As filed with the Securities and Exchange Commission on August 7, 2017.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
ATARA BIOTHERAPEUTICS, INC.
(Exact name of Registrant as specified in its charter)
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Delaware |
2836 |
46-0920988 |
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(State or other jurisdiction of |
(Primary Standard Industrial |
(I.R.S. Employer |
611Gateway Blvd., Suite 900
South San Francisco, CA 94080
(650) 278-8930
(Address, including zip code and telephone number, of Registrant’s principal executive offices)
Atara Biotherapeutics, Inc. Amended and Restated 2014 Equity Incentive Plan
Atara Biotherapeutics, Inc. 2014 Employee Stock Purchase Plan
Isaac E. Ciechanover, M.D.
Chief Executive Officer
611 Gateway Blvd., Suite 900
South San Francisco, CA 94080
(650) 278-8930
(Name, address, including zip code and telephone number, including area code, of agent for service)
Copies to:
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Heather D. Turner General Counsel 701 Gateway Blvd., Suite 200 South San Francisco, CA 94080 (650) 278-8930 |
Kenneth L. Guernsey Jodie M. Bourdet Carlton Fleming Cooley LLP 101 California St., #5 San Francisco, California 94111 (415) 693-2000 |
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.
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Large accelerated filer ☐ |
Accelerated filer ☒ |
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Non-accelerated filer ☐ (Do not check if a smaller reporting company) |
Smaller reporting company ☐ |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934.
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
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Title of Securities to be Registered |
Amount to be Registered (1) |
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Proposed Maximum Offering Price per Share |
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Proposed Maximum Aggregate Offering Price |
Amount of Registration Fee |
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Common Stock, $0.0001 par value per share |
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– Non-Plan Inducement Grant Stock Option Grant |
130,000 |
(2) |
$14.30 |
(3) |
$1,859,000 |
$216 |
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– Atara Biotherapeutics, Inc. Amended and Restated 2014 Equity Incentive Plan |
1,446,670 |
(4) |
$14.94 |
(5) |
$21,613,250 |
$2505 |
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– Atara Biotherapeutics, Inc. 2014 Employee Stock Purchase Plan |
230,769 |
(6) |
$14.94 |
(5) |
$3,447,689 |
$400 |
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Total |
1,807,439 |
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$26,919,939 |
$3,121 |
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(1) |
Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended, or the Securities Act, this Registration Statement shall also cover any additional shares of Registrant’s common stock that become issuable under the plans set forth herein by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected that results in an increase to the number of outstanding shares of Registrant’s common stock, as applicable. |
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(2) |
Represents shares of common stock reserved for issuance upon the exercise of a stock option grant by the Registrant to Dr. Derrell Porter as a material inducement to his acceptance of employment with the Registrant in accordance with NASDAQ Listing Rule 5635(c)(4). |
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(3) |
Such shares are issuable upon exercise of an outstanding option with a fixed exercise price. Pursuant to Rule 457(h) of the Securities Act, the aggregate offering price and the fee have been computed upon the basis of the price at which the option may be exercised, which was the closing price of a share of Registrant’s common stock on May 10, 2017, the date of grant of such option, as reported on The NASDAQ Global Select Market. |
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(4) |
Represents shares of common stock that were automatically added to the shares authorized for issuance under the Registrant’s Amended and Restated 2014 Equity Incentive Plan, as amended (the “2014 Plan”), on January 1, 2017 pursuant to an “evergreen” provision contained in the 2014 Plan. Pursuant to such provision, the number of shares reserved for issuance under the 2014 Plan automatically increases on January 1 of each year, starting on January 1, 2015 and continuing through January 1, 2024 by 5% of the total number of shares of the Registrant’s capital stock outstanding on December 31st of the preceding calendar year, or a lesser number of shares determined by the Registrant’s board of directors. |
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(5) |
Estimated in accordance with Rules 457(c) and (h) solely for the purpose of calculating the registration fee on the basis of $14.94 per share, the average of the high and low prices of the Registrant’s common stock on August 3, 2017 as reported on the NASDAQ Global Select Market. |
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(6) |
Represents shares of common stock that were automatically added to the shares authorized for issuance under the Registrant’s 2014 Employee Stock Purchase Plan (the “2014 ESPP”) on January 1, 2017 pursuant to an “evergreen” provision contained in the 2014 ESPP. Pursuant to such provision, the number of shares reserved for issuance under the 2014 ESPP automatically increases on January 1st of each year, starting on January 1, 2015 and continuing through January 1, 2024 by the lesser of: (i) 1% of the total number of shares of the Registrant’s capital stock outstanding on December 31st of the preceding calendar year, (ii) 230,769 shares, or (iii) such lesser number of shares determined by the Registrant’s board of directors. |
