As filed with the Securities and Exchange Commission on May 18, 2021

Registration No. 333-


 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

     

FORM S-8

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

     

The New Home Company Inc.

(Exact name of registrant as specified in its charter)

     

Delaware

27-0560089

(State or other jurisdiction of incorporation or organization)

(IRS Employer Identification No.)

   
6730 N Scottsdale Rd., Suite 290, Scottsdale, Arizona

85253

(Address of principal executive offices)

(Zip Code)

 

     

The New Home Company Inc. Second Amended and Restated 2016 Incentive Award Plan

(Full title of the plan)

     

Miek Harbur

Copies to:

Senior Vice President, General Counsel and Secretary

The New Home Company Inc.

15231 Laguna Canyon Road

Suite 250

Irvine, CA 92618

(949) 382-7800

Jeffrey E. Beck

Snell & Wilmer L.L.P.

One Arizona Center

400 East Van Buren

Phoenix, Arizona 85004

(602) 382-6000

(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, 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. ☐

 

 

 

Calculation of Registration Fee

 

Title of securities to be registered

Amount to be

registered (1)

Proposed

maximum offering

price per share (2)

Proposed

maximum aggregate

offering

price (2)

Amount of

registration fee

Shares of common stock, par value $0.01 per share

2,050,000(3)

$6.00

$12,300,000

$1,341.93

 

1)

In the event of a stock split, stock dividend, or similar transaction involving the Registrant’s Common Stock, in order to prevent dilution, the number of shares registered shall be automatically increased to cover the additional shares in accordance with Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”).

 

2)

Estimated solely for the purpose of calculating the amount of the registration fee, pursuant to Rules 457(c) and 457(h) under the Securities Act, on the basis of the average of the high and low prices of the Registrant’s shares of Common Stock, as reported on the New York Stock Exchange on May 13, 2021.

 

3)

Represents 1,900,000 shares of the Registrant’s Common Stock, par value $0.01 (the “Common Stock”) that may be offered or sold under The New Home Company Inc. Second Amended and Restated 2016 Incentive Award Plan (the “Plan”) plus 150,000 shares of Common Stock representing the Registrant’s estimate of future forfeited or terminated awards under the Plan that will become available for future issuance under the Plan.

 

 

 

EXPLANATORY NOTE

 

This Registration Statement relates to the Registration Statement on Form S-8 (No. 333-211756) that The New Home Company Inc., a Delaware corporation (the “Registrant”), filed on June 1, 2016, pursuant to which the Registrant registered 800,000 shares of Common Stock for issuance under the Plan (as defined above), the Registration Statement on Form S-8 (No. 333-217515) that the Registrant filed on April 27, 2017 pursuant which the Registrant registered 50,000 shares of Common Stock for issuance under the Plan, and the Registration Statement on Form S-8 (No. 333-225418) that the Registrant filed on June 4, 2018 pursuant which the Registrant registered 1,400,000 shares of Common Stock for issuance under the Plan. The contents of the above-referenced registration statements are incorporated by reference herein pursuant to General Instruction E to Form S-8. The purpose of this Registration Statement is to register an additional 1,900,000 shares of the Registrant’s Common Stock authorized for issuance under the Plan plus 150,000 shares of the Registrant’s Common Stock representing the Registrant’s estimate of additional future forfeited or terminated awards under the Plan that will become available for future issuance under the Plan.

 

PART II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 8. Exhibits.

 

See the Exhibit Index following the signature page(s) to this Registration Statement, which Exhibit is incorporated herein by reference.

 

 

 

 

 

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 Irvine, state of California, on May 18, 2021.

 

THE NEW HOME COMPANY INC.
   

By:

/s/ Leonard S. Miller

 

Leonard S. Miller

 

President and Chief Executive Officer

 

POWER OF ATTORNEY

 

Each person whose signature appears below hereby severally constitutes and appoints Leonard S. Miller, John M. Stephens and Miek Harbur, and each of them singly (with full power to each of them to act alone), his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution in each of them for him or her and in his or her name, place and stead, and in any and all capacities, to sign any and all amendments (including post-effective 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 attorneys-in-fact and agents, and each of them, 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 said attorneys-in-fact and agents or any of them, or their 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 by the following persons in the capacities and on the dates indicated.

