As filed with the Securities and Exchange Commission on October 18, 2013

Registration No. 333-         

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM S-8

 

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 


 

SCIENTIFIC GAMES CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

 

81-0422894

(State or Other Jurisdiction of
Incorporation or Organization)

 

(I.R.S. Employer Identification Number)

 

750 Lexington Avenue, 25th Floor

New York, New York 10022

(Address of Registrant’s Principal Executive Offices)

 

SCIENTIFIC GAMES CORPORATION AMENDED AND RESTATED

INCENTIVE PLAN (2013 RESTATEMENT)

(Full Title of the Plan)

 


 

Jack B. Sarno, Esq.

Scientific Games Corporation

750 Lexington Avenue, 25th Floor

New York, New York 10022
(212) 754-2233

(Name, Address, and Telephone Number, Including Area Code, of Agent for Service)

 

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 x

Non-accelerated filer o (Do not check if a smaller reporting company)

 

Smaller reporting company o

 

CALCULATION OF REGISTRATION FEE

 

 

 

 

 

 

 

 

 

 

Title of Securities to be Registered

 

Amount to Be
Registered
(1)

 

Proposed Maximum
Offering Price Per
Share

 

Proposed Maximum
Aggregate Offering
Price

 

Amount of
Registration Fee

 

Class A common stock, par value $0.01 per share

 

35,288

(2)

$

17.82

(3)

$

628,850.00

 

$

81.00

 

Class A common stock, par value $0.01 per share

 

454,266

(2)

$

18.51

(4)

$

8,408,463.94

 

$

1,083.01

 

Class A common stock, par value $0.01 per share

 

5,627,354

(2)

$

18.51

(4)

$

104,162,325.88

 

$

13,416.11

 

Total

 

6,116,908

 

 

N/A

 

$

113,199,639.82

 

$

14,580.11

 

(1)         Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of Class A common stock, par value $0.01 per share (the “Class A Shares”), of Scientific Games Corporation (the “Registrant”) that become issuable under the Scientific Games Corporation Amended and Restated Incentive Plan (2013 Restatement) (the “Plan”) as a result of stock splits, stock dividends, recapitalization or similar adjustments of the outstanding Class A Shares of the Registrant.

 

(2)         Represents Class A Shares issuable in connection with non-qualified stock options (the “Assumed Options”) and restricted stock units (the “Assumed Restricted Stock Units”) granted under the Plan and Class A Shares available for future issuance under the Plan, all of which were assumed by the Registrant on October 18, 2013 pursuant to the Agreement and Plan of Merger, dated as of January 30, 2013, by and among the Registrant, SG California Merger Sub, Inc., Scientific Games International, Inc. and WMS Industries Inc.

 

(3)         Estimated solely for the purpose of determining the amount of the registration fee in accordance with Rule 457(h) under the Securities Act, based upon the weighted average exercise price of $17.82 of the Assumed Options.

 

(4)         Estimated solely for the purpose of determining the amount of the registration fee in accordance with Rule 457(c) and (h) under the Securities Act, based upon the average of the high and low prices of a Class A Share as reported on the NASDAQ Global Select Market on October 18, 2013.

 

 

 



 

PART I

 

INFORMATION REQUIRED IN SECTION 10(a) PROSPECTUS

 

The information specified in Items 1 and 2 of Part I of the Form S-8 is omitted from this filing in accordance with the provisions of Rule 428 under the Securities Act and the introductory note to Part I of the Form S-8.  The document(s) containing the information specified in Part I of Form S-8 will be sent or given to the recipients of the applicable grants, as required by Rule 428 under 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.  These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

 

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Part II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

Item 3.  Incorporation of Documents by Reference.

 

The following documents, which previously have been filed by the Registrant with the Commission, are incorporated herein by reference and made a part hereof:

 

1.                                      the Registrant’s Annual Report on Form 10-K filed with the Commission on March 12, 2013, as amended on Form 10-K/A filed with the Commission on May 30, 2013 (as so amended, the “Annual Report”);

 

2.                                      all other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), since the end of the fiscal year covered by the Annual Report; and

 

3.                                      the description of the Registrant’s Class A Shares set forth in the “Description of Capital Stock” contained in the Registrant’s registration statement on Form S-3, filed with the Commission on March 26, 2010, including any amendment or report filed for the purpose of updating such description.