Atara Biotherapeutics, Inc. (the “Registrant”) is filing this Registration Statement on Form S-8 for the purpose of registering (a) 130,000 shares of Common Stock granted to Derrell Porter on May 10, 2017 to induce him to accept employment as Senior Vice President and Global Commercial Head of the Registrant (the “Inducement Award”), (b) an additional 1,446,670 shares of Common Stock issuable to eligible persons under the Atara Biotherapeutics, Inc. Amended and Restated 2014 Equity Incentive Plan, which Common Stock is in addition to the shares of Common Stock registered on the Registrant’s Form S-8 filed on October 21, 2014 (File No. 333-199508), Form S-8 filed on May 12, 2015 (File No. 333-204076), Form S-8 filed on March 4, 2016 (File No. 333-209961) and Form S-8 filed on November 4, 2016 (File No. 333-214431), and (c) an additional 230,769 shares of Common Stock issuable to eligible persons under the Atara Biotherapeutics, Inc. 2014 Employee Stock Purchase Plan, which Common Stock is in addition to the shares of Common Stock registered on the Registrant’s Form S-8 October 21, 2014 (File No. 333-199508), Form S-8 filed on May 12, 2015 (File No. 333-204076) and Form S-8 filed on March 4, 2016 (File No. 333-209961). The Inducement Award was approved by the Registrant’s Board of Directors in reliance on the employment inducement exception to shareholder approval under NASDAQ Listing Rule 5635(c)(4), and therefore, was not granted under the Registrant’s shareholder-approved 2014 Plan.
PART II
ITEM 3.INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The following documents filed by the Registrant with the SEC are incorporated by reference into this Registration Statement:
(a)The contents of the earlier registration statements on Form S-8 relating to the 2014 Plan and 2014 ESPP, previously filed with the SEC on October 21, 2014 (File No. 333-199508), May 12, 2015 (File No. 333-204076), March 4, 2016 (File No. 333-209961) and November 4, 2016 (File No. 333-214431).
(b)The Registrant’s Annual Report on Form 10-K for the year ended December 31, 2016, which includes audited financial statements for the Registrant’s latest fiscal year, filed with the SEC on March 9, 2017.
(c)The Registrants Quarterly Report on Form 10-Q for the quarterly periods ended March 31, 2017 and June 30, 2017, filed with the SEC on May 4, 2017 and August 7, 2017, respectively.
(d)The Registrant’s Current Reports on Form 8-K filed with the SEC on February 7, 2017, February 10, 2017, March 27, 2017, April 20, 2017, and June 8, 2017.
(e)The description of the Registrant’s common stock which is contained in a registration statement on Form 8-A filed on July 16, 2014 (File No. 001-36548) under the Exchange Act of 1934, as amended, or the Exchange Act, including any amendment or report filed for the purpose of updating such description.
(f)All other reports and documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act (other than Current Reports furnished under Item 2.02 or Item 7.01 of Form 8-K and exhibits furnished on such form that relate to such items) on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such reports and documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
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Exhibit |
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4.1 (1) |
Amended and Restated Certificate of Incorporation of Atara Biotherapeutics, Inc. |
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4.2 (2) |
Amended and Restated Bylaws of Atara Biotherapeutics, Inc. |
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4.3 (3) |
Form of common stock certificate. |
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5.1 |
Opinion of Cooley LLP. |
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23.1 |
Consent of Cooley LLP (included in Exhibit 5.1). |
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23.2 |
Consent of Deloitte & Touche LLP, independent registered public accounting firm. |
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24.1 |
Power of Attorney (included on the signature page of this Form S-8). |
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99.1 (4) |
Atara Biotherapeutics, Inc. Amended and Restated 2014 Equity Incentive Plan (the “2014 Plan”). |
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99.2 (5) |
Forms of Option Agreement and Option Grant Notice under the 2014 Plan. |
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99.3 (6) |
Form of Restricted Stock Unit Agreement and Restricted Stock Unit Grant Notice under the 2014 Plan. |
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99.4 (7) |
Atara Biotherapeutics, Inc. 2014 Employee Stock Purchase Plan. |
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99.5 (8) |
Forms of Inducement Grant Notice and Inducement Grant Agreement |
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(1) |
Filed as Exhibit 3.2 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(2) |
Filed as Exhibit 3.4 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(3) |
Filed as Exhibit 4.1 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on July 10, 2014, and incorporated herein by reference. |
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(4) |
Filed as Exhibit 10.2 to Registrant’s quarterly report on Form 10-Q for the quarterly period ended June 30, 2016, filed with the SEC on August 8, 2016, and incorporated by reference herein. |
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(5) |
Filed as Exhibit 10.2 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(6) |
Filed as Exhibit 10.3 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(7) |
Filed as Exhibit 10.8 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on July 10, 2014, and incorporated herein by reference. |
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(8) |
Filed as Exhibit 10.3 to Registrant’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2017, filed with the SEC on August 7, 2017, and incorporated herein by reference. |
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 South San Francisco, State of California, on this 7th day of August, 2017.
