S-8

As filed with the Securities and Exchange Commission on November 3, 2022

Registration No. 333-                

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

SYNAPTICS INCORPORATED

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   77-0118518

(State or other jurisdiction of

incorporation or organization)

 

(IRS Employer

Identification No.)

1109 McKay Drive

San Jose, California 95131

(Address of Principal Executive Offices) (Zip Code)

AMENDED AND RESTATED 2019 EQUITY AND INCENTIVE

COMPENSATION PLAN

(Full title of the plan)

Dean Butler

Senior Vice President and Chief Financial Officer

1109 McKay Drive

San Jose, California 95131

(Name and address of agent for service)

(408) 904-1100

(Telephone number, including area code, of agent for service)

 

 

Copies to:

 

John McFarland

Senior Vice President, General Counsel and Secretary

Synaptics Incorporated

1109 McKay Drive

San Jose, California 95131

Tel: (408) 904-1100

Fax: (408) 904-1110

 

Micheal J. Reagan, Esq.

W. Stuart Ogg, Esq.

Goodwin Procter LLP

601 Marshall Street

Redwood City, CA 94063

Tel: (650) 739-3939

Fax: (650) 739-3900

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer      Accelerated filer  
Non-accelerated filer      Smaller reporting company  
     Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

 

 

 


EXPLANATORY NOTE

Synaptics Incorporated, a Delaware corporation (the “Registrant”) is filing this Registration Statement to register an additional 698,000 shares of its common stock, par value $0.001 per share (“Common Stock”), for issuance under the Registrant’s Amended and Restated 2019 Equity and Incentive Compensation Plan (the “2019 Plan”). The 2019 Plan was amended by the Registrant’s Board of Directors on July 26, 2022 to increase the number of shares of Common Stock authorized for issuance thereunder by 698,000 shares, and such amendment was approved by the Registrant’s stockholders on October 25, 2022.

This Registration Statement is being filed for the purpose of increasing the number of securities of the same class as other securities for which a Registration Statement on Form S-8 relating to the same benefit plan is effective pursuant to the amendment to the 2019 Plan described above and the issuance of the substitute restricted stock unit awards. The Registrant previously registered shares of its Common Stock for issuance under the 2019 Plan under a Registration Statement on Form S-8 filed with the Securities and Exchange Commission (“SEC”) on November 1, 2019 (File No. 333-234437), November 2, 2020 (File No. 333-249793), and December 2, 2021 (File No. 333-261460). Pursuant to General Instruction E to Form S-8, this Registration Statement hereby incorporates by reference the contents of the Registration Statements referenced above with respect to the shares of common stock registered under the 2019 Plan, except to the extent supplemented or amended or superseded by the information set forth or incorporated herein.


PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 8. Exhibits.

 

Exhibit
No.
   Description
5.1    Opinion of Goodwin Procter*
10.1    Amended and Restated 2019 Equity and Incentive Compensation Plan (1)
23.1    Consent of Goodwin Procter (included in Exhibit 5.1 above)
23.2    Consent of KPMG LLP, the Registrant’s independent registered public accounting firm*
24.1    Power of Attorney (included on the signature page)
107    Filing fee table*

 

 

*

Filed herewith.

(1)

Incorporated by reference to Exhibit 10.1 of our Current Report on Form 8-K filed with the SEC on October 27, 2022.


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 San Jose, State of California, on November 3, 2022.

 

SYNAPTICS INCORPORATED
By:  

/s/ Michael Hurlston

  Michael Hurlston
  President and Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Michael Hurlston and Dean Butler and each or either of them, as his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments to this registration statement on Form S-8, including any and all post-effective amendments and amendments thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent, 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 he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or their or his or her substitutes or substitute, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-8 has been signed below by the following persons on behalf of Synaptics Incorporated and in the capacities and on the dates indicated:

 

     Title   Date

/s/ Michael Hurlston

   President, Chief Executive Officer and   November 3, 2022
Michael Hurlston    Director (Principal Executive Officer)  

/s/ Dean Butler

   Chief Financial Officer (Principal Financial   November 3, 2022
Dean Butler    Officer)  

/s/ Kermit Nolan

   Corporate Vice President and Chief   November 3, 2022
Kermit Nolan    Accounting Officer (Principal Accounting Officer)  

/s/ Nelson C. Chan

   Chairman of the Board and Director   November 3, 2022
Nelson C. Chan     

/s/ Jeffrey Buchanan

   Director   November 3, 2022
Jeffrey Buchanan     

/s/ Keith Geeslin

   Director   November 3, 2022
Keith Geeslin     


/s/ Susan Hardman

   Director   November 3, 2022
Susan Hardman     

/s/ Patricia Kummrow

   Director   November 3, 2022
Patricia Kummrow     

/s/ Vivie Lee

   Director   November 3, 2022
Vivie Lee     

/s/ James Whims

   Director   November 3, 2022
James Whims     
EX-5.1

Exhibit 5.1

 

