S-8

As filed with the U.S. Securities and Exchange Commission on May 5, 2021

Registration No. 333-

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

CABOT CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   04-2271897

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

Two Seaport Lane

Suite 1400

Boston, MA

  02210
(Address of principal executive offices)   (Zip Code)

Cabot Corporation Amended and Restated 2017 Long-Term Incentive Plan

(Full title of the plan)

Karen Kalita, Esq.

Senior Vice President and General Counsel

Cabot Corporation

Two Seaport Lane

Suite 1400

Boston, MA 02210

(Name and address of agent for service)

617-345-0100

(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 checkmark 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)(2)

 

Proposed

Maximum

Offering Price

per Share

 

Proposed

Maximum

Aggregate

Offering Price

 

Amount of

Registration Fee

Common Stock, Par Value $1.00 per share

  3,633,766 shares   $55.64 (3)   $202,182,740 (3)   $22,058

 

 

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, this registration statement also covers such additional shares of Common Stock as may become issuable under the Cabot Corporation Amended and Restated 2017 Long-Term Incentive Plan (the “Amended 2017 Plan”) to prevent dilution from stock splits, stock dividends and similar transactions.

(2)

Includes (i) 3,250,000 shares of Common Stock newly authorized for issuance under the Amended 2017 Plan and (ii) 383,766 shares of Common Stock subject to awards under the Cabot Corporation 2009 Long-Term Incentive Plan that are issuable under the Amended 2017 Plan to the extent such awards expire or are terminated, surrendered or canceled without the delivery of any shares of Common Stock, or are forfeited or reacquired by the registrant.

(3)

Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) of the Securities Act of 1933, as amended, and based upon the average of the high and low prices of the Common Stock as reported on the New York Stock Exchange on April 30, 2021.

 

 

 


EXPLANATORY NOTE

This Registration Statement on Form S-8 is being filed for the purpose of registering an additional 3,633,766 shares of Common Stock issuable pursuant to the Amended 2017 Plan, which represents (i) 3,250,000 shares of Common Stock newly authorized for issuance under the Amended 2017 Plan and (ii) 383,766 shares of Common Stock subject to awards under the Cabot Corporation 2009 Long-Term Incentive Plan that are issuable under the Amended 2017 Plan to the extent such awards expire or are terminated, surrendered or canceled without the delivery of any shares of Common Stock, or are forfeited or reacquired by the registrant.

Pursuant to General Instruction E to Form S-8, Cabot Corporation (the “Registrant”) incorporates by reference, except to the extent supplemented, amended or superseded by the information set forth herein, into this Registration Statement the entire contents of its Registration Statement on Form S-8 (File No. 333-216707) filed with the Securities and Exchange Commission on March 15, 2017.

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 5. Interests of Named Experts and Counsel.

Karen Kalita, the Registrant’s Senior Vice President and General Counsel, has opined as to the legality of the issuance of the Common Stock being registered under this Registration Statement. At the time of rendering her opinion, Ms. Kalita had a substantial interest in the Registrant, as defined by the rules of the Commission, in that the fair market value of the shares of Common Stock she owned or that were issuable to her upon her exercise of options to acquire Common Stock, exceeded $50,000. It is anticipated that additional shares, stock options and other equity awards will be issued to Ms. Kalita pursuant to the Amended 2017 Plan and under other employee benefit plans of the Registrant.

Item 8. Exhibits.

 

Exhibit
Number
  

Document Description

4.1    Restated Certificate of Incorporation of Cabot Corporation effective January  9, 2009 (incorporated herein by reference to Exhibit 3.1 of Cabot’s Quarterly Report on Form 10-Q for the quarterly period ended December  31, 2008, File No. 1-5667, filed with the Securities and Exchange Commission on February 9, 2009).
4.2    The By-laws of Cabot Corporation as amended January  8, 2021 (incorporated herein by reference to Exhibit 3.1 of Cabot’s Corporation’s Current Report on Form 8-K, File No.  1-5667, filed with the Securities and Exchange Commission on January 12, 2021).
4.3†    Cabot Corporation Amended and Restated 2017 Long-Term Incentive Plan (incorporated herein by reference to Exhibit 10.1 of Cabot Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2021, File No. 1-5667, filed with the Securities and Exchange Commission on May 5, 2021).
5.1*    Opinion of Karen Kalita, Senior Vice President and General Counsel.
23.1*    Consent of Deloitte & Touche LLP.
23.2*    Consent of Karen Kalita, Senior Vice President and General Counsel (included in Exhibit 5.1).
24.1*    Power of Attorney (included on the signature page of this registration statement).

 

*

Filed herewith

Management contract or compensatory plan or arrangement


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 Boston, Massachusetts on this 5th day of May, 2021.