 

Signature

 

Title

 

Date

     

/s/ Leonard S. Miller

 

President and Chief Executive Officer (Principal Executive Officer)

 

May 18, 2021

Leonard S. Miller

       
         

/s/ John M. Stephens

  Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)  

May 18, 2021

John M. Stephens

       
         

/s/ H. Lawrence Webb

 

Executive Chairman of the Board

 

May 18, 2021

H. Lawrence Webb

       
     

/s/ Sam Bakhshandehpour

 

Director

 

May 18, 2021

Sam Bakhshandehpour

       
         

/s/ Michael Berchtold

 

Director

 

May 18, 2021

Michael Berchtold

       
         

/s/ Paul Heeschen

 

Director

 

May 18, 2021

Paul Heeschen

       
         

/s/ Gregory P. Lindstrom

 

Director

 

May 18, 2021

Gregory P. Lindstrom

       
         

/s/ Cathey S. Lowe

 

Director

 

May 18, 2021

Cathey S. Lowe

       
         

 

 

Director

 

May 18, 2021

Douglas C. Neff

       
         

/s/ Wayne Stelmar

 

Director

 

May 18, 2021

Wayne Stelmar

       

 

 

 

EXHIBIT INDEX

 

Exhibit

Number

Description

Page or Method of Filing

4.1

Amended and Restated Certificate of Incorporation of The New Home Company Inc.

Incorporated by reference to Exhibit 3.1 of the Registrant's Annual Report on Form 10-K for the year ended December 31, 2013

4.2

State of Delaware Certificate of Change of Registered Agent and/or Registered Officer

Incorporated by reference to Exhibit 3.1 of the Registrant's Current Report on From 8-K filed on August 1, 2016

4.3

Amended and Restated Bylaws of The New Home Company Inc.

Incorporated by reference to Exhibit 3.II of the Registrant’s Current Report on Form 8-K filed on November 1, 2019

4.4 Certificate of Designations of Series A Junior Participating Preferred Stock of The New Home Company Inc. Incorporated by reference to Exhibit 3.1 of the Company's Current Report on Form 8-K filed on May 8, 2020
4.5 Certificate of Elimination of Series A Junior Participating Preferred Stock of The New Home Company Inc. Incorporated by reference to Exhibit 3.1 of the Company's Current Report on Form 8-K filed on March 30, 2021)

4.6

Specimen Stock Certificate of The New Home Company Inc.

Incorporated by reference to Exhibit 4.1 of the Registrant’s Registration Statement on Form S-1 (No. 333- 189366), Amendment No. 10, filed on January 24, 2014

4.7

Investor Rights Agreement among The New Home Company Inc., TNHC Partners LLC, IHP Capital Partners VI, LLC, WATT/TNHC, LLC, TCN/TNHC LP and collectively H. Lawrence Webb, Wayne J. Stelmar, Joseph D. Davis and Thomas Redwitz

Incorporated by reference to Exhibit 4.2 of the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2013

4.8

Amendment No. 1 to Investor Rights Agreement among The New Home Company Inc., TNHC Partners LLC, IHP Capital Partners VI, LLC, WATT/TNHC, LLC, TCN/TNHC LP and collectively H. Lawrence Webb, Wayne J. Stelmar, Joseph D. Davis and Thomas Redwitz

Incorporated by reference to Exhibit 10.1 of the Registrant’s Form 8-K filed on May 23, 2018

4.9 Amendment No. 2 to Investor Rights Agreement among The New Home Company Inc., TNHC Partners LLC, IHP Capital Partners VI, LLC, WATT/TNHC, LLC, TCN/TNHC LP and collectively H. Lawrence Webb, Wayne J. Stelmar, Joseph D. Davis and Thomas Redwitz  Incorporated by reference to Exhibit 4.4 of the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2020)

5.1

Opinion of Snell & Wilmer L.L.P.

Filed herewith

23.1

Consent of Independent Registered Public Accounting Firm, KPMG LLP

Filed herewith

23.2

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

Filed herewith

23.3

Consent of Snell & Wilmer L.L.P.

Included as part of Exhibit 5.1

24.1

Power of Attorney

Included on the signature page to this Registration Statement

99.1

The New Home Company Inc. Second Amended and Restated 2016 Incentive Award Plan

Filed herewith

 

 

 
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