemed necessary or appropriate as a basis for the opinion
expressed below.
In such examination, we have assumed, without inquiry, the legal capacity of all natural
persons, the genuineness of all signatures on all documents examined by us, the authenticity of all
documents submitted to us as originals, the conformity to the original documents of all documents
submitted to us as copies and the authenticity of the originals of such latter documents. As to
any facts material to our opinions, we have, when the relevant facts were not independently
established, relied upon the aforesaid agreements, instruments, certificates, documents and records
and upon statements, representations, certificates and covenants of
Fidelity National Title Group, Inc.
October 27, 2006
Page 2 of 2
officers and representatives of the Company and of public officials. We have assumed that
such statements, representations, certificates and covenants are and will continue to be true and
complete without regard to any qualification as to knowledge or belief.
Based upon and subject to the foregoing, and subject to the further qualifications,
assumptions and limitations stated below, we are of the opinion that when the shares of Class A
Common Stock have been issued, duly delivered and sold and consideration has been received therefor
by the Company in accordance with the terms of the Plan, the shares will be validly issued, fully
paid and non-assessable.
The opinion expressed herein is limited to the General Corporation Law of the State of
Delaware, the applicable provisions of the Delaware Constitution and the reported judicial
decisions interpreting those laws.
We hereby consent to the filing of this letter as an exhibit to the Registration Statement. In
giving our consent, we do not thereby concede that we come within the category of persons whose
consent is required by the Securities Act or the General Rules and Regulations promulgated
thereunder.
This opinion is limited to the specific issues addressed herein, and no opinion may be
inferred or implied beyond that expressly stated herein.
Very truly yours,
/s/ LeBoeuf, Lamb, Greene & MacRae LLP
exv23w2
Exhibit 23.2
Consent of Independent Registered Public Accounting Firm
The Board of Directors
Fidelity National Title Group, Inc.:
We consent to the use of our reports dated March 13, 2006, with respect to the Consolidated and
Combined Balance Sheets of Fidelity National Title Group, Inc. and subsidiaries as of December 31,
2005 and 2004, and the related Consolidated and Combined Statements of Earnings, Comprehensive
Earnings, Stockholders Equity and Cash Flows for each of the years in the three-year period ended
December 31, 2005, and the related financial statement schedule, incorporated by reference in this
registration statement.
/s/ KPMG LLP
October 27, 2006
Jacksonville, Florida
Certified Public Accountants