As filed with the Securities and Exchange Commission on November 6, 2024
Registration No. 333-230574
Registration No. 333-201929
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-230574
FORM S-8 REGISTRATION STATEMENT NO. 333-201929
REGISTRATION STATEMENTS UNDER THE SECURITIES ACT OF 1933
BRINKER INTERNATIONAL, INC.
(Exact name of Registrant as specified in its charter)
Delaware | 75-1914582 | |
(State or Other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
3000 Olympus Boulevard
Dallas, Texas 75019
(Address, Including Zip Code, of Registrants Principal Executive Offices
Brinker International, Inc. Stock Option and Incentive Plan
Brinker International, Inc. 2024 Stock Option and Incentive Plan
(Full title of the plan)
Daniel Fuller
Senior Vice President and Chief Legal Officer
Brinker International, Inc.
3000 Olympus Boulevard
Dallas, Texas 75019
(Name and address of agent for service)
972-980-9917
(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 check mark 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. ☐
EXPLANATORY NOTE
This Post-Effective Amendment No. 1 (this Post-Effective Amendment) relates to the Registration Statements on Form S-8 (Registration No. 333-230574 and Registration No. 333-201929) (collectively, the Registration Statements) filed by Brinker International, Inc. (the Company) with the Securities and Exchange Commission (the Commission) on March 28, 2019 registering 1,350,000 shares of the Companys common stock, par value $0.10 per share (Common Stock) and on February 6, 2015 registering 2,000,000 shares of Common Stock, in each case issuable under the Brinker International, Inc. Stock Option and Incentive Plan (as amended and restated, the Prior Plan).
The Companys Board of Directors approved the Brinker International, Inc. 2024 Stock Option and Incentive Plan (the 2024 Plan) on September 20, 2024, and the 2024 Plan was subsequently approved by the Companys stockholders on November 6, 2024 (the Effective Date). Pursuant to the terms of the 2024 Plan, the number of shares of Common Stock subject to outstanding awards under the Prior Plan as of the Effective Date that, on or after such date, are forfeited, expire or are canceled without delivery of shares of Common Stock or which otherwise result in the forfeiture of shares of Common Stock back to the Company will be issuable under the 2024 Plan.
Pursuant to the undertakings in Item 9 of the Registration Statements, we are filing this Post-Effective Amendment to provide that the Registration Statements shall also cover up to 1,338,098 shares of Common Stock subject to outstanding awards under the Prior Plan as of the Effective Date that on or after such date are forfeited, expire or are canceled without delivery of shares of Common Stock or which otherwise result in the forfeiture of shares of Common Stock back to the Company and become issuable under the 2024 Plan.
Exhibit Index
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Company 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 Post-Effective Amendment to the Registration Statements to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Dallas and State of Texas on November 6, 2024.
BRINKER INTERNATIONAL, INC. | ||
By: | /s/ Daniel Fuller | |
Daniel Fuller | ||
Senior Vice President and Chief Legal Officer |
Note: No other person is required to sign this Post-Effective Amendment No. 1 to the Registration Statements in reliance on Rule 478 of the Securities Act of 1933, as amended.
Exhibit 5.1
Krista P. Hanvey Partner T: +1 214.698.3425 khanvey@gibsondunn.com |
November 6, 2024
Brinker International, Inc.
3000 Olympus Boulevard
Dallas, TX 75019
Re: | Post-Effective Amendment to Registration Statements on Form S-8 |
Ladies and Gentlemen:
We have examined the Registration Statements (the Prior Registration Statements) on Form S-8 of Brinker International, Inc., a Delaware corporation (the Company), filed with the Securities and Exchange Commission (the Commission) pursuant to the Securities Act of 1933, as amended (the Securities Act), on March 28, 2019 in connection with the offering by the Company of up to 1,350,000 shares of the Companys Common Stock, par value $0.10 per share (the Common Stock) and on February 6, 2015 in connection with the offering by the Company of up to 2,000,000 shares of Common Stock, in each case issuable to eligible individuals under the Brinker International, Inc. Stock Option and Incentive Plan (as amended and restated, the Prior Plan).
Pursuant to the terms of the Companys 2024 Stock Option and Incentive Plan (the 2024 Plan), the shares of Common Stock subject to outstanding awards under the Prior Plan as of November 6, 2024, that, on or after such date, are forfeited, expire or are canceled without delivery of shares of Common Stock or which otherwise result in the forfeiture of shares of Common Stock back to the Company will be available for issuance under the 2024 Plan (such shares of Common Stock, collectively, the Rollover Shares).
We have examined Post-Effective Amendment No. 1 to the Prior Registration Statements (the Post-Effective Amendment) to be filed with the Commission pursuant to the Securities Act in connection with the offering by the Company of such Rollover Shares that may become available for issuance under the 2024 Plan. In arriving at the opinion expressed below, we have examined originals, or copies certified or otherwise identified to our satisfaction as being true and complete copies of the originals, of the 2024 Plan and such other documents, corporate records of the Company, certificates of officers of the Company and of public officials and other documents as we have deemed necessary or advisable to enable us to render this opinion. In our examination, we have assumed without independent investigation the genuineness of all signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as copies. As to any facts material to this opinion, we have relied to the extent we deemed appropriate and without independent investigation upon statements and representations of officers and other representatives of the Company and others. We have also assumed that there are no agreements or understandings
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November 6, 2024
Brinker International, Inc.
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between or among the Company and any participants in the 2024 Plan that would expand, modify or otherwise affect the terms of the 2024 Plan or the respective rights or obligations of the participants thereunder. Finally, we have assumed the accuracy of all other information provided to us by the Company during the course of our investigations, on which we have relied in issuing the opinion expressed below.
Based upon the foregoing, and subject to the assumptions, exceptions, qualifications and limitations set forth herein and in reliance on the statements of fact contained in the documents that we have examined, we are of the opinion that the Rollover Shares, when issued and sold in accordance with the terms set forth in the 2024 Plan and against payment therefor, and when the Post-Effective Amendment has become effective under the Securities Act, will be validly issued, fully paid and non-assessable.
The opinion expressed above is subject to the following exceptions, qualifications, limitations and assumptions. We render no opinion herein as to matters involving the laws of any jurisdiction other than the Delaware General Corporation Law (the DGCL). This opinion is limited to the effect of the current state of the DGCL and to the facts as they currently exist. We assume no obligation to revise or supplement this opinion in the event of future changes in such laws or the interpretations thereof or such facts. We express no opinion regarding any state securities laws or regulations.
We consent to the filing of this opinion as an exhibit to the Post-Effective Amendment. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the Rules and Regulations of the Commission.
Very truly yours,
Gibson, Dunn & Crutcher LLP