S-8
As filed with the Securities and Exchange Commission on March 6, 2009
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
DTE Energy Company
(Exact name of the registrant as specified in its charter)
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Michigan |
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38-3217752 |
(State or other jurisdiction of |
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(I.R.S. Employer Identification Number) |
incorporation or organization) |
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One Energy Plaza
Detroit, Michigan 48226-1279
(Address of registrants principal executive offices)
DTE Energy Company Savings and Stock Ownership Plan
MichCon Investment and Stock Ownership Plan
Detroit Edison Company Savings & Stock Ownership Plan
for Employees Represented by Local 17
of the International Brotherhood of Electrical Workers
Detroit Edison Company Savings & Stock Ownership Plan
for Employees Represented by Local 223
of the Utility Workers Union of America
(Full title of the plans)
Sandra Kay Ennis
DTE Energy Company
One Energy Plaza
Detroit, Michigan 48226-1279
(313) 235-4000
(Name, address, and telephone number,
including area code, of agent for service)
Copies to:
Anthony G. Morrow
DTE Energy Company
One Energy Plaza
Detroit, Michigan 48226-1279
(313) 235-4000
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. (Check one):
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Large accelerated filer þ |
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Accelerated filer o |
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Non-accelerated filer o
(Do not check if a smaller reporting company) |
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Smaller Reporting Company o |
CALCULATION OF REGISTRATION FEE
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Title of each class of |
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Amount to be |
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Proposed maximum |
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Proposed maximum |
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Amount of |
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securities to be registered |
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registered1 |
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offering price per unit2 |
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aggregate offering price |
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registration fee |
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Common
Stock (without par value) |
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10,000,000 |
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$ |
23.96 |
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$ |
239,600,000 |
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$ |
9,416.28 |
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(1) |
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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 plans described herein. |
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(2) |
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Calculated pursuant to Rule 457(c) under the Securities Act of 1933, based on the
average high and low prices reported on the New York Stock Exchange
on March 5, 2009. |
TABLE OF CONTENTS
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
As permitted by Rule 428 under the Securities Act of 1933, this Registration Statement omits the
information specified in Part I of Form S-8. The documents containing the information specified in
Part I will be delivered to the participants in the plans covered by this Registration Statement,
as required by Rule 428(b). Such documents are not being filed with the Securities and Exchange
Commission as part of this Registration Statement or as prospectuses or prospectus supplements
pursuant to Rule 424 of the Securities Act of 1933, as amended.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents, as filed with the Securities and Exchange Commission, are incorporated
herein by reference:
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Annual Report on Form 10-K for the year ended December 31, 2008; |
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Annual Report for each of the Plans on Form 11-K for the year ended December 31, 2007; |
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Current Reports on Form 8-K filed on January 27 and March 4, 2009, and on Form 8-K/A
filed on March 5, 2009; and |
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Description of DTE Energy Company common stock on Form 8-B, filed on January 2, 1996. |
All documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the
Securities Exchange Act of 1934, after the date of this Registration Statement and prior to the
filing of a post-effective amendment which indicates that all securities offered have been sold or
which deregisters all such securities remaining unsold, shall be deemed to be incorporated by
reference herein and to be a part hereof from the date of filing such documents.
Any statement contained in this Registration Statement, or 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 other
subsequently filed document which also is incorporated or 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.
Item 5. Interests of Named Experts and Counsel.
Legal matters in connection with the validity of the common stock offered under the Plans
identified on the cover page of this Registration Statement (the Plans) have been passed upon for
DTE Energy Company (DTE Energy) by Patrick B. Carey, Associate General Counsel of DTE Energy. Mr.
Carey beneficially owns and holds options to purchase DTE Energy common stock and is eligible to
participate in one or more of the Plans.
Item 6. Indemnification of Directors and Officers.
(a) Indemnification. The DTE Energy Company Amended and Restated Articles of Incorporation
provide that, to the fullest extent permitted by the Michigan Business Corporation Act (the MBCA)
or any other applicable law, no director of DTE Energy Company (DTE Energy) shall be personally
liable to DTE Energy or its shareholders for or with respect to any acts or omissions in the
performance of his or her duties as a director of DTE Energy.
