As Filed with the Securities and Exchange Commission on May 8, 2013

Registration No. 333-              

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM S-8

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

GENERAL COMMUNICATION, INC.

(Exact name of registrant as specified in its charter)

 

ALASKA

 

92-0072737

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)

 

2550 Denali Street, Suite 1000, Anchorage, Alaska 99503-2781

(Address of Principal Executive Offices)(zip code)

 

GCI 401(k) Plan

(Full title of the plan)

 

John M. Lowber

General Communication, Inc.

2550 Denali Street, Suite 1000, Anchorage, Alaska  99503-2781

(Name and address of agent for service)

 

907.868.5600

(Telephone number, including area code, of agent for service)

 

Copy to: Julius J. Brecht

Wohlforth, Brecht, Cartledge & Brooking, A Professional Corporation

900 West 5th Avenue, Suite 600, Anchorage, Alaska  99501

907.276.6401

 

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.

 

Large accelerated filer o

 

Accelerated filer x

Non-accelerated filer o (Do not check if a smaller reporting company)

 

Smaller reporting company o

 

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

 

Amount of
registration fee(2)

 

General Communication, Inc.
Common Stock
Class A

 

5,000,000

 

$

9.583

 

$

47,915,000

 

$

6,535.60

 

(1)  In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this Registration Statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan described below.

 

(2)   Estimated solely for the purpose of calculating the amount of the registration fee in accordance with Rule 457 and based upon the average of the high and low prices of $9.805 per share and $9.361 per share, respectively, i.e., an average of $9.583 per share, as quoted on the Nasdaq Stock Market on May 2, 2013.

 

 

 



 

PART I

 

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

 

Item 1. Plan Information

 

The contents of the initial registration statement pertaining to the General Communication, Inc. Qualified Employee Stock Purchase Plan (since renamed, revised and restated as the GCI 401(k) Plan and, hereafter, “Plan”) filed with the Securities and Exchange Commission on Form S-8 on April 5, 1993 (Registration No. 33-60728), the subsequent registration of additional shares filed with the Commission on Form S-8 on September 27, 1995 (Registration No. 333-8760), on November 6, 1998 (Registration No. 333-66877), on September 1, 2000 (Registration No. 333-45054), on June 25, 2003 (Registration No. 333-106453), on August 7, 2008 (Registration No. 333-152857), and on April 2, 2010 (Registration No. 333-165878), and the Company’s annual report on Form 10-K for the year ended December 31, 2012, and the Plan’s annual report on Form 11-K for the year ended December 31, 2011, all other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act of 1934 since December 31, 2011, and the description of the Company’s common stock as contained in the Form 10, as amended, filed pursuant to that act are incorporated by reference into this Registration Statement.  Required opinions, consents and signatures are included in this Registration Statement in accordance with the provisions of Form S-8.

 

Item 2.  Registrant Information and Employee Plan Annual Information

 

See Item 1.

 



 

PART II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

Item 3.  Incorporation of Documents by Reference

 

See Item 1.

 

Item 4.  Description of Securities

 

See Item 1.

 

Item 5.  Interests of Named Experts and Counsel

 

See Item 1.

 

Item 6.  Indemnification of Directors and Officers

 

See Item 1.

 

Item 7.  Exemption from Registration Claimed

 

See Item 1.

 

Item 8.  Exhibits

 

See Exhibit Index and Exhibits at the end of this Registration Statement.

 

Item 9.  Undertakings

 

See Item 1.

 

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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 Municipality of Anchorage, State of Alaska, as of May 8, 2013.

 

 

 

GENERAL COMMUNICATION, INC.

