AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JUNE 4, 2002
REGISTRATION NO. 333-
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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GAIAM, INC.
(Exact Name of Registrant as Specified in Its Charter)
Colorado 84-111-35-27
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
360 Interlocken Blvd, Suite 300
Broomfield, Colorado 80021
(Address of Principal Executive Offices) (Zip Code)
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Gaiam, Inc. 1999 Long-Term Incentive Plan
(Full Title of Plan)
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Jirka Rysavy
Chief Executive Officer
Gaiam, Inc.
360 Interlocken Blvd
Broomfield, Colorado 80021
(303) 222-3600
(Name, Address and Telephone Number,
Including Area Code, of Agent For Service)
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CALCULATION OF REGISTRATION FEE
Title of Proposed Maximum
Securities Proposed Maximum Aggregate Amount of
to Be Amount to be Offering Price Offering Registration
Registered Registered (1) Per Share(2)(3) Price (2)(3) Fee (3)
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Class A
Common Stock 500,000 $14.54 $7,270,000 $668.84
(1) This Registration Statement registers an additional 500,000 shares of the
registrant's Class A common stock, par value $0.0001 per share (the "Common
Stock") under the Gaiam, Inc. 1999 Long Term Incentive Plan, under which
1,600,000 shares have previously been registered (SEC File No. 333-37700).
Pursuant to Rule 416, additional shares of Common Stock issuable pursuant
to the exercise of awards granted or to be granted under the plan in order
to prevent dilution resulting from any future stock split, stock dividend
or similar transaction are also being registered hereunder.
(2) Estimated solely for the purpose of calculating the registration fee.
(3) Calculated pursuant to Rule 457(c) and (h). Accordingly, the registration
fee is based on 500,000 shares of Common Stock reserved for issuance under
the plans, at a price per share of $14.54, which is the average of the
highest and lowest selling price per share of Common Stock on the Nasdaq
National Market on May 28, 2002.
On May 24, 2000, the Registrant filed a Registration Statement on Form
S-8 with the Securities and Exchange Commission (SEC File No. 333-37700)
relating to 2,100,000 shares of the Registrant's class A common stock to be
issued pursuant to the Gaiam, Inc, 1999 Long Term Incentive Plan (the
"Incentive Plan") and the Gaiam Inc. 1999 Employee Stock Purchase Plan, which
registration statement is currently effective. This Registration Statement
relates to securities to be issued under the Incentive Plan which are the same
class as those to which Registration Statement No 333-37700 relates. The
contents of Registration Statement No. 333-37700 are incorporated herein by
reference.
PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
Item 8. Exhibits.
Reference is made to the Exhibit Index that immediately precedes the
exhibits filed with this Registration Statement.
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
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 Broomfield, State of Colorado, on May 23, 2002.
GAIAM, INC.
By: /s/ Jirka Rysavy
Jirka Rysavy, Chief Executive Officer
POWER OF ATTORNEY
KNOW BY ALL MEN THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Jirka Rysavy and Lynn Powers, and each of
them, his true and lawful attorneys-in-fact and agents, with full power of
substitution and resubstitution for him and in his name, place and stead, 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, including,
without limitation, any registration statement filed pursuant to Rule 462 under
the Securities Act of 1933, as amended, 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 fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that each of said attorneys-in-fact and agents or any of them or
their or his 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 opposite their names.
Signature Title Date
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/s/ Jirka Rysavy Jirka Rysavy, Chairman of the Board
and Chief Executive Officer May 23, 2002
/s/ Lynn Powers Lynn Powers, President, Chief Operating
Officer and director May 23, 2002
/s/ James Argyropoulos James Argyropoulos, director May 23, 2002
/s/ Barnet Feinblum Barnet Feinblum, director May 23, 2002
/s/ Barbara Mowry Barbara Mowry, director May 23, 2002
Paul Ray, director May 23, 2002
/s/ Yudhister Bahl Yudhister Bahl, Chief Financial Officer
and principal accounting officer May 23, 2002
EXHIBIT INDEX
Exhibit No. Description
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5.1 Opinion of Bartlit Beck Herman Palenchar & Scott
23.1 Consent of Ernst & Young
23.2 Consent of Bartlit Beck Herman Palenchar & Scott
(included in Exhibit 5.1)
24.1 Power of Attorney, included on signature page
EXHIBIT 5.1
Bartlit Beck Herman Palenchar & Scott
1899 Wynkoop, Suite 800
Denver, Colorado 80202
May 23, 2002
Gaiam, Inc.
360 Interlocken Blvd.
Broomfield, Colorado 80021
Re: Registration Statement on Form S-8 Relating to 500,000 Shares
of Class A Common Stock of Gaiam, Inc. Available for Issuance
under the Gaiam, Inc. 1999 Long-Term Incentive Plan
Ladies and Gentlemen:
We have acted as counsel to Gaiam, Inc., a Colorado corporation (the "Company"),
in connection with the preparation of the Company's Registration Statement on
Form S-8 filed with the Securities and Exchange Commission (the "Registration
Statement") covering the registration of up to 500,000 shares of the Company's
Class A common stock, $0.0001 par value per share (the "Shares") issuable
pursuant to the Company's 1999 Long-Term Incentive Plan (the "Long-Term
Incentive Plan").
In connection with this opinion, we have examined and relied upon the
Registration Statement and the related prospectuses, the Long-Term Incentive
Plan, the Company's Articles of Incorporation and Bylaws, and the originals or
copies certified to our satisfaction of such records, documents, certificates,
memoranda and other instruments as in our judgment are necessary or appropriate
to enable us to render the opinion expressed below. We have assumed the
genuineness and authenticity of all documents submitted to us as originals, the
conformity to originals of all documents submitted to us as copies thereof and
the due execution and delivery of all documents where due execution and delivery
are a prerequisite to the effectiveness thereof.
Based upon the foregoing and subject to the assumptions, qualifications,
limitations and exceptions set forth herein, we are of the opinion that,
assuming that the Registration Statement shall have become effective pursuant to
the provisions of the Securities Act of 1933, as amended, the Shares, when
issued and sold in accordance with the Long-Term Incentive Plan, the
Registration Statement and the applicable related prospectuses, will be legally
issued, fully paid and nonassessable.
We consent to the filing of this opinion as an exhibit to the Registration
Statement.
Very truly yours,
/s/ Bartlit Beck Herman Palenchar & Scott
EXHIBIT 23.1
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement
Form S-8 dated June 3, 2002) pertaining to the Gaiam, Inc. 1999 Long Term
Incentive Plan, of our reports dated February 18, 2002, with respect to the
consolidated financial statements and schedule of Gaiam, Inc. included in its
Annual Report (Form 10-K) for the year ended December 31, 2001, filed with the
Securities and Exchange Commission.
/s/ Ernst & Young, LLP
Denver, Colorado
June 3, 2002