 

CABOT CORPORATION
By:  

/s/Sean D. Keohane

  Sean D. Keohane
  President and Chief Executive Officer

POWER OF ATTORNEY AND SIGNATURES

Each person whose signature appears below appoints Karen Kalita and Jane A. Bell, and each of them, severally, as his or her true and lawful attorney or attorneys-in-fact and agent or agents, each of whom shall be authorized to act with or without the other, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead in his or her capacity as a director or officer or both, as the case may be, of Cabot Corporation, to sign any and all amendments (including post-effective amendments) to this registration statement and all documents or instruments necessary or appropriate to enable Cabot Corporation to comply with the Securities Act of 1933, as amended, and to file the same with the Securities and Exchange Commission, with full power and authority to each of said attorneys-in-fact and agents to do and perform in the name and on behalf of each such director or officer, or both, as the case may be, each and every act whatsoever that is necessary, appropriate or advisable in connection with any or all of the above-described matters and 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 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/ Sean D. Keohane

Sean D. Keohane

  

President, Chief Executive Officer and Director (Principal executive officer)

   May 5, 2021

/s/ Erica McLaughlin

Erica McLaughlin

  

Senior Vice President and Chief Financial Officer (Principal financial officer)

   May 5, 2021

/s/ Lisa M. Dumont

Lisa M. Dumont

  

Vice President and Controller (Principal accounting officer)

   May 5, 2021

/s/ Sue H. Rataj

Sue H. Rataj

  

Director, Non-Executive Chair of the Board

   May 5, 2021

/s/ Cynthia A. Arnold

Cynthia A. Arnold

  

Director

   May 5, 2021

/s/ Douglas G. Del Grosso

Douglas G. Del Grosso

  

Director

   May 5, 2021


/s/ Juan Enriquez

Juan Enriquez

  

Director

   May 5, 2021

/s/ William C. Kirby

William C. Kirby

  

Director

   May 5, 2021

/s/ Michael M. Morrow

Michael M. Morrow

  

Director

   May 5, 2021

/s/ Frank A. Wilson

Frank A. Wilson

  

Director

   May 5, 2021

/s/ Matthias L. Wolfgruber

Matthias L. Wolfgruber

  

Director

   May 5, 2021

/s/ Christine Y. Yan

Christine Y. Yan

  

Director

   May 5, 2021
EX-5.1

Exhibit 5.1

May 5, 2021

Cabot Corporation

Two Seaport Lane

Suite 1400

Boston, MA 02210

 

  Re:

Cabot Corporation Amended and Restated 2017 Long-Term Incentive Plan

Ladies and Gentlemen:

I am Senior Vice President and General Counsel of Cabot Corporation, a Delaware corporation (the “Company”), and have represented the Company in connection with the preparation and filing with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933 (the “Act”) of a Registration Statement on Form S-8 (the “Registration Statement”) relating to up to 3,633,766 shares (the “Shares”) of the Company’s common stock, par value $1.00 per share, issuable pursuant to the Cabot Corporation Amended and Restated 2017 Long-Term Incentive Plan (the “Plan”).

I have examined the Company’s Restated Certificate of Incorporation and By-Laws, as amended to date, and originals, or copies certified or otherwise identified to my satisfaction, of corporate records of the Company, including minute books of the Company, certificates of public officials and of representatives of the Company, statutes and other instruments or documents, as a basis for the opinion hereinafter expressed. In making my examination, I have assumed that all signatures on all documents examined by me are genuine, that all documents submitted to me as originals are accurate and complete, that all documents submitted to me as copies are true and correct copies of the originals thereof and that all information submitted to me was accurate and complete.

Based on the foregoing, and subject to the assumptions, limitations and qualifications set forth herein, I am of the opinion that the Shares have been duly authorized and, upon delivery thereof in accordance with the terms and provisions of the Plan, the Shares will be validly issued, fully paid, and non-assessable.

This opinion is limited to the original issuance of Shares by the Company. It is understood that this opinion is to be used only in connection with the offer and sale of the Shares while the Registration Statement is in effect.

I am a member of the Massachusetts Bar and the opinion set forth above is limited in all respects to the laws of The Commonwealth of Massachusetts and the General Corporation Law of the State of Delaware.


I hereby consent to the filing of this opinion with the Commission in connection with the Registration Statement in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Act. In giving such consent, I do not thereby admit that I am in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission.

 

Very truly yours,

/s/ Karen A. Kalita

Karen A. Kalita
Senior Vice President and General Counsel
EX-23.1

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our reports dated November 25, 2020 relating to the consolidated financial statements of Cabot Corporation and the effectiveness of Cabot Corporation’s internal control over financial reporting, appearing in the Annual Report on Form 10-K of Cabot Corporation for the year ended September 30, 2020.

/s/ Deloitte & Touche LLP

Boston, Massachusetts

May 5, 2021