As filed with the Securities Exchange Commission on June 2, 2020

Registration No. 333-                

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

TERADATA CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   75-3236470
(State or Other Jurisdiction of   (I.R.S. Employer
Incorporation or Organization)   Identification Number)

 

 

17095 Via Del Campo

San Diego, California 92127

(Address, including zip code, of Registrant’s Principal Executive Offices)

TERADATA NEW EMPLOYEE STOCK INDUCEMENT PLAN

TERADATA INCENTIVE STOCK PURCHASE PLAN

RESTRICTED SHARE UNIT AGREEMENT INDUCEMENT GRANTS

(Full title of plan)

Laura K. Nyquist

General Counsel and Assistant Secretary

Teradata Corporation

17095 Via Del Campo

San Diego, California 92127

(866) 548-8348

(Name, address, including zip code, 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, 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 file      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.

 

 

CALCULATION OF REGISTRATION FEE

 

 

Title of Securities

to be Registered

 

Amount to be

registered (1)

 

Proposed maximum

aggregate offering

price per share (2)

 

Proposed maximum

aggregate offering

price (2)

 

Amount of

Registration Fee (2)

Common Stock, par value $.01 per share

  2,235,000 shares   $20.97   $46,867,950   $6,083.46

 

 

(1)

Amount to be registered consists of 550,000 shares of Common Stock, par value $0.01 per share, of Teradata Corporation (“Shares”) which may be issued or sold pursuant to the Teradata New Employee Stock Inducement Plan, 900,000 Shares which may be issued or sold pursuant to the Teradata Incentive Stock Purchase Plan, and 785,000 Shares which may be issued or sold pursuant to three restricted share unit agreement incentive awards to be entered into with Stephen McMillan. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also covers an indeterminate number of shares of Common Stock that may be offered or issued to as a result of any adjustment to prevent dilution by reason of any stock dividend, stock split, recapitalization or other similar transaction.

(2)

Estimated in accordance with paragraphs (c) and (h) of Rule 457 under the Securities Act, solely for purposes of calculating the registration fee. The fee with respect to the shares registered herein is based on the average of the high and low sale prices of a share as reported on the New York Stock Exchange on May 26, 2020.

 

 

 


PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

The information specified in Items 1 and 2 of Part I of the Form S-8 is omitted from this Registration Statement in accordance with the provisions of Rule 428 under the Securities Act and the introductory note to Part I of Form S-8.

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

ITEM 3.

 INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

The following documents previously filed by the Company with the SEC pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), are incorporated herein by reference:

1. The Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019.

2. The Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2020.

3. The Company’s Current Reports on Form 8-K filed with the SEC on February 6, 2020, May  7, 2020 and June 2, 2020, in each case solely to the extent filed and not furnished.

4. All other reports filed by the Company pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year ended December 31, 2020.

5. The description of the Company’s Common Stock set forth under the caption “Description of Capital Stock” in Exhibit 99.1 to the Form 10 filed by the Company with the SEC on May 10, 2007, as amended by Amendment No. 1 to Form 10 filed on July 2, 2007 and Amendment No.  2 to Form 10 filed on August 21, 2007 pursuant to Section 12(b) of the Exchange Act, and including any further amendment or report filed for the purpose of updating such description.

All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment indicating that all of the 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 part hereof from the date of filing such documents. Any statement contained herein or in a document incorporated or deemed to be 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 is also incorporated or deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

 

II-1


ITEM 4.

 DESCRIPTION OF SECURITIES

Not applicable.

 

ITEM 5.

 INTERESTS OF NAMED EXPERTS AND COUNSEL

Certain legal matters in connection with the Common Stock offered pursuant to the Plan will be passed upon for the Company by Margaret A. Treese, an employee of the Company and its Deputy General Counsel and Secretary. Ms. Treese is eligible to participate in the Teradata Incentive Stock Purchase Plan, and also owns shares of the Common Stock and options and other rights to purchase shares of Common Stock.

 

ITEM 6.

 INDEMNIFICATION OF DIRECTORS AND OFFICERS

Limitation of Liability and Indemnification

The Registrant is a Delaware corporation. Section 145 of the General Corporation Law of the State of Delaware, as amended, provides that under certain circumstances a corporation may indemnify any person who was or is a party or is threatened to be made a party 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 such person is or was a director, officer, employee or agent of the corporation or is or was serving at its request in such in 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 such person in connection with such action, suit or proceeding if such person acted in good faith and in a manner such 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 such person’s conduct was unlawful. The statute provides that indemnification pursuant to its provisions is not exclusive of other rights of indemnification to which a person may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors, or otherwise.

The Registrant’s amended and restated certificate of incorporation limits the liability of directors to the maximum extent permitted by Delaware law. Delaware law provides that directors of a corporation will not be personally liable to the corporation or its stockholders for monetary damages for breach of their fiduciary duties as directors, except for liability:

 

   

for any breach of their duty of loyalty to the corporation or its stockholders;

 

   

for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law;

 

   

under Section 174 of the Delaware General Corporation Law relating to unlawful payments of dividends or unlawful stock repurchases or redemptions; or

 

   

for any transaction from which the director derived an improper personal benefit.