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DTE Energys articles of incorporation further state that each person who is or was or had
agreed to become a director or officer of DTE Energy, or each such person who is or was serving or
who had agreed to serve at the request of DTE Energys board of directors as an employee or agent
of DTE Energy or as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise (including the heirs, executors, administrators or estate
of such person), shall be indemnified by DTE Energy to the fullest extent permitted by the MBCA or
by any other applicable law. DTE Energys articles of incorporation further state that DTE Energy
may enter into one or more agreements with any person, which agreements provide for indemnification
greater or different than that provided in the articles of incorporation.
Section 209(1)(c) of the MBCA permits a corporation to eliminate or limit a directors
liability to the corporation or its shareholders for money damages for any action taken or any
failure to take action as a director, except liability for (1) the amount of financial benefit
received by a director to which he or she is not entitled; (2) the intentional infliction of harm
on the corporation or the shareholders; (3) a violation of Section 551 of the MBCA, dealing with
unlawful distributions; or (4) an intentional criminal act.
Sections 561 and 562 of the MBCA permit a corporation to indemnify its directors and officers
against expenses (including attorneys fees), judgments, fines and amounts paid in settlement
actually and reasonably incurred by them in connection with any action, suit or proceeding brought
by third parties, if such directors or officers acted in good faith and in a manner they reasonably
believed to be in or not opposed to the best interests of the corporation and, with respect to any
criminal action or proceeding, had no reasonable cause to believe their conduct was unlawful. In a
derivative action, i.e., one by or in the right of the corporation, indemnification may be made for
expenses actually and reasonably incurred by directors and officers in connection with the defense
or settlement of an action or suit, but only with respect to a matter as to which they have acted
in good faith and in a manner they reasonably believed to be in or not opposed to the best
interests of the corporation, except that no indemnification will be made if such person will have
been found liable to the corporation, unless and only to the extent that the court in which the
action or suit was brought will determine upon application that the defendant officers or directors
are fairly and reasonably entitled to indemnity for such expenses despite such adjudication of
liability.
Section 563 of the MBCA provides that a director or officer who has been successful on the
merits or otherwise in defense of an action, suit or proceeding referred to in Sections 561 and
562, or in defense of a claim, issue or matter in the action, suit, or proceeding shall be
indemnified against actual and reasonable expenses, including attorneys fees, incurred by him or
her in connection with the action, suit or proceeding, or proceeding brought to enforce this
mandatory indemnification.
(b) Insurance. DTE Energy (with respect to indemnification liability) and its directors and
officers (in their capacities as such) are insured against liability for wrongful acts (to the
extent defined) under eight insurance policies providing aggregate coverage for DTE Energy and its
affiliates in the amount of $185 million.
Item 8. Exhibits.
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Exhibit |
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Description |
*4.1
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Amended and Restated Articles of Incorporation of DTE Energy dated December 13, 1995
(incorporated herein by reference to Exhibit 3-5 to DTE Energys Form 10-Q for the
quarter ended September 30, 1997 (File No. 1-11607)). |
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*4.2
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Bylaws of DTE Energy, as amended through February 24, 2005 (incorporated herein by
reference to Exhibit 3.1 to DTE Energys Form 8-K dated February 24, 2005 (File No.
1-11607)). |
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5.1
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Opinion and Consent of Patrick B. Carey, Esq., Associate General Counsel of DTE Energy. |
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23.1
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Consent of Deloitte & Touche LLP. |
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23.2
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Consent of George Johnson & Company. |
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23.3
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Consent of Patrick B. Carey, Esq., Associate General Counsel of DTE Energy (included
in the opinion filed as Exhibit 5.1 to this Registration Statement). |
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Exhibit |
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Description |
24.1 |
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Directors Power of Attorney. |
Item 9. Undertakings.
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(a) |
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The undersigned registrant hereby undertakes: |
(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities
Act of 1933; and
(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental
change in the information set forth in the registration statement; and
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material
change to such information in the registration statement;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if
the information required to be included in a post-effective amendment by those paragraphs is
contained in reports filed with or furnished to the Commission by the registrant pursuant to
section 13 or section 15(d) of the Securities Exchange Act of 1934 that are incorporated by
reference in the registration statement.
(2) That, for the purpose of determining any liability under the Securities Act of
1933, each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the
securities being registered that remain unsold at the termination of the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of DTE Energys annual report, pursuant to
Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each
filing of an employee benefit plans annual report pursuant to Section 15(d) of the Securities
Exchange Act of 1934) that is incorporated by reference in the registration statement shall be
deemed to be a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred or paid by a
director, officer or controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a
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court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
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SIGNATURES
The Plans. Pursuant to the requirements of the Securities Act of 1933, the trustees (or other
persons who administer the employee benefit plan) have duly caused this registration statement to
be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Detroit,
State of Michigan, on the 5th day of February, 2009.