LOGO     

Goodwin Procter LLP

601 Marshall St.

Redwood City, CA 94063

    

goodwinlaw.com

+1 650 752 3100

November 3, 2022

Synaptics Incorporated

1251 McKay Drive

San Jose, California 95131

 

Re:

Securities Being Registered under Registration Statement on Form S-8

We have acted as counsel to you in connection with your filing of a Registration Statement on Form S-8 (the “Registration Statement”) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), on or about the date hereof relating to an aggregate of 698,000 shares (the “Shares”) of Common Stock, $0.001 par value per share (“Common Stock”), of Synaptics Incorporated, a Delaware corporation (the “Company”), that may be issued pursuant to the Company’s Amended and Restated 2019 Equity and Incentive Compensation Plan (the “Plan”).

We have reviewed such documents and made such examination of law as we have deemed appropriate to give the opinions set forth below. We have relied, without independent verification, on certificates of public officials and, as to matters of fact material to the opinion set forth below, on certificates of officers of the Company.

The opinion set forth below is limited to the Delaware General Corporation Law.

For purposes of the opinion set forth below, we have assumed that no event occurs that causes the number of authorized shares of Common Stock available for issuance by the Company to be less than the number of then unissued Shares.

Based on the foregoing, we are of the opinion that the Shares have been duly authorized and, upon issuance and delivery against payment therefor in accordance with the terms of the Plan, will be validly issued, fully paid and nonassessable.

We hereby consent to the inclusion of this opinion as Exhibit 5.1 to the Registration Statement. In giving our consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations thereunder.


Synaptics Incorporated

November 3, 2022

Page 2

 

Very truly yours,
/S/ GOODWIN PROCTER LLP
GOODWIN PROCTER LLP
EX-23.2

Exhibit 23.2

Consent of Independent Registered Public Accounting Firm

We consent to the use of our report dated August 19, 2022, with respect to the consolidated financial statements of Synaptics Incorporated, and the effectiveness of internal control over financial reporting, incorporated herein by reference.

 

/s/ KPMG LLP
Santa Clara, California
November 3, 2022
EX-FILING FEES

Exhibit 107

Calculation of Filing Fee Tables

Form S-8

(Form Type)

Synaptics Incorporated

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

 

               

Security  

Type  

   Security
Class
Title
  Fee
Calculation
Rule
  Amount
Registered(1)
  Proposed
Maximum
Offering
Price Per
Unit
  Maximum
Aggregate
Offering
Price
  Fee
Rate
  Amount of
Registration
Fee
               

Equity

  

Common stock,

par value $0.001 per share

  Other(2)   698,000(3)   90.18(2)   $62,945,640.00(2)   0.00011020   $6,936.61

Total Offering Amounts

      $62,945,640.00       $6,936.61

Total Fee Offsets

              $0

Net Fee Due

              $6,936.61
(1)

In accordance with Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement shall be deemed to cover any additional securities that may from time to time be offered or issued under the Synaptics Incorporated Amended and Restated 2019 Equity and Incentive Compensation Plan (the “Plan”) to prevent dilution resulting from stock splits, stock dividends, recapitalization or similar transactions that result in an increase in the number of outstanding securities.

 

(2)

Estimated in accordance with Rules 457(c) and 457(h) under the Securities Act, solely for the purpose of computing the amount of the registration fee, on the basis of the average of the high and low prices of shares of Synaptics Incorporated’s common stock, par value $0.001 per share (“Common Stock”), reported on the Nasdaq Global Select Market on October 31, 2022, which is within five business days of this filing.

 

(3)

Represents 698,000 additional shares of Common Stock for future issuance under the Plan.

 

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This website contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business, and can be identified by the fact that they do not relate strictly to historical or current facts. Such forward-looking statements may include words such as "expect," "anticipate," "intend," "believe," "estimate," "plan," "target," "strategy," "continue," "may," "will," "should," variations of such words, or other words and terms of similar meaning. All forward-looking statements reflect our best judgment and are based on several factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Such factors include, but are not limited to, the risks as identified in the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Business" sections of our Annual Report on Form 10-K for our most recent fiscal year, and other risks as identified from time to time in our Securities and Exchange Commission reports. Forward-looking statements are based on information available to us on the date hereof, and we do not have, and expressly disclaim, any obligation to publicly release any updates or any changes in our expectations, or any change in events, conditions, or circumstances on which any forward-looking statement is based. Our actual results and the timing of certain events could differ materially from the forward-looking statements. These forward-looking statements do not reflect the potential impact of any mergers, acquisitions, or other business combinations that had not been completed as of the date of this filing.