As filed with the Securities and Exchange Commission on August 5, 2003.
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
THE BOEING COMPANY
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation or organization) |
91-0425694 (I.R.S. Employer Identification No.) |
100 North Riverside
Chicago, IL 60606-1596
(Address of principal executive offices, including zip code)
THE BOEING COMPANY 2003 INCENTIVE STOCK PLAN
THE BOEING COMPANY VOLUNTARY INVESTMENT PLAN
BAO VOLUNTARY SAVINGS PLAN
(Full title of the plans)
JAMES C. JOHNSON
Senior Vice President, Corporate Secretary and Assistant General Counsel
The Boeing Company
100 North Riverside
Chicago, IL 60606-1596
(312) 544-2000
(Name, address and telephone number, including area code, of agent for service)
Copy to:
J. SUE MORGAN
Perkins Coie LLP
1201 Third Avenue, 40th Floor
Seattle, Washington 98101-3099
CALCULATION OF REGISTRATION FEE
Title of Securities to Be Registered |
Number to Be Registered(1) |
Proposed Maximum Offering Price Per Share(2) |
Proposed Maximum Aggregate Offering Price |
Amount of Registration Fee(3) |
||||||
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, par value $5.00 per share | ||||||||||
The Boeing Company 2003 Incentive Stock Plan | 33,000,000 | $32.28 | $1,065,240,000.00 | $86,177.92 | ||||||
The Boeing Company Voluntary Investment Plan | 20,425,000 | $32.28 | $659,319,000.00 | $53,338.91 | ||||||
Less registration fees carried forward(3) | ($6,647.85) | |||||||||
BAO Voluntary Savings Plan | 200,000 | $32.28 | $6,456,000.00 | $522.29 | ||||||
Total | 53,625,000 | $1,731,015,000.00 | ||||||||
Registration fee due | $133,391.27 | |||||||||
In addition, pursuant to Rule 416(c) under the Securities Act of 1933 (the "Securities Act"), as amended, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to The Boeing Company Voluntary Investment Plan and the BAO Voluntary Savings Plan described herein.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The following documents are hereby incorporated by reference in this Registration Statement:
(a) The Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2002, filed with the Securities and Exchange Commission (the "Commission") on February 27, 2003, which contains audited consolidated financial statements for the most recent fiscal year for which such statements have been filed.
(b) The Registrant's Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2003 and June 30, 2003, filed on May 5, 2003 and August 4, 2003, respectively, and the Registrant's Current Reports on Form 8-K, filed on February 6, 2003, February 11, 2003, April 10, 2003, April 23, 2003, June 13, 2003, July 15, 2003, July 23, 2003 and July 28, 2003.
(c) The Registrant's Annual Reports on Forms 11-K for The Boeing Company Voluntary Investment Plan and the BAO Voluntary Savings Plan, filed with the Commission on June 30, 2003.
(d) The description of the Registrant's Common Stock contained in its Current Report on Form 8-K, dated January 30, 1998, under Section 13 or 15(d) of the Exchange Act, including any amendments or reports filed for the purpose of updating such description.
All documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters the securities covered hereby then remaining unsold shall also be deemed to be incorporated by reference into this Registration Statement and to be a part hereof commencing on the respective dates on which such documents are filed.
Item 5. Interest of Named Experts and Counsel
The opinion of counsel as to the legality of the securities that may be issued under the plans is given by James C. Johnson, Senior Vice President, Corporate Secretary and Assistant General Counsel for the Registrant. Mr. Johnson owns 4,397 shares of the Registrant's Common Stock as well as stock units granted under various incentive plans of the Registrant.
Item 6. Indemnification of Directors and Officers
Article VII, Section 4 of the Registrant's By-Laws provides for indemnification of the Registrant's directors and officers to the full extent permitted under Delaware law.
Section 145 of the Delaware General Corporation Law provides that a corporation may indemnify directors and officers as well as other employees and individuals against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement in connection with specified actions, suits or proceedings, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation in a derivative action), if they acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action, had no reasonable cause to believe their conduct was unlawful. A similar standard is applicable in the case of derivative actions, and the statute requires court approval before there can be any indemnification where the person seeking indemnification has been found liable to the corporation. The statute provides that it is not exclusive of other indemnification that may be granted
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by a corporation's charter, by-laws, disinterested director vote, stockholder vote, agreement or otherwise.
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 director's duty of loyalty to the corporation or its stockholders, (ii) for acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law, (iii) for payments of unlawful dividends or unlawful stock repurchases or redemptions, or (iv) for any transaction from which the director derived an improper personal benefit.
Article Twelfth of the Registrant's Restated Certificate of Incorporation provides that, to the full extent that Delaware law permits the limitation or elimination of the liability of directors, a director of the Registrant will not be liable to the Registrant or its stockholders for monetary damages for breach of fiduciary duty as a director.