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DTE ENERGY COMPANY SAVINGS AND STOCK OWNERSHIP PLAN (Plan) |
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By: /s/ Larry Steward |
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Larry Steward, Chairman |
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DTE Energy Benefit Plan |
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Administration Committee, |
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Plan Administrator |
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MICHCON INVESTMENT AND STOCK OWNERSHIP PLAN
(Plan) |
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By: /s/ Larry Steward |
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Larry Steward, Chairman |
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DTE Energy Benefit Plan |
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Administration Committee, |
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Plan Administrator |
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DETROIT EDISON COMPANY SAVINGS & STOCK
OWNERSHIP PLAN FOR EMPLOYEES REPRESENTED BY
LOCAL 17 OF THE INTERNATIONAL BROTHERHOOD OF
ELECTRICAL WORKERS
(Plan) |
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By: /s/ Larry Steward |
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Larry Steward, Chairman |
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DTE Energy Benefit Plan |
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Administration Committee, |
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Plan Administrator |
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DETROIT EDISON COMPANY SAVINGS & STOCK
OWNERSHIP PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 223 OF THE UTILITY WORKERS UNION OF AMERICA
(Plan) |
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By: /s/ Larry Steward |
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Larry Steward, Chairman |
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DTE Energy Benefit Plan |
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Administration Committee, |
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Plan Administrator |
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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 City of Detroit, State of Michigan, on the 5th
day of February, 2009.
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DTE ENERGY COMPANY |
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(Registrant) |
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By: |
/s/ Anthony F. Earley, Jr. |
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Anthony F. Earley, Jr. |
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Chairman of the Board
and Chief Executive 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.
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Signature |
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Date |
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/s/ Anthony F. Early, Jr. |
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Director, Chairman of the |
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February 5, 2009 |
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Board and Chief Executive Officer
(Principal Executive Officer) |
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/s/ David E. Meador |
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Executive Vice President and |
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February 5, 2009 |
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Chief Financial Officer
(Principal Financial Officer) |
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/s/ Peter B. Oleksiak |
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Vice President and Controller
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February 5, 2009 |
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(Principal Accounting Officer) |
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Director |
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February 5, 2009 |
Lillian Bauder |
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Director |
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February 5, 2009 |
W. Frank Fountain |
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Director |
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February 5, 2009 |
Allan D. Gilmour |
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Director |
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February 5, 2009 |
Alfred R. Glancy III |
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Director |
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February 5, 2009 |
Frank M. Hennessey |
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Director |
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February 5, 2009 |
John E. Lobbia |
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Signature |
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Date |
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Director |
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February 5, 2009 |
Gail J. McGovern |
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Director |
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February 5, 2009 |
Eugene A. Miller |
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/s/ Charles W. Pryor, Jr.
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Director |
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February 5, 2009 |
Charles W. Pryor, Jr. |
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Director |
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February 5, 2009 |
Josue Robles, Jr. |
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Director |
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February 5, 2009 |
Ruth G. Shaw |
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/s/ James H. Vandenberghe
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Director |
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February 5, 2009 |
James H. Vandenberghe |
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INDEX TO EXHIBITS
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Exhibit |
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Number |
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Description |
*4.1 |
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Amended and Restated Articles of Incorporation of DTE Energy dated December 13, 1995
(incorporated herein by reference to Exhibit 3-5 to DTE Energys Form 10-Q for the
quarter ended September 30, 1997 (File No. 1-11607)). |
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*4.2 |
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Bylaws of DTE Energy, as amended through February 24, 2005 (incorporated herein by
reference to Exhibit 3.1 to DTE Energys Form 8-K dated February 24, 2005 (File No.
1-11607)). |
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5.1 |
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Opinion and Consent of Patrick B. Carey, Esq., Associate General Counsel of DTE Energy. |
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23.1 |
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Consent of Deloitte & Touche LLP. |
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23.2 |
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Consent of George Johnson & Company. |
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23.3 |
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Consent of Patrick B. Carey, Esq., Associate General Counsel of DTE Energy (included
in the opinion filed as Exhibit 5.1 to this Registration Statement). |
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24.1 |
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Directors Power of Attorney. |
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