The Registrant maintains insurance policies under which the directors and officers of the Registrant are insured, within the limits and subject to the limitations of the policies, against certain expenses in connection with the defense of actions, suits or proceedings, and certain liabilities which might be imposed as a result of such actions, suits or proceedings, to which they are parties by reason of being or having been such directors or officers which could include liabilities under the Securities Act or the Exchange Act.

 

ITEM 7. 

EXEMPTION FROM REGISTRATION CLAIMED

Not Applicable.

 

II-2


ITEM 8.

 EXHIBITS

INDEX TO EXHIBITS

 

Exhibit Number

  

Description of Exhibit

(4)

   INSTRUMENTS DEFINING THE RIGHTS OF SECURITY HOLDERS, INCLUDING INDENTURES

4.1

   Amended and Restated Certificate of Incorporation of Teradata Corporation, as amended and restated on September  25, 2007. (Incorporated herein by reference to Exhibit 3.1 to Teradata Corporation’s Current Report on Form 8-K dated September 25, 2007 (SEC File No.  001-33458))

4.2

   Amended and Restated Bylaws of Teradata Corporation as amended and restated on July  26, 2016. (Incorporated herein by reference to Exhibit 3.1 to Teradata Corporation’s Current Report on Form 8-K dated August 1, 2016 (SEC File No.  001-33458))

4.3

   Teradata New Employee Stock Inducement Plan. (Incorporated herein by reference to Exhibit 10.3 to Teradata Corporation’s Current Report on Form 8-K dated June 2, 2020 (SEC File No. 001-33458))

4.4

   Teradata Incentive Stock Purchase Plan. (Incorporated herein by reference to Exhibit 10.1 to Teradata Corporation’s Current Report on Form 8-K dated June 2, 2020 (SEC File No. 001-33458))

4.4.1

   Form of Stock Purchase Agreement under the Teradata Incentive Stock Purchase Plan. (Incorporated herein by reference to Exhibit 10.2 to Teradata Corporation’s Current Report on Form 8-K dated June 2, 2020 (SEC File No. 001-33458))

4.5

   Form of Performance-Based Restricted Share Unit Agreement (2022 Performance Period Award) Inducement Grant to be entered into with Stephen McMillan*

4.6

   Form of Restricted Share Unit Agreement (New Hire Grant) Inducement Grant to be entered into with Stephen McMillan*

4.7

   Form of Restricted Share Unit Agreement (Graded Vesting) Inducement Grant to be entered into with Stephen McMillan*

(5)

   OPINION REGARDING LEGALITY

5.1

   Opinion of Margaret A. Treese, Deputy General Counsel and Secretary, with respect to the legality of the securities being registered*

(23)

   CONSENT OF EXPERTS AND COUNSEL

23.1

   Consent of PricewaterhouseCoopers LLP*

23.2

   Consent of Margaret A. Treese (contained in her opinion filed as Exhibit 5.1)*

(24)

   Powers of Attorney (contained in signature page of the Registration Statement).

 

*Filed herewith.

 

II-3


ITEM 9. 

UNDERTAKINGS.

(a) The undersigned Registrant hereby undertakes:

(1) to file, during any period in which offers or sales are being made of the securities registered hereby, 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 this 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 offered range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and

(iii) to include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement; provided, however, that paragraphs (i), (ii) and (iii) above do not apply if 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 this 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 herein, 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 hereby 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 Section 15(d) of the Exchange Act (and, where applicable, each filing of an 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 Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the provisions described in the first paragraph of Item 15 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 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 Act and will be governed by the final adjudication of such issue.

 

II-4


SIGNATURES

The Registrant. 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 San Diego, and State of California, on the 2nd day of June, 2020.

 

TERADATA CORPORATION
By:   /s/ Mark A. Culhane
  Mark A. Culhane
  Chief Financial Officer

POWER OF ATTORNEY

We, the undersigned officers and directors of Teradata Corporation hereby severally constitute and appoint each of Mark A. Culhane and Laura K. Nyquist our true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, to sign for us and in our names in the capacities indicated below on any and all amendments (including post-effective 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, granting unto such attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as full to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that either such attorney-in-fact and agent or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the date indicated.

 

Signature

  

Title

 

Date

/s/ Victor L. Lund

Victor L. Lund

   Director, Interim President and Chief Executive Officer   June 2, 2020

/s/ Mark A. Culhane

Mark A. Culhane

   Chief Financial Officer (Principal Financial and Accounting Officer)   June 2, 2020

/s/ Michael P. Gianoni

Michael P. Gianoni

   Executive Chairman of the Board of Directors   June 2, 2020

/s/ Lisa R. Bacus

Lisa R. Bacus

   Director   June 2, 2020

/s/ Timothy C.K. Chou

Timothy C.K. Chou

   Director   June 2, 2020

/s/ Daniel R. Fishback

Daniel R. Fishback

   Director   June 2, 2020

/s/ Cary T. Fu

Cary T. Fu

   Director   June 2, 2020

/s/ David E. Kepler

David E. Kepler

   Director   June 2, 2020

/s/ Kimberly K. Nelson

Kimberly K. Nelson

   Director   June 2, 2020

/s/ Joanne B. Olsen

Joanne B. Olsen

   Director   June 2, 2020

/s/ James M. Ringler

James M. Ringler

   Director   June 2, 2020

/s/ John G. Schwartz

John G. Schwartz

   Director   June 2, 2020
Teradata (NYSE:TDC)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Teradata Charts.
Teradata (NYSE:TDC)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Teradata Charts.