 

All reports and other documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this Registration Statement and prior to the filing of a post-effective amendment hereto, which indicates that all securities offered hereunder have been sold or which deregisters all securities remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents.

 

For purposes of this Registration Statement, any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such statement in such document.  Any 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.

 

Item 5.         Interests of Named Experts and Counsel.

 

Not applicable.

 

Item 6.  Indemnification of Directors and Officers.

 

Section 145 of the General Corporation Law of the State of Delaware (the “DGCL”) grants corporations the power to indemnify any person who was or is a party or is threatened to be made a party

 

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to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with such action, suit or proceeding if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe the person’s conduct was unlawful.

 

In the case of an action by or in the right of the corporation, Section 145 of the DGCL grants corporations the power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys’ fees) actually and reasonably incurred by the person in connection with the defense or settlement of such action or suit if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

 

Section 145 of the DGCL also empowers a corporation to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against any liability asserted against such person and incurred by such person in any such capacity, or arising out of such person’s status as such, whether or not the corporation would have the power to indemnify such person against such liability under Section 145 of the DGCL.

 

Section 102(b)(7) of the DGCL allows a corporation to eliminate or limit the personal liability of directors to a corporation or its stockholders for monetary damages for a breach of fiduciary duty as a director, except where the director breached his duty of loyalty, failed to act in good faith, engaged in intentional misconduct or knowingly violated a law, authorized the payment of a dividend or approved a stock repurchase or redemption in violation of Delaware corporate law or obtained an improper personal benefit.

 

The bylaws of the Registrant provide for indemnification of its directors, officers, employees and other agents of the Registrant for such liabilities in such manner under such circumstances and to the extent permitted by Section 145 of the DGCL. The bylaws of the Registrant also provide that the Board of Directors of the Registrant may authorize the purchase and maintenance of insurance for the purpose of such indemnification.

 

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The Registrant’s restated certificate of incorporation provides that a director of the Registrant shall not be liable to the Registrant or its stockholders for monetary damages for breach of fiduciary duty as a director, to the fullest extent permitted by the DGCL.

 

The Registrant maintains an insurance policy on behalf of itself and its subsidiaries, and on behalf of the directors and officers thereof, covering certain third-party claims which may be asserted against such entities, directors and/or officers.

 

Item 7.  Exemption From Registration Claimed.

 

Not applicable.

 

Item 8.  Exhibits.

 

The following exhibits are filed with or incorporated by reference into this Registration Statement (numbering corresponds to Exhibit Table in Item 601 of Regulation S-K):

 

Exhibit
Number

 

Description

 

Filed
Herewith

4.1

 

Restated Certificate of Incorporation of Scientific Games Corporation (incorporated by reference to Exhibit 3.1 to the Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2002)

 

 

4.2

 

Certificate of Amendment of the Restated Certificate of Incorporation of Scientific Games Corporation (incorporated by reference to Exhibit 3.1(b) to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2007)

 

 

4.3

 

Amended and Restated By-Laws of Scientific Games Corporation (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed on November 1, 2010)

 

 

4.4

 

Scientific Games Corporation Amended and Restated Incentive Plan (2013 Restatement)

 

x

5.1

 

Opinion of Cleary Gottlieb Steen & Hamilton LLP

 

x

23.1

 

Consent of Deloitte & Touche LLP, Independent Registered Public Accounting Firm

 

x

23.2

 

Consent of Reconta Ernst & Young S.p.A., Independent Registered Public Accounting Firm

 

x

23.3

 

Consent of Reconta Ernst & Young S.p.A., Independent Registered Public Accounting Firm

 

x

23.4

 

Consent of Ernst & Young Hua Ming LLP, Independent Registered Public Accounting Firm

 

x

23.5

 

Consent of KPMG Huazhen (Special General Partnership), Independent Auditors

 

x

23.6

 

Consent of Cleary Gottlieb Steen & Hamilton LLP (included in Exhibit 5.1)

 

x

24.1

 

Power of Attorney (filed as part of signature pages)

 

x

 

Item 9.  Undertakings.

