As filed with the Securities and Exchange Commission on February 26, 2010

Registration No. 333-

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

FORM S-8

REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933

SurModics, Inc.

(Exact name of Registrant as specified in its charter)

Minnesota		41-1356149
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

9924 West 74th Street		55344
Eden Prairie, Minnesota		(Zip Code)
(Address of principal executive offices)

SURMODICS, INC. 1999 EMPLOYEE STOCK PURCHASE PLAN
(Full title of the plan)

Bryan K. Phillips
Vice President, General Counsel and Secretary
9924 West 74^th Street
Eden Prairie, Minnesota 55344
(Name and address of agent for service)

(952) 829-2700
(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 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):

Large accelerated filer: o		Accelerated filer: þ		Non-accelerated filer: o		Smaller reporting company: o
				(Do not check if a smaller reporting company)

Proposed

Title of

Amount

Maximum

Proposed Maximum

Amount of

Securities to

to be

Offering Price

Aggregate Offering

Registration

be Registered

Registered (1)

Per Share (2)

Price (2)

Fee

Common Stock,

200,000

$.05 par value

shares

$19.42

$3,884,000

$276.93

 

 

SURMODICS, INC.

EXPLANATORY NOTE

     This Registration Statement on Form S-8 is being filed for the purpose of registering an additional 200,000 shares of SurModics, Inc.’s (hereinafter the “Company” or the “Registrant”) Common Stock to be issued pursuant to the Registrant’s 1999 Employee Stock Purchase Plan (as amended and restated as of November 30, 2009) (the “Plan”). The Registration Statement previously filed with the Commission relating to the Plan (File No. 333-54266) is incorporated by reference herein.

EXHIBITS

Exhibit		Description
4.1		Amended and Restated Articles of Incorporation (1)
4.2		Amended and Restated Bylaws (2)
5		Opinion of Faegre & Benson LLP as to the legality of the shares being registered
23.1		Consent of Faegre & Benson LLP (contained in Exhibit 5 to this Registration Statement)
23.2		Consent of Deloitte & Touche LLP
24		Powers of Attorney (included on page 2 of this Registration Statement)
99		SurModics, Inc. 1999 Employee Stock Purchase Plan (as amended and restated as of November 30, 2009) (3)

SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, the Company 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 Eden Prairie, State of Minnesota, on February 26, 2010.

		SURMODICS, INC.
		By		/s/ Philip D. Ankeny   Philip D. Ankeny
				Senior Vice President and Chief Financial Officer

POWERS OF ATTORNEY

     Each of the undersigned hereby appoints Bruce J Barclay and Philip D. Ankeny, and each of them (with full power to act alone), as attorneys and agents for the undersigned, with full power of substitution, for and in the name, place and stead of the undersigned, to sign and file with the Securities and Exchange Commission under the Securities Act of 1933, as amended, any and all amendments and exhibits to this Registration Statement and any and all applications, instruments and other documents to be filed with the Securities and Exchange Commission pertaining to the registration of the securities covered hereby, with full power and authority to do and perform any and all acts and things whatsoever requisite and necessary or desirable.

     Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons, representing a majority of the Board of Directors, in the capacities indicated on February 26, 2010.

Signature		Title
/s/ Bruce J Barclay   Bruce J Barclay		President and Chief Executive Officer (Principal Executive Officer ) and Director
/s/ Philip D. Ankeny   Philip D. Ankeny		Senior Vice President and Chief Financial Officer (Principal Financial Officer)
/s/ Mark A. Lehman   Mark A. Lehman		Corporate Controller (Principal Accounting Officer)
/s/ Robert C. Buhrmaster   Robert C. Buhrmaster		Chairman
/s/ José H. Bedoya   José H. Bedoya		Director
/s/ John W. Benson   John W. Benson		Director
/s/ Mary K. Brainerd   Mary K. Brainerd		Director
/s/ Gerald B. Fischer   Gerald B. Fischer		Director

Signature		Title
/s/ Kenneth H. Keller, Ph.D.   Kenneth H. Keller, Ph.D.		Director
/s/ Susan E. Knight   Susan E. Knight		Director
/s/ John A. Meslow   John A. Meslow		Director

INDEX TO EXHIBITS

				Method
Exhibit		Description		of Filing
4.1		Amended and Restated Articles of Incorporation (1)		Incorporated by Reference
4.2		Amended and Restated Bylaws (2)		Incorporated by Reference
5		Opinion of Faegre & Benson LLP as to the legality of the shares being registered		Filed Herewith
23.1		Consent of Faegre & Benson LLP (contained in Exhibit 5 to this Registration Statement)
23.2		Consent of Deloitte & Touche LLP		Filed Herewith
24		Powers of Attorney (included on page 2 of this Registration Statement)
99		SurModics, Inc. 1999 Employee Stock Purchase Plan (as amended and restated as of November 30, 2009) (3)		Incorporated by Reference

Exhibit 5

Faegre & Benson llp
2200 Wells Fargo Center, 90 South Seventh Street
Minneapolis, Minnesota 55402-3901

February 26, 2010

Board of Directors
SurModics, Inc.
9924 West 74^th Street
Eden Prairie, Minnesota 55344

     In connection with the Registration Statement on Form S-8 under the Securities Act of 1933, as amended (the “Registration Statement”), relating to the offering of up to 200,000 additional shares of Common Stock, par value $0.05 per share (the “Shares”), of SurModics, Inc., a Minnesota corporation (the “Company”), pursuant to the SurModics, Inc. 1999 Employee Stock Purchase Plan (as amended and restated as of November 30, 2009), we have examined such corporate records and other documents, including the Registration Statement, and have reviewed such matters of law as we have deemed relevant hereto, and, based upon such examination and review, it is our opinion that all necessary corporate action on the part of the Company has been taken to authorize the issuance and sale of the Shares and that, when issued and sold as contemplated in the Registration Statement, the Shares will be legally and validly issued, fully paid and nonassessable.

     We consent to the filing of this opinion as an exhibit to the Registration Statement.

		Very truly yours,
		FAEGRE & BENSON LLP
		By:		/s/ Gordon S. Weber   Gordon S. Weber

Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated December 11, 2009, relating to the consolidated financial statements and financial statement schedule of SurModics, Inc. (which report expresses an unqualified opinion and includes an explanatory paragraph relating to SurModics, Inc.’s adoption of new accounting guidance on the accounting for uncertainty in income taxes), appearing in the Annual Report on Form 10-K/A of SurModics, Inc. for the year ended September 30, 2009, and our report dated December 11, 2009 relating to the effectiveness of SurModics, Inc.’s internal control over financial reporting, appearing in the Annual Report on Form 10-K of SurModics, Inc. for the year ended September 30, 2009.

/s/ DELOITTE & TOUCHE LLP

Minneapolis, Minnesota
February 22, 2010