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Atara Biotherapeutics, Inc. |
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By: |
/s/ Isaac E. Ciechanover |
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Isaac E. Ciechanover, M.D. |
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Chief Executive Officer |
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Know All Persons By These Presents, that each person whose signature appears below constitutes and appoints Isaac E. Ciechanover and John F. McGrath, Jr., and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her and in his or her name, place or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to sign any registration statement for the same offering covered by this Registration Statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under the Securities Act, and all post-effective amendments thereto, and to file the same, with 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 and necessary to be done in and about the premises, as fully 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 their, 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, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
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Signature
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Title
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Date
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/s/ Isaac E. Ciechanover |
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Isaac E. Ciechanover, M.D. |
President and Chief Executive Officer |
August 7, 2017 |
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/s/ John F. McGrath, Jr. |
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John F. McGrath, Jr. |
Chief Financial Officer (principal financial and accounting officer) |
August 7, 2017 |
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/s/ Eric Dobmeier |
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Eric Dobmeier |
Director |
August 7, 2017 |
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/s/ Matthew K. Fust |
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Matthew K. Fust |
Director |
August 7, 2017 |
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/s/ Carol G. Gallagher |
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Carol G. Gallagher, Pharm.D. |
Director |
August 7, 2017 |
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/s/ William Heiden |
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William Heiden |
Director |
August 7, 2017 |
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/s/ Joel S. Marcus |
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Joel S. Marcus |
Director |
August 7, 2017 |
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/s/ Beth Seidenberg |
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Beth Seidenberg, M.D. |
Director |
August 7, 2017 |
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EXHIBIT INDEX
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Exhibit |
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4.1 (1) |
Amended and Restated Certificate of Incorporation of Atara Biotherapeutics, Inc. |
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4.2 (2) |
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4.3 (3) |
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5.1 |
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23.1 |
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23.2 |
Consent of Deloitte & Touche LLP, independent registered public accounting firm. |
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24.1 |
Power of Attorney (included on the signature page of this Form S-8). |
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99.1 (4) |
Atara Biotherapeutics, Inc. Amended and Restated 2014 Equity Incentive Plan (the “2014 Plan”). |
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99.2 (5) |
Forms of Option Agreement and Option Grant Notice under the 2014 Plan. |
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99.3 (6) |
Form of Restricted Stock Unit Agreement and Restricted Stock Unit Grant Notice under the 2014 Plan. |
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99.4 (7) |
Atara Biotherapeutics, Inc. 2014 Employee Stock Purchase Plan. |
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99.5 (8) |
Forms of Inducement Grant Notice and Inducement Grant Agreement |
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(1) |
Filed as Exhibit 3.2 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(2) |
Filed as Exhibit 3.4 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(3) |
Filed as Exhibit 4.1 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on July 10, 2014, and incorporated herein by reference. |
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(4) |
Filed as Exhibit 10.2 to Registrant’s quarterly report on Form 10-Q for the quarterly period ended June 30, 2016, filed with the SEC on August 8, 2016, and incorporated by reference herein. |
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(5) |
Filed as Exhibit 10.2 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(6) |
Filed as Exhibit 10.3 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on June 20, 2014, and incorporated herein by reference. |
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(7) |
Filed as Exhibit 10.8 to Registrant’s Registration Statement on Form S-1 (File No. 333-196936), filed with the SEC on July 10, 2014, and incorporated herein by reference. |
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(8) |
Filed as Exhibit 10.3 to Registrant’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2017, filed with the SEC on August 7, 2017, and incorporated herein by reference. |