 

(a)                                 The undersigned Registrant hereby undertakes:

 

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(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 Securities Act;

 

(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;

 

(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) 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 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 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, each filing of the Registrant’s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of the employee benefit plan’s annual report pursuant to 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 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

 

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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 City of New York, State of New York on the 18th day of October, 2013.

 

 

 

SCIENTIFIC GAMES CORPORATION

 

 

 

 

By:

/s/ Jeffrey S. Lipkin

 

Name:

Jeffrey S. Lipkin

 

Title:

Senior Vice President and Chief Financial Officer

 

POWER OF ATTORNEY AND SIGNATURES

 

Each person whose signature appears below constitutes and appoints Jeffrey S. Lipkin, as his lawful attorney-in-fact and agent with full power of substitution and resubstitution for him and in his name, place and stead in any and all capacities to execute in the name of each such person who is then an officer or director of the Registrant any and all amendments (including posteffective amendments) to this Registration Statement 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 required or necessary to be done in and about the premises as fully as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.

 

Pursuant to the requirements of the Securities Act of 1933, this Form S-8 Registration Statement has been signed below by the following persons in the capacities indicated on the 18th day of October, 2013.

 

Signature

 

Title

 

 

 

/s/ A. Lorne Weil

 

Chief Executive Officer, Chairman of the Board of Directors and Director

A. Lorne Weil

 

(Principal Executive Officer)

 

 

 

/s/ Jeffrey S. Lipkin

 

Senior Vice President and Chief Financial Officer

Jeffrey S. Lipkin

 

(Principal Financial Officer)

 

 

 

/s/ Jeffrey B. Johnson

 

Vice President, Finance, and Chief Accounting Officer

Jeffrey B. Johnson

 

(Principal Accounting Officer)

 

 

 

/s/ Peter A. Cohen

 

Vice Chairman of the Board of Directors and Director

Peter A. Cohen

 

 

 

 

 

/s/ Gerald J. Ford

 

Director

Gerald J. Ford

 

 

 

 

 

/s/ David L. Kennedy

 

Vice Chairman of the Board of Directors and Director

David L. Kennedy

 

 

 

 

 

/s/ Paul M. Meister

 

Director

Paul M. Meister

 

 

 

 

 

/s/ Ronald O. Perelman

 

Director

Ronald O. Perelman

 

 

 



 

/s/ Michael J. Regan

 

Director

Michael J. Regan

 

 

 

 

 

/s/ Barry F. Schwartz

 

Director

Barry F. Schwartz

 

 

 

 

 

/s/ Frances F. Townsend

 

Director

Frances F. Townsend

 

 

 



 

EXHIBIT INDEX

 

Exhibit
Number

 

Description

 

Method of Filing

4.1

 

Restated Certificate of Incorporation of Scientific Games Corporation

 

Incorporated by reference to Exhibit 3.1 to the Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2002.

4.2

 

Certificate of Amendment of the Restated Certificate of Incorporation of Scientific Games Corporation

 

Incorporated by reference to Exhibit 3.1(b) to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2007

4.3

 

Amended and Restated By-Laws of Scientific Games Corporation

 

Incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed on November 1, 2010.

4.4

 

Scientific Games Corporation Amended and Restated Incentive Plan (2013 Restatement)

 

Filed herewith.

5.1

 

Opinion of Cleary Gottlieb Steen & Hamilton LLP

 

Filed herewith.

23.1

 

Consent of Deloitte & Touche LLP, Independent Registered Public Accounting Firm

 

Filed herewith.

23.2

 

Consent of Reconta Ernst & Young S.p.A., Independent Registered Public Accounting Firm

 

Filed herewith.

23.3

 

Consent of Reconta Ernst & Young S.p.A., Independent Registered Public Accounting Firm

 

Filed herewith.

23.4

 

Consent of Ernst & Young Hua Ming LLP, Independent Registered Public Accounting Firm

 

Filed herewith.

23.5

 

Consent of KPMG Huazhen (Special General Partnership), Independent Auditors

 

Filed herewith.

23.6

 

Consent of Cleary Gottlieb Steen & Hamilton LLP (included in Exhibit 5.1)

 

Filed herewith.

24.1

 

Power of Attorney (filed as part of signature pages)

 

Filed herewith.