Officers and directors of the Registrant are covered by insurance that, with certain exceptions and within certain limitations, indemnifies them against losses and liabilities arising from any alleged "wrongful act," including any alleged error or misstatement, misleading statement, wrongful act or omission, neglect or breach of duty, in their capacities as such.
Exhibit Number |
Description |
|
---|---|---|
5.1 | Opinion of counsel regarding legality of the Common Stock being registered | |
15.1 |
Letter in Lieu of Consent for Review Report |
|
23.1 |
Consent of Deloitte & Touche LLP |
|
23.2 |
Consent of counsel (included in Exhibit 5.1) |
|
24.1 |
Power of Attorney (see Signature Page) |
|
99.1 |
The Boeing Company 2003 Incentive Stock Plan (as amended and restated on June 30, 2003) |
The Registrant hereby undertakes that it will submit or has submitted The Boeing Company Voluntary Investment Plan and the BAO Voluntary Savings Plan subject to this Registration Statement and any amendments thereto to the Internal Revenue Service ("IRS") in a timely manner and has made or will make all changes required by the IRS as necessary in order to qualify such plans under Section 401 of the Internal Revenue Code.
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provided, however, that paragraphs (l)(a) and (l)(b) above 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 Exchange Act that are incorporated by reference in this Registration Statement.
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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 City of Chicago, State of Illinois, on August 1, 2003.
THE BOEING COMPANY | |||
By: |
/s/ MICHAEL M. SEARS Michael M. Sears Executive Vice President, Office of the Chairman and Chief Financial Officer |
Each person whose signature appears below constitutes and appoints Philip M. Condit and Michael M. Sears, or any of them, his or her attorneys-in-fact, with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Registration Statement, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact, or their substitute or substitutes, may do or cause to be done by virtue hereof.
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 August 1, 2003.
Signature |
Title |
|
---|---|---|
/s/ PHILIP M. CONDIT Philip M. Condit |
Chairman of the Board and Chief Executive Officer (Principal Executive Officer) |
|
/s/ MICHAEL M. SEARS Michael M. Sears |
Executive Vice President, Office of the Chairman and Chief Financial Officer (Principal Financial Officer) |
|
/s/ JAMES A. BELL James A. Bell |
Senior Vice President of Finance and Corporate Controller (Principal Accounting Officer) |
|
/s/ JOHN H. BIGGS John H. Biggs |
Director |
|
/s/ JOHN E. BRYSON John E. Bryson |
Director |
|
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/s/ KENNETH M. DUBERSTEIN Kenneth M. Duberstein |
Director |
|
/s/ PAUL E. GRAY Paul E. Gray |
Director |
|
/s/ JOHN F. MCDONNELL John F. McDonnell |
Director |
|
/s/ W. JAMES MCNERNEY, JR. W. James McNerney, Jr. |
Director |
|
/s/ LEWIS E. PLATT Lewis E. Platt |
Director |
|
/s/ ROZANNE L. RIDGWAY Rozanne L. Ridgway |
Director |
|
/s/ JOHN M. SHALIKASHVILI John M. Shalikashvili |
Director |
|
/s/ HARRY C. STONECIPHER Harry C. Stonecipher |
Director |
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Pursuant to requirements of the Securities Act of 1933, as amended, the persons who administer the The Boeing Company Voluntary Investment Plan have duly caused this Registration Statement to be signed on their behalf by the undersigned, thereunto duly authorized, in the City of Chicago, State of Illinois, on August 1, 2003.
THE BOEING COMPANY VOLUNTARY INVESTMENT PLAN |
|||
By: THE BOEING COMPANY |
|||
By: |
/s/ MICHAEL M. SEARS Michael M. Sears Executive Vice President, Office of the Chairman and Chief Financial Officer |
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THE BAO VOLUNTARY SAVINGS PLAN
Pursuant to requirements of the Securities Act of 1933, as amended, the persons who administer the BAO Voluntary Savings Plan have duly caused this Registration Statement to be signed on their behalf by the undersigned, thereunto duly authorized, in the City of Chicago, State of Illinois, on August 1, 2003.
BAO VOLUNTARY SAVINGS PLAN | |||
By: THE BOEING COMPANY |
|||
By: |
/s/ MICHAEL M. SEARS Michael M. Sears Executive Vice President, Office of the Chairman and Chief Financial Officer |
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Exhibit Number |
Description |
|
---|---|---|
5.1 | Opinion of counsel regarding legality of the Common Stock being registered | |
15.1 |
Letter in Lieu of Consent for Review Report |
|
23.1 |
Consent of Deloitte & Touche LLP |
|
23.2 |
Consent of counsel (included in Exhibit 5.1) |
|
24.1 |
Power of Attorney (see Signature Page) |
|
99.1 |
The Boeing Company 2003 Incentive Stock Plan (as amended and restated on June 30, 2003) |
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