 

 

(Registrant)

 

 

 

 

 

 

 

 

By:

/s/ Ronald A. Duncan

 

By:

/s/ John M. Lowber

 

     Ronald A. Duncan

 

 

     John M. Lowber

 

     President, Chief

 

 

     Senior Vice President,

 

     Executive Officer

 

 

     Chief Financial Officer

 

     (Principal Executive Officer)

 

 

     (Principal Financial Officer)

 

 

 

 

 

 

 

 

 

 

By:

/s/ Lynda L. Tarbath

 

 

 

     Lynda L. Tarbath

 

 

 

     Vice President, Chief Accounting Officer

 

 

 

     (Principal Accounting Officer)

 

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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:

 

 

/s/ Ronald A. Duncan

 

May 8, 2013

Ronald A. Duncan

 

Date

President, Chief Executive Officer and Director

 

 

(Principal Executive Officer)

 

 

 

 

 

 

 

 

/s/ Stephen M. Brett

 

April 26, 2013

Stephen M. Brett

 

Date

Chairman of the Board and Director

 

 

 

 

 

 

 

 

/s/ Jerry A. Edgerton

 

April 26, 2013

Jerry A. Edgerton

 

Date

Director

 

 

 

 

 

 

 

 

/s/ Scott M. Fisher

 

April 26, 2013

Scott M. Fisher

 

Date

Director

 

 

 

 

 

 

 

 

/s/ William P. Glasgow

 

April 26, 2013

William P. Glasgow

 

Date

Director

 

 

 

 

 

 

 

 

/s/ Mark W. Kroloff

 

April 30, 2013

Mark W. Kroloff

 

Date

Director

 

 

 

 

 

 

 

 

/s/ Stephen R. Mooney

 

April 26, 2013

Stephen R. Mooney

 

Date

Director

 

 

 

 

 

 

 

 

/s/ James M. Schneider

 

April 30, 2013

James M. Schneider

 

Date

Director

 

 

 

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The Plan.  Pursuant to the requirements of the Securities Act of 1933, the Plan has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the Municipality of Anchorage, State of Alaska, as of May 8, 2013.

 

 

GCI 401(k) PLAN

 

 

 

By:

General Communication, Inc.

 

 

Plan Administrator

 

 

 

Through Its Authorized Representatives for the Plan:

 

 

 

 

 

By:

/s/ John M. Lowber

 

 

     John M. Lowber

 

 

 

 

 

 

 

By:

/s/ Peter Pounds

 

 

     Peter Pounds

 

 

 

 

 

 

 

By:

/s/ Lynda Tarbath

 

 

     Lynda Tarbath

 

II-4



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

4

 

Instruments

 

 

 

4.1(1)

 

Restated Articles of Incorporation of General Communication, Inc.

 

 

 

4.2(2)

 

Bylaws of General Communication, Inc.

 

 

 

4.3.1

 

Certificate of Secretary on copy of revised and restated GCI 401(k) Plan, effective as of September 24, 2012 (“Plan”) with the attached Plan (as displayed in Exhibit 4.3.1A and 4.3.1B)

 

 

 

4.3.2

 

Certificate of Secretary on action by Board of Directors at its April 26, 2013 meeting adopting a resolution authorizing a 5 million share increase of the allocation of common stock for requisition by the Plan (as displayed in Exhibit 4.3.2A)

 

 

 

4.5.1

 

IRS Determination on Volume Submitter Profit Sharing Plan with CODA Issued To Fidelity Management & Research Co., dated March 31, 2008

 

 

 

5

 

Opinion re legality

 

 

 

5.1

 

Opinion on Legality of Shares, dated May 8, 2013

 

 

 

15

 

None

 

 

 

23

 

Consents of experts independent auditors and counsel

 

 

 

23.1

 

Consent of Wohlforth, Brecht, Cartledge and Brooking, A Professional Corporation

 

 

 

23.2

 

Consent of Grant Thornton LLP

 

 

 

24

 

None

 

 

 

99

 

Additional Exhibits

 

II-5



 

99.1

 

Certificate of Secretary on Board of Directors action by resolution adopted at its June 25, 2012 meeting appointing new Plan Administrator and members of Plan Committee, and copy of resolution (as displayed in Exhibit 99.1A)

 


(1)                                 Incorporated by reference and previously filed with the SEC as an exhibit to the Company’s annual report on Form 10-K for the year ended December 31, 2007.

 

(2)                                 Incorporated by reference and previously filed with the SEC as an exhibit to the Company’s annual report on Form 10-Q for the quarter ended September 30, 2007.

 

II-6